Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon Energy
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian equities ended lower on Wednesday as the Nifty 50 fell 51 points to 22,699.
- ✓Heavyweight stocks like Hero MotoCorp and Jio Platforms remain in focus for Thursday, October 29.
- ✓Ponmudi R, CEO of Enrich Money, said, "A decisive and sustained breakout above this hurdle would strengthen recovery prospects."
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 8 Minute(s)
- Market Focus
- India Economy
Synopsis
Indian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares experienced significant declines, falling more than 2%. The Nifty 50 index settled at 22,699, down 51 points, indicating ongoing resistance at 22,800. Several companies, including Jio Platforms and Hero MotoCorp, reported their quarterly earnings that impacted market sentiment.
Indian equities ended lower on Wednesday, failing to draw support from positive global cues as persistent selling in heavyweight stocks weighed on market sentiment. Information technology and oil and gas shares led the decline, with both sectors falling more than 2%.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
The Economic Times
Read the full, original unfiltered story directly on the publisher's portal.