Investors seem to be shying away from stocks of companies in the 'digital' space with most counters that comprise the Nifty India Digital index giving negative returns over the past year. The index tracks the performance of a portfolio of stocks that broadly represent the 'digital theme' within basic industries, such as software, e-commerce, IT-enabled services, industrial electronics, and telecom services. The fall in some of these stocks over the past year has been steep; the sharpest decline of around 60 per cent was seen in shares of PB Fintech (parent company of Policybazaar).
The 7th CPC places the Indian Police Service (and, almost in passing, the Indian Forest Service) on a level with the Indian Administrative Service, leaving the military out in the cold.
HDFC Bank was the top loser in the Sensex pack followed by IndusInd Bank, Axis Bank, HDFC, Maruti and Bajaj Finance. NSE Nifty fell 171 points to 15,752.40.
Profit booking by domestic institutional investors weighed on market sentiment.
Mixed earnings and not so encouraging macroeconomic data dented sentiment, Ajit Mishra, VP - Research, Religare Broking Ltd said. In twin blows to Indian economic revival, higher food prices drove retail inflation to a five-month high of 7.4 per cent, while factory output fell for the first time in 18 months. The second consecutive month of rise in consumer price index (CPI)-based inflation will add to the pressure on the Reserve Bank of India (RBI) to again raise interest rates to tame high prices. In the broader market, BSE Midcap declined 0.73 per cent while smallcap dropped 0.45 per cent.
Kotak Bank was the top loser in the Sensex pack, shedding 3 per cent, followed by HDFC, Bajaj Finance, Bajaj Finserv, Tech Mahindra, HUL and Titan. NSE Nifty slumped 91.60 points to 14,850.75.
The S&P BSE Sensex soared 287 points to end at 26,653.
The S&P BSE Sensex rose 486 points to close at 26,367.
The S&P BSE Sensex rose 576 points to end at 25,881.
The S&P BSE Sensex slipped 98 points to ended at 25,302.
Investors' wealth plunged over Rs 3.91 lakh crore on Friday amid an extremely weak broader market trend. The BSE benchmark tanked 773.11 points or 1.31 per cent to settle at 58,152.92 after a weak opening. During the day, it tumbled 1,011.93 points to 57,914.10.
Bajaj Finance was the top loser in the Sensex pack, shedding over 2.5 per cent, followed by SBI, Bajaj Finserv, Tata Steel, Asian Paints and Axis Bank. NSE Nifty dipped 15.40 points to 15,763.05.
Key macroeconomic numbers like IIP and CPI will definitely improve going forward if the monsoon turns out to be favorable.
The S&P BSE Sensex surged 193 points to close at 25,790.
The S&P BSE Sensex ended down 156 points at 25,597.
Bajaj Auto was the top loser in the Sensex pack, shedding around 2 per cent, followed by TCS, HDFC Bank, Axis Bank, Reliance Industries and Tech Mahindra. On the other hand, Tata Steel, Bajaj Finserv, Bharti Airtel and NTPC were among the gainers. NSE Nifty dropped 38.10 points to close at 15,689.80.
Billionaire philanthropist George Soros believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government -- a statement which was strongly countered by BJP as an attack on Indian democracy.
As the five states -- Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram -- go to the polls, here is how the big names are faring.
The S&P BSE Sensex plunged 128 points to end at 25,102.
The S&P BSE Sensex plunged 461 points to end at 25,603.
The S&P BSE Sensex gained 57 points to end at 26,064.
The S&P BSE Sensex ended down 159 points at 25,679.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank. NSE Nifty fell 77.95 points to 15,030.15.
The S&P BSE Sensex surged 481 points to close at 25,627.
Investors are keenly awaiting the announcement of the macroeconomic data.
L&T was the top loser in the Sensex pack, shedding around 2 per cent, followed by Reliance Industries, Bajaj Finserv, IndusInd Bank, SBI, Maruti, Axis Bank and Bajaj Auto.
Titan was the top loser in the Sensex pack, shedding over 1 per cent, followed by TCS, HCL Tech, Reliance Industries, UltraTech Cement and Bharti Airtel. NSE Nifty settled 45.65 points down at 15,814.70.
The S&P BSE Sensex ended at 24,900, down by 66 points.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
The S&P BSE Sensex was up 7 points to close at 25,338.
The S&P BSE Sensex gained 275 points to end at 24,953.
The S&P BSE Sensex gained 94.65 points to end at 24717.99.
The S&P BSE Sensex ended higher by 464 points or 1.95% at 24,243.
The S&P BSE Sensex ended down 321 points at 23,089.
The S&P BSE Sensex surged 267 points to end at 23,649.
The S&P BSE Sensex ended down 362 points at 23,191.