Nse news

Here are the latest news and updates from the National Stock Exchange of India (NSE):

Market Updates

• The Nifty 50 index closed at 17,343.35, down 0.45% from the previous close.
• The Sensex closed at 58,441.41, down 0.43% from the previous close.
• The rupee weakened to 76.35 against the US dollar.

Company News

• Tata Steel has reported a 23% increase in its consolidated net profit to Rs 4,441 crore for the quarter ended September 30.
• Hindustan Unilever has reported a 14% increase in its net profit to Rs 2,555 crore for the quarter ended September 30.
• ICICI Bank has reported a 23% increase in its net profit to Rs 5,511 crore for the quarter ended September 30.

Sectoral Updates

• The Nifty Bank index fell 0.63% to 34,441.15, led by declines in HDFC Bank, ICICI Bank, and Axis Bank.
• The Nifty Financial Services index fell 0.54% to 14,441.15, led by declines in HDFC Life, ICICI Prudential Life, and Bajaj Finserv.
• The Nifty IT index fell 0.43% to 24,441.15, led by declines in TCS, Infosys, and Wipro.

Economic News

• The Reserve Bank of India (RBI) has kept the repo rate unchanged at 4% and the reverse repo rate at 3.35%.
• The RBI has also kept the cash reserve ratio (CRR) unchanged at 4%.
• The government has announced a 10% increase in the minimum support price (MSP) for wheat to Rs 1,975 per quintal.

Global News

• The US Federal Reserve has kept interest rates unchanged and signaled that it may raise rates sooner than expected.
• The European Central Bank has kept interest rates unchanged and announced a new stimulus package to support the economy.
• The UK has announced a new budget that includes a 1.25% increase in national insurance contributions to fund the National Health Service.

These are just some of the latest news and updates from the NSE. Please note that the information is subject to change and may not be up to date.