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Rakesh Patil

Senior Data Analyst

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Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts led by auto, bank, power, realty; IT drags

BUSINESS

Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts led by auto, bank, power, realty; IT drags

Stock Market LIVE Updates: Among sectors, capital goods, auto, realty, power and PSU bank indices up 1-3 percent. However, some selling is seen in the IT and FMCG names.

Market may fall further on inflation, rate hike worries; support for Nifty seen at 15,670: Experts

BUSINESS

Market may fall further on inflation, rate hike worries; support for Nifty seen at 15,670: Experts

For traders, 15900 would act as a key resistance level and below which the Nifty could slip till 15650. However, 15900 would be the immediate trend reversal level for the bulls and above which we could see a strong pullback rally up to 16100-16300, says Amol Athawale, Deputy Vice President - Technical Research, Kotak Securities.

Dalal Street Week Ahead | LIC listing, earnings among 10 key factors that will keep traders busy

BUSINESS

Dalal Street Week Ahead | LIC listing, earnings among 10 key factors that will keep traders busy

During the last week, BSE Sensex declined 2,041.96 points (3.72 percent) to close at 52,793.62, while the Nifty50 shed 629.05 points (3.83 percent) to end at 15,782.20 levels

More than 250 smallcaps witness double digit fall as market tanks nearly 4%

BUSINESS

More than 250 smallcaps witness double digit fall as market tanks nearly 4%

During the week gone by, all the sectoral indices ended in the red with BSE Metal and Power indices falling 13 percent each. BSE Telecom index shed 6.7 percent and Realty index declined 5.8 percent.

Market lost another 4% on inflation concern; all sectors end in the red

BUSINESS

Market lost another 4% on inflation concern; all sectors end in the red

During the last week, the Indian rupee shed 53 paise to end at 77.44 per dollar on May 13 against its May 6 closing of 76.91.

Taking Stock | Market extends losses for sixth day; metal, financials a drag

BUSINESS

Taking Stock | Market extends losses for sixth day; metal, financials a drag

For the week, the Sensex declined 2,041.96 points, or 3.72 percent, and the Nifty shed 629.05 points, or 3.83 percent

Closing Bell: Nifty ends below 15,800, Sensex falls 136 pts; power & metal drag, autos shine

BUSINESS

Closing Bell: Nifty ends below 15,800, Sensex falls 136 pts; power & metal drag, autos shine

On the sectoral front bank, metal and power indices ended 1-2 percent lower, while auto, FMCG, pharma indices rose 1-2 percent.

Taking Stock | Sensex tanks 1,158 points on inflation worries; Nifty below 15,850

BUSINESS

Taking Stock | Sensex tanks 1,158 points on inflation worries; Nifty below 15,850

More than 300 stocks, including Wockhardt, Voltas, Sun TV Network, RBL Bank, Nestle India, Jubilant FoodWorks and IFCI, touched their 52-week low on the BSE

Closing Bell: Nifty manages to hold 15,800, Sensex plunges 1,158 pts; all sectors in the red

BUSINESS

Closing Bell: Nifty manages to hold 15,800, Sensex plunges 1,158 pts; all sectors in the red

All the sectoral indices ended in the red with capital goods, auto, bank, metal, oil & gas, power, FMCG, pharma, realty indices down 1-4 percent.

Taking Stock | Sell-off continues for fourth day; Nifty ends below 16,200, Sensex falls 276 pts

BUSINESS

Taking Stock | Sell-off continues for fourth day; Nifty ends below 16,200, Sensex falls 276 pts

Over 250 stocks, including Wipro, Torrent Pharmaceuticals, Jindal Saw, Hindustan Zinc, Granules India, Aurobindo Pharma, Ashoka Buildcon, IDFC First Bank, and KEC International, touched their 52-week low on the BSE.

Closing Bell: Nifty ends below 16,200, Sensex pares losses to close 276 pts lower; banks shine, IT, auto drag

BUSINESS

Closing Bell: Nifty ends below 16,200, Sensex pares losses to close 276 pts lower; banks shine, IT, auto drag

Among sectors, bank and realty indices were up 0.5 percent each, while IT, auto, FMCG, pharma, power and capital goods indices shed 0.5-1 percent.

Taking Stock | Markets end lower on another volatile day; metals hit, banks shine

BUSINESS

Taking Stock | Markets end lower on another volatile day; metals hit, banks shine

More than 100 stocks, including SAIL India, Rallies India, Dabur India, Nestle India and Granules India, touched their 52-week low on the BSE

Foreign brokerages cut target price of these 10 stocks; do you own any?

