Psubank

Nifty closed just a shade below the 17,600 mark following a strong rally fuelled by a surge in Adani Group shares and PSU bank stocks. Will the momentum continue in the holiday-shortened week? Osho Krishan of Angel One tells us what the charts are indicating for the Nifty and a host of stocks like Reliance Industries & Power Grid. Metals were among the top sectoral movers last week amid strength in China economic data. But will a modest growth forecast for 2023 derail the recent rally? Is this the right time to nibble into shares like Tata Steel, Hindalco and JSW Steel? We ask Gaurang Shah of Geojit Financial Services. Watch! Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Sensex struggles below 26000; PSU Bank tanks 5%, BoB loses 8%

Bears kept complete control over Dalal Street in afternoon as equity benchmarks as well as broader markets were down between 1 percent and 2 percent despite mixed global cues.

Nifty ends at 8108, Sensex bleeds 514 pts; Auto falls 5%

SBI, TCS, Dr Reddy's Labs, Wipro and HUL were top gainers while Tata Motors, Tata Steel, Asian Paints, Maruti and HDFC were losers in the Sensex.

Sensex plunges 400 pts; Mid & Smallcap crack 4-5%, SBI zooms

Benchmark as well as broader markets extended losses. The Sensex was down 410.46 points or 1.53 percent at 26408.36, and the Nifty down 148 points or 1.78 percent at 8148.30.

Sensex off day's high, up 265pts on short covering & global cues

Equity benchmarks rebounded sharply on Thursday led by short covering and positive global cues. Banks and metals stocks were leading gainers while technology and auto stocks limited upside in late trade.