As investors await the minutes of the US Fed’s latest policy meeting due later today, domestic equities started flat, but turned sharply lower in Wednesday’s intraday deals.
The S&P BSE Sensex touched a day’s low of 60,633, down over 600 points or 1%, while the Nifty50 fell over 150 points, or 1%, to 18,037.
The BSE MidCap and SmallCap indices both fell up to 1 percent. All sectors also plunged. The Nifty Metal and Realty indices both fell over 1 percent.
At the end of December 31, 2022, IndusInd Bank’s net advances totaled Rs 2.7 trillion, up 19% year-on-year (YoY).
The shares of Avenue Supermarts (DMart) fell 1.4%, even as the company’s standalone revenue from operations for the quarter ended December 31, 2022 (Q3FY23) was Rs 11,304.58 crore, up from Rs 9,065.02 crore.
Australia’s S&P/ASX 200 was up 1.30 per cent, while the Nikkei 225 in Japan fell 1.1 per cent. South Korea’s Kospi rose 0.79 per cent, while the Kosdaq rose 0.52 per cent. Investors await the US Job Openings and Labor Turnover Survey, as well as the minutes of the Fed’s latest policy meeting due later today.