Tag: weak global

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 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 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 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 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

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 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: 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 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 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 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: 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

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: 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 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

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

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.

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 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

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 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 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 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.

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 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

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 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 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

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

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

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 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 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

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 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 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 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: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 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

Closing Bell: Sensex tumbled 554 points to end the day at 60,755 and Nifty closed at 18,113, down 195 points

Tuesday, January 18, 2022
Equity markets turned sharply lower in the fag-end of the session as weak global cues gave ammunition to the bears on Dalal Street. The 10-year US Treasury yield jumped to its highest point in two years, topping 1.83 percent. The yield on the Indian 10-year bond, however, was down 0.2 percent at 6.6 percent. Nonetheless, the move indicates that global investors are preparing for the possibility of more aggressive tightening by the Federal Reserve. Meanwhile, in the commodity market, international benchmark Brent crude futures rose 1.6 percent to $87.89 a barrel, while US West Texas Intermediate futures jumped more than 2 percent to hit $85.56. Both oil contracts notched their highest level since October 2014. Read more

Closing Bell: BSE Sensex at 61,223, down 12 points and NSE Nifty ended 2 points down at 18,256 level

Friday, January 14, 2022
The day ended around a flat line today(14th January 2022) as benchmark indices staged a smart-recovery during the second half of the trading session, led by healthy buying in metal and PSU bank stocks. The markets, however, snapped their five-day winning run and ended lower amid weak global cues. The BSE Sensex index opened gap-down and hit a low of 60,757 in early deals today. It staged a smart come-back and bounced 567 points intraday to hit a high of 61,324.5. However, losses in private banks and select heavyweights such as HUL and Bharti Airtel held it from ending in the green zone. By the close, the BSE 30-pack index stood at 61,223, down 12 points or 0.02 percent. Following a similar trajectory, the NSE Nifty hit a low of 18,120 in early deals but recouped losses to hit a high of 18,287. It, eventually, pared gains and ended 2 points down at 18,256 level. Read more

MARKET UPDATE:Sensex down 394 points at 58,732 and Nifty down 110 points at 17,508

Friday, October 1, 2021
The Indian benchmark indices opened lower today(1st October 2021) tracking weak global cues. The Sensex was down 394 points at 58,732. The Nifty, meanwhile, was down 110 points at 17,508. The broader indices were trading mixed with the Nifty Midcap 50 falling 0.3 percent, and the Nifty Smallcap 100 up 0.1 percent. The risk-off in equity markets has gathered momentum with sharp cuts in the US market. The Dow and S&P500 are now more than 5% off from their record highs. Markets, globally, have turned weak. In India too there are indications of a correction. The leader of this rally, IT, is showing signs of exhaustion. Read more

MARKET UPDATE:BSE Sensex rose 265 points to 58,710 while Nifty added 58 points to trade above 17,450 levels

Tuesday, September 21, 2021
The Indian benchmark indices today(21st Sept.2021) rose, defying the weak global market sentiment, tracking gains in IT majors and Reliance Industries. The BSE Sensex rose 265 points to 58,710 while the NSE Nifty added 58 points to trade above 17,450 levels. HCL Tech, Tech Mahindra, TCS, and Asian Paints were among the top gainers in the Sensex pack of stocks. On the other hand, Nestle, Maruti, and Ultratech Cement were the only losers. The broader indices traded in tandem with the benchmarks. The BSE Midcap index added 0.31 percent and the BSE Smallcap 0.25 percent.

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

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