nse nifty – Artifex.News https://artifex.news Stay Connected. Stay Informed. Mon, 11 May 2026 12:58:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png nse nifty – Artifex.News https://artifex.news 32 32 Sensex falls over 1,300 points as high crude oil prices, PM Modi’s austerity appeal unnerve investors https://artifex.news/article70965710-ece/ Mon, 11 May 2026 12:58:00 +0000 https://artifex.news/article70965710-ece/ Read More “Sensex falls over 1,300 points as high crude oil prices, PM Modi’s austerity appeal unnerve investors” »

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Stock markets fell for the third day running on Monday (May 11, 2026), with the benchmark Sensex tumbling 1,313 points amid rising crude oil prices after the U.S. and Iran failed to reach a peace deal to end the war in West Asia.

The 30-share BSE Sensex tanked 1,312.91 points, or 1.70%, to settle at 76,015.28. During the day, it tumbled 1,370.79 points or 1.77% to 75,957.40.

The 50-share NSE Nifty dropped 360.30 points or 1.49% to end at 23,815.85. In three sessions since Thursday (May 7, 2026), Nifty dropped over 2% or 515 points, while Sensex has fallen by nearly 1,950 points or 2.5%.

U.S. President Donald Trump dismissed Iran’s response to the latest peace proposal as ‘totally unacceptable’, dampening hopes of an immediate diplomatic breakthrough, an expert said. Also, Prime Minister Narendra Modi’s appeal for austerity measures amplified investor concerns around forex reserves, fuel costs, and consumption outlook, analysts said.

Titan, a leading jewellery and fashion accessories company, was the biggest loser among Sensex companies, dropping by nearly 7%. InterGlobe Aviation, State Bank of India, Bharti Airtel, Eternal and Reliance Industries were among the major laggards.

Sun Pharma, Hindustan Unilever, Adani Ports, Kotak Mahindra Bank, Axis Bank and ICICI Bank were the winners.

Brent crude, the global oil benchmark, traded 2.23% higher at $103.5 per barrel.

“The Indian equity markets witnessed a sharp sell-off session today, with benchmark indices correcting more than 1.4% amid rising geopolitical concerns and heightened fears over inflationary pressures.

“Rising uncertainty surrounding crude oil prices and fears of further geopolitical escalation triggered aggressive unwinding of positions, dragging indices lower into the close,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.

The immediate trigger for today’s weakness came after Prime Minister Narendra Modi’s speech on May 10, which the market interpreted as a sign of mounting macroeconomic stress, he said.

“While global uncertainty surrounding the US-Iran conflict and surging crude oil prices had already weakened sentiment, the Prime Minister’s appeal for austerity measures amplified investor concerns around India’s forex reserves, fuel costs, and consumption outlook,” Mr. Hariprasad added.

Emphasising that the Centre is trying to shield people from the adverse impact of the conflict in West Asia, Prime Minister Narendra Modi on Sunday (May 10, 2026) called for judicious use of fuel, postponement of gold purchases and foreign travel, among other measures, to strengthen the economy.

Addressing a rally organised by the Telangana BJP in Hyderabad, he suggested reducing petrol and diesel consumption, using metro rail services in cities, carpooling, increased use of electric vehicles (EVs), utilising railway services for parcel movement, and working from home to conserve foreign exchange amid the crisis in West Asia.

Stressing the need to conserve foreign exchange amid the crisis, Mr. Modi called for postponing gold purchases and foreign travel for one year.

“We have to save foreign exchange by any means,” he said, adding that due to the West Asia conflict, prices of petrol and fertilisers had increased significantly.

Jewellery stocks faced heavy selling pressure, with Sky Gold and Senco Gold falling over 12% intra-day before closing lower by over 6%. Senco Gold closed 7.8% lower after falling 10% in the day trade.

Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, said, “Brent crude emerged as the key market trigger, surging 4 per cent to around USD 105.7 per barrel, intensifying concerns around imported inflation and India’s external balances.”

The BSE MidCap Select index tanked 1.09% and BSE SmallCap Select index declined 0.44%.

