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Tracking the momentum, the index is expected to reclaim its crucial psychological level of 8150 in trade today. Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 7900 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological support level of 7850 in trade today. Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 7,800 in trade today.

Hong Kong stocks suffer amid US$26 billion sell-off in Tencent and BYD – South China Morning Post

Hong Kong stocks suffer amid US$26 billion sell-off in Tencent and BYD.

Posted: Wed, 12 Apr 2023 07:00:00 GMT [source]

explainer how does negative rates of interest‘s blue-chip CSI 300 Index slid 0.15%, while the Shanghai Composite Index edged down 0.31% by the midday break. Hang Seng Index climbed 0.59%, while Hang Seng China Enterprises Index went up 0.69%, both snapping three straight days of losses. The Nikkei, which had hit an eight-month high on Tuesday, retreated 0.71% on Wednesday. Realty jumped more than a per cent and FMCG, PSU Bank, and Auto made reasonable gains. Investors will be keeping an eye on Friday’s U.S. payrolls report where any upside surprise will likely reinforce the Fed’s hawkish outlook. Economists polled by Reuters expect nonfarm payrolls to have increased by 200,000 jobs in October.

Pre-market: Nifty seen opening flat; may reclaim 8450 levels

The 30-share index was trading 535 points or 0.89% lower at 59,669 at around 9.20 AM. Option data suggests a broader trading range in between to zones while an immediate trading range in between to zones. The Nifty50 index rose 103 points or 0.60% to 17,407, while the S&P BSE Sensex surged 346 points or 0.59% to 59,308, as of 9.22 am.

Hang Seng IM unveils low carbon China A-share ETF – ETF Strategy

Hang Seng IM unveils low carbon China A-share ETF.

Posted: Sun, 02 Apr 2023 07:00:00 GMT [source]

The Nifty gives price movements of top 50 funds that are listed on the exchange, which is unlike Sensex which is for the top 30 companies that are listed on the Bombay Stock Exchange or BSE. In the year 2008, the market closed at the lowest price in the past 10 years due to the continued drop in the index which made the entire stock market uncertain of its future. This drop continued in the year 2009 when the index again dropped by 750 points due to the Satyam fraud.

Sensex, Nifty tanks over 0.12%; Infosys shares down 3% post Q4 result

In the broader market, Nifty Smallcap50 rose 0.10%, while Nifty Midcap50 dropped 0.20%. From the Sensex pack, ITC, and IndusInd Bank were the top gainers, rising about 3.5-5%. HUL, Infosys, Wipro, HCL Tech, TCS, ICICI Bank, and Kotak Bank also closed with gains. However, HDFC, NTPC, Bajaj Finance, Power Grid, and Tata Steel ended with cuts. From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%.

Nifty futures on the Singapore Exchange traded 82.50 points or 0.46% higher at 18,036, signalling a positive start for Dalal Street. In the Sensex pack, TCS and Infosys were the top laggards, falling about 1.5-2%. Asian Paints, HDFC, Tech Mahindra, HDFC Bank, HCL Tech and IndusInd Bank also opened with cuts. On the other hand Tata Motors, Tata Steel, Power Grid, M&M, Sun Pharma and Bajaj Finserv opened with gains.

Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 7900 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,450 in trade today. Tracking the momentum, the Nifty index is expected to retest its crucial support level of 8,420 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,250 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8350 in trade today. Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 8,200 in trade today.

Sensex or sensitive Index is calculated based on the free-float capitalization of all the 30 companies and the base value of Sensex. Now that we have basic knowledge of Sensex and Nifty, you may still have a lot of confusion between these indexes. Though they might look similar, there are a few differences that a stock marketer should know. Nifty is the Index used by the National Stock Exchange and is made by the combination of National and Fifty .

What is a Stock Market Index?

UltraTech Cement, L&T, Tata Steel, HDFC and Wipro also opened higher. Meanwhile, Bharti Airtel, TCS, NTPC and Sun Pharma opened with cuts. From the Sensex pack, Tata Steel, HDFC, ICICI Bank and HDFC Bank were the top gainers, rising about 0.5-1%. On the flip side, IndusInd Bank, Nestle, Kotak Bank, HCL Tech and Tech Mahindra opened with cuts.

