Visit us on www.sharekhan.com  |  September 30, 2022
sensex_intraday

Sensex gains 1,017 pts, Nifty ends at 17,094 post RBI policy

Indian stock markets start October series on a strong note


Major headlines

  • RBI raised the policy repo rate by 50 bps to 5.9% in its monetary policy review
  • RateGain secured order from Akasa Air to make travel affordable with dynamic pricing
  • Bajaj Electricals bagged order worth Rs. 332.6 cr from Power Grid

For all the day's market news click here

Indian indices

Indian stock markets closed their last day of the week on a strong note on September 30, after Reserve Bank of India (RBI) announced repo rate hike by 50 bps. The benchmark indices snapped their seven-day losing streak. All the sectoral indices ended in the green with auto, power, capital goods, bank, realty and metal up 1-2%. The Sensex rose by 1.80% or 1,016.96. The Nifty surged by 1.64% or 276.25 points to 17,094.35.

Rupee posted biggest single-day gain in a month, appreciates 49 paise vs $. Rupee ended at 81.34/$ vs September 29 close of 81.86/$.


Indices performance for the day

Indices Closing Chg (pts) Chg (%)
BSE Sensex 57,426.92 1016.96 1.80
NSE Nifty 17,094.35 276.25 1.64
BSE Midcap 24,853.94 340.97 1.39
BSE Smallcap 28,452.91 405.80 1.45

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

  • Heritage Foods surged by 7.96% to Rs. 335.80, after the company's board approved rights issue of equity shares in the ratio of 1:1.
  • Rail Vikas Nigam (RVNL) rose by 2.28% to Rs. 33.70, after the company said it bagged a contract for construction of 4 lane highway in Andhra Pradesh.
  • Lupin advanced by 3.91% to Rs. 679.60, after the drug maker said that it has received ANDA approval for its Mirabegron extended-release tablet from the US Food and Drug Administration (USFDA).

Market sentiment

Market breadth (No of shares)   Volume (Rs in crore)
  BSE NSE   BSE NSE
Advance 2335 1586 Cash 3,778.75 58,303.78
Decline 1107 608 F&O - 94,95,365.00

Sectoral & stock screening

Post_sectoral

BSE Sensex A Group

Top 5 Gainers Closing Price Chg (%)   Top 5 Losers Closing Price Chg (%)
Adani Green Energy 2,259.55 12.72   Gujarat Pipavav Port 87.20 -5.47
India Cements 269.00 9.51   SPARC 219.70 -5.12
Heritage Foods 335.80 7.96   Mahanagar Gas 833.95 -4.52
Strides Pharma Science 332.70 7.79   Adani Transmission 3,290.70 -4.52
Indiabulls Real Estate 77.80 7.68   Varroc Engineering 329.40 -3.00

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

Post_Int_Ind

Global signals

Asian markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.33%, while the Nikkei 225 led the Shanghai Composite lower. They fell 1.83% and 0.55% respectively.

European markets were higher with shares in Germany leading the region. The DAX is up 0.94% while France's CAC 40 is up 1.01% and London's FTSE 100 is up 0.62%.

For Private Circulation only

Sharekhan app

Mail: myaccount@sharekhan.com | SMS: <HELP> to 08826227500

Registered office: Sharekhan Limited, The Ruby, 18th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai – 400 028, Maharashtra, INDIA, Tel: 022 – 67502000 / Fax – 022-24327343. Sharekhan Ltd.: SEBI Regn. Nos.: BSE / NSE / MSEI (CASH / F&O / CD) / MCX - Commodity: INZ000171337; DP: NSDL/CDSL-IN-DP-365-2018; PMS: INP000005786; Mutual Fund: ARN 20669; Research Analyst: INH000006183; Compliance Officer: Ms. Binkle Oza; Tel: 022-61150000; email id: compliance@sharekhan.com; For any queries or grievances kindly email igc@sharekhan.com or contact: myaccount@sharekhan.com

Disclaimer: Client should read the Risk Disclosure Document issued by SEBI & relevant exchanges and the T&C on www.sharekhan.com; Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed research disclaimer Read more.

Join us on