Investing in the US market provides Indian investors a hedge against the rupee's long-term tendency to depreciate against the dollar.
Sustained buying in heavyweights like L&T, Reliance and ICICI Bank and power scrips (BHEL, NTPC and REL) saw the index zoom to a high of 17,838 - an intra-day gain of nearly 890 points - towards the closing bell. The NSE Nifty finished with a gain of 273 points (5.5%) at 5,202.
The NSE Nifty finished with a gain of 180 points at 5,317. The BSE market breadth was bearish - out of 2,795 scrips traded, 1,606 declined.
The NSE Nifty finished with a gain of 180 points at 5,317. The BSE market breadth was bearish - out of 2,795 scrips traded, 1,606 declined.
All the sectoral indices, too, rallied sharply today. The BSE IT index zoomed over 6% (261 points) to 4582. The BSE Bankex, Power, PSU and TECk indices moved up 3-5% each today.
The NSE Nifty ended at 4,529, up 32 points.
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.
The NSE Nifty ended at 5,695, up 78 points. All the sectoral indices, too, finished with sharp gains today. The BSE Bankex zoomed 352 points (3.5%) to 10,538. The BSE MidCap Index gained 168 points (2.1%) to 8114.
HDFC and HDFC Bank's merger - touted as India's biggest-ever corporate merger - pumped up shares of the two entities on the bourses. Shares of Housing Finance Development Corporation (HDFC) skyrocketed 9 per cent while those of HDFC Bank zoomed 10 per cent. In comparison, the benchmark S&P BSESensex and the Nifty50 indices settled 2.2 per cent higher on Monday.
With an m-cap of Rs 31,744 crore, IRCTC stood at 96th position in the overall market capitalisation ranking, the BSE data shows.
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.
Hero MotoCorp, Bajaj Auto, M&M and Tata Motors were the major winners.
Spurt in Infosys scrip was significant in sending the BSE benchmark Sensex higher by 119.15 points to 19,795.21 at 0925 hours.
On Monday, the biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, Tata Motors, HCL Tech, IndusInd Bank and Kotak Bank, HCL Tech, Infosys and Bajaj Auto.
The NSE Nifty too soared by 118 points to close at 3641.
The Sensex opened with a positive gap of 11 points at 8,084, and dropped to a low of 8,050 in early deals.
At the end of Monday's trading session, the market capitalisation of BSE-listed companies stood at Rs 1,51,86,312.05 crore against Rs 1,46,58,709.68 crore on Friday.
The Sensex opened with a negative gap of 18 points at 8,588, which also turned out to be the low for the day.
The Sensex witnessed a great bull run on Monday.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
Sensex ends at an all time high of 10,565
The Sensex opened with a positive gap of 17 points at 8,761, which turned out to be the low for the day.
The Sensex opened with a positive gap of 33 points at 8,504, and zoomed to a high of 8,570 in morning deals.
The Sensex opened with a positive gap of nine points at 8,707, which also turned out to be the low for the day. Sustained buying in tech scrips, auto and Reliance saw the index zoom to a high of 8,809.
The Sensex opened on a positive note at 7,556 and soon gathered momentum to rise above the 7,600-mark.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
The NSE Nifty ended at 4,805, up 22 points. The market breadth was marginally negative. Out of 2,889 shares traded, 1,362 advanced, 1,461 declined and 66 were unchanged on Tuesday.
Among the sectoral indices, realty and metal indices lead the rally.
Bulls might be on the rampage on Dalal Street but lofty valuations of the Indian equities present a reason for concern and the markets could perhaps witness up to 10 per cent correction, according to analysts. Benchmark indices have been on a record-breaking rally lately and August witnessed the stock market reaching many new highs. The BSE benchmark soared over 9 per cent last month.
The NSE Nifty ends at 3,684, up 59 points. The market breadth was positive, out of 2,616 shares traded,1,696 advanced and 828 declined.
As the Indian equities signed off 2019 on a remarkable note, the m-cap of BSE-listed companies rose by Rs 11,05,363.35 crore to Rs 1,55,53,829.04 crore.
The NSE Nifty settled at 4,819, up five points. Among the sectoral indices, realty index slipped 2% to 4,317. Metal and bankex indices on the other hand gained over 1% each.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
The index, in the last hour, surged to a high of 12,220, up 347 points. The NSE Nifty ended at 3,672, up 78 points.
NSE Nifty ended at 4,457, up 45 points.
The BSE IT index zoomed 8% to 2,741. The Realy index, however, shed 3.7% at 2,431. The market breadth was fairly negative - out of 2,616 stocks traded, 1,643 declined, 920 advanced and 53 were unchanged on Monday.
NSE Nifty is trading at 4,462, up 106 points.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
