SENSEX is also known as BSE Sensex. It stands for Stock Exchange Sensitive Index and is the stock market index for the Bombay Stock Exchange which calculates the movement on BSE. A stock market analyst Deepak Mohoni termed the word Sensex which was a blend of words ‘Sensitive’ and ‘Index’. It is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. It was launched January 1. The base value of the SENSEX was taken as 100 on 1 April 1979 and its base year as 1978-1979. The index is calculated based on a free float capitalisation method, a variation of the market capitalisation method. Instead of using a company's outstanding shares it uses its float, or shares that are readily available for trading. Free Floating capital implies total capitalization less Directors shareholding. As per free float capitalisation methodology, the level of index at any point of time reflects the free float market value of 30 constituent stocks relative to a base period. The market capitalisation of a company is determined by multiplying the price of its stock by the number of shares issued by corporate actions, replacement of scrips. More
Benchmark indices ended flat on November 7 as volatility and mixed sectoral trends kept gains in check, with the Nifty closing under 25,500.
Catch Nandita Khemka and Yatin Mota in conversation with Nirav R karkera, Head of Research, Fisdom and Ashish Bahety, Technical and Derivative Research Analyst, ProfitMart Securities
Stock market today: Sensex, Nifty pared early losses amid value buying, supported by positive cues from Wall Street futures.
Stock market today: Sensex, Nifty extended decline to third straight session as persistent FII selling and weak global cues weighed on domestic equities.
Broad-based selling gripped the markets, with IT and midcap stocks leading declines
The Nifty 50 extended losses for the second straight session on November 6, slipping a third of a percent as key technical and momentum indicators turned weaker. Experts now see the index heading towards 25,450, with a further decline to 25,300 possible if that level is breached. Meanwhile, weak global cues are weighing on sentiment — Wall Street ended sharply lower overnight as AI-driven stocks resumed their slide, dragging the Nasdaq down nearly 2 percent. U.S. layoff data for October also spiked to a two-decade high, adding to jitters. Asian markets are mirroring the overnight weakness, and the GIFT Nifty signals a subdued start for Indian equities. Among stocks in focus today: Bajaj Auto, Hindalco, Trent, Divi’s, and Nykaa are set to report earnings, while Bharti Airtel, TVS Motor, Lupin, and Akzo Nobel will also be in the spotlight. In the IPO space, Pine Labs opens for subscription. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder of NeoTrader, and Mayuresh Joshi, Director–Research, Marketsmith India, for expert insights on market trends and trading strategies.
Tech-led sell-off on Wall Street spills into Asia; Indian indices eye third straight day of declines.
US stocks closed in negative territory on Thursday, with a resumption of Tuesday's tech selloff as investors contended with mounting economic uncertainty and stretched valuations.
The bigger risk for the Indian economy is lack of job creation as a result of employers using AI more, Pramod Gubbi said.
Among sectors, metal index added 1.4%, while Consumer Durables, FMCG, telecom shed 0.5% each. BSE midcap and smallcap indices ended with marginal gains. Shriram Finance, Adani Enterprises, Tata Steel, Bajaj Finance, HDFC Life were among major gainers on the Nifty, while losers were Bharti Airtel, Tata Consumer, Apollo Hospitals, Tech Mahindra and Interglobe Aviation.
Fourteen of the 16 major sectors fell, while small-cap and mid-cap indexes slipped 1.4% and 1%, respectively
Catch Nandita Khemka and Yatin Mota in conversation with Rakesh Vyas, CIO and Portfolio Manager, Quest Investment Advisors and Kunal Rambhia, Fund Manager, The Streets (Technical)
Pine Labs’ Rs 3,900 crore IPO opens on November 7. A key player in India’s fintech ecosystem, the company provides payment solutions spanning POS terminals, merchant financing, and digital transaction tools. The IPO size has been trimmed from Rs 5,867 crore as per the DRHP filed in June, with the price band set at Rs 210–221 per share. Catch Nandita Khemka in conversation with Amrish Rau, CMD & CEO of Pine Labs, on the company’s growth strategy and post-IPO roadmap.
Stock market today: Sensex, Nifty declined amid profit booking in key sectors, while the persistent FII selling also dented the sentiment.
