Share Market Highlights: Sensex ends 749 points higher, Nifty at 14,761; ONGC, PowerGrid, Titan top gainers
Stock Market Updates Today: Sectorally, all the indices were rising, with 1.8% rise in media, financial services, PSU Bank and private banking indices.
BusinessToday.In | March 1, 2021 | Updated 18:46 IST
Share Market News: Here s a look at the updates of the market action on BSE and NSE today
Sensex, Nifty Updates on March 1: Domestic equity benchmarks Sensex and Nifty registered significant gains on Monday and ended near day s high, tracking positive cues from positive global equities. Reversing from major sell-off during last week, Sensex ended 749 points higher at 49,849 and Nifty gained by 232 points to 14,761. The market also reacted to encouraging Q3 GDP data announced after market hours on Friday. Meanwhile, Markit Manufacturing PMI for February will be declared today, 1 March 2021. Last Friday, Sensex ended 1,939 points lower at 49,099 and Nifty fell by 586 points
Sensex logs sixth-biggest fall ever: Five factors behind the market crash today
Sectorally, all the other indices ended with major losses. PSU Bank, private and financial indices declined around 4-5% today
Rupa Burman Roy | February 26, 2021 | Updated 18:45 IST
Sellers outnumbered buyers. The market breadth, indicating the overall health of the market was negative on the BSE, with 1,020 shares rising, 1,902 shares falling and a total of 179 unchanged shares
Sensex fell 1,939 points on Friday, making it the sixth biggest single-day drop (pointwise) ever for the 30-share index. After three straight sessions of gains, the BSE benchmark ended 1,939 points lower at 49,099, amid heavy selling in global equities.
NSE s India VIX, a gauge of the market s expectation of volatility over the near term, fell 5.2 per cent to 22.89. Meanwhile, BSE s market capitalisation stood at Rs 206 lakh crore in today s session
The Nifty50 index has breached the crucial support of 14,753, which happened to be the previous top on the daily Chart. It has also violated the supports derived from 5, 10 and 20 days SMA. RSI oscillator has also exited overbought zone with negative divergence on the daily chart. However, we can not rule out the stock specific bullish moves. Current market setup is offering trading opportunities in both directions. As far as Nifty is concerned 15,000-15,100 is a zone, which should be utilized to lighten the trading long commitments. Support for the Nifty is seen at 14,336 odd levels, where 50 days EMA is placed.