Nikkei fell 1.4% and Hang Seng fell 1.3%. The Shanghai index fell 0.6%.
The Wall Street index shows new evidence of inflation’s impact on American businesses and that the Federal Reserve’s reserves are expected to lead to a further significant rise in interest rates, with more indications that the central bank wants to cut interest rates. It fell based on the evidence. Please go straight ahead.
The Dow Jones Industrial Average rose 1%, while the tech stock Nasdaq fell 1%.
Domestically, Indian stocks traded weaker. A directional indicator opens on the SGX Nifty index after a negative trend.
BSE Sensex is now down 123 points. Meanwhile, NSE Nifty lost 38 points.
HUL and Dr. Reddy Labs are leaders in cost analysis today.
IndusInd Bank and Infosys are today’s biggest losers.
The market was generally not good. Both the BSE Mid Cap Index and the BSE Small Cap Index were down 0.2%.
Sector indices have traded in multiple directions, with FMCG stocks showing strong buying interest. Driven by Mariko and Adani Wilma, his FMCG sales in popular India increased by 2%.
IT and Sales, on the other hand, were best sellers.
Shares of Gujarat Fluorochemicals and Page Industries hit a 52-week high today.
Gold prices fell in commodity markets. Today the price of gold fell from 41. Currently, 10 grams of gold is trading at $49,134.
According to business information, Hotels of India (IHCL) has a contract with another hotel in Dharamsala.
Finish: Sensex, Nifty 50 Less than 1%. Stock markets hit eight-day highs: Laggards IndusInd Bank and Tata Motors
BSE Sensex fell 651.85 points (1.08%) to close at 59,646.15 and the Nifty 50 fell 198.05 points (1.10%) to close at 17,758.5.
The domestic market closed the week in negative territory with an upward trend for the eighth day in a row. Benchmarks, the Sensex and Nifty 50 indexes broke the key support levels of 60,000 and 17,900, and almost all sector indexes in the market were recently up around 1.5%.
BSE Sensex fell 651.85 points (1.08%) to close at 59,646.15 and the Nifty 50 fell 198.05 points (1.10%) to close at 17,758.5. Major markets like Nifty Mid and Small Cap are down 1.5% and 1% respectively on the day as the benchmark eases.
In conclusion, 6 stocks are up and 44 stocks are down. IndusInd Bank shares fell 4%, while Tata Motors, Bajaj Finserv, and Apollo Hospitals fell 3% each. Hindalco, Tata Consumer, Bajaj Finance, and Hero Moto each fell 2.5-3%.
In another negative market, Adani Ports was the best performer in Nifty, up 4.5%, followed by Larsen and Toubro who fell more than 2%. Stocks such as Infosys, Bajaj Auto, TCS, and Eicher Motors rose slightly late in the session.
All indices are set in red, except for Nifty IT, where a side-by-side positive bias persists. Nifty Bank and Financials and Metals were the biggest losers, down 1.5%, while Nifty Auto and FMG were down 1% each.
According to Ajit Mishra, Vice President of Research at Religare Broking, “During a tense trading session, the market fell more than 1 percentage point looking at various indicators.
“The decline in the index has covered the gains in the last three games and we could see more gains ahead of another game until the process resumes.
Sensex and Nifty explode in two weeks as financial and auto stocks rise.
IT firms and other large companies cut variable costs due to margin pressure
Benchmarks BSE Sensex and Nifty completed two weeks of losses on Tuesday, closing up nearly 3 percent as banking, metals, and auto stocks surged.
The 30-share BSE Sensex scored 257.43, or 0.44%, at 59,031.30. It hit a high of 59,199.11 and a low of 58,172.48 during the day.
The broader NSE Nifty was up 86.80 points, or 0.50%, at 17,577.50.
Mahindra & Mahindra, Bajaj Finserv, Titan, Tata Steel, State Bank of India, Kotak Mahindra Bank, Sun Pharma, and IndusInd Bank lead the Sensex program.
On the other hand, Tata Consultancy Services, Infosys, HCL Technologies, Hindustan Unilever, Tech Mahindra, Wipro, and HDFC round out the top spots. In Asia, markets in Seoul, Tokyo, Shanghai, and Hong Kong were closed.
European stocks were unchanged in midday trade.
Wall Street will be closed on Monday.
With weak signals from international partners, there are fears of market instability as it oscillates with volatility while the domestic economy may calm down. Rising energy prices in Europe will weigh on global markets amid fears of higher interest rates ahead of the Jackson Hole meeting, said Vinod Nair, head of research at GeoJit Financial Services.
At the national level, financial products, machines, and metals dominate information technology.
Meanwhile, Brent crude, the global oil benchmark, rose 1.43% to $97.85 a barrel.
Foreign institutional investors (FII) bought shares worth Rs 453.77 crore yesterday, according to the exchange.
Big buys for TI Banks, with Sensex up 831 at 60,138 and Nifty at 17,930.
The broader market rose 1.8 percent and the small-cap index advanced 1.1 percent.
The market ended a three-day losing streak with increased buying in IT stocks and some financial stocks. The BSE Sensex rose to 60,000, up 831 points to 60,220 at 60,138.
The NSE Nifty ended at 17,954, up 258 points to 17,930, while India’s VIX fell 1.4 percent to 17.18.
The broader market is also doing well. The total mid-cap index rose 1.8 percent, while the small-cap index rose 1.1 percent. Sector-wise, the BSE property index rose 3.7 percent, while the telecom and metals index rose 3.5 percent each. The information technology index grew by 2.3% and Bankex by 1.8%.
Market Dashboard: An overview of the big moves and changes in business today
The overall market range is also very good, with 2,171 stocks up and 1,137 stocks on the BSE.
In the Sensex 30 pack, shares of Indus Bank rose 7.5 percent to Rs 1,225 while Bharti Airtel was 4 percent higher on its Q2 results. Other big winners were HCL Technologies, Tata Steel, Tech Mahindra, Dr. Reddy’s, SBI, Kotak Bank, and TCS.
Shares of HDFC Private Limited rose 1.7% to Rs 2,893 per share after reporting a 31.7% rise in revenue to Rs 3,780.5 crore in the quarter that ended September 2021. A year ago this figure was 287.01 crore.
Bajaj Finserv and Mahindra & Mahindra lost 1.5% each.
The broader market rose 9% to Rs 125 in record quarterly profit.
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Meanwhile, Nykaa shares are trading at 33.75x in today’s IPO, the last day of delivery. Fino Payment Bank closes 40% one day before the closing of transactions.
IPOs opening today include Sigachi at 4.39x, PB Fintech (Policy Market) at 19%, and SJS Enterprises at 8%, according to NSE website data at 3:30 p.m.