Mumbai Mar 31 PTI Benchmark stock indices Sensex and Nifty pared their early gains to settle lower in choppy trade on the last day of the 2021-22 fiscal on Thursday mainly due to profit-taking in Reliance Industries Infosys and HDFC Bank after a three-day rally Ending its three-day winning run the 30-share BSE Sensex declined by 11548 points or 020 per cent to settle at 5856851 amid the expiry of monthly derivatives contracts During the day it touched a high of 5889092 and a low of 5848579 The broader NSE Nifty declined by 3350 points or 019 per cent to settle at 1746475 with 30 of its stocks ending with losses For 2021-22 fiscal the BSE Sensex jumped 905936 points or 1829 per cent while the Nifty rallied 277405 points or 1888 per cent Even as markets ended the last day of the financial year in a rather quiet mood it has delivered a 19 per cent return this year on the Nifty with two sectoral indices - metals and media returning over 50 per cent this year On the broader market as well both the midcap-100 and smallcap-100 delivered over 25 per cent return this year Such returns in a year when FPIs have pulled out big money highlights the confidence of the Indian investor amidst a slew of headwinds according to S Ranganathan Head of Research at LKP Securities Among the 30-share pack Reliance Industries fell the most by 146 per cent Wipro declined by 144 per cent Dr Reddys by 104 per cent and Sun Pharma by 060 per cent HDFC Bank UltraTech Cement and Infosys also ended down On the other hand HUL rose the most by 166 per cent followed by Mahindra Mahindra by 159 per cent IndusInd Bank by 093 per cent Bharti Airtel by 080 per cent ITC by 066 per cent and Titan by 05 per cent Axis Bank which announced the acquisition of the India retail business of US-based Citi spurted by 139 per cent In the previous trade the 30-share BSE barometer index surged 74034 points or 128 per cent to settle at 5868399 Similarly the NSE Nifty climbed 17295 points or 1 per cent to settle at 1749825 In the broader market the BSE smallcap index gained 031 per cent and the midcap jumped 029 per cent Investors followed global market cues which were mostly weak as most of them had rallied in the last few sessions on fall in crude oil prices and expectations of some solution to the Russia-Ukraine conflict After seeing sharp gyration during the week investors exercised caution with a negative bias on the expiry day said Shrikant Chouhan Head of Equity Research Retail Kotak Securities Ltd Harsh Parekh Technical Analyst Bonanza Portfolio said Indian equity indices opened today on a positive note on the back of a weak US dollar and FPI turning buyers But indices turned volatile in afternoon trade and ended the three-day winning run In Asia equity exchanges in Shanghai Tokyo and Hong Kong ended lower while Seoul settled with gains Markets in Europe were mostly trading lower Stock exchanges in the US ended on a negative note in the overnight session Meanwhile international oil benchmark Brent crude tumbled 509 per cent to USD 10768 per barrel on reports that the US was considering releasing a record 180 million barrels of oil from strategic reserves Foreign Institutional Investors FIIs were buyers as they bought shares worth Rs 135747 crore on a net basis on Wednesday according to stock exchange data PTI SUM MR MR

Mumbai Mar 28 PTI Benchmark stock indices Sensex and Nifty reversed early losses to close higher by 040 per cent on Monday helped by buying in index heavyweight Reliance Industries ICICI Bank and Bharti Airtel amid gains in global equities After falling 53711 points to a low of 5682509 in morning trade the 30-share BSE barometer staged a recovery in afternoon trade and climbed 23129 points or 040 per cent to settle at 5759349 As many as 20 Sensex stocks closed with gains while 10 declined The broader NSE Nifty recovered 69 points or 040 per cent to settle at 17222 with 29 of its constituents ending in green Bharti Airtel rose the most by 34 per cent among Sensex stocks Axis Bank rose by 213 per cent ICICI Bank by 159 per cent and SBI by 144 per cent Reliance Industries rose by nearly 1 per cent helping the barometer recover from losses IndusInd Bank rose by 133 per cent Bajaj