SENSEX Financial News

Also Read: Market Close: Sensex cracks over 800 points, Nifty 50 ends below 19,300; Top 10 updates to know Approximately 45 companies will release their September quarter results today. Investors are focused on major players like Tech Mahindra Ltd, Axis Bank Ltd, Jubilant Foodworks Ltd, Welspun India Ltd, Network18 Media & Investments Ltd, and Indus Towers Ltd.

Day trading guide for stock market today: Following weak global market cues, Dalal Street ended lower on fourth day in a row on Monday. Nifty 50 index ended 260 points lower at 19,281 levels, BSE Sensex shed 825 points and closed at 64,571 mark while Bank Nifty index lost 571 points and finished at 43,151 levels. Broad markets indices fell more than the Nifty even as the advance decline ratio fell sharply to 0.13:1, the lowest in 10 months.

Sensex slipped 825.74 points to end at 64,571.88, while the Nifty 50 plunged 260.90 points and closed at 19,281.75. Nifty 50 formed a long bear candle on the daily chart, which indicates sharp break down in the market. “Nifty has broken below the immediate supports of 19,480 and 19,330 levels in one session.

₹7.59 lakh crore on Monday as the equity market took a heavy drubbing amid escalating tensions in the Middle EastThe 10-year Treasury yield eased on Tuesday after hitting its highest level since 2007 a day before and was at 4.82%. Another drop in oil prices helped to ease the pressure on inflation.Oil steadied after falling more than 6% over the previous three sessions on signs the Israel-Hamas war will remain contained for the time being.Tata Consultancy Services (TCS) Ltd is revising the rates it pays to about 1,000 staffing firms for every engineer deployed, the first such revision by India’s largest information technology (IT) services company in the past six years.The Mumbai-based company communicated to the staffing firms last month that the new pricing structure for engineers, depending on the skill sets, will be effective from January, according to two executives privy to the development.“The vendor contracts get renewed every September/October and are valid for a year.

Sensex tanked 825.74 points, or 1.26%, to settle at 64,571.88, while the Nifty plunged 260.90 points, or 1.34%, to 19,281.75. Tensions over regional conflict in the Middle East, worries over more rate hikes by the US Federal Reserve for an extended period and mixed corporate earnings so far spooked markets. “We expect the market to remain volatile amid rise in global uncertainties while the stock specific action is likely to continue in the market amid a busy results season.

Buy or sell stocks for today: Following weak global market sentiments as 10-year yield on US Treasuries hit 5 per cent for the first time since 2007, Indian stock market ended lower for fourth straight session. Nifty 50 index ended 260 points lower at 19,281 levels, BSE Sensex shed 825 points and closed at 64,571 mark while Bank Nifty index lost 571 points and finished at 43,151 levels.

market indicator is suggesting that the rally in small-cap stocks since March might be nearing its end. The Sensex to BSE Small-cap index ratio has plunged to a 15-year low of 1.7, last seen at the peak of the rally in smaller shares in 2018.

Also Read: Nifty Smallcap index drops over 2% to 2-week low; NBCC, IRB lead the sell-off today Sensex closed at its lowest level in four months after breaching through 65,000. The Nifty 50 and the midcap index close at their lowest points in almost two months. The Nifty midcap 100 closed 2.88% lower, and the Nifty smallcap index lost 3.80%.

Indian stocks plummeted Monday late afternoon after a circumspect start to the week, with yields on 10-year US treasuries breaching the 5% threshold for the first time since the Global Financial Crisis and stoking concerns that the persistent rise in global risk-free rates will further elevate the risk premium on emerging market assets. Mid- and small-cap shares, falling in the higher risk-reward matrix, were hammered with more than 80% of the BSE-listed universe ending deep in the red. «The markets were awaiting a correction and the US bond yields touching 5% brought about that trigger,» said Nischal Maheshwari, CEO-Institutional Equities, Centrum Broking. US risk-free rates were last at this level in July 2007, before Lehman Brothers had collapsed and the subprime sinkhole had swallowed a loan market anchored in complex derivatives to trigger a prolonged phase of quantitative easing by global central banks. BSE's Sensex fell 825.74 points, or 1.26%, to close at 64,571.88.

