The Nifty ended the session at 14,696, with a decline of 154 points, or 1 per cent.
Profit-booking in banking, finance and metal counters further weighed on bourses, traders said
Over the last four sessions, the Sensex has gained 1,248.90 points or 2.58 per cent.
Outperformance to Nifty sharpest in more than a decade
Since 2010, the S&P BSE Sensex has given a positive return on six occasions in May, data show. In May 2014, it surged 8 per cent - the biggest percentage-wise gain in May in the last decade
All the three insurance stocks are successfully holding the support of 200-DMA and may see upside of over 5 per cent in the near-term
Covid-19, US yields, dollar to weigh on equity flows in the near term
A weaker Rs, slower growth, and higher inflation could lead to investors focusing on export-oriented stocks
The poor listing comes amid weakness in the secondary market because of the rise in Covid-19 infections and lockdown measures imposed in key states
Only market among top 15 to see a fall; world m-cap has risen 4.2% in April
There were allegations of preferential access to Tick-By-Tick (TBT) data feed being given by the exchange to certain trading members, following which Sebi probed the matter
A strong recovery in the rupee, which zoomed 58 paise, and a bullish trend in global equities supported the bourses on Friday, traders said
A recovering rupee and positive global cues also propped up the bourses, traders said
Sensex, Nifty rise 1.4%; experts see volatility continuing in near term
The IT services major on Monday posted Q4 numbers largely in line with or above analysts' estimates
In January 2000, the promoters of Reliance Industries Ltd (RIL), and other entities acting in concert, raised their stake in RIL by 6.83 per cent through converting warrants issued in 1994
Market benchmarks nursed losses on Friday after three days of gains as the unabated rise in COVID-19 cases and localised lockdowns prompted investors to unwind bets in banking, finance and infra counters. A continuously depreciating rupee also sapped risk appetite, traders said. After a fluctuating session, the 30-share BSE Sensex ended 154.89 points or 0.31 per cent lower at 49,591.32. Similarly, the broader NSE Nifty slipped 38.95 points or 0.26 per cent to 14,834.85. Bajaj Finance was the top laggard in the Sensex pack, tumbling 3.12 per cent, followed by UltraTech Cement, NTPC, Axis Bank, ICICI Bank, IndusInd Bank, Reliance Industries, L&T and HDFC Bank. On the other hand, Sun Pharma, HUL, Tech Mahindra, Dr Reddy's and Titan were among the gainers, climbing up to 3.69 per cent. During the week, the Sensex declined 438.51 points or 0.87 per cent, while the Nifty shed 32.50 points or 0.21 per cent. "Domestic markets traded in a mild negative territory following weak global cue
However, investors have to deal with counterparty risk
A depreciating trend in the rupee also weighed on risk sentiment, traders said
SPAC, a novel shell company structure, may be useful but effective investor protection measures and education are key