Finserve by 109 per cent while Kotak Bank and HDFC Bank also advanced FMCG major ITC jumped 154 per cent while Hindustan Unilever rose by 1 per cent Among losers Nestle fell the most by 183 per cent HDFC by 158 per cent and HCL Tech by 141 per cent Dr Reddy dropped 14 per cent Asian Paints by 064 per cent and Wipro by 059 per cent due to profit booking Shares of multiplex chains PVR and Inox Leisure Ltd spurted after the two companies announced a merger deal to create the countrys largest multiplex chain with over 1500 screens PVR shares rose by 306 per cent to Rs 188350 at close Inox Leisure Ltd hit the upper circuit limit of Rs 56360 before closing at Rs 52290 up by 1133 per cent over the previous close Benchmark indices reversed early morning losses on positive global cues according to S Ranganathan Head of Research at LKP securities Even though the Ukraine war and the consequent crude spike impacted markets initially the war is not impacting markets much now The major headwinds for markets in 2022 will continue to be the high US inflation and Fed tightening said V K Vijayakumar Chief Investment Strategist at Geojit Financial Services In the broader market the BSE smallcap index declined 053 per cent and midcap gauge dipped 040 per cent Markets once again witnessed sideways movement but finally managed to end on a higher note because of sharp gains in banking and oil gas stocks said Shrikant Chouhan Head of Equity Research Retail Kotak Securities Ltd Among BSE sectoral indices oil and gas up 107 per cent bank 101 per cent energy 097 per cent and telecom 073 per cent were the major gainers Mixed global cues combined with a lack of any domestic trigger are causing volatile swings in the index However the rotational buying in select index majors is helping the benchmark to hold at higher levels Ajit Mishra VP - Research Religare Broking Ltd said Equity exchanges in Tokyo and Seoul settled lower while Hong Kong and Shanghai ended higher Stock exchanges in the US also ended on a mixed note on Friday European markets were trading with gains as investors weigh the developments of the war between Russia and Ukraine Meanwhile international oil benchmark Brent crude declined 346 per cent to USD 1163 per barrel Foreign institutional investors FIIs were net sellers in the capital market as they sold shares worth Rs 150737 crore on Friday according to the stock exchange data PTI SUM MR MR

Mumbai Mar 25 PTI Benchmark indices Sensex and Nifty declined for a third straight day on Friday due to profit taking in consumer durables FMCG banking and IT shares amid lingering worries over commodity prices interest rate hike and geopolitical tensions The 30-share BSE benchmark dropped 23348 points or 041 per cent to settle at 5736220 During the day it tanked 49544 points to 5710024 The broader NSE Nifty declined 6975 points or 040 per cent to settle at 17153 The equity indices closed the week lower after two straight weeks of gains Sensex fell by 501 points while Nifty closed the week lower by 134 points The Indian equity market continue to be in a grind influenced by and reacting to incremental news flow on the global front especially related to the geopolitical situation and Fed rhetoric The two key challenges and monitorables for the markets in the near term are the persistent inflationary pressures and the rising bond yields said Milind Muchhala Executive Director Julius Baer From the 30-share pack Titan fell the most by 359 per cent Tech Mahindra by 235 per cent Maruti Suzuki India by 179 per cent and Wipro by 118 per cent Among major index downers HDFC Bank declined 076 per cent TCS by 112 per cent and Infosys by 055 per cent ICICI Bank Nestle India Larsen Toubro HCL Technologies Tata Steel and ITC also dropped On the other hand Dr Reddys continued its steller run rising by 077 per cent Asian Paints rose 076 per cent and Reliance Industries by 073 per cent Bharti Airtel State Bank of India and Kotak Mahindra Bank also advanced After the recent 10 per cent rally the market has turned sideways with a negative bias due to increase in commodity prices tightening monetary policy and inflationary pressure Domestic market is showing strong resilience but to sustain