Tag: global sentiments

MARKET UPDATE: Sensex advanced over 200 points to reclaim 60,000-mark, whereas Nifty50 climbed over 50 points to trade above 17,650 levels

Tuesday, April 11, 2023
Opening Bell: Indian markets opened on a firm note in today's(11 April 2023) trade, amidst improved global sentiments. Key indices Nifty50 climbed over 50 points to trade above 17,650 levels, whereas the S&P BSE Sensex advanced over 200 points to reclaim the 60,000 mark. Broader markets, too, were upbeat in the trade as Nifty Midcap 100 and Nifty Smallcap 100 indices surged up to 0.4 percent. The volatility index, India VIX, meanwhile, slipped over 1 percent. Sectorally barring the Nifty IT index, which lost marginally in trade, all other sectors swimming in a sea of green. The Nifty PSU Bank index led the charge as it gained over 1 percent. Among individual stocks, shares of Shilpa Medicare soared over 8 percent after the USFDA gave a nod to its ANDA, Apremilast tablets. In addition shares of Nagarjuna Fertilisers rallied over 4 percent after the company restarted its urea production in Plant - II in Andhra Pradesh.

MARKET UPDATE: Sensex dropped over 250 points to trade around 61,048 levels while the Nifty50 declined over 50 points to trade below 18,000 levels

Friday, February 17, 2023
Opening Bell: Indian markets opened lower in today's(17 February 2023) trade, as global sentiments turned negative on rate hike concerns. Key indices Nifty50 declined over 50 points to trade below 18,000 levels, whereas the S&P BSE Sensex dropped over 250 points to sell around 61,048 levels. Broader markets, too, fell in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices slipped up to 0.4 percent. Volatility gauge, India VIX, meanwhile, rose 1 percent. Read more

MARKET UPDATE: Sensex gained over 350 points to trade around 61,660 level while the Nifty50 advanced over 50 points to trade above 18,100 levels

Thursday, February 16, 2023
Indian equity markets edged higher in today's ( 16 February 2023) intra-day trade, amid strong global sentiments. Key indices Nifty50 advanced over 50 points to trade above 18,100 levels, whereas the S&P BSE Sensex gained over 350 points to trade around 61,660 levels. Broader markets rose in tune as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.6 percent. Read more

MARKET UPDATE: Sensex jumped over 450 points to trade at 57,149 levels, while Nifty50 climbed over 150 points to trade above 17,000 levels

Thursday, September 29, 2022
Opening Bell: Indian equity markets snapped the six-day losing streak in today's(29 September 2022) trade on the back of revived global sentiments. Key indices Nifty50 climbed over 150 points to trade above 17,000 levels and the S&P BSE Sensex jumped over 450 points to trade at 57,149 levels. Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged over 1 percent each. All sectors were in positive territory due to bullish sentiments. Nifty Media, Nifty Metal, and Nifty PSU Bank advanced in the range of 1 percent to 2 percent. While Tata Steel, IndusInd Bank, SBI, ITC, and Axis Bank, helped benchmark indices gain in trade; Asian Paints, Power Grid, TCS, and Nestle India, weighed on the indices.

MARKET UPDATE:Sensex declined over 800 points to trade at 58,734 levels and the Nifty50 opened over 200 points lower to trade below 17,550 levels

Thursday, September 1, 2022
Opening Bell: Bears pulled markets lower today( 1 September 2022) amid weak global sentiments. Frontline indices Nifty50 opened over 200 points lower to trade below 17,550 levels, while the S&P BSE Sensex declined over 800 points to trade at 58,734 levels. Broader markets, too, declined in tandem as Nifty Smallcap 100 and Nifty Midcap 100 slipped up to 0.5 percent. Sectorwise, barring Nifty Realty, all sectoral indices dropped into negative territory. Nifty IT and Nifty Bank faced the worst brunt as both indices dropped over 1 percent each.

MARKET UPDATE:Sensex at 58,822 levels and the Nifty50 rose 18 points to trade above 17,500 levels

Wednesday, August 10, 2022
Opening Bell: The Indian markets opened flat in today's(10 August 2022) trade on the BSE amid weak global cues. Frontline indices Nifty50 rose 18 points to trade above 17,500 levels, whereas the S&P BSE Sensex was at 58,822 levels. Broader markets, however, were positive in the trade as Nifty Midcap 100 and Nifty Small Cap 100 gained up to 0.2 percent. Nestle India, Sun Pharma, ICICI Bank, Power Grid, and Bharti Airtel were the top contributors to benchmark indices. Sectorally, Nifty led Auto and Nifty FMCG indices led the charge. Nifty IT and Nifty Realty, however, were bogged down in trade. Read more

MARKET UPDATE:Sensex shed 100 points at 58,299 levels and the Nifty50 was down 30 points to trade below 17,400 mark

Monday, August 8, 2022
Opening Bell: Indian equity markets opened weak today's(8 August 2022) trade on BSE amid weak global sentiments. Benchmark indices Nifty50 was down 30 points to trade below the 17,400 mark, whereas the S&P BSE Sensex shed 100 points at 58,299 levels. Broader markets, too, reflected the tepid mood as Nifty Midcap 100 underperformed Nifty Smallcap 100 and lost 0.06 percent in trade. sector-wise, Nifty Metal, Nifty Pharma, and Nifty Auto defied the overall market mood. However, Nifty PSU Bank and Nifty Realty were bogged down in trade. Among individual stocks, shares of Titan gained over 1 percent after net profit jumped three-fold to Rs 790 crore in Q1FY23. Besides, shares of Adani Ports climbed 0.7 percent ahead of their Q1FY23 results.

MARKET UPDATE: Indian equity markets: A tepid opening is on cards

Wednesday, June 29, 2022
As global sentiments turn bearish a tepid opening is on cards for the Indian equity markets today(29 June 2022). At 7:44 AM, the SGX Nifty Futures were quoted at 15,697 levels, indicating a gap-down of over 100 points on the Nifty50. The US equity markets suffered from big cuts in trade on Tuesday. Dow Jones fell 1.5 percent, the S&P 500 dropped 2.01 percent, and NASDAQ Composite slipped 2.9 percent. Meanwhile, investors will keenly watch the US quarterly GDP data today' Markets in Asia-Pacific imitated the sour global mood and fell in trade on Wednesday morning. While Japan's Nikkei 225 dropped 0.9 percent, South Korea's Kospi was down 1.5 percent. That apart, prices of crude oil edged higher in trade. Brent Crude jumped 2.5 percent to $117.58 a barrel and WTI Crude added 2 percent to $111.76 a barrel. Read more