Thank you, readers! That's all from CNBCTV18.com's live market coverage on April 21, 2023. Stay tuned for other updates on our website: CNBCTV18.com.

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Apr 21, 2023 3:54 PM

Stock Market Update | Geojit's Vinod Nair on markets

"Mounting uncertainty in both global and domestic markets has kept Indian equities highly volatile. Weak signals of a softening job market and declining manufacturing activity in the US have raised fears of a possible recession. Despite the RBI MPC’s unanimous decision to pause rates, its minutes revealed that its members continue to hold concerns about high inflation. However, the market received some support towards the closing bell from the IT and FMCG sectors, facilitating its recovery," says Vinod Nair, Head of Research at Geojit Financial Services.

Apr 21, 2023 3:53 PM

Market Update | Market this Week

IT majors Infosys and TCS reporting weak earnings drag market, Sensex and Nifty slip one percent each

Nifty IT falls five percent to record biggest weekly fall since December 2022

31 Nifty stocks post losses this week, Infosys, Tech Mahindra, UltraTech top losers

Nestle, BPCL, ITC, Asian Paints, Coal India and SBI are top Nifty gainers

LTIMindtree, Tata Chem, Shree Cem, TVS Motor, Zee Ent are top Midcap losers

Bandhan Bank, HPCL, Voda Idea, NCC, Page Ind are top midcap gainers

Apr 21, 2023 3:40 PM

Market at Closes | Sensex, Nifty 50 end rangebound session flat

Sensex rises 23 points to 59,655 while Nifty closes unchanged at 17,624

Nifty Bank falls 152 points to 42,118 and Midcap index 132 points to 31,087

Reliance closes higher while ICICI Bank slips ahead of Q4 earnings

Insurance stocks see selling pressure after March updates, HDFC Life top loser

Tech Mahindra slips two percent while Mphasis recovers to close flat on brokerage downgrade

Metal stocks slip as global prices fall, Tata Steel top loser with a cut of two percent

ITC continues its gaining momentum, rises two percent to hit life high

IT stocks see relief rally with TCS and Wipro gaining the most amongst Nifty stocks

HCL Tech reports earnings in-line with estimates, stock ends with a gain of one percent

Oberoi Realty falls over four percent despite strong Q4 numbers, other realty stocks fall too

TVS Motor extends Thursday’s losses, down six percent for the week

Cement stocks remain under pressure ahead of earnings, Dalmia Bharat top loser

Market breadth favours declines, advance-decline ratio at 2:3

BSE companies erase market cap of Rs 40,000 crore on Friday

Apr 21, 2023 3:38 PM

Rupee Close | Rupee closes at 82.09 vs the US dollar

Apr 21, 2023 3:34 PM

Share Market Update |Prakash Diwan on reality

"It's in a great spot. People who have very clear identified assets being built up there and inventory buildup there will benefit. Focus on pockets like the NCR or maybe Delhi. Those are areas where there is still a lot of pent up demand and very less supply unlike Bangalore and Hyderabad and things like that. So I think you can choose a lot saliently but real estate is definitely something we should look at," says market expert Prakash Diwan.

Apr 21, 2023 3:30 PM

Market News | Hindustan Zinc reports March quarter numbers

The company reports a net profit of Rs 2,583 crore against the CNBC-TV18 estimate of Rs 2,465 crore.

Here's how the numbers have fared:

Apr 21, 2023 3:18 PM

Stock Market Update | A 74% surge over the last 12 months

Yet this footwear stock is 35% away from its 52-week high (Read more)

Apr 21, 2023 3:02 PM

ICICI Bank Q4FY23 preview | Highest NII growth rate in 8 years expected

ICICI Bank, one of India's leading private sector banks, is all set to announce its Q4FY23. CNBC-TV18 poll suggests NII growth of nearly 36 percent year-on-year and about 4 percent sequentially. Profit growth is expected to come in at 28 percent year-on-year and 8 percent sequentially. (Read more)

Apr 21, 2023 2:54 PM

Stock Market Update | Private life insurers sulk despite higher March premiums

Even ICICI Prudential Life Insurance dropped despite a strong quarterly earnings. While it fell intraday by 3.7 percent, HDFC Life, Maxi Financial Services and SBI Life dropped by 2.66 percent, 2.07 percent and 1.9 percent respectively on the Bombay Stock Exchange (BSE). (Read more)

Apr 21, 2023 2:30 PM

Nifty 50 Update | Reliance Industries to announce FY23 fourth-quarter results — revenue expected to go up 8.5%

Reliance Industries is set to disclose its Q4 FY23 results on April 21, Friday. It is projected that revenue will increase by approximately 8.50 percent compared to the previous quarter, while EBITDA may increase by approximately 5.2 percent and margins may be slightly under pressure compared to Reliance's performance in the previous quarter. (Read more)

Apr 21, 2023 2:28 PM

Share Market Update | Heranba Industries Gains Most Since Listing

- Shares trading 12.5 percent higher at Rs 368.05

- Biggest single-day gain since listing in March 2021

- Snaps three-day losing streak

- Still trading 45 percent below its 52-week high of Rs 670

- Shares are down 26 percent year-to-date

Apr 21, 2023 2:12 PM

Stock Market Update | Nifty 50 Fights To Hold Monday's Low

- Sensex, Nifty 50 continue to trade in a range

- Sensex is down 30 points

- Nifty 50 broke below Monday's low of 17,574 to fall to 17,554. However, it has recovered from those levels and is back above 17,600

- Nifty Bank is down close to 200 points

- Nifty Metal, Realty, PSU Bank and Auto indices are down over a percent each

- ITC remains the top Nifty 50 gainer, up 1.6 percent. It has also become the seventh most valued firm in India today

- HDFC Life and Hindalco are the top losers on the Nifty 50

- Tech Mahindra falls over 2 percent after its second downgrade in four days

Apr 21, 2023 2:04 PM

Stock Market News | Here’s why Bernstein brought back Reliance Industries to its India portfolio within three months

RIL shares have fallen nine percent in calendar year 2023 so far. Over the past one year, the stock has dropped nearly 16 percent compared with around a 3 percent rise in the benchmark Sensex. (Read more)

Apr 21, 2023 1:35 PM

Market Update | Nifty Bank is down 250 points

The Nifty Bank index is trading at 42,001.15, down 268.35 or 0.6 percent. Barring Kotak Mahindra Bank and Bandhan Bank, which are up 0.5 percent each, all index stocks are trading with losses. AU Bank, Bank of Baroda and PNB, down 1.4 to 1.9 percent, are the top index losers.

Apr 21, 2023 1:25 PM

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