Last Updated: April 25, 2023, 09:32 IST
Stock Market LIVE Updates: Equity benchmark S&P BSE Sensex dipped 4 factors on Tuesday, to cite at 60,052 ranges, whereas the Nifty50 index hovered round 17,730 ranges.
In the broader markets, the BSE MidCap was flat with a light downtick, and SmallCap indices was up 0.1 per cent.
Individually, shares of Welspun India surged 3 per cent as the corporate is about to contemplate buyback proposal on April 27.
Those of Mahindra Lifespace, in the meantime, added 2 per cent after the corporate stated it has secured undertaking to redevelop a housing society in Mumbai with an anticipated income potential of Rs 850 crore.
On the draw back, Ipca Labs shares tumbled 8 per cent. The board permitted the acquisition of 33.38 per cent of the paid-up share capital of Unichem Laboratories for Rs 1,034 crore from one in every of its promoter shareholders. Ipca is buying the stake at Rs 440 per fairness share.
Among sectors, the Nifty PSU Bank index gained 0.7 per cent, whereas the Nifty IT and Consumer Durable indices fell as much as 1 per cent.
Global cues
Asia-Pacific markets had been largely decrease on Tuesday, following an analogous session on Wall Street. Japanese markets had been all increased with the Nikkei 225 up 0.54 per cent, and the Topix 0.74 per cent.
However, South Korea’s Kospi was down 0.15 per cent; Hong Kong’s Hang Seng Index slid 0.46 per cent in early commerce, whereas the Hang Seng Tech index noticed a bigger drop at 1.56 per cent; and Mainland Chinese markets had been blended.
Overnight within the US, the Nasdaq Composite slipped 0.29 per cent, however the Dow Jones Industrial Average ended up 0.2 per cent, and the S&P 500 closed 0.09 per cent increased.
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