Share Market HIGHLIGHTS: Sensex ends 454 pts lower, Nifty slides to 22,023 dragged by auto, energy, IT shares
Share Market Today LIVE: The stock market commenced trading on Friday, March 15 with a flat sentiment, but soon slipped into the red zone, tracking weak global cues. The benchmark indices, Sensex and Nifty, witnessed a downward trend at the opening bell, influenced by international market trends. Moreover, mutual funds are supposed to share Stress Test reports on the ability of small- and mid-cap fund schemes to meet any sudden redemptions owing to adverse market conditions today.
Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog:
Share Market Today LIVE: The stock market commenced trading on Friday, March 15 with a flat sentiment, but soon slipped into the red zone, tracking weak global cues. The benchmark indices, Sensex and Nifty, witnessed a downward trend at the opening bell, influenced by international market trends. Moreover, mutual funds are supposed to share Stress Test reports on the ability of small- and mid-cap fund schemes to meet any sudden redemptions owing to adverse market conditions today.
Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog:
Latest Updates
Share Market Today: Among broader indices, Nifty Midcap 100 down half a per cent
| Index | Mar 15 close | Change (%) |
| NIFTY 500 | 19,825.20 | -0.46 |
| NIFTY MIDCAP 100 | 46,685.60 | -0.46 |
| NIFTY SMALLCAP 100 | 14,846.70 | 0.39 |
The Nifty 500, the broadest index on NSE, also ends 0.5 per cent lower.
Share Market Today: Nifty Oil & Gas, Nifty Auto worst hit among NSE sectoral indices
| Index | Mar 15 close | Change (%) |
| NIFTY OIL & GAS | 11,058.80 | -1.98 |
| NIFTY AUTO | 20,192.30 | -1.57 |
| NIFTY PHARMA | 18,718.45 | -0.95 |
| NIFTY HEALTHCARE INDEX | 11,705.80 | -0.95 |
| NIFTY IT | 37,500.70 | -0.47 |
| NIFTY BANK | 46,594.10 | -0.42 |
| NIFTY FINANCIAL SERVICES | 20,644.30 | -0.39 |
| NIFTY PSU BANK | 6,761.00 | -0.35 |
| NIFTY CONSUMER DURABLES | 31,567.25 | -0.24 |
| NIFTY REALTY | 830.15 | -0.17 |
| NIFTY MEDIA | 1,822.50 | -0.04 |
| NIFTY PRIVATE BANK | 23,323.00 | -0.04 |
| NIFTY FMCG | 54,155.45 | 0.02 |
| NIFTY METAL | 7,802.65 | 0.03 |
Share Market Today: Mahindra & MAhindra, BPCL, CIL, Tata Motors, Hero MotoCorp worst hit among 39 Nifty50 losers; UPL, Bharti Airtel, HDFC Life top gainers
Top Nifty gainers
| Stock | Mar 15 close | Change (%) |
| UPL | 476.8 | 3.18 |
| BHARTIARTL | 1,213.95 | 1.62 |
| HDFCLIFE | 631.8 | 1.53 |
| BAJFINANCE | 6,485.05 | 1.37 |
| ADANIPORTS | 1,283.95 | 1.27 |
| ADANIENT | 3,125.00 | 1.22 |
| HINDALCO | 531.35 | 1.16 |
| TATACONSUM | 1,210.00 | 0.97 |
| BRITANNIA | 4,955.00 | 0.33 |
| TCS | 4,220.00 | 0.29 |
Top Nifty losers
| Stock | Mar 15 close | Change (%) |
| M&M | 1,796.30 | -4.99 |
| BPCL | 583.5 | -4.15 |
| COALINDIA | 415.5 | -2.85 |
| TATAMOTORS | 943.95 | -2.46 |
| HEROMOTOCO | 4,571.00 | -2.23 |
| NTPC | 315.65 | -1.93 |
| LT | 3,541.55 | -1.85 |
| HCLTECH | 1,648.60 | -1.83 |
| ONGC | 259.25 | -1.52 |
| LTIM | 5,186.95 | -1.47 |
Share Market Today: Sensex ends 454 pts lower, Nifty slides to 22,023; auto, IT, energy shares lead losses
The Sensex ends 453.9 points, or 0.6 per cent, lower at 72,643.4 while the Nifty50 settles at 22,023.4, down 123.3 points, or 0.6 per cent, from its previous close.
Nifty50
Sensex
Images: NSEIndia.com, BSEIndia.com
Krystal Integrated Services IPO subscribed 50% so far on Day 2; here are 10 key things to know
The initial public offering (IPO) of Krystal Integrated Services, a facilities management services provider opened on Thursday, March 14. The issue is a book-built issue, which comprises a fresh issue of Rs 175 crore and an offer for sale (OFS) of 0.18 crore shares.
According to provisional exchange data, the IPO's share sale received bids for 14,98,160 shares against 29,99,448 shares on offer, translating into a subscription of 50 per cent on Friday, the second day of the bidding process.
