Rising US bond yields, IT stocks send market tumbling for fifth day

The market started the day on a strong note on March 18 amid positive global cues after Federal Reserve signalled it was in no hurry to raise interest rates but gave up all gains in the second half and lost over a percent after US 10-year treasury yields hit their highest levels in 13-months. At…

Sensex, Nifty slip over 1% as investors stay cautious ahead of Fed meet outcome

Market on March 17 remained under bears’ control as broad-based sell-off dragged the benchmark indices over a percent. Investors remained cautious ahead of the Federal Open Market Committee (FOMC) decision on interest rate due later in the day. At close, the Sensex was down 562.34 points or 1.12 percent at 49,801.62, while the Nifty index…

Market fails to sustain early gains, ends flat; IT stocks outperform

Sell-off in the second half of the session erased all the intraday gains with the benchmark indices ending flat March 16. At close, the S&P BSE Sensex was down 31.12 points or 0.06 percent at 50,363.96, while Nifty stood at 14,910.50 levels, down 19 points or 0.13 percent. “Indian market is impacted due to rising…

Taking Stock: Sensex, Nifty close in the red again; metals outperform

The benchmark indices ended lower for the second consecutive session on March 15, with the Nifty finishing below 15,000. At close, the Sensex was down 397 points, or 0.78 percent, at 50,395.08 and the Nifty was down 101.50 points, or 0.68 percent, at 14,929.50. Weakness in national macro data and rise in global bond yield…

Nifty, Sensex end higher for third straight session; mid smallcap outperform

Benchmark indices ended in the green for the third straight session on March 10. At close, the Sensex was up 254.03 points or 0.50 percent at 51,279.51, and the Nifty was up 76.40 points or 0.51 percent at 15,174.80. “Domestic markets mirrored positive cues from its global peers, tracking gains from the US market as bond yields…

Nifty regains 15,100, Sensex jumps 584 pts

Benchmark indices rose 1 percent on March 8 pushing Nifty above 15,100 on an intraday basis. At close, the Sensex was up 584.41 points or 1.16% at 51,025.48, and the Nifty was up 142.20 points or 0.95% at 15,098.40. “The market managed to close the day on a positive note after a strong volatile session at 15,100…

Sensex down 441 points, Nifty slips below 15k; banks, metals top drags

The market fell for the second consecutive day on March 5 amid weak global cues, with the Sensex closing 440.76 points, or 0.87 percent, lower at 50,405.32 and the Nifty ending 142.70 points, or 0.95 percent, down at 14,938.10. “The markets have had yet another day in the red. However, it has not broken the medium-term…

Market snaps 3-day winning streak on weak global cues; metals drag

The market broke its three-day winning streak and fell 1 percent on the back of weak global cues. At Close, Sensex fell 598.57 points, or 1.16%, to close at 50,846.08, while Nifty shed 164.80 points, or 1.08%, to close at 15,080.80. “Domestic markets, along with global peers, mirrored the wounded trend of the US market. The…

Sensex, Nifty gain over 2% as bulls maintain charge; metals, financial lead

The market continued its winning streak for the third straight session on March 3 with Sensex regaining 51,000 and Nifty closing above 15,200 led by the metal stocks. At close, the Sensex was up 1,147.76 points or 2.28 percent at 51,444.65, and the Nifty was up 326.50 points or 2.19 percent at 15,245.60. “Nifty has been consistent…

Nifty reclaims 14,900, Sensex jumps 447 pts; mid small-caps outshine

The market ended higher for the second consecutive day on March 2 with Nifty reclaiming 14,900 supported by IT and auto stocks. At close, the Sensex was up 447.05 points or 0.90 percent at 50,296.89, and the Nifty was up 157.60 points or 1.07 percent at 14,919.10. “The Nifty crossed 14,950 which is the upper end…