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MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Monday, June 12, 2023

Opening Bell: Indian equity benchmark indices opened with slim gains today(12 June 2023) as Dalal Street awaits consumer inflation for May and IIP data for April later today. The BSE Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600. The broader markets also moved higher. The BSE MidCap and SmallCap indices rose 0.14 percent and 0.4 percent, respectively. Read more

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

Friday, June 9, 2023

Opening Bell: Indian equity markets opened in positive territory in today's( trade, amidst solid global cues. Frontline indices the S&P BSE Sensex surged over 100 points to trade around 62,962 levels, whereas the NSE Nifty50 climbed over 30 points to trade above 18,650 levels. The strength also spread to broader markets, with Nifty Midcap 100 and Nifty Smallcap 100 indices rising 0.2 percent each to outperform benchmark indices. Read more

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

Thursday, June 8, 2023

Opening Bell: Indian markets started on a positive note today( 8 June 2023), ahead of the Reserve Bank of India's (RBI) monetary policy decision. Frontline indices the S&P BSE Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels. Broader markets, however, outperformed benchmark indices as Nifty Midcap 100, and Nifty Smallcap 100 indices surged up to 0.3 percent. Read more

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

Wednesday, June 7, 2023

Opening Bell: Indian markets opened higher in today's(7 June 2023) trade, amidst mixed global cues. Frontline indices the S&P BSE Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels. Broader markets, too, exhibited strength as they outperformed benchmark indices. Nifty Midcap 100, and Nifty Smallcap 100 indices climbed up to 0.5 percent. Read more

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Tuesday, June 6, 2023

Indian markets were flat in today's(6 June 2023) intra-day trade, amid weak global cues. Frontline indices the S&P BSE Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels. Broader markets exhibited volatility as Nifty Midcap 100, and Nifty Smallcap 100 indices swung between red and green. Read more

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

Monday, June 5, 2023

Opening Bell: Indian markets opened higher in today's (5 June 2023) trade, following a strong global handover. Frontline indices the S&P BSE Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels. The strength spilled to broader markets too, with Nifty Midcap and Nifty Smallcap indices gaining up to 0.5 percent. Read more

MARKET UPDATE: Sensex fell 200 points to 62,770, and the Nifty50 slipped 62 points to 18,573

MARKET UPDATE: Sensex fell 200 points to 62,770, and the Nifty50 slipped 62 points to 18,573

Wednesday, May 31, 2023

Opening Bell: Indian equity benchmark indices opened with cuts today(31 May 2023) tracking losses in Asian equities ahead of the key vote in the US Congress on raising the borrowing limit. The BSE Sensex fell 200 points to 62,770, and the NSE Nifty50 slipped 62 points to 18,573. The BSE MidCap and SmallCap indices, meanwhile, held relative strength against benchmarks. The former was down 0.1 percent, and the latter was flat. Read more

MARKET UPDATE: Sensex fell 66 points to 62,780, and the NSE Nifty50 slipped 15 points to 18,583

MARKET UPDATE: Sensex fell 66 points to 62,780, and the NSE Nifty50 slipped 15 points to 18,583

Tuesday, May 30, 2023

Opening Bell: Indian equity benchmark indices opened nearly flat today(30 May 2023) tracking the quiet mood across global markets as investors remain on the sidelines ahead of US lawmakers' key vote on lifting the debt limit. The BSE Sensex fell 66 points to 62,780, and the NSE Nifty50 slipped 15 points to 18,583. The broader markets, meanwhile, outperformed benchmarks. The BSE MidCap and SmallCap indices rose up to 0.18 percent versus the nearly flat BSE Sensex index. Read more

MARKET UPDATE: Sensex gained 160 points to 62,050, and Nifty50 edged 47 points higher to 18,370

MARKET UPDATE: Sensex gained 160 points to 62,050, and Nifty50 edged 47 points higher to 18,370

Friday, May 26, 2023

Opening Bell: Indian equity benchmark indices opened with nominal gains today(26 May 2023) tracking overnight strength in the US markets. The BSE Sensex gained 160 points to 62,050, and the NSE Nifty50 edged 47 points higher to 18,370. The broader markets opened in line with benchmarks. The BSE MidCap and SmallCap indices rose up to 0.3 percent. Read more

MARKET UPDATE: Sensex traded flat at 61,716 levels, whereas Nifty50 traded below 18,300 levels

MARKET UPDATE: Sensex traded flat at 61,716 levels, whereas Nifty50 traded below 18,300 levels

Thursday, May 25, 2023

Opening Bell: Indian markets started today's(25 ay 2023) trade on a weak note, amidst mixed global cues. Frontline indices the S&P BSE Sensex traded flat at 61,716 levels, whereas Nifty50 traded below 18,300 levels. Broader markets, meanwhile, outperformed benchmark indices as Nifty Midcap 100, and Nifty Smallcap 100 indices slipped up to 0.2 percent. The volatility index, India VIX, declined by over 2 percent. Read more

MARKET UPDATE: Sensex slipped 160 points to trade below 59,000-mark, whereas Nifty50 declined over 50 points to trade below 18,300 levels

MARKET UPDATE: Sensex slipped 160 points to trade below 59,000-mark, whereas Nifty50 declined over 50 points to trade below 18,300 levels

Wednesday, May 24, 2023

Opening Bell: Indian markets opened lower in today's(24 May 2023) trade in tune with the weak global cues. Frontline indices the S&P BSE Sensex slipped 160 points to trade below the 59,000 mark, whereas Nifty50 declined over 50 points to trade below 18,300 levels. Broader markets, meanwhile, exhibited mixed trends as Nifty Smallcap 100 index gained marginally over Nifty Midcap 100 index. Read more

MARKET UPDATE: Sensex reclaimed 62,000 levels, up over 100 points, while the Nifty50 climbed nearly 50 points to trade above 18,350 levels

MARKET UPDATE: Sensex reclaimed 62,000 levels, up over 100 points, while the Nifty50 climbed nearly 50 points to trade above 18,350 levels

Tuesday, May 23, 2023

Opening Bell: Indian markets opened higher in today's(23 May 2023) trade, amidst mixed global cues. Frontline indices the S&P BSE Sensex reclaimed 62,000 levels, up over 100 points, while the Nifty50 index climbed nearly 50 points to trade above 18,350 levels. Broader markets, too, edged higher in trade as Nifty Midcap 100, and Nifty Smallcap 100 indices surged up to 0.4 percent. Read more

MARKET UPDATE: Sensex recovered over 350 points to claim day's high of 61,942 levels, whereas Nifty50 recouped over 100 points to scale day's high of 18,281 levels

MARKET UPDATE: Sensex recovered over 350 points to claim day's high of 61,942 levels, whereas Nifty50 recouped over 100 points to scale day's high of 18,281 levels

Monday, May 22, 2023

Indian markets wiped off early losses and turned positive in today's(22 May 2023) intra-day trade. Benchmark indices the S&P BSE Sensex recovered over 350 points to claim the day's high of 61,942 levels, whereas Nifty50 recouped over 100 points to scale the day's high of 18,281 levels. The strength spilled to broader markets too, with Nifty Midcap 100, and Nifty Smallcap 100 indices advancing up to 0.2 percent. Meanwhile, India VIX's volatility gauge moderated to 1 percent from the day's 3 percent. Read more

MARKET UPDATE: Sensex gained 155 points to 61,587, and Nifty50 edged 42 points higher to 18,172

MARKET UPDATE: Sensex gained 155 points to 61,587, and Nifty50 edged 42 points higher to 18,172

Friday, May 19, 2023

OPENING BELL: Indian Equity benchmark indices opened with slim gains today(19 May 2023) tracking strength in global markets after US indices touched 9-month-highs overnight. The BSE Sensex gained 155 points to 61,587, and the NSE Nifty50 edged 42 points higher to 18,172. SBI, Tech M, Infosys, HCL Tech, Nestle, ICICI Bank, Ultratech Cement, and Pwer Grid led gains on the Sensex, rising 0.5-1.2 percent. The broader markets opened tepidly. The BSE MidCap was down 0.08 percent and the SmallCap index rose 0.13 percent. On the downside, Divi's Lab, Eicher Motors, UPL, Titan, Maruti, and Tata Steel were the top frontline laggards. Sectorwise, Nifty Auto, Metal, Realty, FMCG and Pharma indices declined, while the IT and PSB pockets were the top gainers. Among stocks, Bata India rose 4 percent on reporting a 4.5 percent YoY profit growth in Q4 to Rs 65.55 crore.

MARKET UPDATE: Sensex rose 330 points to 61,890, and Nifty50 gained 72 points to 18,266

MARKET UPDATE: Sensex rose 330 points to 61,890, and Nifty50 gained 72 points to 18,266

Thursday, May 18, 2023

Indian equity benchmark indices held substantial gains in today's(18 May 2023) trade in line with strength in global equities in hopes that a deal to lift the US debt ceiling will soon be reached. The BSE Sensex rose 330 points to 61,890, and the NSE Nifty50 gained 72 points to 18,266. The broader markets opened in line with benchmarks. The BSE MidCap and SmallCap indices rose up to 0.5 percent. Read more

MARKET UPDATE: Sensex opened 44 points lower at 62,300, and the NSE Nifty50 unchanged at 18,394

MARKET UPDATE: Sensex opened 44 points lower at 62,300, and the NSE Nifty50 unchanged at 18,394

Tuesday, May 16, 2023

OPENING BELL: Indian equity benchmark indices opened flat today(16 May 2023) tracking mixed global cues. The BSE Sensex opened 44 points lower at 62,300, and the NSE Nifty50 was largely unchanged at 18,394. Tata Steel, Infosys, Wipro, and Nestle led gains on the Sensex, while ONGC, Hindalco, and Divi's Lab rose 1 percent each on the Nifty50. On the flip side, HDFC twins led losses on the Sensex, dropping 1 percent each. Tata Motors, Maruti, and M&M were other frontline losers. The broader markets outperformed benchmarks. The BSE MidCap and SmallCap indices rose up to 0.6 percent versus the nearly flat BSE Sensex. Read more

MARKET UPDATE: Sensex gained 160 points to 62,200, and the NSE Nifty50 edged 45 points up to 18,360

MARKET UPDATE: Sensex gained 160 points to 62,200, and the NSE Nifty50 edged 45 points up to 18,360

Monday, May 15, 2023

Indian Equity benchmark indices held gains in today's(15 May 2023) early trade following a respite in the CPI inflation, which dipped to an 18-month low of 4.7 percent in April. The BSE Sensex gained 160 points to 62,200, and the NSE Nifty50 edged 45 points up to 18,360. The broader markets opened tepidly. The BSE MidCap and SmallCap indices were nearly flat versus a mild uptick in the BSE Sensex Read more

MARKET UPDATE: Sensex fell 190 points to 61,717, and NSE Nifty50 slipped 55 points to 18,242

MARKET UPDATE: Sensex fell 190 points to 61,717, and NSE Nifty50 slipped 55 points to 18,242

Friday, May 12, 2023

Indian equity benchmark indices held losses in today's (12 May 2023) intra-day trade as investors remained cautious ahead of the April consumer inflation and March IIP data that will be released after market hours. The BSE Sensex fell 190 points to 61,717, and the NSE Nifty50 slipped 55 points to 18,242. The broader markets were mixed. The BSE MidCap index was flat but the SmallCap pocket outperformed the benchmarks and rose 0.25 percent. Read more

MARKET UPDATE: Sensex nearly flat at 61,900, while NSE Nifty50 up marginally at 18,330

MARKET UPDATE: Sensex nearly flat at 61,900, while NSE Nifty50 up marginally at 18,330

Thursday, May 11, 2023

STOCK MARKET UPDATE: Ease in US inflation lifted benchmark indices at open today(11 May 2023), but they were soon pulled down by losses in Dr Reddy's and L&T, which dropped 5 percent and 4 percent, respectively, on missing Street estimates for Q4FY23. The BSE Sensex pared gains to turn nearly flat at 61,900, and the Nifty was up marginally at 18,330. The broader markets outperformed the benchmarks. The BSE MidCap and SmallCap indices rose to 0.5 percent versus 0.1 percent in BSE Sensex. Hindalco, Bharti Airtel, and Eicher Motors were the other frontline losers, down 1-3 percent. On the downside, Tech M, Infosys, HDFC, and HCL Tech led gains on the Sensex, while Adani Enterprises claimed the top spot on Nifty, rising 4 percent on its plan to consider fundraising at a board meeting on May 13. Sectorwise, the Nifty IT index rose the most, up 0.6 percent, while the Pharma pocket was the top drag that dropped 1 percent.

MARKET UPDATE: Sensex gained 200 points to 61,965, and the NSE Nifty50 moved 47 points higher to 18,316

MARKET UPDATE: Sensex gained 200 points to 61,965, and the NSE Nifty50 moved 47 points higher to 18,316

Wednesday, May 10, 2023

Opening Bell: Indian equity benchmark indices opened with nominal gains today( 10 May 2023) despite losses in other global markets, where investor sentiment has remained cautious ahead of the US CPI figure later today. The BSE Sensex gained 200 points to 61,965, and the NSE Nifty50 moved 47 points higher to 18,316. The broader markets opened in line with benchmarks. The BSE MidCap and SmallCap indices rose up to 0.4 percent. Read more

MARKET UPDATE: Sensex rose 170 points to 61,936 while the Nifty50 moved 50 points higher to 18,315

MARKET UPDATE: Sensex rose 170 points to 61,936 while the Nifty50 moved 50 points higher to 18,315

Tuesday, May 9, 2023

Opening Bell: The Indian equity benchmark indices opened with nominal gains today(09 May 2023) as global markets remained mixed. The BSE Sensex rose 170 points to 61,936, and the NSE Nifty50 moved 50 points higher to 18,315. The broader markets, meanwhile, firmly outperformed gains in the benchmark. The BSE MidCap and SmallCap indices rose up to 0.7 percent versus a 0.2 percent gain in the BSE Sensex. Read more

MARKET UPDATE: Sensex opened 320 points higher to 61,372 while the Nifty50 gained 87 points to 18,156

MARKET UPDATE: Sensex opened 320 points higher to 61,372 while the Nifty50 gained 87 points to 18,156

Monday, May 8, 2023

Opening Bell: Indian Equity benchmark indices opened with nominal gains today (08 May 2023) tracking a sharp rally in US equities on Friday. The BSE Sensex opened 320 points higher to 61,372, and the NSE Nifty50 gained 87 points to 18,156. IndusInd Bank, Maruti, Tata Motors, HDFC twins, Nestle, and Wipro led gains on the Sensex, while Britannia, Hero Moto, and Bajaj Auto were the top Nifty winners. On the downside, Coal India, Adani Enterprises, Sun Pharma, L&T, and Tata Steel were among the few frontline losers. The broader markets also opened in tandem with benchmarks. The BSE MidCap and SmallCap indices rose up to 0.4 percent. Read more

MARKET UPDATE: Sensex dropped by 400 points to 61,338 while the Nifty50 fell by 100 points to 18,150

MARKET UPDATE: Sensex dropped by 400 points to 61,338 while the Nifty50 fell by 100 points to 18,150

Friday, May 5, 2023

Opening Bell: Today (5 May 2023), equity benchmark indices opened with losses as the concerns over contagion in the regional banking space deepened on Wall Street overnight. The BSE Sensex dropped by 400 points to 61,338, and the NSE Nifty50 fell by 100 points to 18,150. The HDFC twins were the major losers on the Sensex, declining by 4%, followed by IndusInd Bank, HDFC Life, and Tata Steel. On the other hand, ICICI Bank, L&T, Axis Bank, Nestle, Ultratech Cement, and SBI were the top gainers on the Sensex. However, the broader markets opened higher, with the BSE MidCap and SmallCap indices rising by up to 0.3%. Read more

MARKET UPDATE: Sensex gained over 50 points to trade around 61,254 levels while the Nifty50 traded flat above 18,100 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 61,254 levels while the Nifty50 traded flat above 18,100 levels

Thursday, May 4, 2023

Indian markets started today's(4 May 2023) trade on a firm note, after the US Federal Reserve hiked interest rates by 25 basis points. Key indices Nifty50 traded flat above 18,100 levels, whereas the S&P BSE Sensex gained over 50 points to trade around 61,254 levels. Broader markets, also, were upbeat in the trade as Nifty Midcap 100 and Nifty Smallcap 100 indices surged up to 0.5 percent. Read more

MARKET UPDATE: Sensex rose 250 points to 61,361, while the Nifty50 edged 74 points to 18,139 level

MARKET UPDATE: Sensex rose 250 points to 61,361, while the Nifty50 edged 74 points to 18,139 level

Tuesday, May 2, 2023

Opening Bell: Indian equity markets opened with firm gains today(2 May 2023) buoyed by positive sentiment across Asian markets, following the takeover of fallen US lender First Republic Bank by JP Morgan Chase on Monday. The BSE Sensex rose 250 points to 61,361, and the NSE Nifty50 edged 74 points to 18,139 level. The broader markets, meanwhile, outweighed gains in the benchmarks. The BSE MidCap and SmallCap indices rose 0.7 percent each. Read more

MARKET UPDATE: Sensex down around 70 points at 60,580, while the Nifty50 held the 17,900-mark, down 11 points

MARKET UPDATE: Sensex down around 70 points at 60,580, while the Nifty50 held the 17,900-mark, down 11 points

Friday, April 28, 2023

Opening Bell: The Indian benchmark S&P BSE Sensex failed to hold on to its gains in morning deals today( 28 April 2023) Despite firm global sentiment. The index, which opened nearly 100 points higher, was down around 70 points at 60,580 weighed down by Bajaj Finserv, HUL, Axis Bank, Bajaj Finance, HCL Tech, Tech M, and HDFC Bank shares. The NSE Nifty50, meanwhile, held the 17,900 mark, down 11 points. In the broader markets, the BSE MidCap index added 0.41 percent, and the BSE SmallCap index advanced 0.5 percent. Read more

MARKET UPDATE: Sensex at 60,343 in early deals, trading 43 points higher, while the Nifty50 held above 17,800-mark

MARKET UPDATE: Sensex at 60,343 in early deals, trading 43 points higher, while the Nifty50 held above 17,800-mark

Thursday, April 27, 2023

Opening Bell: Indian benchmark indices were volatile today(27 April 2023), as traders prepare for the monthly F&O expiry. The S&P BSE Sensex was at 60,343 in early deals, trading 43 points higher, while the Nifty50 held above 17,800-mark. In the broader markets, the BSE MidCap index was flat, and SmallCap index added 0.24 per cent. Shares of Bajaj Finance gained 2.45 per cent. The company's consolidated net profit rose 30 per cent YoY to Rs 3,158 crore in Q4FY23, on the back of higher net interest income (NII). The board recommended dividend payout of Rs 30 per share. Read more

MARKET UPDATE: Sensex quoted at 60,164, up 34 points, while the Nifty50 was unchanged at 17,769.

MARKET UPDATE: Sensex quoted at 60,164, up 34 points, while the Nifty50 was unchanged at 17,769.

Wednesday, April 26, 2023

Opening Bell: Indian equity markets began flat on the last day of the expiry of the F&O contracts for April. The S&P BSE Sensex quoted at 60,164, up 34 points or 0.06 percent. The Nifty50, meanwhile, was unchanged at 17,769. The BSE MidCap index was in the red in the broader markets, while the BSE SmallCap index gained 0.15 percent. Individually, shares of Bajaj Auto dipped 1.37 percent as the two-wheeler major posted a 2 percent drop in profit after tax (PAT) to Rs 1,433 crore in Q4FY23, despite 12 percent year-on-year (YoY) growth in revenue to Rs 8,905 crore. Read more

MARKET UPDATE: Sensex dipped 4 points to quote at 60,052 levels, while the Nifty50 hovered around 17,730 levels

MARKET UPDATE: Sensex dipped 4 points to quote at 60,052 levels, while the Nifty50 hovered around 17,730 levels

Tuesday, April 25, 2023

Opening Bell: Today ( 25 April 2023), benchmark S&P BSE Sensex dipped 4 points to quote at 60,052 levels while the Nifty50 index hovered around 17,730 levels mainly pulled down by selling in HDFC, HUL, M&M, Infosys, HCL Tech, and HDFC Bank. In the broader markets, the BSE MidCap was flat with a mild downtick, and SmallCap indices were up 0.1 percent. Read more

MARKET UPDATE: Sensex advanced 165 points to quote 59,820 levels, while the Nifty50 attempted to surpass 17,700-mark

MARKET UPDATE: Sensex advanced 165 points to quote 59,820 levels, while the Nifty50 attempted to surpass 17,700-mark

Monday, April 24, 2023

Opening Bell: The S&P BSE Sensex advanced 165 points to quote 59,820 levels today(24 April 2023) as investors bought shares of ICICI Bank, Reliance Industries, Wipro, IndusInd Bank, and HDFC twins. The Nifty50 attempted to surpass the 17,700 mark. Both benchmark indices were up over 0.25 percent each. In the broader markets, the BSE MidCap and SmallCap indices were mixed with the former in the red, and the latter in the green. Sectorally, the Nifty Media, Pharma, and Realty indices fell up to 1 percent, while the Nifty Bank index was up 0.5 percent. Read more

MARKET UPDATE: Sensex rose over 100 points to quote at 59,750, while the Nifty50 tested 17,650

MARKET UPDATE: Sensex rose over 100 points to quote at 59,750, while the Nifty50 tested 17,650

Friday, April 21, 2023

Opening Bell: Indian benchmark indices nudged higher today(21 April 2023), despite global sentiment. In early deals, the S&P BSE Sensex rose over 100 points to quote at 59,750, while the Nifty50 tested 17,650. In the broader market, the BSE MidCap dipped marginally, while the SmallCap index added 0.14 percent. HCL Technologies shares climbed over 2 percent as the IT company reported better-than-expected results for Q4FY23. The company posted a net profit of Rs 3,983 crore for the quarter. This was up 10.8 percent year-on-year (YoY). Read more

MARKET UPDATE: Sensex quoted at 59,810, up 242 points whereas Nifty50 held above 17,650-mark

MARKET UPDATE: Sensex quoted at 59,810, up 242 points whereas Nifty50 held above 17,650-mark

Thursday, April 20, 2023

Opening Bell: Indian equity markets steadied themselves today( 20 April 2023) as investors assessed Q4 earnings and global cues. The S&P BSE Sensex, after starting flat, quoted at 59,810, up 242 points or 0.4 percent, while the Nifty50 held above the 17,650 mark. Individually, Titan, Ultratech Cement, Asian Paints, Tata Motors, Bajaj Finserv, ITC, and M&M were the large caps that lifted the benchmarks. In the broader market, the BSE MidCap and SmallCap indices added 0.18 percent and 0.4 percent, respectively. Sectorally, the Nifty Pharma index was down 0.37 percent, while the Nifty Auto was up 0.2 percent. All other indices were flat on either side. Read more

MARKET UPDATE: Sensex started over 60 points lower at 59,660 , whereas Nifty50 quoted below 17,650

MARKET UPDATE: Sensex started over 60 points lower at 59,660 , whereas Nifty50 quoted below 17,650

Wednesday, April 19, 2023

Opening Bell: Benchmark S&P BSE Sensex started over 60 points, or 0.11 percent, lower at 59,660 today(19 April 2023) amid losses in Infosys, Asian Paints, IndusInd Bank, HUL, ITC, ICICI Bank, and Kotak bank. The Nifty50, meanwhile, is quoted below 17,650.

MARKET UPDATE: Sensex down over 100 points at 59,790 levels, whereas Nifty50 slipped below the 17,700-mark

MARKET UPDATE: Sensex down over 100 points at 59,790 levels, whereas Nifty50 slipped below the 17,700-mark

Tuesday, April 18, 2023

Stock market updates: Amid increased volatility, Indian benchmark S&P BSE Sensex erased early morning gains, and was down over 100 points at 59,790 levels. The Nifty50, meanwhile, slipped below the 17,700 mark. Losses in PowerGrid, Reliance Industries, TCS, Tech M, Bajaj Finance, Titan, HUL, Wipro, L&T, and Sun Pharma weighed on the frontline indices. In the broader markets, the BSE MidCap and SmallCap indices continued to hold gains of up to 0.3 percent. Sectorally, the Nifty IT index slipped 0.4 percent, while the Nifty Realty and PSU bank indices added up to 0.5 percent. In Newly listed shares Shares of Avalon Technologies made a tepid debut on the bourses on Tuesday, listing at Rs 431 on the BSE. This was a 1.15 percent discount to its issue price of Rs 436 apiece.

MARKET UPDATE: Sensex fell over 120 points to 60,280 level, whereas Nifty50 slipped 21 points to below 17,800

MARKET UPDATE: Sensex fell over 120 points to 60,280 level, whereas Nifty50 slipped 21 points to below 17,800

Thursday, April 13, 2023

Opening Bell: The key benchmark indices started today's(13 April 2023) session with minor cuts tracking weakness across global markets after the FOMC minutes showed that officials expect a mild recession in the US later this year. The BSE Sensex fell over 120 points to the 60,280 level and the NSE Nifty50 slipped 21 points to below 17,800. IndusInd Bank, Infosys, HCL Tech, Tech M, TCS, and Wipro led the losses on the Sensex, dropping 1-2.5 percent. On the flip side, M&M, Power Grid, RIL, Asian Paints, and Tata Steel held gains of 0.4-1 percent. The broader markets, meanwhile, outperformed the benchmarks. The BSE MidCap and SmallCap indices rose up to 0.23 percent. Sectorwise, the IT index dropped over 1 percent as weak results of TCS dampened overall sentiment in the pack. Other indices held nominal gains.

MARKET UPDATE: Sensex traded flat at 60,188 levels, whereas Nifty50 hovered flat above 17,700 levels

MARKET UPDATE: Sensex traded flat at 60,188 levels, whereas Nifty50 hovered flat above 17,700 levels

Wednesday, April 12, 2023

Opening Bell: Indian markets opened flat in today's (12 April 2023) trading session, ahead of March inflation figures. Key indices Nifty50 hovered above 17,700 levels, whereas the S&P BSE Sensex traded flat at 60,188 levels. Broader indices, which include Nifty Midcap 100 and Nifty Smallcap 100 indices, however, outperformed benchmark indices as they gained up to 0.2 percent each. Sectorwise, Nifty Metal, and Nifty Pharma indices led the charge, surging up to 1 percent. On the flipside, Nifty IT, and Nifty FMCG indices lost up to 0.3 percent. Among individual stocks, shares of Tata Consultancy Services (TCS) traded flat ahead of Q4FY23 results. Brokerages estimate the company to report weak revenue growth over the preceding quarter due to seasonal weakness, however, they foresee margin expansion on lower attrition. In addition, shares of Sula Vineyards soared over 6 percent after the wine producer crossed 1 million cases.

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

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 advanced over 100 points to trade around 59,957 levels, whereas Nifty50 climbed over 30 points to trade above 17,600 levels

MARKET UPDATE: Sensex advanced over 100 points to trade around 59,957 levels, whereas Nifty50 climbed over 30 points to trade above 17,600 levels

Monday, April 10, 2023

Opening Bell: Indian markets opened on a firm note in today's(10 April 2023) trade, amid mixed global cues. Key indices Nifty50 climbed over 30 points to trade above 17,600 levels, whereas the S&P BSE Sensex advanced over 100 points to trade around 59,957 levels. Broader markets, too, were upbeat in the trade as Nifty Midcap 100 and Nifty Smallcap 100 indices surged up to 0.4 percent. Read more

MARKET UPDATE: Sensex slipped over 100 points to trade around 59,574 levels, whereas Nifty50 index traded flat below 17,550 levels

MARKET UPDATE: Sensex slipped over 100 points to trade around 59,574 levels, whereas Nifty50 index traded flat below 17,550 levels

Thursday, April 6, 2023

Indian markets were flat in today's(6 April 2023) trade, ahead of the Reserve Bank of India's (RBI) monetary policy decision. While the Nifty50 index traded flat below 17,550 levels, the S&P BSE Sensex slipped over 100 points to trade around 59,574 levels. Broader markets, too, fell in tandem as Nifty Smallcap 100 and Nifty Midcap 100 indices skid up to 0.2 percent. Read more

MARKET UPDATE: Sensex advanced over 150 points to trade around 59,281 levels, whereas Nifty50 climbed over 40 points to trade above 17,400 levels

MARKET UPDATE: Sensex advanced over 150 points to trade around 59,281 levels, whereas Nifty50 climbed over 40 points to trade above 17,400 levels

Wednesday, April 5, 2023

Opening Bell: Indian markets opened higher in today's(5 April 2023) trade, despite mixed global cues. Key indices Nifty50 climbed over 40 points to trade above 17,400 levels, whereas the S&P BSE Sensex advanced over 150 points to trade around 59,281 levels. Broader markets, however, were mixed as Nifty Smallcap 100 index outperformed Nifty Midcap 100 index. Read more

MARKET UPDATE: Sensex surged over 100 points to reclaim 59,000-mark, whereas Nifty50 index surged over 30 points to trade above 17,350 levels

MARKET UPDATE: Sensex surged over 100 points to reclaim 59,000-mark, whereas Nifty50 index surged over 30 points to trade above 17,350 levels

Monday, April 3, 2023

Opening Bell: Indian markets edged higher in today's( 3 April 2023) trade, supported by gains across index-heavyweights like Maruti Suzuki, Bajaj Twins, Bharti Airtel, and Tata Steel, among others. Frontline indices the S&P BSE Sensex surged over 100 points to reclaim the 59,000 mark, whereas the Nifty50 index surged over 30 points to trade above 17,350 levels. Broader markets, too, were upbeat in the trade as Nifty Midcap 100 and Nifty Smallcap 100 indices rose up to 0.4 percent. Read more

MARKET UPDATE: Sensex gained over 200 points to trade around 57,823 levels whereas Nifty50 climbed over 50 points to reclaim 17,000-mark

MARKET UPDATE: Sensex gained over 200 points to trade around 57,823 levels whereas Nifty50 climbed over 50 points to reclaim 17,000-mark

Wednesday, March 29, 2023

Benchmark indices Nifty50 climbed over 50 points to reclaim the 17,000 mark, whereas the S&P BSE Sensex gained over 200 points to trade around 57,823 levels. The strength spread across broader markets as well, with Nifty Midcap 100 and Nifty Smallcap 100 indices surging up to 0.1 percent. Volatility gauge, India VIX, meanwhile, slipped over 2 percent. Read more

MARKET UPDATE: Sensex advanced over 150 points to trade around 57,838 levels whereas Nifty50 climbed over 50 points to reclaim 17,000 levels

MARKET UPDATE: Sensex advanced over 150 points to trade around 57,838 levels whereas Nifty50 climbed over 50 points to reclaim 17,000 levels

Tuesday, March 28, 2023

Opening Bell: In Indian markets improved global sentiments instilled strength in today's( 28 March 2023) trade. Key indices Nifty50 climbed over 50 points to reclaim 17,000 levels, whereas the S&P BSE Sensex advanced over 150 points to trade around 57,838 levels. Bullish sentiment was visible across broader markets as well, as Nifty Midcap 100 and Nifty Smallcap 100 indices advanced up to 0.1 percent. Read more

MARKET UPDATE: Sensex gained over 100 points to trade around 58,054 levels whereas Nifty50 traded flat above 17,050 levels

MARKET UPDATE: Sensex gained over 100 points to trade around 58,054 levels whereas Nifty50 traded flat above 17,050 levels

Friday, March 24, 2023

Opening Bell: Indian equity markets were volatile in today's ( 24 March 2023) trade, amid mixed global cues. Key indices Nifty50 traded flat above 17,050 levels, whereas the S&P BSE Sensex gained over 100 points to trade around 58,054 levels. Broader markets, meanwhile, were mixed as Nifty Smallcap 100 index gained marginally higher than Nifty Midcap 100 index. Read more

MARKET UPDATE: Sensex declined over 300 points to trade around 57,911 levels while Nifty50 lowered over 50 points to trade below 17,100 levels

MARKET UPDATE: Sensex declined over 300 points to trade around 57,911 levels while Nifty50 lowered over 50 points to trade below 17,100 levels

Thursday, March 23, 2023

Opening Bell: Indian equity markets opened lower in today's (23 March 2023) trade. Global sentiments turned weaker after the US Federal Reserve indicated another rate hike this year post a 25 basis point increase in the March meeting. Key indices Nifty50 lowered over 50 points to trade below 17,100 levels, whereas the S&P BSE Sensex declined over 300 points to sell around 57,911 levels. Broader markets, too, inched lower in the trade as Nifty Midcap 100 and Nifty Smallcap 100 indices fell up to 0.3 percent. Volatility gauge, India VIX, meanwhile, climbed over 1 percent. Read more

MARKET UPDATE: Sensex advanced over 400 points to trade around 58,078 levels while Nifty50 climbed over 100 points to trade above 17,100 levels

MARKET UPDATE: Sensex advanced over 400 points to trade around 58,078 levels while Nifty50 climbed over 100 points to trade above 17,100 levels

Friday, March 17, 2023

Indian markets were higher in today's( 17 March 2023) trade, amid strong global cues. Key indices Nifty50 climbed over 100 points to trade above 17,100 levels, whereas the S&P BSE Sensex advanced over 400 points to trade around 58,078 levels. Broader markets, too, edged higher in the trade as Nifty MidCap 100 and Nifty Smallcap 100 indices surged up to 0.9 percent. The volatility index, India VIX, meanwhile, slipped over 5 percent. Read more

MARKET UPDATE: Sensex declined over 100 points to trade around 57,432 levels while Nifty50 hovered flat below 16,950 levels

MARKET UPDATE: Sensex declined over 100 points to trade around 57,432 levels while Nifty50 hovered flat below 16,950 levels

Thursday, March 16, 2023

Opening Bell: The Indian markets opened lower in Thursday's trade, amid mixed global cues. Benchmark indices Nifty50 hovered flat below 16,950 levels, whereas the S&P BSE Sensex declined over 100 points to trade around 57,432 levels. Broader markets, too, fell in tandem as Nifty Midcap 100 and Nifty Smallcap 100 indices lowered up to 0.3 percent. The volatility index, India VIX, climbed over 1 percent. Read more

MARKET UPDATE: Sensex surged over 500 points to trade around 58,409 levels while Nifty50 advanced over 150 points to trade above 17,150 levels

MARKET UPDATE: Sensex surged over 500 points to trade around 58,409 levels while Nifty50 advanced over 150 points to trade above 17,150 levels

Wednesday, March 15, 2023

Opening Bell: The Indian markets edged higher in today's(15 March 2023) trade to snap a four-day losing streak, after February inflation slowed to 6.4 percent. Key indices Nifty50 advanced over 150 points to trade above 17,150 levels, whereas the S&P BSE Sensex surged over 500 points to trade around 58,409 levels. Broader markets, too, inched higher in the trade as Nifty Midcap 100 and Nifty Smallcap 100 indices gained up to 1 percent. The volatility index, India VIX, meanwhile, slipped over 6 percent. Read more

MARKET UPDATE: Sensex hovered around 58,258 levels while Nifty50 flat below 17,200 levels

MARKET UPDATE: Sensex hovered around 58,258 levels while Nifty50 flat below 17,200 levels

Tuesday, March 14, 2023

Opening Bell: The Indian markets opened volatile in today's(14 March 2023) trade, amid grim global cues. Key indices Nifty50 was flat below 17,200 levels, whereas the S&P BSE Sensex hovered around 58,258 levels. Broader markets, too, were tepid in the trade as Nifty Smallcap 100 and Nifty Midcap 100 indices slipped up to 0.3 percent. The volatility index, India VIX, meanwhile, slipped over 3 percent. Read more

MARKET UPDATE: Sensex advanced over 300 points to trade around 59,462 levels while Nifty50 gained over 100 points to trade above 17,500 levels

MARKET UPDATE: Sensex advanced over 300 points to trade around 59,462 levels while Nifty50 gained over 100 points to trade above 17,500 levels

Monday, March 13, 2023

Opening Bell: The Indian markets opened higher in today's(13 march 2023) trading session, amid mixed global cues. Key indices Nifty50 gained over 100 points to trade above 17,500 levels, and the S&P BSE Sensex advanced over 300 points to trade around 59,462 levels. Broader markets, however, were tepid as Nifty Midcap 100 and Nifty Smallcap 100 indices lowered up to 0.1 percent. Read more

MARKET UPDATE: Sensex tumbled over 700 points to trade around 59,081 levels while Nifty50 declined over 200 points to trade below 17,400 levels

MARKET UPDATE: Sensex tumbled over 700 points to trade around 59,081 levels while Nifty50 declined over 200 points to trade below 17,400 levels

Friday, March 10, 2023

Opening Bell: The Indian markets opened lower in today's(10 March 2023) trade, amid weak global cues. Key indices Nifty50 declined over 200 points to trade below 17,400 levels, whereas the S&P BSE Sensex tumbled over 700 points to trade around 59,081 levels. Broader markets, too, edged lower as Nifty Midcap 100 and Nifty Smallcap 100 indices lowered over 1 percent each. Volatility gauge, India VIX, meanwhile, climbed over 7 percent. Read more

CLOSING BELL: Sensex fell 542 points to close at 59,806 level, while Nifty50 ended at 17,590, dropping 165 points

CLOSING BELL: Sensex fell 542 points to close at 59,806 level, while Nifty50 ended at 17,590, dropping 165 points

Thursday, March 9, 2023

CLOSING BELL: Indian equity markets ended lower today(9 March 2023) as investors adjusted their positions amid the weekly F&O expiry. The S&P BSE Sensex fell 542 points, or 0.9 percent, to close at 59,806 level, while the Nifty50 ended at 17,590, dropping 165 points or 0.93 percent. M&M (down 3 percent), RIL (down over 2 percent), Bajaj Finserv, ICICI Bank, Maruti Suzuki, Tata Motors, Tech M, Bajaj Finance, TCS, Kotak Bank, ITC, Titan, and SBI were the top Sensex laggards. On the Nifty, Adani Enterprises (down 5 percent), SBI Life, Adani Ports, and Eicher Motors were the additional draggers. Read more

MARKET UPDATE: Sensex fell 40-odd points to 60,306 while Nifty50 remained unchanged at 17,754

MARKET UPDATE: Sensex fell 40-odd points to 60,306 while Nifty50 remained unchanged at 17,754

Thursday, March 9, 2023

Opening Bell: The Indian key benchmark indices started today's (9 March 2023) session flat amid muted global cues and concerns of a more considerable rate hike by the US Fed next week. The BSE Sensex fell 40-odd points to 60,306, and the NSE Nifty50 remained unchanged at 17,754 Tata Steel, Bharti Airtel, L&T, Axis Bank, HCL Tech, and Tata Motors led gains on the Sensex, rising up to 1.8 percent. At the same time, Hindalco and JSW Steel were the additional winners on the Nifty. Read more

MARKET UPDATE: Sensex lowered over 250 points to trade around below 60,000-mark while Nifty50 fell over 50 points to trade below 17,650 levels

MARKET UPDATE: Sensex lowered over 250 points to trade around below 60,000-mark while Nifty50 fell over 50 points to trade below 17,650 levels

Wednesday, March 8, 2023

Opening Bell: Indian markets were weighed down by weak global cues in today's( 8 March 2023) trading session. Key indices Nifty50 fell over 50 points to trade below 17,650 levels, whereas the S&P BSE Sensex lowered over 250 points to trade around below the 60,000 mark. Broader markets, too, were under the bearish spell as Nifty Midcap 100 and Nifty Smallcap 100 indices declined up to 0.5 percent. Volatility gauge, India VIX, meanwhile, climbed over 3 percent.