Vijayadashami or the 10th day marks the end of the nine-day Navratri festival. According to the Hindu calendar, Dussehra is observed as the victory of Lord Ram over the evil king Ravana. On October 23, the equity benchmark indices ended in deep red, extending losses for the fourth-straight session, in response to heightened geopolitical tensions, mixed quarterly earnings and spike in US treasury yields.

MUMBAI : Indian stocks plunged on concerns over the impact of rising US bond yields, the widening Israel-Hamas conflict, and the pressure on profitability posed by potentially higher crude oil prices. The decline was fuelled by widespread selling by retail and affluent investors across small- and mid-cap stocks, which had previously outperformed their large-cap counterparts. The Nifty and Sensex fell by more than a percent each, breaching key supports, while the Nifty Midcap 150 and the Nifty Smallcap 250 indices slumped 2.7% and 3.79% each.

RBL Bank is the only stock that is under the F&O ban by the stock exchange for October 25. The NSE updates the list of securities in F&O ban for trade everyday. The derivative contract in the mentioned list has crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.

₹7,977.55 crore and bought stocks for ₹8,229.80 crore, resulting in an inflow of ₹252.25 crore, according to NSE data. Domestic institutional investors (DIIs) bought equities worth ₹8,022.52 crore and offloaded shares worth ₹6,910.68 crore, resulting in an inflow of ₹1,111.84 crore, the exchange data showed. The BSE 30-share Sensex shed 825.74 points, or 1.26%, to end at 64,571.88.

Dussehra. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed. The multi-commodity exchange will also be closed for the morning session but will open for trading in the evening session (5-11:30 p.m.).

AVADHSUGAR(up 0.95%) stood among the top gainers. Simbhaoli Sugars(down 11.30%), Sakthi Sugars(down 11.06%), Dhampur Sugar Mills(down 9.32%), Dwarikesh Sugar Industries(down 9.25%), Triveni Engineering & Industries(down 8.58%), BAJAJHIND(down 8.56%), K.M.Sugar Mills(down 8.14%), Shree Renuka Sugars(down 8.10%), Mawana Sugars(down 7.99%) and DCM Shriram Industries(down 7.73%) were among the top losers of the day.

The NSE Nifty index closed 260.9 points down at 19281.75, while BSE Sensex ended down 825.74 points at 64571.88. On the other hand, LTIMindtree Ltd.(down 3.96 per cent), Adani Enterprises Ltd.(down 3.56 per cent), Hindalco Industries Ltd.(down 3.19 per cent), Adani Ports & Special Economic Zone Ltd.(down 2.80 per cent) and UPL Ltd.(down 2.78 per cent) were among the top losers of the day.

rupee closed 13 paise higher at 83.12 against the US dollar. Analysts said hardening US bond yields amid a higher risk of broader conflict in the Middle East weighed on emerging currencies and riskier assets. The US 10 year Treasury yields hit 5% for the first time since 2007.

BSE surged over 13 percent to hit their all-time high after the exchange raised transaction charges for trades in the equity derivatives segment with effect from November 1, 2023. These changes will primarily be levied on S&P BSE Sensex Options, particularly the nearest or immediate expiry contracts. The new transaction fee structure is based on the incremental billable monthly turnover (premium value), informed the exchange.

Domestic benchmark index NSE Nifty ended 260.9 points down at 19281.75, while the BSE Sensex closed 825.74 points down at 64571.88. On the other hand, Macpower CNC Machine, Zodiac Energy, CreditAccess Grameen, BSE and Ipca Labs stocks hit their fresh 52-week highs today.

stood among the top gainers. Parag Milk(down 10.03%), Heritage Foods(down 8.21%), ADF Foods(down 7.53%), Mrs Bectors Food Specialities(down 7.17%), Prataap Snacks(down 5.23%), Sheetal Cool Products(down 5.22%), JHS Svendgaard Laboratories(down 4.97%), Tasty Bite Eatables(down 4.97%), Umang Dairies(down 4.48%) and Jyothy Labs(down 4.48%) were among the top losers of the day.

stock market continue to remain under the grip os bears for fourth straight session during Monday deals. Nifty 50 index opened lower at 19,521 and went on to hit intraday low of 19,404 during Monday deals, losing over 400 points in four straight sessions. BSE Sensex today opened at 65,419 levels and went on to hit intraday low of 65,022 levels, losing over 1400 points in last four sessions.