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Indian shares set for muted open as US jobs data fuels rate concerns
Indian shares are set for a subdued start on Friday, tracking weakness in global peers, after data indicating strength in the U.S. labour market fuelled concerns of further monetary policy tightening. Key Points
ReutersTech View: Nifty charts hint at more trouble ahead. What traders should do on Friday
Indian stock market Nifty fell by 118 points to close at 19,659.90, forming a lower top and bearish candle indicating further correction. The daily Bollinger bands also suggest a short-term consolidation. Support at 10-day EMA at 19,680 has been broken after sustaining for 21 days, showing weakness and a possible Key Points
Economic TimesIndian shares fall as L&T slides after results disappoint
BENGALURU (Reuters) -Indian shares opened lower on Wednesday, weighed down by a fall in Larsen & Toubro on missing profit estimates, and tracking weakness in broader Asian equities ahead of the U.S. Key Points
ThePrintIndia's manufacturing PMI slips to lowest level in four months
India's manufacturing sector expanded at the slowest pace in four months in February amid rising borrowing costs & weakness in the sector, a private survey showed on Wednesday. However, the sector remained relatively strong amid buoyant domestic demand, despite higher inflationary pressures. It was well above the 50-mark separating expansion from contraction for a 20th straight month. Key Points
Economic TimesDangal actor Suhani Bhatnagar suffered from dermatomyositis: Know all about it
Dangal actor Suhani Bhatnagar died on February 16. She suffered from a rare disease called dermatomyositis, that causes muscle weakness and skin rash. Key Points
India Today
Sensex cracks over 900 points in just 2 days. 5 factors upsetting the bulls
The overall market breadth was negative as laggards on the BSE outnumbered gainers. While weakness persisted in the market, the volatility gauge India VIX rose just 1% to 13.4600 points. This suggests that the risk-off mood hasnt completely set into the market. Key Points
Economic TimesPre-market action: Here's the trade setup for today's session
The US Fed Chair Powell's speech will be keenly watched. We expect the market to consolidate over the next few days until the events unfold, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal. Key Points
Economic TimesRupee flat, far forward premiums extend decline to 2-1/2-month low
By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee was largely flat on Wednesday as sustained dollar inflows helped ease the pressure from weakness in most Asian currencies. The rupee was at 82.90 Key Points
ThePrintStock market today: BSE Sensex surges over 500 points, crosses 71,000; Nifty50 above 21,500
India Business News: Stock market today: Get the latest updates on the stock market today. BSE Sensex surges over 500 points to cross the 71,000 mark again, while Nifty50 remains above 21,500. Stay informed about the market-moving events and Budget 2024. Key Points
Times Of IndiaSensex ends over 1,600 points lower, Nifty down over 2%; HDFC Bank tumbles 8%
The S&P BSE Sensex ended 1,628.02 points lower at 71,500.76, while the NSE Nifty50 plunged 460.35 points to settle at 21,571.95. Key Points
India Today
Rupee rises 10 paise to 81.96 against U.S. dollar in early trade
The Rupee gained 10 paise to 81.96 against the U.S. dollar in early trade on May 10 tracking the weakness of the American currency in the overseas market. Key Points
The HinduOil extends drop as US slowdown concerns eclipse stockpile draw
In Asia, meanwhile, gasoline markets are showing signs of weakness as profits from producing the fuel slump. Diesel is also lagging, with some refiners considering cuts to processing as margins decline. That’s weighing on prices of crude grades. Key Points
FinancialexpressSensex, Nifty end lower as IT stocks fall; Infosys down 10%
The S&P BSE Sensex fell 520.25 points to 59,910.75, while the NSE Nifty 50 settled 121.15 points lower at 17,706.85. Key Points
India TodayKushboo Sundar hospitalised after suffering from high fever, ‘killing’ body ache, says ‘Do not ignore signs when your body..’
Actor-turned-politician Kushboo Sundar shared her health update on social media. She also advised her fans to not ignore the signs of the body when it tells you to slow down. Key Points
The Indian Express