Benchmark indices shed about 0.6%; RIL, SBI drop by over 2% each
After downgrading Indian equities recently, Morgan Stanley sees emerging markets 'struggling' for returns in calendar year 2022. Here's a report on the brokerage's stance on different countries
TCS rose by 0.83 per cent, while Infosys inched up 0.31 per cent
Gains led by IT, energy and realty stocks support positive sentiment
After a volatile session, the 30-share index ended 477.99 points, or 0.8 per cent higher, at 60,545.61
Stock-specific movement will be seen as the market is heading for the last batch of Q2 earnings
The Sensex ended 257.14 points or 0.43 per cent lower at 59,771.92
According to experts, moving stocks within the key benchmark indices such as the Nifty 50 and the Sensex to the T+1 cycle could prove risky if liquidity dries up and if FPIs halt trades
Benchmark BSE Sensex declined by 109 points on Tuesday due to losses in index major Reliance Industries, Tata Steel and ICICI Bank amid a muted trend in global markets. The 30-share index ended 109.40 points or 0.18 per cent lower at 60,029.06 with 16 of its constituents closing in red. The broader NSE Nifty fell by 40.70 points or 0.23 per cent to 17,888.95 as metal, IT and energy stocks declined. Tata Steel was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tech Mahindra, HCL Tech, IndusInd Bank and Reliance Industries. On the other hand, Maruti, NTPC, Titan, SBI and L&T were among the gainers. Sectorally, BSE metal, energy, basic materials, oil and gas and healthcare indices fell up to 1.93 per cent, while realty, consumer durables and auto index ended with gains. Metal, oil and commodity stocks dragged, fuelled by profit booking while realty, PSU bank and consumer durables made frail attempts at lifting the indices, analysts said. Broader midcap an
The BSE index declined 5.3 per cent from its recent peak of 62,245 to a low of 59,105 in intra-day trades on Friday
Sentiment was further dented with Morgan Stanley becoming the latest foreign brokerage to sound caution on the domestic market
Axis Bank, Dr Reddy's, SBI, M&M, Tech Mahindra, Sun Pharma, and HUL were the other winners, climbing up to 3.45 per cent
The DVRs carry lower voting rights but offer higher dividends
Analysts said the inflationary pressure seen by companies such as HUL and Nestle India have made the Street temper down its earnings growth expectations
Sensex sheds 0.08%, Nifty takes a deeper cut of 0.3% at close; mid-caps see 2% cut
Indian companies have raised $10.8 billion from first-time share sales this year
Another near-term trigger for the stock would be the September quarter performance
The strong numbers posted by Infosys, Wipro, and Mindtree dissipated worries that arose after TCS's results
Equity benchmark Sensex rallied over 350 points in opening trade on Thursday to cross the 61,000-mark for the first time, driven by gains in index heavyweights Infosys, HDFC Bank and Reliance Industries amid a positive trend in global markets. After touching a record of 61,159.48 in the opening session, the 30-share Sensex was trading 356.73 points or 0.59 per cent higher at 61,093.78. Similarly, the Nifty surged 119.75 points or 0.66 per cent to a new intra-day record of 18,281.50. L&T was the top gainer in the Sensex pack, rising around 2 per cent, followed by Infosys, SBI, NTPC, HDFC Bank, Maruti, ITC and Titan. On the other hand, HCL Tech, TCS, M&M, IndusInd Bank and Bajaj Finance were among the laggards. In the previous session, the 30-share index settled 452.74 points or 0.75 per cent higher at 60,737.05, taking its winning run to the fifth consecutive day, and Nifty rallied 169.80 points or 0.94 per cent to 18,161.75. Foreign institutional investors (FIIs) were net ...
The Nifty50 closed at 18,162, up 170 points, or nearly 1%, extending its year-to-date gains to 30%