'The market position from here on is expected to go up'.
Markets ended lower for the third straight day on Tuesday weighed down by profit taking in rate sensitives with bank shares leading the decline after hopes of rate cut by the central bank faded.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Snapping its 3-day winning spree against the American currency, the rupee on Wednesday dropped by 21 paise to end at 66.64 on fag-end dollar demand from banks and importers despite a sharp rally in domestic equities.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The indices closed with losses for the week, with the Sensex declining 476.14 points, and the broader NSE Nifty falling 155.45 points during the period.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Expectations of continued stimulus withdrawal by the US Federal Reserve added to the market's gloom.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
Banks and realty among the most hit on account of high borrowing costs.
The Sensex ended in red on domestic concerns.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Markets ended weak tracking the expiry of April derivative contracts.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Gains were led by index heavyweights with Reliance Industries contributing the most.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
Bank of Baroda ended flat after sharp gains in the previous session.
The Sensex ended lower on unfavourable cues.
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