Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
the broader NSE Nifty settled 114.90 points, or 0.96 per cent, higher at 12,086.70. Axis Bank was the top gainer in the Sensex pack, rallying 4.21 per cent, followed by Vedanta 3.75 per cent, SBI 3.39 per cent, Maruti 3.20 per cent, IndusInd Bank 3.07 per cent and Yes Bank 2.87 per cent. Bharti Airtel slipped 1.98 per cent, Kotak Bank 1.38 per cent, Bajaj Auto 0.88 per cent, Asian Paints 0.31 per cent, HDFC Bank 0.05 per cent and HUL 0.03 per cent.
From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.
The growth was led by family-owned companies and business groups with presence in pharmaceuticals, information technology services, and consumer products.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
Staggered pull-out will help investors if the market continues to rise.
Analysts attribute the surge to a host of factors, particularly the interest shown by the retail investors in these two market segments.
The S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.3% and 0.5%, respectively
The S&P BSE Midcap and the S&P BSE Smallcap indices added 0.5% and 0.7%, respectively
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
Top losers in the Sensex pack on Friday included Bajaj Finance, ONGC, IndusInd Bank, PowerGrid, L&T, Axis Bank, NTPC, Bharti Airtel, HDFC, HDFC Bank and Kotak Mahindra Bank, falling up to 2.08 per cent.
In the broader market, the S&P BSE Midcap added over 1% to finish at record closing high
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
After a positive opening, the 30-share BSE Sensex suddenly faced selling pressure in late-afternoon trade. It finally settled just 5.67 points, or 0.01 per cent, lower at 39,586.41.
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
The S&P BSE Small-cap index has recovered 26 per cent as compared to a 23 per cent rise in the S&P BSE Sensex.
The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
Though many such funds may not make the grade, it would be foolhardy to ignore them
Top gainers in the Sensex pack include SBI, Yes Bank, Tata Motors, L&T, ICICI Bank, IndusInd Bank, ONGC, Maruti, M&M, Axis Bank, RIL, Hero MotoCorp, HDFC, Vedanta, Asian Paints, Tata Steel and Bajaj Finance, rising up to 7 per cent.
The markets opened in red in line with weak Asian peers.
At first glance, the numbers show a mixed trend.
The markets opened pretty strong in line with global cues.
The Sensex closed at 13,340, down 42 points. The Nifty lost 16 points to close at 3,816.
Satyam, Reliance Communications and Bharti Airtel declined 1.7% each to Rs 451, Rs 731 and Rs 966, respectively.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
The NSE Nifty ended at 5,961, down 13 points. The BSE Midcap and Smallcap indices gained over 1% each at 9117 and 11,531, respectively. The market breadth was extremely bullish - out of 2,903 scrips traded, 2,060 logged gains.
The Sensex closed flat at 11,149.17 up 4 points. The Nifty gained 6 points to close at 3260.
Mid and small-cap stocks have been the stars of Indian stock markets this year. Recognising this, mutual funds have launched a plethora of schemes targeted at this universe of stocks this year.
The Sensex finally finished on a flat note at 10,752, up 8 points.
The markets have opened on negative note, as global cues were down.
The markets opened flat and slipped in the negative terrain taking cues from weak Asian peers.
The markets opened on negative note as traders booking profits at higher levels