Tag: nifty share price

Market Today, BSE Nifty Share Price, October 19, 2022: The benchmark fairness indices – Sensex and Nifty – opened on a optimistic be aware on Wednesday monitoring their international friends.

At 9:24 AM, the S&P BSE Sensex was up 269.44 factors (0.46 per cent) at 59,230.04, whereas the Nifty 50 was at 17,561.05, up 74.10 factors (0.42 per cent).

On the Sensex pack, HDFC twins – Housing Development Finance Corporation (HDFC) and HDFC Bank, Power Grid Corporation of India, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M) and Titan Company have been the highest gainers within the early offers whereas HCL Technologies, State Bank of India (SBI), Tata Steel, Infosys, Bajaj Finserv and Tata Consultancy Services (TCS) have been prime losers.

Commenting available on the market transfer, V Ok Vijayakumar, Chief Investment Strategist at Geojit Financial Services mentioned, “There are two factors supporting the ongoing rally in the market: One, support from the mother market US aided by some excellent quarterly results and two, FII selling getting completely overwhelmed by DII buying. DIIs bought stocks for Rs 5,290 crores in the cash market during the last three trading days against FII selling of Rs 1,536 crores. This complete dominance of DIIs over FIIs is triggering short covering too. Good Q2 results are imparting resilience in segments like IT and financials. The festive mood is another positive. However, high global inflation and tightening central banks pose headwinds to the rally.”

Global markets (from Reuters)

Asian shares have been largely increased on Wednesday, with US company earnings aiding sentiment, whereas merchants awaited British inflation readings later within the day for clues on how hawkish central banks have to be to combat inflation.

MSCI’s broadest index of Asia-Pacific shares outdoors Japan edged up 0.2 per cent, however additional good points have been capped by slight falls in Chinese shares. China’s mainland bluechips misplaced 0.2 per cent whereas Hong Kong’s Hang Sang index fell 0.1 per cent.

Elsewhere, shares tracked Wall Street increased. Japan’s Nikkei superior 0.4 per cent, Australia’s resources-heavy shares gained 0.4 per cent, whereas South Korea rebounded 0.5 per cent. U.S. S&P 500 futures rose 0.8 per cent and the Nasdaq futures jumped 1.3 per cent.

Better-than-expected quarterly outcomes from Goldman Sachs Group Inc, Johnson & Johnson and Lockheed Martin helped US shares rally. Both the Dow Jones and the S&P 500 gained 1 per cent.

Market Today, Sensex, Nifty Share Prices Updates: The topline indices on BSE and National Stock Exchange (NSE) prolonged their positive factors for the third consecutive session, surging round 1 per cent on Tuesday on optimistic international cues.

The S&P BSE Sensex rallied 549.62 factors (0.94 per cent) to shut at 58,960.60 whereas the Nifty 50 jumped 175.15 factors (1.01 per cent) to finish at 17,486.95. Earlier within the day each the indices had opened round 0.75 per cent increased and inched additional because the session progressed with the Sensex touching an intraday excessive of 59,143.66 and the broader Nifty hitting 17,527.80.

On the Sensex pack, State Bank of India (SBI), Nestle India, ITC, Bharti Airtel, IndusInd Bank, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M), Reliance Industries (RIL) and HCL Technologies had been the highest gainers on Tuesday. On the opposite hand, Housing Development Finance Corporation (HDFC), NTPC, Tech Mahindra, Sun Pharmaceutical Industries and HDFC Bank had been the losers within the commerce.

All the sectoral indices on NSE ended increased on Tuesday with the Nifty PSU Bank surging 3.97 per cent, Nifty Media rising 2.14 per cent and Nifty Realty climbing 1.72 per cent.

In the broader market, the S&P BSE MidCap index jumped 262.74 factors (1.06 per cent) to shut at 25,037.77 and the S&P BSE SmallCap rose 202.52 factors (0.71 per cent) to settle at 28,750.60. On NSE, the volatility index or India VIX slumped 5.23 per cent to 17.45.

“The Indian market is sustaining its gains due to favorable global & domestic cues. Home-grown positivity is the downward trend of crude prices and upside prospects to Q2 corporate earnings. Notably too, RBI’s confidence that headline inflation has peaked in September and henceforth will decline is taken cheerfully by the financial market, providing upside to banks,” stated Vinod Nair, Head of Research at Geojit Financial Services.

