Arihant Capital Market Ltd, Borosil Renewables Ltd and NACL Industries Ltd are today’s market movers.

Key threat to the healthcare sector is essentially more regulations & delays in the execution of government initiatives like Ayushman Bharat and National Digital Health Mission, expresses, Aditya Khemka, Fund Manager, InCred Healthcare Fund, InCred Asset Management.

At market close today, the core equity indices i.e. Sensex and Nifty 50 were down by 1.25 per cent each. Weaker global cues, the aggressive rate hike confirmation from FED Chairman, and rising bond yield in the US coupled with a volatile rally in technology sector stocks have led to the bloodbath on the bourses yet again.  

Our advice to investors is to look through the volatility and stay invested in low to moderate duration funds, states Parijat Agrawal, Head - Fixed Income, Union Asset Management Company in this exclusive interview.

Fading the two days’ gaining momentum, the benchmark indices ended in red on Friday. The hawkish statement from the US Fed lowered the sentiment globally including in domestic markets. 

 Indices witnessed selling pressure towards the end as Nifty fell about 150 points from its intraday high.

 At 3  pm on Friday, the core equity indices i.e., Sensex and Nifty 50 fell sharply, owing to weaker global cues. FED Chairman Jerome Powell announced a rate hike in May, that too by 50 basis points in order to curb the inflation levels that have hit a 40-year high.

KBC Global Ltd is a first-generation construction company. It has established a brand name as “Hari” for all its projects. 

Sterlite Technologies Ltd, Schneider Electric Infrastructure Ltd, Borosil Ltd, and Elgi Equipments Ltd are today’s mid-day movers.

The share of OnMobile Global is in an uptrend. To put into perspective, the stock's price is at Rs 181.50 and has rallied nearly 10 per cent in today’s morning session. Furthermore, in one month, the stock has given an astounding return of more than 50 per cent while in a period of one year, it skyrocketed by 73.15 per cent.