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Siemens Ltd eases for fifth straight session
Siemens Ltd is quoting at Rs 3519, down 0.09% on the day as on 13:19 IST on the NSE. The stock jumped 7.94% in last one year as compared to a 5.56% slide in NIFTY and a 8.45% spurt in the Nifty Energy index.
Nifty June futures trade at a premium
HDFC Bank, ICICI Bank and Reliance Industries were the top traded contracts.
JSW Energy Ltd slips for fifth straight session
JSW Energy Ltd is quoting at Rs 549.65, down 1.96% on the day as on 13:19 IST on the NSE. The stock jumped 6.36% in last one year as compared to a 6.57% slide in NIFTY and a 7.54% spurt in the Nifty Energy index.
Aegis Logistics Ltd soars 13.83%, Gains for third straight session
Aegis Logistics Ltd is quoting at Rs 911.8, up 13.83% on the day as on 12:49 IST on the NSE. The stock is up 13.66% in last one year as compared to a 6.49% gain in NIFTY and a 7.8% gain in the Nifty Energy index.
INR pares initial losses and settles largely unchanged
The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).
Nifty June futures trade at a premium
HDFC Bank, Reliance Industries and ICICI Bank were the top traded contracts.
Oil India Ltd slips for fifth straight session
Oil India Ltd is quoting at Rs 449.7, down 5.52% on the day as on 13:19 IST on the NSE. The stock tumbled 3.35% in last one year as compared to a 6.94% slide in NIFTY and a 7.63% spurt in the Nifty Energy index.
Oil & Natural Gas Corpn Ltd eases for fifth straight session
Oil & Natural Gas Corpn Ltd is quoting at Rs 254.8, down 1.62% on the day as on 13:19 IST on the NSE. The stock jumped 3.02% in last one year as compared to a 6.94% slide in NIFTY and a 7.63% spurt in the Nifty Energy index.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades lower; Jefferies initiates 'buy' for Meesho
Sensex Today | Stock Market LIVE Updates: The Nifty though, dragged by HDFC Bank and IT on Tuesday, would be hopeful that both put their hand up and enable a breakout for the index as well. A factor that bulls will take heart from is that Reliance Industries snapped a nine-day losing streak on Tuesday and if that rebounds from lower levels, it will be a big boost to the index.
Nifty Outlook for June 10: Two things that need to fall in place for the index to breakout
For Wednesday's midweek session, Tuesday's high of 23,279 will become the first level to cross for the bulls before an attempt is made to sustain above 23,300 levels. At this juncture, with the underperformance of IT, HDFC Bank and the volatile moves seen in Reliance Industries, 23,500 appears distant.
NLC India Ltd drops for fifth straight session
NLC India Ltd is quoting at Rs 328, down 2.31% on the day as on 13:19 IST on the NSE. The stock is up for a third straight session today in last one year as compared to a 7.57% up 0.28%. in NIFTY and a 8.56% down 22.64% in the Nifty Energy index.
Explained: How AI mania has thrown India Inc out of MSCI EM's top 10 and world's top 100 list
Indian companies are no longer in the top 10 of the MSCI Emerging Markets Index. A surge in AI stocks has shifted global capital. Taiwan and South Korea's chipmakers now dominate the index. Reliance Industries and HDFC Bank have fallen in global rankings. India's market weight has hit a six-year low. This concentration is driven by strong company growth.