MARKET UPDATE: Sensex advanced over 550 points to claim day's high of 60,390 levels while Nifty50 climbed over 150 points to hit day's high of 17,765 levels

MARKET UPDATE: Sensex advanced over 550 points to claim day's high of 60,390 levels while Nifty50 climbed over 150 points to hit day's high of 17,765 levels

Monday, March 6, 2023

Indian markets extended gains in today's( 6 March 023) intra-day trade, supported by gains across index-heavyweights like HDFC Twins, Asian Paints, and Tata Consultancy Services. Key indices Nifty50 climbed over 150 points to hit the day's high of 17,765 levels, whereas the S&P BSE Sensex advanced through 550 points to claim the day's high of 60,390 levels. Read more

MARKET UPDATE: Sensex advanced over 500 points to trade around 59,454 levels while Nifty50 climbed over 100 points to trade above 17,450 levels

MARKET UPDATE: Sensex advanced over 500 points to trade around 59,454 levels while Nifty50 climbed over 100 points to trade above 17,450 levels

Friday, March 3, 2023

Strong global mood propelled Indian markets higher in today's( trade), led by gains across index-heavyweights like SBI, Reliance Industries, NTPC, HCL Technologies, and Bharti Airtel, among others. Key indices Nifty50 climbed over 100 points to trade above 17,450 levels, whereas the S&P BSE Sensex advanced over 500 points to trade around 59,454 levels. Read more

MARKET UPDATE: Sensex advanced 300 points to trade around 59,258 levels while Nifty50 climbed over 50 points to trade above 17,350 levels

MARKET UPDATE: Sensex advanced 300 points to trade around 59,258 levels while Nifty50 climbed over 50 points to trade above 17,350 levels

Wednesday, March 1, 2023

Opening Bell: Indian markets edged higher in today's( 1 March 2023) trade, amid mixed global cues. Key indices Nifty50 climbed over 50 points to trade above 17,350 levels, whereas the S&P BSE Sensex advanced 300 points to trade around 59,258 levels. Read more

MARKET UPDATE: Sensex traded flat around 59,246 levels while Nifty50 flat below 17,400 levels

MARKET UPDATE: Sensex traded flat around 59,246 levels while Nifty50 flat below 17,400 levels

Tuesday, February 28, 2023

Opening Bell: Indian markets opened flat in today's ( 28 February 2023) trading session, amid firm global cues. Key indices Nifty50 were flat below 17,400 levels, whereas the S&P BSE Sensex traded flat around 59,246 levels. Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices gained up to 0.3 percent. Read more

MARKET UPDATE: Sensex lowered over 300 points to trade around 59,151 levels while Nifty50 declined over 50 points to trade below 17,400 levels

MARKET UPDATE: Sensex lowered over 300 points to trade around 59,151 levels while Nifty50 declined over 50 points to trade below 17,400 levels

Monday, February 27, 2023

Indian markets edged lower in today's(27 February 2023) intra-day trading session, amid subdued global cues. Key indices Nifty50 declined over 50 points to trade below 17,400 levels, whereas the S&P BSE Sensex lowered over 300 points to trade around 59,151 levels. Broader markets, too, inched lower as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.4 percent. Read more

MARKET UPDATE: Sensex advanced over 250 points to trade around 59,884 levels while Nifty50 climbed over 50 points to trade above 17,550 levels

MARKET UPDATE: Sensex advanced over 250 points to trade around 59,884 levels while Nifty50 climbed over 50 points to trade above 17,550 levels

Friday, February 24, 2023

Opening Bell: Strong global mood instilled strength in Indian markets today(24 February 2023). Key indices Nifty50 climbed over 50 points to trade above 17,550 levels, whereas the S&P BSE Sensex advanced over 250 points to trade around 59,884 levels. Broader markets, too, inched higher in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.4 percent. Volatility gauge, India VIX, meanwhile, slipped over 3 percent. Barring Nifty Media and Nifty Energy indices, all sectors started to trade in positive territory. Nifty PSU Bank and Nifty Metal indices rose the most, up to 0.7 percent. Read more

MARKET UPDATE: Sensex declined over 50 points to trade around 59,687 levels while Nifty50 started flat below 17,550 levels

MARKET UPDATE: Sensex declined over 50 points to trade around 59,687 levels while Nifty50 started flat below 17,550 levels

Thursday, February 23, 2023

Opening Bell: Indian markets opened flat in today's(23 February 2023) trade, amid mixed global cues. While the benchmark index Nifty50 started flat below 17,550 levels, the S&P BSE Sensex declined over 50 points to trade around 59,687. Broader markets, meanwhile, were mixed in the trade as Nifty SmallCap 100 index outperformed Nifty MidCap 100 index. Read more

MARKET UPDATE: Sensex declined over 300 points to trade around 60,358 levels while Nifty50 nosedived over 50 points to trade below 17,750 levels

MARKET UPDATE: Sensex declined over 300 points to trade around 60,358 levels while Nifty50 nosedived over 50 points to trade below 17,750 levels

Wednesday, February 22, 2023

Opening Bell: Weak global mood propelled Indian markets to start lower in today's( 22 February 2023) trade. While the benchmark index Nifty50 nosedived over 50 points to trade below 17,750 levels, the S&P BSE Sensex declined over 300 points to trade around 60,358 levels. Broader markets, too, were subdued in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices slumped up to 0.3 percent. The volatility index, India VIX, meanwhile, climbed over 3 percent. Read more

MARKET UPDATE: Sensex advanced over 50 points to trade around 60,769 levels while Nifty50 climbed over 30 points to trade above 17,850 levels

MARKET UPDATE: Sensex advanced over 50 points to trade around 60,769 levels while Nifty50 climbed over 30 points to trade above 17,850 levels

Tuesday, February 21, 2023

Opening Bell: Indian equity markets opened higher in today's ( 21 February 2023) trade, supported by gains across index heavyweights like Hindustan Unilever, Tata Consultancy Services, and Tech Mahindra, among others. Key indices Nifty50 climbed over 30 points to trade above 17,850 levels, whereas the S&P BSE Sensex advanced over 50 points to trade around 60,769 levels. Broader markets, too, as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.1 percent. Read more

MARKET UPDATE: Sensex advanced over 250 points to trade around 61,254 levels while Nifty50 climbed over 50 points to trade near 18,000 levels

MARKET UPDATE: Sensex advanced over 250 points to trade around 61,254 levels while Nifty50 climbed over 50 points to trade near 18,000 levels

Monday, February 20, 2023

Indian equity markets wiped off early losses and inched higher in today's (21 February 2023) intra-day trade, amid mixed global cues. Key indices Nifty50 climbed over 50 points to trade near 18,000 levels, whereas the S&P BSE Sensex advanced over 250 points to trade around 61,254 levels. Broader markets, meanwhile, were mixed Nifty MidCap 100 index outperformed Nifty SmallCap 100 index. Read more

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

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

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 dropped over 150 points to trade around 60,865 levels while the Nifty50 declined over 40 points to trade below 17,900

MARKET UPDATE: Sensex dropped over 150 points to trade around 60,865 levels while the Nifty50 declined over 40 points to trade below 17,900

Wednesday, February 15, 2023

Opening Bell: Indian equity markets started today's( 15 February 2023) trade on a weaker note, as hotter-than-expected US inflation data stoked rate hike concerns. Key indices Nifty50 declined over 40 points to trade 17,900 below, whereas the S&P BSE Sensex dropped over 150 points to trade around 60,865 levels. Broader markets, too, edged lower as Nifty MidCap 100 and Nifty SmallCap 100 indices slipped up to 0.5 percent. Read more

MARKET UPDATE: Sensex advanced over 200 points to trade around 60,676 levels while the Nifty50 climbed over 50 points to trade above 17,800 levels

MARKET UPDATE: Sensex advanced over 200 points to trade around 60,676 levels while the Nifty50 climbed over 50 points to trade above 17,800 levels

Tuesday, February 14, 2023

Opening Bell: Indian markets opened higher in today's(14 February 2023) trade, amid improved global sentiment. Key indices Nifty50 climbed over 50 points to trade above 17,800 levels, whereas the S&P BSE Sensex advanced over 200 points to trade around 60,676 levels. Broader markets, however, exhibited mixed trends as Nifty MidCap 100 index outperformed Nifty SmallCap 100 index. Read more

MARKET UPDATE: Sensex advanced over 17 points to trade flat at 60,701 levels while the Nifty50 traded flat above 17,850 levels

MARKET UPDATE: Sensex advanced over 17 points to trade flat at 60,701 levels while the Nifty50 traded flat above 17,850 levels

Monday, February 13, 2023

Opening Bell: Indian markets opened flat in today's( 13 February 2023) trading session, ahead of the January inflation data. Key indices Nifty50 traded flat above 17,850 levels, whereas the S&P BSE Sensex advanced over 17 points to trade flat at 60,701 levels. Read more

MARKET UPDATE: Sensex fell 120 points to 60,545 and quickly turned flat while the Nifty50 slipped 26 points to 17,846

MARKET UPDATE: Sensex fell 120 points to 60,545 and quickly turned flat while the Nifty50 slipped 26 points to 17,846

Thursday, February 9, 2023

Indian Equity benchmark indices held nominal losses in today's (9 February) early trade following hawkish commentary from Fed officials in the US. The BSE Sensex fell 120 points to 60,545 and quickly turned flat, while the NSE Nifty50 slipped 26 points to 17,846. Bajaj Finance, L&T, TCS, Infosys, Asian Paints, Power Grid, HDFC Bank, Hindalco, and Tata Steel led gains across the two frontline indices. On the flip side, Adani Enterprises, Adani Ports, Maruti, Tech M, Tata Motors, M&M, Airtel, and Ultratech Cement dipped. Read more

MARKET UPDATE: Sensex flat at 60,508 levels while the Nifty50 traded flat above 17,750 levels

MARKET UPDATE: Sensex flat at 60,508 levels while the Nifty50 traded flat above 17,750 levels

Tuesday, February 7, 2023

Opening Bell: Indian equity markets opened flat in today's(7 February 2023) trade, amid mixed global cues. Benchmark indices Nifty50 traded flat above 17,750 levels, whereas the S&P BSE Sensex was flat at 60,508 levels. Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices gained up to 0.1 percent. Read more

MARKET UPDATE: Sensex declined over 150 points to trade around 60,676 levels while the Nifty50 cdropped over 50 points to trade below 17,800 levels

MARKET UPDATE: Sensex declined over 150 points to trade around 60,676 levels while the Nifty50 cdropped over 50 points to trade below 17,800 levels

Monday, February 6, 2023

Benchmark indices Nifty50 dropped over 50 points to trade below 17,800 levels, whereas the S&P BSE Sensex declined over 150 points to trade around 60,676 levels. Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.3 percent. The volatility gauge, India VIX, on the other hand, jumped over 3 percent. Read more

MARKET UPDATE: Sensex advanced over 400 points to reclaim 60,000 level while the Nifty50 climbed over 100 points to trade above 17,700 levels

MARKET UPDATE: Sensex advanced over 400 points to reclaim 60,000 level while the Nifty50 climbed over 100 points to trade above 17,700 levels

Friday, February 3, 2023

Opening Bell: A pullback rally saw Indian markets open higher in today's( 3 February 2023) trade, amid mixed global cues. Benchmark indices Nifty50 climbed over 100 points to trade above 17,700 levels, whereas the S&P BSE Sensex advanced over 400 points to reclaim 60,000 levels. Read more

MARKET UPDATE: Sensex at 59,700 level, down 6 points while the Nifty50 at 17,590

MARKET UPDATE: Sensex at 59,700 level, down 6 points while the Nifty50 at 17,590

Thursday, February 2, 2023

Indian benchmark indices were volatile today(2 February 2023), after falling nearly 1 percent in opening deals, as news flow around Adani group weighed on the sentiment, while positive reaction to the Union Budget capped losses. The S&P BSE Sensex was quoting at 59,700 level, down 6 points, while the Nifty50 was at 17,590. UPL, Adani Enterprises, Adani Ports, HDFC Life, Apollo Hospitals, Bajaj Finance, ONGC, and HDFC were off lows, and are now down up to 5 percent. Read more

MARKET UPDATE: Sensex was up over 400 points to quote at 59,986 while the Nifty50 was hovering above the 17,800-mark

MARKET UPDATE: Sensex was up over 400 points to quote at 59,986 while the Nifty50 was hovering above the 17,800-mark

Wednesday, February 1, 2023

Indian equity markets were holding their gains ahead of the Union Budget presentation at 11 AM today(1 February 2023). The S&P BSE Sensex was up over 400 points, or 0.7 percent, to quote at 59,986. The Nifty50, meanwhile, was hovering above the 17,800 mark. Union Finance Minister Nirmala Sitharaman will present Budget 2023 in Parliament today, the last full Budget of the Modi government in its second term. This year's Budget holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024. Read more

MARKET UPDATE: Sensex rose 100 odd points to eventually turn flat at 59,488 while the Nifty50 was around the 17, 630 mark

MARKET UPDATE: Sensex rose 100 odd points to eventually turn flat at 59,488 while the Nifty50 was around the 17, 630 mark

Tuesday, January 31, 2023

Opening Bell: Indian frontline indices started today's( 31 January 2023) trade on a flat note as investors looked forward to the pre-budget Economic Survey for 2023-24, which will be tabled in the Parliament later today. The BSE Sensex rose 100 odd points to eventually turn flat at 59,488, while the NSE Nifty index was around the 17, 630 mark. The survey is likely to peg the domestic GDP growth at 6-6.8 percent for 2023-24, according to a Reuters report. It could see growth at 6.5 percent for 2023-24 under the baseline scenario, which would be the slowest in three years. Read more

MARKET UPDATE: Sensex fell 590 points to quote at 58,741 level while the Nifty50 dropped 149 points to 17,455 levels

MARKET UPDATE: Sensex fell 590 points to quote at 58,741 level while the Nifty50 dropped 149 points to 17,455 levels

Monday, January 30, 2023

Opening Bell: The Indian benchmark indices started the week on a tepid note today(30 January 2023) as clouds over Adani group, amid its clash with US-based Hindenburg Research, weighed on sentiment. The S&P BSE Sensex fell 590 points to quote at 58,741 level, while the Nifty50 dropped 149 points to 17,455 levels. Both indices were down 0.99 percent. ICICI Bank, Axis Bank, L&T, HUL, HDFC, Tata Steel, JSW Steel, RIL, Power Grid, HDFC Bank, Hindalco, SBI Life, Apollo Hospitals, and Bharti Airtel were the top laggards on the Nifty50 index as they fell in the range of 1 percent to 2 percent. In the broader market, the BSE MidCap and SmallCap indices declined up to 0.34 percent. Meanwhile, among sectors, the Nifty Metal index was the top NSE gainer, up 1 percent; while the Nifty Oil and Gas index was the top NSE loser, down 4 percent. Read more

MARKET UPDATE: Sensex declined 600 points to the day's low of 59,543 while the Nifty50 slipped below 17,800 level, down 130 points

MARKET UPDATE: Sensex declined 600 points to the day's low of 59,543 while the Nifty50 slipped below 17,800 level, down 130 points

Friday, January 27, 2023

Indian equity markets extended weakness today(27 January 2023), after over a percent decline on Wednesday. The S&P BSE Sensex declined 600 points to the day's low of 59,543 in early deals dragged by Reliance, HDFC twins, and ICICI Bank. The NSE Nifty50 slipped below the 17,800 level, down 130 points. The BSE MidCap and SmallCap indices lost 0.6 percent and 0.9 percent in the broader markets, respectively. Read more

MARKET UPDATE: Sensex hovering around 60,825 levels down 153 points while the Nifty50 at 18,073, down 46 points

MARKET UPDATE: Sensex hovering around 60,825 levels down 153 points while the Nifty50 at 18,073, down 46 points

Wednesday, January 25, 2023

Opening Bell: Indian frontline indices started lower today(25 January 2023) as investors gear up for the monthly F&O expiry later today. The S&P BSE Sensex was hovering around 60,825 levels in early deals, down 153 points or 0.25 percent. The Nifty50, on the other hand, was at 18,073, down 46 points or 0.25 percent. Tata Motors, Maruti Suzuki, Cipla, Bajaj Auto, Hero MotoCorp, and M&M were the top 50-pack gainers, while Adani Enterprises, HCL Tech, Adani Ports, L&T, IndusInd Bank, Infosys, and Tech M remained top laggards. Read more

MARKET UPDATE: Sensex advanced over 300 points to quote at 61,251 levels while the Nifty50 topped the 18,200-mark, rising 80 points

MARKET UPDATE: Sensex advanced over 300 points to quote at 61,251 levels while the Nifty50 topped the 18,200-mark, rising 80 points

Tuesday, January 24, 2023

Indian equities started higher today(24 January 2023) as firm global sentiment swept the domestic markets. The S&P BSE Sensex advanced over 300 points, or 0.5 percent, to quote at 61,251 levels in early deals. The Nifty50, meanwhile, topped the 18,200 mark, rising 80 points or 0.5 percent. Tata Motors, ICICI Bank, Infosys, Tech M, HDFC Bank, IndusInd Bank, and Bajaj Finserv were the large-caps that lifted the frontline indices in early deals, even as Axis Bank, Bharti Airtel, HUL, Nestle India, and Sun Pharma tried to limit gains. In the broader markets, the BSE MidCap and SmallCap indices surged up to 0.2 percent. Read more

MARKET UPDATE: Sensex jumped over 250 points to trade around 60,871 levels while the Nifty50 advanced over 50 points to trade above 18,100 levels

MARKET UPDATE: Sensex jumped over 250 points to trade around 60,871 levels while the Nifty50 advanced over 50 points to trade above 18,100 levels

Monday, January 23, 2023

Opening Bell: Strong global mood, positive early Q3 results, and softening crude oil prices propelled Indian equity markets to start higher in today's( 23 January 2023) trade. Key indices Nifty50 advanced over 50 points to trade above 18,100 levels, whereas the S&P BSE Sensex jumped over 250 points to trade around 60,871 levels. Read more

MARKET UPDATE: Sensex dropped 90 points to trade around 60,767 levels while the Nifty50 was flat below 18,100 levels

MARKET UPDATE: Sensex dropped 90 points to trade around 60,767 levels while the Nifty50 was flat below 18,100 levels

Friday, January 20, 2023

Indian equity markets were flat in today's(20 January 2023) intra-day trade amid mixed global cues. Key indices Nifty50 was flat below 18,100 levels, whereas the S&P BSE Sensex dropped 90 points to trade around 60,767 levels. Broader markets, too, were tepid in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices lowered up to 0.05 percent. Read more

MARKET UPDATE: Sensex extended fall to tumble 250 points to quote at 60,800 while the Nifty50 slipped below the 18,100

MARKET UPDATE: Sensex extended fall to tumble 250 points to quote at 60,800 while the Nifty50 slipped below the 18,100

Thursday, January 19, 2023

Opening bell: Indian equity markets began today's( 19 January 2023) trade on a weaker note as global markets remained on the back foot. After starting over 100 points lower, the S&P BSE Sensex extended its fall to tumble 250 points to quote at 60,800. The Nifty50, meanwhile, slipped below the 18,100 level dragged by Adani Enterprises, Hindalco, Kotak Bank, Titan Company, Bajaj Finserv, Ultratech Cement, Adani Ports, and Eicher Motors. Read more

MARKET UPDATE: Sensex at 60,708 levels up 52 points, while the Nifty50 at 18,076 levels

MARKET UPDATE: Sensex at 60,708 levels up 52 points, while the Nifty50 at 18,076 levels

Wednesday, January 18, 2023

Opening bell: Indian benchmark indices started to trade on a flat-to-positive note today(18 January 2023) amid steady global cues. The S&P BSE Sensex was quoting at 60,708 levels in early deals, up 52 points or 0.09 percent. The Nifty50, meanwhile, was at 18,076 levels. SBI Life, Hindalco, Tata Steel, HCL Tech, UPL, Grasim, and ONGC were the top large-cap gainers, rising in the range of 0.6 percent to 1.7 percent. HDFC Life, M&M, Cipla, Tata Motors, Ultratech Cement, ICICI Bank, and Reliance Industries, meanwhile, were the top laggards, down up to 0.7 percent. Read more

MARKET UPDATE: Sensex advanced over 400 points, to quote at 60,500 levels, while the Nifty50stayed reclaimed the 18,000-mark

MARKET UPDATE: Sensex advanced over 400 points, to quote at 60,500 levels, while the Nifty50stayed reclaimed the 18,000-mark

Tuesday, January 17, 2023

Indian equity indices, which began today's(17 January 2023) trade on a muted note, moved quickly higher. The S&P BSE Sensex advanced over 400 points, after a flat start, to quote at 60,500 levels in mid-morning deals, while the Nifty50 stayed reclaimed the 18,000 mark. HUL, HCL Tech, L&T Reliance Industries, Tech M, and NTPC were the notable gainers on the 30-pack index as they gained between 0.3 percent and 2 percent. On the contrary, Tata Steel, Bajaj Finance, IndusInd Bank, Titan, M&M, Sun Pharma, and Axis Bank fell up to 0.85 percent, capping the upside. Read more

MARKET UPDATE: Sensex quoted near 60,380 levels, up 120 points , while the Nifty50 slipped below the 18,000-mark and was at 17,965

MARKET UPDATE: Sensex quoted near 60,380 levels, up 120 points , while the Nifty50 slipped below the 18,000-mark and was at 17,965

Monday, January 16, 2023

Indian equity markets started higher today(16 January 2023), lifted by HDFC Bank, Bajaj twins, IndusInd Bank, Ultratech Cement, Kotak Bank, Infosys, and HCL Tech. On the downside, Tata Steel, NTPC, Tata Motors, M&M, Power Grid, and Nestle weighed on the bourses. The S&P BSE Sensex, which advanced 295 points in early deals, was off highs and quoted near 60,380 levels, up 120 points or 0.2 percent. The Nifty50, too, slipped below the 18,000 mark and was at 17,965. Read more

MARKET UPDATE: Sensex hovering around 59,637 levels, down 321 points, while the Nifty50 below 17,800 levels

MARKET UPDATE: Sensex hovering around 59,637 levels, down 321 points, while the Nifty50 below 17,800 levels

Friday, January 13, 2023

Indian Equity markets, which started weak today(13 January 2023) as sentiment across Asia remained unenthusiastic this morning, extended fall within minutes. The S&P BSE Sensex opened 100 points lower but is hovering around 59,637 levels, down 321 points or 0.5 percent. The Nifty50, meanwhile, was below 17,800 levels. The benchmarks were bogged down by HCL Tech shares which fell 2 percent. It reported a net profit of Rs 4,096 crore for Q3FY23, an increase of 18.8 percent year-on-year. However, the company brought down its higher end-of-revenue guidance for the 2023 fiscal year. Read more

MARKET UPDATE: Sensex gains 134 points, trsding at 60,239, while the Nifty50 atop 17,900 levels

MARKET UPDATE: Sensex gains 134 points, trsding at 60,239, while the Nifty50 atop 17,900 levels

Thursday, January 12, 2023

Opening bell: Indian benchmark indices started in the green today (12 January 2023) amid supportive global cues. The S&P BSE Sensex was trading with a gain of 134 points, or 0.2 percent, at 60,239 in early deals, while the Nifty50 was atop 17,900 levels. HCL Tech, Titan Company, Wipro, Nestle India, L&T, Maruti Suzuki, and Tech Mahindra led the Sensex gainers, rising between 0.5 percent and 1.7 percent. On the flip side, Asian Paints, Axis Bank, Tata Steel, ICICI Bank, Kotak Bank, and SBI fell the most, down to 1.2 percent. The BSE MidCap and Smallcap indices increased to 0.2 percent in the broader markets. Read more

MARKET UPDATE: Sensex lowered over 100 points to trade below 60,000 levels, while the Nifty50 declined over 30 points to trade below 17,900 levels

MARKET UPDATE: Sensex lowered over 100 points to trade below 60,000 levels, while the Nifty50 declined over 30 points to trade below 17,900 levels

Wednesday, January 11, 2023

Opening bell: Indian markets opened lower in today's(11 January 2023) trade amid tepid foreign flows and rising oil prices. Key indices Nifty50 declined over 30 points to trade below 17,900 levels, whereas the S&P BSE Sensex lowered over 100 points to trade below 60,000 levels. Broader markets, also, were mixed as Nifty SmallCap 100 index outperformed Nifty MidCap 100 index. Read more

MARKET UPDATE: Sensex at 60,484 levels down 263 points, while the Nifty50 hovering around 18,028, down 71 points

MARKET UPDATE: Sensex at 60,484 levels down 263 points, while the Nifty50 hovering around 18,028, down 71 points

Tuesday, January 10, 2023

Opening bell: Equity markets in India began on shaky ground today(10 January 2023) as stock-specific action, amid December quarter results, and mixed global trends swayed sentiment. The S&P BSE Sensex was at 60,484 levels in early deals, down 263 points, while the Nifty50 was hovering around 18,028, down 71 points. Both benchmarks were trading 0.4 percent lower. In the broader market, the BSE MidCap and SmallCap indices were flat with negative bias. Read more

MARKET UPDATE: Sensex advanced over 600 points to trade at 60,542 levels, while the Nifty50 rose over 100 points to trade above 18,000 levels

MARKET UPDATE: Sensex advanced over 600 points to trade at 60,542 levels, while the Nifty50 rose over 100 points to trade above 18,000 levels

Monday, January 9, 2023

Indian markets extended gains in today's(9 January 2023) intra-day trade amid a solid global mood. Key indices Nifty50 rose over 100 points to trade above 18,000 levels, whereas the S&P BSE Sensex advanced 600 points to trade at 60,542 levels. Broader markets, too, edged higher in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices increased up to 1 percent. Read more

MARKET UPDATE: Sensex advanced over 150 points to hit day's high of 60,537 levels, while the Nifty50 gained over 30 points to trade above 18,000 levels

MARKET UPDATE: Sensex advanced over 150 points to hit day's high of 60,537 levels, while the Nifty50 gained over 30 points to trade above 18,000 levels

Friday, January 6, 2023

Indian markets reversed early losses and edged higher in today's(6 January 2023) intra-day trade, supported by gains in index heavyweights like Reliance Industries, ITC, Hindustan Unilever, Mahindra & Mahindra, among many others. While the benchmark index Nifty50 gained over 30 points to trade above 18,000 levels, the S&P BSE Sensex advanced over 150 points to hit the day's high of 60,537. Read more

MARKET UPDATE: Sensex down over 60 points at 60,590 levels, while the Nifty50 was up 5 points at 18,048 level

MARKET UPDATE: Sensex down over 60 points at 60,590 levels, while the Nifty50 was up 5 points at 18,048 level

Thursday, January 5, 2023

Indian benchmark indices, which started with decent gains on Thursday, turned volatile as financial and IT stocks weighed while FMCG stocks lent support. The S&P BSE Sensex was down over 60 points at 60,590 levels after hitting an intra-day high of 60,877. The Nifty50 index, meanwhile, was up 5 points at the 18,048 level. Bajaj Finance was the top laggard on the Sensex index, down over 8 percent, after the consumer finance reported that assets under management (AUM) grew by 27 percent year-on-year (YoY), lower than market expectations, to Rs 2.30 trillion as of December 31, 2022. Read more

MARKET UPDATE: Sensex quoted at 61,100, down 194 points, while the Nifty50 dipped 55 points to trade at 18,177

MARKET UPDATE: Sensex quoted at 61,100, down 194 points, while the Nifty50 dipped 55 points to trade at 18,177

Wednesday, January 4, 2023

Indian equities started flat, but turned sharply lower, in today's ( 4 January 2023) early deals as investors await the minutes of the US Fed's latest policy meeting due later today. The S&P BSE Sensex quoted at 61,100, down 194 points or 0.32 percent, while the Nifty50 dipped 55 points, or 0.3 percent, to trade at 18,177. In the broader markets, the BSE MidCap and SmallCap indices fell up to 0.5 percent. Sector-wise, all but the pharma index was down in the dump. The Nifty Metal and Realty indices lost over 1 percent each. Read more

MARKET UPDATE: Sensex was at 61,177, up 9 points, while the Nifty50 tested 18,200 level

MARKET UPDATE: Sensex was at 61,177, up 9 points, while the Nifty50 tested 18,200 level

Tuesday, January 3, 2023

Indian benchmark indices erased early losses and were flat in today's(3 January 2023) intra-day deals. The S&P BSE Sensex was at 61,177, up 9 points, while the Nifty50 tested the 18,200 level. HDFC Life, Bajaj Finance, Axis Bank, Cipla, Tata Motors, Divis Labs, and SBI were the top Nifty50 gainers as they rose up to 3 percent. On the flip side, ONGC, JSW Steel, Tata Steel, Reliance Industries, ITC, and Bharti Airtel, which fell from 0.4 percent to 1 percent, weighed on the index. Read more

CLOSING BELL: Sensex closed 327 points higher at 61,168 and Nifty 50 closed at 18,197, up 92 points

CLOSING BELL: Sensex closed 327 points higher at 61,168 and Nifty 50 closed at 18,197, up 92 points

Monday, January 2, 2023

Closing Bell: For domestic equities, the first trading session of 2023 turned out positive as the frontline indices closed with firm gains today(2 January 2023). The BSE Sensex swung to a low of 60,765 during the day before gaining strength to close 327 points higher at 61,168. Though this was off the day's high of 61,223. The NSE Nifty touched a low of 18,086 but bounced back to close at 18,197, up 92 points. Overall, the trade was undecisive throughout the session due to a lack of global triggers with most markets being closed on account of the new year holiday. Read more

MARKET UPDATE: Sensex was up over 100 points at 60,982 levels, while the Nifty50 was near 18,150, up 42 points

MARKET UPDATE: Sensex was up over 100 points at 60,982 levels, while the Nifty50 was near 18,150, up 42 points

Monday, January 2, 2023

Indian benchmark indices, which started on a quiet note today(02 January 2023) amid thin global trade, were volatile in the trade as selling in financial services, IT, FMCG, and pharma stocks weighed, while metal stocks lent support. The S&P BSE Sensex was up over 100 points at 60,982 levels, while the Nifty50 was near 18,150, up 42 points. In the broader markets, the BSE MidCap and Smallcap indices gained 0.07 percent and 0.12 percent, respectively. The volatility index, India VIX, advanced nearly 4 percent. Read more

CLOSING BELL: Sensex ended the day with a loss of 293 points at 60,841 and the Nifty 50 settled 86 points lower on the last trading day of the year

CLOSING BELL: Sensex ended the day with a loss of 293 points at 60,841 and the Nifty 50 settled 86 points lower on the last trading day of the year

Saturday, December 31, 2022

Closing bell: After starting on an optimistic note, given the positive mood in global markets, the S&P BSE Sensex rallied to a high of 61,393 in today’s( 30 December 2922) morning trades. The benchmark index, after that, pared gains and slipped into the negative zone as the day progressed owing to weakness in index heavyweights ICICI Bank and HDFC twins. A heavy bout of selling in late trades saw the BSE index plunge to a low of 60,744 – 293 points from the day’s high. The Sensex finally ended the day with a loss of 293 points at 60,841. Despite the day’s loss, the BSE benchmark managed to gain 1.7 percent this week and also signed off the year 2022 on a winning note – 4.4 percent higher. Read more

MARKET UPDATE: Sensex rose over 150 points to trade at 61,292 levels and the Nifty50 climbed over 50 points to trade above 18,200 levels

MARKET UPDATE: Sensex rose over 150 points to trade at 61,292 levels and the Nifty50 climbed over 50 points to trade above 18,200 levels

Friday, December 30, 2022

Opening Bell: Indian markets opened higher in today's(30 December 2022) trade amid strong global cues. Key indices Nifty50 climbed over 50 points to trade above 18,200 levels, whereas the S&P BSE Sensex rose over 150 points to trade at 61,292 levels. Broader markets, too, inched higher as Nifty MidCap 100 and Nifty SmallCap 100 indices advanced up to 1 percent. Read more

CLOSING BELL: Sensex ended with a gain of 224 points at 61,134 and the Nifty 50 settled 69 points higher at 18,191

CLOSING BELL: Sensex ended with a gain of 224 points at 61,134 and the Nifty 50 settled 69 points higher at 18,191

