Market Watch

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...

Mumbai, 16 Dec 2016/--/Market continued to tread in sluggish phase for the third consecutive day by declining 29.51 points to conclude at 26,489.56, and the broader Nifty marked below the key 8,150-level as investors struggled with US Federal Reserve rate hike and hawkish outlook. The Initial brief...

Mumbai, 15 Dec 2016/--/A sense of nervousness gripped stocks Thursday as the Sensex dropped 84 points to close at 26,519 trying to figure out the impact of US interest rate hike on India and other emerging markets amid feelers that more are on the cards. This sent the rupee steeply lower by 40...

Mumbai, 14 Dec 2016/--/The stock market erased all its early gains on Wednesday to close in the red at 26,603, in line with subdued global indices, as investors remained tentative ahead of the crucial US Fed policy meet on whether to raise interest rate or not. Index heavyweight Coal India...

Mumbai, 12 Dec 2016/--/The Sensex showed its unpredictable side again as it reversed two days of gains and dived about 232 points to close at 26,515 today, pulled down by dismal factory output data and higher oil prices amid mixed Asian indicators. The nervousness was palpable as investors looked...

Mumbai, 10 Dec 2016/--/The benchmark Sensex scored its best weekly number in four months by gaining 517 points to finish at 26,747 — a new 1-month high — while the broader Nifty finished above the key 8,200-level. For both benchmarks, the weekly number is the highest since September 2 and it is the...

Mumbai, 9 Dec 2016/--/The market uptrend went into the second day Friday, with the Sensex spurting 53 points to bring up a fresh 1-month closing high of 26,747, in keeping with firming global indices amid investor optimism. On a weekly basis, both key indices -- the Sensex and the Nifty -- recorded...

Mumbai, 8 Dec 2016/--/Market made a comeback of sorts as the Sensex rallied 457 points Thursday -- its biggest single-day gain in over six weeks -- to close at 26,694, fuelled by a global upmove on hopes that ECB would extend its stimulus. RBI's reassuring measures following the currency withdrawal...

Mumbai, 7 Dec 2016/--/The Reserve Bank's decision to leave interest rates untouched caught the market by surprise as the Sensex switched gear by reversing its two days of gains and cracked 156 points today to close at 26,237. In his second monetary policy, Reserve Bank Governor Urjit Patel on...

Mumbai, 6 Dec 2016/--/The market let go of its early leads, but ruled firm for the second day Tuesday in a cautious trade ahead of RBI policy announcement tomorrow amid positive Asian cues. The 30-share Sensex opened on a positive note on across-the-board gains, but higher levels could not be...

Mumbai, 2 Dec 2016/--/Extending its losses for the second day, benchmark Sensex tumbled 329 points to end at 26,231 on Friday as investors hit the exit button amid mounting global concerns. Participants are in a wait-and-watch mode ahead of US jobs report as well as Italy's constitutional...

Mumbai, 1 Dec 2016/--/After four days of gains, markets succumbed to profit-booking on Thursday, with benchmark Sensex slipping 93 points to finish at 26,559, pressured by sustained foreign capital outflows amid mixed macro indicators. Sentiment soured after November manufacturing PMI decelerated...

Mumbai, 30 Nov 2016/--/Markets rallied for the fourth consecutive session on Wednesday, with the benchmark Sensex surging 259 points to end at a fresh two-week high of 26,652 driven by upbeat global cues on strengthening oil prices. Consumer durables, banking, finance, capital goods, industrials...

Mumbai, 29 Nov 2016/--/Benchmark Sensex surrendered much of its early gains on Tuesday on widespread caution ahead of release of GDP data as it ended at over two-week high of 26,394 on sustained buying amid mixed global cues. Auto, telecom, consumer durables, energy, industrials and capital goods...

Mumbai, 28 Nov 2016/--/In a volatile trade, BSE Sensex moved up by another 34 points to end at 26,350.17 on sustained buying mainly in telecom, power, realty and auto, but banking stocks were under pressure as RBI unexpectedly increased the CRR to 100 per cent on incremental deposits. Besides...

Mumbai, 26 Nov 2016/--/Both the benchmark Sensex and broader Nifty successfully bounced-back from its worst dip to reclaim the psychological 26K-level and the key 8,000-level posting its first weekly gains after four weeks of losses. FII's constant offloading Indian stocks over potential US rate...

Mumbai, 25 Nov 2016/--/Market bounced back as the BSE sensex recovered sharply by 456 pts to close above 26K at 26,316.34 on fresh buying from operators mainly in IT, Teck and Healthcare counters on the first day of December contract amidst higher Asian cues despite foreign capital outflows....

Mumbai, 23 Nov 2016/--/Extending its gains for the second day, the Sensex ended above the 26,000-level today, driven by short-covering in realty, metal and healthcare stocks ahead of November series expiry tomorrow amid buoyant global cues. The 30-share pack resumed higher at 26,101.33 and hovered...

Mumbai, 22 Nov 2016/--/Sensex snapped its six-day losing streak by rebounding 196 points Tuesday on fresh buying in metal, realty, auto and energy counters and short covering ahead of November-series expiry amid improving global cues. In the process, the index has come off its six-month low hit on...