Page 79 - Latest Updates on Sensex
Covid-induced market correction to likely continue: Credit Suisse Wealth
Foresees further profit booking in coming weeks; advises investors to look at market corrections as a buying opportunity from a 6- to 9-month perspective
 "Covid-induced market correction to likely continue: Credit Suisse Wealth")
March 2020 lows biggest turning point for Indian markets: Jhunjhunwala
Says current crisis is a temporary blip and India is poised for a long bull market
 "March 2020 lows biggest turning point for Indian markets: Jhunjhunwala")
Localised lockdowns weigh; Sensex declines 244 points amid volatility
The broader markets, however, managed to duck the bear onslaught and supported the overall market breadth
 "Localised lockdowns weigh; Sensex declines 244 points amid volatility")
Correction may not be deep or extended: Kotak Institutional Equities CEO
In a Q&A, Pratik Gupta, CEO & Co-Head, says despite several near-term headwinds, India offers relatively stronger long-term growth and returns prospects
 "Correction may not be deep or extended: Kotak Institutional Equities CEO")
'Disconnect between markets and the reality of on-ground Covid situation'
Given the weak domestic cues, leading experts see more volatility over the next few sessions
 "'Disconnect between markets and the reality of on-ground Covid situation'")
Investors lose Rs 3.6 trillion as Sensex falls 883 pts on Covid-19 woes
The Nifty Pharma index was the only index that ended in thee green, up 0.17 per cent
 "Investors lose Rs 3.6 trillion as Sensex falls 883 pts on Covid-19 woes")
Fag-end buying lifts Sensex 260 pts, Nifty tops 14,550; Infosys dips 2.5%
Overall, the Nifty Bank, Pharma, Metal, IT, Financial Services, and Private Bank indices ended up to 1.4 per cent higher
 "Fag-end buying lifts Sensex 260 pts, Nifty tops 14,550; Infosys dips 2.5%")
Change in tax structure prompted India Inc to favour buybacks again in FY21
In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year
 "Change in tax structure prompted India Inc to favour buybacks again in FY21")
Financial, RIL drive Sensex 661 pts up; Nifty tops 14,500; TCS falls 4%
The Nifty Bank, Private Bank, Financial Services, Metal, and Realty indices gained between 3 per cent and 4 per cent.
 "Financial, RIL drive Sensex 661 pts up; Nifty tops 14,500; TCS falls 4%")
Investors look for bargain hunts as markets crash, brokers advise caution
On Monday, banking, media, realty, metal and auto stocks fell the most, with the Bank Nifty falling as much as 5.1 per cent per cent
 "Investors look for bargain hunts as markets crash, brokers advise caution")
Second Covid-19 wave hits investors; Sensex tanks 1,708 pts, ends below 48K
Broader markets, on the other hand, faced an even severe blow with the S&P BSE MidCap and SmallCap indices dropping 5 per cent each
 "Second Covid-19 wave hits investors; Sensex tanks 1,708 pts, ends below 48K")
Sensex dips 155 pts as record Covid cases weigh on indices; pharma stks up
Trends in the broader markets were mixed as the S&P BSE SmallCap index closed 0.7 per cent higher while the S&P BSE MidCap index dipped 0.07 per cent.
Nomura sees Nifty at 15,340 by March'22; sees risks to FII flows in FY22
Markets, Nomura believes, are dealing with three headwinds - the resurgence of Covid-19 cases; inflationary pressure with the rise in commodity prices; and rich valuations
 "Nomura sees Nifty at 15,340 by March'22; sees risks to FII flows in FY22")
Sensex gains 84 pts as metal, IT stocks shine; broader markets outperform
The Nifty PSU Bank and Bank indices shed 0.8 per cent and 0.6 per cent, respectively today while the Nifty Private Bank and Financial Services indices slipped 0.6 per cent and 0.3 per cent
 "Sensex gains 84 pts as metal, IT stocks shine; broader markets outperform")
Investors bet on FMCG, pharma amid Covid-led restrictions; Sensex up 42 pts
The broader markets, however, braved the volatility and settled higher. The S&P BSE MidCap and SmallCap indices added 1 per cent and 0.8 per cent, respectively by close.
 "Investors bet on FMCG, pharma amid Covid-led restrictions; Sensex up 42 pts")
Key factors that led to a market crash on Monday
The selling in the market was mostly broad-based, with only stocks from the information technology (IT) sector managing to hold their head above water
 "Key factors that led to a market crash on Monday")
Sensex starts FY22 with a 521-pt gain, ends above 50K; Metals, PSBs shine
The overall market breadth was in the ratio of 1:3 in the favour of advances
Investor wealth jumps over Rs 6 trillion in two days of market rally
The 30-share BSE index on Tuesday closed at 50,136.58, an increase of 1,128.08 points or 2.30 per cent
Bulls ride on IT, metal stocks to drive Sensex 1,128 pts higher at 50,136
The Sensex index settled above the 50,000-mark for the first time since March 23
'Markets are pricing in quite a strong earnings revival'
Metals and mining, cement, infrastructure, industrials etc. are expected to perform well in March quarter earnings, Kumar said
 "'Markets are pricing in quite a strong earnings revival'")