Sensex Today Trades Lower | IT Stocks Drag | HCL Technologies & Mphasis Down 5%

Fri, 22 Mar 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian stocks mostly rose on Thursday amid a rally across global equities in the wake of a Federal Reserve decision late Wednesday that inspired confidence over interest rate cuts. Upbeat economic data releases have added to positive sentiment.

Tokyo's Nikkei 225 jumped 2% while Hong Kong's Hang Seng Index advanced 1.9%. The Shanghai Composite, however, fell less than 0.1%.

US stocks climbed on Thursday and added to the previous session's gains, powering the major averages to new record closing levels.

Here's a table showing how US stocks performed on Thursday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	148.74	-0.94	-0.63%	151.31	148.01	155.2	100.28
Apple	171.37	-7.3	-4.09%	177.49	170.84	199.62	155.98
Meta	507.76	2.24	0.44%	515.04	506.01	523.57	197.9
Tesla	172.82	-2.84	-1.62%	178.18	171.8	299.29	152.37
Netflix	622.71	-4.98	-0.79%	634.36	622.33	634.36	293.54
Amazon	178.15	0	0.00%	181.42	178.15	181.42	96.29
Microsoft	429.37	4.14	0.97%	430.82	427.16	430.82	272.05
Dow Jones	39781.37	269.24	0.68%	39889.05	39589.23	39889.05	31805.18
Nasdaq	18320.38	80.27	0.44%	18464.7	18317.1	18464.7	12517.87

Source: Equitymaster

At present, the BSE Sensex is trading 231 points lower and NSE Nifty is trading 69 points lower.

Apollo Hospital, Cipla and BPCL are among the top gainers today.

Tech Mahindra, Wipro and Infosys on the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

Broader markets are trading on positive note. The BSE Midcap index id trading flat and the BSE Small Cap index is trading 0.5% higher.

Sectoral indices are trading mixed, with socks in realty sector, and telecom sector witnessing buying. Meanwhile stocks in IT sector, metal sector and power sector witnessed selling pressure.

The rupee is trading at Rs 83.35 against the US dollar.

In commodity markets, gold prices are trading marginally higher at Rs 66,139 per 10 grams today.

Meanwhile, silver prices are trading 0.6% higher at Rs 74,640 per 1 kg.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, in 1947 a group of researchers at Bell Labs, a subsidiary of AT&T, invented the transistor, a switch that controls electric current.

Within decade researchers were placing several transistors on a slab of silicon to make a chip.

A thriving industry grew up around California, outsourcing low-value tasks, such as chip assembly, to Asia, where labour was cheaper.

As the market grew, so did interest from America's rivals.

Japanese firms such as Toshiba and Fujitsu managed to take a share of some chip markets.

Decades later China's tech titans reduced the country's dependence on foreign chips.

Now it is India's turn.

Co-head of Research at Equitymaster, Tanushree Banerjee talks about how you could cash in, in her latest video.

Tune in to the below video:

L&T's Fund Raising Proposal

Larsen & Toubro yesterday informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27 March 2024, inter alia, to consider and approve fundraising by way of debt issue.

The company is the most respected multinational conglomerate that operates in over 50 countries with unmatched capabilities in all its businesses, including construction, engineering, technology, and manufacturing.

For more, check out the Top 5 Biggest Gainers of 2023. Will Their Dream Run Continue?

L&T has been an investor's favourite stock for a long time and also a stock that makes it to the top 5 infrastructure stocks.

In line with its commitment to a sustainable future, L&T is poised to make significant strides in the green hydrogen landscape. For more details, check out L&T's next big leap in the green hydrogen space.

Hero MotoCorp Launches EV Ownership Package

Hero MotoCorp, the leading manufacturer of motorcycles and scooters, has launched the Vida Advantage package for its Vida V1 Pro electric scooter. A category-first proposition by Vida, Powered by Hero, the emerging mobility brand of Hero MotoCorp, the Vida Adavnyage package makes EV ownership hassle-free.

The Vida Advantage offers an enhanced ownership experience with benefits and services worth Rs 270 bn, valid for 5 years. This unique after-sales package will be available to customers at no cost till 31 April 2024.

Vida Advantage offers a comprehensive package of benefits to promote EV adoption.

Hero MotoCorp, erstwhile popularly known as Hero Honda is one of India's first motorcycle manufacturers.

The company was incorporated in 1984 and introduced as a technological collaboration with Honda, Japan.

With strong household spending and increased demand for two-wheelers, which two-wheeler stock is leading the race? For the answer, check out our editorial Hero MotoCorp vs TVS Motors: Which Two-Wheeler Stock is Better in 2024?

Mazagon dock Shipbuilders to lease land parcel

State-run Mazagon Dock Shipbuilders on Thursday said the company will lease a land parcel measuring 14.55 acres from the Mumbai Port Authority (MbPA) for its Mumbai yard.

MDL's board approved the offer from MbPA, paving the way for the acquisition of the land on a long-term lease basis.

The allotment, effective from 1 April 2024, until 31 March 2053, comes at a total cost of approximately Rs 3.5 bn.

This cost encompasses various components, including the upfront lease premium, expenses related to buildings and structures, as well as GST, stamp duty, and registration charges. MDL is set to make payments towards the allotment cost to MbPA in due course.

Established in 1774 as a small dry dock, Mazagon Dock Shipbuilders has emerged as a renowned shipbuilding company.

It builds vessels, warships, submarines, cargo and passenger ships, and offshore platforms.

To know which defence shipbuilding stock has a better chance of faring well against the other in 2024, read our editorial Best Defence Stock: Mazagon Dock vs Cochin Shipyard.

For more details, check out Can Mazagon Dock's Unique Opportunity in Submarine Tourism Propel the Stock to New All-Time High?

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers