Tag: smallcap

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 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

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

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

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

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

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

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

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 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

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 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

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 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

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 lower by 444 points at 59,114, and Nifty at 17,645, down 134 points

Thursday, February 3, 2022
The Indian benchmark indices extended losses in noon trade and were now down up to 0.7 percent today(3rd February 2022). The BSE Sensex was lower by 444 points at 59,114, and the NSE Nifty was 17,645, down 134 points. HDFC slipped further and was trading 3 percent lower, followed by L&T, Kotak Bank Infosys, Tech M, HUL, Bajaj Finance, IndusInd Bank, RIL, and Dr. Reddy's, all trading 1-2 percent lower. In the broader markets, the SmallCap index had trimmed gains and was down 0.1 percent, while the MidCap index was 0.6 percent lower. The top losers on the index included M&M finance, Godrej Properties, Supreme Ind, Muthoot Finance, Mindtree, Varun Beverages, and InfoEdge, trading 2-6 percent lower. Sectorally, auto shares continued to trade higher, while Financials and IT continued to be top laggards, down nearly 1 percent each. Read more

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

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

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

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

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

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.

Biggest fall since last April-Sensex crashes 1,546 pts, Nifty ends below 17,150

Monday, January 24, 2022
Today (24th January 2022) it was all red for Dalal Street with benchmark indices falling the most since April last year in intra-day deals. Panic selling due to the uncertainty around the quantum of a rate hike by the US Fed spooked the markets. Besides, geo-political tensions between Russia and Ukraine, the rising dollar index, and surging oil prices and bond yield added to the woes. The frontline S&P BSE Sensex crashed nearly 2,000 points intra-day, hitting a low of 56,984. It, however, staged a mild recovery in the fag-end and ended 1,546 points, or 2.6 percent, lower at 57,491.5. On the NSE, the Nifty50 shut shop at 17,149, down 468 points or 2.6 percent, with only 2 stocks managing to end higher on the index. Earlier today, it had slipped below the 17,000-mark, hitting a low of 16,998. Read more

MARKET UPDATE:Sensex 142 points lower at 59,956, while Nifty at 17,902 lower by 35 points

Thursday, January 20, 2022
Following the weak global sentiment, the Indian benchmark indices opened on a lower note and extended their losses for a third day today(20th January 2022). The BSE Sensex was 142 points lower at 59,956, while the NSE Nifty was at 17,902, lower by 35 points. In the broader market, the BSE MidCap and SmallCap indices were, however, in the green and were higher by up to 0.2 percent. On the Sensex, PowerGrid, Ultratech Cement, Tata Steel, Axis Bank, Bharti Airtel, Bajaj Finserv Bajaj Finance, and ITC.were the top gainers, up between 0.3-2 percent. On the Nifty, Tata Consumer, Grasim, Coal India, Hero Moto Corp, and Eicher Motors were the additional gainers. Read more

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:BSE Sensex up 343 points 60,960, and NSE Nifty nearly 100 points higher at 18,154

Wednesday, January 12, 2022
The Indian benchmark indices were firm in early morning deals today(12th January 2022) holding their opening gains on the back of buying in heavyweight RIL, private lender HDFC and select banking counters such as ICICI Bank, Kotak Bank, and SBI. All of these were up between 0.9-1.6 percent. The BSE Sensex was up 343 points 60,960, after reclaiming the 61,000 mark at open. The NSE Nifty was nearly 100 points higher at 18,154. The BSE MidCap and SmallCap indices too were firmly positive and were up 0.7 and 0.8 percent, respectively. Sectorally, on the NSE, the Realty index was the leading gainer, up nearly 3 percent, followed by metals, energy, and PSU Banks. Read more

MARKET UPDATE:BSE Sensex up over 174 points at 60,570, and NSE Nifty at 18,047, higher by 44 points

Tuesday, January 11, 2022
The Indian benchmark indices started on a positive note today(11th January 2022) extending the previous session's strong rally. The BSE Sensex was up over 174 points at 60,570, and the NSE Nifty was at 18,047, higher by 44 points. In the broader market, the BSE MidCap and SmallCap indices were also in the green zone and were up 0.2 and 0.6 percent, respectively. Among the Sensex-30 constituents, HDFC, NTPC, Ultratech Cement, PowerGrid, Sun Pharma, HUL, IndusInd Bank, Bajaj Finserv, Titan, and Dr. Reddy's were the top gainers, up between 0.4-1.6 percent. On the Nifty, Grasim, Tata Consumer, Shree Cement were the additional gainers. Meanwhile, Tata Steel, Bajaj Finance, Asian Paints, M&M, Kotak Bank, L&T, ICICI Bank, SBI, and Axis Bank were the top losers, down 0.3-4 percent on the BSE. Read more

