Mixed global cues and decline in crude oil prices further dent the sentiments.
The broader NSE Nifty closed 1.25 points, or 0.01 per cent down at 10,564.05.
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
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This is the highest closing for both the indices since May 15.
L&T, ONGC and banking scrips power gains in today's trade
ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Top losers in the Sensex pack included M&M, SBI, Yes Bank, Asian Paints, HDFC, Tata Steel and L&T, shedding up to 2.55 per cent. The broader NSE Nifty settled 79.80 points, or 0.72 per cent, down at 10,996.10.
The 30-share barometer started higher, but lost its way soon after the railway budget.
The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
The recent run on the US-based Silicon Valley Bank (SVB) and the subsequent seizure of its assets by the regulators may have sparked a global wave of risk aversion, particularly for start-ups. However, the Indian banking sector is unlikely to be a victim of any contagion effects, said analysts. he bank, which played a big role in financing start-ups and technology players, faced stress after incurring huge losses on its holdings of US bonds, following the most-aggressive monetary tightening cycle by the Federal Reserve in around four decades.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The Sensex had bounced back with gains of 94 points or 0.3%
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
The 30-share Sensex ended down 215 points at 27,011.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
CII said working capital limit enhancement should be accompanied by relaxing norms related to collaterals.
Powered by a rally in index heavyweight Reliance Industries, equity benchmark Sensex broke its four-session losing run to close above the 55,000-mark on Thursday despite a weak trend overseas. Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off. However, a depreciating rupee and persistent foreign fund outflows capped the gains, traders said. Overcoming a lacklustre start, the 30-share BSE Sensex surged 427.79 points or 0.78 per cent to close at 55,320.28.
BSE benchmark Sensex nursed losses on Friday as investors pocketed gains after a five-session winning streak amid a bearish trend overseas. A depreciating rupee and foreign fund outflows further soured risk sentiment, traders said. The 30-share gauge, which had started the trade on a firm note, soon gave up all the gains and finally ended 651.85 points or 1.08 per cent lower at 59,646.15. The broader NSE Nifty snapped its eight-day rally to close at 17,758.45, down 198.05 points or 1.10 per cent.
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
Equity benchmarks mustered gains for the first time this week on Thursday as investors piled into the recently-battered metal, bank and IT stocks amid expiry of monthly derivative contracts. Snapping its three-session losing streak, the 30-share BSE Sensex rallied 503.27 points or 0.94 per cent to settle at 54,252.53. On similar lines, the broader NSE Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15.
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.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
The Sensex ended below 28,000 for the second straight day at 27,869.
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Banks, real estate and metal scrips among the top losers.
Investors can sell their entire equity and move to debt when stocks get expensive
Investors' wealth zoomed by Rs 5,78,634.72 crore in two days of intense market rally, with participants adding Rs 2,74,908.83 crore to their fortune on Tuesday. Over the past two sessions, the BSE gauge Sensex has gained about 1,461 points or 2.99 per cent. The benchmark rallied 612.60 points or 1.24 per cent to settle above the 50,000-mark on Tuesday. Following the two-day massive rallies, the market capitalisation of BSE-listed companies jumped by Rs 5,78,634.72 crore to a record Rs 2,16,39,367.91 crore on Tuesday.
During the current financial year, 25 companies have raised Rs 28,220 crore through IPOs
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
