Sensex share price

2023 - 1 - 27

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Image courtesy of "Business Standard"

Rout in Adani group shares, banks drag Sensex 874 pts, Nifty ends ... (Business Standard)

Closing Bell: Adani Enterprises and Adani Ports were the leading Nifty losers, which ended 18 and 15 per cent lower, respectively. SBI, ICICI Bank, IndusInd ...

[Read here](https://www.business-standard.com/article/markets/adani-group-stocks-sink-up-to-20-clsa-sees-limited-risk-to-banks-123012700202_1.html) [Check technical outlook](https://www.business-standard.com/article/markets/f-o-check-shorts-rise-at-adani-counters-ael-may-hit-rs-2-600-level-123012700590_1.html) [Read more](https://www.business-standard.com/article/companies/market-regulator-sebi-increases-scrutiny-of-adani-group-deals-sources-123012700620_1.html) [Tata Motors](/topic/tata-motors)(up 6 per cent), Bajaj Auto (up 5.8 per cent) and Dr Reddy's (up 3 per cent) firmly resisted Friday's market crash on strong Q3 earnings. [Q3 results](/topic/q3-results) [MARKET WRAP](/topic/market-wrap) [Adani Group](/topic/adani-group)companies through US-traded bonds and non-Indian-traded derivative instruments and accused the group of stock manipulation and accounting fraud. SBI, ICICI Bank, IndusInd Bank were next in line sinking up to 5% -

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Image courtesy of "Zee Business"

Stock Market HIGHLIGHTS: Sensex plunges 1648 pts in two days ... (Zee Business)

Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 suffered sharp loses on Friday, amid selling pressure across financial, ...

8) Official data released on Thursday showed the US economy expanded 2.9 per cent in the quarter ended December 2022, slower than the growth rate of 3.2 per cent registered in the previous three months. The latest GDP data on the world's largest economy comes amid fears of at least a mild recession this year. Elevated valuations of Adani groups stocks have been a concern for investors. As of Wednesday, FIIs have net sold Indian shares to the tune of Rs 5,377 crore in four back-to-back session, though their domestic counterparts continue to lend support to the market, with net purchases of Rs 4,468 crore, according to provisional exchange data. Adani Total Gas is the top loser. SBI, ICICI Bank, IndusInd Bank, ONGC, Bharat Petroleum, Kotak Mahindra Bank and Hindalco were some of the other worst hit stocks in the 50-scrip pocket. Buying by DIIs stood at Rs 24,159 crore whereas FIIs sold equities worth Rs 14,231 crore. Most economists think the world's largest economy will slow further in the quarter ending March 2023, and eventually slide into at least a mild recession by midyear. Do not trade in futures and options without thoroughly understanding how derivatives really work, warns Anil Singhvi. During the session, both headline indices plummeted around two per cent. Foreign institutional investors have again taken to persistent selling of Indian shares after intermittent buying for a few days earlier this month. However, losses in financial, oil & gas and metal shares though gains in auto and select FMCG shares lent some support.

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Image courtesy of "Zee News"

Stock Market Highlights: Sensex Nifty tumble over 1% on selling in ... (Zee News)

The 30-share BSE benchmark tanked 874.16 points or 1.45 per cent, its biggest single day slide in more than a month, to settle at 59330.90.

Wall Street ended a choppy session higher on Thursday as investors grappled with an onslaught of economic data and a string of mixed corporate earnings, while eyeing the clock as it ticks down toward next week's Federal Reserve monetary policy meeting. The rupee moved in a range of 81.50 to 81.58 in early trade. At the interbank foreign exchange market, the rupee opened higher at 81.51 against the previous close of 81.61 on Wednesday. Foreign Institutional Investors (FIIs) were net sellers in the capital market on Wednesday as they sold shares worth Rs 2,393.94 crore, according to exchange data. With large of RM benefit now part of P&L (~70% gross margins expansion was led by RM softening), we expect the same to stabilize ahead. Stock Market Live Updates: Yes Securities Gives BUY Recommendation to CEAT (4) We maintain ‘Add’ rating on INBK with a revised price target of Rs 345. It reported sequential revenue growth of 19.3% QoQ, led by 11.6% QoQ increase in revenue of esports (contributing 48% to revenue) and 34.4% QoQ increase in the revenue of Gamified Early Learning. Margin levers in the form cost synergy from Curatio acquisition, lower freight expenses exist, and we expect OPM to improve and hover around 32% mark in FY24 on back of ~10% topline growth. Similarly, the broader NSE Nifty declined 287.60 points or 1.61 per cent to 17,604.35 It finally settled at 81.53, a rise of 8 paise against the previous close of 81.61 The group's flagship Adani Enterprises, which launched the 20,000 crore FPO on Friday, tanked 18.52 per cent.

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Image courtesy of "Financial Express"

Share Market Highlights: Nifty settles below 17610, Sensex tanks ... (Financial Express)

Banking stocks were among the worst hit on Friday as Sensex and Nifty tumbled 2% each. The Bank Nifty, PSU Bank and Private Bank indices were the top losing ...

