Tag: sensex today

  • Sensex Falls 500 Points To Close Below 80,200, Nifty Settles Below 24,200 – News18

    Sensex Falls 500 Points To Close Below 80,200, Nifty Settles Below 24,200 – News18

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    The 30-share BSE Sensex fell for the second straight session, nosediving 1,064.12 points or 1.30% to close at 80,684.45, slipping below the 81,000 mark.

    Traders attributed the decline to sustained foreign capital outflows and a negative trend in global markets, dampening overall sentiment.

    Traders attributed the decline to sustained foreign capital outflows and a negative trend in global markets, dampening overall sentiment.

    Stock Market Updates: Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows.

    The 30-share BSE benchmark Sensex tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day. During the day, it tanked 634.38 points or 0.78 per cent to 80,050.07.

    The NSE Nifty declined 137.15 points or 0.56 per cent to 24,198.85.

    “The near-term market construct has turned weak, with FIIs turning sellers on rallies. Yesterday’s massive FII sell figure of Rs 6,410 crore in the cash market indicates that more selling is in store on market bounces.

    “The focus of global markets today will be the Fed decision expected tonight. A 25 bps rate cut is priced in by the market. So, the attention will be on the Fed commentary,” VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

    From the 30-share blue-chip pack, Tata Motors, Power Grid, NTPC, Adani Ports, JSW Steel, ICICI Bank, Larsen & Toubro and Bajaj Finance were the main laggards.

    In contrast, Tata Consultancy Services, Reliance Industries, Tech Mahindra and HCL Technologies were the gainers.

    Foreign Institutional Investors (FIIs) offloaded equities worth Rs 6,409.86 crore on Tuesday, according to exchange data.

    In Asian markets, Seoul, Shanghai and Hong Kong settled higher, while Tokyo ended lower.

    European markets were trading in the positive territory in mid-session deals. Wall Street ended lower on Tuesday.

    Global oil benchmark Brent crude climbed 0.48 per cent to USD 73.67 a barrel.

    Falling for the second day in a row, the BSE benchmark tanked 1,064.12 points or 1.30 per cent to settle at 80,684.45 on Tuesday. The Nifty tumbled 332.25 points or 1.35 per cent to 24,336.

    News business » markets Sensex Falls 500 Points To Close Below 80,200, Nifty Settles Below 24,200

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  • Sensex Tanks 1,064 Points, Nifty Plunges Over 330 Points To Settle Below 24,350 – News18

    Sensex Tanks 1,064 Points, Nifty Plunges Over 330 Points To Settle Below 24,350 – News18

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    The 30-share BSE benchmark Sensex declined 350.98 points to 81,397.59 in early trade.

    On Monday, the 30-share BSE Sensex dropped 384.55 points or 0.47% to close at 81,748.57, after falling 581.84 points or 0.70% intraday to touch 81,551.28.

    On Monday, the 30-share BSE Sensex dropped 384.55 points or 0.47% to close at 81,748.57, after falling 581.84 points or 0.70% intraday to touch 81,551.28.

    Stock Market Updates: Benchmark equity indices witnessed a sharp decline on Tuesday, as the BSE Sensex tanked 1,064.12 points to close at 80,684.45, while the NSE Nifty slumped 332.25 points to settle at 24,336.

    Key Highlights:

    Sensex: Dropped 1,064.12 points to 80,684.45

    Nifty: Declined 332.25 points to 24,336

    Top Losers: Banking and IT heavyweights under pressure

    Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday amid cautious investors approach ahead of the US Fed interest rate decision and selling in blue-chip stocks like Reliance Industries and HDFC Bank.

    By midday, the Sensex had fallen 953 points, or 1.2%, to 80,795.36, while the Nifty dropped 284 points, or 1.2%, to 24,383.

    From the 30-share blue-chip pack, Reliance Industries, Bharti Airtel, Nestle, Larsen & Toubro, Bajaj Finserv, HDFC Bank, JSW Steel and Titan were among the laggards.

    Tata Motors, Adani Ports, Tech Mahindra, HCL Technologies and Hindustan Unilever were the gainers.

    In Asian markets, Seoul, Shanghai and Hong Kong were trading lower while Tokyo quoted in the positive territory.

    Wall Street ended mostly higher on Monday.

    Foreign Institutional Investors (FIIs) offloaded equities worth Rs 278.70 crore on Monday, according to exchange data.

    Global oil benchmark Brent crude dipped 0.14 per cent to USD 73.81 a barrel.

    The 30-share BSE benchmark declined 384.55 points or 0.47 per cent to settle at 81,748.57 on Monday. The Nifty lost 100.05 points or 0.40 per cent to 24,668.25.

    News business » markets Sensex Tanks 1,064 Points, Nifty Plunges Over 330 Points To Settle Below 24,350

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  • Stock Market Updates: Sensex Falls 500 Points, Nifty Below 24,700 – News18

    Stock Market Updates: Sensex Falls 500 Points, Nifty Below 24,700 – News18

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    Stock Market Updates: Benchmark indices were trading lower in the pre-opening session.

    Stock Market Updates Today: Check Sensex, Nifty Latest Movements On December 16

    Stock Market Updates Today: Check Sensex, Nifty Latest Movements On December 16

    Stock Market Updates: The Indian equity market opened on a subdued note on December 16, with benchmark indices trading in negative territory during the pre-opening session. Benchmarks traded in the red on Monday, dragged down by losses in key financial and information technology stocks.

