Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
A smart rebound in the stock market and sustained capital inflows restricted the rupee loss
Reflecting nervousness over the prospect of the Federal Reserve tightening policy and event risk, traders stayed on the sidelines
In line with rally in stocks, the Indian rupee on Monday appreciated for the second straight session and closed with a eight paise gain at a one-week high of 61.36 against the Greenback.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
Oil and select auto heavyweights bore the brunt of selling pressure; ONGC, RIL, Tata Motors, M&M key losers.
The dollar's weakness against rivals overseas supported the rupee.
Auto and realty shares were among the top Sensex gainers.
The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.
The broader Nifty, after touching a high (intra-day) of 10,555.50 points, finished at 10,539.75, up 84.80 points, or 0.81 per cent.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
From its all-time peak of 38,989.65 scaled on August 29 this year, the Sensex has fallen by 2,921.32 points, or 7.5 per cent, to 36,068.33.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
The market closed with the largest ever fall of 564 points on Monday in the worst-ever volatility even as the BSE authorities suspended the trading twice during the first half of the session in a bid to mitigate the damage.
Participants are eyeing the Bihar elections.
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
HDFC Bank was the top gainer in the Sensex pack, rallying nearly 4 per cent, Infosys jumped over 3 per cent. Sun Pharma, NTPC, HCL Tech, Tech Mahindra, HDFC, RIL and TCS also closed with gains. On the other hand, Axis Bank was the top laggard, followed by ITC, ICICI Bank, IndusInd Bank and Maruti Suzuki.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Heavy unwinding by foreign portfolio investors and lacklustre equities dampened the sentiment
Market participants are now awaiting Thursday's meeting of the European Central Bank
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
After another day of volatile trade, the rupee today appreciated by seven paise to close at a new one-month high of 59.04 against the dollar as the RBI's liquidity-tightening measures continued to lend support.
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Snapping a two-day fall, the rupee opened strong at 59.49 a dollar from the previous close of 59.76 at the Interbank Foreign Exchange Market and then touched a low of 59.59.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
The rupee had revisited the near 2-month low of 60.55 per dollar earlier in the session.
Robust capital inflows alongside a slightly weaker greenback too reinforced the dominance of the home currency
Unwinding of long dollar positions ahead of the US job data backed the rupee sentiment
The domestic unit moved in a range of 64.14 and 63.99.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Ministers might be fond of attributing the Sensex's rise to renewed interest from foreign investors, betting on an impending revival in the economy, but share prices are influenced more by supply and demand.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
In forward market, premium for dollar declined in view of mild receivings from exporters.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
