Indian equity benchmarks BSE Sensex and NSE Nifty50 failed to hold on to the green in a volatile session dragged by oil & gas, metal and IT shares though gains in select financial and FMCG shares lent some support. Here's a wrap of today's market action with Yatin Mota
Moneycontrol’s Karunya Rao caught up with Gautam Duggad, Head of Research – Institutional Equities, Motilal Oswal, to understand which way the markets are headed and what to make of the earnings delivered so far. Duggad is currently betting on Financials, Cement, IT, and he also believes Consumer and select Auto Ancillary companies can yield good returns over the long haul. Listen in to find out more
Karunya Rao caught up with Alok Singh of BOI Axa, to talk about key levels and triggers to watch for Nifty, banking and auto stocks. Singh also remains constructive on Pharma, IT, Chemical stocks from a long-term view.
Despite positive global cues and optimism from declining Covid cases, Indian markets erased early gains and traded flat owing to weak economic data. Adani Ports, ONGC, Bajaj Finance, SBI and Bajaj Auto were among major gainers on the Nifty, while losers included JSW Steel, Tata Steel, UltraTech Cement, ICICI Bank and Grasim Industries.
Equity markets conclude the May series on a positive note. Markets gained momentum in early hours on hopes of unlocking - given the decline in Covid cases. However, RBI’s warning of the risk bubble in annual report turned investors cautious. However, Nifty managed to close at record level aided by banks, IT & metal stocks. Meanwhile, realty and FMCG shares closed weak
Santosh Nair, Editor of Moneycontrol wraps the week's market action and shares cues for the next week in a conversation with Sakshi Batra.
Find out what triggered the market this week and what you can look forward to next week in the Moneycontrol special episode.
Weak trading session is what we saw today. The bears, they had a big party while the bulls after quite a bit they were running for cover.
Markets buckled down today after an initial show of resilience. The Nifty sheds 1 percent to close below 5,700. Udayan Mukherjee, managing director, CNBC-TV18 gives a detailed analysis of the market‘s performance today.
It was not a very big ranged session of volatility at all today, as seen in earlier expiry sessions, reports CNBC-TV18’s Udayan Mukherjee.
It's been a range-bound yet sluggish session for the market today. It's just been gyrating around 5200, and has not made much headway on either side, says Udayan Mukherjee, managing editor, CNBC-TV18
It has been a terrific comeback for the market today. The Nifty recovered all of yesterday’s losses to close at 5200 again, up 11% for January, the best monthly performance since September 2010.
Moneycontrol.com editor, Santosh Nair, chats up Shishir Asthana of Firstpost.com on the market movers and Nifty levels for the day. Listen in!
Across the board buying helped the frontline indices build on their early gains. The Nifty gained just over 2% to close at 5,140 while, the Sensex rallied 340 points to close at 17,085.