Market Bizzz

Adani Wilmar has been included in Nifty Next 50 and Nifty 100 indices, whereas Adani Power will now be part of Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices

​Primary dealers were forced to take Rs 8,254 crore out of the Rs 12,000 crore bonds auctioned at 7.34% yield after the RBI rejected bids for that amount

The FMCG on Friday signed a deal with Singapore-based Reactivate Brands International to divest the two brands in the “atta and salt” categories of the foods business for Rs 60.4 crore

Brent crude futures dropped 49 cents, or 0.6%, to $84.65 per barrel by 0105 GMT, while U.S. West Texas Intermediate (WTI) crude futures shed 46 cents, also a 0.6% loss, to $78.03. Both benchmarks were headed for a weekly decline of about 2%.

Two Fed officials said on Thursday the U.S. central bank likely should have lifted interest rates more than it did earlier this month, and warned that additional hikes in borrowing costs are essential to lower inflation back to desired levels.

Williams on Tuesday sounded a touch more hawkish note, and said that ending 2023 with the benchmark overnight interest rate between 5.00% and 5.50% “seems to be the right kind of framing” for the policy outlook.