Moneycontrol PRO
HomeAuthorRakesh patil

Rakesh Patil

Senior Data Analyst

Moneycontrol

Taking Stock: Nifty sheds early gains to close below 24,500, Sensex down 369 points

BUSINESS

Taking Stock: Nifty sheds early gains to close below 24,500, Sensex down 369 points

Leading indices gave up early gains to trade rangebound for most part of the session, with a last-hour selling dragging the Nifty 50 to 24,465.65.

First Tick: Here are the top global cues for today’s trade

BUSINESS

First Tick: Here are the top global cues for today’s trade

Oil prices rose on Tuesday as the US and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would disrupt their economies

Closing Bell: Nifty below 24,500, Sensex down 369 pts; auto, oil & gas shine, realty, banks drag

BUSINESS

Closing Bell: Nifty below 24,500, Sensex down 369 pts; auto, oil & gas shine, realty, banks drag

Maruti Suzuki, Hero MotoCorp, Tech Mahindra, M&M, NTCP were among major gainers on the Nifty, while losers included Bajaj Finance, HUL, Trent, HDFC Bank, Nestle. BSE Midcap index down 0.2 percent and smallcap index ended flat. Mixed trend seen on the sectoral front with auto, pharma, metal, oil & gas, IT, media rose 0.3-0.7 percent, while realty, FMCG, bank, consumer durables fell 0.5 percent each.

Taking Stock: Bulls powers Nifty above 24,550, Sensex up 0.9 percent in broad-based rebound

BUSINESS

Taking Stock: Bulls powers Nifty above 24,550, Sensex up 0.9 percent in broad-based rebound

Nearly 120 stocks touched their 52-week highs on the BSE, including Sai Life Sciences, Paytm, Indian Bank, Fortis Healthcare, Nuvoco Vistas, Delhivery, eClerx Services, among others.

First Tick: Here are the top global cues for today’s trade

BUSINESS

First Tick: Here are the top global cues for today’s trade

US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday as technology-related shares, including Apple, gained and as investors were optimistic about potential interest rate cuts.

Closing Bell: Nifty near 24,600, Sensex rises 746pts; auto, realty, banks rally

BUSINESS

Closing Bell: Nifty near 24,600, Sensex rises 746pts; auto, realty, banks rally

Biggest Nifty gainers were Adani Enterprises, Tata Motors, Eternal, Grasim Industries, Apollo Hospitals, while losers included Hero MotoCorp, Bharat Electronics, Bharti Airtel. BSE Midcap index added 0.8 percent and Smallcap index rose 0.35 percent. Except consumer durables, all other sectoral indices ended in the green with pharma, metal, auto, oil & gas, PSU Bank and realty up 0.5-2 percent.

Market falls for sixth week in a row amid tariff concerns, FII sell-off

BUSINESS

Market falls for sixth week in a row amid tariff concerns, FII sell-off

The Indian rupee extended the losses in the fifth straight week, despite positive start of the week. The INR declined 14 paise to end at 87.66 per dollar on August 8 against the August 1 closing of 87.52. During the week the rupee touched a low of 87.89 and high of 86.24.

More than 40 small-cap stocks drop 10-24% amid tariff concerns

BUSINESS

More than 40 small-cap stocks drop 10-24% amid tariff concerns

The BSE Small-cap index slipped nearly 2 percent with PG Electroplast, Kitex Garments, Unichem Laboratories, Morepen Laboratories, Advait Energy Transitions, KR Rail Engineering, Faze Three, Advanced Enzyme Technologies falling between 15-24 percent.

Taking Stock: Bears back in action; Nifty breaks 24,400 first time since May 7

BUSINESS

Taking Stock: Bears back in action; Nifty breaks 24,400 first time since May 7

For the week, BSE Sensex and Nifty down nearly a percent each. Both indices were down for 6th week in a row, the longest losing streak in 5 years.

First Tick: Here are the top global cues for today’s trade

BUSINESS

First Tick: Here are the top global cues for today’s trade

Major Wall Street indexes were mixed on Thursday, with the Dow and S&P 500 ending lower, as European stocks closed at a one-week high on strong financial stocks and hopes of a Ukraine ceasefire.

Closing Bell: Tariff worries worsen; Nifty sinks to 3-month low, Sensex down 765 pts

BUSINESS

Closing Bell: Tariff worries worsen; Nifty sinks to 3-month low, Sensex down 765 pts

Biggest Nifty losers included Adani Enterprises, Bharti Airtel, Shriram Finance, IndusInd Bank, M&M, while gainers were Titan Company, NTPC, Dr Reddy's Labs, HDFC Life, Bajaj Finserv. All the sectoral indices ended in the red with metal, realty, pharma, auto, private bank, consumer durables down 1-2 percent. BSE Midcap index fell 1.5 percent and smallcap index shed 1 percent.

