iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Markets in a positive trajectory

21 Aug 2023 , 01:11 PM

Indian benchmark indices are trading in a positive sentiment in Monday’s afternoon session with restricted gains as investors are cautious of further interest rate hikes by the US Federal Reserve. 

On the sectoral front, heavyweights IT stocks are trading with over 1% uptick. Bank and Financial Services stocks are also in a gaining momentum. Nifty Media stocks are slightly under pressure. All other sectoral indices are trading in an upward trajectory today.

At around 1.00 PM, BSE Sensex is trading 295 points higher at 65,243.29. NSE Nifty is trading with a gain of 86 points at 19,396.20.

Adani Group company, Adani Ports (+2.43%) is the biggest gainer on nifty index today, followed by Bajaj Finance (+2.39%). Power Grid (+2.22%), Adani Enterprises (+2.19%), and Hindalco (+2.03%) are trading with a gain of over 2%.

Jio Financial Services is trading with a decline of 5% after its market debut, maintaining a valuation of about $19 billion. JFS and Reliance Industries (-0.57%) are trading as the top losers on Nifty. Mahindra & Mahindra (-0.72%), Britannia Industries (-0.22%), and Larsen & Toubro (-0.15%) are trading on the downside despite a positive movement in markets.

explored-media

Related Tags

  • BSE
  • Market Commentary
  • nifty
  • NSE
  • sensex
  • stock market
  • stock market news
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

NHPC net profit declines 18%, shares down
18 May 2024|10:24 AM
Indian markets end the day in Green
18 May 2024|12:12 AM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.