Mumbai | Jagran Business Desk: Despite the gains made in the opening session, the 30-share BSE Sensex slipped 76.71 points or 0.13 per cent on Friday to end at 57,200.23. Similarly, the Nifty ended at 17,101.95, plunging by 8.20 points or 0.048 per cent.
NTPC was the biggest gainer in the Sensex pack, rising by 3.81 per cent. On the other hand, Maruti Suzuki was the biggest loser as it declined by 3.05 per cent.
Updates from Jan 27:
Equity benchmark Sensex tumbled 581 points on Thursday, in tandem with a global selloff after the US Federal Reserve signalled policy tightening from March. The 30-share index ended 581.21 points or 1.00 per cent lower at 57,276.94. Similarly, the NSE Nifty plunged 167.80 points or 0.97 per cent to 17,110.15.
HCL Tech was the top loser in the Sensex pack, skidding over 4 per cent, followed by Tech Mahindra Dr Reddy's, Wipro, TCS, Titan and Infosys.
On the other hand, Axis Bank, SBI, Maruti and Kotak Bank were among the gainers.
Updates from Jan 25
Snapping its five-session losing streak, equity benchmark Sensex rebounded 367 points on Tuesday, boosted by strong gains in Maruti, Axis Bank and SBI amid a supportive trend in European equities.
The BSE gauge ended 366.64 points or 0.64 per cent higher at 57,858.15. Similarly, the NSE Nifty rose 128.85 points or 0.75 per cent to close at 17,277.95.
Maruti was the top gainer in the Sensex pack, rising around 7 per cent, followed by Axis Bank, SBI, IndusInd Bank, Bharti Airtel and NTPC.
On the other hand, Wipro, Bajaj Finserv, HDFC twins and RIL were among On the other hand, Wipro, Bajaj Finserv, HDFC twins and RIL were among the laggards.
Updates from Jan 24
The domestic benchmark indices on Monday slumped significantly due to a spike in COVID-19 cases in India and the tensions between the West and Russia over Ukraine. The 30-BSE Sensex plunged by 1,545.67 points or 2.62 per cent to close at 57,491.51. Similarly, the NSE Nifty dropped by 468.05 points or 2.66 per cent to end at 17,149.10.
Bajaj Finance was the top loser, shedding around 6 per cent, followed by Tata Steel, Bajaj Finance, Wipro, Tech Mahindra, Titan, Reliance Industries and HCL Tech.
Market experts have said that the rise in COVID-19 cases in India, driven by the Omicron variant, has sparked concerns among investors. Besides COVID-19, the tensions between Russia and Ukraine is also another reason why the stock market plunged significantly in the early morning trade on Monday.
"The advent of new Covid variants and the associated uncertainties has kept the markets and the economies globally on edge. We hope that the Union Budget could bring about some confidence and stability in current volatile markets," Axis Securities Managing Director (MD) B Gopkumar was quoted as saying by Financial Express.
"With state elections lined up in over five states in 2022, we believe that a focus on job creation and investment-driven growth would be paramount. We see that asset monetization and higher disinvestment will continue to fund the development projects," Gopkumar added.
Posted By: Aalok Sensharma