Experts say this reflects selling pressure in mid-, small-cap space
Nifty has gained 17% YTD in dollar terms, best among headline EM indices
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with strong gains
The changes shall become effective from September 30
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts will be included in the Nifty indices from September 30, according to new eligibility criteria announced by the NSE
The BSE MidCap and SmallCap indices settled 1.5 per cent and 1.7 per cent higher, respectively
India's key equity indices are expected to resume their northward trajectory during the upcoming week, experts opined.
Nifty50 index closed above the 16,000 mark for the first time, ending the session at 16,123 with a gain of 238 points, or 1.55 per cent
The Sensex rallied 363.79 points or 0.69 per cent to finish at 52,950.63
Bajaj Finance was the top loser in the Sensex pack, shedding 2.59 per cent, followed by Bajaj Finserv, SBI, Tata Steel, Titan, Asian Paints and Axis Bank
Tata Steel hogged the limelight in the Sensex pack, rallying 6.87%
Market players said the developments in China has promoted several foreign funds to prune their exposure to the entire emerging market (EM) pack
Equity benchmark Sensex surged over 150 points in early trade on Tuesday, tracking gains in index majors HDFC Bank, ICICI Bank and Tata Steel amid a positive trend in global markets. The 30-share BSE index was trading 155.51 points or 0.29 per cent higher at 53,007.78 in initial deals, while the broader NSE Nifty rose 48.15 points or 0.30 per cent to 15,872.60. Tata Steel was the top gainer in the Sensex pack, rising more than 1 per cent, followed by ICICI Bank, HDFC Bank, IndusInd Bank, Maruti, Titan and SBI. On the other hand, Axis Bank, L&T, HCL Tech, Nestle India and HDFC were among the laggards. In the previous session, Sensex ended 123.53 points or 0.23 per cent lower at 52,852.27, and Nifty slipped 31.60 points or 0.20 per cent to 15,824.45. Foreign institutional investors (FIIs) were net sellers in the capital market as they offloaded shares worth Rs 2,376.79 crore on Monday, as per provisional exchange data. Domestic markets look to be modestly good as of now. Notably, .
Newly listed start-up Zomato is seen entering the index before the end of 2022
The benchmark indices fell for the last three sessions as rising Covid cases brought fresh worries about disruption in economic activities
Sensex shed 355 points to end at 52,198, down 0.7%; Nifty lost 120 points to end at 15,632
Inflation, delta variant concerns trigger global risk off sentiment
The schemes returned 4.1 per cent on average, better than the 0.9 per cent given by the benchmark.
Infosys closed 0.3 per cent higher after posting strong earnings and raising its forecast on the back of a pandemic-driven expansion in digital offerings by businesses globally.
Stock will need to move to about Rs 328 a share (4.3x over possible IPO price of Rs 76) for it to be part of Nifty index