the trend a lot will depend on the outcome of the war and commodity prices said Vinod Nair Head of Research at Geojit Financial Services In the broader market the BSE midcap dipped 036 per cent and smallcap gauge declined 033 per cent A total of 2078 declined while 1329 advanced and 103 remained unchanged Among BSE sectoral indices consumer durables declined the most by 228 per cent followed by capital goods 095 per cent FMCG 072 per cent and Information Technology 068 per cent Elsewhere in Asia bourses in Shanghai and Hong Kong ended lower while Tokyo and Seoul settled with marginal gains Stock exchanges in the US ended higher in the overnight session Meanwhile international oil benchmark Brent crude declined 144 per cent to USD 11732 per barrel Foreign institutional investors FIIs turned net sellers in the capital market as they sold shares worth Rs 174071 crore on Thursday according to stock exchange data PTI SUM MR

Mumbai Mar 25 PTI Market benchmark Sensex declined over 233 points on Friday extending its losses to a third day as index majors HDFC Bank TCS and Infosys went down amid a mixed trend in global equities The 30-share BSE benchmark dropped 23348 points or 041 per cent to settle at 5736220 During the day it tanked 49544 points to 5710024 Similarly the broader NSE Nifty declined 6975 points or 040 per cent to settle at 17153 The Indian equity market continue to be in a grind influenced by and reacting to incremental news flow on the global front especially related to the geopolitical situation and Fed rhetoric The two key challenges and monitorables for the markets in the near term are the persistent inflationary pressures and the rising bond yields said Milind Muchhala Executive Director Julius Baer From the 30-share pack Titan Tech Mahindra Maruti Suzuki India Wipro Nestle India TCS Larsen Toubro HCL Technologies Tata Steel and HDFC Bank were among the major laggards On the other hand Dr Reddys Asian Paints Reliance Industries Limited Bharti Airtel State Bank of India and Kotak Mahindra Bank were among the gainers In the previous session the BSE Sensex had declined 8914 points or 015 per cent to settle at 5759568 The NSE Nifty declined 2290 points or 013 per cent to 1722275 Elsewhere in Asia bourses in Shanghai and Hong Kong ended lower while Tokyo and Seoul settled with marginal gains Stock exchanges in the US ended higher in the overnight session Meanwhile international oil benchmark Brent crude declined 144 per cent to USD 11732 per barrel Foreign institutional investors FIIs turned net sellers in the capital market as they sold shares worth Rs 174071 crore on Thursday according to stock exchange data PTI SUM MR

Mumbai Mar 24 PTI Benchmark stock indices Sensex and Nifty closed lower in highly volatile trade on Thursday due to selling in banking auto and FMCG stocks amid a weak trend in global equity markets Extending losses for a second day the 30-share BSE Sensex ended down by 8914 points or 015 per cent at 5759568 During the day it touched a low of 5713851 and a high of 5782799 The broader NSE Nifty dipped 2290 points or 013 per cent to settle at 1722275 as 27 of its components declined and 22 advanced The market now lacks direction and is moving up or down on a daily basis responding to news regarding crude price FPI flows and speculation on what the Fed might do in the coming policy meets said VK Vijayakumar Chief Investment Strategist at Geojit Financial Services Sensex and Nifty ended a volatile session with losses amid heightening volatility due to surge in global crude oil prices and prospects of the US Fed raising interest rate Mohit Nigam Head - PMS Hem Securities said From the 30-share pack Kotak Mahindra Bank fell the most by 309 per cent followed by Titan which declined 263 per cent HDFC Bank dropped 223 per cent ICICI Bank by 194 per cent and HDFC by 15 per cent Mahindra Mahindra fell by 131 per cent and Maruti Suzuki India by 117 per cent IndusInd Bank Hindustan Unilever Limited Nestle Axis Bank and State Bank of India were also among the losers In contrast Dr Reddys Laboratories rose the most by 49 per cent UltraTech Cement by 177 per cent and Tech Mahindra by 175 per cent Gains in Reliance Industries Tata