Reversing a four-session slide, market benchmark Sensex surged over 665 points Thursday as investors piled into recently beaten down banking, auto, IT and FMCG stocks ahead of the Union Budget. The 30-share Sensex rallied 665.44 points, or 1.87 per cent, to close at 36,256.69. The broader Nifty soared 179.15 points, or 1.68 per cent, to 10,830.95..
Reversing a four-session slide, market benchmark Sensex surged over 665 points Thursday as investors piled into recently beaten down banking, auto, IT and FMCG stocks ahead of the Union Budget. The 30-share Sensex rallied 665.44 points, or 1.87 per cent, to close at 36,256.69. The broader Nifty soared 179.15 points, or 1.68 per cent, to 10,830.95.
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CLOSING BELL: Sensex stages 600-pt rebound on stimulus hopes, ends 228 pts higher; Nifty snaps 3-day losing streak to top 10,800
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Watch Sensex jumps 228 pts on stimulus hopes, Nifty tops 10,800 With HD Quality
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Benchmark indices darted up for the fifth straight session Wednesday on across-the-board buying amid expectations of a shift in RBI's policy stance. The BSE Sensex vaulted 358.42 points, or 0.98 per cent, to close at 36,975.23, while the broader NSE Nifty gained 128.10 points, or 1.17 per cent, to 11,062.45. Both the indices closed at five-month highs, led by financial services, IT and metal stocks, amid persistent foreign fund inflows.
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Equity benchmark indices staged a smart recovery during second half of trading on Thursday with the Nifty closing above 11,000 mark. The market rallied after reports suggested that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors (FPIs). The introduction of a surcharge on higher income brackets announced in the Budget by Finance Minister Nirmala Sitharaman has led to a brisk selloff by FPIs. At the closing bell, the BSE S&P Sensex was up 637 points or 1.74 per cent at 37,327 while the Nifty 50 edged higher by 177 points or 1.63 per cent to 11,032.
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Watch Sensex rallies 637 pts as govt may withdraw FPIs higher surcharge; Nifty reclaims 11,000-mark With HD Quality
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Domestic equity benchmark BSE Sensex dropped over 100 points in early session on Thursday, dragged by banking, energy and IT stocks, amid weak global cues. The 30-share BSE Sensex slumped 100 points to 36,470. The broader Nifty50 gave up the 10,800-mark and was hovering around 10,790 levels, down 50 points, or 0.5 per cent.
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Watch Sensex slips over 100 pts, Nifty tests 10,800; Vodafone Idea surges 15% With HD Quality
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Sensex rises 100 pts ahead of Budget; Nifty above 11,950; Quess jumps 5%, Eveready 3%.
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Watch Sensex reclaims 40,000 mark ahead of Budget; Nifty nears 12,000 With HD Quality
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The benchmark BSE Sensex surged on Thursday on strong global cues. The BSE Sensex opened up over 300 points and the Nifty 50 reclaimed 10,800, tracking positive trends in Asian stocks following the biggest rally in US stocks since 2009.At 09:18 AM, The benchmark BSE Sensex was trading 315 points, 0.88 per cent, higher at 35,964.42. NSE Nifty was trading up 87 points, or 0.81 per cent, at 10,817.00.
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Market benchmark indices BSE Sensex and NSE’s Nifty 50 surged on Monday on positive global cues, as December-quarter corporate earnings season begins this week. The benchmark BSE Sensex rose by 287.74 points, or 0.81 per cent to quote at 35,982.84, while the NSE Nifty climbed 84.90 points, or 0.79 per cent, to 10,812.25.
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Reversing a nine-session falling streak, the BSE Sensex rebounded 404 points Wednesday as investors snapped up recently hammered stocks amid optimism in global markets over the US-China trade talks. After a firm opening, the 30-share index stayed in the positive terrain throughout the session before finally finishing at 35,756.26, up 403.65 points, or 1.14 per cent. The broader NSE Nifty soared 131.10 points, or 1.24 per cent, to 10,735.45. In the past nine sessions, the Sensex had lost 1,622.62 points, while the Nifty cracked 465.05 points over eight trading days.
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Watch Sensex snaps 9-day losing streak, jumps 404 pts; Nifty reclaims 10,700 With HD Quality
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Sensex furthered its gains for the third straight session Wednesday, rising over 193 points to 36,636.10 on sustained buying mainly in finance, energy and metal counters. The Sensex started on a positive note at 36,544.86 in the morning and touched a high of 36,666.47 and low of 36,456.82 during the session. Intra-day, the index saw a movement of over 209 points. It finally settled the day at 36,636.10, higher by 193.56 points, or 0.53 per cent. The NSE Nifty opened at 11,024.85 and hit a high of 11,062.30 and low of 10,998.85 during the day. The index swung around 65 points during the trading session. It closed at 11,053, showing a rise of 65.55 points, or 0.60 per cent.
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Watch Sensex jumps 194 pts as crude oil cools, Nifty reclaims 11,000 With HD Quality
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