markets

<div>
	
	Benchmark Indices ended lower on Wednesday as tensions between India and Pakistan escalated.&nbsp;<br />
	<br />
	The S&P BSE Sensex ended at 35,905, down 68 points or 0.19 per cent, while the broader Nifty50 index settled at 10,807, down 29 points or 0.26 per cent. The 30-share index had hit an intra-day of&nbsp;36,371, while the 50-share Nifty surged to&nbsp;10,939 during the day.<br />
	<br />
	<div>
		Among the sectoral indices, Nifty IT index ended 0.5 per cent lower led by a decline in Wipro and Infibeam. While the Nifty Financial Service index settled 0.5 per cent lower weighed by Edelweiss and Indiabulls Ventures.<br />
		<br />
		<span style="font-size:14px;"><a href="https://www.business-standard.com/stocks/market-statistics/bse/price-shocker?indices=21552" target="_blank"><span style="color:#800000;"><strong>Click here for buzzing stocks of the day</strong></span></a></span><br />
		<br />
		In the broader market, the S&P BSE MidCap index ended 57 points, 0.40 per cent higher at 14,249, while S&P BSE SmallCap index settled at 13,573, up 23 points, or 0.17 per cent.<br />
		&nbsp;</div>
	<div>
		<strong>GLOBAL MARKETS</strong></div>
</div>
<br />
<div>
	Asian shares were trading higher in the early trade on Wednesday after Federal Reserve Chairman Jerome Powell reinforced the US central bank&rsquo;s recent shift towards a more &ldquo;patient&rdquo; approach on policy in the face of a slowing economy. MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan added 0.1 per cent while Japan&rsquo;s Nikkei share average gained 0.4 per cent.&nbsp;</div>
<br />
<div>
	In the overnight trade, US stocks settled lower. In the commodity market, oil prices rose on OPEC-led supply cuts and a report of declining US crude inventories.&nbsp;<br />
	<br />
	<em>(with Reuters input)</em></div>

India-Pak tension sees Sensex slip 466 pts from day's high; ends at 35,905

Business Standard

India-Pak tension sees Sensex slip 466 pts from day's high; ends at 35,905 | News on Markets - Business Standard

<blockquote class="twitter-tweet" data-lang="en">
	<p dir="ltr" lang="en">
		Air India official: Air India avoiding route of Pakistan air space with immediate effect. India use Pakistan airspace for flights to Gulf countries, Europe and USA <a href="https://t.co/SOMQmGrHPe">pic.twitter.com/SOMQmGrHPe</a></p>
	&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/1100682367100960769?ref_src=twsrc%5Etfw">February 27, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

PSU Bank Index rises 0.76%. Canara Bank, J&K Bank and Syndicate Bank among top winners

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/15512580757554.jpg

AstraZeneca Pharma hits 52-week high; stock soars 50% from December low

Shares of AstraZeneca Pharma India hit a 52-week high of Rs 1,979, up 6 per cent, on the BSE in intra-day trade on back of heavy volumes, surpassing its previous high of Rs 1,960 that it touched on August 27, 2018. The MNC pharmaceutical company&#39;s stock has rallied 50 per cent from its recent low of Rs 1,315, touched on December 10, 2018. In comparison, the S&amp;P BSE Sensex gained 2.5 per cent during the same period. <a href="https://www.business-standard.com/article/markets/astrazeneca-pharma-hits-52-week-high-stock-soars-50-from-december-low-119022700431_1.html?1551257648" target="_blank"><strong>READ MORE</strong></a>

Max India slips over 12% as the firm exits insurance business

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/15512574414683.jpg

HG Infra bags order worth Rs 189.49 crore

<div>
	HG Infra bags an EPC order worth 189.49 crore from Megawide Construction DMCC for Flexible &amp; Rigid Pavement (Runway, Taxiway &amp; Apron) at Greenrield International Airport at MOPA, GOA.</div>

$7 bn fund infusion into PSBs not enough to support lending growth: Fitch

<div>
	Fitch Ratings Wednesday said government&#39;s $7 billion (around Rs 48,000 crore) fund infusion into public sector banks (PSBs) would not be sufficient to support significantly stronger lending growth. Fitch estimates that banks will need an additional $23 billion (around Rs 1.6 trillion) in 2019, after these latest injections, to sufficiently meet minimum capital standards. <a href="https://www.business-standard.com/article/pti-stories/fund-infusion-into-psbs-not-sufficient-to-support-lending-growth-fitch-119022700365_1.html" target="_blank"><strong>READ MORE</strong></a></div>

Overseas flows into domestic equities at a 12-month high in February

Overseas flows into domestic equities this month were the highest in 12 months. So far this month, foreign portfolio investors (FPIs) have bought stocks worth $1.86 billion, the highest since March 2018 when they had pumped in over $2 billion. Since then, foreign flows had worsened. <a href="https://www.business-standard.com/article/markets/overseas-flows-into-domestic-equities-at-a-12-month-high-in-february-119022700051_1.html" target="_blank"><strong>READ MORE</strong></a>

