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Stock Market Today: Sensex, Nifty Decline As RIL, ICICI Bank Drag; FPIs Turn Net Sellers

Stock Market Today: Sensex, Nifty Decline As RIL, ICICI Bank Drag; FPIs Turn Net Sellers
The Nifty logo is displayed on a glass facade at the National Stock Exchange in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
3 years ago
The S&P BSE Sensex Index was down 216 points or 0.34% at 63,168.30 while the NSE Nifty 50 Index was 71 points or 0.37% lower at 18,755.45.

  • Company to supply 13.53 trillion Btu of natural gas to ONGC Petro Additions' Dahej plant from October 2023 to May 2026.

  • Hindustan Petroleum Coroporation, Automin Car Services to establish co-branded express vehicle service centres across India. Automin Car Services is a subsidiary of Saudi Arabia-based Petromin Corporation

  • Source: Exchange filing

  • Asian Energy Services has received a Rs 78.24 crore LOA from ONGC for 3D seismic data acquisition services in Gujarat.

  • Source: Exchange filing

  • Laurus Labs to in-license gene therapy assets, provide research grant to IIT Kanpur for advancing gene therapy products

  • Additionally, the company will establish a GMP facility at the Techno Park of IIT Kanpur

  • Source: Exchange filing

The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.45%, whereas S&P BSE SmallCap Index was higher by 0.48%.

Eleven out of the 20 sectors compiled by BSE declined with S&P BSE Bankex falling the most, while nine sectors advanced.

The market breadth was skewed in the favour of buyers. About 1,796 stocks rose, 1,692 declined, while 203 remained unchanged on the BSE.

  • Coal India has announced an employee offer for sale of more than 92 lakh equity shares, worth 0.15 equity of the company.

  • The OFS will open from June 21 to June 23, for a total of nearly Rs 209 crore.

  • Source: Exchange filing

  • Lupin has announced the launch of its Thiamine Hydrochloride injections in U.S.A.

  • Company along with alliance partner Caplin Steriles had received the drug approval from the U.S. FDA

  • Source: Exchange filing

  • Operations at Gujarat Pipavav Port have resumed since Saturday, June 17, 2023, as weather conditions normalised.

  • Operations had been suspended since June 10 due to Cyclone Biparjoy.

  • Source: Exchange filing

The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.53%, whereas S&P BSE SmallCap Index was higher by 0.51%.

Fifteen out of the 19 sectors compiled by BSE advanced while four sectors declined.

The market breadth was skewed in the favour of buyers. About 1,900 stocks rose, 1,050 declined, while 156 remained unchanged on the BSE.

Source: BSE

At pre-open, the S&P BSE Sensex Index was up 89 points or 0.14% at 63,473.15 while the NSE Nifty 50 Index was 47 points or 0.25% higher at 18,873.30.

Source: Bloomberg

  • The yield on the 10-year opened flat at 7.03% on Monday, it closed at 7.04% on Friday.

  • Source: Bloomberg

  • The local currency opened flat at 81.95 against the U.S. dollar on Monday.

  • It closed at 81.94 on Friday.

  • Source: Bloomberg

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