Profit booking in last hour, Nifty holds 10,000 levels; banks shine

Profit booking hit D-Street in the last hour of the trade on June 3 as the S&P BSE Sensex fell nearly 400 points from the high of 34,488 while the Nifty50 witnessed selling pressure near 10,200 levels. The benchmark indices though managed to close in the green again, with the S&P BSE Sensex ending 284…

Relief rally! Investors get richer by Rs 3 lakh crore as lockdown eases

A relief rally on D-Street helped benchmark indices to climb above their crucial resistance levels on June 1 as the government eased lockdown rules. Investors ignored the weak GDP data for the March quarter as well as muted factory activity for the month of May. Investor wealth grew by over Rs 3 lakh crore in a…

Volatile Friday! Nifty reclaims 9,500; Sensex rallies over 200 points

It was a volatile Friday on D-Street, as both the benchmark indices bounced back from their intraday lows in the second half of the trading session to end the week on a positive note. The S&P BSE Sensex rose 223 points to 32,424 while the Nifty50 rose 90 points to close at 9,580. Despite muted…

Sensex jumps 1,000 pts, Nifty above 9,300; 4 key factors behind the rally

Robust gains in shares of bank and financial heavyweights kept the Indian market benchmarks higher on May 27. The Sensex jumped more than 1,000 points while the Nifty went past 9,300 in intraday trade. At around 1415 hours, the Sensex was up 795 points at 31,404, while the Nifty was at 9,257, 228 points higher….

The weekly dossier: Words of top experts on the market, RBI policy

Amid rising coronavirus cases and subdued global cues, market benchmarks ended the past week in the red. For the week, Sensex fell 1.4 percent while Nifty lost 1.1 percent. The BSE Small-cap index declined 1.5 percent while the BSE Mid-cap plunged by about 2 percent in the same period. There is F&O expiry for the…

FM comments help Nifty50 climb Mount 9K; Sensex rallies more than 600 points

The bulls pushed the market higher in the second half of the trading session on May 20 to help the Nifty50 cross the crucial resistance at 9,000 while the S&P BSE Sensex saw a gain of more than 600 points. Domestic markets traded in a range, tracking mixed global cues but positive comments from Finance…

Profit booking at higher levels, crucial support placed at 8,800

Indian markets started on a positive note but witnessed profit booking at higher levels on May 19, as the S&P BSE Sensex slipped more than 500 points from its intraday high and the Nifty50 closed below 8,900. The final tally on D-Street: the Sensex was up 167 points at 30,196 while the Nifty rose 55…

D-St gives stimulus packages a thumbs down; Sensex cracks 1,000 points

It was a Manic Monday on D-Street! The bears took control from the word go and the selling only got extended as the session progressed. Unimpressed by the stimulus package from the government, investors dumped financials along with auto and real-estate stocks. Investors lost by Rs 3 lakh crore in terms of market capitalisation on…

Sensex, Nifty skid over 3% each; top 4 factors behind the fall

Indian shares suffered big losses in the morning trade on May 18, with the Sensex falling over 800 points and the Nifty slipping below 8,900. If the market ends in the red, this will be the third consecutive day of losses for Indian equities. At 1010 hours, the Sensex was 663 points, or 2.13 percent,…

Realty stocks plunge up to 8%; Prestige Estates, DLF among top losers

Most realty stocks suffered strong losses in intraday trade on May 18, keeping their sectoral indices in the negative territory. Shares of Prestige Estates, DLF and Indiabulls Real Estate cracked up to 8 percent on BSE. Around 11:40 hours, the BSE Realty index was 4.56 percent down at 1,284.84 with all stocks in the red….