The key benchmark indices slipped in the negative territory in a choppy trade on the week ended Friday, with the BSE Sensex fell 11.71 points to close at 34,415.58 while the Nifty of National Stock Exchange went down 1.25 points to 10,564.05, gaining 0.8 percent for the week. Heavy selling momentum observed in the banking, […]
Benchmark indices ended on a positive note on Thursday with Sensex and Nifty finishing marginally higher led by strong buying in metal stocks amid mixed global cues. The NSE Nifty index gained 39.10 points to 10,565.30 while BSE Sensex ended higher by 95.61 points to 34,427.29. The major movers on Sensex components were Tata steel […]
Equity benchmark indices settled with modest losses since profit booking picked up after previous 9 days of gains. The BSE Sensex closed 0.18 percent lower at 34,331.68, while the NSE Nifty 50 Index closed at 10,526.60, down 0.11 percent in the volatile trading on Wednesday. Majority FMCG stocks gained. Nifty FMCG Index keeps gain, up 1.74 […]
Key equity indices managed their gains for the eighth consecutive session on Monday, following a number of positive economic data that revived overall investors’ mood in spite of mixed global cues. The BSE Sensex rose 113 points at 34,305.43, while the NSE Nifty-50 index rose 47.75 points at 10,528.35. Shares of Hero MotoCorp (up 2.02%), […]
Equity benchmark indices continued their growth a seventh consecutive day led by gains in IT, metal and bank stocks. The NSE Nifty50 index closed at 10,481 up 22 points, or 0.21%, while BSE Sensex closed 92 points, or 0.27%, up at 34,193.
Nifty started on optimistic note, in response to the latest macro-economic data such as Index of Industrial Production and the inflation based on consumer price index showing an encouraging landscape of the economy.
As major Gainer on BSE, Adani Ports rose 2.66 percent followed by Wipro (up 2.28 %), Kotak Mahindra Bank (up 1.69 %) and Coal India (1.57%).
On the Flip side, the Bankers viz., SBI, Axis Bank and YES Bank remained the top laggards in the Sensex, shedding up to 1.22%.
Nifty IT Index gained 0.70% with Tech Mahindra (+2.79%), Wipro (+2.13%), Mindtree (+1.98%), KPI Technology (+1.17%), Infibeam (+1.35%), Oracle Financial Services Software (+0.77%) and Infosys (+0.46%).
Oil stocks falls after crude trades above USD 70, with BPCL (-3.02%), Hindustan Petroleum (-1.10%), Indian Oil Corpn (-1.55%).
Shares Infosys gained moderately as investors awaited its March quarter earnings. The stock rose 0.58 percent to Rs 1,169.00