Market Close Highlights, Oct 15: Sensex sheds 153 pts; RIL falls 2%; Smallcap stocks outperform
Stock Market Today: Bears took the reins on the D-Street as 21 out of 30 constituent stocks of BSE Sensex ended in red, dragged by Bajaj Finance, Reliance Industries, and Tata Steel
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Share Market Today: Foreign institutional investors (FIIs) net sold shares worth Rs 3,731.59 crore, while domestic institutional investors (DIIs) purchased shares worth Rs 2,278.09 crore on Monday, October 11. (Photo: Bloomberg)
Stock Market Highlights, Tuesday, October 15, 2024: Benchmark equity indices BSE Sensex and NSE Nifty50 pared the early gains to settle in the negative territory on Tuesday.
The BSE Sensex shed 152.93 points or 0.19 per cent to settle at 81,820.12. Similarly, Nifty50 ended at 25,057.35, down 70.60 points or 0.28 per cent.
The BSE Sensex shed 152.93 points or 0.19 per cent to settle at 81,820.12. Similarly, Nifty50 ended at 25,057.35, down 70.60 points or 0.28 per cent.
Bears took the reins on the D-Street as 21 out of 30 constituent stocks of BSE Sensex ended in red, dragged by Bajaj Finance, Reliance Industries, Tata Steel, JSW Steel, and Tech Mahindra with losses extending up to 2.47 per cent. Conversely, ICICI Bank, Bharti Airtel, Asian Paints, Adani Ports, and UltraTech Cement were among 9 stocks that ended in green with gains extending up to 1.95 per cent.
Notably, among the broader markets, smallcap stocks outperformed the benchmarks, with Nifty Smallcap 100 index ending higher by 1.11 per cent. Nifty Midcap 100, too, ended higher by 0.21 per cent.
Nifty Realty index outperformed all the other sectoral indices, ending higher by 2.05 per cent. FMCG, Consumer Durables, Bank Nifty, Media, and select healthcare stocks ended in green.
On the other hand, Financial Services, IT, Metal, PSU Bank, Auto, and OMC ended in red on Tuesday.
Nifty Realty index outperformed all the other sectoral indices, ending higher by 2.05 per cent. FMCG, Consumer Durables, Bank Nifty, Media, and select healthcare stocks ended in green.
On the other hand, Financial Services, IT, Metal, PSU Bank, Auto, and OMC ended in red on Tuesday.
3:57 PM
Comment: Market's fall influenced by mixed global trend, partial profit-booking
The domestic market experienced a downturn, influenced by a mixed global trend and partial profit-booking. Although declining crude prices are beneficial for the domestic economy, they signal weakening global demand.
Additionally, India’s CPI surged driven by food prices, which will delay expected rate cuts. Furthermore, subdued corporate Q2 results are leading to a cautious stance.
(Comment by: Vinod Nair, Head of Research, Geojit Financial Services.)
Additionally, India’s CPI surged driven by food prices, which will delay expected rate cuts. Furthermore, subdued corporate Q2 results are leading to a cautious stance.
(Comment by: Vinod Nair, Head of Research, Geojit Financial Services.)
3:56 PM
Market View: If Nifty falls below 24,900, it may trigger correction towards 24,700
The Nifty remained volatile throughout the day but sustained above the 21 EMA on the daily timeframe. A fall below this level could increase weakness, with the possibility of Nifty dropping below 24,900. If Nifty falls below 24,900, it may trigger a further correction towards 24,700. On the higher side, resistance is seen at 25,200.
(View by: Rupak De, Senior Technical Analyst, LKP Securities.)
(View by: Rupak De, Senior Technical Analyst, LKP Securities.)
3:48 PM
Stock Market Highlights LIVE Updates: BPCL, ICICI Bank rises over 2%
BPCL was the top gainer on NSE, rising 2.52 per cent, followed by ICICI Bank and Bharti Airtel among others. On the other hand, HDFC Life, Wipro and Bajaj Auto were among the top losers on the index on Tuesday.
3:43 PM
Stock Market Highlights LIVE Updates: Nifty Metal, Auto close lower
Among sectors, Nifty Metal and Nifty Auto were the top losers, shedding 1.44 per cent and 0.83 per cent, respectively. On the filip side, Nifty Realty soared over 2 per cent, followed Nifty Media and Nifty FMCG also ending in green on Tuesday.
