ADVERTISEMENT

Share Market Today: Sensex, Nifty End Higher In Volatile Session; FPIs Turn Net Sellers

Follow the latest Market updates here.

<div class="paragraphs"><p>Stock board in the background. (Source: freepik.com)</p></div>
Stock board in the background. (Source: freepik.com)
LIVE FEED
Latest First
  • Oldest First

Foreign Investors Net Sellers

Overseas investors snapped twelve days of net buying to turn net sellers on Tuesday. The longest buying streak of FPIs in 2022, lasted thirteen days from July 28 to Aug. 17.

As per data from the National Stock Exchange, foreign portfolio investors net sold equities worth Rs 221.32 crore.

While, domestic institutional investors stayed net sellers and sold equities worth Rs 549.28 crore.

Institutions have net bought Rs 7,210.86 crore worth of equities so far in November and net sold Rs 24,486.05 crore worth of Indian equities till date in 2022.

ADVERTISEMENT

10-Year Bond Yield Closes Lower

Yield on the 10-year bond fell 2 basis points to close at 7.26%

Source: Bloomberg


Rupee Appreciated Against The U.S. Dollar

The rupee reversed losses to appreciate as much as 0.28%, or 22 paise, to 81.03. It closed 0.19% higher at 81.10.

The local currency opened at 81.17, appreciating 0.11%, or 9 paise. It closed at 81.26 on Monday. Shortly thereafter, it depreciated by 0.23% to 81.44.

The rupee had hit a record low of 83.29 on Oct. 20.

ADVERTISEMENT

Closing Bell

India's stock benchmarks closed higher, aided gains across sectors led by oil & gas, auto, telecommunication.

Sensex advanced about 0.40% to close at 61,872.99 . Nifty 50 rose by 0.49% to close at 18,419.75. Today 36 of Nifty 50 stocks rose while 14 declined.

Power Grid Corporation, ONGC, ICICI Bank, Bharti Airtel and Hero MotoCorp were the top gainers on Nifty 50. While, HDFC Life Insurance, Grasim Industries, Cipla, ITC and UPL were the top laggards.

The broader indices underperformed their larger peers with MidCap and SmallCap gaining 0.08% and 0.02% respectively. While LargeCap almost mirrored its large peers gaining 0.33%.

Fourteen out of the 20 sectoral measures complied by the BSE advanced, with oil & gas gaining the most.

The market breadth is skewed in the favour of bears. About 1,679 stocks rose, 1831 fell and 125 remained unchanged.


Trade Deficit Rose In October Amidst A Sharp Fall In Exports

  • Trade deficit rose to $26.91 billion in October compared to $25.7 billion in September.

  • Exports contracted by 16.6% to $29.8 billion y-o-y.

  • Imports rose by 5.7% to $56.7 billion y-o-y.

  • On a month-on month, exports contracted by 16% in October, while imports contracted by 7.3%.

Source: Ministry of Commerce & Industry

ADVERTISEMENT