Benchmark indices lost over 2% last week despite mild recovery towards the fag-end, weighed down by weak global sentiments and fears of banking contagion in the us. IndusInd Bank lost nearly 11% and TCS was down 5%. Both companies were under pressure due to issues related to the management.
IndusInd Bank stock traded lower on Tuesday ahead of its December 2022 quarterly results. The bank will announce its Q3 results tomorrow. Among key factors to monitor would be the cost of funds amidst rising deposit rates and the management outlook. In Q3, net advances stood at ₹2,71,966 crore up 19% YoY and 5% QoQ, while deposits came in at � 3,25,491 crore higher.
Indian stocks are in for a busy week with economic data, ongoing quarterly earnings, and foreign fund trading activity deciding the direction for investors. This week market will react to the earnings of some major names, including HDFC Bank, IndusInd Bank, Asian Paints, JSW Steel, and HUL.
The stock was up 1.7% in today's trading session. Titan, Maruti Suzuki, IndusInd Bank, M&M, Power Grid and UPL were the top Nifty gainers. The company has incorporated a wholly owned subsidiary, BEST Smart Metering.
The 30-share BSE Sensex climbed 144.61 points or 0.23 per cent to settle at 62,677.91. The broader NSE Nifty advanced 52.30 points to end at 18,660.30. Tech Mahindra, Tata Steel, NTPC, IndusInd Bank, State Bank of India, Power Grid, HCL Technologies, Tata Consultancy Services and Larsen & Toubro were the major winners.
The 30-share BSE Sensex climbed 144.61 points or 0.23 per cent to settle at 62,677.91. The broader NSE Nifty advanced 52.30 points to end at 18,660.30. Tech Mahindra, Tata Steel, NTPC, IndusInd Bank, State Bank of India, Power Grid, HCL Technologies, Tata Consultancy Services and Larsen & Toubro were the major winners.
Nifty and Sensex look set to end the week with losses after two straight week of gains. CJ explains what is driving the losses in the market and what's the outlook for next week. Plus his thoughts on YES Bank, IndusInd Bank and Syrma SGS.
NSE Nifty50 index was trading 46.45 points up at 18206.4, while the 30-share BSE Sensex was up 154.19 points at 61299.03 at around 10:14AM. Sugar stocks were trading lower on Tuesday. UltraTech Cement(up 2.22%), Grasim Industries(up 1.75%), Hindalco Industries(ups 1.03%), IndusInd Bank(up 0.97%), ITC(ups 0.83%), Adani Enterprises(up.83%), Dr Reddys Laboratories, Larsen & Toubro and NTPC (up.78%) were among the top gainers.
Coal India and Coal India were among the most-sold stocks by domestic funds in October. On the other hand, invested the most in IndusInd Bank, (RIL) and Infosys. In October, net bought shares worth Rs 6,300 crore and (FPIs) pumped in Rs 7,600 crore.
S&P BSE Sensex went up more than 1,000 points in the start of the session and was up 992 points to 61,609 level at 10.30 am. Nifty50 was up 283 points to 18,311.95 level. Infosys, Wipro, Tech Mahindra, Tata Steel, HCL Technologies and IndusInd Bank led the gains.
Nifty50 index ended 51.7 points up at 17563.95, while the 30-share BSE Sensex closed up 95.71 points at 59202.9. IndusInd Bank(down 4.8%), Asian Paints(down 2.24%), Apollo Hospitals Enterprises (down 1.51%), UltraTech Cement(down 1.5%), HDFC Bank (down 0.68%), HDFC (down 0.53%), Axis Bank(up 0.49%), ICICI Bank (up 0.39%) and SBI
Nifty recovered nearly 100 points from its day’s low but witnessed strong selling pressure at higher levels. UPL, HCL Technologies, and Nestle India are the top gainers from Nifty 50 stocks. IndusInd Bank has tanked 4 per cent despite posting good results and is the top loser.
Key indices Nifty50 declined over 50 points to trade below 17,450 levels and S&P BSE Sensex lowered over 200 points. Nifty Midcap 100 and Nifty Smallcap 100 slipped up to 0.8 per cent. All sectors plunged in the sea of red as investors’ risk appetite worsened.
Yen crept close to the psychological barrier of 150 per dollar after earlier marking a fresh 32-year low of 149.93. The yield on the 10-year U.S. Treasury note touched a 14-year high, brushing off a weak housing report.
