Sensex falls 732 pts from day's high, ends 100 pts down; Rupee at new low
CLOSING BELL: n the broader markets. the BSE MidCap index fell 0.4 per cent, but the BSE SmallCap inde rose by 0.2 per cent
 "MARKET LIVE: Sensex, Nifty slip into red; IT pack weak, US futures slide")
CLOSING BELL
Stock market highlights: An eventful day for the markets, where the benchmark Nifty50 index reclaimed the 16,000-mark in the intra-day trade for the first time since June 10, met with an anti-climatic end. Equities erased gains and ended lower on Tuesday after US stock futures suggested weaker opening for Wall Street later tonight.
The S&P BSE Sensex zoomed 631 points during the day, but settled 100 points, or 0.19 per cent, lower at 53,134. The Nifty50, too, hit a high of 16,026 intra-day, before closing at 15,811, down 26 points or 0.15 per cent.
PowerGrid, Shree Cement, Apollo Hospitals, Hindalco, Bajaj Finserv, ONGC, Tata Motors, and HUL were the top gainers on the 50-pack index, while ITC, Wipro, HDFC Life, Britannia Industries, Maruti Suzuki, and M&M were the top draggers.
Overall, the Nifty Metal index was the best performing sectoral index today, up 0.3 per cent. On the flipside, the Nifty IT index slipped 0.7 per cent.
In the broader markets. the BSE MidCap index fell 0.4 per cent, but the BSE SmallCap inde rose by 0.2 per cent. Little over 1,700 stocks advanced on the BSE today, as against around 1,570 stocks that closed in the red.
Q1FY223 Preview
Stock market highlights: An eventful day for the markets, where the benchmark Nifty50 index reclaimed the 16,000-mark in the intra-day trade for the first time since June 10, met with an anti-climatic end. Equities erased gains and ended lower on Tuesday after US stock futures suggested weaker opening for Wall Street later tonight.
The S&P BSE Sensex zoomed 631 points during the day, but settled 100 points, or 0.19 per cent, lower at 53,134. The Nifty50, too, hit a high of 16,026 intra-day, before closing at 15,811, down 26 points or 0.15 per cent.
PowerGrid, Shree Cement, Apollo Hospitals, Hindalco, Bajaj Finserv, ONGC, Tata Motors, and HUL were the top gainers on the 50-pack index, while ITC, Wipro, HDFC Life, Britannia Industries, Maruti Suzuki, and M&M were the top draggers.
Overall, the Nifty Metal index was the best performing sectoral index today, up 0.3 per cent. On the flipside, the Nifty IT index slipped 0.7 per cent.
In the broader markets. the BSE MidCap index fell 0.4 per cent, but the BSE SmallCap inde rose by 0.2 per cent. Little over 1,700 stocks advanced on the BSE today, as against around 1,570 stocks that closed in the red.
Q1FY223 Preview
Amid eroding consumer confidence and flaring inflation, India Inc will kick-start its April-June quarter (Q1FY23) earnings season this week. The period assumes significance as investors will watch out for the full-fledged impact of the Ukraine-Russia war, and the subsequent cost inflation. READ MORE
BS Special
BS Special
The government’s decision to impose excise duty on crude oil may have another casualty – the sentiment across public sector (PSU) stocks, said analysts, who feel the move will dampen investment sentiment across this space. That apart, the government's plan to mobilize funds via the privatisation route may also feel the heat going ahead, they said. READ MORE
No article available in this category.
Topics : Sensex MARKET LIVE MARKET WRAP Indian markets Nifty BSE NSE stocks to watch Trading strategies Market trends Buzzing stocks HDFC HDFC Bank Tata Motors Punjab National Bank Vedanta Midcap smallcap stocks Sensex Markets Crude Oil Price Metal stocks
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jul 05 2022 | 8:01 AM IST