MARKET UPDATE:BSE Sensex up 464 points at 60,209, and NSE Nifty higher by 136 points at 17,949

Monday, January 10, 2022
The Indian benchmark indices today (10th Jan.2021) were firmly holding their opening gains amid broad-based buying and gains in heavyweights ITC, Infosys, and HDFC Bank. The BSE Sensex was up 464 points at 60,209, and the NSE Nifty was higher by 136 points at 17,949. The two indices were up 0.8 percent each. In the broader markets, the BSE MidCap and SmallCap indices were also higher by up to 0.9 percent. Among the top gainers were Maruti (up 3.6 percent), ITC (up 2.1 percent) Infosys (up 1.7 percent), and banking stocks on the Sensex. Further, shares of Tata Consultancy Services (TCS) jumped 3 percent to Rs 3,979.90 on the BSE after India's largest information technology (IT) firm said its board will consider a buyback proposal on Wednesday, January 12, 2022. The stock traded close to its record high level of Rs 3,990 touched on October 8, 2021. Read more

MARKET UPDATE:BSE Sensex at 59,869, up 267 points, while the Nifty50 79 points higher at 17,825

Friday, January 7, 2022
The Indian benchmark indices started on a fairly positive note today (7th January 2022) a day after heavy sell-offs on weak global cues. The BSE Sensex was at 59,869, up 267 points, while the Nifty50 was 79 points higher at 17,825. The two indices were 0.46 percent up, as compared to yesterday's over 1 percent fall. In the broader market, the BSE MidCap and SmallCap indices were also in green and were up 0.5 and 0.6 percent, respectively. Among the Sensex-30 constituents, Titan, ICICI Bank, HDFC Bank, PowerGrid, SBI, and RILwere the top gainers.

MARKET UPDATE:Sensex testing the 58,000-mark,up over 100 points and the Nifty50 nearky 30 points higher, at 17,272

Wednesday, December 29, 2021
The Indian benchmark indices continued to inch up and held onto mild gains today (29th December 2021). The BSE Sensex was testing the 58,000-mark and was up over 100 points, while the NSE Nifty 50 was nearly 30 points higher, at 17,272. The broader market was a bit higher than the frontline indices. The BSE MidCap and SmallCap indices were trading 0.4 and 0.7 percent higher, respectively. Among stocks, Amara Raja Batteries was up 1 percent after the company, as part of its strategic initiatives to venture into the new-energy business and EV batteries agreed to invest up to Euro 10 million by way of equity and convertible bonds in InBot Auto AS, Oslo Norway. Read more

MARKET UPDATE:Sensex up 393 points at 57,814 and the Nifty50 at 17200, up 114 points

Tuesday, December 28, 2021
The Indian benchmark indices opened higher today(28th Dec.2021) supported by robust global sentiment and were rallying up to 0.7 percent. The BSE Sensex was up 393 points at 57,814 and the Nifty50 was at 17200, up 114 points. In line with this, broader market indices-BSE MidCap and SmallCap-were also in the positive zone, trading 0.5 percent and 0.8 percent up, respectively. On the NSe, Nifty SmallCap 100 and 250 indices were leading the gains, trading 1.2 percent up. On the Sensex, apart from Dr. Reddy's Labs, down 0.5 percent, the rest were trading in the green. Asian Paints, HCL Technology, PowerGrid, Infosys, NTPC, Axis Bank, Tech Mahindra, Bajaj Finserv, SBI Bank were the leading gainers, up 0.6-1.4 percent. Read more

MARKET UPDATE:Frontline indices extended their losses;Sensex tumbled 439 points to 56,668 levels while Nifty at 16,863, down 163 points

Monday, November 29, 2021
The Indian frontline indices extended their losses in today's(29th Nov.2021) deals amid weakness in Asian markets as investors continue to monitor developments surrounding the recently discovered omicron, Covid variant. The BSE Sensex tumbled 439 points, or 0.77 percent, to 56,668 levels and the Nifty50 slipped below 16900-mark at 16,863, down 163 points. In the broader markets, the BSE MidCap and SmallCap indices fell up to 3 percent.

