Closing Bell: Market fall extends, all eyes on Fed meeting

Closing Bell: Market fall extends, all eyes on Fed meeting

by 5paisa Research Team Last Updated: Jun 15, 2022 - 04:37 pm 24.9k Views

Domestic equity bourses Sensex and Nifty swapped between gains and losses from the opening bell on Wednesday, amid a mixed global trend as investors await the development of the Fed meeting.

Indian equity market witnessed an extremely volatile session today moving between gains and losses as market participants remained nervous ahead of the Federal Reserve's policy meeting later in the day. This marks the fourth straight day of losses for the stock markets. In today's trade, the Sensex started the day in red at 52,650.41 points and slipped to a low of 52,538.51 points. The index brushed a high of 52,867.73 points but was trading in a narrow range, falling into negative multiple times throughout the day. Owing to these developments, benchmark indices finished lower in yet another volatile session.

At the closing bell on June 15, the Sensex was down 152.18 points or 0.29% at 52,541.39, and the Nifty was down 39.90 points or 0.25% at 15,692.20. On the market breadth, around 1730 shares have advanced, 1484 shares declined, and 143 shares are unchanged.

Top Nifty losers today were Tata Steel, ONGC, NTPC, Infosys and Wipro, while top gainers were Bajaj Finserv, Bajaj Finance, Tata Motors, Hero MotoCorp and Grasim Industries.

On the sectoral front, buying is seen in the auto, capital goods, and pharma, while selling was witnessed in the power, IT, metal, oil & gas, realty and FMCG. In the broad markets, the BSE midcap and smallcap indices ended in the green.

In global markets, European shares were slightly higher on Wednesday after the European Central Bank informed that it will hold an unscheduled monetary policy meeting later today. The pan-European Stoxx 600 surged 0.4% in early deals, with banks and insurance stocks climbing 2%. On Wall Street, futures of the main indices were up in the range of 0.4% to 0.5%. Asian markets closed mixed with Nikkei falling over 1%, and Shanghai Composite adding 0.5%.

Share Market Today

How do you rate this article?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial. Also, The
Open Free Demat Account
Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest News
Plaza Wires IPO Anchor Allocation at 28.06%

About the Plaza Wires IPO Plaza Wir

  • Sep 29, 2023
Master Components IPO Opens Flat, Closes Flat

Flat listing for Master Components IPO, closes flat too

  • Sep 29, 2023
Emami Acquires 26% Stake in Axiom Ayurveda, Enters Health Juice Segment

On 29-sep-2023, Emami Ltd., a prominent Indian FMCG company, made an exciting foray into the health juice category by acquiring a 26% stake in Axiom Ayurveda Pvt Ltd, the firm behind the popular AloFrut brand of beverages.

  • Sep 29, 2023