Latest Stock Market News

​So headline inflation year on year has now dropped below core year on year which is the first time it has done that for quite a while. And therefore I think what the market is doing is having a second look at these core numbers. And what these core numbers mean for sure is that the Fed is going to raise interest rates one more time anyway at the beginning of May.

From the Sensex pack, IndusInd Bank, Infosys, HCL Tech, Tech Mahindra, TCS and Wipro were the top laggards, falling 1-3%. However, M&M, Power Grid, Reliance, Tata Steel, and UltraTech Cement opened with gains.

Strong comeback of bullish, fastest retracement of recent down fall, huge rising volumes.

​Now what is very important here is all of a sudden we are seeing a patch where the real policy rate seems to be something like 100 bps higher compared to where it was still a few days back. So overall pretty good news

The Nifty Auto index was trading 0.15 per cent up at 12881.25.

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 473629.14 Crore).

JPMorgan maintained an underweight rating on TCS with a target price of Rs 2700. TCS Q4 missed expectations across the board led by US weakness.

A total of 14,125 shares changed hands on the counter till 10:05AM (IST)

The minutes followed a cooler-than-expected inflation report which belied stickier underlying data and cemented the likelihood of another policy rate hike when the Fed convenes next month.

Gold prices jumped more than 1% on Wednesday after data showed the U.S. Consumer Price Index rose 0.1% last month versus expectations of a 0.2% rise, after advancing 0.4% in February.