INDIAN MArket

Indian indices opened green and is trading in all time high Sensex crossed 56000.

FIIs sold 343.7 Cr and DIIs purchased 266.43 Cr.

WORLD MARKET

The Dow Jones Industrial Average fell 0.79%, snapping a five-day winning streak. The S&P 500 lost 0.71% after posting a new record high on Monday, and the Nasdaq Composite dropped 0.93%.

Shares in Asia-Pacific were mixed in Wednesday morning trade as investors look ahead to the Reserve Bank of New Zealand’s interest rate decision.

Stocks in news

• HDFC Bank: RBI partially lifts technology ban on the bank, allows sourcing of new credit cards.
• Astron Paper Board Mill: Tushar Bharat Oswal and Mahesh Bharat Oswal acquired 3 lakh equity shares each in Astron Paper at Rs 65 per share, and Harshal Bharat Oswal bought 3 lakh shares at Rs 64.99 per share on the NSE, the bulk deals data showed.
• Vikas EcoTech: Sunayana Investment Company bought 38,05,678 equity shares in the company at Rs 2.26 per share on the NSE, the bulk deals data showed.

Happy Investing!

-Thirumalai Raj M.