Indian equity markets came off day's highs after turning positive as the Reserve Bank of India (RBI) retained the FY23 GDP growth forecast at 7.2 per cent. Sectorally, Banks, Financials, Metals, PSBs and Realty indices held strong gains on the Nifty. While, Auto, Pharma, FMCG and Consumer Durables were subdued.
Indian benchmark indices extended losses on Tuesday, tracking subdued sentiment overseas. The BSE Sensex fell 700 points, while the NSE Nifty 50 slipped below 16,400. Sectorally, consumer durables, financials, auto, realty, and banks led losses on the Nifty, down up to 2 per cent.
Benchmark indices held minor cuts in Monday's session, tracking weakness in global markets as investors feared steeper rate hikes by the US Fed. Besides, the RBI, too, is scheduled to announce its rate hike decision on Wednesday.
Benchmark indices were trading with marginal gains amid subdued global sentiment. A total of 60 stocks touched 52-week high on BSE, while over 30 scrips were at fresh lows.
Indian benchmark indices were trading flat on Wednesday as IT, and auto stocks saw selling pressures. Both BSE Sensex and the NSE Nifty50 were fluctuating between gains and losses in volatile trading. The broader markets, meanwhile, outperformed the two indices.
Indian benchmark indices were trading with gains on Friday, tracking upbeat cues from overseas. The BSE Sensex was up around 300 points at 54,530, and the NSE Nifty was 100 points higher at 16,250. The broader markets were outperforming the benchmarks.
Indian benchmark indices held marginal losses in noon deals as Asian Paints and IT stocks witnessed selling pressure. Private banking stocks, however, traded with firm gains. The BSE Sensex was down 200 points at 53,846, while the NSE Nifty 50 slipped below the 16,100 level.
Indian equity markets were trading red on Wednesday as benchmark indices gave up early morning gains in noon deals. The BSE Sensex was down 114 points at 54,203, and the NSE Nifty50 fell 25 points to 16,233.