Latest Stock Market News

Broader markets posted higher gains, with Nifty Midcap 100 ending 0.62% higherFor more such web stories click on the ET icon below

The Nifty Pharma index closed 0.1 per cent down at 12237.1.

While the risk of a sharp recession may have lessened, the easing in price pressures may persuade the Bank of England to take a slightly less hawkish approach at upcoming MPC meetings," Matthew Ryan, head of market strategy at payments and FX company Ebury, said

The yellow metal had ended at Rs 56,820 per 10 gram in the previous trade.Silver also fell by Rs 195 to Rs 65,925 per kilogram."Spot gold prices in the Delhi markets traded at Rs 56,345 per 10 gram, down Rs 475 per 10 gram," said Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities.

KCD Industries India engages in the commercial services business and mainly operates in the real estate and infrastructure sectors. The company offers opportunities to customers as per their property requirements. Its land development program includes planners, engineers, architects, legal & financial advisors who plan and come up with cost-effective solutions before customers associate with any of its properties.

The rupee finished at 82.8025 per dollar, compared with its previous close of 82.7550. It fell up to 82.8975, its weakest level since Jan. 4.Volumes on the interbank order matching system were around $4.15 billion on Wednesday, their lowest this year, amid a range-bound movement in the currency

Thermax, incorporated in the year 1980, is a Mid Cap company (having a market cap of Rs 25166.41 Crore) operating in Engineering sector.

"From here onwards, the Mahindra & Mahindra stock may not continue to be an outperformer as it has been in the last one year or so. From here onwards, people will look for the margin trajectory and how that moves ahead. But Eicher Motor definitely is one of our top picks and we like that because we believe that they are doing all the right things, their numbers are coming, both the divisions -- Royal Enfield as well as the commercial vehicle division is doing very well."

The addition of NYMEX WTI Crude Oil and Natural Gas (Henry Hub) contracts will expand the NSE product offering and its overall commodity segment. NSE has applied to the Securities and Exchange Board of India (SEBI) seeking approval to launch the additional futures contracts

Below are the top stocks bought by SBI AMC in January 2023. >> For more such web stories click on the ET icon below