The market closed more than 2 percent higher in a volatile week that ended March 31. The 30-pack Sensex added 1,464.42 points, or 2.5 percent, to end at 58,991.52, while the broad-based Nifty rose 414.75 points. Domestic indices reported positive gains during the week.
The Nifty ended half a percent lower in FY23, while the Sensex gained about a percentage. India was the second-best performer among the emerging markets in FY 23.
Sensex settled higher by 346 points while Nifty inched closer to 17,100 level. On Friday, Indian shares will react to the US GDP data and weekly jobless claims. A decisive breakout above 17250 may take the index for a ride to the 17500–17600 zone where bears will be waiting.
The Nifty 50 index (.NSEI) was up 0.33% at 17,008.20 as of 9:42 a.m. IST. The S&P BSE Sensex rose 0.28% to 57,772.50. Broader Asian equity indexes rose.
Nifty 50 and Sensex continued to fall after a day's breather. Sigh of relief to investors rocked by wild swings in banking shares. Losses in IT and auto stocks pulled both SenseX and Nifty lower.
Gold is likely to outperform equities as an asset class at least in the short term. Gold has always been a 7-8% return asset class vs Sensex at 12-15%. If gold hits that level, it would be only if the world goes into an extreme panic zone.
50-stock index Nifty gained 40 points and closed at 16,985 levels. 30-stock index Sensex surged 126 points and ended at 57,653. In broad markets, mid-cap index went off 0.37 per cent. A bullish or bearish trend can be assumed on breakage of either side.
StocksTurmoil in the banking sector and rate hikes by the US Federal Reserve and Bank of England weighed on Indian equities. The 30-pack Sensex fell 462.8 points, or 0.79 percent, to close at 57,527.1, while the broad-based Nifty declined 155 points. It was third straight week of losses for the market.
Nifty50 index was trading 40.0 points down at 17036.9. Sensex was down 84.3 points at around 10:56AM. Adani Enterprises, Hindalco Industries, Kotak Mahindra Bank among top gainers.
Key indices Nifty50 traded flat above 17,050 levels, whereas the S&P BSE Sensex gained over 100 points to trade around 58,054 levels.BRoader markets, meanwhile, were mixed as Nifty Smallcap 100 index gained marginally higher than Nifty Midcap 100. Shares of Bajaj Hindusthan Sugar gained over 2 per cent after it acquired remaining 50 per cent stake in Indigenous Casting Technology.
Key indices Nifty50 lowered over 50 points to trade below 17,100 levels. The S&P BSE Sensex declined over 300 points to trading around 57,911 levels in march. Markets inched lower in trade as Nifty Midcap 100 and Nifty Smallcap 100 fell up.
The 30-share BSE benchmark Sensex reclaimed the key 58,000-level and the broader NSE Nifty surged past 17,100 on Tuesday. In a relief, the fag-end of the session closed at 17,107, showing a rise of 119 points or 0.7 percent.
The charts are building up for Nifty 50 and Sensex:Nifty LIVEThe headline index gains 94.9 points to touch 17,083.3 at the strongest level of the day so far.
The key benchmark indices started Tuesday's session on firm ground tracking positive global cues. The BSE Sensex opened 250 points higher at 59,913, and the NSE Nifty50 gained 65 points to reach right above 17,050.
The bears took charge of Dalal Street on march 20 after a two-day break. The Sensex closed points, or 0.62 percent, lower at 57,628.95 and the Nifty was down 111.60 points.
Indices Nifty50 tumbled over 250 points or 1.6 per cent to hit an intra-day low of 16,828 levels, whereas the S&P BSE crashed over 900 points or 1.5 per cent. All sectors, on the other hand, plunged in the sea of red, with the PSU Bank, and Metal indices declining up to 3%.
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.
Rajesh Gopinathan says journey with TCS wonderful, there couldn't be a better time to move onHere are some highlights of what the outgoing CEO said: 'company wanted to bring new CEO with onset of a new financial year'
Key indices Nifty50 climbed over 100 points to trade above 17,100 levels. The S&P BSE Sensex advanced over 400 point to trade around 58,078. India VIX meanwhile slipped over 5 per cent.
