Sectorally, the Nifty IT index advanced 2 per cent while the Nifty Auto index tumbled 1.5 per cent
Sky-high valuations and the S&P 500's 100% rally from the pandemic low add to the difficulties facing strategists.
Signs of caution abound, even as U.S. stocks hover near record highs.
A Wall Street brokerage has warned of a 9% near-term correction for the equity market, saying the street has only limited runway to continue the rally that began in the second half of last year
Wall Street opened sharply lower as investors digested data showing U.S. retail sales fell more than expected in July
The Nifty Metal index skidded 2.5 per cent
Even strategists lifting year-end targets warn of bumpy ride
A positive jobs report spurred Wall Street to push some stocks and Treasuries higher on Friday, but investor optimism was tempered by looming inflation, declining Federal Reserve stimulus
US stocks and oil prices rebounded as unemployment claims declined and the trade deficit widened, positive economic data in the face of rising Covid-19 cases and signals of declining Fed stimulus
Amid a steep rally, investors got richer by Rs 2.4 trillion, BSE data showed
Senate unveils $1 trillion infrastructure bill; Square rises on $29 billion Afterpay deal
In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade
Investors sold Amazon stock as the online retailer revenue of $113 billion in the second quarter was $2 billion shy of analysts' forecasts.
Domestic equities witnessed sharp profit booking in the fag end of the session as European stocks slipped in early trade and US stock futures hinted at a muted start on Wall Street later today
Japan reported relatively strong economic data for the previous quarter, before the government began tightening coronavirus restrictions as cases surged.
(Reuters) - Merck & Co reported quarterly revenue on Thursday that topped Wall Street estimates, as sales of its Gardasil vaccine bounced back and demand for blockbuster cancer drug Keytruda remained strong.
Tata Steel (up 6.8 per cent), Bajaj twins, SBI, HCL Tech, and Sun Pharma were the top gainers on the Sensex today
The heavier deal flow has provided an uptick in fees to the banks
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.31 per cent in morning trading
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.35% in early trading