update News: Catch latest news and updates on update only at KnowMyStock

Muhurat Trading session: Sensex settled 525 points higher at 59,832 and Nifty with a solid gain of 154 points at 17,731

Muhurat Trading session: Sensex settled 525 points higher at 59,832 and Nifty with a solid gain of 154 points at 17,731

Monday, October 24, 2022

Muhurat Trading session: The key benchmark indices started Samvat 2079 on a gung-ho note led by strong gains in financial and capital goods stocks. In today's(24 October 2022) one-hour special trading session, the S&P BSE Sensex scaled a high of 59,994 and eventually settled 525 points higher at 59,832. The NSE Nifty touched a high of 17,778 and ended with a solid gain of 154 points at 17,731. In the process, the benchmark indices registered the best-ever trading session on Muhurat day in the last 14 years, since 2008. Among the Sensex 30 stocks, Nestle India surged 3 percent. ICICI Bank, Larsen & Toubro, SBI and HDFC twins were the major gainers. On the flip side, Hindustan Unilever shed 3 percent. Read more

MARKET UPDATE:Sensex down 115 points at 60,706 while Nifty below 18,100 mark, down 60 points

MARKET UPDATE:Sensex down 115 points at 60,706 while Nifty below 18,100 mark, down 60 points

Monday, October 25, 2021

The Indian markets were off to a volatile start today(25th Oct.2021) as investors assessed the September quarter results of index heavyweights. Meanwhile, the choppy Asian market mood also rubbed off on investor sentiment back home. At 9.30 am, Sensex was down 115 points at 60,706 while Nifty was below the 18,100 mark, down 60 points. Nifty Realty was the worst sectoral performer, followed by Pharma, IT, and FMCG. The banking and financial sectors held ground in an otherwise weak market. Broader markets tumbled in tandem with benchmarks, while the volatility index, India VIX, spiked 5%. Read more

Key factors driving today's market rally

Key factors driving today's market rally

Thursday, October 7, 2021

Tata Motors, IndusInd Bank, Eicher Motors, ICICI Bank, SBI Life Insurance, and Reliance Industries were among other gainers.ONGC was the top loser in the pack, down 2.17 percent. Divi’s Labs and Britannia Industries were among those that traded in the red. FACTORS DRIVING MARKETS: Crude oil cools off: Oil prices dropped back from multi-year highs hit a day earlier, having been a major contributor to this week's equities sell-off. Gas prices also fell, a day after Russian leaders indicated that supply to Europe could increase. Read more

Titan shares dips 3 percent after June quarter business update

Titan shares dips 3 percent after June quarter business update

Wednesday, July 7, 2021

Shares of Titan Company dipped 3 percent to Rs 1,717.55 on the BSE in intra-day trade on Wednesday after the watch-to-jewelry maker released a business update for the first quarter of FY22. The company recorded revenue growth of around 117 percent year-on-year (YoY), excluding bullion sales, in the April-June quarter of the financial year 2021-22 (Q1FY22), with revenue contribution of nearly 50 percent 10 percent and 40 percent coming from April, May and June months, respectively. The company’s sales were hit amid the second COVID-19 wave, which led to temporary closures of stores in key states. Jewellery division in Q1FY22 grew by around 107% (excluding bullion sales), compared to last year, primarily due to zero sales in April of last year. The watches and wearables division grew by around 280% over Q1FY21. Eye Wear division grew by around 117% over Q1FY21. Read more

MARKET UPDATE:Sensex fell 500 points to 50,280 levels and Nifty gave up the 14,900-mark

MARKET UPDATE:Sensex fell 500 points to 50,280 levels and Nifty gave up the 14,900-mark

Monday, March 15, 2021

The benchmark indices in India added to their early losses and were trading over 1 percent lower in today's(15th March 2021) morning deals. Meanwhile, the volatility index, India VIX, ticked up 5 percent to 22.9 levels. The S&P BSE Sensex fell 500 points, or 1 percent, to 50,280 levels and the Nifty50 index gave up the 14,900-mark. Bajaj Finance, Bajaj Finserv, HDFC, State Bank of India, and HDFC Bank fell over 1 percent each and were the top Sensex laggards. The Nifty sectoral indices were painted red, with the Nifty Bank index, down 1.8 percent, bleeding the most. In the broader market, the S&P BSE MidCap and SmallCap indices were down 0.5 percent and 0.4 percent, respectively. Read more

