Stock Market Today: Sensex, Nifty End Volatile Session Lower As ICICI Bank Slips; FPIs Stay Net Sellers
Sensex closed 78.22 points, or 0.12% lower, at 65,945.47 while the NSE Nifty 50 was 9.85 points, or 0.05%, lower at 19,664.70.
KEY HIGHLIGHTS
Sensex, Nifty End Volatile Session Lower: Market Wrap
DP Singh Elevated To The Post Of Joint CEO Of SBI Mutual Fund
Sensex, Nifty Little Changed As HDFC Bank Leads, Kotak Mahindra Bank Drags: Midday Market Update
Maruti Suzuki Unlikely To Meet Its 'Aggressive' 10% Growth Target: HSBC
Nuvama Wealth Management Lists At Rs 2750 Apiece On NSE
FPIs Remain Net Sellers
Overseas investors remained net sellers of Indian equities on Tuesday for the sixth consecutive session.
Foreign portfolio investors offloaded stocks worth Rs 693 crore, according to provisional data from the National Stock Exchange.
Domestic institutional investors remained net buyers and mopped up equities worth Rs 715 crore, the NSE data showed.
Foreign institutions have been net buyers of Rs 1,22,571 crore worth of Indian equities so far in 2023, according to data from the National Securities Depository Ltd., updated till the previous trading day.
Yield On The 10-Year Bond Ends Flat
The yield on the 10-year bond closed flat at 7.14% on Tuesday.
Source: Bloomberg
Rupee Weakens Against The U.S. Dollar
The local currency weakened 9 paise to close at 83.24 against the U.S dollar on Tuesday.
It closed at 83.15 on Monday
Source: Bloomberg
Sensex, Nifty End Volatile Session Lower: Market Wrap
India's benchmark stock indices closed lower on Tuesday after opening marginally higher. Telecommunication and industrial sectors advanced, whereas shares of information & technology and bankex were under pressure.
The S&P BSE Sensex closed 78.22 points, or 0.12% lower, at 65,945.47 while the NSE Nifty 50 was 9.85 points, or 0.05%, lower at 19,664.70
HDFC Bank, bajaj Finance, L&T, Nestle India Ltd, and Tata Steel were the positively adding to the change in the Nifty 50 Index.
Whereas, ICICI Bank, Infosys, Kotak Mahindra Bank, Asian Paints, and IndusInd Bank were negatively adding to the change.
The broader market indices ended mixed, with the BSE Midcap closing 0.09% lower and the BSE Smallcap rising 0.37% Tuesday.
Fourteen out of the 20 sectors compiled by BSE Ltd. advanced, with BSE telecommunication gaining the most.
The market breadth was skewed in the favour of the buyers. About 1,863 stocks rose, 1,800 declined, and 130 remained unchanged on the BSE.
Rail Vikas Nigam Gets Order Worth Rs 311.17 Crore From Central Railway
Gets order worth Rs 311.17 crore from Central Railway for construction work.
Exchange Filing
