Sensex falls 361 pts, Nifty holds 17,500; Realty index drags; VIX cools 6%
Stock market LIVE: Broader markets end mixed; BSE Midcap falls 0.11 per cent and Smallcap index rises 0.48 per cent
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The benchmark indices ended lower for the fourth straight day on Friday amid slowing global economic growth and inflation fears. At close, the Nifty50 index was down 86 points at 17,532 while the BSE Sensex ended with a loss of 361 points at 58,765. The broader markets, however, ended the day in the positive territory with the BSE Midcap and Smallcap indices rising 0.5 per cent each.
Sectorally, buying was seen in pharma, metal, PSU Bank and energy sectors whereas selling was witnessed in realty, banking and IT space.
10:21 AM
TECH VIEW :: Rohit Singre, Senior Technical Analyst at LKP Securities
Index closed a week at 17532 with a loss of nearly two percent and formed a bearish candle on the weekly chart. on daily chart index formed a Doji candle pattern on Friday session which hints indecision in the markets, going forwards index has formed supports near 17450-17400 zone if managed to sustain above said levels one can expect a decent pullback towards immediate & strong hurdle zone of 17620-17740 where one can lock immediate profit in longs also the overall range for the nifty is coming in between 17300-18000 zone.
10:20 AM
CLOSING COMMENTS :: Vinod Nair, Head Of Research at Geojit Financial Services
Despite favourable growth India’s core sector output, which accelerated by 11.6% in August from 9.9% in July, domestic indices were in red reflecting weak global cues and losses in heavyweights. High Eurozone inflation at 3.4% in September, slowing global growth and the existing Chinese crisis bolstered global sell-off. The auto sector is hold-on despite weak sales, in anticipation of festival demand, as numbers from major manufacturers showed a fall in September sales mainly due to semiconductor supply shortage.
10:20 AM
Listing Day Action:: Paras Defence ends at 5% upper circuit
>> Listing price: Rs 475
>> Issue price: Rs 175
>> Issue price: Rs 175
10:16 AM
ZEEL falls 3% as Zee board rejects Invesco's demand to hold EGM
>> Taking a confrontation stand against its largest shareholder, the Zee board on Friday rejected its demand to hold an extraordinary general meeting to remove current MD and CEO, Punit Goenka and induct its nominees.
10:13 AM
VST Tillers ends at 10% upper circuit on pact with Zimeno
>> Company has entered into a Master Service agreement with Zimeno, Inc, USA. to develop integrated tractor powertrain for electric tractor of Zimeno, Inc.
10:11 AM
India VIX eases 6.5%
>> Volatility index, India VIX, slipped 6.48% to 17.21
10:10 AM
Sector Watch :: Realty, Financial Services lead losers
10:09 AM
BROADER MARKETS trade outperform with benchmark
10:08 AM
Sensex Heatmap | Top gainers & losers at close
10:05 AM
CLOSING BELL :: Nifty ends below 17,550
10:03 AM
CLOSING BELL :: Sensex falls for 4th day straight, down 361 points
9:58 AM
Sept Auto Sales :: TVS Motor registers a sales growth of 6% YoY at 347,156 units
>> Total two-wheelers registered a growth of 6% with sales of 332,511 units
>> Motorcycle registered a growth of 19% with sales of 166,046 units
>> The company's total exports registered a growth of 20% with sales of 102,259 units
9:57 AM
SEPT SALES DATA :: M&M
9:35 AM
IPO UPDATE :: Sun Life AMC subscribed over 3 times so far on Day 3
9:17 AM
Tata Power market-cap crosses Rs 50,000cr mark; stock up 8% at a 13-yr high
Shares of Tata Power Company continued to climb higher, hitting a new 13-year high at Rs 165, up 4 per cent on the BSE in Friday’s intra-day trade, on improved outlook. The stock of Tata Group electric utilities company was trading higher for the fourth straight day and has rallied 19 per cent during the period. The previous record high was Rs 158 recorded on January 4, 2008. READ MORE
Topics : MARKET LIVE Sensex Nifty BSE NSE US markets Asian markets SGX Nifty News Midcap Smallcap Maruti Suzuki Adani Green Energy Philips Carbon Black
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First Published: Oct 01 2021 | 8:20 AM IST