Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Sensex Falls 300 Points, Nifty Below 15,700; Adani Group Stocks Tumble
Mon, 14 Jun 09:30 am

Asian stock markets are mixed today in holiday-thinned trading as investors prepared for a key Federal Reserve meeting later in the week.

While most Asian markets will remain closed, Japan's Nikkei surged at market open. It is presently trading up by 0.6%.

In US stock markets, Wall Street indices ended higher on Friday, with the S&P 500 pushing to another record close as bond yields fell, despite data on Thursday showing inflation running hot.

The Dow Jones Industrial Average gained 13 points or 0.1% while the Nasdaq Composite rose 49 points or 0.4%.

For the week, the Dow fell 0.8%, while the S&P 500 rose 0.4%, for its third straight positive week. The Nasdaq Composite was the outperformer with a gain of nearly 1.9%, posting its fourth winning week in a row.

Back home, Indian share markets have opened on a negative note, following the trend on SGX Nifty.

Coal India, Kajaria Ceramics, and Greenply Industries are among 50 firms slated to release their quarterly numbers today.

--- Advertisement ---
REVEALED: 3 "Super Smallcaps" You Didn't Know About

You may not have heard of these 3 "super smallcaps" ever before...

The mainstream press doesn't cover them... Most brokers don't know about them either...

Stock like these 3 "super smallcaps" only come to your notice when they have rallied by hundreds or even thousands of percent... and are all over the news!

However, thankfully, our top analyst Richa Agarwal is ready to reveal their details at her Super Smallcaps Summit on 11th August...

Make Sure to Grab Your Free Spot Right Now

The BSE Sensex is trading down by 334 points. Meanwhile, the NSE Nifty is trading lower by 110 points.

Infosys is among the top gainers today. Bajaj Finance, on the other hand, is among the top losers today.

The BSE Mid Cap index and the BSE Small Cap index have opened down by 1.4% and 0.6%, respectively.

Barring IT stocks, all sectoral indices are trading in red with stocks in the power sector and realty sector witnessing most of the selling pressure.

Shares of eClerx Services and Care Ratings hit their 52-week highs today.

The rupee is trading at 73.23 against the US$.

Gold prices are trading down by 0.6% at Rs 48,593 per 10 grams.

Meanwhile, silver prices are trading down by 0.7% at Rs 71,792 per kg.

Crude oil prices traded near multi-year highs today, underpinned by an improved outlook for demand as increased Covid-19 vaccinations help lift travel curbs.

Boosting cryptocurrency sentiment, Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.

Following the above news, Bitcoin gained 10% to around US$ 39,000.

Watch Now: Get Details of Richa's 3 Dark Horse Stocks

Speaking of stock markets, in his latest video, Co-head of Research at Equitymaster, Rahul Shah talks about how one should go about investing in a low risk manner.

In the video, Rahul talks about the central concept of investment.

Tune in to the below video to find out more:

In news from the automobile sector, Eicher Motors is among the top buzzing stocks today.

As per a leading financial daily, mid-sized motorcycle maker Royal Enfield is expecting the current fiscal to be one of the best for the company in terms of new model launches as it looks to drive in an array of new products for domestic and international markets.

The company, which is part of Eicher Motors, noted that it has a rich pipeline of products under development which could hit the market in the coming days.

Royal Enfield current model lineup comprises Meteor, Interceptor, Continental GT, Himalayan, Classic and Bullet.

In an analyst call, Royal Enfield CEO Vinod K Dasari said,

  • In fact, if I may say so, this year will probably be the highest number of new models that you have ever seen from Royal Enfield being launched in a year and that's the beginning of the pipeline. There's a whole bunch that is happening and we are truly excited about it.

The company would continue to have one new model every quarter for the time being due to COVID-related disruptions, he added.

On sales network expansion, Dasari said that it would be a combination of big and small stores depending on the capacity of that region to take them.

--- Advertisement ---
Most Reliable Way to Identify Big Trends

The only way to make market-beating returns is to identify the sectors which could be the leaders of the next rally.

Watch this video to learn how to use Relative Strength Analysis to identify winning sectors and stocks... and generate potentially market-beating returns.


Elaborating on the new product scenario, Eicher Motors MD and CEO Siddhartha Lal said that Royal Enfield is taking extreme care in developing new models so that they can match up to the global competition.

Eicher Motors share price has opened the day up by 0.4%.

