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Indian equities snap three days of gains Nifty below 18,300, Sensex falls 208 pts |
- Oberoi Realty has entered into an MoU with NRB Bearings for acquiring ~6.4 acres located at Pokhran Road 2, Thane.
- M&M is expected to sell its 3.2% stake in Mahindra CIE through block deal soon at a discount of 5-6% of CMP. With this, M&M would completely exit from Mahindra CIE. M&M's exit from the company would not have any impact on M&M’s fundamentals
- Polyplex Corporation has entered into a binding agreement with certain members of the promoter group and AGP Holdco Limited (investor) under which promoter group members have agreed to sell 24.3% equity share capital at a consideration of Rs. 1,379 crore
For all the day's market news click here
Indian indices
Benchmark indices ended in the red in a volatile session. Among the losers on the Nifty included Adani Enterprises, Adani Ports, Tata Motors, HDFC Bank and ICICI Bank. Gainers included Sun Pharma, Dr Reddy's Laboratories, ITC, IndusInd Bank and Hero MotoCorp.
Among sectoral indices, the metals index shed 1%, while the pharma index added 1%. BSE midcap and smallcap indices ended on a flat note.
Indices performance for the day
| Indices | Closing | Chg (pts) | Chg (%) |
| BSE Sensex | 61,773.78 | -208.01 | -0.34 |
| NSE Nifty | 18,285.40 | -62.60 | -0.34 |
| BSE Midcap | 26,488.42 | 34.14 | 0.13 |
| BSE Smallcap | 29,951.82 | 48.67 | 0.16 |
Following are the stocks/sectors which were in news today:
- Sudarshan Chemical soars 14% on strong sequential growth in Q4FY23 numbers
- Galaxy Surfactants slips 3% after Q4 PAT declines
- Orient Bell shares fell 7% after net profit fell by ~62% in Q4
Market sentiment
| Market breadth (No of shares) | Volume (Rs in crore) | |||||
| BSE | NSE | BSE | NSE | |||
| Advance | 1614 | 1080 | Cash | 4,095.52 | 60,025.03 | |
| Decline | 1863 | 1192 | F&O | - | 2,25,37,773.60 | |
Sectoral & stock screening
BSE Sensex A Group
| Top 5 Gainers | Closing Price | Chg (%) | Top 5 Losers | Closing Price | Chg (%) | |
| SCHNEIDER | 214.55 | 13.46 | DCAL | 114.10 | -12.60 | |
| SUDARSCHEM | 439.00 | 11.82 | POLYPLEX | 1,394.70 | -8.18 | |
| OPTIEMUS | 217.25 | 10.70 | RPOWER | 12.10 | -6.64 | |
| DEEPAKNI | 2,136.40 | 9.58 | ADANIENT | 2,476.90 | -5.90 | |
| IBREALEST | 62.87 | 8.81 | GRMOVER | 176.70 | -5.76 |
To view all the key market data/statistics of the day click here
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Global signals Asian markets finished broadly lower with the Hang Seng falling 1.62% while the Shanghai Composite is off 1.28% and Japan's Nikkei 225 falling by 0.89%. European markets too are trading the red with the CAC 40 off the most. It is down 1.78% while London's FTSE 100 is off 1.72% and Germany's DAX is lower by 1.63%. |
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