Markets end in red; bluechips struggle to keep pace.
8 out of 12 sectoral indices closed in red with BSE IT and Healthcare indices losing 0.5%.
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
Sensex, Nifty end the day in red ahaead of F&O expiry.
'The expectation was that Modi would become even bolder in his approach, and after only four months into his second term, we are starting to see evidence of this.'
Among other stocks, IT firm Mphasis today reported a 15.30% increase in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Gains in auto shares helped offset losses in select index heavyweights led by Infosys.
The BSE Mid-Cap index was currently down 1.25%
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
Most Asian stock markets steadied on Wednesday.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
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Markets ended weak tracking the expiry of April derivative contracts.
The 30-share Sensex provisionally ended up 112 points at 28,555 and the 50-share Nifty closed 24 points higher at 8,561 after hitting a record high of 8,626.95.
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
Broader markers outperformed their larger peers.
Rise in crude oil price and rally in global equities aided the sentiment
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
Metals bucked the trend and shone across the board.
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Financials were the top losers after sharp gains in the previous session along with ITC
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Shares of RIL ended 2.4% higher as it pips TCS to become most valued firm
Financials emerged as the top gainers while auto shares rallied on robust September sales
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
Gains were led by index heavyweights Reliance Industries and Infosys.
The Sensex has slid 18.5 per cent from its January 2015 peak.
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