At 12.30 pm on Thursday, the core equity indices i.e., Sensex and Nifty 50 were seen extending losses and were trading at a discount of more than 2 per cent. The Sensex was at 56,554.22 down by 1303.93 points or 2.25 per cent, while Nifty was at 16,934.90 down by 343.05 points or 1.99 per cent from the last trading session. 

The Indian market experienced a bloodbath today on cues of the weak global market and the fear of increasing new cases of Omicron variant. The BSE Sensex fell by 2.62 per cent to a level of 57,491.51. Similarly, the BSE MidCap witnessed a fall of 952 points to a level of 23,998 points i.e. by 3.82 per cent. The BSE SmallCap index also had a freefall of 1,328 points and landed at 28,638 levels down by 4.43 per cent. 

At noon on Monday, the core equity indices i.e., Sensex and Nifty 50 were seen trading at a discount of more than 1 per cent at 58,249 and 17,350.55 levels, respectively.

To strengthen the presence in the country's new financial & technology gateway, Kotak Mahindra Bank Limited (KMBL) today announced that it has signed a Memorandum of Understanding (MoU) with GIFT SEZ Limited (GIFT SEZ), enabling both to work together towards greater enhancement of the financial services eco-system in GIFT IFSC for AIFs and Global Custody Services.

BSE Small-cap index held its ground, closing the volatile session at 30,565.63 with marginal gains of 14.48 points i.e. 0.05 per cent.  

BSE Small-cap index held its ground and outperformed broader markets by closing at 30,551.15, marginally up by 0.03 per cent. 

From its recent low, Nifty Smallcap 250 index is up by 13 per cent.

You must have heard of the proverb, ‘birds of a feather flock together’, similarly, all these companies from the metal sector have appeared in the T20 breakout system, which clearly indicates that this sector is likely to be in the limelight in the coming days. 

Activity in the F&O market for the weekly expiry on 20-Jan-2022, shows 17000 to act as support now.

Market is currently trading in favour of advances with the advance to decline ratio standing as 225:170.