Daily Market Update: 11th March 2022

 Key Highlights of the Day

• IPO-bound LIC India's profit rises to Rs 235 crore in December quarter
• RIL shareholders approve transferring gasification assets into separate unit
• Nazara Technologies commits Rs 30 crore to Griffin Gaming Partners' second VC fund
• RBI directs Paytm Payments Bank to stop onboarding new customers, orders IT audit
• Ex-Finance Secretary Debasish Panda appointed chairman of IRDAI for 3 years

SENSEX: 55,550.30 (+85.91)  

NIFTY: 16,630.45 (+35.55)

Nifty Bank: 34,546.25 (+70.65)

NIFTY IT: 35,348.70 (-50.40)

 

Top Gainers

Cipla: 1,043.95 (+5.76%)

Sun Pharma: 902.00 (+3.73%)

BPCL: 362.00 (+3.72%)

 

Top Losers

Nestle: 17,327.45 (-1.82%)

Maruti Suzuki: 7,102.55 (-1.51%)

Tata Consumer Products: 716.45 (-1.07%)

Daily Market Update: 10th March 2022

 Key Highlights of the Day

• Colgate-Palmolive names former HUL executive director Prabha Narasimhan as CEO
• US inflation at fresh 40-year high, weekly jobless claims rise after consumer price surges in February
• Exide partners with Chinese Company SVOLT Energy to make lithium-ion batteries
• Tesla hikes China, US prices for Model 3 and Model Y cars
• South Korean conservative declares win in presidential race

SENSEX: 55,464.39 (+817.06)  

NIFTY: 16,594.90 (+249.55)

Nifty Bank: 34,475.60 (+660.15)

NIFTY IT: 35,399.10 (-41.45)

 

Top Gainers

HUL: 2,101.95 (+5.21%)

Tata Steel: 1,308.70 (+4.25%)

Grasim: 1,554.90 (+4.12%)

 

Top Losers

Coal India: 178.95 (-4.13%)

Tech Mahindra: 1,485.35 (-1.29%)

Dr Reddys Labs: 3,892.50 (-0.97%)

Daily Market Update: 9th March 2022

 Key Highlights of the Day

• DCGI's EUA nod to SII's Covovax for 12-17 years age group; Adar Poonawalla says younger age groups to follow shortly
• US is running bio-labs with plague and anthrax in Ukraine, says Russia
• Joe Biden orders government to study digital dollar, other cryptocurrency risks
• Russia-Ukraine Conflict | Europe faces pressure to join boycott of Russian oil and gas
• Ukraine crisis | Reliance's Jamnagar facility gearing up for diesel supply to Europe: Report

SENSEX: 52,647.33 (+1,223.24)  

NIFTY: 16,345.35 (+331.90)

Nifty Bank: 33,815.45 (+657.35)

NIFTY IT: 35,440.55 (+385.00)

 

Top Gainers

Asian Paints: 2,874.95 (+5.56)

Reliance: 2,354.10 (+5.31%)

Bajaj Finance: 6,427.50 (+5.04%)

 

Top Losers

Shree Cements: 21,964.65 (-2.74%)

ONGC: 175.60 (-2.07%)

Power Grid Corp: 208.10 (-2.00%)

Daily Market Update: 7th March 2022

 Key Highlights of the Day

• CAMS to buy fintech startup Fintuple
• PNB Housing Finance plans to raise around $400 million via rights Issue: Sources
• Sharing confidential info one of the major causes behind financial frauds, says RBI
• Russian assault on Ukraine rattles markets, Indian investors lose Rs 29 lakh crore since February
• Brent tests $139 on fears of ban on Russian oil; JPM fears $185 for crude in 2022

SENSEX: 52,842.75 (-1,491.06)  

NIFTY: 15,863.15 (-382.20)

Nifty Bank: 32,871.25 (-1,536.55)

NIFTY IT: 34,135.90 (-41.80)

 

Top Gainers

ONGC: 186.95 (+13.13%)

Hindalco: 619.75 (+6.16%)

Coal India: 188.70 (+4.25%)

 

Top Losers

IndusInd Bank: 834.40 (-7.48%)

Axis Bank: 667.55 (-6.64%)

Maruti Suzuki: 6,769.05 (-6.60%)