Sensex ends 152 pts lower ahead of US Fed decision; Nifty dips below 15,700

CLOSING BELL: NTPC, Infosys, HUL, Wipro, and RIL slipped over 1 per cent each

10:06 AM

Market view: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

>> More than the quantum of the rate hike (50 or 75 bp) it would be the message from the Fed in today's policy announcement that would determine the market direction. The market is prepared for a 75bp rate hike and, therefore, that decision, if it comes, is unlikely to rattle markets.
 

>> In India, relentless FPI selling is the major negative. With dollar index above 105 and US 10-year bond yield at 3.46 %, FPIs are likely to continue selling, pulling the market down from every rally. A sustained upward move in the market is possible only when the FPIs substantially reduce selling. The only sensible investment strategy in this scenario is to slowly accumulate high quality stocks whose prices are depressed not because of poor fundamentals, but sustained FPI selling.

10:01 AM

MCX Crude Oil may test Rs 9,000-mark; Key hurdle for Natural Gas at Rs 590

The MCX Natural Gas futures can slide all the way towards its 100-DMA placed at Rs 485-level; Crude Oil prices may see share reaction on breakout of the Rs 9,000-9,700 expected trading band. READ HERE

9:56 AM

Varun Beverages rallies 5%, hits record high on strong earnings hope

VBL is expected to benefit from a strong recovery going forward, led by growing out-of-home consumption, with the opening up of offices and traveling, uptick in volumes in new territories. READ HERE

9:47 AM

Network18 gains 2% after winning digital media rights for IPL

9:42 AM

Adani Group stocks upbeat; Adani Power surges over 2%

9:37 AM

Sugar stocks edge higher in a weak market

9:34 AM

Capri Global gains 1% after LIC hikes stake

9:30 AM

IDBI Bank abuzz after it raises rates on retail term deposits

9:27 AM

Nifty50 top laggards: RIL, HDFC, HUL

9:25 AM

Nifty50 top leaders: Tata Motors, M&M, Tata Steel

9:22 AM

Broader markets outshine benchmark; India Vix moves in green

9:21 AM

Nifty Media upbeat above 1%; FMCG stocks under pressure

9:18 AM

Opening bell: 8 out of 30 Sensex counters sulk in red

9:17 AM

Opening bell: Positive start to trade; Sensex above 52,700 levels

9:16 AM

Opening bell: Nifty50 opens above 16,700 levels