Stocks rose for a second session on Wednesday as local sentiment was buoyed by strong gains in Asia and a robust overnight close on Wall Street. Japanese equities rose 2 per cent on their first trading day for 2017 and markets in China and Korea were up modestly. The Nifty rose 15 points to 8,207...
January 4, 2017Tracking positive global cues, Indian equity markets started Wednesday’s trading session in the green zone. At 9:50 am, the Sensex at the BSE was trading 49 points higher at 26,693 and the Nifty at the NSE was trading 20 points up at 8,213. Broader markets again outperformed the key benchmark indices. BSE Midcap index increased...
January 4, 2017Tracking positive global cues, Indian equity markets started Wednesday’s trading session in the green zone. At 9:50 am, the Sensex at the BSE was trading 49 points higher at 26,693 and the Nifty at the NSE was trading 20 points up at 8,213. Broader markets again outperformed the key benchmark indices. BSE Midcap index increased...
January 4, 2017Amid higher opening of European markets, Indian equity markets erased initial declines and closed Tuesday’s trading session with marginal gains. The Sensex at the Bombay Stock Exchange (BSE) ended 48 points higher at 26,643 and the Nifty at the National Stock Exchange (NSE) closed 13 points up at 8,192. Broader markets outperformed the key benchmark...
January 3, 2017Stocks consolidated on Tuesday as they again found support at crucial levels in a market that is light on speculative positions on the long side. Trade is confined to a narrow band mainly due to the lack of strong cues from overseas markets. Among major stocks, Hero MotoCorp, the top selling bike maker, was under...
January 3, 2017Stocks consolidated on Tuesday as they again found support at crucial levels in a market that is light on speculative positions on the long side. Trade is confined to a narrow band mainly due to the lack of strong cues from overseas markets. Among major stocks, Hero MotoCorp, the top selling bike maker, was under...
January 3, 2017Domestic benchmark indices started Tuesday’s trading session in the negative zone amid mixed global cues. At 9:50 am, the Sensex at the BSE was trading 75 points lower at 26,520 and the Nifty at the NSE was trading 19 points down at 8,161. However broader markets were trading in the positive zone. BSE Midcap index...
January 3, 2017Stocks snapped a 4-day winning streak on Monday as banks bore the brunt of heavy selling after they slashed lending rates on home loans as a part of Prime Minister Narendra Modi's drive to make housing more affordable to the poor. Real Estate stocks surged on hopes that lower interest rates will spur demand for their excessive...
January 2, 2017Tracking mixed Asian peers, Indian equity markets closed Monday’s volatile trading session with no profit no loss. The Sensex at the Bombay Stock Exchange (BSE) ended 31 points down at 26,595 and the Nifty at the National Stock Exchange (NSE) closed six points lower at 8,180. However, broader markets registered gains. BSE Midcap index jumped...
January 2, 2017Buying into select stocks resurfaced in Monday's late afternoon session as the bulls refused to give up their dominance for the fifth session in a row. Major indices had opened lower in morning trade as investors worked the math on a drastic cut in interest rates by banks on home loans. As a consequence, the...
January 2, 2017Stocks came under pressure on the first trading day of 2017 as investors partially exited housing finance and banking shares after lenders drastically cut borrowing costs for housing loans on the back of surplus funds. On the flip side, Real Estate companies rose modestly on hopes lower interest rates will spur demand for houses. Here...
January 2, 2017Tracking mixed global markets, domestic bourses started first trading session of 2017 with marginal declines. At 9:50 am on Monday, the Sensex at the BSE was trading 108 points lower at 26,518 and the Nifty at the NSE was trading 31 points down at 8,155. However broader markets were trading in the positive zone. BSE...
January 2, 2017Taking a respite from previous declines amid mixed global cues, domestic equity markets started Tuesday's trading session on a flat note. At 9:50 am, the Sensex at the BSE was trading 36 points higher at 25,844 and the Nifty at the NSE was trading six points up at 7,916. However, broader markets traded in the...
December 27, 2016Stocks: 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 effect of demonitization, it was further restricted by mute sentiment across the globe...
December 24, 2016Domestic benchmark market indices extended gains for sixth straight session and closed Wednesday’s trading session in the negative zone with IT and Teck indices leading the declines. The Sensex at the Bombay Stock Exchange (BSE) ended 66 points down at 26,242 and the Nifty at the National Stock Exchange (NSE) closed 21 points lower at...
December 21, 2016Amid mixed global cues, domestic equity markets started Tuesday’s trading session with marginal gains. At 9.50 am, the Sensex at the BSE was trading 35 points higher at 26,410 while the Nifty at the NSE was trading nine points up at 8,114. In the broader markets, BSE Midcap index slipped 0.1 per cent while Smallcap...
December 20, 2016Tracking negative global markets, domestic bourses started the week in the red zone. At 9.50 am on Monday, the Sensex at the BSE was trading 83 points down at 26,407 while the Nifty at the NSE was trading 21 points down at 8,119. In the broader markets, BSE Midcap and Smallcap indices slipped around 0.3...
December 19, 2016