Domestic benchmark Indices fall due to rise in Covid cases in Asia & dip in Economic growth<\/p>\n
Influenced by heavy selling all over the globe due to uncontrollable surge in Covid-19 cases in Asia and declining economic growth rate, the domestic benchmark indices fell on Monday with
\nMetal and Bank stocks emerging as the biggest losers in the Market trade.<\/p>\n
The 30-share pack Sensex fell 586.66 points or 1.1 per cent to close at 52,553.40 while its broader peer NSE Nifty slipped 171 points or 1.07 per cent to end at 15,572.40.<\/p>\n
The equity investors lost Rs 1.16 lakh crore during the sell-off even as the total market capitalization of BSE-listed companies rose to Rs 234.46 lakh crore.<\/p>\n
Market Highlights :- <\/p>\n
\u2014 Tatva Chintan Pharma Chem subscribed 12.06x till now.<\/p>\n
\u2014 India VIX, the volatility barometer surged 8 per cent as nervousness caught up with investors.<\/p>\n
\u2014 Dishman Carbgen Amcis rose 7 per cent after Mukul Agarwal increased stake<\/p>\n
\u2014 Listing pops : Clean Science gained 76 per cent on the first day, GR Infra went up 109 per cent.<\/p>\n
\u2014 Realty, Pharma Stocks refuse to see the trend, respective sectoral indices close in Green.<\/p>\n
Among the top companies, NTPC emerged as the largest gainer, rising 2.02 per cent, followed by BPCL, Divi\u2019s Labs, Nestle India, Tata Consumer, Dr Reddy\u2019s Labs, Britannia, ITC and Sun Pharma.<\/p>\n
Among the losers in Nifty were HDFC Bank declining 3.28 per cent followed by IndusInd Bank, HDFC Life Insurance, Axis Bank, HDFC, Hindalco, Adani Ports, ONGC and Bajaj Finance. They all ended in the Red.<\/p>\n
Broader market indices ended mixed outperforming their headline peers. Nifty Smallcap gained 0.03 per cent and Nifty Midcap fell 0.81 per cent. Nifty 500, the broadest index on NSE, closed down 0.89 per cent.<\/p>\n
Market breadth was in favour of gainers as 1757 stocks ended in the green while 1571 others settled with cuts. A total of 520 securities hit the 52-week highs mostly from smallcap space.
\nTwentynine stocks hit the 52-week lows mostly from microchip space. A total of 620 stocks the upper circuit limits and 225 others lower circuit limits.<\/p>\n","protected":false},"excerpt":{"rendered":"
Domestic benchmark Indices fall due to rise in Covid cases in Asia & dip in Economic growth Influenced by heavy selling all over the globe due to uncontrollable surge in Covid-19 cases in Asia and declining economic growth rate, the domestic benchmark indices fell on Monday with Metal and Bank stocks emerging as the biggest […]<\/p>\n","protected":false},"author":3,"featured_media":6352,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,8,5],"tags":[115,211],"class_list":["post-6647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","category-india-inc","category-markets","tag-nifty","tag-sensex"],"aioseo_notices":[],"yoast_head":"\n