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Bank Nifty rises over 1%, all 14 shares gain as RBI forex swap facility boosts banking stocks
Banking shares led gains on Dalal Street, after the Reserve Bank of India's operational guidelines for its FCNR(B) deposit and external commercial borrowing (ECB) schemes, easing hedging costs and make foreign-currency fund raising more attractive.
Sensex Today | Stock Market Live: Sensex slips 470 pts, Nifty below 24,150; Max Healthcare, JSW Steel, SBI Life top losers
Sensex Today | Stock Market LIVE Updates: Nifty Midcap index up 0.2% and Smallcap indices up 0.7%. Among sectors, metal, media, realty, oil & gas, power up 0.5-1% each. Adani Ports, Interglobe Aviation, Wipro, NTPC and Hindalco are among major gainers on the Nifty, while losers are Tata Consumer, Max Healthcare, JSW Steel, SBI Life Insurance, Axis Bank.
Nifty top losers today: IndiGo, SBI, Tata Motors stocks among biggest drags as oil shock rattles markets
Among the Nifty top losers today, IndiGo stock plunged about 5.4 percent, making it the biggest decliner on the index. State Bank of India fell around 5.1 percent. Auto stocks also featured prominently among the losers.
Nifty IT falls 2%; Infosys, TCS, HCLTech, Wipro among top losers today as higher US rate fears cloud outlook
The weakness in IT stocks was driven by renewed concerns that US interest rates may remain higher for longer, raising the risk that enterprises could postpone discretionary technology spending.
Closing Bell: Sensex crashes 1,123 pts, Nifty below 24,500 as US-Iran tensions intensify
Except IT, all other sectoral indices ended in the red, with Infra, PSU Bank, Realty, Media, Oil & gas, Auto, Metal down 2-4%. Nifty Midcap and smallcap indices down 2% each. Tata Steel, Tata Motors Passenger Vehicles, SBI Life Insurance, L&T, JSW Steel were among major losers on the Nifty, while gainers included Coal India, Bharti Airtel, Infosys, Tech Mahindra.
Nifty IT falls; Infosys, HCLTech, TCS among top losers as Q1 results loom, US Fed minutes revive rate worries
Nifty IT fell on Thursday, bucking a broader market rally, as investors awaited TCS' June quarter results and assessed hawkish US Fed minutes that reinforced concerns over a prolonged high-interest rate environment.