Sensex and Nifty close at record highs as IT, telecom stocks rise

Benchmark BSE Sensex closed at 30,582.60 higher by 260.48 points or 0.8% whereas  Nifty-50 closed at 9,512.25 higher by 66.85 points or 0.7%, on Tuesday backed by PSU banks, FMCG, auto and IT stocks.
Nifty PSU Bank index led the market rally in today’s trading session  gaining 2.4% during the trade, while the Nifty closed above 9,500 for the first time ever, Sensex closed above its psychological 30,500 mark. Reliance, SBI, ITC and TCS contributed 45% to the Nifty gains, with IOC and Indian Hotels being the prominent Nifty gainers.
ITC gained 2.2 percent to Rs 283.45, hitting a  high and low of  Rs 284.25 and 278.10  respectively, in intraday trade.  Auto stocks rose with  Hero MotoCorp gaining 3.2%, Eicher Motors went up 1.39%, Tata Motors rose 1.23%, Bajaj Auto went up  0.98% among others.
The market breadth was strong with  853 advancing stocks against 791 declining stocks  and 307 unchanged stocks on NSE.
The stock of Voltamp Transformers surged 8% as the company today reported a net profit at Rs 22.65 Cr, for the quarter ended March 2017, versus Rs 19.21 Cr, for the corresponding quarter of the last year.

Markets end little changed ahead of US Federal outcome; Godrej Properties’ shares rallied 14%

The key benchmark indices settled lower on Wednesday tracking mixed trend floated in Asian and European markets.  Investors were concerned over the chances of another rise in interest rates next month ahead of the U.S Federal Reserve's policy results due later today.
The BSE Sensex closed at 29,894.80 down 26.38 points, while the NSE  Nifty 50 settled at 9,311.95 down 1.85 points.  The secondary barometer,  BSE Mid-cap pared all gains to end 0.3% lower, whereas the BSE Small-cap ended little changed.  On the BSE, 1,488 shares rose and 1,357 shares fell. A total of 161 shares were little affected.
Among individual stocks, ICICI Bank fell over 1 percent to Rs 273 ahead of its March quarter earnings announcement  due later in the day.  HDFC, Tata Motors Lupin, and Maruti Suzuki were the top losers on Sensex.
Godrej Properties’  shares rallied 14% to Rs 575 in intraday after the company declared that it has sold over 1,000 apartments across three new project launches since March 2017. Godrej Properties’  stock settled 7% higher at Rs 542.
Stocks of Spice Jet crossed a record high of Rs 116.90, up 4% on BSE surpassing its previous high of Rs 115 hit on September 5, 2005.
Meanwhile, engineering company IRB Infrastructure became the first firm to announce a public offer in the InvITs space with a Rs 5,000 crore plus the public issue of its fund opening today. The IPO of engineering company IRB Infrastructure, closes on May 5 and commands a price band of Rs 100 to 102 per unit.

Closing Bell: Sensex, Nifty settle the day flat, Maruti Suzuki shares up 3%

The benchmark BSE Sensex closed flat on Tuesday, in spite of losses were capped as some auto majors rallied after posting rise in April sales. The BSE Sensex closed higher by 2.78 points, or 0.01%, to 29,921.18, while the NSE Nifty closed 9.75 points, or 0.10%, to 9,313.80.

Ambuja Cements Ltd fell about 4.21%. Shares of most Indian auto makers, rose after they reported a jump in April vehicle sales on Monday. Maruti Suzuki Ltd gained 3% to a record high of Rs. 6,730, while Eicher Motors Ltd rose 2.61% to a record high of Rs. 26,747.90.

Oil refiners also rose on account of hikes in petrol and diesel prices. Bharat Petroleum Corporation gained 2.75%, Hindustan Petroleum Corp. advanced about 2.40%, and Indian Oil Corp. climbed nearly 1.87%.

The Bank stocks were on focus at the exchanges in the morning hours wherein Federal Bank was the splendor performer touching an intraday high of Rs 115.3 per share, up by 7.3 percent.

 

Sensex closed at 29,943 levels, Nifty above 9300 for first time ever, RIL rise 3.4%

The benchmark indices NSE Nifty-50 index closed at 9,306, higher by 88.65 points or 0.96%, whereas the Sensex closed at 29,943.24, higher by 287.40 points Nifty closed above 9,300 for the first time since April 12, 2017. Nifty bank, Sensex and  Nifty Midcap closed at their ever high levels today. The BSE Mid-cap Index closed up by 0.9% at 14,625 whereas the BSE Smallcap Index closed up by 0.8% at 15,291.
Bharti  Infratel  Ltd was the top Nifty gainer while, Tata Power was the top Nifty loser. Reliance Industries Limited (RIL) climbed nearly 3.4% to its highest since May 2008, keeping it the biggest gainer on the NSE index, after the company on Monday posted a 12.8% rise in Q4 profit, beating expectations.
Bank stocks finished recorded  a strong note with  share price of Bank of India and Axis Bank leading the gains. There were 884 advancing shares , 777 declining stocks and 297 unchanged stocks on NSE.  A bullish undertone floated in the market.
The Indian rupee strengthened to as much as 64.2750 per dollar. Oil prices were trading at USD 49.34.

Sensex sheds 77 points; Nifty50 hits 6-month low to end at 8,074

Equity benchmarks indices were trading lower on Friday, closing market at Sensex sheds 77 points at 26,150.24. and the Nifty declined 6-month low to end at 8074. NTPC rallies 4 percent while Tata Steel slips 2 percent. About 1312 shares have advanced, 1277 shares declined, and 166 shares are unchanged. 

