CLOSING BELL: Adani Enterprises, Apollo Hospitals, Coal India, Bajaj Auto, UPL, Sun Pharma, Tata Motors, HDFC Life, Ultratech Cement, TCS, and Wipro were the top laggards
Reversing its early gains, the BSE Sensex closed lower by 311.03 points or 0.51 per cent at 60,691.54 as 18 of its scrips declined
Foreign investors seem to have shifted their focus back on the Indian equity markets as they turned net buyers last week with an investment of over Rs 7,600 crore. This came following a net outflow of Rs 3,920 crore by foreign portfolio investors (FPIs) from equities in the preceding week (February 7-12), data with the depositories showed. "As the markets began to recover from the Adani shock, the flows from FPIs also improved, suggesting their renewed interest in the prospects of the Indian equity markets," Himanshu Srivastava, Associate Director - Manager Research at Morningstar India, said. It appears that the sustained selling in India witnessed from early January is over but they might sell again at higher levels, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. As per the data, FPIs have purchased equities worth a net sum of Rs 7,666 crore in the week ended February 17. Given a more stable economy, strong macros and prospects of higher economic
Five of the top 10 valued firms together added Rs 95,337.95 crore in their market valuation last week, with index major Reliance Industries Ltd contributing the most. Last week, the BSE benchmark climbed 319.87 points or 0.52 per cent. While Reliance Industries, ICICI Bank, HDFC, ITC and Bharti Airtel were the gainers from the top-10 pack, Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever and State Bank of India were the laggards. The market valuation of Reliance Industries rallied Rs 70,023.18 crore to Rs 16,50,677.12 crore. ITC's market capitalisation (mcap) jumped Rs 14,834.74 crore to Rs 4,75,767.12 crore. The valuation of ICICI Bank climbed Rs 6,034.51 crore to Rs 6,01,920.14 crore and that of Bharti Airtel advanced Rs 3,288.43 crore to Rs 4,32,763.25 crore. HDFC's mcap gained Rs 1,157.09 crore to Rs 4,92,237.09 crore. However, State Bank of India's valuation eroded by Rs 19,678.77 crore to Rs 4,73,807.64 crore. The mcap of Hindustan Unilever tanked R
CLOSING BELL: The NSE Nifty 50 slipped 92 points to settle at 17,944. L&T, Hero MotoCorp, UltraTech Cement bucked the trend, while Adani Group shares ended mixed on Friday.
Extending gains for a second day, the 30-share BSE Sensex advanced 242.83 points or 0.40 per cent to close at 61,275.09
The BSE benchmark Sensex surged 600 points on Tuesday, propelled by market heavyweight RIL, ITC, banking and IT shares amid positive global cues. Sliding crude oil prices in the international markets and buying by foreign investors also bolstered sentiment, traders said. The 30-share BSE Sensex ended 600.42 points or 0.99 per cent higher at 61,032.26. During the session, the index witnessed a high of 61,102.74 and a low of 60,550.25. The broader NSE Nifty surged 158.95 points or 0.89 per cent to finish at 17,929.85. ITC topped the Sensex gainers' chart with a jump of 3.31 per cent, followed by Reliance Industries, Bajaj Finance, ICICI Bank, Infosys, Axis Bank and Wipro. On the other hand, NTPC, UltraTech Cement, L&T, Sun Pharma, Asian Paints and Maruti were among the major laggards, shedding as much as 1.10 per cent. "Domestic indices edged higher, inspired by their global counterparts, as investors await the US inflation numbers today. The whammy over India's retail inflation ..
Equity benchmark Sensex declined around 251 points on Monday, pressured by heavy selling in IT and bank stocks amid a mixed trend overseas. A weak rupee further weighed on sentiment, traders said. Sliding for the second straight session, the 30-share BSE Sensex ended 250.86 points or 0.41 per cent lower at 60,431.84. During the session, the index touched a high of 60,740.95 and a low of 60,245.05. On similar lines, the broader NSE Nifty dropped 85.60 points or 0.48 per cent to finish at 17,770.90. SBI was the biggest loser in the Sensex pack, tumbling 2.83 per cent, followed by Infosys, TCS, Bajaj Finance, Tech Mahindra, Wipro and Axis Bank. In contrast, Titan, L&T, NTPC, Power Grid, Sun Pharma, ITC and HDFC twins were among the prominent winners, rising as much as 1.97 per cent. In the broader market, the BSE midcap and smallcap indices dropped up to 1.25 per cent. Elsewhere in Asia, markets in Tokyo, Hong Kong and Seoul closed in the red, while Shanghai settled higher. Equity
Earlier in November 2022, Morgan Stanley had reiterated its stance on the Indian markets and said that the bull-run remained intact. Back then, they expected the Sensex to hit 80,000 levels by Dec '23
Equity benchmark Sensex declined 123 points on Friday due to selling pressure in metal and energy stocks amid a bearish trend in global equity markets. Rising crude prices and continued selling by foreign investors also weighed on market sentiment, traders said. Snapping its two-day gaining streak, the 30-share BSE Sensex ended 123.52 points or 0.20 per cent lower at 60,682.70. During the session, the index touched a high of 60,774.14 and a low of 60,501.74. The broader NSE Nifty slipped 36.95 points or 0.21 per cent to finish at 17,856.50. HCL Tech was the biggest loser on the Sensex chart, shedding 2.79 per cent, followed by Tata Steel, ICICI Bank, Reliance Industries, ITC, Wipro, Infosys and M&M. In contrast, Tata Motors, L&T, Bharti Airtel, HDFC Bank and SBI were among the winners, climbing up to 2.05 per cent. In the broader market, the BSE midcap gauge rose 0.04 per cent, and the smallcap index gained 0.48 per cent. Elsewhere in Asia, markets in Shanghai and Hong Kong ...
CLOSING BELL: HCL Tech (down 2.7 per cent), Tata Steel, Reliance Industries, Wipro, ITC, ICICI Bank, Infosys, and HUL were top Sensex losers
CLOSING BELL: Adani Enterprises, Adani Ports, Hero MotoCorp, Cipla, JSW Steel, Bharti Airtel, Sun Pharma, UPL, Ultratech Cement, HDFC, Bajaj Auto, and Tata Motors fell over half a per cent to 11%
CLOSING BELL: Adani Enterprises surged 23 per cent, while Adani Ports zoomed 9 per cent, leading the winners' list on the Nifty50
CLOSING BELL: Adani Enterprises (up 15 per cent), Dr Reddy's Labs, Adani Ports, Kotak Bank, IndusInd Bank, Bajaj Finance, Bajaj Auto, ONGC, JSW Steel, and Eicher Motors led the recovery
CLOSING BELL: Among sectors, the Nifty Metal index fell 2.2 per cent, followed by the Nifty IT index (down 0.6 per cent), and the Nifty Bank index (down 0.3 per cent)
Adani Ent shares end 2.2% lower after recovering 50% from day's low
Advisors remain in favour of Nifty despite its recent underperformance to the Sensex
The other major winners included IndusInd Bank, Hindustan Unilever, Infosys, Wipro, HCL Technologies, Tata Consultancy Services and ICICI Bank
Nifty fall over 2% from day's high to end in red
Britannia outperformed peers as shares surged 12 per cent in Q3FY23, whereas peers like Hindustan Unilever (HUL), Dabur India, ITC, and Tata Consumer declined up to 5 per cent, during the same period