Sectorally, Consumer Durables index tumbled 3.76%, Realty (2.74%), MidSmall Private Banks Quality Tilt (2.60%), BSE PSU Bank (2.28%), Consumer Discretionary (2.14%) and Power (2.13%). BSE Healthcare and Hospitals were the winners. A total of 2,892 stocks declined, while 1,457 advanced and 189 remained unchanged on the BSE.

In Asian markets, Japan’s benchmark Nikkei 225 index ended lower, while South Korea’s benchmark Kospi and Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index settled higher.

Markets in Europe were trading mostly lower. U.S. markets ended higher on Friday (May 8, 2026).

“The benchmark index slipped below the 24,000 mark as renewed Gulf tensions, following Trump’s rejection of Iran’s peace proposal, weighed on investor sentiment.

“The cautious mood deepened after the PM’s appeal to conserve energy and avoid non-essential foreign travel, prompting investors to reassess the economic impact of higher crude prices, INR weakness, and pressure on the current account deficit,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,110.60 crore on Friday, according to exchange data.

On Friday (May 8, 2026), the Sensex tanked 516.33 points or 0.66% to settle at 77,328.19. The Nifty dropped 150.50 points or 0.62% to end at 24,176.15.



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Stock markets bounce back after three-day decline; Sensex jumps 639 points https://artifex.news/article70912204-ece/ Mon, 27 Apr 2026 12:45:00 +0000 https://artifex.news/article70912204-ece/ Read More “Stock markets bounce back after three-day decline; Sensex jumps 639 points” »

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Benchmark stock indices Sensex and Nifty rebounded nearly 1% on Monday (April 27, 2025), snapping the three-day falling streak following a rally in Reliance Industries and Sun Pharma and positive global trends.

The 30-share BSE Sensex jumped 639.42 points or 0.83% to settle at 77,303.63. During the day, it surged 755.83 points or 0.98% to 77,420.04.

The 50-share NSE Nifty climbed 194.75 points or 0.81% to close at 24,092.70.

Among the 30-Sensex firms, Sun Pharma jumped 7% after it announced the acquisition of U.S.-based Organon & Co. in an all-cash deal at an enterprise valuation of $11.75 billion, one of the largest overseas buyouts by Indian firms.

Reliance Industries jumped 2.88%. Adani Ports, Tech Mahindra, Mahindra & Mahindra, NTPC, HCL Tech and Tata Consultancy Services were also among the major gainers.

Axis Bank, Bharat Electronics, Trent and ICICI Bank were among the laggards from the blue-chip pack.

“The upmove was primarily driven by a rebound in beaten-down heavyweights across sectors, particularly Reliance, along with positive developments such as a sharp rally in pharma majors following global acquisition news. Additionally, optimism around potential progress in U.S.-Iran negotiations supported global sentiment, even as crude oil prices remained elevated,” Ajit Mishra – SVP, Research, Religare Broking Ltd., said.

The BSE SmallCap Select index jumped 2% and MidCap Select index climbed 1.35%.

All sectoral indices ended higher. Utilities surged the most by 2.50%, followed by Healthcare (2.43%), Focused IT (2.41%), Realty (2.35%), IT (2.20%), Power (2.05%) and Services (1.92%).

A total of 3,075 stocks advanced, while 1,288 declined and 193 remained unchanged on the BSE.

Among Asian markets, South Korea’s benchmark Kospi, Japan’s Nikkei 225 index, and Shanghai’s SSE Composite index ended higher, while Hong Kong’s Hang Seng index ended lower.

Markets in Europe were trading in positive territory. U.S. markets ended mostly higher on Friday.

“A key catalyst behind today’s strength was improving global sentiment, particularly reports of a potential de-escalation between the U.S. and Iran around the Strait of Hormuz. This development eased supply disruptions and supported global risk appetite, helping domestic markets stabilise and rise,” K. Hariprasad, research analyst and founder, Livelong Wealth, said.

Sectoral participation played an important role in sustaining the rally, he noted.

“The pharmaceutical space saw strong traction, led by a sharp surge in Sun Pharmaceutical Industries following its announcement of a large acquisition deal involving Organon. The IT sector also witnessed a notable rebound after recent underperformance,” Mr. Hariprasad added.

Brent crude, the global oil benchmark, traded 2.53% higher at $107.9 per barrel.

