Equity benchmarks ended the session on a marginally higher note, but not before witnessing volatile moves. The Nifty managed to hold on to 10,900-mark. Weakness was visible among pharmaceuticals and PSU banks, while other sectors ended the day in the green. The Nifty IT index was the big gainer as a weaker rupee boosted IT…
Flat end to D-Street amid a volatile day; Nifty below 10,900
A largely volatile day came to a flat close on Wednesday as investors awaited for stronger cues from global and domestic front. The Nifty ended the session below 10,900, which it had reclaimed right at its opening tick. The Sensex slipped around 150 points off the day’s high points, while an underperformance was visible among…
Sensex adds nearly 500 points, Nifty just short of 10,900
Easing inflation spurring rate cut hopes, global rally, IT stocks’ rise and technical factors, among others, helped the market post strong gains on Tuesday. The Nifty ended just short of 10,900-mark. A rally in index heavyweight such as Reliance Industries aided sentiment too. With this, the market managed to snap its three-day losing streak. All…
Sensex, Nifty end lower amid weak global cues; DMart ends 11% lower
A smart recovery by the bulls in the last hour helped the market close off their low points. The Sensex recovered around 180 points from the day’s low, while the Nifty recovered around 50 points. Having said that, the Nifty closed below 10,750-mark, while the Sensex closed the session with cuts of over 150 points….
Indices recover in last hour to close off lows; Nifty below 10,800
A weak day of trade, courtesy of fall in shares of Tata Consultancy Services (TCS) ensured that equities had a negative end to the week. The Nifty gave up 10,800-mark. Mixed global cues and a weaker rupee also weighed on indices. Steady global cues in the morning ensured that the market had a positive start….
Indices snap winning streak, Sensex down over 100 points; Nifty holds 10,800
The market cracked its winning streak on Thursday, following weak global cues. The Nifty, however, managed to hold 10,800, while the Sensex ended with cuts of over 100 points. There was some weakness in the financials space, which weighed on the indices. Automobiles and pharmaceuticals, among others, were the other big gainers. There was a…
Smart recovery on indices as Sensex soars 232 points, Nifty closes above 10,850
What a smart recovery that was by the bulls! Not only did they manage to pull benchmarks out of the negative zone, the rally ensured a strong close after Wednesday’s session. The Sensex recovered over 350 points to close above 36,000-mark, while the Nifty recovered over a percent from the day’s low to close above…
Sensex gains 131 pts, Nifty ends above 10,800 on global cues
Benchmark indices showed smart recovery in last couple of hours of trade and ended volatile session on a positive note on Tuesday, driven by global cues. Banking & financials, auto and metals stocks helped the Nifty close above 10,800 levels. The 30-share BSE Sensex recovered more than 200 points from day’s low to close 130.77…
Sensex, Nifty end higher, but profit booking drags them from high points
A positive end for the market, but certainly not a result that the bulls would have anticipated, given how the day had started. Consecutive session of gains nudged investors to book profits. As a result, the Sensex ended more than 200 points from the day’s high points, while the Nifty failed to hold 10,800. The…
Bearish momentum continues as Sensex cracks 377 pts, Nifty breaches 10,700
A drag in index heavyweights, selling in banks along with weakness in metals and pharmaceuticals ensured that bears went home victorious on Thursday. The Nifty gave up 10,700-mark. Amid an all-round sell-off among sectors, financials, automobiles, and metals bled, while investors also dumped in the midcaps space. Globally, traders were cautious about slowdown…