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Markets make U-turn. Sensex falls 137 point, Nifty below 15,800 Indian markets continue to witness selling pressure and close the week on a negative note |
- L&T Construction bagged order worth Rs. 1,000-2,500 cr for its water & effluent treatment biz
- DB Corp Q4 consolidated net profit down by 60.4% YoY to Rs. 24.5 cr
- Steel Strips Wheels Q4 net profit up by 9.6% YoY to Rs. 48.9 cr
- Escorts Q4 Net profit slipped by 25.5% YoY to Rs. 202.2 cr
For all the day's market news click here
Indian indices
Indian markets started day on a positive note on May 13, but erased all their gains in later half. Indices snapped early gains on late selling pressure in metals, telecom & banking stocks. The markets closed lower for the sixth straight day. The Sensex fell by 0.26% or 136.69 points to 52,793.62. The Nifty dipped by 0.16% or 25.85 points to 15,782.15.
On the sectoral front bank, metal and power indices ended 1-2% lower, while auto, FMCG, pharma indices rose 1-2%.
Indices performance for the day
| Indices | Closing | Chg (pts) | Chg (%) |
| BSE Sensex | 52,793.62 | -136.69 | -0.26 |
| NSE Nifty | 15,782.15 | -25.85 | -0.16 |
| BSE Midcap | 21,815.66 | 170.53 | 0.79 |
| BSE Smallcap | 25,315.75 | 320.24 | 1.28 |
Following are the stocks/sectors which were in news today:
- Honeywell Automation India tumbled by 7.97% to Rs. 34,245, after the company reported 30.1% fall in net profit to Rs. 72.67 crore in Q4 FY22.
- Matrimony.com surged by 15.39% to Rs. 769.25, after the company's board approved share buyback worth Rs 75 crore at price not exceeding Rs 1,150 per share.
- Patel Engineering hit 5% upper circuit to Rs. 22.05, after the company said it has bagged new order worth Rs. 2,461 crore from Chenab Valley Power Projects.
Market sentiment
| Market breadth (No of shares) | Volume (Rs in crore) | |||||
| BSE | NSE | BSE | NSE | |||
| Advance | 2166 | 1366 | Cash | 4,081.42 | 62,217.82 | |
| Decline | 1169 | 718 | F&O | - | 64,57,582.00 | |
Sectoral & stock screening
BSE Sensex A Group
| Top 5 Gainers | Closing Price | Chg (%) | Top 5 Losers | Closing Price | Chg (%) | |
| Black Box | 166.05 | 19.98 | Hatsun Agro Product | 855.90 | -13.51 | |
| Matrimony.com | 769.25 | 15.39 | TV Today Network | 278.65 | -12.43 | |
| Tata Elxsi | 7,890.20 | 14.57 | Adani Green Energy | 2,171.70 | -10.84 | |
| Poonawalla Fincorp | 247.50 | 14.32 | GNFC | 618.80 | -10.84 | |
| IFB Industries | 944.15 | 11.46 | HLE Glascoat | 3,620.90 | -9.07 |
To view all the key market data/statistics of the day click here
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Global signals Asian markets finished broadly higher with shares in Hong Kong leading the region. The Hang Seng is up 2.68% while Japan's Nikkei 225 is up 2.64% and China's Shanghai Composite is up 0.96%. European stocks advanced as global markets looked to regain some ground after a bruising week, with investors assessing the outlook for inflation and interest rates. In Europe, London's FTSE 100 index surged by 1.69%. Germany's DAX (DAX) rose by 1.39% and France's CAC 40 (CAC40) gained 1.66%. |
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