CLOSING BELL:  losses in HDFC twins, ICICI Bank, Infosys, L&T, and Bharti Airtel nearly balanced gains in Kotak Bank, State Bank of India, Hindustan Unilever (HUL), Asian Paints, and Bajaj Finance

broker, market, shares, trading, stocks, growth, profit, loss, exchange, brokerage

<b>CLOSING BELL<br />
<br />
Stock market highlights:&nbsp;</b>Benchmark indices rose for a fifth straight day, albeit amid volatility, as losses in HDFC twins, ICICI Bank, Infosys, L&T, and Bharti Airtel nearly balanced gains in Kotak Bank, State Bank of India (SBI), Hindustan Unilever (HUL), Asian Paints, and Bajaj Finance.<br />
<br />
<div>
	After staying around 250 points lower for better part of the day, the S&P BSE Sensex bounced 583 points from the lows to hit a high of 58,328 during the day. The 30-pack index eventually closed at 58,136, up 21 points or 0.04 per cent. The Nifty50, on its part, recovered from the lows of 17,216 to end at 17,345, up 5 points or 0.03 per cent.<br />
	<br />
	In the broader market, the BSE MidCap and SmallCap indices advanced up to 0.5 per cent. Sectorally, the Nifty PSU Bank index surged 2.7 per cent, while the Nifty Realty index fell 1.7 per cent.<br />
	<br />
	<strong>BS Special :: What&#39;s on FPIs&#39; buying list?</strong></div>
<div>
	Banks, information technology, capital goods and the automobile sectors could be on foreign portfolio investors&rsquo; radar as they turn back focus to Indian equities after a gap of around nine months, said analysts. While most analysts believe that the worst could be over as regards FII/FPI selling &ndash; and hence equity markets &ndash; they do warn against intermittent selling on the basis of macro-economic and geopolitical developments and how the policy-makers react to it. <a href="https://www.business-standard.com/article/markets/bank-auto-fmcg-sectors-on-fpis-radar-as-they-turn-focus-back-on-india-122080200427_1.html" target="_blank"><strong>READ MORE</strong></a></div>

Sensex ends volatile day 21 pts higher; PSB index surges 3%, Zomato 20%

Business Standard

Sensex ends volatile day 21 pts higher; PSB index surges 3%, Zomato 20% | News on Markets - Business Standard

PSBs upbeat in a weak market; BoB gains over 2%

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16594149268658.png

RBI to raise rates in August but no consensus on size of hike: Report

The Reserve Bank of India will hike its key interest rate on Friday, economists polled by Reuters said, but there was no consensus on the size of the move. <a href="https://www.business-standard.com/article/finance/rbi-to-raise-rates-in-august-but-no-consensus-on-size-of-hike-report-122080200152_1.html?1659414426" target="_blank"><strong>READ MORE</strong></a><br />
<br />
<div style="float: left; max-width: 600px;">
	<img align="" alt="Photo: Bloomberg" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-06/13/full/1655117805-7712.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="RBI" width="620" /></div>
<br />

Varun Beverages hits 52-week high after PAT jumps two-fold in Q1

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/1659414406175.png

ITC hits 52-week high after net profit surges nearly 34% YoY in Q1

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16594140577834.png

Zomato soars 9% as net loss narrows to Rs 186 cr in June quarter

<div>
	The contribution as a percentage of gross order value (GOV) increased to 2.8 per cent in Q1FY23, against 1.7 per cent in Q4FY22, driven by improvements on both cost and revenue sides. <a href="https://www.business-standard.com/article/markets/zomato-gains-9-as-net-loss-narrows-in-june-quarter-122080200222_1.html?1659413261" target="_blank"><strong>Read here</strong><br />
	<br />
	<img alt="delivery workers, zomato, delivery" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-06/21/full/1592740838-0643.jpg?im=Resize,width=640" /></a></div>

Castrol India gains 3%; Q1 PAT grows 47% from last yr

Eicher Motors sheds 2%; July exports fall 22%

Asian Paints firmly up as oil prices drop sharply

SpiceJet rises 3%; airline operator to release Rs 50 cr guarantee

Investors book profits in UPL after strong Q1 results Monday

Zomato zooms over 7% as co narrows Q1 loss to Rs 186 crore

5G auction wraps: Telecom shares firm in a weak market

Broader markets mixed, Mid & Small-caps defy market trend

Sectoral map: IT, Metals top losers, FMCG alone upbeat in green

Nifty drags: UPL, Eicher Motors, Hindalco top index losers