Infosys share fall contributes 500 pts to Sensex 1,000-point selloff; other reasons behind the market decline – Business Today

Infosys share fall contributes 500 pts to Sensex 1,000-point selloff; other reasons behind the market decline.

Posted: Mon, 17 Apr 2023 07:00:00 GMT [source]

The statistical aggregate that measures change, such as market performance or price movement is the index. Based on specific market characteristics, market indices calculate or measure the value of a portfolio of holdings, and investors use the market indices to compare performance, and use them as the basis for managing their investment portfolios. Over the years, there have been some major fluctuations in the performance of the sensex and that has had effects on the Indian stock market. The main reasons for the fluctuation in the Sensex’s performance are the announcement of investor friendly policies by the company, announcement of investor friendly policies by the government, natural or manmade disasters and many more. Nifty or National Fifty is calculated based on the free float capitalization-weighted method of all the 50 companies. The price of the Index reflects the total market value of all the stocks in the Index relative to the base period on November 3rd, 1995.

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To determine the market trend, the market experts cannot calculate the performance of each listed stock. That would be time-consuming and impossible as thousands of stocks are listed, and by the end of the calculation, the market trends would have changed. Lastly, to compute Sensex, the free-float market capitalisation of those 30 companies shall be divided by the index divisor of 100. For calculating Sensex, it is first required to calculate the market capitalisation of each company applying the same formula as mentioned above. Secondly, to calculate the free-floating market capitalisation one needs to multiply the derived market capitalisation with a free-float factor. Emerging market shares have struggled in recent days as surging U.S. bond yields sucked much-needed capital out of Asia.

If Sensex is going upwards, the Indian economy is doing well and going upwards too. Sensex stands for sensitive index, which is the market index of the Bombay Stock Exchange. Nifty is the index for National Stock Exchange, also called Nifty 50 because it is based on the top 50, highly traded companies.

How to trade on BSE Sensex?

https://1investing.in/ reported a sharp rise of over 9,629 covid cases in the last 24 hours, the union health ministry data showed on Wednesday. The daily positivity rate has reached 5.38%, while the weekly positivity rate stood at 5.61%. Reliance Industries Ltd’s strategy to diversify and dominate a number of industries will boost spending and will also help mitigate its elevated capex needs, rating agencies said on Wednesday. By leveraging Brakes India’s strong distribution network and over 60 years of legacy, the company is diversifying into the engine oil space catering to both passenger cars and commercial vehicle segments. The Nifty 50 closed 45 points up at 17,813, while the S&P BSE Sensex closed at 60,300 a gain of 170 points. Twelve of the 15 Nifty sectoral indices ended in the green in today’s session.

We now know the basic differences between Sensex and Nifty, but how do you calculate them manually? This involves simple calculations, which makes it easy for you to understand the market trends. Sensex picks up 30 companies that are luring, performing, and best for the market.

It also likely limits the latitude central banks might have to relax monetary policy even if the economy slows, Deepak Jasani, Head of Retail Research at HDFC Securities, said. Trades internationally on EUREX and on the exchanges of Brazil, Russia, China and South Africa . It also has an international exchange India INX, which is India’s first international exchange. To understand the specifics of these two indices and the differences between them, let’s understand the concept of an index.

As a result, the stock exchanges devised the notion of indexes to make the procedure easier. A single glance at these indices is more than enough to tell which way the market is moving. The Bombay Stock Exchange and the National Stock Exchange are the two principal stock exchanges in India that are currently active. Both exchanges are entirely electronic, with a combined total of over 7,000 firms. Millions of trades take place on both of these exchanges every trading day.

