Domestic indices were trading lower on Tuesday. The BSE Sensex fell 65.26 pts or 0.11% to 58,172.59 and NSE Nifty 50 fell 13.95 pts or 0.08% to 17,140.35. Bank Nifty fell 63.85 pts or 0.16% to 39,500.85. The top gainers on Nifty 50 were Titan (up 2.16%), Tata Steel (up 1.31%), SBI Life (up 1.30%), Larsen & Toubro (up 1.21%) and Bharti Airtel (up 1.14%) while Adani Enterprises (down 5.28%), Mahindra & Mahindra (down 1.88%), Tech Mahindra (down 1.87%), Adani Ports (down 1.71%) and Bajaj Finance (down 1.18%).
Mahindra & Mahindra shares, Lupin stock in focus today
The sectoral indices were trading mixed. Bank Nifty
Asian and US stock markets
Asian markets were trading broadly in red with China’s Shanghai Composite Index falling 0.48%, Hong Kong’s Hang Seng plunging 0.98%, Japan’s Nikkei 225 tanking 2.45% and South Korea’s KOSPI tumbling 2.15%.
The US market ended the overnight session mixed with Dow Jones Industrial Average falling 0.28%, S&P 500 dipping 0.15% while the tech-heavy Nasdaq rose 0.45%.
FII and DII data
Foreign institutional investors (FII) sold shares worth a net Rs 1546.86 crore, while domestic institutional investors (DII) bought equities worth a net Rs 1418.58 crore on 13 March, according to the provisional data available on the NSE.
NSE F&O Ban
The National Stock Exchange has put GNFC on its F&O ban list for 14 March. According to the NSE, stocks are prohibited in the F&O sector when they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that stock.