Live Blog

MARKET WRAP: Sensex slides 200 pts, Nifty above 12,150; India VIX rises 3%

All that happened in the markets today

SI Reporter New Delhi
BSE, Markets
Photo: Kamlesh Pednekar

2 min read Last Updated : Jan 21 2020 | 4:29 PM IST

4:29 PM

Market Closing Comment :: Shrikant Chouhan, Senior Vice-President, Equity Technical Research, Kotak Securities

On the second consecutive day, Nifty and Sensex ended lower. Benchmark Nifty closed at the day’s lowest level at 12169 and Sensex ended at 41323. IMF has also lowered the growth estimate of India to 4.80% for 2019, which prompted investors to resort to profit-taking.

Except for Nifty media and Small Cap 100 index, other indices closed in negative territory. It is better that the Indian markets are correcting ahead of the Union Budget, which is scheduled on February 1.  Major stocks are correcting to their major support levels that investors should consider as an opportunity to invest with a positional view. Technically, Nifty is having support between 12180 and 12120 levels. Invest in select stocks between the same.

3:41 PM

Nifty snapshot at close

3:41 PM

Sensex heatmap at close

3:40 PM

Closing Bell

>> The S&P BSE Sensex erased 205.10 points, or 0.49 per cent, to settle at 41,323.81 level. Tata Steel, Asian Paints, and Maruti Suzuki were the top laggards at the headline index.

>> On the NSE, the Nifty50 slipped below the psychological level of 12,200 to end at 12,169.65 level, down 54.90 points or 0.45 per cent. 

3:22 PM

Market check | Sensex at day's low

2:59 PM

MARKET UPDATE:: Broader indices continue to outperform benchmarks

2:53 PM

BSE500 stocks that hit 52-week high today

COMPANY PRICE(rs) 52 WK HIGH CHG(rs) CHG(%)
APL APOLLO 1985.00 2020.65 44.30 2.28
BHARTI AIRTEL 513.10 515.00 3.85 0.76
CAN FIN HOMES 459.20 459.90 69.85 17.94
FINE ORGANIC 2206.00 2270.00 -14.55 -0.66
GODFREY PHILLIPS 1440.50 1480.40 26.25 1.86
» More on 52 Week High

2:41 PM

BUZZING STOCK:: Century Textiles up 4%

2:38 PM

Oil update

Oil prices fell nearly 1 per cent on Tuesday as investors expected Libya’s oil production to eventually resume following a force majeure declared by the oil exporter on two major oilfields amid a military blockade.

Brent crude was down 56 cents, or nearly 0.9 per cent, at $64.64 per barrel, after rising to its highest in more than a week on Monday. US West Texas Intermediate crude was down 35 cents, or 0.6 per cent, at $58.19 a barrel.

2:34 PM

STOCK ALERT :: 0.5% equity exchanged

2:32 PM

NEWS ALERT | ED gives fresh date to Tony Fernandes in Air Asia case: sources to CNBC TV18

>> ED has now summoned Tony Fernandes on 5th Feb.

>> Tharumalingam Kanagalingam summoned on 3rd Feb 

2:30 PM

NEWS ALERT | Bhushan Power - JSW Steel IBC case Update

>> ED filed affidavit in NCLAT against JSW Steel's plea seeking immunity

Alert: JSW Steel with a bid of Rs 19,700 cr had emerged as the successful bidder under IBC for Bhushan Power & Steel

2:23 PM

NEWS ALERT | Hindustan Aeronautics to raise working capital limit from Rs 7,300 cr to Rs 12,050 cr: BSE filing

>> Revised cap for issuance of Commercial Papers at Rs 5000 cr

2:18 PM

Rupee check

2:16 PM

Valuation discount brings more comfort to HCL Technologies' investors

A better-than-expected performance on revenue and margins in the December quarter as well as a guidance revision should help HCL Technologies report the best organic growth among large-cap peers in 2019-20 (FY20). The company revised its revenue guidance in constant currency terms for the current financial year to 16.5-17 per cent, from 15-17 per cent indicated earlier. READ MORE

Topics :MARKET WRAPMarkets

First Published: Jan 21 2020 | 7:21 AM IST