Experts say going ahead data price will fall further due to competition
The NSE Nifty ended at 2763, up 29 points. The market breadth was marginally positive - out of 2,523 stocks traded, 1,228 advanced, 1,190 declined and 105 were unchanged on Wednesday.
The Sensex closed at a new all-time closing high of 14,675 with a gain of 24 points from the last weekend close of 14,651.
The NSE Nifty ended up 35 points at 4,249.
The Sensex opened with a positive gap of 85 points at 14,088
The broader Nifty finished at 10,421.40, up 194.55 points, or 1.90 per cent.
The Sensex closed down 85.82 points or 0.63% at 13566.33, and the Nifty down 22.00 points or 0.56% at 3911.4.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
The markets were flat in the opening trade but failed to sustain small gains as Asian peers were trading lower.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
Investors started booking profit at record highs in absence of cues from global markets that remained closed for the New Year holiday.
Selling pressure at higher levels saw the index slip into negative zone to a low of 10,782 - down 210 points from the intra-day high. \n
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
Analysts said FIIs had created long positions worth Rs 9,700 crore (Rs 97 billion) in index futures till recently.
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
RTSF will be managed aggressively like its diversified equity fund siblings; also the fund is likely to be a high risk - high return investment proposition.
Hopes that better-than-forecasted monsoon may help the RBI cut rates sooner than expected, too triggered buying activity.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
The 30-share Sensex was up 191 points at 28,707.75 and the 50-share Nifty was up 54 points at 8,714.
Besides, a sharp 8% decline in Chinese stocks added to the sell-off in domestic equities
The rupee fell to a two-year low of 64.84 against the US dollar.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
'Market feels this Budget will promote all-round growth and that is what is giving it confidence.'
On the Sensex chart, HCL Tech, HDFC, Tech Mahindra, TCS, RIL, Sun Pharma and SBI were the major gainers, rising as much as 4.3 per cent. NSE Nifty gained 52.45 points to end at 18,055.75.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
Tracking the strong momentum in the broader market, as many as 99 stocks touched their one-year high level on the BSE on Monday.
Don't get carried away by the current rally; be picky and take a stock-specific approach.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
