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Sensex, Nifty End First Day Of Truncated Week With Losses

Sensex, Nifty End First Day Of Truncated Week With Losses
An employee walks past electronic ticker boards that indicate the latest stock figures inside the atrium at the National Stock Exchange (NSE) in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)
6 years ago
Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex Nifty today.

  • Nifty ends 1.3 percent lower at 8,993
  • Nifty Bank ends 2.1 percent lower at 19,488
  • Sensex ends 1.5 percent lower at 30,690
  • Nifty Midcap Index ends 1.4 percent lower
  • Nifty Smallcap Index ends 0.5 percent lower
  • India Volatility Index ends 3.3 percent higher at 51.41
  • Nifty Pharma (Up 2.8 percent) and Nifty Metal (Up 2 percent) are the only sectoral gainers
  • Nifty Realty falls 4.9 percent, ends as top sectoral laggard
  • Larsen & Toubro ends as the top Nifty gainer; up 6.3 percent
  • Bajaj Finance ends as the top Nifty laggard; down 10.3 percent
  • 952 stocks ended the day with gains while 854 reported losses

Indian equity markets ended a volatile trading session with cuts of over 1 percent, led predominantly by Private Banks and Reliance Industries.

The S&P BSE Sensex ended 1.5 percent lower at 36,090 while the Nifty 50 index fell 1.3 percent to end at 8,993. Bajaj Finance was the top loser on the index, ending with losses of 10.3 percent.

Among sectoral indices, Nifty Pharma (Up 2.8 percent) and Nifty Metal (Up 2 percent) ended with gains. Nifty Realty remained the top sectoral loser, ending with losses of 4.9 percent.

952 stocks ended the day with gains while 854 wound up trade with losses to their name.

Indian equity markets will be shut tomorrow on account of a public holiday.

The company has informed the stock exchanges that it has resumed manufacturing operations at its plants in Ahmedabad and Trichy on a staggered basis after obtaining permission from local authorities.

The stock gained as much as 18.1 percent to Rs 1,489 and currently trades with gains of 12.4 percent. This is the biggest one-day gain for the stock since November 2006.

The stock is up for the third day in a row today.

Active Stock Futures

  • Larsen & Toubro's 900 Call: Premium rises 86 percent to Rs 30. The contract has added 1.76 lakh shares in open interest.
  • Reliance Industries' 1,300 Call: Premium falls 27 percent to Rs 26.25. The contract has added 76,500 shares in open interest.
  • Sun Pharma's 500 Call: Premium rises 24 percent to Rs 21. The contract has added 3.51 lakh shares in open interest.

  • Buy Bandhan Bank at Rs 187 for target of Rs 197 and stop loss of Rs 182
  • Buy Ramco Cement at Rs 508 for target of Rs 520 and stop loss of Rs 502

The lock-in period for SBI Cards and Payment Services Ltd. ended today. 36.7 million shares were allotted to 75 anchor investors at Rs 755 per share.

The stock currently trades at a 30 percent discount to its issue price. The volumes on the stock today are the second highest since listing.

The stock has fallen as much as 15 percent today, the most since listing.

  • Buy Hindustan Unilever for target of Rs 2,550 and stop loss of Rs 2,200
  • Sell Tech Mahindra around Rs 535 for target of Rs 515 and stop loss of Rs 545

  • Benchmark indices remain volatile
  • Nifty down 1.8 percent at 8,952
  • Nifty Bank down 2.8 percent at 19,354
  • Sensex down 1.9 percent at 30,557
  • Nifty Midcap Index down 1.7 percent
  • Nifty Smallcap Index down 0.8 percent
  • India Volatility Index up 4 percent to 51.7
  • Barring Pharma and Metal index, all sectoral indices trade with losses
  • Nifty Pharma off day's high; now up 2.8 percent
  • Nifty Realty remains top sectoral loser, down 5.5 percent
  • Bharti Airtel is the top Nifty gainer, up 5.1 percent
  • Zee Entertainment remains top Nifty loser, down 10.4 percent
  • 868 stocks are advancing while 901 are trading with losses

Yield on the benchmark 10-year bond also ended flat at 6.49 compared to Thursday's close of 6.48.

The stock has snapped a three-day gaining streak, during which it gained over 25 percent.

  • Worst performer on the BSE 500 index
  • Falls as much as 12.8 percent to Rs 483.30
  • Biggest one-day fall in a month
  • Trades at the lowest level since November 22, 2017
  • Declines on high volumes
  • Volumes are 2.1 times its 30-day average
  • All 20 analysts tracking the stock have a buy recommendation
  • Return potential of the stock as per Bloomberg consensus is 88.6 percent
  • Down over 50 percent from 51-week high of Rs 979 on February 25, 2020

  • Gained as much as 6.5 percent to Rs 355.5
  • Trades at a 52-week high
  • Trades at the highest level since September 2018
  • Up for the sixth straight session
  • Longest winning streak since December 2017
  • Up 28 percent in the last six sessions
  • Best six-day returns since July 2017
  • Today's volumes are 3 times higher than its 30-day average
  • Up 68 percent from its 52-week low of Rs 211 in August 2019
  • 16 out of the 24 analysts tracking the stock have a buy recommendation, 5 have a sell call
  • The stock currently trades 9.4 percent higher than its 12-month Bloomberg consensus price target of Rs 314

In Charts: The Emerging Economic Impact Of A Nationwide Lockdown

Shares are up 4.3 percent to Rs 260 after gaining as much as 14.4 percent.

