The NSE Nifty ended at 2763, up 29 points. The market breadth was marginally positive - out of 2,523 stocks traded, 1,228 advanced, 1,190 declined and 105 were unchanged on Wednesday.
The Sensex closed at a new all-time closing high of 14,675 with a gain of 24 points from the last weekend close of 14,651.
The NSE Nifty ended up 35 points at 4,249.
The Sensex opened with a positive gap of 85 points at 14,088
Investors started booking profit at record highs in absence of cues from global markets that remained closed for the New Year holiday.
The Sensex closed down 85.82 points or 0.63% at 13566.33, and the Nifty down 22.00 points or 0.56% at 3911.4.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.
The markets were flat in the opening trade but failed to sustain small gains as Asian peers were trading lower.
On the Sensex chart, HCL Tech, HDFC, Tech Mahindra, TCS, RIL, Sun Pharma and SBI were the major gainers, rising as much as 4.3 per cent. NSE Nifty gained 52.45 points to end at 18,055.75.
'Market feels this Budget will promote all-round growth and that is what is giving it confidence.'
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
Selling pressure at higher levels saw the index slip into negative zone to a low of 10,782 - down 210 points from the intra-day high. \n
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
Analysts said FIIs had created long positions worth Rs 9,700 crore (Rs 97 billion) in index futures till recently.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
The sharp correction in equity markets has taken a toll on mid-and-small cap stocks that have underperformed their large-cap peers. Thus far in calendar year 2022 (CY22), the mid-and-small cap indexes on the BSE have slipped over 8 per cent and 7 per cent respectively, as compared to a fall of around 6 per cent in the S&P BSE Sensex. While investors dumped mid-and small-cap stocks as the markets remained choppy over the past few weeks, analysts still expect these two segments to see good investor interest from a medium-to-long term perspective.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
Hopes that better-than-forecasted monsoon may help the RBI cut rates sooner than expected, too triggered buying activity.
RTSF will be managed aggressively like its diversified equity fund siblings; also the fund is likely to be a high risk - high return investment proposition.
The 30-share Sensex was up 191 points at 28,707.75 and the 50-share Nifty was up 54 points at 8,714.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
Besides, a sharp 8% decline in Chinese stocks added to the sell-off in domestic equities
While small-caps have delivered higher returns than their large-cap peers, investors would do well to recognise the incremental risk of investing in these companies.
The rupee fell to a two-year low of 64.84 against the US dollar.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Shares of small-cap companies have been on a roll with the S&P BSE Small-Cap index hitting a new high in intra-day deals on Thursday. The rally has been fueled by an up move in stocks of chemicals, cement, graphite electrode makers, pharmaceuticals and information technology (IT) shares. In the past two weeks, since March 25, the index has outperformed the market by gaining 7.3 per cent. In comparison, the S&P BSE Midcap index was up 6.1 per cent, while the S&P BSE Sensex gained 3.6 per cent during the same period.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
The broader NSE Nifty gained 22 points to 10,480.60
Don't get carried away by the current rally; be picky and take a stock-specific approach.
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
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