Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Sustained selling in technology and select stocks saw the index slip to a low of 20,662 -- down 324 points from the day's high. The Smallcap Index advanced 1.4% to 12,869, and the Midcap Index added 1% to 9537.
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
Satyam, Reliance Communications and Bharti Airtel declined 1.7% each to Rs 451, Rs 731 and Rs 966, respectively.
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.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
The NSE Nifty too closed up 20 points at 3523.
In the Sensex pack, Hero MotoCorp, IndusInd Bank, Bajaj Auto, Maruti and M&M were the top gainers, spurting up to 2.66 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Tech Mahindra was the top loser in the Sensex pack, crashing over 9 per cent, followed by Kotak Bank, Axis Bank, TCS, Infosys and HUL. On the other hand, Hero MotoCorp, Bajaj Auto, Bajaj Finance and Titan were the gainers.
Nifty PSU Bank index gained 1% led by Allahabad Bank, Andhra Bank, Syndicate Bank and IDBI Bank
The breadth, indicating the overall health of the market, turned negative from positive
The Sensex finally closed with a gain of 338 points (1.70%) at 20,193. The Nifty gained 86 points to close at 6,071.
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.
The markets continue to trade at the higher level on the back of buying in scrips across sectors
The markets opened flat but have moved northwards on buying seen in select index pivotals
The markets have opened on positive note despite of worries in Middle East countries and mixed trade in Asian markets
The Nifty gained 62 points to close at 3,178.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
NTPC was the top gainer among the Sensex stocks, rising by 3.53 per cent. Coal India, ONGC and Sun Pharma also rose up to 2.41 per cent.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
After a positive opening, the 30-share BSE Sensex suddenly faced selling pressure in late-afternoon trade. It finally settled just 5.67 points, or 0.01 per cent, lower at 39,586.41.
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
The progress of the GST Bill in Parliament is also likely to remain in focus
NTPC, Sun Pharma Coal India and Asian Paints were among top losers on BSE Sensex
The Sensex witnessed a great bull run on Monday.
The Sensex opened on a steady note at 7,747 as against the last close of 7,745.
The Sensex opened with a positive gap of 34 points at 7,815, and touched a high of 7,846 in early noon deals.
The market breadth, indicating the overall health of the market was strong
