Taking Stock | Nifty back above 14,800; mid, smallcaps underperform

The market extended the rally for the third day in a row on May 7 with Nifty closing above 14,800 led by the metal stocks. At close, the Sensex was up 256.71 points or 0.52% at 49206.47, and the Nifty was up 98.40 points or 0.67% at 14823.20. For the week, BSE Sensex added 0.86…

Market extends gains as Sensex crosses 49,000; metal stocks gain

Market ended higher for the second consecutive day on May 6 with Sensex crossing 49,000 intraday supported by the metal, IT and auto stocks. At close, the Sensex was up 272.21 points, or 0.56%, at 48,949.76, and the Nifty was up 106.90 points, or 0.73%, at 14,724.80. On the sectoral front, IT, metal and auto…

Market gains on RBI relief measures; pharma stocks outperform

Benchmark indices regained previous session losses and ended near the day’s high on May 4 after RBI Governor Shaktikanta Das launched the second round of loan restructuring and other relief measures to counter covid second wave. At close, the Sensex was up 424.04 points or 0.88% at 48,677.55, and the Nifty was up 121.40 points…

Taking Stock | Market falls 1% amid volatility; PSU Bank stocks buck the trend

Benchmark indices failed to hold the initial gains and ended near the day’s low in a highly volatile session on May 4. At close, the Sensex was down 465.01 points or 0.95% at 48,253.51, and the Nifty was down 137.70 points or 0.94% at 14,496.50. Except for PSU Bank, all other sectoral indices ended in the…

Market snaps 4-day winning streak, plunges 2%; pharma outperforms

The benchmark indices ended almost 2 percent lower and broke the four-day winning momentum on April 30, dragged by banking and auto names. At close, the Sensex was down 983.58 points, or 1.98 percent, at 48,782.36, and the Nifty was down 263.80 points, or 1.77 percent, at 14,631.10. The indices, however, gained 2 percent for…

Indices end higher for 4th straight day amid monthly expiry

Benchmark indices ended with marginal gains and extended their winning streak to the fourth consecutive session on April 29, the monthly expiry. At close, the Sensex was up 32.10 points or 0.06% at 49,765.94, and the Nifty was up 30.40 points or 0.20% at 14,894.90. Sectorally, the metal index rose 4.5 percent, while auto and PSU bank…

Bulls tighten grip, market up 1.5%; all eyes on Fed meet outcome

Benchmark indices continued the winning momentum for the third consecutive session on April 28, gaining 1.5 percent ahead of the Federal Reserve policy meeting outcome. At close, the Sensex was up 789.70 points, or 1.61 percent, at 49,733.84, and the Nifty was up 211.50 points, or 1.44 percent, at 14,864.50. Except metal and pharma, all other sectoral…

Market rises 1% for second straight day; metal, financials stock lead

Indian market gained over 1 percent for the second consecutive session on April 27. At close, the Sensex was up 557.63 points or 1.15% at 48,944.14, and the Nifty was up 168 points or 1.16% at 14,653. All the sectoral indices ended in the green with PSU  bank and metal indices rising over 2 percent each, while…

Sensex, Nifty gain 1% amid positive global cues; realty, metal stocks outshine

Benchmark indices started the week on a positive note with Nifty closing near the 14,500 amid positive global and buying in metal, bank and realty stocks. At close, the Sensex was up 508.06 points or 1.06 percent at 48386.51, and the Nifty was up 143.60 points or 1.00 percent at 14485. Except for pharma, all other sectoral indices…