Share/Stock Market LIVE updates: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) surged to recent document highs within the opening offers on Tuesday regardless of weak point within the broader Asian market.
The S&P BSE Sensex rose 235.02 factors (0.41 per cent) to breach the 57,000-mark for the primary time ever and hit a document excessive of 57,124.78. Likewise, the Nifty 50 too rose 64.50 factors (0.38 per cent) to an all-time excessive of 16,995.55.
However, the indices failed to carry on to the beneficial properties and turned flat inside 20 minutes of commerce.
At 9:38 am, the Sensex was up 25.79 factors (0.05 per cent) at 56,915.55, whereas the Nifty was at 16,932.65, up 1.60 factors (0.01 per cent).
Bharti Airtel, HCL Technologies, Tech Mahindra, Tata Consultancy Services (TCS) and Asian Paints had been among the many high gainers on the Sensex pack within the early commerce whereas Mahindra & Mahindra (M&M), State Bank of India (SBI), IndusInd Bank and Reliance Industries (RIL) had been among the many high laggards.
(with inputs from companies)
Tag: market live today
-
Market LIVE updates: Indices open at document highs, Sensex breaches 57,000 for the primary time
-
Market LIVE Updates: Sensex up 500 factors, Nifty breaches 16,850-mark
Share/Stock Market LIVE Updates: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) prolonged their opening good points and hit recent document highs throughout the morning commerce on Monday amid constructive cues within the international market.
The S&P BSE Sensex surged 576.94 factors (1.03 per cent) to hit a recent lifetime excessive of 56,701.66 in morning offers whereas the Nifty 50 jumped 167.75 factors (1.00 per cent) to breach the 16,800-mark and contact a lifetime excessive of 16,872.95. Both the indices had opened at recent document highs earlier within the day.
The good points within the BSE benchmark throughout the morning session of commerce had been being led by Tata Steel, L&T, Bajaj Finance, Maruti Suzuki, Bharti Airtel and Axis Bank. On the opposite hand, Tech Mahindra, Nestle India and HCL Technologies had been buying and selling barely decrease.
(with inputs from businesses) -
Market LIVE updates: Sensex slips 100 factors in opening offers, Nifty close to 16,600-mark
The benchmark fairness indices on the BSE and National Stock Exchange (NSE) had ended flat for the second consecutive day on Thursday amid the expiry of August-series futures and choices contracts.
The S&P BSE Sensex ended at 55,949.10, up 4.89 factors (0.01 per cent), whereas the Nifty 50 settled at 16,636.90, up 2.25 factors (0.01 per cent). -
Market LIVE updates: Sensex and Nifty commerce in vary forward of F&O expiry
Share/Stock Market LIVE updates: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) have been buying and selling in a variety in the course of the early commerce on Thursday forward of the expiry of August-series futures and choices contracts.
After opening within the crimson, the S&P BSE Sensex was buying and selling 46.78 factors (0.08 per cent) larger at 55,990.99. Likewise, the broader Nifty 50 superior 16.80 factors (0.10 per cent) to 16,651.45.
On the BSE benchmark, Reliance Industries (RIL) was the highest gainer, climbing round 1 per cent, adopted by HCL Technologies, Bajaj Finserv, Asian Paints, Bajaj Auto, Bajaj Finance and Larsen & Toubro (L&T). On the opposite hand, Bharti Airtel, PowerGrid, Maruti Suzuki, Titan Company and Axis Bank have been among the many prime laggards.
(with inputs from companies) -
Market LIVE updates: Sensex climbs over 200 factors to hit contemporary excessive; Nifty nears 16,700-mark
Share/Stock Market LIVE updates: The S&P BSE Sensex rose over 200 factors to hit a contemporary intra-day excessive through the early commerce on Wednesday, led by the beneficial properties in Housing Development Finance Corporation (HDFC), Reliance Industries (RIL) and ICICI Bank.
After hitting a lifetime excessive of 56,188.49 within the early commerce, the BSE benchmark was buying and selling 211.23 factors (0.38 per cent) greater at 56,170.21. Likewise, the Nifty 50 too climbed 67.75 factors (0.41 per cent) to 16,692.35.