Sensex and Nifty started firm, boosted by M&M and Britannia earnings, even as FII selling and weak metal stocks kept gains in check.
The Nifty 50 ended just below the 25,600 mark on November 4, slipping six-tenths of a percent. With the index now trading below short-term moving averages and momentum indicators turning weak, experts say short-term consolidation and range-bound movement may persist, though the medium-term trend remains positive. If the Nifty sustains below 25,600, key support levels lie at 25,500–25,400, while resistance is expected around 25,750–25,800. In focus today will be Sun Pharma, Grasim, and IndiGo, which are set to react to their quarterly earnings. Meanwhile, the MSCI Index rejig has added Fortis, Paytm, GE Vernova, and Siemens Energy India to the MSCI India Standard Index, while Tata Elxsi and CONCOR have been moved to the Smallcap category. Catch Nandita Khemka in conversation with Chandan Taparia, Senior Vice President & Head – Derivatives and Technical Research, Motilal Oswal, and Anand K Rathi, Co-Founder, MIRA Money
Indian benchmark indices are expected to open higher on Thursday, tracking gains across global markets, with traders watching key earnings and the first weekly expiry of Sensex contracts for the November series.
On the sectoral front, metal, power, realty, media down 1.5-2.5%. However, FMCG, auto and IT ended with marginal gains. BSE Midcap index fell 1.2%, and smallcap index shed 1.5%. Asian Paints, Interglobe Aviation, M&M, Reliance Industries, UltraTech Cement were among major gainers on the Nifty, while losers were Hindalco, Grasim Industries, Adani Enterprises, Power Grid Corp and Eternal.
On November 4, Indian equity indices ended lower with Nifty finishing below 25,600. Trading on the NSE and the BSE will resume on November 6 (Thursday).
Sectors that were laggards in the last quarter such as Banking and Consumption have likely found their base and are expected to show better results in the coming year, aided by macro stimulus from the Government and RBI, said Sonal Minhas.
140 stocks touched their 52-week high on the BSE, including City Union Bank, MRPL, Asahi India, Delhivery, Titan Company, Bharti Airtel, BPCL, IOC, Laurus Labs, SBI. HPCL, eClerx Services, L&T Finance, Shriram Finance, SBI Life Insurance, Bank of India, MCX India, among others.
While consumer durables held steady, most sectors dragged, even as analysts see room for incremental buying in the ongoing consolidation phase
Nifty Slumps To Day's Low Amid Expiry Day Volatility. Nifty Suffers Triple-digit Cut Amid Expiry Day Blues. Index Fails To Defend 25,700. Midcaps Succumb To Selling Pressure. Breadth Negative; NSE Advance-decline Ratio At 1:2. All Sectors In The Red; Metals Biggest Losers. I.T. Extends Losses; Autos In Reverse Gear. Catch Nandita Khemka in conversation with Sneha Poddar, Motilal Oswal Financial Services Ltd and Osho Krishan, Angel One Ltd
Stock market today: Sensex, Nifty saw profit booking amid weak global cues, while the persistent FII selling also weighed on the sentiment.
The initial public offering (IPO) of Billionbrains Garage Ventures Ltd., the parent company of fintech platform Groww, opens for subscription today. The Rs 6,632 crore issue is priced in the range of Rs 95-100 per share. Ahead of the launch, Groww raised Rs 2,984 crore by allotting 29.84 crore equity shares to over 100 anchor investors at Rs 100 per share. The anchor book saw strong participation from marquee names such as HDFC MF, Government of Singapore, Kotak MF, Government Pension Fund Global, SBI MF, Abu Dhabi Investment Authority, Goldman Sachs, Axis MF, Aditya Birla Sun Life MF, Motilal Oswal MF, Mirae Asset MF, Tata MF, Amundi Funds, Societe Generale, ICICI Prudential MF, MIT, Malabar India Fund, Sundaram MF, Morgan Stanley, Trust MF, and Abakkus Flexi Edge Fund-I. Catch Nandita Khemka in conversation with Ishan Bansal, Whole-Time Director & CFO, Billionbrains Garage Ventures, as he outlines the company’s post-IPO roadmap and the next phase of growth.