Market Updates

Indian Stock Market at Close- Nifty ends below 18200, Sensex fell 336 pts

 

Indian Stock Market Closing Bell- Nifty ends below 18200, Sensex fell 336 pts

 

At the close, Nifty was down by 88.50 points or 0.48 percent and closed at 18178.10 while Sensex declined by 336.46 points or 0.55 percent and finished at 60923.50 levels. Bank Nifty was closed higher and outperformed the benchmark indices. Bank Nifty spot price gained 512 points or 1.30 percent and ended at 40030.20 levels.

The broader markets closed lower in line with their larger peers today. The Nifty midcap index fell 122.15 points or 0.39 percent and closed at 31356.15 levels. The Nifty smallcap index was down 89.85 points or 0.80 percent and closed at 11112.25 levels.

The five gainers in the Nifty 50 index were Kotak Bank, Tata Motors, Grasim, HDFC, and BPCL. The top five losers in the Nifty 50 index were Asian Paints, Hindalco, Infosys, Reliance, and TCS. The most active stocks in the Nifty 50 index in terms of value were Tata Motors, Reliance, and Kotak Bank. The most active stocks in the Nifty 50 index in terms of volume were Tata Motors, ONGC, and ITC.

On a sectoral front, Nifty PSU Bank, Banking, Financial Services, and Auto sectors closed in the green. The sectors that dragged the markets were IT, Metals, Realty, FMCG, and Consumer Durables.

 

Indian stock markets are trading lower, banks and financial stocks are in green

 

Indian market indexes are trading lower at this moment. Some cautiousness crept in, as India the world’s third-largest energy consumer and importer, warned of high oil prices hurting the nascent and fragile global economic recovery. Some support came in as US Special Presidential Envoy of Climate John Kerry said India’s goal of reaching 450 GW  of renewable energy (RE) by 2030 is doable as it has already crossed the 100 GW RE mark.

On the covid-19 vaccine front, Indian has crossed the 100 crore vaccines mark on Thursday 21 October 2021. Indian is the second country in the world that crossed the 100 crore vaccine mark after China. It took almost 9 months to administer 100 crore jabs, with 74% of the adult population having got the first dose and around 31% are fully vaccinated.

At 1 pm, the equity benchmark indices are trading in the red erased some intraday losses. Sensex is down by 0.56 percent while Nifty is trading lower by 0.48 percent at this time. The Bank Nifty spot is trading higher by 0.39 percent. The nifty midcap and smallcap are trading lower by 0.40 percent and 0.35 percent respectively.

On a sectoral front, Nifty PSU Bank, Financial Services, and Banking are trading in the green. On the other side, Nifty IT, FMCG, and Pharma sectors are trading in the red.

 

Indian stock markets are trading flat, PSU Banks are trading higher

 

Nifty chart 21 October

 

Indian stock market indexes opened higher on Thursday amid mixed global cues. Domestic markets erased all early gains after opening higher and are trading lower at this moment. Nifty today opened at 18382.70, up by 116.1 points while Sensex made a positive opening of 297.98 points at 61557.94 levels. The Bank Nifty spot price also opened higher by 158.35 points at 39676.55 levels.

At 10.15 am, the Indian equity benchmark indices are trading lower, Sensex is trading  0.31 percent down while Nifty is trading lower by just 0.22 percent. The Bank Nifty spot price is trading higher by 0.40 percent. The broader markets are trading in the red, the Nifty midcap and smallcap indexes are trading lower by 0.20 percent and 0.04 percent respectively.

IOC, BPCL, and ONGC are trading as the top gainers in the Nifty 50 index whereas Tech Mahindra, HCL Tech, and TCS are trading as the top losers.

On a sectoral front, Nifty PSU Bank, Media, Energy are trading as the top gainers whereas Nifty IT and FMCG sectors are dragging the market at this moment. 

 

Today’s Q2FY22 Results:

 

Asian Paints, JSW Steel, Biocon, Can Fin Homes, Container Corporation of India, ICICI Lombard General Insurance Company, IDBI Bank, Indian Energy Exchange, IIFL Securities, Indian Hotels, IndiaMART InterMESH, Heritage Foods, Jubilant Industries, Lemon Tree Hotels, LIC Housing Finance, Bank of Maharashtra, Mphasis, Trident, TVS Motor Company, etc

 

 

You can visit again this page to read more about Indian stock market live updates today 21 October 2021

 

You may also like to read, Nifty and Bank Nifty Prediction for Tomorrow, 21 Oct 2021

 

Happy Investing !!

Editor’s Desk