Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming under control from January next year. A strong recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex soared 1,016.96 points or 1.80 per cent to settle at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63.
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Equity benchmarks shrugged off lacklustre global cues to clock smart gains on Tuesday, buoyed by strong buying interest in index heavyweights Reliance Industries and HDFC twins. However, a depreciating rupee and unabated foreign fund outflows capped the gains, traders said. The 30-share BSE Sensex rallied 562.75 points or 0.94 per cent to settle at 60,655.72.
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
'New record for the Nifty50 is only a question of when.'
One of the biggest advantages of index funds and ETFs is their low cost, points out Sarbajeet K Sen.
Gains in financial shares capped further downslide.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The breadth, indicating the overall health of the market, was slightly positive
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Equity indices overcame a wobbly start to clock gains for the third session on the trot on Tuesday, propped up by banking, metal and energy stocks amid a mixed trend in global markets. A recovery in the rupee also bolstered sentiment, traders said. The 30-share BSE Sensex advanced 246.47 points or 0.45 per cent to settle at 54,767.62 after starting the trade on a weak note. In a volatile session, the benchmark hit a high of 54,817.52 and a low of 54,232.82 during the day.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Private lenders were among the top losers along with RIL.
Bank shares were the top losers along with index heavyweight RIL
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
BSE Auto index fell over 0.5% after reports that automobiles might get costlier post GST
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
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.
Equity indices frittered away a good start to close with modest losses on Monday, pressured by heavy selling in metal stocks after the government imposed export duties on steel-making raw materials to curb soaring prices. The 30-share BSE Sensex opened strong and gained momentum as the session progressed, but came under severe selling pressure in afternoon trade to close 37.78 points or 0.07 per cent lower at 54,288.61. On similar lines, the broader NSE Nifty slipped 51.45 points or 0.32 per cent to end at 16,214.70.
The winter session of Parliament will commence on November 26.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
NTPC was the top gainer among the Sensex stocks, rising by 3.53 per cent. Coal India, ONGC and Sun Pharma also rose up to 2.41 per cent.
How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?
The FMCG index gained more than 1% on the back of stellar gains in ITC.
In Friday's market rally post the corporate tax cut, the country's top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
Market cap of government companies has remained unchanged in the past 8 years.
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
The record breaking spree was led by index heavyweights, financials and metal stocks.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
Financial shares were the top losers.
The broader markets are, however, outperforming the larger peer.
ICICI Bank was the top Sensex gainer after S&P Global Ratings affirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds.
The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%