Wednesday, February 5

Tag: Gift Nifty

Sensex up 200pts; Adani stocks hold rally, HCLT top drag
5Dec By adminNo Comments
Business

Sensex up 200pts; Adani stocks hold rally, HCLT top drag

11:42 AMALERT :: AVG Logistics bags order worth Rs 150 crore from Indian Railways>> AVG Logistics Limited has secured acontract, valued at Rs 150 crore over 6 years, for lease of Parcel Cargo Express Train (PCET) from the Indian Railways.11:31 AMALERT :: Rama Steel initiates backward integration expansion for 40,000 MTPA>> This is to be done at its plant located at Khopoli, Maharashtra.>> The expansion is expected to be completed by the end of Q4FY25, post which commercial production will commence >> The total capex for this expansion will be Rs 30 crore11:11 AMALERT :: India Services PMI dips to 1-year low of 56.9 in November>> October Services PMI stood at 58.4 >> Composite PMI stood at 57.4 vs 58,4 MoM10:44 AMRealty sector's inventory surges to...
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Sensex up 100pts; IDBI dips 4%, Pharma stocks outperform
22Nov By adminNo Comments
Business

Sensex up 100pts; IDBI dips 4%, Pharma stocks outperform

Stock Market Live: Benchmark equity indices held small gains in Wednesday's trade, tracking subdued global markets after US FOMC minutes revealed that members favour a 'restrictive' policy for longer.  The BSE Sensex erased the opening losses and was up nearly 100 points at 66,050. The NSE Nifty50 held the 19,800-mark. Among the Sensex 30 shares, Tata Motors, Sun Pharma, Power Grid and NTPC held notable gains, while TCS, Kotak Bank and ICICI Bank were on slippery ground. Meanwhile, the BSE MidCap index was up 0.1 per cent, while the SmallCap index slipped 0.1 per cent.Among stocks, IDBI Bank dipped 4 per cent after the govt cancelled the bid process to select a asset valuer for its sale. 
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Sensex, Nifty listless; Asian Paints up 3%, SBI top drag
17Nov By adminNo Comments
Business

Sensex, Nifty listless; Asian Paints up 3%, SBI top drag

Stock Market Live: Equity benchmark indices opened lower on Friday as global markets came off the euphoric sentiment of the last few sessions. The BSE Sensex fell 150 points to 65,825 and the NSE Nifty50 slipped 48 points to 19,717. Nifty losses were led by SBI, Bajaj twins, Axis Bank and HDFC Bank, which declined up to 3 per cent, as RBI raised risk weight for consumer loans including credit cards. The RBI mandate sent SBI Card spiralling 6 per cent lower. Asian Paints rose 3 per cent after Macquarie said the company announced 1 per cent price cut effective Nov 1.   The broader markets were also tepid. The BSE MidCap index dipped 0.2 per cent and SmallCap pocket was flat. Among sectors, financials were the weakest with Nifty PSU Bank index slipping 2.44 per cen...
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Asian stocks, US futures dip; Crude oil holds $80
16Nov By adminNo Comments
Business

Asian stocks, US futures dip; Crude oil holds $80

Stock Market Live: After closing at four-week highs in the previous session, benchmark indices Sensex and Nifty could start in green on Thursday with tepid gains. At 7:30 am, the Gift Nifty futures were trading 27 points higher at 19,759. Producer prices in the US fell by 0.5 per cent in October marking the biggest monthly drop since April 2020. Retail sales dipped 0.1 per cent to mark the first such decline in 7 months, making the case for the Fed to wrap its rate hiking cycle.  The Dow Jones rose 0.47 per cent, the S&P 500 gained 0.16 per cent and the Nasdaq Composite added 0.07 per cent. However in Asia, most indices held slight losses. Nikkei, Hang Seng, S&P/ASX 200 dipped 0.2-0.3 per cent. Kospi was the sole gainer with a 0.14 per cent gain.  Back home, TCS will be...
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Sensex surges 600 pts; Realty index jumps 3%, IT pack 2%
15Nov By adminNo Comments
Business

