ICICI Bank and HDFC Bank help the upmove.
Bajaj Auto was the top gainer in the Sensex pack, surging around 7 per cent, followed by Bajaj Finance, Bajaj Finserv, Kotak Bank, PowerGrid and Axis Bank. On the other hand, ONGC, HDFC, TCS and Reliance Industries were among the laggards.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
At first glance, the numbers show a mixed trend.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
The latest circular from BSE that sought to cap the price movement of select scrips, especially the mid-, small-cap segments, traded on the exchange is not without a reason. A quick calendar year-to-date price check on the stocks from the categories put under 'Add-on Price Band Framework' by the BSE reveals a total of 210 stocks have seen their market price more than double. Among individual stocks, SC Agrotech, Adinath Textiles, Waaree Renewable Technologies, Steel Strips Infrastructure, Unistar Multimedia, Texel Industries, Raja Bahadur International and Hindustan Everest Tools from the BSE's X and XT group have rallied over 500 per cent during this period. Topping the charts is Gita Renewable Energy, which has zoomed 3,964 per cent to Rs 272.35 now from Rs 6.7 as on December 31, 2020.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
Benchmark share indices ended lower on Friday dragged by rate-sensitive shares as hopes of a rate cut remained elusive after better-than-expected Apr-Jun GDP data. Selling pressure in index heavyweight Reliance Industries also dampened sentiment.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%
Participants are keenly waiting for the January IIP.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Caution prevailed across the bourses ahead of the Union Budget.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
TCS, ICICI Bank, Sun Pharma,Tata Motors and HDFC among the top losers for the day
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Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The BSE Smallcap and Midcap indices, however, finished with gains of over 1% each at 9472 and 12,195, respectively.
The NSE Nifty ended at 5,961, down 13 points. The BSE Midcap and Smallcap indices gained over 1% each at 9117 and 11,531, respectively. The market breadth was extremely bullish - out of 2,903 scrips traded, 2,060 logged gains.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
The Sensex witnessed a great bull run on Monday.
The markets have opened on a lacklustre note in the absence of major cues from the US markets that were closed on account of Independence Day holiday. The Sensex is down 15 points at 17,448. Nifty is flat at 5299.
Nifty PSU Bank index gained 1% led by Allahabad Bank, Andhra Bank, Syndicate Bank and IDBI Bank
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
The markets opened in deep green in line with its Asian peers on the back of selling pressure witnessed across the board
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
Bajaj Finance was the top loser, tumbling 4.68 per cent, followed by Tech Mahindra, IndusInd Bank, ICICI Bank, SBI, Reliance Industries, Bharti Airtel and HCL Tech. NSE Nifty crashed 290.70 points or 2.43 per cent to 11,680.35.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
The Sensex finally closed with a huge loss of 271 points (1.3%) at 20,104. The Nifty lost 101 points to close at 6,058.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The NSE Nifty ended at 5,695, up 78 points. All the sectoral indices, too, finished with sharp gains today. The BSE Bankex zoomed 352 points (3.5%) to 10,538. The BSE MidCap Index gained 168 points (2.1%) to 8114.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.