The NSE Nifty 50 and BSE Sensex opened lower on Tuesday. The Nifty 50 opened 0.51% lower at 22,345.95 and the Sensex opened 0.50% down at 73,743.88. ICICI Bank Ltd., Bharti Airtel Ltd. and Sun Pharmaceutical Industries Ltd. gained the most in the Nifty 50, while IndusInd Bank Ltd. was dragging the index the most. Infosys Ltd., HEG and Adani Ports were also among the buzzing stocks in trade around midday.
India's benchmark indices fell sharply, with Sensex down 1.59% and Nifty 1.62%, driven by broad-based selling and cautious investor sentiment over Human Metapneumovirus (HMPV) cases and global economic uncertainties, including the Fed's hawkish stance and strong dollar.
As many as 15 stocks hit their 52-week lows today. BSE 500 stocks such as Prince Pipes and Fittings Ltd and Tata Technologies Ltd hit their respective one-year low levels. That said, 250 stocks touched their one-year high levels today.
Among the various measures SEBI has introduced recently, only the one concerning weekly options has been implemented so far. Notably, after a "sell on rallies" approach for most of November, the December series has shifted to a "buy on dips" strategy, fueling more risk-on trades as the series progressed. This partly explains the sharp movements seen on expiry day, said James
Nov 15, 2024 / 09:00AM GMTOperator Good day, ladies and gentlemen. Welcome to the HEG Limited Q2 FY25 results conference call organized by SKP Securities Limite