Finance
Current News on the Share Market: Sensex, Nifty, and Share Prices Standouts: The main equity indices saw a dismal close to Tuesday’s trading session. The BSE Sensex down 237.72 points, or 0.37%, to 63,874.93, while the NSE Nifty 50 fell 61.30 points, or 0.32%, to close at 19,079.60. With the exception of Midcap stocks and Nifty Next 50, broader indices finished substantially in the negative. At 42,845.95, the Bank Nifty index dropped 193.20 points, or 0.48%. Among the other sectoral indexes, the Auto, Pharma, Metal, Private Bank, and IT stocks closed lower, while the Realty, Media, and PSU Bank stocks rose. ONGC, Sun Pharma, Eicher Motors, LTIMindtree, and Mahindra & Mahindra were among the laggards, while SBI Life Insurance Company, Titan Company, HDFC Life Insurance, Kotak Mahindra Bank, and Asian Paints were the leaders. The volatility index (India Vix) ended up 2.91%.
(Source: NSE)
Wall Street rallied on Monday, kicking off what promises to be a hectic week that includes a heavy earnings docket, economic data and the Federal Reserve’s two-day monetary policy meeting, reported Reuters.
The tech-heavy Nasdaq Composite surged 146.47 points or 1.16% to 12,789.48. The S&P 500 added 49.45 points or 1.20% to 4,166.82, while the Dow Jones Industrial Average climbed 511.37 points or 1.58% to 32,928.96.
Marico, TVS Motor, Castrol India, UPL, Colgate-Palmolive and APL Apollo Tubes are among top stocks to watch during Tuesday’s trading session.