Steel NTPC ITC TCS and HCL Technologies Limited limited the losses in the benchmark index In the previous trade the BSE barometer declined 30448 points or 053 per cent while Nifty dipped 6985 points or 04 per cent Markets traded dull and ended marginally lower amid mixed global cues After the initial dip the benchmark oscillated in a narrow range Ajit Mishra VP - Research Religare Broking Ltd said All eyes are on the outcome of the NATO summit as it could provide the direction to the lingering Russia-Ukraine tension Indications are in the favour of further consolidation in the index however the prevailing underperformance from the banking pack is denting sentiment Mishra said US President Joe Biden and world leaders opened the first in a trio of summits in Brussels focused on pressuring Russia to end its war in Ukraine In the broader market the BSE midcap index gained 034 per cent while smallcap gauge went higher by 016 per cent Among BSE sectoral indices banking down 169 per cent consumer durables 158 per cent finance 130 per cent and auto 054 per cent were the major drags Markets lingered in negative territory for major part of the trading session but trimmed losses at the end as positive European markets opening aided partial recovery Global markets trend will continue to dictate sentiment as investors would not want to take bullish bets given the fragile situation globally Shrikant Chouhan Head of Equity Research Retail Kotak Securities Ltd said Asian markets were mixed after losses in Wall Street as investors weighed concerns about rising inflation and slower economic growth Tokyos Nikkei 25 declined by 03 per cent Seouls Kospi dropped 05 per cent while the Shanghai Composite index fell 05 per cent The Hang Seng in Hong Kong rose by 02 per cent The Russian stock market also resumed limited trading under heavy curbs almost one month after prices plunged and the market was shut down following Moscows invasion of Ukraine Trading of a limited number of stocks took place under restrictions that are meant to prevent a repeat of the massive selloff that took place February 24 in anticipation of Western economic sanctions International oil benchmark Brent crude surged 030 per cent to USD 122 per barrel Foreign institutional investors FIIs were net buyers as they bought shares worth Rs 48133 crore on Wednesday according to stock exchange data PTI SUM MR MR

Mumbai Mar 22 PTI Benchmark stock indices Sensex and Nifty rebounded from early lows to close over 1 per cent higher on Tuesday helped by heavy buying in index heavyweight Reliance Industries Infosys and TCS amid gains in global equities The 30-share BSE Sensex closed up by 69681 points or 122 per cent at 5798930 It touched a high of 5805287 and a low of 5693030 in intra-day trade It rallied 76038 points or 132 per cent during the day The broader NSE Nifty climbed 19790 points or 116 per cent to finish at 1731550 From the 30-share pack Tech Mahindra Reliance Industries Bajaj Finserv ITC TCS Indusind Bank Kotak Mahindra Bank Infosys and Power Grid were the biggest gainers In contrast Hindustan Unilever Limited Nestle India NTPC and Sun Pharma were the laggards The domestic market started with a negative bias taking cues from rising crude prices and hawkish signals from Fed on aggressive policy tightening However the trend reversed as European markets opened on a positive note buoyed by hope that Ukraine may consider working towards a truce said Vinod Nair Head of Research at Geojit Financial Services On Monday the Sensex plunged 57144 points or 099 per cent to settle at 5729249 The Nifty declined by 16945 points or 098 per cent to finish at 1711760 Equity exchanges in Shanghai Seoul Hong Kong and Tokyo ended with significant gains Stock exchanges in the US ended on a negative note in the overnight session Meanwhile international oil benchmark Brent crude dipped 157 per cent to USD 1138 per barrel Foreign institutional investors FIIs were net sellers in the capital market as they sold shares worth Rs 296212 crore on Monday according to stock exchange data PTI SUM MR MR