MARKET UPDATE:Sensex gained 350 points to 50,700 levels and Nifty reclaimed the psychological level of 15,000

MARKET UPDATE:Sensex gained 350 points to 50,700 levels and Nifty reclaimed the psychological level of 15,000

Wednesday, March 3, 2021

The markets in India traded over half a percent higher in today's(3rd March 2021) early deals after opening on a firm note for the third consecutive day. The S&P BSE Sensex gained 350 points to 50,700 levels. The broader Nifty50 index, meanwhile, reclaimed the psychological level of 15,000 and was holding above that mark. HDFC, ONGC, PowerGrid, NTPC, and Infosys rose 1 percent, each, and were the top Sensex gainers. Among other individual stocks, IRCON slid 6 percent as the offer for sale for up to 16 percent government stake at a floor price of Rs 88 per share in the railway PSU opened today. The Nifty sectoral indices traded in the green, led by the Nifty Metal index, up 2 percent.

MARKET UPDATE:Indian markets trading with slim gains -Sensex rose 54 points to 37,920 levels, and Nifty at 11,150 levels

MARKET UPDATE:Indian markets trading with slim gains -Sensex rose 54 points to 37,920 levels, and Nifty at 11,150 levels

Thursday, July 23, 2020

The equity markets in India were trading with slim gains today(23rd July 2020), in line with the trends in Asian markets. The S&P BSE Sensex rose 54 points to 37,920 levels and the Nifty50 index hovered above 11,150 levels. Asian Paints (up 2%) was the top Sensex gainer. Larsen & Toubro was also trading over 1 percent higher after announcing its June quarter results. ICICI Securities also rose as much as 7 percent following the announcement of its quarterly results. Meanwhile, YES Bank hit a 20 percent lower circuit at Rs 14.60 on the BSE. The Nifty sectoral indices were trading mixed, with the Nifty Metal index, up 0.7 percent, leading the list of gainers. Specialty chemical company Rossari Biotech will get listed at the bourses today. The public issue, which consists of a fresh issue of Rs 50 crore and an offer for sale of 1.05 crore shares by promoters, saw a massive subscription of 79.37 times backed by QIB and non-institutional investors. Read more

India Coronavirus update: 32,695 new cases in the past 24 hours- biggest single-day spike yet

India Coronavirus update: 32,695 new cases in the past 24 hours- biggest single-day spike yet

Thursday, July 16, 2020

India has recorded 32,695 Covid-19 cases in the past 24 hours — its biggest single-day spike yet — to take its total number of coronavirus cases to 970,596. With over 600 deaths on 15th July 2020, the country's Covid-19 the death toll has now reached 24,929. India, the third-most-affected country by total cases and eighth by death toll, has added 201,580 cases — 21% of its total tally — in the past 7 days alone. Worldometer recorded an increase of over 230,000 coronaviruses. The recovery rate in West Bengal has gone downhill since the last two weeks, while the rate of infection has been increasing — and all these when the city is facing an acute shortage of beds in both government and private hospitals. In the last two weeks, from 30 June to 14 July, Bengal’s discharge/recovery rate has fallen from 66.48 percent to 60 percent. In Kolkata, it has nosedived from 64 percent to 56 percent, according to state government data. Read more

Coronavirus updates

Coronavirus updates

Tuesday, June 9, 2020

The total number of coronavirus cases in India has jumped to 267,614, while 7,481 people have died from the disease so far. Maharashtra has recorded a tally of 88,528, which is more than China's. In Mumbai alone, there are over 50,000 cases of Covid-19. Delhi Chief Minister Arvind Kejriwal has gone into isolation on the advice of doctors. He was suffering from fever and cough. The CM underwent coronavirus test today, report expected to be released soon. Coronavirus world update: The global tally of coronavirus cases is 7,219,187, and 409,108 people have died from the disease so far.

MARKET UPDATE:Sensex hovered around 34,350 levels and the Nifty testing 10,200 level

MARKET UPDATE:Sensex hovered around 34,350 levels and the Nifty testing 10,200 level

Tuesday, June 9, 2020

Equity markets in India were trading mildly higher today on the back of favourable global cues. The S&P BSE Sensex hovered around 34,350 levels and the Nifty50 index was testing 10,200 level. Among individual stocks, Titan Company rose as much as 2 percent in early deals after announcing its March quarter results while PVR Ltd declined over 4 percent after declaring its Q4 numbers. Besides, Sun Pharma and Tech Mahindra (both up 2%) were the top Sensex gainers. The trend among Nifty sectoral indices was mixed with gains in the Nifty Pharma index (up 1.35 percent) being offset by the Nifty PSU Bank index (down 1.4 percent). Twenty-three companies including Hero MotoCorp and Bombay Dyeing are scheduled to announce their March quarter results today. Analysts expect Hero MotoCorp to report over 20 percent fall in top-line, led by 25 percent YoY decline in total volumes.