“Indian equities began the week on a positive note, supported by improved sentiment amid renewed expectations of near-term de-escalation in the Middle East. Gains were widespread, with all major sectoral indices ending in positive territory. Overall, markets demonstrated resilience but remain highly sensitive to geopolitical developments,” R. Ponmudi, CEO of Enrich Money, an online trading and wealth tech firm, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹8,827.87 crore on Friday (April 24), according to exchange data.

On Friday (April 24), the Sensex dropped 999.79 points or 1.29% to settle at 76,664.21. The Nifty slumped 275.10 points or 1.14% to end at 23,897.95.

Published – April 27, 2026 06:15 pm IST



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Stock markets decline in early trade dragged by blue-chips Reliance, ICICI Bank https://artifex.news/article70524264-ece/ Mon, 19 Jan 2026 04:54:00 +0000 https://artifex.news/article70524264-ece/ Read More “Stock markets decline in early trade dragged by blue-chips Reliance, ICICI Bank” »

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From the 30-Sensex firms, ICICI Bank dropped 3% after its consolidated profit for the December quarter declined 2.68% to ₹12,537.98 crore, hit by an RBI-mandated ₹1,283-crore provision for agricultural loans wrongly classified as priority sector advances. File
| Photo Credit: Reuters

Equity benchmark indices Sensex and Nifty declined in early trade on Monday (January 19, 2026) dragged by blue-chips Reliance Industries and ICICI Bank, while sustained foreign fund outflows and global tariff uncertainties also dented investors’ sentiment.

The 30-share BSE Sensex declined 320.69 points to 83,249.66 in early trade. The 50-share NSE Nifty went down by 124.60 points to 25,573.40.

From the 30-Sensex firms, ICICI Bank dropped 3% after its consolidated profit for the December quarter declined 2.68% to ₹12,537.98 crore, hit by an RBI-mandated ₹1,283-crore provision for agricultural loans wrongly classified as priority sector advances.

On a standalone basis, the country’s second-largest lender reported an over 4% decline in the October-December profit at ₹12,883 crore.

Reliance Industries dipped over 2% after the company on Friday reported almost a flat net profit of ₹18,645 crore for the third quarter, as a decline in gas production and weakness in its retail business offset gains in other segments.

Sun Pharma, Infosys, Adani Ports and Bharti Airtel were also among the laggards.

However, Tech Mahindra, InterGlobe Aviation, Axis Bank and Hindustan Unilever were among the gainers.

Foreign institutional investors offloaded equities worth ₹4,346.13 crore on Friday (January 16, 2026), while Domestic Institutional Investors (DIIs) bought stocks worth ₹3,935.31 crore, according to exchange data.

“Upside is expected to remain capped by persistent FII outflows, global tariff uncertainties and geopolitical concerns, keeping overall risk appetite cautious,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.

In Asian markets, South Korea’s Kospi index and Shanghai’s SSE Composite index traded higher, while Japan’s Nikkei 225 index and Hong Kong’s Hang Seng index quoted lower.

U.S. markets ended marginally lower on Friday (January 16, 2026).

“President Trump’s announcement of fresh tariffs on several European nations, with rates set to rise from 10 per cent to 25 per cent by June unless a Greenland deal is reached, added to global jitters,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

Brent crude, the global oil benchmark, climbed 0.16% to $64.23 per barrel.

On Friday (January 16, 2026), the Sensex climbed 187.64 points or 0.23% to settle at 83,570.35. The Nifty rose 28.75 points or 0.11% to 25,694.35.



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Stocks markets open firm but later turned choppy amid mixed global cues https://artifex.news/article70383231-ece/ Thu, 11 Dec 2025 05:24:00 +0000 https://artifex.news/article70383231-ece/ Read More “Stocks markets open firm but later turned choppy amid mixed global cues” »

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Sensex opened higher while the 50-share National Stock Exchange index, Nifty, also advanced. File
| Photo Credit: PTI

Equity benchmark indices Sensex and Nifty began trading on a positive note on Thursday (December 11, 2025) but soon pared all early gains to trade in the negative territory amid weak trends in Asian markets and persistent foreign fund outflows.

The 30-share Bombay Stock Exchange (BSE) index, Sensex, opened higher and climbed 149.3 points, or 0.17% to 84,540.57. The 50-share National Stock Exchange (NSE) index, Nifty, also advanced 45.05 points to 25,803.05.

