Investor wealth rose by Rs 3.6 trillion on the BSE today, taking m-cap of all listed BSE companies to Rs 247.34 trillion
The broader markets, meanwhile, outperformed, rising for the fourth straight session
Indicates that number of declining stocks far exceeds those advancing, and may be a bearish signal
Snapping its four-session record-setting spree, the the 30-share benchmark closed 162.78 points or 0.29 per cent lower at 55,629.49
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
Indian shares fell for a second straight session, hurt by heavyweight financials stocks and RIL, with sentiment dented by the US Fed projection of hiking interest rates sooner than expected
Financials and materials stocks gained ahead of the 43rd GST Council meet to be chaired Finance Minister Nirmala Sitharaman later in the day
The jump in market capitalisation in the past year is not matched by its financial performance
Sensex records biggest one-day jump in a month, Nifty50 ends the session with a gain of 211 points or 1.4 per cent
Barring shares of Dr Reddy's Labs, all constituents of the 30-pack index traded in the red
The market breadth was in favour of the bears with the advance-decline ratio at nearly 1:2
Contrary to the global market mood, SGX Nifty was hinting at a gap-up start for Indian equities after a steep selloff on Monday with the index trading 1.26 per cent up at 13,430
The benchmark equity indices have rallied over 80% from March lows leaving many analysts concerned about stretched valuations
Extending its winning streak for the seventh straight session, equity benchmark Sensex soared 680 points to scale another lifetime high on Tuesday, tracking a global market rally driven by Pfizer's COVID-19 vaccine trials data. After touching its lifetime peak of 43,316.44 during the day, the 30-share BSE index ended 680.22 points or 1.60 per cent higher at 43,277.65. The broader NSE Nifty too touched a fresh intra-day high of 12,643.90. It ended at 12,631.10, up 170.05 points or 1.36 per cent. Bajaj Finance was the top gainer in the Sensex pack, surging around 9 per cent, followed by IndusInd Bank, L&T, Bajaj Finserv, HDFC, SBI, ICICI Bank, HDFC Bank, ONGC and Axis Bank. On the other hand, Tech Mahindra, HCL Tech, Infosys, Nestle India, Sun Pharma and TCS closed in the red. "Announcements by BioNTech and Pfizer about successful phase 3 trial of COVID-19 vaccine instilled confidence among investors and possibility of sustained economic recovery led sharp buying in beaten down ...
Experts say spike can be attributed to limited availability of dealing room staff
Analysts have cut the 12-month average profit estimates for Nifty members by 20% since January on concerns about a patchy recovery and climbing virus numbers
India's sovereign rating was downgraded by Moody's to Baa3 with a negative outlook on the pretext of prolonged period of slower growth, rising debt and stress in financial system.
Earlier in the day, Indian stock markets had seen their worst daily crash since 2008 as the pandemic fuelled growth fears for the country's economy
All Sensex components ended in the red, with Tata Steel cracking 6.39 per cent, followed by ONGC, Maruti, HDFC, Titan and ICICI Bank
Today, a total of 65 companies including Maruti Suzuki, Manappuram Finance, and Century Textile, are scheduled to announce their December quarter results