At 2.30 pm on Thursday, the markets were seen recovering from the day’s low as Asia- Pacific markets tumbled following the overnight cooling off of the most recent Wall Street rise.  

At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading flat, owing to weak global cues.    

The shares in Asia Pacific markets are trading lower after Wall Street ended its five-day winning rally as Federal Reserve again warned that it will monitor the inflation data and market conditions closely in order to decide the next pace of tightening despite the cooling of inflation levels in the month of July.   

The shares of Vishnu Chemicals peaked at Rs 1,920 on Thursday morning, registering a new 52-week high price.   

The shares witnessed a spurt in volume by 5.42x on Wednesday and have been locked in the upper circuit for three consecutive sessions!  

The stock has been witnessing price volume breakouts since the beginning of this month. It has zoomed 59.05 per cent in just one month! The shares of Tinna Rubber & Infrastructure Ltd also locked in the 10 per cent upper circuit on Wednesday morning. 

The shares in Asia Pacific markets were seen gaining as Japan’s export data for July came out better at 19 per cent, beating the analysts’ estimates. Nikkei Composite is trading higher by 1.17 per cent whereas China’s Shanghai Composite is trading flat, owing to good earnings results by food giant Meituan. Bank of New Zealand has increased its lending rate by 50 basis points to 3 per cent in order to curb inflation. 

The company, which exports to over 50 leading stores worldwide and gets 90 per cent of its income from the global market, is Faze Three Limited. With a market capitalisation of Rs 1,015 crore, this small-cap company has caught the eye of Ace investor Ashish Kacholia.  

The core equity indices, Sensex and Nifty 50 are seen continuing their five-day winning streak on the back of strong economic data released by the government.The retail inflation, measured by Consumer Price Index (CPI) eased to a five-month low of 6.71 per cent in the month of July down from 7.01 per cent in June thereby, successfully complementing the rate hikes carried out by RBI since May 2022. 

At 11.15 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 are trading higher on the bourses as India's CPI inflation data came out better than expected by the economists.

At 2.30 pm on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 are trading higher on the bourses since the US inflation data came out better at 8.5 per cent than the expected 8.7 per cent by the analysts.  

In India, our big brands showcased sustained growth and got bigger supported by our new go-to-market model,and whilst doing so we also upped our focus on the new product; emphasizes Lakshay Kataria, Chief Financial Officer, J B Chemicals & Pharmaceuticals Ltd.