BSE Midcap and Smallcap indices underperformed benchmark Sensex, closing with losses of 0.92 percent and 0.64 percent, respectively.
The recent announcement made by the Finance Minister and the outcome of RBI board meet are definitely positive for the Indian market
The BSE Midcap and Smallcap indices settled 1.57 percent and 1.65 percent up, underperforming benchmark Sensex
The rupee showed signs of improvement whereas global crude oil prices eased further, which also influenced the mood of the market.
The market began the day lower and plunged sharply in the later half, continuing to prevailing corrective phase
Broader Midcap and Smallcap indices underperformed Sensex, falling 1.32 percent and 1.43 percent, respectively.
After opening with gains, the market benchmark kept trading flat as investors kept awaiting government's clarity on reports of a corporate tax rate cut
BSE Midcap and Smallcap indices outperformed benchmark Sensex, logging gains of 0.20 percent and 0.51 percent, respectively
In sync with Sensex, BSE Midcap and Smallcap indices edged up by 0.10 percent and 0.11 percent up, respectively.
The breadth of the market also improved as 1,319 stocks logged gains against 1,156 that suffered losses. As many as 140 stocks remained unchanged
The broader markets ended lower with BSE Midcap and Smallcap losing 2.4 percent and 1.5 percent, respectively.
For the week, the Nifty50 rose 1.02 percent to post its first weekly gains after 5 weeks, while the S&P BSE Sensex closed with gains of 1.25 percent for the week ended August 9.
Sectorally, the S&P BSE Auto index rose 2.7 percent, the S&P BSE Energy index gained 3.1 percent, and the S&P BSE IT index closed 1.9 percent higher.
Indiabulls Housing Finance was the top Nifty loser, down 13 percent, followed by M&M which fell 5.6 percent post Q1 results, and Tata Steel closed 4.9 percent down.
The broader markets outperformed the benchmark, with BSE Midcap and BSE Smallcap ending with gains of 1.4 percent and 1.7 percent, respectively.
Nifty Bank closed with losses of nearly 2 percent or 556 points weighed down by losses in YES Bank, RBL Bank, Kotak Mahindra Bank, SBI, and ICICI Bank.
For the week, Nifty50 posted second-biggest weekly fall of 2019, down 2.8 percent while the S&P BSE Sensex close 2 percent lower for the week ended August 2nd.
Selling was seen in sectors like metals and media that were down over 3 percent each, followed by PSU Bank, and IT. Nifty Bank closed 508 points lower at 28,367.
The S&P BSE Metal index rose 2.4 percent followed by the S&P BSE Auto index which was up 1.2 percent, and the S&P BSE Oil & Gas index rose 1.06 percent.
The market is likely to tread with caution ahead of the US Fed policy outcome which will be out Wednesday night (IST), US-China trade talks, and auto sales numbers for the month of July which will be out on Thursday.
In the broader market, the S&P BSE Midcap index fell 0.67 percent while the S&P BSE Smallcap index was down 1.03 percent.
Experts feel that concerns around corporate earnings still remain and investors should stay cautious in the near-term.
The final tally on D-Street – Sensex fell 16 points to 37,830 while the Nifty closed 19 points down at 11,252
The broader market underperformed as the S&P BSE Smallcap index and the Midcap index plunged by more than 1 percent each
The broader market indices exhibited mixed trend wherein BSE Midcap ended with losses of 0.6 percent while BSE Smallcap closed 0.4 percent higher