Stock Market Highlights: Indian equity benchmarks BSE Sensex and NSE Nifty50 ended lower for the third consecutive session on Wednesday with Nifty below 17,500.
Indian equity benchmarks gave up initial gains to end in red amid choppy trade on Wednesday.
Duroply Industries shares were locked in 10 percent upper circuit after ace investor Porinju Veliyath & his wife Litty Thomas increased their shareholding in the company.
European shares slipped for a third straight session on Wednesday as anxiety about elevated inflation and its potential impact on upcoming earnings season dampened the mood.
The country’s exports in March 2022 rose 19.76 percent to USD 42.22 billion as compared to the year-ago period, according to a commerce ministry data released on Wednesday.
Shares of Mrs Bectors Food Specialities, which sells its products under its flagship brand ‘Cremica’ and ‘English Oven’ in India, tanked about 9 percent on Wednesday after large deals on bourses.
The Hariom Pipe stock begins its journey on BSE at Rs 214 apiece, a premium of 39.9 percent over its issue price of Rs 153.