Market breadth depicted strength. There were almost 3 gainers against every loser on BSE
Recovery in bluechips and gains in European markets helped the rally.
In the broader market, the S&P BSE Midcap added over 1% to finish at record closing high
Markets ended weak tracking the expiry of April derivative contracts.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
The broader NSE index has fallen about 0.9% as investors wait for corporate results
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
The Sensex has slid 18.5 per cent from its January 2015 peak.
After a stellar run that saw the frontline indices - the S&P BSE Sensex and the Nifty 50 - clock gains of around 21 per cent and 24 per cent respectively in calendar year 2021 (CY21), the year gone by in real sense belonged to the mid-and small-cap segments. Thus far in CY21, the mid-and small-cap indexes on the BSE have far outpaced the run in the frontline indices and notched up a gain of around 38 per cent and 61 per cent, respectively during this period. Though analysts expect the outperformance to continue in 2022, they caution against the multiple headwinds in the year ahead that may dent the overall market sentiment.
However, IT stocks fell on weak growth forecast by Gartner
With the Budget overhang gone, investors are breathing a sigh of relief and are back to make fresh calls.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
The Dow has never lost more than 800 points in a day.
ONGC was the top performer while private banking major ICICI Bank extended gains
Technical rallies and short covering may arise only if the markets break this 500 point band
Tuesday's was the S&P's worst drop since August 24.
HDFC, ONGC, Maruti Suzuki, HeroMoto Corp and Bajaj Auto gained the most on BSE Sensex
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
Nifty advanced 46 points, at 5,833.
Other markets in Asia also ended in higher except Japan which closed flat due to uncertainty over the nuclear plant and economic recovery.
Pharma was the top losing index amid worries about their earnings outlook with Lupin down over 4%
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Monday's drop followed an 8.5 per cent slump in Chinese markets.
Market participants are now awaiting Thursday's meeting of the European Central Bank
Nifty PSU bank index dropped nearly 2%
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
S&P BSE Sensex settled at 31,170, up 60 points, while the broader Nifty50 closed at record high for third straight session. It ended at 9,624, up 19 points.
Gold is seen as a preferred asset for all types of investors, even central banks.
L&T was the top gainer in the Sensex pack, rising over 3 per cent, followed by Bajaj Finance, Reliance Industries, IndusInd Bank, SBI and HDFC Bank. NSE Nifty surged 168.05 points to 14,653.05.
Bank shares were the top gainers led by ICICI Bank.
HDFC was the leading gainer among Sensex stocks on Thursday, rising by 1.65 per cent, followed by Sun Pharma, ICICI Bank, Asian Paints, Titan and Infosys. TCS was the biggest loser, shedding 1.33 per cent. Ultratech Cement, Bharti Airtel, Kotak Bank and Tech Mahindra were among the other major laggards.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Experts say the BSE Sensex could rise to around 32,000 in a year.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
Metal shares were the top gainers with Hindalco up over 5%.
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