Tracking 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, 2016Indian equity markets started last trading session of the week on a flat note amid mixed Asian cues. At 9.50 am on Friday, the Sensex at the BSE was trading seven points higher at 26,526 while the Nifty at the NSE was trading four points down at 8,150. In the broader markets, BSE Midcap and...
December 16, 2016Rural India focussed lender Mahindra & Mahindra Financial Services led the entire sector sharply lower on Tuesday as investors fretted about the ongoing demonetization drive's impact on quarterly earnings of such companies who lend to the poorest of poor in a market where normal banking channels are non existent. Here is the latest position of...
December 13, 2016Disappointed by Reserve Bank of India’s decision to keep key interest rates unchanged, domestic bourses closed Wednesday’s trading session in the negative zone. The Sensex at the Bombay Stock Exchange (BSE) closed 156 points down at 26,237 and the Nifty at the National Stock Exchange (NSE) ended 41 points lower at 8,102. In its first...
December 7, 2016Stocks have a strange way of making investors sit up and take notice. Public sector companies, in which the government controls all decision making and a majority of the equity, have saved the market some blushes as they are the only ones trading close to previous highs after the recent demonetization drive pummelled stock prices....
December 7, 2016Domestic equity markets started Wednesday’s trading session in the positive zone ahead of Reserve Bank’s monetary policy review later during the day. At 9.50 am, the Sensex at the BSE was trading 49 points higher at 26,442 while the Nifty at the NSE was trading 18 points up at 8,162. In the broader markets, BSE...
December 7, 2016Snapping four-day winning streak, Indian equity markets started Thursday’s trading session on a weak note. At 9.50 am, the Sensex at the BSE was trading four points down at 26,649 while the Nifty at the NSE was trading 11 points lower at 8,214. In the broader markets, BSE Midcap and Smallcap indices slipped 0.5 per...
December 1, 2016Shares of FMCG companies — that sell everything from soaps, shampoos, shoes, alcohol and cigarettes — were in a strong uptrend as investors overcame initial fears to buy into sectors where demand is inelastic and predictable. The NSE FMCG Index gained 0.6 per cent to 20,429 points on the National Stock Exchange outpacing the 0.4...
November 30, 2016Extending gains for fourth-straight session, Indian equity markets started Wednesday’s trading session on a positive note. At 9.50 am, the Sensex at the BSE was trading 32 points up at 26,456 while the Nifty at the NSE was trading 18 points higher at 8,160. Broader markets outperformed the front liners, BSE Midcap and Smallcap indices...
November 30, 2016Indian stocks rallied for the third session in a row on Tuesday as investors bought into beaten down valuations among frontline stocks and traders turned aggressive buyers in banking, real estate and automobile shares. A mildly weak trend in major Asian markets failed to deter local bulls. The Nifty rose 64 points to 8,190 points...
November 29, 2016Supported by positive Asian and European markets, Indian bourses closed Wednesday’s trading session in the positive zone. The Sensex at the Bombay Stock Exchange (BSE) closed 91 points higher at 26,052 and the Nifty at the National Stock Exchange (NSE) ended 31 points up at 8,033. Broader markets outperformed the benchmark indices, BSE Smallcap and...
November 23, 2016Maintaining initial gains amid positive global cues, domestic equity markets were trading marginally higher in the late morning trade on Tuesday. At 11.45 am, the Sensex at the BSE was trading 70 points higher at 26,031 while the Nifty at the NSE was trading 18 points up at 8,020. Broader markets outperformed the front liners,...
November 23, 2016Supported by positive global markets, domestic bourses were trading with gains in the second hour of trade on Tuesday. At 10.50 am, the Sensex at the BSE was trading 137 points higher at 25,902 while the Nifty at the NSE was trading 48 points up at 7,977. In the broader markets, BSE Midcap and Smallcap...
November 22, 2016Extending last week’s declines amid mixed Asian markets and demonetisation concerns, Indian bourses closed in the red zone on Monday. The Sensex at the Bombay Stock Exchange (BSE) closed 385 points down at 25,765 and the Nifty at the National Stock Exchange (NSE) ended 154 points lower at 7,929. Broader markets underperformed the frontlines, BSE...
November 21, 2016Extending declines for fourth-straight session amid demonetisation worries, domestic equity markets closed Thursday’s choppy trading session in the negative zone. The Sensex at the Bombay Stock Exchange (BSE) closed 71 points down at 26,228 and the Nifty at the National Stock Exchange (NSE) ended 31 points lower at 8,080. In the broader markets, BSE Smallcap...
November 17, 2016Snapping two-day losing streak amid value buying at lower levels, Indian equity markets started Wednesday’s trading session in the positive zone. At 9.50 am, the Sensex at the BSE was trading 86 points higher at 26,391 while the Nifty at the NSE was trading 20 points up at 8,129. In the broader markets, BSE Midcap...
November 16, 2016Snapping two-day losing streak amid value buying at lower levels, Indian equity markets started Wednesday’s trading session in the positive zone. At 9.50 am, the Sensex at the BSE was trading 86 points higher at 26,391 while the Nifty at the NSE was trading 20 points up at 8,129. In the broader markets, BSE Midcap...
November 16, 2016