The gainers were NTPC, Sun Pharma, Bharti, Hero MotoCorp and M&M, while losers were Tata Steel, ITC, GAIL, Asian Paints and HDFC Bank.

Sectoral indices were trading on a mixed note with stocks from power sector,  witnessing maximum buying interest. Stocks from fast moving consumer goods sector are witnessing selling pressure.

Sensex Nifty Edge Up - Latest Stock Market Updates

After major losses in stock market yesterday, Equity benchmarks opened in green zone today with minor leads, struggling to have more higher gains. Currently, Sensex is 43 points up at 27687 while Nifty is just 8 points up at 8581. Indian sectors are trading mixed today. However Midcap and Smallcap sectors are trading higher. BSE Smallcap has hiked 72 points at 13141, BSE Midcap has gained 72 points at 13384 and Nifty Midcap is live at 18995 with 75 points hike. BSE Bankex is trading 54 points up at 21693 and Bank Nifty is 40 points up at 18995.

Asian Market Updates: Nikkei is 73 points up at 16847, Hang Seng jumped 157 points up at 23189 while Shanghai Composite lost 16 points at 3045.

Commodity sector is trading in positive zone with minor leads. MCX Gold is just 9 points up at 29718 while Silver has hiked 50 points at 41940. Crude oil gained 30 points at 3395.

Currently Rupee is trading higher by 8 paise at 66.85 against US Dollar.

Domestic Benchmarks Plunging Down, Midcap Sectors Trading Up

After the government confirmed that in response of Pakistan terrorist activities surgical strike by Indian soldiers, investors panicked and took to seeling plunging equity benchmarks to drop more than 1.5 percent intraday. Domestic equity benchmarks opened flat on Friday morning. Sensex dropped 43 points or 1.06 percent to 27783 and Nifty dropped 8 points or 0.10 percent to 8535. Midcap and Small cap indices are trading with positive leads in the struggling market. BSE Small Cap has hiked 170 points to 12684, BSE Midcap gains 164 points to 13078 and Nifty Midcap hiked 185 points to 15284. Yet, 1613 shares have been advanced, 584 shares have been declined and 137 shares are unchanged.

Asian Market Updates: Global indices are trading down. Nikkei is trading 215 points down to 16478, Hang seng is 314 points down to 23425 and Shanghai Composite is 4 points up at 3003.

Stock And Commodity Market moving High - Updates By Money Maker Research

Equity benchmarks opened higher in today's trading session. Currently, indices are moving in the positive zone with average gains. Sensex has gained 56 points at 28479 and Nifty hiked 8 points to 8783. Maximum Indian sectors are trading with positive leads including the midcap sectors. BSE Auto sector is leading the region with 176 points hike to 22262, BSE Bankex gained 96 points to 22774 and Bank Nifty live at 19863 with 75 points up. Indian currency Rupee is stable on 66.85 with strength of 10 paise against US Dollar. 

MCX and NCDEX markets are moving higher in the positive direction. In Bullion Market Gold has hiked 9 points to 30781 while Silver stocks jumped 185 points to 44483. Rmseed lift up 36 points to 4704, Soyabean hiked 39 points to 3318 and Cocudakl is up 13 points to 2707.

Asian Market Updates: Asian Market indices are trading marginally lower in the positive zone today. Nikkei dropped 16 points to 16910, Hang Seng gained 91 points to 23254 and Shanghai Composite with minor loss of 7 points dropped to 3056.

Sensex Nifty Continue To Consolidate, Bullion Market Up

Stock market opened marginally higher today but lost its profit in early trade. Equity benchmarks remained under pressure tracking weakness in Asian indices. BSE Sensex hikes 12 points to 27848 and Nifty hikes just 1.80 points to 8594. Rupee is trading with the strength of 3 paise at 67.02 against US Dollar. Asian market indices are trading lower. Nikkei lost 123 points to 16432, Hang Seng gains 124 points to 22939 and Shanghai composite with minor gains trading at 3085. Commodity market started on a good positive note. Gold hikes 51 points to 30979 while Silver has gained 194 points to 43853 till yet. Maximum sectors are trading in the negative zone. BSE Auto sector is leading of all the sectors with 93 points hike at 21197. Midcap sectors are trading lower in the negative zone. NCDEX market is showing negative movements. Rmseed dropped 26 points to 4622, Soyabean dropped 5 points to 3370, Dhaniya hikes 36 points to 7764 and Barleyjpr trading at 1529 with hike of 4 points.

Equity Benchmarks Rising High, Gold Silver Down

Equity Benchmarks extended rally in the morning session. Market has risen more than 1 percent till yet. Sensex is up 281 points to 28141 and Nifty is up 78 points to 8670. Currently Rupee is trading at 66.81 with 3 paise hike against US Dollar. Bullion Market dropped in the early sessions. MCX Gold with 167 points down trading at 31160 and Silver dropped 280 points to 46475. Natural Gas with minor drop is trading at 169.70 and Crude Oil has hiked a good amount of 38 points to 2950. Asian market indices are trading high in the positive zone. Nikkei has hiked 191 points to 16926, Hang Seng with 164 points lead trading at 22745 and Shanghai Composite is trading low with just 7 points up at 3009. 

Indian Sectors are showing high movements positive leads. BSE Auto is trading highest with 308 points lead to 21486, BSE Bankex hiked 195 points to 21519 and Bank Nifty with 152 points up trading at 18792. BSE Small Cap with 80 points lead trading at 12270, BSE Mid Cap has risen 129 points to 12777 and Nifty MidCap with 115 points up trading at 14858.