Sensex surges 600 pts; Realty index jumps 3%, IT pack 2%

Stock Market Live: Propped up by slowing inflation in India and the US, domestic equity benchmark indices held sharp gains on Wednesday, taking cues from a global market rally. The BSE Sensex jumped 510 points to 65,413 and the NSE Nifty50 surged 150 points to 19,610.   All Sensex stocks were in green led by Infosys, Bajaj Finance, Tech M, Tata Steel, TCS and Tata Motors.Hindalco, meanwhile, led Nifty winners by rising 4 per cent after its consolidated revenue rose 2 per cent QoQ to Rs 54,100 crore.   The BSE MidCap and SmallCap indices rose by 0.66 per cent and nearly 1 per cent, respectively. All sectoral indices were also higher led by a 2 per cent gain in Nifty Realty. Nifty Bank, IT, Metal pockets rose over 1 per cent each.
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Sensex dips 300 pts, Nifty below 19,500; Eicher up 2%
13Nov By adminNo Comments
Business

Sensex dips 300 pts, Nifty below 19,500; Eicher up 2%

Opening Bell: Equity benchmark indices opened with cuts on Monday as investor focus shifted to the October CPI inflation data, slated for release after market hours today. The BSE Sensex fell 270 points to 64,988, and the NSE Nifty50 slipped 68 points to 19,450. All Sensex stocks opened lower led by losses in Infosys, Kotak Bank, Nestle, Bajaj Finance, Titan and Tata Motors. On the other hand, Eicher Motors, Coal India, BPCL, Divi's Lab and Hindalco defied weakness and held gains on the Nifty50.   Eicher, with 2.5 per cent gain, was the top Nifty performer after it posted a 55 per cent jump in its Q2 profit to Rs 1,016 crore, beating estimates on Friday.  The broader markets also edged lower. The BSE MidCap and SmallCap indices slipped by up to 0.44 per cent. All sectora...
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Dow gains 500 pts as Oil dips; Fed, BoJ policy in focus
31Oct By adminNo Comments
Business

Dow gains 500 pts as Oil dips; Fed, BoJ policy in focus

Stock market updates on October 31, 2023: Fronline indices are likely to extend the pullback in early deals on Tuesday following the sharp rally in the US market.  At 07:00 AM, Gift Nifty futures quoted at 19,235 as against Nifty50 close of 19,141 yesterday. Overnight the Wall Street ended with strong gains as crude oil prices dipped and yen rose to a two-week high versus dollar after reports suggested that the Bank of Japan was considering tweaking its yield curve control policy.  Brent Crude Oil prices tumbled over 3 per cent to $86.50-odd levels on Monday. Investors now await cues from the US Federal Reserve for its policy decision on Wednesday. Cues from the Asia-Pacific region were mixed. The S&P/ASX 200 and All Ordinaries were up 0.4 per cent...
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Asian shares defy Wall St selloff; US futures in green
27Oct By adminNo Comments
Business

Asian shares defy Wall St selloff; US futures in green

Stock Market Live: Benchmark indices Sensex and Nifty are eyeing a quiet start on Friday after plunging to four-month lows in the previous session. At 7:15 am, the Gift Nifty futures were nearly flat at 18,973.  Asian markets, however, held their ground this morning in an attempt to rebound from sharp losses previously. Nikkei, Hang Seng rose 0.9 and 0.7 per cent, respectively. S&P/ASX 200 and Kospi gained up to 0.44 per cent.  In the US after-market trade, Nasdaq futures were in green, up 0.7 per cent as Amazon rose 5 per cent on beating earnings expectations. S&P 500 futures gained 0.5 per cent, and Dow futures were up 0.3 per cent.  Back home, Q2 earnings of Reliance Industries, Maruti, Cipla, Dr Reddy's, SBI Cards, among others will be on radar. ...
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Sensex drops 350 pts, Nifty below 19200; PSBs defy trend
25Oct By adminNo Comments
Business

Sensex drops 350 pts, Nifty below 19200; PSBs defy trend

Stock Market Live: Equity benchmark indices erased all gains on Wednesday and edged lower in choppy trade around noon. The BSE Sensex fell 150 points to 64,428, and the NSE Nifty50 lost 41 points to 19,238. Tata Steel, JSW Steel, Nestle, SBI, HCL Tech and Ultratech Cement led gains on the Sensex, while Hindalco, Adani Enterprises and Adani Ports were the additional Nifty winners. On the flip side, NTPC, Power Grid, Infosys, HDFC Life and Bharti Airtel were among the top frontline drags. The broader markets turned flat after strong gains at the day's open. The BSE MidCap and SmallCap indices were down up to 0.07 per cent.  Delta Corp jumped 5 per cent after the Bombay HC directed DGGI Hyderabad to not pass final orders on Rs 16,195-crore tax notice against...
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