The markets have opened on negative note but witnessing volatile trade, as global markets were trading weak ahead of Fed meet
The markets have opened on positive note as technology and auto firmed up
At 11.58 am IST, the Sensex is up 59.24 points or 0.47% at 12682.52, and the Nifty up 8.10 points or 0.22% at 3665.4.
The 30-share BSE Sensex is up 269 points at 9199. The NSE Nifty is up 82 points at 2714.
Investors' wealth eroded by Rs 7.59 lakh crore on Monday as the equity market took a heavy drubbing amid escalating tensions in the Middle East. The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88 points. During the day, the index plummeted 894.94 points or 1.36 per cent to 64,502.68 points.
The Sensex closed at 13,340, down 42 points. The Nifty lost 16 points to close at 3,816.
A buoyant equity market, coupled with an improved performance of mutual funds (MFs) on the returns chart, has heightened retail investors' appetite for equities. In the past few months, equity MF schemes have seen a surge in fresh investments through both lump sum (one-time investments) and systematic investment plan (SIP) routes. During the August-September 2023 period, equity MF schemes recorded net lump sum investments of Rs 35,270 crore, compared to just Rs 5,550 crore in the previous three months, according to data from the Association of Mutual Funds in India (Amfi).
Market benchmark Sensex tumbled over 323 points after an intense last-hour sell-off on Wednesday, triggered by losses mainly in index heavyweights Infosys, Reliance and HDFC.
Benchmark shares indices end flat on Tuesday, amid a volatile trading session, as gains in financials and telecom shares were erased by losses in FMCG and IT stocks. The 30-share Sensex ended up 27 points at 17,426 and the Nifty added nine points at 5,288.
'It is advisable to stay away from the markets for now and buy only on a dip.'
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.
From the Sensex basket, Tata Motors, State Bank of India, Tata Steel, Power Grid, NTPC, Bajaj Finserv, Bajaj Finance and Asian Paints were the major laggards.
The Sensex finally finished on a flat note at 10,752, up 8 points.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
The Sensex opened with a positive gap of 41 points at 7,701, and moved up to a high of 7,732 in early morning deals.
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
The bloodbath at the markets ended with the Sensex losing 457 points to close at 10,482.
The NSE Nifty too closed up 20 points at 3523.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
The markets opened the last week of 2006 in green
The markets have opened the week in the positive terrain, traders are bullish on auto, power, bank up. In the morning session, selling pressure was witnessed in IT.
The markets have opened in the positive terrain on the first day of december, traders have shown their faith in construction, IT, steel, capital goods. The selling pressure was witnessed in oil, auto, telecom stocks.
The markets have opened the week with positive note as Asian markets
In the broader market, the S&P BSE Midcap ended 0.1% down, while the S&P BSE Smallcap index gained 0.3%.
Satyam, Reliance Communications and Bharti Airtel declined 1.7% each to Rs 451, Rs 731 and Rs 966, respectively.
The markets opened strong on account of buying seen in select index pivotals
The Sensex closed at 12,365.83 down 7 points. The Nifty was down 3 points to close at 3,567.
Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.
Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by ICICI Bank, PowerGrid, HDFC, IndusInd Bank and Axis Bank. NSE Nifty declined 45.75 points to 16,568.85.
The Sensex closed at a new high of 13,706.53, up 89.76 points or 0.66%
The markets opened in deep green in line with its Asian peers on the back of selling pressure witnessed across the board
The markets opened in the green on the back of buying interest seen in technology, banks, auto stocks.
The 30-share BSE Sensex opened 13 points higher at 13,398.
The markets have opened strong today and Sensex crossed 14000 level
The markets opened in the positive terrain after seeing a flat close yesterday
The Nifty was up 10 points at 3436.