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Tag: Sensex

  • Sensex, Nifty proceed report run in opening session

    Image Source : PTI Sensex, Nifty proceed report run in opening session
    Benchmark indices Sensex and Nifty continued their record-setting spree on Tuesday morning as investor sentiment remained upbeat amid optimistic home in addition to international cues. The BSE gauge Sensex was buying and selling 228.73 factors or 0.48 per cent increased at a recent report of 47,582.48 in early offers.
    Likewise, the NSE barometer Nifty jumped 66.50 factors or 0.48 per cent to a brand new excessive of 13,939.70 within the opening session.
    On the Sensex chart, IndusInd Bank, HCL Tech, Kotak Bank, Axis Bank, HDFC Bank and Bajaj Auto had been prime gainers.
    Barring Nestle, Asian Paints and PowerGrid, all shares had been buying and selling within the inexperienced on the Sensex.
    On Monday, the Sensex had settled up by 380.21 factors or 0.81 per cent at its all-time closing excessive of 47,353.75; and the Nifty too had risen by 123.95 factors or 0.90 per cent to a brand new closing excessive of 13,873.20.

    Asian shares had been buying and selling largely increased following optimistic international tendencies after the US cleared the much-awaited coronavirus reduction invoice.
    US President Donald Trump signed into legislation a large USD 2.3 trillion spending invoice that features a USD 900 billion coronavirus reduction bundle, averting a authorities shutdown and lengthening coronavirus help to hundreds of thousands affected by the financial affect of the pandemic.
    The development of the rollout of COVID-19 vaccines in India too uplifted home sentiments, resulting in a optimistic momentum throughout all sectors, analysts mentioned.
    Meanwhile, the worldwide oil benchmark Brent crude futures rose 0.22 per cent to USD 51.06 per barrel.
    Foreign portfolio traders (FPIs) bought shares value a web Rs 1,588.93 crore on Monday, as per alternate information. 
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  • Sensex, Nifty race to new peaks in early offers


    Image Source : PTI Sensex, Nifty race to new peaks in early offers Benchmark gauges Sensex and Nifty soared to new heights in early offers on Monday, monitoring broad-based rallies in international equities. The BSE benchmark Sensex rose 361.93 factors or 0.77 per cent to the touch an all-time excessive of 47,335.47 in morning commerce, and the broader NSE Nifty climbed 110.55 factors or 0.80 per cent to a brand new peak of 13,859.80. On the Sensex chart, barring HDFC and Asian Paints, all constituents had been buying and selling within the inexperienced. On the final buying and selling day, Thursday, of the earlier week, the 30-share Sensex had surged 529.36 factors or 1.14 per cent to shut at 46,973.54. The broader NSE Nifty had zoomed 148.15 factors or 1.09 per cent to 13,749.25. Markets had been closed on Friday on account of Christmas. Elsewhere in Asia, bourses in Mainland China, Japan, South Korea, Hong Kong and different key markets had been buying and selling on a constructive word on Monday. Meanwhile, the worldwide oil benchmark Brent crude futures slipped 0.31 per cent to USD 51.14 per barrel. Foreign portfolio buyers (FPIs) bought shares value a internet Rs 1,225.69 crore on Thursday, as per alternate knowledge.  Latest Business News

  • Global traits to information markets this week; indices could witness volatility: Analysts


    Image Source : PTI Global traits to information markets this week; indices could witness volatility: Analysts With no main home occasion lined up this week, fairness markets would take a look at world traits, updates over the brand new virus pressure and progress on vaccination to derive cues for additional motion, analysts stated. Equity markets can also witness volatility amid the month-to-month by-product expiry. “Going ahead, market is likely to maintain its positive momentum on the back of abundant liquidity, effective vaccine rollout and Brexit deal. The UK reached a historic trade deal with the European Union. However, emerging risk pertaining to new coronavirus strain in many parts of Europe may limit upside. The monthly F&O expiry could add to the volatility,” stated Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd. Britain clinched a historic take care of the European Union on Thursday as each side managed to thrash out a post-Brexit free commerce settlement (FTA) simply days earlier than the December 31 deadline. “For the week ahead, concerns regarding fresh cases of the virus will remain in the limelight along with development on Brexit deal. Investors should stay focused on quality sectors and counters and also watch at the trend of FII inflows, which is the main factor of the recent rally. No eventful data and announcements are expected this week,” Vinod Nair, Head of Research at Geojit Financial Services stated. Satish Kumar, Research Analyst, Choice Broking stated that traders ought to preserve a watch on the UK virus state of affairs and progress on vaccination. During the holiday-truncated final week, the BSE benchmark inched up 12.85 factors or 0.02 per cent. Markets had been closed on Friday on account of Christmas. Investment sample of overseas portfolio traders (FPIs), motion of rupee and Brent crude would even be keenly watched by traders.  ALSO READ | India to turn into fifth largest economic system in 2025, third largest by 2030 Latest Business News

  • Sensex tumbles by over 1500 points, Nifty falls almost 3%

    It’s a highly tumultuous trading day for stock markets. Equity benchmarks recorded huge downturn in afternoon trade with Sensex taking a deep dive to upto 1,500 points while Nifty slipped almost 3 percent.

    Bloodbath in intra-day trading comes in the backdrop of dampened investor sentiment, post reports of mutated Coronavirus strain in UK.

    At 2:30 pm, the BSE S&P Sensex was down by 1,350 points at 45,611 while Nifty 50 slipped by 327 points or 2.38 per cent to 13,433.

    All sectoral indices at the National Stock Exchange were in the red with Nifty PSU bank dipping by 4 per cent, private bank by 2.2 per cent, metal by 3.8 per cent and auto by 2.8 per cent.

    ONGC fell by 8.4 per cent to Rs 90.65 per share while GAIL dipped by 7.6 per cent. IndianOil Corporation and Bharat Petroleum Corporation retreated by 6.8 per cent and 5.3 per cent respectively.

    Aviation stocks also recorded sharp dip with SpiceJet falling by 9.5% while InterGlobe Aviation cracked by 6.4% to Rs 1,543.90.

    The other prominent losers were NTPC, Reliance Industries, Mahindra & Mahindra, Hindalco, IndusInd Bank and State Bank of India.

    Among those who were in green zone included IT majors Infosys and HCL Technologies along with FMCG major Nestle India.

  • Indices hit record high; Sensex up 150 pts, Nifty above 13,100

    Equity benchmark indices opened in the green on Wednesday with Sensex up by 277.40 points and Nifty up by 84.85 points.

    The domestic stock markets opened on a positive note today, building on the record closing highs registered in the previous session. At 9:16 am, the 30-scrip BSE Sensex was up by 277.40 points or 0.62 per cent at 44,749.73.Similarly, 50-scrip NSE Nifty was trading at 13,140.00, at 9:16 am, up by 84.85 points or 0.65 per cent.