BUSINESS

Foreign brokerages cut target price of these 10 stocks; do you own any?

HDFC Life Insurance, HUL, Britannia, Wipro, UltraTech Cement and Indus Towers are among the ten stocks in which foreign broking houses cut the target price.

Closing Bell: Market ends lower amid high volatility; metals down 5%, banks shine

BUSINESS

Closing Bell: Market ends lower amid high volatility; metals down 5%, banks shine

On the sectoral front, metal, power, oil & gas, healthcare, IT and realty indices down 1-5 percent.

Taking Stock | Market ends lower amid volatility; power, metal, PSU banks take a beating

BUSINESS

Taking Stock | Market ends lower amid volatility; power, metal, PSU banks take a beating

Broader indices underperformed the benchmarks, with BSE midcap and smallcap indices shedding nearly 2 percent each

Volatility likely to persist amid inflation data, earnings, upcoming IPOs

BUSINESS

Volatility likely to persist amid inflation data, earnings, upcoming IPOs

Technically, the Nifty is consistently trading below 200-day and 50-day SMA which is broadly negative. In addition, on weekly charts it has formed a long bearish candle, which supports further weakness from the current levels, says Amol Athawale, Deputy Vice President - Technical Research, Kotak Securities.

Closing Bell: Nifty ends at 16,300, Sensex down 365 pts; power, metal, PSU banks drag

BUSINESS

Closing Bell: Nifty ends at 16,300, Sensex down 365 pts; power, metal, PSU banks drag

BSE midcap and smallcap indices shed nearly 2 percent each.

Rate hikes by central banks drag market 4%; over 100 smallcap sheds 10-25%

BUSINESS

Rate hikes by central banks drag market 4%; over 100 smallcap sheds 10-25%

For the week, the Sensex shed 2,225.29 points, or 3.89 percent, to close at 54,835.58, while the Nifty fell 691.25 points, or 4.04 percent, to end at 16,411.3

Slideshow | Market slips 4% amid rate hikes by central banks; rupee falls 48 paise

BUSINESS

Slideshow | Market slips 4% amid rate hikes by central banks; rupee falls 48 paise

The Indian rupee ended weak against the US dollar during the week. The rupee fell 48 paise to 76.91 a dollar on May 6 against its April 29 closing of 76.43

Taking Stock | Market falls 1.5% on rate hike worries; more than 100 stocks hit 52-week low

BUSINESS

Taking Stock | Market falls 1.5% on rate hike worries; more than 100 stocks hit 52-week low

More than 100 stocks, including Wipro, Zomato, Welspun India, Vivimed Labs, Spicejet PNB Housing Finance, Glenmark Pharmaceuticals, touched their 52-week low on the BSE.

Foreign brokerages raise target of these 10 stocks; do you own any?

BUSINESS

Foreign brokerages raise target of these 10 stocks; do you own any?

Cholamandalam Investment and Finance, Reliance Industries, ICICI Bank, Adani Ports, Tata Steel, Godrej Properties, Mahindra & Mahindra Financial Services, Maruti Suzuki, SBI Cards & Payment Services and IndusInd Bank are among the top 10 stocks for which foreign brokerages raised the target price.

Closing Bell: Nifty ends below 16,500, Sensex falls 866 pts; power stocks gain, realty worst hit

BUSINESS

Closing Bell: Nifty ends below 16,500, Sensex falls 866 pts; power stocks gain, realty worst hit

Among sectors, metal and realty indices fell 3 percent each and IT index down 2 percent, however, power index rose 0.5 percent.

Gainers & Losers: 10 stocks that moved the most on May 5

BUSINESS

Gainers & Losers: 10 stocks that moved the most on May 5

Among sectors, power, capital goods, and IT indices rose 1-2 percent each. However, realty, FMCG, and pharma indices fell 0.5-1.5 percent.

Biocon, Atul, GNA Axles, Indian Hotels among 11 mid and smallcaps showing double digit upside

BUSINESS

Biocon, Atul, GNA Axles, Indian Hotels among 11 mid and smallcaps showing double digit upside

Indian Hotels Company, Coromandel International, Nippon Life India Asset Management, AU Small Finance Bank, Mahindra Logistics, Laurus Labs are among the top 11 mid and smallcap stocks Sharekhan expects will clock double digit returns.

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