News for 'LKP Securities'

Sensex slips 81 points; Nifty holds 14,100 level

Sensex slips 81 points; Nifty holds 14,100 level

Rediff.com7 Jan 2021

Titan was the top loser in the Sensex pack, shedding around 2 per cent, followed by Nestle India, HUL, HCL Tech, Infosys, ITC and Kotak Bank. On the other hand, Bharti Airtel, IndusInd Bank, Axis Bank, Bajaj Finserv and L&T were among the gainers.

Sensex drops 191 pts; Nifty ends near 17,000 level

Sensex drops 191 pts; Nifty ends near 17,000 level

Rediff.com24 Dec 2021

NTPC was the top loser in the Sensex pack, shedding around 3 per cent, followed by M&M, Axis Bank, PowerGrid, Kotak Bank, Dr Reddy's, Bajaj Finserv and HDFC.

Bulls prowl D-Street; Sensex surges 488 pts at close

Bulls prowl D-Street; Sensex surges 488 pts at close

Rediff.com7 Oct 2021

Titan was the top gainer in the Sensex pack, zooming over 10 per cent, followed by M&M, Maruti, IndusInd Bank, Asian Paints, Sun Pharma, HCL, TCS, Tech Mahindra and ICICI Bank. The NSE Nifty rose 144 points to 17,790.35.

Gains in index majors lift Sensex by 874 points

Gains in index majors lift Sensex by 874 points

Rediff.com21 Apr 2022

Equity markets maintained their winning momentum for the second day in a row on Thursday, with the Sensex surging over 874 points, propelled by index majors Reliance Industries, Infosys and HDFC twins amid a mixed trend in global markets. The BSE benchmark Sensex zoomed 874.18 points or 1.53 per cent to finish at 57,911.68. During the day, it jumped 954.03 points or 1.67 per cent to 57,991.53. The NSE Nifty rallied 256.05 points or 1.49 per cent to 17,392.60.

Markets in bear hug; Sensex nosedives 1,170 points

Markets in bear hug; Sensex nosedives 1,170 points

Rediff.com22 Nov 2021

Among top losers, Reliance Industries (RIL) sank over 4 per cent, after the company shelved a proposed deal to sell a 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco for $15 billion. Other laggards included Bajaj Finance, Bajaj Finserv, NTPC, SBI and Titan.

Markets snap 7-day winning run on profit-booking

Markets snap 7-day winning run on profit-booking

Rediff.com19 Oct 2021

ITC was the top laggard in the Sensex pack, tanking over 6 per cent, followed by HUL, Titan, Tata Steel, UltraTech Cement and PowerGrid. On the other hand, Tech Mahindra, L&T, Infosys, Bajaj Finserv, Kotak Bank and HDFC Bank were among the gainers.

Sensex zooms 1,736 pts to reclaim 58K

Sensex zooms 1,736 pts to reclaim 58K

Rediff.com15 Feb 2022

On the Sensex chart, all 30 shares closed with gains -- with Bajaj Finance, SBI, Bajaj FinServ, L&T and Titan rising as much as 5.13 per cent. The BSE gauge Sensex zoomed past the 58,000-mark by rebounding over 1,700 points and the Nifty recaptured the 17,000-level on Tuesday after a massive plunge in the previous session. The 30-share Sensex surged 1,736.21 points or 3.08 per cent to end at 58,142.05 - recouping the losses suffered on Monday. Likewise, the NSE Nifty soared 509.65 points or 3.03 per cent to settle at 17,352.45.

Index heavyweights drag Sensex down 179 points

Index heavyweights drag Sensex down 179 points

Rediff.com17 Jun 2021

IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by Dr Reddy's, NTPC, Maruti, Axis Bank, Bajaj Auto, Bharti Airtel and HDFC. NSE Nifty declined 76.15 points to 15,691.40.

Rupee rises by 12 paise to close at 79.78 against US dollar

Rupee rises by 12 paise to close at 79.78 against US dollar

Rediff.com25 Jul 2022

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.

Sensex ends 136 pts lower; Nifty slips below 11,650

Sensex ends 136 pts lower; Nifty slips below 11,650

Rediff.com30 Oct 2020

Bharti Airtel was the top loser in the Sensex pack, shedding around 4 per cent, followed by Maruti, Bajaj Finance, HUL, ICICI Bank and Kotak Bank. On the other hand, Tata Steel, NTPC, Sun Pharma, Nestle India, Reliance Industries and TCS were among the gainers.

