Nifty closes below 17,000 level; Sensex tanks 400 points, realty and metals drag the market
Nifty closes below 17,000 level; Sensex tanks 400 points, realty and metals drag the market
Cipla, Kotak Mahindra Bank and Infosys were the top gainers amongst the Nifty 50 stocks
In a volatile end to the session, NSE Nifty 50 index slipped three quarters of a per cent to close below key support level of 17,000 level. S&P BSE Sensex tanked 398.10 points while Nifty Midcap and Nifty Smallcap plunged 1.17 per cent and 1.67 per cent respectively.
From Rs 33 to Rs 394: This low PE Smallcap stock became multibagger in just 3 years!
The company reported a jump of 85 per cent in net profit to Rs 53.09 crore for Q3FY23 with improvement in margins.
The stock has been a proven multibagger, having soared over 10 times since March 2020 low of Rs 33 to Rs 394 level in March 2023.
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Listed in April 2022 at around Rs 220 a piece, the stock has proved to be a multibagger in less than one year.
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The stock has been a proven multibagger, having generated over 1,200 per cent returns in just 3 years!
The midcap IT stock with the market capitalisation of about Rs 23,800 crore is the top performer on the bourses today.
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The stock has been a proven multibagger, having generated over 750 per cent returns to its investors in just 3 years.
On Monday, the domestic markets witnessed sharp sell-off amidst rising Covid cases in India, along with other factors like SVB crisis, Adani fraud allegations, fear of aggressive rate hikes and continuous FII selling.
Nifty closes at 17,400 level; Sensex tanks nearly 700 points as banks and realty plunge
Tata Motors, NTPC and Maruti Suzuki emerged as the top gainers from the Nifty 50 stocks
In a volatile end to the Friday’s session, Nifty finally closed at 17,400 levels, down by 1 per cent. S&P BSE Sensex lost 671 points while Nifty Midcap and Nifty Smallcap plunged 0.75 per cent and 0.89 per cent respectively.
Nifty closes below 17,600 level; Sensex tanks over 500 points as auto and PSU Banks plunge
Auto, PSU Bank, Realty, FMCG and IT indices lost over a per cent and were the primary contributors towards the fall.
It was a disappointing day as the benchmark indices showed no sign of recovery whatsoever. NSE Nifty 50 index closed at day’s low below 17,600 level. It slipped 0.93 per cent while S&P BSE Sensex tanked 541 points.
Strong rally from auto and energy stocks pushes Nifty above 17,750 level; Adani stocks jump amid strong buying interest
IndusInd Bank, Adani Enterprises, Adani Ports emerged as the top gainers amongst Nifty 50 stocks
Indices saw a strong short covering rally towards the end as Nifty surged quarter per cent to close above 17,750 levels while S&P BSE Sensex gained 123.63 points. Nifty jumped about 50 points in the last half hour of the session.
Nifty closes above 17,700 level; IT and auto rally, realty slips
IT and auto were the top performers amongst the sectors while realty and PSU Banks dragged the markets.
Indices witnessed slight correction in the last hour of the session after rallying over a per cent. NSE Nifty settleed above 17,700 level and surged 0.67 per cent while S&P BSE Sensex jumped 415 points.
Nifty closes at 17,600 level; All sectors end in green, Nifty PSU Bank surges over 5 per cent!
Adani Enterprises, Adani Ports and Reliance Industries were the top gainers from the Nifty 50 stocks
Indices trade higher throughout the day and closed on a higher note as strong buying across the broader market lifted investors’ sentiment. NSE Nifty 50 index surged 1.57 per cent to close at 17,600 level while S&P BSE Sensex soared 861 points.
Indices close at day’s low; Nifty slips below 17,400 level as IT and auto tumble
Nifty realty emerged as the sole performer amongst the sectoral indices
Indices closed at day’s low in a volatile weekly expiry. NSE Nifty 50 index slipped 0.74 per cent to close below 17,400 level while S&P BSE Sensex lost 500 points.
Nifty snaps 8-day losing streak, closes above 17,400 level; all sectors end in green
Adani Enterprises, Hindalco Industries and UPL emerged as the top gainers from the Nifty 50 stocks
Nifty finally snapped its 8-day losing streak with sharp recovery from 17,300 levels and managed to close above its 200-DMA. The benchmark index rose 0.85 per cent to close above 17,400 level while S&P BSE Sensex jumped 448.96 points.