Taking Stock: Sensex, Nifty end higher amid last hour sharp recovery

BUSINESS

Taking Stock: Sensex, Nifty end higher amid last hour sharp recovery

More than 100 stocks touched their 52-week highs on the BSE, including Fortis Healthcare, Delhivery, JSW Steel, TVS Motor, JK Cement, Sarda Energy, Godfrey Phillips, among others.

First Tick: Here are the top global cues for today’s trade

BUSINESS

First Tick: Here are the top global cues for today’s trade

Oil held a five-day drop — the longest losing run since May — as investors looked beyond US efforts to punish buyers of Russian crude, while tracking a diplomatic push by President Donald Trump to end the Ukraine war.

Closing Bell: Sensex, Nifty recover in last-hour buying as Trump tariff storm rages

BUSINESS

Closing Bell: Sensex, Nifty recover in last-hour buying as Trump tariff storm rages

Top Nifty gainers were Hero MotoCorp, Tech Mahindra, Wipro, Eternal, JSW Steel, while losers included Adani Enterprises, Adani Ports, Trent, Tata Motors and Grasim Industries. BSE Midcap index up 0.3 percent and smallcap index ended on flat note. All the sectoral indices recovered most of the intraday losses with IT, media, pharma rising 0.5-1 percent.

Taking Stock: Market extends fall on policy day; Nifty below 24,600, Sensex slips 166 pts

BUSINESS

Taking Stock: Market extends fall on policy day; Nifty below 24,600, Sensex slips 166 pts

Except PSU Bank (up 0.6 percent), all other sectoral indices ended in the red with Information Technology, Media, Realty, Pharma, FMCG down 1-2 percent.

First Tick: Here are the top global cues for today’s trade

BUSINESS

First Tick: Here are the top global cues for today’s trade

US stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands and other companies cited trade duties in their results or outlooks.

Closing Bell: Nifty below 24,600, Sensex down 166 pts; PSU Banks gain

BUSINESS

Closing Bell: Nifty below 24,600, Sensex down 166 pts; PSU Banks gain

Biggest Nifty losers were Wipro, Sun Pharma, Jio Financial, IndusInd Bank, Tech Mahindra, while gainers included Asian Paints, HDFC Life, Trent, Adani Ports and Bharat Electronics.

Taking Stock: Nifty below 24,700, Sensex down 308 pts; autos outshine

BUSINESS

Taking Stock: Nifty below 24,700, Sensex down 308 pts; autos outshine

Infosys, Adani Enterprises, Adani Ports, Reliance Industries, ICICI Bank were among top losers on the Nifty, while gainers were Titan Company, Maruti Suzuki, SBI Life, Trent, IndusInd Bank.

Closing Bell: Nifty below 24,700, Sensex down 308 pts; autos shine on second day

BUSINESS

Closing Bell: Nifty below 24,700, Sensex down 308 pts; autos shine on second day

Among sectors, auto index up 0.4 percent, while bank, IT, oil & gas, FMCG, pharma down 0.5 percent each. BSE Midcap and smallcap indices ended with marginal losses. Infosys, Adani Enterprises, Adani Ports, Reliance Industries, ICICI Bank were among top losers on the NSE, while gainers were Titan Company, Maruti Suzuki, SBI Life, Trent, IndusInd Bank.

Taking Stock: Market snaps 2-day fall; Nifty above 24,700, Sensex jumps 419 pts

BUSINESS

Taking Stock: Market snaps 2-day fall; Nifty above 24,700, Sensex jumps 419 pts

All the other sectoral indices ended in the green with PSU Bank, pharma, realty, IT, metal, telecom, media, consumer durables, auto up 0.5-2.5 percent.

First Tick: Here are the top global cues for today’s trade

BUSINESS

First Tick: Here are the top global cues for today’s trade

Oil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large production hike in September.

Closing Bell: Nifty above 24,700, Sensex gains 419 pts; all sectors in the green

BUSINESS

Closing Bell: Nifty above 24,700, Sensex gains 419 pts; all sectors in the green

Biggest Nifty gainers Hero MotoCorp, Tata Steel, Bharat Electronics, Adani Ports, JSW Steel, while losers were Power Grid Corp, HDFC Bank, ONGC, ICICI Bank, Apollo Hospitals. All the other sectoral indices ended in the green with PSU Bank, pharma, realty, IT, metal, telecom, media, consumer durables, auto up 0.5-2.5 percent. The BSE midcap index rose 1 percent and smallcap index added 0.7 percent.

These 30 smallcaps jumped up to 24% even as broader indices underperformed

BUSINESS

These 30 smallcaps jumped up to 24% even as broader indices underperformed

The Foreign Institutional Investors (FIIs) extended their selling in fifth consecutive week, as they sold equities worth Rs 20,524.42 crore, however, Domestic Institutional Investors (DII) continued their buying in 15th week, as they bought equities worth Rs 24,300.05 crore.

Market reports longest weekly losing streak in two years; rupee weakens

BUSINESS

Market reports longest weekly losing streak in two years; rupee weakens

The Indian rupee shed 100 paise to close at 87.52 per dollar on August 1 against the July 25 closing of 86.52.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347