News for BF Utilities Limited (BFUTILITIE.BO)

Stocks including GAIL (India), Vodafone Idea, NTPC, Concord Biotech, HAL, IRB Infrastructure, NTPC Green Energy and BPCL will be in the spotlight on Wednesday, April 09.

Nifty 50 components fluctuate with Hero Motocorp leading gainers and Tata Motors among laggards, Sensex and Nifty rise.

The Nifty Bank index was trading 0.68 per cent up at 52199.6.

BPCL, Shriram Finance, Bajaj Finance, M&M and Hero MotoCorp were among the top losers on NSE.

In the Nifty pack, 20 stocks were trading in the green, while 30 stocks were trading in the red.

The selling in this space intensified this week after capital market regulator SEBI raised concerns over the steep run in the midcap and smallcap stocks and the unprecedented inflows that these funds have also seen in the last one year.

While the Indian markets concluded the week on a positive note, concerns persist about its underlying stability

From here on, if Nifty has to sustain at higher levels, contribution from the heavyweight banking space is a must. Since it is struggling around the bearish gap, it is better to wait for further clarification to project higher levels in Nifty, says Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One.

On the sectoral front, BSE Realty index added 4 percent, BSE Telecom index rose 3.8 percent, BSE FMCG and Power indices gained 1.5 percent each.

The Nifty Auto index was trading 0.16 per cent down at 20220.8.

Grasim Inds., BPCL, Bharti Airtel, Titan Company and IndusInd Bank were among the top losers on NSE.

Coal India Ltd, L&T, Wipro, SBI Life and HDFC Life were among the top losers on NSE in today's trade.

The Nifty Realty index was trading 0.65 per cent down at 876.95.

The BSE Sensex ended the week up 1.86 percent or 1,239.72 points at 67,838.63, and Nifty50 gained 1.87 percent or 372.35 points to finish at 20,192.30

The selling from Foreign institutional investors (FIIs) continued in the eight consecutive week as they offloaded equities worth Rs 746.62 crore, while domestic institutional investors (DIIs) bought equities worth Rs 3,363.36 crore in this week.

Several BSE500, midcap, and smallcap stocks gained 15 to 50 percent in August. Increased investment by DIIs and strong quarterly performance of these companies are among the factors that boosted investor confidence, say analysts

BSE Sensex tanked 365.83 points, or 0.56 per cent, to settle at 64,886.51, while NSE's Nifty tumbled 120.90 points, or 0.262 per cent, to end the day at 19,265.80 for the day.

Among broader indices, BSE Small-cap index ended on a flat note, while BSE Large-cap Index fell 0.7 percent and Mid-cap Index shed 0.5 percent.

Market sentiment has been hit since the hawkish remarks on inflation by the Reserve Bank of India, and this got further dampened by the US Federal Reserves view that interest rates may need to harden further to bring down inflation.