Share Market Close: Sensex and Nifty marginally lower on Friday amid choppy trade. Pharma and bank stocks were under pressure through the day. TCS and Infosys were the top gainers, while Axis Bank and Asian Paints were the laggards.
Indian share indices ended flat on Friday after recovering from their day's low in a choppy session. Asian stocks closed weak on Friday, while European shares dropped after a raft of Federal Reserve officials signaled they will combat inflation aggressively. Shares of HCL Tech and HDFC Bank were in focus ahead of their earnings
14 Jan 2022, 08:16:10 AM IST
Stocks to Watch: Reliance, Mindtree, Tata Motors, HCL Tech
Besides Reliance, Mindtree, Tata Motors, HCL Tech, the stocks in news today are Titan, Wespun Enterprises and GTPL.
14 Jan 2022, 08:08:22 AM IST
Merchandise exports rise 39% in December
India’s merchandise exports surged 39% to $37.8 billion in December from $27.22 billion in the year-earlier, government data said. Imports also rose by 39% to $59.48 billion.
India’s overall exports (merchandise and services combined) in December are estimated to be $57.87 billion, a 25% growth from a year earlier and 23% over the pre-pandemic month of December 2019, the government said in a statement on Thursday.
14 Jan 2022, 07:32:38 AM IST
Asian stocks drop
Asian stocks dropped Friday after a raft of Federal Reserve officials signaled they will combat inflation aggressively and the Nasdaq 100 fell to its lowest level since October. The benchmark Nikkei 225 index dropped 1.48%; Topix slid 1.4% and Kospi declined 0.7%
14 Jan 2022, 07:16:37 AM IST
US stocks slip overnight
Nervous global stock markets fell on Thursday after the highest US inflation reading in nearly 40 years kept concerns about price pressures and monetary policy risks alive.
The S&P 500 lost 0.64%, the Nasdaq Composite dropped 1.45%, and the Dow Jones Industrial Average was little changed.