Banks and Capital Goods scrips among the top losers in noon deals.
ITC was the biggest gainer in the Sensex pack, rallying 3.14 per cent. Maruti Suzuki, Axis Bank, Hero MotoCorp, Vedanta, Asian Paints, M&M, HUL, Bajaj Auto and PowerGrid were among the other top gainers, rising up to 2.13 per cent.
Equity benchmarks Sensex and Nifty on Friday spurted by nearly 2 per cent, propelled by heavy buying in IT, metal and financial stocks amid a rally in global markets after lower-than-expected US inflation data. A strong rupee against the US dollar and unabated foreign capital inflows further bolstered sentiment, traders said. Easing US inflation triggered speculation that the US Federal Reserve might slow down the pace of interest rate hikes.
The Nifty dropped 10 points to close the day at 5,874.
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
The market breadth in BSE remains healthy with 1,476 shares advancing and 828 shares declining.
The Nifty shed 18 points to end at 5,420.
Nifty shed nine points to close at 5,541.
Financial shares and auto stocks among the top gainers for the day
The 30-share BSE Sensex is up 269 points at 9199. The NSE Nifty is up 82 points at 2714.
The markets plunged on account of heavy selling in scrips across sectors.
Hindustan Unilever and pharma stocks were on buyers' radar; rate-sensitives faced jitters ahead of the credit policy.
The Nifty is down 33 points at 6,046. Earlier the day, the Sensex had opened in the green but quickly pared its initial gains on back of selling pressure in banking and auto shares.
Of the total 3096 stocks traded,1796 stocks have declined while 1155 have advanced on the BSE.
The markets continue to trade at the higher level on the back of buying in scrips across sectors
The markets have opened on positive note despite of worries in Middle East countries and mixed trade in Asian markets
The Nifty ended at 5452, up 35 points. The market breadth was marginally positive. Out of 3085 stocks traded on the BSE, there were 1505 advancing stocks as against 1413 declines.
Investors' wealth soared by Rs 10.58 lakh crore in three days of the market rally, where the BSE benchmark jumped over 2 per cent, and hit an all-time high on Monday. Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 363.20 points or 0.49 per cent to settle at 74,014.55. During the day, it zoomed 603.27 points or 0.81 per cent to hit its record high of 74,254.62.
Out of 2948 stocks traded on the BSE, there were 1008 advancing stocks as against 1836 declines.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
Asian Paints dropped the most by 1.33 per cent. IndusInd bank fell 1.2 per cent, Axis Bank by 1.19 per cent, SBI by 1.12 per cent, Bajaj Finance by 1.07 per cent, Nestle by 1.04 per cent, and TCS by 0.97 per cent. Hindustan Unilever, Reliance Industries, Power Grid and Kotak Bank also retreated. Maruti Suzuki was the lead gainer, rising by 2.22 per cent.
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.
Stock markets would be largely driven by macroeconomic data, auto sales numbers, FII inflows and global trends this week, analysts said. The US debt ceiling negotiations and institutional flows will also be watched by investors. "This week, market participants will closely monitor institutional flows, as there is a historical observation that when both FIIs and DIIs become net buyers simultaneously, there is a likelihood of some profit-booking in the market," said Santosh Meena, head of research, Swastika Investmart Ltd.
Firm global cues, along with gains in FMCG majors ITC and Hindustan Unilever aid the upmove.
The Sensex closed at a new high of 13,706.53, up 89.76 points or 0.66%
M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.
The market breadth was weak. Out of 2902 stocks traded on the BSE, there were 1116 advancing stocks as against 1660 declines.
In the Sensex pack, NTPC, Tata Steel, SBI and IndusInd Bank were among the major laggards. In contrast, Wipro, HCL Tech, Mahindra & Mahindra and Nestle were among the nine stocks that defied the trend.
The Nifty added 15 points to close at 5,532.
The Nifty ended at 5416, down 4 points. The market breadth was weak. Out of 3045 stocks traded on the BSE, there were 1293 advancing stocks as against 1640 dcelines.
...helped by a Wall Street rally after the US Federal Reserve yesterday pledged to keep US interest rates low at least through mid-2013.
The Nifty ended at 6011, up 31 points. The broader markets also moved in tandem; the midcap index ended at 7627, higher by 18 points and the smallcap index ended at 9354, up 29 points.
The Nifty ended at 5650, up 23 points. The market breadth was positive. Out of 2964 stocks traded on the BSE, there were 1768 advancing stocks as against 1073 declines
The BSE benchmark index weakened by 295 points at 19,091 and the Nifty lost 95 points to close at 5,729.
Out of 3018 stocks traded on the BSE, there were 956 advancing stocks as against 1946 declines.
