Market Watch

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...

Mumbai, 21 Nov 2016/--/Market fell for the sixth straight session, with Sensex tumbling over 385 points to hit a fresh six-month low of 25,765.14 and Nifty plunging below the key 8,000-mark on across-the-board sell off amid concerns over the impact of demonetisation coupled with foreign fund...

Mumbai, 17 Nov 2016/--/Dropping for the fourth straight session, the Sensex Thursday slumped to its six-month low amid heightened risk aversion, sparked by foreign capital outflows and lingering worries over the government's demonetisation decision. BSE benchmark Sensex slumped over 71 points in...

Mumbai, 16 Nov 2016/--/Sensex gave up its initial gains and ended marginally lower, pulled down by consumer durables, healthcare and metal counters following a bout of fag-end profit booking, while the Nifty managed to close above the 8,100-mark. Participants are keeping an eye on the Winter...

Mumbai, 8 Nov 2016/--/BSE Sensex on Tuesday rose for the second straight session to close over 132 points higher and NSE Nifty reclaimed the crucial 8,500-level, enthused by revived global sentiments following improved prospects of Hillary Clinton's win in Tuesday's US election. The sentiment-...

Mumbai, 7 Nov 2016/--/Ending its five-session losing run, BSE benchmark Sensex on Monday recouped nearly 185 points on positive global sentiments as chances of Hillary Clinton in the US election brightened following a relief from FBI in personal email server probe. The US elections and outcome...

Mumbai, 4 Nov 2016/--/Spooked investors remained hesitant for the fifth session in a row amid uncertainty over US election result, pulling Sensex 156 points to near four-month low of 27,274.15 led by huge sell-off in pharma counters. For the week, the first of the new Samvat Year 2073, the Sensex...

Mumbai, 3 Nov 2016/--/Global uncertainty over Donald Trump's likely strong show in US election has also spooked Indian markets, with Sensex extending losses for the fourth day by shedding 97 points to close at a nearly four-month low of 27,430.28 and Nifty dipping below the crucial 8,500-mark. The...