Equity benchmark indices opened flat on Friday with Sensex up by 105 points and Nifty up by 23 points. At 10:05 am, the BSE S-P Sensex was up by 105 points or 0.26 per cent at 39,833 while the Nifty 50 gained by 23 points or 0.20 per cent at 11,730. Among stocks, BPCL rose by 2.28 per cent. Indusind Bank was up by 1.28, Kotak Bank up by 1.18 per cent, HDFC Bank up by 0.95 per cent and ICICI Bank up by 0.88 per cent. However, the stocks trading with a negative bias were UPL, HCL Tech, Tech Mahindra and Nestle India.
Equity benchmark indices witnessed a sharp recovery in the last hour of trading session on October 14 and closed in the green led by a rally in financial and banking scrips. The BSE S-P Sensex closed 169 points or 0.42 per cent higher at 40,795 while the Nifty 50 was up by 37 points or 0.31 per cent at 11,971. Except for Nifty auto, IT and pharma, all sectoral indices at the National Stock Exchange were in the green with Nifty financial service up by 1.7 per cent, private bank by 1.3 per cent and PSU bank by 0.6 per cent. Among stocks, Bajaj Finserv gained by 4.1 per cent to close at Rs 6,108.10 per share and Bajaj Finance by 2.8 per cent at Rs 3,364.50.
Equity benchmark indices tumbled over half per cent during early hours on October 14 tracking Asian peers as halted COVID-19 vaccine trials soured investor risk appetite. Besides, the International Monetary Fund (IMF) revised its projection of contraction in India's GDP for current fiscal year to 10.3 per cent from 4.5 per cent earlier, citing a rise in COVID-19 cases. At 10:15 am, the BSE SandP Sensex was down by 232 points or 0.6 per cent at 40,393 while the Nifty 50 lost by 88 points or 0.73 per cent at 11,847. All sectoral indices at the National Stock Exchange were in the red zone with Nifty private bank down by 1 per cent, PSU bank by 0.7 per cent, IT by 1.1 per cent and metal by 0.9 per cent. Among stocks, Wipro slipped by 6.5 per cent to Rs 351.45 per share despite improving its performance in the second quarter of FY21 on several parameters.
Equity benchmark indices were flat during early hours on Tuesday tracking Asian peers which witnessed downside in early deals. At 10:15 am, the BSE SandP Sensex was up by 40 points or 0.1 per cent at 40,634 while the Nifty 50 gained by 23 points or 0.2 per cent at 11,954. Sectoral indices at the National Stock Exchange were mixed with thin margins with Nifty private bank down by 0.7 per cent and PSU bank by 0.6 per cent. But Nifty FMCG and IT rose by 0.5 per cent each. Among stocks, the early gainers were Dr Reddy's, Asian Paints, Eicher Motos, Kotak Mahindra Bank and Bharti Airtel.However, ICICI Bank fell by 2.3 per cent to Rs 394.75 per share while IndusInd Bank, Axis Bank and State Bank of India traded lower with thin margins.Meanwhile, Asian shares slipped despite a firmer Wall Street lead with a buoyant tech sector and fresh optimism about US stimulus expected to continue to support sentiment.
Equity benchmark indices traded firm during early hours on Monday with gains seen in Asian markets on hopes that US President Donald Trump could be discharged from hospital later in the day after responding well to COVID-19 treatment. At 10:15 am, the BSE SandP Sensex was up by 424 points or 1.09 per cent at 39,121 while the Nifty 50 gained by 120 points or 1.06 per cent at 11,537.Except for Nifty auto, all sectoral indices at the National Stock Exchange were in the green with Nifty IT moving up by 3 per cent, private bank by 2.3 per cent and metal by 2.1 per cent. Among stocks, Wipro jumped by 5.5 per cent to Rs 330.25 per share, Tata Consultancy Services by 4.2 per cent, Infosys by 3 per cent, HCL Technologies by 2.1 per cent and Tech Mahindra by 1.6 per cent.The other prominent gainers were Tata Steel, JSW Steel, IndusInd Bank, ICICI Bank and Axis Bank. However, Mahindra and Mahindra, GAIL, ONGC, Asian Paints, Cipla and Bharti Airtel traded with a negative bias.
Equity benchmark indices climbed up by 1 per cent during early hours on Monday tracking positive trends in Asian markets. At 10:15 am, the BSE S-P Sensex was up by 379 points or 1.01 percent at 37,768 while the Nifty 50 gained by 118 points or 1.06 per cent at 11,168. Except for Nifty IT, all sectoral indices at the National Stock Exchange were in the green with Nifty auto ticking up by 1.8 per cent, private banks by 1.6 per cent and PSU banks by 1.5 per cent. Among stocks, ONGC advanced by 5.3 per cent to Rs 72.60 per share, NTPC by 2.7 per cent, Coal India by 2.5 per cent and Power Grid Corporation by 2.4 per cent. The other prominent gainers were Bajaj Finance, Adani Ports, Tata Motors and Axis Bank. However, those which lost marginally were Infosys, Tata Consultancy Services, Bharti Airtel, Cipla and Hindustan Lever.
Equity benchmark indices wiped out early gains and closed in the negative terrain on Wednesday after a volatile trading session. At the closing bell, the BSE S-P Sensex was down by 66 points or 0.17 per cent at 37,668 while the Nifty 50 lost by 22 points or 0.2 per cent at 11,132.Most sectoral indices at the National Stock Exchange were in the negative zone with Nifty pharma losing by 1.6 per cent, PSU bank by 1.5 per cent and metal by 0.4 per cent. Among stocks, Bharti Infratel shed 8.2 per cent to close at Rs 165.50 per share while Bharti Airtel lost by 8.1 per cent and wound up the day at Rs 432.50.The other prominent losers were Tata Steel, IndusInd Bank, NTPC, Tata Consultancy Services, ONGC and Adani Ports.
Equity benchmark indices were on an upswing on September 10 following a spurt in Asian markets with Reliance Industries and banking stocks leading the rally. The BSE S-P Sensex closed 646 points or 1.69 per cent higher at 38,840 while the Nifty 50 gained by 171 points or 1.52 per cent at 11,449. Most sectoral indices at the National Stock Exchange were in the green with Nifty PSU bank gaining by 2.46 per cent, private bank by 1 per cent and financial service by 0.7 per cent. Among stocks, index heavyweight Reliance Industries hit a record high to Rs 2,314.65 per share, up 7.1 per cent on BSE. At the closing bell, its market capitalisation stood at Rs 14.67 lakh crore (or close to 200 billion dollars).The development came a day after announcing that US technology investor Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures. Shares of State Bank of India (SBI) closed 1.67 per cent higher at Rs 198.15 per share after the country's biggest lender said it raised Rs 4,000 crore via additional tier one (AT1) bonds. Bharat Petroleum Corporation advanced by 6 per cent, Indian Oil Corporation by 3.8 per cent, Axis Bank by 3.6 per cent, IndusInd Bank by 2.6 per cent and Tata Motors by 2.1 per cent.
Equity benchmark indices clocked smart gains during early hours on Thursday following a rally in IT stocks amid positive global cues. At 10:15 am, the BSE SandP Sensex was up by 453 points or 1.13 per..
Equity benchmark indices ticked up by over half per cent during early hours on Wednesday following mixed global cues amid uncertainty on US stimulus package and surging coronavirus cases. At 10:15 am,..