MARKET UPDATE:Sensex hovered around 38,400 levels;Nifty around 11,350-mark

Published On: Tuesday, September 8, 2020 | By: Team KnowMyStock

The equity markets in India fluctuated between minor gains and losses today (7th sept.2020) despite firm cues from Asian indices as investors turned cautious on geopolitical concerns. According to reports, incidents of firing were reported overnight on the Line of Actual Control in Eastern Ladakh sector where troops of India and China have been engaged in a stand-off for over three months. The S&P BSE Sensex hovered around 38,400 levels, and the Nifty50 index was around the 11,350 mark. Powergrid (down 1%) was the top Sensex loser, followed by Nestle, Titan, and HDFC (all down over half a percent). Bharat Dynamics plunged 12 percent as the government is set to sell a 15 percent stake in the defense company through an offer for sale today and tomorrow at a floor price of Rs 330 per share. The trend among the Nifty sectoral indices was largely negative, with the Nifty PSU Bank index, down half a percent, leading the list of losers.

In the broader market, the S&P BSE MidCap and SmallCap indexes were trading marginally higher.

Thirty-eight companies including SML Isuzu and Future Consumer are set to announce their June quarter earnings 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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