Thursday, December 29, 2022

After languishing in the negative zone for the major part of today's(29 December 2022) trading sessions, the key benchmark indices rebounded and ended near the highs of the day led by gains in select banks and metal shares. The S&P BSE Sensex slipped to a low of 60,479 in morning deals, mirroring the weak cues from global markets. However, renewed buying interest, coupled with short-covering owing to the monthly F&O expiry saw the BSE benchmark rally to a high of 61,211 in late deals – up 732 points from the day’s low. The Sensex finally ended with a gain of 224 points at 61,134. The NSE Nifty 50 surged to a high of 18,211, from a low of 17,993, and eventually settled 69 points higher at 18,191. Read more

MARKET UPDATE: Sensex dropped over 300 points to trade at 60,608 levels and the Nifty50 declined over 50 points to trade below 18,050 levels

MARKET UPDATE: Sensex dropped over 300 points to trade at 60,608 levels and the Nifty50 declined over 50 points to trade below 18,050 levels

Thursday, December 29, 2022

Opening Bell: Indian markets opened lower in today's(29 December 2022) trade amid weak global cues. Key indices Nifty50 declined over 50 points to trade below 18,050 levels, whereas the S&P BSE Sensex dropped over 300 points to trade at 60,608 levels. Broader markets, too, lost in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.4 percent. Volatility gauge, India VIX, climbed over 1 percent. Sector-wise barring the Nifty Pharma index, which held marginal gains in a weak market, all sectors plunged into the sea of red. Read more

MARKET UPDATE: BSE benchmark hit a high of 60,834 – up 1,080 points from the day’s low and the Nifty50 rallied 310 points in intra-day trades, and settled with a gain of 208 points, reclaiming the 18,000-mark

Monday, December 26, 2022

After four days of decline, the key benchmark indices bounced back in trade today led by financial and energy shares. The S&P BSE Sensex dipped to a low of 59,754 in opening deals, but soon rebounded and marched higher for most of the trading session. The BSE benchmark hit a high of 60,834 – up 1,080 points from the day’s low. Despite trimming some gains towards the fag end of the day, the Sensex finished 721 points higher at 60,566. In the process, the Sensex snapped its four-day losing streak, wherein the BSE benchmark had shed 1,961 points. The NSE Nifty 50 rallied 310 points in intra-day trades and eventually settled with a gain of 208 points, thus reclaiming the 18,000 mark. Read more

MARKET UPDATE: Sensex lowered over 300 points to trade at 60,497 levels and the Nifty50 declined over 50 points to trade below 18,050 levels

MARKET UPDATE: Sensex lowered over 300 points to trade at 60,497 levels and the Nifty50 declined over 50 points to trade below 18,050 levels

Friday, December 23, 2022

Opening Bell: Indian markets opened lower today(23 December 2022) amid weak global cues. Key indices Nifty50 declined over 50 points to trade below 18,050 levels, whereas the S&P BSE Sensex lowered over 300 points to trade at 60,497 levels. Broader markets, too, followed the trend as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 1 percent. Volatility gauge, India VIX, meanwhile, climbed over 3 percent. Read more

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

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

MARKET UPDATE: Sensex advanced over 200 points to trade at 61,929 levels and the Nifty50 climbed over 50 points to trade above 18,450 levels

MARKET UPDATE: Sensex advanced over 200 points to trade at 61,929 levels and the Nifty50 climbed over 50 points to trade above 18,450 levels

Wednesday, December 21, 2022

Opening Bell: Indian markets opened higher in today's(21 December 2022) trade amid mixed global cues. Key indices Nifty50 climbed over 50 points to trade above 18,450 levels, whereas the S&P BSE Sensex advanced over 200 points to trade at 61,929 levels. Broader markets also climbed up in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.5 percent each. Volatility gauge, India VIX, meanwhile, slipped over 1 percent. Read more

MARKET UPDATE: Sensex lowered over 300 points to trade at 61,502 levels and the Nifty50 declined over 50 points to trade below 18,350 levels

MARKET UPDATE: Sensex lowered over 300 points to trade at 61,502 levels and the Nifty50 declined over 50 points to trade below 18,350 levels

Tuesday, December 20, 2022

Opening Bell: Indian markets opened lower in today's( 20 December 2022) trade amid weak global cues. Key indices Nifty50 declined over 50 points to trade below 18,350 levels, whereas the S&P BSE Sensex lowered over 300 points to trade at 61,502 levels. Broader markets, also, edged lower as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.2 percent. Volatility gauge, India VIX, meanwhile, climbed over 1 percent. sector wise all sectors were in red, with Nifty IT and Nifty PSU Bank indices declining the most, up to 0.6 percent. Read more

MARKET UPDATE: Sensex advanced over 250 points to trade at 61,592 levels and the Nifty50 climbed over 50 points to trade above 18,300 level

MARKET UPDATE: Sensex advanced over 250 points to trade at 61,592 levels and the Nifty50 climbed over 50 points to trade above 18,300 level

Monday, December 19, 2022

Indian markets inched higher in today's( 19 December 2022) intra-day trade, supported by gains across index-heavyweights like ITC, Hindustan Unilever, Bajaj Twins, Maruti Suzuki, and Bharti Airtel. Key indices Nifty50 climbed over 50 points to trade above 18,300 levels, whereas the S&P BSE Sensex advanced over 250 points to trade at 61,592 levels. Broader markets were mixed as Nifty SmallCap 100 index outperformed Nifty MidCap 100 index. Sectorwise, Nifty PSU Bank, Nifty IT, and Nifty Pharma indices were muted in trade. However, Nifty FMCG and Nifty Media indices gained up to 0.8 percent. Read more

MARKET UPDATE: Sensex lowered over 300 points to trade at 61,480 levels and the Nifty50 declined over 50 points to trade below 18,350 levels

MARKET UPDATE: Sensex lowered over 300 points to trade at 61,480 levels and the Nifty50 declined over 50 points to trade below 18,350 levels

Friday, December 16, 2022

Opening Bell: Indian markets opened lower in today's (16 December 2022) trade amid weak global cues and subdued foreign flows. Key indices Nifty50 declined over 50 points to trade below 18,350 levels, whereas the S&P BSE Sensex lowered over 300 points to trade at 61,480 levels. Broader markets, too, followed the Nifty MidCap 100 and Nifty SmallCap 100 indices and fell up to 0.5 percent. Volatility gauge, India VIX, meanwhile, shot over 1 percent. Sectorwise all sectors were in the sea of red, with the Nifty IT index declining over 1 percent in trade. Among individual stocks, shares of Reliance Industries gained over 1 percent after the conglomerate's retail arm launched the FMCG brand 'Independence' in Gujarat. In addition, shares of Asian Paints declined over 1 percent after prices of Brent Crude climbed to $82 per barrel.

MARKET UPDATE: Sensex fell 50 points to 62,364, and the Niftyslipped 11 points to 18,550

MARKET UPDATE: Sensex fell 50 points to 62,364, and the Niftyslipped 11 points to 18,550

Thursday, December 8, 2022

Opening bell: Indian equity markets opened nearly flat with a fractional downtick today(8 December 2022), tracking mixed global cues. The BSE Sensex fell 50 points to 62,364, and the NSE Nifty50 slipped 11 points to 18,550. Kotak Bank, Power Grid, Bharti Airtel, and TCS were the top laggards on the Sensex, down up to 1 percent, while SBI Life and HDFC Life were the additional top losers on the Nifty. On the downside, IndusInd Bank, ICICI Bank, L&T, Bajaj Finserv, M&M, Tata Steel, Eicher Motors, and Adani Ports were the leading gainers across the two indices. Read more

MARKET UPDATE: Sensex fell 30 points to 62,592, and the Nifty slipped 12 points to 18,630

MARKET UPDATE: Sensex fell 30 points to 62,592, and the Nifty slipped 12 points to 18,630

Wednesday, December 7, 2022

Opening bell: Equity markets in India opened nearly unchanged today (7 December 2022) as investors remained cautious ahead of the Reserve Bank of India's monetary policy decision. The BSE Sensex fell 30 points to 62,592, and the NSE Nifty50 slipped 12 points to 18,630. HCL Tech, Wipro, NTPC, TCS, Tech M, and Kotak Bank were the top laggards on the Sensex, down up to 0.7 percent, while ONGC was the top Nifty loser. On the downside, Asian Paints, L&T, ICICI Bank, SBI, Ultratech Cement, Sun Pharma, Cipla, and BPCL were the top gainers across the two indices. The broader markets, meanwhile, outweighed the frontline indices. The BSE MidCap and SmallCap indices rose up to 0.2 percent.

MARKET UPDATE: Sensex fell 300 points to 62,542, and the Nifty slipped 80 points to 18,619

MARKET UPDATE: Sensex fell 300 points to 62,542, and the Nifty slipped 80 points to 18,619

Tuesday, December 6, 2022

The Indian frontline indices held early losses today(6 December 2022) after global stocks declined as a hotter-than-expected US services activity raised bets for continued rate hikes by the Federal Reserve. The BSE Sensex fell 300 points to 62,542, and the NSE Nifty50 slipped 80 points to 18,619. The broader markets, too, opened weakly. The BSE MidCap was down 0.16 percent, and the SmallCap index was flat. Sectorwise, Nifty IT slipped the most with a loss of 0.9 percent, followed by the metal index, while the PSB pocket was the sole winner, up 0.8 percent. Among stocks, IRB Infrastructure Developers rose over 3 percent after its yearly toll collections came 39 percent higher at Rs 366 crore.

MARKET UPDATE: Sensex fell 200 points to 62,643, and the Nifty slipped 60 points to 18,630

MARKET UPDATE: Sensex fell 200 points to 62,643, and the Nifty slipped 60 points to 18,630

Monday, December 5, 2022

The Indian equities traded with nominal losses today( 5 December 2022), underperforming other Asian markets that gained on hopes of ease in China's Covid-19 restrictions. The BSE Sensex fell 200 points to 62,643, and the NSE Nifty50 slipped 60 points to 18,630. HDFC, HUL, Asian Paints, Nestle, Power Grid, M&M, and TCS were the top laggards on the Sensex, down up to 1 percent, while SBI Life and Hero Moto were the additional Nifty losers. On the downside, Tata Steel, IndusInd Bank, SBI, ICICI Bank, NTPC, Hindalco, JSW Steel, and UPL were the top outperformers across the two frontline indices. Read more

MARKET UPDATE: Sensex fell 200 points to 62,934, and the NSE Nifty50 slipped 95 points to 18,716

MARKET UPDATE: Sensex fell 200 points to 62,934, and the NSE Nifty50 slipped 95 points to 18,716

Friday, December 2, 2022

The Indian equities held losses in today's(December 2022) trade following a weak open in line with falling global markets. The BSE Sensex fell 200 points to 62,934, and the NSE Nifty50 slipped 95 points to 18,716. Maruti, Ultratech Cement, HDFC, Power Grid, TCS, ICICI Bank, and HUL led losses on the Sensex, down up to 1.6 percent, while Eicher Motors and Divi's Labs were the top additional drags on the Nifty, up to 2 percent lower. On the flip side, IndusInd Bank, RIL, ONGC, Hindalco, BPCL, Tata Steel, and Dr. Reddy were the handful of gainers across the two benchmark indices. Read more

MARKET UPDATE: Sensex rose over 350 points to 63,500, and the Nifty gained nearly 100 points to 18,850

MARKET UPDATE: Sensex rose over 350 points to 63,500, and the Nifty gained nearly 100 points to 18,850

Thursday, December 1, 2022

Opening bell: Positive start was observed in Dalal Street today(1 December 2022) led by upbeat global market sentiment following US Fed Chair Powell's remarks that the central bank could begin undertaking smaller rate hikes from December. The BSE Sensex rose over 350 points to 63,500, and the NSE Nifty50 gained nearly 100 points to 18,850. The IT pack led gains on the Sensex with Tech M, Infosys, Wipro, HCL Tech, and TCS rising 1-2 percent. On the downside, Asian Paints, HUL, Maruti, and M&M were the handful of losers, down up to 0.4 percent. Read more

MARKET UPDATE: Sensex added 26 points to quote at 62,708 levels and Nifty started around 18,640 levels, up 22 points

MARKET UPDATE: Sensex added 26 points to quote at 62,708 levels and Nifty started around 18,640 levels, up 22 points

Wednesday, November 30, 2022

Opening bell: Today(30 November 2022) Indian equity markets sow a muted start led by a quiet global mood. The S&P BSE Sensex added 26 points to quote at 62,708 levels in early deals, while the Nifty50 index started around 18,640 levels, up 22 points. In the broader markets, the BSE MidCap and SmallCap indices gained 0.32 percent, and 0.4 percent, respectively. sector-wise, all but the Nifty IT was in green. While the index slipped 0.12 percent, the Nifty Metal index rose 0.7 percent, followed by the Nifty Bank, Auto, Financial Services, and Pharma indices, all up 0.4 percent each. Read more

MARKET UPDATE: Sensex rose over 200 points to its new high for a fourth day at 62,724 and Nifty gained 70 points to 18,631, its fresh high for a second session

MARKET UPDATE: Sensex rose over 200 points to its new high for a fourth day at 62,724 and Nifty gained 70 points to 18,631, its fresh high for a second session

Tuesday, November 29, 2022

Extending early gains, the BSE Sensex rose over 200 points to its new high for the fourth day at 62,724, and the NSE Nifty50 gained 70 points to 18,631, its fresh high for a second session. Titan, ITC, M&M, ICICI Bank, Sun Pharma, and Dr Reddy's were the top winners on the Sensex, up to 1 percent higher, while Hindalco, Britannia, and Cipla were the top Nifty gainers. On the downside, Maruti, Tata Motors, Bajaj Finserv, IndusInd Bank, L&T, Wipro, and Reliance were the leading losers across the two benchmarks. Read more

MARKET UPDATE: Sensex fell 130 points to 62,161 and Nifty slipped 30 points to 18,480

MARKET UPDATE: Sensex fell 130 points to 62,161 and Nifty slipped 30 points to 18,480

Monday, November 28, 2022

Opening bell: The key benchmark indices turned flat after a lower start today (28 November 2022) as select heavyweights lent support. The BSE Sensex fell 130 points to 62,161 and the NSE Nifty50 slipped 30 points to 18,480. HDFC twins, TCS, IndusInd Bank, Titan, and Infosys were the top laggards on the Sensex, while M&M, Wipro, Maruti, and Reliance were the leading outperformers, rising up to 1 percent. On the Nifty, Hero Moto, BPCL, Bajaj Auto, and SBI Life were the top winners, up to 3 percent higher, while Hindalco, JSW Steel, and Apollo Hospitals slipped up to 2 percent. Read more

MARKET UPDATE: Sensex rose over 100 points to trade at 61,647 levels and Nifty climbed over 40 points to trade above 18,300 levels

MARKET UPDATE: Sensex rose over 100 points to trade at 61,647 levels and Nifty climbed over 40 points to trade above 18,300 levels

Thursday, November 24, 2022

Opening Bell: Indian markets inched higher today (24 November 2022) after dovish US FOMC minutes cheered global stocks. Key indices Nifty50 climbed over 40 points to trade above 18,300 levels and the S&P 500 rose over 100 points to trade at 61,647 levels. Broader markets, too, followed a similar trend as Nifty SmallCap 100 and Nifty MidCap 100 surged up to 0.4 percent. Volatility gauge, India VIX, meanwhile, declined over 4 percent. All sectors started to trade on a positive note with Nifty Media, Nifty Auto, and Nifty PSU Bank indices leading the charge. Read more

MARKET UPDATE: Sensex advanced over 100 points to trade at 61,519 levels and Nifty climbed over 20 points to trade above 18,250 levels

MARKET UPDATE: Sensex advanced over 100 points to trade at 61,519 levels and Nifty climbed over 20 points to trade above 18,250 levels

Wednesday, November 23, 2022

Indian equity markets traded higher in today's ( 23 November 2022) intra-day trade amid strong global cues. Key indices Nifty50 climbed over 20 points to trade above 18,250 levels and the S&P BSE Sensex advanced over 100 points to trade at 61,519 levels. A similar resilience was seen across broader markets as Nifty MidCap 100 and Nifty SmallCap 100 gained up to 0.3 percent. The volatility index, India VIX, meanwhile, slipped in red. Sectorwise, Nifty PSU Bank and Nifty Media indices gained the most, up to 1 percent. Nifty FMCG, Nifty IT, and Nifty Metal indices, however, were subdued. Read more

MARKET UPDATE: Sensex advanced over 40 points to trade at 61,190 levels and Niftyclimbed over 10 points to trade flat above 18,150 levels

MARKET UPDATE: Sensex advanced over 40 points to trade at 61,190 levels and Niftyclimbed over 10 points to trade flat above 18,150 levels

Tuesday, November 22, 2022

Opening Bell: Indian equity markets opened volatile in today's(22 November 2022) trade amid mixed global cues. Key indices Nifty50 climbed over 10 points to trade flat above 18,150 levels and the S&P BSE Sensex advanced over 40 points to trade at 61,190 levels. Broader markets, meanwhile, outperformed benchmark indices as Nifty SmallCap 100 and Nifty MidCap 100 indices surged up to 0.2 percent. Sector-wise, Nifty IT, Nifty Metal, and Nifty Realty indices slipped the most -- up to 0.5 percent. Nifty PSU Bank and Nifty Auto indices, however, gained up to 0.9 percent. Read more

MARKET UPDATE: Sensex lowered over 450 points to trade at 61,209 levels and Nifty declined over 100 points to trade below 18,200 levels

MARKET UPDATE: Sensex lowered over 450 points to trade at 61,209 levels and Nifty declined over 100 points to trade below 18,200 levels

Monday, November 21, 2022

Indian equity markets were lower in today's (21 November 2022) intra-day trade, weighed down by index heavyweights like ITC, Reliance Industries, HDFC Twins, TCS, and Tech Mahindra. Key indices Nifty50 declined over 100 points to trade below 18,200 levels and the S&P BSE Sensex lowered over 450 points to trade at 61,209 levels. Broader markets, meanwhile, were volatile as Nifty SmallCap 100 index outperformed Nifty MidCap 100 index. The volatility gauge, India VIX, on the other hand, climbed over 4 percent. Sector-wise all sectors plunged into negative territory with Nifty Auto, Nifty Pharma, Nifty IT, and Nifty FMCG indices dropping up to 1 percent. Read more

MARKET UPDATE: Sensex slipped over 150 points to hit day's low of 61,587 levels and Nifty declined over 40 points to trade below 18,300 levels

MARKET UPDATE: Sensex slipped over 150 points to hit day's low of 61,587 levels and Nifty declined over 40 points to trade below 18,300 levels

Friday, November 18, 2022

Indian equity markets erased early gains and turned volatile in today's(18 November 2022) intra-day trade amid mixed global cues and softened crude oil prices. Key indices Nifty50 declined over 40 points to trade below 18,300 levels, whereas the S&P BSE Sensex slipped over 150 points to hit the day's low of 61,587 levels. Broader markets, too, joined the weak market mood as Nifty MidCap 100 and Nifty SmallCap 100 indices slipped up to 0.1 percent. The volatility index, India VIX, meanwhile, slipped over 2 percent. sector-wise all sectors shifted between gains and losses. While Nifty PSU Bank, Nifty Media, and Nifty Bank indices gained up to 1 percent in trade; Nifty Auto, Nifty FMCG, and Nifty IT indices dropped up to 0.5 percent. Read more

MARKET UPDATE: Sensex shed over 100 points to trade at 61,858 levels and Nifty slipped over 40 points to trade below 18,400 levels

MARKET UPDATE: Sensex shed over 100 points to trade at 61,858 levels and Nifty slipped over 40 points to trade below 18,400 levels

Thursday, November 17, 2022

Opening Bell: Indian equity markets opened lower in today's(17 November 2022) trade amid weak global cues. Key indices Nifty50 slipped over 40 points to trade below 18,400 levels and the S&P BSE Sensex shed over 100 points to trade at 61,858 levels. Broader markets, too, lowered in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.1 percent. Volatility gauge, India VIX, meanwhile, climbed over 1 percent. Sectorwise barring Nifty Pharma and Nifty FMCG indices, all sectors nosedived into negative territory. Nifty Auto, Nifty Bank, and Nifty IT indices slipped the most - up to 0.5 percent in trade. Read more

MARKET UPDATE: Sensex fell 140 points to 61,730, and Nifty slipped 37 points to 18,366

MARKET UPDATE: Sensex fell 140 points to 61,730, and Nifty slipped 37 points to 18,366

Wednesday, November 16, 2022

Equity markets in India opened lower today (16 November 2022) tracking losses in other Asian markets, which declined as reports of Russian missile striking Poland raised geo-political tensions. The BSE Sensex fell 140 points to 61,730, and the NSE Nifty50 slipped 37 points to 18,366. The broader markets, meanwhile, outperformed frontline indices. The BSE MidCap and SmallCap indices were up to 0.22 percent higher. Sectorwise, Nifty Oil & Gas weakened the most, down 0.5 percent. FMCG, Financials also edged lower. While the Auto, PSB, and Consumer Durable indices gained. Among stocks, Bharat Electronics rose nearly 2 percent after the company signed 4 separate MoUs to supply defense equipment.

MARKET UPDATE: Sensex down 150 points to 61,475, and the Nifty moved 30 points lower to 18,300

MARKET UPDATE: Sensex down 150 points to 61,475, and the Nifty moved 30 points lower to 18,300

Tuesday, November 15, 2022

Equity markets were volatile in today's(15 November 2022) trade despite positive moves across their global peers. The BSE Sensex was down 150 points to 61,475, and the NSE Nifty50 moved 30 points lower to 18,300. The broader markets were largely flat. The BSE MidCap was down 0.03 percent and the SmallCap index held similar gains. Sector-wise movements were also muted with the highest gains in the Nifty Auto index, which was up 0.5 percent. While FMCG and Realty, indices were the sole losers with downward of 0.6 percent and 0.4 percent, respectively. Read more

MARKET UPDATE: Sensex fell 47 points to 61,748, while Nifty unchanged at 18,344

MARKET UPDATE: Sensex fell 47 points to 61,748, while Nifty unchanged at 18,344

Monday, November 14, 2022

Opening Bell: Indian Equity markets opened flat today(14 November 2022) as investors await retail and wholesale inflation readings for October. The BSE Sensex fell 47 points to 61,748, while the NSE Nifty was nearly unchanged at 18,344. Among the 30-Sensex constituents, Tata Steel, PowerGrid, M&M, Kotak Bank, and IndusInd Bank opened with the most gains (up to 2 percent higher ). While Hindalco, Apollo Hospitals, and JSW Steel were the additional frontrunners on the Nifty index. Dr. Reddy's, SBI, Divis's Labs, Sun Pharma, ITC, and Maruti Suzuki were the top drags across the two frontline indices, up to x percent lower. In the broader market, the BSE midcap and smallcap indices held fractional cuts, down up to 0.3 percent. Read more

CLOSING BELL: Sensex leaps 1,181 pts to a fresh 52-week high of 61,841 and Nifty touched 18,362 amid global rally

CLOSING BELL: Sensex leaps 1,181 pts to a fresh 52-week high of 61,841 and Nifty touched 18,362 amid global rally

Friday, November 11, 2022

Indian equities rose in tune with global peers after the release of US inflation data in October raised investor hopes that inflation has peaked. Except for a minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around a 4 percent surge. Meanwhile, HDFC twins, information technology (IT), and other heavyweights including Reliance Industries, Tata Steel, L&T, and Bajaj twins propelled the S&P BSE Sensex to a fresh 52-week high of 61,841, while the Nifty50 touched 18,362. The indices, eventually, ended at 61,795, and 18,350 levels, up 1,181 points and 322 points, respectively. In the broader markets, the BSE MidCap, and the BSE SmallCap indices added 0.15 percent, and 0.33 percent, respectively, as against the frontline indices' 2-per cent gain. Read more

MARKET UPDATE: Nifty50 surged over 250 points to trade above 18,300 levels and the Sensex advanced over 1,000 points to hit 52-week high of 61,685 levels

MARKET UPDATE: Nifty50 surged over 250 points to trade above 18,300 levels and the Sensex advanced over 1,000 points to hit 52-week high of 61,685 levels

Friday, November 11, 2022

Opening Bell: Indian markets were driven higher by bulls in today's(11 November 2022) trade amid strong global cues coupled with a weaker dollar. Key indices Nifty50 surged over 250 points to trade above 18,300 levels and the S&P Sensex advanced over 1,000 points to hit a 52-week high of 61,685 levels. Broader markets, too, cheered in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed over 1 percent each. Volatility gauge, India VIX, meanwhile, slipped over 4 percent. All sectors swam in a sea of green, with the Nifty IT index leading at the forefront, up over 3 percent. Among individual stocks, shares of Zomato surged over 7 percent after the company's net loss narrowed to Rs 251 crore in Q2FY23. Read more

CLOSING BELL: Sensex closed at 60,614 levels, down by 420 points and Nifty50 fell 121 points to shut shop at 18,036

CLOSING BELL: Sensex closed at 60,614 levels, down by 420 points and Nifty50 fell 121 points to shut shop at 18,036

Thursday, November 10, 2022

Closing Bell: Global stock markets, including Indian, remained subdued today(10 November 2022) as nervousness in the cryptocurrency markets spilled over into equities. In addition, investors' interpretation of the incoming results from the US mid-term elections kept the sentiment in check. Further, the sentiment was also impacted due to nervousness ahead of US CPI data for October. A higher-than-expected print can see the US Fed hike rates more than consensus estimates in its December policy review. That apart, the weekly F&O expiry, back home, was also partly responsible for the overall weak sentiment. The S&P BSE Sensex closed at 60,614 levels today, down by 420 points or 0.69 percent. It had hit a low of 60,425.47 during the day. The NSE Nifty50, on the other hand, fell 121 points, or 0.66 percent, to shut shop at 18,036. The index breached below the 18,000 mark during the day to hit a low of 17,969.40. Read more

MARKET UPDATE: Nifty50 declined over 50 points to trade below 18,100 levels, whereas the Sensex tumbled over 400 points to trade below 61,000 levels

MARKET UPDATE: Nifty50 declined over 50 points to trade below 18,100 levels, whereas the Sensex tumbled over 400 points to trade below 61,000 levels

Thursday, November 10, 2022

Opening Bell: Indian markets were weighed down by Bears in today's( 10 November 2022) trade amid weak global cues. Key indices Nifty50 declined over 50 points to trade below 18,100 levels, whereas the S&P BSE Sensex tumbled over 400 points to trade below 61,000 levels. Broader markets, too, slipped in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices slipped up to 0.7 percent. Volatility gauge, India VIX, meanwhile, gained over 1 percent. Barring the Nifty Pharma index, all sectors plunged into negative territory, with the Nifty Auto index declining the most, over 1 percent. Read more

CLOSING BELL: Sensex fell 152 points to 61,033 and Nifty50 shut shop at 18,157, down 46 points

CLOSING BELL: Sensex fell 152 points to 61,033 and Nifty50 shut shop at 18,157, down 46 points

Wednesday, November 9, 2022

Equities turned lower at the fag-end of the session with the S&P BSE Sensex falling 152 points, or 0.25 percent, to 61,033. The Nifty50, meanwhile, shut shop at 18,157, down 46 points or 0.25 percent. Both the indices had hit an intra-day high of 61,447, and 18,296, respectively. In the broader markets, the BSE MidCap, and the BSE SmallCap indices slipped 0.5 percent, and 0.3 percent, respectively. Sectorally, all indices, except banking stocks were in the red. The Nifty PSU Bank index surged nearly 4 percent, while the Nifty Bank added 0.25 percent. The Nifty Realty index was the worst hit, down 1.4 percent. Read more

MARKET UPDATE: Sensex advanced over 150 points to trade above 61,350 levels and Nifty50 climbed over 50 points to trade above 18,250 levels

MARKET UPDATE: Sensex advanced over 150 points to trade above 61,350 levels and Nifty50 climbed over 50 points to trade above 18,250 levels

Wednesday, November 9, 2022

Opening Bell: Indian equity markets edged higher in today's(9 November 2022) trade amid strong global cues. Key indices like Nifty50 climbed over 50 points to trade above 18,250 levels and the S&P BSE Sensex advanced over 150 points to trade above 61,350 levels. Broader markets, however, were mixed as Nifty SmallCap 100 index slipped marginally to underperform the Nifty MidCap 100 index. All sectors started to trade on a positive note, with Nifty Pharma and Nifty Realty indices gaining up to 1 percent. Among individual stocks, shares of PB Fintech surged over 5 percent after the company saw losses narrow to Rs 186.64 crore in Q2FY23. Besides, shares of BLS International soared over 5 percent after the company's net profit jumped 83.3 percent YoY to Rs 50.37 crore in Q2FY23.

CLOSING BELL: Sensex settled at 61,185, up 235 points and Nifty50 closed at 18,203, up 86 points

CLOSING BELL: Sensex settled at 61,185, up 235 points and Nifty50 closed at 18,203, up 86 points

Monday, November 7, 2022

CLOSING BELL: Indian equities were lackluster in trade today(7 November 20022) as markets began on a cautious note in a holiday-truncated week. The S&P BSE Sensex gyrated between 60,714 and 61,401 levels, before settling at 61,185, up 235 points or 0.39 percent. The Nifty50, on the other hand, moved in a band of 200 points and closed at 18,203, up 86 points or 0.47 percent. The losses in Asian Paints, Bajaj Finserv, Kotak Bank, Sun Pharma, Titan, Dr. Reddy's Labs, IndusInd Bank, and Infosys were offset by gains in SBI, Tata Steel, ICICI Bank, Maruti Suzuki, Ultratech Cement, M&M, PowerGrid, and HDFC. Sectorally, the Nifty PSU Bank index sharply outperformed other indices as it gained 4.5 percent. The Nifty Metal index advanced 1.6 percent, while the Nifty Auto index gained 1.3 percent. The Nifty Pharma index was the only loser, down 1.4 percent. Meanwhile, in the broader markets, the BSE MidCap and SmallCap indices added 0.6 percent each.

MARKET UPDATE: Sensex advanced over 300 points to trade at 61,290 levels and Nifty50 climbed over 100 points to trade above 18,200 levels

MARKET UPDATE: Sensex advanced over 300 points to trade at 61,290 levels and Nifty50 climbed over 100 points to trade above 18,200 levels

Monday, November 7, 2022

Indian equity markets trimmed gains in today's(7 November 2022) intra-day trade, however, traded in the positive territory. Key indices Nifty50 climbed over 100 points to trade above 18,200 levels and the S&P BSE Sensex advanced over 300 points to trade at 61,290 levels. Broader markets, too, jumped in tandem as Nifty MidCap 100 and Nifty SmallCap indices gained up to 0.7 percent. Barring Nifty IT and Nifty Pharma indices, all sectors traded on a positive note. The nifty PSU Bank index gained the most, up over 5 percent. Among individual stocks, shares of SBI gained over 5 percent after the lender's net profit rose 74 percent year-on-year (YoY) to Rs 13,265 crore in Q2FY23. Besides, shares of Britannia Industries zoomed 10 percent to hit an all-time high of Rs 4,181.4 per share, after the company reported robust revenue growth in Q2FY23.

MARKET UPDATE: Sensex lowered over 100 points to hit a low of 60,697 levels and Nifty50 declined over 10 points to trade below 18,050 levels

MARKET UPDATE: Sensex lowered over 100 points to hit a low of 60,697 levels and Nifty50 declined over 10 points to trade below 18,050 levels

Friday, November 4, 2022

Indin equity markets wiped off early gains and inched lower in today's(4 November 20222) intra-day trade amid mixed global cues. Key indices Nifty50 declined over 10 points to trade below 18,050 levels, whereas the S&P BSE Sensex lowered over 100 points to hit a low of 60,697 levels. Broader markets, meanwhile, were volatile as Nifty SmallCap 100 index outperformed Nifty MidCap 100 index. All sectors shifted between gains and losses. While the Nifty Metal index gained the most, over 1 percent; the Nifty IT index declined the most, over 1 percent. Read more

MARKET UPDATE: Sensex gained over 50 points to trade at 60,964 levels and Nifty50 declined over 18 points to trade above 18,000 levels

MARKET UPDATE: Sensex gained over 50 points to trade at 60,964 levels and Nifty50 declined over 18 points to trade above 18,000 levels

Thursday, November 3, 2022

Indin equity markets reversed opening losses and edged up in today's(3rd November 2022) intra-day trade, supported by gains across index heavyweights like Bajaj Twins, Maruti Suzuki, Hindustan Unilever, and ITC. Key indices Nifty50 declined over 18 points to trade above 18,000 levels and the S&P BSE Sensex gained over 50 points to trade at 60,964 levels. Broader markets, too, advanced in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.5 percent. All sectors shifted between gains and losses. Nifty PSU Bank, Nifty Media, and Nifty FMCG indices were at the forefront as they surged up to 1 percent. Nifty IT, Nifty Realty, and Nifty Pharma indices, however, slipped up to 1 percent. Read more

MARKET UPDATE: Sensex lowered over 100 points to trade below 61,000 levels and Nifty50 declined over 20 points to trade flat below 18,140

MARKET UPDATE: Sensex lowered over 100 points to trade below 61,000 levels and Nifty50 declined over 20 points to trade flat below 18,140

Wednesday, November 2, 2022

Key indices Nifty50 declined over 20 points to trade flat below 18,140 and the S&P BSE Sensex lowered over 100 points to trade below 61,000 levels. Broader markets, however, were fractionally higher as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.2 percent. All sectors shifted between gains and losses, with Nifty Pharma and Nifty Media indices advancing over 1 percent each. Nifty IT, Nifty Auto, and Nifty PSU Bank indices, however, slipped up to 0.4 percent. Among individual stocks, shares of LIC Housing Finance plunged 13 percent after the company reported a disappointing set of numbers in Q2FY23. Besides, shares of Karnataka Bank soared over 17 percent after net profit grew 228 percent YoY (an all-time quarterly high) to Rs 411.5 crore in Q2FY23.

MARKET UPDATE: Sensex advanced over 300 points to reclaim 61,058 levels and Nifty50 climbed over 50 points to trade above 18,100 levels

MARKET UPDATE: Sensex advanced over 300 points to reclaim 61,058 levels and Nifty50 climbed over 50 points to trade above 18,100 levels

Tuesday, November 1, 2022

Key indices Nifty50 climbed over 50 points to trade above 18,100 levels and the S&P BSE Sensex advanced over 300 points to reclaim 61,058 levels after a gap of nine months. Broader markets, too, jumped in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.3 percent. Volatility gauge, India VIX, meanwhile, slipped over 1 percent. Barring the Nifty Metal index, all sectors swam in the sea of green, with Nifty PSU Bank and Nifty Pharma indices rising up to 1 percent. Among individual stocks, shares of Equitas SFB gained over 2 percent after the lender reported over two-fold jump in net profit to Rs 116 crore in Q2FY23. Besides, shares of Castrol India slipped over 1 percent after the company reported flat growth in its PAT at Rs 187 crore in Q2FY23.

