![]() ![]() inflation data delivered no nasty surprises, reinforcing hopes the Federal Reserve will likely go for a smaller rate hike when it meets next week. Bharti Airtel, IndusInd Bank and Reliance shed somewhere in between 1.5% to 2%.Īsian equities rose on Wednesday, tracking a relief rally on Wall Street after U.S. Asian Paints and Tata Steel also climbed by 3% and 2%, respectively. Metal index jumped 1.5% and Consumer Durables around 0.7% but most other sectors ended in the red with Bank, Media, and Realty leading the sectoral laggards.Īmong stocks, Adani Enterprises and Adani Ports climbed 5.7% and 4%, respectively. Sensex ended below 57,600 to close at 57,555 as it shed almost 350 pts. Nifty closed below 17,000, at 16,972, as it lost 71 points. Nifty 50 gave up on the 17,000 mark as Bank indices pulled the markets down. The volatility persisted on Wednesday despite positive global cues as benchmark indices gave up on early gains and ended in the red for the 5th session in a row. , 03:42:07 PM IST Indices shed for 5th session in a row as Sensex slides 0.59% and Nifty 0.42%
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