The 30-share BSE Sensex is up 269 points at 9199. The NSE Nifty is up 82 points at 2714.
The Sensex closed at 13,340, down 42 points. The Nifty lost 16 points to close at 3,816.
This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.
Led by the weak trend in the broader market, the market capitalisation of BSE-listed companies plunged Rs 1,65,437.91 crore to Rs 1,38,54,439.41 crore.
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.
The Sensex finally finished on a flat note at 10,752, up 8 points.
Tech Mahindra was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Bajaj Finance, Bharti Airtel, Bajaj Finserv, L&T, Tata Steel and Infosys. NSE Nifty surged 191.95 points to 15,824.05.
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.
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.
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.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
Analysts remain bullish on the road ahead for the equity markets, but warn against volatility on account of domestic and global cues. The upcoming Lok Sabha elections back home and the interest rate trajectory of the US Federal Reserve, they said, will be the two most important factors that the markets will keep a tab on. That apart, the valuation of the Indian markets, they feel, will also be eyed in context of how global peers are performing.
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
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.
Sliding for the fourth straight day, the BSE Sensex shed 152 points in choppy trade on Wednesday amid mixed global cues ahead of the US Federal Reserve's policy decision.
The markets have opened the week with positive note as Asian markets
BSE benchmark Sensex nursed losses on Friday as investors pocketed gains after a five-session winning streak amid a bearish trend overseas. A depreciating rupee and foreign fund outflows further soured risk sentiment, traders said. The 30-share gauge, which had started the trade on a firm note, soon gave up all the gains and finally ended 651.85 points or 1.08 per cent lower at 59,646.15. The broader NSE Nifty snapped its eight-day rally to close at 17,758.45, down 198.05 points or 1.10 per cent.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
The Indian equity market clocked record average daily turnover (ADTV) in both the cash and derivatives segments in February amid a spike in volatility. The ADTV for the cash segment for both the exchanges combined came at Rs 1.27 trillion, while the same for the derivatives or the futures and options (F&O) segment stood at Rs 483 trillion in the previous month. The volumes for both cash and derivatives have almost doubled from a year ago on the back of rising retail participation in the world's fourth largest equity market.
The markets opened strong on account of buying seen in select index pivotals
Satyam, Reliance Communications and Bharti Airtel declined 1.7% each to Rs 451, Rs 731 and Rs 966, respectively.
The slowdown in corporate revenue growth over the last one year has begun to reflect in India Inc's capital expenditure, or capex. The country's top listed companies are going slow on fresh investment in capacity expansion, in line with a deceleration in their top line growth. The combined fixed assets of the listed companies, excluding banking, finance services and insurance (BFSI) and the government-owned oil & gas firms, were up 10.1 per cent year-on-year (Y-o-Y) during April-September 2023 (H1FY24) - the slowest in 18 months - as against 21.1 per cent Y-o-Y growth in H2FY23 (October 2022-March 2023) and 11.6 per cent growth in the April-September 2022 period (H1FY23).
The Sensex closed at 12,365.83 down 7 points. The Nifty was down 3 points to close at 3,567.
In the broader market, the S&P BSE Midcap ended 0.1% down, while the S&P BSE Smallcap index gained 0.3%.
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
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.
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
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.
The markets opened in the positive terrain after seeing a flat close yesterday
The Nifty was up 10 points at 3436.
The markets opened weak in line with its Asian peers
The markets were witnessing volatility in the opening trade.