Tag: bse/nse share price

  • Share Market Today News: Sensex rallies over 850 factors in opening offers, Nifty above 18,250-mark on constructive world cues

    Stock Market New Today, Sensex, Nifty Share Price Live Today, November 11, 2022: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) opened over 1 per cent larger on Friday monitoring cues from their world friends which rose after a smaller-than-expected improve in US client costs fuelled hopes that the Federal Reserve may tone down its aggressive tempo of rate of interest hikes.

    At 9:15 am, the S&P BSE Sensex was buying and selling at 61,491.88, up 878.18 factors (1.45 per cent) whereas the Nifty 50 was up 257.50 factors (1.43 per cent) at 18,285.70.

    All the Sensex elements had been buying and selling larger within the early commerce on Friday. Gains within the early offers had been led by Infosys, Wipro, Tech Mahindra, Tata Steel, HCL Technologies and IndusInd Bank.

    Commenting in the marketplace, V Ok Vijayakumar, Chief Investment Strategist at Geojit Financial Services stated, “It was well known that the crucial US inflation numbers for October will sway the market either up or down depending on the trajectory of inflation. Now that the inflation print – both CPI and core- has come below expectations, the direction of the markets is a foregone conclusion. The numbers speak for themselves – Nasdaq is up by 7.35 per cent, S&P is up by 5.5 per cent, the dollar index has crashed to 108.3 and the US 10-year yield has dived to 3.8 per cent. Since the CPI and core print indicate moderation of inflation, it is probable that the Fed might pause after one more hike of 50 bps. This is good news for global equity markets.”

    “Since dollar is weakening, FIIs are likely to increase their buying and with Monthly SIP figure crossing Rs13,000 crores, DIIs too will have to deploy the inflows. In brief, it is Advantage Bulls for the near- term. New record for the Nifty is only a question of when,” he added.

    Global Markets (from Reuters)

    Asian shares spiked larger on Friday, whereas the greenback nursed steep losses after a smaller-than-expected improve in US client costs fuelled hopes that the Federal Reserve may tone down its aggressive tempo of rate of interest hikes.

    MSCI’s broadest index of Asia-Pacific shares outdoors Japan jumped 3.72 per cent. Australia’s S&P/ASX 200 index climbed 2.43 per cent and Japan’s Nikkei rose 3 per cent. The US client value index climbed 7.7 per cent yr on yr – the primary time since February that the annual improve was under 8 per cent, and the smallest acquire since January. Overnight, the S&P 500 and Nasdaq notched up their greatest each day proportion positive aspects in over 2-1/2 years on the info.

    Mainland China shares opened 2.1 per cent larger, whereas Hong Kong shares shot up 6.5 per cent in early commerce. China shares have had a turbulent few weeks – sliding on outbreaks of COVID-19, the following lockdowns in addition to feeble financial knowledge, but in addition surging sporadically on hopes of an eventual financial reopening.

  • Share Market Today News: Indices fall for the second straight day, Sensex crashes 420 factors on weak international cues

    Stock Market New Today, Sensex, Nifty Share Price Live Today, November 10, 2022: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) ended decrease for the second consecutive day, falling round 0.7 per cent on Thursday weighed by market heavyweight Reliance Industries (RIL) and Axis Bank amid weak spot within the international market.

    The S&P BSE Sensex fell 419.85 factors (0.69 per cent) to finish at 60,613.70 whereas the Nifty 50 declined 128.80 factors (0.71 per cent) to settle at 18,028.20. Both the indices had opened round 0.5 per cent decrease earlier within the day and slipped additional because the session progressed with the Sensex touching an intraday low of 60,425.47 and the broader Nifty hitting 17,969.40.

    As many as 24 out of the 30 Sensex elements ended within the purple on Thursday. Axis Bank was the worst performer of the day adopted by Bajaj Finserv, Titan Company, Mahindra & Mahindra (M&M), Bajaj Finance, IndusInd Bank, Power Grid Corporation of India, State Bank of India (SBI) and Maruti Suzuki India. In distinction, HDFC Bank, Bharti Airtel, Kotak Mahindra Bank, Dr. Reddy’s Laboratories, Hindustan Unilever and Housing Development Finance Corporation (HDFC) had been the one gainers.

