Selling dominated the market for the 5th consecutive day, Sensex slipped below 50,000, Nifty closed at 14,675 level

03:35 PM

Profit booking continued to dominate the market for the fifth consecutive day, due to which the market closed in red. The Sensex has lost 1145 points, or 2.25 per cent, to close at 49,744.32. At the same time, the Nifty has lost 306 points, or 2.04 per cent, to close at 14,675.70. FEAR INDEX INDIA VIX has closed up over 14%. Small-medium stocks also saw pressure today. The BSE midcap index closed 1.34 percent down and the smallcap index 1.01 percent.

In today’s trade, 40 out of 50 stocks of Nifty have closed down, while 28 out of 30 stocks of Sensex have slipped and 10 out of 12 stocks of Nifty Bank dominated.

02:50 PM

Cessanx is operating at 50,026.80 level, losing 862 points. At the same time, the Nifty has lost 242 points and is seen at 14738 level. Mid and smallcap stocks are also under pressure.

02:05 PM

IT stocks are seeing the most weakness. NIFTY IT INDEX has slipped below 50 DEMA. FNO is seeing a decline in all 8 IT stocks. TECH MAHINDRA has dropped the most by 4 percent. TCS, WIPRO, COFORGE have seen a weakness of 2 to 3 percent.

01:53 PM

Metal stocks have shone even in weak markets. HIND COPPER has risen 16% since copper prices reached 9-year highs on LME. After the announcement of POLICY to give more DEVIDEND, HINDALCO is also trading on LIFE HIGH. Steel stocks are also seeing strong action.

01:45 PM

Profit booking dominates for the fifth consecutive day in the market. NIFTY has slipped below 14800. At the same time, Cessanx is trading by slipping 966 points. FEAR INDEX INDIA VIX grew by over 11%. RIL, HDFC, TCS and ICICI BANK have created market pressure

01:00 PM

The process of weakness in the market did not stop. The market has broken for the fifth consecutive day. The Nifty has fallen nearly 200 points to below 14800. HDFC, RIL, ITC and TCS have put pressure on the market. PSU BANK and Auto shares are seeing the most decline.

12:40 PM

INDUSIND BANK। INDUSIND BANK has reduced MCLR. The bank has reduced the 1-year MCLR by 0.05 per cent.

12:25 PM

BMC COMMISSIONER, in its official statement, appealed citizens not to rush in Mumbai. It is also advised to avoid weddings and heavy crowded celebrations.

12:15 PM

BANK OF INDIA। Bid for sale of 7 NPAs worth Rs 629 crore.

12:00 PM

L&T। Large orders have been received in the range of Rs 2500-5000 crores. The company has received large orders for different businesses such as power transmission, distribution.

11:45 AM

TATA MOTORS। The price of the new Safari has started from Rs. 14.69 lakhs.

11:35 AM

Market decline has increased. The market is trading at a day’s low. All the indices of the BSE except metal have fallen. 33 out of 50 stocks of the Nifty are falling. At the same time, 22 out of 30 stocks of Sensex are seen falling.

11:25 AM

DR REDDYS। The LANSOPRAZOLE drug has been launched in the US market. Lansoprazole DR Orally Disintegrating drug launched in US market. The company has launched a drug related to the treatment of stomach ache and food pipe.

11:15 AM

The rupee has gained strength. The rupee is trading at a high of around 52 weeks.

11:05 AM

Intellect Design Arena। An order for a digital transformation has been received from Bank Rakyat, Indonesia.

11:00 AM

The shares of TATA GROUP are getting a good look. TATA STEEL and TINPLATE ran from 4 to 5 percent. TATA METALIKS, TATA CHEMICAL is also seeing good shopping.

10:50 AM

JUBILANT FOOD is buzzing after big shopping. The stock has run over 4 per cent. The company bought about 33% stake in DP Eurasia for Rs 250 crore. DP Eurasia is Domino’s master franchisee in Turkey, Russia, Azerbaijan and Georgia.

10:40 AM

Finance Minister Nirmala Sitharaman will have an important meeting with government companies in a short time. Cash positions and CAPEX PLANs may be discussed. Prior to the meeting, PSU STOCKS like SAIL, ONGC, NMDC, HPCL ran 2 to 4 per cent.

10:30 AM

Action has increased in defense shares. BHARAT DYNAMICS and HAL ran 2 to 4 percent today. Today, Prime Minister Modi will address the defense webinar on the budget announcements.

10:25 AM

Hindi COPPER has risen 13 per cent to a two-and-a-half-year high due to rising copper prices on LME. HINDALCO also appears on the new peak. Steel stocks are also seeing strong action. Due to this, the metal index is showing a rise of more than 2 percent.

10:15 AM

Market decline has increased. Cessanx is trading at 50,469.93 levels, losing 420 points. At the same time, the Nifty is trading near 14,882, falling 100 points. 36 out of 50 stocks of the Nifty have been seen falling. 23 out of 30 stocks of Sensex dominate the decline.

09:40 AM

GLENMARK PHARMA। Swiss unit has received marketing approval from Russian Health Min. Marketing approval for Nasal Spray Ryaltris has been received. Ryaltris will be available in Russia until Q1FY22.

09:24 AM

The market seems to be functioning in a red mark. Sensex is down by 156 points at 50,704.60 level. The Nifty is trading around 14,937.70, losing 45 points. Mid and smallcap stocks are also seeing a slight decline.

08:00 AM

Strategy on nifty

Virendra Kumar of CNBC-Awaaz says that its registration zone is 15084-15130 and the larger registration zone is 15184-15205. The base zone is 14907-14869 and the larger base zone is 14801-14777. Domestic data is weak but quite different from the global setup. Profit in BTST trade before 15084-15130 because 15084-15130 level is important in Nifty, if it turns out then the level of 15184-15205 will also be seen. 15084-15130 If not sold, sell. There is technical support on first base below 15000 and option support is seen on second base.

07:50 AM

Finance Minister Nirmala Sitharaman will have an important meeting today with government companies. Cash position and CAPEX PLAN can be discussed in the meeting.

07:40 AM

CM Uddhav Thackeray’s big decision has come on the growing corona in Maharashtra. Maharashtra CM has banned all kinds of programs. Appealing to people to wear masks, they said that the next 8 days are very important for prevention. Not wearing a mask will attract a fine of one thousand rupees. Amravati has a week long lockdown.

07:30 AM

Jubilant Food has done a big shopping. The company has bought about 33% stake in DP Eurasia for Rs 251 crore. DP Eurasia is Domino’s master franchisee in Turkey, Russia, Azerbaijan and Georgia.

07:20 AM

Jet Airways can fly again in 6 months. The new owner of the company, Murari Lal Jalan, said – negotiations are underway to lease the aircraft. The slot issue is also expected to be sorted out.

07:10 AM

FTSE has announced a change to ALL WORLD INDEX. 10 major companies including RIL PP, ADANI GAS, BHARTI AIRTEL have joined it in the index. With the introduction of REBALANCING from 19 March, inflow of 6500 crores is possible in India.

07:00 AM

On the first day of the week, there are good signs from the global market. DOW FUTURES is up nearly 75 points in the US. Asia also has a strong start. SGX NIFTY is seeing a jump of more than quarter percent.

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