DSIJ Mindshare

Indices closed on a weak note ahead of crucial US inflation numbers. Nifty slipped 0.64 per cent while Sensex tanked 390 points.

Larsen & Toubro was one of the top-performing stocks in today’s market and these gains have been witnessed on a day when there was bloodshed on D-Street.  

Recording gains in PSU and select private banks, financial services, and select heavyweight stocks, the benchmark indices closed higher rising towards the end of Tuesday's trading session. Sensex was up 246.47 points or 0.45 per cent at 54,767.62 level whereas Nifty gained 62 points or 0.38 per cent at 16,340.50 level. 

At 12.30 pm on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally higher as shares in the Asia Pacific markets were slightly up. This took place on the back of China releasing its trade data and Bank of Korea as well as Reserve Bank of New Zealand hiking their interest rates by 50 basis points each. 

On Monday, the Indian equity markets kept an eye on the quarterly results. The weak start of IT earnings lowered the sentiments which made benchmark indices start the session on  a negative note.