Tata Steel hogged the limelight in the Sensex pack, rallying 6.87%
A "Golden Cross" breakout indicates a firm bullish sentiment in the medium-term
If the Fed announces a taper, it could trigger a correction till 14,000-14,500 in Nifty in next 2-3 months
Market players said the developments in China has promoted several foreign funds to prune their exposure to the entire emerging market (EM) pack
The JD(U) de facto leader said that though caste census began in 2010 and a report came in 2013 but it was never released
The benchmark indices fell for the last three sessions as rising Covid cases brought fresh worries about disruption in economic activities
Sensex shed 355 points to end at 52,198, down 0.7%; Nifty lost 120 points to end at 15,632
Inflation, delta variant concerns trigger global risk off sentiment
Infosys closed 0.3 per cent higher after posting strong earnings and raising its forecast on the back of a pandemic-driven expansion in digital offerings by businesses globally.
New daily cases climbed to a record 54,517 on Wednesday, higher than India's, while the seven-day moving average jumped to 41,521 from less than 6,000 at the end of May
Stock will need to move to about Rs 328 a share (4.3x over possible IPO price of Rs 76) for it to be part of Nifty index
The broader markets, on the flipside, settled about half a per cent higher.
Sensex posts biggest loss in nearly two months
Sectorally, all but IT index closed in the red with the Nifty Metal and PSU Bank indices leading the list of losers, down over 2 per cent each
Nifty 50 index rose 61 points, or 0.4 per cent, to end at a new lifetime high of 15,879.65
Realty and metal indices rose 2 per cent each while auto index ended in the red
In the broader markets, the BSE MidCap index settled 0.12 per cent higher while the BSE SmallCap index closed 0.26 per cent lower
Sectorally, all, except the IT and Pharma indices, ended in the green. Of these, the Nifty Realty index was the top gainer, up nearly 3 per cent.
Sectorally, the Nifty Pharma index was the top gainer, up 0.6 per cent, followed by the Nifty Bank index, up 0.4 per cent
Despite an overall slowed down momentum in the markets, investors rewarded auto stocks as the June sales figures showed healthy year-on-year recovery