Mumbai Mar 21 PTI Reversing its early gains benchmark BSE Sensex plunged by 571 points or nearly 1 per cent at close on Monday following losses in banking oil FMCG and IT stocks as surging oil prices played spoilsport amid prolonged Russia-Ukraine war The 30-share Sensex opened higher and rose over 260 points to touch the days high of 5812795 However losses in banking oil and FMCG stocks dragged the index down by 634 points to touch a low of 5722908 The barometer settled at 5729249 down by 57144 points or 099 per cent The index had rallied over 2000 points in the previous two sessions The broader NSE Nifty declined by 16945 points or 098 per cent to finish at 1711760 after rallying over 620 points in the past two sessions It touched a high of 1735335 points and a low of 1709640 in the day trade Among Sensex constituents Power Grid fell the most by 293 per cent followed by Asian Paints 285 per cent UltraTech Cement 281 per cent Nestle 249 per cent Kotak Bank 242 per cent Hindustan Unilever 241 per cent and HCL Technologies 232 per cent Index heavyweight Reliance Industries dropped by 05 per cent HDFC by 1 per cent and ICICI Bank by 13 per cent In contrast Sun Pharma HDFC Bank Maruti Titan and NTPC were the only gainers With no significant improvement in the tensions between Russia and Ukraine and uncertainty in the Gulf region crude prices surged leading to a sell-off in the domestic market after the recent rally FIIs coming back to buying mode is a positive for domestic equities but a rise in bulk diesel prices and inflationary pressure are bending the domestic market said Vinod Nair Head of Research at Geojit Financial Services International oil benchmark Brent crude jumped 353 per cent to USD 1115 per barrel on reports that European countries this week will consider an oil embargo on Russian oil which could restrict supplies and fuel price rise A Houthi attack on an energy terminal in Saudi Arabia last week caused a temporary fall in oil production amid lower supplies by the oil cartel OPEC The broader market depicted a mixed trend with the BSE midcap declining 068 per cent while the smallcap gauge gaining 038 per cent Among BSE sectoral indices utilities tumbled 189 per cent followed by power 181 per cent FMCG 146per cent and bank 130 per cent A total of 1971 stocks declined while 1550 advanced and 149 remained unchanged on BSE Markets started the week on a muted note and lost nearly a per cent tracking mixed global cues according to Ajit Mishra VP - Research Religare Broking Ltd In the Asian trade Japanese markets were closed for a holiday while Shanghai ended marginally higher and Hong Kong went lower Stock exchanges in the US closed with significant gains on Friday Stock exchanges in Europe were trading higher in mid-session deals Foreign institutional investors were net buyers as they bought shares worth Rs 280014 crore on Thursday according to exchange data PTI SUM MR

Mumbai Feb 25 PTI A day after suffering their worst session in about two years benchmark indices Sensex and Nifty rebounded up to 25 per cent on Friday in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict A strengthening rupee and bargain hunting by participants supported the recovery traders said Snapping its seven-day losing streak the 30-share BSE Sensex climbed 132861 points or 244 per cent to settle at 5585852 Similarly the broader NSE Nifty soared 41045 points or 253 per cent to 1665840 Barring HUL and Nestle all Sensex shares closed with gains -- with Tata Steel IndusInd Bank Bajaj Finance NTPC and Tech Mahindra surging as much as 654 per cent On Thursday the Sensex had crashed over 2700 points -- its biggest single-day plunge in about two years and the Nifty had nosedived 815 points Domestic indices staged a firm recovery tracking positive cues from global markets and took advantage of lower valuations following the massive sell-off in the previous session Global markets took a breather as the fresh US sanctions did not target Russias oil exports nor their access to the SWIFT global payment network However the market will continue to remain volatile tracking new developments in the Russia-Ukraine war said Vinod Nair Head of Research at Geojit Financial Services On a weekly basis the Sensex lost 1974 points or 341 per cent and the Nifty gave up 618 points or 357 per cent during the