SENSEX Financial News

Bandhan Bank Ltd. traded at Rs 251.95 on BSE at 01:49PM (IST) on Wednesday, down 0.78 per cent. The stock quoted a 52-week low price of Rs 182.2 and a high of Rs 275.7.

Tata Power Company Ltd. slipped 3.2 per cent to Rs 255.5 in Wednesday's trade as of 01:39PM (IST). It hit a high of Rs 263.25 and low of Rs 253.6 during the session.

Zee Entertainment Enterprises Ltd. traded 2.86 per cent down at Rs 255.85 on Wednesday at around 01:29PM (IST), while the benchmark BSE Sensex declined 584.94 points to 64927.16. As many as 126,021 shares changed hands on the counter with a total value of Rs 3.26 crore.

Indian Hotels Company Ltd. dropped 1.45 per cent to Rs 407.0 at 12:17PM (IST) in Wednesday's trade. The counter hit a high of Rs 414.95 and low of Rs 405.4 so far during the session.

₹14,768 crore in September and ₹2,868 crore in October so far. Also Read: Nifty 50, Sensex drop over half a percent each: Five key reasons for the market fall - explained (Exciting news! Mint is now on WhatsApp Channels.

MphasiS Ltd. traded at Rs 2400.45 on BSE at 10:10AM (IST) on Wednesday, up 0.87 per cent from previous close. The scrip quoted a 52-week low price of Rs 1660.65 and a high of Rs 2550.95.

On the BSE, Shashwat Furnishing(down 11.10 per cent), Naturo Indiabull(down 7.30 per cent), Inducto Steel(down 6.48 per cent), Alpine Housing(down 6.48 per cent) and MAC Hotels(down 6.42 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 9 stocks traded in the green, while 41 stocks traded in the red.

Natco Pharma Ltd.(up 0.66 per cent), Dr. Reddy's Laboratories Ltd.(up 0.55 per cent), Granules India Ltd.(up 0.54 per cent) and Pfizer Ltd.(up 0.41 per cent) were among the top gainers.

The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 19600 levels on Tuesday. India VIX was up by 2.95% from 11.50 to 11.78 levels in the previous trading session. Volatility was slightly on the rise and made the market move in a choppy manner with the absence of strength to the bulls. On the weekly options front, the maximum Call OI is placed at 19700 and then towards 19600 strikes while the maximum Put OI is placed at 19500 and then towards 19400 strikes. Call writing is seen at 19600 and then towards 19700 strikes while Put writing is seen at 19500 and then towards 19400 strikes. “Options data suggests a broader trading range in between 19200 to 20000 zones while an immediate trading range in between 19400 to 19700 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a Bearish candle on the daily scale on Tuesday and has been forming lower highs from the last two sessions.

Day trading guide for today: On account of weak global cues, Indian stock market finished lower on Tuesday. Nifty 50 index lost 109 points and closed at 19,528 levels, BSE Sensex shed 316 points and ended at 65,512 mark whereas Bank Nifty index finished 185 points lower at 44,399 levels. In broad market, small-cap index surged 0.61 per cent while mid-cap index managed to end marginally higher on the previous session.

Sensex declined 316 points to settle at 65,512, while the Nifty fell 109 points to end at 19,528. Stocks that were in focus included names like Eicher Motors, which fell 2.68%, Network 18, which rose 8.07%, and Escorts, whose shares declined 1.73% on Tuesday. Here's what Viral Chheda, Sr Technical Analyst at SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today. Eicher Motors — Sell From the lows of 3125, the stock has witnessed a Bull Run to make the high of 3539 odd levels. Higher Top Higher Bottom pattern was seen as Bulls were having upper hand on price.

₹2,034.14 crore of equities in the Indian share market on Tuesday. The DIIs turned into net buyers by investing ₹1,361.02 crore.The 10-year Treasury yield climbed again Tuesday, up to 4.79% from 4.69% late Monday and from just 0.50% early in the pandemic.

