The NSE Nifty 50 index was down 4.25% at 9,448.15, while the S&P BSE Sensex was 4.34% lower at 32,260.30.

As prices face the 50-day moving average, trading it on the higher side in one move is difficult and some retracement is very likely.

ONGC was the top gainer in the Sensex pack, rallying over 5 per cent, followed by M&M, Bharti Airtel, IndusInd Bank, ICICI Bank, PowerGrid and Tech Mahindra.

ITC was the top loser in the Sensex pack, tanking nearly 6 per cent, followed by Axis Bank, Titan, Bajaj Auto, Maruti, M&M, L&T and IndusInd Bank.

Indian stocks slid on Thursday, with declines led by banks and Hindustan Unilever, as coronavirus cases in the country crossed 50,000 despite a strict weeks-long lockdown.

ONGC was the top loser in the Sensex pack, slumping over 4 per cent, followed by NTPC, Kotak Bank, Titan, Bharti Airtel and PowerGrid.

The key domestic benchmark indices extended losses during the late noon trading session on profit booking amid mixed global cues. At 14:18 hours, the 30-share benchmark index was trading at 26664.04 down by 148.74 points or by 0.55 per cent, while

The Indian equities ended higher for the second straight session on Tuesday, with Nifty50 hitting all-time high of 9,300, amid sustained buying by domestic institutional investors and retailers, following upbeat earnings report. The market sentiment got a lift after Reliance Industries

The key domestic benchmark indices continued to gain momentum during the late morning session with frontline gauges recapturing their crucial 32,100 (Sensex) and 9,900 (Nifty) levels amid buying in index heavyweights including Wipro, Adani Ports, Infoysy, and Reliance among others.

Extending their record-breaking rally, the Indian equities continued its dream run on Wednesday with Nifty breaching psychological level of 10,000 for the first time, on sustained fund inflows and strong earnings by bluechip companies. Investors were in upbeat mood amid optimism

The Nifty hit a new record of 10,150 points in trade today, tracking firm cues from Asian peers, amid sustained buying by retail and foreign investors. On the sectoral front, all the indices were trading in green, barring pharma stocks,

Mumbai, Sep 21: Indian stock markets (Sensex and Nifty) witnessed a sudden sell-off in the afternoon dealings on Friday with Sensex crashing 1,128 points and Nifty falling well below 11,000-mark while DHFL nosedived 55% following the rout in NBFCs and housing

The two Indian equity benchmarks closed at a record high on Monday. S&P BSE Sensex Index closed 0.36 percent higher at 37,691.89, while the NSE Nifty 50 Index closed 0.2 percent higher at 11,387.10. They were mainly driven by shares of

Indian equity benchmark indices marked new highs in closing trade today. The S&P BSE Sensex rose by 51.01 points, or 0.13 percent to 38,336.76 while NSE's Nifty 50 increased by 11.85 points, or 0.10 percent, to close at 11,582.75. Nifty had

The BSE Sensex closed 1.16 percent higher at 38,694.11 gaining 442 points on Monday while NSE's Nifty 50 advanced 1.17 percent to close at 11,691.95 points, aided by the gains in Asian markets and record Wall Street highs reported on Friday.

According to Sahaj Agrawal of Kotak Securities, the Nifty is expected to test 9,900-10,000 levels in the next few weeks.

Traders should use the dip, if any, between 9,750–9,700 to create fresh longs with a stop below 9,600 on a closing basis, Mazhar Mohammad says.

In the very near term, after the recent sharp rally, some consolidation or small retracement as mean reversion is highly probable.

The April series expired on an exuberating mode with heavy intraday gains but looking at the overall structure, follow up buying seems to be quite difficult.

"Some support on the downside can be expected around 9,250 levels," said Mazhar Mohammad, Chief Strategist – Technical Research Trading Advisory, Chartviewindia.in.

Traders should avoid long positions whereas fresh shorting can be considered below 9,190 for a target of 8,900 levels, says Mazhar Mohammad.

It#39;s just a breather and the bias will remain on the negative side till Nifty trades below 9,700, Ajit Mishra of Religare Broking says.

Traders are advised to wait for a minor breakout in either direction before initiating trading bets.

Traders are advised to remain neutral and intraday traders can consider initiating shorts below 9,190 and look for a modest target of 9,100 levels.

Choppy market is not an ideal time to make money on the index.

Investors lost more than Rs 5 lakh crore of wealth in today#39;s trade so far.

For many, the recent rise in the equity market was bewildering as almost all indicators of the domestic economy had been showing signs of acute distress due to COVID-19.

The broader market outperformed, as the SP BSE Midcap index rose 1.4 percent higher, while the SP BSE Smallcap index was up 1.7 percent.

The Nifty Bank rose more than 1,200 points or 6.6 percent led by gains in Axis Bank, ICICI Bank, IDFC First Bank, Bandhan Bank and Federal Bank.

Top Nifty50 gainers include Sun Pharma, HDFC Bank, Infosys and Tata Motors.

The Nifty formed a Gravestone Doji pattern on the daily charts.

All eyes will be on the FOMC outcome later in the day, say experts. But, the strong rally on D-Street has set the tone for the Nifty to reclaim 9,600 and possibly head towards 10,000.

Reports of successful trials of a COVID-19 vaccine also influenced the mood of the market.

Profit booking hit D-Street at higher levels as concerns over muted earnings, impact of extended lockdown and rising COVID-19 cases weighed on sentiment.

Volatility is likely to continue in the near term and the immediate resistance for the Nifty stays at 9,450 levels.

A break above 9,350 will open doors for 9,450–9,533 and a breach of 9,100 shall see the Nifty resuming a downswing with an initial target of 8,900.

The Nifty50 formed an ‘Island Reversal’ pattern on the daily charts on May 4 which is a reversal pattern, and the next big support for the index is placed at 9,250, and below that 8,900-8,800, suggest experts.

A display of strength and being leaders in their respective sectors – companies that are trading at a premium to their averages is a bullish sign for them, but not all companies could be termed buy.

Auto could be the star for the 2nd half of the year as streamlining of BS4-6 now over with last 2 years growth appetite making a huge comeback as the new normal sees reduction in public transport shared mobility.

Markets would need severely bad data to retest 7500 levels on the Nifty. But, at the same time, we have seen good improvement in the market – a significant upside looks difficult.

Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki are top gainers while ONGC, Axis Bank, MM, Bajaj Auto and Hero MotoCorp are major losers in the Sensex.

Gains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued to spiral and markets awaited an economic stimulus.

Gains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued to spiral and markets awaited an economic stimulus.

Bharti Airtel and Sun Pharma were the only gainers on BSE.

Mahindra and Mahindra and Bajaj Finance were top gainers.

Dr Reddy's fell 1.8 per cent to Rs 2,319.45 on BSE while Asian Paints dropped 0.77 per cent.

Top gainers in the Sensex pack were IndusInd Bank, HUL, RIL, Axis Bank, Kotak Bank, ICICI Bank, Tata Steel, Bajaj Finance, TCS, Nestle, SBI, and Infosys, rising upto 4.33 percent.

Sensex plummets 2,000 points to close at 31,715, Nifty tanks 566 points

Sensex rises 232 points to end at 31,685; Nifty closes at 9,270

All that happened in the markets today