Daily Market Update: 1st April 2022

 Key Highlights of the Day

• We've started buying Russian oil, have bought at least 3-4 days of supply: FM
• GST collections hit record high of Rs 1.42 lakh crore in March
• 30% tax on cryptocurrency income to come into effect from today
• Energy Prices in Europe Soar 45% as Inflation Hits Another Record
• IEA to hold emergency meeting to tackle soaring oil prices

 

SENSEX: 59,276.69 (+708.18)

NIFTY 50: 17,670.45 (+205.70)

Nifty Bank: 37,148.50 (+774.90)

NIFTY IT: 36,343.40 (+26.20)

BSE Midcap: 24,443.59 (+335.62)

BSE Smallcap: 28,699.41 (+483.76)

 

Top Gainers

NTPC:142.95 (+5.89%)

BPCL: 374.40 (+4.19%)

Power Grid Corp: 225.05 (+3.81%)

 

Top Losers

Hero MotoCorp: 2,240.15 (-2.35%)

Tech Mahindra: 1,487.10 (-0.82%)

SBI Life Insurance: 1,113.35 (-0.72%)

Daily Market Update: 31st March 2022

 Key Highlights of the Day

• Govt makes no changes to small savings schemes interest rates for April-June
• Sri Lanka runs out of diesel, faces longest-ever blackout
• US, South Korea seen resuming major military drills as North Korea tensions rise
• Rising Wages Could Complicate America’s Inflation Cool-Down
• Current account deficit jumps to $23 billion in Oct-Dec, highest in 9 years

SENSEX: 58,568.51 (-115.48)

NIFTY: 17,464.75 (-33.50)

Nifty Bank: 36,373.60 (+39.30)

NIFTY IT: 36,317.20 (-146.35)

 

Top Gainers

JSW Steel: 732.65 (+2.10%)

Britannia: 3.206.40 (+1.84%)

M&M: 806.55 (+1.66%)

 

Top Losers

Hindalco: 569.50 (-5.05%)

Divis Labs: 4,402.05 (-3.01%)

Wipro: 591.90 (-1.48%)

Daily Market Update: 30th March 2022

 Key Highlights of the Day

• Axis Bank to acquire Citibank's India consumer business for $1.6 billion
• RBI releases MPC's meeting schedule for FY23, first meet next week
• 3% DA hike for central govt employees gets Cabinet nod
• Russia proposes SWIFT alternative to India for Ruble payments
• Pakistan PM Imran Khan loses majority after key ally sides with Opposition ahead of no-trust vote

SENSEX: 58,683.99 (+740.34)

NIFTY: 17,498.25 (+172.95)

Nifty Bank: 36,334.30 (+486.90)

NIFTY IT: 36,463.55 (+316.80)

 

Top Gainers

Bajaj Finserv: 17,128.90 (+3.80%)

HDFC Life: 542.30 (+3.69%)

TATA Consumer Products: 765.85 (+3.05%)

 

Top Losers

ONGC: 162.00 (-5.26%)

Hindalco: 599.80 (-4.99%)

JSW Steel: 717.55 (-4.82%)

Daily Market Update: 29th March 2022

 Key Highlights of the Day

• Rs 1,000 crore bogus expenses detected in I-T raid on Hero MotoCorp; stock slides 7%
• HDFC Bank to infuse Rs 3 crore to acquire stake in debt resolution firm IDRCL
• Hemani Industries files draft papers, to raise Rs 2,000 crore via IPO
• India to build Sri Lanka wind farms after China pushed aside
• UK military intelligence says Russia still poses significant threat to Kyiv

SENSEX: 57,943.65 (+350.16)

NIFTY: 17,325.30 (+103.30)

Nifty Bank: 35,847.40 (+136.90)

NIFTY IT: 36,146.75 (+120.70)

 

Top Gainers

Eicher Motors: 2,480.50 (+4.22%)

Adani Ports: 761.95 (+3.39%)

Divis Labs: 4,561.60 (+3.28%)

 

Top Losers

Hero Motocorp: 2,210.65 (-7.04%)

ONGC: 171.00 (-3.03%)

Coal India: 186.00 (-2.75%)

Daily Market Update: 28th March 2022

 Key Highlights of the Day

• SEBI orders three-day window for investors in Ruchi Soya FPO to withdraw applications
• SBI Life insurance launches block deal, Canada Pension Fund to sell 0.56% stake at Rs 1039-1077 apiece
• Aurobindo Pharma acquires business and certain assets of Veritaz Healthcare for Rs 171 crore
• Pakistan Opposition tables no-confidence motion against Prime Minister Imran Khan
• China’s economy faces new blow from Shanghai lockdown

SENSEX: 57,593.49 (+231.29)

NIFTY: 17,222.00 (+69.00)

Nifty Bank: 35,710.50 (+300.40)

NIFTY IT: 36,026.05 (-126.25)

 

Top Gainers

Bharti Airtel: 733.05 (+3.34%)

Coal India: 191.25 (+2.77%)

Axis Bank: 736.00 (+2.05%)

 

Top Losers

UPL: 780.75 (-2.23%)

Nestle: 16,860.05 (-1.75%)

Dr Reddys Labs: 4,285.45 (-1.74%)