Shutterstock.comNakoda Group(up 4.96%), Jyothy Labs(up 2.30%), Bajaj Consumer(up 1.24%), Parag Milk(up 0.50%), Mrs Bectors Food Specialities(up 0.32%), Umang Dairies(up 0.26%), Sheetal Cool Products(up 0.16%) and Nestle India(up 0.09%) stood among the top gainers.
Vadilal Industries(down 2.05%), Godrej Consumer Products(down 1.74%), TATA CONSUMER PRODUCTS(down 1.56%), Britannia Industries(down 1.10%), Dabur India(down 0.98%), Hindustan Unilever(down 0.95%), Dangee Dums(down 0.94%), JHS Svendgaard Laboratories(down 0.88%), Colgate Palmolive(India)(down 0.87%) and Hindustan Foods(down 0.85%) were among the top losers of the day.
The NSE Nifty50 index ended 164.8 points down at 17589.6, while the 30-share BSE Sensex closed down 541.81 points at 59806.28.
Tata Steel(up 1.6%), Larsen & Toubro(up 1.03%), Apollo Hospitals Enterprises(up 0.96%), Bharti Airtel(up 0.89%), Axis Bank(up 0.8%), JSW Steel(up 0.71%), Cipla(up 0.51%), NTPC(up 0.34%), Hindalco Industries(up 0.27%) and Nestle India(up 0.09%) stood among the top gainers in the Nifty pack.
On the other hand, Adani Enterprises(down 4.24%), Mahindra & Mahindra(down 3.24%), SBI Life(down 2.88%), Reliance Industries(down 2.4%), Adani Ports & Special Economic Zone(down 2.08%), Bajaj Finserv(down 2.05%), ICICI Bank(down 1.85%), Eicher Motors(down 1.8%), Maruti Suzuki(down 1.75%) and Tech Mahindra(down 1.7%) closed in the red.
Thursday, 09 Mar, 2023- Front Page
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Short-term Yields Up, Re Down After Powell Rate SignalBond yields at the shorter end of the curve exceeded those of long-tenor sovereign debt in India while the rupee retreated Wednesday, reflecting the likelihood of outflows from local assets after the US Federal Reserve indicated rates would continue to harden.
India to Top China as Walmart’s Largest Int’l Market in ’23: CFOIndia is likely to surpass China and emerge as the largest international market for Walmart this year, a top company executive said.
Sebi Mulls PCVs to Offer Long FundingAmid allegations of fierce valuation games that drive startups to dress up numbers and venture capitalists to spin stories to investors, the idea of permanent capital vehicles (PCVs) to offer long, patient funding to unlisted outfits of Indian entrepreneurs is being explored.
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