Earlytrend

Banks under pressure on rate hike; markets volatile

Banking stocks tanked in choppy trade after the central bank raised key short-term interest rates by an aggressive 50 basis points at a policy review today.

Market cautious over rate hike, sustained selling by FIIs

Asian stocks and US index futures rose boosted by news that Al-Qaeda leader Osama bin Laden, the perpetrator of the September 11 terrorist attacks in the US, is dead.

Nifty in tight range; Wipro down 3%

NSE Nifty continues to remain in a narrow range between 5,855 and 5,880. Wipro, post its results, has been one of the worst-performing frontline stock, down 2.79% at Rs 451.

Metal index leads rally, Airtel biggest loser