Speaking of Royal Enfield, have a look at the chart below which shows the company's sales numbers for the past year.

The sales for few months in the past year were impacted due to the impact of nationwide lockdown.

It is interesting to note that from 2,000 units in the year 2000, Royal Enfield sells 70,000 units a month on an average at present.

Moving on to news from the pharma sector, Lupin on Sunday said it has received a warning letter from the US health regulator for its Somerset facility in the US.

The drug firm said it does not believe the warning letter will have an impact on disruption of supplies or the existing revenues from operations of this facility.

We uphold quality and compliance issues with utmost importance and are committed to be compliant with 'good manufacturing practice' standards across all our facilities, the company said in a regulatory filing.

When USFDA finds that a manufacturer has significantly violated FDA regulations, it notifies the manufacturer. This notification is often in the form of a warning letter.

Earlier in November 2020, Lupin had said the USFDA had issued 13 observations after the inspection of its subsidiary's Somerset facility.

The facility contributes less than 5% of the company's global revenues.

Lupin share price has opened the day down by 3.8%.

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

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Sensex Falls 300 Points, Nifty Below 15,700; Adani Group Stocks Tumble". Click here!


Stock Market Updates

Sensex Trades Marginally Higher, Dow Futures Down by 122 Points (Today's Market)

Jul 30, 2021 12:30 pm

BSE Sensex is trading up by 91 points, while the NSE Nifty is up by 33 points.

QUESS CORP Share Price Up by 5%; BSE IT Index Up 0.7% (Today's Market)

Jul 30, 2021 10:56 AM

QUESS CORP share price is trading up by 5% and its current market price is Rs 874. The BSE IT is up by 0.7%. The top gainers in the BSE IT Index are QUESS CORP (up 5.2%) and TECH MAHINDRA (up 9.3%). The top losers are INFOSYS (down 0.1%) and WIPRO (down 0.3%).

Sensex, Nifty Open Flat; Tech Mahindra Zooms 8% Post June Quarter Results (Today's Market)

Jul 30, 2021 09:30 am

Indian share markets open flat. The BSE Sensex opened down by 16 points, while the Nifty is trading lower by 9 points.

RATNAMANI METALS Share Price Up by 5%; BSE METAL Index Up 0.3% (Today's Market)

Jul 30, 2021 09:35 AM

RATNAMANI METALS share price is trading up by 5% and its current market price is Rs 2,208. The BSE METAL is up by 0.3%. The top gainers in the BSE METAL Index is RATNAMANI METALS (up 5.3%). The top losers are SAIL (down 0.1%) and HINDALCO (down 0.5%).

MOTILAL OSWAL Share Price Down by 6%; BSE 500 Index Up 0.1% (Today's Market)

Jul 30, 2021 09:31 AM

MOTILAL OSWAL share price is trading down by 6% and its current market price is Rs 1,007. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are TECH MAHINDRA (up 7.8%) and TEJAS NETWORKS (up 5.0%). The top losers are MOTILAL OSWAL (down 5.9%) and SWAN ENERGY (down 6.3%).

TECH MAHINDRA at All Time High; BSE IT Index Up 0.6% (Today's Market)

Jul 30, 2021 09:31 AM

TECH MAHINDRA share price has hit an all time high at Rs 1,217 (up 7.8%). The BSE IT Index is up by 0.6%. Among the top gainers in the BSE IT Index today are TECH MAHINDRA (up 7.8%) and ORACLE FINANCIAL (up 1.0%). The top losers include HEXAWARE TECHNOLOGIES and INFOSYS (down 0.1%).

View More Indian Share Market News

Most Popular

Make Startup Profits from Bluechip Stocks(Profit Hunter)

Jul 21, 2021

A 166-bagger stock can deliver even more gains in this decade.

These Are the Best Stocks to Own(Fast Profits Daily)

Jul 22, 2021

Find out what I think are the best kind on stocks to own in the market.

Cash the Crash in Gas Prices(Fast Profits Daily)

Jul 21, 2021

Get ready to profit from the coming crash in the price of natural gas.

Electric 2-Wheelers: The Megatrend has Begun(Profit Hunter)

Jul 20, 2021

The shift to electric 2-wheelers will be faster than expected.

A Trading Hack to Multiply Profits(Fast Profits Daily)

Jul 23, 2021

Use this trading hack and get a big boost in your trading profits.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Jul 30, 2021 (Close)