Indian equities begin trading Thursday in the red, with the Sensex falling by about 500 points
Sensex was down around 532 points or 0.89% at 59,038.12 points at 12 p.m., while Nifty was down 145.75 points or 0.82 percent at 17,613.55 points.
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Sensex was down around 532 points or 0.89% at 59,038.12 points at 12 p.m., while Nifty was down 145.75 points or 0.82 percent at 17,613.55 points.
Watch these stocks today: The focus of Friday's trading will be on shares of companies like HDFC Bank, Eicher Motors, Dr. Reddy's Laboratories, and more.
As RBL Bank exceeded the market-wide position limit by 95% on Thursday, it was added to the list of prohibited securities within the F&O segment. Due to the release of their June quarter results, Websol Energy System and Consolidated Construction Consortium will be in the spotlight.
On Tuesday, Indian benchmark indices ended the previous two days' slide by rising almost 0.5%. Tata Chemicals is not listed among the equities that are subject to the NSE F&O prohibition.
Delta Corp. and Balrampur Chini Mills have been taken off the list of stocks subject to the F&O trading prohibition as of Tuesday.
The BSE Sensex was down 651.85 points or 1.08 percent at the close of business, reaching 59,646.15, while the Nifty50 was down 198.05 points or 1.10 percent, reaching 17,758.5.
The business last week announced a special interim dividend of Rs 65 and set the record date for the same as August 25, 2022, which caused the shares to increase.
The Sensex rose more than 50 points when the stock market began on Friday, and the Nifty50 opened above 17,950.
The BSE Sensex was down 181.17 points or 0.3% to 60,079 at the start of trading, while the Nifty50 was down 45.6 points or 0.25 to 17,898.7.
As they have exceeded 95% of the market-wide position limit, the securities of Balrampur Chini Mills, Delta Corp, and Tata Chemicals are still subject to a prohibition on trading in the F&O segment.
On Dalal Street, the bulls continued to be in control as the market posted gains for a seventh straight day on Wednesday.
The list will be formally released by the Index provider in the second half of August 2022.
As they have exceeded 95% of the market-wide position limit, the securities of Balrampur Chini Mills, Delta Corp, and Tata Chemicals will continue to be subject to the ban period for the F&O segment.
The Nifty50 increased by almost 0.70% to end above 17,800 on the back of rising global indicators and falling oil prices, while the Sensex gained about 400 points.
Today's earnings announcement for the June quarter will centre on Future Lifestyle Fashions. The stocks of Balrampur Chini Mills, Delta Corp, and Tata Chemicals will be subject to a ban period for the F&O segment since they have exceeded the 95% market-wide position restriction.
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