MARKET UPDATE: Nifty50 climbed over 150 points to trade above 17,950 levels and the Sensex advanced over 600 points to hit a high of 60,606 levels

MARKET UPDATE: Nifty50 climbed over 150 points to trade above 17,950 levels and the Sensex advanced over 600 points to hit a high of 60,606 levels

Monday, October 31, 2022

Indian equity markets edged higher in today's(31 October 2022) intra-day trade amid strong global cues and steady foreign flows. Key indices Nifty50 climbed over 150 points to trade above 17,950 levels and the S&P BSE Sensex advanced over 600 points to hit a high of 60,606 levels. The strength spilled across broader markets too, as Nifty MidCap 100 and Nifty SmallCap 100 surged up to 0.6 percent. Sectorally, Nifty IT and Nifty Auto indices were at the forefront as they rose over 1 percent each. Nifty Metal and Nifty PSU Bank, indices, however, slipped up to 0.3 percent. Read more

MARKET UPDATE: Sensex climbed over 300 points to hit a high of 60,071 levels and Nifty50 climbed over 50 points to trade above 17,800 levels

MARKET UPDATE: Sensex climbed over 300 points to hit a high of 60,071 levels and Nifty50 climbed over 50 points to trade above 17,800 levels

Friday, October 28, 2022

Indian equity markets edged higher in today's (28 October 2022) intra-day trade, supported by gains across index-heavyweights like Reliance Industries, Maruti Suzuki, Hindustan Unilever, and Bajaj Twins. Key indices Nifty50 climbed over 50 points to trade above 17,800 levels and the S&P BSE Sensex climbed over 300 points to hit a high of 60,071 levels The broader markets, however, were subdued in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices slipped up to 0.3 percent. Volatility gauge, India VIX, meanwhile, slipped over 1 percent. All sectors shifted between gains and losses. Nifty Oil & Gas, Nifty Auto, and Nifty FMCG indices led the charge as they surged up to 1 percent. Nifty Metal index, however, was the worst sectoral performer as it declined over 1 percent. Read more

MARKET UPDATE: Nifty50 climbed over 100 points to trade above 17,750 levels and the Sensex advanced over 300 points to trade at 59,891 level

MARKET UPDATE: Nifty50 climbed over 100 points to trade above 17,750 levels and the Sensex advanced over 300 points to trade at 59,891 level

Thursday, October 27, 2022

Opening Bell: Indian equity markets edged higher in today's(27 October 2022) trade amid mixed global cues. Key indices Nifty50 climbed over 100 points to trade above 17,750 levels and the S&P BSE Sensex advanced over 300 points to trade at 59,891 levels. The broader markets, too, jumped in tandem as Nifty MidCap 100 and Nifty SmallCap 100 rose over 0.3 percent each. All sectors were in a sea of green as the Nifty Metal index led the charge, rising over 1 percent in trade. Among individual stocks, shares of Dabur gained over 2 percent after the FMCG major plans to invest Rs 325.87 crore in its Indore plant in Madhya Pradesh. In addition, shares of Gland Pharma tumbled over 7 percent after the company saw a 20.1 percent decline in consolidated net profit to Rs 241.2 crore in Q2FY23.

MARKET UPDATE: Sensex advanced over 40 points to trade at 59,875 levels and the Nifty50 traded flat below 17,750 levels

MARKET UPDATE: Sensex advanced over 40 points to trade at 59,875 levels and the Nifty50 traded flat below 17,750 levels

Tuesday, October 25, 2022

Opening Bell: Indian equity markets opened volatile today(25 October 2022) amid mixed global cues. Key indices Nifty50 traded flat below 17,750 levels and the S&P BSE Sensex advanced over 40 points to trade at 59,875 levels. Broader markets, too, edged lower as Nifty MidCap 100 and Nifty SmallCap 100 lowered by over 0.3 percent. All sectors started to trade on a volatile note. Nifty IT, Nifty Metal, and Nifty Auto indices, however, led the charge as they surged up to 0.4 percent. Read more

MARKET UPDATE: Sensex advanced over 300 points to trade at 59,549 levels while Nifty50 rose over 50 points to trade above 17,600 levels

MARKET UPDATE: Sensex advanced over 300 points to trade at 59,549 levels while Nifty50 rose over 50 points to trade above 17,600 levels

Friday, October 21, 2022

Indian equity markets edged higher in today's( 21 October 2022) intra-day trade despite dim global cues. Key indices Nifty50 rose over 50 points to trade above 17,600 levels and the S&P BSE Sensex advanced over 300 points to trade at 59,549 levels. Broader markets, too, jumped in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.4 percent. Barring Nifty IT, Nifty Metal, and Nifty Media indices, all sectors traded on a positive note. The nifty PSU Bank index gained the most, over 2 percent. Under individual stocks, shares of Axis Bank surged over 6 percent after the lender posted a 70 percent YoY rise in standalone net profit to Rs 5,329.7 crore in Q2FY23. Also, shares of Lakshmi Machine Works rose over 3 percent after consolidated net profit climbed 139.6 percent YoY to Rs 104.30 crore in Q2FY23.

MARKET UPDATE: Nifty50 declined over 50 points to trade below 17,450 levels and the Sensex lowered over 200 points to trade at 58,873 levels

MARKET UPDATE: Nifty50 declined over 50 points to trade below 17,450 levels and the Sensex lowered over 200 points to trade at 58,873 levels

Thursday, October 20, 2022

Indian equity markets edged lower in today's(20 October 2022) intra-day trade amid weak global cues and muted foreign flows. Key indices Nifty50 declined over 50 points to trade below 17,450 levels and the S&P BSE Sensex lowered over 200 points to trade at 58,873 levels. A similar trend was seen across broader markets as Nifty Midcap 100 and Nifty Smallcap 100 slipped up to 0.8 percent. All sectors plunged into the sea of red as investors' risk appetite worsened. Nifty Auto, Nifty Metal, and Nifty Consumer Durables indices declined the most - over 1 percent. In individual stocks, shares of Nestle India gained over 1 percent after the company posted 8.3 percent YoY growth in net profit to Rs 668 crore in Q3, above street estimates. In addition, profit-booking was seen in IndusInd Bank as shares dropped over 6 percent after the company clocked 57 percent YoY standalone net profit growth to Rs 1,805 crore in Q2FY23.

MARKET UPDATE: Nifty50 climbed over 50 points to trade above 17,550 levels, whereas the S&P BSE Sensex surged over 250 points to trade at 59,212 levels

MARKET UPDATE: Nifty50 climbed over 50 points to trade above 17,550 levels, whereas the S&P BSE Sensex surged over 250 points to trade at 59,212 levels

Wednesday, October 19, 2022

Domestic equity markets edged higher in today's(19 October 2022) intra-day trade amid mixed global cues, falling crude prices, and strong domestic flows. Frontline indices Nifty50 climbed over 50 points to trade above 17,550 levels, whereas the S&P BSE Sensex surged over 250 points to trade at 59,212 levels. The strength was spilled across broader markets as Nifty MidCap 100 and Nifty SmallCap 100 advanced up to 0.3 percent. Volatility gauge, India VIX, meanwhile, slipped over 1 percent. Sectorally, Nifty FMCG, Nifty Realty, and Nifty Bank indices led the charge as they surged up to 0.4 percent. However, Nifty IT, Nifty Pharma, and Nifty Metal indices declined in the range of 0.2-0.5 percent. Among individual stocks, shares of Bharat Electronics gained over 1 percent after the company inked a pact with defense PSU Munitions India. Besides that, profit-booking was seen in L&T Technology Services after shares declined over 2 percent post-upbeat Q2FY23 performance.

MARKET UPDATE: Nifty50 climbed over 200 points to trade above 17,500 levels and the S&P BSE Sensex surged over 700 points to trade at 59, 127 levels

MARKET UPDATE: Nifty50 climbed over 200 points to trade above 17,500 levels and the S&P BSE Sensex surged over 700 points to trade at 59, 127 levels

Tuesday, October 18, 2022

Opening Bell: Indian equity markets were trading higher today(18 October 2022) amid strong global cues and falling crude oil prices. Key indices Nifty50 climbed over 200 points to trade above 17,500 levels and the S&P BSE Sensex surged over 700 points to trade at 59, 127 levels. Broader markets, too, jumped in tandem as Nifty MidCap 100 and Nifty SmallCap 100 advanced 0.7 percent each. All sectors started to trade on a firm note. Nifty Media, Nifty Auto, and Nifty IT indices gained the most - up to 2 percent. Among individual stocks, shares of Zee Entertainment surged over 4 percent after Invesco Developing Markets Fund sold a 10.14 percent stake via a block deal. In addition, shares of Adani Transmission gained over 2 percent after the company saw a 13 percent jump in the number of electricity units sold during Q2FY23.

MARKET UPDATE: Nifty50 lowered over 30 points to trade below 17,150 levels and the BSE Sensex declined over 100 points to trade at 57,811 levels

MARKET UPDATE: Nifty50 lowered over 30 points to trade below 17,150 levels and the BSE Sensex declined over 100 points to trade at 57,811 levels

Monday, October 17, 2022

Opening Bell: Indian equity markets opened flat today( 17 October 2022) amid weak global cues and muted foreign flows. Key indices Nifty50 lowered over 30 points to trade below 17,150 levels and the S&P BSE Sensex declined over 100 points to trade at 57,811 levels. Weakness ensued in the broader markets as Nifty MidCap 100 and Nifty SmallCap 100 indices dropped up to 0.2 percent. Volatility gauge, India VIX, meanwhile, climbed over 4 percent. Barring Nifty Bank which started trade in the green zone, all other sectors nosedived in the sea of red. The Nifty Metal index declined the most, with over 1 percent in trade. Read more

MARKET UPDATE: Sensex climbed over 1,000 points to trade at 58,267 levels, while Nifty50 surged over 300 points to trade above 17,300 levels

MARKET UPDATE: Sensex climbed over 1,000 points to trade at 58,267 levels, while Nifty50 surged over 300 points to trade above 17,300 levels

Friday, October 14, 2022

Opening Bell: Bulls took control of Indian markets as they opened higher today(14 October 2022) amid strong global cues and easing crude oil prices. Key indices Nifty50 surged over 300 points to trade above 17,300 levels and the S&P BSE Sensex climbed over 1,000 points to trade at 58,267 levels. The strength spilled across broader markets as Nifty MidCap 100 and Nifty SmallCap 100 advanced over 1 percent each. All sectors were in positive territory with Nifty Bank and Nifty IT indices leading the front. Among individual stocks, shares of Infosys rose over 5 percent after the IT major reported a better-than-expected net profit of Rs 6,021 crore, up 11 percent YoY in Q2FY23. Besides, the shares of Mindtree gained over 2 percent after the company reported a 27 percent rise YoY in net profit to Rs 509 crore in Q2FY23, which was above street estimates.

MARKET UPDATE: Sensex fell over 250 points to hit a low of 57,360 levels, while Nifty50 declined over 50 points to test 17,050 levels

MARKET UPDATE: Sensex fell over 250 points to hit a low of 57,360 levels, while Nifty50 declined over 50 points to test 17,050 levels

Thursday, October 13, 2022

Indian equity markets edged lower in today's(13 October 2022) intra-day trade amid weak global cues and subdued foreign flows. Key indices Nifty50 declined over 50 points to test 17,050 levels and the S&P BSE Sensex fell over 250 points to hit a low of 57,360 levels. Broader markets, too, plunged in tandem as Nifty MidCap 100 and Nifty SmallCap 100 declined up to 0.5 percent. Volatility gauge, India VIX, meanwhile, climbed over 1 percent. All sectors traded on a volatile note. The nifty Metal index gained the most, over 1 percent. Nifty Bank, and Nifty IT indices, meanwhile, declined up to 0.5 percent. Among individual stocks, shares of HCL Technologies surged over 4 percent after the IT major raised its full-year revenue growth guidance to 13.5-14.5 percent. Besides, shares of Wipro tumbled over 6 percent to hit a fresh 52-week low after the company's Q3FY23 revenue growth guidance was below street estimates.

MARKET UPDATE: Sensex was up over 200 points to trade at 57,362 levels, while Nifty50 up over 50 points to trade above 17,050 levels

MARKET UPDATE: Sensex was up over 200 points to trade at 57,362 levels, while Nifty50 up over 50 points to trade above 17,050 levels

Wednesday, October 12, 2022

Opening Bell: Indian equity markets edged higher in today's(12 October 2022) trade amid mixed global cues and falling crude oil prices. Key indices Nifty50 was up over 50 points to trade above 17,050 levels, whereas the S&P BSE Sensex was up over 200 points to trade at 57,362 levels. Broader markets, too, climbed in the trade as Nifty MidCap 100 and Nifty SmallCap 100 surged up to 0.4 percent. Sector-wise, all sectors opened on a volatile note. Nifty FMCG, Nifty IT, and Nifty Realty indices gained marginally in trade - up to 0.6 percent. Read more

MARKET UPDATE: Sensex fell 150 points to trade at 57,853 levels and Nifty50 declined over 30 points to trade below 17,250 levels

MARKET UPDATE: Sensex fell 150 points to trade at 57,853 levels and Nifty50 declined over 30 points to trade below 17,250 levels

Tuesday, October 11, 2022

Opening Bell: Volatility gripped domestic equity markets today(11 October 2022) amid weak global cues and subdued foreign flows. Frontline indices Nifty50 declined over 30 points to trade below 17,250 levels and the S&P BSE Sensex fell 150 points to trade at 57,853 levels The broader markets, however, steered southwards as Nifty MidCap 100 and Nifty SmallCap 100 climbed up to 0.2 percent. Sector-wises, all sectors swung between gains and losses, as Nifty IT, Nifty Media, and Nifty Pharma indices gained marginally in trade. Nifty Bank, Nifty Realty, and Nifty Auto indices, however, declined up to 0.4 percent.

MARKET UPDATE: Sensex fell over 700 points to trade at 57,480 levels and Nifty50 declined over 200 points to trade below 17,100 levels

MARKET UPDATE: Sensex fell over 700 points to trade at 57,480 levels and Nifty50 declined over 200 points to trade below 17,100 levels

Monday, October 10, 2022

Opening Bell: Today (10 October 2022) bears weighed domestic equity markets amid weak global cues, muted foreign flows, and higher crude oil prices. Key indices Nifty50 declined over 200 points to trade below 17,100 levels and the S&P BSE Sensex fell over 700 points to trade at 57,480 levels. The weakness spread to broader markets as Nifty MidCap 100 and Nifty SmallCap 100 lowered by over 1 percent each. Volatility gauge, India VIX, meanwhile, climbed over 6 percent. All sectors nosedived into the negative territory on the back of somber risk appetite. Nifty Bank, Nifty Auto, and Nifty FMCG indices tumbled the most - over 1 percent each. Read more

MARKET UPDATE: Markets volatile; Sensex was flat trade at 58,223 levels and Nifty50 turned green to trade flat above 17,300 levels

MARKET UPDATE: Markets volatile; Sensex was flat trade at 58,223 levels and Nifty50 turned green to trade flat above 17,300 levels

Friday, October 7, 2022

Opening Bell: Indian equity markets were volatile in today's (7 October 2022) intra-day trade, amid weak global cues and rising crude oil prices. Key indices Nifty50 turned green to trade flat above 17,300 levels and the S&P BSE Sensex was flat trade at 58,223 levels. Broader markets, too, swung between gains and losses in intra-day deals. The nifty SmallCap 100 index outperformed the benchmark, climbing over 0.2 percent. Barring Nifty Auto and Nifty IT indices, all sectors drowned in the sea of red. The nifty PSU Bank index was the worst hit in the trade as it declined over 1 percent. Among individual stocks, shares of Titan rallied over 6 percent after the company said that the overall sales grew by 18 percent YoY in the Q2 business update. Besides, shares of Nykaa gained over 1 percent after the company entered into a strategic alliance with Dubai-based fashion conglomerate Apparel Group to expand in the Gulf region.

Closing bell: Sensex closed at 58,222, up 157 points while Niftyclosed at 17,332, up 58 points

Closing bell: Sensex closed at 58,222, up 157 points while Niftyclosed at 17,332, up 58 points

Thursday, October 6, 2022

Closing bell: Indian equity markets were volatile in trade today (6 October 2022) as investors adjusted their positions amid the weekly F&O expiry. The S&P BSE Sensex oscillated within a narrow range of 405 points, before it closed at 58,222, up 157 points or 0.27 percent. The Nifty50, on the other hand, shut shop at 17,332, up 58 points or 0.33 percent. JSW Steel, Hindalco, Coal India, L&T, Tata Steel, ICICI Bank, HCL Tech, Axis Bank, Tata Motors, Tata Consumer Products, Shree Cement, and Wipro were the top gainers, up between 1 percent and 5 percent. On the downside, Bharti Airtel, HUL, HDFC, IndusInd Bank, Divis Labs, SBI Life, Britannia, HDFC Bank, and Bajaj Finance were the top laggards, down up to 2.5 percent. Read more

MARKET UPDATE: Sensex surged over 450 points to trade at 58,538 levels and Nifty50 climbed over 100 points to trade above 17,400 levels

MARKET UPDATE: Sensex surged over 450 points to trade at 58,538 levels and Nifty50 climbed over 100 points to trade above 17,400 levels

Thursday, October 6, 2022

Opening Bell: Indian equity markets opened higher in today's(6 October 2022) trade amid mixed global cues and strong foreign flows. Key indices Nifty50 climbed over 100 points to trade above 17,400 levels and the S&P BSE Sensex surged over 450 points to trade at 58,538 levels. The broader markets, too, traded on a firm note as Nifty MidCap 100 and Nifty SmallCap 100 rose up to 0.9 percent. All sectors were in Green. Nifty Media, Nifty Realty, Nifty IT, and Nifty Metal indices gained the most, in the range of 1 percent to 2 percent. Read more

Stock market highlights:: Sensex up 1,277 pts, ends above 58K; Nifty tops 17,250, up 387 points

Stock market highlights:: Sensex up 1,277 pts, ends above 58K; Nifty tops 17,250, up 387 points

Tuesday, October 4, 2022

A global rebound in market sentiment propelled Indian equities higher today(4 October 2022). The S&P BSE Sensex gained 1,277 points, or 2.25 percent, to settle at 58,065. It had touched an intra-day high of 58,100. On the NSE, the Nifty50 shut shop at 17,274, up 387 points or 2.29 percent. The index neared 17,300-mark in the intra-day deals. "Indices surged over 2 percent buoyed by positive global cues, and encouraging quarterly updates on advances, and collections from banks during the second quarter. Ahead of the festive season, the Street is optimistic about retail demand across segments. Participation of the IT sector today lent ammunition to the Bulls as almost all sectoral indices ended in the green. Positive tailwinds back home, amid gloom elsewhere in the globe, left Bears stranded today as the Sensex vaulted past 58,000," said a market expert. Read more

Closing bell: Choppy markets-Sensex settled at 56,789, down 638 points and Nifty50 closed 207 points lower at 16,887

Closing bell: Choppy markets-Sensex settled at 56,789, down 638 points and Nifty50 closed 207 points lower at 16,887

Monday, October 3, 2022

Indian equity markets were choppy today(3rd October 2022) as the global mood remained sombre, and investors booked profit after Friday's 2-per cent rally. The S&P BSE Sensex gyrated within a band of 771 points, before settling at 56,789, down 638 points or 1.11 percent. The NSE Nifty50, too, closed 207 points, or 1.21 percent, lower at 16,887. The index hit a high of 17,114.65, and a low of 16,855.55 during the day. Adani Enterprises was the biggest Nifty dragger as it dropped 9 percent. This was followed by selling in Eicher Motors, Maruti Suzuki, Adani Ports, Hindalco, Tata Consumer Products, HUL, Kotak Bank, ITC, HDFC Life, Britannia, SBI, and Tata Motors. All these stocks fell between 2 percent and 6 percent. On the upside, ONGC, Cipla, Coal India, Dr. Reddy's Labs, BPCL, Divis Labs, and Bharti Airtel helped trim losses. Read more

MARKET UPDATE: Sensex decreased over 250 points to trade at 57,168 levels while Nifty50 declined nearly 50 points to trade below 17,090 levels

MARKET UPDATE: Sensex decreased over 250 points to trade at 57,168 levels while Nifty50 declined nearly 50 points to trade below 17,090 levels

Monday, October 3, 2022

Opening Bell: Indian equity markets edged lower in today's (3rd October 2022) trade as investors digested rate hikes along with sluggish foreign inflows and muted global cues. Key indices Nifty50 declined nearly 50 points to trade below 17,090 levels and the S&P BSE Sensex decreased over 250 points to trade at 57,168 levels. The subdued risk appetite sent broader markets into a tailspin too, as Nifty MidCap 100 and Nifty SmallCap 100 lowered over 2 percent each. All sectors started trading on a volatile note. Nifty Energy, Nifty Media, and Nifty Pharma indices traded with marginal gains, whereas, Nifty Bank, Nifty Metal, and Nifty Auto indices were bogged down. While NTPC, Ultratech Cement, Sun Pharma, and Reliance Industries, attempted to trim losses for the benchmark indices; M&M, IndusInd Bank, Kotak Bank, and Titan, weighed on the indices. Among individual stocks, shares of ONGC soared over 5 percent after the government hiked prices of natural gas by 40 percent.

MARKET UPDATE: Sensex shed over 200 points to trade at 56,200 levels, while Nifty50 declined over 40 points to trade below 17,800 levels

MARKET UPDATE: Sensex shed over 200 points to trade at 56,200 levels, while Nifty50 declined over 40 points to trade below 17,800 levels

Friday, September 30, 2022

Opening Bell: Indian equity markets edged lower in today's(30 September 2022) trade ahead of the Reserve Bank of India's (RBI) interest rate stance post their 3-day monetary policy committee meeting. Experts expect the central bank to raise interest rates up to 50 basis points. Key indices Nifty50 declined over 40 points to trade below 17,800 levels and the S&P BSE Sensex shed over 200 points to trade at 56,200 levels. The broader markets, too, lost steam as Nifty MidCap 100 and Nifty SmallCap 100 dropped over 0.1 percent each. Reduced risk appetite coupled with rate hike fears brought volatility across sectoral pockets. Nifty Metal and Nifty Pharma indices held up with marginal gains, whereas Nifty Realty, Nifty Bank, and Nifty Auto indices were beaten down in trade. 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

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 dropped over 500 points to trade at 56,579 levels, while Nifty50 declined over 100 points to trade below 16,900 levels

MARKET UPDATE: Sensex dropped over 500 points to trade at 56,579 levels, while Nifty50 declined over 100 points to trade below 16,900 levels

Wednesday, September 28, 2022

Opening Bell: Weak foreign flows, tepid global sentiments, and hopes of tighter monetary policy drove Indian equity markets lower today (28 September 2022) morning. Key indices Nifty50 declined over 100 points to trade below 16,900 levels and the S&P BSE Sensex dropped over 500 points to trade at 56,579 levels. The muted risk appetite among investors also kept broader markets in negative territory as Nifty MidCap 100 and Nifty SmallCap 100 indices slipped in the range of 0.6 to 0.7 percent. Likewise, all sectors started to trade in a bearish tone. Nifty Auto, Nifty Metal, and Nifty Bank indices faced the biggest fall as they declined over 1 percent each. Read more

Closing bell:BSE Sensex stood at 57,107.5, down 38 points and Nifty50 settled at 17,007, down 9 points

Closing bell:BSE Sensex stood at 57,107.5, down 38 points and Nifty50 settled at 17,007, down 9 points

Tuesday, September 27, 2022

Closing bell: Equity markets in India closed lower for a 4-straight day today(27 September 2022) as global growth concerns remained on investors' minds. The S&P BSE Sensex swung between gains and losses during the day, traversing 754 points intra-day. At close, the index stood at 57,107.5, down 38 points or 0.07 percent. The Nifty50, meanwhile, hit a high of 17,176, and a low of 16,942 during the day. It, eventually, settled at 17,007, down 9 points or 0.05 percent. The broader markets, on the other hand, outperformed as the Nifty MidCap, and SmallCap indices gained up to 0.2 percent. Read more

MARKET UPDATE: Sensex jumped over 350 points to trade at 57,535 levels, while Nifty50 climbed 100 points to trade above 17,100

MARKET UPDATE: Sensex jumped over 350 points to trade at 57,535 levels, while Nifty50 climbed 100 points to trade above 17,100

Tuesday, September 27, 2022

Opening Bell: Indian equity markets started today's (27 November 2022) trade on a positive note as global recession fears receded. Key indices Nifty50 climbed 100 points to trade above 17,100 and the S&P BSE Sensex jumped over 350 points to trade at 57,535 levels. Similar strength was reflected in broader markets too, as Nifty MidCap 100 and Nifty SmallCap 100 surged up to 0.6 percent. All sectors opened with marginal gains. Nifty PSU Bank, Nifty Media, Nifty Metal, and Nifty Auto indices climbed up to 1 percent in trade. Read more

MARKET UPDATE:Sensex declined over 750 points to trade at 57,282 levels, while Nifty50 shed over 200 points to trade below 17,100 levels

MARKET UPDATE:Sensex declined over 750 points to trade at 57,282 levels, while Nifty50 shed over 200 points to trade below 17,100 levels

Monday, September 26, 2022

Opening Bell: Indian equity markets opened lower today(26 September 2022) as sentiments remain muted overseas. Key indices Nifty50 shed over 200 points to trade below 17,100 levels and the S&P BSE Sensex declined over 750 points to trade at 57,282 levels. Weakness was observed in broader markets, too, as Nifty MidCap 100 and Nifty SmallCap 100 indices dropped over 2 percent each. All sectors were in red with Nifty Auto, Nifty Metal, and Nifty Realty indices bearing the brunt of the worst sell-off. While HUL, Bajaj Finserv, Infosys, Nestle India, and Ultratech Cement, attempted to trim losses for the benchmark indices; Power Grid, M&M, Maruti Suzuki, Tata Steel, and Wipro contributed to the sharp cuts. Among individual stocks, shares of Goa Carbon gained over 2 percent in a weak market after the company planned to mull fundraise on Thursday, September 29.

MARKET UPDATE:Sensex declined over 250 points to trade at 58,867 levels, while Nifty50 dropped over 50 points to trade below 17,600 levels

MARKET UPDATE:Sensex declined over 250 points to trade at 58,867 levels, while Nifty50 dropped over 50 points to trade below 17,600 levels

Friday, September 23, 2022

Opening Bell: Indian equity markets opened lower in today's (23 September 2022) trade amid weak global cues and rising rate scenarios. Key indices Nifty50 dropped over 50 points to trade below 17,600 levels and the S&P BSE Sensex declined over 250 points to trade at 58,867 levels. The subdued risk appetite was witnessed in broader markets too, as Nifty SmallCap 100 and Nifty MidCap 100 indices slumped over 0.2 percent. All sectors traded on a volatile note. While Nifty Media, Nifty Pharma, and Nifty Metal indices opened with marginal gains; Nifty Bank, Nifty Realty, and Nifty Energy indices slipped the most - nearly 1 percent. Read more

MARKET UPDATE:Sensex declined over 450 points to trade at 58,996 levels, while Nifty50 dropped 100 points to trade below 17,650 levels

MARKET UPDATE:Sensex declined over 450 points to trade at 58,996 levels, while Nifty50 dropped 100 points to trade below 17,650 levels

Thursday, September 22, 2022

Opening Bell: Indian markets opened lower today(22 September 2022) after the US Federal Reserve's 75 basis point rate hike sent global markets into a tailspin. Key indices Nifty50 dropped 100 points to trade below 17,650 levels and the S&P BSE Sensex declined over 450 points to trade at 58,996 levels. Weakness ensued in the broader markets as well, as Nifty MidCap and SmallCap indices slipped up to 0.1 percent. Barring Nifty FMCG and Nifty Media, which opened with marginal gains, most sectors nosedived in negative territory. Nifty IT and Nifty Bank indices declined the most - up to 1 percent. While ITC, HUL, and Nestle India attempted to trim losses for the benchmark indices; Bajaj Finserv, Tech Mahindra, Wipro, and HDFC contributed to the sharp cuts.

MARKET UPDATE:Sensex was flat at 59,707 levels, while Nifty50was flat below 17,800 levels

MARKET UPDATE:Sensex was flat at 59,707 levels, while Nifty50was flat below 17,800 levels

Wednesday, September 21, 2022

Indian markets were flat on today's(21 September 2022) intra-day trade ahead of the US Federal Reserve's interest rate outcome. Key indices Nifty50 were flat below 17,800 levels and the S&P BSE Sensex was flat at 59,707 levels. Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 climbed up to 0.4 percent. All sectors traded on a volatile note as they swung between gains and losses. Nifty FMCG and Nifty Media indices climbed over 1 percent. On the other hand, Nifty Bank, Nifty Energy, and Nifty Realty indices were bogged down in trade. Read more

MARKET UPDATE:Sensex climbed over 600 points to trade at 59,761 levels, while Nifty50 rose over 150 points to trade above 17,800 levels

MARKET UPDATE:Sensex climbed over 600 points to trade at 59,761 levels, while Nifty50 rose over 150 points to trade above 17,800 levels

Tuesday, September 20, 2022

Opening Bell: Indian equity markets opened higher today(20 September 2022) amid modest gains overseas. Key indices Nifty50 rose over 150 points to trade above 17,800 levels and the S&P BSE Sensex climbed over 600 points to trade at 59,761 levels. Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged over 1 percent each. All sectors started in positive territory, as Nifty IT and Nifty Media indices led the charge - up over 1 percent. IndusInd Bank, Tech Mahindra, HCL Technologies, Bajaj Finserv, and Infosys, were the top contributors to benchmark indices. Read more

MARKET UPDATE:Sensex traded at 58,828 levels, while Nifty50 opened flat to trade above 17,500 levels

MARKET UPDATE:Sensex traded at 58,828 levels, while Nifty50 opened flat to trade above 17,500 levels

Monday, September 19, 2022

Opening Bell: Indian equity markets opened flat today ( 19 September 2022) amid weak global cues due to rate hike fears. Key indices Nifty50 opened flat to trade above 17,500 levels and the S&P BSE Sensex traded at 58,828 levels. Broader markets, too, edged lower in the trade as Nifty SmallCap 100 and Nifty MidCap100 declined up to 1 percent. Barring Nifty PSU Bank, all sectors nosedived in negative territory. Nifty Media, Nifty Pharma, and Nifty Realty indices dropped the most - up to 1 percent. While Bajaj Finserv, Infosys, and Axis Bank, helped trim losses for the benchmark indices; HCL Technologies, Asian Paints, Dr. Reddy's, and Titan, contributed to the sharp cuts. Read more

MARKET UPDATE:Sensex declined over 400 points to trade at 59,533 levels, while Nifty50 opened over 100 points lower to trade below 17,800 levels

MARKET UPDATE:Sensex declined over 400 points to trade at 59,533 levels, while Nifty50 opened over 100 points lower to trade below 17,800 levels

Friday, September 16, 2022

Opening Bell: Indian equity markets opened lower today(16 September 2022) amid weak global cues. Frontline indices Nifty50 opened over 100 points lower to trade below 17,800 levels and the S&P BSE Sensex declined over 400 points to trade at 59,533 levels. Low-risk appetite instilled weakness in broader markets too, as Nifty Midcap 100 and Nifty Smallcap 100 dropped up to 0.3 percent. Tech Mahindra, M&M, Wipro, Maruti Suzuki, Infosys, and TCS, contributed to the sharp cuts in benchmark indices. Sun Pharma, Bajaj Finance, and Asian Paints, however, helped trim losses. All sectors plunged in the sea of red - Nifty Auto, Nifty Metal, and Nifty IT indices slipped the most, over 1 percent. Read more

MARKET UPDATE:Sensex climbed over 250 points to trade at 60,632 levels, while Nifty50 rose over 50 points to trade above 18,050 levels

MARKET UPDATE:Sensex climbed over 250 points to trade at 60,632 levels, while Nifty50 rose over 50 points to trade above 18,050 levels

Thursday, September 15, 2022

Opening Bell: Modest recovery in global markets spilled strength in Indian equity markets today (15 September 2022). Frontline indices Nifty50 rose over 50 points to trade above 18,050 levels and the S&P BSE Sensex climbed over 250 points to trade at 60,632 levels. Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.9 percent. Kotak Mahindra Bank, NTPC, M&M, HUL, ITC, and Maruti Suzuki were top contributors to the benchmark indices. Meanwhile, Tata Steel, Infosys, and IndusInd Bank weighed them down. Barring Nifty Media, all sectors started to trade on a positive note with marginal gains. Nifty Bank index hit an all-time high of 41,829. Read more

MARKET UPDATE:Sensex slumped over 700 points to trade at 59,867 levels, while Nifty50 declined over 150 points to trade below 17,900 levels

MARKET UPDATE:Sensex slumped over 700 points to trade at 59,867 levels, while Nifty50 declined over 150 points to trade below 17,900 levels

Wednesday, September 14, 2022

Opening Bell: Indian equity indices started lower today (14 September 2022) due to weak global cues on the back of the hotter-than-expected US inflation report in August. Nifty50 declined over 150 points to trade below 17,900 levels, whereas the S&P BSE Sensex slumped over 700 points to trade at 59,867 levels. Broader markets, too, traded feebly as Nifty Smallcap 100 and Nifty Midcap 100 slipped over 1 percent. All sectors nosedived into negative territory with Nifty IT, Nifty Realty, and Nifty Metal indices bearing the brunt of the brutal selloff. Tech Mahindra, TCS, Wipro, and Infosys contributed heavily to the losses in benchmark indices. Asian Paints, NTPC, and Kotak Mahindra Bank, however, attempted to trim losses.

MARKET UPDATE:Sensex gained over 300 points to trade at 60,432 levels, while Nifty50 opened over 100 points higher to reclaim the 18,000-mark

MARKET UPDATE:Sensex gained over 300 points to trade at 60,432 levels, while Nifty50 opened over 100 points higher to reclaim the 18,000-mark

Tuesday, September 13, 2022

Frontline indices Nifty50 opened over 100 points higher to reclaim the 18,000-mark, after a hiatus of five months, whereas the S&P BSE Sensex gained over 300 points to trade at 60,432 levels. The strength spilled across broader markets too, as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.6 percent. While Bajaj Finserv, SBI, Infosys, Wipro, Titan, and HDFC Bank were the top contributors to the benchmark indices; weakness in HCL Technologies, Asian Paints, Maruti Suzuki, Cipla, and Sun Pharma capped the upside. All sectors opened on a cheerful note with Nifty Media and Nifty Bank indices leading the pack. Among individual stocks, shares of Gujarat Apollo Industries hit a 20 percent upper circuit after the company inked a pact with Belgium-based PFH BV for agricultural components. Besides, shares of IRB Infrastructure gained over 4 percent after the company's toll collection rose 35 percent YoY to Rs 336 crore in August.

MARKET UPDATE:Sensex climbed over 250 points to trade at 60,048 levels, while rose over 50 points to trade above 17,900 levels

MARKET UPDATE:Sensex climbed over 250 points to trade at 60,048 levels, while rose over 50 points to trade above 17,900 levels

Monday, September 12, 2022

Opening Bell: Indian markets opened on a positive note today(12 September 2022) amid strong global cues. Frontline indices Nifty50 rose over 50 points to trade above 17,900 levels and the S&P BSE Sensex climbed over 250 points to trade at 60,048 levels. Broader markets, too, were upbeat in trade as Nifty Midcap 100 and Nifty Smallcap 100 rose up to 1 percent. Tech Mahindra, Bajaj Finserv, M&M, Dr. Reddy's, and Infosys were top contributors to the benchmark indices. Meanwhile, Hindustan Unilever, HDFC, Asian Paints, and Kotak Bank weighed on the indices. All sectors opened in a positive territory with Nifty Media and Nifty IT indices leading the pack. Read more

MARKET UPDATE: BSE Sensex climbed over 350 points to trade above 60,000 levels and the Nifty50 rose 100 points to trade above 17,900 levels

MARKET UPDATE: BSE Sensex climbed over 350 points to trade above 60,000 levels and the Nifty50 rose 100 points to trade above 17,900 levels

Friday, September 9, 2022

Opening Bell: Indian markets opened on a positive note in today's(9 September 2022) trade amidst mixed global cues. Frontline indices Nifty50 rose 100 points to trade above 17,900 levels and the S&P BSE Sensex climbed over 350 points to trade above 60,000 levels. Broader markets, too, climbed in tandem as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.6 percent. IndusInd Bank, ICICI Bank, SBI, HUL, and Tata Steel were top contributors to the benchmark indices. All sectors opened in green with Nifty Bank and Nifty Metal indices leading the charge.

