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Stock market LIVE: Sensex down 350 pts, Nifty below 22k in pre-open

March 22, 2024
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Inventory market dwell updates on March 22: The Indian bourses are taking a look at flat begin on Friday monitoring combined international cues. The Reward Nifty futures too counsel a possible tepid begin at 07:00 AM, the futures had been down 10 factors in opposition to the Nifty 50 futures at 22,092.


Markets in Asia-Pacific remained a combined bag of inexperienced and pink on Friday morning, with Japan’s Nikkei 225 persevering with its bull run for the second consecutive buying and selling session hovering 0.53 per cent and buying and selling above 41,000 ranges, whereas the Topix additionally climbed 0.64 per cent.


Nevertheless, Hong Kong’s Dangle Seng index futures had been down by 1.70 per cent at 16,580 ranges. Australia’s S&P/ASX 200 was additionally buying and selling decrease at 0.31 per cent on Thursday morning. 


In the meantime, South Korea’s Kospi was up 0.19 per cent, and the Kosdaq was down 0.03 per cent. 


In a single day within the U.S., all three main indexes hit recent highs, with each the Dow Jones Industrial Common and the S&P 500, rising 0.68 per cent and 0.32 per cent respectively. In the meantime, the Nasdaq Composite noticed a bounce of 0.20 per cent.


Shares in focus as we speak:


L&T: Larsen & Toubro, India’s largest infrastructure firm, has scheduled a board assembly on March 27 to hunt approval for fundraising actions, which can embody issuing debt.


IREDA: The Indian Renewable Vitality Improvement Company has introduced a board assembly scheduled for March 28 to debate a borrowing program of as much as Rs 24,200 crore for the fiscal 12 months 2024–25.

Tata Communications: Tata Communications obtained approval from its board of administrators for transferring its recognized new edge digital providers enterprise to its wholly-owned subsidiary, Novamesh, as a going concern by a stoop sale, for a complete of Rs 458 crore.

IT shares: Accenture has lowered its income forecast for fiscal 12 months 2024 citing international uncertainty and weak shopper spending on consulting providers. It sees full-year income development to be between 1-3 per cent, down from the sooner projection of 2-5 per cent. 

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