Global Markets (from AP)

Stocks had been principally increased in Europe and Asia on Tuesday, monitoring the most recent rally on Wall Street. US futures superior and the greenback was buying and selling close to 149 Japanese yen.

Germany’s DAX rose 0.9 per cent to 12,765.20 whereas the CAC 40 in Paris climbed 0.4 per cent to six,066.73. In London, the FTSE 100 gained 0.6 per cent to six,961.21.

The future for the S&P 500 was up 1.1 per cent whereas the contract for the Dow industrials added 0.9 per cent. On Monday, the S&P 500 climbed 2.6 per cent and the Dow Jones Industrial Average gained 1.9 per cent. The Nasdaq added 3.4 per cent, whereas the Russell 2000 index rose 3.2 per cent.

In Asian buying and selling on Tuesday, Hong Kong’s Hang Seng index surged 1.8 per cent to 16,914.58. The Shanghai Composite index slipped 0.1 per cent to three,080.96. Tokyo’s Nikkei 225 index rose 1.4 per cent to 27,156.14 and the Kospi in Seoul climbed 1.4 per cent to 2,249.95. In Australia, the S&P/ASX 200 superior 1.7 per cent to six,779.20.

Market Today, BSE Nifty Share Price, October 17, 2022: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) prolonged their good points for the second straight session and ended over 0.7 per cent greater on Monday led by led by market heavyweight Reliance Industries (RIL) and the banking shares amid optimistic cues within the world market.

The S&P BSE Sensex surged 491.01 factors (0.85 per cent) to finish at 58,410.98 whereas the Nifty 50 rallied 126.10 factors (0.73 per cent) to settle at 17,311.80. Both the indices had opened on a flat word earlier within the day however slipped within the purple through the early commerce. However, they quickly erased their early losses and turned optimistic in the direction of late morning offers and traded optimistic by way of the remainder of the session.

On the Sensex pack, State Bank of India (SBI), Axis financial institution, NTPC, Bajaj Finserv, ICICI Bank, RIL, IndusInd Bank, Kotak Mahindra Bank and Maruti Suzuki India have been the highest gainers of the day. In distinction, Larsen & Toubro (L&T), HCL Technologies, Tata Steel, Wipro, Nestle India and Power Grid Corporation of India have been the highest losers.

Among sectors, the Bank Nifty rallied 1.56 per cent, Nifty Financial Services index surged 1.15 per cent, Nifty Auto climbed 0.68 per cent and Nifty Oil & Gas gained 0.65 per cent.

In the broader market, the S&P BSE MidCap index gained 65.17 factors (0.26 per cent) to finish at 24,775.03 whereas the S&P BSE SmallCap rose 25.23 factors (0.09 per cent) to settle at 28,548.08.

Global Markets (from AP)

Global shares have been principally greater Monday as traders saved their eyes on a weeklong Communist Party congress in China.

France’s CAC 40 added 0.5 per cent in early buying and selling to five,961.27. Germany’s DAX gained 0.5 per cent to 12,498.72. Britain’s FTSE 100 rose 0.5 per cent to six,894.84. The future for the Dow industrials was up 0.7 per cent, whereas the contract for the S&P 500 gained 0.9 per cent.

Japan’s benchmark Nikkei 225 slipped 1.2 per cent to complete at 26,775.79. Australia’s S&P/ASX 200 dipped 1.4 per cent to six,664.40. South Korea’s Kospi rebounded to achieve 0.3 per cent to 2,219.71. Hong Kong’s Hang Seng rose 0.5 per cent to 16,662.19, whereas the Shanghai Composite rose 0.4 per cent to three,084.94.

Market Today, BSE Nifty Share Price, October 14, 2022: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) ended over 1 per cent increased on Friday led by positive aspects in info expertise (IT) and monetary shares amid optimistic cues within the world market.

