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CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index
Industrial production and inflation data, quarterly earnings from IT majors and global trends would drive the equity markets in a holiday-shortened week, analysts said. Moreover, foreign fund trading activity, movement of the rupee and global crude oil prices would also dictate terms in the market, they added. Equity markets would remain closed on Friday for 'Dr Baba Saheb Ambedkar Jayanti'. "Leading IT companies TCS and Infosys will report their results this week. Due to concerns about a worldwide recession, markets will pay close attention to management commentary. US inflation and non-farm payroll figures will be important things to keep an eye on the global front. "In addition to FIIs' actions, other crucial market-determining variables include the movement of crude oil prices, the dollar index, and US bond yields," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. TCS will announce its quarterly earnings on Wednesday and Infosys on Thursday. Ajit Mishra, VP -
Volatility in global financial market has potential upsides for imported inflation, says committee
CLOSING BELL: Buying momentum in IT, HUL, and ITC shares also lent support
Analysts, however, remain cautious over sustenance of this recent rebound as markets will face a slew of data driven activity in the coming days
CLOSING BELL: Adani Enterprises, Adani Ports, JSW Steel, Eicher Motors, HCL Tech, Bajaj Auto, Ultratech Cement, Tata Motors, and Hero MotorCorp were the large-cap winners
CLOSING BELL: The S&P BSE Sensex ended 40 points lower, while the Nifty50 was down 34 points. Shares of Adani Group tumbled up to 7 per cent, with Adani Enterprises leading the fall.
CLOSING BELL: The debt mutual fund (Debt MF) investors will no longer receive the long-term capital gain tax benefit. Moreover, the Centre also hiked the STT on the sale of F&O contracts
CLOSING BELL: The market breadth was firmly in the favour of buyers as the broader markets, too, rose in tandem with the benchmark indices
Analysts attribute fallout in domestic equities due to investors' fear of a domino effect after the collapse of big financial institutions in the US, and Europe
Asked whether Saudi National Bank was open to further cash injections, Chairman Ammar Al Khudairy said "absolutely not."
CLOSING BELL: The Nifty 50 ended below the 17,000-mark for the first time since October 11, 2022. The NSE benchmark has now shed 630 points in the last five trading sessions.
Stock market live updates: As of 7:45 am, the SGX Nifty stood at 17,208 levels, up 28-odd points
CLOSING BELL: The Nifty PSU Bank index declined 2.2 per cent, while the Nifty Bank and Private Bank indices fell 1.8 per cent each
John David Rainey, CFO Walmart, said during an investor conference that Walmart-owned Flipkart and PhonePe have exciting opportunities and have large portions of market share in India
CLOSING BELL: Bottom fishing in select heavyweights lifted benchmark indices off lows, leading to a positive close for a third consecutive day on Wednesday
CLOSING BELL: Tata Motors, NTPC, Power Grid, Infosys, Bajaj Finserv, Asian Paints, RIL, ITC, HDFC, Wipro, TCS, Axis Bank, HUL, and HCL Tech were the top Sensex gainers today
The spike comes after the US Federal Reserve Atlanta President Raphael Bostic vouched for a measured rate hike approach, which strengthened global sentiments
CLOSING BELL: IT, financial and metal shares led the market rally; Broader indices such as Midcaps and Smallcaps outperformed the benchmarks, while shares of Adani Group too finished on a solid note.
CLOSING BELL: The key benchmark indices ended lower for the seventh straight trading day. The Sensex has shed 2,032 points, while the Nifty 50 has declined 643 points in this period.