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[ad_1] Last Updated: October 20, 2023, 09:32 IST Sensex Today: Equity benchmark indices opened with cuts on Friday as crude oil prices and bond yields in the US continued to move higher. In line with other Asian peers, the BSE Sensex fell 270 points to 65,352, and the NSE Nifty50 slipped 90 points to 19,535. This weakness comes after Fed Chief Jerome Powell said rates are not too high currently, sending US 10-year treasury yield to 5 per cent, the first time since July 20, 2007. On the Sensex, Ultratech Cement and Tata Motors rose up to 1.2 per cent, while Adani Enterprises led gains on Nifty. Other frontline stocks sat in red, with highest losses in HUL, ITC, Bajaj Finance, Asian Paints, Power Grid and HCL Tech. The BSE MidCap index was down 0.14 per cent but the SmallCap index rose 0.32 per cent. Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said: “The US 10-year yield hovering around 5% continues to be a headwind for equity markets. The volatil...

[ad_1] Last Updated: March 10, 2023, 15:56 IST Sensex Today:  The market continued to witness a sell-off on March 10 as the equity benchmarks lost another 1 percent in the second consecutive session amid growing concern over an aggressive rate hike by the US Fed going ahead. The S&P BSE Sensex crashed 671 points, or 1.12 per cent, to close at 59,135. The Nifty50, meanwhile, gave up the 17,450-mark to end at 17,413, falling 177 points or 1 per cent. These indices hit intra-day lows of 58,885, and 17,324, respectively. Financial stocks were the worst hit today, amid near broad-based selling, with HDFC Bank (down 2.6 per cent), HDFC, SBI, IndusInd Bank, Bajaj Finserv, Axis Bank, ICICI Bank, Kotak Bank, and Bajaj Finance featuring among the top 15 laggards on the Sensex. Index-wise, the Nifty PSU Bank index declined 2.2 per cent, while the Nifty Bank and Private Bank indices fell 1.8 per cent each. Other large-cap laggards were RIL, L&T, M&M, and Asian Paints, down up to ...

[ad_1] Last Updated: May 19, 2023, 09:48 IST Sensex Today: Equity benchmark indices BSE Sensex and NSE Nifty started Friday on a positive note after three consecutive days of losses as Q4 earnings fail to lift Dalal Street amid fears of a US debt default. The BSE Sensex gained 155 points to 61,587, and the NSE Nifty50 edged 42 points higher to 18,172. SBI, Tech M, Infosys, HCL Tech, Nestle, ICICI Bank, Ultratech Cement and Pwer Grid led gains on the Sensex, rising 0.5-1.2 per cent. On the flip side, Divi’s Lab, Eicher Motors, UPL, Titan, Maruti and Tata Steel were the top frontline laggards. The broader markets opened tepid. The BSE MidCap was down 0.08 per cent and the SmallCap index rose 0.13 per cent. Sectorally, Nifty Auto, Metal, Realty, FMCG and Pharma indices declined, while the IT and PSB pockets were the top gainers. Besides, Gland Pharma sank 18 per cent after its Q4 profit dropped 72 per cent YoY on a 29 per cent decline in revenue. The net profit was also impacted by ...

[ad_1] Continuous foreign fund outflows played spoilsport for the domestic markets. Mumbai: Benchmark equity indices fell in early trade on Tuesday despite a firm beginning as investors preferred to remain on the sidelines ahead of the key events -- RBI's monetary policy and the US inflation data -- due later this week. Continuous foreign fund outflows played spoilsport for the domestic markets. In early trade, the 30-share BSE Sensex dipped 5.42 points to 65,948.06. The NSE Nifty went up 2.40 points to 19,599.70. Later, the BSE benchmark fell by 93.4 points to 65,860.08 and the Nifty skidded 21.05 points to 19,576.25. From the Sensex pack, Power Grid, Mahindra & Mahindra, Bharti Airtel, Nestle, HDFC Bank, Infosys, JSW Steel, Tata Consultancy Services, ITC and Hindustan Unilever were the major laggards. Titan, State Bank of India, Tata Steel, NTPC, Asian Paints, UltraTech Cement, Tata Motors and Kotak Mahindra Bank were among the major gainers. In Asian markets, Seoul and ...

