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The benchmark indices showed range-bound movement during morning trade, with the BSE Sensex down by 87.81 points at 80,553.26 and the Nifty slipping 16.55 points to 24,365.05.
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Markets witnessed sharp volatility in early trade, with the Sensex swinging between a high of 80,844.63 and a low of 79,937.48, while the Nifty fluctuated from a peak of 24,449.60 to a low of 24,220.
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The 30-share BSE Sensex jumped 386.95 points to reach 80,888.94 in early trading, while the NSE Nifty advanced 114.05 points to 24,460.75. Among the top performers on the Sensex were Adani Ports, Asian Paints, Bajaj Finserv, Tata Consultancy Services, Infosys, HDFC Bank, Power Grid, HCL Tech, Titan, and Tata Motors.
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A strong global market trend further bolstered investor sentiment, lifting equities. The 30-share BSE Sensex rallied 500.81 points to 80,743.05 in early trade, while the NSE Nifty advanced 110.65 points to 24,444.85.
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The 30-share BSE Sensex slipped by 232.51 points to 80,055.87 in early trade, while the NSE Nifty dropped 67.15 points to 24,268.80. However, both indices later clawed back their losses and moved into positive territory, with the Sensex rising 76.72 points to 80,365.10 and the Nifty gaining 23.30 points to reach 24,359.25.
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Domestic benchmark indices opened flat to positive in morning trade but turned red during intra-day trade. Sensex and Nifty fell by more than 1 per cent as uncertainty over India-Pakistan relations affected investors' sentiment
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The 30-share BSE benchmark rose by 329.23 points to reach 80,130.66 in early trading, while the NSE Nifty advanced 118.75 points to 24,365.45. However, both indices later reversed their gains and slipped into the red, with the BSE benchmark down 174.24 points at 79,627.19 and the Nifty lower by 94.35 points at 24,152.35.
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The 30-share BSE Sensex dropped 242.01 points to 79,874.48 in early trade, while the NSE Nifty slipped 72.3 points to 24,256.65. This comes after a strong seven-day rally, during which the Sensex surged by 6,269.34 points (8.48%) and the Nifty advanced 1,929.8 points (8.61%).
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Investor sentiment was further buoyed by strong buying in blue-chip IT stocks. In early trade, the 30-share BSE Sensex surged 658.96 points to 80,254.55, while the NSE Nifty climbed 192.05 points to 24,359.30.
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The 30-share BSE benchmark Sensex dropped 362 points to 76,682.29 in early trade, while the NSE Nifty slipped 129.75 points to 23,307.45. Among the major laggards from the Sensex pack were HCL Tech, Tata Steel, Tech Mahindra, Tata Consultancy Services, Larsen & Toubro, and Titan.
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Following a two-day sharp rally, the 30-share BSE benchmark Sensex slipped 165.3 points to 76,569.59 in early trade, while the NSE Nifty dropped 51.55 points to 23,277. Among the Sensex constituents, Maruti, Sun Pharma, NTPC, Tata Steel, Reliance, and Infosys emerged as the top losers.
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“With massive 104 per cent tariffs on China expected to take effect today, markets are in turmoil and uncertainty is at its peak. The future of global trade and the broader economy amid this chaos is still unclear,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
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Sensex nosedives over 5 per cent amid global market meltdown due to growing trade war concerns
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All Sensex constituents were in the red, with Tata Steel plunging over 8 per cent and Tata Motors sliding more than 7 per cent. Other major losers included HCL Technologies, Tech Mahindra, Infosys, Larsen & Toubro, Tata Consultancy Services, and Reliance Industries.
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Additionally, foreign fund outflows have dampened investor sentiment. In morning trade, the 30-share BSE Sensex dropped by 591.05 points, or 0.77%, to 75,704.31, while the broader NSE Nifty slipped 202.55 points, or 0.87%, to 23,047.55.
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The 30-share BSE Sensex fell by 252.8 points to 76,095.26 in early trade, while the NSE Nifty slipped 57.85 points to 23,132.80. However, both benchmark indices rebounded, erasing their initial losses and moving into positive territory. The Sensex climbed 205.09 points to 76,550.97, while the Nifty advanced 70.05 points to 23,262.55.
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The 30-share BSE Sensex climbed 478.13 points to reach 75,927.18 in early trade, while the NSE Nifty advanced 149.1 points to 23,056.70. Among the top gainers from the Sensex pack were Infosys, Tata Consultancy Services, Bharti Airtel, HCL Tech, Zomato, Tech Mahindra, Titan, and Mahindra & Mahindra.
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Foreign fund outflows, monthly derivatives expiry and weak global market cues pulls down Sensex and Nifty
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The 30-share BSE benchmark Sensex tanked 567.62 points to 74,743.44 in early trade
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The rupee is expected to trade in a range of 86.35-75 as the market gives opportunity for both exporters and importers to sell and buy their currencies: Anil Kumar Bhansali