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17 Jun, 5 tweets, 3 min read
#MarketAtClose | Market closes lower amid volatility after ‘Hawkish’ commentary from Fed.
Broader markets underperform Sensex & Nifty; Midcap index & Nifty Bank down 1% each.
Sensex falls 146 points to 52,356 & Nifty 76 points to 15,691 Image
#MarketAtClose | Nifty Bank slips 398 points to 34,605 & Midcap index 332 points to 26,776
Adani Group remains under pressure with stocks falling 5-9%
IT stocks gain in a weak trading session as rupee slips against US dollar.
#MarketAtClose | Except Federal Bank & Kotak Bank, all Nifty Bank constituents close lower.
Max Finance promoter pares 2% stake in co; Stock closes off highs. Image
#MarketAtClose | Thyrocare in focus on reports of PharmEasy eying a stake in co.
Gujarat Gas, UBL, ICICI Pru & Balkrishna Ind amongst top Midcap gainers.
#MarketAtClose | Indiabulls Hsg, M&M Fin, Ashok Leyland, REC, JSPL top Midcap losers.
Market breadth favours declines; advance-decline ratio at 1:2 Image

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More from @CNBCTV18Live

CNBC-TV18 Profile picture
18 Jun
#GlobalEye | Don Heflin of @USAndIndia To @Parikshitl: US Embassy may exceed 2019 student visa interview numbers; US government does not have a vaccine passport policy.

US colleges may want students to be vaccinated or self isolate, he adds. Image
#GlobalEye | H1B visas will be a priority after student visa process is over; Journalist visa applications are likely to qualify: Don Heflin. Image
#GlobalEye | Danish Envoy To India @FreddySvane: Vaccine passport will work like a normal passport; India is in the red category currently and have very strict limitations in place. Image
Read 4 tweets
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18 Jun
#RBIMinutes Guv Das: Agriculture is expected to be the bright spot in current year.

Govt capex, along with infra pipeline, should reignite investment cycle once restrictions eased.

As vax coverage expands, pent-up demand for contact-intensive services likely to rebound sharply. Image
#RBIMinutes | Michael Patra: Growth-inflation trade-off & policy choices consequently shifted towards increasing accommodation.

Supply conditions remained relatively resilient in the second wave.

Aggregate demand barring net exports has been dented, needs policy support.
#RBIMinutes | Mridul Saggar :First, as a baseline, inflation is expected to stay elevated from the target but below the upper tolerance level through the year.

probability distribution indicated in fan chart shows that risks of breaching upper tolerance level not insignificant Image
Read 4 tweets
CNBC-TV18 Profile picture
18 Jun
#MarketAtClose | Market closes near flatline after a sharp recovery.
HUL, HDFC Bank, RIL & Infosys lead market recovery.
Sensex, Nifty & Nifty Bank close flat while Midcap index 1% lower. Image
#MarketAtClose | Nifty falls 8 points to 15,683 & Sensex closes 33 points lower at 52,291
Nifty Bank slips 47 points to 34,558 & Midcap index 280 points to 26,496
#MarketAtClose | Adani Ports, HUL, Bajaj Auto, Bharti Airtel, Grasim & Cipla top Nifty gainers.
Metals remain under pressure as dollar index rises further; Nifty Metal down 1% Image
Read 5 tweets
CNBC-TV18 Profile picture
16 Jun
Vax scam in Mumbai's Kandivali residential area: Rajesh Pandey, employee of Kokila Dhirubhai Ambani Hospital (KDAH) involved illegally & without authorisation in this fraudulent activity

He deceitfully misused name of the hospital in concert with external individuals

*Thread* Image
Vaccination drives done by Pandey in his personal capacity without the knowledge of KDAH

He is not involved in any aspect of the COVID vaccination programme at KDAH & had no access to the CoWIN platform & supplies being used for the vaccination program or any related data
KDAH has terminated Rajesh Pandey & reported his misdemeanours

KDAH is fully cooperating with the authorities in their investigation

Alert: Residents of a residential complex in Mumbai’s Kandivali have alleged a vaccination scam
Read 4 tweets
CNBC-TV18 Profile picture
16 Jun
#MarketAtClose | Market closes lower ahead of FOMC outcome; midcaps underperform.

#Sensex Falls 267 Points To 52,506 & Nifty 102 points to 15,768.

#Nifty Bank slips 244 points to 35,004 & midcap index 256 points to 27,109. Image
#MarketAtClose | 39 Of 50 Nifty Stock Close In The Red; Adani Ports, Hindalco, Tata Steel top losers.

Adani Group Stocks Remain Under Pressure; Adani Ports Down 8%, Adani Ent 7%.

Jubilant Food slips from highs but closes in the green on a positive outlook. Image
#MarketAtClose | #Power stocks like Tata Power, NTPC gain in 2nd half of the session.

Metals fall on China’s curb on overseas commodity exposure ; Nifty Metal down 3%.

FMCG shares gain in a weak trading session; Tata Cons, Nestle top Nifty gainers. Image
Read 4 tweets
CNBC-TV18 Profile picture
5 Jun
#MaharashtraUnlock | Maharashtra Govt announces 5-level unlock plan. Most activities under level-1 and level-2 categories are allowed to function without any restrictions
#MaharashtraUnlock | Shops, malls, theatres, restaurants can function without any restrictions in cities under level-1
#MaharashtraUnlock | Private & govt offices in cities falling under level-1 and level-2 can function with 100% capacity
Read 7 tweets

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