Sensex
Markets rise on value buy, global cues and banking stocks rise
The two indices had a 'gap up' opening and rose some more but fell thereafter to make an intra-day low. Globally, Asian shares ended mostly higher on Thursday after stocks registered small gains on Wall Street following a mixed set of reports on the economy.
Sensex gains 400 points; metal, banking, oil & gas stocks surge
Around 10.30 a.m., Sensex was trading at 46,867.57, higher by 423.39 points or 0.91 per cent from its previous close of 46,444.18. It had opened at 46,743.49 and has so far touched an intra-day high of 46,912.22 and a low of 46,615.39 points. The Nifty50 on the National Stock Exchange (NSE) was trading at 13,725.85, higher by 124.75 points or 0.92 per cent from its previous close.
Equity indices in green, Sensex up 200 points
Around 10.25 a.m., Sensex was trading at 46,206.80, higher by 200.11 points or 0.43 per cent from its previous close of 46,006.69. It opened at 46,072.30 and has touched an intra-day high of 46,238.44 and a low of 45,899.10. The Nifty50 on the National Stock Exchange was trading at 13,529.50, higher by 63.20 points or 0.47 per cent from its previous close.
Covid-19 Strain Effect: Buying triggers as United Kingdom's mutant virus brings down stock prices
Earlier, they were spooked at the prospects of economic damage unleashed by a new and more contagious Covid-19 strain discovered in the UK. This had triggered selling pressure by FIIs during the initial part of the day's trade.
Equity indices pare initial gains, Sensex down 170 points
It opened at 45,529.61 and has touched and intra-high of 45,938.40 and a low of 45,140.79. The Nifty50 on the National Stock Exchange was trading at 13,272.85, lower by 55.55 points or 0.42 per cent from its previous close. Heavy selling was witnessed in industrials, energy and auto stocks, while rise in the IT and telecom stocks supported the market.
Sensex falls over 1,400 points on new Covid-19 strain, 7 lakh crore market cap lost
The two key indices -- S&P BSE Sensex and NSE Nifty50 - fell by over 3 per cent. The day's carnage saw Sensex losing a total market capitalisation worth around Rs 7 lakh crore. It is speculated that 'Basket' selling by FPIs likely triggered the sharp fall in Indian markets. Foreign investors pulled-out liquidity worth Rs 323.55 crore on Monday.
New Covid-19 Strain Scare: Sensex dips over 1,400 points
Resultantly, India's equity benchmark indices fell the hardest in seven months. It is speculated that 'Basket' selling by FPIs likely triggered the sharp fall in Indian markets. Accordingly, both the key indices -- S&P BSE Sensex and NSE Nifty50 - fell by over 3 per cent on Monday.
Sharp fall in market, Sensex plunges over 1,500 points
Across-the-board sell-off took place during the afternoon trade session, led by banking, finance and oil and gas stocks. Fresh Covid-related restrictions in several European countries and likely fallout in Brexit negotiations weakened the investor sentiments. Around 3 p.m. Sensex was trading at 45,404.63, lower by 1,556.06 points or 3.31 per cent from its previous close of 46,960.69.
Equities flat amid volatility; auto, banking stocks plunge
Heavy selling was witnessed in auto, banking and oil and gas stocks. The indices traded on a subdued note on the back of a negative trend in the Asian markets. Around 12.05 p.m., Sensex was trading at 46,960.94, higher by just 0.25 points from its previous close of 46,960.69. It opened at 46,932.18 and has touched an intra-day high of 47,055.69 and a low of 46,693.95 points.
Market inches-up on late hour buying spree, IT stocks rise
However, the market remained subdued throughout the day's trade session due to profit booking along with extremely high stock valuations. Globally, Asian shares slipped on speculation of heightened United States-China trade standoff.
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