ANI
24 Jan 2023, 21:55 GMT+10
New Delhi [India], January 24 (ANI): Indian stock indices closed Tuesday's trade largely on a steady note. In early trade, they traded significantly higher.
Among the Nifty sectoral indices, metal, pharma, PSU bank, and realty were the top losers, whereas consumer durables, auto, and IT were the top gainers, National Stock Exchange data showed.
"Markets ended almost unchanged in a volatile trading session, in continuation to the prevailing consolidation phase," said Ajit Mishra, vice president, Technical Research, Religare Broking Ltd.
Vinod Nair, head of Research at Geojit Financial Services, said he has hopes of a soft landing in the US economy along with anticipation of a lesser rate hike boosted global bourses.
"Mirroring robust global peers, the domestic market extended previous gains driven by auto stocks. However, due to selling pressure in banking shares, the indices anchored close to the flatline. Auto stocks were in focus prior to the earnings results of the sector major," said Nair.
Meanwhile, the Rupee closed at 81.72 versus the US dollar, against Monday's close of 81.39.
"The Rupee trend which was positive a couple of days back has turned volatile as the last couple day rupee has lost 0.80 per cent from highs of 80.95 registered in early Monday morning opening," said Jateen Trivedi, VP and research analyst at LKP Securities. (ANI)
Get a daily dose of Cape Town Express news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cape Town Express.
More InformationThe U.S. has supplied Israel with scores of BLU-109 bunker-buster bombs since October 7, the Wall Street Journal has reported, ...
WASHINGTON D.C.: This week, the Biden administration announced a proposal by the Environmental Protection Agency (EPA) that would require U.S. ...
TOKYO, Japan: Japan's space agency recently fell victim to a cyberattack, but reassuringly, the compromised information did not pertain to ...
MOUNT PLEASANT, Michigan: This week, a judge sentenced a Michigan man who kept his dead wife's body in a freezer ...
ATLANTA, Georgia: After two consecutive years of declines mainly caused by the COVID-19 pandemic, babies born in the U.S. in ...
The number of soldiers in the Israeli army killed in the current Israel-Hamas war has topped 400. Three hundred and ...
Israel intensified its deadly bombardment of the Gaza Strip Saturday as renewed fighting with Hamas entered a second day following ...
Johannesburg - Nelson Mandela was a global icon who inspired the world, spending 27 years in prison for his fight ...
Johannesburg - Nelson Mandela was a global icon who inspired the world, spending 27 years in prison for his fight ...
New Delhi [India], December 5 (ANI): Evergreen New Zealand batter Suzie Bates has admitted she would love to prolong her ...
Brazil may boost supplies of industrial goods to the sanctions-hit country, Ambassador Rodrigo Baena Soares saysWestern sanctions on Russia intended ...
Bengaluru (Karnataka) [India], December 4 (ANI): India captain Suryakumar Yadav lauded rookie leg-spinner Ravi Bishnoi for his great recovery in ...