.jpg)
The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
Nestle India was the top laggard in the Sensex pack, shedding around 2 per cent, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy's. NSE Nifty slipped 20.10 points to 15,670.25.
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Sensex,Nifty to remain under pressure through the week.
Investors' wealth tumbled by over Rs 7.35 lakh crore on Friday, with the BSE benchmark Sensex plummeting 1,688 points amid a global selloff triggered by a new coronavirus variant. The 30-share index tumbled 1,687.94 points or 2.87 per cent to close at 57,107.15. During the day, it tanked 1,801.2 points or 3.06 per cent. Tracking the weak trend, the market capitalisation of BSE-listed companies slumped by Rs 7,35,781.63 crore to reach Rs 2,58,31,172.25 crore.
The Nifty lost 45 points to settle for the day at 5,348, up 19 points from the day's low of 5,329.
Nikunj Saraf, Vice President Choice Wealth, answers your queries
JP Morgan has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over. Rising margin headwinds in the near-term and the revenue headwinds in the medium-term from a potential macro slowdown, Ankur Rudra and Bhavik Mehta of JP Morgan said in the report, will mean that the sector's earnings upgrade cycle is behind. "We see peak revenue growth behind us and earnings before interest and taxes (EBIT) margins trending down from inflation, mean revision.
Infosys, TCS and Wipro gained 1-3% contributing the most to the Sensex gains.
The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
The NSE Nifty was down 66 points at 6,080. In the broader markets, the midcaps and the smallcaps indexes were also down 1% each.
Nifty PSU bank index dropped nearly 2%
The BSE Sensex maintained its winning run for the fourth session on the trot on Wednesday to reclaim the 60,000-level after a gap of over four months as investors remained upbeat amid softening crude oil prices and persistent foreign fund inflows. A strengthening rupee and positive Asian markets further bolstered sentiment, traders said. The 30-share BSE benchmark jumped 417.92 points or 0.70 per cent to settle at 60,260.13 -- closing above the psychologically key 60,000-mark for the first time since April 5 this year.
PSU banks and OMCs among the top gainers.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Titan was the top gainer in the Sensex pack, rising over 3 per cent, followed by M&M, Reliance Industries, Axis Bank, TCS, Maruti and Infosys. NSE Nifty surged 122.10 points to 15,885.15.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
Experts say, investors will be better off exiting them at higher levels and investing in stocks of fundamentally sound companies.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
The NSE Nifty closed 78 points higher at 5,368.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
The Sensex closed flat at 11,149.17 up 4 points. The Nifty gained 6 points to close at 3260.
Coal India moved higher by over 3% to Rs 263, despite of weak April-June (Q1FY14) results, on expectation of earnings improvement by going forward.
Equity benchmark Sensex rebounded 454 points on Thursday, boosted by gains in index heavyweight Reliance Industries amid a positive trend in global markets.
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
TCS was the top gainer in the Sensex pack, rising over 3 per cent, followed by L&T, Bharti AIrtel, HCL Tech, Tata Steel, Bajaj Auto and Reliance Industries. NSE Nifty rallied 164.70 points to its fresh closing peak of 16,529.10.
The markets are once again in a bear hug and the Sensex at 1400 hrs is down 133 points at 8,930.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
