Copper settles below $10,000/tonne, dives 4 3% for the week; forms Bearish Shooting Star Candlestick on weekly chart msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Sensex down 155 points at closing, Nifty below 14,800
April 09, 2021
Pharma in focus; financials and metals drag
Benchmark indices closed in the red on Friday ahead of quarterly results as increasing Covid-19 cases impacted investor sentiments. Market after a flat opening. slipped in the second half, dragged down by banking and financial stocks.
The BSE Sensex closed at 49,591.32, down 154.89 points or 0.31 per cent. It hit an intraday high of 49,906.91 and an intraday low of 49,461.01.
The Nifty 50 closed at 14,834.85, down 38.95 points or 0.26 per cent. It hit an intraday high of 14,918.45 and an intraday low of 14,785.65.
However, the breadth of the market remained positive, with 1,656 stocks advancing on the BSE, 1,249 declining and 173 remaining unchanged. The number of scrips that hit a 52-week high was 228 as against 24 that hit 52-week lows; 309 securities hit the upper circuit as compared to 180 that hit the lower circuit.
Sensex up 84 points at closing, Nifty below 14,900
April 08, 2021
Markets lose momentum in the second half on Covid scare
Markets surrendered most gains, and even dipped into the negative territory briefly in closing hours, amid new restrictions imposed by more States. The stock markets, however, managed to end on a positive note on Thursday.
Markets opened on a positive note and extended gains during the early trade on the back of RBI s liquidity measures. However, it lost momentum in the second half, dragged down by banking and financials.
Tamil Nadu, Madhya Pradesh and Uttar Pradesh have imposed fresh restrictions amidst the spread of Covid scare.
Market gains on RBI policy, Sensex up 619 pts, Nifty 50 above 14,800
April 07, 2021
×
At 1 pm, the BSE Sensex was at 49,857.02, ruling almost near day’s high of 49,820.53
Markets soared higher during the first half on Wednesday as the Reserve Bank of India’s decision to keep rates unchanged and maintain its accommodative stance to support economic growth.
At 1 pm, the BSE Sensex was at 49,857.02, ruling almost near day’s high of 49,820.53, up 619 points or 1.26 per cent. The Sensex touched a low of 49,093.90. The Nifty 50 was also near the day’s high at 14,854.55, up 171.05 points or 1.16 per cent.
The market was mainly driven by the dovish stance of the RBI. As rates remained unchanged, rate-sensitive stocks such as banking, financials, auto, infrastructure and realty are likely to benefit from the announcements, as per experts.