With rate cut expectations running high ahead of RBI meet this week, risk appetite improved especially in rate sensitive stocks
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
The trends remained sluggish in the primary stock market
The 50-share NSE Nifty shed some ground to settle at 8,699.40 points, up 40.30 points, or 0.47 per cent
Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside.
At the close, the 50-share NSE Nifty was at 8,611.15, up 19.90 points, or 0.23 per cent, after moving between 8,637.15 and 8,555.20.
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
Of the 30-share Sensex pack, 15 today closed in the red
Bank shares were the top losers along with index heavyweight RIL
Experts said a future rate cut would depend on the inflation.
While capital appreciation is better, paying regular dividend indicates that the company is making profits and is rewarding investors.
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
The winter session of Parliament will commence on November 26.
The NSE Nifty went past the 8,600-mark for the first time since November 1.
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Out of 30 Sensex shares, 19 ended lower while 11 gained
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
Financials and auto stocks were the top losers while energy and IT shares recovered
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
The 50-issue Nifty fell 29.60 points or 0.34 per cent to close at 8,642.55
Life insurers are launching these again. Invest if you are conservative.
Raghuram Rajan's decision to go back to academics might spell short term negativity for the stock, currency and bond markets.
Metals bucked the trend and shone across the board.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
The Sensex has slid 18.5 per cent from its January 2015 peak.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
Sensex,Nifty to remain under pressure through the week.
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Participants are keeping an eye on the Winter Session of Parliament, which started today, and US fiscal policies to be followed by President-elect Donald Trump
Sensex ends in green, bluechips in spotlight.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances