NIFTY Financial News

The NSE Nifty index was trading 102.05 points up at 19614.4, while BSE Sensex was up 350.18 points at 65862.57 at the time of writing this report. In the Nifty index, Adani Ports & Special Economic Zone Ltd.(up 2.94 per cent), Bharti Airtel Ltd.(up 2.64 per cent), Adani Enterprises Ltd.(up 1.75 per cent), Tata Motors Ltd.(up 1.66 per cent) and Maruti Suzuki India Ltd.(up 1.42 per cent) were among the top gainers.

Gujarat Mineral Dvpt Corporation(up 13.32%), KIOCL(up 4.68%), Oriental Trimex(up 2.90%), Ashapura Minechem(up 2.66%), MOIL(up 2.23%), Orissa Minerals Development Company(up 2.07%), Lexus Granito(up 1.56%), Coal India(up 1.39%), NMDC Ltd(up 0.84%) and Pokarna(up 0.68%) were among the top gainers. were among the top losers.

These actively-managed schemes are benchmarked against Nifty Smallcap 100 — TRI, Nifty Smallcap 250 — TRI, and S&P BSE 250 Small Cap — TRI. These benchmarks offered an average return of 31.74%, 29.75%, and 29.95% respectively. Top five schemes by AUM or assets

The Sensex and Nifty 50 finished 0.7% down at 65512.39 points and 19512.35 points, respectively. Among the big movers in the market on Monday were Adani Ports and Special Economic Zone, Punjab National Bank, Tata Consultancy Services, and Oil India. Here’s what Avdhut Bagkar, Technical and Derivatives analyst, Stoxbox, recommends investors to do with these stocks when the market resumes trading on Tuesday.

WhiteOak Capital Mutual Fund has restricted investments into its Multicap Fund from October 4, making it the first scheme in this category to limit flows. The asset manager said the scheme with assets of Rs 489 crore, which was launched in September, will not accept lump sum investments but will continue to accept money through Systematic investment plan (SIP) or Systematic Transfer Plans (STPs). The move comes in the wake of the recent sharp rally in mid-cap and small-cap stocks, which many in the market believe is excessive. «WhiteOak Capital believes that funds that have a preponderance of narrow segments like mid- and small-cap should receive money in tranches gradually and not at any one point of time,» said Aashish Somaiyaa, chief executive officer, Whiteoak Capital Mutual Fund. «Whenever huge returns come from a narrow segment of the market, it is primed for a rotation away and in favour of some other segment of the market.»

“The Microcap and Small cap look risky and overheated at this point of time as the stocks have reflected a sharp rise in their prices during the past few months,” says Girirajan Murugan, CEO, FundsIndia. In an interview with ETMarkets, Murugan said: “The small cap and microcap stocks are more sensitive to macroeconomic changes that lead to more volatility in the short term” Edited excerpts: Nifty hit 20200 levels and then we saw some bit of healthy profit-taking amid muted global cues. What is your take on markets for the medium to long term? Our medium to long-term view remains bullish on the Indian stock market. We believe that the current correction in the Nifty of around 4% from the all-time high has offered a good opportunity to accumulate fundamentally strong stocks for the medium to long term at reasonable valuations.

Sensex and Nifty 50, ended sharply lower on Monday, snapping a two-day winning run, as the ongoing Israel-Palestine war spooked investors. The Nifty 50 fell 141 points to close at 19,512.35 and the Sensex ended 483 points lower at 65,512.39. Nifty 50 formed a small negative candle on the daily chart with upper shadow.

Nifty 50 closed at 19,512.35, down 141 points, or 0.72% and the Sensex ended the day with a loss of 483 points, or 0.73%, at 65,512.39. “In the near term, we expect markets to remain volatile amid geopolitical stress and inflationary pressure ahead of CPI data to be released by the US, Europe, and China later during the week," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Global markets today: Oil prices jump, investors shun stocks Here are key global cues from Sensex today: Asian markets traded higher on Tuesday following overnight gains on Wall Street.

Indices are expected to trade in a narrow range, and investors will await cues from the second quarter earnings of companies, which will kickstart on Wednesday with TCS. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 19 points, or 0.10 per cent, at 19619.50, signaling that Dalal Street was headed for positive start on Tuesday.

Buy or sell stocks for today: First a look at how equity indices fared on Monday - the Nifty 50 and the Sensex ended with significant losses as the ongoing Israel-Palestine war spooked investors. Nifty 50 finally closed at 19,512.35, down 141 points, or 0.72%. The Sensex ended the day with a loss of 483 points, or 0.73%, at 65,512.39.