week as it became obvious that NATO countries have no desire for an armed conflict and would rather use the path of sanctions the risk perception has lowered marginally globally said Nitin Raheja Executive Director Head - Discretionary Equities Julius Baer From an India perspective the greater risk comes from the impact of rising geopolitical tensions on crude oil and commodity prices If crude sustains over USD 100 it could create a negative economic impact in the form of rising inflation and a deterioration in the current account deficit he added All 19 sectoral indices bounced back on Friday with realty power utilities basic materials and industrials spurting as much as 568 per cent Smallcap midcap and largecap indices too surged up to 417 per cent Asian shares edged significantly higher on Friday driven by a US rebound as more sanctions were announced against Russia for its military actions in Ukraine Bourses in Europe too were trading in the positive territory in the afternoon session The US EU and Japan have vowed to support Ukraine and agreed on a second tranche of economic and financial sanctions on Russia even as Russian forces continued their advance towards the Ukrainian capital Global oil benchmark Brent crude futures rose 067 per cent to USD 10080 a barrel On the forex market front the rupee climbed 27 paise to end at 7533 against the US dollar on Friday Spooked by the Ukraine crisis foreign institutional investors further offloaded shares worth a net Rs 644824 crore in the Indian capital markets on Thursday exchange data showed PTI MKJ ABM ABM

Mumbai Feb 25 PTI A day after suffering their worst session in about two years benchmark indices Sensex and Nifty rebounded up to 25 per cent on Friday in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict Snapping their seven-day losing streak the BSE Sensex climbed 132861 points or 244 per cent to settle at 5585852 while the NSE Nifty went soared 41045 points or 253 per cent to 1665840 Barring HUL and Nestle all Sensex shares closed with gains -- with Tata Steel IndusInd Bank Bajaj Finance NTPC and Tech Mahindra surging as much as 654 per cent On Thursday the Sensex had crashed over 2700 points -- its biggest single-day plunge in about two years and the Nifty had nosedived 815 points Spooked by the Ukraine crisis foreign institutional investors further offloaded shares worth a net Rs 644824 crore in the Indian capital markets on Thursday exchange data showed Asian shares edged significantly higher on Friday driven by a US rebound as more sanctions were announced against Russia for its military actions in Ukraine Meanwhile the US EU and Japan have vowed to support Ukraine and agreed on a second tranche of economic and financial sanctions on Russia Brent crude futures rose 067 per cent to USD 10080 a barrel PTI MKJ ABM ABM

Mumbai Feb 25 PTI Domestic equity benchmarks Sensex and Nifty rebounded over 2 per cent in opening trade on Friday in line with higher Asian bourses as investors assessed long-term risks of the Ukraine conflict The BSE Sensex climbed 114058 points or 209 per cent to trade at 5567049 in opening deals and the NSE Nifty traded higher by 34410 points or 212 per cent at 1659205 On the Sensex chart IndusInd Bank Tata Steel Bajaj Finance Bajaj FinServ and SBI emerged as top gainers -- rising as much as 6 per cent On Thursday the Sensex crashed over 2700 points -- its biggest single-day plunge in about two years and the Nifty nosedived 815 points The bloodbath on Dalal Street plunged investor wealth by over Rs 13 lakh crore Spooked by the Ukraine crisis foreign institutional investors further offloaded shares worth Rs 644824 crore in the Indian capital markets on Thursday exchange data showed Asian shares were higher on Friday driven by a rebound in US equities as more sanctions were announced against Russia for its actions in Ukraine Meanwhile the US EU and Japan are putting on a united front to support Ukraine and agreed on a second tranche of economic and financial sanctions on Russia Oil prices which jumped after the Russian invasion on Ukraine rose again on Friday on worries about supply disruptions Brent crude futures were up 2 per cent at USD 10120 a barrel PTI DRR DRR