Fund houses launched 19 new ETFs between April and December 2021
Fund houses launched 19 new ETFs between April and December 2021
Record addition of clients lift shares amid broader market rally
Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.
In the last three sessions, the Sensex has lost 1,844 points, or 3 per cent
Sector-wise, BSE IT, energy, healthcare and FMCG shed as much as 1.69% on Thursday, while power, utilities, metal and realty posted gains
The BSE Sensex has shed 1,844 points from Monday's close ending at 59,464 level today, way below the 60K-mark.
Analysts, however, expect markets to recover from here on as they have reached their key support zones.
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On Wednesday, Infosys was biggest drag among the 30-stocks frontline companies pack, declining by 2.77%
Stock market LIVE: Sector-wise, only Auto, metals and energy stocks were trading higher. Meanwhile, Nifty IT index, down nearly 2 per cent , was still the biggest loser. .
In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively
In a largely range-bound session, the 30-share BSE Sensex ended 85.88 points or 0.14 per cent higher at 61,308.91
In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.
TCS, Infosys, L&T, Tech M, and HDFC Bank were the top gainers on the Sensex today.
The market capitalisation of BSE-listed companies reached another milestone on Thursday, rallying to a fresh all-time high of over Rs 278.15 lakh crore, driven by an ongoing rally in equities. Registering its fifth session of gain on Thursday, the 30-share BSE benchmark jumped 85.26 points or 0.14 per cent to settle at 61,235.30. In five days, the benchmark index has gained 1,633.46 points. The winning momentum has helped the market capitalisation of the BSE-listed companies reach an all-time high of Rs 2,78,15,826.32 crore on Thursday. Investors' wealth also jumped by Rs 7,00,934.44 crore in five days. Tata Steel was the biggest gainer among the 30-share BSE frontline companies' pack with a jump of 6.40 per cent, followed by Sun Pharma, L&T, M&M, Bajaj Finserv and PowerGrid. In the broader market, the BSE small-cap index jumped 0.49 per cent and mid-cap gained 0.38 per cent. "Market is continuing its upward trend with good buying witnessed across mid-cap and small-cap space. .
Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent
Investors were enthused after the US Federal Reserve (Fed) Chair Jerome Powell's statement to the US Congress did not throw up surprises
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices