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Nifty 50, Sensex today: What to expect from Indian stock market in trade on March 10 amid US-Iran war
Nifty 50, Sensex today: The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,397 level, a premium of nearly 275 points from the Nifty futures’ previous close.
Nifty IT slumps 6%, Infosys, TCS stocks crash up to 8% as Accenture guidance cut sparks sell-off
Nifty IT slumped as much as 6 percent on Friday morning after Accenture cut revenue growth guidance, with the stocks of Infosys, Tech Mahindra and TCS falling up to 8 percent and emerging as the top losers on benchmark Nifty 50 index.
LIVE: Nifty fails to hold 24,000; metals outperform | Closing Bell
Markets ended lower, snapping a two-day winning streak, with benchmark indices pressured by weakness in financials and select heavyweight stocks. The Sensex declined over 300 points, while the Nifty failed to hold above the crucial 24,000 mark. Market breadth remained weak, with decliners outnumbering advancers by nearly two-to-one on the BSE, reflecting broad-based selling. Investor caution was also evident as the India VIX climbed around 5%, indicating a pickup in volatility expectations. On the sectoral front, pharma and metal stocks bucked the trend, with the Metal index snapping a three-session losing streak. Banking stocks remained under pressure, dragging the Bank Nifty below the 58,000 mark. Among the Nifty 50 gainers, Dr Reddy's, Max Healthcare and Trent led the advances, while Kotak Mahindra Bank, Mahindra & Mahindra and IndiGo were among the biggest losers of the session.
Sensex Today | Stock Market Live: Sensex jumps 230 pts, Nifty above 23,900; KPIT Tech slips 10% on softer Q1 outlook
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices extended the opening gains and trading around 23950. Except metal, all other sectoral indices are trading in the green with auto, FMCG, media up 1-1.5%. Nifty Midcap index trade flat and Smallcap index up 0.4%. Titan Company, M&M, Eternal, Sun Pharma, Bajaj Auto were among major gainers on the Nifty, while losers were Bajaj Finserv, HDFC Life, Coal India, Tech Mahindra, Interglobe Aviation.