IPO listing date is 20th October 2022. Shares of 'B' group of securities in special pre-open session. Private lender IndusInd Bank reported a rise of 60.4 per cent in net profit.
The 30-share BSE Sensex was down 690.25 points at 58429.47 at around 10:19AM. Power Grid Corporation of India (down 3.02%), Mahindra & Mahinedra (down 2.93%), IndusInd Bank (down 2.6%), Kotak Mahind Bank(down 2.64%), HDFC(down 2.59%), Axis Bank(up 2.38%), UPL Ltd(down 1.82%) and Bajaj Finance (down 1.77%) were
The 30-share climbed 54.13 points or 0.09 per cent to settle at 59,085.43. IndusInd Bank topped the gainers chart with a jump of 2.86 per cent, followed by NTPC, Larsen & Toubro, ICICI Bank, Power Grid, HDFC, Kotak Mahindra Bank, and Asian Paints.
Nifty closed 0.16% higher at 17,604.95, after having fallen as much as 0.45% Sensex ended up 0.09% at 59,085.43. Apollo Hospitals and IndusInd Bank were the top gainers on Nifty, up 3.4% and 2.9%.
The S&P BSE Sensex rose 760.37%, or 1.41%, to 54,521.15 points. The NSE Nifty 50 index too surged 229.30 points to 16,278.50. Stocks that increased the most include IndusInd Bank (4.36%), Infosys (4.16%), Tech Mahindra (3.54%), Bajaj Finserv and Axis Bank. “Markets are largely mirroring their global counterparts, especially the U.S., while domestic factors like macroeconomic data and earnings cause volatile swings in between,” said Ajit Mishra.
Sensex and Nifty spurted over 1% at close on Monday following buying in IT, oil and gas and banking shares. IndusInd Bank, Infosys, Tech Mahindra, Bajaj Finserv, Axis Bank and UltraTech Cement were the major gainers. Foreign institutional investors sold shares worth ₹1,649.36 crore in capital market on Friday.
Sensex, Nifty, Share Prices Today: The benchmark equity indices on the BSE and NSE ended over 0.5 per cent lower. IndusInd Bank, Bharti Airtel, HDFC twins – Housing Development Finance Corporation and HDFC Bank, Reliance Industries and Tata Consultancy Services were the top losers on Wednesday.
BSE Sensex jumped over 300 points, NSE Nifty 50 climbed above 16,200. Metal and realty were the only sectors to end lower. L&T, Power Grid, NTPC, ICICI Bank and Axis Bank were the top achievers. Tata Steel, IndusInd Bank, Maruti, Tata Consultancy Services (TCS) and Wipro were the biggest draggers.
The 30-share BSE Sensex rose 427.49 points or 0.80 per cent to close at 54,178.46. Tata Steel, Larsen & Toubro, IndusInd Bank, M&M, ICICI Bank, Kotak Mahindra Bank and HDFC Bank were the other major gainers, rising up to 4.88 per cent.
The Indian equity markets opened in the green amid mixed global cues on Wednesday morning. The Sensex was up 282.28 points or 0.53 per cent at 53416.63, and the Nifty was up 61.30 points at 15872.20. Asian Paints, L&T, Axis Bank, Kotak Bank, Maruti, HUL, Ultratech Cement, and IndusInd Bank led gains on the Sensex.
Kotak Mahindra Bank and IndusInd Bank penalised for non-compliance with certain Know Your Customer (KYC) norms. Besides, the RBI has also imposed penalties on four co-operative banks. The penalties are based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of the validity.
The RBI has also imposed penalties on four co-operative banks. A penalty of Rs 1.05 crore has been imposed on Kotak Mahindra Bank for contravention of certain norms related to ‘The Depositor Education and Awareness Fund Scheme, 2014’ and for non-compliance with the directions on ‘Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions’
BSE Sensex surged 326 points to 53,234.77, while NSE Nifty 50 closed above 15,800 levels. Top gainers were Hindustan Unilever, IndusInd Bank, ITC, ICICI Bank and Power Grid. Metal fell almost 1 percent, while FMCG was the top gainer. India VIX fell to 20.97 levels.
Sensex reverses losses to end 300 points up, Nifty over 15,800 as FMCG gains; ITC touches 52-week high. Top gainers included HUL, Britannia Industries, IndusInd Bank, ITC, Power Grid, and ICICI Bank. ONGC Tata Steel, TCS, JSW Steel, and Cipla were the drags.
