From the 30-Sensex firms, Bajaj Finance, Sun Pharma, Eternal, Tata Steel, Tata Consultancy Services, and Bharti Airtel were among the biggest laggards. Representational file image.
| Photo Credit: Reuters

The 30-share Bombay Stock Exchange index, Sensex and the 50-share National Stock Exchange index, Nifty, climbed in early trade. File
| Photo Credit: Reuters

From the Sensex firms, Infosys, Sun Pharma, Asian Paints, HDFC Bank, Maruti and TCS were among the major gainers. File
| Photo Credit: The Hindu

From the Sensex pack, Hindustan Unilever, Nestle India, UltraTech Cement, Infosys, Asian Paints, Mahindra & Mahindra and Tata Steel were the major laggards. File

Equity benchmark indices Sensex and Nifty faced heavy volatility in early trade on Monday (December 9, 2024) amid selling in blue chips like Infosys and ICICI bank amid a weak trend in the Asian markets.

Fresh foreign fund outflows also dented market sentiment.

The 30-share BSE Sensex opened on a positive note, but soon witnessed selling pressure from investors and declined 151.36 points or 0.19f to 81,557.76 in the initial trade.

In tandem, the broader NSE Nifty after opening on a higher note, fell 37.45 points or 0.15% to 24,640.35 in early hours.

From the Sensex pack, Hindustan Unilever, Nestle India, UltraTech Cement, Infosys, Asian Paints, Mahindra & Mahindra and Tata Steel were the major laggards.

In contrast, Larsen & Toubro, Kotak Mahindra Bank, Tech Mahindra, Sun Pharmaceuticals, HDFC Bank and NTPC were among the major gainers.

In Asian markets, Seoul, Hong Kong and Shanghai were trading in the negative territory, while Tokyo quoted higher.

“Asian stocks started the week with a cautious tone, as investors grappled with South Korea’s political upheaval and awaited fresh stimulus from China,” Deepak Jasani, head of Retail Research at HDFC Securities, said.

Central Bank outcomes from Australia, ECB, Canada, Switzerland and Brazil are expected this week, Jasani added.

U.S. markets ended in a mixed note on Friday (Dec. 6).

Global oil benchmark Brent crude climbed 0.41% to $71.41 a barrel.

Foreign Institutional Investors (FIIs) turned sellers on Friday (Dec. 6) after unabated buying for the past many days. They sold equities worth ₹1,830.31 crore, according to exchange data.

On Friday, the 30-share BSE benchmark Sensex declined 56.74 points or 0.07% to settle at 81,709.12, while NSE Nifty dipped 30.60 points to settle at 24,677.80.

From the 30 Sensex companies, Kotak Mahindra Bank, JSW Steel, HDFC Bank, Power Grid, IndusInd Bank, Maruti Suzuki India, NTPC, Axis Bank and Mahindra & Mahindra were among the gainers. File
| Photo Credit: Reuters

Equity benchmark indices Sensex and Nifty settled higher on Thursday (October 10, 2024) due to gains in banking, power and industrial stocks amid a firm trend in global markets.

The 30-share Bombay Stock Exchange (BSE) Sensex rose 144.31 points, or 0.18%, to settle at 81,611.41. During the day, it soared 535.74 points, or 0.65%, to hit an intra-day high of 82,002.84.

The National Stock Exchange (NSE) Nifty increased 16.50 points, or 0.07%, to close at 24,998.45.

In the intra-day trade, it rose 152.1 points, or 0.60%, to hit a high of 25,134.05. The market traded on a range-bound trend with a negative bias ahead of the start of the Q2 result.

“The Asian market started well but could not hold on to the gains as European markets waved on a negative trend in anticipation of the key U.S. inflation data, global bond yields are rising,” Vinod Nair, Head of Research at Geojit Financial Services, said.

From the 30 Sensex companies, Kotak Mahindra Bank, JSW Steel, HDFC Bank, Power Grid, IndusInd Bank, Maruti Suzuki India, NTPC, Axis Bank and Mahindra & Mahindra were among the gainers.

Tech Mahindra, Sun Pharmaceuticals, Infosys, Titan, Tata Motors, Larsen & Toubro and Tata Consultancy Services were among the laggards.

“Domestic broader market momentum was mixed with caution as the initial expectation of Q2FY25 results is subdued due to a subpar momentum in the global and rural demand,” Mr. Nair added.

Also Read: Ratan Tata’s final rites

Shares of Tata Group companies on Thursday (October 10, 2024) rose up to 15%, with Tata Investment Corporation, Tata Chemicals, and Tata Teleservices among the major gainers.