The S&P BSE Sensex surged 684.64 factors (1.20 per cent) to finish at 57,919.97 whereas the Nifty 50 climbed 171.35 factors (1.01 per cent) to settle at 17,185.70. Earlier within the day, each the indices had opened over 1.5 per cent increased and surged round 2 per cent within the intraday commerce with the BSE benchmark hitting a excessive of 58,435.12 and the broader Nifty touching 17,348.55.

On the Sensex pack, Infosys was the highest gainer of the day after rising 3.8 per cent. It was adopted by HDFC twins – HDFC Bank and Housing Development Finance Corporation (HDFC), HCL Technologies, Larsen & Toubro (L&T) and ICICI Bank. On the opposite hand, Mahindra & Mahindra (M&M), Asian Paints, Reliance Industries (RIL), Wipro, Bharti Airtel and Power Grid Corporation of India had been the highest laggards.

Among sectors, the Bank Nifty surged 1.76 per cent and the Nifty Financial Services index rallied 1.82 per cent. The Nifty IT too rose 1.63 per cent.

In the broader markets nevertheless, the mid-cap and small-cap indices ended on a flat notice. The S&P BSE MidCap slipped 31.07 factors (0.13 per cent) to shut at 24,709.86 whereas the S&P BSE SmallCap inched up 2.30 factors (0.01 per cent) to settle at 28,522.85. On NSE, the volatility index or India VIX slumped 10.01 per cent to 18.26.

“The domestic market showed an uptick, in-line with the surprise bounce in the US market. Initially, the US market fell because the data exceeded the forecast. However, it recovered quickly, due to the oversold state of the market. The rally in the domestic market was led by large caps, with IT and banking at the forefront due to the robust start to Q2 earnings. The rally can continue in the short-term led by festival demand, Q2 results and positive trend of the global market,” mentioned Vinod Nair, Head of Research at Geojit Financial Services.

Global Market (from AP)

Global inventory markets surged Friday after Wall Street rebounded from a droop attributable to higher-than-forecast inflation numbers. Market benchmarks in London and Paris opened up greater than 1 per cent. Tokyo jumped 3.3 per cent for its greatest one-day acquire in seven months. Hong Kong and Shanghai additionally rose.

On Wall Street, the longer term for the benchmark S&P 500 index was down 0.4 per cent. Wall Street slumped Thursday after the US client value index for September rose 8.2 per cent.

In early buying and selling, the FTSE 100 in London rose 0.6 per cent to six,894.30 and the CAC 40 in Paris gained 0.8 per cent to five,925.44. The DAX in Frankfurt superior 0.5 per cent to 12,420.24. On Wall Street, the longer term for the Dow Jones Industrial Average was down 0.3 per cent.

In Asia, Tokyo’s Nikkei 225 jumped to 27,090.76 and the Hang Seng in Hong Kong gained 1.2 per cent to 16,587.69. The Shanghai Composite Index added 1.8 per cent to three,071.99. The Kospi in Seoul rose 2.3 per cent to 2,212.55 and Sydney’s S&P-ASX 200 rose 1.8 per cent to six,758.80. New Zealand and Southeast Asian markets additionally rose.

Market Today, Sensex, Nifty Share Prices Updates: The frontline indices on the National Stock Exchange (NSE) and BSE ended over 0.6 per cent decrease on Thursday amid weak spot within the international market and after India’s retail inflation spiked to a five-month excessive in September.

The S&P BSE Sensex fell 390.58 factors (0.68 per cent) to finish at 57,235.33 whereas the Nifty 50 declined 109.25 factors (0.64 per cent) to settle at 17,014.35. Both the indices had opened round 0.2 per cent decrease earlier within the day and skid additional because the commerce progressed with the Sensex hitting a low of 57,055.75 and the broader Nifty slipping to 16,956.95 throughout intraday.

On the Sensex pack, Wipro was the highest loser on Thursday declining over 6.5 per cent. It was adopted by State Bank of India (SBI), Larsen & Toubro (L&T), ICICI Bank, Asian Paints, Bajaj Finance and HDFC twins – Housing Development Finance Corporation (HDFC) and HDFC Bank. On the opposite hand, HCL Technologies was the highest gainer rising over 3 per cent, adopted by Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories and Reliance Industries (RIL).

