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The Nasdaq Composite dropped 129.58 points, or 0.87%, to 14,814.77 at the opening bell.

INDIA-MARKETS/INDIA BONDS-India bond yields end higher on hawkish commentary, data

FINTECH-CRYPTO-Inflows to spot bitcoin ETFs drop on second day of trading

FIIs net sold Indian equities worth Rs 10,578 crore on Wednesday, according to the provisional data. A majority of this could have been in HDFC Bank, given the high concentration of FIIs in the stock. FPIs hold over 50% stake in the private sector lender.

Minda Corp sold 1,91,22,458 shares of Pricol at an average price of Rs 345 apiece for approximately Rs 660 crore, according to bulk deals data on the exchanges.

​Gold loan non-banking finance company Indel Money on Wednesday announced the 4th public issue of secured NCDs of face value of Rs 1,000 each. The Issue opens on January 30, 2024, and closes on Monday, February 12, 2024 (with an option of early closure in case of early oversubscription).

The rights line will be removed from All-World index, MPF All-World index, Global Large cap index, and Emerging index, FTSE said in a release on Wednesday. It will also be removed from three of the factor indices of the global index aggregator.

Asian Paints Ltd consolidated net profit jumped 35% on year to ₹1,447.7 crore in the December quarter helped by a double-growth in volumes and as operating profit got a boost from lower raw material costs.

The S&P BSE Sensex plunged over 1600 points while the Nifty50 closed at 21,571, down 460 points on Wednesday. Sectorally, selling was seen in banks, metals, telecom, and realty stocks while the IT space saw some buying.

Dr Vikram Shah, CMD of Shalby Hospitals, discusses the strong financial performance of the company, highlighting that their margins have consistently increased over the past 10 years. He emphasizes the importance of cost optimization and mentions that Shalby Hospitals operates with some of the highest EBITDA margins in the industry. Dr Shah also talks about the prevalence of knee problems in Indian women due to food habits and the lack of essential nutrients. He suggests that a high protein diet can help prevent knee problems.