Visit us on www.sharekhan.com  |  April 16, 2021  |  5:30 PM

Volatile markets end flat. Nifty above 14,600

Indian equities remained highly volatile throughout the day and close April 16, session in the green zone.


Major headlines

  • Quess Corp acquired remaining 30% stake in Conneqt Biz from Tata Sons for Rs. 208 crore.
  • NALCO gets mining lease of Utkal-E coal block.
  • RITES consortium emerged as lowest bidder for railway project in Bangladesh.

For all the day's market news click here

Indian indices

Indian stock markets erased most of their intraday gains and ended the session on a flat note on April 16 amid high volatility. The Sensex rose by 0.25% or 28.35 points to 48,832.03. The Nifty surged by 0.06% or 36.40 points to 14,617.85.


Indices performance for the day

Indices Closing Chg (pts) Chg (%)
BSE Sensex 48,832.03 28.35 0.06
NSE Nifty 14,617.85 36.40 0.25
BSE Midcap 20,157.36 233.78 1.17
BSE Smallcap 21,018.55 218.86 1.05

Following are the stocks/sectors which were in news today:

  • GTPL Hathway rose by 4.37% to Rs. 130.30, after the company reported a consolidated net profit of Rs. 56.89 crore in Q4 FY21 compared with net loss of Rs. 13.62 crore in Q4 FY20.
  • Cadila Healthcare surged by 4.56% to Rs. 527, on reports of company plan to launch COVID vaccine in June.
  • Wipro jumped by 8.87% to Rs. 469.25, on better-than-expected earnings and strong guidance, consolidated net profit rose by 27.78% YoY to Rs. 2,972 crore.

Market sentiment

Market breadth (No of shares)   Volume (Rs in crore)
  BSE NSE   BSE NSE
Advance 1663 1105 Cash 3,865.02 66,008.30
Decline 1239 768 F&O - 2,152,709.00

Sectoral & stock screening

BSE Sensex A Group

Top 5 Gainers Closing Price Chg (%)   Top 5 Losers Closing Price Chg (%)
DCM Shriram 659.00 17.90   Tinplate Company of India 169.95 -5.53
Hester Biosciences 2,349.45 16.71   Narayana Hrudayalaya 401.50 -5.16
Repco Home Finance 315.10 11.68   Yaari Digital Integrated Services 100.35 -4.70
Praj Industries 233.20 10.44   Prestige Estates Projects 294.20 -4.08
Astral Poly Technik 1,679.75 10.05   Responsives Industries 162.90 -3.98

To view all the key market data/statistics of the day click here

Global signals

Asian markets closed higher on April 16, as investors reacted to the release of Chinese economic data.

European markets were higher on April 16, after notching record highs the previous session, as global stocks take heart from strong US economic data and recovery prospects.

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