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Stock Market Today: Sensex, Nifty End At Lowest In Two Weeks After Three-Day Fall; FPIs Remain Net Sellers

Stock Market Today: Sensex, Nifty End At Lowest In Two Weeks After Three-Day Fall; FPIs Remain Net Sellers
NSE building in Mumbai (Photo: Vijay Sartape/BQ Prime) 
2 years ago
The S&P BSE Sensex closed down 571 points, or 0.85%, at 66,230.24 while the NSE Nifty 50 was 159 points or 0.80% lower at 19,742.35.

  • RBI approves HDFC AMC to acquire up to 9.5% stake in the bank.

  • Source: Exchange Filing

  • Gets order for power, propulsion and automation systems of Samskip Group’s hydrogen-powered container vessels.

  • Vessels to demonstrate potential of hydrogen fuel cells as a clean and renewable fuel source.

  • Source: Exchange Filing

The broader market indices were trading lower; the S&P BSE MidCap Index was down 0.24%, whereas S&P BSE SmallCap Index was also 0.12% lower.

Nineteen out of 20 sectors compiled by BSE declined. S&P BSE Financial Services and S&P BSE Auto fell the most.

The market breadth was skewed in the favour of the sellers. About 1,655 stocks rose, 1,800 declined, while 182 remained unchanged on the BSE.

  • The association is aimed at disbursing business loans and gold loans to MSMEs in non-urban areas.

  • Source: Exchange filing

  • Meson Valves India Ltd. lists at Rs 193.80 apiece on the BSE, 90% premium to IPO price of Rs 102 per share.

  • Source: BSE

  • EMS Ltd. lists at Rs 282.05 apiece on the NSE, 33.67% premium to IPO price.

  • EMS Ltd. lists at Rs 281.55 apiece on the BSE, 33.43% premium to IPO price.

  • Source: Exchanges

  • Sensex fell as much as 0.57% to 66,420.50, the lowest level since Sept. 8, 2023.

  • Nifty declined 0.52% to 19,797.50, the lowest level since Sept. 8, 2023.

  • (as of 9:49 a.m.)

    Source: Bloomberg

  • 95.2 lakh shares changed hands in a large trade.

  • 2.5% equity changed hands at Rs 143.10 per share.

  • Buyers and sellers not known immediately.

  • Source: Bloomberg

The broader market indices opened lower; the S&P BSE MidCap Index was down 0.20%, whereas S&P BSE SmallCap Index was also 0.01% lower.

Eighteen out of 20 sectors compiled by BSE declined, while the other two sectors advanced. S&P BSE Financial Services and S&P BSE Bankex fell the most.

The market breadth was skewed in the favour of the buyers. About 1,209 stocks rose, 922 declined, while 110 remained unchanged on the BSE.

  • 21.1 lakh shares or 0.05% equity changed hands in a pre-market large trade.

  • Buyers and sellers not known immediately.

  • Source: Bloomberg

  • 15 lakh shares or 0.16% equity changed hands in a pre-market large trade.

  • Buyers and sellers not known immediately.

  • Source: Bloomberg

  • At pre-open, the S&P BSE Sensex was down 192 points, or 0.29%, at 66,608.67 while the NSE Nifty 50 was 61 points or 0.31% lower at 19,840.55.

  • Source: Bloomberg

  • The yield on the 10-year bond opened 4 bps higher at 7.22% on Wednesday.

  • It closed at 7.18% on Thursday

  • Source: Bloomberg

  • The local currency Weakened 3 paise to open at Rs 83.11 against the U.S dollar on Thursday.

  • It closed at 83.08 on Thursday.

  • Source: Bloomberg

  • RBI approves HDFC AMC to acquire up to 9.5% stake in the bank.

  • Source: Exchange Filing

  • To mull merger of CDMO operations of the group on Sept. 25,2023.

  • Alert: CDMO stands for Contract Development and Manufacturing Organization.

  • Source: Exchange Filing

  • RBI approves HDFC AMC to acquire up to 9.5% stake in the bank.

  • RBI nod for HDFC AMC to buy stake valid for one year.

  • Source: Exchange Filing

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