"FIIs are still selling but the momentum has come down significantly, therefore, bulls will look for a relief rally if global markets remain stable," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
In a relatively muted week for start-up funding, retail tech firm Arzooo, realty platform PropShare, business-to-business (B2B) marketplace Solv, and fintech start-ups Progcap and GetVantage raised new funding rounds.
"The first half was really ugly. So expectations would be that we should settle up here," Joe Saluzzi, co-manager of trading at Themis Trading.
They are required to submit their documents only after receiving an SMS from the panel.
Sensex fell 111 points at 52,908 and Nifty closed 28 points lower at 15,752 in volatile trade on Friday.
Bajaj Auto shares plunged 2.81% to Rs 3,601.65 against the previous close of Rs 3,705.65 on BSE.
RIL share plunged 8.66 per cent to Rs 2,369.45 against the previous close of Rs 2,594.05 on BSE.
Globus Spirits stock gained 4.31 per cent to Rs 955.75 against the previous close of Rs 916.30 on BSE.
Stocks in news: Reliance Industries, Indian Oil, HUL, Lupin, Bharti Airtel, Indiabulls Housing Finance and more
MSCI's broadest index of Asia-Pacific shares outside Japan was flat, with trade thinned by a holiday in Hong Kong.
Share Market update: Sensex falls 111 points at 52,908 and Nifty closes 28 points lower at 15,752. Sensex ended 8 points lower at 53,018 and Nifty lost 19 points to 15,780 in volatile trade on Thursday.
Behind the slides have been concerns over the Ukraine-Russia war, soaring inflation, higher interest rates and, more recently, a possible US recession.
Sensex ended 8 points lower at 53,018 and Nifty lost 19 points to 15,780 in the previous session.
The case pertains to six FMP schemes that matured in April and May 2019, which held investments in debt securities issued by Edisons Utility Works Pvt Ltd and Konti Infrapower & Multiventures Pvt Ltd, belonging to the Essel Group.
Sensex ended 8 points lower at 53,018 and Nifty lost 19 points to 15,780 in the previous session.
While Sensex has lost 8.96 per cent, Nifty is down 9.01 percent since the beginning of this year.
The Euro STOXX dropped 1.53%, while the German DAX weakened 2.34%. Britain's FTSE 100 was off 1.64%.
SEBI found that Parsvnath Developers Ltd (PDL) failed to make provision for the outstanding amount in ledger accounts of contractors and sub-contractors and also failed to strictly comply with Accounting Standards 7 or AS 7, which deals with construction contracts.
Stocks of high-value, well-established companies are called large-cap. They are stable and yield long-term returns. Experts explain how these stocks offer safety during a bear market.
Shares of Paytm, which hit a 52-week low of Rs 511 on May 12 this year, were trading at Rs 685.50 in the afternoon session today on BSE.
At least four penny stocks soared over 10 times despite the ongoing volatility in the domestic equity markets in the ongoing calendar year. Take a look.
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