[ad_1] MUMBAI: Rising for the third straight session, equity benchmark Sensex closed higher by 123 points on Wednesday, propped up by robust fag-end buying in banking and financial stocks amid a bearish trend in global equity markets. Besides, covering-up of short positions by bears supported the late recovery in stocks, helped wipe off losses, traders said. However, a weak rupee against major rivals overseas weighed on market sentiment and restricted gains, they added. In a largely subdued session, the 30-share BSE Sensex ended 123.63 points or 0.21 per cent higher at 60,348.09. During the session, the index touched a high of 60,402.85 and a low of 59,844.82. The broader NSE Nifty gained 42.95 points or 0.24 per cent to finish at 17,754.40. IndusInd Bank was the biggest gainer on the Sensex chart, rising 4.75 per cent, followed by M&M, L&T, NTPC, ITC, Ultra Cement , Tata Steel , Maruti and SBI. In contrast, Bajaj Finance , Tech Mahindra, Infosys and Sun Pharma were amo...

[ad_1] Last Updated: December 11, 2023, 09:27 IST Sensex today:  Equity benchmark indices opened with slim gains on Monday tracking mixed cues from elsewhere in Asia. The BSE Sensex rose 100 points to a fresh high of 69,928 and the NSE Nifty50 gained 17 points to 20,950. ONGC, HCL Tech, Tech M, IndusInd Bank, Kotak Bank and Tata Motors led gains on the Sensex, while Asian Paints, M&M, Sun Pharma, Dr Reddy’s were the top frontline laggards. The BSE MidCap index was up 0.3 per cent and the SmallCap index rose by 0.6 per cent. Global Cues In Asia, Hong Kong and mainland China stocks–CSI 300, Hang Seng–lost over 1 per cent on persistent deflationary pressures. China’s inflation fell by 0.5 per cent YoY, ahead of expectations. Nikkei, meanwhile, surged nearly 2 per cent on bets the central bank may not raise rates next week. Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious a...

[ad_1] Last Updated: January 18, 2023, 09:29 IST FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex Today: Key benchmarks opened on a positive note today. Sensex Today: Key benchmarks opened on a positive note today. Quarterly results, coupled with global trends, oil prices, and foreign fund flow, are expected to guide investors in Wednesday’s trade. The S&P BSE Sensex was quoting at 60,708 levels in early deals, up 2 points or 0.09 per cent. The Nifty50, meanwhile, was at 18,076 levels. In the broader markets, the BSE MidCap and SmallCap indices outrun frontline indices by gaining up to 0.2 per cent. Among sectors, the Nifty Metal index led from the front, advancing 0.8 per cent on the National Stock Exchange (NSE). On the flipside, the Nifty Realty index fell 0.5 per cent to trade as the top dragging index on the exchange. Global Cu...

[ad_1] The US market ended in the negative territory on Tuesday. (Representational) New Delhi: Equity benchmark indices began the trade on a weak note on Wednesday following a bearish trend in the global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes. Halting a three-day rally, the 30-share BSE Sensex fell 251.26 points to 61,730.53. The NSE Nifty declined 78.3 points to 18,269.70. Among the Sensex firms, ICICI Bank, HDFC Bank, HDFC, Mahindra & Mahindra, Bajaj Finserv, UltraTech Cement, Asian Paints and Tata Motors were the major laggards. Power Grid, Kotak Mahindra Bank, Maruti Suzuki India, Tech Mahindra, ITC and NTPC were among the winners. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower. The US market ended in the negative territory on Tuesday. Market participants are waiting for the release of the FOMC meeting minutes, scheduled for Wednesday. Meanwhile...

