Sensex touch above 30,000 mark for the first time ever; Nifty scales 9351

The benchmark Sensex, which was fighting to touch 30,000 mark has finally crossed above 30,000 mark and come out  to be well placed above 30,100 level. The BSE Sensex closed at 30,133.35 higher by 190.11 points. NSE  Nifty closed higher for the third consecutive trading session at 9351.85 up by 45.25 points.
HDFC Bank led the market rally, while  IT stocks remained under stress all through  day. Tech Mahindra was the biggest laggard  going down by 2.9% at Rs 425.45 per share. The IPO of S Chand got subscribed by 24% on its initial day of subscription. MRF Ltd closed higher by Rs 2,573.4 per share or 3.87% at Rs 69,018 per share.
The Bank Nifty index touched the fresh 52-week high of 22,276 level up by 222 points. PNB was the well focusing among the banking stocks, which closed higher by 3.66 percent  at Rs 167 per share. 
The rupee touched its 20-months high of 63.93 per dollar. European exchanges opened a bit  lower on today as investors focused on earnings, monetary policy and a tax announcement in the US.


 

Nifty closes above 9200, Sensex rallies 290 points, Rupee strengthens

Key benchmark indices triggered  the starting week on a strong footing tracking positive trend in global markets, after the preferred candidate, Emmanuel Macron, won the first round of the French presidential voting.
The BSE Sensex was up 290.54 points at 29,655.84 while the NSE Nifty closed above 9,200-mark for the first time since April 12,  rising up 98.55 points at 9,217.95. The broader markets kept momentum  similar to benchmarks as the BSE Mid-cap index was up 0.95% and Small-cap rose 0.8% on strong breadth. About 1627 shares rose against 1297 falling shares on the exchange.
The BSE turnover figured to Rs 4,344.58 crore, lower than the figure of Rs 7376.16 crore registered on Friday, 21 April 2017.
The Indian rupee strengthened per US dollar while bonds fell, with the benchmark ten-year bond yield rising 2 basis points to 6.94 percent.
Indian Bank closed at Rs 284 per share, up by Rs 23 or 9%, while Reliance Power closed at Rs 49 per share up  5%. Shares of ITDC, jumped nearly 13% hitting an intraday high and low of of Rs 747 Rs 650 per share, respectively. The stock closed at Rs. 719.50 share apiece higher by 14 percent

Markets extend losses, Sensex down 94 pts, Nifty down 34 pts

The BSE Sensex settled the day at 29,319, down 94 points, while the NSE Nifty-50 ended at 9,105, down 34 points. In the broader market, the BSE mid-cap down 0.6% and small-cap down 0.7% after hitting their respective record highs. On the BSE, 1,778 shares declined and 1,111 shares rose. A total of 137 shares were unchanged.
Sectorally, the Nifty Realty index down 3.4%,  as the  leading loser, led by losses in Indiabulls Real Estate, HDIL and Unitech going down by 10%, 5.3% and 5% respectively. Nifty PSU Bank settled 0.1 per cent higher.
Reliance Industries outshined TCS’s market capitalization.  The stock settled at Rs 1,370, down 1.5 percent.  TCS ended 0.6% lower ahead of its fourth quarter results due later in the evening.
Gruh Finance Ltd surged 8% after it has posted a 26% rise in March-quarter net profit on Monday. The stock ended at Rs. 394, up 6.5 per cent on the NSE. 
The global markets went higher  on account of  increase in capital inflows, while Asian stock markets finished mixed.. The Indian rupee was trading at Rs 64.57 against the U.S Dollar  in the afternoon session. Oil prices were trading at USD 52.67.

Nifty ends at record close 9150

Key Benchmarks ended the week end on a flat note after registering fresh highs intraday as investors are likely to have booked profits in the rally seen during the week. The BSE Sensex settled the day at 29,649, up 63 points, while the broader Nifty50 ended at 9,160, up 6.35 points or 0.07%. The market breadth was downbeat. About 1,225 shares advanced, while 1,593 shares declined, and 204 shares are unchanged.

The cigarette maker ITC rose over 7% at intra-day after the GST Council capped the tax on tobacco products.  ITC ended 4.6% higher along with other cigarette stocks such as Godfrey Phillips, and Golden Tobacco gained today on the BSE. Telecom index was the top sectoral laggards, going down 2.7% with Bharti Airtel dragging the index.  PSU banks and telecom stocks also witnessed a fall.