    All sectoral indices on the NSE ended decrease on Thursday. Nifty Auto index declined 1.95 per cent, Nifty PSU Bank fell 1.28 per cent and Nifty Consumer Durables slipped 1.18 per cent.

    In the broader market, the S&P BSE MidCap fell 261.08 factors (1.02 per cent) to settle at 25,427.98 and the S&P BSE SmallCap declined 307.66 factors (1.05 per cent) to finish at 28,889.48.

    “Following sluggish global markets, the cautious mood persisted in the domestic market. Losses on the Dalal Street were led by profit booking in auto and PSU banks, while selling in mid and small caps followed the trend. Investors around the globe are awaiting US inflation data, which is expected to slow for the fourth month, which can have a positive lead,” mentioned Vinod Nair, Head of Research at Geojit Financial Services.

    Global Markets (from AP)

    Global inventory markets fell on Thursday forward of a US inflation replace that may seemingly affect Federal Reserve plans for extra rate of interest hikes as buyers waited to see who will management Congress after this week’s elections. London, Shanghai, Frankfurt and Tokyo declined. US futures had been larger.

    In early buying and selling, the FTSE 100 in London was 0.1 per cent decrease at 7,285.86. The DAX in Frankfurt misplaced 0.1 per cent to 13,647.47 and the CAC 40 in Paris shed 0.2 per cent to six,417.98. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average had been up 0.3 per cent.

    In Asia, Hong Kong’s Hang Seng index fell 1.7 per cent to 16,081.04 and the Nikkei 225 in Tokyo sank 1 per cent to 27,446.10. The Shanghai Composite Index misplaced 0.4 per cent to three,036.13. The Kospi in Seoul declined 0.9 per cent to 2,407.70 and Sydney’s S&P-ASX 200 was off 0.5 per cent at 6,964.00.

  • Share Market Today News: Indices snap two-session gaining streak; Sensex ends 152 factors decrease

    Stock Market New Today, Sensex, Nifty Share Price Live Today, November 9, 2022: The frontline fairness indices snapped their two-session gaining streak and ended 0.25 per cent decrease on Wednesday weighed by market heavyweights ICICI Bank and Reliance Industries (RIL).

    The S&P BSE Sensex fell 151.60 factors (0.25 per cent) to finish at 61,033.55 whereas the Nifty 50 declined 45.80 factors (0.25 per cent) to settle at 18,157.00. Both the indices had opened round 0.2 per cent greater earlier within the day however slipped within the crimson through the late morning offers.

    On the Sensex pack, Power Grid Corporation of India, Tech Mahindra, Sun Pharmaceutical Industries, Hindustan Unilever (HUL), NTPC, Mahindra & Mahindra (M&M), Bajaj Finserv, ExtremelyTech Cement, Larsen & Toubro (L&T), Titan Company, ICICI Bank and Maruti Suzuki India had been the highest losers on Wednesday. On the opposite hand, ITC, Dr. Reddy’s Laboratories, IndusInd Bank, HCL Technologies, Kotak Mahindra Bank and Infosys ended within the inexperienced.

    On the sectoral entrance, the Nifty Realty index fell 1.37 per cent, Nifty Healthcare index declined 1.22 per cent, Nifty Pharma slipped 1.14 per cent and Nifty Metal dipped 0.93 per cent.

    In the broader market, the S&P BSE MidCap index slipped 134.68 factors (0.52 per cent) to shut at 25,689.06 and the S&P BSE SmallCap declined 95.42 factors (0.33 per cent) to finish at 29,197.14. On NSE, the volatility index or India VIX rose 2.11 per cent to fifteen.92.

    Global Markets (from AP)

    World shares had been largely decrease on Wednesday as buyers awaited the result of the US midterm elections and a serious inflation replace due Thursday. Benchmarks fell in London, Paris, Frankfurt and Tokyo. Chinese shares declined after weak inflation information supplied additional proof of weakening demand on this planet’s second-largest economic system. US futures additionally declined.