Sensex drops 273 pts on sell-off in pharma, bank stocks

Sensex drops 273 pts on sell-off in pharma, bank stocks

Rediff.com27 Jul 2021

Equity benchmark Sensex tumbled over 273 points on Tuesday, tracking losses in index majors Reliance Industries, Dr Reddy's and Axis Bank amid a massive selloff in Chinese markets. Despite opening on a positive note, the 30-share BSE index turned red to end 273.51 points or 0.52 per cent lower at 52,578.76, while the broader NSE Nifty fell 78 points or 0.49 per cent to 15,746.45. Dr Reddy's was the top loser in the Sensex pack, plunging over 10 per cent, after the company reported s 36 per cent decline in consolidated net profit at Rs 380.4 crore for the quarter ended June 30, 2021, on account of higher expenses.

Sensex overcomes Omicron fear; surges 1,016 points at close

Sensex overcomes Omicron fear; surges 1,016 points at close

Rediff.com8 Dec 2021

Bajaj Finance was the top gainer in the Sensex pack, rising around 4 per cent, followed by Maruti, SBI, Bajaj Finserv, Sun Pharma and Asian Paints. NSE Nifty rallied 293.05 points to 17,469.75.

Sensex jumps 255 pts to close at lifetime high of 53,159

Sensex jumps 255 pts to close at lifetime high of 53,159

Rediff.com15 Jul 2021

HCL Tech was the top gainer in the Sensex pack, rallying over 5 per cent, followed by L&T, Tech Mahindra, HDFC Bank, UltraTech Cement, ITC and Tata Steel. NSE Nifty rose 70.25 points to its all-time high of 15,924.20.

Firm buying to keep the rally going in gold jewellery stocks, say analysts

Firm buying to keep the rally going in gold jewellery stocks, say analysts

Rediff.com27 Jul 2023

Stocks of gold jewellery retailers have been able to retain their sheen in 2023 despite volatile gold prices. Kalyan Jewellers, Titan, PC Jewellers, Thangamayil Jewellery, and Tribhovandas Bhimji Zaveri (TBZ) have rallied 21-72 per cent so far since April as compared to a 13 per cent gain in the benchmark Sensex index. The rally gained steam on the back of gold's 6 per cen

Sensex reclaims 60K; gains 381 points at close

Sensex reclaims 60K; gains 381 points at close

Rediff.com8 Oct 2021

Reliance Industries was the top gainer in the Sensex pack, rallying nearly 4 per cent, followed by Infosys, Tech Mahindra, HCL Tech, TCS and L&T.

Sensex rises 163 pts; Nifty tops 11,900 level

Sensex rises 163 pts; Nifty tops 11,900 level

Rediff.com21 Oct 2020

PowerGrid was the top gainer in the Sensex pack, surging over 4 per cent, followed by Bharti Airtel, Tata Steel, NTPC, HDFC Bank, UltraTech Cement and Kotak Bank. On the other hand, TCS, Nestle India, Reliance Industries and HCL Tech were among the laggards.

Sensex rallies 304.38 points to end at 39,878.95

Sensex rallies 304.38 points to end at 39,878.95

Rediff.com7 Oct 2020

Titan was the top gainer in the Sensex pack, climbing over 4 per cent, followed by Bajaj Auto, Maruti, Reliance Industries, ONGC and UltraTech Cement.

Sensex rallies 375 pts tracking gains in index majors

Sensex rallies 375 pts tracking gains in index majors

Rediff.com22 Apr 2021

ICICI Bank was the top gainer in the Sensex pack, surging over 3 per cent, followed by HDFC, Bajaj Auto, HDFC Bank, SBI, Kotak Bank and Bajaj Finance. NSE Nifty jumped 109.75 points to 14,406.15.

Sensex pares early losses; ends up 231 points

Sensex pares early losses; ends up 231 points

Rediff.com28 Mar 2022

Equity benchmark Sensex pared its early losses to close higher by 231 points on Monday, helped by buying in index heavyweight Reliance Industries and ICICI Bank amid positive global trends. After falling 537.11 points to a low of 56,825.09 in morning trade, the 30-share BSE barometer staged a recovery in afternoon trade and climbed 231.29 points or 0.40 per cent to settle at 57,593.49. As many as 20 Sensex stocks closed with gains while 10 declined. The broader NSE Nifty recovered 69 points or 0.40 per cent to settle at 17,222 with 29 of its constituents ending in green.

