The Nifty 50 remained under pressure for the third consecutive session, closing 0.6 percent lower on September 2, amid rising US bond yields, elevated oil prices and escalating tensions in West Asia. With bears gaining the upper hand, the index is now trading below all key moving averages, while momentum indicators continue to weaken. Hence, the crucial 23,800 level, which corresponds to Wednesday...

Equity benchmarks fell around half a percent on September 2, extending their decline for the third consecutive session. Market breadth remained weak, with about 2,007 shares declining against 1,214 advancing shares on the NSE. The market may attempt a rebound towards the current week’s high, but the sustainability of any gains remains uncertain amid a weak technical setup. Here are some short-te...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and appointments here’s a quick look at which stocks will be in focus in today's trade:Stocks to WatchMeeshoSoftBank Vision Fund entity SVF II Meerkat (DE) LLC is likely to sell 7 crore equity shares, representing 1.5 percent of Meesho’s paid-up equity, through a block deal. The fl...

Sun Pharmaceutical Industries shares edged higher in early trade on September 2, stabilising after a nearly 3 percent fall in the previous session, as brokerages assessed the impact of the drugmaker's Most Favored Nation (MFN) pricing agreement with the US government.The stock was trading 0.36 percent higher at Rs 1,936 in early deals after falling 2.8 percent on Tuesday. Bernstein and HSBC retain...

Shares of domestic airlines IndiGo and SpiceJet continued their losing streak on Wednesday amid rising crude oil prices and the latest hike in Aviation Turbine Fuel (ATF) prices.InterGlobe Aviation, the parent company of IndiGo, was trading at Rs 4,942.50 on the NSE at 9:31 am, down 2.17%. SpiceJet shares were trading at Rs 9.72 on the BSE, down 2.70%.On Wednesday, Brent crude jumped 1% to $95.60 ...