MARKET UPDATE: Sensex down 92 points at 59,975 levelsand Nifty at 17,878 levels, down 38 points

Monday, November 8, 2021
Equity markets were volatile on the first trading day of Samvat 2078(8th November 2021). After hitting an opening high of 60,434, the BSE Sensex gave up gains and was down 92 points at 59,975 levels in early deals. Its NSE counterpart Nifty50, on the other hand, was at 17,878 levels, down 38 points. IndusInd Bank was the biggest loser, down 10 percent, amid reports of lapses in governance and accounting norms related to allegedly 'evergreen' loans running into thousands of crores since the outbreak of Covid-19. On its part, IndusInd Bank on Saturday admitted that its micro-finance arm gave nearly 84,000 loans "without customer consent" due to a "technical glitch" on May 21, but denied whistleblowers' allegations of "evergreening". Sun Pharma, Asian Paints, Tata Steel, M&M, HCL Tech, and HDFC Bank were some of the other tops drags on the 30-pack index. On the upside, L&T, Kotak Bank, Maruti Suzuki, and Airtel were trading with up to 1 percent gains. Read more

MARKET UPDATE: Sensex down 743 points at 59,241 levels while Nifty at 17,676-mark, down 180 points

Friday, October 29, 2021
The Indian benchmark indices extended yesterday's decline today(29th Oct.2021) as well with the frontline S&P BSE Sensex sliding 743 points at 59,241 levels, while the Nifty50 at 17,676-mark, down 180 points. Only 2 constituents, Tata Steel and Asian Paints were trading in the green on the Sensex, while Bajaj Finserv, NTPC, IndusInd Bank, and L&T fewere leading the list of losers. In the broader markets, the BSE MidCap and SmallCap declined 1.5 percent and 1.8 percent, respectively. Dalal Street is witnessing an across-the-board sell-off with banks being the worst lot. The Nifty PSU Bank index is down 2.6 percent while the Nifty Bank index is trading over 2 percent lower. All other key sectoral indices were down up to 1 percent. Read more

Midcaps and smallcaps to contribute to profitability this time: Experts

Wednesday, October 13, 2021
People should always focus on high-quality companies but the opportunity set itself is going to be very different from the ones that we saw in 2018 and 2019 where the markets got very narrow on the top. I see a much wider breadth of industries starting to contribute to the overall profit pool, say, experts. Actually, they believe that while there has been a very strong consolidation in every sector and the big are getting bigger and the strong are getting stronger, the breadth of the market is likely to remain much wider and the opportunity set is likely to remain much wider. People should always focus on high-quality companies but the opportunity set itself is going to be very different from the ones that we saw in 2018 and 2019 where the markets got very narrow on the top. Read more

MARKET UPDATE:Volatile markets;BSE Sensex rose 112 points at 58,409 levels and Nifty at 17,420, up 42 points

Tuesday, September 7, 2021
Benchmark indices in India traded with tepid gains today(7th September 2021) amid muted global cues, supported by no negative domestic triggers. The BSE barometer of 30 shares rose 112 points, or 0.2 percent, at 58,409 levels in early deals while the NSE's Nifty50 held above the 17,400-mark at 17,420, up 42 points. Asian Paints, Tata Consumer Products, HUL, ITC, and Britannia lifted the benchmarks, rising up to 1 percent. On the downside, Wipro, BPCL, Coal India, and Sun Pharma capped gains. In the broader markets, the BSE MidCap and SmallCap indices gained 0.3 percent and 0.2 percent, respectively.

MARKET UPDATE:BSE Sensex traded at 57,679 level, up 126 points and Nifty at 17,176, up 44 points

Wednesday, September 1, 2021
Indian benchmark indices came off highs but were trading in the green today(1st September 201) amid gains in realty, energy, FMCG, and auto stocks. The frontline S&P BSE Sensex traded at 57,679 level, up 126 points on the BSE while the broader Nifty50 was at 17,176, up 44 points. Earlier today, the indices hit new lifetime highs of 57,765.92 and 17,185.60, respectively. Axis Bank (up 3 percent), L&T, Bajaj Auto, Asian Paints, and Nestle India were the top gainers on the BSE barometer. On the contrary, HDFC (down 1 percent), Bharti Airtel, Tata Steel, and Maruti Suzuki were the top laggards. Meanwhile, in the broader market, the BSE MidCap and SmallCap indices advanced 0.7 percent each.

