CLOSING BELL: Among individual stocks, Tech M, IndusInd Bank, Infosys, HCL Tech, Maruti Suzuki, SBI, and TCS were the top large-cap winners

Market LIVE: Sensex up 200 points; IT index gains 2%, Godrej Industries 6%

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	<b>CLOSING BELL<br />
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	Stock market highlights:&nbsp;</b>Benchmark indices climbed on Friday as investors cheered US Fed chair Jerome Powell&#39;s comment that the US may be able to avoid a &quot;deep recession&quot; despite aggresive rate hikes. The S&P BSE Sensex, which had erased all the morning gains during the day, clawed back to end at 59,793, up 105 points or 0.18 per cent.&nbsp;</div>
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	The Nifty50, on the&nbsp; other hand, settled at 17,833, higher by 35 points or 0.19 per cent. In the broader markets, the Nifty MidCap 100 added 0.35 per cent, while the Nifty SmallCap100 edged 0.06 per cent up.</div>
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	Among individual stocks, Tech M, IndusInd Bank, Infosys, HCL Tech, Maruti Suzuki, SBI, and TCS were the top large-cap winners, while Astral, Godrej Industries, Bajaj Holdings and Investments, All Cargo Logistics, Nazara Technologies, and Stove Kraft were the top broader market gainers.</div>
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	Sectorally, the Nifty IT index jumped the most, up 2 per cent, while the Nifty Financial Services and Realty indices dipped 0.5 per cent each.</div>
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	<strong>Global cues</strong></div>
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	European markets were higher Friday, as investors reacted to a record rate hike by the European Central Bank and further comments from Federal Reserve Chair Jerome Powell. The pan-European Stoxx 600 was up 1.5 per cent in morning trade, with all sectors trading in the green. Basic resources were 4.4 pe cent higher, while banks were up 2.6 per cent.</div>
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	In Asia, Nikkei gained 0.53 per cent, Hang Seng soared 2.7 per cent, and Kospi added 0.3 per cent.</div>
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	On Wall Street, futurs linked to the three main indices indicated a positive start later today.</div>

Sensex ends choppy day 105 points higher; IT stocks lead; Financials weigh

Business Standard

Sensex ends choppy day 105 points higher; IT stocks lead; Financials weigh | News on Markets - Business Standard

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PRE-OPEN SESSION | Sensex rises over 350 points

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CURRENCY ALERT | Rupee opens 6 paise stronger at 79.65/$

Here's why Mehul Kothari recommends buying Raymond, Metropolis Healthcare

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	According to the technical analyst from Anand Rathi, Raymond can rally to Rs 1,100, while Metropolis Healthcare can surge to Rs 1,620.<a href="https://www.business-standard.com/article/markets/here-s-why-mehul-kothari-recommends-buying-raymond-metropolis-healthcare-122090900148_1.html" target="_blank"><strong>Read more</strong><br />
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F&O Strategy: Nandish Shah of HDFC Securities recommends Bull Spread on SBI

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	The technical and derivatives analyst recommends buying SBI 550 Call and simultaneously selling 570 Call for the September series.<a href="https://www.business-standard.com/article/markets/f-o-strategy-nandish-shah-of-hdfc-securities-recommends-bull-spread-on-sbi-122090900139_1.html" target="_blank"><strong>Read more</strong><br />
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Oil prices dip on rate-hike, demand fears; benchmarks down by 4% this week

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	Oil prices turned down in early trade on Friday after a slight rebound in the previous session, leaving them set to fall for a second straight week on worries that central banks&#39; aggressive rate hikes. <a href="https://www.business-standard.com/article/international/oil-prices-dip-on-rate-hike-demand-fears-benchmarks-down-by-4-this-week-122090900121_1.html?1662693780" target="_blank"><strong>Read more</strong><br />
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WATCH | Strategies for investors as India looks to shine among global peers

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	Indian markets may see intermittent corrections due to policies of global central banks and other factors, analysts expect India&rsquo;s performance to continue. Here is a peek into what analysts are eying.&nbsp;</div>
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="506" src="https://www.youtube.com/embed/7hZR91mWKQE" title="What should investors do as India looks to shine amid global gloom?" width="900"></iframe>

Stocks to Watch: NBFCs, RIL, Concor, IOL Chemicals, M&M, Jet Airways, VIL

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	Stocks to Watch Today: Analysts recommend lack of clarity on the new policy may limit the upside on Concor; Govt to acquire stake in Voda Idea after the stock stabilizes above Rs 10. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-nbfcs-ril-concor-iol-chemicals-jet-airways-vodafone-idea-reliance-power-m-122090900127_1.html" target="_blank"><strong>Read here</strong><br />
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ALERT | Alkem Labs gets US FDA nod for Tolvaptan

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	Tolvaptan is used to treat Hyponatremia</div>

GLOBAL DATA | China Aug CPI slows to 2.5%; factory prices hit 19-mth low

China&#39;s Producer price index rose by 2.3 per cent over last year, while it was below July&#39;s 4.2 per cent.

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DIIs sell Rs 213 crore worth of equities on September 8

FIIs buy Rs 2,913 crore worth of equities on September 8

Gap up start likely for Indian markets; SGX Nifty up 125 points

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Asia-Pacific markets mixed in early trade: Nikkei 225 up 0.4%

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