Page 108 - Sensex

Sensex closes with marginal gains

The stock market on Thursday moved without a clear direction, but some signs of revival in corporate earnings meant the benchmark Sensex wiped out early losses to end with a paltry gain of 79 points. Investors placed bets to cover their short positions on a day when October derivatives contracts expired, which aided the upmove.

Tata group stocks stir Sensex

Market moved lower with a 88-point fall in the Sensex as investors sold shares in various Tata firms a day after surprise ouster of Cyrus Mistry as chairman

Sensex rises 102 pts on Europe cues

Domestic stocks took on more strength on positive cues from Europe as the benchmark Sensex rallied nearly 102 points to hit a three-week high of 28,179 ahead of a crucial meeting between the government and top management of banks on NPAs. But caution set in after some key banks are due to announce their earnings from tomorrow onwards. The global markets ruled higher today on expectations that China will unveil fresh economy-boosting measures. Buying across the board led by oil and gas, banks and auto stocks carried forward the momentum. The 30-share Sensex opened higher and settled at 28,179.08, a gain of 101.90 points, or 0.36 per cent. The gauge had lost 53 points in Friday due to heightened prospects of a US rate hike. The NSE 50-share closed up 15.90 points, or 0.18 per cent, at 8,708.95. "Early sluggishness was wiped off on positive cues from European markets and after PSU banks added further gains ahead of a meeting of senior management of banks today to discuss the bad ...

Sensex rises 145 points

Uptick in crude oil prices provided more heft to the upmove

Watch out for 'results reactive' stocks

Scrips such as Bharat Heavy Electricals, Motherson Sumi, Bank of Baroda, and Hindalco saw the biggest swing after their Q1 results

Sensex fluctuates after biggest rally in 5 months

Indian banks and telecom stocks declined, while health-care and energy shares advanced as the benchmark gauge fluctuated after posting its biggest gain in five months.The S&P BSE Sensex fell 0.2 per cent after rising as much as 0.3 per cent earlier Wednesday. The measure jumped 1.9 per cent on Tuesday, the steepest climb among Asian gauges, as global funds turned net buyers of domestic shares for the first time in five days and speculation grew that the Federal Reserve will boost interest rates in December then not rush further increases as the US economy remains mixed."After such a big move on Tuesday, the market is likely to take a breather," Rudramurthy BV, head of research at Vachana Investments Pvt, said by phone from Bengaluru. "The rally was due to short covering and buying from foreign and local institutions. Any decline from current levels is a good opportunity to buy." He is advising investors to buy lenders, automakers and oil companies.Global funds bought Rs 345 crore (

Banks, global cues help Sensex climb up 521 points

Biggest gain in 5 months; ICICI top gainer among banks

Sensex fails to keep early lead, slumps to three-month low

Stocks saw a positive start today, only to reverse the trend later as the Sensex fell about 144 points to end at an over 3-month low, unnerved by muted start to second quarterly earnings and a lacklustre global trend. The numbers from both TCS and Infosys fell short of the crease as investors did not seem impressed. What clouded sentiment further was US Fed chief Janet Yellen's commentary on the US economy, indicating the need for aggressive steps to reboot it. The effect was immediate as indices globally started turning weak. Shares of state-run oil retailers such as Bharat Petroleum, Indian Oil and Hindustan Petroleum fell after rising over 1 per cent each in early deals due to a hike in petrol and diesel prices. Investors are betting on a hike in interest rates by the US Fed before the end of this year, brokers said, adding that profit-booking only hastened the fall. The BSE index ended lower by 143.63 points, or 0.52 per cent, at 27,529.97, its lowest close since July 8. .

Sensex recovers on lower inflation

Lower inflation data coupled with revived global sentiment helped benchmark Sensex bounce back after yesterday's steep fall and end 30 points higher at 27,673.60 in a choppy trade today, but gains were restricted by a mixed start of the earnings season. Infosys stock fell 2.34 per cent even as the company reported a 6.1 per cent rise in its second quarter net profit but cut its annual revenue growth forecast for the second time in three months on an "uncertain business outlook". While, shares of country's largest software exporter TCS today surged 1.61 per cent to Rs 2,365.90 after the company yesterday reported an 8.4 per cent rise in consolidated net profit at Rs 6,586 crore for the second quarter ended September 30. Investor sentiment received a boost after retail inflation fell to a 13-month low of 4.31 per cent and wholesale inflation at 3.57 per cent, creating headroom for further rate cuts by Reserve Bank in coming months. Besides positive domestic macro-economic data, a ...

Sensex mirrors changes in economy over 30 years

The index's surge has been uneven. It took nearly two decades to touch 10,000 but the surge from there to 20,000 points happened in less than two years

Sensex pares early gains, still up 68 points

Major gainers were Tata Steel 2.66%, followed by Cipla 2.09%, GAIL 1.93%, Asian Paint 1.44%

Sensex retreats for third day to pare weekly advance

Three shares fell for every two that climbed on the S&P BSE Sensex, which changed direction at least seven times

Profit booking pulls equity markets lower

Key indices traded on a flat-to-negative note due to heavy selling pressure on IT, oil and gas, and capital goods stocks

Sensex edges up as select blue-chips take spotlight

ONGC, Tata Steel, ITC, Lupin, Axis Bank, Tata Motors, GAIL, M&M & Reliance Industries were trading in the positive zone

Stocks drop for 2nd day on earnings concern

Power Index fell after rising four per cent in as many sessions, while a gauge of real-estate companies ended a four-day, nine per cent climb

Not A-list but high-flying shares nonetheless

Since March, the shares of 2,127 companies outside the A-group have been traded, of which 269 have seen their stock prices double

Sensex, Nifty up 1% ahead of RBI policy; rate-sensitives lead

Shares of rate-sensitive sectors such as bank and auto were among the top gainers

Mid-caps rebound as Sensex completes 2nd quarterly gain

Small and mid-cap stocks rebounded even as their bigger counterparts were volatile after falling the most in three months following the nation's attack on terrorists in Pakistan.The S&P BSE MidCap Index jumped the most in seven months as some investors judged the gauge's 3.6 per cent tumble on Thursday was overdone. The S&P BSE Sensex and the NSE 50 Nifty Index, India's benchmark indexes, closed little changed amid volumes that were five per cent below the 30-day mean. The Sensex slid the most since June 24 on Thursday."The mood is still cautious and the only hope is the tensions don't escalate," said Aneesh Srivastava, who manages $700 million as chief investment officer at IDBI Federal Life Insurance Co in Mumbai. "The economic consequences for us could be far greater if Pakistan retaliates."The conflict in Pakistan and increased global volatility have introduced a sobering note for the Indian markets closing out a blockbuster quarter. The Sensex capped a second quarterly ad

Sensex loses way, still up 71 pts on F&O expiry day

Sustained buying was seen in oil and gas, energy, realty, auto, utilities and consumer durable counters

Sensex gains 69 points; realty, banking rebound

Snaps three-session losing run, supported by rebound in realty, banking and automobile stocks amid positive European cues