News for 'NSE Midcap'

Sensex, Nifty end flat after choppy trade

Sensex, Nifty end flat after choppy trade

Rediff.com18 Jun 2021

ONGC was the top loser in the Sensex pack, shedding around 4 per cent, followed by NTPC, PowerGrid, M&M, Nestle India, SBI and HCL Tech. On the other hand, HUL, Bajaj Auto, Bharti Airtel, Bajaj Finserv were among the gainers.

Sensex reclaims 60,000-mark as bulls tighten grip

Sensex reclaims 60,000-mark as bulls tighten grip

Rediff.com17 Aug 2022

The BSE Sensex maintained its winning run for the fourth session on the trot on Wednesday to reclaim the 60,000-level after a gap of over four months as investors remained upbeat amid softening crude oil prices and persistent foreign fund inflows. A strengthening rupee and positive Asian markets further bolstered sentiment, traders said. The 30-share BSE benchmark jumped 417.92 points or 0.70 per cent to settle at 60,260.13 -- closing above the psychologically key 60,000-mark for the first time since April 5 this year.

Sensex, Nifty log best single-day gains in 7 weeks

Sensex, Nifty log best single-day gains in 7 weeks

Rediff.com17 May 2021

IndusInd Bank was the top gainer in the Sensex pack, rallying over 7 per cent, followed by SBI, ICICI Bank, HDFC twins, Axis Bank, Bajaj Finserv and UltraTech Cement. NSE Nifty soared 245.35 points to 14,923.15.

'It's advantage bulls for the near-term'

'It's advantage bulls for the near-term'

Rediff.com29 Nov 2022

'New record for the Nifty50 is only a question of when.'

Markets end in red; RIL, HDFC twins top drags

Markets end in red; RIL, HDFC twins top drags

Rediff.com10 Oct 2022

Equity indices chalked up losses for the second straight session on Monday, in tandem with a bearish trend overseas as ratcheting up of hostilities in Ukraine and prospects of further rate hikes by the US Fed soured global risk sentiment. The rupee slipping to another all-time low against the US dollar amid foreign fund outflows added to the gloom, traders said. After tumbling over 800 points in intra-day trade, the 30-share BSE Sensex clawed back some lost ground to end 200.18 points or 0.34 per cent lower at 57,991.11.

Brace for broad-based market rally

Brace for broad-based market rally

Rediff.com14 May 2019

Investors may increase exposure to mid and small-cap stocks as their risk-reward profile is more attractive currently, suggest Nitin Singh and Vinay Joseph.

Sensex pares losses; finally ends down 581 pts on weak global cue

Sensex pares losses; finally ends down 581 pts on weak global cue

Rediff.com27 Jan 2022

HCL Tech was the top loser in the Sensex pack, skidding over 4 per cent, followed by Tech Mahindra Dr Reddy's, Wipro, TCS, Titan and Infosys. NSE Nifty plunged 167.80 points to 17,110.15.

Sensex pares early gains, ends own 188 points

Sensex pares early gains, ends own 188 points

Rediff.com29 Sep 2022

Benchmark indices failed to hold on to early gains and closed in the red for the seventh straight session on Thursday, with participants remaining in wait-and-watch mode ahead of the RBI's interest rate decision. Unabated selling by foreign funds added to the pressure, though a modest recovery in the rupee cushioned the fall, traders said. After rallying in early trade, the 30-share BSE Sensex came under selling pressure in the afternoon session and closed 188.32 points or 0.33 per cent lower at 56,409.96.

Sensex ends in red for 3rd straight day; sheds 67 pts

Sensex ends in red for 3rd straight day; sheds 67 pts

Rediff.com30 Jun 2021

PowerGrid was the top loser in the Sensex pack, shedding over 1 per cent, followed by Bajaj Finserv, ICICI Bank, HDFC, NTPC, HUL and L&T. On the other hand, Infosys, Reliance Industries, Nestle India and Martui were among the gainers.

