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Benchmark BSE Sensex jumped 740 points while Nifty ended its 10-day losing streak, driven by value buying in utilities and power shares. Stocks in focus included Quadrant Future Tek, Varun Beverages, and Coforge, which saw significant movements driven by technical indicators and market momentum.
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News and Media
Wall Street indexes rose on Wednesday amid hopes of easing US trade tensions, especially from the postponement of auto tariffs on Canada and Mexico. Early optimism from an ISM services report was tempered by increased input prices and slow private payroll growth. Major gainers included car companies like Ford and General Motors, while Intel and CrowdStrike saw declines.
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News and Media
Recent stock market volatility is impacting consumer goods sales, including two-wheelers, luxury cars, and electronics, as many Indians shift their savings to investments. This decline in sales is attributed to negative sentiment around market fluctuations, affecting discretionary purchases and delaying consumption recovery.
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News and Media
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