It is a ‘Buy on Dips’ market, for now, the brokerage said. Axis Securities has recommended six stocks that it expects to deliver up to 25 per cent return over the next 12 months.
Sensex tumbled 638.11 points or 1.11 per cent to end at 56,788.81. During the day, it crashed 743.52 points to 56,683.40. Nifty fell 207 points or 1.21 per cent to close at 16,887.35.
Select brokerages are bullish on the stock and see up to 42 per cent upside potential for this multibagger.
Sensex jumped 1,016.96 points or 1.80 per cent to end at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63. Nifty climbed 276.25 points or 1.64 per cent to close at 17,094.35.
Sensex fell 188 points to end at 56,409. During the day, the index rose 568 points to 57,166. For a majority of session, Sensex traded in the green today.
Sensex fell 37 points to 57,107 and Nifty lost 9 points to 17,007. Among the 30-share Sensex pack, Tata Steel, Titan, Kotak Bank, SBI and HDFC were the top Sensex losers falling up to 1.85 per cent.
Sensex tanked 953.70 points or 1.64 per cent to end at 57,145.22. During the day, it plunged 1,060.68 points or 1.82 per cent to 57,038.24. Nifty fell 311.05 points or 1.80 per cent to close at 17,016.30.
Sensex Nifty crash: Amid the ongoing selling in the stock market, market capitalisation of the BSE-listed firms tanked to Rs 270 lakh crore in the afternoon trade on September 26 from Rs 283 lakh crore on September 20.
Sensex tanked 1,020.80 points or 1.73 per cent to end at 58,098.92 today. During the day, it crashed 1,137.77 points or 1.92 per cent to 57,981.95. Nifty plummeted 302.45 points or 1.72 per cent to close at 17,327.35.
Sensex declined 337.06 points to settle at 59,119.72. During the day, it tanked 624 points to 58,832.78. Nifty lost 88.55 points to close at 17,629.80.
Sensex fell 262.96 points or 0.44 per cent to end at 59,456.78. During the day, it tanked 444.34 points or 0.74 per cent to 59,275.40. Nifty declined 97.90 points or 0.55 per cent to close at 17,718.35.
Sensex ended 300 pts higher at 59,141 today. After opening in the green, the index touched a day's high of 59,277 and a low of 58,487. The 50-stock Nifty climbed 91 points to end at 17,622 with 35 of its constituents ending in the green.
Sensex rose 50 points to 58,891 and Nifty gained 26 points to 17,556. Market cap of BSE-listed firms stood at Rs 279.85 lakh crore today.
Sensex tanked 1,093.22 points to end at 58,840.79. During the day, it tumbled 1,246.84 points or 2 per cent to 58,687.17. Nifty declined 346.55 points or 1.94 per cent to close at 17,530.85.
The combined market cap of the Gautam Adani-led Adani Group firms rose to Rs 21.14 lakh crore against the Rs 21.04 lakh crore market cap of the Tata Group,
Sensex fell 224 points to close at 60,346 and Nifty declined 66 points to settle at 18,003. Infosys, TCS, Tech Mahindra, HCL Tech, and L&T were the top Sensex losers, falling up to 4.53 per cent.
Tracking weak cues, the Indian market opened sharply lower today. Sensex fell 1,154 points to 59,417 and Nifty slipped 299 points to 17,771 in early trade. With today's crash, Indian equity indices snapped four days of gaining streak.
Sensex ended 456 pts higher at 60,571 today. After opening in the green, the index touched a day's high of 60,635 and a low of 60, 381. The 50-stock Nifty climbed 133 points or 0.75 per cent to end at 18,070.
Sensex gained 321.99 pts to a three-week high of 60,115.13. Of 30 Sensex stocks, 21 constituents closed in the green. Nifty climbed 103 points or 0.58 per cent to end at 17,936.35 points.
Sensex climbed 104.92 points to end at 59,793.14 and Nifty ended 34.60 points higher at 17,833.35. Banking and IT stocks were the top sectoral gainers with their BSE indices zooming 592 points, and 232 pts, respectively.
The country is among the top five contributors to the world market valuation, said financial services firm Motilal Oswal Financial Services.
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