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 Broadcast Communications 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 Broadcast Communications.
More InformationNEW YORK, New York - Stocks ended sharply higher on Tuesday following mixed comments by Federal Reserve Chairman Jerome Powell.Powell ...
NEW YORK CITY, New York: The Wall Street Journal reported this week that the US Federal Trade Commission is preparing ...
VEVEY, Switzerland: In an interview with Frankfurter Allgemeine Zeitung this week, Nestle's Chief Executive Mark Schneider said the world's largest ...
WASHINGTON D.C.: Despite the efforts of the Federal Reserve Bank to cool the job market to help curb record-high inflation, ...
NEW YORK, New York - A sharp rise in U.S. Treasury yields kept buyers at bay on Wall Street on ...
WASHINGTON D.C.: A report released this week detailed how, in January, layoffs in the US reached a more than two-year ...
Yaounde, Cameroon - Authorities in Cameroon say 27 people, including senior police officers and a well-known media mogul, have been ...
Moscow is using ?manipulation and interference as a crucial instrument? during the Ukraine conflict, the EU's top diplomat claimsThe EU's ...
Sydney - Australian Trade Minister Don Farrell has been invited to China, boosting hopes that sanctions and tariffs on Australian ...
Islamabad [Pakistan], February 7 (ANI): Pakistan has lifted the ban on the online encyclopedia, Wikipedia after the country's Prime Minister ...
Guwahati (Assam) [India], February 6 (ANI): The first Youth20 (Y20) Inception Meeting under the G20 started in Guwahati on Monday. ...
New Delhi [India], February 5 (ANI): The government policies for online gaming service providers and intermediaries are aimed at ensuring ...