The indices closed in the red after volatile trade
Defy the odds, with Nifty Smallcap 100 gaining 0.75%
Losses limited amid diplomatic efforts to contain the crisis
As of 10:08 am, the BSE Sensex was trading 0.75 per cent lower a 73,689.27, and the NSE Nifty50 was down by 0.72 per cent at 22,357.25 levels
Gold soars and FPIs sell Rs 8K cr equities
The Narendra Modi-led government has been in power since 2014 and the country has witnessed decisive policies, political stability and economic growth since then
The blue-chip NSE Nifty 50 added 0.49% to 22,753.80 on Wednesday, while the BSE Sensex settled 0.47% higher at 75.038.15, led by metals and energy stocks
But hotter-than-expected US inflation may put brakes on the rally
Stock market updates on Monday, April 8, 2024: In the broader markets, the BSE MidCap and SmallCap indices closed mixed with the former up 0.26 per cent, but the latter down 0.06 per cent
Rally in HDFC Bank, Powell's reassurance buoy sentiment
The broader NSE Nifty declined 18.65 points or 0.08 per cent to 22,434.65, with 30 components of the 50-share benchmark ending with losses
Optimism soars as slowing US inflation sparks Fed rate cut hopes this financial year
Redemption gating, cap on employee withdrawal among measures
Despite the recent selloff, the Nifty Smallcap 100 and the Nifty Midcap 100 indices gained 70 per cent and 60 per cent, respectively
Extending its previous day's rally, the 30-share index jumped 655.04 points or 0.90 per cent to settle at 73,651.35. During the day, it zoomed 1,194 points or 1.63 per cent to 74,190.31
Reliance Industries rose 3.6 per cent to close at Rs 2,984, becoming both the biggest gainer and the biggest contributor to the Sensex and Nifty gains
Smallcap and midcap scheme categories have raked in over Rs 60,000 crore of investor flows in the past one year
Movement in global oil benchmark Brent crude and rupee-dollar trend would also be watched by investors
Stock market highlights on March 22: In the broader markets, too, positive sentiment lifted the BSE MidCap index 0.38 per cent and the BSE SmallCap index 1.06 per cent
The Nifty finished at 22,012, with a gain of 173 points, or 0.8 per cent