However, both key indices reversed their gains as selling pressure intensified, with the Sensex declining 222.39 points, or 0.26%, to 84,168.88 and the Nifty slipping 50.90 points to 25,707.10.

Among the Sensex constituents, Titan, PowerGrid, HCL Technologies, Bharti Airtel, Asian Paints, Reliance Industries, Tata Consultancy Services, Tech Mahindra, ICICI Bank, Trent, Tech Mahindra, Axis Bank, Bajaj Finserv and ITC were the laggards.

On the other hand, Eternal, Tata Steel, Maruti Suzuki India, Kotak Mahindra Bank, Adani Ports, Bharat Electronics Ltd, Larsen and Toubro, Infosys and UltraTech Cement were among the gainers.

In Asian markets, Japan’s Nikkei 225 benchmark, Shanghai Stock Exchange Composite, Hong Kong’s Hang Seng and South Korea’s Composite Stock Price Index (KOSPI) were trading lower.

Wall Street settled higher in overnight deals on Wednesday (December 10, 2025) after the Federal Reserve cut the federal funds rate by 25 basis points to a range of 3.5-3.75% in its December meeting.

However, policymakers left their projections for the federal funds rate unchanged from September, signalling only one 25 basis points cut in 2026.

Meanwhile, Foreign Institutional Investors (FIIs) remained the net sellers of equities worth ₹1,651.06 crore on Wednesday (December 10, 2025) while Domestic Institutional Investors (DIIs) bought stocks worth ₹3,752.31 crore, according to the exchange data.

Brent crude, the global oil benchmark, rose 0.035 to $62.23 per barrel.



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Stock markets trade lower in early deals amid relentless foreign fund outflows https://artifex.news/article70352082-ece/ Wed, 03 Dec 2025 05:29:00 +0000 https://artifex.news/article70352082-ece/ Read More “Stock markets trade lower in early deals amid relentless foreign fund outflows” »

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The 30-share Bombay Stock Exchange (BSE) Sensex dropped 165.35 points to 84,972.92 in early trade. File.
| Photo Credit: PTI

Equity benchmark indices Sensex and Nifty declined in early trade on Wednesday (December 3, 2025) amid persistent foreign fund outflows and profit-taking by investors.

Falling for the fourth day in a row, the 30-share Bombay Stock Exchange (BSE) Sensex dropped 165.35 points to 84,972.92 in early trade. The 50-share National Stock Exchange (NSE) Nifty declined 77.85 points to 25,954.35.

From the Sensex firms, Hindustan Unilever, Bharat Electronics, Titan, Tata Motors Passenger Vehicles, NTPC, and State Bank of India were among the major laggards.

However, Tata Consultancy Services, Infosys, Tech Mahindra and ICICI Bank were gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,642.30 crore on Tuesday (December 2, 2025), while Domestic Institutional Investors (DIIs) bought stocks worth ₹4,645.94 crore, according to exchange data.

FII outflows, a record-weak rupee, and pressure on banking stocks keep sentiment fragile, Prashanth Tapse, senior vice-president (Research), Mehta Equities Ltd, said.

The rupee fell 6 paise to a record low of 90.05 against U.S. dollar in early trade.

In Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index quoted in positive territory, while Hong Kong’s Hang Seng index traded lower.

U.S. markets ended higher on Tuesday (December 2, 2025).

Brent crude, the global oil benchmark, quoted 0.03% at $62.43 per barrel.

Falling for the third straight session on Tuesday (December 2, 2025), the Sensex tumbled 503.63 points, or 0.59%, to settle at 85,138.27. The Nifty declined 143.55 points, or 0.55%, to 26,032.20.



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Sensex tanks nearly 504 points and Nifty slips to 26,032 points https://artifex.news/article70349137-ece/ Tue, 02 Dec 2025 11:45:00 +0000 https://artifex.news/article70349137-ece/ Read More “Sensex tanks nearly 504 points and Nifty slips to 26,032 points” »

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Falling for the third straight session, the 30-share Bombay Stock Exchange (BSE) Sensex tumbled 503.63 points or 0.59% to settle at 85,138.27. File
| Photo Credit: Reuters

Stock markets declined on Tuesday (December 2, 2025), with the benchmark Sensex tumbling nearly 504 points due to selling in blue-chip bank stocks and Reliance Industries, and persistent foreign fund outflows.