Sensex rises 145 points to scale fresh peak

Sensex rises 145 points to scale fresh peak

Rediff.com16 Aug 2021

Tata Steel was the top gainer in the Sensex pack, rallying nearly 4 per cent, followed by Bajaj Finance, M&M, Bajaj Finserv and Reliance Industries. NSE Nifty advanced 33.95 points to a fresh high of 16,563.05.

Sensex recovers smartly, ends up 246 points

Sensex recovers smartly, ends up 246 points

Rediff.com19 Jul 2022

Equity indices overcame a wobbly start to clock gains for the third session on the trot on Tuesday, propped up by banking, metal and energy stocks amid a mixed trend in global markets. A recovery in the rupee also bolstered sentiment, traders said. The 30-share BSE Sensex advanced 246.47 points or 0.45 per cent to settle at 54,767.62 after starting the trade on a weak note. In a volatile session, the benchmark hit a high of 54,817.52 and a low of 54,232.82 during the day.

Current bear market is a tough phase for stock pickers

Current bear market is a tough phase for stock pickers

Rediff.com19 Mar 2019

There is little sense in trying to find stocks that will not be vulnerable in a situation where 87% of the market is trending down and India is getting set for a crucial election, says Devangshu Datta.

Sensex snaps 5-day rally, ends down 652 points

Sensex snaps 5-day rally, ends down 652 points

Rediff.com19 Aug 2022

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.

Sensex drops 132 pts after RBI policy; banking stocks drag

Sensex drops 132 pts after RBI policy; banking stocks drag

Rediff.com4 Jun 2021

Nestle India was the top laggard in the Sensex pack, shedding around 2 per cent, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy's. NSE Nifty slipped 20.10 points to 15,670.25.

Markets soar for 5th straight day; Sensex rallies 553 pts

Markets soar for 5th straight day; Sensex rallies 553 pts

Rediff.com6 Nov 2020

Reliance Industries was the top gainer in the Sensex pack, surging over 3 per cent, followed by Bajaj Finserv, IndusInd Bank, HDFC twins and Kotak Bank. NSE Nifty surged 143.25 points or 1.18 per cent to 12,263.55.

Markets surrender early gains as metal stocks crack

Markets surrender early gains as metal stocks crack

Rediff.com23 May 2022

Equity indices frittered away a good start to close with modest losses on Monday, pressured by heavy selling in metal stocks after the government imposed export duties on steel-making raw materials to curb soaring prices. The 30-share BSE Sensex opened strong and gained momentum as the session progressed, but came under severe selling pressure in afternoon trade to close 37.78 points or 0.07 per cent lower at 54,288.61. On similar lines, the broader NSE Nifty slipped 51.45 points or 0.32 per cent to end at 16,214.70.

Nifty spurts to record high amid F&O expiry

Nifty spurts to record high amid F&O expiry

Rediff.com27 May 2021

SBI was the top gainer in the Sensex pack, jumping around 3 per cent, followed by Kotak Bank, Axis Bank, Bajaj Auto, Tech Mahindra, UltraTech Cement and PowerGrid. NSE Nifty rose 36.40 points to 15,337.85.

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Rediff.com30 Sep 2022

Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming under control from January next year. A strong recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex soared 1,016.96 points or 1.80 per cent to settle at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63.

Sensex sinks 486 pts led by losses in index majors

Sensex sinks 486 pts led by losses in index majors

Rediff.com8 Jul 2021

Tata Steel was the top loser in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ICICI Bank, SBI, Kotak Bank and Dr Reddy's. NSE Nifty dropped 151.75 points to 15,727.90.

