The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21

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	<strong>Stock market updates:&nbsp;</strong>Equity markets ended the last trading session of the financial year 2020-21 (FY21) on a tepid note as profit-booking in the private banking and IT sector outweighed buying in PSU banking, FMCG, and realty sectors. The headline S&P BSE Sensex settled the day at 49,509 levels, down 627 points or 1.25 per cent, while the broader Nifty50 ended at 16,691 levels, after erasing 154 points or 1 per cent.</div>
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	20 of the 30 constituents on the Sensex ended the day in the red with HDFC Bank, HDFC, Power Grid, Tech Mahindra, ONGC, ICICI Bank, Infosys, and Bajaj Finance leading the list of losers. On the Nifty, the list also included the likes of Hero MotoCorp, Asian Paints, Reliance Industries, and Coal India. All these stocks were down in the range of 1 per cent to 5 per cent.</div>
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	On the upside, Bajaj Finserv, ITC, SBI, HUL, Tata Motors, UPL, and Grasim surged up to 4 per cent.</div>
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	The overall market breadth remained neck and neck amid buying in broader markets. The S&P BSE MidCap index ended 0.07 per cenr higher while the S&P BSE SmallCap inndex advnced 0.52 per cent.</div>
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	<strong>FY21 Wrap</strong></div>
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	Despite the economy slipping into recession and all activity coming to a standstill for a few months due to the Covid-19 pandemic, markets registered their best financial year performance in a decade.</div>
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	The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21. Earlier during FY10, the S&P BSE Sensex had surged 80.5 per cent, while Nifty50 rallied 73.7 per cent.</div>
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	The gains in mid-and small-caps have, in fact, been sharper with both the indices rallying 91 per cent and 115 per cent, respectively on the BSE. <a href="https://www.business-standard.com/article/markets/markets-set-to-register-their-best-financial-year-performance-in-a-decade-121033100270_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	<strong>Global markets</strong></div>
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	Global stocks wavered on Wednesday while the safe-haven dollar held near five-month highs as Treasury yields resumed their upward march before US President Joe Biden announces a multitrillion-dollar plan to rebuild America&rsquo;s infrastructure.</div>
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	Europe&#39;s regional STOXX 600 index was up 0.2 per cent, while Britain&#39;s FTSE 100 was down 0.1 per cent.</div>
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	In Asia, MSCI&rsquo;s All Country World Index, which tracks stocks across 49 countries, traded 0.1 per cent lower. MSCI&rsquo;s broadest index of Asia-Pacific shares outside of Japan fell 0.3 per cent, its first monthly loss in five months.</div>
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	China&#39;s blue-chip index sank 0.9 per cent and Japan&#39;s Nikkei slid 0.9 per cent as investors sold financial shares amid growing uncertainty over the fallout from the margin calls that brought down Archegos Capital.</div>
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	<em><strong>(With inputs from Reuters)</strong></em></div>
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Sensex dips 627 pts as investors book profit on last trading day of FY21

Business Standard

Sensex dips 627 pts as investors book profit on last trading day of FY21 | News on Markets - Business Standard

FII/FPI & DII trading activity on NSE, BSE and MSEI

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<em>(Source: Bloomberg)</em><br />
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Oil rises on expectations OPEC+ will maintain supply discipline

Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their supply curbs into May.<br />
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	Brent crude futures rose 15 cents, or 0.2%, to $64.29 a barrel, after falling 1.3% on Tuesday. US West Texas Intermediate (WTI) crude futures jumped 15 cents, or 0.3%, to $60.70 a barrel, after falling 1.6% in the previous session.<br />
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	<em>(Source: Reuters)</em><br />
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&gt;&gt; At 8:34 am, the index was trading at 14,843 levels, down 86 points.<br />
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Wall Street ended lower as yields weighed on tech shares, financial stocks rose, their gains helped by signs the fallout from the Archegos meltdown would be relatively contained. The Dow Jones fell 0.31 per cent, the S&amp;P 500 lost 0.32 per cent and the Nasdaq dropped 0.11 per cent.

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	Asian stocks were mixed on Wednesday, as global financial shares retraced some of their recent losses, driven in part by higher bond yields.</div>
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	In early Asian trade, Australian ASX 200 surged 1.7 per cent while Hong Kong&rsquo;s Hang Seng index was up 0.3 per cent. Meanwhile, Japan&rsquo;s Nikkei fell 0.7 per cent.</div>

Good morning, readers! Welcome to the Business Standard live blog.

Sensex dips 627 pts as investors book profit on last trading day of FY21

The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21

FII/FPI & DII trading activity on NSE, BSE and MSEI

Rupee check

Oil rises on expectations OPEC+ will maintain supply discipline

SGX Nifty update

Wall Street update

Asian markets check

Good morning, readers! Welcome to the Business Standard live blog.