Page 49 - Latest Updates on Sensex
Sensex, Nifty gain 4% this week; here's what drove the rebound
While analysts feel the fundamental backdrop has not drastically changed, a combination of domestic and global factors have lowered investors' apprehension.
 "Sensex, Nifty gain 4% this week; here's what drove the rebound")
Banks lift Sensex 390 pts, Nifty reclaims 16,700; Ultratech Cement up 5%
CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each
 "Banks lift Sensex 390 pts, Nifty reclaims 16,700; Ultratech Cement up 5%")
Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts
Infosys Q1 preview: Investors will closely monitor the management's commentary on clients' IT spending, demand environment amid macro stress, margin outlook, and growth guidance for FY23
 "Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts")
Sensex rises 284 pts, Nifty tops 16,600; IndusInd jumps 8%, Bajaj Fin 3%
CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent
Markets surge amid 'peak inflation' optimism, gain now 4% in 4 days
Sensex closes at highest level since June 6; Up 8% from CY22 lows
 "Markets surge amid 'peak inflation' optimism, gain now 4% in 4 days")
Sensex up 630 pts, Nifty atop 16,500; ONGC, RIL, Infy, TCS top contributors
CLOSING BELL: ONGC, Tech M, Reliance Industries, TCS, HCL Tech, SBI, and Infosys were the top gainers, up between 2 per cent and 3.7 per cent
 "Sensex up 630 pts, Nifty atop 16,500; ONGC, RIL, Infy, TCS top contributors")
Benchmark indices up for third straight day; Sensex rises 246 points
A recovery in the rupee also bolstered sentiment, traders said
 "Benchmark indices up for third straight day; Sensex rises 246 points")
RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$
CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India
 "RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$")
Equity investors richer by over Rs 4.73 trn in two days of rally
The recent sell-off had made some stocks attractive, hence traders bought IT, metals and telecom stocks, says an analyst
Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%
CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries
 "Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%")
ITC stock puffed up over stable tax regime, steady volume recovery
Better capital allocation and valuation make it a preferred choice amid a volatile environment
 "ITC stock puffed up over stable tax regime, steady volume recovery")
Sensex snaps 4-day losing run, up 345 pts; Nifty tops 16K; Auto, FMCG lead
CLOSING BELL: Tata Consumer Products, Titan, Eicher Motors, HUL, Tata Motors, Maruti, M&M, Nestle India, HDFC, L&T, and BPCL topped the charts
 "Sensex snaps 4-day losing run, up 345 pts; Nifty tops 16K; Auto, FMCG lead")
Stocks to watch: ACC, L&T Tech, L&T Infotech, JSPL, Glenmark, Tata Elxsi
Stocks to watch today: L&T Technology Services and Jindal Steel and Power will share June quarter 2022 (Q1FY23) results on Friday, July 15.
 "Stocks to watch: ACC, L&T Tech, L&T Infotech, JSPL, Glenmark, Tata Elxsi")
Sensex, Nifty slide for a fourth straight session; IT, banking shares drop
The 30-share BSE benchmark settled 98 points or 0.18 per cent lower at 53,416.15. During the day, it hit a high of 53,861.28 and a low of 53,163.77
2-wheeler stocks in top gear as chip woes ease; EV transition key: Analysts
Analysts expect 2Ws to reflect strong volumes in Q2FY23 amid strong pent-up demand, and improved mobility in June quarter 2022 (Q1FY23)
 "2-wheeler stocks in top gear as chip woes ease; EV transition key: Analysts")
Sensex down for 4th day, dips 98pts; Nifty below 15,950; PSB, IT worst hit
CLOSING BELL: Axis Bank, HCL Tech, SBI, Tech M, TCS, Wipro, Infosys, and Ultratech Cement were the top large-cap laggards
 "Sensex down for 4th day, dips 98pts; Nifty below 15,950; PSB, IT worst hit")
Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond
Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.
 "Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond")
Sensex, Nifty reverse early gains amid weak trends in European markets
The 30-share BSE Sensex declined by 372.46 points or 0.69 per cent to close at 53,514.15, extending its falling streak to a third day
 "Sensex, Nifty reverse early gains amid weak trends in European markets")
Sensex slips 372 points, Nifty below 16K; Reliance, HDFC twins sink 2%
The BSE Sensex fell 372 points at close to 53,514. The index had previously risen 325 points to the day's high.
Stocks to watch: HCL Tech, Mindtree, Tata Metaliks, SBI, ICICI Bank, NMDC
Stocks to watch today: Mindtree, Tata Metaliks will report their June quarter 2022 (Q1FY23) results on Wednesday, July 13; NMDC will be removed from the Nifty CPSE index post hive off of NMDC Steel.