  • Benchmark indices off day's low
  • Nifty down 0.6 percent at 9,056
  • Sensex down 0.7 percent at 30,928
  • Nifty Bank down 1.1 percent at 19,700
  • Nifty Midcap index down 0.8 percent
  • Nifty Smallcap index down 0.2 percent
  • India Volatility Index up 3.75 percent to 51.61
  • All sectoral indices barring Nifty Pharma (Up 4.1 percent) and Nifty Metal (Up 0.8 percent) trade with losses
  • Nifty Auto index down 2 percent while Media and Realty index fall 4 percent
  • Dr Reddy's remains the top Nifty gainer; up 5.7 percent
  • Zee Entertainment remains the top Nifty laggard; down 11.5 percent
  • 882 stocks are advancing while 851 trade with losses

Shares are up for the fifth straight day today, rising close to 50 percent during this period.

Shares gained as much as 7.4 percent to Rs 848.80 on the National Stock Exchange but are off the day's high. The stock has gained for 7 out of the last 8 trading sessions.

Shares are up for the sixth day in a row, its longest streak since January 2020. The stock has surged close to 20 percent in the last six sessions.

Shares gained as much as 4.8 percent to Rs 851.70 and are the second best performer on the Nifty 50 index.

Shares currently trade 6.8 percent lower at Rs 179.15, after falling as much as 10 percent and are the worst performer on the Nifty Bank index.

Sanctum Wealth's Ashish Chaturmohta had a buy recommendation on the stock this morning on BloombergQuint. He had a price target of Rs 3,900 with a stop loss of Rs 3,500.

Nifty Bank: April 16 Expiry

  • 18,000 Put: Premium falls 20.2 percent to Rs 175.65. The contract has added 1.37 lakh shares in open interest.
  • 20,000 Call: Premium falls 50.4 percent to Rs 293.85. The contract has added 1.77 lakh shares in open interest.
  • 21,000 Call: Premium falls 63.5 percent to Rs 88.05. The contract has added 1.47 lakh shares in open interest.

  • Benchmark indices extend losses from opening levels
  • Nifty down 1.6 percent at 8,963
  • Nifty futures trade at a discount of 9 points
  • Sensex down 1.6 percent to 30,649
  • Nifty Bank down 2.3 percent to 19,452
  • Nifty Midcap Index down 2 percent
  • Nifty Smallcap Index down 2.3 percent
  • India Volatility Index up 4.2 percent to 51.85
  • Barring Nifty Pharma, all sectoral indices trade with losses
  • Nifty Pharma trades with gains of 3 percent
  • Nifty Realty Index down 6 percent while Media and Auto index down 4 percent each
  • Dr Reddy's is the top gainer on the Nifty 50 index; up 4 percent
  • Zee Entertainment remains the top loser on the Nifty 50 index, down 13 percent
  • 626 stocks are advancing while 1,035 trade with losses.

The stock is among the worst performers on the Nifty 50 index, contributing 14 points to its downside.

The company also expects a single-digit decline in rupee terms for its international business.

China’s Central Bank Hikes Stake In HDFC To More Than 1%

Shares have snapped a four-day gaining streak in today's session.

Market breadth remains in favour of gainers. 991 stocks have opened with gains while 502 stocks are declining.

Coronavirus Updates: Total Cases In India Rise To 9,152; Death Toll At 308

  • Buy HPCL for target of Rs 224 and stop loss of Rs 195
  • Buy Petronet LNG for target of Rs 240 and stop loss of Rs 215

  • Buy Dr Reddy's for target of Rs 3,900 and stop loss of Rs 3,500
  • Buy ICICI Bank for target of Rs 368 and stop loss of Rs 330
  • Buy Alembic for target of Rs 730 and stop loss of Rs 620

Covid-19 Pandemic: India Considers Opening Some Industries Amid Lockdown

Find out all that you need to know going into today’s trading session here.

  • Benchmarks end truncated trading week on a high as investors look past high jobless numbers
  • S&P 500 gained for the third time in four sessions, posting a weekly rise of 12 percent, the best since 1974.
  • The U.S. Federal Reserve announced another $2.3 trillion in additional aid, reiterating that it was committed to using all its powers to help the economy recover.
  • The Dow Jones ended 1.2 percent higher on Thursday at its highest in nearly a month
  • The Bloomberg Dollar spot index fell 0.8 percent while yield on the 10-year treasury fell five basis points to 0.72 percent.

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