Sensex Today | Share Market Live Updates : Global peers, Gifty Nifty up, indicating a strong opening for Indian markets

Sensex Today | Share Market Live Updates : Foreign institutional investors (FIIs) net sold shares worth ₹4,595.06 crore, while domestic institutional investors (DIIs) purchased ₹9,093.72 crore worth of stocks on March 13, provisional data from the NSE showed.

With the market in an oversold territory, we could see a quick pullback rally if the index trades above 17500. Above which, the pullback formation is likely to continue till 17600-17750. On the flip side, as long as the index is trading below 17500, the weak sentiment will continue. Below which, the index could retest the level of the 200-day SMA or 17400.

By Wayne Cole SYDNEY (Reuters) -Asian shares got off to a stumbling start on Monday as China's central bank wrong footed markets by skipping on a rate cut, even as data due this week is expected to

Buy or sell stocks: Ruchit Jain of 5paisa has recommended two stocks to buy this week - Tata Chemicals Ltd and Max Financial Services Ltd.

After India became the world's fourth largest stock market, Dalal Street experienced a sell-off with the Sensex falling over 1,000 points and the Nifty cracking over 1%. The broader market also saw a decline, particularly in mid and smallcap indices. This resulted in investors losing about Rs 8 lakh crore in market capitalisation of all BSE-listed stocks. Despite positive momentum in global markets, banks, oil and gas stocks, FMCG, and metals experienced a downside, while pharma and IT sectors saw buying activity.

Ranging from high valuation to event risks in the current quarter in terms of state elections, the global issues, both geo- political tension and high probability of hike in US interest rates. These all things were being ignored by the markets as the liquidity was ensuring that markets move upward very sharply. Finally, markets are waking up to some reality, there is a very likelihood that as adjustment of the global flows continues to happen, we might have more volatile movement. During this phase, if one is looking for investing, it might be better to stick with large caps as they would be better placed weather the volatility. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Sensex Today | Share Market Live Updates: Benchmark indices Sensex and Nifty may open higher on Wednesday tracking global cues and as suggested by trends in Gift Nifty

India Business News: The Nifty 50 closed 0.10% higher at 18,314.80, while the S&P BSE Sensex rose 0.20% to 62,027.90. Both benchmarks logged weekly gains of more than 1%.

Having rallied around 10% in the last 3 months, both Sensex and Nifty are now playing hide and seek with their lifetime high levels as hopes of pivot by central banks are being countered by a tough global macro environment.

Stock market live updates: Broader markets, too, rose in tandem as Nifty Midcap 100 and Nifty Smallcap 100 indices surged up to 1 per cent