A strengthening rupee, encouraging domestic inflation data and unabated foreign capital inflows further bolstered sentiment, traders said
The 30-share BSE Sensex declined 170.89 points or 0.28 per cent to settle at 61,624.15. During the day, the index touched its 52-week high of 61,916.24 and fell to 61,572.03
Both stocks were the biggest gainers in both the Sensex and Nifty indices and accounted for nearly half of the gains made by these indices
Analysts think it will not be a runaway rally from here on as the market valuations seem expensive
CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge
Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11
CLOSING BELL: Hero MotoCorp, HDFC Bank, Kotak Bank, ONGC, Bharti Airtel, and Dr Reddy's Labs, meanwhile, eked out gains up to 2.6 per cent
Stocks to watch today: Adani Green, Zomato, Eicher Motors will report the July-September (Q2FY23) results on Thursday, November 10; Bharat Forge's subsidiary bagged export order worth $155.5 million
CLOSING BELL: The Nifty50, meanwhile, shut shop at 18,157, down 46 points or 0.25 per cent
Stocks to watch today: Tata Motors, Pidilite Industries will report the July-September quarter (Q2FY23) results on Wednesday, November 9; Coal India saw 102 per cent jump in net profit to Rs 6,044 cr
CLOSING BELL: The Nifty PSU Bank index sharply outperformed other indices as it gained 4.5 per cent
Stocks to watch today: Coal India, Divi's Lab will report the July-September quarter (Q2FY23) results on Monday, November 7; SBI's net profit climbed 73.9 per cent YoY to Rs 13,265 crore in Q2FY23
Last week, the benchmark Nifty and Sensex came close to topping their lifetime highs made in October 2021. Domestic brokerage ICICIdirect expects the Nifty to not just surpass its previous highs
The markets reflect a 'sense of stability', say analysts
CLOSING BELL: A late rally on Dalal Street helped the benchmark indices end a lacklustre trading session on a positive note. Metals, select financial shares led the pullback.
CLOSING BELL: IT, Power stocks logged significant losses, even as select financial stocks gained.
Cash market turnover fell almost 20% in October as rally take traders by surprise
Market Wrap: Bharti Airtel, Maruti, HCL Technologies and Hindustan Unilever were the prominent losers, while ITC and Sun Pharma finished with steady gains.
Benchmark indices gained in 11 of the past 12 trading sessions
MARKET WRAP: Pharma, power and IT stocks were the major gainers in trade on Tuesday, while index heavyweight Reliance Industries and select banking shares ended on a tepid note.