Financials emerged as the top gainers while auto shares rallied on robust September sales
Sensex ends in green, bluechips in spotlight.
Rise in investor sentiment, return of risk appetite aid shares across the board
Tracking gains in bluechip stocks, investors were also seen building up position in broader markets, lifting the small-cap and mid-cap indices by 0.83 and 0.15 per cent
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Participants are keeping an eye on the Winter Session of Parliament, which started today, and US fiscal policies to be followed by President-elect Donald Trump
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
The Nifty IT index, data shows, has outperformed the markets in each of the last four election years post the result. announcement.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
The positive bias was aided by metal, realty and auto indices
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
ONGC was the top performer while private banking major ICICI Bank extended gains
Bank shares were the top losers after sharp gains last week.
Banks stocks continued to trade weak along with FMCG major ITC.
Notwithstanding the inflation pinch, analysts believe the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment and discretionary purchases bounce back from the Covid-19 pandemic. "The shift in consumer preference from the unorganised sector to the organised, coupled with uptick in domestic demand as people resume work from office, will cheer the Indian retail sector," says Nishit Master, portfolio manager, Axis Securities. Shopping malls are witnessing increased footfall in lower tier towns and standalone stores as consumption picks up and mobility improves.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
The Sensex gained 7,430.37 points, or 27.91 per cent, this year.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
ITC was the biggest gainer in the Sensex pack, rallying 3.14 per cent. Maruti Suzuki, Axis Bank, Hero MotoCorp, Vedanta, Asian Paints, M&M, HUL, Bajaj Auto and PowerGrid were among the other top gainers, rising up to 2.13 per cent.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
Sensex in green, JSW climbs higher.
On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC -- ending up to 2.33 per cent lower.
Sensex is under pressure due to concerns in the global market.
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.