Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Equity fund managers say large-caps offer higher relative safety, especially in such times.
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
Nifty PSU bank index dropped nearly 2%
Thus far in 2017-18, FIIs and MFs have invested Rs 198.91 billion and Rs 1,119.49 billion in the Indian equity markets. Of this, around Rs 152.46 billion has come in January alone.
The breadth, indicating the overall health of the market, turned negative from positive
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
Implementation of the Seventh Pay Commission recommendations, One Rank, One Pension are the other triggers going ahead, analysts say
The S&P BSE Sensex dropped 207 points to end at 25,230.
FY16 saw the highest number of new product launches in a year from Maruti
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
Financial shares were among the top Sensex gainers along with auto and pharma shares.
Indian equity markets registered their highest single-day percentage gains since early October.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
The progress of the GST Bill in Parliament is also likely to remain in focus
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
The S&P BSE Sensex plunged 128 points to end at 25,102.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
Gains were led by index heavyweights with Reliance Industries contributing the most.
Participants are keenly waiting for the January IIP.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances