BSE News
The IT sector stock experienced heavy selling amid the tariff concerns. Nifty closed at 24,574.20, down 75.35 points or 0.31 per cent.
The private lender had suffered a dent in investor confidence after the recent Rs 2,000 crore accounting lapse.
Sensex closed at 81,018.72, up 418.81 points or 0.52 per cent. The 30-share index started the session with a decent gap-up at 80,765.83 against the last day's closing of 80,599.91. The index extended the momentum further following buying in IT, Metal and auto stocks and touched an intraday high of 81,093.19.
These companies span industries like food processing, energy, automobile, chemicals, and financial services, reflecting diverse market activity.
US President Donald Trump's 25 percent tariff announcement has triggered widespread concern among investors and raised fears of a slowdown in exports and overall business sentiment.
Among the sectoral indices, Nifty auto were the biggest laggard losing 0.54 per cent. Realty, oil, and gas lost around 0.30 per cent. Media and metal were in the green, gaining around 0.30 per cent each.
Sensex closed at 81,337.95, up 446.93 points or 0.55 per cent. The 30-share index started the session in red at 80,620.25 against the last session's closing of 80,891.02. However, the index soared following buying in heavyweights to touch an intraday high at 81,429.88.
Sensex closed at 80,891.02, down 572.07 points or 0.70 per cent. The 30-share index began the session in the negative territory at 81,299.97 against the last day's closing of 81,463.09. The index dragged down further to touch an intraday low at 80,776.44 amid selling in heavyweights, especially in the IT sector.
By FY28, the Indian index will be at a PE level of 21 times in the bull case and 19 times in the bear case with an estimated earnings-per-share (EPS) of 5,516 for Sensex and 2,089 for Nifty 50, the report stated.
Breaking the last session's gaining momentum, Sensex closed at 82,184.17, down 542.47 points or 0.66 per cent. The 30-share index started the session with a slight gain at 82,779.95 against the previous day's closing of 82,726.64.
Among sectoral indices, Nifty Bank settled 454 points or 0.80 per cent higher, Nifty Auto surged 203 points or 0.85 per cent and Nifty IT closed 92.60 points or 0.25 per cent up. Nifty FMCG declined.
Sensex settled at 82,200.34, up 442.61 points or 0.54 per cent. The 30-share index opened in green at 81,918.53 against last session's closing of 81,757.73. However, the index experienced a volatile session, hitting intra-day low at 81,518.66.
This week, a total of 93 companies are set to trade ex-dividend, offering investors an opportunity to earn dividend payouts. Major firms like LIC, Hero MotoCorp, and Union Bank of India feature prominently, along with a diverse set of companies across various sectors.
Sensex ended the session at 82,259.24, down 375.24 points or 0.45 per cent against last day's closing of 82,634.48. The 30-share index opened slightly up at 82,753.53, but dragged in negative territory amid selling in IT, and banking heavyweights like TCS, Infosys, and HDFC Bank. The index hit an intraday low at 82,219.27.
On the sectoral front, auto, pharma, FMCG, metal, realty, energy, infra and PSE were major gainers, while IT, PSU bank, financial services and media were major losers.
BSE Bomb Threat: A case has been registered against an unknown person in Mata Ramabai Ambedkar Marg Police Station under sections 351(1)(b), 353(2), 351(3), 351(4) of BNS, and further investigation has been initiated.
Major companies, such as HCL Tech, Nelco, Tata Technologies, Tejas Networks, AWL Agri Business, HDFC Life, Bank of Maharashtra, ITC Hotels, Axis Bank, HDFC AMC, Indian Hotels, Polycab, Wipro, and JSW Steel are scheduled to announce their Q1 results during the week.
The weekly chart showed rejection at higher levels, with the index failing to sustain above the crucial 57,000 mark.
Big names like HCL Technologies, HDFC Bank, HDFC Life Insurance, Tech Mahindra, JSW Steel, and Wipro will be in the spotlight, along with many others from banking, insurance, manufacturing, and tech sectors.
Both the Sensex and Nifty 50 fell for the third straight session, reflecting growing caution among market participants.
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