Banks shine brightest in otherwise pale FY23 for India Inc

Banks shine brightest in otherwise pale FY23 for India Inc

Rediff.com2 Jun 2023

The banking sector emerged as an outlier when the rest of India Inc witnessed a slowdown in earnings in FY23. The combined net profit of listed public and private sector banks was up 39.4 per cent year-on-year (YoY) last financial year and their share in India's gross value added (GVA) or gross domestic product (GDP) at factor cost rose to a record high of nearly 1 per cent up, from 0.8 per cent a year ago. Listed banks' combined net profit grew to Rs 2.36 trillion in FY23, from Rs 1.69 trillion a year ago. In comparison, India GVA at current prices was up 15.2 per cent YoY at Rs 247 trillion in FY23; it was around Rs 214 trillion a year ago.

Bank rally helps Sensex zoom 1,030 points in extended trade

Bank rally helps Sensex zoom 1,030 points in extended trade

Rediff.com24 Feb 2021

Axis Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by HDFC twins, ICICI Bank, Bajaj Finance and SBI. NSE Nifty zoomed 274.20 points to end at 14,982.

Markets end in red; Sensex down 391 points

Markets end in red; Sensex down 391 points

Rediff.com13 Oct 2022

Mixed earnings and not so encouraging macroeconomic data dented sentiment, Ajit Mishra, VP - Research, Religare Broking Ltd said. In twin blows to Indian economic revival, higher food prices drove retail inflation to a five-month high of 7.4 per cent, while factory output fell for the first time in 18 months. The second consecutive month of rise in consumer price index (CPI)-based inflation will add to the pressure on the Reserve Bank of India (RBI) to again raise interest rates to tame high prices. In the broader market, BSE Midcap declined 0.73 per cent while smallcap dropped 0.45 per cent.

Sensex zooms 1,345 points; reclaims 54,000 mark

Sensex zooms 1,345 points; reclaims 54,000 mark

Rediff.com17 May 2022

Benchmark equity indices Sensex and Nifty on Tuesday spurted by over 2.5 per cent to log their best single-day gains in three months, propelled by heavy buying in metal, energy and banking stocks amid a global rally in stocks. The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing with gains. During the day, it jumped 1,425.58 points or 2.69 per cent to 54,399.42. The broader NSE Nifty rallied 417 points or 2.63 per cent to finish at 16,259.30 points.

Rs 1.65 lakh cr of investor wealth wiped out on Thurs

Rs 1.65 lakh cr of investor wealth wiped out on Thurs

Rediff.com19 Sep 2019

Led by the weak trend in the broader market, the market capitalisation of BSE-listed companies plunged Rs 1,65,437.91 crore to Rs 1,38,54,439.41 crore.

Why short-term boost is NOT likely for auto stocks

Why short-term boost is NOT likely for auto stocks

Rediff.com19 Jan 2023

Auto Expo 2023 may not trigger a fresh rally in automobile stocks, say analysts, as this year's edition lacks participation from major listed players. It is also owing to the focus on electric vehicles (EVs), a segment where four-wheelers have minuscule market share. "In the passenger vehicles (PV) segment, Maruti Suzuki India and Tata Motors are the only listed players.

Sensex ends down 115 pts; closes FY22 with 18% gains

Sensex ends down 115 pts; closes FY22 with 18% gains

Rediff.com31 Mar 2022

Benchmark BSE Sensex gave up its early gains to settle lower by 115 points on the last day of 2021-22 fiscal on Thursday, dragged down by profit-taking in Reliance Industries, Infosys and HDFC Bank after a three-day rally. The 30-share barometer declined by 115.48 points or 0.20 per cent to settle at 58,568.51 in choppy trade due to the expiry of monthly derivatives contracts. During the day, it touched a high of 58,890.92 and a low of 58,485.79.

Investing In Shares? How Technical Analysis Can Help

Investing In Shares? How Technical Analysis Can Help

Rediff.com7 Nov 2023

Technical analysis can help you understand market trends so that you can make informed investment decisions, says Rupak De, senior technical analyst at LKP Securities.

Sensex rallies 377 points; Kotak Bank zooms 12%

Sensex rallies 377 points; Kotak Bank zooms 12%

Rediff.com27 Oct 2020

Other gainers included Nestle India, Asian Paints, Bajaj Finance, NTPC, L&T, Axis Bank and Bajaj Auto. On the other hand, TCS, ONGC, Infosys, HDFC and SBI were among the laggards. NSE Nifty surged 121.65 points or 1.03 per cent to 11,889.40.

Markets end on mixed note; Sensex climbs 158 points, Nifty dips

Markets end on mixed note; Sensex climbs 158 points, Nifty dips

Rediff.com1 Feb 2023

Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27 per cent to settle at 59,708.08 after it trimmed most of the intra-day gains. During the day, it had zoomed 1,223.54 points or 2 per cent to 60,773.44.

