Tag: down

Closing Bell: Sensex down 289 points, Nifty at 17076.90

Thursday, March 23, 2023
At close, the Sensex was down 289.31 points or 0.50% at 57,925.28, and the Nifty was down 75.00 points or 0.44% at 17,076.90, as investors juggled between the US Federal Reserve's interest rate decision and weekly F&O expiry. The top gainers on the Nifty 50 were Hindalco, Maruti, Nestle India, ONGC, and Tata Motors while the losers were SBIN, Bajaj Auto, Kotak Bank, HCL Tech, and Asian Paints. About 1428 shares advanced, 1983 shares declined, and 127 shares were unchanged. The BSE MidCap and SmallCap indices fell 0.45 percent and 0.15 percent. A mixed trend saw on the sectoral front, with the realty, bank, information technology, and PSU bank down 0.5-1 percent, while buying saw in the metal, FMCG, and power names.

Closing Bell: Sensex down 897 points, Nifty at 17154.30

Monday, March 13, 2023
At close, the Sensex was down 897.28 points or 1.52% at 58,237.85, and the Nifty was down 258.60 points or 1.49% at 17,154.30. The SVB crisis saw banking shares take a knock, while other sectoral indices too succumbed to the selling pressure. IndusInd Bank, SBI, Tata Motors, M&M, and Eicher Motors were among the major losers on the Nifty, while gainers were Tech Mahindra and Apollo Hospitals. Bank Nifty declined 2.27%, at 39,564, down by over 920 points. The broader markets closed largely in red, with Nifty Midcap losing 2% and Nifty Smallcap 50 sliding 2.26%. The volatility gauge, India VIX, soared 20.89%. Sectorally, Nifty Media, Nifty Auto, Nifty PSU Bank, and Nifty Private Bank were the top losers, falling up to 2.87%.

Closing Bell: Sensex down 671 points, Nifty at 17412.90

Friday, March 10, 2023
At Close, the Sensex was down 671.15 points or 1.12% at 59,135.13, and the Nifty was down 176.70 points or 1% at 17,412.90 as equity markets roiled in global sell-off as the contagion effect of overnight selling in the US markets, especially bank stocks, dented sentiment. About 1404 shares advanced, 2021 shares declined, and 102 shares were unchanged. The top losers on the NSE Nifty 50 index are Adani Enterprises, IndusInd Bank, HDFC Bank, HDFC, and ICICI Bank. While gainers were Tata Motors, NTPC, Maruti Suzuki, Britannia Industries, and BPCL.Index-wise, the Nifty PSU Bank index declined 2.2 percent, while the Nifty Bank and Private Bank indices fell 1.8 percent each. While the power index rose 1 percent.The BSE midcap and smallcap indices are down 0.5 percent each.

Closing Bell: Sensex down 326 points, Nifty at 17303.95

Tuesday, February 28, 2023
At Close, the Sensex was down 326.23 points or 0.55% at 58,962.12, and the Nifty was down 88.70 points or 0.51% at 17,304. The top gainers on the Nifty 50 were Adani Enterprises (up 14.90%), Adani Ports (up 5.11%), Asian Paint (up 3.02%), Britannia (up 1.08%), and Mahindra & Mahindra (up 1.43%) while Cipla (down 4.67%), Hindalco (down 3%), Dr. Reddy (down 2.42%), ONGC (down 2.09%) and Reliance Industries Ltd (down 2.02%) were the losers. About 1683 shares have advanced, 1677 shares declined, and 130 shares are unchanged. Sectorally, the BSE Metal index shed 2.4 percent. The Oil & Gas and Energy indices dropped 1.4 percent each, and the Healthcare index weakened by a per cent. The BSE Realy index, however, gained 1.2 per cent. The BSE Midcap and Smallcap indices finished with gains of around 0.5 per cent each. The overall breadth was neutral, with a near-equal number of gainers and losers on the BSE.

Closing Bell: Sensex falls 142 , Nifty at 17465.80

Friday, February 24, 2023
At Close, the S&P BSE Sensex fell 142 points, or 0.24 percent, to close at 59,464, while the Nifty50 declined 45 points, or 0.26 percent, to end at 17,466, as growth concerns, amid fears of elevated interest rates, hurt sentiment. The top gainers on Nifty were ONGC, Adani Ports, Asian Paint, Divis Lab, and Apollo Hospital while the losers were Adani Enterprises, Hindalco, Mahindra & Mahindra, JSW Steel, and Tata Steel. In the broader markets, the BSE MidCap index dipped 0.17 per cent, and the BSE SmallCap index eased 0.15 per cent. Sectorally, the Nifty Metal index plunged 3 per cent, followed by the Nifty PSU Bank index (down 0.8 per cent), and the auto index slipped 1 percent. The Bank Nifty also breached the important level and closed below 39950.

Closing Bell: Sensex down 139 points, Nifty at 17511.25

Thursday, February 23, 2023
At Close, Sensex closed 139.18 points lower at 59,605.80. Nifty closed 43 points lower at 17,511.30, The top gainers on Nifty were Hindalco, Coal India, Axis Bank, JSW Steel, and Tata Motors while the top losers were Asian Paints, Larsen & Toubro, Titan, Divis Lab, and IndusInd Bank.About 1570 shares advanced, 1776 shares declined, and 152 shares were unchanged. Among sectors, the Nifty Media index shed 2 percent, and realty and power stocks top losers, On the upside, the Nifty FMCG index ended 0.26 percent higher.In the broader markets, the BSE MidCap index dipped 0.4 percent, while the BSE SmallCap index added 0.06 percent. Nifty could fall to 17,035-16,600 if it closes below 17,500 or breaks 17,350.

Closing Bell: Sensex down 18.82 points, Nifty at 17826.70

Tuesday, February 21, 2023
At Close, the Sensex was down 18.82 points or 0.03% at 60,672.72, and the Nifty was down 17.90 points or 0.10% at 17,826.70, as equity markets were extremely volatile on Tuesday as investors sold rallies at a higher level. Adani Enterprises, Apollo Hospitals, Coal India, Bajaj Auto, UPL, Sun Pharma, Tata Motors, HDFC Life, Ultratech Cement, TCS, and Wipro were the top laggards, falling in the range of 1 percent to 3.5 percent. About 1432 shares have advanced, 1939 shares declined, and 138 shares are unchanged. In the broader market, the BSE MidCap index fell 0.21 percent, and the BSE SmallCap eased 0.31 percent. Among sectors, the Nifty PSU Bank index declined 1.9 percent, leading the list of losers. The Nifty FMCG index was the only gainer with modest gains of 0.19 percent.

Closing Bell: Sensex down 311 points, Nifty at 17844.60

Monday, February 20, 2023
At Close, the Sensex was down 311.03 points or 0.51% at 60,691.54, and the Nifty was down 99.60 points or 0.56% at 17,844.60 as Sell-off engulfed equity markets in the second half of the session with banking and financial services stocks taking the deepest plunge. The top gainers on the Nifty 50 were Divis Lab, UltraTech Cement, Tech Mahindra, Power Grid, and Hindalco while Adani Enterprises, Cipla, Britannia, BPCL, and UPL were the top losers. About 1370 shares have advanced, 2118 shares declined, and 155 shares are unchanged. In the broader market, the S&P BSE MidCap and SmallCap indices outperformed the benchmarks as they fell 0.12 percent and 0.16 percent, respectively. Among sectoral indices, the Nifty PSU Bank index fell over 1 percent, followed by the Nifty Bank, Financial Services, Private Bank, and Realty indices dipped 0.9 percent each. The Nifty IT index, on the other hand, gained 0.54 percent.

Closing Bell: Sensex down 251 points, Nifty at 17770.90

Monday, February 13, 2023
At Close, the Sensex was down 250.86 points or 0.41% at 60,431.84, and the Nifty was down 85.60 points or 0.48% at 17,770.90, as investors adopted a cautious approach ahead of the key inflation numbers in India and the US. The top gainers on Sensex were Titan, Larsen & Toubro, NTPC, Bajaj Auto, and Eicher Motors while the losers were Adani Enterprises, Adani Ports, State Bank of India, Infosys, and Apollo Hospitals. About 1235 shares have advanced, 2261 shares declined, and 160 shares are unchanged. Among sectors, except capital goods, all other sectoral indices ended in the red. Back home, the broader markets ended with deeper cuts. The BSE Midcap and Smallcap indices were down over a percent each. The overall breadth too was fairly negative, with nearly two declining stocks for every advancing share on the BSE.

Clsoing Bell:Sensex down 220.86 points, Nifty at 17721.50

Tuesday, February 7, 2023
At Close, Sensex is down 220.86 points or 0.37 percent at 60,286.04. Nifty is down 43.10 points or 0.24 percent at 17,721.50, as stock-specific action dominated the market mood. Besides, nervousness ahead of the Reserve Bank of India's interest rate decision added to the volatility. The top gainers on the Nifty 50 were Adani Enterprises, Dr Reddy, and Adani Ports while the losers were Tata Steel, Hindalco, and ITC. About 1559 shares have advanced, 1854 shares declined, and 124 shares are unchanged. In the broader markets, the BSE MidCap index added 0.02 percent, and the BSE SmallCap index dipped 0.17 percent. Among sectors, the Nifty FMCG index slipped 1.16 percent, followed by the Nifty Auto index (down 1 percent). The Nifty Realty added 0.88 percent.

Closing Bell: Sensex down 335 points, Nifty at 17764.60

Monday, February 6, 2023
At Close, the Sensex was down 334.98 points or 0.55% at 60,506.90, and the Nifty was down 89.40 points or 0.50% at 17,764.60. Divis Labs, JSW Steel, Hindalco, Tata Steel, Kotak Bank, Eicher Motors, Infosys, Adani Enterprises, HDFC Life, ICICI Bank, M&M, Ultratech Cement, Tata Motors, and RIL were the top large-cap laggards. On the contrary, Adani Ports, IndusInd Bank, BPCL, Power Grid, Cipla, ITC, Hero MotoCorp, Bajaj Finance, and Apollo Hospitals were the lead winners. About 1850 shares have advanced, 1653 shares declined, and 185 shares are unchanged. Among sectors, the Nifty Metal index fell 2.2 percent, followed by the Nifty IT index (down 0.6 percent), and the Nifty Bank index (down 0.3 percent). The Bank Nifty rose 46.95 pts or 0.11% to 41,546.65 Meanwhile, the broader markets outran their frontline peers as the BSE MidCap and SmallCap indices advanced 0.75 percent and 0.49 percent, respectively.

Closing Bell: Sensex ends 224 pts higher, Nifty at 17610.40

Thursday, February 2, 2023
At Close, the Sensex was up 224.16 points or 0.38% at 59,932.24, and the Nifty was down 5.90 points or 0.03% at 17,610.40, as investors remained wary of the deep selloff in Adani Group stocks, despite an overall positive Budget 2023 tone. Britannia, ITC, IndusInd Bank, Hindustan Unilever, and Infosys were the top gainers while Adani Enterprises, Adani Ports, UPL, HDFC Life, and Eicher Motors were the laggards. About 1637 shares have advanced, 1759 shares declined, and 122 shares are unchanged. Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.5 percent. Sectorally, Nifty FMCG and Nifty IT indices were the best sectoral gainers, gaining up to 2 percent. On the flipside, the Nifty Metal index was the worst sectoral performer as it sank over 4 percent.

Closing Bell: Sensex gains158 points, Nifty at 17616.30

Wednesday, February 1, 2023
Benchmark indices ended on a mixed note in the highly volatile session on February 1.At Close, the Sensex was up 158.18 points or 0.27% at 59,708.08, and the Nifty was down 45.90 points or 0.26% at 17,616.30. The top gainers on the Sensex were Power Grid, ICICI Bank, State Bank of India, Kotak Bank, and HDFC while the top losers were ITC, Sun Pharma, Adani Enterprises, Adani Ports, and IndusInd Bank. About 1241 shares have advanced, 2193 shares declined, and 106 shares are unchanged. Among sectoral indices, the Nifty PSU bank index crashed 9 percent, while the Nifty Metal index tumbled 5.6 percent. The Nifty Bank, Auto, Financial Services, Private Bank, and Realty indices fell over 2 percent each. In the broader markets, the BSE MidCap and SmallCap indices cracked up to 1.5 percent.

Closing Bell: Sensex down 774 points, Nifty at 17891.95

Wednesday, January 25, 2023
At Close, the Sensex was down 773.69 points or 1.27% at 60,205.06, and the Nifty was down 226.30 points or 1.25% at 17,892, as equity markets succumbed to severe selling pressure on Wednesday led by losses in financial stocks and the monthly F&O expiry that weakened investor sentiment. Adani Ports, SBI, IndusInd Bank, HDFC Bank, and Cipla were among the biggest losers on the Nifty, while gainers were Hindalco Industries, Maruti Suzuki, Bajaj Auto, HUL, and Tata Steel. About 1106 shares have advanced, 2310 shares declined, and 129 shares are unchanged. Within sectors, the Nifty PSB index tanked 3.6 percent followed by bank and financial indices. Auto, metals, and FMCG pockets closed nearly flat with fractional cuts. In the broader market, the BSE midcap index cracked 1.5 percent while smallcap index lost around 1 percent.

Closing Bell: Sensex, Nifty end flat amid volatile

Tuesday, January 24, 2023
At Close, the Sensex was up 37.08 points or 0.06% at 60,978.75, and the Nifty was down 0.20 points or 0.00% at 18,118.30, despite strong global sentiments, and healthy early Q3 results. The top gainers of Nifty were Tata Motors, Maruti Suzuki, Bajaj Auto, Britannia, and HCL Tech while the top losers were Axis Bank, Hindalco, Dr Reddy, Power Grid, and SBI Life. About 1485 shares have advanced, 1930 shares declined, and 132 shares are unchanged. Sectorally, the Nifty Auto index was the best sectoral performer as it gained 1.2 percent. Nifty PSU Bank and Nifty Realty indices, on the contrary, was the worst sectoral performer as they tanked up to 1.3 per cent. Broader markets, too, turned tepid as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.3 per cent. The volatility gauge, India VIX, gained marginally to 0.2 percent.

Closing Bell: Sensex down 236.66 points, Nifty at 18027.65

Friday, January 20, 2023
At Close, the Sensex was down 236.66 points or 0.39% at 60,621.77, and the Nifty was down 80.10 points or 0.44% at 18,027.70. The top losers of the Nifty 50 were Hindustan Unilever Ltd (HUL), Asian Paints, Bajaj Finance, Nestle India, and JSW Steel while the top gainers were Coal India, HDFC Bank, Power Grid, HDFC, and ITC. About 1533 shares have advanced, 1865 shares declined, and 146 shares are unchanged. Broader markets bled more than benchmarks with the BSE Midcap and Smallcap indices falling up to 0.7 percent. Within sectors, Nifty consumer durables, FMCG, metals, realty, and pharma indices suffered the most losses ending around 1 percent lower each, while bank and financial pockets held ground and logged fractional gains.

Closing Bell: Sensex down 187 points, Nifty at 18107.85

Thursday, January 19, 2023
At Close, the Sensex was down 187.31 points or 0.31% at 60,858.43, and the Nifty was down 57.50 points or 0.32% at 18,107.80, amid a cautious global mood. HDFC Life, Axis Bank, IndusInd Bank, UPL, and Cipla were the top gainers of Nifty 50 while Adani Enterprises, Hindalco, Kotak Bank, Titan, Larsen & Toubro, and UltraTech Cement were the top losers. About 1549 shares have advanced, 1867 shares declined, and 117 shares are unchanged. In the broader markets, the BSE MidCap and SmallCap indices were quoting up to 0.1 percent lower. All the sectoral indices were trading with cuts. The Nifty Metal index fell 0.6 percent, followed by the Nifty IT index down 0.6 percent, Bank Nifty fell 0.15%, and Nifty Auto sinked 0.27%. while Nifty Pharma rose marginally by 0.09%.

Closing Bell: Sensex down 168 points, Nifty at 17894.85

Monday, January 16, 2023
At Close, the Sensex was down 168.21 points or 0.28% at 60,092.97, and the Nifty was down 61.80 points or 0.34% at 17,894.80, as markets closed the session on the weak ground pulled down by select heavyweights. The top gainers of the BSE Sensex were Tech Mahindra (up 3.22%), HCL Tech (up 1.48%), Infosys (up 1.45%), Wipro (up 1.27%), and TCS (up 1.06%) while Axis Bank (down 2.26%), NTPC (down 1.16%), HDFC (down 1.03%), HDFC Bank (down 0.97%) and Mahindra & Mahindra (down 0.97%) were the losers. About 1658 shares have advanced, 1844 shares declined, and 169 shares are unchanged. In the broader market, the BSE Midcap and Smallcap indices also ended 0.3 percent and 0.1 percent lower, respectively. Within sectors, IT and PSB indices on the Nifty defied the market and closed over 1 percent higher. Metal and financial pockets were the worst hit.

Closing Bell: Sensex down 147 points, Nifty at 17858.20

Thursday, January 12, 2023
At Close, the Sensex was down 147.47 points or 0.25% at 59,958.03, and the Nifty was down 37.50 points or 0.21% at 17,858.20, ahead of the US inflation data and rising crude oil prices. Divis Labs, Reliance Industries, BPCL, Axis Bank, and Tata Motors were among the top lowers on the Nifty, while SBI Life Insurance, UltraTech Cement, Larsen and Toubro, HCL Technologies, and Dr. Reddy’s Laboratories were the gainers. About 1590 shares have advanced, 1813 shares declined, and 152 shares are unchanged. Sectorally, Nifty IT and Nifty Media indices defied the gloomy sentiments as they rose up to 0.8 percent. Nifty FMCG and Nifty Bank indices, on the flip side, declined up to 0.4 percent. Broader markets, too, were subdued in the trade as Nifty SmallCap 100 and Nifty MidCap 100 indices slipped up to 0.2 percent.

Closing Bell: Sensex down 9.98 points, Nifty at 17895.70

Wednesday, January 11, 2023
At Close, the Sensex was down 9.98 points or 0.02% at 60,105.50, and the Nifty was down 18.50 points or 0.10% at 17,895.70, after swinging between the red and green zones as the Street awaited the release of retail inflation data on Thursday. On the flip side, Hindalco, BPCL, Sun Pharma, Ultratech Cement, TCS, HDFC twins, Tata Motors, L&T, and ICICI Bank were the top index gainers, up 0.6-3 percent. The top drags were Bharti Airtel, HUL, Nestle, Cipla, Divi's Labs, Apollo Hospitals, IndusInd Bank, Reliance, Titan, and Bajaj Finserv, which shed 1-3 percent. About 1830 shares have advanced, 1566 shares declined, and 142 shares are unchanged. Within sectors, the Nifty FMCG, Pharma, Auto and oil & gas indices exhibited the most weakness and ended 0.5-1 percent down, while PSB, metal, and banking pockets gained up to 0.7 percent. Broader markets were also muted with the BSE Midcap closing 0.3 percent down and the smallcap index ending slightly in the green.

Sensex tanks 631 points, Nifty at 17914.15

Tuesday, January 10, 2023
At Close, the Sensex was down 631.83 points or 1.04% at 60,115.48, and the Nifty was down 187 points or 1.03% at 17,914.20, amid tepid foreign flows and mixed global cues. Adani Enterprises, Bharti Airtel, Eicher Motors, Adani Ports, and SBI were among the top losers on the Nifty. The gainers were Tata Motors, Hindalco Industries, Apollo Hospitals, Power Grid Corp, and Divis Labs. About 1376 shares have advanced, 2027 shares declined, and 152 shares are unchanged. Broader markets, too, fell in line with the benchmarks as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.5%. India VIX, the volatility gauge, meanwhile, surged over 5%. Barring the Nifty Auto index, all sectors drowned in the sea of red. Nifty PSU Bank was the worst hit amongst all sectoral indices as it declined over 2 percent.

Closing Bell: Sensex down 453 points, Nifty at 17859.45

Friday, January 6, 2023
At Close, Sensex closed 452.90 points lower or 0.75 percent at 59,900. Nifty is down 132.70 points or 0.74 percent at 17,859.50. Bajaj Twins, Tata Consultancy Services, ICICI Bank, Infosys, and Tech Mahindra, were the top losers in the Sensex pack.IDBI Bank, Reliance, and ITC were the major gainer in the Sensex pack. About 1392 shares have advanced, 2007 shares declined, and 128 shares are unchanged. Sectorally, Nifty Realty, Nifty Metal, and Nifty FMCG indices attempted to trim losses with marginal gains. On the flipside, Nifty IT, Nifty Media, and Nifty Bank indices declined up to 1 percent. Broader markets, too, were subdued in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.7 percent.

Closing Bell:Sensex 673 points, Nifty at 18042.95

Wednesday, January 4, 2023
At Close, the Sensex was down 636.75 points or 1.04% at 60,657.45, and the Nifty was down 189.50 points or 1.04% at 18,043, as the Street awaited release of the minutes of the US Fed's latest meeting. Tata Motors, Power Grid, Tata Steel, HDFC twins, Infosys, Wipro, Reliance, IndusInd Bank, ITC, Nestle, and Bharti Airtel were the worst hit on the Sensex, down 1-2.5 percent. On the Nifty, JSW Steel, Hindalco, Coal India, and ONGC were the top laggards, which shed up to 4 percent. TCS, Maruti, Divis's Labs, HDFC Life, and Dr Reddy's were among the handful of stocks that held minor gains. About 1154 shares have advanced, 2230 shares declined, and 135 shares are unchanged.. All the broader market indices ended in the red. Nifty Next 50 dipped 1.04%, Nifty Midcap 50 dropped 1.10%, Nifty Large Midcap 250 plunged 1% and the Nifty Total market ended 1.06% lower. All the sectoral indices concluded in red as well. Nifty Bank fell 1.07%, Nifty IT dropped 0.98% and Nifty FMCG fell 0.66%. Read more

Closing Bell: Sensex down 981 points, Nifty at 17806.80

Friday, December 23, 2022
At Close, the Sensex was down 980.93 points or 1.61% at 59,845.29, and the Nifty was down 320.50 points or 1.77% at 17,806.80, ended lower for the fourth consecutive session, as the Covid-19 scare in China triggered slowdown fears. Adani Ports, Adani Enterprises, Hindalco Industries, Tata Steel, and Tata Motors were among the biggest Nifty losers. About 468 shares have advanced, 3018 shares declined, and 61 are unchanged.Except Nifty Pharma index, which held marginal gains, all sectors were trading in red with the Nifty PSU Bank index tumbling nearly 6 percent Nifty Media, and Nifty Metal, falling up to 4% and the Nifty Realty index (down 3 percent). The pain was even more severe in the broader market space where the BSE MidCap and SmallCap indices fell 3 and 4 percent, respectively.

Closing Bell: Sensex down 241 points, Nifty at 18127.35

Thursday, December 22, 2022
At Close, Sensex closed 241.02 points lower at 60,826. Nifty ended 71.80 points lower at 18,127.30. The top gainers of the BSE Sensex were Sun Pharma (up 0.92%), UltraTech Cement (up 0.0.71%), Asian Paints (up 0.70%), Infosys (up 0.68%) and Kotak Bank (up 0.58%). In comparison, Mahindra & Mahindra (down 2.45%), Bajaj Finserv (down 2.43%), IndusInd Bank (down 2.26%), Tata Motors (down 2.08%) and Tata Steel (down 1.98%) were the top laggards. About 754 shares advanced, 2699 shares declined, and 86 were unchanged. All sectors ended the day in red, barring the Nifty IT index which ended flat. Nifty PSU Bank fell 1.23%.

MARKET UPDATE: Sensex was up 150 points at 61,200 and the Nifty50 index was below 18,250

Thursday, December 22, 2022
Bulls and bears were fighting on Dalal Street today (22 December 2022) as fears of a global slowdown amid Covid-19 fears in China and likely recession in the US and Europe weighed on cyclical sectors. Defensives like pharma and IT, however, lent support. sector-wise Autos, financials, metals, and realty stocks led the losses with nearly 1 percent cut each on their respective sectoral indices. The S&P BSE Sensex was up 150 points at 61,200, while the Nifty50 index was below 18,250. Read more

Closing Bell: Sensex down 635 points, Nifty at 18199.10

Wednesday, December 21, 2022
At Close, the Sensex ends 635.05 points or 1.03% lower at 61067.24, and the Nifty shed 179.70 points or 0.98% at 18205.60, as weak global sentiment amid the fresh Covid-19 scare continued to haunt domestic equities. The top gainers of the BSE Sensex were Sun Pharma (up 1.73%), HCL Tech (up 0.82%), TCS (up 0.62%), Tech Mahindra (up 0.56%) and Nestle India (up 0.49%) while IndusInd Bank (down 2.37%), Bajaj Finserv (down 2.16%), Maruti (down 2.15%), UltraTech Cement (down 2.14%) and Tata Motors (down 1.88%) were the top laggards. The Pharma index advanced over 2 percent today, followed by the IT index, up 0.7 percent. On the downside, the PSU Bank and Metal indices fell over 2 percent each. The pain was more pronounced in the broader markets as the BSE MidCap and SmallCap indices dropped 1.4 percent and 2.18 percent, respectively.

Closing Bell: Sensex down 103.90 points, Nifty at 18385.30

Tuesday, December 20, 2022
At Close, the Sensex was down 103.90 points or 0.17% at 61,702.29, and the Nifty was down 35.20 points or 0.19% at 18,385.30. Adani Enterprises, TCS, Axis Bank, Reliance Industries, ICICI Bank, IndusInd Bank, Nestle India, Ultratech Cement, SBI, and Infosys helped the frontline indices rebound, rising up to 2 percent. Eicher Motors, SBI Life, HUL, UPL, Hindalco, Tata Motors, Bharti Airtel, M&M, NTPC, L&T, and Adani Ports were the top laggards. About 1646 shares have advanced, 1780 shares declined, and 126 are unchanged. Further, the Nifty Auto, Media, and Realty indices closed 0.7 percent to 1 percent down, while the Nifty IT and Metal indices eked out gains of about 0.2 percent. In the broader markets, the BSE MidCap index ended 0.27 percent lower, while the BSE SmallCap index dipped 0.02 percent.

Closing bell: Sensex down 461 points, Nifty at 18269.00

Friday, December 16, 2022
At Close, the Sensex was down 461.22 points or 0.75% at 61,337.81, and the Nifty was down 145.90 points or 0.79% at 18,269. Dr Reddy's Labs, M&M, Asian Paints, SBI, TCS, Titan, Power Grid, and Ultratech Cement fell the most among the 27 losers within the Sensex pack. Adani Ports, BPCL, Bajaj Auto, and Hero MotoCorp were the additional laggards on the Nifty. Tata Motors, HDFC Bank, HUL, and Tata Steel were the only large-cap gainers on the benchmark indices. About 1391 shares have advanced, 2026 shares declined, and 125 are unchanged. Meanwhile, in the broader markets, the BSE MidCap index dropped 1.4 percent, while the BSE SmallCap index dipped 0.9 percent. Among sectors, the Nifty PSU Bank index sunk the most, down nearly 3 percent. This was followed by losses in the Nifty Realty, Pharma, and Media indices, down over 1 percent each.

Closing Bell: Sensex ends flat at 18497.15, Nifty at

Monday, December 12, 2022
At Close, the Sensex was down 51.10 points or 0.08% at 62,130.57, and the Nifty was up 0.60 points at 18,497.20,.The broader markets shifted from losses to gains intraday, while the sectoral indices traded between green and Asian Paints, Infosys, Eicher Motors, Titan Company, and Kotak Mahindra Bank were among the top Nifty losers. At the same time, gainers were BPCL, Divis Laboratories, Coal India, Apollo Hospitals, and UPL. About 1787 shares have advanced, 1688 shares declined, and 194 are unchanged. The Nifty IT index dropped 0.4% in trade, while the Nifty PSU Bank rose 1.4%, and oil & gas indices were up 1 percent. In the broader markets, the BSE MidCap and SmallCap indices gained 0.3 percent and 0.36 percent, respectively.

Closing Bell:Sensex down 389 points, Nifty at 18496.60

Friday, December 9, 2022
At Close, the Sensex was down 389.01 points or 0.62% at 62,181.67, and the Nifty was down 112.70 points or 0.61% at 18,496.60.HCL Technologies, Tech Mahindra, Infosys, Wipro, and Hindalco Industries were among the top Nifty losers, while Nestle India, Sun Pharma, Dr Reddy’s Laboratories, Titan Company, and Eicher Motors were the gainers. About 1199 shares have advanced, 2220 shares declined, and 113 shares are unchanged. Sectorally, defensive indices like the Nifty FMCG and Pharma held gains as they rose 0.8 percent and 0.4 percent. On the downside, the Nifty IT index crashed by 3.16 percent. The Nifty PSU Bank and Realty indices were other top laggards which tumbled 1.7 percent and 1.5 percent, metal index was down 1 percent. In the broader markets, the MidCap and SmallCap indices shed 0.45 percent and 1 percent, respectively.

Closing Bell:, Sensex falls 216 points, Nifty at 18560.50

Wednesday, December 7, 2022
At Close, the Sensex was down 215.68 points or 0.34% at 62,410.68, and the Nifty was down 82.30 points or 0.44% at 18,560.50.HCL Tech, Wipro, NTPC, TCS, Tech M, and Kotak Bank were the top Sensex laggards, down up to 0.7%, while ONGC was the top Nifty loser. On the flip side, Asian Paints, L&T, ICICI Bank, SBI, Ultratech Cement, Sun Pharma, Cipla, and BPCL were the top gainers across the two frontline indices. About 1464 shares have advanced, 1928 shares declined, and 140 are unchanged. Sectorally, the Nifty FMCG index settled 0.96 percent higher, and the Nifty PSU Bank index, too, ended higher. Power, metal, and realty indices are down 1 percent each. In the broader market, the BSE MidCap and SmallCap indices fell in tandem with the frontline indices and slipped about 0.4 percent each.

Closing Bell: Sensex down 208 points, Nifty at 18642.75

Tuesday, December 6, 2022
At Close, the Sensex was down 208.24 points or 0.33% at 62,626.36, and the Nifty was down 58.20 points or 0.31% at 18,642.80. Tata Steel, HCL Tech, Infosys, TCS, and Nestle led losses on the Sensex, while Hindalco was the top Nifty loser of the day. On the flip side, Hindustan Unilever, Axis Bank, Powergrid, Bajaj Finance, HDFC, and L&T were the top outperformers across the two indices. About 1565 shares have advanced, 1825 shares declined, and 135 are unchanged. The broader markets, too, fell in tandem with the benchmarks with the BSE MidCap and SmallCap indices dropping 0.53 percent and 0.32 percent, respectively. Among sectors, the Nifty IT index fell 1.5 percent, while the Nifty PSU Bank index gained 1.2 percent.

Closing Bell: Sensex ends flat at 62834.60, Nifty at 18701.05

Monday, December 5, 2022
At Close, the Sensex was down 33.90 points or 0.05% at 62,834.60, and the Nifty up 4.90 points or 0.03% at 18,701, as investors awaited outcomes of the Reserve Bank of India's monetary policy meeting, and Assembly elections of Gujarat and Himachal Pradesh, due later this week. Tata Steel, NTPC, SBI, IndusInd Bank, and Power Grid were the top Sensex gainers, while RIL. Tech M, Dr. Reddy's Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards. About 2080 shares have advanced, 1401 shares declined, and 191 are unchanged. Sectorally, the Nifty Metal index gained nearly 2 percent. Nifty PSU Banks soared in trade, gaining over 1.2% intraday while Nifty IT and Nifty Auto was the biggest sectoral laggards. The NSE Nifty MidCap 100 closed up 0.23%, while the Nifty SmallCap 100 index ended up 0.43%. Nifty PSU Banks soared in trade, gaining over 1.2% intraday while Nifty IT and Nifty Auto was the biggest sectoral laggards.

Closing Bell: Sensex falls 415 points, Nifty at 18696.10

Friday, December 2, 2022
At Close, the Sensex was down 415.69 points or 0.66% at 62,868.50, and the Nifty was down 116.40 points or 0.62% at 18,696.10, as investors preferred to take home some profits ahead of the weekend and upcoming RBI policy next week. Eicher Motors, M&M, Tata Consumer Products, HUL, and Hero MotoCorp were among the top Nifty losers. The gainers were Apollo Hospitals, Grasim Industries, Tech Mahindra, Tata Steel, and Dr. Reddy’s Laboratories. About 1995 shares have advanced, 1376 shares declined, and 137 are unchanged. The broader markets ended on a mixed note, but the Nifty Midcap closed 0.88% and Nifty Smallcap indices ended 0.6% up. All of Nifty’s sectoral indices shifted between gains and losses. Nifty Oil & Gas ended flat, while Nifty Realty and Nifty Media were the day’s top gainers. Nifty Auto and Nifty FMCG were the biggest laggards.

Laurus Labs hits 52-week low on margin concerns

Tuesday, November 29, 2022
Shares of Laurus Labs hit a 52-week low at Rs 415 as they slipped 8 percent on the BSE in Tuesday’s intra-day trade in an otherwise firm market on margin concerns and after Kotak Institutional Equities assigned a sell call to the pharma firm with a target of Rs 350. The market cap of the pharma firm fell to Rs 22,504 crore on BSE. A total of 3.67 lakh shares of the firm changed hands amounting to a turnover of Rs 15.56 crore on BSE. Citing that Laurus Labs has witnessed severe pricing pressure and lower volumes in its ARV formulations portfolio for five quarters now, resulting in significant pressure on core margins, the research firm Kotak Institutional Equities downgraded Laurus to sell with a target price of Rs 350, which shows a downside potential of 17% from the current market price of Rs 418. Read more

Closing Bell: Sensex down 518 points, Nifty at 18159.95

Monday, November 21, 2022
At Close, the Sensex was down 518.64 points or 0.84% at 61,144.84, and the Nifty was down 147.70 points or 0.81% at 18,160, as cautious global approach, ahead of the release of the minutes of the US Federal Reserve's last policy meeting, kept investors on the sidelines. Adani Ports, Hindalco, TCS, HDFC, Tech M, Reliance Industries, Hero MotoCorp, Infosys, Grasim, JSW Steel, and Bajaj Finance were the losers in the Nifty 50 pack. while gainers were BPCL, Bharti Airtel, Axis Bank, HUL, and IndusInd BankAbout 1462 shares have advanced, 2014 shares declined, and 170 shares are unchanged. In the broader market, the BSE MidCap, and SmallCap indices outperformed the benchmarks as the former fell just 0.15 percent, while the latter added 0.01 percent. Sectorally, the Nifty PSU Bank index rose 1.4 percent, while all others shut shop in the negative zone. The Nifty IT and Realty indices slipped the most, down up to 1.5 % Nifty Auto, Nifty Pharma, and Nifty FMCG indices declining up to 1%

Closing Bell: Sensex down 87 points, Nifty at 18307.65

Friday, November 18, 2022
At Close, the Sensex was down 87.12 points or 0.14% at 61,663.48, and the Nifty was down 36.20 points or 0.20% at 18,307.70, as selling pressure ensued across sectors. HCL Technologies, HUL, Asian Paints, SBI, and Kotak Mahindra Bank were among the top Nifty gainers, while the biggest losers were M&M, Bajaj Auto, Cipla, IndusInd Bank, and Maruti Suzuki. About 1424 shares have advanced, 1966 shares declined, and 119 shares are unchanged.India VIX, the volatility gauge, slipped over 1%. All sectors shifted between gains and losses. While Nifty Metal, Nifty Media, and Nifty IT started to trade with marginal gains, Nifty FMCG, Nifty Pharma, and Nifty Auto indices were trading with losses. Broader markets, too, joined the weak market mood as the BSE Midcap and smallcap indices slipped up to 1.2 percent.

