Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
Sesnsex ended the day flat on heavy selling pressure.
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
Banking and real estate stocks rise up to 5% on further rate-cut hope.
Markets closed in the red on domestic worries.
The 30-share Sensex ended down 215 points at 27,011.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.
The 30-share Sensex gained 117 points to end above 29,000 at 29,006 while the 50-share Nifty gained 32 points to close at 8,761.
Pharma stocks have performed well after Budget
Banks and realty among the most hit on account of high borrowing costs.
A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
There has also been some easing of norms, allowing foreign direct investment to come into relatively small projects of 20,000 sq metres.
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
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The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
Pharma shares extended losses after the government's ban on combination drugs.
Markets closed the day in green on favourable domestic factors,
Stock market investors on Friday became richer by over Rs 1 lakh crore as the share market rose and the benchmark Sensex galloped to a new closing high enthused by the clear win of Narendra Modi-led BJP in Lok Sabha polls.
Markets ended in green on rate cut hope.
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Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
Despite a strong start to trade today, key benchmark indices retreated sharply from their higher levels following bouts of profit-taking amid fresh weakness in the rupee against the dollar.
The NSE Nifty also moved up by 12 points to 8,648.35.
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