MARKET UPDATE: Sensex climbed over 450 points to trade at 59,513 levels and the Nifty50 rose 100 points to trade above 17,700 levels

MARKET UPDATE: Sensex climbed over 450 points to trade at 59,513 levels and the Nifty50 rose 100 points to trade above 17,700 levels

Thursday, September 8, 2022

Opening Bell: Indian markets opened positively in today's (8 September 2022) trade amid firm global cues. Frontline indices Nifty50 rose 100 points to trade above 17,700 levels and the S&P BSE Sensex climbed over 450 points to trade at 59,513 levels. Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 1 percent. Tech Mahindra, Asian Paints, IndusInd Bank, ICICI Bank, and Infosys were the top contributors to the benchmark indices. All sectors opened in positive territory with Nifty IT and Nifty PSU Bank indices leading the trade. Among individual stocks, shares of NDTV hit a 5 percent lower circuit for the second consecutive day. Besides, shares of Max Ventures and Industries gained 2 percent after the company planned to buy Acreage Builders for Rs 322.5 crore.

MARKET UPDATE: Sensex dropped 400 points to trade at 58,769 levels and the Nifty50 declined 100 points to trade below 17,550 levels

MARKET UPDATE: Sensex dropped 400 points to trade at 58,769 levels and the Nifty50 declined 100 points to trade below 17,550 levels

Wednesday, September 7, 2022

Opening Bell: Indian markets opened weak in today's (7 September 2022) trade amidst dull global cues. Frontline indices Nifty50 declined 100 points to trade below 17,550 levels and the S&P BSE Sensex dropped 400 points to trade at 58,769 levels. Broader markets, however, outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 gained up to 0.2 percent. While Bharti Airtel, IndusInd Bank, and HDFC pulled the indices down; HUL, Dr. Reddy's, and Nestle India helped trim losses. All sectors plunged in a sea of red with Nifty IT, Nifty Bank, and Nifty Realty indices battered in trade. Among individual stocks, shares of Paras Defence gained 3 percent after the company inked a pact with Czech Republic's ELDIS Pardubice.

MARKET UPDATE: Sensex rose 300 points to 59,540, and the Nifty50 gained 81 points to 17,747

MARKET UPDATE: Sensex rose 300 points to 59,540, and the Nifty50 gained 81 points to 17,747

Tuesday, September 6, 2022

Opening Bell: Indian equity markets opened with nominal gains today(6 September 2022) tracking strength in Asian markets, which rose up to 1 percent. The BSE Sensex rose 300 points to 59,540, and the NSE Nifty50 gained 81 points to 17,747. Barring ITC and Nestle, all Sensex stocks opened higher. NTPC, IndusInd Bank, Reliance, Maruti, Powergrid, and Bharti Airtel were the top winners, up to 1 percent higher. The broader markets also started in green. The BSE MidCap and SmallCap indices were up to 0.7 percent higher. DreamFolks Services is set to make its debut today. The IPO was subscribed 56.68 times, and the issue price is fixed at Rs 326. As per IPO Watch, DreamFolks could list up to 30 percent higher than the issue price.

MARKET UPDATE: Sensex opened 200 points higher topping 59,000, and Nifty50 gained 55 points to 17,594

MARKET UPDATE: Sensex opened 200 points higher topping 59,000, and Nifty50 gained 55 points to 17,594

Monday, September 5, 2022

Opening bell: Indian equity markets opened with tepid gains today(5 September 2022) as global sentiment remained mixed. The BSE Sensex opened 200 points higher topping 59,000, and the NSE Nifty50 gained 55 points to 17,594. On the Sensex, NTPC, Tata Steel, HCL Tech, Tech M, IndusInd Bank, and ICICI Bank were the top winners, while six stocks opened lower led by Nestle, Dr. Reddy's, and Wipro, which fell up to 0.4 percent. The broader markets are also firmly higher. The BSE MidCap and SmallCap indices rose up to 0.7 percent. Tamilnad Mercantile Bank’s three-day IPO offer will open for subscription today. The private sector lender has fixed the price band at Rs 500-525 per share for its Rs 832-crore initial share offer.

MARKET UPDATE: Sensex climbed over 200 points to trade at 58,979 levels and the Nifty50 rose over 50 points to trade above 17,600 levels

MARKET UPDATE: Sensex climbed over 200 points to trade at 58,979 levels and the Nifty50 rose over 50 points to trade above 17,600 levels

Friday, September 2, 2022

Opening Bell: Indian markets opened on a positive note in today's(2nd September 2022) trade amid mixed global cues. Frontline indices Nifty50 rose over 50 points to trade above 17,600 levels and the S&P BSE Sensex climbed over 200 points to trade at 58,979 levels. Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.7 percent. All sectors opened in the green zone with marginal gains. Nifty Energy bucked the trend as the index gained over 1 percent in trade. NTPC, Bajaj Finserv, and Kotak Bank were top contributors to the benchmark indices. Meanwhile, Nestle India and Maruti Suzuki weighed on the indices. Among individual stocks, shares of Adani Enterprises hit a 52-week high of Rs 3,290 per share on reports of inclusion in the Nifty50 index. Besides, shares of NTPC surged 3 percent after the state-run power giant received bids for a minority stake sale for its green unit.

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

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 climbed 400 points to trade at 58,392 levels and the Nifty50 rose over 100 points to trade above 17,450 levels

MARKET UPDATE:Sensex climbed 400 points to trade at 58,392 levels and the Nifty50 rose over 100 points to trade above 17,450 levels

Tuesday, August 30, 2022

Opening Bell: Markets opened on a positive note in today's(30 August 2022) trade amid mixed global cues. Frontline indices Nifty50 rose over 100 points to trade above 17,450 levels and the S&P BSE Sensex climbed 400 points to trade at 58,392 levels. Broader markets, meanwhile, outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.9 percent. Bajaj Twins, IndusInd Bank, Axis Bank, and Tata Steel, were top contributors to the benchmark indices. Meanwhile, Reliance Industries and Bharti Airtel weighed on the indices. All sectors opened in the green zone with Nifty Media, Nifty Metal, and Nifty Energy indices rising over 1 percent each. Among individual stocks, shares of Ashok Leyland gained 1 percent after the automaker announced 6 new models for their LCV range.

MARKET UPDATE:Sensex crashed over 1,300 points to trade at 57,520 levels and the Nifty50 declined over 350 points to trade below 17,200 levels

MARKET UPDATE:Sensex crashed over 1,300 points to trade at 57,520 levels and the Nifty50 declined over 350 points to trade below 17,200 levels

Monday, August 29, 2022

Opening Bell: Markets opened lower in today's(29 August 2022) trade amid weak global sentiments marked by fear of rising interest rates. Frontline indices Nifty50 declined over 350 points to trade below 17,200 levels, while the S&P BSE Sensex fell over 1,300 points to trade at 57,520 levels. Broader markets, too, declined in tandem as Nifty Smallcap 100 and Nifty Midcap 100 dropped over 2 percent. All sectors were in red with Nifty IT, Nifty PSU Bank, and Nifty Realty indices battered in trade. Among individual stocks, shares of Reliance Industries slipped nearly 1 percent ahead of their 45th Annual General Meeting.

CLOSING BELL: Sensex ended at 58,834, up 59 points and the Nifty50 shut shop at 17,559, up 36 points

CLOSING BELL: Sensex ended at 58,834, up 59 points and the Nifty50 shut shop at 17,559, up 36 points

Friday, August 26, 2022

CLOSING BELL: It was a range-bound trade on the bourses today(26 August 2022) as investors awaited US Fed chief Jerome Powell's address at the Jackson Hole Symposium later tonight. The S&P BSE Sensex traded between 58,723 and 59,321, and ended at 58,834, up 59 points or 0.1 per cent. The NSE Nfty50, meanwhile, shut shop at 17,559, up 36 points or 0.21 percent. It touched a high of 17,686 and a low of 17,519 on the NSE. In the broader markets, the Nifty MidCap 100 and the Nifty SmallCap 100 settled up to 0.7 percent higher. Sector-wise, the Nifty Metal index rose 1.7 percent, followed by the Nifty PSU Bank index, up 1 percent. On the flipside, the Nifty Private bank index fell 0.3 percent. Read more

Sensex climbed over 450 points at 59,248 levels and the Nifty50 rose over 100 points to trade above 17,650 levels

Sensex climbed over 450 points at 59,248 levels and the Nifty50 rose over 100 points to trade above 17,650 levels

Friday, August 26, 2022

Opening Bell: Indian markets opened today (26 August 2022) on a positive note amid firm global cues. Frontline indices Nifty50 rose over 100 points to trade above 17,650 levels and the S&P BSE Sensex climbed over 450 points at 59,248 levels. Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 1 percent. M&M, Tata Steel, Titan, and Infosys were top contributors to the benchmark indices. Meanwhile, Bharti Airtel, Dr Reddy's, Asian Paints weighed on the indices. All sectors opened in the green zone with Nifty Auto, Nifty Metal, and Nifty PSU Bank leading the pack. Among individual stocks, shares of Titan gained 2 percent on the company's expansion plans overseas. Besides, shares of Nelco soared 10 percent post-tie-up with Intelsat on in-flight connectivity services.

MARKET UPDATE:Sensex climbed over 250 points at 59,326 levels and the Nifty50 rose over 50 points to trade above 17,650 levels

MARKET UPDATE:Sensex climbed over 250 points at 59,326 levels and the Nifty50 rose over 50 points to trade above 17,650 levels

Thursday, August 25, 2022

Opening Bell: Indian markets opened on a positive note in today's(25 august 2022) trade on the BSE amid strong global cues. Frontline indices Nifty50 rose over 50 points to trade above 17,650 levels and the S&P BSE Sensex climbed over 250 points at 59,326 levels. Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.7 percent. All sectors turned in the green zone. Nifty Media, Nifty Realty, and Nifty IT lead the charge. Bharti Airtel, Tata Steel, Titan, and HUL were top contributors to the benchmark indices. Meanwhile, Asian Paints and Nestle India weighed on the indices. Among individual stocks, shares of NHPC gained 2 percent after the subsidiary signed MoU with the government of Rajasthan. Besides, shares of RBL Bank soared over 23 percent in three days after the board cleared the Rs 3,000 crore fundraising.

CLOSING BELL: Sensex closed at 59,085, up 54 points and the Nifty50, ended 27 points higher at 17,605

CLOSING BELL: Sensex closed at 59,085, up 54 points and the Nifty50, ended 27 points higher at 17,605

Wednesday, August 24, 2022

Indian equities whipsawed in trade today(24 August 2022) as investors juggled between expensive valuation, tepid global mood, and robust domestic outlook. The S&P BSE Sensex closed at 59,085, up 54 points or 0.09 percent. The NSE Nifty50, meanwhile, ended 27 points, or 0.16 percent, higher at 17,605. In the broader markets, the BSE MidCap and SmallCap indices advanced 0.7 percent each. Sector-wise, the Nifty Media index climbed 1.7 percent, the Nifty Realty added 1.8 percent, and the Nifty Private Bank index gained 1.6 percent. On the flipside, the Nifty IT and Pharma slipped 0.3 percent each. Read more

MARKET UPDATE:Sensex inched above 59,000 levels and the Nifty50 climbed above 17,550 levels

MARKET UPDATE:Sensex inched above 59,000 levels and the Nifty50 climbed above 17,550 levels

Wednesday, August 24, 2022

Opening Bell: Markets opened on a flat note amid weak global cues today(24 August 2022). Frontline indices Nifty50 climbed above 17,550 levels, whereas the S&P BSE Sensex inched above 59,000 levels. Broader markets marched forward in the trade as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.5 percent. Sector-wise, Nifty Media and Nifty Realty opened with marginal gains. Nifty Auto and Nifty Financial Services, however, opened with minor losses. IndusInd Bank, ITC, Sun Pharma, and TCS supported the benchmark indices, whereas, Bharti Airtel, Asian Paints, and Maruti weighed on the benchmark indices. Besides, shares of NDTV hit 5 percent upper circuit as Adani Group plans to acquire a 29.1 percent stake.

MARKET UPDATE:Sensex was up 200 points near 59,000 level and the Nifty50 above the 17,550-mark, rising over 70 points

MARKET UPDATE:Sensex was up 200 points near 59,000 level and the Nifty50 above the 17,550-mark, rising over 70 points

Tuesday, August 23, 2022

Opening Bell: In a sharp rebound, equity markets reversed morning losses and were trading with decent gains today(23 August 2022). Frontline Nifty50 index was back above the 17,550-mark, rising over 70 points, while the S&P BSE Sensex was up 200 points near 59,000 levels. Broader markets, too, recouped losses as the Nifty Midcap 100 and Nifty Smallcap 100 advanced up to 0.9 percent. While NTPC, M&M, and Sun Pharma were supporting the indices to trim losses; Infosys, Wipro, and Tech Mahindra weighed heavily on the indices. . All sectors opened in the negative zone with Nifty IT and Nifty Metal indices battered in trade. Among individual stocks, shares of Infosys dropped over 2 percent after the IT major slashed the average variable payout for the June quarter. Besides, shares of RBL Bank gained over 2 percent after the board approved fund raise of Rs 3,000 crore.

MARKET UPDATE:Sensex declined over 650 points to 58,986 level and the Nifty50 extended loss over 150 points lower to trade below 17,600 levels

MARKET UPDATE:Sensex declined over 650 points to 58,986 level and the Nifty50 extended loss over 150 points lower to trade below 17,600 levels

Monday, August 22, 2022

Bears pulled markets into negative territory today (22 August 2022) as Nifty50 extended a loss of over 150 points lower to trade below 17,600 levels. The S&P BSE Sensex declined over 650 points to 58,986 levels. Broader markets, too, edged lower in the trade as Nifty Midcap 100 and Nifty Smallcap 100 slipped over 1 percent each. Barring Nifty FMCG, all sectors dropped in the negative zone with Nifty IT, Nifty Realty, and Nifty IT indices the most battered trade. Among individual stocks, shares of Adani Power hit a 52-week high of Rs 427 per share after the company acquired DB Power for around Rs 7,000 crore. Besides, shares of Delhivery shed over 5 percent after the logistics firm net loss widened to Rs 399 crore in Q1FY23.

MARKET UPDATE:Sensex climbed over 300 points at 59,793 levels and the Nifty50 rose over 50 points to trade above 17,750 levels

MARKET UPDATE:Sensex climbed over 300 points at 59,793 levels and the Nifty50 rose over 50 points to trade above 17,750 levels

Tuesday, August 16, 2022

Opening Bell: Markets opened higher in today's ( 16 august 2022) trade on the BSE amid positive global cues. Frontline indices Nifty50 rose over 50 points to trade above 17,750 levels, while the S&P BSE Sensex climbed over 300 points at 59,793 levels. Broader markets, too, rose in tandem as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.6 percent. Sector-wise, Nifty Auto, Nifty Bank, and Nifty IT were the winners. Nifty Metal, however, was the sole sectoral loser in the trade. Among individual stocks, shares of Mahindra & Mahindra (M&M) hit a 52-week high of Rs 1,298 per share after the auto major launched five new electric SUVs.

MARKET UPDATE:Sensex shed 100 points to trade at 59,226 levels and the Nifty50 slipped below 17,650 levels

MARKET UPDATE:Sensex shed 100 points to trade at 59,226 levels and the Nifty50 slipped below 17,650 levels

Friday, August 12, 2022

Opening Bell: Indian markets opened flat in today's(12 august 2022) trade on the BSE. Frontline indices Nifty50 slipped below 17,650 levels and the S&P BSE Sensex shed 100 points to trade at 59,226 levels Broader markets outperformed benchmark indices as Nifty Smallcap 100 and Nifty Midcap 100 surged up to 0.2 percent. Power Grid, NTPC, Tata Steel, SBI, and IndusInd Bank were the top contributors to the benchmark indices. Maruti, Nestle India, and Tech Mahindra, on the other hand, weighed on benchmark indices Sector-wise, Nifty Realty and Nifty Metal led the pack. Nifty IT, Nifty Auto, and Nifty Media, however, were losers in the trade. Among individual stocks, shares of Oil India climbed 1 percent after the state explorer tripled its net profit to Rs 1,555.4 crore in Q1FY23

MARKET UPDATE:Sensex surges 500pts, Nifty50 above 17,700 in pre-open deals

MARKET UPDATE:Sensex surges 500pts, Nifty50 above 17,700 in pre-open deals

Thursday, August 11, 2022

Opening Bell: The Indian equity markets are likely to open on a positive note amid supportive global cues. As of 7:50 AM, the SGX Nifty Futures quoted 17,743 levels, indicating a gap up open of over 200 odd points on the Nifty50. Globally, better-than-expected US inflation data at 8.5 percent in July cheered Wall Street on Wednesday. Dow Jones jumped 500 points to 1.6 percent, while the S&P 500 climbed 2.1 percent, and NASDAQ Composite advanced 2.8 percent. Asia-Pacific markets followed suit and climbed in Thursday's morning trade. Australia's S&P 200 rose 0.9 percent, while South Korea's Kospi was 1.3 percent higher. Read more

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

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

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:Sensex climbed over 200 points to trade at 58,517 levels and Nifty50 rose 40 points to trade above 17,400 levels

MARKET UPDATE:Sensex climbed over 200 points to trade at 58,517 levels and Nifty50 rose 40 points to trade above 17,400 levels

Friday, August 5, 2022

The Indian equity markets steered in a positive direction after the Reserve Bank of India (RBI) hiked repo rates by 50 basis points (bps) to 5.4 percent. With this rate-hike cycle, the Indian central bank has raised interest rates by 140 bps so far. Frontline indices like Nifty50 rose 40 points to trade above 17,400 levels, whereas the S&P BSE Sensex climbed over 200 points to trade at 58,517 levels. Rate-sensitive sectors like Nifty Bank and Nifty Realty gain up to 0.4 percent. Nifty Auto, however, was down 0.1 percent in trade.

MARKET UPDATE:Sensex up 300 points to 58,676.8 levels and the Nifty50 opened over 50 points higher to trade above 17,450 levels

MARKET UPDATE:Sensex up 300 points to 58,676.8 levels and the Nifty50 opened over 50 points higher to trade above 17,450 levels

Thursday, August 4, 2022

Opening Bell: Bulls drove Indian markets higher as they opened in positive territory at the BSE today(4 August 2022). Frontline indices Nifty50 opened over 50 points higher to trade above 17,450 levels, whereas the S&P BSE Sensex was up 300 points to 58,676.8 levels. The strength spilled across broader markets as Nifty Midcap 100 and Nifty Smallcap 100 climbed up to 0.8 percent. Hindalco, Infosys, Shree Cements, UPL, IndusInd Bank, Ultratech Cement, TCS, Bajaj Finserv, and Axis Bank were the top contributors to the benchmark indices. Sector-wise, Nifty IT and Nifty Media led the upside. Nifty Realty, however, was the sore sectoral loser. Read more

MARKET UPDATE:Sensex climbed 100 points to 58,245 levels and the Nifty50 rose 33 points above 17,350 levels

MARKET UPDATE:Sensex climbed 100 points to 58,245 levels and the Nifty50 rose 33 points above 17,350 levels

Wednesday, August 3, 2022

Opening Bell: The Indian equity markets today(3 August 2022) opened on a positive note at the BSE despite mixed global cues. Frontline indices Nifty50 rose 33 points above 17,350 levels and the S&P BSE Sensex climbed 100 points to 58,245 levels. While Eicher Motors, JSW Steel, and Cipla were the top contributors to the 50-packed index, Bharti Airtel, Reliance, and Tata Steel were top contributors to the S&P BSE Sensex. Broader markets, meanwhile, were mixed in trade. Nifty Midcap 100 was down 0.1 percent, whereas Nifty Smallcap 100 surged 0.3 percent. Sector-wise, Nifty Metal, and Nifty Pharma opened with marginal gains. However, Nifty Auto and Nifty Media indices were bogged down in trade. Read more

MARKET UPDATE:Sensex down over 150 points to 57,929 levels and the Nifty50 slipped over 50 points below 17,300 levels

MARKET UPDATE:Sensex down over 150 points to 57,929 levels and the Nifty50 slipped over 50 points below 17,300 levels

Tuesday, August 2, 2022

Opening Bell: The Indian markets opened choppy today (2 August 2022) morning at the BSE amid weak global sentiments. Frontline indices Nifty50 slipped over 50 points below 17,300 levels, whereas the S&P BSE Sensex was down over 150 points to 57,929 levels. Also, broader markets were under pressure as Nifty Midcap 100 and Nifty Smallcap 100 declined 0.2 percent and 0.1 percent, respectively. Sector-wise, the Nifty Metal index bled over 1 percent in trade. However, Nifty FMCG and Nifty Media indices opened with marginal gains. Read more

MARKET UPDATE:Sensex climbed to 57,823 levels and the Nifty rose to 17,222 levels

MARKET UPDATE:Sensex climbed to 57,823 levels and the Nifty rose to 17,222 levels

Monday, August 1, 2022

Opening bell: Indian markets opened in positive territory today(1st August 2022) at BSE. Nifty50 rose 0.3 per cent, to 17,222 levels, while the S&P BSE Sensex climbed 0.2 per cent to 57,823 levels. Broader markets, too, were exuberant in the trade as Nifty Midcap 100 and Nifty Smallcap 100 inched higher up to 0.5 percent. Sector-wise, Nifty Auto and Nifty Media hogged the limelight as they climbed to 2 percent in trade. UPL surged 2.09 percent among individual stocks ahead of their June quarter results (Q1FY23). Besides, shares of Zee Entertainment were up 3.6 percent in trade after exchanges approved their merger with Sony Pictures Networks India.

MARKET UPDATE:Sensex soared 500 points to 57,354, and the Nifty50 advanced 160 points to 17,090

MARKET UPDATE:Sensex soared 500 points to 57,354, and the Nifty50 advanced 160 points to 17,090

Friday, July 29, 2022

OPENING BELL: The Indian markets opened firmly higher today(29 July 2022) tracking strength in US markets overnight. The BSE Sensex soared 500 points to 57,354, and the NSE Nifty50 advanced 160 points to 17,090. Tata Steel, Bajaj Finserv, Power Grid, Titan, M&M, L&T, Wipro, and Nestle led gains on the Sensex, up to 2 percent higher. On the downside, Dr. Reddy's slipped the most, down 4 percent after weak Q1 results. It also pulled down other pharma majors with Sun Pharma, Cipla, and Divi's Labs sliding up to 1 percent. Read more

MARKET UPDATE:Sensex rose 500 points to 56,313, and the Nifty gained 120 points to 16,760

MARKET UPDATE:Sensex rose 500 points to 56,313, and the Nifty gained 120 points to 16,760

Thursday, July 28, 2022

OPENING BELL: The Indian markets perked up today(28 July 2022), opening firmly higher after the US Fed hinted at slowing down rate hikes eventually, which lifted global stocks. The BSE Sensex rose 500 points to 56,313, and the NSE Nifty50 gained 120 points to 16,760. All Sensex stocks opened higher. Bajaj Finance led gains on the index, up over 5 percent. Bajaj Finserv moved 4 percent higher. Tata Steel, IndusInd Bank, Infosys, Wipro, Axis Bank, and Kotak Bank were the other notable winners. On the downside, Dr. Reddy's and Sun Pharma came under pressure, slipping up to 2 percent. Bharti Airtel, ITC, and Nestle were also subdued. In the broader markets, Nifty500, Nifty MidCap 50, and Nifty SmallCap 50 also sat in green, up to 0.7 percent higher. Read more

MARKET UPDATE:Sensex down 11 points to 55,257 and the Nifty around the previous close at 16,472

MARKET UPDATE:Sensex down 11 points to 55,257 and the Nifty around the previous close at 16,472

Wednesday, July 27, 2022

OPENING BELL: The Indian markets opened flat today(27 July 2022) tracking global peers that were also subdued. The BSE Sensex was down 11 points to 55,257 and the NSE Nifty50 was around the previous close at 16,472. L&T, Maruti, M&M, Power Grid, Asian Paints, TCS, and Ultratech Cement were the top Sensex winners, while Bharti Airtel, Dr. Reddy's, Titan, Kotak Bank, and HUL led losses. The broader markets also suffered losses. The BSE MidCap and SmallCap indices were up to 0.3 percent lower. Sector-wise, Nifty consumer durables slipped the most, down over 1 percent. All other pockets also turned negative soon after opening. Nifty IT was flat. Read more

MARKET UPDATE:Sensex fell 200 points to 55,560, and Nifty slipped 65 points to 16,565

MARKET UPDATE:Sensex fell 200 points to 55,560, and Nifty slipped 65 points to 16,565

Tuesday, July 26, 2022

OPENING BELL: The Indian markets had a tepid opening today(26 July 2022) amid sombre global mood as investors turn cautious ahead of the US Fed rate decision on Wednesday. The BSE Sensex fell 200 points to 55,560, and the NSE Nifty50 slipped 65 points to 16,565. Bajaj twins, Tech M, Tata Steel, ITC, and SBI were the only gainers on the Sensex, while Axis Bank, Dr. Reddy's, Asian Paints Maruti, and Infosys were the top losers. The broader markets also opened in the red. The BSE MidCap and SmallCap indices were up to 0.3 percent lower.

MARKET UPDATE:Sensex fell over 200 points to 55,890, and the Nifty slipped 42 points to 16,680

MARKET UPDATE:Sensex fell over 200 points to 55,890, and the Nifty slipped 42 points to 16,680

Monday, July 25, 2022

Opening Bell: The Indian markets started the new week today (25 July 2022) on a weak footing in line with the subdued global trends and earnings impact. The BSE Sensex fell over 200 points to 55,890, and the NSE Nifty50 slipped 42 points to 16,680. Reliance led Sensex losses, dropping 2.5 percent after brokerages cut the company's earnings estimates after its Q1 miss. Tech M, Infosys, Ultratech Cement, Kotak Bank, and TCS were the other top laggards, while ICICI Bank, Bajaj Finance, and Tata Steel were the top winners. Read more

MARKET UPDATE:Sensex rose 250 points to 55,916, and the Nifty gained 72 points to 16,677

MARKET UPDATE:Sensex rose 250 points to 55,916, and the Nifty gained 72 points to 16,677

Friday, July 22, 2022

Opening Bell: Indian markets opened higher today(22 July 2022) tracking strength in global markets. The BSE Sensex rose 250 points to 55,916, and the NSE Nifty50 gained 72 points to 16,677. Ultratech Cement, Tata Steel, Nestle, Tech M, M&M, Kotak Bank, Asian Paints, SBI, and HDFC were the top winners on the Sensex. UPL, Eicher Motors, and Adani Ports were the additional gainers on the Nifty. Infosys, IndusInd Bank, L&T, Bajaj Finance, Divis Labs, and ONGC were the top index losers. Read more

MARKET UPDATE:Sensex fell 100 points to 55,305, and the Nifty slipped 30 points to 16,490

MARKET UPDATE:Sensex fell 100 points to 55,305, and the Nifty slipped 30 points to 16,490

Thursday, July 21, 2022

The Indian equity markets opened weak today(21 July 2022) amid mixed cues from overseas. Weekly F&O expiry was also weighed. The BSE Sensex fell 100 points to 55,305, and the NSE Nifty50 slipped 30 points to 16,490. IndusInd Bank, Sun Pharma, M&M, Maruti, and Bharti Airtel were the top gainers on the Sensex, while Wipro, L&T, Kotak Bank, Infosys, TCS, and Asian Paints slipped up to 1.8 percent. The broader markets, meanwhile, opened in green. The BSE MidCap and SmallCap indices were up to 0.17 percent higher. Sectorwise, Nifty FMCG, Realty, Metal, and Auto held gains. While IT index suffered the most losses as Wipro dragged other peers. Read more

MARKET UPDATE:Sensex soared over 650 points to 55,350, and the Nifty topped 16,550, gaining 200 points

MARKET UPDATE:Sensex soared over 650 points to 55,350, and the Nifty topped 16,550, gaining 200 points

Wednesday, July 20, 2022

The Indian markets, uplifted by the reduction in windfall tax on fuel exports and oil output, sharply edged higher today(20 July 2022) led by Reliance and ONGC, which rose 3-5 percent. The BSE Sensex soared over 650 points to 55,350, and the NSE Nifty50 topped 16,550, gaining 200 points. The broader markets also sat in green. The BSE MidCap and SmallCap indices were up to 0.9 percent higher. Among sectors, Nifty IT, metals, and oil & gas packs rose the most by 1.8 percent each. All other pockets also sat with firm gains of up to 1 percent. Rallis India fell 2 percent in a strong market reporting an 18.1 percent decline in Q1FY23 net profit at Rs 67.47 crore when compared with Rs 82.42 crore in Q1FY22. Uplifted by the reduction in windfall tax on fuel exports and oil output, x sharply edged higher on Wednesday led by Reliance and ONGC, which rose 3-5 percent.

MARKET UPDATE: Sensex fell 200 points to 54,360, and the Nifty slipped 50 points to 16,227

MARKET UPDATE: Sensex fell 200 points to 54,360, and the Nifty slipped 50 points to 16,227

Tuesday, July 19, 2022

The BSE Sensex fell 200 points to 54,360, and the NSE Nifty50 slipped 50 points to 16,227. Tata Steel, Sun Pharma, Bharti Airtel, NTPC, Reliance, Ultratech Cement, PowerGrid, and Dr. Reddy were the handful of gainers on the Sensex. ONGC and Coal India were the additional Nifty winners. On the flipside, HCL Tech, Asian Paints, Tech M, TCS, Infy, Bajaj Finserv, HUL, Nestle, Tata Consumer, HDFC Life, and Britannia led losses on the two indices, down up to 1.5 percent. However, the broader markets opened in green. The BSE MidCap and SmallCap indices were up to 0.14 percent higher. Sectorally, Nifty auto, metals, and pharma indices outperformed the weak market, rising up to 0.6 percent. Financials, FMCG and IT sat with losses. Among stocks, Surya Roshini rose over 4 percent on winning an order worth Rs 91 crores. In the currency market, the rupee breached the 80/$ mark at open before slightly pulling back to 79.95/$.

MARKET UPDATE: Sensex rose over 450 points to 54,237, while Nifty advanced 130 points to 16,180

MARKET UPDATE: Sensex rose over 450 points to 54,237, while Nifty advanced 130 points to 16,180

Monday, July 18, 2022

Indian stock markets opened with strong gains today(18 July 2022) tracking strength in Asian and US equities. The BSE Sensex rose over 450 points to 54,237, and the NSE Nifty50 advanced 130 points to 16,180. Infosys, Tech M, L&T, Dr. Reddy's, Sun Pharma IndusInd Bank, HUL, Tata Steel, and ICICI Bank led gains on the Sensex, rising 1-2 percent. Hindalco, JSW Steel, UPL, and ONGC were the additional gainers on Nifty. While HDFC twins, Britannia and M&M were the sole index losers holding tepid cuts. Read more

MARKET UPDATE: Sensex rose 300 points to 53,717, and Nifty gained 88 points to 16,030

MARKET UPDATE: Sensex rose 300 points to 53,717, and Nifty gained 88 points to 16,030

Friday, July 15, 2022

The Indian markets opened with nominal gains today(15 July 2022) tracking mixed cues from overseas amid declining commodity prices. The BSE Sensex rose 300 points to 53,717, and the NSE Nifty50 gained 88 points to 16,030. Bharti Airtel, SBI, Bajaj Finance, IndusInd, L&T, Kotak Bank, HUL, Infosys, and Tech M led gains on the Sensex. Britannia, Apollo Hospital, and Tata Consumer were the additional winners on Nifty. On the flipside, Tata Steel, HCL Tech, Axis Bank, Wipro, Tata Steel, JSW Steel, ONGC, and Hindalco were the top index drags. Read more

MARKET UPDATE: Sensex rose 180 points to 53,700, and the NSE Nifty50 advanced 60 points to 16,031

MARKET UPDATE: Sensex rose 180 points to 53,700, and the NSE Nifty50 advanced 60 points to 16,031

Thursday, July 14, 2022

The Indian markets started today's(14 July 2022) session with tepid gains as investors digested a 41-year high retail inflation in the US at 9.1 percent for June. The BSE Sensex rose 180 points to 53,700, and the NSE Nifty50 advanced 60 points to 16,031. Sun Pharma, Bharti Airtel, Titan, Nestle, L&T, HUL, Power Grid, and Dr. Reddy were the top winners of the Sensex. Apollo Hospitals, Tata Consumer, and Britannia were additional gainers on the Nifty. On the other hand, SBI, Axis Bank, ITC, Tata Steel, and JSW Steel were among the handful of index losers. The broader markets also opened in green. The BSE MidCap and SmallCap indices were up to 0.11 percent higher. Read more

MARKET UPDATE: Markets are likely to open on a positive ground;SGX Nifty Futures quoted 16,115 levels, up around 50 points

MARKET UPDATE: Markets are likely to open on a positive ground;SGX Nifty Futures quoted 16,115 levels, up around 50 points

Wednesday, July 13, 2022

Indian markets are likely to open on a positive ground despite mixed global cues today(13 July 2022). As of 7:40 AM, SGX Nifty Futures quoted 16,115 levels, up 50-odd points on the Nifty50. today(13 July 2022), investors will closely monitor the US inflation data for June. Back home, HCL Technologies will be on investors' radar after the IT major saw a rise in net profit by 2.4 percent year-on-year (YoY) to Rs 3,283 crore. Globally, the US markets closed lower on Tuesday on recession fears. While Dow Jones slipped 0.6 percent, both the S&P 500 and NASDAQ Composite declined 0.9 percent each. However, major markets in Asia-Pacific traded higher on Wednesday morning. Japan's Nikkei 225, South Korea's Kospi, and Hong Kong's Hang Seng index rose 0.3 percent each. Meanwhile, prices of crude oil tumbled below $100 per barrel on a stronger dollar and weak demand outlook. On Wednesday, Brent Crude hovered at $99 per barrel and WTI Crude was at $95 per barrel.

MARKET UPDATE: Sensex quoted at 54,084, down 311 points, while Nifty hovered around 16,108, down 108 points

MARKET UPDATE: Sensex quoted at 54,084, down 311 points, while Nifty hovered around 16,108, down 108 points

Tuesday, July 12, 2022

Indian benchmark indices started on a subdued note today (12 July 2022), following weakness in Asian markets. The 30-pack S&P BSE Sensex quoted at 54,084, down 311 points or 0.57 percent, in early deals while the Nifty50 hovered around 16,108, down 108 points or 0.67 percent. Tata Steel, HCL Tech, Dr. Reddy's Labs, Titan, Bajaj Finserv, and M&M were the major losers in the large-cap space, falling up to 2 percent in morning trade. Meanwhile, in the broader market, the BSE MidCap and SmallCap indices fell 0.5 percent each. Individually, shares of Spandana Sphoorty fell 5 percent after the company's consolidated net profit dropped 42 percent to Rs 28.6 crore in the March quarter (Q4FY22) after one-time settlement fees and transition expenses.