[ad_1] Last Updated: June 21, 2023, 09:36 IST Market Today: Domestic markets began on a positive note on Wednesday morning. S&P BSE Sensex was 175 points higher to quote at 63,503 levels in early deals on Wednesday. The Nifty50 was at 18,854 levels, rising 38 points. HDFC Life, Hero MotoCorp, Ultratech Cement, Wipro, TCS, Bajaj Auto, M&M, DR Reddy’s Labs, and HDFC Bank were the top large-cap winners on the bourses as they advanced up to 1.7 per cent. Meanwhile, the broader market party extended its winning ways with the S&P BSE MidCap and SmallCap indices rising 0.97 per cent and 0.7 per cent, respectively. Individually, shares of Shriram Finance were locked in the 10 per cent upper circuit after over 8 per cent equity changed hands in early deals via block deals. Those of Piramal Enterprises were also locked in the 10 per cent upper circuit which is the likely seller of its entire stake in Shriram Finance. Global Cues Tokyo stocks opened lower on Wednesday after the t...

[ad_1] Last Updated: April 05, 2023, 09:26 IST Sensex Today:  Domestic markets opened higher in Wednesday’s trade, despite mixed global cues. Key indices Nifty50 climbed over 40 points to trade above 17,400 levels, whereas the S&P BSE Sensex advanced over 150 points to trade around 59,281 levels. Broader markets, however, were mixed as Nifty Smallcap 100 index outperformed Nifty Midcap 100 index. Sectorally, Nifty Financial Services index gained the most - over 0.6 per cent. Nifty Metal, Nifty IT, and Nifty Healthcare indices, meanwhile, remain bogged down in trade. Global Cues Stocks struggled to make headway on Wednesday, the dollar nursed losses and bonds clung to gains, as signs of a slowing U.S. labour market made investors nervous about the economic outlook, while a bigger-than-expected rate hike lifted the kiwi dollar. Tokyo stocks opened lower Wednesday as weaker US jobs data drove down New York shares, while the yen’s strength also weighed on the market.The benchmark...

[ad_1] MUMBAI: Benchmark indices declined in initial trade on Thursday after eight days of rally amid weak trends in the US equity markets triggered by fresh concerns over recession. IT counters took a beating in the morning trade which resulted in weak trend in the benchmark indices. The 30-share BSE Sensex fell 164.66 points to 60,228.11 in early trade. The broader NSE Nifty declined 44.45 points to 17,767.95. Among the Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Wipro , NTPC, Kotak Mahindra Bank and Tata Steel were among the major laggards. The country's largest IT services exporter TCS on Wednesday reported a 14.8 per cent increase in March quarter net profit at Rs 11,392 crore but flagged worries from its key market of North America. Power Grid, Bajaj Finserv , Hindustan Unilever, Nestle, State Bank of India and Maruti were among the gainers. In Asian markets, Seoul, Japan and Shanghai were trading in the green, while Hong Kong ...

[ad_1] New Delhi:  Nine of the 10 most valued firms faced a combined erosion of Rs 1,87,808.26 crore in market valuation last week, with HDFC Bank and Reliance Industries taking the biggest hit amid an overall weak trend in equities. Last week, the BSE benchmark tumbled 1,538.64 points or 2.52 per cent amid concerns that the US Federal Reserve might raise interest rates further to curb inflation. Fresh foreign fund outflows also dented investor sentiments. Barring ITC, all 10 firms, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, were the laggards. HDFC Bank's valuation declined by Rs 37,848.16 crore to Rs 8,86,070.99 crore at close on Friday. The market valuation of Reliance Industries fell by Rs 36,567.46 crore to Rs 16,14,109.66 crore. The valuation of TCS tumbled Rs 36,444.15 crore to Rs 12,44,095.76 crore and that of HDFC tanked Rs 20,871.15 crore to Rs 4,71,365.94 crore. The market capitalisation (mcap) of ICICI Ban...

