Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
The record breaking spree was led by index heavyweights, financials and metal stocks.
Tata Motors was the top gainer on better-than-expected June quarter revenues
Oil tanked to a 7-year low as OPEC decided to maintain production.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
India's GDP for the three-month period ended September 30 grew 7.4%.
Sensex is trading firm; FMCG, real estate going strong.
Sensex,Nifty to remain under pressure through the week.
'Allocate 30% to 35% of your equity portfolio to mid-cap funds and 10% to 15% to small-cap funds.'
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
.jpg)
The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
The 30-share Sensex ended in the red.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
Gains were led by Tata Motors amid robust sales in June along with select financials.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Earning woes drag markets lower; TCS, HUL lead fall.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
Investors will maintain a cautious stance.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Five stocks - Havells, NCC, Suzlon, Blue Star and Crompton Greaves look most attractive after the recent course correction.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
The rupee fell to a two-year low of 64.84 against the US dollar.
Oil and select auto heavyweights bore the brunt of selling pressure; ONGC, RIL, Tata Motors, M&M key losers.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
The positive bias was aided by metal, realty and auto indices
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
The recovery was led by pharma majors led by Dr Reddy's Labs.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances