Sensex falls for 3rd day, dips 303 pts; Asian Paints sinks 8%; IT index 3%

CLOSING BELL: The broader markets, meanwhile, bled more with the BSE SmallCap index sliding nearly 3 per cent, and the BSE MidCap index falling close to 2 per cent

10:35 AM

MCX Natural Gas likely to test new highs; key levels for MCX Crude Oil

The MCX Natural Gas futures may test Rs 704 as indicated on the daily charts; the bias for the remainder of the week is likely to remain bullish as long as Natural Gas sustains above Rs 673. READ HERE

10:27 AM

Sugar stocks extend fall, slip up to 9% as government restricts exports

Brokerage ICICI Securities believes this would not have any impact on sugar companies' fundamentals. Read here

10:19 AM

Minda Industries rallies 9% post Q4 results and 1:1 bonus issue

The management believes that the auto industry is at the cusp of revival, with favorable governmental policies and more new product launches planned by OEMs for the coming year. READ HERE

10:10 AM

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

>> The dominant trend impacting the market is the relentless selling by FPIs which, as on 25th May, has touched Rs 168421 cr for CY 2022. So long as this massive selling continues, the market will remain weak.

>> Another major trend in the market is the shift from growth to value. Value buying happening in segments like banking, in spite of FPI selling, is imparting resilience to such segments.

 

>> The government's initiatives to rein in inflation indicate margin compression for segments like sugar, edible oil and metals. But firms with pricing power can weather this storm.

 

>> The decline in the dollar index and the US 10-year bond yield is a near-term positive for emerging markets but that will be insufficient to improve market sentiments which are weak.

10:06 AM

Future group stocks mixed as earnings announcement delay

9:58 AM

Rollover data :: May F&O series

The Nifty May expiry rollover is at 48.61% on Tuesday compared to 50.7% on same day of previous expiry.

The Banknifty May expiry rollover is at 38.56% on Tuesday compared to 54.74% on same day of previous expiry.

The Market wide May expiry rollover is at 48.98% on Tuesday as compared to 60.25% on same day of previous expiry. 

Source: Nirmal Bang
 

9:50 AM

Sugar stocks under pressure on government's export heat

9:46 AM

Metropolis gains nearly 4% after it hit 52-week low on strong Q4 results

9:42 AM

Hindustan Motors surges over 7% on JV talks with European cos for EVs

9:37 AM

Adani Ports & SEZ declines over 2% on muted Q4 results

9:34 AM

Coal India abuzz ahead of Q4 results

9:32 AM

Opening bell: Asian Paints, Adani Ports, Tech Mahindra top Nifty 50 losers

9:28 AM

Opening bell: SBI Life, IndusInd Bank, HDFC Life top Nifty 50 gainers

9:26 AM

Opening bell: IT stocks bleed; Wipro hits 52-week low

9:22 AM

Opening bell: Broader markets trade firm; India Vix slips 4%