Stock Market closing stages in scarlet; Nifty holds 9200

The Indian stock index finished lower on Wednesday, as investors remained on the sidelines further on of the statement of  Infosys results on Thursday, while geopolitical concerns thumping to think about on the overall sentiment. The S&P BSE Sensex and the CNX Nifty fell 0.49% and 0.36%, correspondingly.

Indian index

Indian equity index overturned the previous day's gains even with affirmative global cues, as investors stayed alert ahead of the start of the March-quarter earnings season. Investors preferred to book some profit due to watchfulness ahead of the notice of Infosys income on Thursday and key macro profitable data due later on today.

At some stage in the day’s trade, the Sensex touched an intraday high of 29838.32 and an intraday low of 29549.74, while the Nifty touched an intraday high of 9246.40 and an intraday low of 8161.80. 

         For More Information Click Here - http://www.tradebizzindia.com/freetrial

Following are the stocks/sectors which were in news today:

Pincon Spirit rose 4.05% after the company announced that its Board of Directors has permitted a plan to raise money through issue of equity share warrants on a preferential basis.

Reliance Defense & Engineering fell 5.18% after the company reported a remaining hammering in Q4FY2017.

Goa Carbon jumped 14.32%, after net profit surged 1139.02% to Rs 5.08 crore on 13.16% get higher in total returns from operations (net) to Rs 76.37 crore in Q4 March 2017 over Q4 March 2016.

Sukhjit Starch & Chemicals gained 3.42%, behind the company announced that most of the approvals from the afraid the system for setting up the mega food park in Punjab have been received.

Currency market

The Indian rupee ended at 64.68/$ on Wednesday Vs Tuesday's close of 64.49/$.

Global signals

US stock index futures pointed to a higher opening on Wall Street on Wednesday.

European shares rose on Wednesday, driven by gains in Financial and Auto shares, as 1Q earnings season kicked off and a rise in the oil price underpinned Energy stocks.

Japanese stocks fell to their lowest in more than four months on Wednesday, as mounting geopolitical tensions curbed risk appetite, with exporters badly hit, as the safe-haven yen spiked to a five-month high.