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The benchmark indices sharply pared losses in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, fell 8.40 points or 0.02% at 50,184.93. The Nifty 50 index lost 4 points or 0.03% at 15,104.10. Index heavyweight Reliance Industries (RIL) was up 1.37% to Rs 2015, supporting the benchmarks at lower levels. In the broader market, the S&P BSE Mid-Cap index rose 0.73% while the S&P BSE Small-Cap index gained 0.74%. The market breadth was strong. On the BSE, 1,784 shares rose and 1,084 shares fell. A total of 157 shares were unchanged. The undertone of the market was upbe...

Nifty, Sensex may remain subdued – Wednesday closing report Moneylife Digital Team  0 We had mentioned in Tuesday’s closing report that Nifty, Sensex rally may pause for a breath. On Wednesday, the indices opened lower and suffered a minor loss. On the NSE, there were 1,097 advances, 860 declines and 68 unchanged.   The trends of the major indices in the course of Wednesday’s trading are given in the table below:     Indian Oil Corporation net profit rose 78.6% YoY to Rs 8,781 crore against Rs 4,916.6 crore. Sales grew barely to Rs 1.19 lakh crore from Rs 1.18 lakh crore YoY.    ...

The domestic equity indices further extended losses in early afternoon trade. Investor sentiment was dented as Covid-19 cases continued to surge in the country. Barring the Nifty Pharma index, all the sectoral indices on the NSE were in the red. At 12:20 IST, the barometer index, the S&P BSE Sensex, tumbled 1691.68 points or 3.41% at 47,899.64. The Nifty 50 index lost 490.15 points or 3.30% at 14,344.70. In the broader market, the S&P BSE Mid-Cap index skid 5.30% while the S&P BSE Small-Cap index declined 4.79%. The market breadth was strong. On the BSE, 1,878 shares rose and 859 shares fell...

Read more about Sensex slumps 1700 pts, Nifty holds 14,300; VIX spurts to 23 mark on Business Standard. Domestic equity indices ended with sharp losses on Monday, as surging COVID-19 cases in the country triggered fears of fresh lockdowns. The Nifty managed to close above the 14,300 mark after hitting the day's low of 14,248.70 in late trade. All the

Domestic equity indices ended with sharp losses on Monday, as surging COVID-19 cases dented investor's sentiment. The Nifty managed to close above the 14,300 mark after slipping below that level in intraday. As per the provisional closing data, the barometer index, the S&P BSE Sensex, slumped 1,707.94 points or 3.44% at 47,883.76. The Nifty 50 index tanked 524 points or 3.53% at 14,310.65. Tata Motors (down 9.65%), Adani Ports & SEZ (down 8.94%), Bajaj Finance (down 7.25%), ICICI Bank (down 4.58%), Reliance Industries (down 3.4%) and HDFC Bank (down 3.28%) were major drags. In the broader ma...