Tag: live nse updates

Equity benchmark Sensex dropped 215 factors on Friday, monitoring losses in index heavyweights Reliance Industries, HDFC and SBI, after the Reserve Bank saved rates of interest unchanged and maintained its accommodative stance.
The 30-share index ended 215.12 factors or 0.39 per cent decrease at 54,277.72, whereas the broader NSE Nifty fell 56.40 factors or 0.35 per cent to 16,238.20.
Reliance Industries was the highest laggard within the Sensex pack, shedding over 2 per cent, adopted by ExtremelyTech Cement, SBI, Tata Steel, HDFC and Axis Bank. On the opposite hand, IndusInd Bank, Bharti Airtel, Tech Mahindra, Maruti, NTPC and Bajaj Auto have been among the many gainers.
Binod Modi, Head – Strategy at Reliance Securities, mentioned home equities traded range-bound however sharp correction in RIL dragged the market.

“RBI’s policy meeting outcome was broadly on expected line with continued focus to support economic recovery through soft monetary policy,” he mentioned, including that RIL witnessed sharp correction after the Supreme Court’s ruling got here in favour of Amazon within the Reliance-Future Group deal.
Further, weak cues from Asian markets additionally weighed on sentiments.
Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul have been within the purple, whereas Tokyo ended with good points.

Equities in Europe have been buying and selling on a constructive observe in mid-session offers.
Meanwhile, worldwide oil benchmark Brent crude superior 0.56 per cent to USD 71.69 per barrel.

Extending its successful streak to the fourth straight session, fairness benchmark Sensex ended 123.07 factors larger at a contemporary file on Thursday amid positive factors in index majors Reliance Industries, HDFC Bank and ITC.
After scaling its lifetime peak of 54,717.24 through the day, the 30-share index settled 123.07 factors or 0.23 per cent larger at its file excessive of 54,492.84.
In related motion, the broader NSE Nifty rose 35.80 factors or 0.22 per cent to an all-time peak of 16,294.60. It touched an intra-day file of 16,349.45.
Bharti Airtel was the highest gainer within the Sensex pack, surging round 4 per cent, adopted by ITC, Tech Mahindra, Tata Steel and HCL Tech.

On the opposite hand, SBI, IndusInd Bank, Bajaj Finance and ICICI Bank have been among the many laggards.
“Domestic benchmark indices extended gains as rebound in IT and metals supported them to scale new highs. Additionally, recovery in FMCG stocks and RIL supported market,” mentioned Binod Modi, Head – Strategy at Reliance Securities.
However, it was once more not a broad-based rally as revenue reserving in midcap and smallcap shares remained seen with Nifty midcap and smallcap indices declining for the third consecutive day, he added.
Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul ended within the purple, whereas Tokyo closed with positive factors.

Equities in Europe have been largely buying and selling on a optimistic be aware in mid-session offers.
Meanwhile, worldwide oil benchmark Brent crude superior 0.72 per cent to USD 70.89 per barrel.

The benchmark fairness indices on the BSE and National Stock Exchange (NSE) opened at recent file highs on Wednesday led by monetary and metals shares, as June-quarter (Q2) earnings momentum boosted investor sentiment.
The S&P BSE Sensex surged 474.84 factors (0.88 per cent) within the early morning commerce to the touch a recent file excessive of 54,298.20 whereas the Nifty 50 climbed 124.25 factors (0.77 per cent) to a brand new file excessive of 16,255.00.
At 9:52 am, the 30-share BSE benchmark was buying and selling at 54,259.92, up 436.56 factors (0.81 per cent), whereas the NSE barometer was at 16,248.05, up 117.30 factors (0.73 per cent).

On Tuesday, Sensex had jumped 873 factors to a brand new excessive of 53,823.36 and the Nifty Index soared 246 factors to shut at 16,130.75.

Gains within the Sensex had been being led by HDFC, ICICI Bank, Tata Steel, Kotak Mahindra Bank, HDFC Bank and Dr Reddy’s Laboratories.
Among the sectoral indices, the Nifty Financial Services index was buying and selling over 1.5 per cent highed led by positive aspects in HDFC, ICICI Prudential Life Insurance Company and Muthoot Finance. The Bank Nifty was up over 1 per cent aided by ICICI Bank, AU Small Finance Bank and Kotak Mahindra Bank. The Nifty Metal index was up practically 1 per cent pushed by Tata Steel and Steel Authority of India.

