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Tag: BSE index

  • Sensex rallies 515 pts to reclaim 59,000-mark; IT, finance shares shine

    Equity benchmark Sensex rallied 515 factors on Thursday to reclaim the 59,000-level, propelled by heavy shopping for in IT, banking and monetary shares amid sustained overseas fund inflows.

    The 30-share BSE index ended 515.31 factors or 0.88 per cent greater at 59,332.60. Similarly, the broader NSE Nifty gained 124.25 factors or 124.25 per cent to shut at 17,659.

    Axis Bank was the highest gainer within the Sensex pack, climbing 2.75 per cent, adopted by Bajaj Finance, HDFC, Tech Mahindra, Wipro, SBI, TCS and IndusInd Bank.

    On the opposite hand, ITC, NTPC, HUL, Bharti Airtel, Maruti and Nestle India had been among the many laggards, sliding as a lot as 1.56 per cent.

    Elsewhere in Asia, bourses in Hong Kong, Shanghai and Seoul ended with vital good points, whereas Tokyo closed within the purple. Equities in Europe had been buying and selling on a adverse be aware in mid-session offers.

    The rally within the home markets was supported by a agency pattern in international equities, particularly the US gauges and a subsequent rally in Asian indices, merchants stated.

    Wall Street rose sharply on Wednesday after US knowledge confirmed that inflation eased greater than anticipated in July, indicating that the Fed could be much less aggressive in climbing rates of interest.

    Foreign institutional buyers (FIIs) had been web patrons within the Indian capital market as they bought shares price Rs 1,061.88 crore on Wednesday, as per trade knowledge.

    Meanwhile, the worldwide oil benchmark Brent crude was buying and selling 0.92 per cent greater at USD 98.30 per barrel.

  • Markets decline for sixth day; Sensex sheds 135 factors

    Benchmark indices prolonged their dropping streak to the sixth straight session on June 17, with the Sensex declining 135 factors in uneven commerce amid combined world markets, unabated international fund outflows, and rising crude oil costs.

    The Bombay Stock Exchange (BSE) benchmark declined 135.37 factors or 0.26 per cent to settle at 51,360.42. During the day, the benchmark confronted volatility and tanked 574.57 factors or 1.11 per cent to its one-year low of fifty,921.22.The NSE Nifty went decrease by 67.10 factors or 0.44 per cent to finish at 15,293.50.

    From the Sensex pack, Titan, Wipro, Dr Reddy’s, Asian Paints, Sun Pharma, PowerGrid, Larsen & Toubro, UltraTech Cement, Maruti, TCS and Hindustan Unilever have been the largest laggards. While, Bajaj Finance, Bajaj Finserv, Reliance Industries and ICICI Bank have been among the many gainers.

    In Asia, markets in Tokyo and Seoul ended decrease, whereas Hong Kong and Shanghai posted positive aspects. European markets have been buying and selling within the inexperienced in mid-session offers. Stock exchanges within the US ended sharply decrease on Thursday, June 16.

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    Chief Investment Strategist at Geojit Financial Services, V Okay Vijayakumar mentioned , “The dominant theme impacting equity markets globally is the synchronised global monetary tightening and the consequent fears of economic slowdown.” 

    Meanwhile, worldwide oil benchmark Brent crude jumped 0.96 per cent to USD 120.96 per barrel. Foreign institutional buyers (FIIs) remained web sellers within the capital market, as they offered shares value Rs. 3,257.65 crore on Thursday June 16, as per BSE knowledge.