A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
The broader NSE Nifty scaled a high of 10,856.55 before closing up by 55.90 points, or 0.52 per cent
The BSE Sensex gained 104.63 points to end at 33,147.13, while the broader Nifty spurted 48.45 points to finish at 10,343.80.
The broader NSE Nifty gained 22 points to 10,480.60
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
IIP for November 2015 and CPI for December 2015 will be announced today.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
Saving is not the same as investing as many people wrongly assume. But what's the difference between the two? How does each benefit you. Larissa Fernand has the answers
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Sentiment was hurt after market regulator Sebi directed bourses to initiate action against 331 suspected shell companies.
Investors booked profits in recent gainers
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
Oil & gas, banking and pharma sector stocks stole the show
Other Sensex gainers were Infosys, Wipro, ICICI Bank, Hero MotoCorp, L&T, Axis Bank,, Tata Steel, HDFC and Cipla.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
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
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
.jpg)
Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
UK operations of several Indian companies might take a hit.
Profit-booking by participants in view of the domestic markets' recent record-setting run fuelled the downtrend
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
Small- and mid-cap stocks continued facing selling pressure due to stretched valuations.
The 30-share Sensex gained 117 points to end above 29,000 at 29,006 while the 50-share Nifty gained 32 points to close at 8,761.
The RBI has agreed to consider the application of India Post in consultation with the government.
Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
The S&P BSE Sensex dropped 207 points to end at 25,230.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
A strong set of industrial output numbers for January provided the perfect backdrop to reap more dividends, with the IIP having expanded 2.7 per cent year-on-year.
And learn what not to do from the so far jinxed Navi Mumbai International Airport.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances