The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
Equity benchmark index Sensex buckled under selling pressure for the second straight session to close below the 65k mark on Friday, as investors offloaded IT, teck and metal stocks amid a bearish global trend. Besides, fresh foreign fund outflows also hit investor sentiments, traders said. In a volatile trade, the 30-share BSE Sensex declined 202.36 points or 0.31 per cent to settle at 64,948.66.
From the Sensex pack, HDFC, HDFC Bank, Mahindra & Mahindra, UltraTech Cement, Tata Steel, Bajaj Finance, State Bank of India, Reliance Industries, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Maruti, Tech Mahindra, IndusInd Bank, HCL Technologies and Axis Bank were among the laggards.
Traders said sentiment bolstered after gold jumped to a one-month high in overseas markets as expectations the US Federal Reserve will sustain stimulus hurt the dollar, and raised demand for precious metals as an alternate investment.
RBI will not follow US Federal Reserve's cue of cutting rates, as Indian conditions differ greatly from US.
Traders said stockists selling against sluggish demand at prevailing higher levels amid weak global trend mainly kept pressure on precious metals.
Index heavyweights continue to be top losers with ICICI bank.
800 gets so lost in celebrating its grand subject that it forgets something pretty elementary: Cricket is a team sport!, notes Sreehari Nair.
Vicky responded that he would be married to Katrina for many lifetimes. "Janmo Janmo Tak!"
Gold prices declined by Rs 100 to Rs 28,200 per 10 grams at the bullion market on Friday
Gold lost its sheen with prices falling by Rs 120 to Rs 28,300.
Nifty moved up 175 points to end the day at 5,193.
The domestic stock market may face volatility amid the monthly derivatives expiry scheduled this week, while investors would mainly await the outcome of RBI's interest rate decision on Friday, said analysts. Global market movement would also continue to drive sentiment amid a bearish trend recently following rate hikes by the US Federal Reserve and other central banks. The Reserve Bank of India (RBI) may take cues from its global counterparts to raise interest rate for the fourth time in a row to control inflation.
Wide-eyed and curious, Angira is the cutest girl you'd see all day.
The Congress on Sunday said other National Democratic Alliance partners need to take cue from Janata Dal-United which has insisted on a prime ministerial candidate having a "secular credibility beyond doubt"
The Nifty dropped 128 points (2.4%) to 5,094. The BSE market breadth was extremely negative. Out of 2,962 stocks traded 2,356 declined while 557 advanced.
The NSE Nifty closed at 5235, up 25 points. The market breadth was strong. Out of 2969 stocks traded on the BSE, there were 1694 advancing stocks as against 1195 declines.
Silver too advanced by Rs 100 to 38,700 per kg.
The Reserve Bank of India's interest rate decision, domestic macroeconomic data and global trends will dictate terms in the equity markets this week, analysts said. Trading activity of Foreign Portfolio Investors (FPIs) will also influence markets, they added. "The Indian market will be closely monitoring the Reserve Bank of India's Monetary Policy Committee (MPC) meeting scheduled for June 6-8, 2023. Aside from that, market participants will be keeping an eye on the progress of monsoon," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.
Assessment reports will be shared with all employees
Equity investors became richer by Rs 5.66 lakh crore as markets bounced back sharply on Tuesday following a recovery in global equities. The 30-share BSE Sensex jumped 1,276.66 points or 2.25 per cent to settle at 58,065.47 points. During the day, it zoomed 1,311.13 points or 2.30 per cent to 58,099.94 points. The market capitalisation of BSE-listed firms climbed Rs 566,318.84 crore to Rs 273,92,739.78 crore.
The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said. Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers' Index (PMI) data for the manufacturing sector will be released on Monday, and that o,f the services sector on Wednesday. Investors, this week, will keenly watch major global market events, icluding the outcome of the Federal Open Market Committee (FOMC) minutes, scheduled to be out on Wednesday.
Silver also found buying support and gained Rs 150 to Rs 37,350 per kg.
Rohit also said he had picked up a few cues about how to work with spinners from his predecessor Virat Kohli
In the international market, gold dropped 0.3 per cent to $1,141.76 an ounce in Singapore today.
Tooth pain and other orofacial pain can be a symptom of various conditions and can provide cues about the underlying issue, alerts Dr Srishti Tody.
The NSE Nifty ended at 4,655, up 104 points. The breadth turned negative towards the end, out of 2,831 shares traded, 1,218 advanced, 1,553 declined and 60 were unchanged on the BSE.
In Khufiya, a mother's journey, a lover's vendetta and a country's mission, skewed patriotism and moral disengagement coalesce and highlight the nature of the spying business, notes Sukanya Verma.
Sensex and the Nifty reached an intra-day low of 19,318 levels and 5,845 mark, respectively.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Silver, however, held steady at Rs 44,900 per kg in restricted buying activity from industrial units and coin makers.
ITC topped the Sensex gainers' chart with a jump of 3.31 per cent, followed by Reliance Industries, Bajaj Finance, ICICI Bank, Infosys, Axis Bank and Wipro. On the other hand, NTPC, UltraTech Cement, L&T, Sun Pharma, Asian Paints and Maruti were among the major laggards.
Gold prices plunged by Rs 200 to trade at Rs 27,000 per 10 grams at the bullion market on Thursday.
A stir-fried preparation with gourd and Bengal gram.
Globally, gold advanced 0.3 per cent to USD 1,179.35 an ounce in Singapore.
Among the Sensex firms, ITC, SBI, Titan, Power Grid, Larsen & Toubro, Tata Motors, Hindustan Unilever and UltraTech Cement were the major laggards.
Let's pack for a day out at the beach with the Oru Adaar Love actress.
The precious metal had gained Rs 1,240 in the last eight days.
Nestle, Infosys, ICICI Bank, Tata Motors, Tata Consultancy Services, HCL Technologies, Tech Mahindra and Axis Bank were the other major winners. Sun Pharma, Asian Paints, Bajaj Finance and Titan were the laggards.