India’s Consumer Price Index (CPI) rose to a five-month excessive of seven.41 per cent within the month of September and the manufacturing facility output, measured by the Index of Industrial Production (IIP), witnessed a contraction of (-)0.8 per cent in August, two separate information launched by the Ministry of Statistics & Programme Implementation (MoSPI) confirmed Wednesday.

This is the ninth consecutive time that the CPI print has come above the RBI’s higher margin of 6 per cent. CPI information is primarily factored in by the central financial institution whereas getting ready their bi-monthly financial coverage. So far on this monetary yr, the RBI has raised the important thing rate of interest by 190 bps in a bid to verify the raging inflation.

“Retail inflation persisting above the desired levels has been a major cause of concern for the Indian economy. This, coupled with declining industrial production in August may not be taken well by the market because Indian economy is anticipated to sustain its resilience. In this backdrop, the impending US inflation figures, which are forecasted to remain high, may cause volatility in the global market,” mentioned Vinod Nair, Head of Research at Geojit Financial Services.

Among sectoral indices, the Bank Nifty fell 1.26 per cent and the Nifty Financial Services declined 1.22 per cent. The Nifty IT too slipped 0.68 per cent.

In the broader market, the S&P BSE MidCap index ended at 24,740.93, down 181.01 factors (0.73 per cent) and the S&P BSE SmallCap settled at 28,520.55, down 130.18 factors (0.45 per cent).

Global Market (from Reuters)

World shares slipped to a close to 2-year low and Japan’s yen was pinned close to 1998 ranges on Thursday, as traders braced for key US inflation information later prone to form the dimensions of the Federal Reserve’s subsequent rate of interest hike. Global markets have suffered a torrid few weeks and there was little signal of respite in both Asia or Europe as weak equities knocked MSCI’s 47-country world index down for a seventh straight day.

Europe’s region-wide STOXX 600 index was down 0.6 per cent, additionally down for a seventh straight session. It has fallen practically 4.3 per cent within the final six days, with markets anxious that aggressive international rate of interest hikes will set off recessions.

In Asia in a single day, widespread weak spot had seen Japan’s Nikkei slip 0.6 per cent and South Korea’s Kospi tumble 1.8 per cent as information that Taiwanese chipmaking big TSMC had minimize its funding funds by no less than 10 per cent pressured the broader area’s tech sector. Hong Kong’s Hang Seng dropped 1.9 per cent, and mainland Chinese blue chips misplaced 0.3 per cent to depart MSCI’s index of Asia-Pacific shares languishing near 2 1/2-year lows.

Share Market News Today, October 12: The benchmark fairness indices on the BSE and National Stock Exchange (NSE) snapped out of a three-session dropping streak and ended over 0.8 per cent increased on Wednesday as a fall in world oil costs within the earlier session boosted sentiment, whereas buyers awaited the retail inflation information and quarterly outcomes from IT-major Wipro later within the day.

The S&P BSE Sensex surged 478.59 factors (0.84 per cent) to settle at 57,625.91, whereas Nifty 50 rose 140.05 factors (0.82 per cent) to finish at 17,123.60. Both the indices had opened round 0.2 per cent increased earlier within the day and prolonged good points because the session progressed with the Sensex hitting an intraday excessive of 57,687.64 and the broader Nifty touching 17,142.35.

On the Sensex pack, Power Grid Corporation of India, Axis Bank, IndusInd Bank, NTPC, Mahindra & Mahindra (M&M), UltraTech Cement, HCL Technologies, Nestle India, Kotak Mahindra Bank, Hindustan Unilever (HUL), Housing Development Finance Corporation (HDFC) and Larsen & Toubro (L&T) have been the highest gainers of the day whereas Asian Paints, Dr. Reddy’s Laboratories, Bharti Airtel, ICICI Bank and Titan Company have been the laggards.

“The domestic market was successful in overcoming the weak cues from global peers as it focused on quarterly earnings. The IT earnings season got off to a strong start, which improved the sector’s spirits. In the midst of escalating geopolitical unrest and the prospect of a worldwide economic downturn as the IMF revised down its forecast for global growth, European markets continued to slide. At the same time, oil prices dropped due to sluggish demand amidst recession fears and tightening curbs in China, which was taken positively by the domestic market,” stated Vinod Nair, Head of Research at Geojit Financial Services.

