Tag: us futures

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 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 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

US futures fall over 1% due to growth worries amid Covid

Monday, September 20, 2021
U.S. stock index futures fell 1% today (20th Sept.2021), as investors worried about rising COVID-19 cases and the pace of economic growth at the start of a week in which the Federal Reserve will decide on potentially tapering its massive pandemic-era stimulus. Futures tracking the blue-chip Dow index, which mainly comprises stocks reliant on a steady economic recovery, were down 1.5% by 04:31 a.m. ET. Wall Street's main indexes have been hurt this month by fears of potentially higher corporate tax rates denting earnings and have shrugged off signs inflation might have peaked. The benchmark S&P 500 is on track to snap a seven-month gaining streak. All eyes on Wednesday(22nd Sept.) will be on the Fed's policy meeting, where the central bank is expected to lay the groundwork for a tapering, although the consensus is for an actual announcement to be delayed until November or December meetings. Read more