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Facebook stock rose 3% after Jio deal
The Facebook shares rose 3% in the post-hour advertise, because of India's monstrous oil-to-telecom declaration of a $5.7 billion interest in its Jio application by the internet based life monster.
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#Closing Updates: Equity benchmarks snapped two-day winning streak Thursday with the #Nifty closing below 8000 level amid consistent weakness in rupee and expiry of November derivative contracts. Continued disruption in Rajya Sabha by opposition parties over demonetization also dented market sentiment. The 30-share #BSE #Sensex was down 191.64 points or 0.74 percent at 25860.17 and the 50-share #NSE #Nifty slipped 67.80 points or 0.84 percent to 7965.50 while the broader markets outperformed benchmarks. The #BSE #Midcap and #Smallcap indices declined only 0.1 percent as the market breadth was positive. About 1350 shares advanced against 1205 declining shares on the exchange.
The BSE Sensex closed 113.57 points down at 28,220.98, while Nifty 50 index settled 25.20 points down at 8743. Midcap and Smallcap indices continued to outperform benchmark indices. The BSE Midcap and BSE Smallcap index closed 0.50 per cent and 0.62 per cent up at 13617.36 and 13290.03, respectively.
The market continued to consolidate in afternoon trade despite correction in global peers while the broader markets extended rally with the BSE Midcap and Smallcap indices rising 1.5 percent each.
The broader markets outperformed benchmarks in morning trade, with the BSE #Midcap and #Smallcap indices rising more than half a percent. The 30-share #BSE #Sensex gained 69.63 points at 31,165.33 and the 50-share #NSE #Nifty rose 17.65 points to 9,634.05. The market breadth remained strong as about two shares advanced for every share falling on the BSE. Sun Pharma was biggest #Gainer among Sensex stocks, up nearly 2 percent followed by ICICI Bank, HDFC, Maruti Suzuki, Lupin, L&T and HUL. TCS, Infosys, Tata Motors and ITC were under pressure.
Nifty and Sensex opens at a record high following cues of strong US market. Buying seen in almost all sectors, with Telecom and Metal Index pushing the indices upwards. PNB gains by 5.7% leading the Bank Index, while Dabur appreciates by 6.5%, giving strong push to FMCG sector. the S&P #BSE #Sensex is trading at 33,477, up by 264 points, while #NSE #Nifty is trading at 10,410 up by 75 points. The BSE #Midcap Index is trading up by 0.59% at 16,685.69, whereas BSE #Smallcap Index is trading up by 0.77% at 17,736.22. Bharti Airtel, SBI Bank, Tech Mahindra, Adani Sports, and Yes Bank are among the gainers, whereas Dr Reddy, TCS, Zee Entertainment, HCL, and Infratel are losing steam on NSE. Some buying seen in Finance, Telecom, Metal, and Capital Goods sectors on the BSE.
ClosingBell : Equity benchmarks closed rangebound session on a negative note Thursday with the Nifty ending below 8100 for the first time since June 27. Investors remained cautious about 2HFY17 growth after demonetisation. The 30-share BSE Sensex was down 71.07 points at 26227.62 and the 50-share NSE Nifty fell 31.65 points to 8079.95 while the broader markets were also under pressure. The BSE Midcap and Smallcap indices slipped 0.4 percent and 0.6 percent, respectively.
#Equity benchmarks continued to be volatile in morning trade as investors awaited May auto sales data due today. The 30-share #BSE #Sensex was up 23.73 points at 31,169.53 and the 50-share #NSE #Nifty gained 5.40 points at 9,626.65. The broader markets continued to outperform benchmarks for third consecutive session, with the BSE #Midcap and #Smallcap indices rising 0.5 percent and 0.8 percent, respectively. About two shares advanced for every share falling on the exchange. Mahindra & Mahindra, Hero Motocorp and Bajaj Auto gained a percent each ahead of auto sales data. Tata Motors, Maruti Suzuki and Escorts were flat with a positive bias.