CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent

<b>CLOSING BELL</b><br />
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<strong>Stock market highlights:&nbsp;</strong>Domestic equities stayed range-bound below the flat line on Wednesday as lack of domestic triggers kept investors on the sidelines. The S&P BSE Sensex closed 36 points, or 0.06 per cent, lower at 58,817, while the Nifty50 shut shop at 17,535, up 10 points or 0.06 per cent.<br />
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Hindalco, UPL, Apollo Hospitals, Coal India, Tata Steel, Tata Motors, and Bharti Airtel were the top large-cap gainers, up between 1.5 per cent and 4.5 per cent. On the downside, Bajaj Finance, ONGC, Asian Paints, HCL Tech, Wipro, Adani Ports, and SBI fell over 1 per cent.<br />
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In the broader markets, the BSE MidCap and SmallCap indices fell 0.15 per cent each on the back of losses in Natco Pharma, Oil India, MRF, YES Bank, Everest kanto Cylinders, Dynemic Products, and Sequent Scientific.<br />
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Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent.<br />
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<strong>Jefferies sees 15% downside in markets</strong>
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	The pullback in the Nifty from its recent lows looks unsustainable, said analysts at Jefferies in a recent note even as they acknowledged the improved US outlook on lowered inflation expectations and lower recession risks. <a href="https://www.business-standard.com/article/markets/jefferies-sees-15-correction-in-indian-markets-adds-zomato-to-portfolio-122081000329_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<strong>Global cues</strong></div>
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	World stocks were mixed on Wednesday as global investors await a key US inflation print. In Europe, the pan-European Stoxx 600 slipped 0.2 per cent in early trade, while futures linked to main Wall Street indices gained between 0.2 per cent and 0.3 per cent on Wall Street.</div>
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	In Asia, Japan&#39;s Nikkei dipped 0.6 per cent, and South Korea&#39;s Kospi eased 0.9 per cent. Hong Kong&#39;s Hang Seng, meanwhile, shed nearly 2 per cent.</div>
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STOCK MARKET LIVE: Nifty, Sensex, Q1 results, US inflation, Airtel, Delhivery, Coal India

Business Standard

STOCK MARKET LIVE: Nifty, Sensex, Q1 results, US inflation, Airtel, Delhivery, Coal India | News on Markets - Business Standard

IT pocket top sectoral loser; Pharma pink in health

Small-caps outshine benchmarks & broader market peers

Nifty losers: JSW Steel additional index drag

Nifty gainers: Nestle, Cipla, Sun Pharma top outperformers

Sensex Heatmap: NTPC, Asian Paints, IT stocks pull index down

Sensex turns flat.<br />
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Opening Bell: Nifty50 starts below 17,550

Opening Bell: Sensex opens 100 points higher

Pre-open session: Nifty50 inches above 17,550

Pre-open session: Sensex moves over 100 points higher

CURRENCY ALERT: Rupee opens 10 paise stronger at 79.56/$

Stocks on radar: Coal India, NTPC, Bharti Airtel, Delhivery, Indian Hotels

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	Stocks to watch today: Coal India and Tata Consumer Products will report their June quarter results (Q1FY23) on Wednesday, August 10; NTPC plans to fundraise Rs 12,000 crore through NCDs. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-coal-india-ntpc-bharti-airtel-delhivery-indian-hotels-adani-ports-q1-results-122081000101_1.html" target="_blank"><strong>Read more</strong><br />
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	<img alt="Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis" src="https://bsmedia.business-standard.com/_media/bs/img/misc/2021-05/20/full/markets-bulls-bears-stocks-trading-technicals-market-technical-technical-analysis-1621493660-65622620.jpg?im=Resize,width=640" /></a></div>

WATCH | UR Bhat of Alphaniti Fintech on sectors that are a good bet for investors

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	Global central banks are hiking interest rates to bring down inflation. Should you buy on dips or sell on a rally? Find out what UR Bhat of Alphaniti Fintech says to Business Standard. <a href="https://www.business-standard.com/the-morning-show/video/markets-insights/ur-bhat-of-alphaniti-fintech-on-sectors-that-are-a-good-bet-for-investors-1346.htm" target="_blank"><strong>WATCH</strong></a><br />
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<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="401" src="https://www.youtube.com/embed/kLSF_GGVbJM" title="Are well-managed large caps a better bet for retail investors?" width="713"></iframe>

Here's why Mehul Kothari recommends buying KPR Mill, Shriram Transport

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	According to the analyst from Anand Rathi, KPR Mill can rally to Rs 595, while Shriram Transport Finance can surge to Rs 1,500 in the near term. <a href="https://www.business-standard.com/article/markets/here-s-why-mehul-kothari-recommends-buying-kpr-mill-shriram-transport-122081000110_1.html" target="_blank"><strong>Read more</strong><br />
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	<img alt="technicals" src="https://bsmedia.business-standard.com/_media/bs/img/article/2017-08/02/full/1501658367-0858.jpg?im=Resize,width=640" /></a></div>

No-tolerance policy on illegal activities: Crypto exchange WazirX

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	Crypto exchange says it has a no-tolerance policy towards illegal activities. <a href="https://www.business-standard.com/article/companies/after-ed-freezes-bank-accounts-crypto-exchange-wazirx-issues-clarification-122080901500_1.html" target="_blank"><strong>Read more</strong><br />
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	<img alt="WazirX" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-06/11/full/1623399053-001.png?im=Resize,width=640" /></a></div>

FPIs cut stake in two-thirds of BSE 200 companies in June quarter

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	Average stake down 40 bps from previous quarter at 22%. <a href="https://www.business-standard.com/article/companies/fpis-cut-stake-in-two-third-of-bse200-companies-in-june-quarter-122080901166_1.html" target="_blank"><strong>Read here</strong><br />
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	<img alt="FPIsFPIs" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-05/16/full/1652642005-6984.jpg?im=Resize,width=640" /></a></div>

Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%