Falling for the third straight session, the 30-share Bombay Stock Exchange (BSE) Sensex tumbled 503.63 points or 0.59% to settle at 85,138.27. During the day, the benchmark tanked 588.9 points or 0.68% to hit a low of 85,053. The index had scaled a record high level in intra-day trade in the previous session, but closed lower due to profit booking in the second half.

The 50-share National Stock Exchange (NSE) Nifty declined by 143.55 points or 0.55% to 26,032.20.

Among Sensex firms, Axis Bank, HDFC Bank, Reliance Industries, ICICI Bank, Bharat Electronics and Larsen and Toubro were the biggest laggards.

However, Asian Paints, Maruti, Bharti Airtel and Bajaj Finance were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,171.31 crore on Monday (December 1, 2025), while Domestic Institutional Investors (DIIs) bought stocks worth ₹2,558.93 crore, according to exchange data.

In Asian markets, Shanghai Stock Exchange Composite index settled lower while South Korea’s Kospi, Japan’s Nikkei 225 index and Hong Kong’s Hang Seng index ended in positive territory.

Markets in Europe were trading higher.

U.S. markets ended lower on Monday (December 1, 2025).

Brent crude, the global oil benchmark, dipped 0.33% to $62.96 per barrel.

On Monday (December 1, 2025), the Sensex pared early gains and ended 64.77 points or 0.08% lower at 85,641.90. During the day, the benchmark jumped 452.35 points or 0.52% to hit a record intra-day high of 86,159.02.

The Nifty dipped 27.20 points or 0.10% to settle at 26,175.75. During the day, it climbed 122.85 points or 0.46% to hit a lifetime high of 26,325.80.



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Sensex, Nifty trade higher on Federal Reserve rate cut hopes, prospects of U.S.–China deal https://artifex.news/article70211171-ece/ Tue, 28 Oct 2025 05:40:00 +0000 https://artifex.news/article70211171-ece/ Read More “Sensex, Nifty trade higher on Federal Reserve rate cut hopes, prospects of U.S.–China deal” »

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Image used for representational purposes only. File

Sensex, Nifty trade higher on Fed rate cut hopes, prospects of U.S.–China deal. Equity benchmark indices Sensex and Nifty were trading higher early on Tuesday (October 26, 2025), driven by hopes of a rate cut by the Federal Reserve and prospects of a U.S.–China trade deal.

The 30-share BSE Sensex climbed 125.93 points to 84,904.77 in early trade. The 50-share NSE Nifty went up by 39.8 points to 26,005.85.

Among the Sensex firms, State Bank of India, Tata Steel, Larsen & Toubro, Adani Ports, Titan, and Maruti were among the major gainers. However, ICICI Bank, Bajaj Finance, Bajaj Finserv, and Asian Paints were among the laggards.

In Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index traded lower, while Shanghai’s SSE Composite index and Hong Kong’s Hang Seng quoted higher.

U.S. markets ended in positive territory on Monday (October 27, 2025).

“Market sentiment remains upbeat, supported by five catalysts: A softer U.S. CPI boosting rate cut hopes, prospects of a U.S.–China trade deal, FII inflows in recent sessions, record-high Wall Street indices, and a strong start to Q2 earnings,” Prashanth Tapse, senior vice-president (Research) of Mehta Ltd., said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹55.58 crore on Monday (October 28), according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth ₹2,492.12 crore in the previous trade.

“New flows indicate continuation of the positive momentum in the market. There are indications of a possible agreement between the U.S. and China on tariffs. A near-term positive for the market is the expectation that the Fed would cut rates in the FOMC [Federal Open Market Committee] meet on Wednesday (October 29) since U.S. CPI inflation (3% YoY) is not as high as feared,” V.K. Vijayakumar, chief investment strategist, Geojit Investments Limited, said.

Global oil benchmark Brent crude traded 0.05% up at $65.65 a barrel. On Monday (October 27), the 30-share BSE Sensex jumped 566.96 points or 0.67% to settle at 84,778.84. The Nifty climbed 170.90 points or 0.66% to 25,966.05.



