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Stock Market Today: Sensex, Nifty Snap Three-Day Gaining Streak; FPIs Stay Net Buyers

Stock Market Today: Sensex, Nifty Snap Three-Day Gaining Streak; FPIs Stay Net Buyers
The Bombay Stock Exchange (BSE) logo is pictured in the lobby of their building in Mumbai (Photographer: Vivek Prakash/Bloomberg)
3 years ago
The S&P BSE Sensex Index closed down 311 points or 0.49% at 62,917.63 while the NSE Nifty 50 Index was 68 points or 0.36% lower at 18,688.10.

  • Titagarh Wagons and Bharat Heavy Electricals win Rs 24,000 crore contract to manufacture 80 Vande Bharat sleeper trains for Indian Railways

  • Companies to manufacture fully assembled trains by 2029, maintain them for 35 years

  • Source: Exchange filing

  • Food Ministry says consumers will pay 5% less for edible oils with the import duty reduction on refined soyabean and sunflower oil.

  • Shares of Adani Wilmar Ltd., Patanjali Foods Ltd., BCL Industries Ltd., and Agro Tech Foods Ltd. were moving positively in trade after the import duty reduction.

  • Source: Exchanges, Press Release

  • Cochin Shipyard has won a Rs 580 crore order from Norway's Wilson Shipowning AS.

  • Company to design and construct six 3800 DWT general cargo vessels, to be delivered from 2024 to 2026.

  • Contract includes an option for 8 more vessels.

  • Source: Exchange filing

The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.34%, whereas S&P BSE SmallCap Index was higher by 0.23%.

Eight out of the 19 sectors compiled by BSE declined with S&P BSE Bankex falling the most, while 11 sectors advanced.

The market breadth was skewed in the favour of the buyers. About 1,800 stocks rose, 1,593 declined, and 146 remained unchanged on the BSE.

  • Project has an estimated revenue potential of Rs 1,200 crore, developable area of 9.8 lakh square feet

  • Source: Exchange filing

The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.15%, whereas S&P BSE SmallCap Index was higher by 0.17%.

Nine out of the 19 sectors compiled by BSE declined with S&P BSE Information Technology falling the most, while ten sectors advanced.

The market breadth was skewed in the favour of the buyers. About 1,588 stocks rose, 1,020 declined, and 111 remained unchanged on the BSE.

Source: BSE

At pre-open, the S&P BSE Sensex Index was down 7 0points or 0.11% at 63,158.43 while the NSE Nifty 50 Index was 19 points or 0.10% higher at 18,774.45.

Source: Bloomberg

  • The yield on the 10-year bond opened flat at 7.02% on Thursday.

  • Source: Bloomberg

  • The local currency weakens 6 paise to open at 82.17 against the U.S dollar on Thursday.

  • The local currency closed at 82.11 on Wednesday.

  • Source: Bloomberg

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