Closing Bell: Sensex down 250 points, Nifty at 18343.90

Thursday, November 17, 2022
At Close, Sensex closed 247.10 points lower or 0.40 percent at 61,733. Nifty ended 76.30 points lower at 18,333.40, owing to selling pressure in auto, IT, and HDFC twins. Titan and Mahindra & Mahindra (M&M) slipped over 2 percent each. The other prominent losers were Maruti, HDFC, Dr.Reddy's, Bajaj Finserv, and Infosys. On the positive front, Larsen & Toubro gained 1.3 percent. PowerGrid also finished with a notable gain. About 1431 shares advanced, 1880 shares declined, and 87 shares were unchanged. The BSE Midcap and Smallcap indices were down 0.3 per cent each. Sectorally, the BSE Consumer Durables index dropped 1.7 percent. The Auto and Power indices were down 1.3 per cent each, while the IT index slipped 0.8 per cent.

Closing Bell: Sensex down 171 points, Nifty at 18329.15

Monday, November 14, 2022
At Close, the Sensex was down 170.89 points or 0.28% at 61,624.15, and the Nifty was down 20.50 points or 0.11% at 18,329.20as investors remained cautious ahead of retail and wholesale inflation readings for the month of October. About 1662 shares have advanced, 1851 shares declined, and 141 are unchanged. Tata Steel, PowerGrid, M&M, Kotak Bank, and IndusInd Bank opened with the most gains on Sensex, while Hindalco, Apollo Hospitals, and JSW Steel were the additional gainers On the other hand, Dr. Reddy’s, SBI, Divis’s Labs, Sun Pharma, ITC, Maruti Suzuki were the top drags across the two frontline indices. The BSE mid-cap and small-cap indices were trading marginally lower in the broader market, down up to 0.3%. Among sectors, the realty and metal index are up 1 percent each, while the FMCG index is down 1 percent

Closing Bell: Sensex down 70 points, Nifty at 18052.70

Thursday, November 3, 2022
At Close, the Sensex was down 69.68 points or 0.11% at 60,836.41, and the Nifty was down 30.10 points or 0.17% at 18,052.70. Tech Mahindra, Hindalco Industries, Power Grid Corporation, NTPC, and Infosys were among the top Nifty losers. Gainers included SBI, Titan Company, UPL, and HUL. About 1725 shares have advanced, 1630 shares declined, and 120 are unchanged. In the broader market, the BSE Midcap and Smallcap indices ended marginally higher. All sectors were fluctuating between gains and losses.IT and Power stocks bore brunt of the selling pressure, while select financial shares pulled back in trades. Except, bank, realty, and FMCG, all other sectoral indices ended in the red.

Closing Bell: Sensex down 215 points, Nifty at 18082.85

Wednesday, November 2, 2022
At Close, the Sensex was down 215.26 points or 0.35% at 60,906.09, and the Nifty was down 62.60 points or 0.34% at 18,082.80.ahead of the US Federal Reserve meet outcome later tonight. Bharti Airtel, Apollo Hospitals, Maruti Suzuki, Eicher Motors, and Britannia Industries were among the top Nifty losers, while gainers included Hindalco Industries, Sun Pharma, ITC, ONGC, and Tech Mahindra. About 1752 shares have advanced, 1615 shares declined, and 135 are unchanged. The BSE Midcap index eked a 0.1 percent loss, while the Smallcap index added 0.2 percent. On the sectoral front, selling was seen in the Auto, Bank, Capital Goods, Information Technology, PSU Bank, and Power, and Realty names. On the other hand, Metal and Pharma indices ended on a positive note.

Closing Bell: Sensex falls 390.58 , Nifty at 17014.35

Thursday, October 13, 2022
At Close, the Sensex was down 390.58 points or 0.68% at 57,235.33, and the Nifty was down 109.30 points or 0.64% at 17,014.30. following a steep rise in India's retail inflation to 7.41 percent in September, which in turn prompted fears of another 50 basis points rate hike by the RBI. Wipro, Adani Ports, SBI, SBI Life Insurance, and L&T were among the top Nifty losers, while HCL Tech, Sun Pharma, Coal India, Britannia, and Tata Motors were the top gainers. About 1283 shares have advanced, 2054 shares declined, and 130 are unchanged. Among sectoral indices, the BSE Bankex and Capital Goods were the major losers, down over a percent each. The Power and Realty indices too shed a percent each. However, the Healthcare and Metal indices managed to end with notional gains. In the broader markets, the BSE Midcap index and Smallcap indices fell 0.5% each. The focus will now be on the US CPI data to be released later today.

Closing Bell: Sensex crashes 843 points, Nifty at 16983.55

Tuesday, October 11, 2022
At Close, the Sensex was down 843.79 points or 1.46% at 57,147.32, and the Nifty was down 257.50 points or 1.49% at 16,983.50 for the third consecutive session with Nifty finishing below the 17,000 level. SBI Life Insurance, Bajaj Auto, HDFC Life, HUL, and Maruti Suzuki were among the major losers on the Nifty, while Adani Ports, Wipro, Adani Enterprises, HCL Technologies, and Tata Motors were the gainers. About 1036 shares have advanced, 2291 shares declined, and 133 are unchanged. All sectors swung between gains and losses, as Nifty IT, Nifty Media, and Nifty Metal indices gained marginally in trade. Nifty Bank, Nifty Realty, and Nifty Auto indices, however, declined up to 0.4%. BSE midcap and smallcap index fell over 1 percent each.

Closing Bell: Sensex down 200 points, Nifty at 17241.00

Monday, October 10, 2022
At Close, the Sensex was down 200.18 points or 0.34% at 57,991.11, and the Nifty was down 73.70 points or 0.43% at 17,241. Index heavyweights such as Reliance Industries Ltd (RIL), HDFC Bank, ITC, Housing Development Finance Corporation (HDFC), and Asian Paints contributed the most to the indices’ losses.TCS and Axis Bank rallied nearly 3 percent. The other prominent gainers were Maruti, Tech Mahindra, Wipro, and Infosys. About 1406 shares have advanced, 2056 shares declined, and 161 are unchanged. In the broader markets, the BSE Midcap and Smallcap indices were down over 0.5 percent each. Whereas, among sectors, the BSE IT index was the sole gainer - up nearly 1 percent. On the other hand, the Consumer Durables, Power, FMCG, and Capital Goods indices lost significant ground. The BSE Bankex was down marginally at the close, down 0.1 percent at 44,657, having recovered smartly from the day's low of 43,990.

Closing Bell: Sensex down

Thursday, September 29, 2022
At Close, Sensex was down 188.32 points or 0.33% at 56,409.96, and the Nifty was down 40.50 points or 0.24% at 16,818.10. Asian Paints, TCS, Kotak Mahindra Bank, ICICI Bank, Bajaj Finance, and Reliance Industries, among others, contributed the most to the indices’ loss. About 1775 shares have advanced, 1435 shares declined, and 102 are unchanged. Among sectors, the Nifty Pharma index gained 1.3 percent, followed by the Nifty PSU Bank index up 1.1 percent, the power index down 1.3 percent, and FMCG, metal, and pharma indices were up 1 percent each. On the downside, the Nifty IT index fell 0.9 percent. In the broader markets, the Nifty MidCap, and SmallCap indices added 0.4 percent, and 0.6 percent, respectively.

Closing Bell: Sensex down 953 points, Nifty at 17016.30

Monday, September 26, 2022
At Close, the Sensex was down 953.70 points or 1.64% at 57,145.22, and the Nifty was down 311 points or 1.79% at 17,016.30. Stocks of index heavyweights such as Reliance Industries Ltd (RIL), ICICI Bank, ITC, HDFC Bank, Axis Bank, and Maruti Suzuki India contributed the most to the indices’ fall. About 630 shares have advanced, 2860 shares declined, and 120 are unchanged. All sectors plunged into the sea of red with the Nifty Auto, Nifty Metal, Nifty Media, and Nifty Realty indices taking the biggest hit. Weakness spread to broader markets, too, as Nifty MidCap 100 and Nifty SmallCap 100 indices dropped over 3 percent and 4 percent, respectively. The volatility gauge, India VIX, meanwhile, jumped over 8 percent.

Closing Bell: Sensex tanks 1021 points, Nifty at 17327.35

Friday, September 23, 2022
At Close, the Sensex was down 1,020.80 points or 1.73% at 58,098.92, and the Nifty was down 302.50 points or 1.72% at 17,327.30.amid fears of a global recession. The stock of just Sun Pharma, ITC, and Tata Steel ended in the green. PowerGrid Corporation of India plunged over 8 percent, followed by NTPC, State Bank of India (SBI), Mahindra & Mahindra (M&M), Bajaj Finserv, Bajaj Finance, HDFC Bank, Housing Development Finance Corporation, among others dragged the index the most. About 959 shares have advanced, 2417 shares declined, and 106 shares are unchanged. Sectorally, the Nifty PSU Bank index plunged 4 percent, while the Nifty Bank, Private Bank, and Realty indices fell 2.6 percent each. The BSE MidCap and SmallCap indices underperformed the frontline indices as they declined between 2 percent and 2.3 percent.

Infosys share price hits 52-week low amid growth worries

Thursday, September 22, 2022
Shares of Infosys hit a 52-week low at Rs 1,360.15, down 1 % on the NSE in Thursday’s intra-day trade. The stock has dropped 14 percent so far in the last month and tanked almost 27% so far in 2022. amid growing concerns. Analysts peg more pain ahead for the Indian IT companies amid a likely slowdown in revenue growth of the US dollar. All eyes are on Accenture's FY23 growth outlook which will set the tone for growth expectations for the overall IT services industry. The US Fed hiked its benchmark interest rate by 75 basis points for the third consecutive time on Sept 21 and gave a hawkish outlook for future monetary tightening to curb the soaring inflation. The IT index hit an intra-day low of 26,552 and traded close to its 52-week low of 26,189 on the NSE. Global brokerage Goldman Sach downgraded its rating on Infosys from ‘Buy’ to ‘Sell’ last week, stating that it remained more optimistic on the EBIT margin estimations of Indian IT companies than their revenue prospects. Read more

Closing bell: Sensex down 337 points, Nifty at 17629.80

Thursday, September 22, 2022
At Close, the Sensex was down 337.06 points or 0.57% at 59,119.72, and the Nifty was down 88.50 points or 0.50% at 17,629.80, as investors digested a 75-basis point interest rate hike by the US Federal Reserve. Besides, the weekly F&O derivatives expiry added to the volatility. ITC, Bajaj Finance, IndusInd Bank, NTPC, Kotak Mahindra Bank, Axis Bank, Nestle India, and Tata Steel were top Sensex gainers. Housing Development Finance Corporation (HDFC), Wipro, Tech Mahindra, Tech Mahindra, Dr. Reddy’s, HCL Tech, and Sun Pharma were Sensex losers. Sectorally, indices ended up mixed with the Nifty FMCG index rising over 1 percent, while the Nifty Bank and Financial Services indices fell to 1.4 percent each. The broader markets, on the contrary, ended in the positive zone, with the BSE MidCap and SmallCap indices advancing up to 0.5 percent.

Closing Bell: Sensex down 263 points, Nifty at 17718.35

Wednesday, September 21, 2022
At Close, the Sensex was down 262.96 points or 0.44% at 59,456.78, and the Nifty was down 98 points or 0.55% at 17,718.30, ahead of the US Federal Reserve's monetary policy outcome, which is due later tonight. Stocks of Hindustan Unilever Ltd (HUL), ITC, Bajaj Finance, Tech Mahindra, M&M, Reliance Industries, and Nestle India were the top Sensex gainers. On the contrary, IndusInd Bank, UltraTech Cement, Power Grid Corporation of India, L&T, NTPC, HCL Tech, and Dr. Reddy’s were among the top index laggards. About 1251 shares have advanced, 2115 shares declined, and 117 shares are unchanged. Among sectors, the Nifty FMCG index was the sole gainer, rising 1.2 percent. The losses, meanwhile, were led by the Nifty Metal index down 2 percent), the Nifty Pharma index 1.4 percent), and the Nifty Oil & Gas index 1.2 percent).In the broader market, the Nifty MidCap and SmallCap indices mildly underperformed the frontline indices as they fell 0.7 percent, and 1 percent, respectively.

Global economy faces four key uncertainties

Tuesday, September 20, 2022
The global economy faces mainly four key uncertainties including a downturn next year, according to economic experts in a signal that policymakers will be in firefighting mode for longer. They listed the severity of the downturn, inflation’s trajectory in the medium term, the impact of geopolitics on markets, and climate risk on portfolios as the main risks to the global outlook. Singapore, like many economies worldwide, is grappling with inflation that’s yet to peak and a tight labor market that still is creating headaches for businesses short on workers as they emerge from the pandemic. Medium-term inflation is likely to be higher for longer, rather than recent benign price gains, and the era of cheap money and cheap labor are most likely over, say experts. Read more

Closing Bell: Sensex crashes 1093 points, Nifty at 17530.85

Friday, September 16, 2022
At Close, Sensex declined 1,093.22 points or 1.82 percent to end at 58,840.79. Nifty ended 346.60 points lower at 17,530.80 as recession fears hammered global equities. Index heavyweights such as Reliance Industries, Infosys, HDFC Bank, Housing Development Finance Corporation, Tata Consultancy Services (TCS), and ICICI Bank among others, contributed the most to the indices fall. About 952 shares have advanced, 2455 shares declined, and 100 shares were unchanged. The Nifty MidCap 100 and SmallCap 100 fell in the range of 2.5 percent to 3 percent. Among sectors, IT and realty shed over 3 percent. The volatility index -- India VIX -- surged 8 percent today to settle near a 20-odd level.

Closing Bell: Sensex down 413 points, Nifty at 17877.40

Thursday, September 15, 2022
At Close, Sensex is down 413 points or 0.68 per cent at 59,934. The NSE Nifty, meanwhile, hit a low of 17,861, but ended at 17,877, down 126 points or 0.73 per cent.IT, pharma, and select metal stocks reeled under pressure today with Hindalco, Infosys, Cipla, Tech M, Tata Steel, Divis Labs, and Apollo Hospitals leading the list of Nifty losers. Other losers were Hero MotoCorp, Bajaj Finserv, Bajaj Auto, Titan, HDFC Life, IndusInd Bank, and Bajaj Finance. On the upside, banking and auto stocks zoomed with Maruti Suzuki, Eicher Motors, HDFC, SBI, ICICI Bank, and M&M rising up to 2.6 percent. About 1648 shares advanced, 1754 shares declined, and 113 shares were unchanged. Other gainers were Adani Ports, NTPC, PowerGrid, Grasim, and Coal India. Sectorally, Nifty Auto and Nifty Energy indices held marginal gains, while Nifty Media, Nifty IT, and Nifty Realty indices were subdued in trade. In the broader markets, the BSE MidCap and SmallCap indices advanced 0.3 percent and 0.06 percent.

Closing Bell: Sensex ends low 224 points, Nifty at 18003.75

Wednesday, September 14, 2022
At Close, Sensex ended the day 224 points lower at 60,346. Nifty shed 66 points, closing at 18,003, despite weak global cues Stocks of NTPC, Asian Paints, Nestle India, Dr. Reddy’s, and Hindustan Unilever were among the top index gainers. Infosys, Tech Mahindra, Tata Consultancy Services, TCS, HCL Tech, Wipro, L&T, HDFC Bank, Reliance were among the top Sensex draggers. About 1632 shares have advanced, 1740 shares declined, and 140 shares were unchanged. The Nifty IT index slipped 3.4 percent, and the Nifty Metal and the Nifty Bank indices rose over 1 percent each. In the broader markets, the BSE MidCap index dipped 0.1 percent, while the BSE SmallCap index fell 0.01 percent. The volatility index -- India VIX -- surged 5 percent today.

Closing Bell: Sensex down 770 points, Nifty at 17542.80

Thursday, September 1, 2022
At Close, the Sensex fell 1,014 points intra-day before closing at 58,766.5, down 770.5 points or 1.29 percent. The Nifty50, too, hit a low of 17,468 before ending 216.5 points, or 1.22 percent, lower at 17,543. About 1904 shares have advanced, 1446 shares declined, and 142 shares are unchanged. Hindalco Industries, Reliance Industries, ONGC, TCS, and SBI Life Insurance were among the top losers on the Nifty. At the same time, the gainers were Tata Consumer Products, Bajaj Finserv, Asian Paints, Eicher Motors, and Hero MotoCorp. The S&P BSE MidCap and SmallCap indices settled 0.5 percent higher each. Among sectors, the Nifty Realty index added 1 percent, followed by the Nifty PSU Bank index up 0.7 percent. On the downside, the Nifty IT index declined 1.9 percent, followed by the Nifty Pharma index down 1.12 percent.

Closing Bell: Sensex gains 1567 points, Nifty at 17759.30

Tuesday, August 30, 2022
At Close, Sensex clocked a one-way rally of 1,564 points, or 2.7 percent, to end at 59,537. The Nifty50, too, surged 446 points, or 2.58 percent, to close at 17,759 as broad-based buying emerged across sectors. All the 50 constituents of the Nifty50 index settled higher Bajaj Finserv, IndusInd Bank, Maruti, Bajaj Finance, and Tata Motors were the top Nifty gainers, while Dr. Reddy’s was the sole loser. The BSE MidCap index added about 2 percent, while the BSE SmallCap index gained 1.3 percent. The Nifty Financial Services index is up 3.5 percent, the Nifty Realty index 3.4 percent, the Nifty Bank index 3.3 percent, and the Nifty IT and Auto indices 2.6 percent each. According to Devang Mehta, Head – of Equity Advisory at Centrum Wealth, Indian markets bounced back with renewed vigor after a sharp fall on Monday, led by the inflation and interest rate rhetoric from the US.

Closing Bell: Sensex down 861 points, Nifty at 17312.90

Monday, August 29, 2022
At Close, the Sensex was down 861.25 points or 1.46% at 57,972.62, and the Nifty was down 246 points or 1.40% at 17,312.90, as a lack of innovative fresh investments across verticals dented sentiment. Tech Mahindra, Infosys, Wipro, HCL Technologies, and TCS were among the significant Nifty losers, while Britannia Industries, Maruti Suzuki, Apollo Hospitals, Nestle India, and Asian Paints were the gainers. About 1414 shares have advanced, 1989 shares declined, and 205 are unchanged. The BSE MidCap and SmallCap indices closed up to 0.8 percent down in the broader market. Among sectors, the Nifty FMCG index was the sole gainer, up 0.3 percent. On the flip side, losses were led by the Nifty IT index down 3.5 percent, and the Nifty Bank index down 2 percent.

Closing Bell: Sensex falls 872 points, Nifty at 17490.70

Monday, August 22, 2022
At Close, the Sensex was down 872.28 points or 1.46% at 58773.87, and the Nifty was down 267.80 points or 1.51% at 17490.70, as global macroeconomic concerns resurfaced. ITC gained 0.58% to end as the top gainer followed by Nestle India. All other Sensex stocks closed in the red, led by Tata Steel, down 4.3%. Asian Paints, L&T, and Ultratech Cement were the other laggards.About 1228 shares have advanced, 2214 shares declined, and 163 are unchanged. The BSE MidCap index skidded nearly 2 percent in the broader markets, while the BSE SmallCap index ended at 1.15 percent lower. All the sectoral indices ended in red. Bank Nifty was down 1.77% on the closing bell while India VIX zoomed 4% to close at 19.04.

Closing Bell: Sensex down 652 points, Nifty at 17758.45

Friday, August 19, 2022
At Close, the Sensex was down 651.85 points or 1.08% at 59,646.15, and the Nifty was down 198 points or 1.10% at 17,758.50 snapping an 8-day gaining streak and ending lower amid weak global cues.IndusInd Bank, Apollo Hospitals, Bajaj Finserv, Tata Motors, and Hindalco Industries were among the major Nifty losers. The gainers were Adani Ports, L&T, Infosys, Eicher Motors, and Bajaj Auto. About 1387 shares have advanced, 1927 shares declined, and 122 shares are unchanged. Broader markets, too, inched lower in the trade as Nifty Midcap 100 and Nifty Smallcap 100 declined over 1 percent. Sector-wise, Nifty Media and Nifty IT bucked the trend. Nifty Pharma, Nifty Bank, and Nifty FMCG, however, were the losers among the pack. Nifty Bank index fell 0.2 percent to 39,572.55 levels.

Closing Bell: Sensex down 52 points, Nifty at 17382.00

Thursday, August 4, 2022
At Close, the Sensex was down 51.73 points or 0.09% at 58,298.80, and the Nifty was down 6.20 points or 0.04% at 17,382, as investors booked profit after six consecutive sessions of the rally, and ahead of the RBI monetary policy outcome on Friday. Sun Pharma jumped 2.46% to end as the top gainer while Nestle India was up 2.39%, followed by Infosys, Dr. Reddy’s, and M&M. NTPC was the worst performer, accompanied by State Bank of India, Axis Bank, and Reliance Industries. About 1515 shares have advanced, 1735 shares declined, and 141 are unchanged. The Nifty Pharma is up 2.37 percent, Nifty IT 1.2 percent, and Nifty FMCG 0.5 percent indices clocking the most gains. PSU banks were the worst hit today with the Nifty PSB index down 1.75 percent. In the broader markets, the BSE MidCap and SmallCap indices added 0.3 percent and 0.2 percent, respectively. India VIX jumped more than 4% to end above 19 levels.

Closing Bell: Sensex sheds 498 points, Nifty at 16483.85

Tuesday, July 26, 2022
At Close, the Sensex was down 497.73 points or 0.89% at 55,268.49, and the Nifty was down 147.20 points or 0.89% at 16,483.80, as investors chose to stay on the sidelines ahead of the US Federal Reserve's monetary policy outcome on Wednesday. Infosys was the worst performing stock on Sensex, down 3.45%, accompanied by Hindustan Unilever, and Axis Bank. Zomato dived another 12.5% on Tuesday. Bajaj Finserv zoomed 5.58%, along with Power Grid and Bharti Airtel. About 1119 shares have advanced, 2128 shares declined, and 138 are unchanged. In the broader market, the BSE MidCap and SmallCap indices dropped over 1 percent each. All the sectoral indices ended in the red with metal, IT, pharma, auto, bank, capital goods, realty, and FMCG indices down 1-2 percent. Bank Nifty ended at 36,408, down 0.87% while India VIX rise 2.77% to breach 18 levels.

Closing Bell: Sensex down 306 points, Nifty at 16631.00

Monday, July 25, 2022
At Close, the Sensex was down 306.01 points or 0.55% at 55,766.22, and the Nifty was down 88.50 points or 0.53% at 16,631. Mahindra & Mahindra was the worst-performing Sensex stock, down 3.83%, followed by Reliance Industries and Maruti Suzuki India. Zomato’s share price tanked 11%. Tata Steel rose 3.1% as the top Sensex gainer, accompanied by IndusInd Bank and Asian paints. About 1465 shares have advanced, 1878 shares declined, and 168 are unchanged. Among sectors, Nifty Auto fell 1.7 percent, Bank Nifty index closed flat with a negative bias while India VIX rose 6.19%while Nifty Metal added 1.5 percent. In the broader market, the BSE MidCap index gained 0.03 percent but the BSE SmallCap index eased 0.13 percent.

Closing Bell: Sensex gains 344.63 points, Nifty at 16049.20

Friday, July 15, 2022
At close, the Sensex was up 344.63 points or 0.65% at 53,760.78, and the Nifty was up 110.50 points or 0.69% at 16,049.20. Hindustan Unilever was the top gaining stock on Sensex, up 2.86%, followed by Titan and Maruti Suzuki India. Tata Steel, Power Grid, and HCL Tech were the laggards. About 1712 shares have advanced, 1491 shares declined, and 147 are unchanged. The BSE MidCap index added 0.85 percent in the broader market, and the BSE SmallCap index, too, gained 0.5 percent. Sectorally, the Nifty Auto index was the biggest gainer, up 2 percent, and FMCG and Capital Goods indices rose 1 percent each, Bank Nifty ended 0.09% higher. The Nifty Metal, on the contrary, eased 0.8 percent. India VIX fell 4% to settle at 17.6%.

Closing Bell: Sensex down 98 points, Nifty at 15938.65

Thursday, July 14, 2022
At close, the Sensex was down 98 points or 0.18% at 53,416.15, and the Nifty was down 28 points or 0.18% at 15,938.70, as the global mood turned cautious amid 40-year high inflation in the US. Sun Pharma was the top gainer on Sensex, up 2.55%, followed by Dr Reddy’s, and Kotak Mahindra Bank. Axis Bank was the worst performing Sensex constituent, accompanied by HCL Tech and State Bank of India. Sectorally, the Nifty PSU Bank index declined by 2 percent, while the Nifty IT index eased by 1.4 percent. On the upside, the Nifty Pharma index added 0.78 percent, Oil & Gas and Power indices gained 1-1.6 percent. In the broader market, the BSE MidCap and SmallCap indices slipped up to 0.56 percent. India VIX was in the red on the closing bell, hanging just above 18 levels.

Closing Bell: Sensex tanks 327 points, Nifty at 15966.65

Wednesday, July 13, 2022
At close, the Sensex was down 372.46 points or 0.69% at 53,514.15, and the Nifty was down 91.60 points or 0.57% at 15,966.70, as investors turned cautious ahead of the key US retail inflation data due later tonight.IndusInd bank was the top BSE Sensex loser, followed by Housing Development Finance Corporation (HDFC), Bharti Airtel, HDFC Bank, and Reliance Industries, among others. On the flip side, Hindustan Unilever (HUL), Asian Paints, Sun Pharma, Kotak Mahindra Bank, NTPC, Nestle India, Power Grid Corporation of India, Infosys, ITC, and others capped the index’s losses. About 1649 shares have advanced, 1584 shares declined, and 141 are unchanged. The BSE MidCap and SmallCap indices ended 0.32 and 0.04 percent higher, respectively. Among sectors, banks & financials, and oil & gas pockets on the Nifty were the top laggards, each closing 1 percent lower. Nifty IT also ended with marginal cuts, while, FMCG and Pharma indices ended with strong gains of 1 percent each.

Closing Bell: Sensex gains 508 points, Nifty at 16058.30

Tuesday, July 12, 2022
At close, the Sensex was down 508.62 points or 0.94% at 53,886.61, and the Nifty was down 157.70 points or 0.97% at 16,058.30, amid nervousness in the global markets. Stocks of Infosys, Nestle India, HCL Tech, HUL, Mahindra & Mahindra, Kotak Mahindra Bank, Asian Paints, IndusInd Bank, and Titan Company were among the top index drags. On the flip side, NTPC, Bharti Airtel, and Bajaj Finance were the only gainers on S&P BSE Sensex. About 1436 shares have advanced, 1784 shares declined, and 157 are unchanged. In the broader markets, the BSE MidCap and SmallCap indices outperformed the benchmark indices as they shed just 0.5 percent. All but the Nifty Realty index traded with losses, led by auto, IT, and metal counters. Nifty Bank index declined 0.95 percent to finish trade at 35,132. India VIX rose 1 percent to settle at 18.55 levels.

Closing Bell: Sensex down 100 points, Nifty at 15810.85

Tuesday, July 5, 2022
At close, the Sensex was down 100.42 points or 0.19% at 53,134.35, and the Nifty was down 24.50 points or 0.15% at 15,810.90.PowerGrid, Shree Cement, Apollo Hospitals, Hindalco, Bajaj Finserv, ONGC, Tata Motors, and HUL were the top gainers on the 50-pack index, while ITC, Wipro, HDFC Life, Britannia Industries, Maruti Suzuki, and M&M were the top draggers. About 1671 shares have advanced, 1538 shares declined, and 150 are unchanged. Overall, the Nifty Metal index was the best performing sectoral index today, up 0.3 percent. On the flipside, the Nifty IT index slipped 0.7 percent, the Power index gained 0.6 percent, while selling was seen in the realty, IT, auto, and banking names. In the broader markets. the BSE MidCap index fell 0.4 percent, but the BSE SmallCap index rose by 0.2 percent.

Closing Bell: Sensex down 111 points, Nifty at 15752.05

Friday, July 1, 2022
At close, the Sensex was down 111.01 points or 0.21% at 52907.93, and the Nifty was down 28.30 points or 0.18% at 15752. Benchmark indices staged a smart recovery in the dying hours of trade and even turned positive just a few minutes before closing in the red.ONGC, Reliance Industries Power Grid Corporation, Bajaj Auto, and Bharti Airtel were among the top Nifty losers. ITC, Bajaj Finance, Bajaj Finserv, Britannia Industries, and Cipla were among the gainers on the index. About 1708 shares have advanced, 1503 shares declined, and 144 shares are unchanged. In the broader markets, the BSE MidCap and SmallCap indices fell 0.07 percent and 0.46 percent, respectively. Among sectors, the BSE Oil and Gas Index dropped 3.5 percent, and Realty and FMCG indices were up 1-2 percent. Bank Nifty gained 0.34% while India VIX was down 2.7% but still above 21 levels.

Closing Bell: Sensex eends flat down 8.03 points, Nifty at 15780.25

Thursday, June 30, 2022
At close, the Sensex was down 8.03 points or 0.02% at 53018.94, and the Nifty was down 18.80 points or 0.12% at 15780.30, amid weakness in US stock futures and European markets. Tech Mahindra, IndusInd Bank, Bajaj Finance, Tata Steel, Bajaj Finserv, HCL Tech, M&M, and HDFC were among the top index draggers. On the flip side, Axis Bank, State Bank of India (SBI), Kotak Mahindra Bank, NTPC, ICICI Bank, Reliance Industries Ltd, and L&T were among the top BSE Sensex gainers. About 1336 shares have advanced, 1857 shares declined, and 138 shares are unchanged. The BSE MidCap and SmallCap indices shed 0.5 and 0.7 percent, respectively. Sectorally, Nifty Banks and financials were the sole outperformers, ending around 0.5 percent up. On the flip side, metals led losses closing 2 percent down. Other top drags were auto, IT, realty, and PSBs, which cracked a percent each.

Closing Bell: Sensex down 150 points, Nifty at 15799.10

Wednesday, June 29, 2022
At Close, Benchmark indices ended in the red on June 29 snapped a 4-day winning streak and closed 150 points down or 0.28% at 53026.97, and Nifty was down 0.32% or 51.1 points at 15799.1. HDFC Life, HUL, Apollo Hospitals, Axis Bank, Tata Consumer Products, Bajaj Finserv, and UPL were the major draggers, down up to 4.5 percent. Reliance Industries, Bharti Airtel, ITC, and NTPC were the major gainers in the Sensex pack. In the broader markets, the BSE SmallCap index settled a wee bit in the red, while the BSE MidCap index fell 0.7 percent. Sectorally, most of the indices closed with losses barring the Nifty Oil and Gas index (up 0.9 percent). The Nifty IT, Bank, and FMCG indices dropped over 1 percent each. Among sectors selling was seen in the bank, IT, and FMCG names.

Closing Bell: Sensex down 709 points, Nifty at 15413.30

Wednesday, June 22, 2022
Stock markets were back on the downtrend after a two-day hiatus, as a lack of triggers erased momentum. At Close, the Sensex was down 709.54 points or 1.35% at 51,822.53, and the Nifty was down 225.50 points or 1.44% at 15,413.30, amid weak global cues. Hindalco Industries, UPL, Tata Steel, JSW Steel, and Wipro were among the top Nifty losers. The gainers were BPCL, Hero MotoCorp, TCS, Maruti Suzuki, and Power Grid Corporation. About 1218 shares have advanced, 2025 shares declined, and 105 shares are unchanged. In the broader markets, the Nifty MidCap100 and SmallCap100 indices fell up to 1.6 percent. On the sectoral front, all the key indices closed in the red with the Nifty Metal index down 5 per cent, and Nifty Oil & Gas index 2 per cent.

Closing Bell: Sensex down 135 points, Nifty at 15293.50

Friday, June 17, 2022
At close, the Sensex was down 135.37 points or 0.26% at 51,360.42, and the Nifty was down 67.10 points or 0.44% at 15,293.50, as investors remained worried about the global growth outlook. Bajaj Finance was the top S&P BSE Sensex gainer, up 3 percent. It was followed by Bajaj Finserv, Reliance Industries Ltd (RIL), ICICI Bank, HDFC Bank, ITC, Tata Steel, State Bank of India, and Kotak Mahindra Bank, among others. About 1082 shares have advanced, 2162 shares declined, and 95 shares are unchanged. Nifty Auto was down 1.2 percent, Nifty FMCG fell 1 percent, Nifty IT lost 1.5 percent, and Nifty Pharma 2.2 percent. While Nifty Bank was up 0.4 percent. In the broader markets, the BSE MidCap and SmallCap indices underperformed the benchmarks and slipped up to 0.9 percent.