Airtel, HUL, RIL lift Sensex by 273 points

Airtel, HUL, RIL lift Sensex by 273 points

Rediff.com1 Sep 2020

While Bajaj Finance, Asian Paints, Tata Steel, NTPC and SBI were among the other gainers, ONGC, Axis Bank, Tech Mahindra, Infosys and ICICI Bank were among the laggards. NSE Nifty advanced 82.75 points or 0.73 per cent to settle at 11,470.25.

Bank stocks drag Sensex down 661 points at close

Bank stocks drag Sensex down 661 points at close

Rediff.com14 Jul 2020

Shares of the HDFC duo led the fall in the indices, shedding up to 2.94 per cent. IndusInd Bank, Axis Bank, Maruti, Bajaj Finserv, PowerGrid and SBI were among the other major laggards.

Major drivers for the equity markets this week

Major drivers for the equity markets this week

Rediff.com24 Jan 2022

Equity markets will look for directions from global trends, ongoing quarterly earnings and investment patterns of foreign institutional investors (FIIs) in a holiday-shortened week ahead and may encounter volatility amid the scheduled monthly derivatives expiry, according to analysts. Equity markets will remain closed on Wednesday on account of 'Republic Day'. "This week is a holiday-shortened one and it's going to be critical due to the list of events and data that are lined up.

Sensex, Nifty race to over 1-week high amid global stock rally

Sensex, Nifty race to over 1-week high amid global stock rally

Rediff.com28 Dec 2021

The 30-share BSE Sensex surged by 477.24 points or 0.83 per cent to close at more than one-week high of 57,897.48. As many as 28 of its constituents closed with gains while two declined. The broad-based Nifty of the National Stock Exchange rose by 147.20 points or 0.86 per cent to settle 17,233.45, tracking gains in Sun Pharma, Asian Paints, and Reliance Industries.

Sensex pares losses; finally ends down 581 pts on weak global cue

Sensex pares losses; finally ends down 581 pts on weak global cue

Rediff.com27 Jan 2022

HCL Tech was the top loser in the Sensex pack, skidding over 4 per cent, followed by Tech Mahindra Dr Reddy's, Wipro, TCS, Titan and Infosys. NSE Nifty plunged 167.80 points to 17,110.15.

Financial, auto stocks lift Sensex by 593 points

Financial, auto stocks lift Sensex by 593 points

Rediff.com28 Sep 2020

In the Sensex pack, IndusInd Bank was the top gainer, soaring around 8 per cent, followed by Bajaj Finance, Axis Bank, PowerGrid, ONGC, ICICI Bank, Sun Pharma and M&M.

Sensex scales fresh peak, ends 152 points higher

Sensex scales fresh peak, ends 152 points higher

Rediff.com10 Aug 2021

Bharti Airtel was the top gainer in the Sensex pack, rising around 4 per cent, followed by Tech Mahindra, HDFC, Kotak Bank, M&M and HCL Tech. NSE Nifty advanced 21.85 points to 16,280.10.

Markets hit fresh highs: Sensex zooms 873 pts; Nifty scales 16K

Markets hit fresh highs: Sensex zooms 873 pts; Nifty scales 16K

Rediff.com3 Aug 2021

Titan was the top gainer in the Sensex pack, rising around 4 per cent, followed by HDFC, Nestle India, IndusInd Bank, UltraTech Cement and Bharti Airtel. On the other hand, Bajaj Auto, Tata Steel and NTPC were the laggards.

Markets start FY22 on a high; Sensex reclaims 50,000

Markets start FY22 on a high; Sensex reclaims 50,000

Rediff.com1 Apr 2021

IndusInd Bank, Kotak Bank, ICICI Bank, Sun Pharma, Bajaj Finance and Ultratech Cement were prominent gainers. NSE Nifty rose 176.65 points to 14,867.35.

Sensex rises for 3rd day, gains 142 points

Sensex rises for 3rd day, gains 142 points

Rediff.com10 Aug 2020

L&T was the top gainer in the Sensex pack, rallying 4.81 per cent, followed by M&M, Sun Pharma, Tech Mahindra, NTPC, SBI, ICICI Bank and Titan.

Rupee likely to test 76.50 level this year: Experts

Rupee likely to test 76.50 level this year: Experts

Rediff.com3 Aug 2021

Indian rupee is likely to test 76-76.50 levels as a relatively strong greenback, boiling crude prices and COVID headwinds deepen the depreciation bias for the domestic currency, according to experts. One of the significantly-hit Asian currency in recent months amid uncertain economic times, rupee is expected to see a consolidation in the vicinity of the current level before being pulled towards the depreciation bias. While the equity market has been surging with occasional blips, the rupee has mostly been weak against the US dollar in recent months.