Market ends in red as RBI Policy fails to boost sentiment

CNBC TV18 By Priyanka Deshpande Published Feb 8, 2024

[{"selector":"#anim-7545cd36-2f76-49c1-abd1-b5171e6a7706","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99b7e1b1-f673-4f93-97ee-ad85b819886c","keyframes":{"transform":["translate3d(0px, 152.68516%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Market closes at day’s low as RBI’s status quo policy & healthy growth estimates fail to boost market sentiment

[{"selector":"#anim-b9510472-d540-478a-9ef4-2ac8cf9b799f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf627d2b-72f9-4a44-a52f-b5124da47f16","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 228.46010%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex falls 724 points to 71,428 & Nifty 213 points to 21,718

[{"selector":"#anim-c4d3666d-956a-4bf8-9784-8dd54fe4f406","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-82866cb9-da06-4d5c-953d-6ba2fbb6f62f","keyframes":{"transform":["translate3d(0px, 210.91616%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty Bank slides 2%, falls 807 points to 45,012

[{"selector":"#anim-de7624fa-8994-4e6d-9204-b10d77bd4ce5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-028a74f1-8c07-4cd5-8c48-dd82886c2e5b","keyframes":{"transform":["translate3d(0px, 183.39579%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Midcap Index closes lower but relatively outperforms, slips 24 points to 49,328

[{"selector":"#anim-ebbbca9f-cb9f-4e60-8642-e814fc9e103e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-efb82da6-4bd5-4afb-a3bf-063380cabe06","keyframes":{"transform":["translate3d(0px, 165.41831%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Financials remain a drag, 4 of top 5 Nifty contributors to the downside are private banks

[{"selector":"#anim-45bad49c-145a-42cd-8df2-60cbb1043bf0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-43d93046-dc30-4e9b-a6de-5b005293f6d2","keyframes":{"transform":["translate3d(0px, 246.31717%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] ITC amongst top Nifty losers on reports of BAT mulling share sale Read More

[{"selector":"#anim-d22f5530-3e16-4c7d-b433-23d39ade8927","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-097f1c63-21b1-49de-bb6c-08cba25a6a8c","keyframes":{"transform":["translate3d(0px, 226.70573%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] RIL along with SBI & TCS lend support to Nifty

[{"selector":"#anim-b013d062-1687-4652-8250-406835ba1652","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d83c8c78-5d12-4576-90fa-ba468efe15d6","keyframes":{"transform":["translate3d(0px, 183.39579%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Except PSU banks all constituents of Nifty Bank end in the red

[{"selector":"#anim-6fb37030-a99e-4f95-bb93-3e1e084ffb3c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-431dd0bc-1a04-4777-afb0-480d4e53b68d","keyframes":{"transform":["translate3d(0px, 175.53066%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Zomato closes off highs despite a strong set of earnings

[{"selector":"#anim-5ad36b33-a63c-4aed-86d9-364ea6167d10","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0eef5e7f-93f3-4d7f-8254-981a7ace3b22","keyframes":{"transform":["translate3d(0px, 250.81156%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] RBI mentions persistent non-compliance by Paytm, stock at lower circuit Read More

Equity MFs see 35th month of inflows in January, debt funds attract ₹76,469 crore

[{"selector":"#anim-c6dcc78a-6810-429f-b7af-f317b1b8a825","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Read More