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Closing Bell: Weak global cues pulled markets down ahead of long weekend; banks, metals underperform
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Closing Bell: Weak global cues pulled markets down ahead of long weekend; banks, metals underperform
Mar 27, 2018 5:49 PM

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Mar 28, 2018 3:38 PM

Closing Bell ## Closing Bell

The markets remained weak throughout the day largely due to weak global cues and the F&O expiration. The BSE Sensex closed below 33,000 levels at 32,968 points and the NSE Nifty held on to its 10,100 levels closing at 10,121 points. The Nifty Midcap underperformed as compared to the previous sessions with the Index falling by over 1%. The market breadth favoured to declines today, with the Advance-Decline ratio standing at 1:2. All the sectoral indices closed in the red today, especially the Nifty Bank is falling by over 200 points. Only YES BANK and IndusInd Bank closed in the green today among the Nifty banking stocks. The financials and the energy stocks contributed to 50% to the Nifty's fall with Reliance and ICICI being the top losers.

Mar 28, 2018 3:37 PM

Take a look at the numbers this series ## Take a look at the numbers this series

Mar 28, 2018 3:28 PM

Check out how the markets performed in the March F&O series ## Check out how the markets performed in the March F&O series

The BSE Sensex lost 2.3% and the NSE 50-share Nifty lost 2.4%, largely due to weak global cues this month. The fear of global trade wars and the global markets correction mode pulled down the Indian market's performance this month. Apart from this, the Nifty Bank and the infra stocks also reported losses. Even though the Nifty Bank spiked in trade in the last two sessions, the banking sector still shows signs of being volatile. The Nifty Media index was the only sectoral index that reported a gain of 0.4%.

Mar 28, 2018 3:27 PM

Market update

With few minutes left on the market close before the long weekend, the BSE Sensex has fallen further to 32,943 points breaching its 33,000 levels.The NSE Nifty has also fallen over 40 points to just above 10,100. The sectoral indices are also continuing to report losses due to the underperformance of PSU banks, metal and pharma firms. SBI is currently at its day's low.

Mar 28, 2018 3:18 PM

Market update

The BSE Sensex breached 33,000 levels falling to 32,989 points. The NSE Nifty has also not managed to reach 10,150 levels and still remains weak on the expiration day of F&O. The sectoral indices, especially the Nifty Bank has fallen 200 points after the PSU banks began to underperform as compared to the last two sessions. The IT and auto stocks remain to be the top index gainers with Wipro and Maruti Suzuki taking the lead.

Mar 28, 2018 2:46 PM

Stock check: GAIL extends gains, sees a sharp upmove in last few minutes.

Mar 28, 2018 2:28 PM

Mar 28, 2018 2:26 PM

Take a look at the top buzzing midcap stocks today ## Take a look at the top buzzing midcap stocks today

Here are some of the top buzzing midcap stocks picked by CNBCTV18's analysts in trade today. This suggests you keep an eye on Jet Airways, Talwalkars, Persistent Systems, and Delta Corp.

Persistent Systems has lost close to about 10% trade and has wiped out all its 2018 gains on account of the news that the company’s intellectual property (IP) revenues will see a decline of $8 million on a quarter-on-quarter (QoQ) basis.

Jet Airways is in focus on the back of reports indicating that the March salaries of a section of staff will be deferred to April 10.

Mar 28, 2018 2:23 PM

Mar 28, 2018 2:19 PM

Mar 28, 2018 2:15 PM

Market update

The markets are persisting their noon numbers. The Sensex is still in the low range of 33,000 and the NSE Nifty has still not touched 10,150 levels. The IT stocks are at their day's high and continue to drive the indices today. Tata Steel, unlike yesterday which was at its day's high, is the top index loser today and Bharti Airtel continues to extend losses for the second day.

Mar 28, 2018 2:12 PM

Mar 28, 2018 2:06 PM

Mar 28, 2018 1:25 PM

Market update

The markets continue to be under pressure. The BSE Sensex is off day's low but is still in the low range of 33,000, losing 140 points. The NSE Nifty has not touched 10,150 as of yet. Fortis Healthcare, post-demerger buzz, continues to extend losses. Auto and IT stocks are the top index gainers today, with Maruti Suzuki India taking the lead. Maruti and Wipro have gained close 2% and TCS and Hero Motorcorp have gained close to a percent in intra-day trading.

Mar 28, 2018 1:17 PM

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