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Markets extend losses for 6th session in a row; Nifty settles below 9,900

All that happened in today's trade

SI Reporter New Delhi
Nifty
Source: NSE

Last Updated : Sep 26 2017 | 4:05 PM IST

Key Events

4:05 PM

Anand James, Chief Market Strategist, Geojit Financial Services
 
Domestic indices pared the initial losses stimulated by a pull back in the banking stocks. Strong put writing was also seen at the 9800 strike indicating that traders may have deemed the downside a bit overdone, setting the stage for short covering ahead of the F&O expiry. GST council meeting scheduled in the first week of October may also enthuse the investors now, while the sharp weakness in rupee shall also give reprieve to exporters.

3:57 PM

Nifty Realty leading sectoral gainer 

All but two stocks were trading in red.  

Source: NSE



3:45 PM

Sensex heatmap at close


3:38 PM

Broader markets outperform 
 
Broader markets bucked the weak trend with the BSE Smallcap and the BSE Midcap indices gaining 1% and 0.4%, respectively.

3:37 PM

Markets at close

The S&P BSE Sensex settled the day at 31,599, down 26 points, while the broader Nifty50 was ruling at 9,871, down 1 point. 

3:26 PM

Volatility index

India VIX eases over 3% to 13. 

Source: NSE

3:15 PM

Nifty Metal index recovers after five-session losing streak 

Source: NSE

3:06 PM

Buzzing stocks 
 
ITI, Indiabulls Ventures, Graphite India, Signet Industries, Deep Industries, MIRC Electronics, HEG and OM Metals Infraprojects are among the 39 stocks from the S&P BSE Smallcap index that have recovered more than 10% after a bounce back in equity market in late noon trade. READ MORE

 

2:59 PM

Top five losers on Nifty

Source: NSE



2:45 PM

D-Mart market-cap crosses Rs 75,000 crore
 
Avenue Supermarts, which owns and operates D-Mart retail chain, have joined the league of companies with market capitalization(m-cap) of more than Rs 75,000 crore after more than 15% rally in shares on Tuesday. READ MORE

2:26 PM

Broader markets outperform 
 
The BSE Smallcap index gained over 15, while the BSE Midcap index was up 0.7% in the noon deals. 

2:24 PM

Mrakets check 

At 2:15 pm, the Sensex was trading at 31,618, down 8 points, while the broader Nifty50 was ruling at 9,871, down 0.75 point. 

2:07 PM

Why the rupee could touch 66 in the next four months
 
To conclude, the risks to USD/INR stemming from global and domestic factors are skewed to the up side. While 64.35 would be a key support on the down side, levels of 65.50 and 66.00 could be seen in 4-6 months time frame. READ FULL ANALYSIS

1:48 PM

D-Mart hits new high
 
Shares of Avenue Supermarts, which owns and operates D-Mart retail chain, on Tuesday, hit a new high of Rs 1,218, up 18% on the National Stock Exchange (NSE) in intra-day trade in an otherwise weak market on heavy volumes. READ MORE


1:33 PM

BSE-500 underperforms Sensex in last 5 sessions
 
The selling spree continued on Dalal Street amid weak domestic and global cues. As the S&P BSE Sensex and the Nifty50 shed over 2% in the last five sessions, there were at least 45 stocks on the BSE-500, which tanked over 10% during the same period.  CLICK HERE FOR FULL REPORT

The benchmark indices trimmed most of its intraday losses to end flat with the Nifty50 reclaiming its crucial 9,850 mark ahead of derivatives expiry of September series due on Thursday. 

The markets extended losses in line with Asia and logged sixth straight session of declines, as continued tensions on the Korean Peninsula prompted investors to move into safer assets.

North Korea’s foreign minister said on Monday that the United States had declared war on the country and Pyongyang reserved the right to take countermeasures.

Meanwhile, investors await US Federal Reserve Chair Janet Yellen’s speech later in the day for clarity on whether the Fed will stick to its plan to raise interest rates in December.

European markets were trading lower, while Asian shares withered, with MSCI’s broadest index of Asia-Pacific shares outside Japan shedding as much as 0.7% to a near three-week low.

First Published: Sep 26 2017 | 3:35 PM IST