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Investors are betting that the upcoming inflation report could show further deceleration, potentially giving the Fed room to slow the pace of interest rate rises, said Stephen Wu, economist at Commonwealth Bank of Australia. From the Sensex pack, IndusInd Bank, Bajaj Finserv, Bharti Airtel and UltraTech Cement were the top gainers, rising about 0.5-1%. Analysts expect headline CPI to rise 0.5% in January, with the core number seen advancing to 0.4% from 0.3% the previous month, according to a Reuters poll. On an annual basis, CPI likely eased to 6.2%, from 6.5% in December.

Asian shares subdued, dollar steady, focus on U.S. CPI data

Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 8,250 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,300 in trade today. It was established in the year 1875 and located in Dalal Street in Mumbai, India. It is Asia’s first and fastest stock exchange with a speed of 6 microseconds. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. As we know now, Sensex is a benchmark of the Indian stock market index.

MSCI’s gauge of Asia Pacific stocks outside Japan was up 0.02% at 0201 GMT, paring earlier losses. At current levels, the index is set to post its biggest monthly gain since April 1999. Investor attention will also be on the Bank of England and European Central Bank meetings due next week, with traders looking for clues as to when the central banks are likely to turn dovish. Elsewhere in Japan, core consumer prices in Tokyo, a leading indicator of nationwide trends, rose 4.3% in January from a year earlier, marking the fastest annual gain in nearly 42 years.

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Anyone who wants to enter the trading world and begin their journey in trading stocks in the market either individually or through a business needs to be familiar with the term sensex. Hence, to understand what sensex actually stands for and how it helps traders, let us have a look at the basic concept behind this market index and see how it is calculated. The Hang Seng Index serves as a standard market benchmark that reproduces the overall Performance of the Hong Kong stock market. The HSI was launched on 24 November 1969 and is one of the initial stock market indexes in Hong Kong.

Broader markets also performed in line with key indices, as Nifty Smallcap 250 gained 0.27 per cent, Nifty Midcap Select was up 0.24 per cent, while, Nifty Microcap 250 climbed 0.16 per cent. Despite the similarities they share by virtue of being broad-market indexes, there are a few pointers to Sensex vs Nifty that one ought to note. « The markets are focusing on when the Fed will raise rates next time or the pace of its rate hike, so the tone of Fed Chair Janet Yellen will be closely watched, » said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management. « We head into Tuesday on a distinct risk-off vibe, although the moves in equities are probably best described as `drift,` rather than a `spike` lower, » Chris Weston, chief market strategist at IG in Melbourne, wrote in a note. The Mirae Asset Hang Seng TECH ETF will be managed passively with investments in stocks in a proportion that match as close as possible to the weights of these stocks in Hang Seng TECH Index. The US market ended the overnight session in red – Dow Jones Industrial Average fell 0.59%, S&P 500 plunged 0.58% and the tech-heavy Nasdaq tumbled 0.52%.

For example, there is a fall in the share of one company, but a rise in another, these two will cancel each other out. You cannot buy the entire index directly, but buy each share on the index separately in equal quantities. The Sensex stocks are some of the top companies in the country, and by buying this, your portfolio looks well rounded as well as you become part owner of fantastic companies! Having said that, the index is just a measurement of the history and current performance of the stock market.

Stock market indices such as NIFTY and Sensex depict the stock market performance/condition. Investors can study the patterns of the stock market using these indices. The index comprises companies or stocks in a particular sector or industry. For example, stocks in industries like banking, healthcare, technology, etc.

This implicit leverage exposes the market and especially the client’s funds to risks. European shares dropped on Wednesday, tracking overnight losses on Wall Street, as recession fears resurfaced in the United States after downbeat data offset initial euphoria from solid earnings by tech giants Microsoft and Alphabet. China stocks edged lower on Wednesday, moving sideways as investors were cautious ahead of the upcoming May Day ‘Golden Week’ holiday, while persistent geopolitical tensions also weighed on sentiment. “The dominant trend impacting the near-term texture of the market is the sustained selling by FIIs for the eleventh time this month. Fed funds futures are still split on whether the Federal Reserve will hike or not at the next policy meeting in May, while pricing in a rate cut by Novemeber.

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