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.
Hindustan Unilever and pharma stocks were on buyers' radar; rate-sensitives faced jitters ahead of the credit policy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
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.
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.
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
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
The markets have opened on positive note despite of worries in Middle East countries and mixed trade in Asian markets
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
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.
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%
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries
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
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
The NSE Nifty gained 50 points to close at 3553.
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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.
Top losers in the Sensex pack on Friday included Bajaj Finance, ONGC, IndusInd Bank, PowerGrid, L&T, Axis Bank, NTPC, Bharti Airtel, HDFC, HDFC Bank and Kotak Mahindra Bank, falling up to 2.08 per cent.
Investors must adhere to their risk appetite at all times and should do well for themselves over the long-term.
The markets opened in the positive terrain with strong global cues
Benchmark share indices ended lower on Friday dragged by rate-sensitive shares as hopes of a rate cut remained elusive after better-than-expected Apr-Jun GDP data. Selling pressure in index heavyweight Reliance Industries also dampened sentiment.
The Nifty gained 118 points to close at 3,199.
The bloodbath at the markets ended with the Sensex losing 457 points to close at 10,482.
While Vedanta was the biggest gainer in the Sensex pack rallying 4.67 per cent, others included Tata Steel, ONGC, NTPC, Yes Bank, Infosys, Sun Pharma, Bharti Airtel, SBI, Bajaj Finance, L&T and RIL, rising up to 4.13 per cent.
