India News

Sensex breaks 600 point, HDFC-Tata Steel shares fall

– Commercial- Trusted Teller

The Indian inventory market noticed a decline on Thursday 4 March. The Sensex and Nifty benchmark indices remained within the pink mark, weakening by about 1.10%. The market had climbed within the final three consecutive days. Let’s know what’s necessary out there

After the autumn, the BSE Sensex has come all the way down to 51,000. On the similar time, the NSE Nifty index additionally closed at round 15,100.

The massive issues of the enterprise of March 4 –

  • The BSE Sensex index misplaced 598 factors on Thursday. On the similar time, there was a weak spot of 157 factors within the NSE Nifty index.
  • Solely 5 shares closed within the inexperienced mark in 30 of the Sensex pack. In Nifty 50, 38 shares had been within the pink mark.
  • The IPO of MTAR Applied sciences was subscribed 9.12 instances on Thursday, at 3.26 pm on the second day. This subject is accessible to traders until 5 March.
  • Shares of Ultratech Cement, Adani Ports, Grasim and UPL set a brand new peak for his or her 52 weeks.
  • The Nifty Midcap 100 and the Smallcap 100 index closed with a bounce, staying in the wrong way of the Nifty. The smallcap index gained 0.49% whereas the midcap index gained 1.17%.
  • The Volatility Index (VIX) is up 24.33 after a soar of 9.33%.

Market Motion


Open – 15,026.75
Close – 15,088.30
Change- (-1.03%)
Excessive – 15,202.35
Low- 14,980.20


Open – 50,812.14
Shut – 50,846.08
Change- (-1.16%)
Excessive – 51,256.55
Low- 50,539.92

What was responsible for the decline out there?

The market was open within the morning amid weak alerts from international markets. This enhance in bond yields once more confirmed this course out there. Revenue reserving out there by international traders (FII) was the principle cause for the decline. The valuation of the market was additionally seen growing steadily for 3 consecutive days.

Which sectors carried out higher?

Most sector-based indices of the Nifty closed within the pink mark. Whereas monetary companies, financial institution index fell by 1.75%, the auto and IT sectors had a weak spot of round 0.5%. The metallic index was the weakest, down 2%. Pharma, FMCG, Realty Index closed flat.

Nifty-50 shares seen the quickest in these shares

Ultratech Cement (+ 3.92%)
Adani Ports (+ 2.97%)
Shree Cement (+ 2.91%)
Grasim (+ 2.66%)
Dr. Reddy Labs (+ 1.43%)

These shares of Nifty-50 are damaged.

JSW Metal (-2.95%)
HDFC (-2.64%)
Hindalco (-2.63%)
Tata Metal (-2.52%)
Tata Motors (-2.44%)

Shares which might be essentially the most lively –

Adani Ports, Reliance and Tata Motors had been the three most lively shares within the Sensex by worth. On the similar time, shares of Tata Motors, SBI and ONGC dominated by quantity.

What are the indicators for subsequent?

Within the coming days, the information associated to FII funding, bond yields will probably be affected. Traders may also be watching the information associated to Corona and the alerts from international markets. Traders ought to commerce rigorously out there.

Download Server Watch Online Full HD

Socially Keeda

Socially Keeda, the pioneer of news sources in India operates under the philosophy of keeping its readers informed. tells the story of India and it offers fresh, compelling content that’s useful and informative for its readers.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker