HomeNewsVideosBusinessMarketsWhich way will the equity market swing in budget week? HDFC bank, Cipla & ITC in focus

Trending Topics

Sensex Today

Va Tech Wabag Shares

Godrej Properties Share Price

Inox Wind Share Price

KEC International Share Price

Which way will the equity market swing in budget week? HDFC bank, Cipla & ITC in focus

In the holiday-shortened week gone by, the BSE Sensex and Nifty 50 declined 1 percent each to end at 70,700 and 21,352, respectively. Amid mixed Q3 earnings, continued FII selling, interim Budget and first FOMC meeting in store for the coming week, the benchmark indices are likely to see a tough battle between bulls and bears. Last week, foreign institutional investors' continued to sell as a SEBI disclosure norm created short-term panic. However, sources at SEBI later clarified that there are no immediate deadlines to liquidate holdings. On the sectoral front, Nifty Media index shed 10 percent, Nifty Realty index down 4.5 percent, Nifty Bank index fell 2.6 percent and Nifty PSU Bank index down 2 percent. On the other hand, Nifty Pharma index up 1.7 percent. The biggest stock loser was Zee Entertainment Enterprises, down over 38 percent, as Sony called off $10-billion deal with the company. Nifty Midcap 100 fell 1.7 percent while Nifty Smallcap 100 fell 0.7 percent in the week gone by. This morning global cues are largely positive with the GIFT Nifty signalling a start around the 21,600 mark. Catch Nandita Khemka in conversation with Aamar Deo Singh Sr Vice President, Angelone and Amit Jain-Co founder, Ashika Global Family Office Services

Moneycontrol News

TAGS: #market opening #morning trade #Nifty #Sensex #share market #stock market #trading #video

first published: Jan 29, 2024 09:00 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On:

instagram

youtube

News

Business New Market New Stocks Income Tax Calculator Election Schedule 2024 India News Economy Mutual Funds Personal Finance IPO News Startups New USA Elections New

Features

Gold Rate Today Silver Rate Today Trending News Startups New National News MC Videos MC You Tube

Tools

SIP Calculator 2 SIP Calculator 3 SIP Calculator 1 New SIP Calculator 4

Specials

PowerYourTrade Master Your Money Game Changers

Network 18 Sites

News18 Firstpost CNN News18 CNBC TV18 Forbes History TV18

Personal Finance

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker Fixed Deposits Fixed Deposit Comparison Fixed Income Account Aggregator

Quick Links

About Us New Contact Us Advisory Alert New Advertise with Us New Disclaimer Privacy Policy Cookie Policy Terms & Conditions Careers Financial Terms (Glossary) Analytical & Information Tool New

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.