Sensex falls 388 pts, Nifty holds 19,350 amid weak global cues; PSBs outrun

Closing Bell on August 17, 2023: On the upside, only the Nifty PSU Bank index (up 1.5 per cent) outperformed the markets

8:00 AM

e-bus SEWA scheme to augment already robust order backlog for CVs: Goldman Sachs

>> PM e-bus SEWA scheme should augment already robust order backlog at cos
>> Re-iterate buy rating on Tata Motors, target at Rs 710/sh
>>Re-iterate buy rating on Ashok Leyland, target at Rs 230/sh:

via CNBCTV-18

7:54 AM

Most FOMC officials see 'upside risk' to inflation that may require more hikes

>> 2 FOMC members favored holding rates steady at the July meeting
>> As inflation is still well above the Committee’s longer-run goal and the labor market is tight, most members continued to see significant upside risks to inflation, which could require further tightening, the minutes read.

 

7:50 AM

Gift Nifty in red; signals a negative start for markets

.

7:47 AM

Asian indices mirror Wall St losses; Hang Seng tumbles 2%

7:45 AM

US markets slide for a second day on hawkish FOMC minutes

7:40 AM

Good morning readers! Catch all live market updates here with Business Standard

Catch all live market updates here with Business Standard