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
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.
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.
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 stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
NTPC, Sun Pharma Coal India and Asian Paints were among top losers on BSE Sensex
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. These stocks account for 94 per cent of India's total market capitalisation.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
The progress of the GST Bill in Parliament is also likely to remain in focus
The market breadth, indicating the overall health of the market was strong
Top losers in the Sensex pack included TCS, Yes Bank, ITC, Sun Pharma, Reliance, Coal India, Asian Paints, SBI, Maruti, HUL, HCL Tech and ICICI Bank, falling up to 2.91 per cent.
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.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
Financials are the top gainers along with index heavyweights.
The Sensex and the Nifty had touched a low of 27,921 and 8,349 respectively.
The 30-share S&P BSE Sensex ended up 130 points at 25,400 and the Nifty50 rose 46 points to close at 7,759.
Bank stocks rose sharply by up to 12 per cent after the government's move to withdraw 500 and 1,000 rupee notes from circulation as part of black money crack down
TCS was the biggest loser in the Sensex pack, sliding 3.17 per cent, followed by HCL Tech, Yes Bank, IndusInd Bank, RIL, ICICI Bank, Infosys, Tata Steel, Kotak Bank and L&T, down up to 2.34 per cent.
Investors will remain cautious ahead of F&O expiry.
TCS and Infosys were the top losers in the Sensex pack, falling up to 3.39 per cent.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
Operator syndicate could be behind stock hammering, suspects regulator.
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