F&O Expiry: 25 of the 30 Sensex constituents and 34 of the 50 Nifty constituents ended in the negative territory including Adani Ports, Bajaj Finance, IndusInd Bank, Infosys, TCS, Axis Bank, and HDFC

Sensex tanks 709 pts from day's high, ends 311 pts down; Nifty holds 17,500

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	<b>CLOSING BELL</b><br />
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	<strong>Stock market highlights:&nbsp;</strong>&nbsp;Equity gains evaporated in the fag-end of the session as investors adjusted their positions amid the F&O expiry for the August derivatives series. The S&P BSE Sensex tumbled 709 points from the day&#39;s high and closed at 58,775, down 311 points or 0.53 per cent.<br />
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	The Nifty50 index, too, closed 83 points, or 0.47 per cent, lower at 17,522. It had touched a high of 17,727 during the day.<br />
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	25 of the 30 Sensex constituents and 34 of the 50 Nifty constituents ended in the negative territory including Adani Ports, Bajaj Finance, IndusInd Bank, Infosys, NTPC, TCS, Axis Bank, PowerGrid, and HDFC. The gainers, meanwhile, were Shree Cement, Divis Labs, Hindalco, Eicher Motors, HDFC Life, Grasim, and SBI Life. Among heavyweights, Maruti Suzuki, SBI, Titan, Wipro, and Dr Reddy&#39;s Labs held tepid gains.<br />
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	The broader markets, however, held upbeat momentum with the BSE MidCap and SmallCap indices settling up to 0.2 per cent higher. Among sectors, all but the Nifty PSU Bank (up 2.74 per cent) and Realty (up 1.47 per cent) indices closed in the negative zone.&nbsp;<br />
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	<strong>Nifty PSU Bank index has more upside</strong>
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		With the pick-up in market momentum, and improved economic outlook, shares of public sector banks have staged a smart comeback on the bourses. The PSU Bank index has jumped 16 per cent over the past three months, as against a 9-per cent rally in the benchmark Nifty50 index. Going ahead, analysts see more legs in this rally. <a href="https://www.business-standard.com/article/markets/after-16-jump-in-3-months-analysts-see-more-upside-in-nifty-psb-index-122082500546_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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<strong>DreamFolks Services IPO</strong><br />
At 3:30 PM, the three-day issue of DreamFolks Services was subscribed nearly 5x with the retail portion seeing a subscription of 17 times. The NII and QIB quota, meanwhile, was subscribed 5.5 times and 0.57 times, respectively.<br />
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The grey market premium of the stock has jumped nearly 15 per cent after the issue&#39;s strong demand. <a href="https://www.business-standard.com/article/markets/dreamfolks-services-ipo-grey-market-premium-jumps-15-on-strong-demand-122082500579_1.html" target="_blank"><strong>READ MORE</strong></a>

STOCK MARKET LIVE: Nifty, Sensex, BSE, NSE, Inflation, Jackson Hole, Crude oil

Business Standard

STOCK MARKET LIVE: Nifty, Sensex, BSE, NSE, Inflation, Jackson Hole, Crude oil | News on Markets - Business Standard

NIFTY WINNERS | Tata Steel, SBI Life, TaMo, UPL additional gainers

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SENSEX HEATMAP | Only 2 stocks sit in red; Bharti Airtel top winner

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OPENING BELL | Nifty opens with 70 pts uptick; above 17,650

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OPENING BELL | Sensex jumps 250 points to 59,340

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PRE-OPEN SESSION | Nifty likely to edge above 17,650

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PRE-OPEN SESSION | Sensex rises over 200 points

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CURRENCY ALERT | Rupee opens 1 paise weaker at 79.82/$

Stocks on radar today: TCS, Wipro, Future Ent, IDBI Bank, Adani Green, ONGC, NHPC

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	Stocks to Watch today: Canara Bank plans to raise up to Rs 3,500 crore through tier II bonds; TCS clarified that it would pay 100 per cent of variable payout in the June quarter of FY23. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-tcs-wipro-future-enterprises-idbi-bank-adani-green-energy-ongc-nhpc-titan-122082500121_1.html" target="_blank"><strong>Read here</strong></a></div>
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	<img alt="stock markets" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-04/14/full/1649960647-0627.jpg?im=Resize,width=640" /></div>

SUGAR STOCKS IN FOCUS | Govt may allow 8 mn tonne exports next season in 2 tranches

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	In the first tranche, market sources said exports of around 5 mt could be permitted. This could be expanded by another 2.5-3 mt only after assessing the price situation and supply-demand scenario. <a href="https://www.business-standard.com/article/economy-policy/centre-may-allow-8-million-tonnes-sugar-exports-next-season-in-two-tranches-122082401362_1.html" target="_blank"><strong>Read here</strong><br />
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	<img alt="sugar" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-01/06/full/1578327086-9886.jpg?im=Resize,width=640" /></a></div>

STOCK ALERT | Lupin acquires 'Ondero’ & ‘Ondero Met’ from Boehringer Ingelheim Intl

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	&gt;&gt; Ondero &amp; &lsquo;Ondero Met&rsquo; are used to treat Type 2 Diabetes Mellitus</div>

Rupee appreciates 5 paise to close at 79.82/$ Wednesday

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Brent Crude rises to $102 a barrel level on supply cut worries

GLOBAL UPDATE | Bank of Korea raises benchmark rate by 0.25%

The key rate now stands at 2.5%. Korean stocks are firmly higher in trade.&nbsp;

ALERT | Torrent Pharma to buy Curatio Healthcare at Rs 2,100 crore valuation

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	&gt;&gt; Deal expected to be signed in two weeks&nbsp;</div>
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	&gt;&gt; Deal marks exit of ChrysCapital, Sequoia, the promoters and management, reported the Economic Times.</div>