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Stock Market Today: Sensex, Nifty Marginally Lower As I.T., PSU Banks Offset Losses; FPIs Remain Net Sellers

Stock Market Today: Sensex, Nifty Marginally Lower As I.T., PSU Banks Offset Losses; FPIs Remain Net Sellers
Dalal Street. (Source: BQ Prime/ Photographer: Vijay Sartape.)
3 years ago
Live updates on India's equity markets on Jan. 16.

Delhivery Shares Gain The Most In Over A Month After Macquarie Initiates Coverage

The broader market indices were mixed; S&P BSE MidCap was down 0.09%, whereas S&P BSE SmallCap was higher at 0.12%.

Sixteen out of the 19 sectoral indices compiled by the BSE declined, while three advanced.

The market breadth was skewed in favour of the bulls. About 1,760 rose, 1,680 declined, 195 remained unchanged on the BSE.

  • Maruti Suzuki has hiked prices across models by an estimated weighted average of 1.1%.

  • The company said this is an indicative figure calculated using ex-showroom prices of models in Delhi and will come into effect from Jan. 16.

  • The automaker had intimated about the hike in December.

  • Source: Exchange filing

The broader market indices were trading higher; S&P BSE MidCap was up 0.36%, whereas S&P BSE SmallCap was higher at 0.27%.

Fourteen out of the 20 sectoral indices compiled by the BSE advanced, while four declined.

The market breadth was skewed in favour of the bulls. About 1,781 rose, 837 declined, 153 remained unchanged on the BSE.

The yield on the 10-year bond opened largely flat at 7.31% on Monday. It closed t 7.30% on Friday.

Source: Bloomberg

The local currency strengthens 8 paise to 81.26 at open on Monday. It closed at 81.34 on Friday.

Source: Bloomberg

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Former KKR, BII Managers Eye $250 Million India Technology Fund

FPIs Withdraw Rs 15,000 Crore From Equities In Two Weeks Of January

The Scary Side Of 'Super Quality Stocks' Is Now In The Spotlight

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IT Biggies Post 14-20% Topline Growth In Q3 As They Caution On Global Uncertainties

Nifty In Technical Charts: Can A Trend Emerge Now?

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