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Ahead of Market: 10 things that will decide D-Street action on Monday
The Economic Times· 2025-11-23 11:16
Market Overview - The Indian market ended lower due to profit-taking, with the Sensex and Nifty near record highs, led by declines in banking heavyweights ICICI Bank and HDFC Bank [1][2] - The S&P BSE Sensex dropped 400.76 points, or 0.47%, closing at 85,231.92, while the NSE Nifty 50 declined 124 points, or 0.47%, settling at 26,068.15 [1][12] Market Sentiment - Market sentiment was bearish, with 2,898 out of 4,338 stocks traded on the BSE declining, while only 1,278 advanced [11] - A soft manufacturing PMI reading, a weakening INR, and concerns over potential delays in India–US trade discussions contributed to the cautious market tone [3][12] U.S. Market Influence - Better-than-expected U.S. non-farm payroll data dampened expectations for a December rate cut, impacting Indian market sentiment [2][12] - U.S. stocks rallied sharply, with the S&P 500 climbing 64.89 points, or 0.99%, and the Dow Jones Industrial Average surging 505.03 points, or 1.08% [6][12] Technical Analysis - A bearish Harami pattern formed on the hourly chart of the Nifty, indicating further weakness in the coming sessions [8][12] - Resistance for the Nifty is placed at 26,166, while a decline could extend towards the 25,920–25,900 zone [9][12] Active Stocks - HDFC Bank was the most active stock in value terms at Rs 1,752 crore, followed by Kotak Mahindra Bank and Adani Wilmar [10][12] - In volume terms, Vodafone Idea led with 74.6 crore shares traded, followed by JP Power and YES Bank [10][12] Stock Performance - Over 87 stocks reached their 52-week highs, including Bharti Airtel and RIL, while 225 stocks hit their 52-week lows [10][12] - Notable selling pressure was observed in stocks like JP Power and GE Vernova T&D India [10][12]
Stock markets end with marginal gains in volatile trade
Rediff· 2025-11-13 11:49
Market Performance - The benchmark indices Sensex and Nifty ended on a flat note after a three-day rally, with Sensex gaining 12.16 points (0.01%) to close at 84,478.67 and Nifty rising 3.35 points (0.01%) to finish at 25,879.15 [1][3][4] - During the trading session, Sensex reached a high of 84,919.43 and a low of 84,253.05 [3] Sector Performance - Among the gainers in the Sensex pack were Asian Paints, ICICI Bank, PowerGrid, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, Sun Pharmaceuticals, Maruti Suzuki India, Axis Bank, UltraTech Cement, and HCL Technologies [4] - Conversely, laggards included Tata Motors' commercial vehicles arm, Mahindra & Mahindra, Tata Steel, Bharat Electronics Ltd, Tata Motors Passenger Vehicles, Trent, Tata Consultancy Services, Hindustan Unilever, and Infosys [5] Investor Sentiment - Investor sentiment was positively influenced by the signing of a short-term funding bill by Trump to end the US government shutdown and expectations of tariff relief for India [6] - Record-low October inflation figures bolstered expectations for an interest rate cut by the Reserve Bank of India (RBI), making rate-sensitive sectors like metals and realty attractive to investors [6] Foreign and Domestic Investment - Foreign institutional investors (FIIs) were net sellers for the third consecutive day, offloading equities worth ₹1,750.03 crore [9] - In contrast, domestic institutional investors (DIIs) continued their buying spree, purchasing stocks worth ₹5,127.12 crore [10] Global Market Context - Asian markets showed positive performance, with indices such as Shanghai's SSE Composite, Hong Kong's Hang Seng, Japan's Nikkei 225, and South Korea's Kospi ending higher [8] - Brent crude oil prices declined by 0.29% to $62.53 per barrel [8]
Stock markets end with marginal gains amid volatile trade, foreign fund outflows
The Hindu· 2025-11-13 11:24
Market Overview - Stock markets experienced a three-day rally that fizzled out, with benchmark indices Sensex and Nifty ending flat amid choppy trading on November 13, 2025 [1] - The BSE Sensex closed with a slight gain of 12.16 points, or 0.01%, at 84,478.67, while the NSE Nifty rose by 3.35 points, or 0.01%, to 25,879.15 [1][2] Sector Performance - Among the gainers in the Sensex pack were Asian Paints, ICICI Bank, PowerGrid, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, Sun Pharmaceuticals, Maruti Suzuki India, Axis Bank, UltraTech Cement, and HCL Technologies [2] - Conversely, laggards included Tata Motors' commercial vehicles arm, Mahindra & Mahindra, Tata Steel, Bharat Electronics Ltd, Tata Motors Passenger Vehicles, Trent, Tata Consultancy Services, Hindustan Unilever, and Infosys [3] Economic Indicators - The market sentiment was positively influenced by the signing of a short-term funding bill by Trump to end the U.S. government shutdown and hopes for tariff relief for India [4] - Record-low October inflation figures reinforced expectations of an interest rate cut by the Reserve Bank of India (RBI), making rate-sensitive sectors like metals and realty attractive to investors [5] Foreign Investment Trends - Foreign institutional investors were net sellers for the third consecutive day, offloading equities worth ₹1,750.03 crore, while domestic institutional investors purchased stocks worth ₹5,127.12 crore [7] - The previous day, the BSE Sensex had rallied by 595.19 points, closing at 84,466.51, and the NSE Nifty climbed 180.85 points to close at 25,875.80 [7]
Markets consolidate in narrow band as profit-booking continues after three-day rally
BusinessLine· 2025-09-19 08:47
Market Overview - Markets traded in a narrow range with the Nifty 50 declining by 64.85 points or 0.26% to 25,358.75 and the Sensex dropping by 289.47 points or 0.35% to 82,724.49 during the afternoon session [1] - The indices opened marginally lower, with the Nifty starting at 25,410.20 and the Sensex at 82,946.04, reflecting cautious market sentiment [2] Gainers and Losers - Adani group stocks led the gainers, with Adani Enterprises surging 6.87% to ₹2,567 and Adani Ports climbing 3.18% to ₹1,457.70 [3] - On the losing side, HCL Technologies declined 1.48% to ₹1,471.70, followed by ICICI Bank falling 1.27% to ₹1,403.70 [4] Sector Performance - Sector-wise performance was mixed, with the Nifty Financial Services index declining 0.61% to 26,531.50 and the Nifty Bank index falling 0.44% to 55,472.60 [5] - Mid-cap stocks showed resilience, with the Nifty Midcap 100 gaining 0.15% to 59,141.50 and the Nifty Next 50 advancing 0.59% to 69,710.55 [5] Market Breadth - Market breadth remained balanced with 2,006 advancing stocks against 2,034 declining stocks on the BSE, and 185 stocks unchanged [6] - A total of 152 stocks hit 52-week highs while 50 touched 52-week lows, indicating a mixed sentiment in the market [6] Technical Analysis - Technical analysts noted profit-booking pressure after the recent rally, with key support levels at 25,325 and 25,150, while resistance remains around 25,500-25,600 [7] - Option data suggests a balanced tug-of-war between bulls and bears, with Call writers defending higher levels and Put writers supporting lower zones [7]