Updates on COVID-19 situation and related news will also remain on participants' radars, says an analyst
The 30-share BSE index was trading 503.28 points or 0.98 per cent higher at 51,782.79, and the broader NSE Nifty was quoting 144.35 points or 0.95 per cent up at 15,319.15
Data shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent
'While the economic recovery momentum is good, we believe equity markets in India are beginning to appear stretched on valuations,' says Sunil Tirumalai of UBS
Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).
The broader markets were under pressure today with the S&P BSE MidCap and SmallCap indices closing 0.6 per cent and 0.4 per cent down, respectively
Trends among sectoral indices remained muted with the Nifty PSU Bank, Metal, and IT indices ending up to 1.5 per cent higher on the NSE.
Overseas investors pulled out a net Rs 881 cr from equities and Rs 4,275 cr from the debt segment between March 1-5, taking the total net withdrawals to Rs 5,156 cr
On the upside, ONGC, Maruti Suzuki, Nestle India, Titan, Reliance Industries, and L&T supported the markets with up to 2.5 per cent gains
Analysts put the bond markets' volatility down to positions taken by some traders betting on the possibility of the US Fed tightening monetary policy
The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent
Bajaj Finserv was the best-performing Sensex stock, rising 5.2 per cent; Reliance Industries and Bajaj Finance surged 4.5 per cent and 4.5 per cent, respectively
Broader markets outperformed the benchmark indices, highlighting underlying strength in the market. The S&P BSE MidCap and SmallCap indices ended 1.55 per cent & 1.6 per cent higher, respectively
The advance to decline ratio favoured bulls as nearly 2x stocks rose for every 1 stock that declined on the BSE
In the intra-day trade, the benchmark S&P BSE Sensex tumbled 2,149 points while the Nifty50 index slumped 629 points
Sectorally, the Nifty Metal, PSU Bank, and Bank indices advanced 25 per cent, 40 per cent, and 20 per cent, respectively during the February F&O series
Sectorally, the Nifty Bank and Private Bank indices closed 4 per cent higher
In the broader markets, the Nifty MidCap 100 and SmallCap 100 indices settled with gains of about 1 per cent on the NSE
The company said the O2C business will be turned into a separate entity that will be 100 per cent owned by RIL
The equity market recorded its biggest single-day fall in two months