Produced by: Aseem Thapliyal Designed by: Manoj Kumar
The domestic equity market was trading lower on Wednesday. Sensex fell 1062 points to 72,066 and Nifty crashed 294 pts to 21,736.
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, "Market is likely to turn slightly weak in the near-term, getting impacted by some negative global and domestic cues. The global negativity will come from the rising bond yields in the US (the 10-year yield is at 4.04 %) responding to concerns that the sharp rate cuts expected from the Fed this year may not materialise."
Shares of RVNL hit their record high in early trade today. RVNL shares climbed over 5% to a high of Rs 235.10 against the previous close of Rs 223.50 on BSE. The railway stock opened higher at Rs 223.85. Total 29.01 lakh shares of the firm changed hands amounting to a turnover of Rs 66.87 crore on BSE. Market cap of RVNL rose to Rs 48,883 crore.
Shares of YES Bank fell 3% to Rs 24.81 in early trade today. Total 334.38 lakh shares of the firm changed hands amounting to a high turnover of Rs 84.63 crore on BSE. Market cap of YES Bank fell to Rs 72,162 crore.
Shares of IRFC rose nearly 5% to a record high of Rs 149.35 today. Total 193.23 lakh shares of the firm changed hands amounting to a high turnover of Rs 278.21 crore on BSE. Market cap of IRFC rose to Rs 1.93 lakh crore.
Shares of Zomato slipped nearly 5% to Rs 126.70. Total 28.88 lakh shares of the firm changed hands amounting to a turnover of Rs 37.28 crore on BSE. Market cap of Zomato fell to Rs 1.11 lakh crore.
Shares of HDFC Bank slipped nearly 7% to Rs 1570 post Q3 earnings. Total 9.20 lakh shares of the firm changed hands amounting to a high turnover of Rs 145.68 crore on BSE. Market cap of HDFC Bank fell to Rs 11.96 lakh crore.
Shares of IEX slipped 7% to Rs 153.10 in early deals. Around 11.17 lakh shares of the firm changed hands amounting to a turnover of Rs 17.43 crore on BSE. Market cap of IEX fell to Rs 13,826 crore.
Shares of Cochin Shipyard hit their record high of Rs 875.25 in early trade today. The stock rose 10.53% intraday amid market crash. Total 4.13 lakh shares of the firm changed hands amounting to a turnover of Rs 34.64 crore on BSE. Market cap of Cochin Shipyard climbed to Rs 22,723 crore.
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