Buy or sell stocks for today: Following weak global market cues, Indian stock market ended lower on Tuesday. Nifty 50 index lost 109 points and closed at 19,528 levels, BSE Sensex shed 316 points and ended at 65,512 mark whereas Bank Nifty index finished 185 points lower at 44,399 levels.

Sensex declined 316 points to end at 65,512, while the Nifty 50 fell 110 points to 19,529 on October 3. Nifty 50 formed a small negative candle on the daily chart, post small upside bounce. “Technically, this pattern reflects lack of strength in the market to sustain the highs.

Sensex declined 316 points to end at 65,512, while the Nifty 50 fell 110 points to 19,529 on Tuesday. “Given the global concerns of more US rate hikes along with 16-year high US 10-year bond yield and 7-month high Dollar Index, the sentiments remain dented and thus is resulting in profit booking. In the near term, we expect this weakness to persist with stock-specific action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Sakthi Sugars(up 0.46%) stood among the top gainers. DCM Shriram Industries(down 4.60%), MAGADHSUGAR(down 3.11%), Dalmia Bharat Sugar & Industries(down 2.73%), Simbhaoli Sugars(down 2.73%), Bannari Amman Sugars(down 2.49%), Dwarikesh Sugar Industries(down 2.20%), BAJAJHIND(down 2.10%), Mawana Sugars(down 1.93%), Vishwaraj Sugar Industries(down 1.90%) and Ponni Sugars(Erode)(down 1.89%) were among the top losers of the day.

Umang Dairies(up 5.49%), Bajaj Consumer(up 3.15%), Marico(up 2.50%), Jyothy Labs(up 2.26%), Hindustan Foods(up 1.80%), Vadilal Industries(up 1.07%), ADF Foods(up 0.98%), Parag Milk(up 0.86%), Bikaji Foods International(up 0.59%) and Zydus Wellness(up 0.44%) stood among the top gainers. JHS Svendgaard Laboratories(down 7.49%), Varun Beverages(down 1.84%), Dodla Dairy(down 1.76%), Sheetal Cool Products(down 1.76%), Hatsun Agro Product Ltd(down 1.36%), Colgate Palmolive(India)(down 1.35%), Adani Wilmar(down 1.19%), P & G Hygiene(down 0.92%), Britannia Industries(down 0.92%) and Nestle India(down 0.85%) were among the top losers of the day.

Agro Phos(up 6.39%), ZUARIAGRO(up 1.38%), Mangalore Chemicals & Fertilizers(up 0.89%), Deepak Fertilizers & Petrochemicals(up 0.61%), Paradeep Phosphates(up 0.49%) and Coromandel International(up 0.01%) stood among the top gainers. Aries Agro(down 1.67%), Sikko Industries(down 1.60%), National Fertilizer(down 1.58%), KRISHANA(down 1.37%), Madras Fertlizers(down 1.30%), Fertilizers & Chemicals Tranvancore(down 1.17%), Nagarjuna Fertilizers & Chem(down 1.17%), Rama Phosphates(down 1.01%), Rashtriya Chemicals & Fertilizers(down 0.91%) and Khaitan Chemicals & Fertilizers(down 0.84%) were among the top losers of the day.

Benchmark NSE Nifty closed 109.55 points down at 19528.75 amid selling in frontline bluechip counters. However, stocks such as ideaForge Technology, FutureLifestyleFash, Ratnaveer Precision, PowerGrid Infa InvIT and Adani Gas, touched their fresh 52-week lows.

On the BSE, Shreeshay Engineers(down 10.53 per cent), Saianand Commercial(down 10.53 per cent), Shoora Designs(down 9.39 per cent), Containe Technologie(down 8.54 per cent) and KPT Industries(down 8.34 per cent) stood among the top losers in today's trade. In the Nifty pack, 13 stocks closed in the green, while 37 stocks ended in the red.

With just a 1.7% gain during the last three months, the benchmark BSE Sensex has just returned its worst September-ended quarter in four years. This was also true for the BSE500, BSE AllCap and the BSE LargeCap indices, even as the mid-cap and small-cap indices remained unscathed. The Sensex had surged 8.3% during the September quarter last year, and nearly 13% in 2021.