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Sectorally, buying was seen in capital goods, realty, public sector, healthcare and oil & gas stocks while selling was seen in consumer durables and telecom stocks.

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Promoters held 0.22 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 39.18 per cent and 21.42 per cent, respectively.

Stocks that were in focus include Vinati Organics which rose over 3 per cent to hit a fresh 52-week high, Zomato plunged more than 12 per cent to another life low and Tanla Platforms was locked in the lower circuit of 20 per cent.

Bajaj Finance, Maruti Suzuki India, Tata Motors, United Breweries, Colgate-Palmolive, Biocon, CG Power, APL Apollo Tubes, Blue Dart Express and VIP Industries are among companies that will announce their quarterly earnings today.

Most Asian markets down as Fed prepares latest hike

Updated at : 2022-07-27 10:20:01

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There had been hope that a recent rally across markets indicated the long-running sell-off may have come to an end, and that signs of an economic slowdown could allow the Fed to ease off its tightening by next year and start cutting rates in 2023.

"With US inflation running at 9.1%, ~4.5x the target of 2%, Fed is likely to run a restrictive monetary policy even if Inflation peaks by August. USD is likely to remain well bid in such an environment, which is a negative for non-dollar assets in the near term. Also, India has outperformed China by almost 30% over the last 12 months. Thus, redemption pressures in the EM funds can lead to continued FII selling, especially from passive funds linked to indices."

“If we look at where India is in its evolution path, I would say that the three themes which will make money for investors over the next 10 years would be brands, market share gainers and basically innovation or innovators. These three themes in my opinion are very relevant to where India is in its global evolution.”

“We at Lodha are focussed on ensuring that consumers do not have to worry about the short term variances in interest rates and therefore we have come out with the programme wherein, for anybody buying from Lodha, the interest rate is fixed at 6.99% up to June 2024. So any variation in interest rates over the next two years becomes irrelevant to a buyer from Lodha.”

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Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 6066.85 Crore) operating in Metals - Ferrous sector.

The global cryptocurrency market cap was trading marginally higher at the $972.90 billion mark, gaining about a per cent in the last 24 hours. However, the total trading volume dropped more than 16 per cent, close to $63.09 billion.

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