Share Market

Profit booking subdued India's key equity indices "S&P BSE Sensex and NSE Nifty50" during Friday's post-noon trade session. Accordingly, the recent upsurges in the market triggered a bout of profit booking.Amongst sectors, Metals, Capital Goods have risen the most, while Telecom and Healthcare have lost the most.

At 9.15 a.m., the S&P BSE Sensex traded at 58,671 points, up 0.37 per cent. It opened at 58,555 points from the previous close of 58,461 points. Till now it has touched a low of 58,512 points. Besides, the broader 50-scrip Nifty at the National Stock Exchange (NSE) opened at 17,424 points after closing at 17,401 on Thursday.

Initially, the market opened on a positive note and remained in the green throughout the session. Also, positive global cues lent some support to the domestic indices, analysts said. On the domestic market front, sectors such as metals and auto were in focus. Notably, India's GST collections rose on both sequential and year-on-year basis to Rs 1,31,526 crore in November.

At 9.30 a.m., the S&P BSE Sensex traded at 57,620 points, up 0.62 per cent. It opened at 57,272 points from the previous close of 57,260 points. Till now it has touched a low of 57,252 points. Besides, the broader 50-scrip Nifty at the National Stock Exchange (NSE) opened at 17,055 points after closing at 17,053 on Monday.

At 9.45 a.m. the S&P BSE Sensex traded at 57,044 points, down 0.13 per cent. It opened at 57,028 points from the previous close of 57,107 points. Till now it touched a low of 56,382 points.

On Friday, equity markets in India and several countries declined sharply followed by the reports of the new variant in South Africa.The barometer 30-scrip Sensex closed at 57,107 points, down by 1,687 points, or 2.87 per cent, and the broader 50-scrip Nifty closed the day at 17,026 points, down by 509 points, or 2.91 per cent on Friday.

The Sensex of the BSE opened at 58,363.93 points and touched a high of 58,395.71 points. The Sensex touched a low of 58,199.49 points. The Sensex had previously closed at 58,340.99 points. The Sensex is trading at 58,366.82 points up by 25.83 points or 0.04 per cent.

The Sensex of the BSE opened at 58,839.32 points and touched a high of 58,872.59 points. The Sensex touched a low of 58,645.31 points. The Sensex had previously closed at 58,664.33 points.

At 9.45 a.m., the S&P BSE Sensex traded at 58,198 points, down 0.26 per cent. It opened at 57,983 points from the previous close of 58,465 points. Till now it touched a high of 58,247 points and a low of 57,718 points. Besides, the broader 50-scrip Nifty at the National Stock Exchange (NSE) opened at 17,796 points after closing at 17,416 on Monday.

However, a bigger issue may be possible inability of conglomerates to face disruption. It remains to be seen if recent de-merger announcements by large global conglomerates will provide sufficient inspiration to majority shareholders and managements of Indian conglomerates to evaluate similar de-mergers, the report said.