HDFC and HUL are the latest entrants in the club
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Sensex ends lower; govt schemes in focus.
Sensex, Nifty end the day in red ahaead of F&O expiry.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
The broader NSE Nifty too reclaimed the key 11,500-mark. It touched a high of 11,562.25, before finally settling at 11,536.90, showing a gain of 59.95 points, or 0.52 per cent.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
The NSE Nifty after shuttling between 10,441.90 and 10,341.90, ended 6.15 points, or 0.06 per cent down at 10,380.45.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Investors indulged in profit booking at attractive and higher valuations
After a volatile session, Sensex closed the day 563 points lower
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
It goes without saying that the best performers are in the private sector, says TN Ninan.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
The 50-issue Nifty fell 29.60 points or 0.34 per cent to close at 8,642.55
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
Financials emerged as the top gainers while auto shares rallied on robust September sales
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
However, RIL has exceeded the mandatory 2% prescribed limit, spending the maximum amount of Rs 761 crore
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
Most Asian markets ended with gains.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Sun Pharma emerged as the star performer and closed 4.03 per cent up at Rs 675.45, while Cipla rallied 1.58 per cent to Rs 592.60.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Business leaders met Manmohan Singh to discuss the problems facing the country.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.