Mkt falls for 5th day: Investors poorer by over Rs 19.50 lakh cr

Mkt falls for 5th day: Investors poorer by over Rs 19.50 lakh cr

Rediff.com24 Jan 2022

Investors have become poorer by a massive Rs 19,50,288.05 crore as equity market sell-offs continued for the fifth day in a row on Monday. The BSE Sensex plunged 1,545.67 points or 2.62 per cent to settle at 57,491.51 on Monday, while, the NSE Nifty slumped 468.05 points or 2.66 per cent to settle at 17,149.10. This is the steepest single-day drop for the indices in about two months. Over the last five sessions, the 30-share Sensex has tumbled 3,817.4 points or 6.22 per cent.

Losses in index majors drag Sensex by 678 points

Losses in index majors drag Sensex by 678 points

Rediff.com29 Oct 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries. NSE Nifty fell 185.60 points to 17,671.65.

Sensex slides again, loses 2778 pts in four days

Sensex slides again, loses 2778 pts in four days

Rediff.com15 Jun 2022

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.

Sensex ends in red for 4th day; bank stocks buck trend

Sensex ends in red for 4th day; bank stocks buck trend

Rediff.com11 May 2022

The Sensex and Nifty spiralled lower for the fourth session on the trot on Wednesday as investors remained on edge ahead of US inflation data, which will give clues on the Federal Reserve's policy tightening trajectory. Unabated selling by foreign institutional investors and a jump in crude prices also weighed on sentiment, traders said. Despite a firm start, the 30-share BSE Sensex failed to carry forward the momentum and ended at 54,088.39, lower by 276.46 points or 0.51 per cent. During the day, it tumbled 845.55 points to 53,519.30.

Sensex ends lower for 3rd day; Tata Steel tanks 6.95%

Sensex ends lower for 3rd day; Tata Steel tanks 6.95%

Rediff.com10 May 2022

Equity indices failed to hold on to their gains in see-saw trade on Tuesday, ending in the red for the third straight session despite a tentative recovery in global equities. The rupee too bounced back from historic lows, but the overall sentiment remained risk-averse amid concerns over economic recovery in a high interest rate scenario. The 30-share BSE Sensex had a choppy start but gained momentum in mid-session trade. However, it succumbed to selling pressure towards the fag end to close 105.82 points or 0.19 per cent lower at 54,364.85. On similar lines, the broader NSE Nifty declined 61.80 points or 0.38 per cent to finish at 16,240.05.

Investors lose Rs 3.7 lakh crore as bears pull down Sensex

Investors lose Rs 3.7 lakh crore as bears pull down Sensex

Rediff.com22 Feb 2021

Investor wealth slumped by Rs 3.7 lakh crore on Monday, as the equity market recorded its biggest single-day fall in two months.

Sensex snaps 4-day losing streak; ends up428 points

Sensex snaps 4-day losing streak; ends up428 points

Rediff.com9 Jun 2022

Powered by a rally in index heavyweight Reliance Industries, equity benchmark Sensex broke its four-session losing run to close above the 55,000-mark on Thursday despite a weak trend overseas. Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off. However, a depreciating rupee and persistent foreign fund outflows capped the gains, traders said. Overcoming a lacklustre start, the 30-share BSE Sensex surged 427.79 points or 0.78 per cent to close at 55,320.28.

Sensex pares gains; ends down 237 points

Sensex pares gains; ends down 237 points

Rediff.com13 Apr 2022

Equity indices gave up early gains to close in the red for the third session on the trot on Wednesday, weighed by selling in banking and finance counters amid inflationary pressures and persistent foreign fund outflows. A weak rupee and lacklustre global cues also kept buying sentiment in check, traders said. The 30-share BSE Sensex opened on a firm footing but failed to hold on the momentum, finishing 237.44 points or 0.41 per cent lower at 58,338.93. On similar lines, the broader NSE Nifty dipped 54.65 points or 0.31 per cent to close at 17,475.65.