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Sensex drops 312 points on selling in consumption stocks ahead of RBI policy https://artifex.news/article69183700-ece/ Wed, 05 Feb 2025 11:38:18 +0000 https://artifex.news/article69183700-ece/ Read More “Sensex drops 312 points on selling in consumption stocks ahead of RBI policy” »

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A vendor walks past by a poster of bear and bull in south Mumbai. File

Taking a breather after recent rally, stock markets closed lower on Wednesday (February 5, 2025) as investors turned cautious ahead of the RBI’s monetary policy decision later this week and trade war concerns.

The 30-share BSE Sensex declined 312.53 points or 0.40% to settle at 78,271.28 with 21 of constituents closing down and nine with gains. During the day, it went lower by 367.56 points or 0.46% to 78,216.25.

The NSE Nifty dropped 42.95 points or 0.18% to 23,696.30. The index moved between a high of 23,807.30 and a low of 23,680.45 during the day.

Profit-taking after Tuesday’s (Feb. 4) rally and the rupee plunging to record low levels also hit market sentiment. Sensex had jumped 1,397.07 points and Nifty soared 378.20 points to settle at one-month highs on Tuesday (Feb. 4) following firm global trends.

From the 30-share Sensex pack, Asian Paints dropped over 3% after the firm reported a 23.5% decline in consolidated net profit at ₹1,128.43 crore for the third quarter ended December 2024 amid downtrading due to muted demand and weak festive season.

Titan, Nestle, Hindustan Unilever, State Bank of India, Larsen & Toubro, ITC, Zomato and Bajaj Finserv were also among the laggards.

Adani Ports, IndusInd Bank, Tata Motors and HDFC Bank were among the major gainers.

“Markets mirrored weak global cues and ended lower amid selling in select banking, auto, realty and FMCG stocks. While all eyes will be on Friday’s monetary policy announcement, intra-day volatility could intensify over next few sessions,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

“The domestic market traded within a narrow range in negative terrain. Investors are weighing the improved domestic outlook, buoyed by a favourable budget, against lingering global uncertainties stemming from the tariff war. While declining U.S. bond yields and lower crude oil prices have supported market sentiment, the rupee’s depreciation could offset these gains,” Vinod Nair, Head of Research, Geojit Financial Services, said.

The BSE smallcap gauge jumped 1.42% and midcap index climbed 0.69%.

Among BSE sectoral indices, realty declined 1.66%, FMCG (1.42%), consumer durables (1.21%), consumer discretionary (0.43%) and auto (0.14%).

Oil & Gas jumped 1.89%, services (1.59%), metal (1.55%), energy (1.30%) and healthcare (1.21%).

The Reserve Bank of India (RBI) on Wednesday (February 5) started deliberations on the monetary policy and the decision will be announced on Friday (February 7).

India’s services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday (February 5).

The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January — its lowest level since November.

In the Purchasing Managers’ Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

In Asian markets, Seoul and Tokyo settled in the positive territory while Hong Kong ended lower.

European markets traded in the negative zone. U.S. markets ended higher on Tuesday (Feb. 4).

Foreign Institutional Investors (FIIs) turned buyers on Tuesday (Feb. 4) after unabated selling for the past many days. They bought equities worth ₹809.23 crore, according to exchange data.

Global oil benchmark Brent crude declined 0.84% to $75.56 a barrel.



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Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks https://artifex.news/article69098701-ece/ Tue, 14 Jan 2025 12:38:07 +0000 https://artifex.news/article69098701-ece/ Read More “Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks” »

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Image used for representational purpose.
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty bounced back on Tuesday (January 14, 2025) after four days of sharp decline on easing retail inflation and a rebound in global markets.

The 30-share BSE benchmark Sensex rose 169.62 points or 0.22% to settle at 76,499.63. During the day, it surged 505.6 points or 0.66% to 76,835.61.

The NSE Nifty climbed 90.10 points or 0.39% to 23,176.05.

Persistent selling foreign investors and rising global crude prices put pressure on indices and restricted gains, traders said.

The BSE Sensex has plunged 1,869.1 points or 2.39% in the past four trading sessions.

From the 30-share blue-chip pack, Adani Ports jumped over 5%. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers.

