SENSEX Financial News

Jubilant Foodworks Ltd. gained 0.22 per cent to Rs 535.2 in Thursday's session as of 01:34PM (IST) even as the equity benchmark Sensex traded 582.01 points lower at 66218.83. Earlier in the day, the stock witnessed a gap down start to the session.

The correction which the nifty and sensex has been witnessing for the last seven weeks was finally felt by the large majority of stock last Tuesday. This week once again markets are in corrective moves and unlike in the past when mid and small caps were able to keep their head above water, even some part of the mid-cap markets have slipped sharply.

Tata Elxsi Ltd. dropped 0.68 per cent to Rs 7256.1 at 01:29PM (IST) in Thursday's trade.

Infosys to train 50k employees on Nvidia AI stack Infosys share price has significantly underperformed its sectoral index BSE IT and the benchmark Sensex in the last one year. While the BSE IT is up about 21 per cent in the last one year, Infosys share price is up only about 8 per cent. The Sensex has gained nearly 12 per cent in the same period.

Shree Cements Ltd. gained 1.06 per cent to Rs 26387.4 at 12:38PM (IST) in Thursday's trade.

Sensex lost 242 points on Monday, 796 points on Wednesday and over 600 points on Thursday, taking the total loss to 1532 points this week. The market was shut on Tuesday to mark Ganesh Chaturthi festival. In the meantime, the market capitalisation of all companies listed on BSE has also fallen to Rs 319.5 lakh crore, taking the total investor wealth erosion to Rs 3.9 lakh crore. Last night, the US Federal Reserve didn't opt for an interest rate hike but projected one more 25-basis-point rate hike this year and 50 bps of rate cuts in 2024, versus 100 bps of 2024 cuts in June projections. The markets are likely to remain under pressure till they adjust and digest the fact that interest rates are actually not going down in a hurry. «We believe that high-interest rates are not good for the markets.

Havells India Ltd. traded at Rs 1413.0 on BSE at 12:33PM (IST) on Thursday, 0.0 per cent from previous close. The stock quoted a 52-week low price of Rs 1092.0 and a high of Rs 1466.0. Earlier, shares of the company saw a gap down opening in the morning. A total of 4,115 lakh shares changed hands on the counter till 12:33PM (IST). The stock of Havells India Ltd.

Stock market today: Key benchmark indices extended its slide for third straight session during morning deals on Thursday. BSE Sensex today opened lower at 66,608 and went on to hit intraday low of 66,219 levels, logging near 0.87 per cent dip during Thursday deals.

Ashok Leyland Ltd. traded at Rs 180.45 on BSE at 11:41AM (IST) on Thursday, down 0.96 per cent from previous close. The scrip quoted a 52-week low price of Rs 133.1 and a high of Rs 191.45. Earlier, the stock saw a gap down opening in the morning. A total of 116,940 lakh shares changed hands on the counter till 11:41AM (IST). The stock of Ashok Leyland Ltd.

Colgate-Palmolive (India) Ltd. traded 0.04 per cent lower in Thursday's session at 11:47AM (IST).

US Federal Reserve left the benchmark interest rates unchanged and indicated it to remain higher for longer, Indian equity indices opened in the red for the third consecutive session on Thursday. The BSE Sensex was trading 309 points or 0.46% lower at 66,492.

US Federal Reserve officials indicated that interest rates were likely to remain higher for longer. The local currency opened at 83.09 as compared to previous close of 83.07. The US dollar index, which measures the currency against a basket of rivals, rose to a six-month high of 105.68.

Indian stock market indices, Sensex and Nifty 50, are likely to open lower Thursday following weak global cues. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading flat at around 19,846 level as compared to the Nifty futures’ previous close of 19,972.

Read More)The offer for sale (OFS) in SJVN is set to commence tomorrow for non-retail investors, while retail investors will have the opportunity to bid starting on Friday. The government is planning to divest 4.92% of its equity in SJVN, which includes a Green Shoe option of 2.46%. This divestment will involve the sale of a 4.92% stake in SJVN, with a floor price of ₹69 per share, over the course of a two-day offer for sale, as confirmed by an official source.

Buy or sell stocks for today: Following mixed global cues, Indian stock market ended lower for second straight session on Wednesday. Nifty 50 index went down 231 points and ended at 19,901 levels, BSE Sensex corrected 796 points and ended at 66,800 levels whereas Nifty Bank index nosedived 595 points and finished at 45,384 mark.

Indian stock market indices Sensex and Nifty50 are expected to open lower on Thursday tracking weakness in global peers. The Asian markets traded lower, while the US markets ended in the red after the US Federal Reserve Chair Jerome Powell announced a hawkish monetary policy. The US Fed kept the benchmark interest rates unchanged at a 22-year high of 5.25% to 5.5%, but said it will raise interest rates one more time this year.

NEW DELHI, MUMBAI : Indian benchmark indices saw their steepest single-day drop in two months, declining over 1% on Wednesday, dragged down by selling in HDFC Bank and other index heavyweights. Weakness in global markets, with crude oil prices nearing $100 a barrel, also made investors cautious ahead of the US Federal Reserve’s policy meeting. The Sensex closed 1.2% down at 66,800.84 and the Nifty by a similar margin to 19,901.4.

Indiabulls Housing Finance, Balrampur Chini Mills, Zee Entertainment Enterprises Ltd (ZEEL), BHEL, Delta Corp, Hindustan Copper, Manappuram Finance, and Punjab National Bank (PNB) are the nine stocks that are a part of the F&O ban list by the stock exchange for Thursday. The NSE updates the list of securities in F&O ban for trade everyday.

US Federal Reserve policy decision, as Sensex and Nifty extended losses for the second straight session. The domestic institutional investors (DIIs) also sold ₹573.02 crore in Indian stocks today.

Nifty settled with losses on Wednesday, September 20, extending the decline into the second consecutive session amid mixed global cues ahead of the US Fed policy outcome. US bond yields surging to 16-year high levels and fears of high crude oil prices fueling commodity inflation also hit the investor sentiment, according to analysts.

Domestic benchmark index NSE Nifty ended 231.9 points down at 19901.4, while the BSE Sensex closed 796.0 points down at 66800.84. On the other hand, Jindal Photo, HSIL, Blue Star, IFCI and Moksh Ornaments Ltd.