Latest Stock Market News

The Nifty Realty index was trading 0.09 per cent down at 426.0.

A total of 28,698 shares changed hands on the counter till time (IST).

The stock quoted a 52-week high of Rs 7155.4 and a 52-week low of Rs 3733.25.

After opting for the T+1 settlement cycle for a scrip, the exchange must mandatorily continue with the same for a minimum of 6 months, SEBI had said. Thereafter, in case exchanges intend to switch back to the T+2 settlement cycle, they can do so by giving 1-month advance notice to the market, the regulator had said.

Markets have been facing selling pressure on the rise, showing uncertainty among the participants despite favorable cues. We feel it’s prudent to limit positions in the prevailing scenario and wait for a decisive breakout from the 17,800-18,100 zone in Nifty.

>> For more such web stories click on the ET icon below

“We expect emerging markets to outperform Japan this year, particularly favouring our key North Asia overweights of China, Korea and Taiwan. We are now more bullish on China growth recovery, given faster reopening, stronger housing support and tech regulatory easing," it said.

"Gold held near nine-month highs, aided by expectations of slower interest rate hikes from the US Federal Reserve. Dollar index and US yields were also down by 2 per cent and 1.5 per cent, respectively, last week supporting the move in bullions," Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services, said.

Axis Bank, which is the third largest private sector lender, offers the entire spectrum of bond issuance services to its customer segments covering large and mid-corporates, SME, agriculture and retail businesses.

For more such web stories click on the ET icon below