The Indian market closed in the red for the fourth straight session on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 600 points while the Nifty50 was down 183 points to close at 22,704. Sectorally, buying was seen in utilities, power, healthcare, and telecom stocks while IT, oil & gas and banks … Read more
The Indian market hit a fresh record high on Thursday amid short covering following RBI’s record dividend payout to the government that could lead to better fiscal position and softer bond yields. The S&P BSE Sensex rose nearly 1,200 points to hit a record high of 75,499 while the Nifty50 closed at 22,967. “There was … Read more
Indian market bounced back on Friday after closing lower on the Interim Budget Day. The S&P BSE Sensex rose more than 400 points while the Nifty50 closed above 21800 levels. Sectorally, buying was seen in oil & gas, energy, metal, and public sector stocks while selling was seen in the telecom and banking space. Stocks … Read more
The Indian market witnessed mild profit booking on Tuesday after closing in the green for the past 5 consecutive sessions. The S&P BSE Sensex fell over 150 points while the Nifty50 closed above 22,000. Sectorally, buying was seen in metal, oil & gas, consumer durable and FMCG while utilities, power, and realty stocks saw some … Read more
The Indian market closed in the green for the second consecutive day. The S&P BSE Sensex rose more than 170 points, while the Nifty50 closed above 21,700 levels. However, on a weekly basis, Nifty50 closed flat with a negative bias for the week ending January 5, 2024. Sectorally, buying was seen in IT, capital goods, … Read more
The Indian market closed in the green for the second consecutive day on Friday, tracking positive global cues. The S&P BSE Sensex rose more than 200 points, while the Nifty50 closed above the 21,300 mark on Friday. Sectorally, buying was seen in realty, IT, metal, auto, and healthcare stocks, while selling pressure was seen in … Read more
Indian market closed flat with a negative bias for the second consecutive day in a row on Friday. The Nifty50 closed below 19800 levels. Sectorally, buying was seen in capital goods, utilities, healthcare, and banks while selling was seen in IT, FMCG, oil & gas and consumer durables. Stocks that were in focus include names … Read more
Indian market bounced back on Tuesday after falling for two straight days. The S&P BSE Sensex rose over 270 points while the Nifty50 closed above 19750 levels. Sectorally, buying was seen in consumer durables, realty, healthcare and auto stocks while energy, public sector and oil & gas stocks saw some selling pressure on Tuesday. Stocks … Read more
Indian market closed in the red for the second day in a row on Monday. The S&P BSE Sensex fell by over 100 points while the Nifty50 closed below 19700 levels. Sectorally, buying was seen in IT, telecom, healthcare and public sector stocks while selling was seen in auto, utilities, capital goods, and FMCG stocks. … Read more
Indian market closed in the green for the sixth day in a row on Friday. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 19800 levels. Sectorally, buying was seen in infra, realty, public sector, and oil & gas stocks while selling was seen in healthcare and FMCG space. Stocks … Read more