Indices closed lower on Tuesday as investors chose to book profit ahead of the monthly expiry and Fed meeting. Nifty fell 0.88 per cent to close below the 16,500 mark while Sensex lost about 500 points.

It is mainly engaged in the business of lending and has a diversified portfolio across retail, SME, and commercial customers.

At 11.30 am on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally higher.  

Despite weak global indications, the Indian markets are trading in the green, driven by widespread purchasing. High selling pressure was observed in the metals sector. Today, the index declined by more than 2 per cent. However, the market was driven higher by the auto, FMCG, and bankex sectors. In today's trading session, the shares of CE Info Systems (MapmyIndia) increased by 5 per cent.

  At market close on Tuesday the core equity indices, i.e. Sensex and Nifty 50 ended on a slightly ,lower side after opening in the green in the morning session.

Today, high Volume trading was seen in stocks like TCS, Bajaj Finance, State Bank of India, Tata Steel and HDFC Bank.

The Sensex has recovered from the morning losses and is trading higher by 193 points at 53,040 at 11.08 am. 

Dalal Street had a very bad start to the week on Monday morning as the market fell over 2.5 per cent, tracking global peers. Other factors responsible for such a fall include the US inflation print, which was released on Friday; stoking fears of more aggressive interest rate hikes by Federal Reserve as well as investors’ fear in anticipation of Indian inflation data, due today.  

At 2.30 pm on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading at the day’s low, with the markets reacting to the global markets.  

The global markets plunged 3 per cent as the fears of an impending recession were confirmed by the inflation data, released by the US for the month of April.