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June 29, 2022 / 03:38 PM IST

Closing Bell: Sensex ends in the red, Nifty around 15,800; bank, FMCG, IT top losers

Market at Close Updates: Among sectors selling was seen in bank, IT and FMCG names, while the midcap and smallcap indices also ended in the red.

  • Closing Bell: Sensex ends in the red, Nifty around 15,800; bank, FMCG, IT top losers
    Stock Market News
    Moneycontrol.com
    HIGHLIGHTS
    • 03:37 PM IST

      Rupee ends at record closing low of 78.97

    • 03:12 PM IST

      PVR restarts capex cycle

    • 01:33 PM IST

      Renesas Electronics Corporation enters into a strategic partnership with Tata Motors and Tejas Networks

    • 01:34 PM IST

      Renesas Electronics Corporation enters into a strategic partnership with Tata Motors and Tejas Networks

    • 01:19 PM IST

      Sandeep K Gupta to be the next Chairman of GAIL

    • 01:11 PM IST

      European Central Bank member Holzmann says there’s ample room to hike to cool surging inflation

    • 12:49 PM IST

      Bajaj Finserv acquires stake in Account Aggregator, Perfios Account Aggregation Services

    • 12:38 PM IST

      Mastek Partners with Netskope to Accelerate Its Cloud Security Transformation Journey

    • 11:25 AM IST

      SEBI finds NSE, Chitra Ramakrishna, 16 others guilty of collusion in NSE dark fibre case

    • 10:43 AM IST

      Genus Paper & Boards commences commercial production of kraft paper

    • 10:39 AM IST

      BSE Information Technology index sheds 0.5 percent dragged by the Brightcom Group, IndiaMART InterMESH, RateGain Travel Technologies

    • 10:34 AM IST

      Hazoor Multi Projects receives work order from Nagpur Mumbai Super Communication Expressway

    • 10:30 AM IST

      Route Mobile shares fall as board approves buyback

    • 10:06 AM IST

      Hindalco to invest Rs 71.5 lakh in Cleanwin Energy SIX LLP

    • 09:55 AM IST

      Nifty FMCG index falls 1 percent dragged by the Hindustan Unilever, Godrej Consumer, Marico

    • 09:50 AM IST

      Asian stocks lose bounce from shorter China quarantine, slip on inflation fears

    • 09:42 AM IST

      Gold prices buoyed by lower US bond yields

    • 09:40 AM IST

      Rupee at fresh low, inching toward 79

    • 09:31 AM IST

      BSE Metals index sheds 1 percent dragged by the Hindalco, NALCO, Jindal Steel

    • 09:09 AM IST

      Indian rupee opens marginally lower at 78.82 per dollar

    • 09:05 AM IST

      Indian markets likely to open gap down on weak global cues: ICICI Direct

    • 08:47 AM IST

      Expect market volatility to continue with changing global cues: Siddhartha Khemka

    • 08:44 AM IST

      Rupee is expected to depreciate today: ICICI Direct

    • 08:26 AM IST

      ICICI Bank to acquire 9.5% stake in Perfios Account Aggregation Services

    • 08:21 AM IST

      Dollar falters as U.S. yields retreat amid recession risks

    • 08:15 AM IST

      State Bank of India to pick 9.5% stake in Perfios Account Aggregation

    • 08:00 AM IST

      Fed officials promise rate hikes, push back on recession fears

    • 07:56 AM IST

      Asian markets trade lower with Hang Seng, Nikkei, Kospi down 1% each

    • 07:52 AM IST

      Oil prices take breather after three-day rally

    • 07:47 AM IST

      Wall Street stumbles as consumer pessimism stokes growth fears

    • 07:25 AM IST

      SGX Nifty indicates a negative start for the Indian indices

  • IndexPricesChangeChange%
    Sensex59,932.24224.16 +0.38%
    Nifty 5017,610.40-5.90 -0.03%
    Nifty Bank40,669.30156.30 +0.39%
    Nifty 50 17,610.40 -5.90 (-0.03%)
    Thu, Feb 02, 2023
    Biggest GainerPricesChangeChange%
    ITC378.6017.20 +4.76%
    Biggest LoserPricesChangeChange%
    Adani Enterpris1,565.25-570.10 -26.70%
    Best SectorPricesChangeChange%
    Nifty FMCG45981.551023.25 +2.28%
    Worst SectorPricesChangeChange%
    Nifty Metal5908.20-268.85 -4.35%


  • June 29, 2022 / 04:26 PM IST
  • June 29, 2022 / 04:20 PM IST

    Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services:

    Domestic equities witnessed volatile move ahead of monthly FNO expiry and weak global cues. Nifty opened gap down but inched gradually towards its previous day’s close with negative bias. The index finally ended with a loss of 51 points (-0.3%) at 15,799 levels. Broader market too ended in red down 0.5%. Among sectors Oil & Gas, Realty, Metals and Auto were gainers. While Financial Services, Banking, IT, Pharma and Media were laggards.

    There is no clear direction in the market because of mixed global cues. While the easing of Covid restriction in China have helped to bring some positivity, the low consumer data from US brought forth concerns over growth and inflation. Going ahead, we expect market volatility to continue within a broader trading range.

