Asian markets traded mixed but largely higher on Wednesday, August 12, as investors remained focused on the key US consumer price index (CPI) data due later in the day, along with developments in the ongoing West Asia negotiations.
US benchmark indices extended their losing streak to a second session on Tuesday, August 11, as continued weakness in technology stocks weighed on sentiment, while rising crude oil prices added to market pressure.
Here's a table showing how US stocks performed on Tuesday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 343 | -12.84 | -3.61% | 355 | 342.57 | 404.44 | 197.46 |
Apple | 304.91 | -3.35 | -1.09% | 309.97 | 302.79 | 344.57 | 223.78 |
Meta | 599.12 | 4.2 | 0.71% | 612.43 | 592.03 | 796.25 | 520.26 |
Tesla | 332.81 | 1.93 | 0.58% | 336.2 | 329.53 | 498.82 | 297.38 |
Netflix | 74.79 | -1.5 | -1.97% | 76.9 | 74.48 | 126.71 | 65.1 |
Amazon | 272.27 | -5.82 | -2.09% | 278.84 | 271.36 | 287.16 | 196 |
Microsoft | 503.81 | -2.25 | -0.44% | 505.33 | 499.55 | 553.72 | 349.2 |
Dow Jones | 53791.85 | -184.13 | -0.34% | 54222.85 | 53746.43 | 54744.33 | 43911.31 |
Nasdaq | 29525.48 | -96.33 | -0.33% | 29705.8 | 29427.61 | 30762.2 | 22841.42 |
Source: Equitymaster
At present, the BSE Sensex is trading 92 points lower, and the NSE Nifty is trading 45 points lower.
SBIO, Tech Mahindra, Axis Bank among the top gainers today.
M&M, Titan Company, Bharti Airtel, on the other hand, are among the top losers today.
The BSE 150 Midcap index is trading 0.1% lower, and the BSE 250 SmallCap index is trading 0.1% higher.
Sectoral indices are trading mixed today, with stocks in the healthcare sector and the realty sector witnessing selling pressure. Meanwhile, stocks in the power sector and metal sector witnessed buying.
The rupee is trading at Rs 95.4 against the US dollar.
Landmark Cars Q1FY27 Performance
Shares of Landmark Cars came into focus after the company reported its Q1 FY27 results.
The company's Q1 net profit jumped 98.63% YoY to Rs 0.145 bn from Rs 0.073 bn.
Revenue grew 22.7% YoY to Rs 13.023 bn from Rs 10.617 bn.
EBITDA rose 17.9% to Rs 0.72 bn from Rs 0.61 bn. EBITDA margin stood at 5.52%, compared with 5.75% YoY.
Landmark Cars Limited is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. The company also caters to the commercial vehicle retail business of Ashok Leyland in India.
BEML Wins Major LCH Aerostructure Order
BEML Limited has secured an order worth Rs 1.84 bn from Hindustan Aeronautics Limited (HAL) for the manufacture and supply of Light Combat Helicopter (LCH) fuselage aerostructures.
The order strengthens BEML's position in India's defence manufacturing ecosystem and highlights growing domestic opportunities in aerospace and helicopter production.
BEML Ltd manufactures a wide range of heavy earthmoving equipment catering to the mining and construction industry, vehicles for defense forces and coaches for the metro and Indian Railways.
KFintech Launches AI-Powered Fraud Protection
KFin Technologies has launched Klarity, an Agentic AI solution aimed at improving signature verification and preventing fraud in financial transactions.
Klarity analyses detailed signature patterns such as pen pressure, stroke movement, angles and other micro-level characteristics to detect sophisticated forgeries while reducing false rejection of genuine signatures.
Integrated with KFin Shield, the solution can automate up to 90% of straight-through processing and route complex cases to human experts.
The technology is designed to strengthen transaction security, reduce operational losses and improve customer experience across the capital markets and BFSI sectors.
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