What happened in Markets today? | 16/09

Nifty 50: Nifty stayed flat today and closed at 23,218, +99 points (0.43%) from previous day close. Nifty closed in green, snapping its two day losing streak.

Sensex: Sensex closed at 74,336, 332 points (+0.45%) increase from the previous day close.

India VIX: India VIX was at 13.17 today, a -1.97% decrease from previous day.

Sectoral Snapshot

Top Gainers: Nifty FMCG and Nifty PSU Bank gained the highest at 1.63% and 1.44% respectively.

Top Losers: Nifty IT saw the sharpest fall of -1.58% and Nifty Pharma declined by -0.16%.

Trending Stocks

Top Gainers:

  • Patanjali Foods Ltd: 7.8%
  • PB Fintech: 5.3%
  • Vardhaman Textiles Ltd: 4.5%
  • Aegis Logistics Ltd: 4.4%

Top Losers:

  • Tata Investment Corporation Ltd: -5.1%
  • Premier Energies Ltd: -4.9%
  • HEG Advanced Materials Ltd: -4.6%
  • CarTrade Tech Ltd: -4.4%

News and Updates

  • Banks and other beneficiaries rise on rate hike hopes, more revenue from UPI MDR.
  • Mazagon Dock Shipbuilders to invest Rs 27,000 crore in greenfield shipbuilding cluster at Dighi.
  • Capri Global Capital (Capri Loans) has launched ‘Vyapar Mahotsav’, a four day, pan-India gold loan promotional offer.
  • Alkem Laboratories has launched NeuCeno, anti-seizure medication for the treatment of partial-onset seizures in adult patients.
  • Juniper Hotels plans to acquire Novotel Imagicaa Hotel for 248 crore, completion expected by March 31, 2027.
  • Saatvik Green Energy secures ₹1,041.63 crore SECI order for 600 MWp solar PV modules, execution by December 2027.