Cement, Fertiliser And Electricity Lead The Pack

Automaker MG Motor India has announced that it has partnered with Bharat Petroleum Corporation Limited to bolster electric vehicle (EV) charging infrastructure across the country

Frontline equity indices Nifty 50 and Sensex ended the fortnight on a flat note with marginal losses of 0.19 per cent each on the back of weak global cues and mixed fourth quarter results. BSE Mid-Cap and Small-Cap indices primarily bore the brunt of heavy FII selling by falling 1.33 per cent and 2.09 per cent, respectively. Multinational investment bank UBS has cut India’s 2022-23 economic growth forecast by 70 basis points to 7 per cent, citing slowing global growth due to high commodity prices and weak local demand because of energy price hikes, inflationary pressures and a struggling labour market.