Market hits 2-week low, financials plummet in last hour

CNBC TV18 By Priyanka Deshpande Published Jan 8, 2024

[{"selector":"#anim-cf6a4023-fb91-4511-beb3-00ae6d4ab9a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5103165-db97-4eb8-a00e-e09a323bd8d0","keyframes":{"transform":["translate3d(0px, 256.53020%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Market erases gains of last 2 sessions, ends at a 2-week low

[{"selector":"#anim-a0e5b5ac-8608-4d38-ad82-6054808e6be7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f72db58-7600-45f4-b186-1c13f078a8fb","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 163.17108%, 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"}] Nifty breached 21,500 intra-day as financials see a sharp fall in last hour

[{"selector":"#anim-a75515aa-607f-4815-8cc6-e02d53323552","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c18a033-453a-444a-bb6b-68d0acee2feb","keyframes":{"transform":["translate3d(0px, 267.05658%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex slips 671 points to 71,355 & Nifty 200 points to 21,511

[{"selector":"#anim-dc8dbe60-dfe3-4d53-bfa3-6ca58ffbc0dd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-13c2c19e-377e-4ab4-ae03-abd6090710e3","keyframes":{"transform":["translate3d(0px, 169.91270%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty Bank falls 691 points to 47,468 & Midcap Index 473 points to 46,923

[{"selector":"#anim-e7007c66-9668-4eac-8e51-9b3b0a5e4e04","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4efbde1d-8a75-47a0-ac02-797d2d3a2e71","keyframes":{"transform":["translate3d(0px, 171.03628%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Adani Ports, HCL Tech, Power Grid, and ONGC are top Nifty gainers

[{"selector":"#anim-8ae23284-c970-4413-8243-f88680db38ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca73621a-b791-4bfc-959a-9ea19c9d692d","keyframes":{"transform":["translate3d(0px, 233.72318%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] UPL, SBI, SBI Life, and Divis Lab are top Nifty losers

[{"selector":"#anim-88aab6cb-b7e7-4fa6-8f1c-55e5a049a501","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-38e305e9-26a7-45ed-b8bd-7e8c3f31fbeb","keyframes":{"transform":["translate3d(0px, 176.65424%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Vodafone Idea gains for 3rd straight session, holds the level above ₹17/share

[{"selector":"#anim-d9a07382-2a69-4d9a-9126-e1bdaf65f510","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-65523ca7-8ac6-4856-a34b-1955a790fda0","keyframes":{"transform":["translate3d(0px, 235.47765%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Trident surges 20% on block deals of nearly 0.5% equity

[{"selector":"#anim-6c859fab-216c-4742-a35b-befbc314ed63","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e3bdf1e9-fbd3-4db2-9544-4446ccd219e0","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"}] TVS Motor extends its gaining streak, is top gainer amongst 2-wheelers

[{"selector":"#anim-10f122dd-896c-4fe7-ba3d-85189cdf1cb4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b39c85f9-428e-4a5f-bba7-c3f9918bd85a","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"}] Godrej Consumer & Marico’s Q3 updates below-than-expected, stocks down 3-4%

Sula Vineyards shares may rise 55% in the next 12 months, as per CLSA

[{"selector":"#anim-f360f34d-2e4e-4168-a6f7-6bcfa6bc2046","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