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MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

Among the sectoral indices, the Nifty FMCG index rose 1.01 per cent led by gains in ITC and Dabur India. The Nifty Bank index too rose 0.77 per cent led by Axis Bank, HDFC Bank and ICICI Bank.

SI Reporter  |  New Delhi 

The frontline equity indices continued their winning momentum, gaining for the fourth straight session and settling around 0.5 per cent higher on Wednesday aided by gains in banking and fast-moving consumer goods (FMCG) stocks. The S&P BSE Sensex ended at 36,213, up 232 points or 0.64 per cent, while the broader Nifty50 index settled at 10,855, up 53 points or 0.49 per cent. Among the sectoral indices, the Nifty FMCG index rose 1.01 per cent led by gains in ITC and Dabur India. The Nifty Bank index too rose 0.77 per cent led by Axis Bank, HDFC Bank and ICICI ...

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MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

Top sectoral gainers and losers on NSE

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

S&P BSE Sensex: Top gainers and losers

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

Market at close   The S&P BSE Sensex gained 232 points or 0.64 per cent to settle at 36,213 while NSE's Nifty50 index closed at 10,855, up 53 points or 0.49 per cent. 

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

US-China trade talks conclude as hopes of a deal build Chinese and US teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the global economy can be avoided.   The talks were extended into an unscheduled third day, showing both sides were "serious", China's Foreign Ministry said. READ MORE

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

YES Bank cracks nearly 6% ahead of board meeting outcome Shares of YES Bank fell as much as 5.6 per cent to Rs 181.55 on the BSE in intra-day trade on Wednesday as the investors awaited the outcome of the bank's board meeting in regards to the appointment of the new managing director (MD) and chief executive officer (CEO).   At 2:22 pm, the stock of the private sector lender was trading at Rs 187.50 down Rs 4.80 or 2.5 per cent. Over 5.4 crores of shares were traded on the BSE and National Stock Exchange (NSE) so far. Read more

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

EARNINGS IMPACT

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

NEWS ALERT| Bajaj Corporation reports Q3 net profit up 8.9% at Rs 60.1 cr vs Rs 55.2 Cr (YoY)

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

EARNINGS IMPACT

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

NEWS ALERT| IndusInd Bank Q3 net profit rises 5.2 per cent year-on-year

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

Web Exclusive Chart reading: Can Nifty Auto and Nifty Pharma catch up with benchmarks? The Nifty50 index has risen 8.30 per cent to 10,860 and Sensex has gained 8.74 per cent to 36,200 from their November lows of 10,004 and 33,291, respectively. However, Nifty Auto has risen only 4.73 per cent while the pharma index Nifty Pharma has climbed 5.49 per cent from their respective lower levels. Both the Nifty indices are substantially trading below their crucial moving averages. The technical indicators of both the indices indicate lag in strength and crossover, especially MACD (moving average convergence and divergence), which is trading below the zero line. Read more

MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

NEWS ALERT| Rupee weakens past 70.50 against the US dollar   

First Published: Wed, January 09 2019. 08:12 IST
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MARKET WRAP: Sensex rises for 4th straight day, gains 232 pts led by banks

Among the sectoral indices, the Nifty FMCG index rose 1.01 per cent led by gains in ITC and Dabur India. The Nifty Bank index too rose 0.77 per cent led by Axis Bank, HDFC Bank and ICICI Bank.

The frontline equity indices continued their winning momentum, gaining for the fourth straight session and settling around 0.5 per cent higher on Wednesday aided by gains in banking and fast-moving consumer goods (FMCG) stocks. The S&P BSE Sensex ended at 36,213, up 232 points or 0.64 per cent, while the broader Nifty50 index settled at 10,855, up 53 points or 0.49 per cent. Among the sectoral indices, the Nifty FMCG index rose 1.01 per cent led by gains in ITC and Dabur India. The Nifty Bank index too rose 0.77 per cent led by Axis Bank, HDFC Bank and ICICI ...

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