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Home CURRENT AFFAIRS BUSINESS Stock Market Today: GIFT Nifty indicates a bearish start; Dr. Reddy’s Laboratories,...

Stock Market Today: GIFT Nifty indicates a bearish start; Dr. Reddy’s Laboratories, Bank of Baroda in focus

Nifty futures on the Gift Nifty closed 56 points, or 0.27%, lower at 21,045.50 after a seven-day run, indicating a break for bulls in the equity market.

Stock Market Today

Stock Market Today: After a seven-day run, Nifty futures on the Gift Nifty traded 56 points, or 0.27%, lower at 21,045.50, suggesting a break for bulls in the equity market. Information technology stocks drove the third day in a row of all-time highs for India’s stock indices on Wednesday. Nevertheless, gains were constrained because of worries that the market might be overbought following the recent surge. The Nifty finished 63 points below 21,000, and the Sensex was 347 points shy of the 70,000 threshold. On Wednesday, the Nifty of the NSE closed at 20,937.70, up 82.60 points, or 0.4%. The BSE’s Sensex closed at 69,653.73, up 0.52%, or 357.59 points.

Stock Market Today: Stocks in focus

Bank of Baroda

Is looking into the paper trail surrounding a recent crisis in which it was claimed that some staff used random phone numbers to manufacture fictitious app sign-ups. In order to change cell phones and sign up for the bob World app, the bank has requested that branches provide registration forms and customer consent.

Mahindra & Mahindra

In response to growing expenses and rising commodity prices, Mahindra & Mahindra will begin raising the prices of its passenger and commercial vehicles in January 2024. According to the company, price increases will differ between models.

Dr. Reddy’s Laboratories

This is working exclusively with Coya Therapeutics to develop and market COYA 302, a combination medicine that is being investigated for the treatment of amyotrophic lateral sclerosis (ALS).

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