You are here: Home » Markets » News
Business Standard

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

All that happened in the markets today

Topics
Markets

SI Reporter  |  New Delhi 

Benchmark indices ended higher with Sensex ending over 350 points higher while Nifty ending firmly above 10,150-mark, bouncing back after two days of losses on Thursday, led by banking, telecom, metal and auto stocks. Lenders such as State Bank of India on expectations that the government would soon reveal details of a recapitalisation plan. Reserve Bank of India Governor Urjit Patel said on Wednesday the government would “in coming days” detail how it plans to inject an announced $32 billion into state-run lenders, which was announced in October. Meanwhile, an RBI ...

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
199.00  
subscribe
Complete access to the premium product
Convenient - Pay as you go
Pay using Amex/Master/VISA Credit Cards and VISA Debit Cards Only
Auto renewed (subject to your card issuer's permission)
Cancel any time in the future
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

NOTE :

  • The product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the email with the cancellation request to assist@bsmail.in. Include your contact number for speedy action. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

Business Standard Digital
Subscribe Now and get 12 months Free

Business Standard Premium Digital - 12 Months + 12 Months Free
1799.00
subscribe
Subscribe for 12 months and get 12 months free.
Single Seamless Sign-up to Business Standard Digital
Convenient - Once a year payment
Pay using an instrument of your choice -all Credit and Debit Cards, Net Banking, Payment Wallets, and UPI
Exclusive Invite to select Business Standard events

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.

NOTE :

  • The monthly duration product is an auto renewal based product. Once subscribed, subject to your card issuer's permission we will charge your card/ payment instrument each month automatically and renew your subscription.
  • In the Annual duration product we offer both an auto renewal based product and a non auto renewal based product.
  • We do not Refund.
  • No Questions asked Cancellation Policy.
  • You can cancel future renewals anytime including immediately upon subscribing but 48 hours before your next renewal date.
  • Subject to the above, self cancel by visiting the "Manage My Account“ section after signing in OR Send an email request to assist@bsmail.in from your registered email address and by quoting your mobile number.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Market rundown by Vinod Nair, Head of Research, Geojit Financial Services   "Market smartly recouped from the yesterdays losses which was triggered by RBIs hawkish policy and weakness in global market. However, RBI reiterating an economic growth of 6.7% for FY18 uplifted the sentiment. Upcoming state election in Gujarat and rupee movement against dollar ahead of US tax reform will be keenly watched for further momentum in the market."

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Nifty Auto gained nearly 2% Source: NSE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Stock in News Airtel up 6% after the company joined hands with Intex to launch a range of affordable 4G smartphones starting at Rs 1,649

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Realty index rebounds after falling 4 sessions Source: NSE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Sectoral Trend: All indicesended the day in green Source: NSE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Top Sensex gainers and losers Source: BSE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Broader Markets Broader markets outperformed the benchmark indices a bit with BSE Midcap and BSE Smallcap up 1.4% and 1.3% respectively

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Markets at close Benchmark indices ended higher with Sensex ending over 350 points higher while Nifty ending firmly above 10,150-mark, bouncing back after two days of losses on Thursday, led by banking, telecom, metal and auto stocks. The S&P BSE Sensex ended at 32,949, up 352 points while the broader Nifty50 settled at 10,166, up 122 points

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

DLF, Gail, Maruti Suzuki hit 52-week high   DLF, Den Networks, Cyient and ISGEC Heavy Engineering are among 10 stocks from the S&P BSE 500 index hit their respective 52-week highs on the BSE in intra-day trade after nearly one percentage point gain in the benchmark Sensex.    Of these 10 stocks,Gail (India), Maruti Suzuki India, TVS Motor Company, Aegis Logistics, Biocon and KEC International have touched their respective record highs on Thursday. READ MORE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Promoters offload shares to pare debt   Promoters of five companies - Bharti Infratel, Escorts, McLeod Russell India, Relaxo Footwear and Action Construction Company - have sold equity shares worth nearly Rs 4,000 crore through open market transactions in the past three weeks to cut debt in their respective company's books.    According to disclosures made by the companies to the stock exchanges, institutional investors led by foreign portfolio investors (FPIs) have bought these shares. Experts attribute this to buoyant markets that have provided an opportunity to promoters to raise funds via stake sale. Read More

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Land Rover, Range Rover drive JLR sales up 10% to 52,332 units in Nov   Tata Motors-owned Jaguar Land Rover (JLR) today reported 10 per cent increase in retail sales at 52,332 units in November as compared with the same month last year.   The company said sales during the month were primarily driven by the introduction of the new Land Rover Discovery and the Range Rover Velar. Read More

First Published: Thu, December 07 2017. 15:30 IST
RECOMMENDED FOR YOU

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

All that happened in the markets today

Benchmark indices ended higher with Sensex ending over 350 points higher while Nifty ending firmly above 10,150-mark, bouncing back after two days of losses on Thursday, led by banking, telecom, metal and auto stocks. Lenders such as State Bank of India on expectations that the government would soon reveal details of a recapitalisation plan. Reserve Bank of India Governor Urjit Patel said on Wednesday the government would “in coming days” detail how it plans to inject an announced $32 billion into state-run lenders, which was announced in October. Meanwhile, an RBI ...

image
Business Standard
177 22