Market wrap: Benchmark indices end on a positive note with Nifty IT among the top gainers!
On June 9, foreign institutional investors (FII) sold shares amounting to Rs 308.97 crore, while domestic institutional investors (DII) purchased shares worth Rs 1,245.51 crore.
Market Update at 3:30 PM: Sensex ends higher by 0.16 per cent above 62,700 level while Nifty ends higher by 0.21 per cent above 18,600 level.
Nifty Midcap and Smallcap end higher by 0.55 per cent and 0.87 per cent respectively.
India VIX had surged by 1.08 per cent.
Nifty IT, Nifty Realty and Nifty Media were among the top gainers while Nifty Bank and Nifty Financial Services and Nifty Pharma were among the top losers.
Infosys, NTPC and Adani Enterprises were among the top gainers while Powergrid, L&T and Cipla were are among the top losers.
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Market Update at 2:10 PM: Sensex and Nifty trade higher by 0.23 per cent and 0.27 per cent respectively.
Nifty Midcap and Nifty Smallcap trade higher by 0.46 per cent and 0.8 per cent respectively.
India VIX has surged by 0.99 per cent.
Nifty IT, Nifty Realty and Nifty Media are among the top gainers while Nifty Bank and Nifty Financial Services trades flat.
HCL Technologies, BPCL and Infosys are among the top gainers while Powergrid, L&T and Maruti trade are among the top losers.
About 1255 stocks are advancing as against to 722 stocks that are declining. Thus, indicating positive sentiment in the broader market.
Market update at 12:30 PM: Sensex and Nifty have surged by 0.08 per cent and 0.13 per cent respectively.
Nifty Midcap and Nifty Smallcap trade higher by 0.31 per cent and 0.72 per cent respectively.
India VIX has surged by 1.44 per cent.
Nifty IT, Nifty Realty and Nifty Media are among the the top gainers while Nifty FMCG is among the top losers.
HCL Tech, BPCL and Infosys are among the top gainers from the Nifty 50 and Titan, L&T and ITC are among the top losers from the Nifty 50.
Market Update at 11:00 AM: Sensex and Nifty have surged by 0.20 er cent each. While Nifty Midcap and Nifty Smallcap has surged by 0.32 per cent and 0.69 per cent respectively.
India VIX has surged by 2.43 per cent.
Nifty Realty, Nifty Media and Nifty IT are among the top gainers while Nifty FMCG and Nifty Bank trade flat.
HCL Tech, SBI Life and Infosys are among the top gainers from the Nifty 50 and Titan, L&T and Asian Paints are among the top losers from the Nifty 50.
About 1325 stocks are advancing as against to 630 stocks that are declining. Thus, indicating positive sentiment in the broader market.
Market Update at 9:25 AM: Sensex and Nifty opens marginally higher by 0.15 per cent each while the broader indices open on a mixed note.
India VIX has surged by 3.33 per cent.
Nifty Realty, Nifty IT and Nifty Auto are among the top gainers and Nifty Pharma, Nifty Energy and Nifty PSU Bank are among the top losers.
BPCL, Infosys and M&M are among the top gainers from the Nifty 50 and Divi’s Laboratories, ONGC and IndusInd Bank are among the top losers from the Nifty 50.
Market Update at 8:15 AM: Traders awaited the upcoming inflation data and the Federal Reserve policy meeting this week, causing minimal movement in S&P 500 futures on Sunday night. S&P 500 futures increased by 0.14 per cent, while Dow Jones Industrial Average futures saw a slight rise of 19 points and Nasdaq 100 futures advanced by 0.27 per cent.
Oil prices dropped over a dollar per barrel on Friday, marking a consecutive weekly decline. Concerns about demand growth were amplified by disappointing Chinese data and Saudi Arabia's recent output cut decision. In futures trading, the Dollar index registered a 0.22 per cent increase, reaching 103.55, while the value of a single dollar remained close to Rs 82.45.
On June 9, foreign institutional investors (FII) sold shares amounting to Rs 308.97 crore, while domestic institutional investors (DII) purchased shares worth Rs 1,245.51 crore.
On June 12, there are indications that the market will open slightly higher as the SGX Nifty suggests a positive beginning for the frontline index. The SGX Nifty has gained 70 points and commenced the session at 18,662, with SGX futures reaching a peak of 18,681 in early trade on the same day.
Stocks that are banned for trading in the F&O segment on June 12, 2023, are IEX, Indiabulls Housing Finance and India Cements.