Friday, 8 April 2022

Daily Market Update: 8th April 2022

 Key Highlights of the Day

  • Revenue Secretary Bajaj warns FY23 tax collection growth may not be as robust as in FY22
  • RBI Monetary Policy: Soon, you can make cardless withdrawals from any bank’s ATM in India
  • RBI Credit Policy: Cheaper interest rates on home loans to continue for now
  • COVID-19 Booster doses for all adults from April 10: Health Ministry
  • Crisis-hit Sri Lanka hikes rates by record 7 percent

SENSEX: 59,447.18 (+412.23)

NIFTY 50: 17,784.35 (+144.80)

Nifty Bank: 37,752.05 (+194.70)

NIFTY IT: 35,394.45 (-28.75)

BSE Midcap: 25,303.39 (+233.58)

BSE Smallcap: 29,765.79 (+291.09)

 

Top Gainers

Grasim: 1,771.25 (+5.31%)

SBI Life Insurance: 1,160.45 (+4.65%)

ITC: 267.80 (+4.34%)

 

Top Losers

Cipla: 1,011.60 (-2.42%)

Tech Mahindra: 1,448.75 (-1.35%)

Maruti Suzuki: 7,557.95 (-1.08%)



Thursday, 7 April 2022

Daily Market Update: 7th April 2022

 Key Highlights of the Day

  • RIL legacy business to drive earnings in 2022, led by higher refining margins
  • Rajnath Singh releases 3rd list of weaponry to be banned for import to boost self-reliance in defence manufacturing
  • Hindustan Coca-Cola Beverages to set up 2nd plant in Telangana, to invest Rs 600 crore in 1st phase
  • Tata Motors bags order for 1,300 commercial vehicles from VRL Logistics
  • BSE Technologies gets SEBI nod to operate as KYC Registration Agency

SENSEX: 59,034.95 (-575.46)

NIFTY 50: 17,639.55 (-168.10)

Nifty Bank: 37,557.35 (-75.45)

NIFTY IT: 35,423.25 (-448.25)

BSE Midcap: 25,069.81 (-105.98)

BSE Smallcap: 29,474.70 (-221.24)

 

Top Gainers

Axis Bank: 792.10 (+2.38%)

Divis Labs: 4,448.45 (+1.40%)

HUL: 2,164.80 (+1.06%)

 

Top Losers

Adani Ports: 817.40 (-3.82%)

Titan Company: 2,458.35 (-3.22%)

HDFC: 2,462.70 (-2.89%)



Wednesday, 6 April 2022

Daily Market Update: 6th April 2022

 Key Highlights of the Day

  • Government defers proposal to merge BSNL, MTNL due to financial reasons
  • UN to vote on suspending Russia from Human Rights Council
  • Ukrainian President Volodymyr Zelensky slams European 'indecisiveness' over sanctions
  • India says trying to stabilise economic transactions with Russia
  • HDFC Bank plans to raise up to Rs 50,000 crore by issuing bonds

 

SENSEX: 59,610.41 (-566.09)

NIFTY 50: 17,807.65 (-149.75)

Nifty Bank: 37,632.80 (-435.10)

NIFTY IT: 35,871.50 (-595.05)

BSE Midcap: 25,175.79 (+103.35)

BSE Smallcap: 29,695.94 (+113.45)

 

Top Gainers

Coal India: 193.85 (+3.17%)

IOC: 126.05 (+2.77%)

NTPC: 153.00 (+3.90%)

 

Top Losers

HDFC Bank: 1,550.85 (-3.57%)

HDFC: 2,536.05 (-3.34%)

HDFC Life: 555.85 (-2.42%)

Tuesday, 5 April 2022

Daily Market Update: 5th April 2022

 Key Highlights of the Day

  • Government ready to launch LIC IPO in May, say sources
  • Passenger vehicle demand to witness moderate growth over next few quarters: Report
  • CAD may cross $100 billion in FY23 after hitting a nine-year high in October-December
  • PhonePe to double employee count by December
  • ED attaches Shiv Sena MP Sanjay Raut's assets in connection with alleged land scam

 

SENSEX: 60,176.50 (-435.24)

NIFTY 50: 17,957.40 (-96.00)

Nifty Bank: 38,067.90 (-567.30)

NIFTY IT: 36,466.55 (+23.65)

BSE Midcap: 25,072.44 (+317.86)

BSE Smallcap: 29,582.49 (+400.07)

 

Top Gainers

Adani Ports: 848.05 (+3.60%)

NTPC: 149.10 (+3.33%)

Tata Motors: 458.05 (+2.53%)

 

Top Losers

HDFC Bank: 1,608.25 (-2.93%)

Bajaj Finserv: 16,818.85 (-2.20%)

HDFC: 2,623.70 (-2.10%)



Monday, 4 April 2022

Daily Market Update: 4th April 2022

 Key Highlights of the Day

  • March sales down due to semiconductor scarcity; price hikes likely in April: Bajaj Auto
  • India's exports rise to record high of $418 billion in FY22
  • Elon Musk holds 9.2% passive stake in Twitter: SEC filing
  • Turkish inflation hits fresh record at 61.1%
  • States yet to get Rs 53,489 crore as FY22 GST compensation from Centre

 

SENSEX: 60,611.74 (+1335.05)

NIFTY 50: 18,053.40 (+382.95)

Nifty Bank: 38,635.20 (+1486.70)

NIFTY IT: 36,442.90 (+99.50)

BSE Midcap: 24,754.58 (+310.99)

BSE Smallcap: 29,182.42 (+483.01)

 

Top Gainers

HDFC Bank: 1,656.80 (+10.01%)

HDFC: 2,680.05 (+9.29%)

Adani Ports: 818.55 (+4.17%)

 

Top Losers

Infosys: 1,882.95 (-1.08%)

Tata Consumer Products: 788.10 (-0.22%)

Titan Company: 2,517.00 (-0.15%)