News for Standard Industries Limited (SIL.NS)

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While indices traded volatile 50 stocks on the BSE were seen hitting fresh 52-week highs while 79 stocks were down at fresh lows.

BSE Sensex and NSE Nifty 50 were trading flat with a positive bias on Wednesday, a day before weekly F&O expiry.

After opening on a weak note, Indian equity markets recouped lost ground on Tuesday, led by recovery in IT and metals. In late-morning trades, the BSE Sensex rose 150 points to reclaim the 53,000-mark and the NSE Nifty 50 was up 60 points to 15,830.

BSE Sensex and Nifty 50 tanked nearly 3 per cent on Monday, on the back of inflation concerns, fears of aggressive interest rate hikes by the US Fed, volatile crude oil prices, Indian Rupee freefall, and FII outflows

Benchmark indices were sharply lower on Friday, tracking a plunge in global markets on inflation fears and ahead of the US May CPI data. In late morning deals, the BSE Sensex fell over 850 points to 54,461, while the NSE Nifty 50 shed 200 points to hover around 16,250.

On the S&P BSE Sensex, no stock hit a fresh 52-week high or 52-week low. While on BSE Sensex, a total of 47 stocks rose to their respective 52-week highs.

Indian equity markets came off day's highs after turning positive as the Reserve Bank of India (RBI) retained the FY23 GDP growth forecast at 7.2 per cent. Sectorally, Banks, Financials, Metals, PSBs and Realty indices held strong gains on the Nifty. While, Auto, Pharma, FMCG and Consumer Durables were subdued.

Indian benchmark indices extended losses on Tuesday, tracking subdued sentiment overseas. The BSE Sensex fell 700 points, while the NSE Nifty 50 slipped below 16,400. Sectorally, consumer durables, financials, auto, realty, and banks led losses on the Nifty, down up to 2 per cent.

Benchmark indices held minor cuts in Monday's session, tracking weakness in global markets as investors feared steeper rate hikes by the US Fed. Besides, the RBI, too, is scheduled to announce its rate hike decision on Wednesday.

Specialty company Aether Industries listed at Rs 706, a 10 per cent premium over its issue price of Rs 642, on the BSE. A total of 53 stocks hit 52-week high on BSE, while 28 scrips touched new lows intraday.

Benchmark indices were trading with marginal gains amid subdued global sentiment. A total of 60 stocks touched 52-week high on BSE, while over 30 scrips were at fresh lows.

Indian benchmark indices were trading flat on Wednesday as IT, and auto stocks saw selling pressures. Both BSE Sensex and the NSE Nifty50 were fluctuating between gains and losses in volatile trading. The broader markets, meanwhile, outperformed the two indices.

Indian benchmark indices were trading with gains on Friday, tracking upbeat cues from overseas. The BSE Sensex was up around 300 points at 54,530, and the NSE Nifty was 100 points higher at 16,250. The broader markets were outperforming the benchmarks.

Indian benchmark indices reversed early morning gains on Thursday on the back of weakness in index heavyweight Reliance Industries (RIL), Bajaj twins, Asian Paints and Hindustan Unilever (HUL). The S&P BSE Sensex was down 200 points or 0.38% to near 53,535 while the Nifty 50 index gave up 16,000.

Indian benchmark indices held marginal losses in noon deals as Asian Paints and IT stocks witnessed selling pressure. Private banking stocks, however, traded with firm gains. The BSE Sensex was down 200 points at 53,846, while the NSE Nifty 50 slipped below the 16,100 level.

India VIX, the volatility gauge of domestic markets, was soaring higher above 30 levels as the index rose more than 6%

Trends on SGX Nifty indicate a positive opening for the index in India with a 74-points gain.

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