ReutersINSIGHTS
Read Stock Insights by ET for a quick analysis
Benchmark NSE Nifty index fell 26.95 points to 18270.05 amid selling in frontline bluechip stocks.
However, stocks such as SITI Networks, De Neers Tools, Innovative Tyres & T, SEL Manufact and BEML Land Assets, touched their fresh 52-week low.
Overall, 19 shares traded in the green in Nifty50 index, while 30 traded in the red.
In the Nifty 50 index, Eicher Motors, Bajaj Auto, Tata Motors, Axis Bank and Hero MotoCorp were among top gainers, while BPCL, Hindalco, Divis Labs, Power Grid and Dr. Reddys traded in the red.
The BSE Sensex was trading 74.98 points down at 61829.54 at 10:40AM(IST).
Traders were seen piling up positions in Telecommunications, Industrial Equipment, Learning & Education, Hospitals & Allied Services and Agro Processing sectors, while selling was visible in Media & Entertainment, Metals - Non Ferrous, Defence, Gas & Petroleum and Power sectors.
Friday, 12 May, 2023- Front Page
- Pure Politics
- Brands & Companies
- Companies
- More
- On Watchlist: Govt Seeks to Tax Netflix Income in India
India is seeking to tax Netflix Inc.’s income earned from streaming services in the country, people familiar with the matter said. It’s the first such move to tax overseas digital companies providing electronic commerce services to consumers in India, they said.
PhonePe Will Likely go for an India ListingWalmart president and chief executive officer Doug McMillon has said the performance of its payments company PhonePe has seen a significant upside, and if it chooses to enter the ecommerce business, it won’t compete with sister company Flipkart as both will be focused on serving their own set of customers.
Adani in Talks for $2-2.5b Stake Sales in 3 Group CosAdani Group is in discussions with potential investors to raise $2-2.5 billion via share sales in Adani Enterprises, Adani Transmission and Adani Green Energy, said people aware of the matter.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Get Unlimited Access to The Economic Times 
