
📉 Stock Market LIVE | Midday Update
- 🔻 Markets in red amid mixed global cues
- 🕛 At 12:18 PM:
- 📉 Sensex down 328 pts at 82,186
- 📉 Nifty slipped 107 pts to 25,034
- 🌍 Global impact: Mixed signals despite better-than-expected U.S. inflation
- 📊 Headline CPI at 2.4%, Core CPI at 2.8%
- 💸 Eased fears of aggressive rate hikes, supporting rate-sensitive sectors
- 🇮🇳 Domestic earnings strong:
- 💼 India Inc Q4 results solid
- 📈 Motilal Oswal: Corporate profit-to-GDP ratio at 17-year high of 4.7% for FY25
- 🧮 Valuations steady:
- 🏦 HSBC Mutual Fund notes Nifty trades at 20.4x forward PE, close to 5-year average