    Benchmark indices declined in early trade in line with weak global cues and caution ahead of the WPI inflation data to be announced later in the day.

    Investors will focus on the US Federal Reserve’s monetary policy decision on Wednesday, particularly the outlook for rate cuts in the coming year.

    The 30-share BSE benchmark Sensex declined over 500 points to 81,584 around 12.20 pm. The NSE Nifty was trading at 24,607.95 points.

    From the 30-share Sensex blue-chip pack, JSW Steel, Titan, Bharti Airtel, Nestle, Mahindra & Mahindra, Tata Consultancy Services, NTPC and Sun Pharma were the biggest laggards.

    ITC, Reliance Industries, UltraTech Cement, Bajaj Finance, IndusInd Bank and Asian Paints were the gainers.

    India’s wholesale inflation eased to 1.9 percent in November, down from 2.4 percent the previous month, as food prices cooled off, according to government data released on December 16. Additionally, consumer inflation dropped to 5.5 percent in November, down from a 14-month high of 6.2 percent in the previous month, driven by cheaper vegetable prices. This easing of inflation is expected to have a positive impact on the stock market, potentially boosting investor sentiment as it signals lower pressure on consumer spending and economic stability.

    In Asian markets, Seoul, Tokyo and Hong Kong were trading lower while Shanghai quoted in the green.

    Wall Street ended mostly lower on Friday.

    Foreign Institutional Investors (FIIs) bought equities worth Rs 2,335.32 crore on Friday, according to exchange data.

    Global oil benchmark Brent crude dipped 0.31 per cent to USD 74.26 a barrel.

    The rupee fell 3 paise to 84.83 against the US dollar in early trade on Monday, dragged down by a muted trend in domestic equities and elevated crude oil prices.

    Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks.

    At the interbank foreign exchange, the rupee opened at 84.83 against the greenback, registering a fall of 3 paise over its previous close.

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  • Stocks To Watch: Hyundai, Canara Bank, Afcons Infrastructure, Vodafone Idea And Others – News18

    Stocks To Watch: Hyundai, Canara Bank, Afcons Infrastructure, Vodafone Idea And Others – News18

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    Stocks To Watch: Shares of firms like Vodafone Idea, ITC, Ola Electric, Canara Bank, and others will be in focus

    Stocks To Watch

    Stocks To Watch

    Stocks To Watch On December 06: The markets had a volatile session, ending almost flat after three consecutive days of gains. In today’s trade, stocks of Vodafone Idea, ITC, Canara Bank, Hyundai Motor India, Ola Electric, and others will be in focus due to various news developments.

    Rate-sensitive Stocks:

    Investors will focus on banking, auto, and realty stocks as the RBI announces its policy decision at 10 AM today.

    Vodafone Idea (Vi): On December 9, Vi’s board will consider a proposal to raise Rs 2,000 crore from promoter Vodafone Group entities through a preferential issue.

    Hyundai Motor India: The company has announced a price hike of up to Rs 25,000 across its models, effective January 1, citing rising input costs, unfavorable exchange rates, and higher logistics expenses.

    Canara Bank: The RBI has approved Canara Bank’s stake sale in its mutual fund and insurance subsidiaries via an initial public offering (IPO). In March 2024, the bank’s board had approved the sale of stakes in these two subsidiaries.

    ITC: The conglomerate, spanning cigarettes to hotels, is expanding its network of Farmer Producer Organisations (FPOs), with plans to connect one crore farmers in the next 4-5 years and scale up sourcing of fruits and vegetables through this platform, according to S Ganesh Kumar, CEO of ITC’s Agri Business Division.

    FSN E-Commerce Ventures (Nykaa): Nykaa Fashion CEO Nihir Parikh has resigned and has been relieved of his duties with immediate effect.

    Ola Electric: The Central Consumer Protection Authority (CCPA) has requested additional documents from Ola Electric regarding a show cause notice issued in October related to 10,644 complaints.

    PSB Stocks: Public sector banks (PSBs) have fallen short of their annual targets for two key social security insurance schemes, Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). By October 2024-25, PSBs had met only 40% of the 64 million target for PMSBY and 30% of the 41 million target for PMJJBY.

    Procter & Gamble Hygiene & Healthcare: The company’s parent, P&G, has revamped its supply chain for the stainless steel strips used in its Gillette razors, now sourcing them from India. This move is expected to shield its margins from potential tariffs that may be imposed by US President-Elect Donald Trump.

    Garden Reach Shipbuilders & Engineers: The company has signed a contract for the construction and delivery of the second ship from a series of four additional 7,500 DWT multi-purpose vessels in Germany. In September, it secured an order for four more multi-purpose vessels.

    RITES: RITES has been appointed as the project management consultant (PMC) for the execution, supervision, and development of the phase II campus of the Indian Institute of Management Raipur (Chhattisgarh) project, valued at Rs 148.25 crore.

    Waaree Energies: The solar PV module manufacturer has received NABL accreditation for its PV module testing lab at its manufacturing facility in Chikhli, Gujarat.

    Afcons Infrastructure: The recently listed company has completed the longest tunneling drive on the Tughlakabad-Aerocity corridor for the Delhi Metro Phase IV project, in partnership with the Delhi Metro Rail Corporation (DMRC).

    News business » markets Stocks To Watch: Hyundai, Canara Bank, Afcons Infrastructure, Vodafone Idea And Others

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