    Early Wednesday, Germany’s DAX had fallen 0.8 per cent to 13,584.82 and the CAC 40 in Paris was 0.5 per cent decrease, at 6,412.25. Britain’s FTSE 100 shed 0.3 per cent to 7,281.54. The futures for the S&P 500 and Dow industrials had been down lower than 0.3 per cent.

    In Asian buying and selling, Tokyo’s Nikkei 225 index slipped 0.6 per cent to 27,716.43 after the Cabinet on Tuesday accepted a 29.1 trillion yen ($190 billion) supplementary price range to fund deliberate financial stimulus for the world’s third-largest economic system. Hong Kong’s Hang Seng misplaced 1.2 per cent to 16,358.52 and the Shanghai Composite index shed 0.5 per cent to three,048.17. In Seoul, the Kospi gained 1.1 per cent to 2,424.41, whereas Australia’s S&P/ASX 200 rose 0.6 per cent to six,999.30.

  • Share Market Today News: Indices snap two-day shedding streak, Sensex positive aspects 114 factors aided by RIL

    Stock Market New Today, Sensex, Nifty Share Price Live Today, November 4, 2022: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) snapped their two-day shedding streak and ended greater on Friday aided by market heavyweight Reliance Industries (RIL).

    The S&P BSE Sensex rose 113.95 factors (0.19 per cent) to finish at 60,950.36 whereas the Nifty 50 gained 64.45 factors (0.36 per cent) to settle at 18,117.15. Both the indices had opened on a optimistic notice earlier within the day and traded in a variety with damaging bias by means of bulk of the session swinging between optimistic and damaging territory.

    On the Sensex pack, Bajaj Finserv, UltraTech Cement, Tata Steel, State Bank of India (SBI), RIL, Asian Paints and Bajaj Finance have been the highest gainers on Friday whereas Dr. Reddy’s Laboratories, Infosys, Hindustan Unilever (HUL), NTPC, HDFC Bank, and Power Grid Corporation of India have been the highest losers.

    Among sectoral indices on NSE, the Nifty Metal index rallied 4.21 per cent, Nifty Media rose 1.07 per cent, Nifty PSU Bank gained 1.04 per cent and Nifty Oil & Gas inched 0.85 per cent.

    In the broader market, the S&P BSE MidCap index ended little modified at 25,647.07 whereas the S&P BSE SmallCap inched 118.95 factors (0.41 per cent) to shut at 29,107.24.

    “The Bank of England in its policy announcement mirrored the Fed’s view, dashing hopes for a near-term policy softening. Though a late rebound was seen in the domestic market, it was largely in the red zone as the Pharma and IT sell-off continued due to concerns about the impending recession. The dollar surged along with the US Treasury yield following the hawkish remarks from global central banks, while FIIs continued their domestic support,” mentioned Vinod Nair, Head of Research at Geojit Financial Services.

  • Indices fall for second day amid weak world equities

    Benchmark indices completed on a weak be aware on Thursday, extending their earlier day’s decline amid a detrimental pattern in world fairness markets after the US Fed hiked rates of interest by 75 foundation factors.

    The 30-share BSE Sensex declined 69.68 factors or 0.11 per cent to settle at 60,836.41. During the day, it tanked 420.95 factors or 0.69 per cent to 60,485.14.

    Similarly, the broader NSE Nifty dipped 30.15 factors or 0.17 per cent to finish at 18,052.70.

    From the Sensex pack, Tech Mahindra, PowerGrid, NTPC, Infosys, Wipro, HDFC, Tata Consultancy Services and Mahindra & Mahindra have been the main laggards.

    State Bank of India, Titan, Bharti Airtel and Hindustan Unilever have been among the many winners.

    Elsewhere in Asia, markets in Seoul, Shanghai and Hong Kong ended decrease.

    Stock exchanges in Europe have been buying and selling within the detrimental territory in mid-session offers. Wall Street had ended considerably decrease on Wednesday.

    “Fed’s refusal to tone down the speed hike narrative shattered the worldwide markets as buyers have been in expectation of a dovish commentary. Powell cautioned that the specified Fed price stage is greater than anticipated, although he indicated a price hike of lower than 75 bps within the upcoming conferences.

