Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Sensex climbs higher on favourable global cues.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
Investors turn their attention to export-driven sectors.
Sensex lacklustre, bluechips in focus.
India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
The Sensex ended at a fresh record closing high of 28,889 while Nifty ended at a fresh record closing high of 8,730.
The Nifty had hit its third successive record high of 7,922.70 today.
Many are testing hybrid models including getting small batches to work, rotating staff every week, introducing shifts and allowing certain functions to operate from office in small numbers.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
Maruti Suzuki is set to steer its fourth brand into 2 million club. The numbers convey a sense of the contribution that WagonR makes to Maruti Suzuki.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
Maruti is trying to move up the segment by focusing on premium cars, SUVs and even trucks.
IT and pharma companies again save the day; mask pain in domestic consumption.
If you are a frequent traveller, then you should opt for a multi-trip travel plan because it works out to be cheaper.
The Aam Aadmi Party (AAP) has to deal with 3 powerful enemies: the media, the political establishment, and business houses.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
Budget in the medium term aims to kick-start the investment cycle.
'What motivated us was that a lot of people, especially youngsters, had a negative image about India.'
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
Premiumisation, improving demand aid realisation growth at most large firms
Can a stronger platform, an all-new design, a more powerful engine and an extended feature list make the third-gen WagonR a better car than its rivals? Let's find out
The new Santro, with a premium feel, is proof that when it comes to offering latest features and with it design at competitive prices, small cars are no longer shying away from entering a territory once occupied only by larger models, says Pawan Lall.
Investors remain cautious ahead of F&O expiry.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Figo Aspire has got all the flavours that put it in a good position amid rivals
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
Godrej and some other firms are frustrated at what they say is the slow execution of projects and lack of government support, which are hampering India's efforts to compete with China and Russia as a cheaper option for launching satellites.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
