CLOSING BELL: nfosys, ICICI Bank, Kotak Bank, ITC, and Tata Steel were the large-caps that helped the 30-pack index bounce back from lows

MARKET LIVE: Sensex, Nifty turn flat; metals, pvt banks lead; realty slide

<b>CLOSING BELL<br />
<br />
Stock market highlights:&nbsp;</b>A gap-down opening was steadily bought into by the afternoon as investors bet on metals, private banks, and auto players. In contrast, most realty, FMCG, and IT stocks traded weak on Monday.&nbsp;&nbsp;<br />
<br />
<div>
	The S&P BSE Sensex recouped 379 points from the day&#39;s low to close at 55,675, down 94 points or 0.17 per cent. The NSE Nifty50, on the other hand, ended at 16,570, down 15 points or 0.09 per cent.</div>
<br />
<div>
	Infosys, ICICI Bank, Kotak Bank, ITC, and Tata Steel were the large-caps that helped the 30-pack index bounce back from lows, even as Asian Paints, Reliance Industries, Bajaj Finserv, HDFC, L&T, HUL, Ultratech Cement, and Axis Bank exerted pressure.</div>
<br />
<div>
	Meanwhile, in the broader market, the BSE MidCap index dipped 0.15 per cent, while the BSE SmallCap shed 0.54 per cent.</div>
<br />
<div>
	<strong>Global cues</strong></div>
<div>
	European stocks advanced on Monday with the pan-European Stoxx 600 adding 0.9 per cent in early trade. On Wall Street, futures linked to the three main indices were up over 1 per cent each.</div>
<br />
<div>
	In Asia, Nikkei gained 0.56 per cent, Kospi climbed 0.4 per cent, and Shanghai Composite added 1.3 per cent.&nbsp;</div>
<br />
<br />

Sensex slips 94 pts, Nifty holds 16,550; Oil India soars 11%, LIC falls 3%

Business Standard

Sensex slips 94 pts, Nifty holds 16,550; Oil India soars 11%, LIC falls 3% | News on Markets - Business Standard

Opening bell: ONGC, Cipla, Bajaj Auto top Nifty50 gainers

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544878585504.png

Opening bell: Smallcaps underperform Midcaps; India Vix in green

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544876882895.png

Opening bell: Sectors swing between gains and losses; IT, media stocks down

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544876158028.png

Opening bell: 13 out of 30 Sensex stocks open in green

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544874663624.png

Opening bell: Sensex slips over 100 points

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/1654487403669.png

Opening bell: Flat start for Nifty50 below 16,600 levels

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544872882693.png

Pre-open session: Sensex sheds over 150 points

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/165448682292.png

Pre-open session: 12 out of 30 Sensex stocks in positive zone

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544868723329.png

Pre-open session: Nifty 50 breaks below 16,500 levels

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544866714515.png

CURRENCY CHECK: Rupee opens higher against US dollar

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544865388195.png

Most economists see 50-bp repo rate hike: Business Standard policy poll

FY23 inflation projection may go above 6%; liquidity steps anticipated. <a href="https://www.business-standard.com/article/finance/most-economists-see-50-bps-repo-rate-hike-business-standard-policy-poll-122060500957_1.html?1654486096" target="_blank"><strong>READ MORE</strong></a><br />
<br />
<div style="float: left; max-width: 600px;">
	<img align="" alt="RBI governor Shaktikanta Das" class="imgCont" height="463" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-04/08/full/1649395612-0512.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="RBI governor Shaktikanta Das" width="620" /></div>
<br />

Stocks to Watch: M&M, Tata Coffee, Voda Idea, Coal India, Hindalco, REL

Stocks to Watch Today: The Aditya Birla Group has planned a massive Rs 77,000 crore capex; Meanwhile, this week the focus will be on rate sensitive sectors ahead of the RBI policy meet on Wednesday. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-m-m-tata-coffee-voda-idea-coal-india-hindalco-rel-122060600091_1.html?1654485970" target="_blank"><strong>READ HERE</strong></a><br />
<br />
<div style="float: left; max-width: 600px;">
	<img align="" alt="stock markets" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-05/30/full/1653934896-9577.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="stock markets" width="620" /></div>
<br />

SGX Nifty indicates a negative start below 16,550 levels

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16544857730953.png

DIIs buy equities worth Rs 2360.51 crore on Friday

FIIs sell equities worth Rs 3770.51 crore on Friday