Closing Bell: Sensex crashes 1046 points, Nifty at 15360.60

Thursday, June 16, 2022
At close, the Sensex was down 1,045.60 points or 1.99% at 51,495.79, and the Nifty was down 331.60 points or 2.11% at 15,360.60, as investors read through the fine print of the US Federal Reserve's policy statement. Reliance Industries was the top Sensex gainer, followed by Maruti Suzuki India, and ICICI Bank. Power Grid was the top laggard, accompanied by Bharti Airtel and Nestle India. About 607 shares have advanced, 2680 shares declined, and 97 shares are unchanged. Cyclical sectors were the worst hit amid fears of a global slowdown with the Nifty Metal index cracking 5 percent. The Nifty Realty, Auto, Bank, and IT indices fell over 2 percent each. In the broader markets, the BSE MidCap and SmallCap indices declined up to 2.87 percent.

Closing Bell: Sensex down 152 points, Nifty at 15692.15

Wednesday, June 15, 2022
At close, the Sensex was down 152.18 points or 0.29% at 52,541.39, and the Nifty was down 39.90 points or 0.25% at 15,692.20, as investors booked profit ahead of the US Federal Reserve's interest rate decision, due later tonight. Bajaj Finserv was up 4.24% as the best performing Sensex stock, followed by Bajaj Finance, Tata Steel, and L&T. In the red were NTPC, Infosys, Reliance Industries, and HUL. About 1730 shares have advanced, 1484 shares declined, and 143 shares are unchanged. The BSE MidCap and SmallCap indices added around 0.5 percent each. Sectorally, the Nifty Auto index, capital goods, and pharma gained the most and closed nearly a percent higher, while the Nifty Metal fell 0.7 percent, While selling is seen in the power, IT, oil & gas, realty, and FMCG. India VIX ended in the red

Closing Bell: Sensex down 153 points, Nifty at 15732.10

Tuesday, June 14, 2022
At close, the Sensex was down 153.13 points or 0.29% at 52,693.57, and the Nifty was down 42.30 points or 0.27% at 15,732.10, as investors anticipated aggressive rate hikes by central banks, including the US Federal Reserve, to tame multi-year high inflation. Bajaj Auto was the worst-performing Sensex stock, falling 4.71%, followed by IndusInd Bank, Tech Mahindra, and Reliance Industries. Up with gains were NTPC, Ultratech Cement, Bharti Airtel, and M&M. About 1506 shares have advanced, 1730 shares declined, and 132 shares are unchanged. IT, metals, and pharma stocks ended higher in the range of 0.15 percent to 0.9 percent on the NSE. In the broader markets, the Nifty SmallCap index fell 0.23 percent, while the Nifty midcap index shed 0.14 percent. While India's VIX fell 2.15% and gave up 22 levels.

Closing Bell: Sensex crashes 1456 points, Nifty at 15774.40

Monday, June 13, 2022
At Close, the Sensex was down 1,457 points or 2.68% at 52,846.70, and the Nifty was down 427.40 points or 2.64% at 15,774.40, as investors across the world shunned risky assets. The havoc comes after May's US inflation print, at a 40-year high of 8.6 percent, reignited fears that central banks will be forced into aggressive monetary policy tightening. Nestle India was the only Nifty company that ended 0.5% higher. The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS. In the broader markets, the Nifty MidCap 100 and SmallCap 100 declined 2.9 percent and 3.8 percent, respectively. Sectorally, all the indices sunk on the NSE with the Nifty IT and Media indices sliding 4 percent each, and the Nifty Bank tanking over 3 percent

Clcosing Bell: Sensex tanks 1017 points, Nifty at 16201.80

Friday, June 10, 2022
At Close, Sensex is down 1,017 points or 1.84 percent, closed at 54303.44, and Nifty is down 276 points or 1.68 percent and closed at 16201.80, as investors fretted over longer-than-expected sticky inflation, coupled with aggressive monetary policy tightening. Kotak Mahindra Bank, Bajaj Finance, Housing Development Finance Corporation (HDFC), Reliance Industries Ltd (RIL), Wipro, Infosys, and Tech Mahindra were among the top BSE Sensex losers. On the flip side, Asian Paints, UltraTech Cement, Dr. Reddy’s Laboratories, Titan Company, IndusInd Bank, and Nestle India were among BSE Sensex gainers. On the sectoral front, the Nifty Bank index lost 1.7 percent to settle at 34,484. Sectorally, all but Nifty FMCG ended the session in the red. The losses were led by the Nifty IT, Oil & Gas, Private Bank, and Financial Services indices as they fell 2 percent each. India VIX, the volatility index, was up 2.3 percent to finish at 19.6 levels.

Closing Bell: Sensex down 215 points, Nifty at 16356.25

Wednesday, June 8, 2022
At Close, Sensex is down 215 points or 0.39 percent lower at 54,892.49, and Nifty was down 60 points and ended at 16,356.25. The markets exhibited a high amount of volatility as the RBI hiked the repo rate hike by 50 basis points. Tata Steel, State Bank of India (SBI), Dr. Reddy’s Laboratories, TCS, Titan Company, Bajaj Finance, and Maruti Suzuki were top index gainers. On the contrary, Bharti Airtel was the top drag, followed by ITC, Reliance Industries Ltd (RIL), Asian Paints, Axis Bank, and ICICI Bank among others. Among the broader market, the BSE Midcap and the Smallcap indices also ended with minor losses. The BSE Telecom index shed 1.6 percent. The Energy and FMCG indices were down a percent each. On the positive front, the BSE Realty index surged nearly 2 percent. Nifty Bank fell 0.14 percent to settle at 34,946.15

Closing Bell: Sensex down 568 points, Nifty at 16416.35

Tuesday, June 7, 2022
At Close, the Sensex was down 567.98 points or 1.02% at 55107.34and the Nifty was down 153.20 points or 0.92% at 16416.30. as investors booked profit in equities a day ahead of the RBI's monetary policy outcome. Only Reliance Industries Ltd (RIL), and Axis Bank were trading in the green. Top index losers were Titan Company, Asian Paints, Hindustan Unilever Ltd (HUL), Sun Pharma, Kotak Mahindra Bank, Dr. Reddy’s Laboratories, Mahindra & Mahindra (M&M). Consumer durables, realty, IT, and financials were the worst hit. Except for the Nifty PSU Bank and Nifty Oil & Gas indices, all the sectoral indices were ruling negatively. Nifty Bank index fell 0.7 percent to 35,056.65. The BSE MidCap and SmallCap indices dropped up to 0.88 percent in the broader market.

LIC share price fall all time low, M-Cap Below Rs 5 Lakh Crore

Monday, June 6, 2022
Shares of Life Insurance Corporation of India (LIC) hit an all-time low, falling 3 percent to Rs 776.1, on the BSE on Monday, which is 18 percent down from its IPO issue price of ₹ 949. With the fall in share prices, the market capitalization of the company also fell below Rs 5 lakh crore to Rs 4.98 lakh crore. It is now the seventh most valuable company in the country. LIC share is trading in the red for the fifth straight session. The scrip has slumped by around 7 percent in the last five sessions The decline in LIC shares is far sharper than the general decline in the market.LIC shares got listed on the stock exchanges on May 17. Since its listing, the scrip has closed in the positive four sessions. For the rest of the days, it witnessed selling pressure. Read more

Closing Bell: Sensex down 380 points, Nifty at 16569.55

Monday, June 6, 2022
At Close, Sensex recouped 379 points from the day's low and ended 94 points or 0.2 percent down at 55,675, while NSE Nifty 50 index finished trade at 16569.55, down 0.1 percent. Tata Steel was the top gainer, followed by IndusInd Bank, Mahindra & Mahindra, ITC, Kotak Mahindra Bank, Infosys, and ICICI Bank among others. On the contrary, Asian Paints, UltraTech Cement, Bajaj Finserv, Nestle India, Hindustan Unilever, and Sun Pharma were top draggers. In the broader market, the BSE MidCap index dipped 0.15 percent, while the BSE SmallCap shed 0.54 percent. India VIX rose 1.13 percent to 20.20 levels. Realty and capital goods, FMCG, and IT stocks are top losers. Metals, private banks, and auto players are the gainers.

Closing Bell: Sensex down 49 points, Nifty at 16584.30

Friday, June 3, 2022
At Close, the Sensex index fell 664 points from the day's high to close at 55,769, down 49 points or 0.09 percent. and the Nifty50 shed 44 points to 16,584, amid the volatile session and selling pressure. Reliance Industries (RIL) was the top gainer, followed by Infosys, L&T, HCL Technologies, and Sun Pharma. The top laggards were Ramco Cement, ACC, Nuvoco Vistas, and Grasim. About two shares declined for every share rising on the NSE. The Nifty Auto index was the worst hit as it shed around 1.8 percent, while the Nifty Bank, Metal, PSU/Private Banks, and Realty indices fell up to 1 percent each. The Nifty IT index was the only gainer, up 0.45 percent. The BSE MidCap and SmallCap indices fell 1.45 percent and 1.16 percent.

Closing Bell: Sensex tanks 1416 points, Nifty at 15809.40

Thursday, May 19, 2022
At close, the Sensex was down 1,416.30 points or 2.61% at 52,792.23, and the Nifty was down 430.90 points or 2.65% at 15,809.40, ending lower for the second consecutive session on May 19 tacking a sharp global selloff since June 2020. HCL Technologies, Reliance Industries (RIL), Infosys, and Tata Consultancy Services (TCS) were the top Sensex losers. On the flip side, ITC and Dr.Reddy’s Laboratories settled in the positive territory, About 838 shares have advanced, 2413 shares declined, and 122 shares are unchanged. The BSE MidCap index declined 2.6 percent while the BSE SmallCap index fell 2.3 percent. Sectorally, all the indices drowned in losses with metal falling 4 percent. The Nifty IT index plunged 6 percent on the NSE today after global brokerage JPMorgan downgraded the sector to "underweight".

Closing Bell: Sensex ends low @ 54208.53, Nifty @ 16240.30

Wednesday, May 18, 2022
At close, the Sensex was down 109.94 points or 0.20% at 54,208.53, and the Nifty was down 19 points or 0.12% at 16,240.30, as equity markets turned volatile during the afternoon session, and ultimately ended lower on Wednesday. Tata Consumer Products, Shree Cements, UltraTech Cement, Cipla, and HUL were among the top Nifty gainers. However, the losers were Power Grid Corporation, BPCL, Apollo Hospitals, Tata Motors, and Tech Mahindra. About 1865 shares have advanced, 1409 shares declined, and 108 shares are unchanged. The BSE MidCap index dipped 0.13 percent while the BSE SmallCap index added 0.33 percent. Sectorally, the Nifty Realty and PSU Bank indices were the worst hit as they slipped 1.75 percent and 1.6 percent on the NSE. Nifty Bank index fell 0.4 percent, Nifty IT was down 0.5 percent, and Nifty PSU Bank tanked 1.6 percent On the flip side, defensive sectors FMCG and Pharma rose over 1 percent each. India VIX, the volatility index, settled 2 percent down at the 22.30 level.

Closing Bell: Sensex ends 137 points low, Nifty at 15782.15

Friday, May 13, 2022
At close, the Sensex was down 136.69 points or 0.26% at 52,793.62, and the Nifty was down 25.80 points or 0.16% at 15,782.20 for the sixth straight day despite an upbeat global mood., as the investors booked profit in banks and metal stocks.SBI was the biggest laggard on the index, down nearly 5 percent, as the lender's Q4 missed Street's estimates.NTPC, ICICI Bank, Axis Bank, Maruti Suzuki, Airtel, HDFC twins, and Bajaj twins were the other draggers. Gainers included Tata Motors, Sun Pharma, M&M, ITC, and HUL. The BSE SmallCap index added over 1.3 percent and the BSE MidCap index gained 0.6 percent. Sectorally, the Nifty Metal index fell 2 percent, followed by the Nifty Bank index (down over 1 percent). On the upside, the Nifty Auto index gained 2.5 percent

Closing Bell: Sensex down for 5th day closes @ 52930.31, Nifty at 15808.00

Thursday, May 12, 2022
At close, the Sensex was down 1,158.08 points or 2.14% at 52,930.31, and the Nifty was down 359.10 points or 2.22% at 15, 808 as a result of Inflationary and interest rate hike headwinds, that have emerged as a fallout of the Ukraine-Russia war and easy monetary policy, are biting into equity returns. HCL Technologies was the only Sensex stock to have closed with gains, up 0.08%. IndusInd Bank was the worst performer, down 5.7%, followed by Tata Steel, Bajaj Finance, and Bajaj Finserv. About 747 shares have advanced, 2542 shares declined, and 84 shares are unchanged. The BSE MidCap index fell 2.2 percent and the BSE SmallCap index shed 1.9 percent. Sectorally, all the key indices closed in the negative zone with the Nifty PSU Bank index seeing the worst knock, down over 5 percent.India VIX was up 6.45% on the closing bell at 24.27

Closing Bell:Sensex down 276 points, Nifty at 16167.10

Wednesday, May 11, 2022
At Close, the Sensex was down 276.46 points or 0.51% at 54,088.39, and the Nifty was down 72.90 points or 0.45% at 16167.10 as global cues remained subdued ahead of critical macroeconomic data. Axis Bank was the top gainer on Sensex, up 2.5% while IndusInd Bank gained 1.67%, followed by HDFC, and Kotak Mahindra Bank. Larsen & Toubro was down 2% as the worst-performing Sensex stock, accompanied by Bajaj Finserve, NTPC, and Bajaj Finance. About 787 shares have advanced, 2531 shares declined, and 116 are unchanged. The BSE Midcap index was down 0.3 percent, and the Smallcap index slipped 2.2 percent. Among sectors, bank and realty indices were up 0.5 percent each, while IT, auto, FMCG, pharma, power, and capital goods indices shed 0.5-1 percent.

Closing Bell: Sensex down 106 points, Nifty at 16240.05

Tuesday, May 10, 2022
At close, the Sensex was down 105.82 points or 0.19% at 54,364.85, and the Nifty was down 61. Tata Steel was the worst-performing Sensex stock on Tuesday, tanking 7.22%, followed by Sun Pharma and NTPC. Hindustan Unilever was the top gainer, up 3%. Asian Paints, IndusInd Bank, and Ultratech Cement were some of the other gainers.About 848 shares have advanced, 2428 shares declined, and 132 shares are unchanged. The BSE Midcap and Smallcap indices were down over 2 percent each. Sectorally, the BSE Metal index slumped 5.6 percent. The Power index tumbled over 4 percent. The Power, Energy, and Realty indices were down 2-3 percent each.India's VIX remained above 22 levels.

Closing Bell: Sensex ends flat at 56975.99, Nifty at 17069.10

Monday, May 2, 2022
At close, the Sensex was down 84.88 points or 0.15% at 56,975.99, and the Nifty was down 33.40 points or 0.20% at 17,069.10 as domestic equities bounced back sharply off lows in the fag-end of the session and ended around the flat line on Monday. The reversal came as US Futures indicated a positive start on Wall Street later today.IndusInd Bank was the top gainer on the Sensex index today, NTPC, Tata Steel, HDFC, PowerGrid, and ITC were the other major gainers. On the downside. Titan Company slipped 3 percent, followed by Wipro, Tech M, Infosys, Maruti Suzuki, and Asian Paints. About 1201 shares have advanced, 2180 shares declined, and 175 shares are unchanged. In the broader markets, the BSE MidCap and SmallCap indices closed 0.45 percent and 0.8 percent down, respectively. Sectorally, the Nifty Metal and Private Bank indices were the top gainers on the NSE (gaining 0.5 percent each), while the Nifty IT down 1.5 percent was the worst hit.

Closing Bell: Sensex down 460 points, Nifty at 17102.55

Friday, April 29, 2022
At close, the Sensex was down 460.19 points or 0.80% at 57,060.87, and the Nifty was down 142.50 points or 0.83% at 17,102.50., as investors booked profits at higher levels. Axis Bank was the top Sensex drag, tumbling 6.4 percent. It was followed by Wipro, Maruti Suzuki, Power Grid Corporation of India, State Bank of India (SBI), and Titan Company. On the flip side, Kotak Mahindra Bank, Sun Pharma, HDFC Bank, Tata Steel, Housing Development Finance Corporation (HDFC), and HUL were top index gainers. The MidCap and SmallCap indices slipped about 1 percent each. Sectorally, all the indices ended the day in the red zone, dragged by the Nifty Oil and Gas index, down 2.5 percent. Realty, PSU bank, power, and capital goods indices lost 1-2 percent. Bank Nifty fell nearly 1 percent to close at 36,088.

Closing Bell: Sensex falls 537 points, Nifty at 17038.40

Wednesday, April 27, 2022
At close, the Sensex was down 537.22 points or 0.94% at 56,819.39, and the Nifty was down 162.40 points or 0.94% at 17,038.40 due to fears of a weak global growth outlook due to the Ukraine-Russia war, coupled with rising Covid-19 cases, equity markets headed lower while oil prices rose. Bajaj Finance, ICICI Bank, Infosys, Bajaj Finserv, and State Bank of India (SBI) contributed the most to the indices’ loss. while gainers were Hero MotoCorp, Tata Steel, Asian Paints, Bajaj Auto, and TCS. About 1146 shares have advanced, 2140 shares declined, and 107 shares are unchanged. The BSE MidCap and SmallCap indices closed up to 0.8 percent down. Sectorally, all the indices closed in the red zone, led by the Nifty Financial Services index down 1.45 percent, bank, oil & gas, power indices down a percent each. India VIX, the volatility index surged 7.4 percent to settle at 20.61 levels.

Closing Bell: Sensex down 714 points, Nifty at 17171.95

Friday, April 22, 2022
At close, the Sensex was down 714.53 points or 1.23% at 57,197.15, and the Nifty was down 220.60 points or 1.27% at 17,172 as investors dumped stocks across the board. Mahindra & Mahindra was the top gainer on Sensex, up 0.84%, followed by Bharti Airtel, ITC, and HCL Technologies. State Bank of India was the worst-performing stock, falling 3.2%, accompanied by HUL, and IndusInd Bank. About 1447 shares have advanced, 1882 shares declined, and 115 shares are unchanged. While Bank, Financial Services, Pharma, and Metal indices were the worst hit down around 2 percent each, Auto, FMCG, and IT indices were the least hit sectors, down 0.6 percent each. The BSE MidCap index and Smallcap index slipped 0.7 percent and 0.4 percent, respectively. while India's VIX rose 2.8% to close above 18 levels.

Closing Bell: Sensex falls 237 points, Nifty at 17475.65

Wednesday, April 13, 2022
At Close, the Sensex was down 237.44 points or 0.41% at 58,338.93, and the Nifty was down 54.60 points or 0.31% at 17,475.70 as profit booking in banks and financial stocks weighed on the sentiment. Maruti Suzuki, HDFC, HDFC Bank, Tata Motors and Dr Reddy’s Labs were among the top Nifty losers Whereas, ONGC, Apollo Hospitals, ITC, Sun Pharma and UPL were among the top gainers. In the broader market, the BSE MidCap index slipped 0.21 percent but the BSE SmallCap index added 0.27 percent. Among sectors, the Nifty Private Bank index was the worst hit as it dipped by 1 percent. On the upside, the Nifty Metal index gained the most, rising 0.57 percent. India VIX was down over 2% at 17.79 level.

Closing Bell: Sensex down 388 points, Nifty at 17530.30

Tuesday, April 12, 2022
At close, the Sensex was down 388.20 points or 0.66% at 58,576.37, and the Nifty was down 144.70 points or 0.82% at 17,530.30 as rising bond yields, fears of aggressive rate hikes by global central banks, and Covid-19 scare in China are among the key pain-points for investors. Axis Bank soared 1.6% higher to end as the top Sensex gainer, followed by Kotak Mahindra Bank, and Power Grid Corporation. Tata Steel was the top laggard, falling 2.63%, followed by Bajaj Auto, and Tech Mahindra. About 1146 shares have advanced, 2193 shares declined, and 90 shares are unchanged. Bank Nifty outperformed, gaining 0.36% to finish the day at 37,747 while India India VIX closed with losses. Except for bank, all other sectoral indices ended in the red with IT, metal, realty, oil & gas, and capital goods indices down 1-3 percent. BSE midcap and smallcap indices shed over a percent each.

Opening Bell: Nifty slips below 17,600,Sensex at 58561.40

Tuesday, April 12, 2022
Indian equity benchmarks started on a weak note ahead of Jan-March earnings due this week and amid an overall negative trend across global markets. Also ahead of US inflation data and ECP meeting, even as TCS q4 results came on expected lines on Monday. SGX Nifty Futures index was trading lower by more than 170 points on the Singaporean exchange ahead of the domestic market opening. Benchmark indices were trading lower with the Nifty around 17500 dragged by metal, IT, realty, and capital goods stocks. while the Sensex dropped more than 300 points About 831 shares have advanced, 2115 shares declined, and 91 shares are unchanged. Following benchmarks, Nifty midcap and small-cap indices too opened marginally lower in the red.Maruti Suzuki, Divis Lab, HCL Tech, Cipla, Tata Consultancy Services, Kotak Bank, Apollo Hospitals, ONGC, and HDFC were the top gainers in the Nifty pack. Hindalco, Tata Motors, Tata Steels, BPCL, Wipro, UPL, Bajaj Finserv, Tech Mahindra, Infosys, and JSW Steel Read more

Closing Bell: Sensex down 575 points, Nifty at 17639.55

Thursday, April 7, 2022
At Close, the Sensex was down 575.46 points or 0.97% at 59,034.95, and the Nifty was down 168.20 points or 0.94% at 17,639.50, as weak global cues and nervousness ahead of the Reserve Bank of India's monetary policy outcome tomorrow kept investors on the sidelines. Adani Ports, Titan Company, HDFC, Power Grid Corp, and ONGC were among the top Nifty losers. Axis Bank, Divis Labs, HUL, Dr. Reddy’s Laboratories, and ICICI Bank were the top gainers. About 1678 shares have advanced, 1644 shares declined, and 102 shares are unchanged. The Nifty Oil and Gas, and Consumer Durable indices ended over 2 percent and 1.7 percent lower, respectively. On the upside, the Nifty Pharma index added 0.4 percent. The BSE MidCap and SmallCap indices slipped up to 0.6 percent relative to the benchmarks' 0.97 percent fall.

Closing Bell: Sensex down 566.09 points, Nifty at 17807.65

Wednesday, April 6, 2022
At close, the Sensex was down 566.09 points or 0.94% at 59,610.41, and the Nifty was down 149.70 points or 0.83% at 17,807.70.HDFC Bank, HDFC, and HDFC Life were the biggest laggards on the 50-pack index. Coal India, Tata Steel, NTPC, UPL, PowerGrid, BPCL, and Bharti Airtel were the gainers on the Sensex pack. About 2094 shares have advanced, 1229 shares declined, and 92 shares are unchanged. The BSE MidCap and SmallCap indices advanced about 0.4 per cent each. The Nifty PSU Bank and Metal indices were the only gainers in this subdued market, rising 2 percent and 1.3 percent, respectively. On the downside, the Nifty Financial Services and IT indices slipped 1.6 percent each, followed by the Nifty Bank index, down 1.2 percent.

Closing Bell: Sensex down 435 points, Nifty at 17957.40

Tuesday, April 5, 2022
At close, the Sensex was down 435.24 points or 0.72% at 60,176.50, and the Nifty was down 96 points or 0.53% at 17,957.40, as investors booked profits in HDFC Bank and HDFC along with other heavyweights. NTPC was the top stock gainer, followed by Power Grid corporation, ITC, and Titan. HDFC Bank was the top laggard, accompanied by Bajaj Finserv, and HDFC. About 2280 shares have advanced, 1035 shares declined, and 97 shares are unchanged. Among sectors, the Nifty Bank and Financial Services indices were the only losers, slipping around 1.5 percent each. The gains, meanwhile, were led by the Nifty Auto and FMCG indices, up a little over 1 percent each. The BSE MidCap and SmallCap indices gained 1.3 percent and 1.4 percent, respectively.

Closing Bell: Sensex down 234 points, Nifty at 17153.00

Friday, March 25, 2022
At Close, Sensex was down 233.48 points or 0.41% at 57362.20, and the Nifty falling 69.80 points or 0.41% at 17153, as energy prices, including crude oil futures, eased after the US and European Union signed an agreement to share energy needs. Titan Company, Tech M, Maruti Suzuki, Cipla, IOC, Nestle India, Hero MotoCorp, Eicher Motors, L&T, TCS, Wipro, and Tata Steel were the top laggards, losing upwards of a percent each. About 1256 shares have advanced, 1958 shares declined, and 91 shares are unchanged. The BSE MidCap and SmallCap indices dipped 0.3 percent each. Among sectors, the Nifty Realty index was the top gainer, up 1.2 percent. On the flip side, the Nifty Consumer Durable index was the worst hit, down over 2 percent, followed by the Nifty IT and FMCG indices, down up to 1 percent.

Closing Bell: Sensex falls 571 points, Nifty at 17117.60

Monday, March 21, 2022
At Close, Sensex fell 571.44 points or 0.99% at 57292.49, and the Nifty was down 69.40 points or 0.98% at 17117.60, as the Russia-Ukraine conflict failed to de-escalate despite several rounds of talks between the two nations.ICICI Bank, TCS, Kotak Mahindra Bank, HDFC, and Hindustan Unilever were the biggest drags for both indices. Coal India, Hindalco, UPL, Tata Steel, and NTPC, were among the top gainers today, About 1516 shares have advanced, 1919 shares declined, and 140 shares are unchanged. The BSE MidCap index ended 0.7 percent down while the BSE SmallCap index added 0.4 percent. Sectorally, only the Nifty Metal and Media indices ended in the green, inching up 1.3 percent and 0.3 percent, respectively. The top laggards were the Nifty FMCG index, down 2 percent, and the Nifty PSU Bank index, down 1.5 percent.

Closing Bell: Sensex down 709 points, Nifty at 16663.00

Tuesday, March 15, 2022
At close, the Sensex was down 709.17 points or 1.26% at 55,776.85, and the Nifty was down 208.30 points or 1.23% at 16,663, breaking five-day winning momentum as Ukraine-Russia talks reached "crossroads". Mahindra & Mahindra was the top gainer on Sensex, up 2.23%, followed by Maruti Suzuki India, and Nestle India. Tata Steel was the worst-performing stock on Sensex, accompanied by Tech Mahindra, and Kotak Mahindra Bank. About 1296 shares have advanced, 2014 shares declined, and 95 shares are unchanged. Among sectors, the BSE Metal index slumped over 4 percent, followed by the BSE Oil and Gas index (down 2.7 percent), the BSE IT index (down 2.4 percent). On the upside, BSE Auto and FMCG indices were the only gainers, adding up to 0.4 percent. The BSE midcap and smallcap indices lost 0.5 percent each. India VIX soared 4% to breach 26 levels again.

Closing Bell: Sensex down 1491 points, Nifty at 15863.15

Monday, March 7, 2022
At close, the Sensex is down 1491 points or 2.74% at 52842.75, and the Nifty was down 382 points or 2.35% at 15863.15, as the US and European Union mulled boycotting importing oil from Russia. Consequently, fears of tighter oil and gas supplies, higher inflation, and, thus, faster-than-expected rate hikes by global central banks hit investor sentiment. Bharti Airtel, HCL Tech, Infosys, ITC, and Tata Steel were the top gainers in the Sensex pack.,ONGC, Hindalco, Coal India, UPL, Cipla, ITC, NTPC, and JSW Steel were the additional gainers on the Nifty. On the downside, IndusInd Bank, Maruti Suzuki, Bajaj Finance, Axis Bank, Britannia, Bajaj Finserv, Tata Motors, Ultratech Cement, ICICI Bank, SBI, Hero Moto, HDFC, L&T, HUL, RIL, and HDFC Life were the losers in the Sensex pack.The BSE MidCap and SmallCap indices closed 2.2 percent lower each. Sectorally, indices of rate-sensitive sectors such as Auto, Realty, Bank, Financial Services fell between 4 and 5.5 percent. Read more

Closing Bell: Sensex down 768 points, Nifty at 16245.35

Friday, March 4, 2022
At close, the Sensex is down 768.87 points or 1.40% at 54,333.81, and the Nifty was down 252.60 points or 1.53% at 16,245.40, as Russia's invasion of Ukraine escalated, with Russian forces attacking and seizing control over Europe's largest nuclear power plant earlier today. Dr Reddy’s Lab was the top Sensex gainer, up 2.78% accompanied by ITC, Tech Mahindra, and Ultratech Cement. On the other hand, Titan, Maruti Suzuki, and Asian Paints were the top laggards. The BSE MidCap index declined 2.3 percent and the BSE SmallCap index, meanwhile, settled 1.3 percent lower. Sectorally, only the Nifty IT index eked out again on the NSE, rising 0.14 percent. The Nifty Auto index was the worst hit index today for a second straight day as it ended 3.3 percent down today. All other remaining indices fell between 1 and 3 percent. India VIX closed 0.71% lower.

Closing Bell: Sensex down 366 points, Nifty at 16498.05

Thursday, March 3, 2022
At close, the Sensex was down 366.22 points or 0.66% at 55,102.68, and the Nifty was down 108 points or 0.65% at 16,498 as geopolitical uncertainty and weekly F&O expiry kept investors on the sidelines. About 1963 shares have advanced, 1279 shares declined, and 116 shares are unchanged.ONGC, Power Grid, UPL, Wipro, Tech M, HCL Tech, and Coal India were the top gainers on the Nifty index today, On the downside, Ultratech Cement, HDFC Life, Asian Paints, Shree Cement, Eicher Motors, SBI Life, and Tata Consumer Products were the top laggards, The BSE MidCap index settled 0.64 percent down. The BSE SmallCap index, on the other hand, added 0.35 percent. Sectorally, the Nifty Auto index declined 2 percent on the NSE, followed by the Nifty Private Bank, Bank, and Consumer Durable indices, down 1 percent each. On the flip side, the Nifty IT and Metal indices added 1 percent each.

Closing bell: Sensex down 779 points, Nifty at 16605.95

Wednesday, March 2, 2022
At close, the Sensex was down 779 points or 1.38% lower at 55,468 while NSE Nifty 50 ended 187 points or 1.12% in red at 16,605, as the Russia-Ukraine conflict entered its 7th day today. Tata Steel soared 5.66% as the top Sensex gainer, followed by Reliance Industries and Titan. Maruti Suzuki India was the worst-performing stock on Sensex, down 5.95%, accompanied by Dr. Reddy’s and Bajaj Auto. About 1642 shares have advanced, 1537 shares declined, and 101 shares are unchanged. In the broader markets, the BSE MidCap and SmallCap indices ended 0.1 percent lower each. Sectorally, the Nifty Metal index was the top gainer on the NSE today (up 4 percent) while the Nifty Auto index slumped 3 percent. The Nifty Bank, Financial Services, and Pharma indices dipped 2 percent each. India VIX inched higher and closed at 29.23 levels.

Closing Bell: Sensex crashes 2,700 points, Nifty at 16247.95

Thursday, February 24, 2022
At close, the Sensex was down 2,702.15 points or 4.72% at 54,529.91, and the Nifty was down 815.30 points or 4.78% at 16,248.00 a day of monthly F&O expiry, as Russia attacked Ukraine. All the 30 stocks on S&P BSE Sensex ended in a deep sea of red. IndusInd Bank, Mahindra & Mahindra (M&M), Bajaj Finance, Axis Bank, Reliance Industries Ltd (RIL), HDFC Bank, ICICI Bank, and Infosys, among others, were top index draggers. About 240 shares have advanced, 3084 shares declined, and 69 shares are unchanged. In the broader markets, the BSE Midcap and the BSE SmallCap indices slumped 5.5 percent and 5.7 percent, respectively. Sectorally, the Nifty PSU Bank tumbled over 8 percent, Realty index 7.5 percent, Private Bank 6 percent, and Metal and IT indices 5 percent. The Nifty Bank index, meanwhile, slipped over 2,100 points or 6 percent to end at the 35,200 level. Nifty FMCG too fell over 3 percent. India VIX, the volatility index, rallied 30.31 percent to end at 31.98 levels.

Closing Bell:Sensex down 382 points, Nifty at 17092.20

Tuesday, February 22, 2022
At close, the Sensex was down 382.91 points or 0.66% at 57300.68, and the Nifty was down 114.50 points or 0.67% at 17092.20, for the fifth consecutive session amid weak global cues due to the Russia-Ukraine crisis. Tata Consultancy Services (TCS), State Bank of India (SBI), HDFC Bank, Reliance Industries Ltd (RIL), and Tata Steel, were the top losers in the Sensex pack, Gainers included M&M, Bajaj Finserv, Eicher Motors, Hindalco Industries, and ONGC. About 684 shares have advanced, 2589 shares declined, and 82 shares are unchanged.Sectorally, all the key indices ended with losses. The Nifty Realty index was the worst hit, down 3 percent, followed by the Nifty Pharma, IT, Metal, and Bank indices, down between 1 and 1.5 percent. In the broader market, the BSE MidCap and SmallCap indices, which fell up to 2.5 percent intraday, settled 0.7 percent and 1.6 percent lower, respectively.

Closing Bell: Sensex crashes 1747 points, Nifty at 16842.80

Monday, February 14, 2022
At close, Sensex was down 1,747.08 points, or 3 percent, at 56,405.84, and the Nifty was down 532 points, or 3.06 percent, at 16,842.80, as simmering tensions between Ukraine and Russia crushed equities."Increased tension between the US and Russia over Ukraine sent oil prices rising and forced investors to dump risky assets. Sectorally, all the indices ended in the red with the Nifty PSU Bank index nosediving 5.9 percent; Realty index 5 percent; Private Bank, Financial Services, Bank, and Auto upwards of 4 percent each; and Pharma and IT indices over 2 percent. The BSE MidCap and SmallCap indices cracked 3.5 percent and 4 percent, respectively.“At present, Nifty has support at 16800/16650 levels while resistance comes at 17100 levels. On the other hand, Bank nifty has support at 36370 levels while resistance 37600 at levels,” said Sachin Gupta, AVP, Research, Choice Broking.

