The NSE Nifty index closed 243.65 points up at 17854.05

The NSE Nifty index closed 243.65 points up at 17854.05

The NSE Nifty index closed 226.35 points down at 17891.95

The NSE Nifty index was trading 172.9 points down at 17945.4

The NSE Nifty index was trading 164.85 points down at 17953.45

The NSE Nifty index closed 0.25 points down at 18118.3

The New Delhi-based company's revenue from operations climbed 12% to Rs 6,350 crore from Rs 5,670 crore a year earlier

The NSE Nifty index was trading 107.6 points up at 18135.25

UltraTech Cem., JSW Steel, Grasim Inds., NTPC and Adani Ent. were among the top losers on NSE.

The NSE Nifty index was trading 125.35 points up at 18153.0

The government's focus to build infra, support real estate demand and ambitious plans under the national infrastructure pipeline (NIP) will increase the demand for cement companies as well.

The NSE Nifty index was trading 67.1 points down at 18098.25

The NSE Nifty index closed 112.05 points up at 18165.35

"Global news flows would continue to dominate the outlook for the Indian metals sector. A faster reopening in China and stimulus has provided a new lease of life for the sector, although on ground demand improvement is still elusive. Post CNY demand would be key for further rerating," said brokerage firm CLSA.

According to global research and broking firm CLSA, the steel outlook improved while global news flows would continue to dominate outlook for the Indian metals sector. A faster reopening in China and stimulus has provided a new lease of life for the sector, although on ground demand improvement is still elusive, it said.

JTL Infra, Homesfy Realty Ltd., TVS Electronics, Indiabulls Enterprises Ltd. and Bombay Super Hybrid, hit their fresh 52-week highs at 10:55AM.

HDFC Life, Tata Motors, M&M, Adani Ent. and Eicher Motors were among the top losers on NSE.

Adani Ent., Axis Bank, JSW Steel, TCS and Hindalco were among the top losers on NSE in today's trade.

Sula Vineyards Ltd., Generic Engg, Felix Industries, Bombay Super Hybrid and Innovana Thinklabs, hit their fresh 52-week highs during the day.

The NSE Nifty index closed 61.75 points down at 17894.85

The NSE Nifty index closed 61.75 points down at 17894.85

While the recent price hikes in the regional market and expectations of better demand in Europe appear encouraging, we would wait for more clarity on stimulus measures in China and their impact on the overall steel demand, it said.

As for Hindalco, most brokerages expect the profit decline to by 30-40%. MOSL pegs reported PAT for the company in Q3 at Rs 2,100 crore, down 31.4%. Meanwhile, KIE pegs the same at Rs 1961.9 crore (down 46.4%) and ICICI Securities at Rs 1,842.5 crore (down 49.9%).

As for Hindalco, most brokerages expect the profit decline to by 30-40%. MOSL pegs reported PAT for the company in Q3 at Rs 2,100 crore, down 31.4%. Meanwhile, KIE pegs the same at Rs 1961.9 crore (down 46.4%) and ICICI Securities at Rs 1,842.5 crore (down 49.9%).

Price remain in up trend holding above the recent range breakout area and the 20 days EMA signalling positive bias.

Options data suggests a shift in a trading range in between 17600 to 18300 zones while an immediate trading range in between 17700 to 18200 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited.

​IT index is down more than 25%. So I feel that post TCS results one thing was very clear that it looks like that IT has made a bottom. I think obviously we need to look into most of the others earnings as well to get a clearer picture.

India VIX was down by 0.48% from 15.51 to 15.43 levels on Wednesday. Volatility spiked above 16 and thereafter cooled during the day. It needs to come below 14 zones for stability to resume. On the options front, the weekly maximum Call OI is placed at 18000 and then towards 18100 strikes while the maximum Put OI is placed at 17700 and then towards 17900 strikes.

Hindalco Industries, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 110324.94 Crore) operating in Metals - Non Ferrous sector.

The NSE Nifty index closed 18.45 points down at 17895.7

Hindalco Industries Ltd. is looking to sell a bond for as much as 7 billion rupees ($86 million), according to an exchange filing on Wednesday. If the transaction goes ahead, it would the firms first bond sale since 2012, Bloomberg-compiled data show.

The NSE Nifty index was trading 25.65 points up at 17939.8

The NSE Nifty index was trading 141.75 points down at 17959.45

3P Land Holdings, RKEC Projects, Geekay Wires, Varanium Cloud Ltd. and Homesfy Realty Ltd., hit their fresh 52-week highs at 10:45AM.

The NSE Nifty index was trading 124.9 points down at 17976.3

After breaking out from the downward sloping trendline on the daily chart, Religare Enterprises is consolidating during last few days, indicating relative strength in the stock. Short and medium term trend remains positive as stock price is trading above all important moving averages.

Consumer businesses are likely to drive growth for Reliance Industries. However, there is an upside risk to 02C earnings, said the note. RIL outperformed Nifty by 4% in the year 2022. The global investment bank forecasts 18% EBITDA growth in FY24E with 21% growth in retail.

See the thing is basically if you look at the valuations of metal companies whether it is Tata Steel, Hindalco, Jindal Steel, they are all trading at extremely low valuations so that is not an issue. It is only the outlook for demand which is the concern. Now will China come out of COVID or not has been a big concern and the volumes coming out of China also make a big difference.

The NSE Nifty index closed 189.6 points down at 18042.95

JSW Steel, Hindalco, Coal India Ltd, Tata Steel and ONGC were among the top losers on NSE in today's trade.

The NSE Nifty index closed 189.6 points down at 18042.95

Alkali Metals, TVS Electronics, BLB Ltd., Lambodhara Text and SecUR Credentials, hit their fresh 52-week highs during the day.