Sensex plunges over 500 points in opening session; Nifty below 14,400 – Times of India

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NEW DELHI: Equity indices plunged in opening trade on Friday with the benchmark BSE sensex falling over 500 points.
The 30-share BSE index fell 536 points or 1.09 per cent and was trading at 48,681; while the broader NSE Nifty was down 181 or 1.24 per cent at 14,377.
ONGC, L&T, Bajaj Finance, Maruti, M&M, Titan and SBI were the major losers in the sensex pack falling as much as 4.05 per cent.
While Kotak Bank, Bharti Airtel and PowerGrid were the only stocks trading in green.
On the NSE, all sub-indices were trading in red with Nifty Realty, PSU Bank and Auto falling up to 3.40 per cent.
The BSE benchmark has lost 2,062.99 points or 4 per cent in five trading sessions. On Thursday, the 30-share BSE benchmark tanked 585.10 points or 1.17 per cent to close at 49,216.52.
Following the bearish trend, the market capitalisation of BSE-listed companies declined by Rs 8,04,216.71 crore to Rs 2,01,22,436.75 crore in five days.
“Indian market has been in a corrective phase for the past 10 days due factors like high bond yields in the US and increased number of Covid cases being reported across the country,” Hemang Jani, Head Equity Strategy, Broking & Distribution, Motilal Oswal Financial Services told news agency PTI.

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Sensex rises over 450 points in opening trade; Nifty above 14,850 – Times of India

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NEW DELHI: Equity indices jumped higher in opening session on Thursday with benchmark BSE sensex rising over 450 points, amid positive global cues.
The 30-share BSE index rose 472 points or 0.95 per cent to trade at 50,273; while the broader NSE Nifty was up 134 points or 0.91 per cent at 14,856.
Top gainers in the sensex pack included Bajaj Finance, ONGC, Maruti, M&M, L&T and ICICI Bank with their shares rising as much as 2.49 per cent.
On NSE, except Nifty IT, all other sub-indices were trading in green with Nifty Metal, Auto and Media up as much as 1.83 per cent.
Shares of Vodafone Idea jumped 2.54 per cent after data showed that the telecom operator added customers to its network for the first time in 15 months in January.
Globally, the US central bank’s decision to keep interest rates near zero sent Asian shares higher with the MSCI’s broadest index of Asia-Pacific shares outside Japan adding nearly 1 per cent.

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sensex today: Sensex falls over 600 points in opening trade; Nifty below 15,000 – Times of India

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NEW DELHI: Equity indices plunged in morning trade on Monday with the benchmark BSE sensex falling over 600 points, dragged mainly by banking stocks as nine bank unions called for a two-day nationwide strike.
The 30-share BSE index fell 680 points or 1.33 per cent to trade at 50,115; while the broader NSE Nifty was trading 204 points or 1.36 per cent lower at 14,827.
SBI, Axis Bank, M&M, Bajaj Finserv, Bajaj Auto and Bajaj Finance were the top losers in the sensex pack falling as much as 2.18 per cent.
PowerGrid and Tech Mahindra were the only two shares trading in green.
On the NSE platform, sub-indices Nifty Media, Bank and Private Bank fell up to 2.53 per cent.
Banking stocks plunged amidst reports that operations across the country could be impacted as United Forum of Bank Unions (UFBU) called for a two-day nationwide strike.
The strike has been called to protest against the proposed privatisation of two state-owned lenders.
Services such as deposits and withdrawal at branches, cheque clearance and loan approvals could be affected due to the strike.
Meanwhile, broader global markets were trading higher, as investors bet on a faster economic recovery after the signing of a $1.9 trillion US stimulus bill into law last week.

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