Closing Bell: Sensex down 1000 points, Nifty at 17213.60

Monday, February 7, 2022
At close, the Sensex was down 1,023.63 points or 1.75% at 57,621.19, and the Nifty was down 302.70 points or 1.73% at 17,213.60 on increasing fears around hawkish outlook from global central banks and unabated rise in oil prices. L&T, HDFC Bank, Bajaj Finance, Housing Development Finance Corporation (HDFC), Bajaj Finserv, Kotak Mahindra Bank, Titan Company, ICICI Bank were among the top indexes draggers. On the flip side, stocks of Power Grid Corporation of India, NTPC, Tata Steel, State Bank of India (SBI), and UltraTech Cement were the Sensex gainers. About 1389 shares have advanced, 2044 shares declined, and 131 shares are unchanged. Sectorally, all except the Nifty PSB index ended in the red, led by the Nifty Financial Services index (down 2.5 percent) and the Nifty Private Bank index (down 2.3 percent), The Nifty PSB index, on the other hand, ended 1 percent higher. the MidCap and SmallCap indices on the BSE outperformed the headline indices and ended 1.3 percent and 0.8 percent

Closing Bell: Sensex down 143 points, Nifty at 17516.30

Friday, February 4, 2022
At close, the Sensex was down 143.20 points or 0.24% at 58,644.82, and the Nifty was down 43.90 points or 0.25% at 17,516.30, as investors digested key updates from both the Bank of England and the European Central Bank. Sun Pharma was the top Sensex gainer, followed by Asian Paints, Tata Steel, and Ultratech Cement. State Bank of India, Mahindra & Mahindra, and Bajaj Auto were the other top laggards. About 1554 shares have advanced, 1704 shares declined, and 87 shares are unchanged. The BSE MidCap and SmallCap indices were down 0.7 percent and 0.45 percent, respectively. The Nifty Realty index fell 2.8 percent on the NSE, while the Nifty PSB index dipped 1.9 percent. On the contrary, the Nifty Metal index rose 1.2 percent.

Closing Bell: Sensex down 770 points, Nifty at 17560.20

Thursday, February 3, 2022
At close, the Sensex was down 770.31 points or 1.29% at 58,788.02, and the Nifty was down 219.80 points or 1.24% at 17,560.20, as investors booked profit post a recent rally and tepid global cues. Bajaj Auto was the top gainer, followed by ITC, Maruti Suzuki, SBI, and Asian Paints. HDFC was the top laggard, accompanied by Infosys, Larsen & Toubro, and Kotak Mahindra Bank. About 1663 shares have advanced, 1602 shares declined, and 81 shares are unchanged. The BSE MidCap index fell 0.8 percent and the BSE SmallCap index slipped 0.3 percent. Among sectors, all the key indices ended in the red, led by the Nifty IT index (down 2 percent) and the Nifty Realty index (down 1.7 percent). The nifty Auto index was the only gainer, up 0.4 percent. India VIX rose 2.73%, regaining 19 levels.

Closing Bell: Sensex down 77 points, Nifty at 17101.95

Friday, January 28, 2022
At close, the Sensex was down 77 points or 0.13% at 57200.23, hit a high of 58,084-mark, up 807 points intra-day, and the Nifty down 8 points or 0.05% at 17101.95 ended a week of extreme volatility marginally in the red note on Friday, following the US Federal Reserve's monetary policy meeting.NTPC was the top gainer, followed by Sun Pharma, IndusInd Bank, and ITC. Maruti Suzuki was the top loser, accompanied by Tech Mahindra, Power Grid Corporation, and ICICI Bank. The BSE MidCap and SmallCap indices bucked the trend and ended 1 percent higher. Among sectors, financials and autos were the only losers today. The Nifty Bank index slipped 0.7 percent while the Nifty Auto index dropped 0.6 percent. On the contrary, the Nifty IT, Pharma, and Realty indices gained around 1 percent each. India VIX was down 1.76%

Closing Bell: Sensex down 581 points, Nifty at 17110.15

Thursday, January 27, 2022
At close, the Sensex was down 581.21 points or 1% at 57,276.94, and the Nifty down 167.80 points or 0.97% at 17,110.20. Infosys, Tata Consultancy Services (TCS), Reliance Industries Ltd (RIL), ICICI Bank, and HCL Technologies among others contributed the most to the indices’ fall. Axis Bank, SBI, Kotak Bank, IndusInd Bank, and Maruti Suzuki are the major gainers in the sense pack. About 1447 shares have advanced, 1832 shares declined, and 90 shares are unchanged. The Nifty PSU Bank index jumped a massive 5 percent on the NSE, while the Nifty Bank and Private Bank indices added about a percent each. However, FMCG, realty, pharma, and IT indices shed 1-3 percent BSE MidCap index fell over 1 percent while the BSE SmallCap index slid 0.8 percent.

Closing Bell: Sensex tanks 1545 points, Nifty at 17149.10

Monday, January 24, 2022
At close, the Sensex was down 1,545.67 points or 2.62% at 57,491.51, and the Nifty was down 468.10 points or 2.66% at 17,149.10. Panic selling due to the uncertainty around the quantum of a rate hike by the US Fed spooked the markets. Besides, geo-political tensions between Russia and Ukraine, the rising dollar index, and surging oil prices and bond yield added to the woes. Also, the run-up to the Union Budget 2022 has also induced choppiness in the markets. JSW Steel, Tata Steel, Bajaj Finance, Grasim, Hindalco, Wipro, Tech M, Titan, and Tata Consumer Products were the major losers in the index pack. while gainers included Cipla and ONGC.The BSE MidCap index declined 3.8 percent while the BSE SmallCap index slipped 4.4 percent. All the indices ended with sharp losses, led by the Nifty Realty index down 6 percent, the Nifty Metal index down 5.2 percent, and the Nifty IT index down 3.4 percent.

MARKET UPDATE:BSE Sensex down 182 points at 61,053 and the NSE Nifty 54 points lower at 18,203

Friday, January 14, 2022
The benchmark indices in India were seen recouping opening losses and were down up to 0.3 percent today (14th Jan.2022). The BSE Sensex was now down 182 points at 61,053 and the NSE Nifty was 54 points lower at 18,203. The mild recovery in the indices was being supported by gains in heavyweights RIL (up nearly 1 percent) and HDFC Bank( up 0.5 percent), followed by L&T, Ultratech Cement, and Maruti. On the Nifty, Tata Consumer, IOC, BPCL, and SBI Life were the additional gainers. The majority of stocks (30), however, were still negative. Broader indices BSE MidCap and SmallCap were, however, outperforming the benchmarks and were up 0.2 and 0.3 percent, respectively. Read more

Paytm sinks to record low as Macquarie expects more downside

Monday, January 10, 2022
Shares of One97 Communications, the parent company of digital payments major Paytm, hit a new low of Rs 1,153, down 6 percent on the BSE in Monday’s intra-day trade after global brokerage Macquarie maintained its ‘underperform’ rating on the stock and reduced its target price (TP) to Rs 900. It also suggested that the company’s future earnings growth may be worse than it had earlier forecast. The target suggests a 58 percent downside over the issue price of Rs 2,150. From prevailing levels, the target suggests 26 percent downside potential. Shares of Paytm have had an abysmal journey on Dalal Street so far since listing in November last year. The brokerage firm has also cut its earnings projections for Paytm. “We are roughly cutting revenue estimates for FY21-26E on an average by 10% every year due to lower distribution and commerce/cloud revenues offset partially by higher payment revenues,” Macquarie said. Read more

Closing Bell: Sensex down 90.99, Nifty at 17203.95

Thursday, December 30, 2021
At close, the Sensex was down 90.99 points or 0.16% at 57,806.49, and the Nifty was down 19.70 points or 0.11% at 17,213.60 as investors preferred to stay on the sidelines amid the year-end celebrative mood. Reliance Industries Ltd (RIL), Tata Steel, Bajaj Finance, State Bank of India (SBI), Maruti Suzuki, among others contributed the most to indices loss. Eicher Motors, Sun Pharma, Bajaj Auto, IndusInd Bank, and Divis Labs were among the top Nifty gainers. About 1969 shares have advanced, 1317 shares declined, and 96 shares are unchanged. The BSE Midcap was down 0.2 percent, while the Smallcap was up 0.3 percent. Among sectoral indices, the BSE Energy, Oil & Gas and Metal indices declined over a percent each, while the IT index ended a percent higher. India VIX was up nearly 2 percent to 16.57 levels.

MARKET UPDATE:volatile;BSE Sensex nearly 50 points lower at 57,755 while the Nifty50 testing the 17,200-mark

Thursday, December 30, 2021
The benchmark indices opened on a quiet note for a second day amid slow investor participation and concerns around the omicron variant. The BSE Sensex was nearly 50 points lower at 57,755, while the Nifty50 was testing the 17,200-mark. In the broader markets, the BSE MidCap was 0.1 percent lower dragged by RBL Bank, Oberoi Realty, Shriram Transport Finance, Godrej Properties, Indian Hotels, Lodha, JSW Energy, IRCTC, down 1-3 percent. The BSE SmallCap index was, however, in the green zone, up 0.3 percent. Among Sensex-30 constituents, PowerGrid, Wipro, Tata Steel, Titan, Bharti Airtel, HCL Technologies, Tech Mahindra, Dr. Reddy's, Maruti, TCS, Infosys were the leading gainers, up 0.3-1 percent. On the Nifty, Tata Consumer was the additional gainer. Read more

Closing Bell: Sensex down 1190 points, Nifty at 16614.20

Monday, December 20, 2021
At close, the Sensex was down 1,189.73 points or 2.09% at 55,822.01, and the Nifty was down 371.00 points or 2.18% at 16,614.20, as the market sentiment was dented amid fears of a severe-than-expected economic impact owing to the Omicron variant, recently announced hawkish policy stances by global central bankers and persistent FIIs selling. Hindustan Unilever was the top Sensex gainer, followed by Dr. Reddy’s Laboratories. Tata Steel was the worst Sensex performer, followed by the State Bank of India, IndusInd Bank, and Bajaj Finance. About 621 shares have advanced, 2604 shares declined, and 97 shares are unchanged. The BSE Midcap and the Smallcap - also recovered partially but still ended with losses in excess of 3 percent each. All the sectoral indices ended in the red with the realty, bank, capital goods, and metal indices falling 3-4 percent. India VIX closed 16% higher, regaining 18.97 levels.

Closing Bell: Sensex down 889 points, Nifty at 16985.20

Friday, December 17, 2021
At close, the Sensex was down 889.40 points or 1.54% at 57,011.74, and the Nifty was down 263.20 points or 1.53% at 16985.20. IndusInd Bank was the top laggard of Sensex, followed by, Kotak Mahindra Bank ,with Hindustan Unilever and Titan. Infosys was the top gainer, accompanied by HCL Technologies, Power Grid, and Sun Pharma.About 913 shares have advanced, 2221 shares declined, and 76 shares are unchanged.The BSE Midcap and Smallcap indices were down 2.4 per cent and 2.1 per cent, respectively. Among sectoral indices, the BSE Realty index nose-dived 4 per cent. The Energy, Bankex, Auto and Oil & Gas indices were down over 2.5 per cent each. The IT index also pared gains towards the close, still finsihed more than a per cent higher. India VIX was up 3% sitting near 16.4 levels.

Closing Bell: Sensex down 329 points, Nifty at 17221.40

Wednesday, December 15, 2021
At close, the Sensex was down 329.06 points or 0.57% at 57,788.03, and the Nifty was down 103.50 points or 0.60% at 17,221.40. Bajaj Finance was the top Sensex drag, followed by Bajaj Finserv, and Power Grid. On the other hand, Sun Pharma was the top gainer on Sensex, accompanied by Kotak Mahindra Bank, Mahindra & Mahindra, and Maruti Suzuki India. About 1546 shares have advanced, 1574 shares declined, and 90 shares are unchanged. The BSE Midcap index declined 0.7 percent, and the Smallcap index was down 0.4 percent. Except for Auto, all other sectoral indices ended in the red, with IT, metal, realty, and PSU bank indices down 1 percent each. India VIX closed above 17 levels, gaining 1.59%.

Closing Bell:Sensex down 166 points, Nifty at 17324.90

Tuesday, December 14, 2021
At Close, Sensex down 166.33 points or 0.29% at 58117.09, and the Nifty shedding 43.40 points or 0.25% at 17324.90, on a negative note, and thereafer made multiple attempts to recover on the back of fresh buying interest in IT and select banking stocks.Power Grid Corporation, Nestle India, Axis Bank and Dr Reddy’s Labs were the top gainers while ITC, Bajaj Finance, Kotak Mahindra Bank and Bharti Airtel were the top losers. About 1695 shares have advanced, 1462 shares declined, and 109 shares are unchanged.The BSE Midcap index declined 0.4 per cent, While the smallcap index ended almost flat. Among the sectors, power, pharma and oil & gas ended in the green while auto, FMCG and PSU Bank index ended in the red.

Closing Bell: Sensex down 20.60 points, Nifty at 17511.30

Friday, December 10, 2021
At close, the Sensex was down 20.46 points or 0.03% at 58,786.67, and the Nifty was down 5.50 points or 0.03% at 17,511.30 amid volatility. Asian Paints was the top Sensex gainer, followed by Sun Pharma, Mahindra & Mahindra, and Maruti Suzuki India. Titan was the laggard, accompanied by Tech Mahindra, Bajaj FInserv, and HDFC. About 2024 shares have advanced, 1165 shares declined, and 125 shares are unchanged. The BSE Midcap index advanced 0.3 percent, and the Smallcap index jumped 0.8 percent. Among sectors, realty and PSU Bank indices rose nearly 3 percent each, while metal, oil & gas, power indices ended in the green. India VIX was up half a percent.

Closing Bell: Sensex down 949 points, Nifty at 16912.25

Monday, December 6, 2021
At Close, the Sensex was down 949.32 points or 1.65% at 56,747.14, and the Nifty was down 284.40 points or 1.65% at 16,912.30 as investors continued to adopt a cautious approach given the uncertainty around the Omicron virus and the upcoming RBI policy meeting on December 08. All Sensex constituents closed in red with IndusInd Bank as the worst performer, followed by Bajaj Finserv, Bharti Airtel, TCS, Tata Consumer Products, and HCL Technologies. About 1340 shares have advanced, 1948 shares declined, and 165 shares are unchanged. Among sectors, the BSE IT index cracked 2.5 percent. The Energy and Telecom indices were down 2 percent each. The FMCG, Healthcare, Auto, and Realty indices were the other major losers, down over 1.5 percent each. The BSE Midcap and Smallcap indices declined 1.4 percent each.India VIX zoomed 8.78% higher to finish at 20.08 levels.

Closing Bell: Sensex down 765 points, Nifty at 17196.70

Friday, December 3, 2021
At Close, the Sensex was down 764.83 points or 1.31% at 57,696.46, and the Nifty was down 205 points or 1.18% at 17,196.70 Indices reversed their two-day winning streak with losses in excess of a percent. Power Grid was the top loser on Sensex, followed by Reliance Industries, Asian Paints, and Kotak Mahindra Bank. Larsen & Toubro was the top gainer on Sensex, followed by IndusInd Bank, Tata Steel, Ultratech Cement, and TCS. About 1722 shares have advanced, 1453 shares declined, and 137 shares are unchanged. Except for capital goods, all other sectoral indices ended in the red. The BSE Midcap index ended almost flat, while the Smallcap index added 0.3 percent. India VIX closed with gains.

Closing Bell: Sensex down 195 points, Nifty at 16983.20

Tuesday, November 30, 2021
At cLose, Sensex ended 195.71 points lower or 0.34% at 57064.87, and the Nifty shed 81.40 points or 0.48% at 16972.60 after US pharma major Moderna warned that Covid-19 shots seemed less effective against Omicron. Power Grid was the top Sensex gainer, followed by Titan, State Bank of India, and Bajaj Finance. While Tata Steel, Kotak Mahindra Bank, Reliance Industries, and Bajaj Auto are the top losers. About 1675 shares have advanced, 1383 shares declined, and 112 shares are unchanged. Among the sectors, the metal index fell over 2 percent followed by banks, auto, and power while IT, Realty, and FMCG closed in the green. while India VIX was down more than 5%.The BSE Midcap index gained 0.3 percent, while the Smallcap index rallied 1.5 percent.

Closing Bell:Sensex falls 1687 points, Nifty at 17026.45

Friday, November 26, 2021
At close, the Sensex was down 1,687.94 points or 2.87% at 57,107.15, and the Nifty was down 509.80 points or 2.91% at 17,026.50, "triggered by the new covid variant in South Africa, markets plummeted into negative territory following weak global peers. Dr. Reddy was the top Sensex gainer, followed Nestle India while all other stocks were down in red. IndusInd Bank was the top laggard, down 6.2%, followed by Maruti Suzuki India, Tata Steel, and Bajaj Finance. About 964 shares have advanced, 2163 shares declined, and 80 shares are unchanged. The Nifty Bank index fell 3.6 percent and the Nifty Realty index slipped 6 percent. The Nifty Pharma index, up 1.7 percent, was the only gainer on the NSE. The BSE MidCap and SmallCap indices fell 3.2 percent and 2.6 percent, respectively. India VIX climbed 25 percent and hit a 6-month high of 21-level.

Closing Bell: Sensex down 323 points, Nifty at 17415.05

Wednesday, November 24, 2021
At close, the Sensex was down 323.34 points or 0.55% at 58,340.99, and the Nifty was down 88.30 points or 0.50% at 17,415 dragged by weakness in key index heavyweights like Infosys, ITC, and Reliance Industries NTPC was the top gainer on Sensex, up 1%, followed by Power Grid, and Bharti Airtel. Reliance Industries was the top loser on Sensex, followed by Asian Paints, Infosys, and Tech Mahindra. About 1950 shares have advanced, 1249 shares declined, and 142 shares are unchanged. The small-cap index ended with a gain of 0.4 percent, while the Midcap index was down 0.6 percent in line with the Sensex. Among sectors, the BSE Auto and IT indices declined over a percent each. FMCG and Capital Goods were the other prominent losers. The Oil & Gas index, however, was up 0.8 percent. India VIX was deep in the red.

Closing Bell: Sensex crashes 1170 points, Nifty at 17416.55

Monday, November 22, 2021
At Close, the Sensex was down 1,170.12 points or 1.96% at 58,465.89, and the Nifty was down 348.30 points or 1.96% at 17,416.50 due to selling pressure seen in almost all sectors. Bharti Airtel was the top Sensex gainer, followed by Asian Paints, Power Grid, and IndusInd Bank. Bajaj Finance was the worst-performing Sensex stock, Bajaj Finserv, Reliance Industries, and NTPC. About 842 shares have advanced, 2479 shares declined, and 157 shares are unchanged. Among sectors, the BSE Realty and Energy indices were the major losers, down around 4 percent each. The Bankex, Healthcare, Auto, Consumer Durables, and Oil & Gas indices also plunged over 2 percent each. The BSE Midcap and Smallcap indices were down 2.5 percent and 2.9 percent, respectively.

Closing Bell: Sensex down 433 points, Nifty at 17764.80

Thursday, November 18, 2021
At close, the Sensex was down 372 points or 0.62% at 59636.01, and the Nifty was down 133.90 points or 0.75% at 17,764.80 ended lower for the third consecutive session on November 18, with selling seen in auto, metal, IT, pharma, realty names. ITC was the top Sensex gainer, up 1%, followed by State Bank of India, Power Grid, and Titan. In the losses were Mahindra & Mahindra, Maruti Suzuki India, and Dr. Reddy’s. About 997 shares have advanced, 2252 shares declined, and 133 shares are unchanged. All the sectors ended in the red with auto and metal indices losing over 2 percent each. The BSE midcap and smallcap indices fell 1.5 percent each. India VIX was down 0.81 per cent to 14.86 levels. Debutant Paytm had a disappointing outing. The stock was listed at a 9 percent discount at Rs 1,950 when compared to its issue price of Rs 2,150 and went on to extend losses throughout the day. The stock finally ended at the day's low at Rs 1,564 - a huge 27.3 percent discount to its issue price.

Closing Bell: Sensex down 314 points, Nifty at 17898.65

Wednesday, November 17, 2021
At close, the Sensex was down 314.04 points or 0.52% at 60,008.33, and the Nifty was down 100.50 points or 0.56% at 17,898.70. Asian Paints was the top gainer on Sensex, followed by Maruti Suzuki, Power grid, and NTPC. Reliance Industries was the top laggard, followed by Axis Bank, Kotak Bank, Bharti Airtel, and Titan. About 1382 shares have advanced, 1758 shares declined, and 95 shares are unchanged. Among sectoral indices, the Energy, Realty, and Oil & Gas indices shed 1.8 percent, 1.8 percent, and 1.4 percent, respectively. While selling was also seen in the metal, capital goods, and banking names. The Auto and Power indices were up 0.6 percent each. The BSE Smallcap index managed to end with a wee bit of gains, while the Midcap index slipped 0.2 percent.

MARKET UPDATE:Sensex fell 210 points in early deals at 60,113 levels while Nifty at 17,939-mark

Wednesday, November 17, 2021
The downtrend in the domestic equities extended today(17TH Nov.2021) also as a global rating agency, Fitch rating's, negative outlook on India weighed on sentiment. Besides, Sebi's proposal to tweak rules governing initial public offerings (IPOs) to bring in more transparency and accountability kept investors on the edge. The BSE Sensex fell 210 points, or 0.35 percent, in early deals at 60,113 levels while the Nifty50 was at 17,939-mark. Trends in the broader markets were mixed with the Midcap index down 0.02 percent and SmallCap index up 0.25 percent. Axis Bank, RIL, Grasim Industries, UPL, HDFC twins, and Divis Labs were the top laggards on the Nifty while Asian Paints, SBI Life, Maruti Suzuki, and Eicher Motors helped limit downside. Read more

Closing Bell: Sensex down 396 points, Nifty at 17999.20

Tuesday, November 16, 2021
At close, the Sensex was down 396.34 points or 0.65% at 60,322.37, and the Nifty was down 110.30 points or 0.61% at 17,999.20. Reliance Industries Limited was the worst-performing stock on Sensex, followed by State Bank of India, and Ultratech Cement. Maruti Suzuki India was the top gainer on Sensex, followed by Mahindra & Mahindra, Tech Mahindra, and Infosys. About 1496 shares have advanced, 1639 shares declined, and 122 shares are unchanged. Among sectors, the BSE Auto index surged 2.4 percent, The BSE Energy index shed 2.6 percent. The Bankex, Oil & Gas, Pharma, and Realty indices were also down over a percent each. The BSE midcap index was down 0.22 percent, while the smallcap index ended with marginal gains.

Closing Bell: Sensex down 433 points, Nifty at 17873.60

Thursday, November 11, 2021
At close, the Sensex was down 433.13 points or 0.72% at 59,919.69, and the Nifty was down 143.60 points or 0.80% at 17,873.60 on the back of weakness in financial and healthcare shares. Titan Company, Mahindra & Mahindra, Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), IndusInd Bank, and Tata Steel share prices gained despite overall weak market momentum. On the flip side, State Bank of India, Bajaj Finserv, Tech Mahindra, Sun Pharma, Bajaj Finance, Asian Paints, Axis Bank, Kotak Mahindra Bank, Power Grid Corporation of India, Housing Development Finance Corporation (HDFC), Hindustan Unilever Ltd (HUL), ICICI Bank were top Sensex losers. About 1398 shares have advanced, 1769 shares declined, and 139 shares are unchanged. the BSE Realty index plunged 2.5 percent. Nifty Metal and Nifty Consumer Durables ended in the green. While Bank Nifty fell over 1 percent to end at 38,560. Nifty Auto, Nifty Media, Nifty Financial Services, Nifty Pharma, Nifty Realty ended up to 2.3 Read more

Alembic Pharma share price falls 5% after quarter results

Thursday, November 11, 2021
Alembic Pharmaceuticals' share price fell over 5 percent intraday to Rs 757 after the company reported a weak set of numbers for the quarter ended September 2021. The company's consolidated profit declined 49 percent year on year (YoY) at Rs 169 crore in the September quarter (Q2FY22), due to lower revenue. The pharmaceutical company had posted a profit of Rs 333 crore in the year-ago quarter. The revenue was down 11.3% at Rs 1,292.32 crore versus Rs 1,457.10 crore, YoY. The US revenue declined 40 percent to Rs 348 crore on a YoY basis. However, India's business grew 23 percent to Rs 509 crore over the previous year's quarter. Earnings before interest, tax, depreciation, and amortization (EBITDA) were down 42 percent at Rs 257.2 crore versus Rs 443.5 crore and the margin was down at 19.9% versus 30.4%, YoY. The management believes the current US sales figures ($47 million per quarter) are the new base, and these are expected to improve hereafter, led by new launches. Read more

Closing Bell: Sensex down 80.63, Nifty at 18017.20

Wednesday, November 10, 2021
At Close, the Sensex was down 80.63 points or 0.13% at 60,352.82, and the Nifty was down 27.10 points or 0.15% at 18,017.20.About 1601 shares have advanced, 1530 shares declined, and 129 shares are unchanged. Bharti Airtel, M&M, Sun Pharma, Reliance Industries Ltd (RIL), ITC, Dr. Reddy’s, Bajaj Finserv were among the top Sensex gainers. On the flip side, IndusInd Bank, Tata Steel, Hindustan Unilever Ltd (HUL), Asian Paints, Titan, HDFC Bank ended in the negative territory. The Metal index shed 2 percent, and the Realty index was down 1.6 percent. On the positive side, the Telecom index jumped 2 percent, and the Energy index was up a percent. The BSE Midcap index declined 0.6 percent, while the Smallcap index ended flat.

Closing Bell: Sensex down 112.16, Nifty at 18044.25

Tuesday, November 9, 2021
At Close, the Sensex was down 112.16 points or 0.19% at 60,433.45, and the Nifty was down 24.20 points or 0.13% at 18,044.30. Mahindra & Mahindra (M&M), State Bank of India (SBI), Reliance Industries Ltd (RIL), ICICI Bank, IndusInd Bank, Bharti Airtel were top Sensex gainers. On the flip side, HDFC Bank, Housing Development Finance Corporation (HDFC), Titan Company, HCL Tech, ITC were among the top index draggers. Nifty Bank index was down 0.18 percent, while Nifty Financial Services fell 0.7 percent. The Nifty Auto index was the top sectoral gainer, up over 1 percent. The Capital Goods, Energy, and Oil & Gas indices were also up around a percent each. The Metal index, however, was down 0.8 percent. The BSE midcap index was up 0.8 percent and smallcap index rose 0.67 percent.

Closing Bell: Sensex down 257 points, Nifty at 17829.20

Wednesday, November 3, 2021
At close, the Sensex was down 257.14 points or 0.43% at 59,771.92, and the Nifty was down 59.80 points or 0.33% at 17,829.20 for the second straight day on the back of selling pressure in select index heavyweights, like Bharti Airtel, ICICI Bank, and HDFC Bank. Larsen & Toubro Ltd. was the top Sensex gainer, up 4%, followed by Ultratech Cement, Asian Paints, and State Bank of India. Sun Pharma, IndusInd Bank, and Kotak Mahindra Bank were among the top laggards. About 1509 shares have advanced, 1662 shares declined, and 143 shares are unchanged. The BSE Midcap and Smallcap indices were down 0.2 percent and 0.3 percent, respectively. The BSE Capital Goods and Realty indices were up over 2 percent each. On the other hand, The Telecom, Bankex, Auto and Consumer Durables indices declined over a percent each. India VIX closed in the red.

Closing Bell : High volatility;BSE Sensex ended 678 points lower at 59,307 and Nifty down 185 points at 17,672

Friday, October 29, 2021
Today(29th Oct.2021) the markets exhibited a high amount of volatility for the second day in a row on the back of unabated selling pressure in select index heavyweights. The BSE Sensex tumbled to a low of 59,089, but eventually ended 678 points lower at 59,307. In the process, the BSE index has now shed 5 percent (2,938 points) from its recent peak of 62,245. The NSE Nifty logged its second straight weekly loss, down 185 points at 17,672. The Nifty has declined 3.8 percent (677 points) in the last two weeks. In intra-day trades on Friday, the 50-share index dipped to a low of 17,613 and was within striking distance of its 50-DMA (Daily Moving Average) at 17,570-odd levels. Read more

Closing Bell: Sensex closed 1,158 points lower at 59,985 and Nifty lost 354 points to end the day at 17,857 levels

Thursday, October 28, 2021
The key benchmark indices broke respective psychological levels in trade today(28th Oct.2021) amid heavy broad-based sell-off. While the Sensex closed 1,158 points lower at 59,985, the Nifty lost 354 points to end the day at 17,857 levels. At the end of the day, the Nifty has slipped below its 20-DMA, which has opened the door for further downside, technical analysts said. "Relentless selling by FIIs is a key reason for this correction in the market. The next support level for the Nifty is around 17,650 level. Below this, 17,450-17,250 will be the next support zone. On the upside, 18,150-18,300 has become an immediate supply zone," said Santosh Meena, head of research at Swastika Investment. Read more

MARKET UPDATE:Sensex down 115 points at 60,706 while Nifty below 18,100 mark, down 60 points

Monday, October 25, 2021
The Indian markets were off to a volatile start today(25th Oct.2021) as investors assessed the September quarter results of index heavyweights. Meanwhile, the choppy Asian market mood also rubbed off on investor sentiment back home. At 9.30 am, Sensex was down 115 points at 60,706 while Nifty was below the 18,100 mark, down 60 points. Nifty Realty was the worst sectoral performer, followed by Pharma, IT, and FMCG. The banking and financial sectors held ground in an otherwise weak market. Broader markets tumbled in tandem with benchmarks, while the volatility index, India VIX, spiked 5%. Read more

Closing Bell :Sensex down 337, Nifty at 18178.10

Thursday, October 21, 2021
At Close, the Sensex was down 336.46 points or 0.55% at 60,923.50, and the Nifty was down 88.50 points or 0.48% at 18,178.10. Kotak Mahindra Bank rallied 6.5% to close as the top Sensex gainer, followed by HDFC, ICICI Bank, NTPC, and State Bank of India. Asian Paints, Reliance Industries, and Infosys were the worst performing Sensex constituents. About 1580 shares have advanced, 1627 shares declined, and 130 shares are unchanged. Among sectors, the Nifty Bank gained 1.7 percent, PSU Bank, auto, oil & gas, and power indices ended in the green, while metal, IT, energy, and FMCG indices ended lower. The BSE Midcap and Smallcap indices were down 0.4 percent and 0.7 percent, respectively.

Asian Paints down 7 percent post Q2 results

Thursday, October 21, 2021
Shares of Asian Paint were down 7 percent, hitting an over two-month low of Rs 2,961 on the BSE in Thursday’s intra-day trade, after the company, reported a 29 percent fall in the net profit to Rs 605.2 crore in Q2FY22 as against Rs 852 crore in the same quarter a year ago, while its revenue jumped by 32.6 percent to Rs 7096 crore in the July-September quarter of FY22 versus Rs 5350 crore during the same quarter in FY21. The company’s bottom line performance missed expectations of all eight brokerages polled by ETMarkets.com.The company’s board also approved an interim dividend of Rs 3.65 per share at its meeting held earlier today. The decline in the company’s bottom line was largely due to a sharp spike in expenses during the quarter. Asian Paints’ total expenses jumped 49 percent on-year to Rs 6,418.2 crore led by a 73 percent rise in the cost of raw materials. Read more

Closing Bell: Sensex down 456 points, Nifty at 18266.60

Wednesday, October 20, 2021
At close, the Sensex was down 456.09 points or 0.74% at 61,259.96, and the Nifty was down 152.20 points or 0.83% at 18,266.60 on account of profit-taking in metals, energy, capital goods, and consumer-related stocks like FMCG, durables, and discretionary goods & services. Bharti Airtel was the top gainer on Sensex, gaining 4%, followed by State Bank of India, IndusInd Bank, and Bajaj Finance. Titan was the worst-performing Sensex stock, falling 2.62%, followed by HUL, NTPC, and Bajaj Finserv. About 877 shares have advanced, 2351 shares declined, and 115 shares are unchanged. The BSE Midcap index shed 1.9 percent at 25,915, and the Smallcap index tumbled 2.3 percent to 28,879. The BSE Consumer Durables index plunged 3.3 percent. The Basic Materials, Utilities, and Metal indices dropped 2.3-2.5 percent each. The Power and Realty indices were down around 2 percent each, while the FMCG and Industrials declined 1.5 percent. The BSE Telecom index, however, gained 3 percent at 1,797.

Closing Bell: Sensex down 50 points, Nifty at 18418.75

Tuesday, October 19, 2021
At close, the Sensex was down 49.54 points or 0.08% at 61716.05, and the Nifty was down 58.20 points or 0.31% at 18418.80. Tech Mahindra was the top index gainer, followed by Larsen & Toubro, Infosys, and Bajaj Finserv. ITC was the top loser on Sensex, followed by HUL, Titan, and Tata Steel. About 959 shares have advanced, 2321 shares declined, and 122 shares are unchanged. The Nifty IT index is up 2.35 percent, the Nifty Realty is down 4.8 percent, the PSB index down3.7 percent, and the FMCG index down3 percent. The BSE MidCap and SmallCap indices ended nearly 2 per cent down each, India VIX gained 1.11%.

Closing Bell: Sensex 76.72, Nifty at 17,946.

Monday, October 11, 2021
At close, the Sensex was up 76.72 points or 0.13 percent at 60,135.78, and the Nifty was up 50.80 points or 0.28 percent at 17,946. HDFC Bank, ICICI Bank, ITC, Housing Development Finance Corporation (HDFC), Kotak Mahindra, others contributed the most to the indices’ gain today. TCS, Tech Mahindra, Infosys, HCL Technologies and Wipro were among the losers.BSE Midcap index gained over half a per cent or 141 points to 25,978, while the SmallCap index added 0.60 per cent or 176 points. The Nifty Bank index hit a new liftime high of 38,495 in the intra-day trade before closing 1.4 per cent higher at 38,294 levels. The Nifty Auto index was the biggest gainer of the day, up 2.7 per cent, while the Nifty IT index declined the most, down over 3 per cent. India VIX, the volatility index, was up 2.8 per cent to settle at 16.09 levels.

