AIRLINK 75.39 Increased By ▲ 1.69 (2.29%)
BOP 4.89 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.43 Decreased By ▼ -0.09 (-1.99%)
DFML 43.45 Decreased By ▼ -1.43 (-3.19%)
DGKC 84.65 Decreased By ▼ -0.85 (-0.99%)
FCCL 21.30 Decreased By ▼ -0.10 (-0.47%)
FFBL 32.40 Decreased By ▼ -0.11 (-0.34%)
FFL 9.53 Decreased By ▼ -0.06 (-0.63%)
GGL 10.10 Decreased By ▼ -0.17 (-1.66%)
HASCOL 6.98 Decreased By ▼ -0.15 (-2.1%)
HBL 114.59 Decreased By ▼ -0.11 (-0.1%)
HUBC 139.19 Increased By ▲ 0.09 (0.06%)
HUMNL 12.16 Decreased By ▼ -0.26 (-2.09%)
KEL 4.96 Decreased By ▼ -0.07 (-1.39%)
KOSM 4.40 Decreased By ▼ -0.05 (-1.12%)
MLCF 37.25 Decreased By ▼ -0.35 (-0.93%)
OGDC 134.11 Decreased By ▼ -2.69 (-1.97%)
PAEL 25.32 Decreased By ▼ -0.07 (-0.28%)
PIBTL 6.64 Decreased By ▼ -0.05 (-0.75%)
PPL 119.30 Decreased By ▼ -1.70 (-1.4%)
PRL 26.36 Decreased By ▼ -0.23 (-0.86%)
PTC 13.79 Decreased By ▼ -0.31 (-2.2%)
SEARL 57.00 Decreased By ▼ -0.30 (-0.52%)
SNGP 66.90 Decreased By ▼ -1.10 (-1.62%)
SSGC 10.40 Decreased By ▼ -0.02 (-0.19%)
TELE 8.34 Decreased By ▼ -0.11 (-1.3%)
TPLP 10.90 Decreased By ▼ -0.08 (-0.73%)
TRG 62.89 Decreased By ▼ -0.45 (-0.71%)
UNITY 27.00 Decreased By ▼ -0.05 (-0.18%)
WTL 1.36 Decreased By ▼ -0.02 (-1.45%)
BR100 7,917 Decreased By -24.1 (-0.3%)
BR30 25,407 Decreased By -240.9 (-0.94%)
KSE100 75,368 Decreased By -149.2 (-0.2%)
KSE30 24,197 Decreased By -80.4 (-0.33%)

BENGALURU: Indian shares swung to losses on Wednesday as the market registered its slowest trading day on record, ahead of the release of the Reserve Bank of India’s (RBI) latest policy meeting minutes and key US macroeconomic data.

The Nifty 50 index closed 1.01% lower at 18,199.10 and the S&P BSE Sensex fell 1.03% to 61,067.24. Both benchmarks had risen nearly 0.5% during the session.

Trading volume on the Nifty 50 was at 187,594,000, when markets closed, the lowest ever on record, according to Refinitiv data.

“Dullness is expected and will likely continue till the year-end as foreign institutional investor activity dies down around this time of the year,” said G Chokkalingam, founder, Equinomics Research & Advisory.

The focus is now on the RBI minutes, as investors seek to understand its assessment of inflation and growth.

The central bank, in its monthly bulletin on Tuesday, said inflation “may be slightly down, but it is certainly not out,” but sounded optimistic about the near-term economic growth outlook.

Comments

Comments are closed.