    “On the back of concerns about the US recession, IT stocks led the domestic selloff, while FII support helped limit the losses,” mentioned Vinod Nair, Head of Research at Geojit Financial Services.

    International oil benchmark Brent crude was buying and selling 1.16 per cent decrease at USD 95.04 per barrel.

    Foreign Institutional Investors (FIIs) have been internet patrons on Wednesday as they purchased shares price Rs 1,436.30 crore, as per change information.

  • Share Market Today News: Indices snap 4-day gaining streak, Sensex skids 215 factors forward of US Fed consequence

    Stock Market New Today, Sensex, Nifty Share Price Live Today, November 2, 2022: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) snapped their four-session gaining streak and ended over 0.3 per cent decrease on Wednesday weighed by IT heavyweight Infosys and telecom main Bharti Airtel. Investors additionally remained cautious forward of the end result of US Federal Reserve’s price announcement and steerage on future price hikes due later within the day.

    The S&P BSE Sensex fell 215.26 factors (0.35 per cent) to finish at 60,906.09 whereas the Nifty 50 declined 62.55 factors (0.34 per cent) to settle at 18,082.85. Both the indices had opened on a flat notice earlier within the day and skid additional because the session progressed with the Sensex touching an intraday low of 60,794.39 and the broader Nifty slipping to 18,048.65.

    On the Sensex pack, Bharti Airtel, Maruti Suzuki India, Hindustan Unilever (HUL), Infosys, HCL Technologies, IndusInd Bank, Titan Company and Axis Bank had been the highest losers on Wednesday. In distinction, Sun Pharmaceutical Industries, ITC, Tech Mahindra, Dr. Reddy’s Laboratories, Reliance Industries (RIL) and Wipro had been the highest gainers.

    The broader market indices nevertheless ended blended with the S&P BSE MidCap index slipping 31.16 factors (0.12 per cent) to finish at 25,591.11 whereas the S&P BSE SmallCap rose 65.17 factors (0.23 per cent) to settle at 28,956.28.

    Among sectors, the Nifty Realty and the Nifty PSU Bank fell 0.80 per cent every and the Nifty Auto declined 0.74 per cent. On the opposite hand, Nifty Media rose 0.85 per cent and Nifty Metal gained 0.64 per cent.

    “With the FOMC’s outcome around the corner, profit booking and a risk-off mood dragged the domestic market to trade with cuts. Meanwhile, strong US employment figures dented expectations for a slowdown in rate hikes. Since the market has already priced in a 75 bps rate hike by the Fed, market movement will be determined by their comments on its next moves,” stated Vinod Nair, Head of Research at Geojit Financial Services.

    Global Markets (from Reuters)

    World fairness markets rallied on Wednesday and the greenback eased, with buyers showing to look previous one other doubtless rise in US rates of interest and hoping for a decelerate within the tempo of aggressive financial tightening.

    The Federal Reserve concludes a two-day assembly later within the day and is extensively anticipated to ship a fourth, 75 foundation factors (bps) price hike to comprise stubbornly-high inflation. For markets, the important thing query is whether or not the Fed will even sign it might gradual further price hikes, in a so-called dovish pivot.

    European inventory markets opened largely firmer, Asian shares exterior Japan rallied to a two-week excessive and US fairness futures pointed to a agency open for Wall Street.

    Upbeat remarks by Chinese regulators about coverage assist and rising expectations amongst buyers about easing of strict Covid-19 measures boosted sentiment in Asia. Chinese bluechips and Hong Kong shares gained 1.2 per cent and a couple of.4 per cent respectively. Japan’s Nikkei inventory index closed flat, holding shut its highest ranges since September.

  • Share Market Today News: Sensex rises 375 factors, Nifty ends close to 18,150-mark on optimistic world cues, financial knowledge

    Stock Market New Today, Sensex, Nifty Share Price Live Today, November 1, 2022: The topline fairness indices on the BSE and National Stock Exchange (NSE) prolonged their positive factors for the fourth consecutive day and ended over 0.6 per cent larger on Tuesday aided by market heavyweights Infosys and HDFC Bank amid optimistic cues within the world market.

