Become a logicalchat Member

Latest Post

How to Reduce Mortgage Payments in Canada?

Managing mortgage payments is a top priority for homeowners in Canada. For many, a mortgage represents the largest monthly expense. Reducing these payments can...

Your story starts here. Sign up and let's connect in ways that truly matter!

HomeUncategorizedSensex, Nifty Finish Higher; BSE MidCap, SmallCap Indexes Surge 0.8%.

Sensex, Nifty Finish Higher; BSE MidCap, SmallCap Indexes Surge 0.8%.

Sensex, Nifty Extend Gains, Nifty Metal saw 1.5% gains, followed by FMCG, Auto, and Pharma at 1% each. Nifty IT saw losses at 0.8%, with Nifty Realty and Nifty PSU Bank following at 0.4% and 0.3% respectively.

Sectors and stocks

Sensex surged over 260 points, while Nifty ended above 22000 mark, with Nifty Metal leading gains, followed by FMCG, Auto, Pharma, and Nifty IT.

Global equity markets surge amid Fed rate cuts, driven by US jobless claims surge, reaching nine-month high. Analysts predict Fed may cut rates this year pending inflation easing.

May 13 Forecast

Indian markets remain positive, but a sell-on rally is emerging due to domestic premium valuation, election jitters, weak financials, and inflation concerns. FIIs remain sellers, and US tariff actions on Chinese EV companies will attract market attention.

Key benchmark indices ended positive due to strong overseas market cues, but investor sentiment remains cautious with intra-day volatility, and potential election news could trigger a massive sell-off.

The markets rebounded after a sharp decline, closing with modest gains. Metal, energy, and FMCG sectors were top performers, while IT and realty sectors saw declines. Broader indices also saw modest gains. It’s advised not to overestimate a single day’s pause until the Nifty surpasses 22,400.

FII Bought-2,117.50 Cr
DII Bought2,709.81 Cr
as per last trading session

Indian Market Stocks

Sensex260.30+0.36%72,664.47
Nifty 5097.70+0.44%22,055.20
Nifty Bank-66.80-0.14%47,421.10
as per closing Bell

Market Movers

BPCL26.50 4.48TCS-66.30 -1.67%
NTPC9.45 2.73%Cipla-19.25 -1.42%
Power Grid Corp7.60 2.57%LTIMindtree-50.35 -1.08%
Hero Motocorp112.50 2.36%Infosys-14.65 -1.02%
JSW Steel19.05 2.28%Kotak Mahindra-15.15 -0.92%
as per closing Bell

Must read book about investing – check here

Sensex Sensex Sensex

Sensex After four weeks of increases, Sensex and Nifty fell 2% for the first time After four weeks of increases, Sensex and Nifty fell 2% for the first time

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert

Record High Record High Record High Record High Record High Record HighrRRecord HighRecord Highecord Highockets

Market Rally Halts Market Rally Halts Market Rally Halts Market Rally Halts

stor Alarm

Related Post