The Sensex closed flat at 11,149.17 up 4 points. The Nifty gained 6 points to close at 3260.
TCS, ICICI Bank, Tata Motors and Tata Steel among the top losers for the day.
Tata Steel was the top loser in the Sensex pack, sinking over 5 per cent, followed by SBI, IndusInd Bank, Bajaj Finance, HDFC Bank and NTPC. NSE Nifty tanked 371 points to 16,614.20.
Bajaj Finance was the top laggard in the Sensex pack, skidding over 2 per cent, followed by Kotak Bank, Nestle India, HDFC, M&M and ICICI Bank. ONGC was the top gainer, rallying around 8 per cent. NTPC, Asian Paints, Tech Mahindra, PowerGrid and IndusInd Bank were among the other winners.
Banks and Capital Goods scrips among the top losers in noon deals.
The 30-share BSE Sensex is up 269 points at 9199. The NSE Nifty is up 82 points at 2714.
The markets are once again in a bear hug and the Sensex at 1400 hrs is down 133 points at 8,930.
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.
L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Hindustan Unilever and pharma stocks were on buyers' radar; rate-sensitives faced jitters ahead of the credit policy.
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
At close, the Sensex was up 0.7% or 124 points at 18,789 and the Nifty gained 0.8% or 46 points to end at 5,565.
Short covering in index heavyweights like HDFC, HDFC Bank and TCS aided the upmove.
The markets have opened on a positive note but soon weakness began to set in
The markets continue to trade at the higher level on the back of buying in scrips across sectors
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
The markets have opened on positive note despite of worries in Middle East countries and mixed trade in Asian markets
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Axis Bank was the top laggard in the Sensex pack, plunging more than 5 per cent, followed by HDFC, Bajaj Finance, ICICI Bank, Tata Steel, Bajaj Auto, HDFC Bank and IndusInd Bank. On the other hand, M&M, Infosys, Asian Paints, UltraTech Cement and Tech Mahindra were among the gainers.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Markets surged in late trades to end near their three-month highs, amid strong global cues, led by gains in ITC and short covering in bank shares.
The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Heavyweights like Reliance, L&T, Tata Motors, ICICI Bank, HDFC Bank, Bharti Airtel, TCS, ONGC and SBI among the draggers.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%
the broader NSE Nifty settled 114.90 points, or 0.96 per cent, higher at 12,086.70. Axis Bank was the top gainer in the Sensex pack, rallying 4.21 per cent, followed by Vedanta 3.75 per cent, SBI 3.39 per cent, Maruti 3.20 per cent, IndusInd Bank 3.07 per cent and Yes Bank 2.87 per cent. Bharti Airtel slipped 1.98 per cent, Kotak Bank 1.38 per cent, Bajaj Auto 0.88 per cent, Asian Paints 0.31 per cent, HDFC Bank 0.05 per cent and HUL 0.03 per cent.
Bank stocks rose sharply by up to 12 per cent after the government's move to withdraw 500 and 1,000 rupee notes from circulation as part of black money crack down
The NSE Nifty gained 50 points to close at 3553.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
At first glance, the numbers show a mixed trend.
The Sensex closed at 13,340, down 42 points. The Nifty lost 16 points to close at 3,816.
Firm global cues, along with gains in FMCG majors ITC and Hindustan Unilever aid the upmove.
ICICI Bank and HDFC Bank help the upmove.
Investors must adhere to their risk appetite at all times and should do well for themselves over the long-term.
