India’s stock indices closed lower on Wednesday as easing supply concerns weighed on metals stocks, while private banks fell after Axis Bank reported disappointing lending growth.

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Dear trader… The sales that occurred at the end of the session mainly led to the decline in Indian stock market indices on Wednesday. After a cautious start, markets managed to trade mostly on green ground for the day as traders continued to buy battered but fundamentally strong stocks. Sentiments remained optimistic after a survey by the National Council for Applied Economic Research (NCAER) showed that as the second wave of Covid-19 wore off, sentiment among businesses in

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Previous articleIndian equity benchmarks rose on Tuesday in a volatile session, driven by gains in metals and autos stocks, with investors focusing on comments from companies on the impact of rising costs of inputs on margins during a profitable week.

Nikhil Bhatt is an Individual Research Analyst registered with SEBI under the SEBI (Research Analysts) Regulation. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a way that is concise, simple and easy to understand. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non-financial community like traders, managers, investors, traders and readers. We seek to make investment decisions more objective and mature ”.

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