MARKET UPDATE:Sensex dipped 80 points at 39,500 levels and the Nifty hovered below the 11,650-mark

Published On: Wednesday, October 7, 2020 | By: Team KnowMyStock

The markets in India opened flat with a negative bias today(7th October 2020), amid mixed cues from other Asian markets. Among the headline indices, the S&P BSE Sensex dipped 80 points at 39,500 levels and the Nifty50 index hovered below the 11,650-mark. Bajaj Finance dipped 3 percent and was the top Sensex drag after it gave a business update for the quarter ended September 2020. Besides, IndusInd Bank and Bajaj Finserv also slipped 2 percent each. On the other hand, Reliance Industries gained 1 percent after announcing that the Abu Dhabi Investment Authority would invest Rs 5,512 crore into Reliance Retail Ventures for a 1.2-per cent stake. TCS was also trading 1 percent higher ahead of its September quarter results announcement. The trend among Nifty sectoral indices was largely negative, led by the Nifty Private Bank index, down 1 percent.

TCS is among the five companies scheduled to announce their September quarter earnings today. The IT major will also consider share buyback today.

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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