MARKETS: Sensex down 450 pts, Nifty holds 17,600; Auto stocks outperform

at 12 noon

LIVE market updates: The benchmark indices remained under broad-based selling amid high volatility. The was down 454 points at 59,011, while the was at 17,622, lower by 135 points. The two were down by 0.75 per cent.

The broader markets, meanwhile, continued to underperform the benchmarks. The MidCap index was steadily lower by 1 per cent and the SmallCap index was down 0.7 per cent.

Barring auto and FMCG indices, the rest were in the negative territory. The Auto index was up 0.8 per cent led by gains in Bajaj Auto, Maruti, TVS Motor, Hero MotoCorp and Eicher Motors, up between 0.5-4 per cent.

ALSO READ: ICICI Bank to report Q3 results on Jan 22; Here’s what brokerages expect

Among stocks, shares of Hitachi Energy India hit a record high of Rs 2,949, up 4 per cent on Friday in an otherwise weak market after the company won orders worth over Rs 160 crore for its key electric components to support the electrification of the country’s rail routes. READ MORE HERE.

Asian markets

Asian tumbled tracking declines on Wall Street overnight. Japan’s Nikkei 225 fell 0.9 per cent, while the Kospi was down 1 per cent. Hong Kong’s Hang Seng index was lower by 0.6 per cent and Shanghai index also fell 0.8 per cent. Meanwhile, oil prices too slipped from their 2014 highs earlier in the week, falling about 2 per cent.

at 11 AM

LIVE market updates: The benchmark indices were holding significant losses in a highly subdued market. The was down 604 points at 58,860 and the was 187 points lower at 17,570.

The losses in the BSE benchmark were steady on the back of persistent selling pressure in Infosys and banking counters–ICICI Bank, Axis Bank, HDFC Bank and Bajaj Finserv. L&T, RIL, Bharti Airtel and Kotak Bank were also weighing on the index.

In the broader market, the BSE MidCap and SmallCap indices were also sharply lower by up to 1 per cent.

See also  Rahul Bajaj:Man who called spade a spade even if it meant ruffling feathers

In the primary market, the of was subscribed 1.58 times so far as of 11 am, with the retail investors portion subscribed 2.3 times.

Individually, shares of Zomato continued to wilt under selling pressure, as they slipped to an over five-month low at Rs 119.35, down 5 per cent on the BSE. The stock of the food delivery giant traded lower for the fourth straight day, and had shed 11 per cent during the period.READ MORE.

Further, state-owned Container Corporation of India was down 5 per cent on the BSE as investors seemed unimpressed with the company’s On Thursday, it reported a 24.46 per cent rise on-year in its consolidated net profit to Rs 276.35 crore.

On the flip side, biopharma company Biocon was up over 2 per cent on strong Q3 numbers. The company posted a 17.68 per cent increase in consolidated net profit at Rs 219.6 crore.

Markets at 10 AM

LIVE market updates: The benchmark indices made a sharp recovery in early morning trade after starting the session with heavy losses. The BSE was now at 59,180, down 284 points. This was nearly 500 points higher from its day’s low. The Nifty, on the other hand, was at 18,670, lower by 86 points.

The indices were seen recouping losses on the back of buying in FMCG major HUL(up 2 per cent), HDFC, TCS, ITC (up nearly 0,5 per cent each), and PowerGrid (up 1.6 per cent).

On the Nifty, Hindalco, Bajaj Auto, Tata Comsumer Hero MotoCorp were the additonal gainers. Meanwhile, the top losers were Bajaj finserv, Tech M Coal India, Divis Labs, Dr Reddy’s, Adani Ports, Axis Bank, Kotak Bank, and Shree Cement.

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

See also  Will assembly poll outcome be a non-event for the markets?

That apart, among stocks, shares of Shoppers Stop hit a 52-week high of Rs 420, on surging 16 per cent on the BSE after the company reported a strong operational performance with earnings before interest, taxes, depreciation, and amortization (ebitda) margins improving by 580 bps year-on-year to 19.2 per cent in December quarter. READ MORE.

Consumer electrical goods maker Havells India was trading 2.5 per cent lower on the exchange after it reported a decline of 12.7 per cent in its consolidated net profit to Rs 305.82 crore on Thursday for the December quarter. Its revenue from operations was up 15.4 per cent at Rs 3,664.21 crore from last year.


Opening Bell

LIVE market updates: In tandem with weak global cues, the benchmark indices opened on a sharply negative note and were down up to 0.9 per cent as they extended losses for a fourth session. The BSE Sensex was down 544 pointsat 58,919 and the NSE Nifty was 156 points lower at 17,600.

In the broader market, the BSE MidCap and SmallCap indices were also in red and were down up to 0.7 per cent.

Among the Sensex-30 constituents, Tech M, Bajaj Finserv, Dr Reddy’s, Bajaj Finance, Wipro, IndusInd Bank, Infosys, Axis Bank, Tata Steel, Titan, Kotak Bank, SBI and HCL Tech were the top losers.

HUL, PowerGrid, NTPC and Asian Paints were the sole gainers on the Sensex. On the Nifty, BPCL was the additonal gainer. All other shares were trading in red.

Sectorally, all indices were in the red zone too led by losses in Nifty Realty and PSUs, down 2 per cent each, followed by Banks, IT, Pharma, Consumer durables and metals, all lower by over a per cent each.

Among stocks, Shopper’s Stop was the top BSE gainer, up 15 per cent. Tata Elxsi, Persistent Systems, Triveni Turbine, HLE Glasscoat, Cosmo Films were the other top gainers. On the other hand, Hindustan Oil Exploration, Agro Tech foods, and Kesoram were the top losers.


