Investors' wealth tumbled more than Rs 5.59 lakh crore in three days of market fall as sentiments remained muted amid the Russia-Ukraine conflict and its impact on the global economy. Continuing its decline for the third day on Friday, the BSE gauge plummeted 1,214.96 points or 2.20 per cent to 53,887.72 during the day. It settled at 54,333.81, a decline of 768.87 points or 1.40 per cent. In three days, the benchmark index tanked 1,913.47 points or 3.40 per cent. Tracking decline in equities, the market capitalisation of BSE-listed companies plunged Rs 5,59,623.71 crore to Rs 2,46,79,421.38 crore in three days. "Markets ended the week with a sharp cut, reflecting the feeble global sentiment. After the sharp reaction in early trade, the benchmark oscillated in the broader range to finally settle around the day's low," Ajit Mishra, vice-president (research) of Religare Broking Ltd, said. In Friday's trade, Titan, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra and Hindustan .
The 10 most active securities during Feb 2022 were Reliance Industries, HDFC, Cipla, Tata Power, Adani Wilmar, Vodafone Idea Ltd, Tata Consultancy Services (TCS), Adani Power, Tata Motors and Infosys
Closing Bell: Hindalco (up over 7 per cent), Tata Steel, Power Grid, JSW Steel, Coal India, BPCL, Titan Company, RIL, and Indian Oil Corporation were the biggest large-cap gainers on the bourses today
CLOSING BELL: Sectorally, the Nifty Realty and PSB indices logged the sharpest rebound today with 5 per cent gain each on the NSE
Out of the 3,104 stocks traded, as many as 2,439 scrips advanced, while 570 declined in the morning trade, as per BSE data.
India To Start with T+1 stock settlement from February 25, which means that trade-related settlements must be done within one day of the transaction's completion.
The Sensex crashed over 2,700 points on Thursday -- its biggest single-day plunge in about two years -- in lockstep with a severe sell-off in global markets after Russia launched a full-scale invasion of Ukraine, plunging Europe into its biggest crisis since the Second World War. The 30-share BSE gauge plummeted about 2,850 points during the session before closing at 54,529.91, registering a massive fall of 2,702.15 points or 4.72 per cent. This was its biggest decline since March 23, 2020, and the fourth-worst fall ever in absolute terms. Likewise, the NSE barometer Nifty nosedived 815.30 points or 4.78 per cent to end at 16,247.95. This was also the seventh straight session of decline for both the key indices. On the Sensex chart, all 30 shares suffered heavy losses, with IndusInd Bank tumbling the most at 7.88 per cent, followed by M&M, Bajaj Finance, Axis Bank, Tech Mahindra and Maruti. Investors were poorer by about Rs 13 lakh crore, with the market capitalisation of ...
Closing Bell: Benchmark indices clocked their biggest one-day fall since March 2020 as Russia invaded Ukraine, rattling global markets
Closing Bell: The frontline S&P BSE Sensex fell 69 points to settle at 57,232 levels while the Nifty50 shut shop at 17,063 down 29 points
Adani Enterprises Ltd on Wednesday announced divestment of its entire stake in DC Development Hyderabad Pvt Ltd and Naida Data Center (NDCL) to AdaniConnex Pvt Ltd. Consequently, DC Development Hyderabad and NDCL have ceased to be wholly-owned subsidiaries of the company, Adani Enterprises said in a filing to BSE. "The company has divested its 100 per cent stake in DC Development Hyderabad Private Ltd and Naida Data Center Ltd, wholly owned subsidiary (WoS) companies on 22nd February, 2022 to AdaniConnex Private Limited," the filing said. AdaniConnex is 50 per cent joint venture company of AEL with EdgeConneX Europe B.V.
As per block deal data on BSE, Societe Generale sold nearly 71 lakh shares at an average price of Rs 2,436.8 apiece
Stock market LIVE: The broader markets were also deep in red with the BSE MidCap and SmallCap indices trading down up to1.5 per cent.
Its net profit jumped 101% to Rs 3,447 crore in Dec 2021 and net sales rose 69%
Closing Bell: Hindalco, UPL, Sun Pharma, Adani Ports, Divis Labs, and TCS were the top drags, down up to 3.45 per cent
In the ranking of top-10 firms, RIL retained its number one position, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, SBI, HDFC, Bajaj Finance and Bharti Airtel.
On the sectoral front, key indices ended in the negative zone led by the Nifty Realty index (down 1.2 per cent) and the Nifty Pharma index (down 0.8 per cent).
HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today
Bajaj Finance on Tuesday beat mortgage lender HDFC in terms of market capitalisation (m-cap) to become the eighth-most valued stock on the BSE
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