3:39 PM
Stock Market Highlights LIVE Updates: SmallCap index outperforms, rises 1%
In broader markets, the BSE SmallCap and BSE MidCap index outperformed the benchmarks, rising 1.05 per cent and 0.25 per cent, respectively.
3:36 PM
Stock Market Highlights LIVE Updates: Heatmap check
ICICI Bank, Bharti Airtel and Asian Paint were among the top leaders on BSE Sensex, while Bajaj Finance, Reliance Industries and Tata Steel closed in red.
3:33 PM
Stock Market Highlights LIVE Updates: Nifty50 finishes below 25,100 level
NSE's Nifty 50 closed at 25,066 level, down 61 points, or 0.25 per cent on Tuesday.
3:32 PM
Stock Market LIVE Updates: Sensex closes over 150 pts down
The BSE Sensex closed 152 points lower, or 0.19 per cent down, at 81,820 level on Tuesday.
3:27 PM
Stock Market LIVE updates: Paras Defence secures arms licence from Govt; Share price jumps 5%
Shares of aerospace & defense company, Paras Defence and Space Technologies, jumped 5.36 per cent to hit the day's high of Rs 1118 on the BSE during intra-day deals on Tuesday. The defense company, in a regulatory filing, has informed the exchanges that it has been granted a licence under the Arms Act, 1959, by the Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry, Government of India. Read more
3:13 PM
Stock Market LIVE updates: Garware group stock zooms 153% in 5 months
Shares of Garware Hi-Tech Films (GHFL) hit a new high of Rs 4,211.05, as they rallied nearly 8 per cent on the BSE in Tuesday’s intra-day trade in an otherwise weak market on expectations of strong earnings. In comparison, the BSE Sensex was down 0.26 per cent at 81,758 at 02:45 PM. Read more
3:11 PM
Stock Market LIVE updates: Pvt equity investment in real estate down 4% to $2.3 bn in Apr-Sep: Anarock
Private equity investments in the Indian real estate sector declined 4 per cent to $2.3 billion in the first half of this fiscal year due to lower inflow in office assets, according to Anarock.
Real estate consultant Anarock noted that the total number of deals declined to 17 in April-September this year from 24 in the corresponding period of the preceding year. Read more
3:03 PM
Stock Market LIVE updates: 3 PM market update
At 3 PM, the BSE Sensex was down 264 points, or 0.32 per cent, at 81,708, while the Nifty 50 was at 25,048.90, down 79.05 points, or 0.31 per cent.
2:51 PM
Stock Market LIVE Updates: Transformers & Rectifiers hits 5% upper circuit in weak market; check why
Stock Market LIVE Updates: Transformers & Rectifiers (India) shares were locked in 5-per cent upper circuit on the BSE on Tuesday, logging an all-time high of Rs 857.75 per share. The stock gained after various funds bought stakes in the company on Monday. At around 2:06 PM, the stock was still locked in its 5-per cent upper circuit. In comparison, the BSE Sensex was down 0.28 per cent at 81,747.59 around the same time. READ MORE
2:48 PM
Stock Market LIVE Updates: DGCA removes 'enhanced surveillance' of SpiceJet after fund infusion
Stock Market LIVE Updates: The Directorate General of Civil Aviation (DGCA) on Tuesday removed SpiceJet from "enhanced surveillance" after the airline successfully raised Rs 3,000 crore through a qualified institutional placement (QIP) process. The regulator will continue to conduct random spot checks of SpiceJet's operational aircraft to ensure safety. READ MORE
2:44 PM
Stock Market LIVE Updates: China may raise $850 bn in new debt over 3 years to spur growth, says report
Stock Market LIVE Updates: China may raise an additional 6 trillion yuan ($850 billion) from special treasury bonds over three years to stimulate a sagging economy, local media reported, a figure that failed to revive sentiment in the country's stock market. READ MORE
Topics : MARKET WRAP MARKET LIVE MARKETS LIVE MARKETS TODAY stock market trading Markets Sensex Nifty S&P BSE Sensex BSE Sensex Gift Nifty Nifty50 Nifty 50 NSE Nifty share market Chinese stock market global stock market stock market bets stock market investing Global stock markets Indian stock market Asia Markets Asian markets US markets US market Reliance Industries HCLTech WPI CPI Inflation CPI WPI inflation
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First Published: Oct 15 2024 | 8:07 AM IST
