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NIFTY50 and SENSEX close lower, dragged down banking and financial stocks; Stock Market Highlights

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5 mins   •   Updated: January 23, 2024, 3:55 PM

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NIFTY50 and SENSEX close lower, dragged down banking and financial stocks; Stock Market Highlights

Summary

India benchmark indices – NIFTY50 (-1.5%) and SENSEX (-1.4%) – closed lower amid a sell-off in frontline banking stocks like HDFC Bank (-3.2%), SBI (-4.0%), Axis Bank (-3.4%), IndusInd Bank (-6.1%). Out of the NIFTY50 universe, 40 stocks made gains. On the sectoral front, the Media and Realty indices were top losers today.

  1. Stock Market LIVE coverage ends

    Thank you, readers! That's all from Upstox.com's live market coverage on 23 January 2024. We’ll be back with our live coverage at 8:00 am on Wednesday.

    January 23, 2024 3:55 PM

  2. FIN NIFTY closes in the red; Stock Market LIVE Updates

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    January 23, 2024 3:54 PM

  3. F&O Stock Update; Stock Market LIVE Updates

    • Long build up: Cipla, Sun Pharma, Bharti Airtel, ICICI Bank, Apollo Hospital

    • Short build up: IndusInd Bank, SBI Life, ONGC, Adani Ports, BPCL

    January 23, 2024 3:51 PM

  4. Broader markets underperform; Stock Market LIVE Updates

    The NIFTY Midcap 100 index (-3.1%) closed lower today. Meanwhile, NIFTY Smallcap 100 Index (-2.8%) closed in the red today.

    January 23, 2024 3:49 PM

  5. BANK NIFTY closes lower; Stock Market LIVE Updates

    The BANK NIFTY (-2.2%) index closed in the red. Sell-off in HDFC Bank (-3.2%), SBI (-4.0%), IndusInd Bank (-6.1%) and Axis Bank (-3.4%) dragged down the index.

    January 23, 2024 3:46 PM

  6. Markets at close: NIFTY50 and SENSEX close lower, dragged down banking and financial stocks; Stock Market LIVE Updates

    India benchmark indices – NIFTY50 (-1.5%) and SENSEX (-1.4%) – closed lower amid a sell-off in frontline banking stocks like HDFC Bank (-3.2%), SBI (-4.0%), Axis Bank (-3.4%), IndusInd Bank (-6.1%). Out of the NIFTY50 universe, 40 stocks made gains. On the sectoral front, the Media and Realty indices were top losers today.

    January 23, 2024 3:43 PM

  7. Granules India posts marginal rise in Q3 profit; Stock Market LIVE Updates

    Shares of the pharma major trades lower after reporting its Q3 earnings. The drug maker reported a 1.6% rise in consolidated profit to ₹126 crore, while its revenue rose 1% to ₹1,156 crore, with the fixed dosages segment contributing 66% to the total. Click here to know more.

    January 23, 2024 3:28 PM

  8. Market at 2:45 pm: NIFTY50, SENSEX slides 1% each dragged down by Banks and Financial stocks

    The Indian stock market surrendered early gains to drop in the afternoon session on Tuesday, as HDFC Bank led a decline in financials, while Zee Entertainment plunged nearly 30% after its merger with Sony's India unit collapsed. Click here to know more.

    January 23, 2024 2:52 PM

  9. Tata Steel trades lower ahead of Q3 result

    India’s leading steel manufacturer is set to announce its Q3 result tomorrow. Ahead of the result announcement, Tata Steel’s share trades lower, down 2.8%.

    Click here to view Tata Steel Q3 result strategy

    January 23, 2024 2:28 PM

  10. FIN NIFTY OI Snapshot; Stock Market LIVE Updates

    23 January expiry

    • Max call OI (resistance) : 20,250
    • Max put OI (support) : 20,100
    • Max pain: 20,250
    • PCR: 0.58

    January 23, 2024 1:57 PM