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  • June 29, 2022 / 04:08 PM IST

    Ajit Mishra, VP - Research, Religare Broking:

    Markets traded volatile for yet another session and lost nearly half a percent. Weak global cues were weighing on the sentiment in early trade which triggered a gap-down start however buying in select index majors trimmed the losses as the day progressed. Finally, the Nifty index ended lower by 0.4% to close at the 15,799 level. The trend was mixed on the sectoral front wherein banking, IT and consumer durables ended with losses whereas oil & gas, realty and auto closed in the green. The broader indices too traded under pressure and lost over half a percent each.

    Markets will react to the US GDP data in early trades and then the focus would shift to the monthly derivatives expiry.  While the Nifty has been hovering around its crucial hurdle of 15,900, the recent decline in the banking index is pointing towards more pain ahead. Participants should maintain caution and focus more on overnight risk management.

  • June 29, 2022 / 04:00 PM IST

    Deepak Jasani, Head of Retail Research, HDFC Securities:

    Nifty ended in the negative zone after two day of gains as the late morning rally after a gap down open fizzled out towards the end of the session. At close Nifty was down 0.32% or 51.1 points at 15799.1. Volumes on the NSE were the highest since June 17. Despite the fall, Indian markets were among the best performers in the Asian region. Among sectors, power & oil & gas indices rose the most while banks, IT and FMCG indices fell the most. Broader markets were weak as midcap index fell 0.74% and advance decline ratio ended in the negative.

    Global stock markets slipped for the second straight day on Wednesday on growing fears that policymakers bent on dampening inflation will tip their economies into recession. Nifty has shown signs of rising from the opening low levels over the past few sessions. However it is not able to build on the gains in the session. Nifty could remain in the 15638-15927 band over the next few sessions.

  • June 29, 2022 / 03:52 PM IST

    Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services:

    Rupee fell to fresh all-time lows following broad strength in the dollar against its major crosses. Dollar rose despite  consumer confidence number released from the US came in below estimates. Euro and pound consolidated in a narrow range ahead of major central bank governor's statement. Today focus will be on the final GDP number; better-than-expected number could support the dollar at lower levels. We expect the USD-INR to trade sideways but with a positive bias quote in the range of 78.70 and 79.20

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  • June 29, 2022 / 03:47 PM IST

    Sahaj Agrawal, Head of Research- Derivatives at Kotak Securities:

    June series witnessed significant volatility and continues to trade with a negative bias below 15930. Medium term outlook remains negative while for the short term we believe technical bounce back is possible on crossing of resistance levels. On the higher side 16300-16500 is possible. Energy and select midcap stocks remain attractive. Banking stocks trades here critical support levels. Metals continue to remain weak with high volatility.

  • June 29, 2022 / 03:42 PM IST

    Vinod Nair, Head of Research at Geojit Financial Services:

    Consumer confidence is declining rapidly due to the uncontrolled & constant rise in inflation. India had to bear the double whammy effect of a dampening global equity market and rising crude prices as major suppliers like Saudi are unable to boost the output in the short-term. However, the domestic market was able to recover most of the losses due to the strong movement of index heavyweights, PSUs, metals and oil & gas stocks before slipping some gains by the end of the day due to volatile global market.

  • June 29, 2022 / 03:37 PM IST

    Rupee at close: Rupee ends at record closing low of 78.97 against June 28 close of 78.77 per US dollar

  • June 29, 2022 / 03:36 PM IST

    Market at Close: Benchmark indices ended in the red on June 29 with Sensex down 150.48 points or 0.28% at 53026.97, and the Nifty falling 51.10 points or 0.32% at 15799.10. 

      Market at Close: Benchmark indices ended in the red on June 29 with Sensex down 150.48 points or 0.28% at 53026.97, and the Nifty falling 51.10 points or 0.32% at 15799.10. 
  • June 29, 2022 / 03:23 PM IST

    Long Build-ups

    Long build-ups were witnessed in the stocks of Bosch Ltd, Abbot India and Trent. 

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  • June 29, 2022 / 03:12 PM IST

    PVR restarts capex cycle
    PVR restarts capex cycle, plans to open 125 screens in FY23. The company expects to complete the process of its merger with rival Inox Leisure during the current fiscal itself.

  • June 29, 2022 / 03:02 PM IST

    Market at 3.00 PM
    Indices trade flat amid volatility, Nifty above 15,800
    The Sensex was trading off day's high with a gain of 21.89 points or 0.04% at 53,183.17 and the Nifty was higher by 2.2 points or 0.01% at 15,834.25 About 1,528 shares have advanced, 1,735 shares declined, and 147 shares are unchanged.

      Market at 3.00 PM  
Indices trade flat amid volatility, Nifty above 15,800 
The Sensex was trading off day's high with a gain of 21.89 points or 0.04% at 53,183.17 and the Nifty was higher by 2.2 points or 0.01% at 15,834.25 About 1,528 shares have advanced, 1,735 shares declined, and 147 shares are unchanged.