Flight operations at Dehradun airport also have been temporarily suspended

<blockquote class="twitter-tweet" data-lang="en">
	<p dir="ltr" lang="en">
		Uttarakhand: Flight operations at Dehradun airport also have been temporarily suspended. <a href="https://t.co/sVi8Y1krbI">https://t.co/sVi8Y1krbI</a></p>
	&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/1100663162704220160?ref_src=twsrc%5Etfw">February 27, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/15512536523593.jpg

<blockquote class="twitter-tweet" data-lang="en">
	<p dir="ltr" lang="en">
		<a href="https://twitter.com/hashtag/GoAlert?src=hash&amp;ref_src=twsrc%5Etfw">#GoAlert</a><br />
		Please note due to airspace restrictions, flights to and from Srinagar, Leh, Chandigarh and Jammu are currently on hold.<br />
		Passengers are requested to check <a href="https://twitter.com/hashtag/GoAir?src=hash&amp;ref_src=twsrc%5Etfw">#GoAir</a> flight status: <a href="https://t.co/rGDDlTgiyz">https://t.co/rGDDlTgiyz</a> or SMS G8 &lt;space&gt; FlightNo to 57333.</p>
	&mdash; GoAir (@goairlinesindia) <a href="https://twitter.com/goairlinesindia/status/1100655559542484992?ref_src=twsrc%5Etfw">February 27, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

AP Acharya, Amritsar Airport Director says

<blockquote class="twitter-tweet" data-lang="en">
	<p dir="ltr" lang="en">
		AP Acharya, Amritsar Airport Director: Due to operational reasons the airspace at Amritsar has been closed for now. No commercial flights are coming to Amritsar, there is no base here, so flights are not even taking off from here. <a href="https://t.co/6rAbiDX7VL">pic.twitter.com/6rAbiDX7VL</a></p>
	&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/1100659916128301056?ref_src=twsrc%5Etfw">February 27, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet" data-lang="en">
	<p dir="ltr" lang="en">
		<a href="https://twitter.com/hashtag/TravelUpdate?src=hash&amp;ref_src=twsrc%5Etfw">#TravelUpdate</a>. Due to airspace restrictions, flights to and from Amritsar, Srinagar, Chandigarh and Jammu are currently on hold. Customers are requested to check flight status before commencing their journey to the airport. (1/2)</p>
	&mdash; Vistara (@airvistara) <a href="https://twitter.com/airvistara/status/1100643062227894272?ref_src=twsrc%5Etfw">February 27, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet" data-lang="en">
	<p dir="ltr" lang="en">
		<a href="https://twitter.com/hashtag/6ETravelAdvisory?src=hash&amp;ref_src=twsrc%5Etfw">#6ETravelAdvisory</a> : Due to airspace closure, flights to and from Srinagar, Jammu, Chandigarh, Amritsar and Dehradun have been temporarily suspended. To opt for cancellations or alternate options click on Plan B <a href="https://t.co/ofwzjniT1l">https://t.co/ofwzjniT1l</a></p>
	&mdash; IndiGo (@IndiGo6E) <a href="https://twitter.com/IndiGo6E/status/1100658278911029248?ref_src=twsrc%5Etfw">February 27, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet" data-lang="en">
	<p dir="ltr" lang="en">
		<a href="https://twitter.com/hashtag/Update?src=hash&amp;ref_src=twsrc%5Etfw">#Update</a>: Due to airspace restriction, flights to/from Srinagar (SXR), Jammu (IXJ), Adampur (AIP) and Amritsar (ATQ) are affected. Passengers are requested to keep a check on their flight status via <a href="https://t.co/NvhsCyQeoc">https://t.co/NvhsCyQeoc</a>.</p>
	&mdash; SpiceJet (@flyspicejet) <a href="https://twitter.com/flyspicejet/status/1100651810316898304?ref_src=twsrc%5Etfw">February 27, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/15512526283179.jpg

India-Pak tension sees Sensex slip 466 pts from day's high; ends at 35,905

All that happened in the markets today

Air India official says

PSU Bank Index rises 0.76%. Canara Bank, J&K Bank and Syndicate Bank among top winners

AstraZeneca Pharma hits 52-week high; stock soars 50% from December low

Max India slips over 12% as the firm exits insurance business

HG Infra bags order worth Rs 189.49 crore

$7 bn fund infusion into PSBs not enough to support lending growth: Fitch

Overseas flows into domestic equities at a 12-month high in February

Flight operations at Dehradun airport also have been temporarily suspended

Sectoral trend on NSE

GoAir says

AP Acharya, Amritsar Airport Director says

Vistara says

Indigo says

Spicejet says

Top gainers and losers on S&P BSE Sensex