Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
The Sensex took less than two years to rally from the 10,000-mark it first hit in February 2006 to double that on that New Year's Eve.
Movement of rupee and crude oil prices will also dictate the trend
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No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Investors accumulated quality stocks at valuable and attractive levels.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Financials emerged as the top gainers while auto shares rallied on robust September sales
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
Declining motorcycle sales remained a cause of worry.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
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Banks, real estate and metal scrips among the top losers.
BHEL down around 2.4% and Bharti Airtel down around 1.6% were other major losers.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
Thirteen companies have joined the Rs 1-trillion-plus market capitalisation club this year, so far. This even as the benchmark Sensex has gained less than 3 per cent on a year-to-date basis, underscoring the bullish undercurrent in the broader market. The trend shows a harsh second wave of Covid-19, subsequent lockdowns, and hit to the economic activity has made little dent into India Inc or shareholders' wealth. At the start of the year, there were 29 companies with a market value of more than Rs 1 trillion.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Premiumisation, improving demand aid realisation growth at most large firms
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
FIIs pump in Rs 2,075 crore in past three trading sessions.
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
The index had risen over 585 points in the previous three sessions.
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Large and small businesses alike have delivered low-key performances.
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
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.
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The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