Closing Bell: Sensex down 555 points, Nifty at 17646.00

Wednesday, October 6, 2021
At close, the Sensex was down 555.15 points or 0.93% at 59,189.73, and the Nifty was down 176.30 points or 0.99% at 17,646. Hindalco, SBI Life, IndusInd Bank, JSW Steel, and Tata Steel were among the major losers on the Nifty. Tata Consumer, ONGC, UPL, Britannia, and HDFC Bank were among the major gainers. About 1291 shares have advanced, 1754 shares declined, and 115 shares are unchanged.BSE Midcap index plunged 1.22 percent, BSE SmallCap index fell 158 points or 0.55 percent Sectorally, Bank Nifty index fell over half a percent to end at 37,522. all sectoral indices ended in the red with capital goods, IT, metal, pharma, auto, realty and PSU Bank indices falling in the 1-3 percent range. India VIX, volatility index, jumped 5.70 percent

Closing Bell:Sensex falls 360 points, Nifty at 17532.05

Friday, October 1, 2021
At close, the Sensex was down 360.78 points or 0.61% at 58,765.58, and the Nifty was down 86.20 points or 0.49% at 17,532.00. Bajaj Finserv, Maruti Suzuki, Asian Paints, Bajaj Finance, Bharti Airtel, Housing Development Finance Corporation (HDFC), NTPC, Tata Consultancy Services (TCS) were top index draggers. On the flip side, M&M, Dr. Reddy’s Laboratories, UltraTech Cement, Power Grid Corporation of India, Reliance Industries Ltd (RIL), Bajaj-Auto were among the top Sensex gainers. About 1716 shares have advanced, 1373 shares declined, and 150 shares are unchanged. On the sectoral front, the Nifty Realty index fell 1.5 percent and Bank Nifty was down over half a percent. While Nifty Pharma was up nearly one percent. Buying was seen in the pharma, metal, PSU Bank, and energy sectors. Some selling was seen in the reality, bank, and IT sectors.BSE midcap and smallcap indices ended with little change.

Closing Bell: Sensex falls 286 points, Nifty at 17618.15

Thursday, September 30, 2021
At close, the Sensex was down 286.91 points or 0.48% at 59126.36, and the Nifty was down 93.10 points or 0.53% at 17618.20 for the third day in a row defying firm global cues. Bajaj Finserv was the top Sensex gainer, followed by Bajaj Finance, NTPC, and Sun Pharma. Powergrid was the worst-performing Sensex constituent, followed by Asian Paints, Axis Bank, and Kotak Mahindra Bank.About 1804 shares have advanced, 1393 shares declined, and 149 shares are unchanged. On the sectoral front it was a mixed trend, with buying seen in the realty, pharma, power and PSU banking stocks. Selling was seen in the auto, bank, IT, metal names.The BSE MidCap and SmallCap indices, however, closed higher, up 0.3 per cent and 0.6 per cent, respectively.

Closing Bell: Sensex falls 254 points, Nifty at 17711.30

Wednesday, September 29, 2021
At close, the Sensex was down 254.33 points or 0.43% at 59,413.27, and the Nifty was down 37.30 points or 0.21% at 17,711.30. NTPC was the top Sensex gainer, followed by PowerGrid, Sun Pharma, and SBI. HDFC, Ultratech Cement, and Asian Paints were the worst performing Sensex stocks. About 1830 shares have advanced, 1371 shares declined, and 151 shares are unchanged. The power, metal, pharma, and realty indices added 1-3.5 percent, while selling was seen in the auto, bank, capital goods, FMCG names. Midcap and smallcap indices outperformed the benchmark, closing with gains. India VIX was 1.62% higher at the end of the day’s trade.

Closing Bell: Sensex down 410 points, Nifty at 17748.60

Tuesday, September 28, 2021
At close, the Sensex was down 410.28 points or 0.68% at 59,667.60, and the Nifty was down 106.50 points or 0.60% at 17,748.60. HDFC Bank, Bharti Airtel, HCL Tech, Infosys, Asian Paints, Tech Mahindra, TCS, Bajaj Finserv were among the top Sensex draggers. Power Grid Corporation of India, NTPC, Titan Company, RIL, Tata Steel were top Sensex gainers. About 1463 shares have advanced, 1715 shares declined, and 164 shares are unchanged. On the sectoral front, Bank Nifty plunged over 2 percent after hitting a fresh record high. Nifty Realty index tumbled 4.5 percent.IT fell 2 percent. while power, oil & gas, and metal indices ended in the green.BSE midcap and smallcap indices ended lower with each down over 0.5 percent.

Closing Bell: Sensex down 77.94, Nifty at 17546.65

Wednesday, September 22, 2021
At close, the Sensex was down 77.94 points or 0.13% at 58,927.33, and the Nifty was down 15.30 points or 0.09% at 17,546.70. Tech Mahindra was the top Sensex gainer, followed by Mahindra & Mahindra, HCL Technologies, and Bajaj Auto. On the other hand, HDFC was the worst-performing Sensex constituent, followed by Nestle India, ICICI Bank, and HUL. About 2047 shares have advanced, 1113 shares declined, and 162 shares are unchanged. Nifty Realty index was another top performer, notching 8.45 percent returns. All stocks from the realty pack also settled in the green amid a strong demand outlook, the Nifty Media pack surged 13.57 percent. Nifty Financial Services, Bank, Private Bank, and FMCG were the only losers. The BSE midcap and smallcap indices rose 1 percent each.

Closing Bell: Sensex down 525 points, Nifty at 17396.90

Monday, September 20, 2021
At close, the Sensex was down 524.96 points or 0.89% at 58,490.93, and the Nifty was down 188.30 points or 1.07% at 17,396.90 for the second day spooked by a possible spillover of China's Evergrande's debt woes, fall in commodity prices and ahead of US Federal Reserve policy meet outcome. About 995 shares have advanced, 2308 shares declined, and 132 shares are unchanged. Hindustan Unilever was the top Sensex gainer followed by Bajaj Finserv and ITC. Tata Steel was the top loser, followed by the State Bank of India, IndusInd Bank, and HDFC. Barring the Nifty FMCG index all indices ended in red. Nifty Metal tumbled the most followed by the Nifty PSU Bank index, down 6.6 percent and 4.18 percent, respectively. Nifty Realty, Bank, Pharma also tanked nearly 2 percent each. The BSE Midcap index plunged 1.84 percent and the BSE Smallcap 1.8 percent. India VIX zoomed 14.85% during the day to close at 17.49.

Closing Bell:Sensex down 125 points, Nifty at 17585.15

Friday, September 17, 2021
At Close, Sensex closed 125 points, or 0.21 percent, lower at 59,015.89 while the Nifty finished at 17,585.15, down 44 points, or 0.25 percent, from record-high levels to snap their three-day winning run amid losses in RIL, IT stocks, and select banking counters. ITC, Bajaj Finance, Tata Consultancy Services (TCS), Bharti Airtel, Housing Development Finance Corporation (HDFC), top Sensex gainers. Tata Steel Dr. Reddy’s Laboratories, Titan, TCS were the only losers on the index. Nifty Media & Realty shed 2.38 percent and 2.35 percent, respectively. On the other hand, Nifty Media, Nifty Financial Services, Nifty Bank, and Nifty Private Bank were the gainers. Nifty Auto settled the day unchanged. The BSE Midcap index sank 1.14 percent and the BSE Smallcap index was 1.06 percent.

Closing Bell: Sensex down 29 points, Nifty at 17353.50

Wednesday, September 8, 2021
At Close, Sensex closed 29 points, or 0.05 percent, down at 58,250.26 while the Nifty settled 9 points, or 0.05 percent, lower at 17,353.50, amid losses in IT firms and index heavyweight Reliance Industries, even as gains in private lenders helped cap losses. Kotak Mahindra Bank was the top index gainer, followed by NTPC, Titan, and Sun Pharma. Nestle India was the worst performer followed by Maruti, Bajaj Finserv, and Bajaj Auto. Nifty Bank, private bank, PSU bank, and financial services indices rose about a percent each. On the flip side, Nifty IT, down 0.78 percent, Nifty Media and Auto lost over 0.50 percent each, Nifty pharma indices ended in the red. The BSE Midcap index added 0.81 percent. It also touched a new high in trade today. Meanwhile, BSE Smallcap rose 0.55 percent.

Closing Bell: Sensex down 214 points, Nifty at 17076.25

Wednesday, September 1, 2021
At close, the Sensex was down 214.18 points or 0.37% at 57338.21, and the Nifty was down 55.90 points or 0.33% at 17076.3 as profit booking in metal and IT stocks. Asian Paints, Nestle India, Axis Bank, Titan Company, Dr.Reddy’s Laboratories, L7T, Bajaj-Auto, and IndusInd Bank were among the top BSE Sensex gainers. On the flip side, M&M, Tata Steel, Bajaj Finserv, Tata Consultancy Services (TCS), Housing Development Finance Corporation (HDFC), Infosys, HCL tech, UltraTech Cement were the top index laggards. About 1461 shares have advanced, 1637 shares declined, and 150 shares are unchanged. The BSE MidCap index added 0.9 percent on the BSE and the BSE SmallCap index rose 0.22 percent. Nifty sectoral indices mostly ended in the green, except for Nifty Financial Services, Nifty IT, Nifty Metal, and Nifty Pharma indices. metals and IT indices fell over 1 percent each. Bank Nifty gained 0,4 percent to settle at 36,574.30

Closing Bell: Sensex ends flat down 14.77 points, Nifty at 16634.65

Wednesday, August 25, 2021
At close, the Sensex was down 14.77 points or 0.03% at 55,944.21, and the Nifty was up 10.10 points or 0.06% at 16,634.70, scaled fresh lifetime highs in the intra-day deals, they failed to hold on to their gains and ended flat. TCS was the top gainer followed by Infosys, Reliance Industries, and HUL. On the other hand, Bajaj Finserv was the top Sensex laggard, followed by Titan, Maruti Suzuki, and Bharti Airtel. About 1941 shares have advanced, 1180 shares declined, and 107 shares are unchanged. The Nifty IT index gained 0.7 percent while the Nifty Realty index slipped 0.8 percent, pharma, bank, and auto-ended in red while all other sectoral indices ended higher with the power and oil & gas indices up 1 percent each.The BSE MidCap index closed 0.6 percent higher while the BSE SmallCap index gained 0.7 percent. India VIX was up 3 percent by the close.

Closing Bell:Sensex down 300 points, Nifty at 16450.50

Friday, August 20, 2021
At close, Sensex was down 300.17 points or 0.54% at 55329.32, and the Nifty down 118.30 points or 0.71% at 16450.50 after minutes released by the US Federal Reserve suggested tapering of the Fed's stimulus plan by late 2021. Besides, the rampant spread of the Delta variant of Covid-19 and faltering global growth worried investors. Tata Steel was the worst Sensex performer, followed by the State Bank of India, Dr. Reddy’s Laboaratories, and Kotak Mahindra Bank. HUL was the top Sensex gainer, followed by Asian Paints, Nestle India, and Bajaj Finance. About 728 shares have advanced, 2407 shares declined, and 117 shares are unchanged. The Nifty Metal index cracked 6 percent while the FMCG index rose 2 percent. Bank Nifty fell 1.46%. The BSE MidCap and SmallCap indices fell 2 percent each. India VIX soared 8.6% to closed at 14 levels.

Closing Bell:Sensex down 163 points, Nifty at 16568.85

Wednesday, August 18, 2021
At close, the Sensex was down 162.78 points or 0.29% at 55629.49, and the Nifty was down 45.80 points or 0.28% at 16568.80 amid weekly F&O expiry, aggravated by profit-booking in financial, metal, and select auto stocks, dragged benchmarks in the red on Wednesday. Kotak Mahindra Bank, ICICI Bank, Power Grid Corporation of India, IndusInd Bank, Housing Development Finance Corporation (HDFC) were top BSE Sensex laggards. On the flip side, Ultratech Cement, Bajaj Finance, Bajaj Finserv, Nestle India were top gainers. About 1037 shares have advanced, 2067 shares declined, and 110 shares are unchanged. the Nifty metal and bank indices fall 0.8 percent each, while buying was seen in the FMCG, pharma, and PSU Bank names. BSE midcap rose 0.26 percent and smallcap indices were down 0.18 percent.

Closing Bell: Market ends flat, Nifty at 16282.25

Wednesday, August 11, 2021
At Close, the Sensex was down 28.73 points or 0.05% at 54525.93, and the Nifty was up 2.20 points or 0.01% at 16282.30. Tata Steel was the top Sensex gainer, followed by NTPC, Power Grid, and Reliance Industries. On the other end of the table, Kotak Mahindra Bank was the top loser, followed by Bajaj Auto, Sun Pharma, and Nestle India. About 1007 shares have advanced, 2123 shares declined, and 131 shares are unchanged. The Nifty Metal index was the top gainer, up 3.14 percent, the energy index rose over 1 percent, while the Nifty Pharma index was the top laggard, down 1.5 percent. The BSE SmallCap index, which was down over 3 percent at one point during the day, ended just 0.83 percent lower. The BSE MidCap index, on the other hand, closed 0.22 percent down.

Closing Bell: Sensex down 215 points, Nifty at 16238.20

Friday, August 6, 2021
At close, the Sensex was down 215.12 points or 0.39% at 54277.72, and the Nifty was down 56.40 points or 0.35% at 16238.20 as investors booked profit after the Reserve Bank of India's monetary policy outcome. Reliance Industries was the top laggard, followed by Ultratech Cement, Tata Steel, HCL Technologies, and State Bank of India. On the other end, IndusInd Bank was the top gainer followed by Tech Mahindra, Bharti Airtel, and Maruti Suzuki India. About 1728 shares have advanced, 1400 shares declined, and 120 shares are unchanged. The metal, auto, and IT indices ended higher, while selling was seen in the pharma, FMCG, and infra names. The midcap and smallcap indices rose 0.2 percent each and ended in green

Service activities decline for 3rd straight month in July due to Lockdown

Wednesday, August 4, 2021
The biggest sector of India's economy, Services, continued to contract for the third month in a row in July due to restrictions imposed by state governments to arrest the spread of the Covid-19 pandemic according to a widely tracked IHS Markit purchasing managers' index (PMI) survey. Business activity, new orders, and employment declined in July, according to a commentary associated with the survey. The latest data also pointed to an intensification of inflationary pressures across the sector, it said. New work intakes also fell for the third month running in July, albeit at a softer pace than in June. In addition to challenging conditions domestically, firms observed a further deterioration in international demand for services. New business from abroad decreased at a sharp pace that was little changed from June. Read more

HDFC Q1 results:Net profit at 3001 Crore

Monday, August 2, 2021
HDFC on Monday reported a 1.6 percent year-on-year (YoY) decrease in standalone net profit at Rs 3,000.67 crore for the April-June quarter of FY22 (Q1FY22). The company had posted a profit of Rs 3,051.5 crore in the year-ago period. The mortgage lender said its interest income stood at Rs 10,523.36 crore, down 2.48 percent from Rs 10,790.66 crore in the year-ago quarter. Total income stood at Rs 11,663.14 crore, down from Rs 13,019.29 crore. The profit number was above the market estimates, as a CNBC-TV18 poll of analysts had expected Q1 profit at Rs 2,898.7 crore. On a consolidated basis, profit after tax stood at Rs 5,311 crore as compared to Rs 4,059 crore in the previous year, representing a growth of 31 percent. The profit before tax for the quarter ended June 30, 2021, stood at Rs 3,905 crore compared to Rs 3,607 crore in the previous year. Read more

Closing Bell: Sensex down 66 points, Nifty at 15763.05

Friday, July 30, 2021
At close, the Sensex was down 66.23 points or 0.13% at 52586.84, and the Nifty was down 15.50 points or 0.10% at 15763 as domestic equities witnessed sharp profit booking in the fag end of the session as European stocks slipped in early trade and US stock futures hinted at a muted start on Wall Street later today. Sun Pharma, TechMahindra, Cipla, Shree Cements, and Adani Ports were the top Nifty gainers. Bajaj Finance, State Bank of India, Bajaj Finserv, and Tata Steel were the top index drags. About 1808 shares have advanced, 1352 shares declined, and 126 shares are unchanged. Bank Nifty was down 0.31%, the pharma index added 3.6 percent, while the auto index rose nearly 1 percent. However, some selling was seen in the metal and financial names. The BSE MidCap and SmallCap indices zoomed 0.52 percent and 0.69 percent, respectively. India VIX was down 1.16%.

Sensex falls for third day; what frightens investors on D-Street?

Wednesday, July 28, 2021
In across-the-board selling by the investors, the benchmark indices tumbled for a third day while volatility shot up ahead of the US Federal Reserve outcome later today and Thursday's July F&O expiry. Overall, the BSE barometer Sensex gave up the 52,000 marks as it cracked 776 points to day's low of 51,803. NSE's Nifty50 tumbled over 200 points to 15,513. Index heavyweights HDFC twins, Reliance Industries, ICICI Bank, Axis Bank, and Infosys were among the top Sensex drags. Select counters like IndusInd Bank, HUL, and Titan held their ground. Investors, meanwhile, turned poorer by nearly Rs 3 trillion. Today's (27th July 2021) fall is due mainly to a regulatory crackdown by the Chinese government. Investors worried whether the selloff in Chinese tech stocks would spread to other segments. Read more

Closing Bell: Sensex down 135 points, Nifty at 15709.40

Wednesday, July 28, 2021
At close, the Sensex was down 135.05 points or 0.26% at 52,443.71, and the Nifty was down 37.10 points or 0.24% at 15,709.40. Kotak Mahindra Bank, Dr. Reddy’s Laboratories, Mahindra & Mahindra (M&M), HDFC Bank, NTPC, RIL were among top Sensex laggards. On the flip side, Bharti Airtel surged over 5 percent, followed by Tata Steel, IndusInd Bank, Bajaj Finserv, ICICI Bank, Infosys among others. About 1299 shares have advanced, 1682 shares declined, and 90 shares are unchanged. Except for the Nifty Metal up 1.12 percent and IT up 0.21 percent, indices ended in the red with the Nifty PSB Index sliding nearly 2 percent. Nifty Auto, energy, and pharma sectors. too witnessed heavy selling and was down nearly 1 percent.The BSE SmallCap index underperformed the headline indices and slipped 0.45 percent. Meanwhile, BSE Midcap ended unchanged.

Closing Bell: Sensex down 123 points, Nifty at 15824.45

Monday, July 26, 2021
At close, the Sensex was down 123.53 points or 0.23% at 52852.27, and the Nifty was down 31.50 points or 0.20% at 15824.50.ITC, Tata Steel, Titan, and Reliance Industries were the top gainers on Sensex. SBI, Axis Bank, ICICI Bank, HDFC were among the top drags. About 1791 shares have advanced, 1488 shares declined, and 151 shares are unchanged. Nifty Energy index gained 1 percent while bank, auto, and PSU Bank indices ended lower. However, some buying was seen on the metal, pharma, and IT names. Bank Nifty closed 0.24% lower. India VIX jumped 5.87%. The BSE MidCap and SmallCap indices adding 0.06 percent and 0.34 percent, respectively.

Closing Bell: Sensex down 354 points, Nifty at 15632.10

Tuesday, July 20, 2021
At close, the Sensex was down 354.89 points or 0.68% at 52198.51, and the Nifty was down 120.30 points or 0.76% at 15632.10 for the third consecutive session in July 20 dragged by the metal, realty, and financial names. Asian Paints was the top Sensex gainer, followed by Ultratech Cement, Bajaj Auto, HUL, Nestle India, Maruti, TCS, Infosys, and Bajaj Finserv. On the other hand, IndusInd Bank was the worst Sensex performer, followed by Tata Steel, and Bharti Airtel. About 1109 shares have advanced, 2056 shares declined, and 107 shares are unchanged. Among sectors, except FMCG all other indices ended lower. BSE Midcap and Smallcap indices fell over 1 percent each. India VIX gained 4.18%.

Closing Bell: Sensex down 586 points, Nifty at 15752.40

Monday, July 19, 2021
At close, Sensex was 587 points, or 1.10 percent, down at 52,553.40 while the Nifty settled 171 points, or 1.07 percent, lower at 15,752.40 as potential third waves in the US and the UK, and a spike in coronavirus cases in Japan and Australia despite lockdown-like restrictions, stalled growth rally.HDFC Bank was the top loser followed by IndusInd Bank and Axis Bank. NTPC was the top Sensex gainer, followed by Nestle India, Dr. Reddy’s, Sun Pharma, ITC, and Ultratech Cement. The Nifty Bank index declined over 2 percent. The BSE MidCap and SmallCap indices fell 0.58 percent and 0.31 percent, respectively. India VIX closed 8% higher.

Closing Bell:Sensex down 19 points, Nifty at 15923.40

Friday, July 16, 2021
At Close Sensex closed 19 points, or 0.04 percent, lower at 53,140.06 while the Nifty finished flat at 15,923.40.ITC, Asian Paints, RIL, Sun Pharma, Bharti Airtel, Power Grid Corporation of India, Tata Steel, HDFC were among the top index gainers. On the flip side, Larsen & Toubro, Infosys, ICICI Bank, IndusInd Bank, Axis Bank, HCL Tech, Tech Mahindra, Maruti were top index draggers. Nifty Bank index was down 0.20 percent, and Nifty IT was flat with a negative bias. Nifty Pharma, and Nifty reality, however, was up nearly one percent and the Nifty Metal index gained half a percent. The mid-and small-cap indices meanwhile, outperformed and ended over 0.4 percent higher each

Closing Bell:Sensex ends flat, Nifty at 15692.60

Monday, July 12, 2021
At close, the Sensex was down 13.50 points or 0.03% at 52372.69, and the Nifty was up 2.80 points or 0.02% at 15692.60 ends 327 pts down from the day’s high. UltraTech Cement, ICICI Bank, Maruti Suzuki, State Bank of India (SBI), Axis Bank, Kotak Mahindra Bank among the top index gainers. Bajaj Finserv, HDFC Banka, and Hindustan Unilever Ltd (HUL) were top Sensex laggards. About 1889 shares have advanced, 1163 shares declined, and 149 shares are unchanged. The Nifty Realty index zoomed 3.6 percent on the NSE while the Nifty IT index slipped 0.4 percent. Nifty Auto indices ended in the green.The BSE MidCap and SmallCap indices rallying 0.40 percent and 0.75 percent, respectively.

Closing Bell: Sensex down 183 points, Nifty at 15689.80

Friday, July 9, 2021
At close, the Sensex was down 182.75 points or 0.35% at 52,386.19, and the Nifty was down 38.10 points or 0.24% at 15,689.80. Tata Steel was the top gainer, followed by Bajaj Auto, Bharti Airtel, and NTPC. On the other hand, Bajaj Auto was the top loser followed by TCS, HDFC Bank, Axis Bank, and Reliance Industries. About 1693 shares have advanced, 1252 shares declined, and 107 shares are unchanged. The Nifty Private Bank index was the biggest drag, down 0.6 percent. On the upside, the Nifty Realty index zoomed 2.4 percent and metal 2 percent. BSE midcap and smallcap indices rose 0.4-0.6 percent. India VIX slipped 4%.

Closing Bell: Sensex down 485 points, Nifty at 15727.90

Thursday, July 8, 2021
At close, the Sensex was down 485.82 points or 0.92% at 52568.94, and the Nifty was down 151.80 points or 0.96% at 15727.90. Reliance Industries, ICICI Bank, and HDFC Bank were the top losers in the Sensex pack. Tech Mahindra was the top gainer followed by Bajaj Auto, Power Grid, HCL Technologies, and IndusInd Bank.About 1277 shares have advanced, 1648 shares declined, and 112 shares are The nifty Metal index fell 2.19%, the Nifty PSU Bank index closed 1.96% lower and Nifty Bank ended 1.39% in the red. Only the Nifty IT index ended in the green-up 0.05 percent. The BSE MidCap and BSE SmallCap indices slipped 0.37 percent and 0.09 percent, respectively. India VIX rose 11%.unchanged.

Closing Bell:Sensex ends flat, Nifty at 15818.25

Tuesday, July 6, 2021
At Close, the Sensex was down 18.82 points or 0.04% at 52861.18, and the Nifty was down 16.10 points or 0.10% at 15818.30. UltraTech Cement, HDFC Bank, and Bajaj Finance were the top gainers on Sensex while Tech Mahindra, TCS, Maruti Suzuki India, Tata Motors, and Reliance Industries were among the drags. About 1557 shares have advanced, 1624 shares declined, and 121 shares are unchanged. The Nifty Bank was the top-performing index, up 0.9 percent, trailed by the Nifty Financial Services index, up 0.8 percent. Nifty Media and Nifty private bank index closed with gains. On the flip side, the Nifty Auto was the biggest loser, down 1.8 percent. The BSE MidCap index settled 0.12 percent higher while the BSE SmallCap index closed 0.26 percent lower.

Closing Bell: Sensex down 164 points, Nifty at 15680.00

Thursday, July 1, 2021
At close, the Sensex was down 164.11 points or 0.31% at 52318.60, and the Nifty was down 41.50 points or 0.26% at 15680 as new Delta and Delta plus variants of novel coronavirus push Covid-19 cases higher across the globe. Bajaj Finserv, Infosys, UltraTech Cement, Tech Mahindra, IndusInd Bank, Reliance Industries Ltd (RIL), HDFC Bank, Bharti Airtel, TCS were among the top index draggers. While Dr. Reddy’s Lab, Bajaj-Auto, Sun Pharma, Asian Paints, Maruti Suzuki, Titan Company, SBI were Sensex gainers. About 1632 shares have advanced, 1516 shares declined, and 118 shares are unchanged. The Nifty Auto index and Nifty Pharma ended 0.8 percent higher, PSU Bank ended in the green, WhileNifty Bank fell 0.25 percent. Selling was seen in the energy, bank, metal, infra, and IT names. The BSE MidCap index dipped 0.19 percent. However, the BSE SmallCap index added 0.32 percent.

Closing Bell: Sensex down 189 points, Nifty at 15748.45

Tuesday, June 29, 2021
At Close, the Sensex was down 185.93 points or 0.35% at 52,549.66, and the Nifty was down 66.20 points or 0.42% at 15,748.50. Power Grid Corporation of India, Hindustan Unilever Ltd (HUL), Dr. Reddy’s Laboratories, Nestle India, IndusInd Bank, Asian Paints, RIL, Titan were among top Sensex gainers. On the flip side, Kotak Mahindra Bank, ICICI Bank, Tech Mahindra, Bajaj-Auto, Mahindra & Mahindra, SBI, Axis Bank were among the top index losers. About 1440 shares have advanced, 1536 shares declined, and 87 shares are unchanged. The Nifty PSU Bank, Auto, Metal, and PSB index slipped between 1 percent and 1.5 percent on the NSE While the Nifty FMCG index and Nifty Pharma gained half a percent. The BSE MidCap and SmallCap indices closed 0.42 per cent and 0.07 percent lower, respectively

Closing Bell: Sensex down 189 points, Nifty at 15814.70

Monday, June 28, 2021
At close, the Sensex was down 189.45 points or 0.36% at 52735.59, and the Nifty was down 45.70 points or 0.29% at 15814.70 even as Finance Minister Nirmala Sitharaman announced relief measures for an economy, battered by the second wave of Covid-19, and which is bracing for a possible third wave. Asian Paints, Housing Development Finance Ltd (HDFC), State Bank of India, Reliance Industries Ltd (RIL), NTPC were among the top Sensex gainers. Maruti Suzuki, TCS, Larsen & Toubro, Bajaj-Auto, Mahindra & Mahindra, Infosys, HCL Tech, Bharti Airtel were top index laggards. About 1826 shares have advanced, 1420 shares declined, and 147 shares are unchanged. Barring Nifty IT and Nifty Media indices, all the Nifty sectoral indices were trading in the green, lead by gains in Nifty PSU Bank and Nifty Metal which gained 1-2 percent. BSE Midcap and Smallcap indices up 0.4 percent each.

Closing Bell:Sensex down 282 points, Nifty at 15686.95

Wednesday, June 23, 2021
At close, the Sensex was down 282.63 points or 0.54% at 52306.08, and the Nifty was down 85.80 points or 0.54% at 15687 as investors booked profits at higher levels. Maruti Suzuki India was the top gainer followed by Titan Company and Bajaj Finserv. Larsen & Toubro, Kotak Mahindra Bank, Tata Steel, and HDFC were the worst performers. About 1335 shares have advanced, 1629 shares declined, and 116 shares are unchanged. Except for the auto segment, all other sectoral indices settled the session in the red with the Nifty Metal 1 percent and IT 0.87 percent indices nursing the steepest losses. The BSE MidCap and SmallCap indices 0.26 percent and 0.43 percent lower, respectively. India VIX surged 4%

Closing Bell: Sensex down 179 points, Nifty at 15691.40

Thursday, June 17, 2021
At close, the Sensex was down 178.65 points or 0.34% at 52323.33, and the Nifty was down 76.10 points or 0.48% at 15691.40 amid weak global cues after US Fed signaled higher rates in 2023 in its policy outcome on Wednesday. IndusInd Bank, NTPC, Dr Reddy’s Lab, Maruti Suzuki, Axis Bank, Bajaj-Auto, Bharti Airtel, HDFC Bank, State Bank of India (SBI), Housing Development Finance Corporation (HDFC), were top index losers. On the flip side, Tata Consultancy Services (TCS), UltraTech Cement, Infosys, Asian Paints, Tech Mahindra, RIL, HCL Tech were index gainers. About 1347 shares have advanced, 1784 shares declined, and 149 shares are unchanged. The Nifty Metal index slipped 2 percent, followed by the Nifty Realty index down1.6 percent and the Nifty PSB and Auto indices around 1.5 percent each. The Nifty FMCG and IT indices, on the other hand, gained 0.14 percent and 0.57 percent, respectively. The BSE MidCap index cracked 1.3 percent while the BSE SmallCap index slipped 0.58 percent.

Closing Bell:Sensex down 271 points, Nifty at 15767.55

Wednesday, June 16, 2021
At Close, The BSE Sensex index fell 271 points, or 0.51 percent, to close at 52,501.98 while the Nifty ended 102 points, or 0.64 percent, lower at 15,767.55.The top BSE Sensex laggards were Power Grid Corporation of India, IndusInd Bank, Reliance Industries Ltd (RIL), L&T, and UltraTech Cement, among others. On the flip side, stocks of Nestle India, ONGC, NTPC, Hindustan Unilever Ltd (HUL), Infosys, ITC, and TCS were the top gainers.The Nifty Metal index skidded 3 percent, the Nifty PSU Bank and Realty indices dropped over 1 percent each.BSE Basic Materials, energy, industrials, telecom, capital goods, consumer durables, power, and realty indices fell over a percent each. On the contrary, the Nifty FMCG and IT indices gained 0.5 percent and 0.25 percent, respectively. The BSE MidCap index slipped 0.95 percent while the BSE SmallCap index dipped 0.68 percent.

Closing Bell: Sensex down 53 points, Nifty at 15740.10

Tuesday, June 8, 2021
At Close, Sensex closed 53 points, or 0.10 percent, lower at 52,275.57 while the Nifty settled with a nominal loss of 12 points, or 0.07 percent, 15,740.10. Tata Motors, Tech M, Bharti Airtel, Indian Oil Corporation, HCL Tech, and Infosys were the top gainers on the indices. Hindalco, Tata Steel, JSW Steel, Kotak Bank, HDFC, and SBI, meanwhile, were the top laggards. Nifty metal and financial stocks remained under pressure with the Nifty Bank, PSU Bank, and Metal indices closing up to 1.4 percent lower. On the upside, the Nifty IT, FMCG, and Pharma indices gained around 1 percent each. The BSE MidCap index gained 0.36 percent, While SmallCap index closed 0.9 percent higher.

Bajaj Finance shares falls 5 percent after second wave of lockdown

Monday, June 7, 2021
Shares of Bajaj Finance (BAF) declined 5 percent to Rs 5,681 apiece on the BSE in Monday's intra-day trade after the NBFC issued an update about the effect of the Covid-19 wave on the financials of the firm. The share hit 52 weeks high of Rs 6,009 on June 4, 2021, and 52 weeks low of Rs 2,199 on June 12, 2020. In its mid-quarter update, the firm said B2B and auto finance businesses were most affected due to strict lockdowns in the majority of states. The lender’s business-to-business segment has been hit hard, with most shops and establishments staying shut in May. The second segment most impacted was vehicle loans, the lender said. These businesses delivered 70% of their planned volumes in April 2021 as multiple states started imposing lockdowns from mid-April. Their volumes dropped to 40% in May 2021. Read more

Closing Bell:Sensex down 132 points, Nifty at 15670.25

Friday, June 4, 2021
At close, the Sensex was down 132.38 points or 0.25% at 52,100.05, and the Nifty was down 20.10 points or 0.13% at 15,670.30 after the Reserve Bank of India maintained the status quo and keep its stance accommodative.ONGC, L&T, Tech Mahindra, Mahindra & Mahindra, Power Grid Corporation of India, Bharti Airtel, UltraTech Cement were among the top Sensex gainers. Nestle India, SBI, ICICI Bank, HDFC Bank, HUL, Axis Bank, and Titan were major losers in the Sensex pack. About 1832 shares have advanced, 1279 shares declined, and 138 shares are unchanged. The Nifty Bank index ended 1 percent lower, followed by the Nifty Private Bank and FMCG indices, down 0.8 percent and 0.4 percent, respectively. On the upside, the Nifty Metal and Realty indices clocked gains up to 1.6 percent. The BSE MidCap index advanced 0.63 percent while the BSE SmallCap index added 0.78 percent.

Closing Bell: Sensex down 85 points, Nifty at 51849.48

Wednesday, June 2, 2021
At close, the Sensex was down 85.40 points or 0.16% at 51849.48, and the Nifty was up 1.30 points or 0.01% at 15576.20. ,ITC ,Asian Paints, HDFC, Axis Bank, Tech M, HCL Tech, and TCS leading the list of losers. IndusInd Bank, Reliance Industries, SBI, Power Grid, Bajaj Auto, and Maruti Suzuki were the top Sensex gainers. About 2101 shares have advanced, 951 shares declined, and 160 shares are unchanged. The Nifty PSU Bank index zoomed nearly 3 per cent on the NSE, the Nifty Metal and Pharma indices gained 2 per cent each.On the downside, the Nifty IT and FMCG indices slipped 0.77 per cent and 0.5 per cent, respectively.The BSE MidCap index, that hit a record peak of 22,164 earlier today, closed 1.7 per cent higher at 22,141 levels. The BSE SmallCap index, on the other hand, gained 1.35 per cent to close at 23,841 levels after hitting a new peak of 23,842 levels in intra-day trade.

