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…