Market wrap: The benchmark indices concluded the trading day on a negative note!
About 667 stocks were advancing as against to 3,411 that were declining, thus indicating a negative sentiment in the broader market.
Market Update at 3:45 PM: On Monday, the market witnessed a sharp fall, with the Sensex trading down by 2.74 per cent touching 78,759.40 mark, while Nifty decreased by 2.68 per cent breaking the level of 24,055.60 points.
Furthermore, the broader market showed negative performance, with the Nifty Mid-cap closing down by 3.55 per cent and the Nifty Small-cap declined by 4.57 per cent.
Market volatility, as indicated by India VIX, has zoomed by 42.23 per cent, closing below 21 this is reflecting a significant increase in market volatility.
In the sectoral landscape, no player emerged among the top gainers, while Nifty Metal and Nifty Realty were the major underperforming sectors.
About 667 stocks were advancing as against to 3,411 that were declining, thus indicating a negative sentiment in the broader market.
Market Update at 2:15 PM: In the current trading session the benchmark indices trading on a negative note, with the Sensex trading significantly down by 2.88 per cent touching 78,650 mark, while Nifty plunged by 2.83 per cent breaking the level of 24,018.80 points.
Similarly, the broader indices Nifty Mid-cap declined by 3.77 per cent, while Nifty Small-cap dipped by 4.61 per cent.
India VIX has rallied by 43.44 per cent, indicating an increase in market volatility.
In the sectoral landscape, no player emerged among the top gainers, while Nifty Metal and Nifty Realty were the major underperforming sectors.
About 604 stocks are advancing as against 3,439 stocks that are declining, thus indicating a negative sentiment in the broader market.
Market Update at 12:45 PM: In the current trading session benchmark indices have shown dampen performance, with Sensex trading down by 3.17 per cent while Nifty has also decreased by 3.12 per cent.
Additionally, in the broader indices, the Nifty Mid-cap plunged by 4.07 per cent, while the Nifty Small-cap declined by 4.92 per cent.
India VIX has soared by 45.90 per cent, indicating an increase in market volatility.
European stocks to open on dampen note on Friday, European futures DAX, CAC and FTSE traded low by 2.79 per cent, 2.94 per cent and 2.06 per cent, respectively.
In the sectoral landscape, no player emerged among the top gainers, while Nifty Metal and Nifty Realty were the major underperforming sectors.
About 507 stocks are advancing as against to 3,495 stocks that are declining, thus indicating a negative sentiment in the broader market.
Market Update at 11:25 AM: In the ongoing trading session, Benchmark indices are trading on a negative note. Sensex experienced a sharp fall by 3.16 per cent, while Nifty significantly decreased by 3.10 per cent.
In the broader indices, the Nifty Mid-cap experienced a decline of 3.90 per cent, while the Nifty Small-cap is down by 4.66 per cent.
India VIX has zoomed by 49.46 per cent, indicating an extreme increase in market volatility.
In the sectoral landscape, no player emerged among the top gainers, while Nifty Metal and Nifty Realty were the major underperforming sectors.
The broader market sentiment is negative, with 533 stocks advancing compared to 3,397 stocks declining.
Market Update at 9:35 AM: On Monday, Indian markets opened trading session on a negative note. Similarly, the Broader indices also witnessed a muted sentiment.
The Sensex is trading lower at 1.95 per cent above the 79.408 mark while the Nifty has also plunged by 1.95 per cent placed at 24,235 level.
Whereas, in the broader, the Nifty Mid-cap decreased by 2.32 per cent trading below the 56.570.70 level and the Nifty Small-cap dipped by 2.54 per cent.
India VIX has zoomed by 16.03 per cent, indicating a significant increase in market volatility.
In the sectoral landscape, no player emerged among the top gainers, while Nifty Metal and Nifty Realty were the major underperforming sectors.
About 457 stocks were advancing as against to 2,870 that were declining, thus indicating a negative sentiment in the broader market.
Pre Market: Indian markets dropped over one percent on Friday, mirroring global equity losses due to growing concerns about the US economy and the tech sector outlook.
At closing, the Sensex stood at 80,982, down 885.6 points or 1.08 per cent, while the Nifty settled at 24,717.70, down 293.20 points or 1.17 per cent.
The GIFT Nifty is trading weak, indicating a gap-down start for the day, with Nifty futures trading at 24,373.5.
US stocks sold off for a second straight session on Friday, with the Nasdaq Composite entering correction territory after a soft jobs report stoked fears of an impending recession.
The Labor Department reported an increase of 114,000 jobs last month, falling short of the 175,000 average forecast by economists and the at least 200,000 needed to keep up with population growth. The unemployment rate rose to 4.3 per cent, nearing a three-year high.
This data heightened concerns that the economy is slowing more rapidly than anticipated and that the Federal Reserve had made an error by keeping rates steady at its policy meeting that concluded on Wednesday.
Expectations for a 50 basis point rate cut at the Fed's September meeting jumped to 69.5 per cent from 22 per cent in the prior session, according to CME's FedWatch Tool.
DSIJ's 'Large Rhino' service recommends blue chip stocks of Large Cap companies that have leadership positions in their category. If this interests you, do download the service details here.
The Dow Jones Industrial Average fell 610.71 points, or 1.51 per cent, to 39,737.26, the S&P 500 lost 100.12 points, or 1.84 per cent, to 5,346.56, and the Nasdaq Composite dropped 417.98 points, or 2.43 per cent, to 16,776.16.
Foreign institutional investors (FIIs) sold equities worth Rs 3,310 crore on August 2, while domestic institutional investors bought equities worth Rs 2,965 crore on the same day.
Disclaimer: The article is for informational purposes only and not investment advice.