Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Investors booked profits at higher levels with oil shares leading the decline
Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.
Weakness in Infosys, L&T and Hindalco cap index gains.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Sensex closed the day 416 points higher.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Movement of rupee and crude oil prices will also dictate the trend
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
The market breadth in BSE remains healthy with 1,829 shares advancing and 721 shares declining
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Import curbs on Chinese panels and modules may help, but low demand and capacity remain problem areas, says Shreya Jai.
Caution prevailed across the bourses ahead of the Union Budget.
IT majors along with metal names Sesa Goa and Hindalco buck trend.
The broader NSE Nifty ended at 10,888, a gain of 0.77 per cent or 83 points, after shuttling between 10,900.35 and 10,844.85.
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.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Sensex closed over 118 points down on Thursday.
Investors booked profits at higher levels despite the growth oriented Budget.
The investments are expected to happen in the Delhi-Mumbai Industrial corridor.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
The broader NSE Nifty plunged 119.15 points, or 1.01 per cent, to 11,709.10.
Oil tanked to a 7-year low as OPEC decided to maintain production.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
The European Union has said the recent big ticket merger and acquisitions between Indian and European companies including Tata-Corus and Vodafone-Hutch would pave the way for greater economic integration
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
Investors took the Yes Bank event negatively because it raises a question on the stability of the overall Indian financial system.
Pharma major Sun Pharma remained the worst loser in the Sensex pack for the second day in a row after reports that regulator Sebi may reopen the insider trading case against the company.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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