Sharp correction drags Sensex by 368 points, Nifty below 10,700

    Subdued global cues, correction in mid- and small-caps, along with fall in financials weighed on equity markets here. The Nifty closed below 10,700-mark, while the Sensex shed over 365 points. Broader markets witnessed a deeper cut, with Nifty Midcap index ending over 2 percent lower. 43 stocks on this index ended lower, with maximum cuts…

    Sensex falls over 160 points, Nifty below 10,800

    It’s not the perfect finish to the week as benchmarks closed with deep cuts; the Nifty ended below 200-day moving average (DMA). Interestingly, there was a minor patch of green on equities through the day, but a sharp sell-off in the last two hours weighed on indices. The Sensex slipped a little over 450 points…

    Indices see a green close, Yes Bank aids rally; Nifty below 10,850

    Shares ended the day on a positive note, amid good moves from index heavyweights such as Yes Bank, among others. The Nifty managed to end just below 10,850-mark. Yes Bank’s stock rallied nearly 19 percent intraday and ended 8 percent higher as the lender announced the appointment of Ravneet Gill as MD & CEO. Other…

    Last hour selling drags Sensex by 330 points, Nifty below 10,850

    Bears took over D-Street in the last hour as a sharp selloff among majority of sectors weighed on benchmarks. The Sensex closed with cuts of over 330 points, while the Nifty ended below 10,850-mark. Having said that, the 30-share index has managed to end above 36,000, but the Nifty has fallen behind 200-day moving average….

    Nifty holds 10,900 even as global growth concerns weigh

    Equities ended the day on a negative note, but off their low points as bulls put up a fight in the last hour. The Nifty managed to hold 10,900, while the Sensex closed a little over 100 points lower. Some global cues too had their impact on the markets here. Concerns over global slowdown pushed…

    No Monday blues for bulls; Nifty above 10,950

    It’s a good start for the bulls on Monday, with equity benchmarks closing with gains of around half percent. The Nifty ended the day above 10,960-mark. However, indices were off their high points. The Sensex ended above 36,500-mark, while midcaps underperformed during the session. It lost nearly one percent during the day. Traditional defensives of…

    Indices close the week with 1% gains; Nifty above 10,900

    Benchmark indices managed to end the session on a mildly higher note, with the Nifty holding on to 10,900-mark. Stable global cues along with rise in IT and consumption names helped the bulls put up a tough fight. The market were largely trading around the flat line with bouts of negative moves. The last couple…

    Bulls pull indices into positive terrain; Nifty holds 10,900

    Equity benchmarks ended the session on a marginally higher note, but not before witnessing volatile moves. The Nifty managed to hold on to 10,900-mark. Weakness was visible among pharmaceuticals and PSU banks, while other sectors ended the day in the green. The Nifty IT index was the big gainer as a weaker rupee boosted IT…

    Flat end to D-Street amid a volatile day; Nifty below 10,900

    A largely volatile day came to a flat close on Wednesday as investors awaited for stronger cues from global and domestic front. The Nifty ended the session below 10,900, which it had reclaimed right at its opening tick. The Sensex slipped around 150 points off the day’s high points, while an underperformance was visible among…