Friday, 18 February 2022

Daily Market Update: 18th February 2022

 Key Highlights of the Day

  • Coal India needs urgent increase in prices as subsidiaries gasp for survival: Chairman
  • India's GDP likely to grow at 5.8% in October-December: SBI Report
  • Vedanta to invest up to $20 billion in semiconductor business in India, roll out by 2025
  • Softbank-backed FirstCry takes baby steps towards over $1-billion IPO, appoints Kotak & Morgan Stanley
  • Multiplexes record increase in occupancy, expect this financial year to be the biggest for films

SENSEX: 57,832.97 (-59.04)  

NIFTY: 17,276.30 (-28.30)

Nifty Bank: 37,599.20 (+67.55)

NIFTY IT: 34,483.10 (-151.00)

 

Top Gainers

Coal India: 167.30 (+2.61%)

SBI Life Insurance: 1150.50 (+2.14%)

HDFC: 2441.15 (+1.22%)


Top Losers

ONGC: 7045.95 (-2.24%)

Cipla: 909.10 (-2.06%)

Divis Labs: 4,353.40 (-2.00%)


Thursday, 17 February 2022

Daily Market Update: 17th February 2022

 Key Highlights of the Day

  • Govt signs MoU with Alliance Air to boost tourism in India

  • Russia misleads world on troop movements near Ukraine: NATO

  • NestlĂ© Q4 Results | Profit falls 20 percent to Rs 386.6 crore, revenue increases to Rs 3,739 crore

  • Govt announces step one of National Hydrogen mission to boost green hydrogen, ammonia manufacturing

  • RBI becomes net seller of US dollar in December; sells $2.92 billion

SENSEX: 57,892.01 (-104.67)  

NIFTY: 17,304.60 (-17.60)

Nifty Bank: 37,531.65 (-422.15)

NIFTY IT: 34,634.10 (-167.80)

 

Top Gainers

Tata Consumer Products: 720.35 (+2.76%)

HDFC: 2411.80 (+2.03%)

ONGC: 171.75 (+1.90%)


Top Losers

UltraTech Cement: 7045.95 (-1.85%)

ICICI Bank: 750.35 (-1.79%)

Axis Bank: 782.80 (-1.79%)


Wednesday, 16 February 2022

Daily Market Update: 16th February 2022

 Key Highlights of the Day

  • Yes Bank founder Rana Kapoor gets bail from Mumbai's Special PMLA Court
  • Asian emerging market central banks may not chase Fed in raising rates: Report
  • BPCL divestment will be successful like Air India privatization: Minister Hardeep Singh Puri
  • FMCG sales set to see recovery in February, indicates data
  • Market ends lower amid high volatility; PSU banks drag, realty gains

SENSEX: 57,996.68 (-145.37)  

NIFTY: 17,322.20 (-30.25)

Nifty Bank: 37,953.80 (-216.30)

NIFTY IT: 34,801.95 (-111.35)

 

Top Gainers

Divis Labs: 4,465.15 (+3.22%)

Adani Ports: 740.75 (+2.80%)

ONGC: 168.55 (+2.68%)


Top Losers

Power Grid Corp: 196.30 (-3.51%)

NTPC: 133.20 (-1.59%)

ICICI Bank: 764.05 (-1.55%)


Tuesday, 15 February 2022

Daily Market Update: 15th February 2022

 Key Highlights of the Day

  • World Bank warns developing nations of post-COVID fragility in financial sector
  • Russia-Ukraine Crisis: India advises citizens, particularly students, to leave temporarily as tension mounts

  • Bond yields down 5 basis points on rate hike delay, inflation woes and weak factory output

  • RBI underestimating inflation, 50 bps hike by Fed not a done deal: Morgan Stanley's Chetan Ahya

  • SpiceJet reports surprise profit of Rs 42.45 crore in December quarter

SENSEX: 58,142.05 (+1736.21)  

NIFTY: 17,352.45 (+509.65)

Nifty Bank: 38,170.10 (+1261.55)

NIFTY IT: 34,913.30 (+1032.65)

 

Top Gainers

Tata Motors: 504.00 (+6.90%)

Eicher Motors: 2,724.00 (+5.96%)

Shree Cements: 24,909.20 (5.60%)


Top Losers

Cipla: 921.85 (-3.46%)

ONGC: 164.15 (-1.23%)


 

Monday, 14 February 2022

Daily Market Update: 14th February 2022

Key Highlights of the Day

  • Tatas name Ilker Ayci as CEO & MD of Air India
  • Vedanta ties up with Foxconn to manufacture semiconductors in India
  • CPI inflation jumps to 6.01% in January 2022, highest in seven months
  • India VIX jumps over 20% amid Ukraine-Russia tensions, experts expect higher volatility to stay

  • Indian shares tumble 3% on growing Russia-Ukraine tensions

SENSEX: 56,405.84 (-1747.08)  

NIFTY: 16,842.80 (-531.95)

Nifty Bank: 36,908.55 (-1608.70)

NIFTY IT: 33,880.65 (-498.40)

 

Top Gainers

TCS: 3,733.75 (+1.05%)


Top Losers

JSW Steel: 626.55 (-6.68%)

HDFC Life: 557.30 (-6.39%)

ITC: 219.45 (-5.59%)