Midcap and Smallcap stocks down;24 stocks freeze at lower circuits

Tuesday, August 10, 2021
Today (10th August 2021) shares of mid and small-cap companies came under pressure, falling by up to 18 percent on the BSE amid profit booking. At 02:04 pm, the S&P BSE Midcap index and the S&P BSE Smallcap index were down 1 percent and 2 percent, respectively. In comparison, the benchmark S&P BSE Sensex was up 0.23 percent at 54,527 points. With today's fall, mid-and small-cap indices have corrected 3.3 percent and 4.6 percent, respectively from their respective all-time highs touched on August 4, 2021. Prior to that, the S&P BSE Midcap index had rallied 29 percent, and the S&P BSE Smallcap index had zoomed 48 percent in the calendar year 2021. Read more

Closing Bell:Sensex gains 200 points, Nifty at 16280.10

Tuesday, August 10, 2021
At close, the Sensex was up 151.81 points or 0.28% at 54554.66, and the Nifty was up 21.80 points or 0.13% at 16280.10 after falling from record-high levels on Tuesday. Kotak Mahindra Bank, Housing Development Finance Corporation (HDFC), Titan Company, Bajaj Finance, M&M, State Bank of India (SBI), IndusInd Bank were top Sensex gainers. Power Grid Corporation of India, Nestle India, Bajaj-Auto, HUL, ITC were top index losers. About 679 shares have advanced, 2401 shares declined, and 98 shares are unchanged. Barring the Nifty FMCG index, all the sectoral indices were trading in the green. Bank Nifty was up 0.58 percent at 36,238.80. Nifty Financial Services index gained 0.7 percent. The BSE MidCap and SmallCap indices bled 1 percent and 2 percent, respectively.

Smallcap funds make for a good investment choice now

Tuesday, July 20, 2021
Smallcap companies are those that have a market capitalisation of less than the 250th stock on the stock exchange. With economic data improving, the corporate profitability of smallcap companies can be expected to improve. Investors looking for decent returns and having a higher risk tolerance can look to invest in small caps. When it comes to mutual funds, schemes that invest at least 65% of their portfolio in smallcap stocks can be deemed as smallcap funds. There are over 4,500 smallcap companies listed on the stock exchange in India. Though they have the potential to give investors good returns, it is advisable to stay invested in them for the long term to mitigate the risks. Actively managed to smallcap funds can outperform other segments of the market, especially during phases of economic recovery or growth. Historically too, the smallcap funds have managed to outperform other segments. Read more

MARKET UPDATE: Sensex traded at 53,215 levels, up 56 points and Nifty at 15,949 levels, up 25 points

Friday, July 16, 2021
Indian equity markets sustained their uptrend today(16th July 2021) despite the weak global trends and the benchmark indices hitting a new record high in intra-day deals. The S&P BSE Sensex traded at 53,215 levels, up 56 points or 0.11 percent while the Nifty50 was at 15,949 levels, up 25 points. In the intra-day trade, the indices touched new lifetime highs of 53,291 and15,962.25, respectively. The BSE MidCap and SmallCap indices advanced 0.11 percent and 0.38 percent in the broader market, respectively. Read more

MARKET UPDATE: sensex at 53,067 levels, up 160 points and Nifty up 41 points, to quote at 15,895 levels

Thursday, July 15, 2021
Indian benchmark indices saw modest gains on Dalal Street today(15th July 2021) amid mixed global cues. The frontline S&P BSE Sensex was at 53,067 levels, up 160 points or 0.31 percent. It's NSE counterpart, Nifty50, added 41 points, or 0.26 percent, to quote at 15,895 levels. Shares of Infosys added 1 percent in early deals as the IT major raised its revenue growth guidance for FY22 to 14-16 percent from an earlier estimate of 12-14 percent. L&T, HCL Tech, and Tech M were the other top gainer on the BSE barometer. The BSE MidCap index added 0.25 percent while the BSE SmallCap index advanced 0.63 percent. Twenty-two companies, including Wipro, Angel Broking, Tata Elxsi, L&T Infotech, and Cyient are slated to post their quarterly numbers today. Read more

BSE Smallcap index hits new high

Monday, July 5, 2021
Shares of small-cap companies were on a roll today (5th July 2021) with the S&P BSE SmallCap index hitting a new high of 25,809 on the BSE in the intra-day trade on the back of a strong rally in telecom, agrochemicals, fertilizers, chemicals, information technology (IT), textiles and pharmaceutical stocks. The S&P BSE SmallCap index was up 0.90 percent as compared to a 0.70 percent rise in the S&P BSE Sensex and a 0.29 percent gain in the S&P BSE MidCap index. In the past one month, the SmallCap index has outperformed the other two by surging 6.4 percent. In comparison, the benchmark Sensex and the MidCap indices gained 1.4 percent and 0.28 percent, respectively. Individually, HFCL, OnMobile Global, Zuari Agro Chemicals, Grauer & Weil (India), Jindal Worldwide, Apex Frozen Foods, Accelya Solutions India, Newgen Software Technologies, and KRBL soared between 11 percent and 20 percent in the intra-day trade today. Read more