Sensex halts 3-day decline, rebounds over 500 pts amid F&O expiry

Sensex halts 3-day decline, rebounds over 500 pts amid F&O expiry

Rediff.com26 May 2022

Equity benchmarks mustered gains for the first time this week on Thursday as investors piled into the recently-battered metal, bank and IT stocks amid expiry of monthly derivative contracts. Snapping its three-session losing streak, the 30-share BSE Sensex rallied 503.27 points or 0.94 per cent to settle at 54,252.53. On similar lines, the broader NSE Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15.

JP Morgan downgrades Indian IT sector to 'underweight'

JP Morgan downgrades Indian IT sector to 'underweight'

Rediff.com20 May 2022

JP Morgan has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over. Rising margin headwinds in the near-term and the revenue headwinds in the medium-term from a potential macro slowdown, Ankur Rudra and Bhavik Mehta of JP Morgan said in the report, will mean that the sector's earnings upgrade cycle is behind. "We see peak revenue growth behind us and earnings before interest and taxes (EBIT) margins trending down from inflation, mean revision.

Sensex soars 500 points; Nifty at 11-month high

Sensex soars 500 points; Nifty at 11-month high

Rediff.com11 Jul 2016

Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.

Sensex breaches 51,000; biggest single-day rise since Feb 2

Sensex breaches 51,000; biggest single-day rise since Feb 2

Rediff.com3 Mar 2021

Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60.

Sensex extends losses; RIL tumbles post Q4 show

Sensex extends losses; RIL tumbles post Q4 show

Rediff.com9 May 2022

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.

Heavyweights Infy, RIL, HDFC drag Sensex down by 323 pts

Heavyweights Infy, RIL, HDFC drag Sensex down by 323 pts

Rediff.com24 Nov 2021

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.

Sensex, Nifty snap 6-session winning run; end marginally lower

Sensex, Nifty snap 6-session winning run; end marginally lower

Rediff.com9 Feb 2021

M&M was the top laggard in the Sensex pack, shedding around 4 per cent, followed by Bajaj Finance, ITC, Sun Pharma, Bajaj Auto, Bajaj Finserv and TCS. On the other hand, Asian Paints, ONGC, Titan, L&T and Axis Bank were among the gainers.

Markets end lower as investors turn cautious

Markets end lower as investors turn cautious

Rediff.com8 Apr 2019

In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.

When bears came calling, Sensex tanked 1,145 points

When bears came calling, Sensex tanked 1,145 points

Rediff.com22 Feb 2021

Dr Reddy's was the top loser in the Sensex pack, shedding around 5 per cent, followed by M&M, Tech Mahindra, Axis Bank, IndusInd Bank and TCS. NSE Nifty sank 306.05 points to finish at 14,675.70.

Sensex slides by 135 points as markets fall for 6th straight day

Sensex slides by 135 points as markets fall for 6th straight day

Rediff.com17 Jun 2022

Market benchmarks gave up intra-day gains to close in the red for the sixth session on the trot on Friday, capping a bruising week which saw a massive dash for safety amid rate hikes by global central banks and fears of slowing growth.

Sensex rallies 364 points on gains in IT, auto stocks

Sensex rallies 364 points on gains in IT, auto stocks

Rediff.com2 Aug 2021

Titan was the top gainer in the Sensex pack, rising over 3 per cent, followed by M&M, Reliance Industries, Axis Bank, TCS, Maruti and Infosys. NSE Nifty surged 122.10 points to 15,885.15.

Sensex, Nifty close at lifetime highs

Sensex, Nifty close at lifetime highs

Rediff.com7 Jun 2021

PowerGrid was the top gainer in the Sensex pack, rallying over 4 per cent, followed by NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank.

Bank stocks, global markets lift Sensex by 139 points

Bank stocks, global markets lift Sensex by 139 points

Rediff.com23 Jul 2021

ICICI Bank was the top gainer in the Sensex pack, rising over 3 per cent, followed by ITC, SBI, HCL Tech, Axis Bank, Bajaj Finserv and Tech Mahindra. NSE Nifty advanced 32 points to 15,856.05.