    A strong manufacturing PMI knowledge too aided market sentiment throughout the session, analysts mentioned.

    The S&P BSE Sensex rose 374.76 factors (0.62 per cent) to finish at 61,121.35 whereas the Nifty 50 gained 133.20 factors (0.74 per cent) to settle at 18,145.40. Both the indices had opened round 0.5 per cent larger earlier within the day and inched up because the session progressed with the Sensex touching an intraday excessive of 61,289.73 and the broader Nifty hitting 18,175.80.

    On the Sensex pack, NTPC, Power Grid Corporation of India, Dr> Reddy’s Laboratories, Infosys, Tata Consultancy Services (TCS), UltraTech Cement, HCL Technologies, Sun Pharmaceutical Industries and Asian Paints had been the highest gainers on Tuesday whereas Axis Bank, Maruti Suzuki India, Reliance Industries (RIL) and Tata Steel had been the laggards.

    Among the sectoral indices, Nifty Metal index surged 2.38 per cent, Nifty Pharma jumped 2.12 per cent, Nifty Healthcare index rose 1.93 per cent and Nifty IT rallied 1.89 per cent.

    In the broader market, the S&P BSE MidCap index gained 263.25 factors (1.04 per cent) to finish at 25,622.27 whereas the S&P BSE SmallCap rose 73.52 factors (0.26 per cent) to settle at 28,891.11.

    “The bulls are driving the trend in the domestic market with backing from FIIs and the global markets. The PMI numbers show that manufacturing activity in India remained strong in October and that pricing pressures were kept in check as new orders and production increased, albeit slowly. Investors are keeping an eye on the central banks’ policy meetings for any indications of a slowdown in the pace of rate hikes,” mentioned Vinod Nair, Head of Research at Geojit Financial Services.

    Manufacturing PMI

    Manufacturing actions in India remained sturdy and value pressures had been contained in October as new orders and manufacturing rose at a slower however stronger tempo, in keeping with a month-to-month survey launched on Tuesday.

    The seasonally-adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) was up from 55.1 in September to 55.3 in October.

    The October PMI knowledge pointed to an enchancment in total working circumstances for the sixteenth straight month. In PMI parlance, a print above 50 means growth whereas a rating beneath 50 signifies contraction. Click right here to learn

    Global Markets (from Reuters)

    European shares rose in early buying and selling on Tuesday, supported by hypothesis amongst buyers that central banks might come to the tip of their rate-hiking cycles.

    Asian shares strengthened, following gentle losses on Wall Street on Monday, as investor focus shifted to the US Federal Reserve’s charge choice on Wednesday and the Bank of England assembly on Thursday.

    At 0755 GMT, the MSCI world fairness index, which tracks shares in 47 nations, was up 0.6 per cent on the day, holding near final week’s excessive. Europe’s STOXX 600 rose to its highest in additional than six weeks, up 1.3 per cent on the day. London’s FTSE 100 was up 1.5 per cent, whereas Germany’s DAX was up 1.1 per cent.

  • Sensex again at 60,000, rises 1% according to Asian friends

    The benchmark Sensex at BSE jumped by over 600 factors or 1 per cent within the early buying and selling hours on Monday to hit a six-week excessive of 60,600 according to its Asian market friends because the market expects that the Federal Reserve might decrease the tempo of fee hike, set to be introduced on Wednesday. In India, the restoration on Monday was pushed by IT shares and energy within the banking scrips.

    The sturdy opening on Monday got here according to international markets as Nikkei and Japan and Hang Seng in Hong Kong have been up by 1.6 per cent and 0.9 per cent respectively.

    The rise in Asian markets comes on the again of rising hope that the Federal Reserve might go for a decrease fee hike. While the Federal Reserve has raised charges by 300 foundation factors in its 5 conferences starting March 2022, within the final three conferences it raised charges by 75 foundation factors.

    As the market expects that the speed hike might be decrease, when the Fed proclaims its choice on Wednesday, the emotions have turned constructive lifting the inventory markets.

