Sensex gains 50 pts, Nifty nears 11,300; auto stocks tank up to 3%

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OPENING BELL: Sensex gains 50 pts, Nifty nears 11,300; ICICI Bank jumps 3%




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Watch Sensex gains 50 pts, Nifty nears 11,300; auto stocks tank up to 3% With HD Quality.

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    Sensex gains 50 pts, Nifty nears 11,300; auto stocks tank up to 3%

    OPENING BELL: Sensex gains 50 pts, Nifty nears 11,300; ICICI Bank jumps 3%




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    Watch Sensex gains 50 pts, Nifty nears 11,300; auto stocks tank up to 3% With HD Quality

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    Sensex rises 150 pts, Nifty nears 11,500; bank, auto stocks gain up to 3%

    Equity Benchmark indices opened on a positive note in early session on Thurday, driven by gains in auto and bank stocks. At 09:18 am, the BSE S&P Sensex was up by 160 points at 38,752.77 while the Nifty 50 gained by 54 points at 11,494.10. Trading is expected to be volatile as the Futures and Options (F&O) contracts for the September series expires today.

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    Benchmark indices Sensex and Nifty continued their rising streak for a third session in a row on Tuesday, led by gains in banking, metal and energy stocks amid signs of subsiding global trade war concerns. The BSE gauge Sensex rose 165.94 points, or 0.42 per cent, to close at 39,950.46; while the NSE benchmark Nifty gained 42.90 points, or 0.36 per cent, to settle at 11,965.60.




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    Market benchmark Sensex and Nifty opened on a negative note on Tuesday led by losses in index-heavyweights Adani Group stocks, Infosys and Kotak Mahindra Bank amid weak global cues. The Sensex was down about 100 points while Nifty traded lower at 12,151.

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    The BSE benchmark Sensex gave up initial gains Friday and closed 169 points lower at 36,025.54 as shares of Maruti Suzuki cracked after weak Q3 earnings, offsetting gains in Yes Bank, HDFC, ITC and TCS. The 30-share index finished 169.56 points, or 0.47 per cent down at 36,025.54. In similar movement, the broader NSE Nifty ended 69.25 points, or 0.64 per cent, down at 10,780.55.

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    The benchmark BSE Sensex Monday plunged over 368 points to close at 35,656.70 due to across-the-board selling on the bourse as market sentiment turned volatile days ahead of the Union Budget, which is widely believed to have some populist announcements. The Sensex touched an intra-day high of 36,124.26 and low of 35,565.15. It finished 368.84 points, or 1.02 per cent, down at 35,656.70. While, the broader NSE Nifty touched a high of 10,804.45 during the day and fell to a low of 10,630.95. It finally ended 119, or 1.10 per cent, down at 10,661.55.

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    Extending losses for the second consecutive session, market benchmark BSE Sensex plunged 560 points Friday after the government thwarted hopes of a tax relief for FPIs. Led by a sell-off in auto and banking stocks, the 30-share index cracked 560.45 points or 1.44 per cent to settle at 38,337.01. It hit an intra-day low of 38,271.35 and a high of 39,058.73, swinging 787 points. Similarly, the broader NSE Nifty sank 177.65 points or 1.53 per cent to 11,419.25. During the day, the index hit a low of 11,399.30 and a high of 11,640.35.




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    Extending its gains for the third consecutive session, market benchmark BSE Sensex rallied about 292 points on Tuesday driven by gains mainly in auto, metal and banking stocks. After soaring 421 points during the day, the 30-share Sensex ended 291.62 points, or 0.76 per cent, higher at 38,506.09. It hit an intra-day high of 38,635.19 and a low of 38,238.27. The broader NSE Nifty too rose 87.15 points, or 0.77 per cent, to settle at 11,428.30.

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    Domestic equity market opened with gains on Tuesday, tracking firm cues from global peers, amid positive developemt on the US-China trade front. US President Donald Trump said on Monday he expected to sign a significant part of the trade deal with China “ahead of schedule” but did not elaborate on the timing. At around 9.40 am, BSE flagship Sensex was up 100 points to 39,350 while its NSE counterpart Nifty was trading with gains of 18 points at 11,645.

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