Pre-open session

See also  India braces for sharp rise in edible oil rates, but spike could be short

LIVE market updates: The benchmark indices were holding losses in pre-open trades. The BSE Sensex was down 300 points at 59,164, while the NSE Nifty was 126 points lower at 17,630.


LIVE market updates:

The key benchmark indices are likely to open lower extending losses for a fourth session on Friday amid weak global cues and persistent selling by FIIs. At 08:00 AM, the futures quoted 17,675 level, indicating a gap-down of over 100 points on the Nifty 50 index.

In the last two trading sessions, the FIIs have stepped up the selling pressure and net sold stocks worth Rs 7,385 crore in the cash segment, thus taking the withdrawal tally to Rs 12,415 crore in the month so far. READ MORE

Moreover, individual stocks that are likely to be in focus -include Reliance Industries, Bandhan Bank, HDFC Life, Hindustan Zinc, Vodafone Idea, JSW Steel, among others as these companies announce December quarter results today.

In the primary market, today is the last day for subscribing to the of AGS Transact. The issue so far has been subscribed 1.42 times, with retail quota subscribed up to 2.1 times.

Global cues

Overnight in the US, stocks reversed course to end sharply lower amid fears of a tighter monetary policy. The key indices were up more than a per cent in early trade, but eventually Dow Jones ended 0.9 per cent lower, the S&P 500 slipped 1.1 per cent and Nasdaq declined 1.3 per cent. Investors will be looking for cues from the US Fed meeting next week for the likely timeline on rate hikes.

Key markets in Asia too were in a sea of red despite China cutting lending rates for the first time in two years and increasing monetary stimulus. Nikkei had shed 1.6 per cent. Kospi and Taiwan also declined over a per cent each. Hang Seng, Shanghai and Straits Times were down 0.3-0.5 per cent each.

Source link

© 2022, Admin. All rights reserved.

istanbul escort aksaray escort arnavutköy escort ataköy escort avcılar escort avcılar türbanlı escort avrupa yakası escort bağcılar escort bahçelievler escort bahçeşehir escort bakırköy escort başakşehir escort bayrampaşa escort beşiktaş escort beykent escort beylikdüzü escort beylikdüzü türbanlı escort beyoğlu escort büyükçekmece escort cevizlibağ escort çapa escort çatalca escort esenler escort esenyurt escort esenyurt türbanlı escort etiler escort eyüp escort fatih escort fındıkzade escort florya escort gaziosmanpaşa escort güneşli escort güngören escort halkalı escort ikitelli escort istanbul escort kağıthane escort kayaşehir escort küçükçekmece escort mecidiyeköy escort merter escort nişantaşı escort sarıyer escort sefaköy escort silivri escort sultangazi escort suriyeli escort şirinevler escort şişli escort taksim escort topkapı escort yenibosna escort zeytinburnu escort porno 1080p porno izle 4k porno izle 720p porno izle abella danger alman alman porno alman porno izle aloha tube porno amatör amatör porno amatör porno izle anal anal porno anal porno izle arap porno asa akira porno asyalı porno bangbros porno bangbros porno izle banyoda sikis başörtülü porno beeg porno izle beyaz tenli porno izle biseksuel porno izle bisexsuel porno brandi love porno brazzers brazzers porno izle canli porno canli porno izle çinli porno çinli porno izle ensest porno ensest porno izle ensest seks erotik porno erotik porno izle esmer porno esmer porno izle etek altı fake agent fake taxi fake taxi porno fantazi pornoları fantezi porno izle fetiş porno fetiş porno izle fetish fransız porno fransız porno izle full hd hg porno izle gangbang porno genç kız porno izle genç kız sikişi genç teen porno izle gizli çekim porno gizli çekim pornosu grup pornosu grup porno grup porno izle hd pornolar hd porno hd porno izle hemşire porno hemşire pornosu hizmetçi porno hizmetçi porno izle ingiliz porno japon pornoları japon porno kızlık bozma kızlık bozma porno izle konulu porno konulu porno izle koreli porno köylü pornoları kumral porno kumral porno izle latin pornoları latin porno latin porno izle lezbiyen pornoları lezbiyen porno lezbiyen porno izle lisa ann porno liseli pornoları liseli porno liseli porno izle manken porno manken porno izle masaj porno izle masturbasyon porno izle masturbasyon pornoları mature porno mia khalifa porno mia malkova porno milf porno izle mobil porno mobil porno izle öğrenci porno izle öğretmen porno izle okul porno izle olgun kadın pornosu olgun porno oral porno oral porno izle oral seks porna izle pornhub pornhub porno izle porno film izle porno indir porno izle porno resimler porno star porntube porno izle redtube redtube pornoları riley reid porno rokettube rus pornoları rus porno rus porno izle sakso blowjob porno izle sarışın pornoları sarışın porno sarışın porno izle sarışın pornoları sekreter porno shemale sikiş sikiş sikiş izle şişman porno siyahi pornoları suriyeli pornoları swinger porno tecavüz porno teen porn türbanlı pornoları türbanlı porno türk pornoları türk porno türk porno izle türkçe altyazılı porno türkçe altyazılı porno izle xhamster pornoları xhamster porno xhamster porno izle xnxx xnxx porno xnxx porno izle xvideos xvideos porno izle yaşlı porno yeşilçam porno izle youjizz youporn youporn porno izle zenci porno güvenilir bahis siteleri bahis siteleri casino deneme bonusu casino siteleri deneme bonusu para yatırma bonusu bahis siteleri casino siteleribahis sitesi para yatırma