MARKET UPDATE:Sensex gained 100 points at 52,650 levels and Nifty topped the 15,750-mark

Wednesday, June 30, 2021
The benchmark indices in India edged up in early deals today(3othJune 2021), amid largely positive cues from other Asian markets. The S&P BSE Sensex gained 100 points at 52,650 levels and the broader Nifty50 index topped the 15,750-mark. Maruti Suzuki, Titan, and Tata Steel were the top Sensex gainers. All the Nifty sectoral indices, barring Nifty Realty, traded in the green, led by the Nifty Metal index, up 0.75 percent. In the broader markets, the S&P BSE MidCap and SmallCap indices traded 0.2 percent and 0.5 percent higher, respectively. More than 900 companies including SpiceJet, Vodafone Idea, Dish TV India, IRCON International, and Sadbhav Engineering are scheduled to release their quarterly earnings today. Read more

20 stocks could get upgrades with seven of them moving from midcap space to largecap, and 13 from smallcap space to midcap

Thursday, June 3, 2021
Due to strong interest in cyclical and digital stocks in the last one year, names from these segments will dominate the upgrades when the Association of Mutual Fund in India (Amfi) updates its biennial size reclassification list in early July. Assuming that prices will not deviate a lot from current levels during June, overall 20 stocks could potentially get upgrades with seven of them moving from midcap space to largecap, and 13 from smallcap space to midcap, said ICICI Securities NSE 5.47 %. Of the above 20 stocks, 14 belong to cyclical (industrials and lenders), while five belong to the digit domain (platform, e-commerce or niche digital technology), and one to defensive (healthcare). Read more

BSE SmallCap index hit a new record high of 23,093

Thursday, May 20, 2021
Today (20th May 2021) the S&P BSE SmallCap index hit a new record high of 23,093 in the intra-day trade driven by its constituents that have rallied by up to 112 percent in the past one month after the respective companies reported strong earnings to show for the quarter ended March 2021 (Q4FY21). At 12:48 pm, the S&P BSE Smallcap index, the top gainer among broader indices, was up 0.59 percent as compared to a 0.16 percent rise in the S&P BSE Midcap index and a 0.03 percent decline in the benchmark index S&P BSE Sensex. In the past month, the SmallCap index has rallied 11 percent as against a 4.6 percent and a 7.6 percent gain in the MidCap and Sensex, respectively. Automotive Axles, Gayatri Projects, Shakti Pumps, Pokarna, TV Today, TCI Express, Just Dial, Walchandnagar Industries, SORIL Infra Resources, H.G. Infra Engineering, Shivam Auto, and Emami Realty rallied between 10 percent and 20 percent in the intra-day session today.

Hikal hits upper circuit on signing 10-year deal with global pharma Co

Wednesday, May 5, 2021
Shares of smallcap firm Hikal on Wednesday, rallied 10 percent to Rs 313.65, and touched a new high, on the BSE in intra-day trade after the company signed a multi-year contract with a leading global pharmaceutical company for the development and supply of a portfolio of niche active pharmaceutical ingredients (APIs) over a period of 10 years. The development will start this year and commercial supplies will commence post successful development and plant commercialization estimated to be in FY 2024 onwards. With this deal, Hikal is entering into a niche area of chemistry and products thereby bolstering its Animal Health vertical. Hikal and its customer will be jointly investing at its Panoli, Gujarat site to set up a multipurpose manufacturing asset for manufacturing of these APIs, it said. Read more

Are Midcap & smallcaps readying to rally?

Thursday, July 2, 2020
Some selected smallcap and midcap stocks such as Balkrishna Industries, Deepak Nitrite, Rallis India, and Bajaj Electricals, etc. may deliver up to 26 percent return to investors during the second half of 2020, according to ICICI Securities. The brokerage says after a lull of more than 24 months, the broader market is on the cusp of the next major bull market. The BSE Midcap and BSE Smallcap indices have corrected 29 percent and 38 percent, respectively, from their respective all-time high scaled in January 2018. Benchmark Sensex is down 16 percent from its lifetime high of 42,273, scaled on January 20 this year. Read more