The Indian stock market took nascent positive cues from european equities and Wall Street futures. A bounceback in credit Suisse shares led to optimism of an end to the turmoil in banking shares around the globe.
The Nifty 50 index (.NSEI) was down 0.44% at 16,985.90. The S&P BSE Sensex (.BSESN) fell 0.42% to 57,311.13 as of 9:35 a.m. IST.EIght of the 13 major sectoral indexes logged losses. Metals (.NIFTYMET) index fell over 2% and was the top sectoral loser.
Singapore Exchange (SGX) Nifty futures rose as much as up 77 points or 0.4 per cent to 17,248 ahead of the opening bell on Dalal Street. Investors globally await a key US inflation reading due later in the day to gauge the future course of benchmark interest rates.
The benchmark Nifty and Sensex indices closed 1.49% and 1.52% lower on Monday, marking their lowest levels in seven months. The ripple effects of the closure were felt globally, wiping out 4.04 trillion of investor wealth in India alone.
The benchmark Sensex shed 897 points, or 1.5 per cent, to end the session at 58,238, its lowest close since October 14. The index is now down eight per cent from its record high of 63,284 logged on December 1. India Vix Index shot up 21 per cent to 16.22, indicating nervousness among investors.
The Sensex was down 897.28 points, or 1.52 percent, at 58,237.85, and the Nifty was down 258.60 points. The fallout of Silicon Valley Bank was followed by turmoil at Signature Bank, keeping investors worried about the strength of the US banking system.
Stock investors' wealth eroded by more than Rs 2.67 lakh crore in early trading on Friday. The key indices Sensex and Nifty were deep in the red, reflecting weak investor sentiment.
The Nifty and Sensex traded lower by 1.3 percent in early hours of trade. A strong report may lead the Federal Reserve to raise interest rates by 50 basis points on March 22. The s&p 500's bank index has hit its lowest level since mid-October.
The Sensex was down 541.81 points, or 0.90 percent, at 59,806.28, and the Nifty was down 164.80 points. Bears took charge and the selling extended in the second half.
Equity market opened sharply lower on Wednesday, with Sensex sliding more than 300 points as the US Federal Reserve's hawkish view on interest rate trajectory hit investor sentiments. Most of the Asian markets, including Hong Kong, were also trading in the negative territory.
A total of 23.3 crore shares will be released as part of the latest prepayment, the apples-to-airports conglomerate said. The prepayment will be against financing from various international banks and Indian financial institutions.
India equity benchmarks Sensex and Nifty50 finished almost one per cent weaker on Thursday. Weakness across major markets globally and sustained foreign fund outflows hurt investors' sentiment on Dalal Street.
Equity benchmark indices Sensex and Nifty ended marginally lower in a highly volatile trade on Tuesday. Investors prefer to stay cautious ahead of the release of minutes of the federal open market committee meeting. The market is keenly eyeing the US fed meeting minutes for hints on further monetary policy tightening.
The Sensex gained by 600 points to close at 61,032.26, while the Nifty 50 gained by 158 points. The company has received the work order worth Rs 14.83 crore for providing services for flexible pavement repair work.
Nifty50 index was trading 36.85 points down at 17579.45. Sensex was up 8.79 points at around 11:06AM. Adani Enterprises Ltd (AEL) unexpectedly called off its follow-on public offer.
BSE Sensex was trading 266 points or 0.44% lower at 60,780 while Nifty50 was trading at 18,084, down 81 points. Among Sensex stocks,and were the top laggards, falling about 0.5-1%., HUL,, L&T and also opened with cuts. Nifty Metal index fell 0.81% and Nifty IT declined 0.46%.
The Indian equity market extended the winning streak on the second consecutive session with benchmark indices crossing major levels. The market started the day on a flat note, but pick-up the pace as the day progressed with Nifty making a high close to 18,200, while Sensex also went above 61,100.
Sensex dipped 168.21 points or 0.28 per cent to settle at 60,092.97. Index heavyweights Reliance Industries and HDFC Bank were among the major laggards.
Indian frontline indices Sensex and Nifty50 will resume trading on Tuesday. Broader market nifty50 finished at 17,894.85, down 61.75 points or 0.34 per cent. The banking gauge settled at 42,134.85, lower by 236.40 points.
