The broader markets were under pressure today with the S&P BSE MidCap and SmallCap indices closing 0.6 per cent and 0.4 per cent down, respectively
The study of corporate governance by Excellence Enablers also found that while most companies complied with the requirement of minimum directors, several had more than 14 directors
Trends among sectoral indices remained muted with the Nifty PSU Bank, Metal, and IT indices ending up to 1.5 per cent higher on the NSE.
On the upside, ONGC, Maruti Suzuki, Nestle India, Titan, Reliance Industries, and L&T supported the markets with up to 2.5 per cent gains
The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent
Broader markets outperformed the benchmark indices, highlighting underlying strength in the market. The S&P BSE MidCap and SmallCap indices ended 1.55 per cent & 1.6 per cent higher, respectively
The advance to decline ratio favoured bulls as nearly 2x stocks rose for every 1 stock that declined on the BSE
While the longer-term narrative for Nestle's revenue and earnings growth remains extremely attractive, near-term concerns on valuations cannot be ruled out
In the intra-day trade, the benchmark S&P BSE Sensex tumbled 2,149 points while the Nifty50 index slumped 629 points
The 'Island Reversal' pattern formed by Sensex, Nifty, and Nifty PSU Bank index usually indicates a strong reversal in trend
Sectorally, the Nifty Metal, PSU Bank, and Bank indices advanced 25 per cent, 40 per cent, and 20 per cent, respectively during the February F&O series
Sectorally, the Nifty Bank and Private Bank indices closed 4 per cent higher
In past one month, the stock of Tata Consumer and Gail has outperformed the market by gaining 11 per cent, against 2.3 per cent risen in the Nifty50 index.
In the broader markets, the Nifty MidCap 100 and SmallCap 100 indices settled with gains of about 1 per cent on the NSE
Among sectors with high exposure, raw materials comprise 57% of sales for the discretionary sector, according to BofA's estimates
The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days
In the intra-day session, the Sensex and the Nifty indices touched a low of 51,586 and 15,171, respectively.
The index closed with EPS of Rs 361, down from the recent high of around Rs 378
The so-called graded surveillance measure, which was introduced in 2017, is unique and helps prevent GameStop-like surges in small caps
FM Nirmala Sitharaman announced Rs 1.18 trillion-financial allocation for the highways sector in Budget 2021. However, any delay in roll out of such growth-driven projects may wear-off the bull-run