Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
SBI was the top gainer after it reported lower-than-expected rise in bad loans
8 out of 12 sectoral indices closed in red with BSE IT and Healthcare indices losing 0.5%.
Nifty PSU bank index dropped nearly 2%
Equity benchmarks began the week on a downbeat note on Monday, weighed by heavy selling in market heavyweight Reliance Industries and persisting weakness in global bourses. The rupee plunged to its lifetime low against the US dollar amid unabated foreign fund outflows, underscoring the risk-off sentiment prevailing globally as central banks embark on policy tightening to tame soaring inflation. Slipping for the second straight session, the 30-share BSE Sensex shed 364.91 points or 0.67 per cent to close at 54,470.67.
Most Asian stock markets steadied on Wednesday.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
Financial shares were among the top Sensex gainers along with auto and pharma shares.
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
Sensex, Nifty end the day in red ahaead of F&O expiry.
The 30-share S&P BSE Sensex ended up 130 points at 25,400 and the Nifty50 rose 46 points to close at 7,759.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
On an average, small-cap funds have generated annualised returns of 67.5% in the last two years. Large-cap funds and mid-cap funds have given average annualised returns of 41.3% and 53.4% respectively.
Gains were led by HUL on better-than-expected margins in March quarter and capital goods shares.
Equity investors are a happy lot as their wealth jumped by over Rs 5.36 lakh crore in the first two days of trading in the New Year, driven by optimism in the broader market amid firm global cues. The 30-share Sensex zoomed 672.71 points or 1.14 per cent to settle at 59,855.93 on Tuesday. The benchmark had jumped 929.40 points or 1.60 per cent to close at 59,183.22 on Monday, the first trading day of 2022.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Longest period of price-earnings expansion in the index since 1996
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries:
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
The 30-share Sensex provisionally ended up 112 points at 28,555 and the 50-share Nifty closed 24 points higher at 8,561 after hitting a record high of 8,626.95.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Markets end in red; bluechips struggle to keep pace.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Investors' wealth eroded by a massive Rs 8,21,666.77 crore on Monday as the market saw a massive sell-off not seen in many months. The BSE benchmark Sensex plunged 1,170.12 points or 1.96 per cent to close at 58,465.89. This is the worst single-day drop for the gauge in over seven months. This was also the fourth straight session of decline for the Sensex.
The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
Amit Shah's net worth grew 32 per cent to Rs 37.91 crore, mainly due to 80 per cent appreciation in the market value of his securities.
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.
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
Index heavyweights ITC was the top gainer along with RIL and HDFC
ICICI Bank was the top loser along with index heavyweights RIL, ITC and HDFC.
The S&P BSE Sensex shed 119 points to close at 27,977 and the Nifty50 dropped 45 points to finish at 8,591.