US bond yields, crude oil price, Chinese power crunch, dragged indices lower on Tuesday. Will bears tighten their grip on the markets today or will market bulls wrestle their way back on Dalal Street?
The 60,000 mark is proving to be a volatile level for the Sensex. On the other hand, the Nifty50 index came within striking distance of the 18,000-mark in the preceding two trading sessions
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Expensive valuations and a cautious global mood given the developments in China and the possibility of a third Covid wave may trigger mild profit booking in days ahead
Sensex past the 60,000 mark for the first time on Friday. Even as the weak global sentiment tempered the mood, the bulls managed to hold their ground
NSE Nifty settled the day in the red ahead of the FOMC outcome later today
On the weekly basis, the benchmark indices gained, thus taking their winning run to the fourth straight week
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RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished
Both Sensex and Nifty hit fresh record highs in intra-day deals on Wednesday
Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent
However, healthy buying in the broader market kept overall market breadth in the favour of the buyers
Airtel, Nestle India, TCS and ITC contributed the most to gains for the benchmark indices
Top Nifty gainers included Kotak Mahindra Bank, Powergrid, Grasim and BPCL, among others
Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.
The domestic benchmark indices extended their gains to the third day in a row on Monday
The BSE MidCap index closed 0.35 per cent higher after hitting a new peak of 24,454 in the intra-day deals
TCS, HUL, Titan Company, UltraTech Cement, and Bharti Airtel hit their respective record highs on the BSE today
Eleven Sensex stocks, including RIL, Bharti Airtel, Titan Company, Bajaj Finance, Bajaj Finserv, HDFC Bank, HCL Technologies and Nestle India have gained more than 10 per cent in the last one month
The Nifty Realty index jumped 5 per cent today while the Nifty Metal index slipped 1.8 per cent