Market Pulse at 1.30 PM today

11 Feb 2022 , 01:30 PM

• Markets remained in a bearish tone over soaring US bond yields due to 4 decade-high inflation. However, benchmarks Sensex and Nifty 50 have recovered some losses in the noon trade.
• BSE Sensex is at 58,265.11 down 690.60 points or 1.17%, gaining 209.32 points since its last low.
• Nifty50 is at 17,402.05 down 203.80 points or 1.19%. Nifty Bank is at 38,681.85, down 0.84%. Mid-cap Index is down by 1.37%.
• IOC, Tata Steel, NTPC, BPCL, Divislab, and IndusInd Bank are the top gainers. Grasim, Cipla, Infosys, Nestle, UltraTech cement, and Tech Mahindra are the top losers. Titan sheds nearly 2% so far.
• All the sectoral indices on NSE were trading lower. Nifty Banking & Financial Services, Metal, FMCG, and Auto remained marginally down in the noon trade. Whereas, Nifty Media gained 0.19%.
• Out of 50 stocks traded on the NSE, 43 stocks declined and only 7 stocks advanced.