India’s benchmark indices on Wednesday gave initial benefits to do less trade by noon on Wednesday. The NSE Nifty 50 and BSE Sensx were trading 0.6% below 22,400 and 73,400 respectively.
Some of Gulzar’s stocks during the session are Bharti Airtel Limited, IndusInd Bank Limited, Sapsi Limited, Kaynes Technology Limited, others.
Here is a rap on them:
Bharti Airtel
Bharti Airtel Stock rose to 3.23% in the initial trade after the telecom operator announced the partnership with Elon Musk’s satellite internet provider Starlink.
However, the mood soon flipped and by noon, the share price was trading 1.1% less.
Infosys
Infosys Limited shares fell around 5.5% of Intrade amid widespread recession in IT stocks on the possibility of recession in the US economy due to tariff implementation of President Donald Trump.
The Nifty fell into the bear market area, the index fell 21.67% from the record high in December.
The stock was the top drugger of the Nifty 50 in the afternoon.
Constable
Today, among the top beneficiaries in the stock market, SEPC increased by 15% after the company achieved a mega deal in Saudi Arabia.
SEPC has bid for infrastructure works in three areas of Jeddah North, about 893 million or about Rs 2,200 crore for Phase 1A. Based on the signature of the framework agreement, orders for minimum one area of ââthe three can be expected.
Kaynes Tech
Managing Director Ramesh Kunhikanan accused the infection of the Insider Trading Rules, falling out of a SEBI show, dropping investors, falling over 9%.
The stock managed to reduce the deficit.
Indesind bank
For five consecutive days, IndusInd Bank managed to bring back stock as investors bought shares after a 33% decline in the last week.
The trading volume increased by 19 times its 30-day average.
JSW Steel
After 25% tariff on US President Donald Trump’s aluminum and steel, between all metal shares, the JSW Steel Limited share was priced after a hit, effective without any discount. This step will affect prices in the international market.
Trump pressed the metal tariff despite suggesting American stakeholders.
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