Closing Bell:Sensex ends flat, Nifty at 15574.85

Tuesday, June 1, 2021
At close, the Sensex was down 2.56 points at 51934.88, and the Nifty was down 7.90 points or 0.05% at 15574.90 as investors preferred to book profits after seven straight sessions of gains. ONGC, Bajaj Finance, State Bank of India (SBI), Housing Development Finance Corporation (HDFC), HUL, Tech Mahindra stocks were the top gainers in the Sensex pack. On the flip side, ICICI Bank, UltraTech Cement, Asian Paints, ITC were among the top index laggards. About 1303 shares have advanced, 1782 shares declined, and 119 shares are unchanged. Barring the Nifty Media, Pharma, and IT indices, all other indices settled the day in the red. The Nifty Private Bank index was the top loser, down 1 percent, while the Nifty IT index gained 0.11 percent. The S&P BSE MidCap closed 0.01 percent higher while the SmallCap index slipped 0.3 percent.

Indian economy is on track to grow 10% in the year that began April 1st

Monday, May 31, 2021
The resilience of the Indian economy will be tested by its ability to overcome a devastating outbreak of Covid-19, although no one is yet doubting its potential to pull off the world’s fastest pace of growth among major economies this year. The economy is on track to grow 10% in the year that began April 1, according to the median of 12 estimates compiled by Bloomberg News. That’s after several economists downgraded their forecasts in recent weeks to factor in local curbs on activity, including in India’s political and commercial hubs. Economists say the relaxation of restrictions across states will determine the strength of the rebound, while the willingness of consumers to spend will also be key. Data likely to be released today(31st May 2021) will probably show gross domestic product grew 1% in the three months ended March, making it the second straight quarter of expansion since India exited a rare recession. Read more

Barclays pegs India's FY22 GDP growth at 7.7%

Tuesday, May 25, 2021
Barclays, as measured by gross domestic product (GDP) has pegged India’s economic growth -for fiscal 2021-22 (FY22) – at 7.7 percent in the bear-case scenario, if the country is hit by the third wave of the Covid pandemic going ahead. The economic cost, it believes, could rise by at least a further $42.6 billion, assuming another round of similar stringent lockdowns is imposed across the country for eight weeks later this year. After factoring in recent developments, Barclays has pegged the economic cost of the latest shutdowns at $8 billion per week in May, up from $5.3 billion per week in the last two weeks of April, and well above the $3.5 billion a week estimated early in the second wave. “We believe these economic losses will remain steady at $8 billion a week through the month of May but expect them to ease from June,” Barclays said. Read more

Closing Bell: Sensex down 14 points, Nifty at 15208.45

Tuesday, May 25, 2021
At close, the Sensex was down 14.37 points or 0.03% at 50637.53, and the Nifty was up 10.80 points or 0.07% at 15208.50. . HDFC Bank, Axis Bank, Reliance Industries Ltd (RIL), IndusInd Bank, Housing Development Finance Corporation (HDFC), ITC and Bharti Airtel were among top index laggards. On the flip side, Asian Paints, Titan Company, Bajaj Finserv, ONGC, TCS, Infosys, Power Grid Corporation of India, and Nestle India among others were top Sensex gainers. About 1749 shares have advanced, 1307 shares declined, and 147 shares are unchanged. Nifty Bank index fell 0.81 percent, Nifty PSU Bank was down 1.34 percent and Nifty Private Bank index lost 0.90 percent. While the Nifty IT index gained one percent, the Auto index was up 0.66 percent. The S&P BSE MidCap index slipped 0.3 percent as against the S&P BSE SmallCap index that rose 0.3 per cent.

Closing Bell:Sensex down 338 points, Nifty at 14906.05

Thursday, May 20, 2021
At close, the Sensex was down 337.78 points or 0.68% at 49,564.86, and the Nifty was down 124.20 points or 0.83% at 14,906. ONGC, Sun Pharma, and Power Grid were top Sensex losers. Mahindra & Mahindra, IndusInd Bank, and Titan were the top gainers. About 1614 shares have advanced, 1397 shares declined, and 161 shares are unchanged. The Nifty Bank, Financial Services, Private Bank, and FMCG indices slipped nearly 1 percent each. On the upside, the Nifty Realty index remained gainer for the second straight day and ended 1 percent higher on the NSE. The S&P BSE SmallCap index hit a record high of 0.22 percent. The S&P BSE MidCap index, meanwhile, ended 0.12 percent lower today. India VIX inched higher but closed below 20 levels.

Closing Bell:Sensex down 290 points, Nifty at 15030.15

Wednesday, May 19, 2021
At close, the Sensex was down 290.69 points or 0.58% at 49,902.64, and the Nifty was down 77.90 points or 0.52% at 15,030.15. M&M, Bajaj Finserv, HDFC, Bharti Airtel, Kotak Mahindra Bank, and Ultratech Cement were among the top losers Sun Pharma, Nestle India, and Bajaj Auto were among the top gainers. About 1743 shares have advanced, 1249 shares declined, and 166 shares are unchanged. The Nifty Financial Services index declined 1 percent, followed by 0.9 percent loss each in the Nifty Private Bank and Metal indices. On the upside, the Nifty Realty index zoomed over 2 percent while the Nifty Pharma index added 1 percent. The S&P BSE MidCap and SmallCap indices ended 0.53 percent and 0.35 percent higher, respectively.

Second wave of Covid-19 will delay earnings recovery of India Inc: Moody's

Monday, May 17, 2021
The massive second wave of coronavirus seen in India will delay earnings recovery for Indian companies, rating agency Moody's said today(17th May 2021). "The sharp rise in infections will disrupt earnings, recovery recorded by companies over the past six months," it said while adding that prolonged and wider lockdown will have a more severe effect on earnings recovery. However, the rating agency sees a limited impact of second-wave lockdowns on economic activity so far. Moody's further said restrictions on movement and lockdowns in several parts of the country will lead to weaker consumer sentiment and will hit housing and automobile sales. It said the slowdown in the construction sector will make a dent in cement demand in India and also sees transportation-fuel demand to take a hit temporarily. Read more

Closing Bell: Sensex down 471 poiints, Nifty at 14696.50

Wednesday, May 12, 2021
At close, the Sensex was down 471.01 points or 0.96% at 48690.80, and the Nifty was down 154.30 points or 1.04% at 14696.50 for the second day.Top BSE Sensex losers were IndusInd Bank, Hindustan Unilever Ltd (HUL), ICICI Bank, ONGC, Axis Bank, Kotak Mahindra Bank, Mahindra & Mahindra among others. On contrary, Titan Company, Maruti Suzuki, Power Grid Corporation of India, SBI, Dr Reddy’s were the top gainers. About 1571 shares have advanced, 1443 shares declined, and 151 shares are unchanged. The Nifty Metal index tumbled over 3 percent, followed by the Nifty Private Bank index, down 1.6 percent. The Nifty PSU Bank index zoomed 3.3 per cent. The BSE MidCap and SmallCap indices falling 0.9 percent and 0.6 percent, respectively.

Closing Bell:Sensex down 341 points, Nifty at 14850.75

Tuesday, May 11, 2021
At Close, the BSE Sensex was down 340.60 points at 49,161.81, and the Nifty50 climbed 91.60 points to 14,850.80 following weak global cues. Kotak Mahindra Bank was the biggest index loser today, trailed by HDFC, Tech Mahindra, HUL, Bajaj Finser, Titan Company, and Bajaj Finance. On the contrary, NTPC, ONGC, PowerGrid, Sun Pharma, UltraTech Cement, and SBI were the top gainers. A total of 190 scrips remained unchanged. Banking & financials, IT, Metals, and Pharma stocks were under pressure, whereas PSU Banks bucked the trend. The S&P BSE MidCap and SmallCap indices gained 0.60 percent and 0.80 percent, respectively.

Banks want RBI to relax NPA norms for MSME sector underlockdown stress

Friday, May 7, 2021
Commercial banks have requested the RBI to relax norms on the classification for non-performing loans for micro, medium, and small enterprises (MSMEs) in view of the stress the sector is facing due to lockdowns imposed by different state governments following the second Covid-19 wave. Sources said a request was made to the banking regulator to extend the non-performing asset classification norms for MSME borrowers to 180 days from 90 days now. A sub-standard loan is the first category of NPA. Bankers said the MSME sector was already reeling under pressure and now the second wave will make things extremely difficult for the sector. Read more

Closing Bell: Sensex down 465 points, Nifty at 14496.50

Tuesday, May 4, 2021
At close, the Sensex was down 465.01 points or 0.95% at 48253.51, and the Nifty was down 137.70 points or 0.94% at 14496.50 as an unwavering rise in Covid-19 cases and a slower-than-expected pace of vaccination worried investors on Dalal Street. Reliance Industries was the top loser followed by Sun Pharma, Dr Reddy’s, HDFC Bank, and HDFC. While gainers include ONGC, Bajaj Finance, and TCS. About 1374 shares have advanced, 1534 shares declined, and 169 shares are unchanged. The Nifty PSU Bank index gained 3.5 percent, The Nifty Pharma index, on the contrary, was down 2 percent. The S&P BSE MidCap and SmallCap indices each ended about half a percent lower today.

Indian government is unlikely to impose a nationwide lockdown

Monday, May 3, 2021
The Indian government is unlikely to impose a nationwide lockdown, though states and UTs have been advised to take stringent measures and implement “customised lockdowns” to break the chain of transmission and curb the spread of COVID-19 infection, official sources said. The Supreme Court today directed the central and state governments to consider enforcing a ban on mass gatherings and super spreader events as well as consider imposing a lockdown. "We would seriously urge the central and state governments to consider imposing a ban on mass gatherings and super spreader events. They may also consider imposing a lockdown to curb the virus in the second wave in the interest of public welfare," the Supreme Court said. Read more

Closing bell: Sensex down 64 points, Nifty at 14634.15

Monday, May 3, 2021
At close, the Sensex was down 63.84 points or 0.13% at 48718.52, and the Nifty was up 3.10 points or 0.02% at 14634.20. Bharti Airtel, Maruti Suzuki India, SBI Life, and HUL were the best-performing stocks. While Titan, Reliance Industries Ltd, IndusInd Bank, Axis Bank, BPCL, Kotak Mahindra Bank, and State Bank of India (SBI) were the losers in the Sensex pack. About 1803 shares have advanced, 1184 shares declined, and 162 shares are unchanged. The Nifty Metal index rallied 2 percent today, followed by the Nifty FMCG index, up 1 percent. On the downside, the Nifty Bank index slipped 0.7 percent on the NSE. The S&P BSE SmallCap index gained 1.6 percent, and the S&P BSE MidCap index, on the other hand, settled 0.05 percent higher.

Closing Bell: Sensex falls 983 points, Nifty at 14631.10

Friday, April 30, 2021
At close, the Sensex was down 983.58 points or 1.98% at 48,782.36, and the Nifty was down 263.80 points or 1.77% at 14,631.10 amid weakness in Asian markets and unabated rise in Covid-19 cases along with hiccups in vaccination drive back home. HDFC Bank, Housing Development Finance Corporation (HDFC), ICICI Bank, Kotak Mahindra Bank, Asian Paints, Mahindra & Mahindra Reliance Industries Ltd (RIL) were among top Sensex losers. While, ONGC, Sun Pharma, Dr Reddy’s, and Bajaj-Auto were the top gainers. About 1332 shares have advanced, 1554 shares declined, and 166 shares are unchanged. The Nifty Bank and Financial Services indices dropped 3 percent each while the Nifty FMCG, Auto, IT, and Realty indices slipped up to 1.5 percent. The Nifty Pharma index bucked the trend and gained settled 1 percent higher. The S&P BSE SmallCap settled just 0.07 percent lower and the MidCap index, on the other hand, slipped 0.65 percent.

India’s double-digit growth forecast in risk

Monday, April 26, 2021
Fifteen days back, the International Monetary Fund upgraded India’s economic growth forecast to 12.5% -- the quickest rate among major economies. Now, as Covid-19 cases surge the most globally, that bullish view is looking increasingly in doubt. In Delhi, India’s political capital, the streets are mostly empty and the markets nearly deserted with almost all shops closed in response to curbs put in place by the local administration to fight the pandemic. The scene is not so different in Mumbai, the financial hub. Aimed at controlling the COVID-19 spike, the Karnataka government today announced "close down" across the state for 14 days from Tuesday(27th April 2021) night. High-frequency data are already pointing to a deepening contraction in retail activity in the week through April 18 relative to its pre-pandemic January 2020 level, said a Bloomberg Economist. That’s a key risk for an economy where consumption makes up some 60% of gross domestic product.

Karnataka Government announces Close down for 14 days from tomorrow 9 Pm

Monday, April 26, 2021
Karnataka Chief Minister BS Yediyurappa on April 26 announced "close down" across the state for 14 days from Tuesday night from 9 PM aimed at controlling the COVID-19 spike. All essential shops will be functioning from 6 am to 10 am, after which all shops will close. "Only construction, agriculture sectors, Medical sector and manufacturing sector except garments allowed. Public transport to remain shut", said Karnataka CM. The state cabinet also decided to provide COVID-19 vaccinations free of cost at government hospitals for those between 18-45 years of age. The health department will draw the guidelines required.

Closing Bell: Sensex down 202 points, Nifty at 14341.35

Friday, April 23, 2021
At Close, Market benchmark the Sensex closed 202 points, or 0.42 percent, lower at 47,878.45 while the Nifty closed 65 points, or 0.45 percent, down at 14,341.35 as concerns over the second wave of Covid-19 in the country and nervousness in the global markets overpowered the risk appetite of bargain hunters. NTPC, Power Grid, and IndusInd Bank were the top index gainers. Mahindra & Mahindra, Dr. Reddy’s, and ICICI Bank were among the top losers. The BSE Power index gained 2.35 percent, the utility index rose 1.75 percent, BSE Telecom and realty fell over a percent each while FMCG, IT, fell almost a percent each. The S&P BSE MidCap index gained 0.2 per cent today while the S&P BSE SmallCap index added 0.5 per cent

Closing Bell:Sensex down 243 points, Nifty at 14296.40

Tuesday, April 20, 2021
At close, the Sensex was down 243.62 points or 0.51% at 47,705.80, and the Nifty was down 63.10 points or 0.44% at 14,296.40. Ultratech Cement, HDFC, HDFC Bank, and IT stocks were among the top drags on Sensex. Dr Reddy’s, HDFC Life, Bajaj Finance, Bajaj Auto and Bajaj Finserv were the top gainers on Sensex. About 1603 shares have advanced, 1187 shares declined, and 155 shares are unchanged. The Nifty IT index, down 1.4 per cent, the Nifty FMCG and Bank indices ended 0.64 per cent and 0.35 per cent lower, respectively. On the upside, the Nifty Pharma index ended at 1.3 per cent. The S&P BSE MidCap and SmallCap indices gained 0.5 per cent each.

Closing Bell: Sensex down 882 points, Nifty at 14359.45

Monday, April 19, 2021
At close, the Sensex was down 882.61 points or 1.81% at 47949.42, and the Nifty was down 258.40 points or 1.77% at 14359.50. Britannia, Dr Reddy's Labs, Infosys, Wipro, and Cipla were the only gainers on the Nifty index, On the downside, Adani Ports, Power Grid, ONGC, Hero MotoCorp, IndusInd Bank, Bajaj Finserv, Kotak Mahindra Bank, and HDFC Life were the top drags, About 723 shares have advanced, 2091 shares declined, and 157 shares are unchanged. The Nifty PSU Bank, Nifty Bank, Nifty Private Bank, and Nifty Financial Services indices slipped between 2.5 per cent and 4 per cent. The Nifty Auto, Realty, and Metal indices, meanwhile, tumbled up to 4 per cent. The S&P BSE MidCap and SmallCap indices declined 1.9 per cent and 1.6 per cent, respectively.

Closing Bell:Sensex down 1708 points, Nifty at 14310.80

Monday, April 12, 2021
At close, the Sensex was down 1,707.94 points or 3.44% at 47883.38, and the Nifty was down 524.10 points or 3.53% at 14310.80 as fear of stricter lockdown to curb the second wave of COVID-19 dented investors’ sentiment. Tata Motors, Adani Ports, IndusInd Bank, Bajaj Finance, UPL, SBI, Hindalco, and Shree Cement were the top losers in the Sensex pack, while Dr Reddy's Labs, Cipla, Divis Labs, and Britannia) ended the day in the green. About 493 shares have advanced, 2433 shares declined, and 171 shares are unchanged. The Nifty PSU Bank index plummeted 9 per cent, Nifty Realty slipped 7 per cent, and Nifty Bank, Private Bank, Metal, and Auto indices skidded between 5 per cent and 6 per cent. The S&P BSE MidCap and SmallCap indices dropped 5 per cent each.

Closing Bell:Sensex down 155 points, Nifty at 14834.85

Friday, April 9, 2021
At close, the Sensex was down 154.89 points or 0.31% at 49,591.32, and the Nifty was down 38.90 points or 0.26% at 14,834.90. ICICI Bank, HDFC Bank and Reliance Industries were among the stocks that pulled the indices lower. Sun Pharma, HUL, and Tech Mahindra were the top gainers on Sensex. About 1647 shares have advanced, 1212 shares declined, and 163 shares are unchanged. Bank Nifty ended in the red along with Nifty Private Bank, Nifty Auto and Nifty Metal index down 1 per cent. Nifty Pharma and Nifty PSU Bank were the top-performing sectoral indices. The S&P BSE SmallCap index closed 0.7 per cent higher while the S&P BSE MidCap index dipped 0.07 per cent.

Closing Bell:Sensex down 871 points, Nifty at 14637.80

Monday, April 5, 2021
At close, the Sensex was down 870.51 points or 1.74% at 49,159.32, and the Nifty was down 229.60 points or 1.54% at 14,637.80. Infosys, Tech Mahindra, and HCL Technologies were the top gainers on Sensex, followed by Bharti Airtel. Bajaj Finance and IndusInd Bank were the top drags, followed by SBI. About 1063 shares have advanced, 1848 shares declined, and 180 shares are unchanged. The Nifty PSU Bank index declined 4 per cent on the NSE, while the Nifty Bank, Private Bank, Financial services, Realty, Auto, and Media indices slipped between 2.5 per cent and 3.5 per cent. On the contrary, the Nifty IT index jumped over 2 per cent and the Nifty Metal index gained 1 per cent. The S&P BSE MidCap and SmallCap indices closed 1.13 per cent and 1 per cent, respectively.

Closing Bell:Sensex down 627 points, Nifty at 14690.70

Wednesday, March 31, 2021
At close, the Sensex was down 627.43 points or 1.25% at 49,509.15, and the Nifty was down 154.40 points or 1.04% at 14,690.70. HDFC Bank, HDFC, Power Grid, Tech Mahindra, ONGC, ICICI Bank, Infosys, and Bajaj Finance were the top losers in the Sensex pack. While Bajaj Finserv, ITC, SBI, HUL, Tata Motors, UPL, and Grasim were top gainers in the Sensex pack. About 1362 shares have advanced, 1470 shares declined, and 190 shares are unchanged. Among sectors, IT, bank, energy and infra sectors fell 0.4-1.7 per cent, while the PSU Bank index added over a per cent. The S&P BSE MidCap index ended 0.07 per cent higher while the S&P BSE SmallCap index advanced 0.52 per cent.

Closing Bell:Sensex down 740 points, Nifty at 14324.90

Thursday, March 25, 2021
At close, the Sensex was down 740.19 points or 1.51% at 48,440.12, and the Nifty was down 224.50 points or 1.54% at 14,324.90. Only Dr Reddy’s, ICICI Bank, HDFC, Tata Steel and Larsen & Toubro ended in the green among Sensex constituents. Maruti Suzuki, Hindustan Unilever, and Bharti Airtel, Bajaj Finance, ONGC were the worst performing Sensex stocks. About 748 shares have advanced, 2147 shares declined, and 170 shares are unchanged. The Nifty PSU Bank index skidded 2.5 per cent on the NSE. Meanwhile, the Nifty Realty, Media, and Auto indices dropped 2 per cent each. Other sectoral indices ended up to 1.5 per cent lower, barring the Nifty Metal index, up 0.02 per cent. The S&P BSE MidCap and SmallCap indices closed 2.22 per cent and 1.85 per cent lower, respectively.

Closing Bell: Sensex down 871 points, Nifty at 14549.40

Wednesday, March 24, 2021
At Close, Sensex closed 871 points, or 1.74 per cent, down at 49180.31 while Nifty settled at 14549.40 down 267 points or 1.79 per cent. Reliance Industries and banking stocks were among the major contributors to today’s fall. Only Asian Paints and Power Grid corporation ended with gains on Sensex. Bank Nifty was down 2.6%. Among sectoral indices, only Nifty Pharma ended with gains on Wednesday.. The Nifty PSU Bank, Metal, and Realty indices slipped up to 3 per cent, while the Nifty Private Bank, Financial Services, Auto, and Bank indices were down 2 per cent. The Nifty Pharma index, meanwhile, was up 0.08 per cent.The S&P BSE MidCap and SmallCap indices ended 1.6 per cent and 1.4 per cent lower, respectively.

Closing Bell: Sensex slips 87 points, Nifty at 14736.40

Monday, March 22, 2021
At close, the Sensex was down 86.95 points or 0.17% at 49,771.29, and the Nifty was down 7.60 points or 0.05% at 14, 736.40. Dr Reddy’s, Tech Mahindra, and Sun Pharma were the top gainers. while Adani Ports, Britannia, Divis Labs, and Cipla were the additional gainers on the Nifty. On the downside, IndusInd Bank, Power Grid, ICICI Bank, Tata Motors, HDFC Bank, Reliance Industries, and Axis Bank, were the top laggards on both the indices. About 1570 shares have advanced, 1427 shares declined, and 223 shares are unchanged. Among sectors, Nifty IT, Metal, pharma and FMCG indices added 1 per cent each, while Nifty Bank and PSU Bank index shed a per cent each. The S&P BSE MidCap and SmallCap indices ended 0.99 per cent and 0.73 per cent higher, respectively.

Closing Bell: Sensex down 585 points, Nifty at 14557.85

Thursday, March 18, 2021
At close, the Sensex was down 585.10 points or 1.17% at 49,216.52, while Nifty was down 163.40 points or 1.11% at 14,557.90. Infosys, HCL Technologies, Dr Reddy’s, and Reliance Industries were the worst-performing stocks on Sensex. ITC and BHEL was the top Sensex gainer followed by Bajaj Auto and Bharti Airtel. About 819 shares have advanced, 2114 shares declined, and 131 shares are unchanged. Nifty FMCG and Nifty Metal were the only two sectoral indices to end in green. Nifty IT was down over 3% as the worst performing sectoral index. Nifty PSU Bank and Realty indices declined 2 per cent each, while the Nifty Bank, Private Bank, and Financial Services indices slipped 1 per cent each. The S&P BSE Mid and SmallCap indices sliding 1.3 per cent and 1.6 per cent, respectively at the close.

Closing Bell:Sensex down 562 points, Nifty at 14721.30

Wednesday, March 17, 2021
At close, the Sensex was down 562.34 points or 1.12% at 49,801.62, and the Nifty was down 189.20 points or 1.27% at 14,721.30 for the fourth consecutive session amid a broad-based sell-off. Reliance Industries Ltd (RIL), HDFC Bank, Kotak Mahindra Bank, State Bank of India (SBI) and ICICI Bank contributed the most to the indices’ loss. While gainers included ITC, TCS, Infosys and HDFC.About 818 shares have advanced, 2115 shares declined, and 138 shares are unchanged. All the sectoral indices ended in the red with the Nifty PSU Bank index fell 4 per cent and Nifty Realty, Metal fell 3 per cent. The Nifty Pharma, Private Bank, and Auto indices, meanwhile, skid up to 2 per cent. The S&P BSE MidCap index sliding 2.28 per cent, while the S&P BSE SmallCap index skid 2.12 per cent.

Closing Bell: Sensex down 31 points, Nifty at 14910.45

Tuesday, March 16, 2021
At close, the Sensex was down 31.12 points or 0.06% at 50,363.96, while Nifty was down 19 points or 0.13% at 14,910.50.Top BSE Sensex losers include Larsen & Toubro (L&T), ICICI Bank, State Bank of India (SBI), HDFC Bank, Housing Development Finance Corporation (HDFC), Kotak Mahindra Bank and NTPC. On the flip side, Asian Paints was the top index gainer, up 5 per cent, followed by Dr Reddy’s, HCL Technologies, Hindustan Unilever Ltd (HUL), Tata Consultancy Services (TCS), and ITC, among others. About 1449 shares have advanced, 1463 shares declined, and 174 shares are unchanged. The Nifty Bank, Private Bank, PSU Bank, and Metal indices skid up to 1.3 per cent on the NSE. On the upside, the Nifty IT and FMCG indices closed 1 per cent higher each. The S&P BSE MidCap and SmallCap indices each ended around 0.4 per cent higher.

Closing Bell: Sensex down 400 points, Nifty at 14929.50

Monday, March 15, 2021
At close, the Sensex was down 397.00 points or 0.78% at 50,395.08, and the Nifty was down 101.50 points or 0.68% at 14,929.50. The top BSE Sensex losers were Housing Development Finance Corporation (HDFC), HDFC Bank, State Bank of India (SBI), Kotak Mahindra Bank, Reliance Industries Ltd (RIL). On the flip side, ONGC shares gained the most, rising over 1 per cent. Power Grid Corporation of India, Maruti Suzuki, Tech Mahindra, Asian Paints were among the top index gainers. About 1210 shares have advanced, 1788 shares declined, and 207 shares are unchanged. Nifty sectoral indices were painted red, with the Nifty Bank index, down 2.7 per cent, bleeding the most. Only metal, IT and PSU bank indices ended in the green.The S&P BSE MidCap and SmallCap indices were down 0.8 per cent and 0.5 per cent, respectively.

Closing Bell:Sensex down 400 points, Nifty at 15030.95

Friday, March 12, 2021
At close, the Sensex was down 487.43 points or 0.95% at 50,792.08, while Nifty was down 143.80 points or 0.95% at 15,031.. Kotak Mahindra Bank, HDFC Bank, HDFC, ICICI Bank, and SBI were all trading with losses. Powergrid, Infosys, Titan and Bajaj Finance were the only stocks trading with gains on Sensex. About 1335 shares have advanced, 1626 shares declined, and 174 shares are unchanged. All the NSE indices were painted red with the Nifty Auto and PSU Bank indices down around 2 per cent each. The Nifty Bank, Financial Services, FMCG, Metal, and Private Bank indices, on the other hand, slipped nearly 1 per cent. The S&P BSE SmallCap index fended the fall and settled 0.14 per cent higher and the MidCap, fell 0.45 per cent.

Closing Bell:Sensex down 598 points, Nifty at 15080.75

Thursday, March 4, 2021
At Close, Sensex was down 598.57 points or 1.16% at 50,846.08, and the Nifty was down 164.80 points or 1.08% at 15,080.80. Housing Development Finance Corporation (HDFC) as the top index loser. Bajaj Finsv, L&T, State Bank of India (SBI), Axis Bank, HDFC Bank and ICICI Bank were among other losers. UltraTech Cement, Dr Reddy’s Laboratories, Asian Paint, Hindustan Unilever Ltd (HUL) and Maruti Suzuki ended with gains. About 1580 shares have advanced, 1350 shares declined, and 183 shares are unchanged. Barring Nifty Media and Nifty Realty indices, all the sectoral indices finished trade in the negative territory. The S&P BSE MidCap index settled 0.5 per cent higher,

Closing Bell:Sensex down 1939 points, Nifty at 14529.15

Friday, February 26, 2021
At close, Sensex was 1,939 points, or 3.80 per cent, down at 49,099.99 while Nifty was at 14,529.15, down 568 points or 3.76 per cent. ONGC was the worst performer, followed by Mahindra & Mahindra, Bajaj Finserv, Bajaj Finance, Grasim and Axis Bank. Small-cap stocks held their ground relatively better as the S&P BSE SmallCap index settled only 0.7 per cent down. The S&P BSE MidCap index, on the other hand, ended 1.75 per cent lower. Nifty Bank tanked 4.63%, along with a 4.86% fall in Nifty Financial Services. The Nifty Metal and Auto indices dropped 3 per cent while the Nifty FMCG, IT, and Pharma indices slipped 2 per cent each. Volatility spiked to an eight-month high of 28.05 points, jumping 22.54%.

Closing Bell:Sensex down 1145 points, Nifty at 14675.70

Monday, February 22, 2021
At close, the Sensex was down 1,145.44 points or 2.25% at 49,744.32, and the Nifty was down 306.10 points or 2.04% at 14,675.70.ONGC, HDFC Bank, Kotak Mahindra Bank, Asian Paints, Ultratech Cement, and Infosys were the only Sensex stocks to trade in the green.L&T and Mahindra & Mahindra, Dr Reddy’s Labs, ITC were the top drags. About 1030 shares have advanced, 1942 shares declined, and 151 shares are unchanged. Nifty metal up 1.6 per cent. On the downside, the Nifty Realty, PSU banks, Pharma, IT, and Media indices declined by 3 per cent, while the Nifty Private Bank, FMCG, Financial Services, and Banks' index closed 2 per cent down. The S&P BSE MidCap and SmallCap indices closing 1.34 per cent and 1 per cent down, respectively. India VIX was up 5% sitting above 23 levels.

Closing Bell:Sensex down 434.93 points, Nifty at 14981.75

Friday, February 19, 2021
At close, the Sensex was down 434.93 points or 0.85% at 50,889.76, and the Nifty was down 137.20 points or 0.91% at 14,981.80. ONGC was the top loser, followed by State Bank of India (SBI), Axis Bank, ICICI Bank, Bajaj-Auto, Maruti Suzuki. On the flip side, IndusInd Bank, Hindustan Unilever Ltd (HUL), Reliance Industries Ltd (RIL) and TCS were among other gainers. About 1175 shares have advanced, 1727 shares declined, and 170 shares are unchanged.ll sectoral indices ended in the red with the PSU bank index down 4.7 per cent, while the auto, bank, infra, metal and pharma indices shed 1-2 per cent.. The S&P BSE MidCap index underperformed on the BSE and 1.7 per cent down today. The SamllCap counterpart, meanwhile, settled at 0.7 per cent down.

Closing Bell:Sensex down 379 points, Nifty at 15118.95

Thursday, February 18, 2021
At close, the Sensex was down 379.14 points or 0.73% at 51,324.69, and the Nifty was down 89.90 points or 0.59% at 15,119. Bajaj Finance was the top loser followed by Kotak Mahindra Bank, Mahindra & Mahindra (M&M), ICICI Bank, Housing Development Finance Corporation (HDFC), and Nestle India. On the flip side, ONGC was the top gainer followed by NTPC, Asian Paints, Tech Mahindra and Tech Mahindra. About 1609 shares have advanced, 1316 shares declined, and 151 shares are unchanged. Sectorally, Nifty PSU Bank, Nifty IT and Nifty Metal indices ended up 5.6 per cent, 1.33 per cent and 1.31 per cent, respectively. On the downside, the Nifty Financial Services, Auto, and Private Bank indices slipped up to 1.5 per cent each. The S&P BSE SmallCap index moved closer to record high levels and the S&P BSE MidCap, on the other hand, closed at 20,376 levels, up 0.7 per cent.

Closing Bell:Sensex down 400 points, Nifty at 15208.90

Wednesday, February 17, 2021
At close, the Sensex was down 400.34 points or 0.77% at 51,703.83, and the Nifty was down 104.60 points or 0.68% at 15,208.90. HDFC Bank, Housing Development Finance Corporation (HDFC), Kotak Mahindra Bank, TCS, Infosys and Hindustan Unilever Ltd (HUL), were the top gainers in the Sensex pack. While Nestle, Maruti Suzuki, Asian Paints, Bajaj Finserv, HDFC Bank, and IndusInd Bank were the top losers on the BSE. About 1480 shares have advanced, 1422 shares declined, and 144 shares are unchanged. Nifty IT and Pharma indices were down 1.3 per cent and 1.7 per cent down, respectively. The Nifty Financial Services and FMCG indices, too, ended up to 1 per cent down. On the upside, the Nifty PSU bank index settled around 6 per cent higher on privatisation hopes.S&P BSE MidCap index was up 9 points at 20,237, while S&P BSE SmallCap index rose half a per cent or 105 points to settle at 19,883.

Closing Bell:Sensex down 20 points, Nifty at 15106.50

Wednesday, February 10, 2021
At close, the Sensex was down 19.69 points or 0.04% at 51,309.39, and the Nifty was down 2.80 points or 0.02% at 15,106.50. Axis Bank, HDFC Bank, ONGC, PowerGrid, and L&T were the top losers. Bajaj Finserv, M&M, Bajaj Finance, Titan, TCS, and Reliance Industries were top gainers. About 1455 shares have advanced, 1454 shares declined, and 161 shares are unchanged. The nifty auto index rose 1 per cent The Nifty Realty index closed 1.6 per cent higher, followed by gains in the Nifty Pharma. While the Nifty Bank and the Nifty Private Bank indices ended 0.7 per cent down. The S&P BSE MidCap and SmallCap indices added 0.7 per cent and 0.4 per cent, respectively at the close.

Closing Bell: Sensex down 19 points, Nifty at 15109.30

Tuesday, February 9, 2021
At close, the Sensex was down 19.69 points or 0.04% at 51,329.08, and the Nifty was down 6.50 points or 0.04% at 15,109.30. Asian Paints was the top Sensex gainer, followed by ONGC and Titan. Mahindra & Mahindra, Sun Pharma, and ITC were the top drags. About 1279 shares have advanced, 1634 shares declined, and 184 shares are unchanged. Except for energy and infra, all other sectoral indices trading in the red. The Nifty Auto, Metal, and Pharma indices settled over 1 per cent lower each, and Nifty Realty Index were down 0.70 per cent and the Nifty FMCG index down 0.60 per cent. The S&P BSE MidCap index down 0.18 per cent, while the S&P BSE SmallCap index closed 0.26 per cent down.

