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.
Maruti Suzuki fell 0.7% even after its March quarter profit grew by 15.8% to Rs 1,709 crore in Q4
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
The markets opened flat on the back of weak Asian cues
NSE Nifty closed at 3544 down 9 points.
The Sensex closed below the 12000 level at 11,970.47 down 100.83 points and the Nifty slipped below 3,450 mark during the day and closed at 3,457 down 35 points.
Sensex ended up 110.10 points at 11,660.79, while Nifty closed up 24 points at 3390.
The markets have opened on a positive note but became volatile soon after
The Nifty gained 22 points to close at 3435. \n
The Sensex closed at 11,706.85 up 87 points. The Nifty gained 25 points to close at 3426.
The markets opened flat on the back of weak Asian cues
The markets closed in the positive terrain after witnessing choppy session during the day. The Sensex closed at 11,572.20 up 40 points.
The markets opened in red on the back of weak global cues
The markets have opened on negative note. At 9:57 am, the Sensex was down 30 points at 11472.
The markets opened strong mirroring the uptrend in Asian markets
The mid- and small-cap indices had a dream run between January 2017 and January 2018 - zooming 48 per cent and 56 per cent, respectively.
Two equity funds at the opposite ends of the risk matrix - small-cap and arbitrage - bucked the 'low inflow' trend in May this calendar year 2023 (CY23) to receive the highest net inflows in recent years. The Rs 3,280-crore net inflows into small-cap schemes in May was the highest for the category since the mutual fund (MF) industry started releasing fund-wise inflow data in April 2019. Arbitrage schemes raked in a net Rs 6,640 crore - the highest since July 2021.
The markets have opened on negative note, as global cues were down.
Nifty lost further ground below the 5400 mark at 5311, down 84 points.
The markets have opened in the positive terrain in line with global peers on account of buying interest seen in construction, pharma, banking and capital goods
At 9:58 am, the Nifty was trading at 3573 up 4 points and the Sensex was trading at 12393 up 26 points.
Companies in the small-cap universe are having a dream run - the Nifty Smallcap 100 index has shot up more than 25 per cent on a year-to-date basis, even as the benchmark Nifty is up 7 per cent. This is the best start for the index since 2017 when the Nifty Smallcap 100 index surged 32.3 per cent between January 1 and May 10. However, in terms of outperformance to the Nifty, this year's performance is the best in more than a decade. A combination of sectoral tailwinds and lack of institutional selling pressure has helped small companies escape from the correction triggered by the second wave of Covid-19.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
Out of 2,939 stocks traded on the BSE, there were 1,438 advancing stocks as against 1,378 declines.
The Sensex, which had soared by around 600 points in the aftermath of the FM's speech, surrendered more than 400 points from intra-day highs and slipped below the 18k mark to end up a mere 122 points at 17823 and the Nifty ended up 30 points at 5333.
The IT index had a cracker of a time to spurt around 2% and emerge as the leading gainer on the BSE.
The markets opened smart but gave up some gains immediately witnessing volatility
The markets opened weak mirroring the global trend. At 9:57 am, the Sensex was trading at 11926 down 44 points and the Nifty was tarding at 3444 down 13 points.
These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.
Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with gains of 24 per cent. So far in 2024, the index is up around 7 per cent against the nearly flat Nifty 50 benchmark index. The IT index has been on a continuous decline in the last three sessions.
The NSE Nifty ended at 6075, up 13 points, thanks to strength in the oil, IT and realty stocks.
The markets opened strong on account of buying seen in select index pivotals
At 11.58 am IST, the Sensex is up 59.24 points or 0.47% at 12682.52, and the Nifty up 8.10 points or 0.22% at 3665.4.
Retail investors now own a bigger slice of small-cap companies than a couple of years earlier, attributable to their growing conviction in mutual fund (MF) schemes focused on this space. Data from Capitaline shows MFs' average holding in the National Stock Exchange Nifty Smallcap 250 rising to 8.67 per cent, from 7.67 per cent in the past two financial years, with the number of companies with over 20 per cent MF holdings, rising from 15 to 24. At the end of May, the top five small-cap firms with the highest MF holdings were Carborundum Universal, Blue Star, Cyient, Gujarat State Petronet, and Cholamandalam Finance.
The markets opened on a strong note due to continued optimism on the back of expected robust third quarter corporate performances
The markets opened in the green on the back of buying interest seen in technology, banks, auto stocks.