MARKET UPDATE: Sensex fell 300 points to 54,177, while Nifty slipped 82 points to 16,138

MARKET UPDATE: Sensex fell 300 points to 54,177, while Nifty slipped 82 points to 16,138

Monday, July 11, 2022

The Indian markets opened weak today(11 July 2022) tracking subdued global sentiment. To add to the pressure, IT giant TCS fell 3 percent as investors reacted to the company's soft Q1FY23 earnings. The BSE Sensex fell 300 points to 54,177, and the NSE Nifty50 slipped 82 points to 16,138. On the Sensex, all other IT companies also suffered losses with Infosys, HCL Tech, Wipro, and Tech M falling 1-2 percent. Bharti Airtel was the top loser, dipping 4 percent after the Adani group announced its plan to participate in the 5G spectrum auction to create the group’s own private networks and support its businesses. Read more

IT stocks likely to remain under pressure amid global headwinds

IT stocks likely to remain under pressure amid global headwinds

Sunday, July 10, 2022

Information technology stocks are likely to remain under pressure in the near term amid headwinds emanating from the worsening economic situation in key global markets and financial market volatility, according to analysts. While the country's largest software exporter TCS reported a 5.2 percent rise in June quarter net profit on Friday, kicking off the latest earnings cycle, IT shares have been sliding, with the BSE Information Technology index tumbling nearly 24 percent so far this year. Cross-currency headwinds and large-scale talent churn resulting in higher wage hikes could also add to the challenges, especially in terms of the impact on operating margins, analysts opined. Read more

MARKET UPDATE: Sensex rose 300 points to 54,527, and the NSE Nifty50 gained 90 points to 16,222

MARKET UPDATE: Sensex rose 300 points to 54,527, and the NSE Nifty50 gained 90 points to 16,222

Friday, July 8, 2022

Indian equity markets started today's(8 July 2022) session firmly higher tracking strength in Asian and the US markets. The BSE Sensex rose 300 points to 54,527, and the NSE Nifty50 gained 90 points to 16,222. M&M, L&T, ICICI Bank, NTPC, Infosys, Axis Bank, Kotak Bank, ITC, HCL Tech, and Tech M were the top winners on the Sensex. Coal India, Grasim, and Britannia were the additional top gainers on Nifty. On the downside, Asian Paints, Titan, Tata Steel, JSW Steel, Dr Reddy's, Bajaj Finance, IndusInd Bank, Hindalco, and ONGC were the top losers across the two benchmarks. The broader markets also opened in green. The BSE MidCap and SmallCap indices were up to 0.3 per cent higher. Sector-wise Nifty Bank, Auto, Financials led sectoral gains. Nifty metals were the sole laggard among sectors. Among stocks, Suven Pharmaceuticals rose 2.6 per cent. The company has received US FDA approval for Glycopyrrolate. Glycopyrrolate is used to treat peptic ulcers in adults.

MARKET UPDATE: Sensex rose 450 points to 54,200, and Nifty advanced 150 points to 16,140

MARKET UPDATE: Sensex rose 450 points to 54,200, and Nifty advanced 150 points to 16,140

Thursday, July 7, 2022

The Indian markets opened gap-up today(7 July 2022), tracking positive cues from overseas amid a sharp fall in crude and strongly extended their previous session's gains. The BSE Sensex rose 450 points to 54,200, and the NSE Nifty50 advanced 150 points to 16,140. Titan, Asian Paints, M&M, Kotak Bank, Power Grid, ICICI Bank, and IndusInd Bank led the upmove on the Sensex, while Bharti Airtel was the sole index loser, down 0.5 percent. The broader markets also opened firmly higher. The BSE MidCap and SmallCap indices gained up to 0.8 percent.

MARKET UPDATE: Sensex rose 250 points to 53,400, and Nifty advanced 55 points to 15,865

MARKET UPDATE: Sensex rose 250 points to 53,400, and Nifty advanced 55 points to 15,865

Wednesday, July 6, 2022

The Indian equity markets opened with nominal gains today(6 July 2022) tracking subdued trade in other Asian markets. The BSE Sensex rose 250 points to 53,400, and the NSE Nifty50 advanced 55 points to 15,865. Asian Paints, L&T, Axis Bank, Bajaj twins, Kotak Bank, Maruti, Tech M, HUL, Ultratech Cement, and IndusInd Bank led gains on the Sensex, while Tata Steel, Nestle PowerGrid, NTPC, and ITC were the sole losers. The broader markets also opened in green. The BSE MidCap and SmallCap indices were up to 0.4 percent higher.

MARKET UPDATE: Sensex surged 600 points to 53,830 and Nifty was seen back above the 16,000-mark

MARKET UPDATE: Sensex surged 600 points to 53,830 and Nifty was seen back above the 16,000-mark

Tuesday, July 5, 2022

The Indian key benchmark indices extended gains for the second straight day as investors bought beaten-down shares in hopes of a relief rally. The BSE Sensex surged 600 points to 53,830. The NSE Nifty was seen back above the 16,000-mark after almost a month. In the broader markets, the BSE Midcap gained 0.8 percent while the SmallCap index jumped 1.2 percent. The overall breadth too was pretty optimistic with nearly three advancing stocks for every declining share. Among stocks, Marksans Pharma surged over 11 percent after the company said it would consider a share buyback. MMTC also soared 7 percent. The company has completed the sale of Neelachal Ispat Nigam to Tata Steel Long.

MARKET UPDATE: Indian equity markets are likely to start trade on a flattish note

MARKET UPDATE: Indian equity markets are likely to start trade on a flattish note

Monday, July 4, 2022

The Indian equity markets are likely to start trade today (4 July 2022) on a flattish note. As of 8:00 AM, the SGX Nifty Futures quoted 15,729 levels, indicating a cut of 23-odd points on the Nifty50. However, globally, the US markets closed in positive territory on Friday. Dow Jones advanced 1.05 percent, while the S&P 500 rose 1.06 percent, and NASDAQ Composite was up 0.9 percent. Asia-Pacific markets, too, imitated the positive cues from the US markets and edged higher on Monday morning. Japan's Nikkei 225 rose 1.09 percent and South Korea's Kospi was up 0.2 percent. Back home, macro data and corporate earnings season will steer the markets this week. That apart, among individual stocks, HDFC and HDFC Bank will be in focus after both stock exchanges approved their proposed merger.

MARKET UPDATE: Indian equity markets are likely to open lower

MARKET UPDATE: Indian equity markets are likely to open lower

Friday, July 1, 2022

The Indian equity markets are likely to open lower in trade today(1 July 2022) amid unfavourable global sentiments. As of 7:50 AM, the SGX Nifty Futures quoted 15,722 levels, signaling a cut of 50-odd points on the Nifty50. The US markets continued to be under selling pressure yesterday. Fed's tough talks coupled with recession fears eroded investor sentiment and bogged down the S&P 500 to the path of the worst first half of the year since 1970. Both Dow Jones and the S&P 500 shed 0.8 percent each, whereas, NASDAQ Composite lost 1.3 percent. Read more

MARKET UPDATE: Indian equity markets: Likely to open on a muted note

MARKET UPDATE: Indian equity markets: Likely to open on a muted note

Thursday, June 30, 2022

As global cues turn mixed, the Indian equity markets are likely to open on a muted note today(30 June 2022). At 7:54 AM, the SGX Nifty Futures quoted 15,740 levels, indicating a cut of over 50 points on the Nifty50. Globally, the US markets closed mixed yesterday (29 June) after Federal Reserve Chairman Jerome Powell emphasised the central banks' hawkish stance to tame high inflation. While Dow Jones advanced 0.2 percent, both NASDAQ Composite and the S&P 500 dropped into the negative zone - falling to 0.03 percent and 0.07 percent, respectively. Read more

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

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

MARKET UPDATE: Indian equity markets are likely to open on a choppy ground

MARKET UPDATE: Indian equity markets are likely to open on a choppy ground

Tuesday, June 28, 2022

The Indian equity markets are likely to open on the choppy ground today(28 June 2022) as investors' moods turn cautious overseas. As of 7:58 AM, the SGX Nifty Futures quoted 15,736 levels, indicating a cut of 96-odd points on the Nifty50. Globally, the US equity markets turned muted as all major indexes on Wall Street dropped in trade on Monday, June 27. Dow Jones slipped 0.2 percent, the S&P 500 dropped 0.3 percent, and NASDAQ Composite fell 0.7 percent. Today morning, major markets in Asia-Pacific, too, traded mixed as covid-19 clampdown drowned hopes of a robust recovery. While Hong Kong's Hang Seng index was 0.7 percent, Japan's Nikkei 225 advanced 0.4 percent. Among individual stocks, Bajaj Auto will see some action as the board-approved buyback worth up to Rs 2,500 crore. Besides that, Moody's upgraded Tata Steel's outlook to 'positive' from 'stable' on strong operational performance backed by a healthy liquidity position.

MARKET UPDATE: Sensex rose 700 points to 53,335, while Nifty gained 180 points to 15,880

MARKET UPDATE: Sensex rose 700 points to 53,335, while Nifty gained 180 points to 15,880

Monday, June 27, 2022

The Indian markets were firmly higher in early trades today(27 June 2022) tracking strength in the US and Asia. The BSE Sensex rose 700 points to 53,335, while the NSE Nifty gained 180 points to 15,880. In the broader markets, the BSE MidCap and SmallCap indices also sat in the positive territory, rising 1 percent and 1.6 percent, respectively. Sector-wise also all pockets moved higher. Nifty IT and metals led the gains, rising over 2 percent each. Banks, Auto, Financials, and Realty also gained over 1 percent each. Among stocks, Hindustan Copper gained over 2 percent. The state-owned company will meet on Thursday to consider a proposal to raise up to Rs 500 crore via debentures. SBI cards rose 3 percent after the company's May credit card spending rose by 8 percent from April.

MARKET UPDATE: Sensex rose 500 points to 52,800, and Nifty advanced 150 points to 15,710

MARKET UPDATE: Sensex rose 500 points to 52,800, and Nifty advanced 150 points to 15,710

Friday, June 24, 2022

In tune with positive global cues across the US and Asian equities, the Indian markets opened firmly higher today(24 June 2022). The BSE Sensex rose 500 points to 52,800, and the NSE Nifty advanced 150 points to 15,710. IndusInd Bank, Axis Bank, SBI, ICICI, Bajaj Finance, Wipro, Tata Steel, Bharti Airtel, HUL, and Ultratech Cement led gains on the Sensex, gaining up to 2.7 percent. ONGC and Apollo Hospitals were the additional winners on the Nifty. Tech M and Asian Paints were the only losers on the two benchmarks. In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, rising up to 1 percent. Read more

Sensex on flatline at 51,972 level, while Nifty held the 15,400-mark

Sensex on flatline at 51,972 level, while Nifty held the 15,400-mark

Thursday, June 23, 2022

The Indian markets opened flat today(23 June 2022) tracking mixed global cues. The BSE Sensex was around the flatline at the 51,972 level, while the NSE Nifty held the 15,400 mark. Among the Sensex-30 shares, Airtel, Wipro, TCS, Maruti, ICICI Bank, Ultratech Cement, Asian Paints, M&M, and Dr Reddy's were the top gainers, up to 2 percent higher. Hero Moto and Bajaj Auto rose 4 percent and 3 percent, respectively, on the Nifty. Titan, PowerGrid, Reliance, Apollo Hospitals, ONGC, and SBI Life, meanwhile, were the top laggards on the two benchmarks. In the broader markets, the BSE MidCap and SmallCap indices were in the positive territory, up to 0.4 percent higher. Read more

MARKET UPDATE: Sensex fell 400 points to 52,140, while the NSE Nifty shed 125 points to 15,513

MARKET UPDATE: Sensex fell 400 points to 52,140, while the NSE Nifty shed 125 points to 15,513

Wednesday, June 22, 2022

The Indian markets opened with steep cuts today(22 June 2022) tracking weakness in US futures and some Asian markets. The BSE Sensex fell 400 points to 52,140, while the NSE Nifty shed 125 points to 15,513. Tata Steel, NTPC, Wipro, Tech M, HCL Tech, IndusInd Bank, Titan, and Reliance led losses on the Sensex, down up to 3 percent. Hindalco, ONGC, and JSW Steel were the top Nifty losers. On the downside, Dr. Reddy's, HUL, Asian Paints, Bajaj Auto, Maruti, and Sun Pharma were among the handful of gainers on the two benchmarks. In the broader markets, the BSE MidCap and SmallCap indices were in the negative territory, falling up to 0.8 percent. Read more

MARKET UPDATE: Sensex rose 400 points to reclaim the 52,000-mark, and Nifty gained 100 points to 15,450

MARKET UPDATE: Sensex rose 400 points to reclaim the 52,000-mark, and Nifty gained 100 points to 15,450

Tuesday, June 21, 2022

Continuing their recovery, the Sensex and Nifty indices extended gains today(21 June 2022) opening higher. The BSE Sensex rose 400 points to reclaim the 52,000 mark, and the NSE Nifty gained 100 points to 15,450. Among the Sensex-30 shares, Tata Steel, IndusInd Bank, Titan, SBI, Tech M, Reliance, Bajaj twins, and HDFC were the top gainers. Hindalco, Tata Motors, Eicher Motors, and JSW Steel led gains on the Nifty. On the downside, HUL and Ultratech Cement were the sole underperformers across the two benchmarks. Read more

MARKET UPDATE: Sensex gained 170 points to 51,537 and the Nifty moved 30 points higher to 15,320

MARKET UPDATE: Sensex gained 170 points to 51,537 and the Nifty moved 30 points higher to 15,320

Monday, June 20, 2022

After an extremely negative week, the key benchmark indices started today's(20 June 2022) session with tepid gains amid subdued global sentiment. The BSE Sensex gained 170 points to 51,537 and the NSE Nifty50 moved 30 points higher to 15,320. Sun Pharma, Asian Paints, HUL Bajaj Finance, Wipro, TCS, and HDFC twins were the top winners on the Sensex. Tata Motors and Apollo Hospitals were the additional gainers on the Nifty. Whereas Tata Steel, PowerGrid, Coal India, ONCC, JSW Steel, and Hindalco were the top losers across the two benchmarks, down up to 4.5 percent. The broader markets, meanwhile, opened in the red. The BSE MidCap and SmallCap indices were up to 0.2 percent lower. Read more

MARKET UPDATE: Sensex fell 400 points to 51,081, while Nifty shed 117 points to 15,240

MARKET UPDATE: Sensex fell 400 points to 51,081, while Nifty shed 117 points to 15,240

Friday, June 17, 2022

The Indian markets opened lower today (17 June 2022), following a sharp selloff the previous day amid lingering global weakness. The BSE Sensex fell 400 points to 51,081, while the NSE Nifty shed 117 points to 15,240. On the Sensex, Wipro, TCS, HCL Tech, Titan, Tech M, IndusInd Bank, HDFC and Asian Paints led losses, down up to 2.6 per cent. Britannia, Tata Motors and HDFC Life were among losers on the Nifty. Read more

MARKET UPDATE: Sensex rose 568 points to 53,109, while Nifty at 15,860, higher by 170 points

MARKET UPDATE: Sensex rose 568 points to 53,109, while Nifty at 15,860, higher by 170 points

Thursday, June 16, 2022

The markets in India opened with strong gains today(16 June 2022) after global equities cheered the 75 bps rate hike by the US Fed overnight. The BSE Sensex rose 568 points to 53,109, while the NSE Nifty was at 15,860, higher by 170 points. Among the Sensex-30 shares, Reliance, Bajaj twins, ICICI Bank, IndusInd Bank, Maruti, SBI, Titan, and Axis Bank led gains, rising up to 2 percent. BPCL, Tata Motors, and Coal India were the additional winners on the Nifty. On the flipside, PowerGrid, Nestle, Dr. Reddy's, HUL, Bharti Airtel, and ONGC were the handful of losers on the two benchmarks. Read more

MARKET UPDATE: Sensex rose 60 points to 52,743, while Nifty was at 15,754, higher by 22 points

MARKET UPDATE: Sensex rose 60 points to 52,743, while Nifty was at 15,754, higher by 22 points

Wednesday, June 15, 2022

The markets in India opened flat today(15 June 2022) tracking mixed global cues ahead of the US Fed policy outcome later tonight. The BSE Sensex rose 60 points to 52,743, while the NSE Nifty was at 15,754, higher by 22 points. Tata Steel, Bajaj twins, M&M, Wipro, Asian Paints, IndusInd Bank, SBI, and Maruti were the top gainers on the 30-share Sensex. Tata Motors, Grasim, and Apollo Hospitals were the additional winners on the Nifty. HUL, Reliance, Bharti Airtel, HDFC twins, Nestle, BPCL, Britannia, and Titan, meanwhile, were the top losers on the two frontline indices. Read more

MARKET UPDATE: Sensex fell 200 points to 52,677, while Nifty slipped 40 points to 15,730

MARKET UPDATE: Sensex fell 200 points to 52,677, while Nifty slipped 40 points to 15,730

Tuesday, June 14, 2022

The Indian markets opened with nominal losses today (14 June 2022) as a global sell-off continued overnight in the US and across Asia this morning. The BSE Sensex fell 200 points to 52,677, while the NSE Nifty slipped 40 points to 15,730. Tech M, Asian Paints, HDFC twins, Wipro, Infosys, ICICI Bank, and Kotak Bank led losses on the Sensex, while Tata Motors, HDFC Life, and HeroMoto Corp were the additional laggards on the Nifty. On the upside, Bharti Airtel, M&M, L&T, NTPC, PowerGrid, Dr. Reddy's, Tata Steel, ITC, Adani Ports, and Grasim were the top gainers, lending strength to the benchmarks. Read more

MARKET UPDATE: Sensex slumped over 1,500 points as it slipped below the 53,000 level and Nifty shed 400 points to moved below 15,800

MARKET UPDATE: Sensex slumped over 1,500 points as it slipped below the 53,000 level and Nifty shed 400 points to moved below 15,800

Monday, June 13, 2022

The Indian equity markets cracked on the bourses today(13 June 2022), bleeding under global pressure. The S&P BSE Sensex slumped over 1,500 points as it slipped below the 53,000 level and the Nifty50 shed 400 points to move below 15,800. All sectors also held steep losses led by Nifty PSBs that cracked 4 percent. Nifty Realty, Banks, and Financials were the next top losers, sliding 3 percent each. The broader markets were also in tandem with the frontline indices. The BSE MidCap and SmallCap indices tanked 2.3 and 2.4 percent, respectively. LIC slips 4% as anchor investor lock-in ends; down 28% from the issue price. In the currency market, the rupee yet again slumped to an all-time low as it breached the 78/$- mark.

MARKET UPDATE: Sensex fell over 700 points to 54,580, while Nifty shed 200 points to hover around 16,250

MARKET UPDATE: Sensex fell over 700 points to 54,580, while Nifty shed 200 points to hover around 16,250

Friday, June 10, 2022

The Indian key benchmark indices were sharply lower today(10 June 2022), tracking a plunge in global markets on inflation fears and ahead of the US May CPI data, which remains a crucial pivot for investors around the world. The BSE Sensex fell over 700 points to 54,580, while the NSE Nifty shed 200 points to hover around 16,250. In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down up to 0.9 percent. Read more

MARKET UPDATE: Sensex down 100 points to 54,770, while Nifty held on to the 16,300-mark

MARKET UPDATE: Sensex down 100 points to 54,770, while Nifty held on to the 16,300-mark

Thursday, June 9, 2022

The key benchmark indices in Indian markets erased opening losses in early trades today(9 June 2022) as heavyweights RIL, ITC, and pharma stocks remained firm in a weak market. Investors are digesting the possibility of more interest rate hikes in the current fiscal after the RBI delivered a 50 bps hike on Wednesday. The BSE Sensex was off day's low, down 100 points to 54,770, while the NSE Nifty held on to the 16,300-mark. In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down up to 0.3 percent. Sectorally, barring pharma and oil & gas pockets on the Nifty, all other indices sat in red. Nifty IT, realty, banks, financials, and auto were down up to 0.6 percent. Among stocks, Oil India defied market sentiment and surged 7 percent as brent continues to trade at elevated levels of $124 a barrel.

MARKET UPDATE: Sensex up 190 points to 55,298 and Nifty up 59 pts to 16,476

MARKET UPDATE: Sensex up 190 points to 55,298 and Nifty up 59 pts to 16,476

Wednesday, June 8, 2022

The Indian markets turned positive after the Reserve Bank of India (RBI) retained the GDP growth forecast at 7.2 percent today(8 June 2022). It, however, hiked the key repo rate by 50 bps to rein in inflation. This was the second raise in a row this year, which came in line with Street's expectations. With this, the repo rate now stands at 4.9 percent, up from 4.4 percent. RBI Governor Shaktikanta Das added that the MPC has decided unanimously to keep the policy stance ‘withdrawal of accommodation’. The BSE Sensex was up 190 points to 55,298 and the NSE Nifty50 was up 59 pts to 16,476. On the inflation front, the central bank raised the consumer price (CPI) or retail inflation forecast for FY23 to 6.7 percent from 5.7 percent. Sector-wise, Banks, Financials, Metals, PSBs, and Realty indices held nominal gains on the Nifty. While, Auto, IT, Pharma, FMCG, and Consumer Durables were the top losers, down up to a percent.

MARKET UPDATE: Sensex fell 600 points to 55,050, while Nifty shed 180 points to slip below 16,400

MARKET UPDATE: Sensex fell 600 points to 55,050, while Nifty shed 180 points to slip below 16,400

Tuesday, June 7, 2022

The Indian key benchmark indices extended losses in early deals today(7 June 2022) tracking subdued sentiment overseas. The BSE Sensex fell 600 points to 55,050, while the NSE Nifty shed 180 points to slip below 16,400. In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down up to 1 percent. Sectorwise, consumer durables, financials, auto, realty, and banks led losses on the Nifty, down up to 2 percent. Nifty IT and FMCG were other notable losers. Among stocks, shares of PB Fintech, which operates online insurance broker Policybazaar and loan marketplace Paisabazaar, plunged 10 percent on the BSE after Yashish Dahiya, chairman executive and CEO of the company revealed his plan to sell up to 3.77 million equity shares through an open market.

MARKET UPDATE: Sensex down 300 points to 55,438, and Nifty slipped 90 points to 16,500

MARKET UPDATE: Sensex down 300 points to 55,438, and Nifty slipped 90 points to 16,500

Monday, June 6, 2022

The Indian key benchmark indices held minor cuts in today's(6 June 2022) session tracking weakness in global markets as investors raised bets of steeper rate hikes by the US Fed, following positive unemployment data on Friday. In early deals, the BSE Sensex was down 300 points to 55,438, and the NSE Nifty50 slipped 90 points to 16,500. IT stocks led losses on the Sensex with Wipro, Tech M, Infosys, TCS, and HCL Tech dropping 1-2 percent. Bajaj twins, HUL, and Asian Paints were the other notable laggards. The broader markets also opened in the red. The BSE MidCap and SmallCap indices were up to 0.2 percent lower. Sectorally, Nifty IT, Media, Metals, PSBs, and Realty indices suffered the maximum losses, each down over 1 percent. Other pockets were also in red.

MARKET UPDATE: Sensex rose 500 points to 56,320, while Nifty climbed 150 points to 16,780

MARKET UPDATE: Sensex rose 500 points to 56,320, while Nifty climbed 150 points to 16,780

Friday, June 3, 2022

The key benchmark indices were upbeat today(3 June 2022) following a relief rally in the US markets overnight and firm Asian indices. The BSE Sensex rose 500 points to 56,320, while the NSE Nifty climbed 150 points to 16,780. In the broader markets, the BSE MidCap and SmallCap indices also opened in the green, rising up to 0.8 percent. Sectorally, Nifty IT soared over 2 percent following a strong rally in US tech stocks on overnight. Nifty Bank, PSBs, and Pharma were other notable winners. Specialty company Aether Industries is listed at Rs 706, a 10 percent premium over its issue price of Rs 642, on the BSE. The stock soon after hit the upper circuit, surging over 20 percent.

MARKET UPDATE: Sensex held mild gains around 100 points and the NSE Nifty was broadly unchanged at 16,520

MARKET UPDATE: Sensex held mild gains around 100 points and the NSE Nifty was broadly unchanged at 16,520

Thursday, June 2, 2022

The Indian frontline indices opened with minor cuts today (2 June 2022) amid subdued global sentiment, but turned flat soon after, as IT and public sector banks gained buying interest. The BSE Sensex held mild gains of around 100 points and the NSE Nifty was broadly unchanged at 16,520. In the broader markets, the BSE MidCap was down 0.3 percent while the SmallCap index was up equally. Sectorally, Nifty Financials, FMCG, Banks, and Auto indices were notable losers, down 1 percent. On the flip side, IT and PSB indices on the Nifty held strong gains of around a percent each. Among stocks, Religare Enterprises soared over 10 percent. The company said it has resolved many legacy issues left over by its erstwhile promoters, including settlement with SEBI and becoming debt-free.

MARKET UPDATE: Sensex up around 400 points at 54,650, while Nifty neared the 16,300-level

MARKET UPDATE: Sensex up around 400 points at 54,650, while Nifty neared the 16,300-level

Friday, May 27, 2022

The Indian key benchmark indices were seen holding gains in noon deals on the back of sustained buying support in IT and financial shares, today (27 May 2022) The BSE Sensex was up around 400 points at 54,650, while the NSE Nifty neared the 16,300-level. The broader markets were also up with gains - the BSE MidCap and SmallCap indices were up over a percent each. The breadth too was fairly positive, with advancing shares outpacing declining stocks in the 2:1 ratio. Sector-wise, the BSE IT, Bankex and Capital Goods indices were the top performers, while the Oil & Gas index lagged, dragged by Reliance. Christopher Wood, global head of equity strategy at Jefferies believes that S&P 500 has more room for a downside. Investors, he suggests, should look to exit stocks on any intermittent bounce-back.

Closing bell:Sensex closed at 54,252.5, up 503 points while Nifty advanced 144 points to close at 16,170

Closing bell:Sensex closed at 54,252.5, up 503 points while Nifty advanced 144 points to close at 16,170

Thursday, May 26, 2022

The S&P BSE Sensex traded in a broad range of 921 points today ( 26 May 2022) as it hit a high and low of 54,346 and 53,425, respectively. By the close, the index stood at 54,252.5, up 503 points or 0.9 percent against its previous close. The Nifty50 index, meanwhile, advanced 144 points or 0.9 percent to close at 16,170. It gyrated within a range of 16,203 and 15,903 levels. The broader BSE MidCap and SmallCap indices outrun the benchmarks today as they rose up to 1.4 percent. Tata Steel and JSW Steel were the top large-cap frontrunners today, rallying 7 percent and 5 percent, respectively, after two straight days of bear hammering. Apollo Hospitals, SBI, Hindalco, Axis Bank, HDFC Bank, and HDFC were the other gainers on the Nifty50 index, rising over 2 percent each. Read more

MARKET UPDATE: Sensex rose 327 points to 54,077, while Nifty climbed 84 points to 16,110

MARKET UPDATE: Sensex rose 327 points to 54,077, while Nifty climbed 84 points to 16,110

Thursday, May 26, 2022

The Indian key benchmark indices started today’s(26 May 2022) session on a positive note following a rally in US markets overnight. The BSE Sensex rose 327 points to 54,077, while the NSE Nifty climbed 84 points to 16,110. Among the Sensex-30 shares, Tata Steel, ICICI Bank, Wipro, Axis Bank, HDFC Bank, TCS, PowerGrid, IndusInd Bank, HCL Tech, and SBI were the top gainers, gaining up to 1 percent. Hindalco was the additional winner on Nifty, up 1.5 percent. HUL, Bharti Airtel, NTPC, M&M, L&T, BPCL, ONGC, and Apollo Hospitals, meanwhile, were the top losers on the two benchmarks. In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, rising up to 0.4 percent. Read more

MARKET UPDATE: Sensex around the flatline, holding 54,050 while Nifty at 16,130

MARKET UPDATE: Sensex around the flatline, holding 54,050 while Nifty at 16,130

Wednesday, May 25, 2022

The key benchmark indices in Indian markets erased all opening gains and turned flat in today's(25 May 2022) trade amid muted global sentiment. The BSE Sensex and the NSE Nifty50 were around the flatline, holding 54,050, and 16,130 levels, respectively. Asian Paints, IT majors-TCS, Wipro, Infosys, Tech M, and HCL Tech were the top losers on the 30-share index, slipping 1-3 percent. The broader markets were underperforming the benchmarks. The BSE MidCap and SmallCap indices pared gains and fell 0.8 percent and 1.2 percent, respectively. Sector-wise, banking indices on BSE- bankex, finance, and private bank- rose 1 percent each, leading to the gains. While Nifty IT extended its fall, down 2 percent tracking Nasdaq's losses on Tuesday.

MARKET UPDATE: Sensex down 100 points to 54,210, while Nifty at 16,180, lower by 35 points

MARKET UPDATE: Sensex down 100 points to 54,210, while Nifty at 16,180, lower by 35 points

Tuesday, May 24, 2022

The Indian key benchmark indices opened today's(24 May 2022) session on a quiet note tracking losses in US equity futures and subdued Asian markets. In early deals, the BSE Sensex was down 100 points to 54,210, while the NSE Nifty was at 16,180, lower by 35 points. Logistics giant Delhivery saw a tepid debut, listing at a 1.2 percent premium on the BSE, at Rs 493 vs the issue price of Rs 487 a share. Venus Pipes and Tubes debuted at Rs 335, a premium of 2.76 percent over the issue price of Rs 326, on the BSE. That apart, sectorally, Nifty metals that slumped over 8 percent the previous day, were seen recovering partially. The index rose 1 percent, and PSBs also gained a percent. The two were leading sectoral gains. Other gainers included Nifty energy, banks, and auto pockets. While FMCG and IT were in the red.

MARKET UPDATE: Sensex down 100 points to 54,210, while Nifty at 16,180, lower by 35 points

MARKET UPDATE: Sensex down 100 points to 54,210, while Nifty at 16,180, lower by 35 points

Tuesday, May 24, 2022

CLOSING BELL: Sensex fell 642 points from the day's high and ended at 54,289, down 38 points and Nifty closed at 16,215, down 51.5 points

CLOSING BELL: Sensex fell 642 points from the day's high and ended at 54,289, down 38 points and Nifty closed at 16,215, down 51.5 points

Monday, May 23, 2022

Indian Equity markets turned sharply lower at the fag-end of the session, erasing gains and ending flat with a negative bias on Monday amid selling in index heavyweights like Tata Steel, HDFC twins, Reliance Industries, and ITC. The BSE Sensex index, which hit a high of 54,931 on the BSE, fell 642 points from the day's high and ended at 54,289, down 38 points or 0.07 percent. The NSE Nifty50, on the other hand, closed at 16,215, down 51.5 points or 0.3 percent. The index hit a high of 16,415 earlier today. Read more

MARKET UPDATE: Sensex rose over 250 points to 54,600, and Nifty gained 60 points to 16,330

MARKET UPDATE: Sensex rose over 250 points to 54,600, and Nifty gained 60 points to 16,330

Monday, May 23, 2022

The Indian key benchmark indices advanced today's early deals (23 May 2022) on the back of buying auto and construction stocks. The BSE Sensex rose over 250 points to 54,600, and the NSE Nifty50 gained 60 points to 16,330. Auto stocks Maruti, Hero Moto, Tata Motors, and Eicher Motors were among the top winners on Nifty, up 2.5-4 percent. On the flip side, metal stocks slumped on the hike in steel export duty. Tata Steel and JSW Steel fell over 10 percent each, leading to losses on Sensex and Nifty. The broader markets were outperforming the benchmarks. The BSE MidCap and the SmallCap indices rose up to 0.7 percent.

MARKET UPDATE: Sensex sank 1000 points to 53,180, and Nifty tanked 300 points to 15,920

MARKET UPDATE: Sensex sank 1000 points to 53,180, and Nifty tanked 300 points to 15,920

Thursday, May 19, 2022

The Indian key benchmark indices were trading with deep cuts today(19 May 2022) in tune with the sharp global selloff. The BSE Sensex sank 1000 points to 53,180, and the NSE Nifty tanked 300 points to 15,920. The broader markets were also weak in line with frontline indices. The BSE MidCap and SmallCap indices slumped up to 2 percent. The market breadth was extremely negative with 1,170 stocks declining as against 423 rising on the BSE. The India VIX surged 9 percent to 24 levels indicating high nervousness among investors. Read more

MARKET UPDATE: Sensex rose 250 points to 54,570, and Nifty slipped 70 points to 16,330

MARKET UPDATE: Sensex rose 250 points to 54,570, and Nifty slipped 70 points to 16,330

Wednesday, May 18, 2022

The Indian key benchmark indices started today's(18 May 2022) session with mild gains amid mixed cues. The BSE Sensex rose 250 points to 54,570, and the NSE Nifty50 slipped 70 points to 16,330. Bharti Airtel, Infosys, Tech M, Wipro, Tech M, Dr. Reddy's, Sun Pharma, and Bajaj Finance were the top winners on the Sensex, rising up to 2 percent. Eicher Motors, Cipla, and SBI Life were the additional Nifty winners. On the downside, PowerGrid, NTPC, Tata Steel, Coal India, ONGC, Hindalco, JSW Steel, and Nestle were the top laggards on the benchmarks. Read more

MARKET UPDATE: Sensex rose 600 points to 53,570, and Nifty climbed above 16,000

MARKET UPDATE: Sensex rose 600 points to 53,570, and Nifty climbed above 16,000

Tuesday, May 17, 2022

In Indian markets, the key benchmark indices extended gains in early deals today(17 May 2022). The BSE Sensex rose 600 points to 53.570, and the NSE Nifty climbed above 16,000. Meanwhile, LIC is listed at Rs 867.20 on the BSE, a discount of 8.6 percent as against the issue price of Rs 949. The stock touched a low of Rs 860.10, and then recovered and rallied to a high of Rs 920. At 10:13 AM, the stock traded at Rs 897.50 with around 1.28 million shares has exchanged hands on the BSE. In the broader markets, the BSE MidCap and SmallCap indices also opened in the positive territory, rising up to 0.7 percent. Read more

MARKET UPDATE: Sensex shed around 1,000 points, while Nifty fell below the 15,900-level

MARKET UPDATE: Sensex shed around 1,000 points, while Nifty fell below the 15,900-level

Thursday, May 12, 2022

The Indian key benchmark indices opened with sharp cuts today(12 May 2022) and extended losses in early deals as global markets fell on high US inflation data for April which has further dented the investors' confidence. The BSE Sensex shed around 1,000 points, while the NSE Nifty fell below the 15,900-level. Read more

MARKET UPDATE: Sensex down 250 points to 54,100, while Nifty climbed 60 points to 16,170

MARKET UPDATE: Sensex down 250 points to 54,100, while Nifty climbed 60 points to 16,170

Wednesday, May 11, 2022

The markets in India turned negative in early deals today(11 May 2022) as selling pressure built up in IT and FMCG counters. In tune with the global markets ahead of key macro-economic data the key indices are choppy in trade. The US is slated to release its April inflation numbers later today, while China's factory and consumer prices for the month have come above estimates. China's consumer price index (CPI) for April grew 0.4 percent month-on-month compared to 0.6 percent in March due to Covid-19 induced supply disruptions. The BSE Sensex was down 250 points to 54,100, while the NSE Nifty climbed 60 points to 16,170. Read more

MARKET UPDATE: Sensex rose 100 points to 54,580, while Nifty gained 30 points to 16,330

MARKET UPDATE: Sensex rose 100 points to 54,580, while Nifty gained 30 points to 16,330

Tuesday, May 10, 2022

The markets in India opened with nominal gains today(10 May 2022) as US futures traded higher this morning. The BSE Sensex rose 100 points to 54,580, while the NSE Nifty gained 30 points to 16,330. Among the Sensex-30 shares, Asian Paints, Maruti, HUL, SBI, Ultratech Cement, Bajaj Finserv, Bharti Airtel, Axis Bank, and IndusInd Bank were the top gainers, up to 3 percent higher. Britannia and Shree Cement were the additional Nifty winners. Infosys, RIL, Tata Steel, ONGC, Hindalco, and JSW Steel, meanwhile, were the top laggards across the two benchmarks. Read more

MARKET UPDATE: Sensex down 600 points to 54,220, while Nifty shed 170 points to 16,237

MARKET UPDATE: Sensex down 600 points to 54,220, while Nifty shed 170 points to 16,237

Monday, May 9, 2022

The Indian key benchmark indices were subdued in early deals on weak cues today(9 May 2022), although they came off lows as IT shares saw some recovery. The BSE Sensex was down 600 points to 54,220, while the NSE Nifty shed 170 points to 16,237. The broader markets underperformed the benchmarks with the BSE MidCap and SmallCap indices down up to 1.6 percent. India VIX rose 4.5 percent to cross 22 levels. Read more

MARKET UPDATE: Sensex fell over 1,000 points to 54,668, while Nifty shed 316 points to 16,366

MARKET UPDATE: Sensex fell over 1,000 points to 54,668, while Nifty shed 316 points to 16,366

