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SEBI Details Policy Initiatives On Investor Charters
Source: SEBI press release
India’s stock benchmarks declined, dragged by losses in banking and telecom stocks, amid a fall in global equities after Federal Reserve officials hinted at aggressive steps to tackle surge in inflation.
Shares of Gulshan Polyols Ltd. hit 5% upper circuit for the second session a row. Over the past two days, the stock has gained 10%. The relative strength index on the stock is at 84, suggesting it may be overbought.
Shares of Tata Consultancy Services (TCS) rose over 1.6% as analysts expected the company to sustain its revenue growth trajectory, aided by deal intake and demand for digital technology.
Stock Recommendations: India’s stock benchmarks advanced, aided by gains in metal, auto and banking stocks. The rebound in global equities continued after preliminary studies showed omicron strain may be relatively less likely than delta strain to land patients in hospitals.
Top Stock Market News Today: Sensex, Nifty, Share Prices Domestic markets were in firm control of bulls on Wednesday. S&P BSE Sensex was up 1,000 points or 1.73% sitting near an intraday high of 58,637 while NSE Nifty 50 was above 17,450.
12 Best Stock Market News: Asian stocks were mixed Friday as traders evaluated risks from the omicron virus strain, while Treasury yields pared a climb spurred by Federal Reserve comments about a quicker reduction in stimulus.