Welcome to a new episode of Et Market Watch – where we bring you the latest news from the world of stock markets every day. Let’s go there:
The Indian markets closed a little higher on Wednesday, lifted by Larsen & Toubro, which rose almost 5% after placing an increase of 30% in the Q1 win, which made estimates defeated.
The Sesex added 144 points and the Nifty finished above 24,850, although broader profits were limited prior to the policy decision of the US FED and new concerns about the trade tires of the US India.
As far as the sector is concerned, IT and FMCG saw mild profit, while car and real estate dragged shares.
Tata Motors fell more than 3% on reports, it can acquire Italy Iveco for $ 4.5 billion, causing investors to generate concern about the balance.
In the wider markets, GNG Electronics debuted with a bang, while 41% rise, while Indiqube spaces decreased 8% on the list.
In the meantime, the rupid weakened strongly, he closed at 87.42 per dollar, the lowest in 5 months, because traders brace themselves for the Fed tariff signals and a possible tariff shock of the US after President Trump warned of steep tasks, unless a trading deal is sealed by 1 August.
In raw materials, Brent Crude slid to $ 71 per barrel and recovered somewhat.
That is all for now on the market Watch. Follow us for daily updates. This is Neha v Mahajan, unsubscribe.
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