Sensex, Nifty Subdued In Early Trade

From Nasdaq:

Indian shares started the day on a mixed note, with the benchmark S&P BSE Sensex down 155 points and the NSE Nifty index down 47 points. Several prominent stocks, including Infosys, Power Grid Corp, and Apollo Hospitals Enterprise, declined by 1-2 percent. Zomato, however, gained about 1 percent despite a Rs. 402-crore tax liability notice. SBI and Bank of Baroda saw a half percent drop after increasing interest rates on fixed deposits, while Adani Enterprises edged up after creating a joint venture named Sirius JV. Tata Coffee and Tata Consumer Products rallied 3.2 and 3 percent, respectively, following a new scheme of arrangement effective from Jan. 1, 2024.



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