In the broader market, the S&P BSE MidCap was buying and selling at 23,423.44, up 49.23 factors (0.21 per cent), whereas the S&P BSE SmallCap was at 27,270.64, up 136.64 factors (0.50 per cent).
“Sometimes amateurs beat professionals. This is happening in the Indian stock market now. FIIs, often regarded as representing smart money, have been pushed back by the sheer momentum of retail investors. FIIs who have been consistently selling in July on rational hopes of a correction in the overvalued market have been forced to buy ( Rs 2,117 crore in cash market yesterday) on fears of losing out on the momentum. Retail investors and mutual funds flush with funds from NFOs are driving this market without much regard to valuations. Having broken the 15,950 Nifty upper band decisively, sheer momentum may take the market higher. With institutional money pouring in, large caps are likely to outperform if the market continues its upward momentum. Leading banking stocks, which have been underperforming in this rally, are likely to catch up,” stated V Okay Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Global market
Asian shares superior to one-week highs on Wednesday, led largely by robust US company earnings, though the temper remained cautious because the quickly spreading Delta variant of the coronavirus clouds the worldwide financial outlook.
MSCI’s broadest index of Asia-Pacific shares outdoors Japan climbed 0.1 per cent to the best since July 26. Japan’s Nikkei was within the crimson as had been Chinese shares with the blue-chip index off 0.2 per cent.
Australian shares had been a contact firmer however sentiment was marred by an unabating rise in Delta infections in Sydney, the nation’s greatest metropolis.
–world market enter from Reuters

The benchmark fairness indices on the BSE and National Stock Exchange (NSE) ended at their lifetime highs on Tuesday led by positive aspects in banks, info expertise (IT) and car shares.
The S&P BSE Sensex climbed 872.73 factors (1.65 per cent) to settle at an all-time excessive of 53,823.36, whereas the Nifty 50 surged 245.60 factors (1.55 per cent) to breach the 16,000-mark and finish at its file excessive of 16,130.75 on Tuesday.
During the day, the 30-share BSE benchmark rose to an intraday file excessive of 53,887.98 whereas the NSE barometer rose breached the 16,000-level mark for the primary time ever to the touch 16,146.90.
The positive aspects on the Sensex have been led by Titan Company, Housing Development Finance Corporation (HDFC), IndusInd Bank, Nestle India and Ultratech Cement.
Among the sectoral indices, the Nifty Bank index rose 1.43 per cent led by positive aspects in IndusInd Bank, The Federal Bank, State Bank of India (SBI) and Axis Bank. Similarly, the Nifty Auto index surged 1.56 per cent led by Tube Investments of India and Ashok Leyland. The Nifty IT index too rose 1.18 per cent aided by MphasiS, Tata Consultancy Services (TCS) and Infosys.
In the broader market, the S&P BSE MidCap index ended at 23,374.21, up 43.44 factors (0.19 per cent), whereas the S&P BSE SmallCap settled at 27,134.00, up 61.94 factors (0.23 per cent). The volatility index or India VIX rose 7.36 per cent to 13.7475.
“The (16,000) level is important. It will add to the confidence of investors, especially because in the last 2-3 weeks the trend was weak,” stated Vinod Nair, head of analysis at Geojit Financial Services.
“Earnings is providing a lot of support to the market. The economy is able to sustain itself in the new norm. The market is betting the COVID impact next year is going to be much lower,” Nair stated, including {that a} slew of profitable preliminary public choices had additionally boosted retail investor confidence.
Global market
Asian shares have been largely unfavorable on Tuesday because the Delta coronavirus variant unfold in key markets and Chinese officers took purpose at online game producers, as soon as extra rattling investor confidence within the mainland’s markets.
In Asia, MSCI’s broadest index of Asia-Pacific shares outdoors Japan was flat within the afternoon session after opening in unfavorable territory. Japan’s Nikkei was off 0.52 per cent in a while Tuesday. China’s blue chip index CSI300 opened down 0.80 per cent however recovered some floor to be down 0.1 per cent. Hong Kong’s Hang Seng Index fell 0.33 per cent through the afternoon. Korean, Thai and Indian markets have been larger which pushed up the MSCI index.
–with inputs from Reuters