Nse nifty

The Indian benchmark indices were trading on a negative note on Wednesday afternoon with the Nifty shedding 73 points at 10,175 while the Sensex was down 200 points.The Nifty metal Index was down 1.7 percent dragged by Bhushan Steel, Hindalco Industries, NALCO, Vedanta and Welspun Corp among others.The PSU banking index was also trading in the red, plunging 3.2 percent as stocks like Canara Bank dipped over 7 percent while Bank of India and Andhra Bank were down over 4 percent. State Bank of India, Punjab National Bank, Bank of Baroda and Allahabad Bank were all down over 3 percent each.Close From the Nifty the stocks which gained the most were HCL Tech which gained 1.3 percent while Tata Motors was up 1 percent. Bharti Infratel, Zee Entertainment and ITC were the other top Nifty gainers. related news Sebi orders LIC, SBI, Bank of Baroda to reduce stake to … [Read more...] about Market Update: 170 stocks hit new 52-week low as Nifty PSU bank plunges over 3%; SBI top loser

The Indian benchmark indices were trading on a positive note on Thursday afternoon with the Nifty gaining 59 points at 10,215 while the Sensex was up 218 points.The Nifty metal Index was down 1 percent but it was Bhushan Steel which was the outperforming stock in the sector as it zoomed close to 12 percent intraday.The Bank Nifty was also trading in the green, up 0.75 percent led by ICICI Bank which jumped 2 percent followed by Federal Bank and Axis Bank. However, Yes Bank fell over 2 percent while Bank of India was down 3 percent.Close From the Nifty the stocks which gained the most were M&M, State Bank of India and Bharti Infratel, each jumping 2 percent followed by Reliance Industries and ICICI Bank. related news Axis Bank CFO Jairam Sridharan puts in his papers Corporate Buzz podcast | Birla warns Vodafone Idea may shut; relief for Yes Bank; auto sales and more D-Street Buzz: Banks bleed led by YES Bank, RBL … [Read more...] about Market Update: RIL, SBI, ICICI Bank top Nifty gainers; Trent jumps 5%, LIC Housing Lupin hit 52-week low

The Indian benchmark indices ended the week on a negative note with the Sensex falling 2.2 percent while the Nifty was also down 2.2 percent. The Bank Nifty was down 2.4 percent with major banking stocks falling on the backdrop of the PNB Fraud investigation.Nifty Auto index clocked a 2.3 percent fall and the Nifty IT was marginally down 0.2 percent. The FMCG sector also closed in the red, down 1.8 percent for the week.The Nifty metal index which was the underperforming sector for the week, plunged 6.9 percent while Nifty Pharma shed 4.5 percent.Close Across the globe, the Nasdaq closed at record high on Friday as traders lapped up stocks like Microsoft, Netflix, Amazon.com and other high-performance technology names. The Nasdaq registered a gain of 9 percent year to date, compared to a 3 percent increase in S&P 500. related news Wall Street climbs on solid jobs data, trade hopes; Dow Jones rallies over 300 pts Wall Street opens higher after … [Read more...] about Weekly wrap: Global indices end on positive note; Sensex, Nifty register 2.3% loss

The Indian markets on Tuesday afternoon was trading on a flat note with the Nifty shedding 22 points at 10,395  while the Sensex was up 22 points or 0.7 percent.The Nifty PSU banking index was trading higher by 2 percent led by Bank of India which zoomed over 7 percent intraday on the back of recovery of Rs 7,000 crore from other banks. Punjab National Bank was up 3.2 percent while Andhra Bank zoomed over 6 percent.The top Nifty gainers included HPCL which jumped 4.2 percent while BPCL was up 3.96 percent. IOC, Bharti Infratel and Indiabulls  Housing were the other top gainers.Close The top Nifty losers included Tata Consultancy Services which fell 5.4 percent after the big block deal trade in opening trade. Promoter Tata Sons may have offloaded stake in the company. The other losers included HCL Tech, Kotak Mahindra Bank, Coal India and Ambuja Cements. related news … [Read more...] about Market Update: Broader indices back in green as Nifty PSU bank jumps 3%; Andhra Bank, BoI spike 8%

The Indian markets on Wednesday morning were trading on a negative note with the Nifty shedding 48 points or 0.47 percent  while the Sensex was down 129 points.The Nifty PSU banking index was trading higher by 0.8 percent led by IDBI Bank, Oriental Bank of Commerce, Bank of Baroda and Allahabad Bank.The top Nifty gainers included Tech Mahindra which added over 2 percent followed by Ambuja Cements, Yes Bank, UltraTech Cements and HCL Tech.Close The top Nifty losers included IOC which fell close to 3 percent followed by Bharti Infratel, HPCL, ONGC and HDFC. related news Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10% in UTI AMC by December 2020 Enforcement Directorate set to confiscate Nirav Modi’s assets for auction Corporate Buzz podcast | Birla warns Vodafone Idea may shut; relief for Yes Bank; auto sales and more The most active Nifty stocks included PNB, State Bank of India, Reliance … [Read more...] about Market Update: Broader indices in red despite Nifty PSU banks outperforming; JP Associates jumps 8%