Record addition of clients lift shares amid broader market rally
Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.
On BSE, shares ended the day at Rs 20.95 apiece, down 18.32 per cent over previous close
Analysts, however, expect markets to recover from here on as they have reached their key support zones.
"Our inclination is towards sectors that will participate in economic growth like BFSI, consumer discretionary - including auto, capital goods - infrastructure and IT," says Sachdeva
Volumes in CY21 jump 2x to 17.3 billion
Costlier oil also weighing on sentiment; analysts see no let-off in volatility
The National Stock Exchange of India has emerged as the world's largest derivatives exchange for the third consecutive year in 2021 in terms of the number of contracts traded, according to the Futures Industry Association (FIA). In addition, the exchange was ranked fourth by the number of trades in cash equities, as per the statistics maintained by the World Federation of Exchanges (WFE) for 2021. In a statement on Wednesday NSE said it has ranked as the largest exchange globally in equity derivatives as well as currency derivatives by the number of contracts traded. "It is a matter of great pride for us and our country that NSE has emerged as a global leader and achieved the distinction of being the largest derivatives exchange in the world for the 3rd consecutive year and the 4th largest exchange in cash equities by the number of trades," Vikram Limaye, MD & CEO, NSE, said. The year 2021 witnessed the total registered investor base on NSE surpassing the 5-crore mark to reach a ..
Stock market LIVE: Sector-wise, only Auto, metals and energy stocks were trading higher. Meanwhile, Nifty IT index, down nearly 2 per cent , was still the biggest loser. .
In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively
In a largely range-bound session, the 30-share BSE Sensex ended 85.88 points or 0.14 per cent higher at 61,308.91
In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.
Markets will swing to the tunes of Covid for some time to come till we see medical intervention eliminate the threat completely, says Gopani
In the past year, floater funds have on average given returns of 3.79 per cent, lower than other categories like low duration funds, short duration funds, and medium duration funds
The Nifty has formed a bullish candle and is also holding higher bottom series, which support a further uptrend, said analysts
TCS, Infosys, L&T, Tech M, and HDFC Bank were the top gainers on the Sensex today.
Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent
Investors were enthused after the US Federal Reserve (Fed) Chair Jerome Powell's statement to the US Congress did not throw up surprises
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices
The benchmark Sensex ended the session at 60,617 - a gain of 221 points, or 0.4 per cent