SENSEX Financial News

₹815.95 against the previous close of ₹828.05 and fell 5.45 per cent to the level of ₹782.90 on BSE. As Mint reported, Glenmark Pharmaceuticals announced on Thursday (September 21) that it would sell a 75 per cent stake in its subsidiary unit Glenmark Life Sciences, to Nirma for ₹615 per share for an aggregate consideration of ₹5.651.75 crore. The Mumbai-based drugmaker will continue to own a 7.84 per cent stake in Glenmark Life Sciences with the stake reduction.

₹625.10 against the previous close of ₹627.10 and slipped 2.3 per cent to the level of ₹612.75. On Thursday (September 21), the company said Nirma had agreed to buy a 75 per cent stake in it for ₹5,651.5 crore in a deal that values the company at ₹7,535.4 crore. Mint reported first on 15 August that the cement-to-detergent maker was the sole bidder for the stake put on the block by parent Glenmark Pharmaceuticals Ltd, which is selling shares to Nirma at ₹615 apiece.

rupee depreciated marginally to end 2 paise lower at 83.09. Indian government bonds will be included in the Government Bond Index-Emerging Markets index and the index suite, JPMorgan said on Friday.

Indian stock market indices are likely to open lower on Friday amid weak sentiment in the global peers. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading at around 19,714 level as compared to the Nifty futures’ previous close of 19,769.

Day trading guide for today: On account of strong US dollar putting global markets under selling pressure, Indian stock market ended lower for third straight session. Nifty 50 index lost 159 points and closed at 19,742 levels, BSE Sensex shed 570 points and ended at 66,230 levels whereas Bank Nifty index corrected 760 points and closed at 44,623 mark. In broad market, small-cap and mid-cap indices crashed almost one per cent.

Indian stock market indices are expected to open lower Friday tracking weakness in global peers amid worries over interest rates staying higher for longer that sent treasury yields soaring. Asian markets traded lower, while the US stock markets ended with steep losses overnight. The domestic benchmark equity indices witnessed an all-round selloff on Thursday with the Nifty 50 and Sensex ending in the negative territory for the third consecutive session.

Buy or sell stocks for today: Following weak global market cues on strong US dollar, Indian stock market ended lower on third day in a row. Nifty 50 index lost 159 points and closed at 19,742 levels, BSE Sensex shed 570 points and ended at 66,230 levels whereas Bank Nifty index corrected 760 points and closed at 44,623 mark. Broad market indices fell marginally more than the Nifty even as the advance decline ratio fell further to 0.46:1.

₹1,158.14 crore in Indian stocks today.Fed tone around maintaining the current interest rate spooked investors across the globe. Moreover, a report showed fewer U.S.

ICICI Bankshare price is likely to be in focus on Friday (September 22) as a day ago on September 21 it informed exchanges that it had entered into an agreement for the investment of about ₹5 crore in Quantum CorpHealth. The time period for the completion of the acquisition is by the end of October 2023 with a cash consideration of nearly ₹4,99,95,000 for 9.99 per cent shareholding of Quantum CorpHealth Private Limited.

MUMBAI : Indian stocks extended their decline to a third straight day, dropping nearly 1% following the US Federal Reserve’s hawkish stance on interest rates. The expectation of prolonged elevated rates in the US has deepened concerns about a global slowdown, making equity markets jittery worldwide. The National Stock Exchange’s benchmark Nifty index, which has lost 1.45% in the past two sessions, ended 0.8% lower at 19,742.35 on Thursday.

Energy Development Company(up 4.90%), Adani Power(up 3.81%), Jaiprakash Power Ventures(up 2.96%), ADANIGREEN(up 1.44%), KPI Green Energy(up 0.53%), KEC International(up 0.41%) and Hitachi Energy India(up 0.40%) stood among the top gainers. SJVN(down 13.09%), NHPC(down 5.68%), Transformers and Rectifiers(India)(down 5.67%), Alstom T&D India(down 4.98%), RTNPOWER(down 4.83%), PTC India(down 4.37%), Gujarat Industries Power(down 3.57%), JSW Energy(down 3.36%), NLC India(down 2.85%) and Tata Power Company(down 2.04%) were among the top losers of the day. The NSE Nifty50 index ended 159.05 points down at 19742.35, while the 30-share BSE Sensex closed down 570.6 points at 66230.24. Adani Ports & Special Economic Zone Ltd.(up 1.59%), Tech Mahindra Ltd.(up 1.35%), Dr.

Shares of Mahindra Lifespace Developers Ltd.(up 0.64 per cent) and Prestige Estates Projects Ltd.(up 0.36 per cent) ended the day as top gainers in the pack. On the other hand, Indiabulls Real Estate Ltd.(down 3.31 per cent), Sobha Ltd.(down 2.42 per cent), Godrej Properties Ltd.(down 2.19 per cent), Macrotech Developers Ltd.(down 1.53 per cent) and Brigade Enterprises Ltd.(down 1.33 per cent) finished as the top losers of the day. The Nifty Realty index closed 1.21 per cent down at 565.25. Benchmark NSE Nifty50 index ended down 159.05 points at 19742.35, while the BSE Sensex stood down 570.6 points at 66230.24. Among the 50 stocks in the Nifty index, 15 ended in the green, while 35 closed in the red. Shares of IOB, JP Power, YES Bank, Vodafone Idea and Suzlon Energy were among the most traded shares on the NSE. Shares of Jindal Photo, KSB, Dishman Carbogen, Nava Bharat Vent.

Benchmark NSE Nifty closed 159.05 points down at 19742.35 amid selling in frontline bluechip counters. However, stocks such as FutureLifestyleFash, Jiwanram Sheoduttrai, Pramara Promotions, Penta Gold and Vaxtex Cotfab, touched their fresh 52-week lows. Overall, 15 shares ended in the green in Nifty50 index, while 35 closed in the red. In the Nifty 50 index, Adani Ports SEZ, Tech Mahindra, Dr.

Madhav Marbles and Granites(up 5.77%), KIOCL(up 4.26%) and 20 Microns(up 1.09%) stood among the top gainers. Pokarna(down 4.39%), MOIL(down 3.07%), Ashapura Minechem(down 2.92%), NMDC Ltd(down 2.77%), Aro Granite Industries(down 2.51%), Gujarat Mineral Dvpt Corporation(down 1.60%), Coal India(down 1.35%), Oriental Trimex(down 0.68%), Orissa Minerals Development Company(down 0.45%) and Lexus Granito(down 0.27%) were among the top losers of the day. The NSE Nifty50 index ended 159.05 points down at 19742.35, while the 30-share BSE Sensex closed down 570.6 points at 66230.24. Adani Ports & Special Economic Zone Ltd.(up 1.59%), Tech Mahindra Ltd.(up 1.35%), Dr.

Shares of Bandhan Bank Ltd.(up 0.22 per cent) ended the day as top gainers in the pack. On the other hand, Bank of Baroda(down 2.95 per cent), ICICI Bank Ltd.(down 2.82 per cent), State Bank of India(down 2.15 per cent), IndusInd Bank Ltd.(down 2.02 per cent) and Punjab National Bank(down 1.89 per cent) finished as the top losers of the day. The Nifty Bank index closed 1.68 per cent down at 44623.85. Benchmark NSE Nifty50 index ended down 159.05 points at 19742.35, while the BSE Sensex stood down 570.6 points at 66230.24. Among the 50 stocks in the Nifty index, 15 ended in the green, while 35 closed in the red. Shares of IOB, JP Power, YES Bank, Vodafone Idea and Suzlon Energy were among the most traded shares on the NSE. Shares of Jindal Photo, KSB, Dishman Carbogen, Nava Bharat Vent.

Dodla Dairy(up 3.42%), Hindustan Foods(up 2.76%), Hatsun Agro Product Ltd(up 1.57%), Varun Beverages(up 1.09%), Britannia Industries(up 0.69%), Hindustan Unilever(up 0.26%), TATA CONSUMER PRODUCTS(up 0.15%) and Marico(up 0.03%) stood among the top gainers. Euro India Fresh Foods(down 3.86%), ADF Foods(down 3.58%), Emami(down 3.27%), Umang Dairies(down 2.37%), P & G Hygiene(down 1.91%), Mrs Bectors Food Specialities(down 1.86%), Parag Milk(down 1.62%), Gillette India(down 1.43%), Tasty Bite Eatables(down 1.25%) and Heritage Foods(down 1.13%) were among the top losers of the day. The NSE Nifty50 index ended 159.05 points down at 19742.35, while the 30-share BSE Sensex closed down 570.6 points at 66230.24. Adani Ports & Special Economic Zone Ltd.(up 1.59%), Tech Mahindra Ltd.(up 1.35%), Dr.

On the BSE, Ganga Pharmaceutical(down 20.00 per cent), Shiva Granito Export(down 18.42 per cent), Elixir Capital (down 14.74 per cent), SJVN(down 13.05 per cent) and Alacrity Sec(down 12.76 per cent) stood among the top losers in today's trade. In the Nifty pack, 15 stocks closed in the green, while 35 stocks ended in the red. The index closed 159.05 points down at 19742.35. On the BSE, Adcon Capital Servic(PP), Innovatus Entertain, FutureLifestyleFash, Padmanabh Alloys and Toyam Industries hit their fresh 52-week lows, while Jindal Photo, Jindal Capital, MPL Plastics, Tuticorin Alkali and KSB touched their fresh 52-week highs in today's trade.

rupee ended flat on Thursday as broad strength in the greenback was offset by exporter dollar sales and fears of potential central bank intervention to limit the downside, traders said. The rupee ended at 83.09 against the U.S. dollar, little changed from 83.0725 in the previous session. Asian currencies were mostly weaker, with the Korean won leading losses as dollar strength weighed on emerging market currencies. The dollar index rose to a six-month high in Asia and was last quoted at 105.54.

Kotak Mahindra Bank Ltd, Zomato, Paytm and other companies with significant investments from Canada Pension Plan Investment Board (CPPIB) declined as the fresh tensions between India-Canada relationship escalated. Canada Pension Plan Investment Board is the largest pension manager in Canada and has significant holdings in some of the Indian companies. CPPIB disclosed an investment of $21 billion ( ₹1.74 lakh crore) in India about a year ago.

Nifty 50 and Sensex end in the negative territory for the third consecutive session. Weak global cues continued weighing on domestic market sentiment. Major European markets, including France's CAC, Germany's DAX and the UK's FTSE fell up to a per cent ahead of the Bank of England interest rate decision.

global slowdown have also increased and expectations of interest-rate cuts have been deferred, weighing on markets. US bond yields, already at a 16-year high, strengthened further after the FOMC decision on interest rates. The 10-year US bond yield stood at close to 4.4% while two-year bond yields shot up 8.6 basis points to 5.18%.