Overseas, European stocks edged lower since investors take a sigh from a global equity market rally that has pressed U.K stocks to record highs.

Live market Update, Sensex at 29,007 Levels

The benchmark BSE Sensex down about 41.14 points at 29007.05, at 10.50 am Tuesday, while NSE Nifty is trading at 8,945 down 17.70 points. The BSE Mid Cap index rose 0.03% and BSE Small Cap down 0.10%. On the BSE, 1,055 shares rose and 1,007 shares declined and a total of 94 shares were unchanged.
Overseas, Asian stocks registered a mixed trend along with weak closing on the Wall Street overnight.  US stocks recorded modest losses on Monday, 6 March 2017, as the possibilities of tighter monetary policy from the Fed Reserve sunk in for investors.
The Commodity precious metal Gold futures tumbled under Rs 29,000 levels on MCX on Monday as poor global cues hurt sentiments. COMEX Gold down near 2½ Week low yet again on sound economic data and Federal rate hike concerns.
In domestic markets, Crude Oil prices were down 0.03% to Rs 3, 555 per barrel. The prices of Crude Oil tested a high of Rs 3,574 per barrel and a low of Rs 3, 530 per barrel.

Indian, Overseas Market, Overview at a Glance

Indian stock market today is watchful ahead of the US Federal Reserve's Monetary Policy meet being scheduled today. Also, the domestic CPI (Consumer Price Inflation data) will be released today. Auto segment, Consumer Durables and Oil & Gas sectors are also seeing some traction in the morning session of trading. Asian markets are also opened flat.

A sharp rally in crude pooled with US 10 year bond yields crossing 2.5 percent witnessed a weakness, that creep into the emerging markets. Asian indexes were mixed tracking weak cues from the US, as investors chose to expect the result of the US Federal Reserve's monetary policy statement. Japanese shares down since investors took profits after a recent rally that had taken shares to their highest level in a year.

At 12:40, the S&P BSE Sensex is trading at 26599 up 84.13 points (+0.32%), while NSE Nifty is trading at 8,186.50 up 15.70 points (+0.19%). An active buying activity is seen in Auto, Consumer Durables, Oil & Gas sectors, whereas Metal, Bank, Realty, Finance, Pharma are showing slackness on BSE. Tata Motors said it will increase the prices of its passenger vehicles by up to Rs 25,000 from next month so as to compensate the increased input costs.

A generic Tamiflu capsules was launched by Natco Pharma, the drug is used for the treatment of influenza, in the American market after the final approval from the US health regulator in Aug 2016. Sun Pharma and Moebius Medical have come into an exclusive worldwide licensing contract to further develop MM-II, a novel pharmaceutical drug for the treatment of pain in osteoarthritis.

GAIL India Limited has won a second extension for completing the Cochin-Bangalore-Mangalore natural gas pipeline since it faces unprecedented troubles in getting land in Tamil Nadu and Kerala.

Equity Benchmarks Moving Up, Midcap Sectors Outperform

Equity benchmarks are continue climbing up. Sensex has jumped up 169 points at 26519 while Nifty is up 54 points at 8181. Smallcap-Midcap sectors are outperforming today. BSE SmallCap is 144 points high at 12251, BSE Midcap has hiked 97 points at 12399. Yet 1669 shares have advanced, 580 shares have declined and 125 shares are still unchanged.

Asian Market Updates: After two consecutive days rally, global indices have fell down today. Nikkei is 38 points down at 18318, Hong Kong's Hang Seng has lost 61 points at 22768 and Taiwan Index with minor loss of 29 points at 9192.

Pharma stocks are underperforming while auto sector is gaining. Idea Cellular, Eicher Motors, Maruti Suzuki, M&M and GAIL are the gainers of Nifty while Sun Pharma, BPCL, HUL, Lupin and Hindalco are losers of Nifty.

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.

Stock Market Struggling To Drift Up ~ MCX, NCDEX Market Down

Stock market started on a flat note with a slight negative bias, equity benchmarks are still under pressure. BSE Sensex has hiked 7 points at 26233 while Nifty is 5 points up at 8085. In broader market, BSE Small Cap is just 2 points up at 11842, BSE Midcap has risen up 64 points at 12065 and Nifty Midcap has gained 37 points at 14327.

Indian Currency Rupee slipped large amount of points in the morning session itself and is trading lower by 30 paise at 68.12 against US Dollar.

