Market fails to hold record high with Nifty below 15,850. PSU banks stand out

Benchmark indices failed to hold the record high touched at open and ended lower on June 28. At close, the Sensex was down 189.45 points, or 0.36%, at 52,735.59, and the Nifty was down 45.70 points, or 0.29%, at 15,814.70. BSE Sensex and Nifty50 touched fresh record levels of 53,126.73 and 15,915.65, respectively, in the morning…

Sensex up 226 points, Nifty above 15,850 on a volatile day; midcaps outperform

Indian benchmark indices ended higher for the second straight session amid volatility on June 25. At close, the Sensex was up 226.04 points, or 0.43 percent at 52925.04, and the Nifty was up 70 points, or 0.44 percent, at 15860.40. “The market witnessed some recovery from the support of 15,800. The market suggests trading above…

Nifty ends below 15,700 amid volatility; auto stocks outperform

Benchmark indices ended lower in a volatile session on June 23 with Nifty closing below 15,700. At close, Sensex was down 282.63 points, or 0.54%, to 52,306.08, and the Nifty declined 85.80 points, or 0.54%, to 15,687. “The market witnessed a very volatile movement in the range of 15700-15850. It is suggested, trading above 15700 is…

Market falls from day#39;s high to close flat; auto, power stocks gain

Sensex touched fresh record high of 53,057.11 in the opening trade. But the selling pressure in the second half of the day erased the gains that benchmark indices made in the first-half to end the day flat amid volatility. At close, the Sensex was up 14.25 points or 0.03% at 52588.71, and the Nifty was…

Market falls for second straight session as Fed signals rate hike by 2023

The market ended lower for the second consecutive session on June 17 amid volatility due to weak global cues after the US Federal Reserve signalled higher rates in 2023 in its policy outcome the previous day. At close, the Sensex was down 178.65 points, or 0.34 percent, at 52,323.33 and the Nifty was down 76.10…

Market snaps 4-day winning streak as investors await US Fed meet outcome

Benchmark indices broke the four-day winning streak and ended near the day’s low on June 16 with investors awaiting US Fed policy outcome later today. The Sensex was down 271.07 points, or 0.51%, at 52,501.98 and the Nifty was down 101.80 points, or 0.64%, at 15,767.50. “The Nifty managed to close above the support of…

Market at fresh record closing highs; realty stocks shine

Benchmark indices extended their winning streak for the fourth consecutive session on June 15, ending at fresh record closing levels. The Sensex closed up 221.52 points or 0.42% at 52,773.05, and the Nifty ended up 57.40 points or 0.36% at 15,869.30. Adani group stocks remained in focus for the second day after NSDL said accounts of…

Market recovers early losses to end with marginal gains; mid small-caps fall

Representative image Benchmark indices recovered early losses and ended with marginal gains on June 14. At close, the Sensex was up 76.77 points or 0.15% at 52551.53, and the Nifty was up 12.50 points or 0.08% at 15811.90. Adani group stocks lost 5-9 percent on reports pertaining to the freezing of three foreign funds by…

Bulls take charge of D-St; Sensex, Nifty close at record high

The benchmark indices touched new highs on June 11 supported by the metal, IT and pharma names. At close, the Sensex was up 174.29 points, or 0.33 percent, at 52,474.76 and the Nifty was up 61.60 points, or 0.39 percent, at 15,799.40. “Taking cues from the strength of the mother market US where S&P 500…