Weightage-wise, Reliance Industries, ICICI Bank, HDFC Bank, HDFC, Infosys, Axis Bank, ITC, and SBI were responsible for 600 points cut in the Sensex
India, as well as the global markets, rebounded sharply from Covid-19 lows logged on March 23, 2020
Sectorally, the Nifty PSU Bank index emerged as the winner with 3 per cent gains by close. The other two banking indices too settled 1.7 per cent higher each
IndusInd Bank, Power Grid, ICICI Bank, Tata Motors, HDFC Bank, Reliance Industries, and Axis Bank, down up to 4 per cent, were the top laggards on both the benchmarks
According to analysts, domestic equities are attractive for foreign investors due to the higher returns. Also a rejig in some of the global indices has led to net inflows into domestic equities
Mood on D Street changed after Moody's Analytics said India's economy is likely to grow by 12 per cent in CY2021 following a 7.1 per cent contraction last year
HCL Tech, Infosys, Dr Reddy's Labs, NTPC, TCS, Reliance Industries, and Tech Mahindra, all down between 2 per cent and 3.5 per cent, were the top losers on the Sensex
Broader markets, meanwhile, remained better placed. The S&P BSE MidCap and SmallCap indices each ended around 0.4 per cent higher
Reliance Industries, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance, L&T, Axis Bank, Infosys, and Asian Paints, down between 0.6 per cent and 3 per cent, dragged the indices lower today
Craftsman Automation, Laxmi Organics Industries, Suryoday Small Finance Bank, Kalyan Jewellers India, Nazara Technologies are the five companies to launch their IPOs
The dollar index climbing above 92 and firmness in US 10-year bond yield impacted sentiments which may be seen as profit-booking since FPIs are sitting on huge profits, says an analyst
RIL and SBI were the only two companies from the top-10 list that witnessed erosion from their market capitalisation for the week ended Friday
Updates on COVID-19 situation and related news will also remain on participants' radars, says an analyst
The 30-share BSE index was trading 503.28 points or 0.98 per cent higher at 51,782.79, and the broader NSE Nifty was quoting 144.35 points or 0.95 per cent up at 15,319.15
Data shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent
'While the economic recovery momentum is good, we believe equity markets in India are beginning to appear stretched on valuations,' says Sunil Tirumalai of UBS
Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).
The broader markets were under pressure today with the S&P BSE MidCap and SmallCap indices closing 0.6 per cent and 0.4 per cent down, respectively
Trends among sectoral indices remained muted with the Nifty PSU Bank, Metal, and IT indices ending up to 1.5 per cent higher on the NSE.
Overseas investors pulled out a net Rs 881 cr from equities and Rs 4,275 cr from the debt segment between March 1-5, taking the total net withdrawals to Rs 5,156 cr