• Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
Friday, June 2, 2023
No Result
View All Result
SUBSCRIBE
The Outlooker
27 °c
Delhi
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
No Result
View All Result
The Outlooker
No Result
View All Result
  • National
  • Politics
  • Opinion
  • Business
  • Science
  • World
  • Health
Home Business

Stock markets settle with marginal gains amid weak global cues

by The Outlooker Web Desk
May 23, 2023
in Business
0
Stock markets settle with marginal gains amid weak global cues
1.8k
SHARES
12.9k
VIEWS
Share on FacebookShare on Twitter

Benchmark indices Sensex and Nifty eked out gains in volatile trade to extend the winning streak to a third straight day on Tuesday amid weak trends in global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes. Fag-end volatility dragged the 30-share BSE Sensex lower from its intra-day high level and it finally settled at 61,981.79, a marginal gain of 18.11 points or 0.03 per cent. During the day, it jumped 281.51 points or 0.45 per cent to 62,245.19.

The NSE Nifty went up by 33.60 points or 0.18 per cent to end at 18,348, driven by gains in Adani group stocks.Among the Sensex firms, Bajaj Finserv, Tata Motors, Asian Paints, ITC, IndusInd Bank, State Bank of India, Tata Steel, Wipro, Infosys and Maruti were the major gainers.Tech Mahindra, HCL Technologies, Kotak Mahindra Bank, Titan and Larsen & Toubro were the major laggards.In Asian markets, Tokyo, Shanghai and Hong Kong settled lower, while Seoul ended in the green.Markets in Europe were trading mostly lower.

The US market ended mostly with gains on Monday. US President Joe Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement as negotiators strained to raise the nation’s borrowing limit in time to avert a potentially chaotic federal default.Market participants are waiting for the release of the Federal Open Market Committee (FOMC) meeting minutes, scheduled for May 24.Foreign Institutional Investors (FIIs) turned buyers on Monday as they bought equities worth Rs 922.89 crore after a day’s breather, according to exchange data.

Stocks in focus today

Stocks To Watch: Adani Power, Coal India, PB Fintech, HEG, Shree Cement, JSW Steel, Amara Raja Batteries, ITI

Share Bazaar Today, Share Bazaar Live

Share Bazaar Highlights: Nifty settles above 18340, Sensex ends flat; Bank Nifty above 43950, Adani Ent, Divis Lab gain

Adani, Adani Group, Adani shares, GQG investment, Investment, Market

Value of GQG investment in 4 Adani firms zooms 49% since March 3

Nifty and Bank Nifty may trade in green today

Share Bazaar outlook today: Nifty, Bank Nifty may trade in green amid positive cues; check support, resistance

Meanwhile, global oil benchmark Brent crude dipped 0.03 per cent to USD 75.97 a barrel. The BSE benchmark climbed 234 points or 0.38 per cent to settle at 61,963.68 on Monday. The Nifty rallied 111 points or 0.61 per cent to end at 18,314.40.

The Outlooker Web Desk

The Outlooker Web Desk

Next Post
Government rules out increase in edible oil import duty

Government rules out increase in edible oil import duty

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Unveiling Benjamin Graham’s Value Investing Secrets: Influencing Warren Buffett and Famous Investors
Business

Unveiling Benjamin Graham’s Value Investing Secrets: Influencing Warren Buffett and Famous Investors

June 2, 2023
Rupee rises 33 paise against US dollar
Business

Rupee rises 33 paise against US dollar

June 2, 2023
IKIO Lighting sets IPO price band at Rs 270-285/share
Business

IKIO Lighting sets IPO price band at Rs 270-285/share

June 2, 2023
Institutions lap up Coal India shares with bids worth Rs 6,500 cr; govt exercises green shoe option
Business

Institutions lap up Coal India shares with bids worth Rs 6,500 cr; govt exercises green shoe option

June 1, 2023

Connect with us

No Result
View All Result

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020

Category

  • Artistic
  • Business
  • Crypto
  • Design
  • Entertainment
  • Fashion
  • featured
  • Food
  • Gaming
  • Health
  • Human
  • Lifestyle
  • Local
  • Movie
  • Music
  • National
  • Offbeat
  • Opinion
  • Politics
  • Science
  • Spaces
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World

Recent Posts

  • Unveiling Benjamin Graham’s Value Investing Secrets: Influencing Warren Buffett and Famous Investors
  • Rupee rises 33 paise against US dollar
  • IKIO Lighting sets IPO price band at Rs 270-285/share

About Us

The Outlooker

The Outlooker is your source of authentic, hand-picked news, stories, analysis from India & the World.

  • Terms Of Service
  • Privacy Policy
  • About us
  • Submit your story
  • Contact

© 2019-2021 The Outlooker. All rights reserved.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2019-2021 The Outlooker. All rights reserved.