Stock Market LIVE Updates: Sensex drops over 250 points; Nifty slips below 17,100 level; Wipro tanks 6%

Sensex Today LIVE: Indian shares were lower in early trade on Thursday after data showed the country’s retail inflation accelerated to a five-month high in September, stoking fears of further rate hikes by the central bank.The NSE Nifty 50 index fell 0.19% to 17,090.50 as of 0348 GMT, and the S&P BSE Sensex declined 0.26% to 57,477.01.The country’s annual retail inflation jumped to 7.41% last month, as food prices surged, and it remained above the Reserve Bank of India’s target for three quarters.

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TCS Launches new collaboration with Microsoft: To build autonomous solutions with project Bonsai to help manufacturers transform

Price as on 13 Oct, 2022 11:12 AM, Click on company names for their live prices.

Wipro down 6% after Q2 results, brokerage see more pain in IT major

Price as on 13 Oct, 2022 11:09 AM, Click on company names for their live prices.

Larsen & Toubro’s arm L&T Heavy Engineering secures ‘significant’ orders in Q2 in range of 10 bln rs to 25 bln rs

Price as on 13 Oct, 2022 10:53 AM, Click on company names for their live prices.

RBI is likely to approve acquisition of IDFC MF by Bandhan-led consortium. IDFC MF may be renamed Bandhan MF after formal approvals, according to sources

Buzzing pipe stocks

Price as on 13 Oct, 2022 10:33 AM, Click on company names for their live prices.

Off highs!

Price as on 13 Oct, 2022 10:25 AM, Click on company names for their live prices.

NSDL acquires 5.6% in Ecomm Platform ONDC for Rs 10 crore

NSDL acquires 5.6% in Ecomm Platform ONDC for Rs 10 crore

Abhishek Lodha of Macrotech Developers discuss the road ahead for their projects pipeline, pre-sales targets & realty demand with ETNOW

Adani Wilmar plunges 3% in morning trading session

Price as on 13 Oct, 2022 09:40 AM, Click on company names for their live prices.

7 Broad market indices open in red; Nifty50 down 0.16%; India VIX up 1.53%

7 Broad market indices open in red; Nifty50 down 0.16%; India VIX up 1.53%

IHH Healthcare Berhad is believed to have approached consultations with authorities including the stock market regulator to explore ways to proceed with its planned open offer to acquire an additional 26% stake in Fortis Healthcare, said people in the know.

Price as on 13 Oct, 2022 09:24 AM, Click on company names for their live prices.

Opening Bell: Sensex drops over 150 pts; Nifty tests 17,100 level; Wipro tumbles 4%; HCL Tech up 2%

Opening Bell: Sensex drops over 150 pts; Nifty tests 17,100 level; Wipro tumbles 4%; HCL Tech up 2%

Gold in tight range as investors brace for U.S. inflation data

Gold prices flitted in a tight range on Thursday as market participants maintained a cautious stance ahead of a key U.S. inflation reading that could influence the size of the Federal Reserve’s next interest rate hike.

Spot gold held its ground at $1,670.20 per ounce, as of 0239 GMT. U.S. gold futures dipped 0.1% to $1,676.50.

Although traditionally considered an inflation hedge, rising interest rates to combat high prices have reduced bullion’s appeal since the metal yields no interest.

Gold in tight range as investors brace for U.S. inflation data

Pre-open session: Sensex slips over 100 points; Nifty below 17,090

Asian stocks weaken as Fed, BoE fuel uncertainty before U.S. CPI data

Asian stocks followed Wall Street lower and bond yields remained depressed on Thursday as investors weighed the risks of global recession amid hawkish Federal Reserve rhetoric and uncertainty about the Bank of England’s commitment to stabilising markets.

Quarterly earnings today

Infosys, Mindtree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Sheetal Cool Products, Aditya Birla Money and Alstone Textiles are among companies that will announce their quarterly earnings today.

SGX Nifty signals a negative start

Nifty futures on the Singapore Exchange traded 52 points, or 0.30 per cent, lower at 17,053, signaling that Dalal Street was headed for a negative start on Thursday.

Tech View: Nifty finds support at 200-DMA for second day

Domestic equity benchmark index Nifty50, which closed Wednesday’s session well above the 17,100 mark, an important Fibonacci level, formed a bullish harami pattern on the daily charts suggesting a rise in optimism. The index found support at 200-DMA for the second consecutive day.

Tokyo shares open softer after US falls

Tokyo stocks opened lower Thursday after Wall Street eased overnight ahead of US inflation data. The benchmark Nikkei 225 index inched down 0.04 percent, or 10.39 points, to 26,386.44, while the broader Topix index slipped 0.21 percent, or 3.95 points, to 1,865.05.

S&P ends lower, dollar loses ground after Fed minutes

Wall Street’s equity indexes ended Wednesday’s volatile session in the red and the dollar made little progress while bond yields fell as investors digested minutes from the latest Federal Reserve meeting and waited for a key U.S. inflation reading.

Oil prices shaky amid worsening demand outlook

Oil prices struggled to find their footing in early Asian trade on Thursday after a weakening global demand outlook depressed the market in the last session.

Rupee falls 12 paise to close at 82.33 against US dollar on fund outflows

The rupee fell by 12 paise to close at 82.33 against the US dollar on Wednesday due to sustained foreign fund outflows and a stronger dollar in the overseas markets.

Sensex, Nifty on Wednesday

Shrugging off weak global cues, the domestic equity market behaved decoupled from the rest of the world once again today as Sensex rallied 479 points to 57,626 and Nifty50 closed above 17,100 level.

Good morning, dear reader! Here’s something to kickstart your trading day

Good morning, dear reader! Here's something to kickstart your trading day

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