Tag: Sensex

Ultratech Cement was the top performer in the Sensex pack, spurting 4.69 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Infosys, Bajaj Finserv and Bajaj Finance.

The rupee surrendered its early gains to trade 6 paise down at 76.60 against the US dollar on Tuesday as investors turned cautious ahead of the US Fed meeting amid growing uncertainty over the Russia-Ukraine conflict.

The rupee appreciated by 20 paise to close at 76.42 (provisional) against the US dollar on Thursday, supported by positive domestic equities and trends in state election results.

Sensex settled 2.3 per cent or 1,223 points up at 54,647 points, whereas Nifty 2.1 per cent or 332 points up at 16,345 points.

The rupee tanked 84 paise to close at its lifetime low of 77.01 (provisional) against the US dollar on Monday as intensifying geopolitical risks due to the Russia-Ukraine conflict pushed investors to safe haven assets.

From the 30-share pack, Maruti Suzuki, Mahindra & Mahindra, Larsen & Toubro and ICICI Bank were the biggest drag, tumbling up to 6.3 per cent.

Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 6,644.65 crore on a net basis on Thursday, according to exchange data.

Among stocks, Maruti Suzuki, Asian Paints, ICICI Bank, Bajaj Auto, and HDFC Bank were the top five losers in the opening session, declining 3.8 per cent, 3.8 per cent, 3.7 per cent, 3.6 per cent, and 3.3 per cent, respectively.

On the front of the stocks, Tata Motors, Indusind Bank, UPL, Tata Steel, and Adani Ports were the top five gainers among the Nifty 50 stocks in the opening session.

The rupee tanked 102 paise to close at 75.63 (provisional) against the US currency on Thursday as riskier assets took a hit after Russia launched military operations against Ukraine.

The Sensex was trading 1,015 points or 1.76 per cent lower at 56,668.60, and the Nifty quoted 285.40 points or 1.66 per cent lower at 16,921.25 -- extending their losses to the fifth session in a row.

Rising for the fifth straight day, the rupee extended gains by 11 paise to close at 74.55 (provisional) against the US dollar on Monday on the back of a weak dollar and softer crude oil prices amid hopes of a diplomatic solution to the Russia-Ukraine crisis.

Coming to the markets and the current global situation, it makes markets no different than what they were last week. Markets after a wild first two days are back to remaining circumspect and tentative.

The rupee appreciated by 39 paise to 74.67 against the US dollar on Friday on hopes of a diplomatic solution to the East-West standoff over Ukraine.

The rupee appreciated by 25 paise to close at 75.07 (provisional) against the US dollar on Wednesday, amid signs of de-escalation in the conflict between Russia and Ukraine.