Moneycontrol PRO
X

business

Stock Market Live: Nifty consolidates near 18,000; realty, PSU banks drag | Mid-day Mood Check

Nifty trades near 18,000 as market slips on profit-booking amid weak global cues. IT and realty sectors are among the tp sectoral laggards today. Nestle emerges as the top Nifty loser after the management says volumes moderated on the back of price hikes in low unit packs. Energy and metal shares upbeat; ONGC, Tata Steel among gainers today. Meanwhile, there could be a takeover battle brewing between auto ancillary companies Minda Corp and Pricol. This morning a large deal took place in Pricol and sources indicate Minda could have been the buyer. Get a lowdown on all the market action in this mid-day market mood check between Nandita Khemka and Yatin Mota!

first published: Feb 17, 2023 12:28 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347