The Sensex ended above 60,000 and the Nifty above 18,000 for the first time since September 14
CLOSING BELL: The Financial Services, IT, Pharma, Auto, and Consumer Durable indices gained over 1 per cent each, while others added up to 1 per cent
This week, four companies are looking to raise more than Rs 4,100 crore via IPOs
Stocks to watch today: Maruti Suzuki, Vedanta will report the July-September quarter (Q2FY23) results on Friday, October 28; SBI Card reported 52 per cent YoY jump in net profit Rs 526 crore in Q2FY23
A strengthening rupee further bolstered sentiment, even as relentless foreign capital outflows restricted the gains, traders said.
CLOSING BELL: Tata Steel, Power Grid, Sun Pharma, Axis Bank, Bharti Airtel, Kotak Bank, M&M, HDFC, Dr Reddy's Labs, and Titan were the leading winners
Stocks to watch today: SBI Cards, Indus Towers will report July-September quarter results on Thursday, October 27; Sony India and Zee Ent plan to sell 3 Hindi channels to address anti-competition
Profit-booking comes to play, investors dump FMCG, pvt banking stocks
CLOSING BELL: The top drags were Nestle, Bajaj Finserv, HUL, Kotak Bank, RIL, HDFC, Bajaj Finance, Asian Paints, and IndusInd Bank as they fell in the range of 1 per cent to 3 per cent
The benchmark Nifty ended Samvat 2078 at 17,576. The Sensex finished at 59,307, logging marginally negative returns
Recovering after a sharp sell-off in later afternoon trade, the 30-share BSE Sensex ended 104.25 points or 0.18 per cent higher at 59,307.15.
The BSE MidCap index fell about 4 per cent in Samvat 2078, while the BSE SmallCap index added 0.4 per cent
World stocks were largely negative ahead of a slew of central bank meetings
HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23
CLOSING BELL: Meanwhile, the rupee will fall further against the US dollar over the rest of the year, a Reuters poll showed. It slipped to a record low of 83.21 today, and ended at 82.75/$
As we enter Samvat 2079, analysts believe that the domestic market's outperformance against global peers will sustain as fundamentals and profitability of Indian corporate improves
CLOSING BELL: HDFC, Nestle India, ITC, RIL, Axis Bank, and Ultratech Cement were the top gainers
Stock exchanges in Europe were trading in the positive territory in mid-session deals
Currently, the entity getting merged is removed from the index and later the weightage of the merged entity is increased
CLOSING BELL: The gains were largely led by bank, auto, IT, and FMCG stocks. Their sectoral indices were up over 1 per cent each