A strengthening rupee, encouraging domestic inflation data and unabated foreign capital inflows further bolstered sentiment, traders said
Benchmark indices finished on a weak note on Thursday, extending their previous day's decline amid a negative trend in global equity markets after the US Fed hiked interest rates by 75 basis points. The 30-share BSE Sensex declined 69.68 points or 0.11 per cent to settle at 60,836.41. During the day, it tanked 420.95 points or 0.69 per cent to 60,485.14. Similarly, the broader NSE Nifty dipped 30.15 points or 0.17 per cent to end at 18,052.70. From the Sensex pack, Tech Mahindra, PowerGrid, NTPC, Infosys, Wipro, HDFC, Tata Consultancy Services and Mahindra & Mahindra were the major laggards. State Bank of India, Titan, Bharti Airtel and Hindustan Unilever were among the winners. Elsewhere in Asia, markets in Seoul, Shanghai and Hong Kong ended lower. Stock exchanges in Europe were trading in the negative territory in mid-session deals. Wall Street had ended significantly lower on Wednesday. "Fed's refusal to tone down the rate hike narrative shattered the global markets as ...
The last time four IPOs had hit market was in Dec 2021; latest rush notwithstanding, year 2022 has been lukewarm for IPOs with sustained FPI outflows, spike in volatility, correction in broader mkts
Bank Nifty index has been outperforming the benchmark Nifty. It has gained 4% in the past one month and 16% YTD. In comparison, Nifty is up less than 2% both on a one-month and YTD basis
World stocks were largely negative ahead of a slew of central bank meetings
Gains in Reliance Industries, HDFC, HDFC Bank, Kotak Bank, HUL, and ITC helped indices bounce back
Analysts said that half of the BSE 500 firms trading below 200-DMA clearly indicates that market sentiment isn't strong and there is heightened selling pressure in the broader markets
FPIs buy shares worth Rs 1,345 crore
Benchmarks ended nearly flat after a challenging H1FY23. But the indices may be eyeing greater volatility in the remaining part of this fiscal. Find out how the next 6 months may shape up for markets
Benchmark indices crash 5.5% as FPIs yank out $2 billion
Financials and pharma stocks led the advance amid positive flows from foreign portfolio investors
The dollar in the last three sessions rose 0.7 per cent against the rupee
In the broader market, the BSE mid-cap gauge climbed 0.31% and small-cap index advanced marginally by 0.06%
Both indices ended the day off their intraday highs, with the Sensex finishing at 59,793, up 105 points or 0.18 per cent, while the Nifty50 at 17,833, up 35 points or 0.2 per cent
Achieving 20% growth going forward remains a challenge; deposits for week ended August 26 up 9.5%
The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close
Experts say any fall in US equities could reflect in the domestic markets as well
Profit-booking after over 17 per cent gains in just two months added to this fall
The increase in the amount of money coming into the market has helped benchmark indices to rise sharply and rupee to appreciate against the US.
On Monday, the FPIs bought shares worth Rs 2,320 crore, according to provisional figures from exchanges