India is the third-largest importer and client of crude oil globally and it advantages from a fall in costs because it brings down imported inflation.

Among sectoral indices on the NSE, all of the sectors rose on Wednesday besides Nifty Media which ended 0.07 per cent decrease. Nifty Realty scaled 1.62 per cent, Nifty FMCG surged 1.49 per cent and Nifty Bank gained 1.05 per cent.

In the broader market, the S&P BSE MidCap ended at 24,921.94, up 164.33 factors (0.66 per cent) whereas the S&P BSE SmallCap settled at 28,650.73, up 61.50 factors (0.22 per cent).

Going forward, market contributors will sit up for the end result of the buyer value index (CPI) information for September and the index of business manufacturing (IIP) for August. They would additionally sit up for Wipro’s September quarter (Q2) outcomes for additional cues.

Oil costs (from Reuters)

Oil futures recouped some losses on Wednesday, recovering from a 2 per cent slide within the earlier session, supported by provide issues stemming from final week’s OPEC+ reduce to its manufacturing goal, although a stronger greenback weighed on sentiment.

Brent crude futures have been up 36 cents (0.4 per cent) at $94.65 a barrel by 0920 GMT after touching a session low of $93.33. US West Texas Intermediate crude was up 21 cents (0.2 per cent) at $89.56 after a session low of $88.27.

Global Markets (from Reuters)

European shares held regular in early buying and selling on Wednesday, whereas sterling recovered after hitting a 13-day low in a single day because the Bank of England reiterated that it might finish its emergency bond-buying on the finish of the week.

Global fairness markets have fallen sharply in current days, damage by heightened fears about an financial slowdown amid warnings from the IMF and World Bank.

Asian shares have been caught close to two-year lows, weighed down by indicators that China will stick with its strict COVID-19 insurance policies.

The MSCI world fairness index, which tracks shares in 47 international locations, was flat on the day at 0846 GMT, holding close to the earlier session’s two-year low.

Europe’s STOXX 600 was down 0.1 per cent, having declined within the final 4 consecutive classes.

Market Today, Sensex, Nifty Share Prices Updates: The frontline indices on the BSE and National Stock Exchange (NSE) fell for the third consecutive session, ending almost 1.5 per cent decrease on Tuesday triggered by cross-sector selloff monitoring weak spot within the international market.

The S&P BSE Sensex crashed 843.79 factors (1.46 per cent) to finish at 57,147.32 whereas the Nifty 50 slumped 257.45 factors (1.49 per cent) to settle under the 17,000-level mark at 16,983.55. Both the indices had opened round 0.25 per cent decrease earlier within the day and traded in a spread through the morning session. However, they slumped within the late afternoon offers with the Sensex hitting an intraday low of 57,050.40 and the broader Nifty touching 16,950.30.

On the Sensex pack, IndusInd Bank, Nestle India, Tata Steel, Tech Mahindra, Infosys, Dr. Reddy’s Laboratories, Titan Company, Reliance Industries (RIL), Maruti Suzuki India, Hindustan Unilever (HUL), Wipro and HCL Technologies had been the highest losers on Tuesday, falling 2.00-3.70 per cent. Only Axis Bank and Asian Paints managed to finish round 1 per cent larger.

All the sectoral indices on NSE ended decrease on Tuesday. Nifty Realty cracked 3.07 per cent, Nifty Metal fell 2.20 per cent, Nifty Media slumped 2.02 per cent and Nifty IT declined 1.99 per cent.

In the broader market, the S&P BSE MidCap index fell 406.29 factors (1.61 per cent) to shut at 24,757.61 whereas the S&P BSE SmallCap slumped 425.18 factors (1.47 per cent) to finish at 28,589.23. On NSE, the volatility index or India VIX surged 4.42 per cent to twenty.49.

“India’s outperformance till date made a case for profit booking for the FIIs today as geopolitical and currency risks came to the forefront. Practically all sectoral indices ended in the red with the Nifty closing below 17,000 on a day when nothing was spared. The broader markets too saw a steep correction in several stocks which have been defying gravity and moving up since the past several weeks,” mentioned S Ranganathan, Head of Research at LKP Securities.