Asian Market Updates: Mostly global indices are in the green zone with Japan's Nikkei leading the region at 18007 with 145 points hike. Hang Seng dropped 3 points at 22259 and Taiwan Index is 13 points up at 9008.

Commodity Market also drifted down today. MCX Gold dropped 184 points at 28947 and Silver lost 293 points at 40447. Crude Oil declined 41 points at 3125.

Sensex Nifty Slipping Down - Auto, FMCG, Oil stocks tumble

After a huge rally yesterday, Stock market gone into heavy losses today. Currently Sensex has slumped 392 points at 27124 and Nifty has lost 133 points at 8392. Except Healthcare sector, all the sectors are going through heavy losses. BSE Small Cap has dropped 279 points at 12647, BSE MidCap has moved down 312 points at 12619 and Nifty Midcap lost 335 points at 15055. Just 424 shares have advanced, about 1888 shares have declined and 122 shares are still unchanged. 

Sun Pharma, ONGC, BHEL, SBI and Bank of Baroda are gainers while UltraTechCement, Bharti Infratel, GAIL, Adani Portsand Eicher Motors are the losers in NSE. 

Asian Market is also slipping down today. Nikkei is 23 points up at 17368, Hang Seng dropped 272 points at 22566 and Taiwan index is live at 8957 with 194 points down.

Nifty Breaches 8450, GST Push Fails To Calm Nerves ~ Latest Stock Market updates

Indian Stock Market was swinging between the gains and losses in the early session. Stock Market opened in green but moved into negative zone while increase in losses. Sensex has lost 53 points at 27376 and Nifty is 26 points down at 8458. Currently, 499 shares have advanced, 2130 shares have declined and 93 shares are still unchanged. BSE Small Cap has dropped 269 points at 12897, BSE MidCap has lost 142 points at 12872 and Nifty Midcap is 199 points down at 15221. GST has made the market to move down in the losses.

Asian Market Updates : Japan's Nikkei has undergone a major loss of 229 points at 16905, Hang Seng is 13 points up at 22696 and China's Shanghai Composite is 3 points down at 3125.

Gainers: ITC, HCL Tech, HUL, Asian Paints, Axis Bank

Losers: Sun Pharma, Dr Reddys Labs, Lupin, Aurobindo Pharma, Bharti Infratel 

Stocks in Focus Today: Larsen and Tourbo, Union Bank Of India, ICRA, TD Power Systems and PVR are the stocks that will be in focus today.

Sensex Nifty Drifting Down, MidCap Sectors Up

Sensex Nifty trading in green amid volatility with Sensex live at 27953 with 37 points up and Nifty has jumped 25 points at 8640. However indices are moving towards the losses wiping all its early gains. All the major sectors are marginally in the positive zone. BSE Small Cap has hiked 125 points at 13451 and BSE MidCap jumped 128 points at 13410 and Nifty Midcap hiked165 points at 15797. Tech Mahindra, Tata motors are the in the top list of gainers yet.

According to experts, Market will show the volatile nature throughout the day. 

Currently 1553 shares have advanced, 756 shares have declined and 231 shares are still unchanged.

Asian Market Updates: Maximum global indices are trading down except the Nikkei index. Nikkei is trading up 109 points at 17446, Hang Seng dropped 199 points and Shanghai Composite is just 3 points up at 3115.

Reliance Industries fell 23 Percent In Quarterly Results, Sensex Nifty moving under losses

Equity benchmarks opened flat today with minor gains, wiped off their early gains and moved into losses. Sensex has lost 127 points at 28002 and Nifty declined 32 points at 8666. Majority sectors are in negative zone. Bank Nifty, BSE Bankex, BSE Auto and Midcap Sectors are trading with negative points. Indian currency Rupee, is trading lower by 10 paise at 66.91 against US Dollar.

A large IT company Wipro has signed an agreement to acquire Appiro, a global cloud services company that creates modern generation worker and client experiences. Reliance Industries noted the 23 percent fall in their profits of second quarterly reports announced on Thursday.

In Commodity Sector, Gold has dropped 77 points at 29833 while Silver also declined 137 points at 41859. Crude Oil is trading down by 17 points at 33852. 

Currently 1049 shares have advanced, 1062 shares have declined and 142 shares are still with no change in their price.

