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Stocks to Watch: Reliance, HAL, Hero MotoCorp, Nazara Tech, L&T, Power Grid

Stocks to Watch: Hero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month

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Photo: Bloomberg

SI Reporter New Delhi
Equity benchmark indices are likely to open with minor cuts on Thursday tracking losses across global markets after the US Fed’s 25 bps hike overnight. As indicated by the SGX Nifty, which was quoting at 17,110 levels, the Nifty index may open around 50 points lower. 

US markets erased gains sometime after Fed’s hike announcement as Treasury Secretary Janet Yellen said that regulators are not looking to provide any "blanket" deposit insurance or guarantee to stabilise the US banking system. 

Dow Jones, the S&P 500, and NASDAQ Composite declined 1.6 per cent each.

Asia-Pacific markets also moved in tandem this

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First Published: Mar 23 2023 | 8:06 AM IST

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