Invest wise with Expert advice

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

sidebar image

Markets trade lower amid volatility; Nifty around 18,600

6 Dec 2022 , 02:04 PM

Domestic benchmark indices trading in the red after a gap-down opening on Tuesday's trading session. Both the Sensex and Nifty benchmarks are marginally lower in the afternoon market session. Moreover, Indian markets may witness volatility ahead of RBI policy outcome tomorrow.
On the sectoral front, except PSU Bank, all other sectoral indices are trading in the red territory. IT index underperformed by tumbling over 465 points follwed by auto, pharma and metal stocks plunging marginally.
At around 2:00 PM, Sensex was trading at 62,550.12 lower by 284.48 points or 0.45%. Nifty 50 traded at 18,615.10 lower 85.95 points or 0.46%
Top Bulls on Nifty 50 are: Adani Enterprises (+2.4%), HUL (+0.7%), Britannia (+0.6%) supported by Adani Ports (+0.5%) and RIL (+0.4%). Meanwhile, top losers on Nifty are: Tata Steel (-2.7%), UPL (-2.15%), Hindalco (-2.11%), BPCL (-1.91%) and Dr Reddy (-1.8%).
Further, PSU Banks are at the centre of an uncharacteristic rally, a day before the MPC meeting. Public banks rallied 3% so far after a report projected higher margin growth over private sector banks. The report cites sustained loan growth over the years as the basis for this. In the last month, the PSU index has zoomed nearly 18%.
For feedback and suggestions, write to us at

Related Tags

  • Asian markets
  • Auto sales
  • auto sector
  • Axis Bank share price
  • BSE live
  • bse sensex
  • f&o expiry
sidebar mobile


Read More

Most Read News

Sensex and Nifty close in Red
24 Jul 2024|04:29 PM
M&M Finance Q1 net profit up by 45% y-o-y
24 Jul 2024|05:59 PM
Over 23 Lakh New Enrollments for ESIC in May
24 Jul 2024|01:34 PM
Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • 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." 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.

  • 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

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.