Key Points
Shares of Nykaa jumped 7.86% on reports of 5.54 million shares changing hands in block deals worth Rs 75 crore...
Strong buying in tech and FMCG counters lifted Indian equities higher by close to 1% on Wednesday, a day before the Reserve Bank of India (RBI) announces its key policy rates...
The benchmark Sensex rose 582.87 points or 0.99% to close at 59,689.31..
Global stocks mostly fell as hawkish messages from New Zealand and Australian central banks signalled a prolonged fight against inflation and revived concerns about a deeper economic slowdown. Signs of a slowing US labour market also made investors nervous about the economic outlook, said a note by HDFC Securities...
Additionally, net direct tax collections have exceeded Union Budget estimates by 17%, further confirming robust economic growth, said Siddhartha Khemka, head of retail research, Motilal Oswal Financial Services...
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