From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.

HCL Technologies slumped over 8 per cent after its December quarter earnings failed to cheer investors.

IT company HCL Tech on Monday reported a 5.54% uptick in consolidated net profit to ₹4,591 crore in the December quarter as the CEO expressed optimism for improvement in the demand environment and discretionary spending and raised the revenue growth guidance.

Retail inflation declined to a four-month low of 5.22% in December, mainly on account of easing of prices in the food basket, including vegetables – according to government data released on Monday – giving headroom to the Reserve Bank to reduce the key interest rate in upcoming monetary policy reviews.

“A rebound in the global market and an ease in domestic CPI inflation provided respite to the broader indices. This may provide some leeway for RBI in its next policy meeting; however, rising oil prices and higher 10-year yields will be watched carefully.

“The IT sector weighed down amid concerns over weak earnings guidance for Q4. The domestic sentiment will be more inclined towards the ongoing earnings season and upcoming union budget, which has a mixed view,” Vinod Nair, Head of Research, Geojit Financial Services, said.

In Asian markets, Seoul, Shanghai and Hong Kong settled in the positive territory while Tokyo was lower.

Markets in Europe were trading in the green. U.S. markets ended on a mixed note on Monday.

All Adani group stocks were in heavy demand, with Adani Power surging nearly 20%.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,892.84 crore on Monday, according to exchange data.

Global oil benchmark Brent crude climbed 0.12% to $81.11 a barrel.

Wholesale price inflation rose to 2.37% in December 2024, due to spike in prices of non-food articles, manufactured items as well as fuel and power, even though food items saw marginal easing, government data released on Tuesday showed.

Falling for the fourth straight session on Monday, the 30-share BSE benchmark Sensex tanked 1,048.90 points or 1.36% to settle at 76,330.01. The Nifty dropped 345.55 points or 1.47% to close at 23,085.95.



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Sensex, Nifty trade firm in early trade https://artifex.news/article68866781-ece/ Thu, 14 Nov 2024 05:27:18 +0000 https://artifex.news/article68866781-ece/ Read More “Sensex, Nifty trade firm in early trade” »

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A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.
| Photo Credit: REUTERS

Benchmark equity indices bounced back in early trade on Thursday (November 14, 2024) after facing heavy correction in the last two trading days, amid massive buying by domestic institutional investors and a rally in frontline stocks HDFC Bank, Reliance Industries.

The BSE benchmark Sensex climbed 254.5 points to 77,945.45 in early trade. The NSE Nifty went up by 86.25 points to 23,645.30.

The BSE benchmark had tanked 1,805.2 points or 2.27% in the past two days.

From the 30-share Sensex pack, HCL Technologies, HDFC Bank, NTPC, Reliance Industries, Tech Mahindra and Axis Bank were the major gainers.

UltraTech Cement, Power Grid, Mahindra & Mahindra, Hindustan Unilever, Maruti and Larsen & Toubro were among the laggards.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,502.58 crore on Wednesday (November 13, 2024), while Domestic Institutional Investors (DIIs) bought shares worth ₹6,145.24 crore, according to exchange data.

“During a correction phase in the market, like the present one, there will always be counter moves, which will facilitate a bounce back. The huge liquidity at the disposal of the DIIs can trigger this bounce back. But such a bounce back is unlikely to sustain since the fundamental factors are unfavourable.

“The Trump factor has triggered many profound changes in markets already. The dollar index is strong and rising and is currently at 106.61. The US 10-year bond yield is at 4.48%. These two are strong headwinds for equity markets in emerging economies like India,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

The positive factor is the huge liquidity at the disposal of the DIIs and the sustained flows into these funds, he said.

“Domestically, the worry is the disappointing Q2 results and the consensus earnings downgrade,” Mr. Vijayakumar added.

In Asian markets, Seoul, Tokyo were trading higher while Shanghai and Hong Kong quoted lower.

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

Global oil benchmark Brent crude dipped 0.36% to $72.02 a barrel.

The BSE benchmark Sensex tanked 984.23 points or 1.25% to settle at 77,690.95 on Wednesday. Registering its fifth day of decline, the Nifty tumbled 324.40 points or 1.36% to 23,559.05.



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