Nifty below 9,050; Shares fall down on weak global cues

Trading on Monday began on a downbeat note as domestic shares reflected weakness in other global stock markets. The BSE Sensex, fell 187.96 points or 0.64% to 29,233.44. The NSE Nifty50 index fell 62.80 points or 0.69% to 9,045.20, dragged by fall in IT and pharma stocks on strong rupee sentiment. Sentiment also affected  after private weather forecaster Skymet issued a statement today forecasting India's monsoon in 2017 is likely to remain below normal at 95% of the long period average of 887 mm for the four-month period from June - September.
The BSE Mid-Cap index fell 0.27% while the BSE Small-Cap index fell 0.06%.  On BSE, 1630 shares declined and 1158 shares advanced and a total of 231 shares were unchanged. Reliance Industries Ltd fell 3% after it was caught on fraudulence in taking a short trading position at the time of selling a stake in a unit in 2007. 
Asian stocks declined as investors were worried about the Trump's administration's inability to push through its policy initiatives.
Finance Minister Arun Jaitley today tabled supplementary GST legislations in Parliament amid protests from the members of the Congress Party.
 

Nifty ends at 9,100; Sensesx closes high led by banking stocks

The key benchmark indices on its closing Friday settled higher led by  gains in banking stocks following news reports that the Finance Minister Arun Jaitley has announced to offer a solution to the growing non-performing assets  crisis in next few days.
The BSE Sensex ended at 29,421.40, up 89.24 points, while the broader Nifty50 settled at 9,108, up 21.70 points. Both the indices registered  their first weekly loss in March, retreating from a record high attained last week.
In the broader market, the BSE Midcap ended 0.1% down, while the BSE Smallcap index gained 0.3%.  On the BSE, 1471 shares declined against  1,346 advancing shares and a total of 218 shares were unchanged.
Bank stocks advanced. ICICI Bank rose 3.28%, Kotak Mahindra Bank rose 1.2%, Axis Bank up 0.49% among others.

Sensex closes up 164 points, Nifty 0.62% higher on recovery in global markets

BSE Sensex closed higher by 164 points, or 0.56%, to 29,332, while the NSE Nifty rose 55.85 points to 9,086.30. Sensex rose today tracking a recovery in global markets with energy shares leading the gains, whereas financial and auto shares bounced back. Key indexes had on Wednesday clocked their highest intraday loss in over 2 months, boosted by a slump on the Wall Street due to a lack of clarity in Trump’s economic policies. U.S shares picked up on Wednesday while Asian stocks rose on Thursday, taking signals from gains on Wall Street.

Share price of NTPC finished on an cheerful note, up 2.3%, after the company reported seeking to buy the federal government's stake in hydro-power producer SJVN Ltd. to increase the share of non-fossil fuel generation capacity.

Share price of Cairn India surged 2.7% after the government approved a policy for extending the term of more than two dozen oil & gas production contracts signed in a bid to bolster energy security. The move is expected to obtain an additional investment of about USD 5.43 billion.

The rupee was trading at Rs 65.42 against the US Dollar in the afternoon session. Oil prices were trading at US Dollar 48.35 at evening.