Outperforming Asian equity markets, domestic bourses closed Tuesday’s trading session in the positive zone. The Sensex at the Bombay Stock Exchange (BSE) ended 173 points higher at 26,900 and the Nifty at the National Stock Exchange (NSE) closed 53 points up at 8,289. In the broader markets, BSE Midcap index jumped 0.8 per cent while...
January 10, 2017Indian stocks edged up higher to be the best performers in Asia on Tuesday as traders made aggressive bets on banking, cement, realty futures where short covering was evident. Metals, FMCG and auto shares continued to attract buyers in late afternoon trade. The Nifty built on fresh gains trading 45 points higher at 8,280 points as it...
January 10, 2017Indian stocks negated weak overseas cues as they consolidated in a narrow, upward band on Tuesday with traders betting aggressively long on infrastructure, metals and power stocks. Local sugar companies remained upbeat on expectations of a further rise in commodity prices in global markets. The Nifty rose 37 points to 8,273 points post the first...
January 10, 2017Indian stocks negated weak overseas cues as they consolidated in a narrow, upward band on Tuesday with traders betting aggressively long on infrastructure, metals and power stocks. Local sugar companies remained upbeat on expectations of a further rise in commodity prices in global markets. The Nifty rose 37 points to 8,273 points post the first...
January 10, 2017Domestic benchmark indices started Tuesday’s trading session in the positive zone despite mixed global cues. At 9.45 am, the Sensex at the BSE was trading 118 points up at 26,845 and the Nifty at the NSE was trading 34 points higher at 8,270. Broader markets were trading in line with front lines. BSE Midcap and...
January 10, 2017The first week of Calendar year 2017 saw the the benchmark Sensex ending positive, ending with a modest gain by 132.77 points to 26,759.23, while the broader Nifty finished above the key 8,200-level. In the event of most global markets closed for extended New Year holidays across the globe, secondlines stocks were star of the...
January 7, 2017Stocks see-sawed amid low volumes on Friday as traders hesitated to extend positions ahead of the weekend and before the crucially important US Payrolls data. There wasn't much action either in European equities or in the US index futures markets, prompting investors to take it easy. Thick selling action, however, was concentrated on the software sector, which...
January 6, 2017Shaving off initial gains amid lower opening of European markets and profit booking, domestic bourses closed last trading session of the week in the negative zone. The Sensex at the Bombay Stock Exchange (BSE) ended 119 points down at 26,759, on Friday, and the Nifty at the National Stock Exchange (NSE) closed 30 points lower...
January 6, 2017Stocks traded in a flat, narrow band on Friday, in line with their overseas peers, as traders and investors remained fence sitters on the last trading day of the week. Thick selling action, however, was concentrated on the software sector, which plunged to a 2-week low following a negative development in its main market, the United...
January 6, 2017Indian stocks fell victim to weak overseas cues on Friday as traders and investors digested the previous session's sharp rally. Heavy sales on IT stocks, in particular, and media and real estate companies negated modest gains elsewhere. The top five losers on the Nifty were export oriented software stocks — Tech Mahindra, HCL Technologies, TCS, Infosys and...
January 6, 2017Extending Thursday’s gains amid positive global cues, domestic benchmark indices started last trading session of the week on a higher note. At 9.45 am on Friday, the Sensex at the BSE was trading 80 points up at 26,958 and the Nifty at the NSE was trading 21 points higher at 8,294. In the broader markets,...
January 6, 2017Indices closed at their highest level since early November as strong overseas cues helped local bulls to pump up mid caps, auto companies, metal shares and pharma stocks on heavy volumes. The Nifty closed 83 points, or 1 per cent, higher at 8,274 points, a shade below its intra-day high. The gains came on the...
January 5, 2017Supported by positive Asian markets, domestic bourses closed Thursday’s trading session with gains. The Sensex at the Bombay Stock Exchange (BSE) ended 245 points higher at 26,878 and the Nifty at the National Stock Exchange (NSE) closed 83 points up at 8,274. In the broader markets, BSE Midcap index jumped 1.3 per cent while Smallcap...
January 5, 2017Stocks are having a super Thursday as the Nifty finally managed to overcome the 8,200-point resistance with volume and vigour. Overseas cues were strong with Asian stocks ending mostly higher and European equities trading flat-to-positive. Here are the major events of the trading day: * Nifty at day's high. Index surges 86 points, or 1.1 per cent,...
January 5, 2017Supported by positive global markets, domestic benchmark indices started Thursday’s trading session in the positive zone. At 9.40 am, the Sensex at the BSE was trading 160 points up at 26,793 and the Nifty at the NSE was trading 54 points higher at 8,242. Broader market again outperformed the front liners. BSE Midcap and Smallcap...
January 5, 2017Supported by positive global markets, domestic benchmark indices started Thursday’s trading session in the positive zone. At 9.40 am, the Sensex at the BSE was trading 160 points up at 26,793 and the Nifty at the NSE was trading 54 points higher at 8,242. Broader market again outperformed the front liners. BSE Midcap and Smallcap...
January 5, 2017Real estate stocks led the front on Wednesday as traders continued to bid up construction companies in an otherwise dull market where volumes were missing. Local stocks ignored a strong close in most Asian markets as they took cues from flat to weak equities in Europe. Trading action was concentrated in few sectors and that,...
January 4, 2017