Sensex ends marginally lower, Nifty holds 11000 as investors await Budget
All that happened in the market today
 "MARKET LIVE: Sensex, Nifty, Budget 2018, Wall street, Asian stocks")
The Sensex and Nifty edged lower for a second straight session on Wednesday, tracking Asian peers, as caution crept into the markets ahead of the federal budget, due on Thursday.
Asian stocks were also down as the recent rise in global bond yields weighed on equities, with MSCI’s broadest index of Asia-Pacific shares outside Japan edging 0.2% lower.
Indian markets have been on a record-hitting spree in recent weeks, driven by liquidity, better-than-expected corporate earnings, and a positive economic growth forecast.
However, on Tuesday, they had their second biggest fall for the month with investors turning net sellers on caution ahead of the federal budget.
3:39 PM
Metals crack
3:36 PM
Sectoral Trend
3:35 PM
Sensex top gainers and losers
3:33 PM
Markets at close
The Sensex and Nifty ended lower for a second straight session on Wednesday, tracking Asian peers, as caution crept into the markets ahead of the federal budget, due on Thursday.
The S&P BSE Sensex ended at 35,965, up 68 points while the broader Nifty50 index settled at 11,027, up 21 points.
3:21 PM
HDFC Securities Report on SBI Life Insurance
PAT for the quarter was up 21% at Rs 2.3 billion despite business strain on strong growth. We upgrade our margin assumption resulting in VNB increasing by 4.6/5.5% for FY18/19 and tweak APE growth assumptions also. We continue to like SBI Life due to strong distribution footprint of its parent SBI along with industry tailwinds from financialisation of savings. We maintain BUY with a target price of Rs 840.
3:11 PM
Budget 2018: India Inc wants GST reforms, friendly-business policies
Tabled in Parliament on Monday by Finance Minister Arun Jaitley, the Economic Survey has estimated that the Indian economy will grow by 7-7.5% in 2018-19, re-establishing India as the world's fastest-growing major economy.
Every budget rides high on the expectations of taxpayers and the finance minister has a challenging task of balancing tax cuts and increased revenues and here's what India Inc expects from Budget 2018. READ MORE
3:02 PM
Good news on earnings: Early corporate results point to recovery
An analysis of the third quarter results (October-December 2017) of some 385 companies suggests that corporate growth has rebounded to an appreciable extent even if allowance is made for the low base created by the demonetisation of November 2016 as well as the patchy implementation of the goods and services tax. Sales have grown a commendable 12.8%, while other income rose 28%. READ MORE
2:45 PM
Vakrangee declines for third straight day; stock tanks 20%
Shares of Vakrangee were locked in lower circuit of 20% at Rs 336, extending their past two days decline on the BSE, on heavy volumes.
In the past three trading days, the stock has tanked 33% from Rs 505 on Thursday, January 25, 2018, as compared to a marginal 0.36% decline in the S&P BSE Sensex. READ MORE
2:29 PM
Markets check
| Index | Current | Pt. Change | % Change |
| S&P BSE SENSEX | 35,852.70 | -181.03 | -0.50 |
| S&P BSE SENSEX 50 | 11,475.37 | -53.23 | -0.46 |
| S&P BSE SENSEX Next 50 | 35,672.45 | -653.40 | -1.80 |
| S&P BSE 100 | 11,385.68 | -77.18 | -0.67 |
| S&P BSE Bharat 22 Index | 3,828.44 | -39.21 | -1.01 |
2:15 PM
Sectoral trend
Topics :
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jan 31 2018 | 2:40 PM IST