The markets are likely to end this month with notable losses as global cues, FII selling and inflation-related worries weighed on the sentiment. Find out what lies ahead for the markets this week.
The markets are likely to end this month with notable losses as global cues, FII selling and inflation-related worries weighed on the sentiment. Find out what lies ahead for the markets this week.
On a weekly basis, the Sensex climbed 558.27 points or 1.02 per cent, while the Nifty gained 86.30 points or 0.53 per cent
CLOSING BELL: Apollo Hospitals, Tech M, HDFC Life, Hero MotoCorp, IndusInd Bank, Bajaj Finance, Wipro, Infosys, L&T, HUL, and Bajaj Finserv zoomed over 2.5 per cent on the Nifty
On similar lines, the broader NSE Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15
So far this month, the benchmark Sensex and the Nifty indices are down 5 per cent
CLOSING BELL: The S&P BSE Sensex traded in a broad range of 921 points on Thursday as it hit a high and low of 54,346 and 53,425, respectively
CLOSING BELL: The broader markets, meanwhile, bled more with the BSE SmallCap index sliding nearly 3 per cent, and the BSE MidCap index falling close to 2 per cent
CLOSING BELL: On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent
CLOSING BELL: The sharp knock in metal stocks came after he government levied export duty on 11 iron and steel intermediates and key steel products.
Technical analysts say last week's trading range will act as good support and resistance and the next big directional move will depend on which side the index breaks out
China rate cut helps improve sentiment
CLOSING BELL: Dr Reddy's Labs, JSW Steel, Nestle India, Tata Motors, Tata Steel, Cipla, Adani Ports, L&T, RIL, Axis Bank, and SBI led from the front, rallying over 3.5 per cent each
Sensex drops to lowest level since July; FPIs sell shares worth Rs 4,900 cr
CLOSING BELL: The Nifty IT index plunged 6 per cent on the NSE today after global brokerage JPMorgan downgraded the sector to "underweight".
CLOSING BELL: Sectorally, the Nifty Realty and PSU Bank indices were the worst hit as they slipped 1.75 per cent and 1.6 per cent on the NSE
The pharmaceutical giant may witness some impact due to its large exposure of the business to Russia, and CIS regions.
Investor sentiment was seen improving after China, the world's second-largest economy, relaxed lockdowns in Shanghai and reaffirmed support for internet companies
After scaling many new highs, Dalal Street ended the fiscal 2022 with a healthy 18 per cent gains, and ended calendar 2021 with a healthier 24 per cent gains.
Says any easing in global crude, FPI outflow reversal and bottoming of rupee will be positive for market. Key downside risks include higher global inflation and faster rate hikes