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Indian shares

Indian shares slip on fears of fund outflow

Indian shares slip on fears of fund outflow

  • The NSE Nifty 50 index shed 1.11% to end at 14,557.85, while the S&P BSE Sensex slipped 1.17% to close at 49,216.52.
  • India's central bank may have to delay the start of liquidity normalisation by three months amid the rising cases, analysts say.
Published 18 Mar, 2021 05:09pm
Indian shares slump as COVID-19 cases rise again; Reliance top drag
Markets

Indian shares slump as COVID-19 cases rise again; Reliance top drag

  • The blue chip NSE Nifty 50 index closed 1.27% lower at 14,721.30, while the benchmark S&P BSE Sensex fell 1.12% to end at 49,801.62. Both indexes have now posted four straight sessions of losses.
  • A rise in US bond yields has also limited gains for Nifty and Sensex this month to about 3%, versus a 6.6% jump in February.
Published 17 Mar, 2021 05:08pm
Indian shares close nearly 1pc lower as financials slump; ICICI Bank weighs
Markets

Indian shares close nearly 1pc lower as financials slump; ICICI Bank weighs

  • The blue-chip NSE Nifty 50 index fell 0.95% to close at 15,030.95, while the benchmark S&P BSE Sensex shed 0.95% to end at 50,792.08.
  • "At these elevated levels, the (domestic) indexes are exposed to any triggers globally," said Siddhartha Khemka, head of retail research at Motilal Oswal Financial Services in Mumbai.
Published 12 Mar, 2021 05:16pm
Indian shares end higher as heavyweight financials climb
Markets

Indian shares end higher as heavyweight financials climb

  • The blue-chip NSE Nifty 50 index closed 0.95% higher at 15,098.4, while the benchmark S&P BSE Sensex was up 1.16% at 51,025.48.
  • The Nifty Bank Index advanced 1.7%, adding to last month's near 14% gain, with top private-sector lender HDFC Bank Ltd climbing 2.8%.
Updated 09 Mar, 2021 09:30pm
Indian shares flat as HDFC weighs; Muthoot Finance falls
Markets

Indian shares flat as HDFC weighs; Muthoot Finance falls

  • The blue chip NSE Nifty 50 index added 0.12% to close at 14,956.20, while the benchmark S&P BSE Sensex gained 0.07% to close at 50,441.07.
  • Market sentiment also tracked global shares, which were mixed as initial optimism over the US Senate's passing of a $1.9 trillion stimulus bill gave way to inflation fears.
Published 08 Mar, 2021 06:10pm
Indian shares snap 3-day rally as metals, financials slide
Markets

Indian shares snap 3-day rally as metals, financials slide

  • The NSE Nifty 50 index closed down 1.08% at 15,080.75, while the S&P BSE Sensex settled 1.16% lower at 50,846.08.
  • The MSCI world equity index slipped 0.5%, as concerns about rising US bond yields triggered another market rout after roiling global stock markets last week.
Updated 04 Mar, 2021 05:14pm
Indian shares settle higher as IT, auto stocks gain
Markets

Indian shares settle higher as IT, auto stocks gain

  • The NSE Nifty 50 index ended 1.07% higher at 14,919.10, while the S&P BSE Sensex closed 0.9% higher at 50,296.89.
  • Infosys and Tata Consultancy Services gained 3.2% each, while the broader Nifty IT index closed 3.04% higher.
Published 02 Mar, 2021 06:03pm
Indian shares sink ahead of GDP data; financials, ONGC weigh
Markets

Indian shares sink ahead of GDP data; financials, ONGC weigh

  • The blue-chip NSE Nifty 50 index shed 3.76% to close at 14,529.15, while the benchmark S&P BSE Sensex ended 3.80% lower at 49,099.99.
  • Panic in global bond markets led to sharp rise in yields which spooked investors...the market correction might continue for some time till inflation fears ease down.
Published 26 Feb, 2021 05:49pm
Indian shares end higher as Reliance, energy stocks gain
Markets

Indian shares end higher as Reliance, energy stocks gain

  • The NSE Nifty 50 index ended 0.77% higher at 15,097.35 and the S&P BSE Sensex closed up 0.51% at 51,039.31, ahead of December-quarter gross domestic product data due on Friday.
  • Reliance, which fell 3.5% on Monday, has since recovered and is up more than 4% so far this week.
Published 25 Feb, 2021 06:03pm
Indian shares surge in glitch-ridden session as banks gain
Markets

Indian shares surge in glitch-ridden session as banks gain

  • The NSE Nifty 50 index ended 1.86% higher at 14,982.00, while the S&P BSE Sensex rose 2.07% to 50,781.69.
  • The top three boosts to the Nifty 50 were financial and banking stocks, which surged in extended trading, pushing the Nifty private bank index higher by 3.9%.
Published 24 Feb, 2021 06:40pm
Indian shares end flat; Reliance gains, financials weigh
Markets

Indian shares end flat; Reliance gains, financials weigh

  • There is no positive news in the near term to propel markets higher and we may continue to see such sedate moves until there are fresh triggers that will decide which way market will move going-ahead.
  • Reliance Industries was the top boost to the Nifty 50, closing up 0.8% after the conglomerate said it expected to hive off its oil-to-chemicals (O2C) business in the September quarter.
Published 23 Feb, 2021 07:53pm
Indian shares drop as investors take profits, virus worries weigh
Markets

Indian shares drop as investors take profits, virus worries weigh

*The NSE Nifty 50 index ended 2.04% lower at 14,675.70, clocking its biggest one-day drop since Dec. 21. The S&P BSE Sensex closed down 2.25% at 49,744.32. * There is a round of profit-booking that is still happening ... valuations remain high and we are seeing a consolidation.
Updated 22 Feb, 2021 10:05pm
Indian shares extend losses as financials slide
Markets

Indian shares extend losses as financials slide

  • The NSE Nifty 50 index closed 0.91% lower at 14,981.75, while the S&P BSE Sensex ended down 0.85% at 50,889.76.
  • Lenders State Bank of India, Axis Bank ICIC Bank were the three biggest drags on the Nifty 50, falling between 3.5% to 3%.
Published 19 Feb, 2021 08:27pm
Indian shares end lower as private-sector banks slide
Markets

Indian shares end lower as private-sector banks slide

  • The NSE Nifty 50 index closed 0.59% lower at 15,118.95, while the S&P BSE Sensex ended 0.73% lower at 51,324.69.
  • The rally in state-run banks continued, with the Nifty PSU banks index hitting a more than one-year high and closing 5.6% higher.
Published 18 Feb, 2021 08:56pm