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Stock Updates: Sensex up 150 points, conveniently close to 19,500; Nazara Tech Drops 9% – News18

by Nick Erickson
July 12, 2023
in Economy
Reading Time: 2 mins read
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Sensex hits all-time high of 63,588 led by index heavyweights; What should investors do? - News18
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Last updated: July 12, 2023, 9:35 AM IST

Sensex Today: Benchmark indices Sensex and Nifty got off to a cautious start on Wednesday as investors look forward to key inflation numbers expected in India and the US today, along with Q1 results IT majors TCS and HCL Tech.

The BSE Sensex rose 33 points to 65,651 and the NSE Nifty50 was unchanged at 19,437.

Titan, Kotak Bank, RIL, ITC, Bajaj Finance, ONGC and UPL led gains in the two benchmarks.

On the other hand, IndusInd Bank, M&M, HCL Tech, Infosys, Maruti and Hero Moto were the biggest frontline.

Broader markets opened higher. The BSE MidCap and SmallCap indices rose to 0.31 percent.

Shares of gaming companies rise to 10 percent on implementation of 28 percent GST

Global signals

Shares in Tokyo opened higher on Wednesday before sliding into negative territory as a stronger yen weighed on the market as investors awaited key US inflation data later in the day. minutes after the opening bell, while the broader Topix index fell 0.73 percent, or 16.34 points, to 2,220.06.

US equities rose on Tuesday, helped by optimism ahead of major inflation reports and as JPMorgan and other financial stocks rose ahead of earnings later this week.

Aparna Deb

Aparna Deb is a sub-editor and writes for News18.com’s business branch. She is interested in financial markets, economics and policy, among other things …Read more
Tags: closeconvenientlyDailyExpertNewsdropsNazaraNews18pointsSensexstockTechUpdates

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