News18 on Nostr: Stock Market Updates: Sensex, Nifty Trade Flat; Adani Shares Weigh; India VIX Surges ...
Stock Market Updates: Sensex, Nifty Trade Flat; Adani Shares Weigh; India VIX Surges 14% - News18
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Domestic benchmark indices rose on Monday, led by gains in private banks and IT stocks. The S&P BSE Sensex was up 50 points at 73,975 levels, while the Nifty 50 was seen swinging between the zones amid added weakness in Adani shares. Among Sensex 30 shares, Kotak Mahindra Bank rallied 6 per cent post Q4 results. TCS, JSW Steel, Infosys, IndusInd Bank, Bharti Airtel, Mahindra and Mahindra and Sun Pharma were the other top gainers. On the other hand, Titan plunged 6 per cent post Q4 earnings. SBI, NTPC, Power Grid, Larsen & Toubro and Reliance Industries were the other major losers. The BSE MidCap and SmallCap indices were down nearly 1 per cent each. Nifty PSU was the top loser, down 4 per cent. Consumer Durables and Media were down 2 per cent each. The US jobs data for April has come lower-than-expected indicating weakening labour market and slowing economy. US unemployment has risen to 3.9% in April. The possibility of a rate cut by the Fed has brightened. Asian stocks saw an uptick as investors renewed their expectations that the Federal Reserve might implement rate cuts later this year. The yen experienced a decline following a significant surge last week. Wall Street experienced a significant uptick, buoyed by a milder-than-anticipated employment report.
#StockMarket #Sensex #Nifty #Adani #IndiaVix
https://www.news18.com/business/stock-market-updates-sensex-up-200-points-nifty-slips-into-the-red-india-vix-surges-13-8879232.html
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Domestic benchmark indices rose on Monday, led by gains in private banks and IT stocks. The S&P BSE Sensex was up 50 points at 73,975 levels, while the Nifty 50 was seen swinging between the zones amid added weakness in Adani shares. Among Sensex 30 shares, Kotak Mahindra Bank rallied 6 per cent post Q4 results. TCS, JSW Steel, Infosys, IndusInd Bank, Bharti Airtel, Mahindra and Mahindra and Sun Pharma were the other top gainers. On the other hand, Titan plunged 6 per cent post Q4 earnings. SBI, NTPC, Power Grid, Larsen & Toubro and Reliance Industries were the other major losers. The BSE MidCap and SmallCap indices were down nearly 1 per cent each. Nifty PSU was the top loser, down 4 per cent. Consumer Durables and Media were down 2 per cent each. The US jobs data for April has come lower-than-expected indicating weakening labour market and slowing economy. US unemployment has risen to 3.9% in April. The possibility of a rate cut by the Fed has brightened. Asian stocks saw an uptick as investors renewed their expectations that the Federal Reserve might implement rate cuts later this year. The yen experienced a decline following a significant surge last week. Wall Street experienced a significant uptick, buoyed by a milder-than-anticipated employment report.
#StockMarket #Sensex #Nifty #Adani #IndiaVix
https://www.news18.com/business/stock-market-updates-sensex-up-200-points-nifty-slips-into-the-red-india-vix-surges-13-8879232.html