Latest News – Benchmark indices opened on higher note with Nifty reclaiming its 8,800 mark but later pared gaind to trade in red as Asian markets stayed cautious following growing political risks in Europe and mixed overnight trade on Wall Street.
Street also watched out for some major companies to declare their Q3 earnings during the day. A total of 268 firms are supposed to report their third quarter results during the day including SAIL, BPCL, Power Grid, Lupin, Cairn India and Aurobindo Pharma.
Also, RBI, yesterday held repo rates at 6.25% for the second time in a row, changing its stance to “neutral” from “accommodative”.
At 11:33 am, the S&P BSE Sensex was trading at 28,169, down 120 points, while the broader Nifty50 was ruling at (Read More)