Commenting available on the market temper, Vinod Nair, Head of Research at Geojit Financial Services mentioned, “Investors are becoming risk-averse due to rising geopolitical turmoil as well as worries about the global economic slump. Investors’ caution ahead of the announcement of inflation data prevented a better-than-expected start to IT earnings from improving market mood. However, as compared to global counterparts, domestic selling is not as aggressive since FII selling is primarily absorbed by DIIs.”

Global Markets (from AP)

Asian and European shares had been largely decrease Tuesday as losses within the expertise sector weighed on international benchmarks.

France’s CAC 40 dipped 0.6 per cent to five,807.12. Germany’s DAX misplaced 0.7 per cent to 12,183.60. Britain’s FTSE 100 dropped 1.2 per cent to six,878.65. The future for the Dow industrials was down 0.7 per cent at 29,059.00. The contract for the S&P 500 misplaced 0.8 per cent to three,597.00.

Taiwan dropped 4.4 per cent after reopening from a vacation within the first buying and selling session because the US imposed new limits on exports of semiconductors and chip-making gear to China. TMSC, the world’s largest chipmaker, plunged 8.3 per cent.

Japan’s Nikkei 225 declined 2.6 per cent to 26,401.25. South Korea’s Kospi misplaced 1.8 per cent to 2,192.07. Both markets additionally had been reopening after holidays on Monday.

Hong Kong’s Hang Seng dropped 2.2 per cent to 16,830.73. The Shanghai Composite gained 0.2 per cent to 2,979.79, whereas Australia’s S&P/ASX 200 misplaced 0.3 per cent to six,645.00.

Market Today, Sensex, Nifty Share Prices Updates: The frontline fairness indices on the BSE and National Stock Exchange (NSE) trimmed a few of their intraday losses and ended with marginal cuts on Friday amid weak spot within the world market.

The S&P BSE Sensex slipped 30.81 factors (0.05 per cent) to finish at 58,191.29 whereas the Nifty 50 declined 17.15 factors (0.10 per cent) to settle at 17,314.65. Both the indices had opened decrease earlier within the day and slipped as a lot as 0.66 per cent with the Sensex touching a low of 57,851.15 and the broader Nifty dipping to 17,216.95.

On the Sensex pack, Mahindra & Mahindra (M&M), UltraTech Cement, State Bank of India (SBI), Tata Consultancy Services (TCS), Bajaj Finance and ITC have been the highest losers of the day whereas Titan Company, Power Grid Corporation of India, IndusInd Bank, NTPC, Maruti Suzuki India and Bharti Airtel have been the highest gainers.

Among sectors, Nifty IT index fell 0.70 per cent, Nifty Oil & Gas declined 0.72 per cent and Nifty FMCG slipped 0.64 per cent. On the opposite hand, Nifty Consumer Durables rose 1.32 per cent and Nifty Media inched 0.38 per cent.

In the broader market, the S&P BSE MidCap index fell 39.28 factors (0.15 per cent) to finish at 25,384.80 whereas the S&P BSE SmallCap rose 86.77 factors (0.30 per cent) to settle at 29,182.93.

Global Markets (from Reuters)

Stocks eased on Friday as Federal Reserve officers talked up the probability of extra hefty US rate of interest hikes, although battered Credit Suisse Group rose after saying a $3 billion bond buyback to regular buyers nerves.

Worries over the worldwide economic system deepened after chipmakers Samsung and AMD flagged a hunch in demand, blaming inflation, greater rates of interest and the affect of Russia’s invasion of Ukraine. European chipmakers Infineon, STMicroelectronics and ASML fell in tandem.

In Europe, the STOXX index of 600 main firms was down 0.2 per cent, however nonetheless heading for its largest weekly achieve since late July. It is down about 19 per cent for the yr.

The MSCI All Country inventory index fell 0.3 per cent, leaving it down about 24 per cent for the yr thus far.

In Asia, Japan’s Nikkei dropped 0.7 per cent, whereas South Korea’s Kospi slipped 0.2 per cent, weighed partly by a decline in Samsung shares. Hong Kong’s Hang Seng was 1.4 per cent decrease, with its tech shares tumbling 3 per cent. Mainland Chinese shares stay closed for the ultimate day of the Golden Week vacation.