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Sensex sees 690 pts recovery, ends 64 pts down; Nifty inches up to 14,634 led by metals and FMCG - Vimarsana News

Sensex sees 690 pts recovery, ends 64 pts down; Nifty inches up to 14,634 led by metals and FMCG

Highlights After plunging over 750 points in early trade, the 30-share BSE index made a U-turn to finish 63.84 points or 0.13 percent lower at 48,718.52. In a similar movement, the broader NSE Nifty closed 3.05 points or 0.02 percent higher at 14,634.15. Titan was the top loser in the Sensex pack, shedding over 4 percent, followed by IndusInd Bank, Reliance Industries, Axis Bank, Kotak Bank, ONGC, ITC, and ICICI Bank. Market benchmark Sensex staged a smart recovery from the day's low to end with marginal losses on Monday amid a negative trend in global equities. After plunging over 750 points...

Source: india.com
Markets recoup initial losses to end flat; Reliance, banks perform poorly - Vimarsana News

Markets recoup initial losses to end flat; Reliance, banks perform poorly

The equity benchmark Sensex staged a smart recovery from the day's low to end with marginal losses on Monday, propped up by robust buying in FMCG and telecom counters. Reliance Industries and banking stocks accounted for most of the losses, while a rebounding rupee also provided support, traders said. After plunging over 750 points in early trade, the 30-share BSE index made a U-turn to finish 63.84 points or 0.13 per cent lower at 48,718.52. In similar movement, the broader NSE Nifty closed 3.05 points or 0.02 per cent higher at 14,634.15. Titan was the top laggard in the Sensex pack, sheddi...

FPIs turn net sellers after 6 months; withdraw Rs 9,659 crore in April - Vimarsana News

FPIs turn net sellers after 6 months; withdraw Rs 9,659 crore in April

Read more about FPIs turn net sellers after 6 months; withdraw Rs 9,659 crore in April on Business Standard. This was the first net withdrawal since September 2020, when they had pulled out a net of Rs 7,782 crore from equities

FPIs net sellers after 6 months amid Covid 2.0 - Vimarsana News

FPIs net sellers after 6 months amid Covid 2.0

FPIs net sellers after 6 months amid Covid 2.0 SECTIONS Last Updated: May 02, 2021, 11:27 AM IST Share Synopsis The selling by FPIs is a near-term phenomenon and unlikely to pose a big risk as fundamentals of Indian equities continue to remain sound, Binod Modi, head strategy at Reliance Securities, said. Apart from equity, FPIs have offloaded debt securities worth a net of Rs 118 crore last month. NEW DELHI: Snapping their six-month buying spree, foreign investors turned net sellers in April and pulled out Rs 9,659 crore from Indian equities, spooked by the intense second wave of coronavirus...

Sensex snaps 4-day rally, crashes 984 points; HDFC twins top drags - Vimarsana News

Sensex snaps 4-day rally, crashes 984 points; HDFC twins top drags

3330 Mumbai, April 30 Equity indices broke their four-day winning streak to close deep in the red on Friday as the grim COVID-19 situation and lacklustre Asian cues triggered unwinding of risky bets. The 30-share BSE Sensex sank 983.58 points or 1.98 per cent to finish at 48,782.36. The broader NSE Nifty tanked 263.80 points or 1.77 per cent to 14,631.10. HDFC twins were the top losers in the Sensex pack, skidding up to 4.38 per cent, followed by ICICI Bank, Kotak Bank, Asian Paints, M&M, TCS, HUL, and Maruti. Only four index components closed higher—ONGC, Sun Pharma, Dr Reddy’s and Bajaj...