[ad_1] Last Updated: August 16, 2023, 09:44 IST Sensex Today: Equity markets were off to a weak start in Wednesday’s trade, led by losses in banking and financial names. Frontline indices the S&P BSE Sensex declined 350 points to 65,032 levels, whereas Nifty50 lost over 100 points to slip below 19,350-mark. Broader markets, too, witnessed selling pressure as Nifty Midcap 100 and Nifty Smallcap 100 indices declined up to 0.5 per cent. Sectorally, Nifty Financial Services index was the worst hit (down 1 per cent), followed by Nifty Bank (down 0.9 per cent), and Nifty Metal indices (down 0.8 per cent). On the flipside, Nifty FMCG, Nifty Media, and Nifty IT indices outperformed the benchmark indices, surging up to 0.7 per cent. Among individual stocks, shares of ITC gained 1 per cent in a weak market after the conglomerate’s consolidated net profit rose 16.29 per cent YoY in the June-ended quarter. Besides, shares of Infosys rose 1 per cent after the IT services company signed a ...

[ad_1] MUMBAI: The Indian rupee inched down on Thursday to a nearly eight-week low on the back of higher U.S. bond yields and a firmer dollar as risk sentiment improved on hopes of an imminent debt ceiling deal. The rupee was down at 82.4750 against the U.S. dollar, compared to its previous close of 82.38. It hit its lowest since March 24 at 82.4825. "The recent breakout of the U.S. dollar is giving a directional move in USD/INR and oil has also swung back, which is adding some pressure to the rupee," said Anand James, chief market strategist at Geojit Financial Services. "Rupee is moving to a consolidation zone after the recent weakness," James added. Meanwhile, U.S. Treasury yields rose overnight and the dollar index surged to an over seven-week high in the wake of positive signs on the debt ceiling negotiations and upbeat housing data. April housing starts data showed a surprise increase of 2.2% month-on-month. "At 1.40 million, the annualised level...

[ad_1] Budget 2023, Stock Market, Sensex The Finance Minister of India will present the Union Budget for FY23-24 on 1st Feb 2023, the last full-year Budget before the Union Election 2024 The Finance Minister of India will present the Union Budget for FY23-24 on 1st Feb 2023, the last full-year Budget before the Union Election 2024. With the government undertaking most of the reforms outside the Union Budget purview, its impact on the equity market has reduced over the past few years. Nonetheless, the market participants continue to view it as a critical catalyst that stimulates the growth of the Indian economy and, thereby, the Indian market. What Do Historical Trends Say? In the last 8 budget sessions of the current government, Nifty closed positively on 5 occasions on the budget day while closing on a negative note for the remaining 3. This time, the Union budget has gained utmost importance as the tightening monetary policy and elevated inflation have challenged the purchasi...

[ad_1] Stock market update. (Representative image) The domestic equity markets fell due to heavy selling in banking and oil stocks in tandem with weak global trends ahead of the US Federal Reserve's interest rate decision Benchmark indices BSE Sensex and NSE Nifty on Wednesday fell about 796 points or over 1 per cent to 66,800.84, due to heavy selling in banking and oil stocks in tandem with weak global trends ahead of the US Federal Reserve’s interest rate decision. The rupee, however, rebounded 23 paise to close at 83.09 (provisional) against the US dollar. Falling for the second day running, the 30-share BSE Sensex tumbled 796 points or 1.18 per cent to settle at 66,800.84. During the day, it tanked 868.7 points or 1.28 per cent to 66,728.14. The NSE Nifty declined 231.90 points or 1.15 per cent to end below the 20,000 mark at 19,901.40. US bond yields surging to 16-year high levels and fears of high crude oil prices fueling commodity inflation also hit the investor sentime...

