Tag: global equities

The BSE Sensex declined 383 points, or 0.66 percent, to 57,900 levels in early deals, dragged by Bajaj Finance, HDFC, IndusInd Bank, Infosys, and Kotak Bank in today's (14th Dec.2021) early deals in the background of WHO's grim statement on the 'Omicron' coronavirus variant, coupled with a downward revision of growth forecast by the Asian Development Bank (ADB). The NSE Nifty, on the other hand, gave up 17,300-mark and was down 97 points. In the broader markets, the BSE MidCap and SmallCap indices dipped up to 0.5 percent. Among individual stocks, shares of Shriram Transport Finance dropped over 3 percent after the Group announced a restructuring plan. As part of the plan, the Shriram Group, Shriram Capital, and Shriram City Union Finance will merge with Shriram Transport Finance Company. Those of Greenlam, on the contrary, were up 6 percent as the company plans to invest Rs 950 crore in 2-3 years as part of its Capex plan. Read more

On Dalal street Bulls reigned in early deals this Monday (13th December 2021), mainly due to firm global equities and bargain buying in metal and PSU bank stocks. The S&P BSE Sensex zoomed 326 points, or 0.52 percent, to quote at 59,113 levels. The Nifty50, meanwhile, rallied above the 17,600-mark, up 100 points. This was Nifty's highest level since November 21. Barring Bajaj Finance, all other Sensex stocks were trading with a bullish bias. Power Grid (up 3 percent), Axis Bank, NTPC, ICICI Bank, Sun Pharma, and Asian Paints were the outperforming stocks on the index. In the broader markets, the BSE MidCap and SmallCap indices added 0.66 percent and 0.94 percent, respectively. Individually, shares of PB Fintech (Policybazaar) were down 2 percent as its anchor lock-in period ended today. Read more

Indian indices started higher today(27th July 2021), tracking a solid sentiment in global equities. The benchmark S&P BSE Sensex climbed 153 points, or 0.29 percent, to trade at 53,006 levels while the broader Nifty50 was at 15,861, up 36 points. Broader markets outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.4 percent and 0.8 percent, respectively. Sectorally, all the indices were in the green, led by the Nifty Metal index, up 1 percent. Globally, Japan’s Topix index added 0.6 percent, Australia’s S&P/ASX 200 index rose 0.4 percent, South Korea’s Kospi index increased 0.8 percent, and Hong Kong’s Hang Seng and China’s Shanghai Composite indices added 0.2 percent each. About 60 companies, including IndiGo, IndusInd Bank, DRL are slated to post their quarterly numbers today.