CLOSING BELL: M&M, Tech M, Dr Reddy's Labs, Reliance Industries, HCL Tech, and Tata Steel were the top gainers on the 30-pack index

MARKET LIVE: Sensex, Nifty flat; metals, auto, energy indices top winners

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<b>CLOSING BELL</b><br />
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<strong>Stock market highlights:&nbsp;</strong>After three consecutive days of sharp upmoves, markets took a breather on Tuesday. The benchmark indices whipsawed wildly in the intra-day trade before ending flat with a positive bias.<br />
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	The frontline S&P BSE Sensex oscillated within a band of 530 points during the day. It, eventually, ended at 53,177, up 16 points or 0.03 per cent.&nbsp;</div>
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	M&M, Tech M, Dr Reddy&#39;s Labs, Reliance Industries, HCL Tech, and Tata Steel were the top gainers on the 30-pack index, up between 1 per cent and 3 per cent. Meanwhile, Titan Company, Asian Paints, Bajaj Finserv, Kotak Bank, Bajaj Finance, and ICICI Bank were the laggards, down up to 3.5 per cent.</div>
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	On the NSE, the Nifty50 shut shop at 15,850, up 18 points or 0.11 per cent. Further, in the broader markets, the Nifty MidCap added 0.3 per cent, but the Nifty SmallCap fell by equal percentage.</div>
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	Among major sectoral indices, the Nifty Metal index advanced around 2 per cent, while the Nifty Private Bank index dropped 0.8 per cent.</div>
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	<strong>BS Special :: Liquor stocks in focus</strong></div>
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	Shares of liquor companies have tumbled between 6 per cent and 33.5 per cent thus far in calendar year 2022 (CY22), as pinching raw material prices and low demand hit breweries and distilleries. Analysts believe the worst may be behind the sector with out-of-home (OOH) consumption picking up, and select state governments reducing taxes, giving room to related companies to pass on cost pressure to consumers. <a href="https://www.business-standard.com/article/markets/time-to-raise-a-toast-to-liquor-stocks-selectively-say-analysts-122062800469_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	<strong>Newsmaker :: Zomato</strong><br />
	Shares of Zomato extended their decline as they shed 8 per cent on Tuesday on the BSE. The stock has declined 14.4 per cent in two days, losing $1 billion in market-cap, after it announced the acquisition of quick commerce firm Blinkit. <a href="https://www.business-standard.com/article/markets/zomato-tumbles-14-in-two-days-post-blinkit-acquisition-deal-122062800250_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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Sensex, Nifty end flat after volatile session; metal, energy stocks shine

Business Standard

Sensex, Nifty end flat after volatile session; metal, energy stocks shine | News on Markets - Business Standard

Top stocks on radar: Bajaj Auto, TVS Motor, Tata Steel, Cipla, JSW Steel, FRL

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	<strong>Bajaj Auto</strong>: The two-wheeler major has approved buyback of shares worth up to Rs 2,500 crore. The auto-major will buyback 5.43 million shares (that aggregates up to 1.88 per cent of paid-up share capital) via open market at Rs 4,600 per share. This comes after the board delayed decision over buyback last month.&nbsp;<br />
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	<strong>TVS Motor</strong>: The Chennai based auto-major plans to divert focus on electric vehicles (EVs) and will come up with multiple products in their two and three-wheeler segments under the 5 to 25 kilowatt range. They will also design digital applications for service and will book for digital appointments. Earlier, the company had inked pact with Tata Power to build EV charging infrastructure across the country. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-bajaj-auto-tvs-motor-future-retail-tata-steel-cipla-jsw-steel-gail-india-icici-122062800136_1.html" target="_blank"><strong>READ MORE</strong><br />
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	<img alt="markets" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-12/27/full/1640544507-9607.jpg?im=Resize,width=640" /></a></div>

DIIs firmly balance outflows: Buy Rs 1,184 crores of shares Monday

FIIs continue selloff: Sell Rs 1,278 crores of shares Monday

Global update: US oil inventory falls to lowest level since 1986

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		*U.S. CRUDE INVENTORY IN STRATEGIC PETROLEUM RESERVE FALLS TO 497.9 MLN BARRELS, LOWEST SINCE APRIL 1986 - DOE<br />
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	<img align="left" alt="chart" class="imgCont" height="251" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-06/28/full/1656385740-3447.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="527" />
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		source: bloomberg</div>
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SGX Nifty indicates likely gap-down of around 100 pts

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	<img align="left" alt="chart" class="imgCont" height="193" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-06/28/full/1656385534-4213.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="453" />
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		source: investing.com</div>
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Oil rises as G7 mulls price cap on Russian oil

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	<img align="left" alt="chart" class="imgCont" height="160" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-06/28/full/1656385392-2702.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="319" />
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		source: oilprice.com</div>
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Most Asian markets inch lower tracking subdued sentiment

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	<img align="left" alt="chart" class="imgCont" height="182" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-06/28/full/1656385187-6784.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="457" />
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		source: finance.yahoo.com</div>
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US futures trade with tepid losses after cuts on Wall Street

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	<img align="left" alt="chart" class="imgCont" height="84" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-06/28/full/1656385103-4277.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="470" />
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		source: finance.yahoo.com</div>
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	<img align="left" alt="chart" class="imgCont" height="374" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-06/28/full/1656384970-2549.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="590" />
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		source: Reuters</div>
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US markets close with mild cuts on Monday

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