The Indian market witnessed the biggest single day fall in over 4 years on Tuesday as the actual election results significantly deviated from the exit polls as well as expectations of market participants. The S&P BSE Sensex plunged over 4000 points while the Nifty50 closed below 22,000 to record its biggest single-session fall in over … Read more
The Indian market closed in the red for the fourth straight session on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 600 points while the Nifty50 was down 183 points to close at 22,704. Sectorally, buying was seen in utilities, power, healthcare, and telecom stocks while IT, oil & gas and banks … Read more
The Indian market hit a fresh record high on Thursday amid short covering following RBI’s record dividend payout to the government that could lead to better fiscal position and softer bond yields. The S&P BSE Sensex rose nearly 1,200 points to hit a record high of 75,499 while the Nifty50 closed at 22,967. “There was … Read more
Continuing the positive momentum for the third straight day in sync with global markets, the Indian stock market on Saturday opened on a positive note with Sensex reclaiming the 74,000 level and Nifty crossing the 22,500 mark. Volumes are expected to be low in the market on Saturday as it is a special trading day … Read more
The Indian market snapped a 3-day winning streak to close in the red on Wednesday, tracking muted global cues. The S&P BSE Sensex fell more than 100 points while the Nifty50 managed to hold on to 22,200 levels towards the close of the trade. Sectorally, buying was seen in the public sector, power, and capital … Read more
The Indian market fell for the third straight day as traders preferred to book profits amid expensive valuations. The S&P BSE Sensex fell nearly 400 points while the Nifty50 managed to hold on to 22,300 levels. “Despite positive global cues, the domestic market continued to consolidate. The domestic market is witnessing profit booking due to … Read more
The Indian market recouped losses and closed in the green on Thursday. The S&P BSE Sensex rose over 100 points while the Nifty50 closed above 22,600 levels. Sectorally, the rally was seen in power and utilities indices, which were up over 1% each, followed by gains in auto and metal stocks. Some profit taking was … Read more
The Indian market rallied nearly 1% on Monday, tracking positive global cues. The S&P BSE Sensex rose over 900 points while the Nifty50 closed with gains of over 200 points. Sectoraly, buying was seen in utilities, public sector and banks while realty stocks saw selling pressure. Stocks that were in focus include names like Supreme … Read more
Indian market recouped morning losses and closed flat on Wednesday with a negative bias. The S&P BSE Sensex was down 27 points while the Nifty50 held on to 22400 levels. Sectorally, buying was seen in utilities, power, public sector and IT stocks while selling was seen in realty, auto, and FMCG. Stocks that were in … Read more
Indian market closed in the green for the fifth consecutive day on Monday, tracking positive global cues. The S&P BSE Sensex rose nearly 300 points while the Nifty50 closed above 22,100 levels. Sectorally, buying was seen in consumer durables, telecom, power, and FMCG stocks while metal, capital goods, and realty stocks saw some selling pressure. … Read more
