Sensex sprints 1,040 pts, Nifty tops 16,950 ahead of US Fed outcome

CLOSING BELL: Ultratech Cement (up 4.6 per cent) was the top Nifty gainer today. This was followed by Axis Bank, Shree Cement, IndusInd Bank, Bajaj Auto, and Hindalco

4:16 PM

Technical View: Rupak De, Senior Technical Analyst at LKP Securities

Nifty formed a dark cloud cover on the daily chart as it found resistance around 200DMA on the daily chart. On the lower end, it found support at the upper band of the falling channel. Going forward, the index may remain in the green as long as 16640 is held decisively. On the higher end, resistance is visible at 16900-17000.
 

 

4:13 PM

Market view: Vinod Nair, Head of Research at Geojit Financial Services

Ease in FII selling & crude prices is adding strength to the domestic trend. Positive global cues & strong bounce back by the Chinese market in anticipation of stimulus supported the trend. The world equity market has stabilized factoring in a 25bps hike in US FED, an in-line policy outlook, will be a relief to the market and we may see a drop in volatility.

4:09 PM

IEA slashes oil demand outlook for 2022, fears Russian 'supply shock'

4:05 PM

European markets trade on a positive note

3:59 PM

Dow futures jumps over 250 points ahead of Fed's rate decision

3:52 PM

Closing bell: Over 1,500 stocks advanced while 546 declined

3:49 PM

Closing bell: Top 10 Nifty 50 gainers; Ultratech Cement, Axis Bank lead index

3:46 PM

Closing bell: Only 3 stocks sulk in Nifty 50

3:44 PM

Closing bell: Metal stocks gain ground; Vedanta jumps over 4%

3:41 PM

Closing bell: Nifty realty top sectoral performer; Prestige Estates gains over 5%

3:39 PM

Closing bell: All sectors shimmer in green

3:37 PM

Closing bell: Broader markets shine; India Vix cools off below 9%

3:35 PM

Closing bell: All Sensex stocks in green except Sun Pharma

3:33 PM

Closing bell: Sensex sizzles above 56,000, up by over 1000 points

3:32 PM

Closing bell: Bulls take control as Nifty 50 closes above 16,900 levels

3:27 PM

ITC rallies 12 per cent in two weeks; stock hits over 3-month high

Shares of ITC hit an over three-month high of Rs 242, up 2 per cent on the BSE in Wednesday's intra-day trade, on expectation of healthy earning going ahead. It traded at its highest level since November 18, 2021. READ MORE HERE

3:16 PM

Market check: Nifty 50 marching towards 17,000 levels

3:13 PM

Ukraine not joining NATO 'any time soon': UK PM

3:01 PM

Market check: Over 900 points upmove in Sensex

3:00 PM

NEWS ALERT: Russia says neutral status for Ukraine under 'serious' consideration

2:46 PM

Cement stocks steamy; Sagar Cements soars above 10%

2:43 PM

Bhagwant Mann takes oath as Punjab Chief Minister

2:28 PM

ALERT: Russia says 'there is hope" for compromise with Ukraine

2:19 PM

BSE hits 10-million investor accounts

2:08 PM

European natural gas prices extend downfall

2:02 PM

Shipping stocks swim amid Russia-Ukraine de-escalation efforts

1:57 PM

Hindustan Aeronautics gains 8% on report of signing pact with French firm

In the past three months, the stock has outperformed the market by gaining 15 per cent, as compared to a 2.3-per cent decline in the S&P BSE Sensex. Over the past one year, it has rallied 37 per cent as against 12 per cent rise in the benchmark index. It had hit a record high of Rs 1,568 on October 18, 2021. READ MORE

1:56 PM

European markets advance ahead of US Fed rate decision

1:47 PM

Dow Jones, Nasdaq futures firmly up ahead of US Fed rate decision later tonight

1:39 PM

Voltas, IFB Industries surge up to 5.5% in trades so far

Consumer Durables logged smart gains led by Volas and IFB Industries, others like Dixon Technologies, Bajaj Electrical and Symphony were also up smartly.