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The IT company Q3 results have left brokerages unimpressed
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The company's market valuation stood at Rs 3,541.97 crore
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Market will continue to be under pressure from the strong headwinds, say experts
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While Sensex dropped 284.12 points to 77,864.37, Nifty dipped 86.8 points to 23,602.15
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The Indian currency, however, capped the fall on the back of some recovery in domestic equity markets and receding crude oil prices overseas
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Benchmark indices open flat on selling in auto, PSU bank, financial service, pharma shares
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Sensex tanks 1,162.12 points to 79,020.08 in early trade, NSE Nifty tumbles 328.55 points to 23,870.30
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Forex traders say indication of some recovery in domestic equity markets prevented the fall in local unit
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IndusInd Bank plunges, foreign fund outflow goes unabated
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The BSE Sensex began trading at 81,611.07 after slipping 209.05 points or 0.26 per cent in early trade
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The 30-share BSE Sensex opened in the red, dropping 62.90 points, or 0.08%, to 81,548.51 in early trading. Similarly, the broader Nifty declined by 64.1 points to 24,934.35.
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Traders noted that market participants are keenly awaiting the Q2 earnings season, starting with Tata Consultancy Services, which is scheduled to release its results later today. In early trade, the 30-share BSE Sensex rose by 309.85 points or 0.38% to 81,776.95, while the NSE Nifty gained 90.70 points or 0.36% to reach 25,072.65.
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Later, both the benchmark indices faced volatility and were trading with marginal gains
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From 30 Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Sun Pharma, Tata Consultancy Services and Tata Steel were biggest gainers
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While 30-share BSE Sensex declines 212.54 points to 84,716.07 in early trade, NSE Nifty drops 52.2 points to 25,886.85
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The 30-share BSE Sensex surged 439.75 points to 83,624.55 in early trade, while the NSE Nifty rose 132.05 points to 25,547.85. Among the top gainers from the 30 Sensex firms were JSW Steel, Tata Steel, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finserv, and Maruti.
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The 30-share BSE Sensex dropped 130.24 points to 82,949.42, while the NSE Nifty fell 37.75 points to 25,380.80. Tech Mahindra, Infosys, TCS, HCL Technologies, Asian Paints, and Sun Pharma were the top losers among the 30 Sensex firms.
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The 30-share BSE Sensex fell by 281.74 points, closing at 80,902.19, while the NSE Nifty dropped 81.45 points to 24,770.70. Among the 30 Sensex companies, Adani Ports, Tata Steel, NTPC, Power Grid, Mahindra & Mahindra, and Tata Motors were the largest decliners.
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Forex traders noted that gains in the rupee were limited by rising international crude oil prices, a decline in domestic equity markets, and foreign capital outflows. On the interbank foreign exchange market, the rupee opened 1 paisa higher at 83.96 against the dollar, following a 4 paisa increase to 83.97 on Thursday.
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The 30-share BSE Sensex jumped 502.42 points to hit a fresh all-time high of 82,637.03 in early trade