Smallcap index fell less than the Nifty though the advance-decline ratio fell to 0.34:1. The Bank Nifty, PSU Bank and Private Bank indices were the top losing sectoral indices on the NSE. The stocks of Adani Group tanked up to 20% on Friday. On the higher end, resistance is visible at 42,000.” – Kunal Shah, Senior Technical Analyst at LKP Securities. Bank Nifty crashed 1000 pts or 2.3% to 40,681.35 amid negative sentiment in the domestic market. Continuing the sell-off seen on Wednesday, Adani Enterprises shares fell more than 3% to Rs 3,282 on Monday, Adani Ports fell 4%, Adani Power hit 5% lower circuit. Bank Nifty, PSU Bank and Private Bank are the top losing sectoral indices. Banking stocks were among the worst hit on Friday as Sensex and Nifty tumbled 2% each. “Indian markets witnessed a fresh bout of selling today on the back of market participants evaluating the impact of the recently released report by US short-seller Hindenburg Research on Adani Group. Adani shares were in the line of the fire following the Hindenburg report accusing the group of serious irregularities. Nifty has closed below the crucial support of 17,761, which happened to be the multiple bottom support in the last 6 weeks. Besides, the index has sustained below the crucial moving average of 50 EMA.

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Image courtesy of "ABP Live"

Stock Market Crash: Sensex Tanks Over 1000 Points, Nifty Trades ... (ABP Live)

Stock update: On the 30-share Sensex platform, ICICI Bank, SBI, Axis Bank, Asian Paints, IndusInd Bank, HDFC twins, Reliance declined sharply and were ...

In the previous session on Wednesday, the S&P BSE Sensex tanked 774 points (1.3 per cent) to close at 60,205 after it recovered from its intra-day low of 60,081. Also, Adani Ports and Special Economic Zone fell 5.31 per cent, Adani Wilmar dipped 5 per cent and Adani Power declined 4.99 per cent. Oil & gas pocket shed the most with a fall of 5 per cent. On the flip side, only four stocks were trading in the positive territory – Tata Motors, ITC, Sun Pharma, and Tata Steel. In the broader markets, the BSE MidCap and SmallCap indices lost 0.6 per cent and 0.9 per cent, respectively. Shares of Adani Total Gas plummeted 19.65 per cent, Adani Transmission tumbled 19 per cent, Adani Green Energy plunged 15.50 per cent and Adani Enterprises tanked 6.19 per cent on the BSE.

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Image courtesy of "Livemint"

Here is why Sensex is down about 1000 pts today | Mint (Livemint)

According to a report by Samco Securities, markets do not perform well ahead of the Budget due to fear and anxiety among investors but after the Budget Day ...

The market has been in a free fall today. The benchmark indices started the day lower and deepened the cuts during the day. - In afternoon, Sensex was down 966.85 points, or 1.61%, at 59,238.21 and Nifty was at 17,584.10, down 307.85 points, or -1.72%

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Image courtesy of "India Today"

Sensex crashes over 1000 points: What's making Dalal Steet nervous? (India Today)

The benchmark indices, BSE Sensex and NSE Nifty50, crashed over 2 per cent during Friday's trading session. A huge spike in volatility has severely impacted ...

Meanwhile, several other analysts asked investors not to indulge in panic selling as facts stated by the Hindenburg report are yet to be proven. When a selloff of this kind of magnitude is seen in a very short span of time, investors sell other stocks where they are in the money,” he said. In response, the US short-seller said it stands by its report and said any legal action against it would be “meritless”. Adani Group said it plans legal action against Hindenburg Research for its report. Adani Ports and Adani Enterprises were the worst performers on the Nifty 50, plunging more than 20% each during intraday trade. The bloodbath on Dalal Street has been triggered by a massive drop in shares of listed Adani Group companies.

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Image courtesy of "Economic Times"

Stock market update: Nifty Pharma index advances 0.55% (Economic Times)

NEW DELHI: The Nifty Pharma index closed on a positive note on Friday. Shares of Dr Reddys Laboratories(up 2.69 per cent), Divis Laboratories(up 1.55 per ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) [Startups say Google Employing ‘Delaying Tactics’, Policy Tweaks ‘Cosmetic in Nature’](/epaper/delhicapital/2023/jan/27/et-front/startups-say-google-employing-delaying-tactics-policy-tweaks-cosmetic-in-nature/articleshow/97360692.cms) On the other hand, Glenmark Pharmaceuticals(down 4.41 per cent), Granules India(down 1.77 per cent), Ipca Laboratories(down 1.26 per cent), Torrent Pharmaceuticals(down 1.24 per cent) and Sanofi India(down 0.73 per cent) finished as the top losers of the day. [Insurance Bill may not be Introduced in Budget Session](/epaper/delhicapital/2023/jan/27/et-front/insurance-bill-maynot-be-introduced-in-budget-session/articleshow/97360683.cms) Shares of Dr Reddys Laboratories(up 2.69 per cent), Divis Laboratories(up 1.55 per cent), Natco Pharma(up 1.36 per cent), Cipla(up 1.16 per cent) and Gland Pharma(up 1.05 per cent) ended the day as top gainers in the pack.