    Even as the worldwide markets have been below stress over the previous few months on account of excessive inflation and the central banks elevating the rates of interest, the Indian markets have witnessed a wise restoration during the last 4 months after having closed at a near-term low of 51,360 on June 17, 2022. Since then the Sensex has gained almost 18 per cent to commerce at ranges of 60,600 on Monday.

    Analysts say that whereas Indian markets got here below stress within the first half of the calendar amid issues over excessive crude costs, inflation, rates of interest and geopolitical developments with regard to the Russia-Ukraine conflict, a secure crude oil worth during the last couple of months has come as a giant aid to the Indian markets. While Brent crude costs had hit ranges of $120 per barrel in June, they’ve softened and remained secure below $100 per barrel during the last couple of months. On Monday, it was buying and selling at $93 per barrel.

  • Sensex climbs 327 factors in early commerce, Nifty exams 17,653

    Equity benchmark indices started the commerce on a constructive notice on Friday monitoring positive factors in Axis Bank and a blended development in Asian markets.

    Foreign institutional traders (FIIs) turned web consumers within the markets on Thursday after many days and this additionally added to the momentum.

    The 30-share BSE Sensex climbed 327.9 factors to 59,530.80 in early commerce. Similarly, the broader NSE Nifty superior 89.65 factors to 17,653.60.

    From the Sensex pack, Axis Bank climbed almost 6 per cent after the corporate on Thursday reported a 66.29 per cent bounce in its consolidated web revenue for the September quarter at Rs 5,625.25 crore, pushed by a considerable lower in unhealthy mortgage provisions and margin enlargement.

    The different main winners from the 30-share pack had been Titan, Hindustan Unilever, State Bank of India, ExtremelyTech Cement and Mahindra & Mahindra.

    However, Bajaj Finance, Tech Mahindra, IndusInd Bank, HCL Technologies, Dr Reddy’s, Infosys and Tata Steel had been among the many laggards.

    In different Asian markets, Seoul and Shanghai had been buying and selling larger, whereas Tokyo and Hong Kong quoted decrease in mid-session offers.

    Wall Street had ended decrease on Thursday.

    “IT and banks account for the major chunk of India Inc’s profits. After good Q2 results from IT, leading banks are posting very good Q2 numbers indicating that corporate earnings are in-line with optimistic expectations. Q2 results of Axis Bank and ITC have beaten expectations,” stated V Ok Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    The BSE benchmark climbed 95.71 factors or 0.16 per cent to settle at 59,202.90 on Thursday. The Nifty ended 51.70 factors or 0.30 per cent larger at 17,563.95.

    International oil benchmark Brent crude was buying and selling o.32 per cent larger at USD 92.68 per barrel.

    Foreign institutional traders turned web consumers after many days as they purchased shares value Rs 1,864.79 crore on Thursday, as per change information.

  • Markets halt 4-day rally on weak world tendencies

    Equity benchmark indices started the commerce on a bearish be aware on Thursday halting their four-day rally following weak world market tendencies and steady international fund outflow.

    The 30-share BSE Sensex declined 315.91 factors to 58,791.28 in early commerce. Similarly, the broader NSE Nifty fell 90.2 factors to 17,422.05.

    From the Sensex pack, IndusInd Bank, Titan, Mahindra & Mahindra, NTPC, ICICI Bank, HDFC Bank, HDFC and Maruti had been the most important laggards in early commerce.

    Nestle, Reliance Industries, ITC and Hindustan Unilever had been among the many winners.

    Among different Asian markets, Seoul, Tokyo, Shanghai and Hong Kong had been buying and selling decrease.

    Wall Street ended within the damaging territory on Wednesday.

    The BSE benchmark climbed 146.59 factors or 0.25 per cent to settle at 59,107.19 on Wednesday. The Nifty superior 25.30 factors or 0.14 per cent to finish at 17,512.25.

    International oil benchmark Brent crude was buying and selling 0.17 per cent decrease at USD 92.25 per barrel.

    Foreign institutional traders (FIIs) had been internet sellers within the capital market on Wednesday as they offloaded shares value Rs 453.91 crore, as per alternate knowledge.