Sensex ends 147pts lower at 59,958; Nifty50 below 17,900; RIL declines 2%

CLOSING BELL: Broader markets, too, were subdued in trade as Nifty SmallCap 100 and Nifty MidCap 100 indices slipped up to 0.2 per cent

CLOSING BELL
 

Domestic markets closed in negative territory on Thursday ahead of the US inflation data and rising crude oil prices.
 

Key indices Nifty50 closed at 17,858 levels, down 37 points or 0.21 per cent, whereas the S&P BSE Sensex closed at 59,958 levels, down 147 points or 0.25 per cent. Throughout the day, the market mood remained subdued as Nifty50 hit day's low of 17,761 levels, down over 100 points, while the S&P BSE Sensex sank to 59,632 levels, down 450 points.
 

Broader markets, too, were subdued in trade as Nifty SmallCap 100 and Nifty MidCap 100 indices slipped up to 0.2 per cent.
 

Sectorally, Nifty IT and Nifty Media indices defied the gloomy sentiments as they rose up to 0.8 per cent. Nifty FMCG and Nifty Bank indices, on the flipside, declined up to 0.4 per cent.
 

Among individual stocks, shares of Nykaa, and Paytm dipped up to 9 per cent after their respective counters saw more than 20 million shares changing hands via block deals. READ MORE

Besides, shares of Varun Beverages were down for a third straight day, falling 4 per cent, amid heavy volumes. READ MORE

GLOBAL CHECK
 

The US equity futures edged lower in Thursday's trade ahead of the US inflation print. Experts expect easing in pricing pressure in the December inflation report. Key indices like Dow Jones Futures, the S&P 500 Futures, and NASDAQ Futures slipped up to 0.03 per cent.
 

European markets, however, were upbeat in trade this noon as Stoxx 600, FTSE 100, CAC 40 indices climbed up to 0.8 per cent.

4:12 PM

ALERT: Infosys reports 20% YoY rise in Q3 revenue; ups FY23 growth guidance

>> Revenue rises 20.2% YoY to Rs 38,318 crore
>> PAT grows 13% YoY to Rs 6,586 crore
>> Operating margin flat QoQ at 21.5%
>> FY23 revenue guidance revised to 16-16.5%, while operating margin guidance retained at 21-22%

4:11 PM

VIEW: Incoming inflation data in India, US kept market unstable

The domestic market continued to remain volatile as investors eagerly awaited the earnings of other IT majors after a cautious warning from TCS.

FIIs continue to dump Indian equities in search of cheaper investment avenues. Uncertainties over upcoming inflation numbers at home and the US kept the domestic market unstable, even as western peers stayed optimistic.

Views by Vinod Nair, Head of Research at Geojit Financial Services.

4:08 PM

Rupee ends at 81.55/$ against Wednesday's close of 81.58/$

4:01 PM

Action Construction gains 2%; bags govt order for supply of special mobile crane

3:58 PM

Cyient surges 4% on reporting 97% QoQ PAT rise in Q3

3:56 PM

Paytm slumps 6% on large block deal reportedly by Alibaba Group affiliate-Ant Financial

3:51 PM

National Standard ends in 20% upper limit on recording whopping Q3 sales growth

The company posted revenue of Rs 5.80 crore in the quarter ended December 2022 as against Rs 2.6 lakh last year.

3:46 PM

Maruti launches 2 SUVs at Auto Expo; stock ends 1% up

3:43 PM

Divi's Labs leads losses on Nifty, closes 3% down

3:41 PM

SBI Life claims top Nifty winner spot, rises 2%

3:40 PM

IT, Media, Auto indices defy weak market trend

3:38 PM

Tepid losses spread across broader market; Smallcaps slightly outperform

3:36 PM

HEATMAP: Reliance sinks 2%, banks other top drags on Sensex

3:34 PM

CLOSING BELL: Nifty ends near 17,850; index losers and winners split equally

3:32 PM

CLOSING BELL: Sensex partially pares losses; closes 147 pts lower