National Stock Exchange
Equities settle low on continued fund outflows; Sensex slips over 400 pts
Accordingly, Sensex settled 0.7 per cent or 427 points down at 59,037 points, whereas Nifty 0.8 per cent or 140 points down at 17,617 points. "(Also), weak sentiments from global markets due to persistent inflationary worries and weaker-than-expected earnings added to the selling pressure," said Vinod Nair, Head of Research at Geojit Financial Services.
FII outflows plunge equity indices; Sensex, Nifty settle 1% down
As per data, FIIs sold Rs 4,679.8 crore on BSE, NSE and MSEI in the capital market segment. Besides, global inflationary woes as well as rise in crude oil prices supported the downtrend. Consequently, Sensex settled at 59,464 points, down 1.06 per cent or 634 points, whereas Nifty settled at 17,757 points, down 1.01 per cent or 181 points, from its previous close.
Global inflationary woes subdue indices; realty stocks down
Globally, almost all Asian and European markets were in the red amidst growing fears that Federal Reserve plans to fight surging inflation by ramping up interest rates faster than previously anticipated. On the domestic front, volumes on the NSE were a little higher than recent average. Among sectors, stocks of Oil & Gas and Auto were the only ones in the green whereas Realty, Banks, Telecom and IT indices lead the losses.
Equities settle low on profit booking, rising crude prices; Sensex slips 550 pts
Notably, indices traded on a positive note for six out during the past seven sessions. On Tuesday, the Sensex and Nifty settled at 60,754 points and 18,113 points, down 0.9 per cent or 554 points and 1.1 per cent or 195 points from their previous close, respectively. All the sectoral indices traded in the red with Nifty realty, metal, IT, auto, and PSU bank declining the most, the NSE data showed.
Equities decline in early trade on profit booking
Sensex traded at 61,099 points, down 0.4 per cent from the previous close of 61,308 points. It opened at 61,219 points.
Stocks Rise: Healthy Q3 results buoy indices; realty scrips up
Globally, Asian share markets were mixed on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions on consumer spending, prompting Beijing to again ease monetary policy. Similarly, European stock markets opened higher on Monday as investors look past concerns about looming US interest rate hikes and China's slowing economy.
Tata Teleservices stocks hit 5% lower circuit for 2nd straight session
Post conversion of dues into equity, the Centre is expected to hold a 9.5 per cent stake in the company, it said in a regulatory filing on Tuesday. The conversion, however, will be subject to a mutual agreement on the terms and conditions, including the governance of the company post-conversion of the interest amount into equity shares, it added in the same filing.
Equities extend gaining streak, settle marginally higher
Notably, with Thursday's marginal gains, indices traded on a positive note for fifth consecutive session. Return of foreign portfolio investors (FPIs) into the Indian equity segment likely supported the market sentiment. On Thursday, the Sensex and Nifty settled at 61,235 points and 18,257 points, up 0.14 per cent and 0.25 per cent from their previous close, respectively.
Paytm stock hits all-time low
Manoj Dalmia, Founder and Director at Proficient Equities Private Limited said Paytm Share plunged by 6 per cent and is further down 1.48 per cent making its all-time low.
Dalmia said Paytm's payment business accounts for about 70 per cent of revenue, which will be under threat if there are any regulatory changes. Also, its entry into insurance sectors has been rejected by regulators.
More than 850 penny stocks rose over 100% in the past 18 months
The misfeasance is now widespread and IANS has been throwing into stark relief how circular trading and pump and dump schemes are being run brazenly. It is high time that SEBI and the two exchanges start looking at the data and improve their surveillance mechanisms. As per data by BP Wealth, Equipp Social Impact Technologies rose by a whopping 29385 per cent, Simplex Papers by 14479 per cent, TTI Enterprise by 13335 per cent, HCP Plastene Bulkpack by 9620 percent. These were among the top performing penny stocks in the last 18 months.
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