Indices drop for the third straight day; Sensex declines 147 points

Benchmark stock indices Sensex and Nifty closed with losses in a choppy trade on Thursday as investors preferred a cautious approach ahead of inflation and industrial production data to be released later in the day. Unabated foreign fund outflows also hit the investor sentiment. The 30-share […]

MARKET LIVE: Sensex tests 60K, down 750 pts; Nifty nears 17,850

The S&P BSE Sensex hovered around the 60,000-mark, and was down around 700 points. The Nifty50 languished below the 17,900 level.   In the broader market, the BSE MidCap and SmallCap indices declined up to 0.8 per cent. Sectorally, the Nifty PSU Bank index dropped 2.2 per cent, followed by the Nifty IT index (down […]

MARKET LIVE: Sensex soars 650 pts, Nifty holds 17,950; ITC up 2%, RIL 1%

Key indices Nifty50 surged over 50 points to trade above 17,850 levels, whereas the S&P BSE Sensex gained over 300 points to reclaim 60,000 levels. Broader markets, too, rose in tandem with benchmark indices, as Nifty MidCap 100 and Nifty SmallCap 100 indices advanced up to 1 per cent. Barring Nifty Pharma index, which […]

MARKET LIVE: Sensex down 600pts, Nifty50 below 18,250; India VIX climbs 8%

Key indices Nifty50 declined over 200 points to hit day’s low of 18,210 levels, whereas the S&P BSE Sensex lowered over 650 points to hit day’s low of 61,131. Broader markets, too, edged lower as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.7 per cent. Volatility gauge, India VIX, meanwhile, climbed […]

MARKET LIVE: Sensex gains 150pts, Nifty above 18,650; IT index rises 1%

Key indices Nifty50 climbed over 50 points to trade above 18,650 levels and the S&P BSE Sensex advanced over 200 points to trade at around 62,748 levels. Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.5 per cent. Sectorally, Nifty IT, Nifty Media, and […]

Sensex jumps 403 pts, Nifty tops 18,600 as inflation eases

Domestic retail inflation data for November and positive global cues left Dalal Street pretty enthusiastic on Tuesday. Domestic retail inflation has eased below the upper band of the Reserve ‘s tolerance limit, hitting an 11-month low. As a ripple effect, the Indian equity market closed higher, led by the banking, financial, auto and IT stocks. […]

Sebi extends one-time stock option settlement scheme by two months

The Securities and Exchange Board of India (Sebi) extended the settlement scheme by two months to January 21, 2023. The scheme introduced this year in August was to expire on November 21. “It has been observed that during the last few days, a large number of entities have shown interest in availing […]

MARKETS: Sensex trims losses, down 500pts; Nifty near 17,150; Infy up 2%

Domestic equity markets edged lower in Monday’s intra-day trade as sentiments remain muted overseas. Losses in heavyweights like Reliance Industries, HDFC Twins, Bajaj Twins, and Tata Consultancy Services (TCS) also contributed to the sharp cuts in the benchmark indicies. Key indices Nifty50 tumbled over 300 points to trade below 17,000 levels and the S&P BSE […]

MARKET: Sensex off lows, down 500 pts; Nifty tests 17,900; IT index down 3%

Domestic equity markets traded in negative territory amid weak global cues on Wednesday, however, trimmed opening losses supported by fresh bets in heavyweights like ITC, Maruti Suzuki, and Asian Paints. Frontline indices Nifty50 declined over 100 points to trade below 17,950 levels, whereas the S&P BSE Sensex slumped over 500 points to trade at 60,051 levels. […]