| Index | Prices | Change | Change% |
|---|---|---|---|
| Sensex | 80,748.64 | 322.18 | +0.40% |
| Nifty 50 | 24,761.30 | 106.60 | +0.43% |
| Nifty Bank | 54,594.05 | 204.70 | +0.38% |
| Biggest Gainer | Prices | Change | Change% |
|---|---|---|---|
| Bharat Elec | 405.95 | 10.05 | +2.54% |
| Biggest Loser | Prices | Change | Change% |
|---|---|---|---|
| HUL | 2,487.40 | -24.40 | -0.97% |
| Best Sector | Prices | Change | Change% |
|---|---|---|---|
| Nifty PSU Bank | 7360.35 | 98.90 | +1.36% |
| Worst Sector | Prices | Change | Change% |
|---|---|---|---|
| Nifty FMCG | 54801.30 | -46.25 | -0.08% |
The day belonged to the Nifty Media index which has been underperforming other sectoral indices. The huge move today in ZEE Entertainment Enterprises fired up the media index as gains seen in other stocks looked pale in comparison. The broader markets witnessed profit-booking today in stocks that have seen a big run-up in recent times.
Despite a bullish opening, domestic indices closed flat with a positive bias amid mixed sentiment among global peers.
India’s retail inflation softened to 5.3 percent in August, staying within RBI’s comfort zone which was led by lower food inflation. However, the wholesale price inflation accelerated to 11.39 percent, snapping the two-month easing trend owing to non-food articles.
Global markets traded cautiously ahead of the US consumer price index to be released today.
The market witnessed a small correction and attempted to hold 17,400 which suggests that 17,200-17,250 will be an important support zone for the market for the short term.
If the market is able to sustain above the level of 17,200-17,250, it can witness higher levels of 17,500. Technical indicators suggest a volatile movement in the market in a small range of 17,200-17,500.
The market ended with gains on September 14, supported by select heavyweights such as TCS, Kotak Mahindra Bank, Larsen & Toubro and HCL Tech.
Equity barometer the Sensex closed 69 points, or 0.12 percent, up at 58,247.09 while the Nifty finished with a gain of 25 points, or 0.14 percent, at 17,380.
Mid and smallcap indices hit their fresh record highs in intraday trade today. The BSE Midcap index closed 1.09 percent higher while the smallcap index ended with a gain of 0.63 percent.
: Crude oil prices traded higher with benchmark NYMEX WTI crude oil prices were trading 0.82% up to $71.03 per barrel for the day. MCX Crude oil September futures were trading 0.95% higher near Rs 5,230 per barrel by noon.
Crude oil prices are expected to trade sideways to up for the day with resistance at $72 and support at $69.80 per barrel. MCX Crude oil September has support at Rs 5,160 and resistance at Rs 5,320.
Direct to home service provider Dish TV India shares were locked in upper circuit on September 14, giving a massive return to investors in the month of September, amid the notice issued by Yes Bank, the shareholder in the company, to rejig board.
The bank, on September 4 in its special notice, asked the company to consider and pass the removal of Rashmi Aggarwal, Bhagwan Das Narang, Shankar Agganval, Jawahar Lal Goel, and Ashok Mathai Kurien as directors, at the 33rd Annual General Meeting of the company that scheduled to be held on September 27, 2021.
: Sensex is up 124.00 points or 0.21% at 58301.76, and the Nifty added 39 points or 0.22% at 17394.30. IndusInd Bank, HCL Tech and Hero MotoCorp are the top gainers while Zee Entertainment, IRCTC and Zomato are the most active stocks.