Friday, May 6, 2022

The domestic benchmark indices suffered deep losses today(6 May 2022) following the sharp losses in the US markets overnight and Asian stocks this morning. The BSE Sensex fell over 1,000 points to 54,668, while the NSE Nifty shed 316 points to 16,366. All frontline stocks were in the red. Among the Sensex-30 shares, Bajaj Twins, Maruti, Wipro, Ultratech Cement, HCL Tech, Axis Bank, Infosys, HUL, and Tata Steel were the top losers, down up to 3 percent. Read more

MARKET UPDATE: Sensex rose 800 points to 56,540, while Nifty climbed 250 points to reclaim the 16,900-mark

MARKET UPDATE: Sensex rose 800 points to 56,540, while Nifty climbed 250 points to reclaim the 16,900-mark

Thursday, May 5, 2022

In a sharp reversal to yesterday's losses, the key benchmark indices extended opening gains today(5 May 2022) tracing robust global sentiment after the US Fed's in-line rate hikes. The BSE Sensex rose 800 points to 56,540, while the NSE Nifty climbed 250 points to reclaim the 16,900-mark. On the Sensex-30, Infosys, ICICI Bank, RIL, HDFC twins, and SBI led the upward move. Tata Steel, Tech M, Wipro, M&M, Kotak Bank, Axis Bank, and IndusInd Bank were the other notable gainers. The BSE MidCap and SmallCap indices also opened firmly in the positive territory, up to 0.9 percent higher. Read more

Closing Bell:Sensex tumbled to a low of 55,502, and ended 1,307 points lower at 55,669 and Nifty plunged 391 points to 16,678

Closing Bell:Sensex tumbled to a low of 55,502, and ended 1,307 points lower at 55,669 and Nifty plunged 391 points to 16,678

Wednesday, May 4, 2022

The Indian markets tanked heavily trades today(4 May 2022) after RBI announced a surprise repo rate hike in an unscheduled meeting. The markets, were, already on tenterhooks awaiting the US Federal Reserve meeting outcome later tonight, wherein a 50 bps rate hike is anticipated. In an unscheduled address, RBI Governor Shaktikanta Das announced that the monetary policy committee has unanimously voted to increase the repo rate by 40 bps to 4.40 percent, adding that the central bank's stance remains accommodative. RBI also raised the CRR limit by 50 bps to 4.5 percent with effect from May 21, which in turn will lead to a withdrawal of Rs 87,000 crore from the system, the governor added. Read more

MARKET UPDATE: Sensex rose 20 points to 56,997, and Nifty largely unchanged at 17,063

MARKET UPDATE: Sensex rose 20 points to 56,997, and Nifty largely unchanged at 17,063

Wednesday, May 4, 2022

The Indian key benchmark indices started the session on a flat note today(4 May 2022)ahead of the US Fed monetary policy outcome. The BSE Sensex rose 20 points to 56,997, and the NSE Nifty50 was largely unchanged at 17,063. PowerGrid, NTPC, Tata Steel, ITC, Axis Bank, Infosys, Maruti and SBI were the top winners on the Sensex. Britannia, ONGC, BPCL, and Tata Motors were the additional gainers on the Nifty. Bharti Airtel, TCS, Dr. Reddy's, Titan, HDFC Bank, Asian Paints, Bajaj Finance, Hindalco, and Apollo Hospitals were the leading losers, slipping up to 2 percent on the two indices. Read more

MARKET UPDATE: Sensex fell 500 points to 56,528, while Nifty shed 131 points to 16,970

MARKET UPDATE: Sensex fell 500 points to 56,528, while Nifty shed 131 points to 16,970

Monday, May 2, 2022

Influenced by the weak global sentiment, the benchmark indices started the new week today (2 May 2022)with deep cuts. The BSE Sensex fell 500 points to 56,528, while the NSE Nifty shed 131 points to 16,970. Among the Sensex-30 shares, Infosys, Tech M, Bajaj Twins, Maruti, Asian Paints, Sun Pharma, Titan, L&T, and HDFC twins were the top laggards. IndusInd Bank, NTPC, and Axis Bank, meanwhile, were the only stocks in green on Sensex. Tata Motors and Divi's Labs were the additional gainers on the Nifty. In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down up to 0.6 percent. Read more

MARKET UPDATE: Sensex up 200 points to 57,048, while Nifty climbed 75 points to 17,110

MARKET UPDATE: Sensex up 200 points to 57,048, while Nifty climbed 75 points to 17,110

Thursday, April 28, 2022

The Indian markets were trading with modest gains today(28th April 2022) tracking firm global cues. The BSE Sensex was up 200 points to 57,048, while the NSE Nifty climbed 75 points to 17,110. Among the Sensex-30 shares, HUL, Sun Pharma, M&M, IndusInd Bank, Asian Paints, Bajaj finserv, Axis Bank, L&T, and Tata Steel were the top gainers, rising up to 3 percent. On the Nifty, Divis labs, UPL, and Apollo hospitals were the additional top winners. Read more

MARKET UPDATE: Sensex down 400 points to 57,000, while Nifty shed 121 points to 17,070 levels

MARKET UPDATE: Sensex down 400 points to 57,000, while Nifty shed 121 points to 17,070 levels

Wednesday, April 27, 2022

The domestic benchmark indices were trading with cuts today( 27th April 2022) in tune with the global weakness. The BSE Sensex was down 400 points to 57,000, while the NSE Nifty shed 121 points to 17,070 levels. Among the Sensex-30 shares, Bajaj twins, Wipro, HUL, Infosys, Titan, Teh M, SBI, Axis Bank, meanwhile, were the top laggards, slipping up to 4 percent. Whereas, NTPC, Tata Steel, Sun Pharma, HDFC Life, Hindalco, and Adani Ports were the top benchmark gainers. In the broader markets, the BSE MidCap and SmallCap indices also opened in red down up to 0.24 percent. Read more

MARKET UPDATE: Sensex rose 700 points to 57,260, while Nifty climbed 200 points to 17,150

MARKET UPDATE: Sensex rose 700 points to 57,260, while Nifty climbed 200 points to 17,150

Tuesday, April 26, 2022

The Indian benchmark indices extended their opening gains today(26 April 2022) as global markets reversed losses and oil prices continued retreat. The BSE Sensex rose 700 points to 57,260, while the NSE Nifty climbed 200 points to 17,150. All Sensex shares were in green, barring Asian Paints and Tech M. HUL, Maruti, IndusInd Bank, Bajaj Twins, M&M, Sun Pharma, Nestle, ITC and Axis Bank were the top gainers, rising up to 3 per cent. In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, up to 1.4 per cent higher. Read more

MARKET UPDATE: Sensex fell 729 points to 56,467, and Nifty slipped 224 points to 16,950

MARKET UPDATE: Sensex fell 729 points to 56,467, and Nifty slipped 224 points to 16,950

Monday, April 25, 2022

The Indian key benchmark indices started today's(25 April 2022) session with deep cuts tracking downbeat global sentiment. The BSE Sensex fell 729 points to 56,467, and the NSE Nifty50 slipped 224 points to 16,950. Barring ICICI Bank and NTPC, all other Sensex stocks were in red, led by losses in HUL, IndusInd Bank, Bajaj Finance, HDFC twins, Wipro, Tata Steel, and Tech M, down up to 3 percent. Along with the two Sensex gainers, auto stocks were also outperforming the weak market with Bajaj Auto, HeroMoto, Maruti, and M&M being the top Nifty winners. The broader markets also opened in the red. The BSE MidCap and SmallCap indices fell up to 1.2 percent. Read more

MARKET UPDATE: Sensex fell 520 points to 57,390 levels while the Nifty shed 156 points to 17,236

MARKET UPDATE: Sensex fell 520 points to 57,390 levels while the Nifty shed 156 points to 17,236

Friday, April 22, 2022

In tune with the weak global cues, the Indian benchmark indices were trading 1 percent lower today(22 April 2022). The S&P BSE Sensex fell 520 points to 57,390 levels while the Nifty50 shed 156 points to 17,236. In the broader markets, the BSE MidCap index was down 0,18 percent while the BSE SmallCap was up 0,16 percent. Sectorally, all the key indices were in the negative zone. The Nifty Bank, Private Bank, Metal, and Pharma indices were down between 1 percent each. Read more

MARKET UPDATE: Sensex up 401 points at 57,438 levels, while Nifty at 17,242, up 105 points

MARKET UPDATE: Sensex up 401 points at 57,438 levels, while Nifty at 17,242, up 105 points

Thursday, April 21, 2022

The Indian benchmark indices clocked decent gains in early deals today(21 April 2022) as domestic markets looked to stabilise after the recent rout, supported by firm global cues. The benchmark indices on the BSE were up 401 points, or 0.7 percent, at 57,438 levels, while the 50-pack index on the NSE was at 17,242, up 105 points or 0.62 percent. Shares of Reliance Industries hit fresh record high of Rs 2,775, up 2 percent, on the BSE after global brokerage Morgan Stanley said in an April 20 report that heightened awareness of energy security is creating new and bigger markets for solar panels and electrolyzers, which not only inflects RIL's new energy ROCE but will also help fund this growth. The brokerage has set a 1-year target price at Rs 3,253. Read more

MARKET UPDATE:Sensex up 500 points at 57,010, and Nifty past 17,100 level

MARKET UPDATE:Sensex up 500 points at 57,010, and Nifty past 17,100 level

Wednesday, April 20, 2022

Today (20 April 2022) bulls made a comeback after a five-day losing run as heavyweight Reliance and IT stocks drove Sensex higher. In early deals, the Sensex was up 500 points at 57,010, and the NSE Nifty was past the 17,100 level. Reliance, Maruti, TCS, HDFC, Wipro, M&M, NTPC, Titan, Dr. Reddy's, Bharti Airtel, Tech M, Infosys, and Nestle were the top winners on the Sensex, up 1-3 percent. On the downside, Kotak Bank, PowerGrid, L&T, IndusInd Bank, Bajaj Finance, Axis Bank, NTPC, Tata Steel, Apollo Hospitals, HDFC Life, and ONGC were the top losers on the two indices. Read more

MARKET UPDATE:Market volatile;Sensex opened 250 points up at 57,421, while Nifty climbed 100 points to 17,270

MARKET UPDATE:Market volatile;Sensex opened 250 points up at 57,421, while Nifty climbed 100 points to 17,270

Tuesday, April 19, 2022

The Indian benchmark indices started today's(19 April 2022) session with nominal gains after a day of a huge sell-off, as global cues remained mixed. But soon after, the indices fizzled out gains and turned volatile. The BSE Sensex opened 250 points up at 57,421, while the NSE Nifty climbed 100 points to 17,270. Among the Sensex-30 shares, Ultratech Cement, Bajaj Twins, Tata Steel, L&T, HUL, Axis Bank, and Titan were the leading gainers, up 1-1.5 percent. Coal India, Eicher Motors, Grasim, and Tata Consumer were the top gainers on the Nifty. Meanwhile, HDFC twins, Infosys, Dr. Reddy's, HCL Tech, Tech M, Bharti Airtel, and Kotak Bank, meanwhile, were the top losers on the indices. Read more

MARKET UPDATE:Sensex fell 980 points to 57,358, and Nifty slipped 280 points to 17,195

MARKET UPDATE:Sensex fell 980 points to 57,358, and Nifty slipped 280 points to 17,195

Monday, April 18, 2022

The Indian key benchmark indices started today's(18 April 2022) session with deep cuts as large-caps Infosys and HDFC twins opened sharply lower. The BSE Sensex fell 980 points to 57,358, and the NSE Nifty50 slipped 280 points to 17,195 Infosys and HDFC Bank tanked 6 percent and 2.4 percent, respectively, on disappointing Q4 earnings. Tech M, HDFC, Wipro, HCL Tech, TCS, Axis Bank, Bajaj finserv, Kotak Bank and Axis Bank were the other top laggards on the Sensex. On the flip side, Tata Steel, NTPC, ITC, PowerGrid, Nestle, ONGC, Cipla, M&M, and Bajaj Auto were the gainers on the Sensex and Nifty. Read more

MARKET UPDATE:Sensex fell around 100 pts to 58,920 and Nifty largely flat to 17,630 levels

MARKET UPDATE:Sensex fell around 100 pts to 58,920 and Nifty largely flat to 17,630 levels

Friday, April 8, 2022

The Indian key benchmark indices gave up early gains today ( 8 April 2022)as the RBI kept the key repo rate unchanged, maintaining the status quo and its accommodative stance. The central bank, however, raised inflation projections for FY23 to 5.7 percent from 4.5 percent, while downgrading real GDP estimates to 7.2 percent from 7.4 percent. The BSE Sensex fell around 100 pts to 58,920 and the NSE Nifty was largely flat to 17,630 levels.

MARKET UPDATE:Sensex down 350 points to 59,240, and Nifty at 17,700 levels, lower by 100 points

MARKET UPDATE:Sensex down 350 points to 59,240, and Nifty at 17,700 levels, lower by 100 points

Thursday, April 7, 2022

The Indian key benchmark indices were trading with cuts today(7th April 2022) tracking weak global markets due to hawkish FOMC meeting minutes. The BSE Sensex was down 350 points to 59,240, and the NSE Nifty was at 17,700 levels, lower by 100 points. HDFC twins, Maruti, Titan, Wipro, Reliance, TCS, Kotak Bank, and Infosys were the top Sensex losers, down up to 2 percent. ONGC and UPL were the additional top losers on the Nifty.Dr Reddy's, Asian Paints, Sun Pharma, Tata Steel, Cipla and Divis Labs, HUL, NTPC, and Ultratech Cement were the top gainers, on the other hand. The BSE MidCap and SmallCap indices in the broader markets were in the positive territory, up to 0.5 percent higher. Read more

MARKET UPDATE:Sensex down 260 points at 60,348, while Nifty testing 18,000, lower by 58 points

MARKET UPDATE:Sensex down 260 points at 60,348, while Nifty testing 18,000, lower by 58 points

Tuesday, April 5, 2022

The Indian markets opened on a flat note today(5th March 2022), despite upbeat global cues, and slipped into red in early deals. The BSE Sensex was down 260 points at 60,348, while the NSE Nifty was testing 18,000, lower by 58 points. Among the Sensex-30 shares, NTPC, Sun Pharma, M&M, PowerGrid, Maruti, TCS, Tata Steel, Dr. Reddy's, L&T, and Titan were the top gainers. Eicher Motors, Adani Ports, ONGC, and Tata Motors were the additional gainers on the Nifty. On the flip side, Bajaj twins, HDFC twins, IndusInd Bank, Kotak Bank, Ultractech Cement, BPCL, meanwhile were the top losers. The BSE MidCap and SmallCap indices were, however, in the positive territory, up to 0.7 percent higher. Sectorally, Nifty Auto, Pharma, and Consumer Durables were the leading gainers, up to 1 percent higher. Nifty Bank and Financials, meanwhile, were the only weak performers. Read more

MARKET UPDATE:Sensex rose 613 points to 59,890, while Nifty at 17,830, higher by 161 points

MARKET UPDATE:Sensex rose 613 points to 59,890, while Nifty at 17,830, higher by 161 points

Monday, April 4, 2022

The Indian key benchmark indices started today's(4th April 2022) session with a positive note driven by banking majors HDFC and HDFC Bank as the two announced a merger deal. The BSE Sensex rose 613 points to 59,890, while the NSE Nifty was at 17,830, higher by 161 points. Among the Sensex-30 shares, HDFC and HDFC Bank rose 8 percent and 7 percent, respectively, leading to the index's gains. They were followed by Bajaj Finance, Titan, Tech M, Asian Paints, and HCL Tech. On the Nifty, HDFC Life and Divis Labs were the additional top gainers. On the flip side, M&M, Infosys, Maruti, Eicher Motors, Axis Bank, and ONGC were the top losers on the two benchmarks, down up to 1.5 percent. Read more

MARKET UPDATE:Sensex 100 points up at 58,665, while Nifty around 17,500, higher by 36 points

MARKET UPDATE:Sensex 100 points up at 58,665, while Nifty around 17,500, higher by 36 points

Friday, April 1, 2022

The markets in India were holding marginal gains in morning deals today(1 April 2022) after a flat opening on weak global sentiment as US and European indices logged significant losses overnight. The BSE Sensex was 100 points up at 58,665, while the NSE Nifty was around 17,500, higher by 36 points. Among the Sensex-30 shares, NTPC, PowerGrid, Bharti Airtel, Bajaj Finance, Asian Paints, M&M, HDFC Bank, and Reliance were the top gainers, up to 4 percent higher. BPCL, Coal India, UPL, and ONGC, meanwhile, were the additional Nifty gainers. Infosys, HDFC, Titan, Ultratech Cement, Dr Reddy's, Nestle, ICICI Bank, HCL Tech, Tech M, and SBI Life were the top frontline losers, down up to 2.6 percent. Read more

CLOSING BELL:Sensex closed at 58,568, down 115 points and Nifty settled at 17,465, down 33 points

CLOSING BELL:Sensex closed at 58,568, down 115 points and Nifty settled at 17,465, down 33 points

Thursday, March 31, 2022

Benchmark indices swayed in trade today(31 March 2022) as investors adjusted their positions ahead of the monthly F&O expiry. The largely tepid global mood amid geopolitical and economic uncertainty after Russia invaded Ukraine also kept gains in check. The S&P BSE Sensex started gap-up with gains of around 100-odd points, and extedned rally to hit a high of 58,891. However, selling in the second half of the session dragged the index to a low of 58,486. The index, eventually, closed at 58,568, down 115 points or 0.2 percent. On the NSE, the Nifty50 gyrated between 17,560 and 17,435 before settling at 17,465, down 33 points or 0.2 percent. The BSE MidCap and SmallCap indices, meanwhile, outperformed the frontline indices and closed 0.3 percent higher each. Read more

MARKET UPDATE:Sensex rose 100 points at 58,789, while Nifty climbed to 17,532, higher by 34 points

MARKET UPDATE:Sensex rose 100 points at 58,789, while Nifty climbed to 17,532, higher by 34 points

Thursday, March 31, 2022

The Indian benchmark indices started today's(31 March 2022) session with marginal gains, tracking weak global sentiment. The BSE Sensex rose 100 points to 58,789, while the NSE Nifty climbed to 17,532, higher by 34 points. Asian Paints, Axis Bank, M&M, Tata Steel, ITC, HDFC, HUL, ICICI Bank, Kotak Bank, and IndusInd Bank were the top Sensex winners, up between 0.5-2 percent. On the flip side, Infosys, Reliance, Bharti Airtel, L&T, SBI, Wipro, Hindalco, Apollo Hospitals, meanwhile, were the top laggards on the bourses, down up to 3 percent. In the broader markets, the BSE MidCap and SmallCap indices also held mild gains, trading up to 0.6 percent higher. Sectorally, Nifty FMCG, Metals, and Oil & Gas were the top gainers, while PSBs, Realty, and healthcare were subdued. Among stocks, Max Healthcare slipped 3 percent after reports said private equity fund KKR will sell $500 million worth of shares in the company via a block deal today.

MARKET UPDATE:Sensex rose 320 points to 58,265, and Nifty climbed 86 points to 17,410 levels

MARKET UPDATE:Sensex rose 320 points to 58,265, and Nifty climbed 86 points to 17,410 levels

Wednesday, March 30, 2022

The Indian key benchmark indices started today's(30 March 2022) session as Russia said it will pull back troops from Ukraine's Kyiv and other northern areas. The BSE C Bharti Airtel, Bajaj Finance, Nestle, L&T, HDFC, Asian Paints, Maruti, Axis Bank, Ultratech Cement, and IndusInd Bank were the top Sensex winners, up to 1.4 percent higher. While, Tata Consumer, Tata Motors, and HeroMoto were the additional gainers on Nifty. On the downside, Tata Steel, Tech M, Sun Pharma, NTPC, ONGC, Hindalco, and JSW Steel were the top laggards on the bourses. The broader markets also opened firmly in green with the BSE MidCap and SmallCap indices gaining up to 0.9 percent. Read more

MARKET UPDATE:Sensex rose 223 points to 57,817, while Nifty at 17,285, higher by 63 points

MARKET UPDATE:Sensex rose 223 points to 57,817, while Nifty at 17,285, higher by 63 points

Tuesday, March 29, 2022

The Indian key benchmark indices started the session on a positive note today (29 March 2022)aided by a 9 percent fall in Brent Crude prices overnight. The BSE Sensex rose 223 points to 57,817, while the NSE Nifty was at 17,285, higher by 63 points. Among the Sensex-30 shares, HDFC, Ultratech Cement, Asian Paints, Maruti, SBI, Bharti Airtel, and PowerGrid were the top gainers, up to 1.5 percent higher. SBI Life, HDFC Life, UPL, and Tata Motors were the additional Nifty winners. On the other hand, Dr. Reddy's, Tata Steel, ITC, ONGC, Coal India, and Hindalco, meanwhile, were the top losers on the bourses. In the broader markets, the BSE MidCap and SmallCap indices also opened in the positive territory, up to 0.55 percent higher. Read more

MARKET UPDATE:Sensex fell 34 points to 57,328, and NSE Nifty slipped 17 points to 17,135 levels

MARKET UPDATE:Sensex fell 34 points to 57,328, and NSE Nifty slipped 17 points to 17,135 levels

Monday, March 28, 2022

The Indian benchmark indices started the session on a muted note today (28 March 2022) amid feeble global cues. The BSE Sensex fell 34 points to 57,328, and the NSE Nifty50 slipped 17 points to 17,135 levels. The top Sensex performers included Ultratech Cement, Bharti Airtel, Sun Pharma, Titan, Maruti, Wipro, HUL, and PowerGrid, which gained up to 1.1 percent. Cipla, Tata Consumer, Bajaj Auto, Indian Oil, and Grasim were the top Nifty winners. On the other hand, HDFC twins, Kotak Bank, TCS, Dr. Reddy's, UPL, M&M, Nestle, Bajaj Finance, and HCL Tech were the biggest laggards, down between 0.4-1 percent. Read more

MARKET UPDATE:Sensex rose 200 points to 57,801, while NSE Nifty at 17,267, higher by 45 points

MARKET UPDATE:Sensex rose 200 points to 57,801, while NSE Nifty at 17,267, higher by 45 points

Friday, March 25, 2022

The Indian benchmark indices started to trade with nominal gains today (25 March 2022) tracking mixed global cues. The BSE Sensex rose 200 points to 57,801, while the NSE Nifty was at 17,267, higher by 45 points. The indices, however, turned almost flat within minutes after opening, erasing all gains. Among the Sensex-30 shares, Bajaj twins, SBI, HDFC, Bharti Airtel, M&M, and Kotak Bank were the top gainers. Titan, PowerGrid, Nestle, HDFC Bank, and Maruti, meanwhile, were the top losers. Sectorally, Nifty Auto, Metals, PSBs, Realty, and Oil & Gas were the notable gainers. While, Nifty Bank, IT, Pharma, and FMCG were subdued. Read more

CLOSING BELL:Sensex gyrated 690 points intra-day before settling at 57,596, down 89 points and Nifty50 ended at 17,223, down 23 points

CLOSING BELL:Sensex gyrated 690 points intra-day before settling at 57,596, down 89 points and Nifty50 ended at 17,223, down 23 points

Thursday, March 24, 2022

Indian benchmark indices whipsawed in trade today(24 March 2022), the day of weekly F&O expiry, as geopolitical tensions between Ukraine and Russia remained unabated. Brent crude prices above $120 per barrel also added to investor woes. The frontline S&P BSE Sensex gyrated 690 points intra-day before settling at 57,596, down 89 points or 0.15 percent. The Nifty50, on the other hand, ended at 17,223, down 23 points or 0.13 percent. The 50-share index had touched an intra-day high and low of 17,292 and 17,091, respectively. Read more

MARKET UPDATE:Sensex and Nifty earsed losses in early trades, and turned flat

MARKET UPDATE:Sensex and Nifty earsed losses in early trades, and turned flat

Thursday, March 24, 2022

The Indian key benchmark indices opened lower today(24 March 2022) tracking weak global cues as oil prices are sharply higher near $120 a barrel. At open, the BSE Sensex fell 400 points at 57,300, while the NSE Nifty was at 17,130, lower by 115 points. However, the indices erased losses in early trades and turned flat. The broader markets also gained to slip in green. The BSE MidCap and SmallCap indices were up to 0.6 percent higher. sectorial indices like Nifty Banks and Financials were the leading losers. On the other hand, Metal, and Energy packs were the top outperformers. Read more

MARKET UPDATE:Sensex rose 400 points to 58,198 level and Nifty gained 120 points to reach 17,440

MARKET UPDATE:Sensex rose 400 points to 58,198 level and Nifty gained 120 points to reach 17,440

Wednesday, March 23, 2022

The Indian benchmark indices opened with strong gains today(23 March 2022), extending yesterday's rally amid firm global cues. The BSE Sensex rose 400 points to 58,198 level, and the NSE Nifty50 gained 120 points to reach 17,440. On the Sensex, Tata Steel, HDFC Bank, Axis Bank, Ultratech Cement, SBI, M&M, Bajaj twins, IndusInd Bank and ICICI Bank were the frontrunners, with gains of up to 2 percent. Hindalco, Dr. Reddy's, SBI Life were the additional top gainers on the Nifty. Meanwhile, ITC, NTPC, and Bharti Airtel, meanwhile, were the only losers on Sensex, up to 1 percent lower. Coal India, Britannia, and BPCL were the top Nifty losers. Read more

MARKET UPDATE:Sensex fell 150 points to 57,142 while Nifty at 17,087, lower by 30 points

MARKET UPDATE:Sensex fell 150 points to 57,142 while Nifty at 17,087, lower by 30 points

Tuesday, March 22, 2022

The key benchmark indices opened lower today(22 march 2022) as global sentiment remained subdued amid a sharp rally in oil prices again. The BSE Sensex fell 150 points to 57,142 while the NSE Nifty was at 17,087, lower by 30 points. Among the Sensex-30 shares, Tata Steel, Wipro, TCS, Tech M, HCL Tech, Dr. Reddy's were among the handful of top gainers, up to 2 percent higher. ONGC, Indian Oil, Hindalco, BPCL, Coal India, JSW Steel were the additional top gainers on the Nifty. Meanwhile, HUL, Neslte, Ultractech Cement, Asian Paints, Axis Bank, IndusInd Bank, HDFC twins, Britannia, and Grasim were the top laggards on the bourses. In the broader markets, the BSE MidCap and SmallCap indices were mixed with the former down by 0.2 percent, and the latter in green with equal gains. Read more

MARKET UPDATE:Sensex rose 155 points to 58,019 levels, and Nifty gained 12 points to reach the 17,300 mark

MARKET UPDATE:Sensex rose 155 points to 58,019 levels, and Nifty gained 12 points to reach the 17,300 mark

Monday, March 21, 2022

The Indian key benchmark indices started today's(21 March 2022) session with mild gains amid the ensuing uncertainty of the Russia-Ukraine war. The BSE Sensex rose 155 points to 58,019 levels, and the NSE Nifty50 hardly gained 12 points to reach the 17,300 mark. On the Sensex, Maruti, Infosys, Wipro, Tata Steel, Tech M, Titan, TCS, and Sun Pharma were the front winners, with opening gains of up to 1.8 percent. In the broader markets, the BSE MidCap and SmallCap indices were mixed with the former in red, while the latter held gains of 0.26 percent.

MARKET UPDATE:Sensex rose 800 points to 56,575, while Nifty jumped 230 points to 16,893 levels in early deals

MARKET UPDATE:Sensex rose 800 points to 56,575, while Nifty jumped 230 points to 16,893 levels in early deals

Wednesday, March 16, 2022

The Indian benchmark indices opened sharply higher today(16th march 2022), with a strong recovery from the previous session's losses. The BSE Sensex rose 800 points to 56,575, while the Nifty 50 jumped 230 points to 16,893 levels in early deals. The strong start for the indices comes amid upbeat global sentiment as US stocks rose significantly overnight and Asian shares were also seen staging recovery from their two-day losses. On the Sensex, HDFC, IndusInd Bank, Axis Bank, Maruti, ICICI Bank, Bajaj twins, HDFC Bank, M&M, Asian Paints, and Wipro were leading the upmove, trading up to 3.5 percent higher. Grasim and Tata Motors were the additional gainers on the Nifty50. Read more

MARKET UPDATE:Sensex rose around 200 points to 56,660, while NSE Nifty at 16,918, higher by 50 points

MARKET UPDATE:Sensex rose around 200 points to 56,660, while NSE Nifty at 16,918, higher by 50 points

Tuesday, March 15, 2022

The Indian benchmark indices started to trade on a higher note extending their strong rally to a sixth session amid a sharp fall in crude oil prices from their record highs. The BSE Sensex rose around 200 points to 56,660, while the NSE Nifty was at 16,918, higher by 50 points. Among the Sensex-30 shares, Asian Paints, M&M, Maruti, Ultractech Cement, Axis Bank, L&T, ICICI Bank, HDFC Bank, and SBI were the top gainers. On the Nifty, Tata Consumer, Cipla, Eicher Motors, and Tata Motors were the additional gainers, up to 2 percent higher. On the downside, Tata Steel, Reliance, Infosys, Kotak Bank, NTPC, Tech M, ONGC, Hindalco, JSW Steel, Indian Oil, and Coal India were the top losers on the bourses, down up to 4 percent. Read more

MARKET UPDATE:Sensex rose 300 points to 55,850, while NSE Nifty at 16,681, higher by 51 points

MARKET UPDATE:Sensex rose 300 points to 55,850, while NSE Nifty at 16,681, higher by 51 points

Monday, March 14, 2022

The Indian benchmark indices started today's(14th March 2022) session on a positive note. Despite uncertainty on developments around Russia-Ukraine talks, The BSE Sensex rose 300 points to 55,850, while the NSE Nifty was at 16,681, higher by 51 points. On the Sensex, HDFC Bank, Infosys, ICICI Bank, HDFC, SBI, Asian Paints, Tech M, Bajaj Finserv, and Wipro were the leading frontrunners, up between 0.5-2 percent. On the flip side, Hindustan Unilever, HCL Tech, Dr. Reddy's, M&M, Reliance, PowerGrid, IOC, BPCL, Tata Motors, SBI Life were the top losers, down up to 1.6 percent. The broader markets were also firmly up with the BSE MidCap and SmallCap indices up to 0.4 percent higher. Read more

MARKET UPDATE:Sensex rose over 150 points to 55,500 levels, while Nifty above the 16,600 level, up around 60 points

MARKET UPDATE:Sensex rose over 150 points to 55,500 levels, while Nifty above the 16,600 level, up around 60 points

Friday, March 11, 2022

The Indian benchmark indices started lower today(11 March 2022) with the Sensex falling 300 points at open in line with weak global cues due to the US registering a 40-year high CPI level in February. But, the markets soon reversed losses to slip into the green zone. The BSE Sensex smartly rose over 150 points to 55,500 levels, while the NSE Nifty50 index was above the 16,600 level, up around 60 points. Among the Sensex-30 shares, Tata Steel, Axis Bank, Sun Pharma, Bajaj Twins, and HDFC Bank were the top gainers now. Maruti, Nestle, Infosys, Wipro, HCL Tech, meanwhile, were the top losers. Read more

MARKET UPDATE:Sensex rose 1,200 points to 55,815, while Nifty climbed 320 points to 16,668 level

MARKET UPDATE:Sensex rose 1,200 points to 55,815, while Nifty climbed 320 points to 16,668 level

Thursday, March 10, 2022

The Indian key benchmark indices started on an upbeat note with a huge gap-up and extended their two-day gains, riding the rebound across global markets. The BSE Sensex rose 1,200 points to 55,815, while the NSE Nifty50 climbed 320 points to 16,668 levels. The front runners on the Sensex included Asian Paints, Axis Bank, SBI, HUL, Maruti, Ultractech Cement, up to 5 percent higher. Tata Motors was the additional top gainer on Nifty. Asian Paints logged the largest gains on the bourses as crude prices corrected sharply on Wednesday to $110 a barrel from the highs of $130. On the flip side, metals stocks were subdued as commodity prices including those of metals such as aluminum, nickel also have come off from their recent high levels. Tata Steel was the sole Sensex loser, down 0.4 percent, while ONGC, Hindalco, and Coal India were the top Nifty losers, up to 4 percent down. Read more

MARKET UPDATE:Sensex up 400 points to 53,800 levels and Nifty rose 100 points to stay above 16,100-mark

MARKET UPDATE:Sensex up 400 points to 53,800 levels and Nifty rose 100 points to stay above 16,100-mark

Wednesday, March 9, 2022

The Indian benchmark indices extended gains into a second session today(9th March 2022) as investors continued to assess the impact of the Russia-Ukraine crisis. In early morning deals, the BSE Sensex was up 400 points to 53,800 levels and the NSE Nifty rose 100 points to stay above the 16,100-mark. In line with this, the broader markets were also positive with the BSE MidCap and SmallCap indices firmly higher by 0.9 percent and 1 percent, respectively. Sectorally, Nifty Banks and Metals were the sole losers on the bourses with marginal losses. While, Nifty IT, Pharma, Realty, and Oil & Gas indices were the leading gainers.

