Stocks closed lower on Friday as Reliance Industries, HDFC Bank, and Infosys weighed on the benchmarks. Yet a handful of names bucked the trend. Yes Bank rose on expectations of new funding, CG Power gained after launching OSAT, and Relaxo Footwear surged amid renewed optimism around GST developments.
Indian equity markets ended lower on Monday as Reliance Industries, Wipro, and ICICI Bank weighed on benchmarks following Q3 earnings. Trading was turbulent in a set of eight stocks, with sharp swings tied to quarterly results, acquisitions, and guidance updates. Netweb Technologies and Hindustan Zinc rose, while banking and IT names pulled back.
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