Share Market Today LIVE: Nifty Oil & Gas, Nifty PSU Bank, Nifty Auto worst hit among NSE's sectoral indices; Nifty Realty up 0.6%
| Index | Current level | Change (%) |
| NIFTY OIL & GAS | 10,993.45 | -2.56 |
| NIFTY PSU BANK | 6,690.30 | -1.39 |
| NIFTY AUTO | 20,255.70 | -1.26 |
| NIFTY PHARMA | 18,679.10 | -1.15 |
| NIFTY HEALTHCARE INDEX | 11,687.95 | -1.1 |
| NIFTY BANK | 46,448.60 | -0.73 |
| NIFTY FINANCIAL SERVICES | 20,581.30 | -0.7 |
| NIFTY IT | 37,457.80 | -0.59 |
| NIFTY PRIVATE BANK | 23,260.85 | -0.31 |
| NIFTY CONSUMER DURABLES | 31,546.25 | -0.3 |
| NIFTY METAL | 7,789.90 | -0.13 |
| NIFTY MEDIA | 1,823.90 | 0.03 |
| NIFTY FMCG | 54,406.40 | 0.48 |
| NIFTY REALTY | 836.45 | 0.59 |
Mutual funds' stress tests: Here is everything you need to know
Capital markets regulator Securities and Exchange Board of India (Sebi) has been vocal and constantly warning market participants of the froth or "irrational exuberance" in the broader market.
Last month, it asked the mutual fund regulatory body, the Association of Mutual Funds in India (AMFI), to ask fund managers to moderate flows into mid- and small-cap schemes. This was done as the mid-and small-cap indices have jumped sharply in a short period, outperforming the benchmark peers, even as their fundamentals do not justify the valuations they are currently commanding.
Electoral bonds: Supreme Court issues notice to SBI, says bond numbers not disclosed
Cracking the whip on State Bank of India (SBI) for not disclosing the alphanumeric numbers of the electoral bonds received by political parties, the Supreme Court on Friday sought the bank's response while posting the matter for the next hearing on March 18. The unique alphanumeric numbers of the bonds could be used to link each donation to the receiving political party. The top court had earlier ordered SBI to categorically release all the details of electoral bonds issued to political parties, including the purchaser, the amount and the date of purchase.
Electoral Bond Data: As Election Commission makes data public, these are the biggest donors and recipients
Electoral Bonds data: After the State Bank of India (SBI) provided detailed data on electoral bond transactions to the Election Commission of India (ECI), the election body published it on its official website on Thursday, March 14, 2024.
The data revealed that while the Bharatiya Janata Party (BJP) emerged as the leading political party to receive donations through electoral funds at Rs 5,271 crore, a little-known company, Future Gaming and Hotel Services, emerged as the biggest buyer of electoral bonds at Rs 1,350 crore.
Share Market Today LIVE: Gopal Snacks zooms 8% after weak debut; should you buy, sell or hold?
Gopal Snacks shares surged on Friday, March 15, a day after its weak market debut. The upward trend follows after Quant Mutual Fund bought 15.05 lakh equity shares in the Rajkot-based manufacturer of ethnic savouries at an average price of Rs 374.21 per share via open market transactions.
Gopal Snacks rose as much as 8.3 per cent to hit a high of Rs 392.85 on the NSE in morning deals. At 11:37 AM, the counter traded at Rs 375.85, up 3.63 per cent on the NSE.
Share Market Today LIVE: Mid- and small-caps continue to bleed amid release of stress test results; what should one do?
Mid- and small-cap indices slipped over 1 per cent in the morning deals after a number of fund houses that invest in small and midcap stocks, on the instructions of the mutual fund regulatory body, the Association of Mutual Funds in India, released their stress tests.
As of 11:13 a.m., the Nifty Mid Cap 100 traded 1.41 per cent while the Nifty Small Cap 100 was down 1.17 per cent. Meanwhile, S&P BSE MidCap was down over 1.6 per cent and the S&P BSE SmallCap traded 1.19 per cent lower.
Market Today LIVE: Anuj Gupta suggests wait-and-watch approach on gold
Anuj Gupta of HDFC Securities suggests selling MCX gold futures at Rs 66,100 for a target of Rs 65,700 with a stop loss at Rs 66,300.
Image: Reuters
L&T Technology Services bags Rs 800 crore project from Maharashtra State Cyber Department; stock rises
LTTS share price: Shares of L&T Technology Services (NSE: LTTS) edged nearly 2 per cent higher on BSE in the early morning deals on Friday (March 15), after the company bagged a Rs 800 crore project from the Maharashtra State Cyber Department.
As of 10:14 a.m., shares of L&T Technology traded 1.24 per cent, or Rs 65.45, higher at Rs 5,330.35 apiece on the BSE. The market capitalisation of the company at around the same time stood at Rs 56,368.79 crore.
Share Market Today LIVE: By Federal Bank shares, says Siddharth Rai Mangala
Siddharth Rai Mangala of StockBox Technologies is positive on Federal Bank shares.
He suggests buying the stock for targets of Rs 160 and Rs 165 with a stop loss at Rs 142.
Share Market Today LIVE: Buy Infosys shares, says Osho Krishan
Osho Krishan of Angel One recommends buying Infosys shares for a target of Rs 1,680 with a stop loss at Rs 1,600.
Here's how Infy shares have moved in the past five trading sessions:
Image: BSEIndia.com