Coronavirus UPDATE: Whether Covid entered India as early as in November?

Coronavirus UPDATE: Whether Covid entered India as early as in November?

Thursday, June 4, 2020

India has on 4th June recorded its biggest spike in the number of coronavirus cases, with 9,304 of them being reported in a single day, besides over 250 deaths. The total number of corona cases in the country stands at 216,919. The global tally of coronavirus cases are 6,568,644 and 387,959 people have died from the disease. Meanwhile, top scientists from leading research institutes in the country have estimated that the ancestor of the novel coronavirus strain from Wuhan was in circulation by December 11, 2019. The first confirmed Covid-19 case in India was registered on January 30 in Kerala, the most recent common ancestor (MRCA) of Indian strains with roots in China was in circulation as early as November 2019, reports TOI. Read more

MARKET UPDATE: Sensex at 31,990 levels and the Nifty gave up the 9,450 mark amid weak global cues

MARKET UPDATE: Sensex at 31,990 levels and the Nifty gave up the 9,450 mark amid weak global cues

Friday, May 29, 2020

The Indian markets dipped 1/2 percent on Friday, tracking weakness in global markets amid escalating US-China tensions, and ahead of the release of GDP data for January-March quarter of 2019-20 (Q4FY20). The numbers, which are likely to come in post-market hours, are expected to show growth contracting with some analysts penciling in a 5 percent dip. The S&P BSE Sensex slipped 207 points to 31,990 levels and the Nifty50 gave up the 9,450 marks. Infosys and Axis Bank (both down 2%) were the top Sensex laggards. On the other hand, Vodafone Idea surged 10 percent on a report that Google is in talks to buy a 5 percent stake in the company. The Nifty sectoral indices were largely in the red, led by Nifty Bank index, down 1.2 percent. On the other hand, Nifty Pharma was up over 1 percent. Thirty-one companies including Voltas, Jubilant Life Sciences, and Metropolis Healthcare, are scheduled to announce their March quarter results today.

Coronavirus updates: COVID- 19 cases in India has reached 146,208;Globally, 5,607,145 infected

Coronavirus updates: COVID- 19 cases in India has reached 146,208;Globally, 5,607,145 infected

Tuesday, May 26, 2020

The total count of COVID- 19 cases in India has reached 146,208, according to the Ministry of Health and Family Welfare. The country now ranks among the world's top 5 nations with most active cases, the list of which is led by the US. The number of deaths related to the Covid-19 in India stands at 4,187. 4.4 deaths per lakh population have been reported for the world, while India has reported about 0.3 deaths per lakh population, which is amongst the lowest in the world. This has been due to lockdown, timely identification, and management of coronavirus cases: Lav Agarwal, Union Health Ministry Joint Secretary. Read more

MARKET UPDATE:Sensex, Nifty flat;RBI cuts repo rate by 40 bps to 4%

MARKET UPDATE:Sensex, Nifty flat;RBI cuts repo rate by 40 bps to 4%

Friday, May 22, 2020

Markets in India were trading flat today (22nd May 2020) as the Reserve Bank of India (RBI) slashed repo rate by 40 bps to 4 percent. Among headline indices, the S&P BSE Sensex was up 40 points at around 30,970 levels and the Nifty50 index reclaimed the 9,100 marks. Infosys gained 2 percent after the class-action lawsuit filed against the company in the US was dismissed. Reliance Industries gained 1 percent after the conglomerate said that KKR would invest Rs 11,367 crore into Jio Platforms for a 2.32 percent equity stake. The trends among Nifty sectoral indices were mixed. Nifty PSU Bank index, up 1.8 percent, gained the most. Twenty-five companies including Alembic Pharmaceuticals, IDFC First Bank, and UPL, are scheduled to announce their March quarter earnings later in the day.

Sensex surges to 31,046 levels, Nifty at 9,138-mark,broader indices outperform

Sensex surges to 31,046 levels, Nifty at 9,138-mark,broader indices outperform

Thursday, May 21, 2020

Equities in India opened in the green today(21st May 2020) amid broad-based buying. The benchmark S&P BSE Sensex gained 227 points, or 0.71 percent, to trade at 31,046 levels in the morning deals. Bajaj Auto, up 5 percent, was the top gainer on the index after the firm's Q4FY20 results beat Street expectations. Aviation stocks, IndiGo and SpiceJet, surged 8 percent and 5 percent, respectively in the opening deals as the government announced that domestic airline operations would resume on May 25. Read more

MARKET UPDATE:Sensex dips 450 pts;Nifty down 114 points at 9K level

MARKET UPDATE:Sensex dips 450 pts;Nifty down 114 points at 9K level

Monday, May 18, 2020

Markets opened in red today (18th May 2020) as stimulus measures announced over the weekend, as part of the government's Rs 20 trillion economic packages, failed to cheer markets. Probably because investors were expecting huge fresh liquidity infusion into the system to improve the aggregate demand. Besides, the government has extended nationwide lockdown till May 31, with some relaxations. The benchmark S&P BSE Sensex declined 444 points, or 1.43 percent, at 30,653 level. NSE's Nifty50, meanwhile, was at 9,022 level, down 114 points or 1.26 percent. Among top losers, ICICI Bank, Axis Bank, and SBI were down over 3 percent each on the index. Infosys (up to over 1 percent), Tech M, and TCS were the top gainers on the 30 share index. Sectorally, banking counters were trading in a sea of red. Nifty PSU Bank index was trading with a 3 percent cut and was the top loser on the NSE. Nifty Pharma, however, was up 0.8 percent. Read more

MARKET UPDATE: Indices in red,Sensex around 31,100 levels and the Nifty below 9,150

MARKET UPDATE: Indices in red,Sensex around 31,100 levels and the Nifty below 9,150

Friday, May 15, 2020

Markets in India declined in today's (15th May 2020) early deals, pulled down by auto and bank stocks, amid mixed global cues. The S&P BSE Sensex hovered around 31,100 levels and the Nifty50 index was below 9,150. Mahindra & Mahindra (down 2%) and ITC (down 1%) were the top Sensex losers while ONGC gained 2 percent. Biocon dipped 2 percent after its Q4 net profit declined 42.2 percent to Rs 123 crore on a y-o-y basis. The trend among Nifty sectoral indices was largely negative, led by the Nifty Auto index, down 0.8 percent. Today,12 companies including Cipla, Aarti Drugs, and M&M Finance are scheduled to announce their results

MARKET UPDATE: Sensex slips 450 pts; HDFC twins and RIL drag

MARKET UPDATE: Sensex slips 450 pts; HDFC twins and RIL drag

Tuesday, May 12, 2020

The Indian indices declined over 1 percent today (12th May 2020), weighed down by heavyweights like HDFC twins and Reliance Industries. Apart from weak global cues, the indication by the Centre that the nationwide lockdown could be extended beyond May 17, albeit with eased restrictions for businesses, also weighed on the sentiment. The S&P BSE Sensex slipped 475 points, or 1.5 percent, to 31,100 levels, and the Nifty50 index was around 9,100 levels. HDFC twins (both down 2 percent) dragged the Sensex lower. Besides, Asian Paints was down 3 percent. Piramal Enterprises dipped over 7 percent in early deals post-March quarter results announcement. On the other hand, IRCTC was frozen in a 5 percent upper circuit for second straight day. The Nifty sectoral trend was negative except for the Nifty IT index which was up half a percent. 11 companies, including Nestle, Havells, and Bandhan Bank are scheduled to announce their March quarter results.

India COVID-19 cases near 63,000; death toll at 2,109

India COVID-19 cases near 63,000; death toll at 2,109

Sunday, May 10, 2020

The death toll due to COVID-19 rose to 2,109 and the number of cases climbed to 62,939 in the country today (10th May 2020), registering an increase of 128 deaths and 3,277 cases in the last 24 hours, according to the Union Health Ministry. The number of active COVID-19 cases stood at 41,472, while 19,357 people have recovered and one patient has migrated, the ministry said. The total number of cases also include 111 foreign nationals. Of the 2,109 fatalities, Maharashtra tops the tally with 779 deaths. Gujarat comes second with 472 deaths, followed by Madhya Pradesh at 215, West Bengal at 171, Rajasthan at 106, Uttar Pradesh at 74, Delhi at 73, and Andhra Pradesh and Tamil Nadu at 44. The death toll is 31 in Punjab, 30 each in Karnataka and Telangana. Jammu and Kashmir and Haryana each have registered nine COVID-19 deaths, Bihar five and Kerala four. Read more