Tata Sons Chairman Emeritus Ratan Tata, who played a key role in transforming the group into a global conglomerate, passed away late on Wednesday (October 9, 2024). He was 86.

European markets were trading lower in the mid-session deals. Global oil benchmark Brent Crude climbed 1.37% to $77.63 a barrel in futures trade.

In Asian markets, Tokyo, Hong Kong, Shanghai and Seoul were closed higher. U.S. markets ended with gains on Wednesday (October 9, 2024).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,562.71 crore on Wednesday (October 9, 2024), while Domestic Institutional Investors (DIIs) bought equities worth ₹3,508.61 crore, according to exchange data.

On Wednesday (October 9, 2024), the 30-share BSE Sensex fell 167.71 points to close at 81,467.1 while the NSE Nifty dropped 31.20 points to end at 24,981.95.

Representational image of a traffic signal in the foreground of the Bombay Stock Exchange’s on Dalal Street seems to reflect the mood of the stock markets
| Photo Credit: Paul Noronha

Benchmark stock indices Sensex and Nifty settled at record high levels in their third straight day of gains on Tuesday following buying in FMCG, telecom and select IT shares and FII inflows.

The 30-share BSE Sensex climbed 51.69 points or 0.06% to settle at a new lifetime high of 80,716.55. During the day, it advanced 233.44 points or 0.28% to hit a fresh record high of 80,898.30.

The NSE Nifty went up by 26.30 points or 0.11% to settle at an all-time closing high of 24,613. Intra-day, it rallied 74.55 points or 0.30 to hit a new record peak of 24,661.25.

Sensex and Nifty have been on a record-breaking run since Friday as foreign investors have turned buyers in the Indian equities ahead of the presentation of the Union budget for 2024-25. Encouraging quarterly results by blue-chips have also supported the rally despite high valuation concerns, according to analysts.

Among Sensex shares, Hindustan Unilever, Bharti Airtel, Tech Mahindra, Infosys, Mahindra & Mahindra, ICICI Bank, ITC and Asian Paints were the biggest winners.

On the other hand, Kotak Mahindra Bank, Reliance Industries, NTPC, UltraTech Cement and Power Grid were among the laggards.

Foreign Institutional Investors (FIIs) bought equities worth ₹2,684.78 crore on Monday, according to exchange data.

In Asian markets, Seoul, Tokyo and Shanghai settled higher, while Hong Kong ended lower amid dovish comments from the US Fed Chair Jerome Powell bolstering hopes of a rate cut by September.

European markets were trading lower. U.S. markets ended in positive territory on Monday.

Global oil benchmark Brent crude dipped 0.80% to $84.13 a barrel.

On Monday, the BSE benchmark climbed 145.52 points or 0.18% to settle at a new record high of 80,664.86. The NSE Nifty rallied 84.55 points or 0.35% to settle at an all-time closing high of 24,586.70.

Markets will remain closed on Wednesday for Muharram.

The BSE Sensex climbed 216.07 points to 65,436.10 in early trade on August 23.
| Photo Credit: PTI

Equity benchmark indices began the trade on a bright note on August 23 but later pared their gains to quote lower amid mixed global market trends and continuous foreign fund outflows.

The BSE Sensex climbed 216.07 points to 65,436.10 in early trade. The NSE Nifty gained 53.75 points to 19,450.20.

Later both the benchmark indices pared their early gains and were trading in the negative territory. The BSE benchmark quoted 76.55 points lower at 65,143.48 and the Nifty traded at 19,376.35, down 20.10 points.

From the Sensex pack, Tata Steel, Axis Bank, JSW Steel, Infosys, Tata Consultancy Services, Reliance Industries, UltraTech Cement and NTPC were the major gainers.

Jio Financial Services, Bharti Airtel, ITC, Kotak Mahindra Bank, IndusInd Bank and Mahindra & Mahindra were among the laggards.

In Asian markets, Tokyo and Hong Kong were quoting in the green while Seoul and Shanghai traded lower.

The U.S. markets ended on a mixed note on Tuesday.

“There are no immediate triggers which can take the market sharply up or down. Investors may wait and watch for new data expected this weekend from the U.S. Since the dollar index and the U.S. bond yields remain high, FIIs will not be strong buyers in the market,” said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Global oil benchmark Brent crude gained 0.15% to $84.16 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹495.17 crore on Tuesday, according to exchange data.

The BSE benchmark had eked out a marginal gain of 3.94 points or 0.01% to settle at 65,220.03 on Tuesday. The Nifty inched up 2.85 points or 0.01% to settle at 19,396.45.