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The BSE Sensex fell 870.51 points or 1.74 per cent to close at 49,159.32, having plunged almost 2.3 per cent during trade. NSE’s Nifty declined 229.55 points or 1.54 per cent to close at 14,637.80, recovering from a drop of 2.7 per cent earlier in the day.
SGX Nifty up 90 points; here's what changed for market while you were sleepingAsian equities opened lower on Wednesday on concerns about rising interest rates and rich equity valuations and following a downdraft in US and European overnight trading.
from Stocks-Markets-Economic Times https://ift.tt/2Z… Read MoreWipro bags $500mn Estee Lauder deal Wipro is learnt to have won a contract from US cosmetics maker Estee Lauder worth $500 million, making it a significant deal under CEO Thierry Delaporte. Wipro will provide application development & maintenance and infra… Read MoreRecovery incomplete, high inflation unlikely: PowellMost economists say they think the Fed’s continued low rates, further government financial aid and progress in combating the viral pandemic could create a mini-economic boom as soon as this summer. Powell acknowledged the pot… Read MoreRIL hives off oil-to-chemicals bizThe interest-bearing loan from RIL to the O2C company will be an “efficient mechanism to upstream cash, including any potential capital receipts in the unit”, it said.
from Stocks-Markets-Economic Times https://ift.tt/2ZIoMt… Read MoreUnited Spirits will review mass brands United Spirits (USL) on Tuesday said it is set to start a strategic review of several of its mass-priced brands, excluding McDowell’s and Director’s Special trademarks.
from Stocks-Markets-Economic Times https://ift.tt/2ZXv… Read More
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