Here are key stocks that moved the most on March 4

The Sensex ended 598 points lower at 50,846 while the Nifty fell 165 points to settle at 15,081. Get latest Market online at cnbctv18.com

Mar 4, 2021 3:44 PM

Manish Hathiramani, Proprietary Index Trader and Technical Analyst, Deen Dayal Investments

The Nifty made some recovery post the gap down opening. The overall trend remains positive as we have not broken the support of 14,600-14,700. The index still has wings to go higher and achieve targets closer to 15,400-15,500. Traders can utilize corrections like today's to accumulate long positions.

Mar 4, 2021 3:42 PM

Market At Close

- Rising US Yields Weigh On Market; Sensex & Nifty Slip 1% Each

- Midcap Index Outperforms; Gains 2% From Lows To End 0.5% Higher

- Heavyweights (HDFC Bk, ICICI, Axis & SBI) Drag Nifty Bank; Index Down 1.6%

- Metals Stocks Top Nifty Losers On Reports Of Price Cut; Nifty Metal Slips Over 2%

- Sensex Slips 599 Points To 50,846 & Nifty 165 Points To 15,081

- Nifty Bank Drops 561 Pts To 35,803 While Midcap Index Rises 120 Pts To 24,608

- Cement Shares Gain On Reprots Of Price Hike; UltraTech & Shree Cement Top Nifty Gainers

- Adani Ports Moves 3% Higher After 31% Stake Buy In Gangavaram Port

- JSW Steel, Hindalco, HDFC, Tata Motors & Bajaj Finserv Top Nifty Losers

- Rane Madras, Indiabulls Real Estate, Adani Power, Gland Pharma Among Top Midcap Gainers

- Market Breadth Favours Advances; Advance-decline Ratio At 5:4

Mar 4, 2021 3:41 PM

Closing Bell | The Indian equity market ended over a percent lower on Thursday, snapping 3 sessions of gains as another spike in bond yields weighed on the overall global market sentiment. The benchmark Sensex ended 598.57 points, or 1.16 percent lower at 50,846.08, while the Nifty declined 164.85 points, or 1.08 percent to close at 15,080.75. Broader markets outperformed the benchmark indices, as the Nifty Smallcap100 and Nifty Midcap100 ended 1.17 percent and 0.49 percent higher.

A broad-based selling was witnessed across sectors with banks, metals, and financials dragging the most. JSW Steel, HDFC, Hindalco Industries, Tata Steel and Tata Motors led the decline among Nifty50 constituents, while UltraTech Cement, Adani Ports & SEZ, Shree Cement, Grasim Industries and Dr Reddy's Laboratories were the top gainers.

Mar 4, 2021 3:38 PM

Will be able to see order inflow of Rs 9,000 crore: Kalpataru Power

Kalpataru Power has bagged new projects worth around Rs 1,550 crore. The order win is from India and Latin America in the power transmission business. Manish Mohnot, MD & CEO of Kalpataru Power said, "Today we have L1 around Rs 1,500 crore so my own assessment is reaching Rs 9,000 crore should not be a challenge. We already did Rs 8,000 crore and getting further Rs 1,000 crore in the next 3-4 weeks will not be a challenge. So, we should be at Rs 9,000 crore for sure.”