Tag: quarterly numbers

MARKET UPDATE: Weak global cues drag Sensex lower. All sectoral indices in red

Wednesday, July 28, 2021
Bears tightened their grip on the Indian markets as nervousness in the global markets amid China's tech crackdown and ahead of the US Federal Reserve nudged investors to book profits. The frontline S&P BSE Sensex declined 515 points to trade at 52,067 levels. The Nifty50, on the other hand, gave up 15,600-mark and was at 15,592, down 154 points. Broader indices fell in line with the benchmarks as well. Globally, most Asian indices tracked a weak Wall Street finish to open in the red. Japan's Topix index fell 0.5 percent and Australia’s S&P/ASX 200 lost 0.1 percent although Hong Kong's Hang Seng was up 1.45 percent. Read more

MARKET UPDATE: Sensex climbed 153 points to trade at 53,006 levels and Nifty at 15,861, up 36 points

Tuesday, July 27, 2021
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.

MARKET UPDATE:Sensex slid 350 points to 51,960 levels and Nifty around the 15,550-mark

Monday, June 21, 2021
The benchmark indices in India fell over half a percent in early deals today(21st June 2021), tracking weak cues from other Asian markets. The S&P BSE Sensex slid 350 points, or 0.68 percent, to 51,960 levels and the broader Nifty50 index was around the 15,550-mark. ICICI Bank fell 2 percent and was the top Sensex laggard, followed by Mahindra & Mahindra, State Bank of India, and IndusInd Bank (all down over 1%). The Nifty sectoral indices were painted red, with Nifty Metal and Nifty PSU Bank indexes, down 2 percent each, bleeding the most. The S&P BSE MidCap and SmallCap indices traded 0.9 percent and 0.7 percent down in the broader markets, respectively. Seventy companies, including Oil India, Info Edge, Bharat Dynamics, TCNS Clothing, and VST Tillers Tractors, are slated to post their quarterly numbers.

MARKET UPDATE:Sensex dipped 230 points and hovered around the 52,240-mark and Nifty hovered below the 15,750-mark

Monday, June 14, 2021
The markets in India traded lower, but off the day's bottom, in morning deals today(14th June 2021), amid a weak trend in metals and public sector banks. The S&P BSE Sensex dipped 230 points, down 0.4 percent, and hovered around the 52,240-mark. The index fell to as low as 51,936 in intra-day deals. Meanwhile, the broader Nifty50 hovered below the 15,750-mark. Bajaj Finance fell 2 percent and was the top Sensex laggard, followed by NTPC, Dr. Reddy's, Bharti Airtel, and State Bank of India (all down 1%). Among other individual stocks, Adani Group stocks (Adani Enterprises, Adani Power, Adani Ports, Adani Transmission) hit their respective lower circuits on a report that the NSDL has frozen the accounts of three foreign funds — Albula Investment Fund, Cresta Fund, and APMS Investment Fund — which together own over Rs 43,500 crore worth of shares in four Adani Group companies. Read more