Daily Market Update: 7th January 2022

 Key Highlights of the Day

• India to become hub for COVID-19 antiviral generic drugs: Fitch
• TCS board of directors to consider proposal for buyback of equity shares
• Sachin Bansal’s Navi FinServ offers home loans at 6.4
• US dollars riding high on hike bets ahead of payroll report
• US jobless claims rise by 7000 but still low at 207000

SENSEX: 59744.65 (+142.18)  

NIFTY: 17812.70 (+66.80)

Nifty Bank: 37739.60 (+249.35)

NIFTY IT: 38139.85 (+130.85)

 

Top Gainers

Grasim: 1797.65 (+4.48%)

ONGC: 157.05 (+4.14%)

Hindalco: 493.50 (+3.01%)

 

Top Losers

M&M: 829.00 (-1.29%)

Bajaj FinServ: 17756.90 (-1.28%)

Bajaj Finance: 7659.35 (-1.15%)

Daily Market Update: 6th January 2022

 Key Highlights of the Day

• PM Narendra Modi country’s most popular celebrity in 2021, finds Axis My India survey
• Reliance Retail leads $240 million round in Dunzo amid rapid delivery frenzy
• Cabinet approves Rs 12000 crore green energy corridor
• BMW Motorrad sales double to 5191 units in India in 2021
• France imposes fines on Facebook Ireland and Google

SENSEX: 59601.84 (-621.31)  

NIFTY: 17745.90 (-179.35)

Nifty Bank: 37490.25 (-205.65)

NIFTY IT: 38009.00 (-600.15)

 

Top Gainers

UPL: 782.75 (+2.39%)

IndusInd Bank: 921.70 (+1.96%)

Bajaj Auto: 3418.20 (+1.78%)

 

Top Losers

JSW Steel: 673.95 (-2.96%)

UltraTech Cement: 7458.55 (-2.62%)

Tech Mahindra: 1692.10 (-2.62%)

Daily Market Report: 5th January 2022

 Key Highlights of the Day

• I-T refunds of Rs 1.50 lakh crore issued till January 3 this fiscal year
• Rahul Gandhi calls for reducing prices of petrol, diesel
• PM Modi’s Ferozepur rally cancelled after ‘security breach’, BJP hits out at Punjab CM
• Walmart to hire over 3000 US drivers as it expands home delivery
• Sony says to establish new electric vehicle company

SENSEX: 60223.15 (+367.22)  

NIFTY: 17925.25 (+120.00)

Nifty Bank: 37695.90 (+855.75)

NIFTY IT: 38609.15 (-761.55)

 

Top Gainers

Bajaj FinServ: 17988.40 (+4.98%)

Bajaj Finance: 7670.80 (+4.46%)

Kotak Mahindra: 1922.15 (+3.75%)

 

Top Losers

Tech Mahindra: 1737.55 (-2.92%)

Infosys: 1844.65 (-2.87%)

HCL Tech: 1310.75 (-1.70%)

Daily Market Update: 4th January 2022

 Key Highlights of the Day

• India to announces new policy to strengthen tourism sector
• India expects exports to hit $400 billion in 2021/22: Piyush Goyal
• Northeast will become driver of India’s growth: PM Modi
• Apple becomes first company to hit $3 trillion market value, then slips
• China central bank launches digital yuan wallet apps for android, iOS

SENSEX: 59855.93 (+672.71)  

NIFTY: 17805.25 (+179.55)

Nifty Bank: 36840.15 (+418.25)

NIFTY IT: 39370.70 (+246.85)

 

Top Gainers

NTPC: 132.90 (+5.48%)

ONGC: 147.80 (+3.32%)

Power Grid Corp: 210.60 (+2.73%)

 

Top Losers

Tata Motors: 489.60 (-1.61%)

Coal India: 153.00 (-1.48%)

Sun Pharma: 837.70 (-1.33%)

Daily Market Update: 3rd January 2022

 Key Highlights of the Day

• BPCL plans Rs 25000 crore green power push to be net zero on emissions by 2040
• India’s online education market is predicted to reach $3.5 billion by the end of 2022
• India’s December jobless rate hits four-month high of 7.9%, says think-tank
• Tata Motors outpaces Hyundai in December, becomes second largest carmaker
• Samsung announces world’s first 4K 240Hz gaming monitor ahead of CES 2022

SENSEX: 59183.22 (+929.40)  

NIFTY: 17625.70 (+271.65)

Nifty Bank: 36421.90 (+940.20)

NIFTY IT: 39123.80 (+422.80)

 

Top Gainers

Coal India: 155.30 (+6.33%)

Eicher Motors: 2718.80 (+4.90%)

Bajaj FinServ: 16981.30 (+3.51%)

 

Top Losers

Cipla: 930.50 (-1.44%)

Dr Reddy’s Labs: 4853.15 (-1.10%)

M&M: 829.80 (-0.88%)