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Stock Market Highlights: Sensex sheds 1,416 pts, Nifty50 cracks below 15,850 amid broad sell-off but ITC shines

Stock Market Highlights: Sensex sheds 1,416 pts, Nifty50 cracks below 15,850 amid broad sell-off but ITC shines

Stock Market Highlights: Sensex sheds 1,416 pts, Nifty50 cracks below 15,850 amid broad sell-off but ITC shines
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Summary

Stock Market Highlights: It was the worst day for Indian equity benchmarks BSE Sensex and NSE Nifty50 in more than two months on Thursday, amid a sell-off as concerns resurfaced about rising inflation and its impact on world economic growth. Losses across sectors pulled the headline indices lower, with financial, IT, oil & gas and auto shares being the biggest drags. Broader markets also bled, with the Nifty Midcap 100 and Nifty Smallcap 100 indices falling almost three percent each. ITC bucked the trend with a gain of 3.4 percent after the company reported its financial results.

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May 19, 2022 6:50 PM
May 19, 2022 4:17 PM

Outlook on IT company growth not as bad as market is making it look: Nischal Maheshwari

Nischal Maheshwari, CEO-Institutional Equities at Centrum Broking, tells CNBC-TV18 that earnings for the January-March quarter do not show the kind of rout the stocks are seeing at the moment. 

He prefers largecap stocks to midcap ones in the IT basket. 

May 19, 2022 4:12 PM

Rupee ends at 77.73 vs US dollar 

On Wednesday, it had settled at 77.58 against the greenback. 

Stock Market Highlights: Sensex sheds 1,416 pts, Nifty50 cracks below 15,850 amid broad sell-off but ITC shines
May 19, 2022 4:02 PM

Closing Bell | Sensex, Nifty50 post biggest single-day fall in over two months amid global sell-off

Here are some highlights: 

--Nifty IT posts biggest single-day fall in 2 years

--Volatility index surges over 10 percent to near 2-month high

--Top five Nifty losers IT stocks: Wipro, HCL, Infosys, Tech Mahindra, TCS 

--ITC gains after co reports better-than-expected earnings

--Dr Reddy’s posts operational beat, stock edges higher

--Market breadth firmly favours bears, advance-decline ratio at 1:5

Stock Market Highlights: Sensex sheds 1,416 pts, Nifty50 cracks below 15,850 amid broad sell-off but ITC shines
May 19, 2022 3:41 PM

UK imposes fresh sanctions on Russian airlines including state-owned

May 19, 2022 3:16 PM

Punjab and Sind bank's share rise by 0.45 points

May 19, 2022 3:06 PM

Nifty plunges below 15,800 mark 

May 19, 2022 2:54 PM

GST system far from adequate to the important task, SC judgement in the line with my May 28, 2021 comments: TN Finance Minister P Thiaga Rajan

May 19, 2022 2:38 PM

Ratan Tata expresses grateful appreciation to the Supreme Court for its judgement in the Tata-Mistry case

May 19, 2022 2:25 PM

Main indices in US Futures witness decline like their Indian counterparts

May 19, 2022 2:12 PM

Hero Moto recovers from its intra-day fall

May 19, 2022 2:04 PM

Infosys falls by 87 points

May 19, 2022 1:52 PM

Shares of Godrej Consumer Products declined session as Street is expecting company’s margin to be flat in the Q4 of the FY21 

Stock Market Highlights: Sensex sheds 1,416 pts, Nifty50 cracks below 15,850 amid broad sell-off but ITC shines
May 19, 2022 1:39 PM

Dr Reddy’s Laboratories reports 88 cr profit, revenue stands at ₹5,437 cr  

May 19, 2022 1:08 PM