You are here: Home » Markets » News
Business Standard

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

All that happened in Tuesday's session

SI Reporter  |  New Delhi 

The markets extended gains for the third straight session on Tuesday with the Nifty50 ending above 9,850 as automakers such as Tata Motors surged after posting strong monthly sales, while Dr Reddy’s Laboratories jumped on the launch of a drug in its key US market. Investors also keenly await the Reserve Bank of India’s policy meeting on Wednesday, with the central bank expected to keep rates on hold despite a sharp slowdown in economic growth after inflation surged to a five-month high. Overseas, world shares hit their latest in a run of record highs on ...

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
149.00  
subscribe
Complete access to the premium product
Convenient – Pay as you go
Pay using Credit Cards and select Debit Cards (Issued by ICICI Bank 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.
  • Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
  • This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information

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 MONTHLY

BS Digital + FREE Monthly access to The Wall Street Journal online

Business Standard Digital - 1 Month + FREE 1 Month access to
The Wall Street Journal online*
199.00
subscribe
FREE across device access to The Wall Street Journal online*
Convenient – Pay as you go
Pay using Credit Cards and select Debit Cards (Issued by ICICI Bank only)
Auto renewed (subject to your card issuer’s permission)
Cancel any time in the future
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.
  • 18 years of archival data.

ON THE wall street journal online

  • Seamless access to The Wall Street Journal online on any device with your Business Standard Digital account.
  • Experience the best of WSJ’s reporting, video and interactive features (More business executives read the journal globally than any other publication).
  • Get WSJ’s take on people and events shaping business, finance, technology, politics and culture.
  • Get WSJ newsletters in your inbox to make life easier on your busiest days.
  • Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription will be valid for Business Standard Digital only without any change in the subscription price.

NOTE :

  • This product is a monthly auto renewal product.
  • If you have been a past Free/Registered User of The Wall Street Journal online - You will not be eligible for the seamless account creation on The Wall Street Journal online facility. Kindly  email us your non-confidential password on The Wall Street Journal online to enable us activate your access from the backend.
  • 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 mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

BS Digital + Free 12 Month Access to The Wall Street Journal online

Business Standard Digital - 12 Months + FREE 12 Months access to The Wall Street Journal online*
1999.00
subscribe
Get 12 months of The Wall Street Journal online worth Rs 17165 FREE*
Single Seamless Sign-up to Business Standard Digital and The Wall Street Journal online
Convenient - Once a year payment
Pay using Credit or Debit Card
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 your 5 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.

ON THE wall street journal online

  • Seamless access to The Wall Street Journal online on any device with your Business Standard Digital account.
  • Experience the best of WSJ's reporting, video and interactive features (More business executives read the journal globally than any other publication).
  • Get WSJ's take on people and events shaping business, finance, technology, politics and culture.
  • Get WSJ newsletters in your inbox to make life easier on your busiest days.
  • Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription will be valid for Business Standard Digital only without any change in the subscription price.

NOTE :

  • Saving calculated at the current WSJ price - US $ 1 for the first 3 months and US $ 28.99 thereafter Conversion scale 1 US$ = 65.04 INR
  • If you have been a past Free/Registered User of The Wall Street Journal online - You will not be eligible for the seamless account creation on The Wall Street Journal online facility. Kindly  email us your non-confidential password on The Wall Street Journal online to enable us activate your access from the backend.
  • 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 mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

Business Standard Digital

Business Standard Digital - 12 Months
1999.00
subscribe
Pay as you go
Payment though credit card only
Auto renewed (Subject to your card issuer's permission)
Exclusive invite to select Business Standard events
Cancel any time in the future

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 your 5 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 :

  • 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 mail with the request to  assist@bsmail.in Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.
Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Anand James, Chief Market Strategist, Geojit Financial Services     Lacklustre show from the PSU banks forced the investors to be on the back foot ahead of the RBI policy meet, but positive auto sales numbers kept markets afloat. Few expect a rate cut given rising inflation expectations, which has increased the surprise potential of tomorrow’s call. Nevertheless, upcoming earnings season should mean that stock specific moves should take dominance over broad market sentiments.

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Sectoral trend Source: NSE

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Sensex heatmap at close Source: BSE

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Broader markets   The BSE Midcap and the BSE Smallcap indices mirrored the gains in the frontline indices, gaining 0.7% and 0.5%, respectively. 

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Markets at close The S&P BSE Sensex ended at 31,497, up 214 points, while the broader Nifty50 closed at 9,859, up 71 points. 

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Buzzing stock   PNC Infratech rose 5% to Rs 142.80 on BSE after the company said it won a road contract worth Rs 2159 crore.

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

GAIL, Adani Transmission, Avanti Feeds, Graphite India hit new highs   Adani Transmission, Avanti Feeds, GAIL (India), Graphite India, Bajaj Auto and Bombay Burmah Trading Corporation are among the 14 stocks from the S&P BSE500 and S&P BSE Smallcap index that hit their respective record highs on BSE in intra-day trade on Tuesday. READ MORE

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

European markets   European shares hovered around three-month highs on Tuesday as a sell-off in Spanish stocks eased and financials gained following another record-breaking session on Wall Street.   The pan-European STOXX 600 index was flat, while Spain's blue chip index added 0.1 percent as Madrid and Catalonia appeared to carefully weigh their next steps following Sunday's independence referendum, which the central government has declared illegal.

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Broader markets   The BSE Midcap and the BSE Smallcap indices mirrored the gains in the frontline indices, gaining 0.7% and 0.6%, respectively. 

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Markets check   At 3:05 pm, the S&P BSE Sensex was ruling at 31,514, up 231 points, while the broader Nifty50 was trading at 9,862, up 74 points. 

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

Nifty PSU Bank sole sectoral loser ahead of RBI policy outcome  Source: NSE

First Published: Tue, October 03 2017. 15:37 IST
RECOMMENDED FOR YOU

Markets extend gains for 3rd session; Sensex up 214 pts, Nifty ends at 9859

All that happened in Tuesday's session

The markets extended gains for the third straight session on Tuesday with the Nifty50 ending above 9,850 as automakers such as Tata Motors surged after posting strong monthly sales, while Dr Reddy’s Laboratories jumped on the launch of a drug in its key US market. Investors also keenly await the Reserve Bank of India’s policy meeting on Wednesday, with the central bank expected to keep rates on hold despite a sharp slowdown in economic growth after inflation surged to a five-month high. Overseas, world shares hit their latest in a run of record highs on ...

image
Business Standard
177 22