[ad_1] The BSE Sensex opened about 320 points lower at 59,902.25, while the NSE Nifty was 84 points down at 17,627.30. On the BSE, 24 out 30 companies on the Sensex were trading in the red in the early trade Domestic bourses on Wednesday opened in the red. The BSE Sensex opened about 320 points lower at 59,902.25, while the NSE Nifty was 84 points down at 17,627.30. The rupee also fell 37 paise to 82.29 against US dollar in the early trade. On the BSE, 24 out 30 companies on the Sensex were trading in the red in the early trade. Among the top losers were Infosys (down 1.36 per cent), Tech Mahindra (minus 1.34 per cent), Bajaj Finserv (down 1.25 per cent), Sun Pharma (down 1.09 per cent), and HCL Tech (down 1.05 per cent). On the BSE, the companies there were in the green were L&T, NTPC, Tata Steel, Maruti, UltraTech Cement and HDFC Bank, trading higher by up to 0.52 per cent. V K Vijayakumar, chief investment strategist at Geojit Financial Services, said, “The dominant trigge...

[ad_1] Last Updated: July 18, 2023, 15:47 IST Sensex Today:  Benchmark indices settled off record highs on Tuesday as profit booking at higher levels capped the market rally. The S&P BSE Sensex closed at 66,795 levels, up 205 points or 0.31 per cent, after hitting an all-time high of 67,007 during the day. The broader Nifty50, on the other hand, settled 38 points, or 0.19 per cent, higher at at 19,749 levels, cooling off from record peak of 19,819. Infosys, HCL Tech, Reliance Industries, Hero MotoCorp, Bajaj Auto, ICICI Bank, Wipro, Bajaj Finserv, and Adani Enterprises were some of the notable gainers, rising in the range of 0.3 per cent to 4 per cent. On the downside, LTIMindtree, Britannia, HDFC Life, SBI, Titan Company, Grasim, and Bajaj Finance fell over 1 per cent each. In the broader market, the BSE MidCap and SmallCap indices ended in the negative zone, down up to 0.47 per cent. Among sectors, the Nifty IT index was the only decent winner with 1 per cent gain. The Nifty...

[ad_1] Why is Sensex Rising today? Domestic markets extended gains in Monday’s intra-day trade, as improved global cues and low-level buying pushed indices higher, which led to short covering, which, in turn, aided more buying. Furthermore, investor focus also turned to corporate health as earnings season kicks off today with TCS results. The BSE Sensex was trading 951 points or 1.59 per cent higher at 60,851. Nifty50 was trading at 18,131, up 271 points or 1.52 per cent at around 11.35 am. Investors, meanwhile, turned richer by Rs 3.55 lakh crore amid broad-based buying as bulls returned to Dalal Street after three-day hiatus. Frontline stocks such as Infosys, Tata Consultancy Services and Reliance Industries contributed to the climb. As many as 101 stocks hit their 52-week lows today. BSE stocks such as Abbott India, IDBI Bank and Jindal Steel and 98 other stocks hit their respective one-year high levels. That said, 24 stocks touched their one-year low levels today. Here are th...

[ad_1] Last Updated: August 01, 2023, 15:40 IST Sensex Today:  The benchmark indices swung between gains and losses on Tuesday as stock-specific action guided market moves. The S&P BSE Sensex gyrated 270 points during the day before closing at 66,459, down 68 points or 0.10 per cent. The Nifty50, too, stayed within a 90-point range before shutting shop at 19,734, down 20 points or 0.1 per cent. Power Grid, Hero MotoCorp, Apollo Hospitals, IndusInd Bank, Bajaj Finserv, SBI, Adani Ports, Reliance Industries, Divis Labs, Asian Paints, and Maruti Suzuki were the top large-cap laggards on the exchanges, down between 1 per cent and 5 per cent. On the upside, Coal India, Tech M, NTPC, LTIMindtree, Eicher Motors, HCL Tech, M&M, Britannia, TCS, Hindalco, Infosys, and Dr Reddy’s Labs gained up to 4.5 per cent. Meanwhile, in the broader market, the BSE MidCap index slipped 0.2 per cent, while the BSE SmallCap index added 0.54 per cent. Global Cues Globally, Asia-Pacific markets were ...