HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
The 30-share BSE Sensex swung nearly 800 points during the session before closing at 57,996.68 -- marking a loss of 145.37 points or 0.25 per cent
Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today
Note says market valuation shrinks if it is above long-term averages before the start of the hike cycle
Some troops in Russia's military districts adjacent to Ukraine are returning to their bases after completing drills, Russia's defence ministry was quoted as saying
Economists warned that US sanctions on Russia would have a severe impact on food, energy and metal prices
The NSE Nifty50, on the other hand, breached below the 16,850-mark to end 532 points, or 3.06 per cent, lower at 16,843. This was the indices biggest intra-day fall since November 26, 2021
All the sectoral indices settled in the negative territory today with technology and public sector banks being the worst hit. The IT and PSB indices dropped nearly 3% and 2%, respectively
The Sensex ended the session at 58,926 - a gain of 460 points, or 0.8 per cent. The Nifty, on the other hand, ended the session at 17,606 - up 142 points, or 0.8 per cent.
Repo rate was left unchanged at 4 per cent and the reverse repo rate at 3.35 per cent
Stock market LIVE: Sectorally, Nifty Auto index was the top performer now, up 1.5 per cent, followed by Nifty Private Bank, and IT indices. PSU index was the sole loser, down 0.8 per cent.
Small-, mid-caps bleed, even as Sensex ends in green
The 30-pack index was lifted by Tata Steel (up 3 per cent), RIL (up 2 per cent), Bajaj twins, and Asian Paints
FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts
The high spirits on the budget were short-lived as the global concerns have began weighing on equities.
Benchmark indices fell for the second day on Friday, but ended the week with 2.5-per cent gain
Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent
US tech rout, Ukraine crisis hit sentiment
Among sectors, all the key indices ended in the red, led by the Nifty IT index (down 2 per cent) and the Nifty Realty index (down 1.7 per cent). Nifty Auto index was the only gainer, up 0.4 per cent.
A 500-company sample of Q3 results, including many of the private sector majors, shows signs of inflation impacts