Sensex falls 143 pts, Nifty below 19,400; RIL, Infosys weigh, M&M gains 4%
Closing Bell on November 9, 2023: In the broader markets, the BSE MidCap index added 0.06 per cent, but the BSE SmallCap index slipped 0.27 per cent
 "stock brokers, BSE, NSE, Sensex, Nifty")
Stock market highlights: Benchmark indice ended lower on Thursday, the day of weekly F&O expiry, amid fag-end selling. The S&P BSE Sensex closed the session at 64,832, down 143 points or 0.22 per cent, while the Nifty50 shut shop at 19,395, lower by 48 points or 0.25 per cent.
The losses were led by profit booking in Adani Enterprises (down 1.7 per cent), HUL, Adani Ports, Tech M, Tata Consumer Products, Infosys, ONGC, Bajaj Finance, TCS, Reliance Industries, UPL, Titan Company, and JSW Steel (down 0.8 per cent).
On the upside, M&M, Apollo Hospitals, Coal India, Hero MotoCorp, IndusInd Bank, Power Grid, Tata Motors, Maruti Suzuki, and L&T tried to trim losses by rising between 0.9 per cent and 4.2 per cent.
In the broader markets, the BSE MidCap index added 0.06 per cent, but the BSE SmallCap index slipped 0.27 per cent.
Among sectors, the Nifty Realty index gained over 1 per cent, followed by the Nifty Auto index (up 0.8 per cent). The Nifty Oil & Gas, FMCG, and IT indices, meanwhile, dropped up to 1 per cent.
3:52 PM
Comment :: 'FIIs selling has moderated but inflows continue to be muted'
Reflecting the mixed global sentiments, the Indian market is mired to a range bound trend with the Nifty index not able to breach above the key level of 19,500.
Cues from the Fed Chair's speech have reduced the likelihood of a rate hike in the near term, leading to an ease in US treasury yields and calming the market.
FIIs selling has moderated but inflows continue to be muted on concerns of an elevated interest rate and a global slowdown. Mid- and small caps are back in favour after the recent fall, led by retail activities & good corporate results
Views by: Vinod Nair, Head of Research at Geojit Financial Services
Cues from the Fed Chair's speech have reduced the likelihood of a rate hike in the near term, leading to an ease in US treasury yields and calming the market.
FIIs selling has moderated but inflows continue to be muted on concerns of an elevated interest rate and a global slowdown. Mid- and small caps are back in favour after the recent fall, led by retail activities & good corporate results
Views by: Vinod Nair, Head of Research at Geojit Financial Services
3:43 PM
Currency check :: Rupee ends 1 paise down
3:42 PM
Sectoral trends :: Realty, auto maintain uptrend in weak market
3:41 PM
SmallCap Heatmap :: Index ends 0.27% down; check top gainers and losers
3:40 PM
MidCap Heatmap :: Index up 0.06%; check top gainers and losers of the pack
3:39 PM
Nifty Heatmap :: M&M rallies 4%, Adani Ent falls 2%
3:38 PM
Closing Bell :: Nifty ends below 19,400
3:37 PM
Closing Bell :: Sensex slides over 100 pts
3:30 PM
11% CAGR in 20 yrs: How does gold compare against Nifty 50 during crisis?
“It would be ideal to advise investors to invest in portfolios including both gold and equity. The performance of gold will offset the poor performance of equities during unfavorable macro events or persistently high inflation”," said Naveen KR, smallcase manager and senior Director - Investment Products, Windmill Capital. READ MORE
3:25 PM
Q2 earnings :: Ashok Leyland misses estimates
>> PAT: Rs 560 crore
>> Ebitda: Rs 1,079 crore
>> Ebitda margin: 11.2%
>> Ebitda: Rs 1,079 crore
>> Ebitda margin: 11.2%
Topics : MARKET LIVE MARKET WRAP Markets Q2 results S&P BSE Sensex Nifty50 Indian stock market Indian stock markets Market news Global Markets Gift Nifty Wall Street Tata Power Bhel
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First Published: Nov 09 2023 | 7:51 AM IST