Market Watch

Mumbai, 21 Feb 2017/--/The S&P BSE benchmark sensex continued to rule firm for the fourth day Tuesday, surging by 100 points to close at 5-month high at 28,761.59 and the NSE 50-share Nifty hit 8,900-level after 5-month to end at 8,907.85 on persistent buying in select counters. Shares of...

Mumbai, 16 Feb 2017/--/Snapping a two-session losing run, the Sensex surged 146 points Thursday to close at 28,301, powered by IT stocks, after bellwether TCS said it will consider a share buyback proposal next week. Value-buying in pharma and other counters and upbeat macroeconomic data also...

Mumbai, 14 Feb 2017/--/The benchmark Sensex snapped its three day winning streak, ending with marginal fall by 12.51 points amid profit-booking in frontline shares of Auto, Metal, Pharma and Realty stocks amid weak global sentiment. The broader Nifty slipped below the key 8,800-level. Earlier the...

Mumbai, 10 Feb 2017/--/The stock markets failed to tap into the early momentum Friday as both the Sensex and the Nifty did not make much headway in the end ahead of IIP numbers even as other Asian shares raced to an 18-month high amid a higher opening in Europe. Lacklustre quarterly readings of a...

Mumbai, 9 Feb 2017/--/Stocks drove into consolidation mode Thursday in absence of fresh triggers as the Sensex remained marginally up to close at 29,330 ahead of release of key macro data on Friday. Leaving the RBI policy meet behind, where the central bank kept repo rate on hold on Wednesday, the...

Mumbai, 6 Feb 2017/--/The Budget-induced optimism got a leg to stand on as the Sensex today pushed higher for the fourth day by scoring 199 points to close at 28,439 -- a 4-month high -- after hopes built up that RBI might go in for a rate cut at the Wednesday's policy meet. The NSE Nifty retook...

Mumbai, 3 Feb 2017/--/The post-Budget climb went on for the third day as the Sensex stayed in the green at 28,241 with a minuscule gain after a monthly survey suggested that Reserve Bank has much headroom to stay accommodative in its policy meet next week. With help from banking and healthcare...

Mumbai, 2 Feb 2017/--/Both the indices, Sensex and Nifty ended in green for the second straight day and continued to rule at 4-month high at 28,226.61 and 8,734.25 respectively on persistent demand in select counters on the back of sustained capital inflows coupled with positive announcement in the...

Mumbai, 1 Feb 2017/--/A focus on fiscal discipline and clarity on FPI taxation as reflected in the Union Budget came as music to investors' ears, with the Sensex leaping nearly 486 points on Wednesday to close at an over 3-month high of 28,142. Financial and realty stocks powered the show. Markets...

Mumbai, 27 Jan 2017/--/Barometer Sensex ticked all the right boxes as it rallied for the fourth day to end at a 3-month high of 27,882 as February derivatives series got off to a solid start ahead of the budget next week, registering best weekly gains since May last year. Financial stocks led by...

Mumbai, 12 Jan 2017/--/Continuing the winning run for the third straight day, Sensex rose nearly 107 points to finish at an over two-month high of 27,247.16 and Nifty breached the key 8,400-mark -- fuelled by power, IT and banking stocks rally, but the gains were restricted by battered pharma...

Mumbai, 11 Jan 2017/--/Extending Tuesday's rally, benchmark Sensex Wednesday surged nearly 241 points to close at a two-month high of 27,140 and Nifty reclaimed the 8,300-level on widespread buying triggered by a positive start of the earnings season and firm Asian cues. Investors cheered better-...

Mumbai, 10 Jan 2017/--/BSE benchmark Sensex Tuesday rallied over 173 points to close at 26,899.56, snapping its two-session fall, on emergence of buying in auto, banks and metals coupled with encouraging tax collection data ahead of December quarter results. The key indices opened on a positive...

Mumbai, 9 Jan 2017/--/The benchmark Sensex remained range-bound in choppy trade today, ending about 33 points down as investors preferred to stay light ahead of earnings season and macroeconomic numbers amid estimates of slowdown in the country's GDP growth. Caution prevailed on sustained outflows...

Mumbai, 4 Jan 2017/--/Market traded sideways and ended a touch lower on Wednesday, hit by selling by foreign investors towards the close of the session amid a subdued trend in Europe. The Sensex succumbed to the pressure, ending down 10.11 points, or 0.04 per cent, at 26,633.13. The gauge had...

Mumbai, 3 Jan 2017/--/Reversing its previous day's losses, the Sensex today staged a comeback to end with a paltry gain of 48 points at 26,643, buoyed by pick-up in infrastructure sector in November coupled with firm global cues. The overall recovery received some support from banking stocks which...

Mumbai, 2 Jan 2017/--/In a listless trading Monday, the Sensex closed with a marginal loss of over 31 points at 26,595 on the first trading day of 2017 as banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line. Investors started taking profit that made...

Mumbai, 30 Dec 2016/--/Stocks signed off 2016 on a cheerful note, with the Sensex surging over 260 points on Friday to close at over a fresh two-week high of 26,626 on the final trading session of the year, amid positive Asian cues. The beginning of January 2017 series of futures and options made...

Mumbai, 29 Dec 2016/--/Staying flat most of the session, late afternoon buying lifted Benchmark Sensex by 155.47 points to close one week highs at 26,366.15, while the broader Nifty ended above the key 8,100-level amid December F&O derivative expiry day. The market witnessed thin volumnous...

Mumbai, 28 Dec 2016/--/The Sensex wiped off all its gains today to end in the red with a minuscule fall at 26,211 as cautious investors took profit at higher levels ahead of the monthly derivatives expiry amid a mixed trend overseas. Besides, the rupee depreciated 18 paise intra-day against the...

Mumbai, 27 Dec 2016/--/The market notched up its biggest single-session rally in about three weeks today to end above the 26,000-mark as the Sensex rebounded by over 406 points after Finance Minister Arun Jaitley underlined the need to have globally compatible tax rates to broad-base the economy....

Mumbai, 26 Dec 2016/--/The rally in the previous session proved to be a temporary breather as the NSE Nifty on Monday slumped to a 7-month low of 7,908 and the Sensex below 26,000, hit by talk of higher taxation after Prime Minister's remarks. On Saturday, Prime Minister Narendra Modi had said...

Mumbai, 24 Dec 2016/--/The BSE benchmark Sensex marked biggest loss not seen since five weeks, dropping 448.86 points to finish at 26,040.70, while the broader Nifty dipped below the psychological 8,000-level. Bearishness tagged the trading momentum from day-one of the week, borne by cascading...

Mumbai, 22 Dec 2016/--/Domestic stocks struggled for the seventh day as the Sensex broke below the crucial 26,000-mark to nearly a one-month low by plunging 263 points in absence of any major triggers and a likely hit to quarterly earnings from demonetisation. This is its longest falling spell...

Mumbai, 19 Dec 2016/--/The Sensex dived for the fourth straight session today to close at almost a two-week low of 26,375 by falling about 115 points, tracking negative leads from the global market amid continuous funds outflow. Concerns over soaring oil prices, trading above the USD 55 a barrel...