The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
Broader gains were capped as investors awaited corporate results from major firms
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
The country's largest insurer LIC on Tuesday listed its shares at a discount of 8.11 per cent at Rs 872 per share on the NSE. On the BSE, the shares got listed at Rs 867.20 apiece, down 8.62 per cent over the issue price of Rs 949 a share. LIC had fixed the issue price of its shares at Rs 949 apiece after a successful initial public offering, which fetched Rs 20,557 crore to the government.
The rupee rose by 12 paise to close at 79.78 against the US dollar on Monday due to a weak dollar in overseas markets and an improved appetite for riskier assets. Stronger regional currencies also supported the rupee sentiment ahead of the US Fed policy decision on Wednesday. Weak domestic equities and FII outflows, however, capped sharp gains. At the inter-bank forex market, the local unit opened at 79.86 against the greenback and moved in a range of 79.70 to 79.87 in the day trade.
Financials are the top gainers along with index heavyweights.
Monthly systematic investment plan (SIP) flows into India have held steady above Rs 13,000 crore in 2022-23 (FY23) in the face of markets delivering muted returns in 18 months. However, it is not a rose-tinted view when it comes to viewing new SIP registrations and the cessation of existing ones. The ratio of SIPs stopped as a percentage of fresh SIPs registered (called SIP stoppage or closure ratio in industry parlance) stood at 56 per cent in the first 11 months of FY23, compared with 41 per cent during the same period of 2021-22 (FY22).
Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd Bank, UltraTech Cements and NTPC were among the gainers.
The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
Yes Bank topped the gainers' list on the Sensex. It was followed by HDFC, Bajaj Finance, HDFC Bank, ICICI Bank, L&T, SBI, Axis Bank and Kotak Bank -- rallying up to 5.24 per cent.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
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.
The BSE Sensex opened down 20 points at 10,641.33
Sensex in green, JSW climbs higher.
The 50-share NSE Nifty, however, was little changed, ending 1.20 points down
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.
The rupee on Friday rebounded from the near-80 levels to close higher by 17 paise at 79.82 against the US currency following a recovery in the domestic stocks and weakness in the greenback in overseas markets. The US dollar retreated from the two-decade high levels against a basket of six currencies which supported the rupee sentiment. At the interbank foreign exchange market, the local currency opened at 79.95 and witnessed an intra-day high of 79.82 and a low of 79.96 against the US dollar in the day trade. ,
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
The Sensex closed at 10,684.30 up 174.77 points and the Nifty closed at 3142 up 66 points.
The S&P BSE Sensex ended 143 points at 24682 after hitting 52-week low of 24,597.
Markets suffered after other Asian indices closed in the red, tracking record-breaking losses at the Wall Street overnight.
The markets have opened in the green in line with global peers and buying was seen in oil, pharma, capital goods and technology stocks.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Top losers in the Sensex pack included IndusInd Bank, Yes Bank, SBI, L&T, Tata Steel, M&M, Bajaj Finance, Vedanta, Tata Motors and RIL, tumbling up to 6.97 per cent.
The rupee depreciated 39 paise to an all-time low of 82.69 against the US dollar in early trade on Monday as elevated crude oil prices and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and firm American currency sapped investor appetite, forex traders said. At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous close.
The Nifty added 24 points to close at 5,556.
The S&P BSE Sensex gained 57 points to end at 26,064.
Jaitley said returns from the stock market are quite attracting and it was time to bring them under the ambit of capital gains tax.
The NSE Nifty closed lower by 32.15 points, or 0.32 per cent, at 9,984.80.
IIP for November 2015 and CPI for December 2015 will be announced today.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
The markets opened weak mirroring the global trend. At 9:57 am, the Sensex was trading at 11926 down 44 points and the Nifty was tarding at 3444 down 13 points.
Overseas investors were one of the heavy buyers.
The rupee resumed higher at 67.77 per dollar as against last Friday's closing level of 67.78.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Investors indulged in profit booking at attractive and higher valuations
Their share in overall market capitalisation of BSE stocks has risen to a four-year high