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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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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OPENING BELL: Sensex gains 50 pts, Nifty nears 11,300; ICICI Bank jumps 3%
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After falling for four straight sessions in a row, the BSE Sensex rebounded over 250 points ahead of RBI policy outcome in opening trade on Friday, led by gains in bank stocks. Likewise, the NSE gauge Nifty rose about 70 points in opening deals. All eyes are now set on the Reserve Bank of India’s monetary policy review, where the central bank is widely expected to cut repo rates. The 30-share Sensex recovered 255.45 points or 0.67 per cent to trade at 38,362.32. While the broader Nifty was up 72.30.30 points or 0.64 per cent at 11,386.30 in opening trade.
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Clossing Bell: Sensex snaps 2-day losing streak, gains 86 pts; Nifty above 11,850; Infibeam surges 6%, Eros dives 15%
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Clossing Bell: Sensex snaps 2-day losing streak, gains 86 pts; Nifty above 11,850; Infibeam surges 6%, Eros dives 15%
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Equity benchmarks Sensex and Nifty nudged higher in opening deals on Friday as investors looked beyond domestic factors to focus on positive global sentiment. The BSE gauge Sensex moved 103.13 points higher to trade at 40,882.72 in opening deals; while the NSE barometer Nifty added 22.50 points to 12,040.90. On Thursday, The RBI unexpectedly kept benchmark interest rate unchanged at 5.15 per cent and reverse repo rate at 4.90 per cent on concerns of headline inflation breaching its medium-term target.
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Sensex, Nifty flat in a thin trade; Jet Airways gains 5%, YES Bank 2%.
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The domestic equity benchmark BSE Sensex was trading 173.41 points up at 35,765.91 on account of buying in frontline bluechip counters. The Nifty 50 index was trading 42.55 points up at 10,694.75.
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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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Sensex rises 127 pts to end FY19 with 17% gain; Nifty tops 10,600; Vedanta, M&M jump 3% each
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