Latest Stock Market News

OI data indicates that on the call side, the highest OI was witnessed at 17,500 strike price while on the put side, the highest OI was at 17,000.

Nifty fell 0.74% or 129 points to end below 17,350 levels, while Sensex lost 500 odd points or 0.84% to end at 58,909. Sector-wise, all indices ended in the red except Nifty Realty, which climbed 2%.

Binance has earlier faced challenges in Singapore. Its affiliate Binance Asia Services withdrew a local license application in December 2021 without giving a reason beyond "strategic, commercial and developmental" considerations

NSE Nifty dropped 129 points or 0.74% to end at 17,321. Market capitalisation of all listed companies on the BSE declined by Rs 95,774 crore to Rs 259.94 lakh crore.

At the interbank foreign exchange market, the rupee opened at 82.57 against the greenback and closed at 82.60 (provisional), registering a fall of 11 paise over its previous close of 82.49

Analysts said the rise in PV volumes came on the back of a modest recovery in hatchback sales and strong sports utility vehicle (SUV) sales that was aided by an improved chip supply

In February 2023, the market witnessed a mixed trend with notable volatility. Axis Securities believes that mid caps are in a sweet spot of growth, which is moving inline with the large caps in the last one year

"With the housing cycle turning and launches improving, we believe Mumbai realty sales would remain healthy going ahead; this would benefit Macrotech Developers (Lodha), Oberoi Realty, Godrej Properties and Sunteck Realty," said Nuvama.

However, some have refrained from tweaking their earnings estimates for FY24 and FY25 as they want to see the initial synergy in business and outlook on integration cost trajectory from the management at the end of the current quarter

The Nifty Auto index closed 0.86 per cent down at 12738.8.