On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
Lupin was the top gainer after the USFDA cleared its Goa facility
From the 30-share pack, Sun Pharma, TCS, Tech Mahindra, NTPC, Wipro, UltraTech Cement, Dr Reddy's Laboratories and Infosys were the major gainers, jumping up to 3.99 per cent. In contrast, Tata Steel, Nestle, Titan Company, PowerGrid, Reliance Industries Limited and State Bank of India were among the laggards.
Markets will remain closed today on account of voting for the general elections in Mumbai constituencies.
If your fund's expense ratio has risen dramatically after Sebi's recent changes, compare it with the category average before switching.
The market's sensitivity to the US Fed's balance sheet changes makes it vulnerable to the possible tapering of the bond buying programme and the resulting stagnation or even shrinkage in the balance sheet.
L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.
If you plan to send your child to the US five years from now and expect the rupee to depreciate five per cent every year, adding US funds to your portfolio might be a good idea, says Ashley Coutinho.
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
The reason for the windfall: the soaring value of their stock awards.
All nine Adani stocks saw a rise in their share price in H1FY23, ranging from 6.1% in case of Adani Ports to 102% in case of Adani Power.
HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by HDFC Bank, Infosys, NTPC, Nestle India, TCS and HUL. NSE Nifty surged 337.80 points to 14,845.10.
HDFC, ONGC, Maruti Suzuki, HeroMoto Corp and Bajaj Auto gained the most on BSE Sensex
Markets opened marginally higher helped by a rebound in index heavyweights
With uncertainty looming large over Indian markets, retail investors can increase their exposure to US funds.
The group companies now lead the market capitalisation league table in sectors such as ports, power generation, gas distribution and transmission, and power transmission and distribution, ahead of incumbents in both public and private sector. This has Gautam Adani family the second wealthiest in business in India.
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
'That the 'I' word is swirling around Washington these days attests to the atmosphere that has taken hold and cannot but have a negative impact on political and economic decision-making,' says Claude Smadja.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
Stocks of companies having operations and exports to Europe were the top losers.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
But Trump is about to announce his candidacy for president in 2024. And it is not clear if Florida Governor Ron DeSantis, the present hero of disenchanted Republicans, or Biden, who says he might seek re-election (but will decide in 2023), can checkmate Trump, notes Shreekant Sambrani.