India's domestic indices started 2023 on a downbeat note after a decent end in 2022. Nifty and Sensex lost 1.98 percent and 1.86 percent so far in January. Analysts are anticipating a modest impact on the Indian markets in the short term.
Inflows into open-ended equity mutual funds jumped three times to Rs 7,303.39 crore in December from the previous month. Investors added positions amid weakness in the market. The Sensex slipped close to 4 percent in December.
Benchmark equity indices opened lower on Tuesday, dragged by losses intwins and IT stocks. The BSE Sensex was trading 562 points or 0.93% lower at 60,184. Nifty50 slipped to 17,949, down 151 points or 0.8% at around 10.48 am.
Sensex traded 5 percent below its top level in 2022 on 140 of the 248 days that year, or almost 56 percent of the entire trading year. The year 2022 was a perfectly normal year for Equities both from a volatility and bad news standpoint.
Benchmark NSE Nifty index rose 21.2 points to 18218.65 amid buying in frontline bluechip stocks. Shares of Pritika Engineering Components Ltd.,, Varanium Cloud Ltd. And, hit their fresh 52-week highs at 10:09AM(IST) On the BSE Sensex was trading 63.58 points up at 61231.37.
The Sensex closed above 61,000 amid thin trading volumes as several other Asian markets were closed for the New Year Holiday. The US will release the December policy meeting minutes on Wednesday, which investors will parse through for clues on the direction of interest rates.
South Korea's Kospi fell 0.5% to 2,225.80 and the Sensex in Mumbai gained 0.4% to 61,115.66. The Dow dropped 0.2% on Friday to close at 33,147.25, down 8.8% for the year. The Nasdaq slipped 0.1% to 10,466.48, racking up an annual loss of 33.1%, including dividends. The S&P 500 posted a 5.9% loss for the month of December and a 19.4%.
SGX Nifty was an early indicator of sentiment on the NSE Nifty50. The 30-share BSE Sensex closed down 293.14 points or 0.48 per cent at 60,840.74. 13 markets, including US markets, will remain closed today.
In the last week of 2022, the equity benchmarks lost 3.5 percent each. In the previous month, Sensex gained 3.87 percent and Nifty climbed 4.14 percent. By the end of the month, they dropped 4 percent each from their respective highs. The market will remain in a broad trading range of 18,500 and 17,800.
Broader market Nifty50 ended at 18,105.30, down 85.70 points or 0.47 per cent. S&P BSE Sensex closed at 60,840.74, down 293.14 points. On weekly basis, benchmarks ended with gains with Nifty 50 higher by 1.74 per cent according to expert.
The Sensex and Nifty ended 2022 with 4.4 per cent and 4.3 per cent gains respectively, the seventh consecutive year of gains. A seven-year consecutive return happened only once in the past, between 1988-94. The longest winning streak of Nifty was from 2002-2007, and in 2008 it declined by 52 per cent.
Sensex and Nifty lost 3.5 percent each for the month of December. The domestic market trend during the week was influenced by the movements of its global counterparts.
Stock markets are bracing for sustained volatility in the coming months of 2023. The Sensex gained 2.48 per cent, or 293 points, at 60,840.74. A major reason for the lacklustre show of the markets in 2022 was withdrawal of Rs 1.11 lakh crore from Indian stocks.
Indices wobbled on the last day of trading of 2022. They clocked a gain of over 4 per cent, outperforming several of their global counterparts. The stock markets saw selling in the banking, technology and capital goods counters on Friday.
Indian indices opened on positive note on the last trading session (December 30) of the calendar year 2022 with NiftyThe Sensex was up 159.78 points or 0.26% at 61293.66. About 1636 shares have advanced, 373 shares declined. Losers were M&M, Nestle India, Eicher Motors, Asian Paints and HDFC Bank.
The Nifty 50 index was down 0.58% at 18,017.85, as of 11:27 a.m. IST, and the S&P BSE Sensex fell 0.54% to 60,578.03. All major sectoral indexes declined, with financials, auto, fast moving consumer goods, and oil and gas shedding over 0.75%.
