Indian stocks wavered in subdued trading on Wednesday as investors evaluated geopolitical uncertainties and awaited significant developments from Nvidia’s earnings report and a crucial U.S. inflation metric.The S&P BSE Sensex inched up by 16 points to settle at 81,728, while the NSE Nifty index dipped slightly by 3 points to close at 25,014.HCL Technologies, ONGC, and Hero MotoCorp each declined by approximately 1%. Meanwhile, LTIMindtree surged 3.2% following the Karnataka High Court’s decision to stay a tax order amounting to ₹378 crore.IndusInd Bank, Mahindra & Mahindra, and BPCL all saw gains of around 1%.Bharti Airtel remained fairly stable as the company announced a partnership with Apple, set to offer exclusive deals for Apple Music and Apple TV+ to Indian customers later this year.Reliance Industries experienced a modest increase in anticipation of its Annual General Meeting (AGM).ICICI Prudential Life Insurance Company saw a 0.5% decrease after receiving a ₹429.05 crore GST demand notice for the fiscal year 2020.NBCC soared by 6.2% ahead of a board meeting scheduled for August 31 to discuss a potential bonus issue. PNC Infratech rose by 1% after securing a highway and bridge project worth ₹380 crore from the National Highways Authority of India (NHAI).Zydus Lifesciences advanced by 1.6% after gaining final FDA approval to market Amantadine extended-release capsules.Wipro saw a 0.5% gain following the expansion of its collaboration with Dell Technologies.The material has been provided by InstaForex Company – www.instaforex.com
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