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Image courtesy of "Telegraph India"

Sensex, Nifty go into a tailspin after report on Adani group, FII caution (Telegraph India)

"Indian benchmark equity gauges Sensex and Nifty hit their over three month lows on Friday, dragged by massive selling mainly in Adani group and banking stocks.

In two days, the Adani group firms have lost a whopping Rs 4,17,824.79 crore from their market valuation. The group's flagship Adani Enterprises, which launched the Rs 20,000 crore FPO on Friday, tanked 18.52 per cent. Mahindra & Mahindra advanced 0.71 per cent. "Indian benchmark equity gauges Sensex and Nifty hit their over three month lows on Friday, dragged by massive selling mainly in Adani group and banking stocks. The market valuation of Ambuja Cements declined by Rs 23,311.47 crore, Adani Power by Rs 10,317.31 crore, ACC by Rs 8,490.8 crore and Adani Wilmar by Rs 7,258.7 crore. "This is also affecting the banking stocks even though the results of the sector are optimistic due to high group lending, indicating potential risk. PSU banks are the most impacted compared to private banks owing to high exposure. Adani Ports plunged 16 per cent, Adani Power by 5 per cent, Adani Green Energy by 19.99 per cent, and Adani Total Gas by 20 per cent. This is the lowest closing level since October 21. In the broader market, the BSE smallcap gauge tanked 1.89 per cent and midcap index fell by 1.29 per cent. The FIIs' cautious stance ahead of the Union Budget and FOMC meetings also fuelled the collapse." ICICI Bank by 4.41 per cent, IndusInd Bank by 3.43 per cent, Axis Bank by 2.07 per cent, Kotak Bank by 2.03 per cent, HDFC Bank by 1.96 per cent, Reliance by 1.9 per cent and HDFC by 1.87 per cent.

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Image courtesy of "Livemint"

Bloodbath on D-Street continues as Sensex down by 1200 pts, Nifty ... (Livemint)

BSE Sensex fell by 874.16 points, or 1.45 percent, to 59330.90, while Nifty 50 was at 17604.35, down 287.60 points, or 1.61 percent.

BSE Sensex fell by 874.16 points, or 1.45 percent, to 59,330.90, while Nifty 50 was at 17,604.35, down 287.60 points, or 1.61 percent Bloodbath on D-Street continues as Sensex down by 1,200 pts, Nifty near 17,5004 min read .

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Image courtesy of "Economic Times"

Stock market update: Nifty IT index falls 0.92% (Economic Times)

The Nifty IT index closed 0.92 per cent down at 29766.45. Benchmark NSE Nifty50 index ended down 287.6 points at 17604.35, while the BSE Sensex stood down ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) [Startups say Google Employing ‘Delaying Tactics’, Policy Tweaks ‘Cosmetic in Nature’](/epaper/delhicapital/2023/jan/27/et-front/startups-say-google-employing-delaying-tactics-policy-tweaks-cosmetic-in-nature/articleshow/97360692.cms) On the other hand, Tech Mahindra(down 2.0 per cent), Infosys(down 1.55 per cent), Wipro(down 0.87 per cent), LTIMindtree Ltd(down 0.71 per cent) and HCL Technologies(down 0.64 per cent) finished as the top losers of the day. [Insurance Bill may not be Introduced in Budget Session](/epaper/delhicapital/2023/jan/27/et-front/insurance-bill-maynot-be-introduced-in-budget-session/articleshow/97360683.cms) Shares of Coforge(up 0.5 per cent) and MPhasis(up 0.12 per cent) ended the day as top gainers in the pack.

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Image courtesy of "Economic Times"

Stock market update: Stocks that hit 52-week lows on NSE in today's ... (Economic Times)

Adani Ent., Adani Ports SEZ, SBI, ICICI Bank and IndusInd Bank were among the top losers on NSE in today's trade.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) [The Economic Times News App](https://etapp.onelink.me/tOvY/feefac97) to get Daily Market Updates & Live Business News. [Startups say Google Employing ‘Delaying Tactics’, Policy Tweaks ‘Cosmetic in Nature’](/epaper/delhicapital/2023/jan/27/et-front/startups-say-google-employing-delaying-tactics-policy-tweaks-cosmetic-in-nature/articleshow/97360692.cms) [Insurance Bill may not be Introduced in Budget Session](/epaper/delhicapital/2023/jan/27/et-front/insurance-bill-maynot-be-introduced-in-budget-session/articleshow/97360683.cms) The government is likely to put on hold the Insurance Laws (Amendment) Bill, 2022, following demands from the industry for major changes, including dropping the composite licence provision, which allows insurers to undertake general and health insurance via a single entity.

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