Stock Market Updates

Posted By: Vanshika Pathak Posted On: Aug 28, 2023

Indian indices opened on a positive note on August 28 amid supporting global cues. The Sensex was up 147.86 points or 0.23 per cent at 65,034.37, and the Nifty was up 53.00 points or 0.28 per cent at 19,318.80. About 1745 shares advanced, 523 shares declined, and 165 shares unchanged.

Adani Enterprises, Adani Ports, L&T, Cipla and BPCL were among major gainers on the Nifty, while losers were Britannia Industries, Nestle India, HUL, Divis Labs and Bajaj Finance.

The strength spread to broader indices as well, with Nifty Midcap 100 and Nifty Smallcap 100 surging up to 0.7 per cent.

Barring Nifty FMCG index that slipped in red, all other sectors swimmed in the sea of green. Nifty Media emerged as the top sectoral performer, rising up to 1 per cent.

Among individual stocks, shares of Reliance Industries were flat ahead of 46th annual general meeting (AGM).

Besides, shares of Garden Reach slipped 3 per cent after it signed memorandum of understanding (MoU) with DEMPO Group.

Source: News18
Related Posts: SENSEX

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Stock Market Updates

Posted By: Aditya Gogoi Posted On: Sep 18, 2023

Sensex Today: The S&P BSE Sensex was down over 250 points at 67,570 in opening deals on Monday. The NSE Nifty 50 was seen hovering around the 20,150 level, down over 50 points.

Shares of private lender Dhanlaxmi Bank dropped 9.2 per cent on Monday, after Independent Director Sridhar Kalyanasundaram quit over the weekend, citing differences with the board on matters including the bank's rights issue and capital position.

Broader indices, were mixed, the BSE MidCap index was more-or-less unmoved, while the SmallCap index was up 0.2 per cent.

Among individual stocks, Reliance Industries, Bharti Airtel and the IT pack were the major laggards so far.

Global Cues

On Friday, the US market ended with significant losses as Treasury yields rose another 3 bps to 4.32 per cent ahead of the Fed meeting. Dow Jone slipped 0.8 per cent, while the S&P 500 and Nasdaq cracked 1.2 per cent and 1.6 per cent, respectively.

Asian shares started cautiously on Monday in a week packed with central bank meetings that include the Federal Reserve and the Bank of Japan, which will be closely scrutinised for the global interest rate outlook.

The US dollar and most major currencies were flatlining in early trades on Monday, barring a blip in sterling, as a Japanese holiday and a bunch of upcoming central bank meetings sucked the air out of markets.

Source: News18
Related Posts: SENSEX

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Stock Market Live Updates

Posted By: Vanshika Pathak Posted On: Sep 04, 2023

Sensex Today: Domestic markets had a positive start on Monday morning. The benchmark S&P BSE Sensex was hovering at 65,585 levels in early deals, rising 198 points or 0.3 per cent. The Nifty50, meanwhile, was quoting at 19,503, up 68 points or 0.35 per cent.

Jio Financial Services, Tata Steel, Hinddalco, Eicher Motors, L&T, JSW Steel, Ultratech Cement, Adani Ports, Tech M, NTPC, and Coal India were the top large-cap winners on the benchmark indices as they advanced up to 3 per cent.

In the broader markets, the bulls maintained their grip with the BSE MidCap and Smallcap indices adding 0.58 per cent and 0.94 per cent, respectively.

Among sectors, the Nifty Metal Index hit record high of 6,967.80, rising over 1.5 per cent in early trades. All other indices were swimming in a sea of greeen as well with the Nifty PSU Bank and Realty indices up 0.7 per cent each, followed by the Nifty Auto index (up 0.4 per cent).

Global Cue

Globally, Asia-Pacific markets were mixed as investors look to key data from Australia (interest rate decision) and China (trade data) later in the week.

In Australia, the S&P/ASX 200 started the week up 0.37 per cent, while Japan's Nikkei 225 also climbed 0.12 per cent. South Korea's Kospi gained 0.21 per cent, and Hong Kong's Hang Seng was up over 1 per cent.

Last Friday, the three major indices in the US ended mixed as traders weighed the latest US jobs report, which showed that unemployment ticked higher to 3.8 per cent in August, reaching its highest level in more than a year.

The Dow Jones Industrial Average rose 0.33 per cent, while the S&P 500 added roughly 0.18 per cent. The Nasdaq Composite inched down 0.02 per cent.

Wall Street is closed today on account of Labour Day holiday.

Source: News18
Related Posts: SENSEX

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Stock Market Updates

Posted By: Ajay Rawat Posted On: Aug 17, 2023

Sensex Today: Sensex and Nifty on Thursday started on a weak note as a hawkish undertone from the US Fed's FOMC minutes.

Global Cues

Tokyo shares opened lower on Thursday following losses on Wall Street as US Treasury bond yields surged to multi-year peaks.The benchmark Nikkei 225 index fell 0.46 percent, or 144.84 points, to 31,621.98, while the broader Topix index slipped 0.37 percent, or 8.33 points, to 2,252.51.

Wall Street ended lower on Wednesday after the Federal Reserve's minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting.

Oil prices fell in early trade on Thursday, extending losses to a fourth consecutive session on fears of slowing growth in China and possible further U.S. interest rate hikes weakening fuel demand in the world's two biggest economies. Brent crude futures fell 37 cents, or 0.44%, to $83.08 a barrel, while U.S. West Texas Intermediate crude (WTI) was down 39 cents, or 0.49%, to $78.99 a barrel at 0038 GMT.

Source: News18
Related Posts: SENSEX

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Stocks Market Updates

Posted By: Jaydatt Chaudhary Posted On: Jul 25, 2023

Sensex Today: Equity benchmark indices opened with tepid gains on Tuesday as global markets remained on sidelines ahead of the US Fed's monetary policy decision this week. The BSE Sensex rose 50 points to 66,458, and the NSE Nifty50 gained 30 points to 19,700.

Tata Motors, JSW Steel, Ultratech, Power Grid, M&M, Bajaj Finance led gains on the Sensex, while Cipla and Hero Moto were the top Nifty winners.

On the flip side, ITC, Infy, Asian Paints, Wipro, HUL and RIL were the top frontline drags.

Source: News18
Related Posts: SENSEX

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Stock Market Updates

Posted By: Preeti Dabar Posted On: Jul 24, 2023

Sensex Today: Domestic markets exhibited a flat trend in Monday's trading session, amidst mixed global cues.

Frontline indices the S&P BSE Sensex quoted 66,628 levels, down over 50 points and Nifty50 was flat below 19,750 levels.

Broader markets, however, outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 indices gained up to 0.6 per cent. India's volatility gauge, India VIX, meanwhile, jumped 2 per cent.

Sectorally, Nifty PSU Bank index emerged as the sectoral winner, whereas Nifty Oil and Gas index was the sectoral laggard.

Source: News18
Related Posts: SENSEX,NIFTY

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