Stock Market Live: Benchmark indices Sensex and Nifty could start slightly higher on Wednesday amid reports that Israel has likely reached a hostage release deal with Hamas in exchange for a 5-day ceasefire. At 8:20 am, the Nifty futures in Gift City were trading 20 points higher at 19,860.
Asian stocks were also tepid with Hang Seng, CSI 300 and Kospi trading up to 0.6 per cent down. Nikkei in Japan was the only gainer, up 0.5 per cent.
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Back home, some stocks on radar will be TCS after the US Supreme Court upheld punitive damages of $140 million against the company in the Epic Systems Corporation case.
Primary Market Update
That apart, FedBank Financial Services IPO in the price band of Rs 133 – Rs 140 per share; Flair Writing Industries maiden share sale in the price band of Rs 288 – Rs 304 per share and Gandhar Oil Refinery IPO in Rs 160 – Rs 169 price band also commence today.