MARKET UPDATE: Sensex drops , Nifty tests 9,200

MARKET UPDATE: Sensex drops , Nifty tests 9,200

Thursday, May 7, 2020

The equity market in India started today's(7th May 2020) session on a weak note, in line with their other Asian markets. The S&P BSE Sensex was trading around 31,570 levels, down 80 points, and the Nifty50 hovered around 9,240 level. Among individual stocks, YES Bank surged 10 percent after reporting a net profit of Rs 2,629 in the March quarter. HCL Tech also gained 3 percent after reporting its Q4 numbers. Hindustan Unilever slipped 5 percent in early deals after the company's 4.23 percent equity changed hands in a block deal. As per a report, UK-based GSK was to offload shares worth Rs 26,000 crore in the FMGC major. Read more

COVID-19-UPDATE: 3,900 new cases and 195 fatalities in last 24 hrs, highest increase in single day

COVID-19-UPDATE: 3,900 new cases and 195 fatalities in last 24 hrs, highest increase in single day

Wednesday, May 6, 2020

In India 3,900 new COVID-19 cases and 195 fatalities were reported in the last 24 hours, the biggest spike in a single day, the health ministry said on Tuesday and asserted that some states were not reporting cases in a timely manner, which is now being addressed. Addressing the daily briefing on the COVID-19 situation in the country, joint secretary at the health ministry Lav Agarwal said the total number of cases stand at 46,433 and the death toll at 1,568. The ministry said 1,020 COVID-19 patients recovered in the last 24 hours, taking the total number of those cured to 12,726, a recovery rate of 27.41 percent. Read more

MARKET UPDATE: Sensex dips 200 points, Nifty below 9,200; Oil marketing companies tumble

MARKET UPDATE: Sensex dips 200 points, Nifty below 9,200; Oil marketing companies tumble

Wednesday, May 6, 2020

Equity markets in India slipped today (6th May 2020) amid mixed global cues, dragged lower by oil marketing companies and FMCG stocks. Oil marketing companies' shares declined after the Centre hiked excise duty on petrol and diesel and asked the OMCs to absorb the price hike. BPCL crashed 9 per cent while HPCL tumbled 10 percent. The S&P BSE Sensex fell 274 points to 31,180 levels while the Nifty50 index gave up 9,200. ITC (down 5%) and Axis Bank (down 4%) were the top Sensex laggards. The Nifty sectoral indices were largely in the red, led by the Nifty FMCG index, down 2.3 per cent. Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers.

Market update:Sensex gains 350 points, Nifty around 9,400

Market update:Sensex gains 350 points, Nifty around 9,400

Tuesday, May 5, 2020

Equity markets in India today (5th May 2020) edged higher, in line with their Asian peers, led by banks and metals. The S&P BSE Sensex rose 370 points to 32,060 marks and the Nifty50 index was around 9,400 levels. Axis Bank, ONGC, and IndusInd Bank (all up 3%) led the list of gainers in the Sensex pack. Marico gained 5 percent after announcing its March quarter earnings. A total of nine companies including Adani Ports, SBI Life Insurance, and Rallis India are scheduled to announce their March quarter earnings. Wall Street rebounded in overnight trade as the lifting of lockdowns in some US states boosted optimism. The Dow Jones rose 0.1 percent, the S&P 500 gained 0.4 percent and the Nasdaq Composite added 1.2 percent. Asian stocks also inched higher in early deals. Australia's ASX 200 gained 1.3 percent and the Hang Seng index was up half a percent. In commodities, oil prices jumped higher. Brent crude was last up 4 percent at $28.32 a barrel.

