Sensex gains nearly 400 pts, Nifty above 11,450 on banks support

<!– Market Update Indian shares moderately gained today tracking broader Asian markets after two sessions of losses, as US Treasury yields edged higher, easing concerns about a recession in the world's largest economy. "Domestic markets are well placed, sentiments are still positive, the selloff was mainly because of fears of global slowdown and some correction after…

Sensex gains over 150 pts, Nifty above 11,400 on banks support

<!– Market Opening: Benchmark indices opened marginally higher after a selling pressure seen in previous two consecutive sessions. The BSE Sensex rose 51.28 points to 37,860.19 and the Nifty50 gained 31.90 points at 11,386.20. Indiabulls Housing, Zee Entertainment, Eicher Motors, GAIL, Adani Ports, Bharti Infratel and Reliance Industries were early gainers. Infosys, TCS, Tech Mahindra, HCL…

Indices consolidate after 2-day fall; midcaps, smallcaps outperform

<!– Macquarie India Strategy Global brokerage house Macquarie said European investors are still appear to be cautious on India. Elections & a rebound in economic growth will be key drivers for flows into India, it added. The Sensex in last two sessions fell around 500 points after rallying more than 3,000 points since February 19…

Indices trade marginally higher; PSU banks rally, IT index falls 1%

<!– Macquarie India Strategy Global brokerage house Macquarie said European investors are still appear to be cautious on India. Elections & a rebound in economic growth will be key drivers for flows into India, it added. The Sensex in last two sessions fell around 500 points after rallying more than 3,000 points since February 19…

Sensex gains 100 pts, Nifty inches towards 11,400; Jet Airways rallies 7%

  Macquarie India Strategy Global brokerage house Macquarie said European investors are still appear to be cautious on India. Elections & a rebound in economic growth will be key drivers for flows into India, it added. The Sensex in last two sessions fell around 500 points after rallying more than 3,000 points since February 19…

SGX Nifty suggests rangebound trade; Asia mixed, Jet Airways Prabhat Dairy in focus

<!– Macquarie India Strategy Global brokerage house Macquarie said European investors are still appear to be cautious on India. Elections & a rebound in economic growth will be key drivers for flows into India, it added. The Sensex in last two sessions fell around 500 points after rallying more than 3,000 points since February 19…

Global cues haunt as investors lose more than Rs 1 lakh cr

It was Monday blues written all over – thanks to weak global cues. The S&P BSE Sensex plunged more than 300 points to break below its crucial psychological support at 38,000 as fears of a global slowdown and recession hit equity markets. The market capitalisation (m-cap) of BSE-listed companies fell by 1.21 lakh crore on…

Nifty#39;s movement suggests buying interest missing

A day of consolidation for the Indian market just ahead of the ‘Holi’ holiday suggests that traders preferred to remain on the sidelines. The S&P BSE Sensex closed with positive bias while Nifty50 managed to hold on to 11,500 levels. But, can we say that the momentum is fizzling out? To a certain extent, yes….