Nifty ends at record closing high on May FO expiry day

Benchmark indices ended with marginal gains on May 27 amid volatility due to the May F&O expiry day. At close, the Sensex was up 97.70 points or 0.19% at 51,115.22, and the Nifty was up 36.40 points or 0.24% at 15,337.90. “The Index stayed above the 15300 level today. This should allow the index to move higher…

Nifty ends above 15,300 led by IT stocks; metals underperform

Bulls were back in action on May 26 pushing Nifty above 15,300 and Sensex above 51,000. The rally was supported by IT and Realty stocks. At close, the Sensex was up 379.99 points or 0.75% at 51,017.52, and the Nifty was up 93.00 points or 0.61% at 15,301.50. “After a few days of lackluster movement, the…

Nifty holds 15,200 in a volatile session; financials drag

Indian market ended mixed in a volatile session on May 25. Selling pressure in financials wiped out early gains. Nifty dipped in the negative territory but managed to close above 15,200. However, Sensex ended in the red. At close, the Sensex was down 14.37 points or 0.03% at 50637.53, and the Nifty was up 10.80 points or…

Nifty ends near 15,200 led by financials; mid small-cap outshine

Indian market ended higher for the second consecutive session on May 24 led by financial names. At close, the Sensex was up 111.42 points or 0.22% at 50,651.90, and the Nifty was up 22.40 points or 0.15% at 15,197.70. “Due to a steady decline in fresh COVID cases and hopes of the lockdown being lifted sooner has…

Sensex, Nifty gain 2% led by financials; midcap index hits record high

The market snapped its two-day losing streak in style, gaining almost 2 percent on May 21 pushed higher by banking names. At close, the Sensex was up 975.62 points, or 1.97 percent, at 50,540.48 and the Nifty gained 269.30 points, or 1.81 percent, at 15,175.30. For the week, the Sensex and the Nifty added more…

Nifty breaks 15K amid volatility; metals underperform

Market ended lower for the second consecutive session on May 20 with Nifty dropping below 15,000 mark dragged by the metal and banking names. At close, the Sensex was down 337.78 points or 0.68% at 49,564.86, and the Nifty was down 124.20 points or 0.83% at 14,906. Among sectors, except for PSU Banks, all other…

Nifty holds 15,000 amid volatility; metals drag, realty outshines

The market ended lower in a volatile session on May 19. Sensex fell 290.69 points or 0.58% to close at 49,902.64, and the Nifty dopped 77.90 points or 0.52% to end at 15,030.20. Among sectors, Nifty Pharma index gained 1 percent, while the metal index shed 1 percent. Selling was also seen in auto, bank and infra names. BSE…

Indices gains nearly 2%, here are 5 factors that powered the rally

The benchmark indices started the week on a strong note and ended the day 2 percent higher, with Sensex rising 848.18 points, or 1.74 percent, to 49580.73 and the Nifty gaining 245.40 points, or 1.67 percent, to close at 14923.20 on May 17. Among sectors, Nifty energy, bank, auto, metal and PSU bank indices rose…

Market ends flat in volatile trade; FMCG stocks outperform, metals slip

The benchmark indices ended flat after a volatile session on May 14, with the BSE Sensex adding 41.75 points, or 0.09 percent, to close at 48,732.55 and the Nifty ending 18.70 points, or 0.13 percent, lower at 14,677.80. For the week, the Sensex and the Nifty shed a percent each. Except FMCG, all other sectoral indices ended…

Market falls 1% on weak global cues; metals drag, PSU banks gain

The market ended lower for the second day in a row on May 12 amid weak global cues, with the Sensex ending 471.01 points, or 0.96 percent, lower at 48,690.80 and the Nifty closing 154.30 points, or 1.04 percent, down at 14,696.50. On the sectoral front, the Nifty PSU bank index rose over 3 percent,…