Market rallies in fifth staright session; financials outperform

The market rallied for the fifth consecutive session on December 29 with Nifty closing comfortably above the 13,900 mark helped by the financials. The Sensex was up 259.33 points or 0.55% at 47,613.08, and the Nifty was up 59.40 points or 0.43% at 13,932.60. “The markets were a tad shy of hitting the 14,000 level but…

Market closes at fresh record highs with Nifty above 13,850; metals outshine

The market kicked off the last week of the year on a positive note with benchmark indices closing at fresh record highs on December 28. The BSE Sensex was up 380.21 points or 0.81% at 47,353.75, and the Nifty was up 123.90 points or 0.90% at 13,873.20. “We’re mirroring the global markets and indications are in favour…

Nifty ends above 13,500 led by metal, energy stocks

After some profit-booking seen in the previous session, indices ended higher on December 11 with Nifty above 13,500 led by metal and energy stocks. The BSE Sensex was up 139.13 points or 0.30% at 46,099.01, and the Nifty was up 35.60 points or 0.26% at 13,513.90. “The index tested the lower end of the range…

Indices cross milestone, record run continues for 7th straight day

Record run continued for the seventh straight session on December 9 with Sensex and Nifty crossing their milestone with a percent gain. The BSE Sensex was up 494.99 points or 1.09% at 46,103.50, and the Nifty was up 136.10 points or 1.02% at 13529.10. “Market is effortlessly rallying to a new high on a daily…

Bull-run continues, Nifty ends near 13,400; PSU banks outperform

The winning streak continued on the Dalal-Street with benchmark indices ending higher on December 8 mainly supported by ] PSU banks, while selling in metal and pharma names dragged the indices from the day’s high level. The BSE Sensex was up 181.54 points or 0.40% at 45,608.51, and the Nifty was up 37.20 points or 0.28%…

Sensex up 347 points, Nifty above 13,350 as market#39;s record run continues

Another day and another peak for Indian markets. The benchmark indices closed at a record high on December 7, backed by financials, pharma and FMCG stocks. The BSE Sensex was up 347.42 points, or 0.77 percent, at 45,426.97 and the Nifty gained 97.30 points, or 0.73 percent, to close at 13,355.80. “We are seeing buying…

Profit-booking pulls market down from record highs, PSU banks gain

Maruti Suzuki, ONGC, NTPC, Asian Paints and Hindalco were among major Nifty gainers, while losers included SBI Life Insurance, HDFC Bank, TCS, Infosys and Bajaj Auto. Indian markets ended flat second day in a row on December 3 after hitting fresh record highs in the opening trade. The BSE Sensex closed 14.61 points or, 0.03…

Sensex, Nifty end flat in choppy trade; metal, auto stocks shine

Broader markets performed in line with the benchmarks. The BSE midcap rose 0.9 percent and smallcap 0.8 percent. In the highly volatile session on December 2 the benchmark indices recouped the intraday losses and ended with marginal change, with BSE Sensex ended 37.40 points, or 0.08 percent, lower at 44,618.04, while the Nifty was up…

Better GDP, auto sales push Nifty above 13,100, Sensex up 506 points

Better-than-expected GDP data and good auto sales in November saw the benchmark indices gain 1 percent each on December 1, with the BSE Sensex closing 505.72 points, or 1.15 percent, higher at 44,655.44, and the Nifty gaining 140 points, or 1.08 percent, at 13,109. “The markets started December trading on a strong footing, raising the benchmark to…

Sensex, Nifty end lower; broader markets outperform

The market witnessed rangebound trading in the highly volatile session on November 27 ahead of the GDP data to be announced later during the day. The BSE Sensex was down 110.02 points, or 0.25 percent, at 44,149.72 and the Nifty was down 18 points, or 0.14 percent, at 12,969. “Today’s market momentum was driven by…