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"A poorer than-expected show by the Republicans in the midterms too is hurting sentiment. Republicans are likely to take over control of the House with a narrower margin than earlier expected and the Senate race is still wide open," IFA Global Research Academy said in a research note.

The Nifty Auto index was trading 1.76 per cent down at 13107.25.

“There has been a bit of a reshuffling from Big Tech to small tech, right sizing of support functions. so there is a lot more to the story than just laying off 15,000 engineers who have nothing to do now. It is a more complicated story but no question that for those who are wondering if we are going to have a recession ahead, this could be a bellwether to what lies ahead. ”

Cera Sanitaryware Ltd., incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 6835.89 Crore) operating in Building Materials sector.

Goldman Sachs maintained a buy rating on Phoenix Mills with a target price of Rs 1,550. The company is showing healthy consumption trends.

Among Sensex stocks, Axis Bank, Tech Mahindra, M&M, UltraTech Cement, Maruti and Tata Steel were the top losers, falling around 1-2.5%. HDFC, Reliance, HDFC Bank, Asian Paints and ICICI Bank also opened lower. However, Bharti AIrtel, Dr Reddy’s Labs, HUL, Power Grid Corp, HCL Tech and Nestle opened with gains.

ETMarkets filtered out five best-performing smallcap funds of the last one year. On further examination, it shows that these same five funds have also performed well over the longer period, i.e in the last 3 years, they have given over 25% return to their investors.

Westlife Development Ltd. key Products/Revenue Segments include Income From Sale Of Share & Securities for the year ending 31-Mar-2022.

Brokerages have, however, remained bullish on the stock. Out of the 17 analysts with coverage on Nykaa, 10 have strong buy ratings, two have buy, three have hold and two have sell calls, shows Trendlyne data.

Kaynes Technology allotted 43.76 lakh equity shares to anchor investors at Rs 587 apiece, aggregating to Rs 257 crore, according to a circular uploaded on the BSE website.