BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
The progress of the GST Bill in Parliament is also likely to remain in focus
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
The S&P BSE Sensex plunged 128 points to end at 25,102.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
Participants are keenly waiting for the January IIP.
Gains were led by index heavyweights with Reliance Industries contributing the most.
Asian shares ended higher after a string of positive US economic data.
The Survey shows fiscal consolidation despite slowdown in growth.
The market breadth, indicating the overall health of the market turned negative from positive
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
BSE Auto index fell over 0.5% after reports that automobiles might get costlier post GST
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Financials and auto stocks were the top losers while energy and IT shares recovered
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
The BSE Mid-Cap index was currently down 1.25%
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Sensex surged 486 points or 1.9%.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Markets ended weak tracking the expiry of April derivative contracts.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
Demonetisation impact, earnings growth, central bank policies will get attention.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
Financials were the top losers after sharp gains in the previous session along with ITC
Technical rallies and short covering may arise only if the markets break this 500 point band
