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Sensex ends flat, Nifty holds 10,600 ahead of Q3 earnings season

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SI Reporter  |  New Delhi 

Bonds, Stock markets, Shares, Trading

Benchmark indices settled flat on Wednesday as investors remained cautious ahead of key corporate earnings later this week and the federal budget next month.

Sentiment was subdued as broader stepped back from their 2007 high, with MSCI’s broadest index of Asia-Pacific shares outside Japan down 0.47 percent after six straight days of gains through Tuesday.

Finance Minister Arun Jaitley is expected to present the budget for the 2018/19 financial year on Feb. 1, amid investor concerns that the government could unveil some populist measures with heavier spending than this year.

Key corporate earnings will kick off this week. Tata Consultancy Services is due to post December-quarter results on Thursday, followed by on Friday.

3:39 PM Nifty IT rose over 2% ahead of Q3 earnings season

Source: NSE

3:38 PM Sectoral Trend

Source: NSE

3:36 PM Top Sensex gainers and losers

Source: BSE

3:34 PM Broader Markets

Broader markets underperformed the benchmark indices with BSE Midcap index down 0.6% while BSE Smllcap ended 0.1% lower

3:32 PM Markets at Close

Benchmark indices settled flat on Wednesday as investors remained cautious ahead of key corporate earnings later this week and the federal budget next month.

The S&P BSE Sensex ended at 34,433 down 10 points while the broader Nifty50 index settled at 10,432, down 4 points

3:26 PM

Tata Group shares rally; Tinplate, Tata Sponge, Tata Metaliks up over 10%
 
Shares of Tata Group companies were trading higher by up to 18% on back of heavy volumes in otherwise range-bound market on Wednesday.
 
Tinplate Company of India, Tata Sponge Iron, Tata Metaliks and Tayo Rolls were up in the range of 10% to 18%, while Nelco, Tata Investment Corporation, Oriental Hotels, Tata Elxsi, Tata Consultancy Services (TCS), TRF and Trent up between 2% and 6%.
 
Five stocks – Oriental Hotels, Tata Investment Corporation, Tata Metaliks, Tata Sponge Iron and Tinplate Company of India– have hit their respective all-time highs on BSE in intra-day trade today. READ MORE

First Published: Wed, January 10 2018. 15:32 IST
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Sensex ends flat, Nifty holds 10,600 ahead of Q3 earnings season

Catch all live market action here

Catch all live market action here
Benchmark indices settled flat on Wednesday as investors remained cautious ahead of key corporate earnings later this week and the federal budget next month.

Sentiment was subdued as broader stepped back from their 2007 high, with MSCI’s broadest index of Asia-Pacific shares outside Japan down 0.47 percent after six straight days of gains through Tuesday.

Finance Minister Arun Jaitley is expected to present the budget for the 2018/19 financial year on Feb. 1, amid investor concerns that the government could unveil some populist measures with heavier spending than this year.

Key corporate earnings will kick off this week. Tata Consultancy Services is due to post December-quarter results on Thursday, followed by on Friday.
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Business Standard
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Sensex ends flat, Nifty holds 10,600 ahead of Q3 earnings season

Catch all live market action here

Benchmark indices settled flat on Wednesday as investors remained cautious ahead of key corporate earnings later this week and the federal budget next month.

Sentiment was subdued as broader stepped back from their 2007 high, with MSCI’s broadest index of Asia-Pacific shares outside Japan down 0.47 percent after six straight days of gains through Tuesday.

Finance Minister Arun Jaitley is expected to present the budget for the 2018/19 financial year on Feb. 1, amid investor concerns that the government could unveil some populist measures with heavier spending than this year.

Key corporate earnings will kick off this week. Tata Consultancy Services is due to post December-quarter results on Thursday, followed by on Friday.

image
Business Standard
177 22