The beneficial properties within the Sensex have been being led by Tata Steel, NTPC, L&T, HDFC, Nestle India, ICICI Bank and Bajaj Finserv.
(with inputs from businesses) -
Red-hot India market rally is counting on fewer and fewer shares
As India’s world-beating inventory rally powers forward, skeptics are pointing to awful market breadth as an indication that additional features could also be tougher to come back by.
The NSE Nifty 200 Index has greater than doubled from a March 2020 low — weathering alarming Covid-19 an infection and demise charges, strict lockdowns and slower financial development — thanks to an enormous liquidity enhance from the central financial institution and overseas inflows. Gauges of small- and mid-cap shares have climbed much more amid the broad surge.Since the top of July, nevertheless, measures of red-hot small and midcap shares have slumped and only a bunch of heavyweights have been protecting the largecap rally alive.
Below are three charts capturing the altering development:
Showing simply how concentrated the rally has develop into in latest weeks, a market cap-weighted basket of the most important 10 shares within the NSE Nifty 200 Index has outperformed the opposite 190 shares by seven share factors this month.
The NSE Nifty Smallcap 250 Index has plunged 8.6% up to now in August, on track for the primary month-to-month drop since October. The NSE Nifty Midcap 150 Index has misplaced 3.1%.Penny Stock Boom at Risk as India Bourse Curbs Price Volatility
“There is a shift of smart money from mid-caps to large-caps and this has created pressure,” stated Gaurav Garg, head of analysis, at CapitalVia Global Research Ltd. Most main corporations’ earnings for the newest quarter have been according to the consensus view, and this prompted traders to take revenue on smaller shares and purchase underperforming bigger friends, he added.In one other probably worrying signal, participation within the rally is thinning. Even because the Nifty 200 set a sequence of contemporary report highs, the variety of shares within the gauge buying and selling above their 50-day shifting averages has tumbled to about 45%, from practically 100% in June.
“Gross market volumes have been relatively weak compared to the trend in July, with large caps seeing stronger flows than mid caps,” stated S. Hariharan, head of gross sales buying and selling at Emkay Global Financial Services Ltd. -
Market Highlights: Sensex ends 403 factors increased, Nifty settles above 16,600-mark
Share/Stock Market Highlights: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) ended round 0.75 per cent increased on Tuesday led by good points in metals, banking and monetary shares.
The S&P BSE Sensex rose 403.19 factors (0.73 per cent) to finish at 55,958.98 whereas the Nifty 50 settled at 16,624.60, up 128.15 factors (0.78 per cent).
The good points on the Sensex had been led by the shares of Bajaj twins – Bajaj Finserv, and Bajaj Finance, together with Tech Mahindra, Tata Steel, HDFC Bank and State Bank of India (SBI).
Among the sectoral indices on the NSE, the Nifty Metal index rose 2.90 per cent on Tuesday led by good points in National Aluminium Company, NMDC and Welspun Corp. The Bank Nifty too rose 1.67 per cent aided by IDFC First Bank and AU Small Finance Bank. The Nifty Financial Services index climbed 1.39 per cent led by Bajaj Finserv, Mahindra & Mahindra Financial Services and Cholamandalam Investment and Finance Company.
In the broader market, the S&P BSE MidCap index was buying and selling at 22,809.53, up 334.23 factors (1.49 per cent), whereas the S&P BSE SmallCap was at 25,783.63, up 425.61 factors (1.68 per cent).
In the broader market, the S&P BSE MidCap index rose 341.05 factors (1.52 per cent) to finish at 22,816.35, whereas the S&P BSE SmallCap ended at 25,786.96, up 428.94 factors (1.69 per cent). The volatility index or India VIX fell 3.63 per cent to 13.1875.
Apart from this, two new IPOs made their debut in at the moment’s commerce – Aptus Value Housing Finance India and Chemplast Sanmar. While Aptus Value Housing Finance made a weak itemizing on the inventory exchanges at 6.5 per cent decrease than its problem value, Chemplast Sanmar had a blended itemizing at the moment.
(with inputs from companies)