Sensex slips for 3rd day, ends 237 pts down; HDFC duo top drags, ITC up 2%
CLOSING BELL: HDFC, HDFC Bank, Maruti Suzuki, Dr Reddy's Labs, Tata Motors, PowerGrid, Asian Paints, Bajaj Finserv, Kotak Bank, Titan, Cipla, and Eicher Motors were the top laggards on the Nifty index
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(Photo: Bloomberg)
Technical View: Rupak De, Senior Technical Analyst at LKP Securities
Nifty remained volatile with a largely negative bias throughout the session. On the lower end, the index challenged the support levels of 17400-17450. On the higher end, it failed to sustain above 17600. Going ahead, the weakness may continue. Crucial support is seen at 17400, below which a serious correction in the market may be witnessed. On the higher end, resistance is visible at 17600/17800
European markets edge lower ahead of ECB policy outcome
US equity futures trade on a positive note
Market view: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
Though the global markets have already factored higher levels of inflation owing to high fuel and food prices, the unfavourable numbers dampened investor sentiments. The ECB policy decision will be closely monitored for direction on how the Central bank plans to balance slowing growth and record-high inflation. With the onset of the earnings season, the market is likely to be buoyed by sector specific momentum.
Closing bell: Over 1,100 stocks advanced whereas 927 declined
Closing bell: Anand Rathi, AU SFB, BEL among stocks that hit 52-week high
Closing bell: 11 Sensex stocks close in positive zone
Closing bell: Maruti, HDFC Twins, Dr Reddy's top Nifty 50 losers
Closing bell: ONGC, Apollo Hospitals, UPL top Nifty 50 gainers
Closing bell: Smallcaps outshine Midcaps; India Vix slips below 2%
Closing bell: Most sectors dive in negative territory
Closing bell: Sensex closes lower 3-days in a row
Closing bell: Nifty 50 slips below 17,500 levels
UK's annual inflation rate highest in 30 years
HDFC Twins fall nearly 2% each
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First Published: Apr 13 2022 | 8:15 AM IST