Closing Bell: Sensex down 588 points, Nifty at 13634.60

Friday, January 29, 2021
At close, Sensex closed 589 points, or 1.26 per cent, down at 46,285.77 while Nifty shut shop at 13,634.60, down 183 points or 1.32 per cent. IndusInd Bank was the top gainer, followed by Sun Pharma, ICICI Bank, and HDFC Bank. Dr Reddy’s Labs, Bajaj Auto, Infosys, and Maruti Suzuki India were the top drags. Nifty Auto and IT fell almost 3 per cent each. Metal and Pharma indices fell up to 2 per cent. Nifty PSU Bank index rose nearly 2 per cent. Nifty realty gained 0.7 per cent. India VIX, jumped over 4%.The S&P BSE MidCap and S&P BSE SmallCap index down 0.69 per cent and 0.25 per cent, respectively at the close.

Closing Bell: Sensex down 535 points, Nifty at 13817.55

Thursday, January 28, 2021
At close, the Sensex was down 535.57 points or 1.13% at 46,874.36, and the Nifty was down 150 points or 1.07% at 13,817.50 amid expiry of the January series of the Futures and Options (F&O) contracts, and profit-booking on stretched valuations and ahead of the Union Budget announcement next week. Axis Bank was the top gainer followed by State Bank of India, and ICICI Bank. Hindustan Unilever, Maruti Suzuki India, and HDFC Bank were top losers. About 1543 shares have advanced, 1285 shares declined, and 161 shares are unchanged. Nifty Realty index down over 2 per cent. Nifty Bank and Private Bank index, up around 0.3 per cent each. The BSE MidCap index ended 0.4 per cent lower while the smallcap counterpart closed down 0.45 per cent.

Closing Bell:Sensex down 938 points, Nifty at 13967.50

Wednesday, January 27, 2021
At close, the Sensex was down 937.66 points or 1.94% at 47,409.93, and the Nifty was down 271.40 points or 1.91% at 13,967.50 for the fourth consecutive session on the back of broad-based selling. IndusInd Bank, Titan, and Axis Bank were the top drags followed by Reliance Industries, HDFC Bank, HDFC, and ICICI Bank. Tech Mahindra, ITC, SBI Life Insurance, Wipro, and Power Grid Corp were the top gainers. Nifty Bank index, down 2.93 per cent, being the top loser. Except for FMCG, all other sectoral indices ended in the red. BSE Midcap and Smallcap indices shed 0.5-1.3 per cent.Volatility index of India VIX soared to cross 24 levels

Closing Bell:Sensex down 746 points, Nifty at 14371.90

Friday, January 22, 2021
At close, Sensex was down 746 points, or 1.50 per cent, at 48878.54 and Nifty was at 14371.90, down 218 points or 1.50 per cent as investors took some profit off the table on Friday. Axis Bank was the top loser followed by SBI, ICICI Bank, IndusInd Bank. On the flipside, Bajaj Auto, HUL, TCS, Ultratech Cement, and Bajaj Finserv were the only gainers on the Sensex. The S&P BSE MidCap index ended 1.1 per cent lower at 18,777.46 levels while the S&P BSE SmallCap index closed at 18,442 levels, down 0.93 per cent. India VIX, the volatility index, rose 1.09 per cent to settle at 22.42 levels. The nifty metal was down 4 per cent. Nifty Bank index tanked over 1,000 points, or 3.25 per cent, to close at 31,176 levels.

Closing Bell:Sensex down 167 points, Nifty at 14590.35

Thursday, January 21, 2021
At close, Sensex was down 167 points, or 0.34 per cent, at 49,624.76 and Nifty was at 14,590.35, down 54 points or 0.37 per cent and hit an all-time high of 50,184.0. Bajaj Finance, Bajaj Finserv, HCL Tech, IndusInd Bank, Bajaj-Auto, Ultratech Cement, Reliance Industries Ltd (RIL), Tech Mahindra and Titan Company were among top Sensex gainers. On the flip side, Tata Consultancy Services (TCS), Housing Development Finance Corporation (HDFC) and HDFC Bank were the index losers. Nifty PSU Bank, Nifty Realty and Nifty Metal indices down between 2 per cent and 3.5 per cent and BSE Telecom down 2.64 per cent.BSE Midcap and Smallcap indices fell 0.88 per cent and 0.68 per cent, respectively.

Closing Bell:Sensex down 264 points, Nifty at 14146.25

Wednesday, January 6, 2021
At close, the Sensex was down 263.72 points or 0.54% at 48,174.06, and the Nifty was down 53.20 points or 0.37% at 14,146.30. Reliance Industries Ltd (RIL), ITC, Infosys, Tata Consultancy Services (TCS) and Hindustan Unilever Ltd (HUL) contributed the most to the indices’ loss today. while gainers included Power Grid Corp, Shree Cements, GAIL, Hindalco and Grasim Industries. About 1494 shares have advanced, 1543 shares declined, and 128 shares are unchanged. Nifty IT and Nifty FMCG indices were the top sectoral losers on the NSE, down over 1 per cent each. On the contrary, Nifty Metal index managed to close 1 per cent higher. The BSE MidCap index ended 0.4 per cent up and the BSE SmallCap index down 0.14 per cent.

Closing Bell:Sensex down 1,406 points, Nifty at 13328.40

Monday, December 21, 2020
At close, the Sensex was down 1,406.73 points or 3.00% at 45553.96, and the Nifty was down 432.10 points or 3.14% at 13328.40 as profit booking gripped the markets. The gainers included L&T, RIL, and HDFC Bank. All stocks on the Nifty50 ended lower led by the ONGC, Tata Motors, GAIL, IndusInd Bank, M&M, Hindalco and IOC. Nifty PSU Bank index cracked 7%, Nifty Realty index skid 6%, and Nifty Metal, Infra, Bank, Auto and Energy index dropped 4-5% on the NSE. India VIX, the volatility gauge, jumped over 23% in the intra-day deals to hit a high of 23.4 levels. This was the index's biggest jump since July 18.

Closing Bell:Sensex down 143 points, Nifty at 13478.30

Thursday, December 10, 2020
At close, the Sensex was down 143.62 points or 0.31% at 45959.88, and the Nifty was down 50.80 points or 0.38% at 13478.30 after profit booking. Maruti Suzuki India, Power Grid, and Sun Pharma were the top Sensex gainers. While IRCTC was the top loser followed by UltraTech Cement, Infosys, and Tata Steel. About 1209 shares have advanced, 1642 shares declined, and 158 shares are unchanged. Nifty PSU Bank index, down 2 per cent.Nifty FMCG, up over 1 per cent. The S&P BSE MidCap and SmallCap indices were trading 1 per cent and 0.8 per cent lower, respectively. Except for Nifty Auto, Nifty FMCG, and Nifty Pharma, other indices ended in the red. Volatility was down over 2%

Closing Bell:Sensex down 37 points, Nifty at 13113.75

Wednesday, December 2, 2020
At close, Sensex down 37 points or 0.08 per cent lower and closed at 44618.04, and Nifty up 4.7 points, or 0.04 per cent and ended flat at 13113.75 amid high volatility. ONGC was top gainer followed by Asian Paints, Titan Company, Tata Steel, Bajaj-Auto, M&M and Maruti Suzuki. HDFC Bank, Kotak Mahindra Bank, Housing Development Finance Corporation (HDFC), ICICI Bank and Bajaj Finance contributed the most to the indices’ loss today. About 1573 shares have advanced, 1124 shares declined, and 134 shares are unchanged. The metal index added 2 per cent and auto index gained 1 per cent. While Nifty Bank index fell 1.19 per cent.

Closing Bell:Sensex down 110 points, Nifty at 12968.95

Friday, November 27, 2020
At close, the Sensex was down 110.02 points or 0.25% at 44,149.72, and the Nifty was down 18 points or 0.14% at 12,969 ahead of the release of gross domestic product (GDP) numbers for the second quarter of the current fiscal. Top Sensex gainers were Asian Paints, Bajaj Auto, Tech Mahindra, and IndusInd Bank. While losers include Nestle India, Power Grid, ONGC, and HCL Tech. About 1717 shares have advanced, 1039 shares declined, and 172 shares are unchanged. Auto and PSU bank indices gained 1 per cent each. Selling seen in the infra, IT and energy stocks.BSE Midcaps and Smallcap indices rose 2 per cent each.

Closing Bell:Sensex down 580 points, Nifty at 12771.70

Thursday, November 19, 2020
At close, the Sensex was down 580.09 points or 1.31% at 43,599.96, and the Nifty was down 166.60 points or 1.29% at 12,771.70. Top gainers were TCS, Bajaj Finserv, Kotak Mahindra Bank, Powergrid, and Reliance Industries. While losers include SBI, ICICI Bank, JSW Steel and Axis Bank. About 1179 shares have advanced, 1384 shares declined, and 156 shares are unchanged. Nifty Bank index down 3 per cent, while Infra and IT indices fell 1 per cent each. Energy and FMCG indices ended in the green.BSE SmallCap index was trading 0.1 per cent lower and BSE MidCap index was down 0.7 per cent

Closing Bell:Sensex down 236.48 points, Nifty at 12690.80

Thursday, November 12, 2020
At close, the Sensex was down 236.48 points or 0.54% at 43357.19, and the Nifty was down 58.40 points or 0.46% at 12690.80 even as FM Nirmala Sitharaman announced 12 measures under 'AtmanirbharBharat 3.0. SBI was the top loser followed by Kotak Mahindra Bank, IndusInd Bank, and ICICI Bank. While HUL, ITC, and L&T were top gainers. About 1531 shares have advanced, 1117 shares declined, and 185 shares are unchanged. Bank and metal other indices ended in the green. BSE Midcap and Smallcap indices rose 0.5 and 1.2 per cent each. India VIX was down over 6% on Thursday.

HDFC Q2 result net profit tanks 28 per cent, beats market expectation

Monday, November 2, 2020
Housing Development Finance Corporation (HDFC) on Monday posted a net profit for the September quarter of FY21 which is 27.5 per cent less compared to the corresponding year. It reported a profit of Rs 2,870.12 crore against a Rs 2,360 crore estimate that analysts had made. It had reported a net profit of Rs 3,961.5 crore in the year-ago period. On a consolidated basis, the profit declined 53.15 per cent to Rs 5,035.41 crore from Rs 10,748.69 crore clocked in Q2FY20. Provisions worth Rs 436 crore has been set aside for the September quarter of FY21. It added that bottom line numbers are not comparable due to dividend income and profit on the sale of investments of Rs 323 crore. The figure stood at Rs 2,701 crore last year. The net interest income (NII) came in at Rs 3,647 crore, jumping 20.7 per cent YoY from Rs 3,021 crore. Read more

Closing Bell:Sensex down 136 points, Nifty at 11642.40

Friday, October 30, 2020
At close, the Sensex was down 135.78 points or 0.34% at 39614.07, and the Nifty was down 28.40 points or 0.24% at 11642.40 due to weak global cues. HCL Technologies, Tata Steel, NTPC, ONGC and Nestle were top Sensex gainers. While Power Grid, Maruti Suzuki India, and Kotak Mahindra Bank were the top losers. About 1322 shares have advanced, 1222 shares declined, and 167 shares are unchanged. The BSE MidCap index ended 0.62 per cent higher while the BSE SmallCap index down just 0.03 per cent. India VIX, rose 3 per cent to 24.7 levels. Except auto, bank and FMCG other sectoral indices ended higher.

Closing Bell:Sensex down 172 points, Nifty at 11670.80

Thursday, October 29, 2020
At close, the Sensex was down 172.61 points or 0.43% at 39,749.85, and the Nifty was down 58.80 points or 0.50% at 11,670.80 on weak global cues. Asian Paints, UltraTech Cement, HCL Technologies, and Kotak Mahindra Bank were the top gainers on Sensex while Titan Company, Tata Motors, Adani Ports and L&T were the top drags. About 1019 shares have advanced, 1542 shares declined, and 170 shares are unchanged. Nifty IT and energy ended with gains, all other sectoral indices ended lower led by FMCG, pharma, metal and auto. BSE Smallcap index shed 0.5 per cent. India VIX gained over 3.5 per cent to 24 levels.

Tata Motors Q2 result: Loss widens to Rs 314.5

Tuesday, October 27, 2020
The country's largest commercial vehicle maker Tata Motors on Tuesday reported a consolidated loss of Rs 314.5 crore for the quarter ended September 30. The CNBC-TV18 poll has estimated Rs 1,290 crore loss. The company had reported a loss of Rs 216.56 crore in the September quarter of 2019. The auto major’s total revenue from operations dropped by 18.19 per cent to Rs 53,530 crore, from 65,431.95 crores a year ago. The company’s finance costs increased by Rs 114 crore to Rs 1,950 crore in the quarter due to higher gross borrowings. The company said its revenue in the last six months had been impacted as the group’s manufacturing plants and offices had to be closed down for a considerable period of time due to the Covid-19 pandemic. The company is monitoring the situation closely taking into account directives from the governments. Read more

Closing Bell:Sensex tanks 540 points, Nifty at 11767.75

Monday, October 26, 2020
At close, the Sensex was down 540 points or 1.33% at 40145.50, and the Nifty was down 162.60 points or 1.36% at 11767.80 due to the board sell-off and weak global cues. Hero MotoCorp, Bajaj-Auto, Reliance and M&M were top losers in the Sensex pack. while gainers were HDFC Life, Nestle, Kotak Mahindra, IndusInd Bank and L&T.About 986 shares have advanced, 1655 shares declined, and 171 shares are unchanged. The BSE MidCap index tumbled 1.77 per cent while the BSE SmallCap index fell 0.88 per cent. Nifty Auto and Metal indices shed over 3 per cent each. On the NSE, all the sectoral indices ended in the red.

Bajaj Auto Q2 profit falls 19% to Rs 1,138 crore

Thursday, October 22, 2020
Shares of a major two-wheeler Bajaj Auto fell 1 per cent to Rs.2983 after the company reported 18.84 per cent year-on-year (YoY) drop in net profit at Rs 1,138.20 crore for the quarter ended September 30, missing a CNBC-TV18 poll estimates which of Rs 1,212 crore. The auto major had reported Rs 1,402.42 crore profit for the corresponding quarter last year. Total revenue from operations declined 7.16 per cent YoY to Rs 7,155.86 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) dropped 0.9 per cent year-on-year to Rs 1,266.2 crore, but margin expanded 110 bps YoY to 17.7 per cent in Q2 FY21. Operating profit of the company inched lower by 1 per cent to Rs 1,233 crore. As on September 30, 2020, the company's surplus cash and cash equivalents stood at Rs 16,240 crore as against Rs 14,232 crore as on June 30, 2020, and Rs 14,322 crore as on March 31, 2020.Bajaj Auto sold 1,053,337 units in Q2FY21, down 10 per cent YoY, against 1,173,591 units in Q2FY20. Read more

Kovid-19 lockdown: Borrowers to get compound interest waiver for the six-month moratorium period

Thursday, October 22, 2020
The Union Cabinet is understood to have given its go-ahead to the compound interest waiver for borrowers for the six-month moratorium period announced by the Reserve Bank, according to government sources. The government had filed an affidavit in the Supreme Court in a case concerning the moratorium, stating that it would waive interest on interest on loans up to Rs 2 crore for a select category of borrowers. The apex court has asked the government to present a clear plan on the scheme at the next hearing on November 2. The government will now inform the court about the approval from the Cabinet and subsequent directives in this regard. The Centre expects an expenditure of Rs 5,500-6,000 crore on the proposed waiver.

Closing Bell: Sensex down 148 points, Nifty at 11896.45

Thursday, October 22, 2020
At close, the Sensex was down 148.82 points or 0.37% at 40558.49, and the Nifty was down 41.20 points or 0.35% at 11896.50 dragged by banks, pharma, and tech stocks. NTPC was the top Sensex gainer, followed by Bharti Airtel, Bajaj Finance, Tata Steel, Axis Bank, ONGC, ITC and HUL. On the flip side, IndusInd Bank was the top loser, followed by ICICI Bank, Titan Company, Infosys, HDFC Bank, Reliance Industries, Maruti Suzuki. About 1412 shares have advanced, 1188 shares declined, and 159 shares are unchanged. Nifty Pharma index was the top sectoral loser down 1 per cent. The BSE MidCap and SmallCap indices were trading flat with a positive bias.IT and bank ended in the red while buying witnessed in the energy, metal and infra sectors.

Closing Bell:Sensex down1066 points, Nifty at 11680.35

Thursday, October 15, 2020
At close, the Sensex was down 1,066.33 points or 2.61% at 39728.41, and the Nifty was down 290.60 points or 2.43% at 11680.40 as governments across Europe tightened restrictions to battle an accelerating second wave of Covid-19 infections. Asian Paints, Coal India Hero MotoCorp and JSW Steel were among major gainers on the Nifty, while losers were Bajaj Finance, Tech Mahindra, IndusInd Bank, ICICI Bank and SBI. About 802 shares have advanced, 1797 shares declined, and 145 shares are unchanged. The volatility index jumped over 9 per cent to 22.05 levels. BSE MidCap index slipped 1.75 per cent and the BSE SmallCap index fell 1.45 per cent.

Closing Bell:Sensex ends flat amid high volatility, Nifty at 11222.40

Tuesday, September 29, 2020
At close, the Sensex was down 8.41 points or 0.02% at 37,973.22, and the Nifty was down 5.10 points or 0.05% at 11,222.40 after fluctuating between gains and losses. Ultratech Cement was the top gainer followed by TCS, JSW Steel, Hero MotoCorp and Tata Steel. While losers included ONGC, IndusInd Bank, UPL, Power Grid Corp and Axis Bank. Nifty PSU Bank index, down 2 per cent. About 1170 shares have advanced, 1406 shares declined, and 168 shares are unchanged. Buying witnesses in the metal, IT and auto sectors, while the bank, FMCG, infra, pharma and energy indices ended in the red. The S&P BSE MidCap index up 0.12 per cent while the S&P BSE SmallCap down 0.02 per cent.

Closing Bell:Sensex crashes 1155 points, Nifty at 10805.55

Thursday, September 24, 2020
At close, the Sensex was down 1,114.82 points or 2.96% at 36553.60, and the Nifty was down 326.40 points or 2.93% at 10805.50. Barring HUL, all the Sensex constituents such as IndusInd Bank, Bajaj Finance and ICICI Bank ended deep in red today. The volatility index, India VIX, shot up 12.32 per cent to 23.53 levels. About 598 shares have advanced, 2009 shares declined, and 155 shares are unchanged. Nifty IT and Nifty Metal indices were top sectoral losers, down 4.20 per cent and 4.24 per cent, respectively. Nifty Bank fell 3.4 per cent, Nifty Auto 3.54 per cent and Nifty FMCG index lost 0.95 per cent. The S&P BSE MidCap and SmallCap indexes were trading over 2 per cent lower, too.

Closing Bell:Sensex slips 66 points, Nifty at 11131.85

Wednesday, September 23, 2020
At close, the Sensex was down 65.66 points or 0.17% at 37,668.42, and the Nifty was down 21.80 points or 0.20% at 11,131.90 amid volatility. Infosys, HCL tech, Asian Paints, L&T, HDFC Bank, Maruti Suzuki, ITC were major gainers in the Sensex pack, while losers include Bharti Airtel, Tata Steel, TCS, Power Grid Corporation of India, NTPC, ONGC and Bajaj-Auto. About 1213 shares have advanced, 1382 shares declined, and 155 shares are unchanged. Nifty IT was the top sectoral gainer. Nifty PSU Bank index, down 2 per cent. The BSE MidCap and SmallCap indexes were trading 0.7 per cent and 1.2 per cent higher, respectively. Barring Nifty Metal and Nifty PSU Bank indices, all the sectoral indices were trading in the positive territory. India VIX, rose 3 per cent

Closing Bell:Sensex crashes 300 points, Nifty at 11153.65

Tuesday, September 22, 2020
At Close, Sensex closed 300 points, or 0.79 per cent, lower at 37,734.08 while Nifty ended at 11,153.65 with a loss of 97 points or 0.86 per cent. Maruti Suzuki was the most loser in the Sensex pack followed by L&T, IndusInd Bank, Axis Bank, ONGC, Reliance Industries, Asian Paints and Titan Company. On the flip side, HCL Tech was the top Sensex gainer followed by TCS, Sun Pharma, Tech Mahindra, ICICI Bank and Bharti Airtel. Nifty Bank index fell 1.07 per cent while Nifty FMCG was down 0.78 per cent. Realty, Oil & Gas, Capital Goods and Industrials lost 2 per cent. India VIX slipped nearly 5 per cent to 21 levels. BSE Midcap and Smallcap indices were 1.68 per cent and 1.79 per cent down, respectively. Barring Nifty Pharma and Nifty IT indices, all the sectoral indices have ended in the negative territory.

Closing Bell:Sensex crashes 812 points, Nifty at 11250.55

Monday, September 21, 2020
At Close, Sensex closed 812 points, or 2.09 per cent, down at 38,034.14 while Nifty ended 254 points, or 2.21 per cent, lower at 11,250.55. IndusInd Bank was the most loser of the Sensex pack, followed by Bharti Airtel, Tata Steel, ICICI Bank, M&M, Maruti Suzuki, Axis Bank, Bajaj Finance and Nestle India. On the contrary, Kotak Mahindra Bank, Infosys and TCS were the top Sensex gainers. The nifty Metal index lost 5.53 per cent, followed by 4.46 per cent loss in Nifty Pharma index. Nifty Realty index fell 6 per cent. Nifty IT index too settled lower. Nifty Bank declined over 3.3 per cent. All the sectoral indices settled in the negative territory. BSE Midcap and Smallcap indices closed 3.43 per cent and 3.61 per cent down, respectively.

Closing Bell:Sensex down 171 points, Nifty at 11278.00

Wednesday, September 9, 2020
At Close, Sensex ended 171 points, or 0.45 per cent, lower at 38,193.92 while Nifty settled 39 points, or 0.35 per cent, lower at 11,278 amid weak global clues. Tata Steel was the Sensex gainer, followed by RIL, Sun Pharma, Bharti Airtel, Asian Paints, Nestle India and Maruti Suzuki. State Bank of India was the most Sensex loser followed by Bajaj Finserv, Axis Bank, ONGC, ITC, Bajaj Finance, ICICI Bank, Kotak Mahindra Bank and HDFC Bank. Nifty PSU Bank index declined 2.87 per cent. The BSE Midcap and Smallcap indices closed 0.28 per cent and 0.94 per cent down, respectively. Among sectoral indices, Nifty Auto, Nifty Media, Nifty Metal and Nifty Pharma settled with gains.

Closing Bell: Sensex down 51.88 points, Nifty at 11317.35

Tuesday, September 8, 2020
At close, the Sensex was down 51.88 points or 0.14% at 38365.35, and the Nifty was down 37.60 points or 0.33% at 11317.40 with a negative bias on Tuesday amid selling in blue-chip counters. HCL Tech and Infosys were the top Sensex gainers followed by Reliance Industries, Tech Mahindra, TCS, HDFC Bank, Maruti Suzuki and Bajaj Auto. On the flip side, Tata Steel was the top Sensex loser followed by Bharti Airtel Axis Bank, ONGC, Sun Pharma, NTPC, State Bank of India. About 957 shares have advanced, 1695 shares declined, and 170 shares are unchanged. Except for the Nifty IT index, all the sectoral indices settled in the negative territory today.BSE Midcap and Smallcap indices shed 1-1.5 per cent.

Closing Bell:Sensex down 95.09 points, Nifty at 11527.45

Thursday, September 3, 2020
At Close, Sensex is down 95.09 points or 0.24% at 38990.94, and the Nifty down 7.50 points or 0.07% at 11527.50 after fluctuating between minor gains and losses during the session. Titan was the top gainer in the Sensex pack, followed by Tech Mahindra, Grasim Industries and Nestle India. while losers were Bharti Airtel, ICICI Bank, Hindalco Industries, Axis Bank and Kotak Mahindra Bank. About 1452 shares have advanced, 1199 shares declined, and 176 shares are unchanged. MidCap index ended 0.4 per cent higher at 15,079 levels while BSE SmallCap index settled at 14,761 points, up 0.74 per cent. The volatility index, the India VIX slipped 2.75%. Buying seen in the IT, pharma, auto and FMCG pack, while bank and metal remained under pressure.

Closing bell:Sensex tanks 839 points, Nifty at 11387.50

Monday, August 31, 2020
At Close, Sensex ended lower by 839.02 points or 2.13 per cent at 38628.29, and the Nifty down 284.40 points or 2.44 per cent at 11387.50 amid India-China border tension. Reliance Industries (RIL) was the biggest contributor to the index's loss, followed by ICICI Bank, Sun Pharma, SBI, Bajaj Finserv and Bajaj Finance and HDFC. Metals, pharma and the PSU Bank index tumbled over 4 per cent while the midcap index down 3 per cent. India VIX jumped over 24 per cent to 22.84 levels. Except Nifty IT all other sectoral indices ended with losses.

Public Sector Banks face fresh capital shortages as coronavirus aftermath: Moody's

Friday, August 21, 2020
Public sector banks in India will need external capital injection of Rs 1.9-2.1 trillion over the next two years to restore loss absorption capacity, according to Moody’s. The most likely source of capital to plug these capital shortfalls is the government, despite its completion of a large recapitalisation just a few months ago. Uncertainty surrounding India's economic recovery and the ongoing clean-up of balance sheets are making it difficult for banks to raise equity capital from markets, the rating agency said in a statement. "PSBs dominate India's banking system, meaning any failure could jeopardise financial stability Moody’s, said. The sharp slowdown in India's economic growth, exacerbated by the coronavirus outbreak, will hurt public sector banks' (PSBs) asset quality and drive up credit costs. The Non-Performing Loans (NPLs) ratio will rise to 14.5 percent by March 2022 from 11 percent as of March 2020.

Closing Bell: Sensex down 394 points, Nifty at 11312.20

Thursday, August 20, 2020
At Close, Sensex closed 394 points or 1.02 per cent, lower at 38,220.39 and Nifty closed 96 points, or 0.84 per cent, down at 11,312.20. NHPC was the top gainer followed by ONGC, Powergrid, and Tata Steel. On the other side HCL Technologies, HDFC, Axis Bank and Bharti Airtel were top losers.BSE Midcap and Smallcap indices rose 0.87 per cent and 0.72 per cent, respectively. Nifty Private Bank index slipped over 1 per cent while Nifty Bank index fell 1.3 per cent. Nifty Media, on the other hand, rose over 3 per cent. Bank, finance, energy and telecom packs fell over a per cent each.

Closing Bell:Sensex down 600 points, Nifty at 11178.40

Friday, August 14, 2020
At close, the Sensex was down 433.15 points or 1.13% at 37877.34, and the Nifty was down 122.10 points or 1.08% at 11178.40. Tata Steel was the top Sensex gainer followed by Sun Pharma, Reliance Industries, TCS, Infosys, Housing Development Finance Corporation, ICICI Bank and NTPC.On the other hand, Power Grid, HCL Tech, Maruti Suzuki, Bajaj-Auto, Tata Steel and Titan Company were the top index losers. About 1085 shares have advanced, 1600 shares declined, and 133 shares are unchanged. Nifty IT index was up 0.58 per cent. Nifty Pharma index, up 2.5 per cent. The nifty Auto index dipped over 1 per cent. Except for metal and pharma, all other sectoral indices ended in the red. BSE Midcap and Smallcap indices ended 0.5-1 per cent lower.

Closing Bell: Sensex end flat, Nifty at 11300.45

Thursday, August 13, 2020
At close, the Sensex was down 59.14 points or 0.15% at 38310.49, and the Nifty was down 7.90 points or 0.07% at 11300.50 and settled in red for the second consecutive session in Thursday's volatile trade. ONGC, TCS, Tech Mahindra, SBI, NTPC, UltraTech Cement, Tata Motors and HCL Tech were top gainers. While Bharti Airtel, ITC, Maruti Suzuki, Bajaj-Auto, HDFC and Sun Pharma were the top losers on the Sensex. About 1564 shares have advanced, 1128 shares declined, and 136 shares are unchanged. Nifty PSU Bank index fell over one per cent, while the Nifty Auto index gained 1.22 per cent. Nifty Metal index, up 2 per cent. On the sectoral front, except bank and pharma other indices ended in the green, while BSE Midcap and Smallcap indices rose 1.6 per cent and 0.7 per cent respectively

Closing Bell:Sensex ends flat,Nifty at 11308.40

Wednesday, August 12, 2020
At close, the Sensex was down 37.38 points or 0.10% at 38369.63, and the Nifty was down 14.10 points or 0.12% at 11308.40. State Bank of India (SBI), Maruti Suzuki, M&M, Bharti Airtel and TCS were the top Sensex gainers. While losers were Kotak Mahindra Bank, Cipla, Hindalco Industries, Dr Reddy’s Labs and BPCL.About 1487 shares have advanced, 1207 shares declined, and 140 shares are unchanged. The mixed trend seen on the sectoral front with metal, pharma and FMCG indices ended lower Nifty Metal and Nifty Pharma down 1.54 per cent and 1.32 per cent. The Nifty PSU Bank index rose over 3 per cent. while buying witnessed in the auto and PSU bank stocks.

Manmohan Singh offers three remedies to help to restore the country’s financial health

Monday, August 10, 2020
Former prime minister Manmohan Singh and world-renowned economist has proffered three steps to restore the country’s financial health. Singh, a long-time Congress stalwart who is often credited as the architect of India's economic reforms program, suggested direct cash assistance to protect livelihoods and retain spending power, government-backed credit guarantee schemes to make capital available for businesses, and institutional autonomy to fix the financial sector. "I do not want to use words like 'depression' in a cavalier fashion," said Singh in a conversation with the BBC, adding that a deep and prolonged economic slowdown was inevitable. Read more

What India has been spending during the pandemic

Friday, August 7, 2020
Months of lockdown and KOVID-19 threat have altered the habits of Indian consumers: Their spending patterns reveal just how deeply concerned they are with protecting their health and fortifying their store-cupboards, warding off boredom, and keeping their homes neat and tidy. Consumers around the world are showing an increased interest in safeguarding their health and boosting their immunity. In India, that often means Ayurveda and Companies such as Dabur India Ltd. and The Himalaya Drug Co. are witnessing high demand for traditional products like chyawanprash and proprietary supplements like Septilin. Read more

Closing Bell: Sensex down 25 points, Nifty at 11101.65

Wednesday, August 5, 2020
At close, the Sensex was down 24.58 points or 0.07% at 37663.33, and the Nifty was up 6.40 points or 0.06% at 11101.70. Sensex gainers were Tata Steel, Axis Bank, Maruti Suzuki, Kotak Mahindra Bank and Bajaj Finserv. On the flip side, Power Grid Corporation of India, HDFC Bank, Tech Mahindra, Reliance Industries (RIL), Infosys were among top Sensex losers. About 1611 shares have advanced, 994 shares declined, and 152 shares are unchanged. The nifty Metal index was up over 3 per cent. Nifty Auto and Private Bank indices gained 1 per cent, each. Nifty FMCG index, slipped 0.17 per cent. The midCap index gained 0.92 per cent and the SmallCap index was up 0.8 per cent. Metal, auto, infra and IT sectors ended higher while selling witnessed in the energy and pharma space.

Closing Bell:Sensex down 667 points, Nifty at 10891.60

Monday, August 3, 2020
At close, the Sensex was down 667.29 points or 1.77% at 36939.60, and the Nifty was down 181.90 points or 1.64% at 10891.60 weighed down by Reliance Industries and financial counters. Titan was the top gainer, followed by Tata Steel, HCL Tech, L&T, Tata Motors and State Bank of India. On the other hand, losers include UPL, IndusInd Bank, HDFC Life, Kotak Mahindra Bank and IOC. About 1409 shares have advanced, 1213 shares declined, and 169 shares are unchanged. Among sectors, except metal other indices ended in the red. BSE Midcap Index ended 0.3 per cent lower, while the Smallcap Index gained 1 per cent. Volatility index, India VIX, climbed 3.89 per cent to 25.13 levels, indicating increased volatility in the market.

Closing Bell:Sensex down 129 points, Nifty at 11073.45

Friday, July 31, 2020
At close, the Sensex was down 129.18 points or 0.34% at 37606.89, and the Nifty was down 28.70 points or 0.26% at 11073.50 weighed down by index heavyweights Reliance Industries and the HDFC Bank. Sun Pharma was the top index gainer followed by State Bank of India, M&M, HCL Tech, Axis Bank, ONGC and Tech Mahindra. On the other hand, RIL, HDFC Bank, Kotak Mahindra Bank, Bajaj-Auto, Asian Paints and HDFC were top losers. About 1221 shares have advanced, 1407 shares declined, and 168 shares are unchanged. Nifty Pharma surged over 3.5 per cent. Nifty Financial Services fell 0.61. Pharma, FMCG, IT and metal ended in the green, while selling witnessed in the energy, auto and infra sectors.

HDFC Q1 Results:Net profit down 5 per cent

Thursday, July 30, 2020
Housing Development Finance Corporation on Thursday reported a standalone net profit of Rs 3,051.52 crore for June quarter of FY21, down a 4.7 per cent year-on-year (YoY) down from Rs 3,203.1 crore-profit reported in Q1FY20. The profit numbers beat market estimates as a CNBC-TV18 poll had estimated the number to come at Rs 2,698.8 crore. Consolidated net profit of HDFC was Rs 4,058.53 crore. It improved 14.6 per cent on a yearly basis from Rs 3,540 crore reported in Q1FY20. The company's revenue stood at Rs 13,017.7 crore in Q1FY21 against Rs 12,990.3 crore reported in the corresponding quarter last year.HDFC informed the bourses that it has kept aside Rs 1,199 crore as provisions to deal with the impact of the coronavirus. The net interest income (NII) for the quarter under review jumped 10 per cent year-on-year (YoY) to Rs 3,392 crore, up from Rs 3,079 crore reported in the corresponding quarter of the previous fiscal.CNBC-TV18 poll expected NII to come at Rs 3,419.5. Read more

Closing Bell:Sensex down 335.06, Nifty at 11102.15

Thursday, July 30, 2020
At close, the Sensex was down 335.06 points or 0.88% at 37736.07, and the Nifty was down 100.70 points or 0.90% at 11102.20 mainly due to selling in the financial counters. Sun Pharma was the top gainer, Maruti, Dr Reddys Labs and Infosys. IndusInd Bank was the worst-performing stock, followed by HDFC, BPCL and Axis Bank. About 1033 shares have advanced, 1570 shares declined, and 167 shares are unchanged. All sectoral indices ended with loses, except Nifty IT and Nifty Pharma. while BSE Midcap and Smallcap indices ended marginally lower.