MARKET UPDATE:Sensex plunges 1,400 points, Nifty below 9,500

MARKET UPDATE:Sensex plunges 1,400 points, Nifty below 9,500

Monday, May 4, 2020

Today (4th May 2020) the Indian equity markets dipped over 4 percent, tracking weak global cues after the latest flare-up in US-China tensions. Further, yet another extension of the nation-wide lockdown also weighed on investor sentiment. The S&P BSE Sensex tumbled 1,461 points to 32,250 levels and the Nifty50 index hovered around 9,430 levels. Among individual stocks, Hindustan Unilever fell as much as 4 percent after reporting the March quarter results while Reliance Industries was down 2 percent. Tata Steel and ICICI Bank (down 8 percent each) were the top losers in the Sensex pack. Shares of banks, metals, and automobile companies were the worst-hit. All the Nifty sectoral indices were in the red, led by the Nifty Bank index, down over 6 percent. Read more

Market update:Sensex rallies 800 points, Nifty above 9,750

Market update:Sensex rallies 800 points, Nifty above 9,750

Thursday, April 30, 2020

Equity markets in India advanced today (30th April 2020) tracking favourable global cues. The S&P BSE Sensex jumped 870 points, or 2.7 percent, at 33,590 and the Nifty50 index hovered around 9,805 levels. Auto stocks led the charge. Maruti Suzuki India (up 6%) and Mahindra & Mahindra (up 4%) were among the top Sensex gainers. Reliance Industries was also up 1 percent ahead of the March quarter results today. All the Nifty sectoral indices were in the green, led by the Nifty Auto index, up 5 percent. Read more

Market update: Sensex gains 500 points, Nifty above 9,300

Market update: Sensex gains 500 points, Nifty above 9,300

Monday, April 27, 2020

Today (27th April) buying across the table especially in index heavyweights Reliance Industries and HDFC drove the Indian markets higher, in line with the Asian indices. The S&P BSE Sensex jumped 554 points, or 1.77 percent, to 31,880. The Nifty50 index surpassed 9,300 levels. Among individual stocks, Reliance Industries and HDFC were both up 2 percent each while IndusInd Bank was up 3 percent. Mindtree rose as much as 7.5 percent in early deals after declaring its March quarter results. All the Nifty sectoral indices were in the green, led by the Nifty IT index, up 2 percent. IndusInd Bank and Ambuja Cements are scheduled to announce their March quarter results today. Asian shares inched higher in today's early trade. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1 percent in early trade. Japan’s Nikkei and South Korea's Kospi both gained over 1 percent each. Incommodities, Brent crude futures firmed 45 cents to $21.89 a barrel.

Market update:Sensex gains 200 points, Nifty tops 9,300

Market update:Sensex gains 200 points, Nifty tops 9,300

Monday, April 20, 2020

Equity markets in India rose today(20th April 2020), lifted by HDFC twins and Infosys. The S&P BSE Sense was up 228 points, or 0.7 percent, at 31,800. Among individual stocks, HDFC Bank jumped 4 percent after a 2.5 percent growth in its pre-tax profit in the March quarter. Besides, Infosys also gained 2 percent ahead of its results later in the day. The broader Nifty50 index hovered around 9,320 levels, up 60 points. Sectorally, the trend was mixed. While the Nifty Financial Services index rose 1.8 percent the Nifty Pharma index slipped a little over 1 percent. Aviation stocks also declined after the government prohibited airlines to book tickets until further notice.

Market update:Sensex gains 200 pts, Nifty tests 9k

Market update:Sensex gains 200 pts, Nifty tests 9k

Thursday, April 16, 2020

Indian stocks edged higher after a volatile start today (16th April). The S&P BSE Sensex was up 200 points, or 0.7 percent, at 30,600 levels and the Nifty50 index was up 73 points at 8,990 levels. Wipro fell as much as 6 percent after posting muted growth in its revenue and profit numbers for the fourth quarter of the last financial year. In the Sensex pack, Axis Bank, Titan, Tech Mahindra, and Hero MotoCorp were the top losers. Among sectoral indices, the Nifty IT index, down over 2 percent, was the top loser. The broader market fared relatively better. The S&P BSE MidCap index and the SmallCap index were both up 1 percent each.

Market update:Indices give up gains

Market update:Indices give up gains

Wednesday, March 11, 2020

Benchmark indices were trading volatile today(11th March), with the volatility index, India VIX, surging 7 percent. The S&P BSE Sensex slipped 67 points, to 35,570 levels. Tata Steel and Infosys (both down 3%) were the top laggards in the Sensex pack. On the other hand, Reliance Industries was up 4 percent. The broader Nifty50 index hovered around 10,400 levels, down 64 points, or 0.6 percent. The majority of the Nifty sectoral indices were trading in the green. Nifty Bank, Nifty PSU Bank, and Nifty Private Bank indexes were all up over 1 percent each. On the other hand, the Nifty IT index slipped 2 percent. Read more

Tag: update

Download Our App Now!