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What is the story about?
Markets end lower
Indian equity benchmarks ended lower on Wednesday after a sharp recovery from the day’s lows, with sentiment remaining cautious amid selling by foreign investors. The Sensex fell 188 points to 77,967, while the Nifty50 declined 36 points to 24,436. FIIs were net sellers of ₹1,002.50 crore in equities, while DIIs bought ₹5,841.66 crore. The rupee strengthened 3 paise to close at ₹95.33 against the US dollar. Mixed corporate earnings also shaped market sentiment.
Why did stock market fall today? Sensex, Nifty end lower after sharp recovery from lows
The equity benchmark indices BSE Sensex and NSE Nifty closed in the red on Wednesday (August 12) after recovering sharply from the day's lows. The BSE Sensex fell 188 points to 77,967, while the Nifty50 declined 36 points to 24,436.
Read more
Also read: Rupee rises 3 paise to close at 95.33 against US dollar
FIIs turn net sellers with ₹1,003 crore outflow, DIIs buy ₹5,842 crore; Nifty ends below 24,450
Foreign institutional investors (FIIs) turned net sellers in Indian equities on Wednesday, selling shares worth ₹1,002.50 crore, according to provisional data.
Read more India inflation outlook: Food prices, core inflation may keep RBI cautious
Economists remain broadly comfortable with India’s inflation outlook despite the July uptick, but see food prices, higher input costs and a gradual rise in core inflation as key factors to watch.
Read more
Earnings Central: Tata Motors, HAL, Grasim and Lenskart lead a mixed Wednesday
Wednesday's earnings had a bit of everything. Autos, defence, eyewear and pharma delivered strong quarters, while a separate set of names further down the list found the market much less forgiving.
Read moreTomorrow’s market triggers
Markets are likely to remain stock-specific on Thursday, with investors tracking earnings from Tata Motors, IRCON, Astral and Lenskart after their June quarter results. Asian Energy Services, Awfis Space Solutions and Balaji Telefilms are also due to announce their results. On the broader market front, the Nifty’s ability to hold 24,400 will remain important, while crude prices and rupee weakness could cap the upside. Investors may also keep an eye on developments around Tata Group succession.
Stocks to Watch for August 13: Tata Motors, IRCON, Astral, Lenskart and more
Stocks of Astral, Lenskart, Tata Motors, IRCON and other companies will be in focus on Wednesday as these companies reported their June quarter earnings after market hours on Tuesday. Investors will also watch Asian Energy Services, Awfis Space Solutions, Balaji Telefilms and others, which are scheduled to announce their results tomorrow
Read more
Outlook for August 13: Index holds 24,400, but crude and rupee weakness cap upside
The Nifty witnessed a volatile, range-bound session on Dalal Street, closing at 24,583, up 13 points. The index opened 11 points higher but came under selling pressure in the first 30 minutes of trade.
Read more
Messy succession at Tata group for the third straight time
For all its widely acclaimed and often well-deserved record of corporate governance, succession at the topmost echelon of the Tata group has been a messy affair for the third consecutive time.
Read more
Warnings, regulation, Parliament
Air India flight AI2379’s purported post-flight report showed multiple system warnings before the aircraft lost around 300 feet of altitude during its Phuket-Delhi flight on August 4. Meanwhile, SEBI Chairman Tuhin Kanta Pandey said the regulator is reviewing position limits and margin requirements in commodity derivatives and plans wider FPI access. In Parliament, Amit Shah said the government was ready for discussions, while the inquiry report into allegations against Justice Yashwant Varma was tabled in both Houses.
Read more
SEBI to review commodity position limits, margins; plans wider FPI access
Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Wednesday (August 12) said the regulator is reviewing position limits and margin requirements in commodity derivatives as it looks to deepen participation and improve the efficiency of the market.
Read moreParliament Update | Amit Shah: Ready For Discussion On Every Issue, But They’re Not Allowing
Union Home Minister Amit Shah said the government is ready for a discussion on every issue, but alleged that the Opposition is not allowing Parliament to function. Shah said the government has nothing to hide and is prepared to respond to issues raised in the House. His remarks come amid continued disruptions and a political confrontation between the government and Opposition during the Parliament session.