MUMBAI, NEW DELHI : Investors offloaded shares Monday on concerns about the economic fallout from the Israel-Hamas conflict. Oil and gas prices soared amid apprehension that the conflict may spread throughout the wider West Asian region. The selling pressure, led by retail and foreign portfolio investors (FPIs), drove the India VIX volatility index to post the biggest rise in 10 months, indicating the nervousness in the market over the impact of the war on crude prices and the rupee.

₹6,049.97 crore and bought stocks for ₹5,052.21 crore, resulting in an outflow of ₹997.76 crore, according to NSE data. On Friday, FIIs offloaded Indian equities worth ₹90.29 crore. Domestic institutional investors (DIIs) bought equities worth ₹8,216.60 crore and offloaded shares worth ₹5,555.33 crore, resulting in an inflow of ₹2,661.27 crore, the exchange data showed.

The impact of the conflict in West Asia could well be felt in markets across the world. Dalal Street was no exception. In India, Nifty opened gap down and remained in negative territory throughout the session. It finally ended down 0.7%, around 19500 and the Sensex shut shop at 65,512, down nearly 500 points. The market saw heightened volatility and 27 of 30 index stocks on Sensex ended lower on Monday. All sectors ended in red with major selling seen in PSU Banks, metals and consumer durables. The Adani stock cracked even as the company issued statement highlighting the concerns and employee safety at the Haifa Port.

The NSE Nifty index closed 141.15 points down at 19512.35, while BSE Sensex ended down 483.24 points at 65512.39. On the other hand, Adani Ports & Special Economic Zone Ltd.(down 4.90 per cent), Hero MotoCorp Ltd.(down 2.73 per cent), HDFC Life Insurance Company Ltd.(down 2.50 per cent), Mahindra & Mahindra Ltd.(down 2.17 per cent) and Bharat Petroleum Corporation Ltd.(down 2.07 per cent) were among the top losers of the day.

Shares of TVS Motor Company Ltd.(up 1.41 per cent) ended the day as top gainers in the pack. On the other hand, Hero MotoCorp Ltd.(down 2.72 per cent), Sona BLW Precision Forgings Ltd.(down 2.46 per cent), Samvardhana Motherson International Ltd.(down 2.37 per cent), Mahindra & Mahindra Ltd.(down 2.17 per cent) and Tube Investments of India Ltd.(down 1.44 per cent) finished as the top losers of the day.

Nifty 50, Sensex decline on Israel-Hamas war: 5 factors that weigh on market sentiment On Monday, Nifty 50 opened at 19,539.45 against the previous close of 19,653.50 and fell 0.90 per cent to the day's low of 19,480.50 while the Sensex opened at 65,560.07 against the previous close of 65,995.63 and fell 0.85 per cent to the day's low of 65,434.61 in Monday's trade so far. Last week, the Nifty formed a small bullish candle with a lower shadow on the weekly chart, indicating buying near the 20-weekly simple moving average.

Catch Israel-Palestine War Live Updates here The fallout of Israel-Hamas war on the global economy may take time to become clear but would become more severe if the conflict spreads to the rest of the Middle East, especially Iran, which is both a major oil producer and supporter of Hamas. “It’s too early to say" what the implications may be, though oil and equity markets may see immediate fallout, Agustin Carstens, general manager of the Bank for International Settlements, said in a presentation to the National Association for Business Economics, Reuters reported.

rupee ended flat at 83.25 against the US dollar. The rupee hit a lifetime low of 83.29 in October 2022. Brent crude futures, the global oil benchmark, advanced 3.13% to $87.23 per barrel.

Nifty 50, Sensex decline on Israel-Hamas war: 5 factors that weigh on market sentiment In a released statement, the central bank also disclosed its commitment to providing liquidity through SWAP mechanisms, with an allocated amount of up to $15 billion. It emphasised ongoing vigilance, stating that it will monitor developments across all markets and employ available tools as deemed necessary. Prior to the announcement, the shekel had experienced a decline of over 2 percent, reaching a more than 7-1/2 year low of 3.92 per dollar, the report added.

₹192.25 on 29th September, however had corrected more than 5% during the previous week as it stood amongst the largest losers amongst Nifty stocks, following correction in crude prices. The global slow down concerns had weighed on the crude prices during the last week that had otherwise been rising on supply side concerns due to production cuts by Russia and Saudi Arabia. The Israel Palestine Crisis now however is leading to the expectations of rebound in crude prices and remains supportive for ONGC stock prices.

PI Industries Ltd. traded 0.66 per cent lower in Monday's session at 11:36AM (IST). The stock opened at Rs 3414.0 and has touched an intraday high and low of Rs 3414.0 and Rs 3367.55, respectively, during the session so far.