
The benchmark indices reversed early gains and settled with modest losses on Wednesday, sliding for the fifth trading session. Dismal cues from European stock market and weakness in Dow Jones index futures spoiled investors sentiment. PSU banks and media stocks were hammered. However, metals and pharma stocks bucked the trend. After hitting a high of 17,211.35 in early trade, the Nifty 50 index pared gains as the session progressed. The index turned negative in afternoon trade and hit the day's low of 16,938.90 in late trade. 


Market tumbles for 5th day, Nifty slips below 17K

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Quick Wrap: Nifty Metal Index gains 1.80%


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Refex Industries incorporates subsidiary - Refex Green Mobility

The offer received bids for 9.46 crore shares as against 77.49 lakh shares on offer.

Global Surfaces IPO subscribed 12.21 times

Adani Enterprises, Reliance Industries (RIL) and HDFC Bank were the top traded contracts.

Nifty March futures trade at premium

Indian Oil Corporation (IOCL) rose 1.12% to Rs 78.55 after the company's board approved to form a wholly owned subsidiary in India to operate in the domain of low carbon, new, clean and green energy businesses.

IOCL gains on plan to form subsidiary for green energy biz


The domestic equity benchmarks ended with modest losses on Wednesday, sliding for the fifth trading session. The Nifty slipped below 17,000 level after hitting the day's high of 17,211.35 in early trade. Metal, consumer durables and healthcare stocks were in demand while bank, media and financial services shares dragged lower.


Market slides for 5th day, Sensex drops 344 pts, Nifty ends below 17,000

Ruckus continues over Rahul Gandhi's democracy remark.

Both Houses of Parliament adjourned for the day


The proposed WoS will focus and pursue Indian Oil's low carbon and green energy business to meet the operational requirements of the net zero target and beyond.

Board of Indian Oil approves incorporation of subsidiary focused on low carbon and green energy

KEC International advanced 2.18% to Rs 462.15 after the company announced that it has secured new orders worth Rs 1,028 crore across its various businesses.

KEC Intl gains on bagging orders worth Rs 1,028 cr

Bonlon Industries Ltd, Brooks Laboratories Ltd, North Eastern Carrying Corporation Ltd and Orissa Bengal Carrier Ltd are among the other losers in the BSE's 'B' group today, 15 March 2023.

CHD Chemicals Ltd leads losers in 'B' group

K E C International has secured new orders of Rs. 1,028 crores across its various businesses: 

K E C International wins orders worth Rs 1028 cr

Hindustan Petroleum Corporation appoints director

Olectra Greentech Ltd, Sun Pharma Advanced Research Company Ltd, Brightcom Group Ltd and Network 18 Media & Investments Ltd are among the other losers in the BSE's 'A' group today, 15 March 2023.

Swan Energy Ltd leads losers in 'A' group


The key equity indices traded with minor cuts in mid-afternoon trade. The Nifty traded below 17,050 mark after hitting the day's high of 17,211.35 in early trade. FMCG stocks declined for the third straight session.


Nifty below 17,050 mark; FMCG stocks decline

Life Insurance Corporation of India (LIC) disclosed that it decreased its stake in NMDC to 11.69% from 13.699% and in TIL to 8.076% from 10.199% earlier.

LIC pares stake in NMDC, TIL

Hikal Ltd recorded volume of 17.49 lakh shares by 14:14 IST on NSE, a 11.74 times surge over two-week average daily volume of 1.49 lakh shares

Volumes soar at Hikal Ltd counter

FMCG stocks were trading in red, with the S&P BSE FMCG Sector index falling 36.6 points or 0.23% at 16081.25 at 13:46 IST.

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