Indian equity benchmarks ended lower on Wednesday after a sharp recovery from the day’s lows, with sentiment remaining cautious amid selling by foreign investors. The Sensex fell 188 points to 77,967, while the Nifty50 declined 36 points to 24,436. FIIs were net sellers of ₹1,002.50 crore in equities, while DIIs bought ₹5,841.66 crore. The rupee strengthened 3 paise to close at ₹95.33 against the US dollar. Mixed corporate earnings also shaped market sentiment.
Why did stock market fall today? Sensex, Nifty end lower after sharp recovery from lows
The equity benchmark indices BSE Sensex and NSE Nifty closed in the red on Wednesday (August 12) after recovering sharply from the day's lows. The BSE Sensex fell 188 points to 77,967, while the Nifty50 declined 36 points to 24,436.
Read more
Also read: Rupee rises 3 paise to close at 95.33 against US dollar
FIIs turn net sellers with ₹1,003 crore outflow, DIIs buy ₹5,842 crore; Nifty ends below 24,450
Foreign institutional investors (FIIs) turned net sellers in Indian equities on Wednesday, selling shares worth ₹1,002.50 crore, according to provisional data.
Read more India inflation outlook: Food prices, core inflation may keep RBI cautious
Economists remain broadly comfortable with India’s inflation outlook despite the July uptick, but see food prices, higher input costs and a gradual rise in core inflation as key factors to watch.
Read more
Earnings Central: Tata Motors, HAL, Grasim and Lenskart lead a mixed Wednesday
Wednesday's earnings had a bit of everything. Autos, defence, eyewear and pharma delivered strong quarters, while a separate set of names further down the list found the market much less forgiving.
Read moreTomorrow’s market triggers
Markets are likely to remain stock-specific on Thursday, with investors tracking earnings from Tata Motors, IRCON, Astral and Lenskart after their June quarter results. Asian Energy Services, Awfis Space Solutions and Balaji Telefilms are also due to announce their results. On the broader market front, the Nifty’s ability to hold 24,400 will remain important, while crude prices and rupee weakness could cap the upside. Investors may also keep an eye on developments around Tata Group succession.
Stocks to Watch for August 13: Tata Motors, IRCON, Astral, Lenskart and more
Stocks of Astral, Lenskart, Tata Motors, IRCON and other companies will be in focus on Wednesday as these companies reported their June quarter earnings after market hours on Tuesday. Investors will also watch Asian Energy Services, Awfis Space Solutions, Balaji Telefilms and others, which are scheduled to announce their results tomorrow
Read more
Outlook for August 13: Index holds 24,400, but crude and rupee weakness cap upside
The Nifty witnessed a volatile, range-bound session on Dalal Street, closing at 24,583, up 13 points. The index opened 11 points higher but came under selling pressure in the first 30 minutes of trade.
Read more
Messy succession at Tata group for the third straight time
For all its widely acclaimed and often well-deserved record of corporate governance, succession at the topmost echelon of the Tata group has been a messy affair for the third consecutive time.
Read more
Warnings, regulation, Parliament
Air India flight AI2379’s purported post-flight report showed multiple system warnings before the aircraft lost around 300 feet of altitude during its Phuket-Delhi flight on August 4. Meanwhile, SEBI Chairman Tuhin Kanta Pandey said the regulator is reviewing position limits and margin requirements in commodity derivatives and plans wider FPI access. In Parliament, Amit Shah said the government was ready for discussions, while the inquiry report into allegations against Justice Yashwant Varma was tabled in both Houses.
AI2379 post-flight report shows multiple system warnings before the 300-feet altitude loss
A purported post-flight report accessed by CNBC-TV18 provides a timeline of the system warnings recorded on Air India's Phuket-Delhi flight AI2379, which suffered a sudden loss of altitude during its Phuket-Delhi flight on August 4.
Read more
SEBI to review commodity position limits, margins; plans wider FPI access
Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Wednesday (August 12) said the regulator is reviewing position limits and margin requirements in commodity derivatives as it looks to deepen participation and improve the efficiency of the market.
Read moreParliament Update | Amit Shah: Ready For Discussion On Every Issue, But They’re Not Allowing
Union Home Minister Amit Shah said the government is ready for a discussion on every issue, but alleged that the Opposition is not allowing Parliament to function. Shah said the government has nothing to hide and is prepared to respond to issues raised in the House. His remarks come amid continued disruptions and a political confrontation between the government and Opposition during the Parliament session.
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