In Asian Market, Global indices are trading flat. Nikkei is live at 17335 with just 1 point up, Hang Seng is 69 points up at 23374 and Shanghai Composite has lost 11 points at 3073.

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.

Equity Benchmarks Under Pressure, IT Stocks Continue To Skid

Equity benchmark indices opened on a flat note on Friday morning tracking mixed global cues. Sensex live at 28080 with 25 points down and Nifty is down 0.17 percent or 14 points at 8694. Small cap and Midcap sectors are still trading in the positive zone. BSE Small cap is 15 points up at 13240 and BSE Midcap is 11 points up at 13552. Rupee is trading 13 paise down at 66.82 against US Dollar.

Commodity Market is showing average movements today. MCX Gold has hiked 84 points at 29659 ans Silver has jumped 129 points at 41650. Crude Oil is 10 points up at 3378. Currently 1197 shares have advanced, 942 shares have declined and 157 shares are unchanged.

Asian market indices are trading in the negative zone today. Nikkei has lost 59 points at 16839, Hang Seng is 133 points down at 23819 and Shanghai Composite is trading with hike of minor points at 3005. 

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.

L&T Technology Services Debuted, Stock Market Moving towards losses

Indian Stock Market opened flat today amid weak global cues. Global Axles, the rear axle shaft manufacturer will debut in the stock market on 26th September and price for its stock is fixed as Rs 207 per share. L&T Technology Services has made the stock debut today with RS 860 as its issue price. Sensex is live at 28749 with 24 points and Nifty has lost 6 points to 8860. Currently, Rupee is trading down by 5 paise at 66.71 against US Dollar. Midcap sectors are still trading in the positive zone. BSE Midcap is 51 points up to 13346 while Nifty Midcap is up 53 points to 15692 and BSE Small cap has hiked 54 points yet to 13003.

Commodity market is moving into the negative zone with some major and minor losses. MCX Gold has lost 101 points to 31231 and Silver dropped 400 points or 0.84 percent to 47168. Crude Oil dropped 33 points down to 3068.

In Asian Market, global indices are trading with minor losses. Nikkei dropped 42 points to 16765, Hang Seng lost 18 points to 23740 and Shanghai Composite is just 5 points down to 3036.

Stock Market Rises More Than 1 Percent - Updates By Money Maker Research

Indian stock market rose over 1 percent on Friday in the noon session, heading for their third straight session of gains, in line with Asian markets as lackluster U.S. retail sales data reduced already low chances of an interest rate hike by the Federal Reserve next week. Sensex has hiked 295 points yet and Nifty has rise 79 points to 8822. Currently Rupee is trading higher by 13 paise at 66.89 against US Dollar. Till yet 1571 shares have advanced, 996 shares declined and 184 shares remained unchanged. Midcap sectors are showing average movements. BSE Small Cap has hiked 53 points to 12799, while BSE Midcap drifted up 30 points to 13122.

Commodity Market is slipping down in today's session. In Bullion Market, MCX Gold dropped 52 points to 30858 and Silver dropped 141 points to 45497. Crude Oil fell 40 points down ahead weak global cues.

Asian Market Update: Nikkei has hiked 114 points to 16519, Hang Seng hiked 144 points to 23335 and China's index Shanghai Composite dropped 20 points to 3002.

Sensex Nifty Slumped, Commodity Market on Flat Note

Sensex and Nifty opened on a flat note on Friday morning. Sensex has lost 196 points at 28848 and Nifty has lost 64 points yet. Commodity market is also showing average movements today. MCX Gold has dropped 6 points to 31197 while Silver dropped 18 points to 46696. In energy sector, Crude oil dropped 21 points to 3143 and Natural gas hiked 1.20 points to 187.30. Midcap sectors are trading down today. BSE Smallcap dropped 49 points to 12873, BSE Midcap dropped 92 points to 13386 and Nifty Midcap dropped 74 points to 15671. BSE Auto sector dropped 267 points to 22919, BSE BANKEX dropped 301 points to 23184 and Bank Nifty lost 243 points to 20173. Currently, Rupee is trading lower by 13 paise at 66.55. Till yet 890 shares have advanced, 1422 shares have declined and 146 shares are unchanged.

Asian Market Updates: Japan's benchmark index Nikkei trading at 16965 with minor hike of 7 points, Hong Kong's benchmark index has a major hike of 336 points at 24255 and China's Shanghai Composite has dropped 2 points to 3093.

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.