Benchmark BSE Sensex rose by 160 points on Thursday in choppy trade following gains in select banking and auto counters amid mixed global cues. The 30-share index gained 160 points to settle at 62,570.68 as 13 of its components advanced while 17 declined. The barometer opened lower but later gained momentum to touch a high of 62,633.56 in the day's trade.
The S&P BSE Sensex ended 143 points at 24682 after hitting 52-week low of 24,597.
The S&P BSE Sensex plunged 555 points to end at 24,852.
The S&P BSE Sensex ended down by 43 points at 25,580.
The S&P BSE Sensex tumbled 534 points to close at 25,627.
Asian Paints was the top loser in the Sensex pack, shedding 2.66 per cent, followed by Axis Bank, HUL, Wipro, M&M, HDFC and Bharti Airtel. On the other hand, TCS, Infosys, L&T, Tech Mahindra and HDFC Bank were among the gainers.
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
Bharti Airtel was the top loser in the Sensex pack, shedding nearly 4 per cent, followed by Tech Mahindra, Bajaj Finance, Bajaj Finserv, HCL Tech and Infosys.
The stock of India's largest agrochemical player - UPL (formerly United Phosphorus) - fell 2.8 per cent in trade. It was among the top losers in the BSE 100 on Tuesday. Weak 2022-23 (FY23) January-March quarter (fourth quarter, or Q4) performance and muted near-term outlook led to the decline. The company reported lacklustre growth in revenue of 4 per cent on the back of a price reduction of 3 per cent and volume growth of 1 per cent.
The S&P BSE Sensex closed lower by 145.25 points at 25,590.65.
The S&P BSE Sensex surged 217 points to end at 25,736.
The S&P BSE Sensex lost 285 points to end at 25,519.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
The S&P BSE Sensex ended 274 points to trade at 25,036.
The 30-share Sensex ended at 25,638.11, down by 248 points.
A firm opening in the European market uplifted the mood.
Tech Mahindra, the top loser in the Sensex pack, shed over 2.5 per cent. It was followed by UltraTech Cement, Reliance Industries, HCL Tech, HDFC, Kotak Bank, HDFC Bank and TCS. NSE Nifty plunged 179.35 points to 17,745.90.
The 30 share Sensex ended at 25,776 levels, down by 44 points.
The broader markets outperformed the benchmark indices.
As the five states -- Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram -- go to the polls, here is how the big names are faring.
Sun Pharma was the top loser in the Sensex pack, falling over 3 per cent, followed by IndusInd Bank, Bharti Airtel, Kotak Bank, ICICI Bank and HDFC Bank. Nifty fell 59.75 points to 17,829.20.
The 30-share Sensex closed lower by 256 points at 25,610.
Markets will be open from 5.45 pm to 6.45 pm on Wednesday.
The 30-share Sensex ended down 144 points at 26,121.
HDFC Bank was the top loser in the Sensex pack, shedding over 3.5 per cent, followed by Bajaj Finance, L&T, HDFC, Bajaj Finserv, HDFC and Kotak Bank.
The 30-share Sensex ended down 249 points or 0.94% at 26,304 levels.
Among top losers, Reliance Industries (RIL) sank over 4 per cent, after the company shelved a proposed deal to sell a 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco for $15 billion. Other laggards included Bajaj Finance, Bajaj Finserv, NTPC, SBI and Titan.
Broader markets ended mixed, BSE Midcap gained 0.1%.