S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
Gains were led by index heavyweights Reliance Industries and Infosys.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
The market breadth, indicating the overall health of the market, turned negative from positive
IT majors along with metal names Sesa Goa and Hindalco buck trend.
Dr Reddy's was the top loser in the Sensex pack, shedding around 5 per cent, followed by M&M, Tech Mahindra, Axis Bank, IndusInd Bank and TCS. NSE Nifty sank 306.05 points to finish at 14,675.70.
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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.
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Sensex,Nifty to remain under pressure through the week.
The market capitalisation of BSE-listed firms reached an all-time high of Rs 288.50 lakh crore on Wednesday amid an ongoing rally in equities, as the benchmark Sensex settled above 63,000-level for the first time ever. The 30-share BSE barometer climbed 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. During the day, the benchmark jumped 621.17 points or 0.99 per cent to 63,303.01, its lifetime intra-day peak. Extending its winning momentum to seventh day, the Sensex has rallied 1,954.81 points or 3.19 per cent during this time.
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.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
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.
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.
Infosys, TCS and Wipro gained 1-3% contributing the most to the Sensex gains.
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 S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
Nifty PSU bank index dropped nearly 2%
PSU banks and OMCs among the top gainers.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
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.
Nikunj Saraf, Vice President Choice Wealth, answers your queries
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
The NSE Nifty closed 78 points higher at 5,368.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
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.
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.
Experts say, investors will be better off exiting them at higher levels and investing in stocks of fundamentally sound companies.
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.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
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.
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
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.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