YES Bank hits 10% lower circuit after FPO shares list for trading

Monday, July 27, 2020
Private sector lender Yes Bank’s shares were locked in 10 % lower circuit at Rs 12.30 on the BSE on Monday after the listing of fresh shares allotted in the follow-on public offer (FPO). The stock was trading at Rs 12.30 per share, down from its previous close of Rs 13.65 apiece. 12,504 million equity shares of YES Bank are listed and admitted for trading on the exchange with effect from July 27, 2020. The private sector lender raised Rs 14,272 crore through the FPO, which was subscribed 95 per cent. The issue opened on July 15 and closed two days later.FPO had sailed through only due to the lender's underwriting agreement with SBICap, wherein the latter agreed to underwrite Rs 3,000 crore at a price equal to or the lowest end of the price band. YES BANK stock has consistently been falling since the pricing announcement of the FPO. It has fallen 54 per cent from the level of Rs 26.65 on July 9, 2020. There were pending sell orders of 41,640,911 shares, with no buyers available. Read more

Closing Bell: Sensex falls 194 points, Nifty at 11131.80

Monday, July 27, 2020
At close, the Sensex was down 194.17 points or 0.51% at 37934.73, and the Nifty was down 62.40 points or 0.56% at 11131.80 mainly on selling in financial counters. Asian Paints, HCL Tech, Infosys, TCS and BPCL were the top gainers on Sensex today. ICICI Bank, HDFC Bank, Axis Bank, Zee Entertainment and IndusInd Bank were major losers in the Sensex. About 857 shares have advanced, 1790 shares declined, and 161 shares are unchanged. Among sectors, IT and metal indices ended in the green, while banks, pharma, auto and FMCG remained under pressure. BSE Midcap and Smallcap indices fell 1 per cent each.

Closing Bell:Sensex down 12 points, Nifty at 11194.15

Friday, July 24, 2020
At close, the Sensex was down 39.35 points or 0.10% at 38101.12, and the Nifty was down 21.30 points or 0.19% at 11194.20 with negative bias led by selling in financial, auto, and metal counters. HCL Tech and Reliance Industries were the top Sensex gainers followed by Tech Mahindra, Sun Pharma, and IndusInd Bank. Axis Bank, SBI, Zee Entertainment and ICICI Bank being the worst performers on Sensex. About 1055 shares have advanced, 1557 shares declined, and 140 shares are unchanged. Nifty Pharma was up 1.38%. Nifty Metal was down over 2%, followed by banking and finance indices. Nifty financial services were down 1.55%. Except IT and Energy other sectoral indices ended in the red, while BSE Smallcap and Midcap indices ended lower.

Bajaj Auto Q1 net profit plunges 53 per cent YoY to Rs 528

Wednesday, July 22, 2020
The Pune based two-wheeler major Bajaj Auto on Wednesday reported a standalone net profit of Rs 528 crore for the April-June quarter of FY21 (Q1FY21), down 53 per cent, from a profit of Rs 1,125.67 crore in the year-ago period, dented by lower volumes but the operating performance was ahead of analysts estimates. Sequentially, the profit tumbled 60 per cent from Rs 1,310.29 crore posted in the March quarter of FY20. Revenue from operations fell 60.3 per cent year-on-year to Rs 3,079.24 crore in the quarter ended June 2020, hit by lower sales volumes. Bajaj Auto said it sold 4,43,103 units during the first quarter against 12,47,174 units in the year-ago period. On a consolidated basis, the net profit was Rs 395.5 crore, down from Rs 1,012.16 crore clocked in Q1FY20. The company’s EBITDA (earnings before interest, tax, depreciation and amortisation) came to Rs 441 crore in the June quarter, while margin came in at 14.3 per cent. Read more

Closing Bell:Sensex dips 59 points, Nifty at 11132.60

Wednesday, July 22, 2020
At Close, Sensex ended 58.81 points or 0.16 per cent at 37871.52, and the Nifty shed18.60 points or 0.17 per cent at 11143.70. Axis Bank was the top gainer on Sensex followed by Titan and Power Grid. HUL was the top loser followed by Tata Steel, Hero MotoCorp and BPCL About 1164 shares have advanced, 1448 shares declined, and 147 shares are unchanged. Except for Nifty Bank, Nifty Pharma, Nifty Media, and Nifty Private Bank, all sectoral indices , auto, IT and PSU banks dragged the most and ended in the red.

Closing Bell: Sensex drops 660 points, Nifty at 10607.35

Tuesday, July 14, 2020
At close, the Sensex was down 660.63 points or 1.80% at 36033.06, and the Nifty was down 195.30 points or 1.81% at 10607.40. IndusInd Bank, Axis Bank, Maruti Suzuki, State Bank of India (SBI), HDFC, Bajaj Finserv and ICICI Bank were major losers. While Bharti Airtel, Dr Reddy's Labs and Titan Company were major gainers. About 820 shares have advanced, 1829 shares declined, and 116 shares are unchanged. Nifty Bank index plunged 3.5 per cent, Nifty PSU Bank down 3.53 per cent and Nifty Private Bank index fell 3.68 per cent. Nifty Pharma was the only index that ended in the green-up 0.48 per cent, rest all the sectoral indices settled in the red.BSE Midcap and Smallcap indices ended 1 per cent lower. The volatility index, India VIX rose 5.73 per cent to 26.70 levels

Government-gauranteed $40 billion loans is too little and may not be enough to save the pandemic hit companies

Friday, July 10, 2020
After months of lockdown, India reopened for business in June but for thousands of small entrepreneurs, the blow has been devastating. Businesses from textiles to sports goods and furniture are shuttered or working at a bare minimum. Govt's programme to help small businesses back on their feet through $40 billion of government-guaranteed loans is too little and may not be enough to save the many companies that form the backbone of India's economy, nearly three dozen entrepreneurs Reuters spoke to across the country said. Some said their business was so hamstrung by the pandemic that taking on new debt made little sense. They would rather the government had helped them by cutting the goods and service tax or waive off the interest on loans. Read more

Closing Bell:Sensex slips 143 points, Nifty at 10768.05

Friday, July 10, 2020
At close, the Sensex was down 143.36 points or 0.39% at 36594.33, and the Nifty was down 45.50 points or 0.42% at 10768 amid weak global cues. Sun Pharma was the top gainer on Sensex followed by HUL, Bharti Airtel,Reliance Industries and Bajaj Finance. On the other end, Tech Mahindra was the top loser followed by Tata Steel, HDFC, Titan Company and IndusInd Bank. About 989 shares have advanced, 1646 shares declined, and 159 shares are unchanged. Nifty Pharma, Nifty Realty, and Nifty FMCG were the top sectoral gainers. Nifty PSU Bank index fell 2.67% while the Nifty Private Bank index was down 2.3%. Bank, metal and auto remained under pressure.

Closing Bell:Sensex down 345.51 points, Nifty at 10705.75

Wednesday, July 8, 2020
At Close, Sensex was down 345.51 points or 0.94 per cent at 36329.01, and the Nifty shed 93.90 points or 0.87 per cent at 10705.75. IndusInd Bank was the biggest gainer in Sensex followed by State Bank of India, Tata Steel and Hindustan Unilever. Infosys, HCL Tech, Maruti, Bajaj Finance, and NTPC were major losers in Sensex pack. About 1225 shares have advanced, 1492 shares declined, and 159 shares are unchanged. Nifty PSU Bank index was up 3.11% and Nifty Pharma index, up 1.11%. Nifty IT, Nifty Auto, Nifty media were in the red.

Closing Bell: Sensex ends flat down 45.72 points, Nifty at 10302.10

Tuesday, June 30, 2020
At close, the Sensex was down 45.72 points or 0.13% at 34915.80, and the Nifty was down 10.30 points or 0.10% at 10302.10 on a flat note with negative bias. Top Sensex gainers were Nestle India, Tata Steel, ICICI Bank, Maruti Suzuki, Britannia Industries, HDFC and Tech Mahindra. On the other hand, Sun Pharma, Power Grid Corporation of India, HDFC Bank, ONGC, UPL and RIL were the top losers on Sensex. About 1259 shares have advanced, 1452 shares declined, and 137 shares are unchanged. Nifty PSU Bank index declined by nearly 2 per cent. The nifty Auto index was top sectoral gainer, up 1.10 per cent. Nifty Financial Services, Nifty FMCG, Nifty Bank and Nifty Private Bank closed into the green. BSE Midcap and Smallcap indices ended lower

Closing Stock:Sensex down 210 points, Nifty at 10312.40

Monday, June 29, 2020
At close, the Sensex was down 209.75 points or 0.60% at 34961.52, and the Nifty was down 70.60 points or 0.68% at 10312.40 amid weak global cues and rising COVID-19 cases. Axis Bank, Bajaj Finance, Tech Mahindra, IndusInd Bank, Bajaj Finserv, Tata Steel, Coal India and L&T were the major losers in the Sensex pack, While gainers include Hindustan Unilever (HUL), Nestle India, ITC, HDFC Bank and Sun Pharma were major gainers. About 1135 shares have advanced, 1597 shares declined, and 136 shares are unchanged. Except for FMCG other indices ended in the red. Nifty PSU Bank slumped 3.31 per cent, Nifty Realty fell 3.55 per cent while the Nifty Metal index was down 2.64 per cent. Nifty FMCG index gained 0.72 per cent.BSE Midcap and Smallcap indices lost over 1 per cent each.

Closing Bell: Sensex was down 26.88 points, Nifty at 10288.90

Thursday, June 25, 2020
At close, the Sensex was down 26.88 points or 0.08% at 34842.10, and the Nifty was down 16.40 points or 0.16% at 10288.90. ITC and Bajaj Finance were the top Sensex gainers, followed by Kotak Mahindra Bank, Hero MotoCorp and HUL. While losers were Asian Paints, Hindalco Industries, IOC, Adani Ports and Shree Cements. About 1477 shares have advanced, 1130 shares declined, and 158 shares are unchanged. Nifty FMCG gained 1.9% followed by Nifty Pharma and Nifty Bank. Nifty IT and Nifty Realty were down over 1% each. While BSE Midcap and Smallcap indices ended higher.

Closing Bell: Sensex down 561 points, Nifty at 10305.30

Wednesday, June 24, 2020
At Close, Sensex is down 561.45 points or 1.58% at 34868.98, and the Nifty down 165.70 points or 1.58% at 10305.30. Asian Paints, ITC, Nestle India, Reliance Industries, Bank of Baroda and TCS were the major gainers in the Sensex pack. IndusInd Bank, ICICI Bank, Power Grid Corporation of India, NTPC and Bharti Airtel were the losers. About 1245 shares have advanced, 1429 shares declined, and 134 shares are unchanged. Nifty Private Bank index was down 2.18 per cent and the Nifty Pharma index slipped 1.55 per cent. While FMCG index was up over half a per cent.BSE midcap and smallcap indices shed a per cent each at the close.

Gold prices surged to a record high

Tuesday, June 23, 2020
Gold prices surged to a record high in India today( 22nd June 2020), as safe-haven bets remained in vogue in light of the coronavirus pandemic that has led to an economic slowdown across the globe. The escalated geopolitical tensions between India and China also drove the recent leg of the rally for the yellow metal in the domestic market. Analysts believe the rally for gold is here to stay and foresee a firm trend in the near term. Read more

Closing Bell: Sensex down 97 points, Nifty at 9881.15

Wednesday, June 17, 2020
At close, the Sensex was down 97.30 points or 0.29% at 33507.92, and the Nifty was down 32.85 points or 0.33% at 9881.15 amid geopolitical tensions and rise in Covid-19 cases. Bharti Airtel, Maruti Suzuki, Wipro, Axis Bank and IndusInd Bank were major gainers in the Sensex pack, while losers include Bharti Infratel, Power Grid, Kotak Mahindra Bank, ITC and Shree Cements. About 1409 shares have advanced, 1116 shares declined, and 152 shares are unchanged. The Nifty Auto index was up nearly 1 per cent. The Nifty Financial Services index, down 0.7 per cent. Except, Nifty FMCG, and Nifty IT, all the sectoral indices were trading in green. The S&P BSE MidCap and SmallCap indexes were up 0.8 per cent and 1 per cent, respectively.

Tata Motors slips nearly 7% after reporting a weak number in March quarter

Tuesday, June 16, 2020
Shares of Tata Motors slipped nearly 7 per cent to Rs 92 on the BSE after posting a consolidated net loss of Rs 9,863.73 crore in the fourth quarter ended March 31 (Q4FY20). Analysts had projected a net loss of Rs 1,300 crore. The consolidated profit for the March quarter FY19 was at Rs 1,117.5 crore and Rs 1,738.3 crore in Q3 FY20. Revenue from operations dropped 27.7 per cent to Rs 62,492.96 crore during the quarter, as standalone business fell 48 per cent to Rs 9,733 crore during the quarter YoY. For the full financial year 2019-20, Tata Motors reported a consolidated net loss of Rs 11,975.23 crore and total revenue from operations stood at Rs 2,61,067.97 crore. Hit by pandemic, company’s flagship subsidiary, Jaguar Land Rover (JLR) suffered a loss of £501 million in the March quarter and £422 million for the full year on revenues of £5.4 billion and £23 billion, respectively.

Closing Bell:Sensex down 552 points, Nifty at 9813.70

Monday, June 15, 2020
At close, the Sensex was down 552.09 points or 1.63% at 33228.80, and the Nifty was down 159.20 points or 1.60% at 9813.70.IndusInd Bank, ICICI Bank, Axis Bank, Tata Motors, Bajaj Finance and NTPC were major losers, while Reliance Industries, Sun Pharma, Nestle India, GAIL, Wipro, HCL Technologies were major gainers. About 1308 shares have advanced, 1223 shares declined, and 170 shares are unchanged. Nifty Media gained 1.16%. Except for pharma and PSU Bank index, other indices ended in the red. BSE Midcap index fell 1 per cent.

M&M Q4 results: Reports Rs 3,255 crore loss

Friday, June 12, 2020
Mahindra & Mahindra on Friday posted a consolidated net loss of Rs 3,255 crore for the quarter ended March 31. It had reported a net profit of Rs 969 crore in the corresponding quarter last year. The company's revenue also declined 35 per cent on a year-on-year (YoY) basis to Rs 9,004.72 crore from Rs 13,807.88 crore reported in the corresponding quarter last year. The Board has recommended a dividend of Rs 2.35 per share of face value Rs 5. The sales were affected due to the lower industry volumes in both automotive and tractor segments due to lockdown due to the COVID-19 situation. Mahindra & Mahindra reported a standalone loss of ₹2,510 crores for Q4FY20 on account of booking impairment provision for certain long-term investment to the tune of ₹2,780 crores during the period. M&M’s standalone net profit was at ₹841 crores in the year-ago period. Read more

Closing Bell:Sensex down over 700 points, Nifty at 9902.00

Thursday, June 11, 2020
At close, the Sensex was down 708.68 points or 2.07% at 33538.37, and the Nifty was down 214.20 points or 2.12% at 9902. State Bank of India was the top Sensex loser followed by Sun Pharmaceuticals, Maruti Suzuki, Bajaj Finance, ICICI Bank, Tata Steel, Bharti Infratel, Zee Entertainment and Axis Bank. IndusInd Bank, Hero MotoCorp, Power Grid, M&M and Nestle India were the top Sensex gainers. About 1016 shares have advanced, 1497 shares declined, and 146 shares are unchanged. All the indices on the NSE ended in the red with Nifty PSU Bank index plunged 3.76 per cent. Nifty Metal index down 2.78 per cent.BSE Midcap and Smallcap indices shed over 1 per cent each.

PVR, Inox Leisure share prices plunge up to 11% after reporting Q4 loss

Tuesday, June 9, 2020
Shares of entertainment exhibition companies PVR and Inox Leisure declined up to 11 per cent on the BSE on Tuesday after reporting weak earnings for the quarter ended March 2020 (Q4FY20), impacted by the outbreak of Covid-19 in the last month of the quarter.PVR share price slipped up to 8 per cent to touch the day’s low of Rs 1,064 apiece on BSE, while Inox Leisure share price fell 11 per cent to Rs 248 a piece in today’s session. PVR reported a consolidated net loss of Rs 74.61 crore for the fourth quarter ended March 31The company had posted a net profit of Rs 46.75 crore in the January-March quarter a year ago. Consolidated revenues were down 22 per cent YoY at Rs 662 crore as compared to Rs 846 crore during the corresponding period of last year.PVR expenses were at Rs 731.84 crore in the fourth as against Rs 771.27 crore a year ago. The board of directors of PVR has approved the fundraising of up to Rs 300 crore through a rights issue. Read more

Closing Bell:Sensex down 413 points and Nifty at 10046.65

Tuesday, June 9, 2020
At close, the Sensex was down 413.89 points or 1.20% at 33956.69, and the Nifty was down 120.80 points or 1.19% at 10046.70. Sun Pharma was the top Sensex gainer followed by Asian Paints, Tech Mahindra, IndusInd Bank, Tata Steel, Hero MotoCorp, Dr Reddys Labs and TCS. Reliance Industries (RIL), State Bank of India (SBI), Wipro, BPCL, Tata Motors, GAIL and HDFC Bank were top losers. About 1104 shares have advanced, 1432 shares declined, and 162 shares are unchanged. Nifty Pharma index gained 1.35 per cent. Nifty FMCG was up half a per cent. Nifty PSU Bank and Nifty Auto down1.56 per cent and 0.76 per cent, respectively.BSE Midcap and Smallcap indices fell 0.3-1 per cent.

Closing Bell:Sensex down 128 points, Nifty at 10029.10

Thursday, June 4, 2020
At close, the Sensex was down 128.84 points or 0.38% at 33,980.70, while Nifty was down 32.40 points or 0.32% at 10,029.10. Tech Mahindra, Sun Pharma, Bharti Airtel, HCL Tech, Vedanta and Reliance Industries were major gainers in the Sensex pack, while losers are Asian Paints, Bajaj Finance, HDFC, IndusInd Bank, Axis Bank and Kotak Mahindra Bank. About 1287 shares have advanced, 1132 shares declined, and 156 shares are unchanged. Nifty Bank index slipped over 2.5 per cent. Other indices ended in the green. BSE Midcap and Smallcap indices ended flat.

Five states leading Indian economy to recovery

Tuesday, June 2, 2020
Five Indian states contributing nearly 27% of the country’s gross domestic product are leading a recovery in the economy as it slowly emerges from the world’s biggest lockdown, a study shows. Kerala, Punjab, Tamil Nadu, Haryana, and Karnataka have seen a pickup in activity, based on an analysis of indicators such as power consumption, traffic movement, the arrival of farm products at wholesale markets and Google mobility data, etc. Some of the most industrialized states such as Maharashtra and Gujarat were trailing because of tough measures still in place to contain the Covid-19 pandemic, the study showed. India will begin a phased lifting of the nationwide lockdown from June 8, allowing shopping malls, restaurants, and places of worship to reopen in areas where virus infections are under control. Read more

Lockdown in wealthy nations jolts money flows to millions

Monday, June 1, 2020
Lockdowns imposed by wealthy nations to slow the spread of the novel coronavirus, and the jolt those restrictions have delivered to their economies, are severing a vital lifeline for many often vulnerable people around the world: the billions of dollars in remittances sent home by relatives working abroad. Roughly one in nine of the global population receives remittances, or about 800 million people, according to the United Nations. Early data show severe drops have already taken place. The World Bank has said it expects global remittances to low- and middle-income nations to fall by $109 billion, or almost a fifth, in 2020 to $445 billion. The bank projects the pandemic will cut into the wages and employment of migrant workers, who tend to be the most vulnerable when there is an economic downturn in host countries. Read more

Lockdown Aftermath: Govt may need to pump Rs 1.5 trn into state banks

Thursday, May 28, 2020
India may need to inject up to Rs 1.5 trillion ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government and banking sources told Reuters. The government initially considered a budget of around Rs 250 billion for bank recapitalisations but that has risen significantly with loan defaults likely to rise as businesses take a severe hit from nationwide lockdowns to tackle the coronavirus. "The situation is very grim," sources said, adding that banks would require fresh funds soon. Indian banks were already saddled with Rs 9.35 trillion of non-performing assets at the end of September 2019 or roughly 9.1% of their total assets at the time. One source said it was unlikely the central government would be able to fund the entire capital injection itself and may rely on indirect measures such as issuing bonds as a means of recapitalisation, a method which it has used previously.

Closing Bell:Sensex down 63 points, Nifty at 9029.05

Tuesday, May 26, 2020
At close, the Sensex was down 63.29 points or 0.21% at 30609.30, and the Nifty was down 10.20 points or 0.11% at 9029.05. Bharti Airtel was the top Sensex loser followed by TCS, Bajaj Finance, Sun Pharma and Hero MotoCorp. Titan was the top Sensex gainer followed by UltraTech Cement, Eicher Motors, JSW Steel, IndusInd Bank, Nestle India and ITC. About 1211 shares have advanced, 1109 shares declined, and 175 shares are unchanged. Nifty IT index dropped nearly 2 per cent. The nifty Metal index gained 2.68 per cent. IT and pharma witnessed selling pressure.BSE Midcap and Smallcap indices ended with a gain of 0.6-1.2 per cent.

Closing Bell:Sensex down 260 points, Nifty at 9039.25

Friday, May 22, 2020
At Close, Sensex falls 260 points, or 0.84 per cent, lower at 30,672.59 while Nifty finished with a loss of 67 points, or 0.74 per cent, at 9,039.25 after the Reserve Bank of India (RBI) decided to cut the policy rate by 40 basis points from 4.4 per cent to 4 per cent to trim the impact of coronavirus on the economy. Infosys was the top Sensex gainer, followed by Asian paints, UltraTech Cement, Tech Mahindra and Maruti Suzuki were among other gainers on the index. Axis Bank was the top Sensex loser followed by HDFC, Bajaj Finance, ICICI Bank and Bajaj-Auto. BSE Midcap and Smallcap indices closed 0.83 per cent and 0.23 per cent down, respectively. Nifty Bank today tumbled nearly over 2.5 per cent. Most of the sectoral indices ended lower.

Order on compulsory wage payment by firms during lockdown withdrawn

Monday, May 18, 2020
The Union government has withdrawn its order directing employers to pay wages to workers, even with units remaining shut during the lockdown on 17th MAy 2020. The Ministry of Home Affairs (MHA) had issued a fresh set of guidelines which will be applicable from 18yh May. It has repealed the order dated March 29, 2020, which had talked about compulsory wage payment to workers during the lockdown. “Save as otherwise provided in the guidelines annexed to this order, all order issued by the NEC [national executive committee] under Section 10(2)(I) of the Disaster Management (DM) Act, 2005, shall cease to have effect from 18.05.2020.” Read more

IndiGo, SpiceJet shares fall on no relief package,lockdown extension

Monday, May 18, 2020
Aviation stocks Indigo and SpiceJet tanked as much as 11 per cent on the BSE on Monday after the government's Rs 20 trillion economic packages disappointed to deliver immediate liquidity support to the bleeding airlines and another extension of the lockdown. The share price of SpiceJet fell 5% to trade at Rs 43.45 per share while that of IndiGo tanked 11.3% to trade at Rs 882 apiece. The aviation industry has been one of the worst affected with the business under a complete shut down at present. Finance Minister Nirmala Sitharaman announced three measures for the sector, on Saturday, India would rationalise its air space for civil aviation purposes which, at present, is capped at 60 per cent. Besides, she said six airports will be privatised, private companies will make an additional investment of Rs 12,000 crore on 12 airports auctioned before, and tax structure will be rationalised for the Maintenance, Repair and Overhaul (MRO) industry. Read more

Closing Bell:Sensex falls over 1,000 pts, Nifty at 8823.25

Monday, May 18, 2020
At close, the Sensex was down 1,068.75 points or 3.44% at 30028.98, while Nifty was down 313.60 points or 3.43% at 8823.25 on lockdown extension. ICICI Bank and IndusInd Bank were top Sensex losers, followed by Axis Bank, Maruti Suzuki, Bajaj Finance and HDFC Bank. While Infosys, TCS, HCL Tech and ITC were the only gainers on the index. About 580 shares have advanced, 1702 shares declined, and 159 shares are unchanged. Except, Nifty IT, all the sectoral indices were traded in the red. Nifty Bank index slipped 1,272 points or 6.75 per cent followed by the auto, metal and Infra. BSE Midcap and Smallcap indices fell between 3-4 per cent.

NDMA extends the lockdown beyond Sunday till 31st May

Monday, May 18, 2020
The Union home ministry issued nine-page guidelines listing the dos and don'ts during the lockdown 4.0 that has been clamped in the country to cut the chain of coronavirus infection. Prohibition on all public gatherings, closure of schools, malls and restaurants, and suspension of flight and Metro services will remain in force till May 31 as the government on 17th May (Sunday) extended the ongoing countrywide lockdown to combat the Covid-19 spread. All domestic, international air travel of passengers, except domestic air ambulance, will remain prohibited. Metro rail services, schools, colleges will remain closed till May-end, the guidelines issued by the Ministry of Home Affairs (MHA) said. Read more

Biocon Q4 results: Profit down 42%

Friday, May 15, 2020
Shares of Biocon Limited dropped 9% to Rs 320 on the BSE on Friday after the biotechnology major's net profit declined 42.2 per cent year-on-year (YoY) to Rs 123 crore in the fourth quarter of FY20 (Q4FY20), down from Rs 214 crore at the end of the December quarter. Consolidated net profit for the fiscal year ended March this year stood at Rs 748 crore down from Rs 905 crore a year ago. Biocon’s consolidated revenue for the same period grew 6% to Rs 1,644 crore. The scrip was trading at a price of Rs 359 per share last Friday and it hit an intraday low of Rs 320 this Friday due to disappointing Q4 result. The firm's profit before tax (PBT) declined 28.2 per cent to Rs 204 crore during the quarter when compared with the corresponding quarter of the previous financial year. The Bengaluru-headquartered company said its biologics business has taken a beating due to one-time Covid-19 related impact during the quarter. Read more

Closing Bell: Sensex down 885 points, Nifty at 9142.75

Thursday, May 14, 2020
At close, the Sensex was down 885.72 points or 2.77% at 31122.89, and the Nifty was down 240.80 points or 2.57% at 9142.75 on the back of profit booking amid weak global cues.HDFC, IndusInd Bank, RIL, Tech Mahindra and Power Grid were among other losers on the pack. On the flip side, Hero MotoCorp, Larson & Toubro (LT), Maruti Suzuki. HUL, Zee Entertainment and Sun Pharma were among the top Sensex gainers today. About 968 shares have advanced, 1324 shares declined, and 153 shares are unchanged. Except, Nifty FMCG and Nifty Pharma, all the sectoral indices traded in the red.BSE Midcap and Smallcap indices down 0.3-0.7 per cent. Nifty Bank index dropped 566 points.

Maruti Suzuki Q4 profit falls 28% to Rs 1,292 crore

Wednesday, May 13, 2020
The country's largest car manufacturer, Maruti Suzuki reported its March quarter profit of Rs 1,291.7 crore, down by 28.1 per cent YoY due to lower sales during the lockdown, while the company had reported a profit of Rs 1,795.6 crore for March quarter previous year. Revenue dipped 15.2 per cent to Rs 18,207.7 crore. The company had posted revenue of Rs 21,473.1 crore. The sharp fall in tax cost limited the profit decline."Profit was lower on account of lower sales volume, higher sales promotion expenses, partially offset by lower operating expenses, cost reduction efforts and reduction in the corporate tax rate," said the company in its BSE filing. Maruti sold a total of 385,025 vehicles,the company's domestic volumes in Q4 fell by 16 percent YoY and exports fell 17 per cent compared to same period last year, especially after nationwide lockdown in last 10 days of March and amid slowdown in overall sector.

Closing Bell: Sensex down 190 points, Nifty at 9196.55

Tuesday, May 12, 2020
At close, the Sensex was down 190.10 points or 0.60% at 31371.12, and the Nifty was down 42.65 points or 0.46% at 9196.55. After declining 2 per cent in the early trade, benchmark indices witnessed a sharp recovery in the last hour of the session with Nifty just below 9,200 level..RIL was the top Sensex loser followed by Asian Paints, Kotak Mahindra Bank and HUL. NTPC, Bharti Airtel, ITC, Power Grid, Vedanta were among other gainers on the index. About 889 shares have advanced, 1351 shares declined, and 172 shares are unchanged. Auto, IT, metal and FMCG sectors traded in green while bank, energy, infra and pharma ended lower. BSE Smallcap and Midcap indices finished 0.5-0.7 per cent lower.

Closing Bell:Sensex down 81 points, Nifty at 9239.20

Monday, May 11, 2020
At close, the Sensex was down 81.48 points or 0.26% at 31561.22, while Nifty was down 12.30 points or 0.13% at 9239.20 due to profit-booking.IRCTC, Reliance Industries, IndusInd Bank and Maruti Suzuki, Hero MotoCorp, Tata Motors, Bajaj Auto and Bharti Infratel were major gainers in today's Sensex pack while losers were ICICI Bank, Dr Reddy’s Labs, BPCL, Kotak Mahindra Bank and HUL. About 1084 shares have advanced, 1280 shares declined, and 186 shares are unchanged. The nifty auto index rose over 4 per cent.

Eastern states can leverage Covid lockdown into an opportunity

Sunday, May 10, 2020
Every entrepreneurial decision is made on a cost-benefit analysis and there is always a point from where a business strategy that appeared impractical and risky begins to look appealing. The disruption caused by the coronavirus pandemic could be one such point, for the states like Orissa, Bihar, Jharkhand etc.provided these states that supply much of the migrant labour to industries in states like Tamil Nadu, Andhra Pradesh, and Karnataka have the foresight and political will to reform their industrial environment. It is evident from many accounts that many migrant workers who have fled to their home states will not return. Read more

Aftermath of lockdown: companies now set to face labour problem

Tuesday, May 5, 2020
Entrepreneurs and exporters are struggling to crank up operations just when the government has relaxed stern restrictions because labourers have imposed a virtual lockdown by returning home in droves. Apart from labourers anxious to return home after over a month of rough, jobless existence, businesses are also being squeezed by problems of logistics and transportation and financial hardships owing to the lockdown. Industry leaders said April-June quarter would be a washout even for the high and mighty but would be catastrophic for SMEs. Read more

Paycuts,lay-offs and dismissals-Lockdown aftermath

Saturday, April 25, 2020
Despondency is taking hold of employees at startups in India that are shrinking operations amid the Covid-19 lockdown putting jobs on the line. Over the past four weeks, at least two dozen top companies have fired employees and contract staff according to sources. Some others have cut salaries, according to some data available. The salary cuts range from 15% to as much as 50-70%. Some have put a few of their employees on the bench. The government has been consistently urging companies to refrain from layoffs and pay cuts as they cope with economic distress. A common thread at all firms is a high level of anxiety, fear of the unknown, and pressure to outperform in a suboptimal market.

Lockdown exit plan in India will seek to sustain gains

Friday, April 24, 2020
In India, the three-week lockdown imposed on March 25 was extended to May 3 to control the coronavirus outbreak. Now Indian govt. is working on a careful strategy to lift the lockdown without losing the gains that have been achieved through the stringent nationwide shutdown, said a senior government official. The Centre is monitoring various challenges related to the resumption of economic activities on a day-to-day and case-to-case basis, a senior govt. official said. One key obstacle is economic hubs being located in red zones, where the disease needs to be curbed. The Centre has been keeping a close watch on state and district-level administrations and trying to assist them as well as helping businesses to resume operations. The infection numbers are better than initial projections, he said. “The graph is not very alarming on the health side. India is in a much better position than what was predicted by our health authorities,” the official said.

Small-caps outperform Sensex, mid-caps during one month Lockdown period

Thursday, April 23, 2020
Small-caps have outrun the mid-and-large caps in the last one month that the country has been under lockdown, triggered by the COVID-19 pandemic. The outperformance of the small-cap segment versus these two market segments also holds good from the lows the markets hit on March 24. The S&P BSE Small-cap index has recovered 26 percent as compared to a 23 percent rise in the S&P BSE Sensex and broader market index S&P BSE Midcap index from their respective 52-week low touched on March 24. Read more

Fallout of lockdown extension: India's economy may see first contraction in 40 years

Thursday, April 16, 2020
It looks like the Indian economy may be heading for its first full-year contraction in more than four decades after the government extended the lockdown to contain the coronavirus. The lengthening of the mandatory stay-at-home period to 40 days from 21 days will result in a direct output loss of more than 8 percent over that time, according to experts. Decline in GDP for the year to March 2021 of 0.4 percent and 0.1 percent, respectively is predicted by the expert. The economy had last contracted in 1980 when GDP shrank 5.2 percent.

Dealing with Covid-19 after the lockdown

Monday, March 30, 2020
The government needed to take "extraordinary" and "unprecedented" measures like a nationwide lockdown for three weeks to prevent the spread of the coronavirus, said Prime Minister Narendra Modi on 30th March (Monday). The government denied a community outbreak of the disease. “It took 12 days for cases to rise from 100 to 1,000 in our country, whereas seven other developed nations having lesser population than us have seen multiple increases,” said Lav Agarwal, joint secretary in the health ministry, at a press conference in Delhi. The government made the statements as India’s cumulative coronavirus infections have breached the 1,000 mark. The country is entering a crucial phase in this outbreak, with the number of daily cases also growing in triple digits for the last three days. Read more

SEBI crackdown on excessive volatility by imposing restrictions

Monday, March 23, 2020
The SEBI has decided to crack down on excessive volatility by imposing several measures, which will impact traders as well as institutional investors. In particular, speculators in stock futures will have to cut down exposures as the market-wide position limit (MWPL) has been reduced to 50 percent in phases, from the existing 95 percent, for specific F&O stocks. Margins have also been hiked in the cash segment for both F&O and non F&O stocks, while institutions will have to restrict their F&O positions in the index derivatives segment to stay within a new criteria of cash and cash equivalents on the long side and value of stock holdings on the short side. This measure will also impact volume in specific F&O counters where offsetting will be required, we may actually see a situation where prices swing more on lower volumes, due to reduction of the liquidity. Read more