MARKET UPDATE:Sensex down 100 points at 52,736, while Nifty at 15,830, lower by 32 points

MARKET UPDATE:Sensex down 100 points at 52,736, while Nifty at 15,830, lower by 32 points

Tuesday, March 8, 2022

In the background of recovery in US futures, the Indian benchmark indices started today's (8th March 2022) session with marginal losses. The BSE Sensex was down 100 points at 52,736, while the NSE Nifty was at 15,830, lower by 32 points. Among the Sensex-30 shares, Maruti, HDFC twins, Asian Paints, Tata Steel, Kotak Bank, Axis Bank, IndusInd, and SBI were the top laggards, down up to 2 percent. On the Nifty, Hindalco, Tata Motors, HeroMoto, and Eicher Motors were the additional losers. Powergrid, NTPC, Tech M, ITC, HCL Tech, Bajaj Finance, Sun Pharma, TCS, Adani Ports, BPCL, Divis Labs, meanwhile were the top winners on the bourses, up to 3 percent higher. In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, up to 1 percent higher. Read more

MARKET UPDATE:Sensex down 100 points at 52,736, while Nifty at 15,830, lower by 32 points

MARKET UPDATE:Sensex down 100 points at 52,736, while Nifty at 15,830, lower by 32 points

Tuesday, March 8, 2022

On the background of recovery in US futures the Indian benchmark indices started today's (8th March 2022) session with marginal losses. The BSE Sensex was down 100 points at 52,736, while the NSE Nifty was at 15,830, lower by 32 points. Among the Sensex-30 shares, Maruti, HDFC twins, Asian Paints, Tata Steel, Kotak Bank, Axis Bank, IndusInd and SBI were the top laggards, down up to 2 per cent. On the Nifty, Hindalco, Tata Motors, HeroMoto and Eicher Motors were the additonal losers. Powergrid, NTPC, Tech M, ITC, HCL Tech, Bajaj Finance, Sun Pharma, TCS, Adani Ports, BPCL, Divis Labs, meanwhile were the top winners on the bourses, upto 3 per cent higher. In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, up to 1 per cent higher. Read more

MARKET UPDATE:Sensex down 1,400 points, breaching the 53K-mark to around 52,920, while Nifty cracked 450 points to 15,780

MARKET UPDATE:Sensex down 1,400 points, breaching the 53K-mark to around 52,920, while Nifty cracked 450 points to 15,780

Monday, March 7, 2022

The Indian benchmark indices started to trade with deep cuts today (7th March 2022) as Brent Crude trading at $130 a barrel and global market sell-off.In morning trades, the BSE Sensex was down 1,400 points, breaching the 53K-mark to around 52,920, while the NSE Nifty50 cracked 450 points to 15,780. The losses were spread across the broader markets with the BSE MidCap and SmallCap indices slipping 2.3 percent each. On the Sensex, top laggards were ICIC Bank, Maruti, Bajaj Finance, L&T, and Asian Paints, down up to 5 percent. On the Nifty, Eicher Motors, Britannia, and Tata Motors were the additional losers. Read more

MARKET UPDATE:Sensex fell 763 points to 54,339, while Nifty at 16,289, lower by 208 points

MARKET UPDATE:Sensex fell 763 points to 54,339, while Nifty at 16,289, lower by 208 points

Friday, March 4, 2022

Indian benchmark indices started trade sharply lower today(4 March 2022) in tune with weak global market sentiment. The BSE Sensex fell 763 points to 54,339, while the NSE Nifty was at 16,289, lower by 208 points. Among the Sensex-30 shares, Asian Paints, Maruti, Axis Bank, Titan, Wipro, Bajaj twins, Kotak Bank, HUL, M&M, Tech M, Infosys, HDFC Bank were the top losers, up to 4 percent lower. On the Nifty, auto players-Hero MotoCorp, Eicher Motors, Tata Motors was the additional laggards. Meanwhile, a few shares were trading higher on the bourses, especially from the Metal pack. These included Tata Steel, Hindalco, JSW Steel, along with NTPC, UPL, and BPCL. Read more

MARKET UPDATE:Sensex up 200 points to 55,690 levels, while Nifty index up 60-odd points around 16,650 levels

MARKET UPDATE:Sensex up 200 points to 55,690 levels, while Nifty index up 60-odd points around 16,650 levels

Thursday, March 3, 2022

The Indian benchmark indices started trade fairly higher today(3rd March 2022) tracking firm global market cues after a day of huge sell-off. Though, soon after, the indices pared their opening gains and were modestly higher. The BSE Sensex was up 200 points to 55,690 levels, while the NSE Nifty50 index was now up 60-odd points around 16,650 levels. On the Sensex, IT stocks Tech M, Wipro, HCL Tech, and Infosys were the top gainers, up to 3 percent higher. On the downside, Asian Paints, Ultratech Cement, Kotak Bank, ICICI Bank, and Axis Bank were the top losers. Read more

MARKET UPDATE:Sensex fell 700 points to 55,544, while Nifty at 16,634, lower by 159 points

MARKET UPDATE:Sensex fell 700 points to 55,544, while Nifty at 16,634, lower by 159 points

Wednesday, March 2, 2022

The Indian key benchmark indices opened gap-down today(2nd March 2022) snapping their two-day previous gains as global market sentiment soured amid soaring oil and commodity prices. The BSE Sensex fell 700 points to 55,544, while the NSE Nifty was at 16,634, lower by 159 points. Among the Sensex-30 constituents, Tata Steel, PowerGrid, NTPC, Tech M, M&M, Reliance were the top gainers, up 0.3-3 percent. ICICI Bank, Maruti, Asian Paints, HDFC twins, Kotak Bank, Ultractech Cement, IndusInd Bank, and Axis Bank, meanwhile, were the top drags, trading 1.4-3 percent lower. On the Nifty, Coal India, ONGC, Hindalco, Tata Steel were the top performers, trading 3-4 percent higher, while Bajaj Auto was the additional top laggard on the index, down 4 percent. Read more

MARKET UPDATE:Sensex fell 688 points to 55,170, while Nifty at 16,481, lower by 177 points

MARKET UPDATE:Sensex fell 688 points to 55,170, while Nifty at 16,481, lower by 177 points

Monday, February 28, 2022

In tune with weakness in Asian and global markets, the Indian benchmark indices started trade lower today(28th Feb.2022) amid the Russia-Ukraine conflict uncertainty. The BSE Sensex fell 688 points to 55,170, while the NSE Nifty was at 16,481, lower by 177 points. Among the Sensex-30 shares, Tata Steel and PowerGrid were the only gainers, up to 1 percent higher. Bharti Airtel, HDFC Bank, Dr. Reddy's, Asian Paints, Maruti, M&M, Bajaj Finserv, Kotak Bank, and Axis Bank, meanwhile, were the top losers, down up to 3 percent. In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down 1 percent each. Read more

MARKET UPDATE:Sensex rose 933 points to 55,463 while Nifty climbed 267 points to 16,514

MARKET UPDATE:Sensex rose 933 points to 55,463 while Nifty climbed 267 points to 16,514

Friday, February 25, 2022

The Indian benchmark indices started trade sharply higher today(25th Feb.2022) following the overnight recovery in the global markets and snapped their 7-day losing streak. The BSE Sensex rose 933 points to 55,463 while the NSE Nifty climbed 267 points to 16,514 Among the Sensex-30 shares, IndusInd Bank, Tata Steel, M&M, Bajaj Finserv, ICICI Bank, Axis Bank, Ultratech Cement, Wipro, Bajaj Finance, and SBI were the top gainers, up to 4 percent higher. All Sensex shares were in the green. On the Nifty, Tata Motors, UPL, and Adani Ports were the top additional gainers, trading 3-6 percent up. The broader markets were seen putting up an impressive show outperforming the benchmarks. The BSE MidCap and SmallCap indices were up to 3 percent higher. In comparison, the Sensex and Nifty were up 2 percent each. Read more

MARKET UPDATE:Sensex 2000 points lower around 55,300 levels, while Nifty slipped below the 16,500 mark down nearly 600 points

MARKET UPDATE:Sensex 2000 points lower around 55,300 levels, while Nifty slipped below the 16,500 mark down nearly 600 points

Thursday, February 24, 2022

The Indian benchmark indices extended their opening losses and slipped around 3 percent each in early morning trades today (24th Feb.2022) after Russia ordered military operations in Ukraine and reports emerged of blasts in some major Ukrainian cities. The BSE Sensex was 2000 points lower around 55,300 levels, while the NSE Nifty50 slipped below the 16,500 mark with a fall of nearly 600 points. Consequently, oil prices also soared and topped the $100 a barrel mark for the first time since 2014. Reports quoted Ukrainian officials as saying that both ballistic and cruise missiles strikes have targeted sites in Ukraine's capital city Kyiv. The city's airport is reportedly being evacuated with blasts being reported in three other major cities of Ukraine. Read more

Sensex settled 69 points lower at 57,232 levels while Nifty shut shop at 17,063, down 29 points

Sensex settled 69 points lower at 57,232 levels while Nifty shut shop at 17,063, down 29 points

Wednesday, February 23, 2022

A sharp slide in the fag end of the session dragged equities lower for the sixth straight day. Despite starting higher amid cautious global cues, benchmark indices failed to hold on to their gains as investors sold IT, financial, and auto stocks in the latter half of the session. Besides, a volatile situation between Russia and Ukraine also kept investors on their toes as they monitored the implications of the first batch of sanctions on Vladimir Putin's country. The frontline S&P BSE Sensex fell 501 points from the day's high and settled 69 points lower at 57,232 levels. The Nifty50, meanwhile, shut shop at 17,063, down 29 points. Kotak Bank (up 2.5 percent) was the top Sensex gainer today, followed by Titan Company, IndusInd Bank, Maruti Suzuki, Wipro, and Infosys. Read more

MARKET UPDATE: Sensex rose 325 points at 57,626 while Nifty gained 86 points at 17,178 levels

MARKET UPDATE: Sensex rose 325 points at 57,626 while Nifty gained 86 points at 17,178 levels

Wednesday, February 23, 2022

The Indian benchmark indices started to trade on a fairly positive note today (23 Feb.2022)ending the losing streak of the previous five sessions amid the rising geopolitical tensions and oil prices. The BSE Sensex rose 325 points at 57,626 while the NSE Nifty50 gained 86 points at 17,178 levels. Among the Sensex-30 shares, Kotak Bank, Maruti, M&M, Titan, SBI, Bajaj Finance, IndusInd Bank, Asian Paints, and Tata Steel were the top gainers, up to 2 percent higher. Tata Motors, Tata Consumer, Coal India, and Adani Ports were the additional gainers on the Nifty. On the downside, ONGC, Divis Labs, Eicher Motors, and L&T, meanwhile were the only losers on the bourses, down up to 0.4 percent. Read more

MARKET UPDATE: Sensex fell 951 points to 56,732, while Nifty tanked 271 points to 16,935

MARKET UPDATE: Sensex fell 951 points to 56,732, while Nifty tanked 271 points to 16,935

Tuesday, February 22, 2022

The Indian key benchmark indices started sharply lower with a massive gap today (22 Feb.2022) amid downbeat global sentiment due to tensions around the Russia-Ukraine conflict. The BSE Sensex fell 951 points to 56,732, while the NSE Nifty tanked 271 points to 16,935. The two indices were nearly 2 percent lower. All the Sensex-30 constituents were in the negative territory, led by losses in Dr. Reddy's, Asian Paints, TCS, L&T, IndusInd Bank, HDFC twins, Bajaj Finserv, down 2-3 percent. On the Nifty, ONGC was the sole gainer, up 1.3 percent, while UPL was the additional loser. ONGC was firmly higher as crude oil prices have again jumped higher on the worsening Russia-Ukraine conflict. Read more

MARKET UPDATE: Sensex down 628 points at 57,204, while Nifty sliding 180 points to 17,096

MARKET UPDATE: Sensex down 628 points at 57,204, while Nifty sliding 180 points to 17,096

Monday, February 21, 2022

In line with other global market indices, the Indian benchmark indices started trade lower today(21st Feb.2022) extending losses for the fourth day. At open, the BSE Sensex fell 260 points at 57,572, while the NSE Nifty was at 17,207 lower by 69 points. The indices continued to extend losses for the day and inched lower around 9:45 am, with the Sensex benchmark falling 628 points at 57,204, while the Nifty50 index sliding 180 points to 17,096. Among the Sensex-30 shares, Bajaj Finserv, Nestle, HDFC, L&T, Ultratech Cement, Titan, and Asian Paints were the top losers. On the Nifty, HDFC Life, Tata Consumer, UPL, Britannia, SBI, Bajaj Finserv, and Shree Cement were the top laggards, down up to 1.9 percent. On the flip side, Dr. Reddy's, NTPC, PowerGrid, IndusInd Bank, and TCS were the only gainer on the bourses, up to 0.8 percent higher. Read more

Closing Bell:Sensex ended the day 54 points lower at 57,833 levels, while Nifty closed at 17,276, down 28 points

Closing Bell:Sensex ended the day 54 points lower at 57,833 levels, while Nifty closed at 17,276, down 28 points

Friday, February 18, 2022

The volatile streak in the markets extended into a third straight day today(18th Feb.2022) mainly due to the investor's fear about the ongoing tensions between Russia and Ukraine. The S&P BSE Sensex ended an extremely choppy day 54 points, or 0.1 percent, lower at 57,833 levels, while the Nifty50 shut shop at 17,276, down 28 points or 0.16 percent. Reliance Industries, Infosys, Ultratech Cement, Bajaj Finance, ICICI Bank, Bharti Airtel, and M&M were the major drag on the Sensex today(18th Feb.2022), accounting for most of the losses. This downside was capped by gains in HDFC twins, L&T, TCS, and Axis Bank. In the broader markets, the BSE MidCap and SmallCap indices shed 0.8 percent each with individual stocks, including Gland Pharma, Honeywell Automation, Astral Ltd, Hindustan Media Ventures, Asian Energy Services, and Unichem Labs cracking between 4 percent and 8 percent. Read more

MARKET UPDATE: Sensex down 133 points at 57,759 and Nifty at 17,246, lower by 58 points

MARKET UPDATE: Sensex down 133 points at 57,759 and Nifty at 17,246, lower by 58 points

Friday, February 18, 2022

The Indian benchmark indices started to trade lower for the third session in tandem with the bearish global cues on the rising Russian-Ukraine conflict. The BSE Sensex was down 133 points at 57,759 and the NSE Nifty was at 17,246, lower by 58 points. Among the Sensex-30 constituents, NTPC, Maruti, M&M, Tata Steel, L&T, PowerGrid, IndusInd Bank, and SBI were the top gainers, trading up between 0.4-1 percent. On the Nifty, Coal India, UPL were the additional gainers, up 2 percent and 1 percent, respectively. On the downside, Cipla, Wipro, Tech M, Nestle, Infosys, HCL Tech, Ultratech Cement, HDFC Bank, TCS, Asian Paints, meanwhile, were the top losers, down up to 1 percent. In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down 0.4 percent each. The volatility index climbed 5 percent as investors grew jittery. Read more

MARKET UPDATE: Sensex down 43 points at 57,953, while Nifty flat at 17,326 level

MARKET UPDATE: Sensex down 43 points at 57,953, while Nifty flat at 17,326 level

Thursday, February 17, 2022

The Indian benchmark indices turned volatile soon after they opened with modest gains today(17th February 2022). The market sentiment is being weighed on account of the weekly F&O expiry. The BSE Sensex was down 43 points at 57,953, while the NSE Nifty was flat at 17,326 level. Banking stocks came under selling pressure amid losses led by IndusInd Bank, Axis Bank, ICICI Bank, and HDFC Bank, down 0.5-1 percent. Other top losers were Shree Cement, Ultratech Cement, Dr. Reddy's, SBI, and Bajaj twins. On the upside, PowerGrid, Reliance, M&M, HDFC, and Titan were the top Sensex gainers, up to 1 percent higher. Cipla, Tata Motors, HeroMoto Corp, ONGC, Tata Consumer, and Bajaj Auto were the top Nifty gainers, up 1-2 percent.

MARKET UPDATE: Sensex opened 299 points up at 58,442, while the NSE Nifty climbed 81 points to 17,433

MARKET UPDATE: Sensex opened 299 points up at 58,442, while the NSE Nifty climbed 81 points to 17,433

Wednesday, February 16, 2022

The Indian benchmark indices started today's(16th February 2022) session higher extending the previous day's strong rally as concerns around the Russia-Ukraine conflict eased. The BSE Sensex opened 299 points up at 58,442, while the NSE Nifty climbed 81 points to 17,433. The indices soon after the opening were seen turning volatile as they slipped into the red zone. From the Sensex-30 shares, M&M, Bajaj Finance, HDFC, PowerGrid, NTPC, Bajaj Finserv, HCL Tech, Kotak Bank, HDFC Bank, Nestle, ITC, and Bharti Airtel were the top gainers, up 0.3-2 percent. On the Nifty, BPCL, IOC, HDFC Life, Coal India, and Grasim were the additional gainers. On the downside, Titan, Tata Steel, L&T, Shree Cement, Ultratech Cement, Wipro, and ICICI Bank, meanwhile, were the top losers. Read more

MARKET UPDATE: Sensex up 104 points at 56,510 and Nifty 25 points higher at 16,868 points

MARKET UPDATE: Sensex up 104 points at 56,510 and Nifty 25 points higher at 16,868 points

Tuesday, February 15, 2022

The Indian benchmark indices pared some of their opening gains in early morning deals today (15th February 2022). The BSE Sensex was now up 104 points at 56,510 and the NSE Nifty50 was 25 points higher at 16,868 points. HUL, Titan, Wipro, Nestle India, Tech M, Infosys, Kotak Bank, L&T, TCS, and HCL Tech were leading gains on the Sensex, up between 0.7-1.7 percent. Tata Steel, NTPC, IndusInd Bank, ICICI Bank, Axis Bank, and Cipla were the top losers on the Sensex and Nifty. Shares of Cipla slipped 5 percent to Rs 910 on the BSE after more than 2 percent of the total equity of pharmaceutical companies changed hands via a block deal. In the broader markets, the BSE MidCap and SmallCap indices had slipped into red now, trading 0.5 percent and 1 percent lower, respectively. Read more

MARKET UPDATE:Sensex was now 1,100 points at 57,041, and the NSE Nifty was at 17,032, lower by 348 points

MARKET UPDATE:Sensex was now 1,100 points at 57,041, and the NSE Nifty was at 17,032, lower by 348 points

Monday, February 14, 2022

The Indian key benchmark indices held on to sharp losses in early morning trade today (14th February 20222) but were slightly off lows. The indices had slumped at open amid high global volatility on a possible Russian invasion of Ukraine. The BSE Sensex was now 1,100 points at 57,041, and the NSE Nifty was at 17,032, lower by 348 points. HDFC, IndusInd Bank, Tata Steel, SBI, ICICI Bank, M&M, and Bharti Airtel were the top Sensex laggards, down 3-3.5 percent. JSW Steel led losses on the Nifty, trading 5 percent lower, followed by additional losers-HDFC Life and Tata Motors. The overall market breadth was also highly negative with 2,630 stocks declining on the BSE, while only 517 were trading higher. Read more

MARKET UPDATE:Sensex down 657 points at 58,268, while Nifty at 17,410, lower by 195 points

MARKET UPDATE:Sensex down 657 points at 58,268, while Nifty at 17,410, lower by 195 points

Friday, February 11, 2022

Indian benchmark indices started to trade on a highly negative note today (11th February 2022) a day after RBI's dovish policy had calmed the markets in line with the soured global sentiment on high US inflation data and rate hike fears. The BSE Sensex was down 657 points at 58,268, while the NSE Nifty was at 17,410, lower by 195 points. Among the Sensex-30 shares, only NTPC was in the green, while IT majors Infosys, Wipro, HCL Tech and Tech M were the top losers, lower by over 2 percent each. Other losers included Bajaj Twins, HDFC, Dr. Reddy's, Kotak Bank, Titan, TCS, and ICICI Bank. On the Nifty, HeroMoto Corp, Cipla, and Eicher Motors were the additional top losers, down up to 1.6 percent. In the broader markets, the BSE MidCap and SmallCap indices were also in the red territory, down 0.77 and 0.9 percent, respectively. Read more

MARKET UPDATE:Sensex 201 points higher at 57,822, while Nifty at 17,288, up by 74 points

MARKET UPDATE:Sensex 201 points higher at 57,822, while Nifty at 17,288, up by 74 points

Tuesday, February 8, 2022

The Indian benchmark indices opened on a fairly positive note today(8th February 2022) after a day of huge sell-off. The BSE Sensex was 201 points higher at 57,822, while the NSE Nifty was at 17,288, up by 74 points. In the broader market, the BSE MidCap and SmallCap indices were also in green and were up to 0.49 percent higher. The top Sensex gainers were Maruti, Titan, Tata Steel, Dr. Reddy's, Bajaj Finserv, Reliance, Wipro, Sun Pharma, and Bharti Airtel, trading up to 2 percent higher. Hindalco, Eicher Motors, JSW Steel, and Cipla were the additional gainers on the Nifty. On the flip side, PowerGrid, SBI, NTPC, HDFC, L&T, IndusInd Bank, TCS, Nestle, Infosys, Tata Consumer, and Britannia were the top losers. Read more

MARKET UPDATE:Sensex at 58,343, down 300 points, while Nifty lower by 90 points at 17,426

MARKET UPDATE:Sensex at 58,343, down 300 points, while Nifty lower by 90 points at 17,426

Monday, February 7, 2022

The Indian benchmark indices were extending losses amid high volatility and were down 0.5 percent each today(7th February 2022). The BSE Sensex was at 58,343, down 300 points, while the NSE Nifty was lower by 90 points at 17,426. Among top gainers on the Sensex, SBI, PowerGrid, Tata Steel, NTPC, Reliance, Tech M and Bajaj Finserv were the only stocks in the green zone, up between 0.8-2 percent. Bajaj Finance, M&M, Dr. Reddy's, L&T, Bharti Airtel, Infosys, Asian Paints, HDFC twins, Wipro, and ITC were the top laggrads, down 1-2 percent. On the Nifty, Hero MotoCorp, Bajaj Auto, Divis Labs, Cipla, and Eicher Motors were the additional losers. This apart, the BSE Auto index was down over 1 percent and was a prominent loser sectorally. Read more

MARKET UPDATE:Benchmark indices volatile; Sensex up 50 points at 58,837, while Nifty just 6 points higher at 17,567

MARKET UPDATE:Benchmark indices volatile; Sensex up 50 points at 58,837, while Nifty just 6 points higher at 17,567

Friday, February 4, 2022

The Indian benchmark indices were volatile in early morning trade today (4th February 2022) after starting on a lower note as IT stocks traded weak in line with the US tech stock rout overnight. The BSE Sensex was up 50 points at 58,837, while the NSE Nifty was just 6 points higher at 17,567. Tata Steel was the top Sensex gainer, up 2 percent ahead of its Q3 earnings. Ultratech Cement, IndusInd Bank, HDFC Bank, power grid, Sun Pharma, Dr. Reddy's, L&T, SBI, and NTPC were the other gainers, up between 0.5-1.8 percent. On the flip side, Wipro, Titan, RIL, ITC, HCL Tech, TCS, Infosys, HUL, Maruti, Hero MotoCorp, and Tata Consumer were the top losers on the bourses. In the broader markets, the BSE MidCap index was marginally up by 0.05 percent, while the SmallCap index was trading 0.34 percent higher. Read more

MARKET UPDATE:Sensex up 546 points at 59,409, while Nifty at 17,744, higher by 168 points

MARKET UPDATE:Sensex up 546 points at 59,409, while Nifty at 17,744, higher by 168 points

Wednesday, February 2, 2022

The Indian benchmark indices steadily held their opening gains with broad-based buying today (2nd February 2022). The BSE Sensex was up 546 points at 59,409, while the NSE Nifty was at 17,744, higher by 168 points. The two indices were up 0.9 percent each. Banking counters were leading gains on the bourses. Bajaj twins, IndusInd Bank, Kotak Bank, Axis Bank were the top gainers on the Sensex, followed by HCL Tech, Wipro, Titan, HDFC, and ITC. In the broader markets, the BSE MidCap and SmallCap indices had also extended gains and were now up 1.1 and 1.4 percent, respectively. On the NSE, Nifty SmallCap 50 and SmallCap 100 indices were the top gainers, up 1.87 and 1.7 percent, respectively. Read more

MARKET UPDATE:Sensex up 589 points at 58,603, while Nifty at 17,486, higher by 146 points

MARKET UPDATE:Sensex up 589 points at 58,603, while Nifty at 17,486, higher by 146 points

Tuesday, February 1, 2022

The Indian benchmark indices jumped higher at open today (1st February 2022) and were up 0.9 percent ahead of the Budget. The BSE Sensex was up 589 points at 58,603, while the NSE Nifty was at 17,486, higher by 146 points. Among the Sensex-30 shares, IndusInd Bank, ICICI Bank, HDFC twins, Infosys, Sun Pharma, Kotak Bank, Axis Bank, Bajaj Finserv, Ultratech Cement, L&T were the top gainers, up between 1-2 percent. On the Nifty, Britannia was the additional gainer, up 2 percent. On the flip side, Dr. Reddy's was the sole loser on the Sensex, while BPCL, IOC, ONGC, and Tata Motors were the Nifty losers, down between 1-3 percent. Read more

MARKET UPDATE:Sensex up 696 points at 57,876 and Nifty at 17,316, higher by 214 points

MARKET UPDATE:Sensex up 696 points at 57,876 and Nifty at 17,316, higher by 214 points

Monday, January 31, 2022

The Indian 8benchmark indices started higher today(31st February 2022) with support from positive global markets and on the back of broad-based buying. The BSE Sensex was up 696 points at 57,876 and the NSE Nifty was at 17,316, higher by 214 points. Among Sensex shares, Asian Paints, Infosys, Wipro, IndusInd Bank, Tata Steel, Bajaj twins, Infosys, Tech M, HCL Tech, Ultratech Cement, Dr. Reddy's, Titan, and SBI were the top gainers, up between 1.5-3 percent. On the Nifty, ONGC, Divis Labs, Britannia, BPCL, and UPL were the additional gainers. On the flip side, IndusInd Bank, L&T, Coal India, and NTPC were the sole losers on the bourses. In the broader markets, the BSE Midcap and SmallCap indices were in the green, up 1.3 and 1.4 percent, respectively. Read more

MARKET UPDATE:Sensex up 500 points at 57,774, while Nifty at 17,258 higher by 148 points

MARKET UPDATE:Sensex up 500 points at 57,774, while Nifty at 17,258 higher by 148 points

Friday, January 28, 2022

The Indian benchmark indices opened fairly positive today(28th January 2022) after being volatile throughout the week amid a global sell-off. The BSE Sensex was up 500 points at 57,774, while the NSE Nifty was at 17,258 higher by 148 points. Among the Sensex-30 shares, NTPC, Tata Steel, Sun Pharma, Bharti Airtel, Titan, Wipro, Bajaj Finance, IndusInd Bank, M&M, and Asian Paints were the top gainers, up between 1-3 percent. ONGC, Tata Consumer, and IOC were the additional gainers on the Nifty. On the flip side, HDFC twins and Maruti were the only losers on the bourses. In the broader markets, the BSE MidCap and SmallCap indices were also in the green zone, up over 1 percent each, respectively. Read more

MARKET UPDATE:BSE Sensex 926 points down at 56,931, while the NSE Nifty at 17,013, down by 264 points

MARKET UPDATE:BSE Sensex 926 points down at 56,931, while the NSE Nifty at 17,013, down by 264 points

Thursday, January 27, 2022

The Indian benchmark indices opened on a sharply lower note and were down up to 1 percent today(27th January 2022) amid weak global cues and a possibility of rate hikes by the Federal Reserve from March. The BSE Sensex was 926 points lower at 56,931, while the NSE Nifty was at 17,013, down by 264 points. In the broader market, the BSE MidCap and SmallCap indices were also in red and were down up to 1.6 percent. All Sensex-30 shares were trading in the negative territory barring Axis Bank, Maruti, and IndusInd Bank. Titan, Wipro, Tech M, HDFC twins, Infosys, Nestle, Dr. Reddy's, HCL Tech, Tata Steel, Bajaj twins, TCS, and Ultratech Cement were the top losers, down 2-3 percent. On the Nifty, ONGC was the sole gainer, up 2 percent. Meanwhile, Grasim, Eicher Motors, and Divis Labs were the additional losers. The fear gauge that is the volatility index was also up 7.6 percent around 23 levels, reflecting nervousness among investors. Read more

MARKET UPDATE:Sensex 856 points down at 56,635, while the Nifty at 16,898, lower by 250

MARKET UPDATE:Sensex 856 points down at 56,635, while the Nifty at 16,898, lower by 250

Tuesday, January 25, 2022

The Indian benchmark indices started lower today(25th January 2022) carrying their sharp losses into a sixth straight session. The BSE Sensex was 856 points down at 56,635, while the NSE Nifty was at 16,898, lower by 250. In the broader market, the BSE MidCap and SmallCap indices were also in red and were down up to 2.8 percent. Among the Sensex-30 constituents, Axis Bank, PowerGrid, Bharti Airtel Tata Steel, and NTPC were the only gainers.

MARKET UPDATE:Sensex 856 points down at 56,635, while the Nifty at 16,898, lower by 250

MARKET UPDATE:Sensex 856 points down at 56,635, while the Nifty at 16,898, lower by 250

Tuesday, January 25, 2022

MARKET UPDATE:BSE Sensex up 54 points at 61,277 and NSE Nifty50 36 points up 18,292

MARKET UPDATE:BSE Sensex up 54 points at 61,277 and NSE Nifty50 36 points up 18,292

Monday, January 17, 2022

The Indian benchmark indices started on a slightly positive note today(117th January 2022) amid mixed global cues. The BSE Sensex was up 54 points at 61,277 and the NSE Nifty50 was 36 points up 18,292. In the broader market, the BSE MidCap and SmallCap indices were also in green and were up 0.4 and 0.6 percent, respectively. Among the Sensex-30 constituents, Maruti, SBI, Infosys, Bajaj Finserv, ICICI Bank, PowerGrid, HDFC Bank, and RIL were the top gainers. On the Nifty, Hero MotoCorp, Tata Motors, ONGC, and BPCL were the additional gainers. On the downside, HCL Tech was the biggest loser, down over 6 percent on the NSE. The IT major had reported its Q3 results over the weekend. While it met street expectations on quarterly revenue and profit. On a yearly basis, the company's PAT fell 13 percent. Read more

MARKET UPDATE:Sensex slipped 71 points at 57,625 levels while the Nifty50 was at 17,169, up 28 points

MARKET UPDATE:Sensex slipped 71 points at 57,625 levels while the Nifty50 was at 17,169, up 28 points

Monday, December 6, 2021

Indian equities started in the red today(6th December 2021), down 0.12 percent, on the bourses. The BSE Sensex slipped 71 points at 57,625 levels while the Nifty50 was at 17,169, up 28 points. In the broader markets, the BSE MidCap index was up 0.15 percent and the BSE SmallCap index added 0.14 percent. Sectorally, realty and media stocks were the only gainers. On the flip side, auto, financials, and IT stock were in the red. The overall market breadth was in the favour of buyers with over 1,500 stocks advancing on the BSE. Meanwhile, around 990 stocks were in the red.

Action now shifted to the mid-and small-cap segments after the stupendous rally

Action now shifted to the mid-and small-cap segments after the stupendous rally

Tuesday, October 5, 2021

Now the action seems to have shifted to the mid-and small-cap segments after the stupendous rally that saw the S&P BSE Sensex cross the 60,000 mark on September 24. At a time when the markets navigated through an uncertain phase of rising oil prices, plans of liquidity taper by the US Federal Reserve (US Fed), and developments in China, S&P BSE Sensex slipped over 1 percent. The mid-and small-cap indices on the BSE, on the other hand, moved up over 2 percent and 1 percent, respectively during this period. Gains in some of the individual stocks in the mid-and small-cap space have been noticeable. India Glycols, Patel Engineering, Brightcom, Godfrey Phillips India, Tejas Networks, and IDBI Bank have surged 24 percent to 47 percent during this period, ACE Equity data show. Read more

MARKET UPDATE:Sensex surged past the 60,000 mark for the first time while Nifty 105 points higher at 17,927

MARKET UPDATE:Sensex surged past the 60,000 mark for the first time while Nifty 105 points higher at 17,927

Friday, September 24, 2021

The Indian markets made history as Sensex surged past the 60,000 marks for the first time, achieving another feat since the bull run started last year. Led by strong gains in IT and banking counters, the BSE Sensex was trading 400 points up at 60,286 and the Nifty was 105 points higher at 17,927. The top gainers in the 50-pack index included Infosys, Wipro, and HCL Tech, while the top losers were Hindalco, JSW Steel, and Tata Consumer Products. The broader indices, too, opened firm, with the Nifty Midcap 100 up 0.5 percent and the Smallcap 100 higher by 0.74 percent. The volatility indicator--India VIX--rose by 1.14 percent at 16.79 level. Further, sectorally, the top gainer remained to be the Nifty IT pack, which rose over 2 percent. The only sectoral laggards in opening trade were Nifty Media (down 0.93 percent), Nifty Metal (0.84 percent), Nifty FMCG (down 0.14 percent), and Nifty PSU Bank (down 0.02 percent).

MARKET UPDATE:BSE Sensex rose 117 points at 58,360-level while NSE Nifty nearing the 17,450 mark,up 45 points

MARKET UPDATE:BSE Sensex rose 117 points at 58,360-level while NSE Nifty nearing the 17,450 mark,up 45 points

Wednesday, September 15, 2021

The Indian benchmark indices extended gains (today) after a beginning on a cautious note with the 50-pack Nifty nearing the 17,450 marks as it traded 45 points higher. Meanwhile, BSE Sensex rose 117 points at 58,360-level. Titan, NTPC, Airtel, and M&M were the top-performing stocks in the Sensex kitty of stocks, up between 1-3 percent. Axis Bank, TechM, HDFC Bank, and HCL Tech, on the other hand, were the worst laggards. The broader market outperformance showed no signs of abating. The BSE Midcap and Smallcap indices were up nearly 0.4 percent each. Sectorally, Nifty Private Bank, Nifty Bank, and Nifty Financial Services were the only losers. Media pack once again was the best performer, up 2 percent. Other top gainers included realty, FMCG, and auto. Read more

Sensex snaps 3-day winning run, lost only 17 points to end at 58,280 and Nifty closed at 17,356, down 21 points

Sensex snaps 3-day winning run, lost only 17 points to end at 58,280 and Nifty closed at 17,356, down 21 points

Tuesday, September 7, 2021

A volatile trade was witnessed on Dalal street (today(7th September 2021) as bulls and bears were caught in a fierce battle. Investors looked to lock in gains after a recent rally and a subdued global market mood but most dips were bought into, which left indices unchanged at close. The BSE Sensex lost only 17 points to end at 58,280. Meanwhile, NSE Nifty closed at 17,356, down 21 points. Both indices snapped their three-day winning streaks but did manage to hit new highs in intra-day deals (Sensex at 58,553 and Nifty at 17,437). In the 30-pack Sensex, 12 stocks ended in the green and 18 in the red. Bharti Airtel, HDFC, IndusInd Bank, and ITC, up between 1-3 percent, were the top gainers. Tech Mahindra, Sun Pharma, Axis Bank, and HCL Tech on the other hand were the worst losers. Read more

MARKET UPDATE:Sensex gained 320 points at 52,170 levels, and Nifty topped the 15,650-mark

MARKET UPDATE:Sensex gained 320 points at 52,170 levels, and Nifty topped the 15,650-mark

Thursday, June 3, 2021

The markets in India edged higher in early deals today(3rd June 2021), up half a percent, tracking similar cues from other Asian markets. The S&P BSE Sensex gained 320 points at 52,170 levels, and the Nifty50 index topped the 15,650-mark. Titan rose 4 percent and was the top Sensex gainer, followed by Reliance Industries (up 2%). The Nifty sectoral indices were painted green, led by the Nifty Metal index, up 1 percent. In the broader markets, the S&P BSE MidCap and SmallCap indexes ruled 0.7 percent and 0.9 percent higher, respectively. Twenty-nine companies, including GSPL, Arvind Fashions, and APL Apollo Tubes, are slated to announce their quarterly results today.

Sensex gained 6.5 per cent or 3,154 points;sharpest May-month rally in seven years

Sensex gained 6.5 per cent or 3,154 points;sharpest May-month rally in seven years

Monday, May 31, 2021

The S&P BSE Sensex posted its biggest May month rally in the past seven years. If analysts are to be believed, there is still more room for an upside, albeit amid minor corrections on the way. The optimism is despite the second wave of the Covid pandemic that brought the Indian economy to a near standstill yet again in 2021. This time, however, analysts believe the impact to be less severe as compared to 2020. “The risk-reward is still favorable for equities given the US Fed intervention to control yields. Any sell-off could offer a good buying opportunity as the medium-term outlook is solid. Our cyclical bias continues with a preference for mid-caps over large-caps,” say experts. Read more

Rally in domestic stocks despite contraction in FY21 GDP poses the risk of a bubble:RBI

Rally in domestic stocks despite contraction in FY21 GDP poses the risk of a bubble:RBI

Thursday, May 27, 2021

The rally in domestic stocks despite an estimated 8 percent contraction in FY21 GDP poses the risk of a bubble, according to a RBI study. RBI in a study “Is the Bubble in Stock Markets Rational?”, said the widening gap between stretched asset prices relative to prospects for recovery in real economic activity has emerged as a global policy concern while suggesting the need to consider a calibrated unwinding of stimulus once the pandemic waves are flattened and the real economy is firmly on a recovery path. The BSE Sensex hit a record high of 52,154 on February 15, which represented a 100.70 percent surge over March 23, 2020 levels. The index is hovering at 51,000-odd levels in Thursday's trade. “This order of asset price inflation in the context of the estimated 8 percent contraction in GDP in 2020-21 poses the risk of a bubble," it said. Read more

Blood bath in Dalal street: BSE Sensex nosedived 2713 points (8 %) to 31,390 levels while Nifty ended at 9,199, down 756 points (7.6 %)

Blood bath in Dalal street: BSE Sensex nosedived 2713 points (8 %) to 31,390 levels while Nifty ended at 9,199, down 756 points (7.6 %)

Monday, March 16, 2020

Indian benchmark indices were trading over 8 percent lower, dragged down primarily by bank stocks, today, 16th, March as sell-off resumed after a day's halt. The uncertainty regarding the effect of the coronavirus epidemic kept investor sentiment in check even though the US Federal Reserve cut interest rates to near-zero on Sunday. RBI is expected to hold a media interaction at 4 PM today. It is widely expected that the central bank will cut rates and announce measures to boost sentiment. Read more

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