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Equity benchmarks as well as broader markets continued to hold early gains with the Sensex rising over 100 points, led by oil, banks and auto stocks. The 30-share BSE Sensex was up 126.06 points at 26852.61 and the 50-share NSE Nifty rose 39.40 points to 8275.45 while the BSE Midcap and Smallcap indices gained half a percent each. The market breadth was positive as about two shares advanced for every share falling on the exchange. Reliance Industries, Tata Motors, ICICI Bank, ONGC, Adani Ports and Tata Steel gained more than 1 percent whereas Axis Bank, TCS, Sun Pharma and Bharti Airtel were moderately lower. For Daily Market Updates, Please Like our Facebook Page www.facebook.com/pinnacleadvisoryindore/
Nifty and Sensex open in the red opposing the positive trend of the US markets. Metal, Telecom and Oil & Gas sectors lose steam, causing the market to open on a negative note, while Pharma sector gains with Aurobindo Pharma appreciating by nearly 2% in the early trading hours. The S&P #BSE #Sensex is trading at 33,652, down by 32 points, while #NSE #Nifty is trading at 10,438 down by 14 points. The BSE #Midcap Index is trading up by 0.37% at 16,774.24 whereas BSE #Smallcap Index is trading up by 0.42% at 17,930.46. Infratel, Mahindra & Mahindra, Aurobindo Pharma, Indiabulls Housing Finance, and Adani Ports are among the gainers, whereas Hindalco, Bharti Airtel, Vedanta Ltd, HPCL, and BPCL are losing steam on NSE. Some buying seen in FMCG, Healthcare, Industrials, and Consumer Durables sectors, whereas Basic Materials, Telecom, Metals, and Oil & Gas sectors show weakness on the BSE
Closing Bell : Short covering and positive global cues helped the BSE Sensex snap six-day losing streak and the Nifty close above 8000 level on Tuesday after volatility. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising more than 1.1 percent. Commodities also bounced back after fall in dollar. The 30-share BSE Sensex was up 195.64 points at 25960.78 and the 50-share NSE Nifty climbed 73.20 points to 8002.30. The market breadth also turned positive as about 1475 shares advanced against 1083 declining shares on the BSE. Investors continued to avoid pumping in fresh money into markets due to demonetisation concerns and strengthening dollar. They maintained cautious stance ahead of Federal Reserve's policy meeting in next month.
Despite signals from international markets are getting slower onset of Sensex and Nifty has strongly . Sensex 's 0.40 % . Midcap and Smallcap stocks in today's business continues shopping . NSE index of all but the media and pharma sector indices are trading in green . Currently, the BSE benchmark index gained 100 points at 28304.48 levels . However, the Nifty is at 8550 levels. Market experts say that the market does hold some key levels might seem and that the level of 8500 will be to start today.
The S&P #BSE #Sensex is trading at 31,638 down 170 points, while #Nifty is trading at 9,898 down 53 points. A total of 42 stocks registered a fresh 52-week high in trade today, while nine stocks touched a new 52-week low on the NSE. The BSE #Midcap Index is trading down 0.20% at 15,646 while BSE #Smallcap Index is trading down 0.14% at 16,170 levels. Some buying activity is seen in Energy and Utilities sectors, while Auto, FMCG, Healthcare indices are showing weakness on BSE. Gail, Reliance and Indiabulls Housing Finance are among the gainers while Sun Pharma, ITC and Tata Motors DVR are losing on the #NSE. For Daily Market Updates, Please Follw us on Linkedin www.linkedin.com/company/pinnacle-market-investment-advis...
Opening Bell : Benchmark indices remained rangebound in morning with the Nifty hovering around 8250 level as all eyes are on quarterly earnings that will kick start this week with Infosys, TCS and IndusInd Bank. The 30-share BSE Sensex was down 19.82 points at 26739.41 and the 50-share NSE Nifty fell 4.85 points to 8238.95 while the broader markets outperformed benchmarks. The BSE Midcap and Smallcap indices gained 0.3 percent each on positive breadth. About two shares advanced for every share falling on the BSE. Technology stocks decline further after losing 3 percent last week after the re-introduction of H1B Visa Reform Bill in the US Congress. Infosys, Wipro, HCL Technologies and TCS were down 0.4-1 percent.
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#ClosingBell: #Equity Benchmark indices closed flat with a positive bias but broader markets continued to outperform for the second consecutive session. The 30-share #BSE #Sensex was up 13.91 points at 28240.52 and the 50-share #NSE #Nifty gained 6.70 points at 8740.95 while the BSE #Midcap and #Smallcap indices gained 0.6 percent and 1 percent, respectively. About 1635 shares advanced against 1173 declining shares on the BSE. Bank of Baroda, Tech Mahindra, Cipla, BHEL, Bharti Infratel, SBI, Coal India and Dr Reddy's Labs surged 1.6-5 percent while Tata Motors, ICICI Bank, Tata Steel, Reliance Industries and HDFC were under pressure.
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BSE Sensex closed 4.67 points up at 27,990.21, while Nifty 50 index settled 3.45 points up at 8,632.60 after a volatile trade. However, the BSE Midcap index and BSE Smallcap index closed down by 0.28 per cent and 0.07 per cent at 12945.30 and 12433.78, respectively. In the 30-share index, Infosys, TCS, Asian Paints, Bharti Airtel and Gail gained 2.23 per cent, 2.03 per cent, 0.99 per cent, 0.96 per cent and 0.80 per cent. For more updates..Like our Face book Page Pinnacle Financial Services
The S&P #BSE #Sensex is trading at 31,915 down 98 points, while #NSE #Nifty is trading at 9,953 down 25 points. A total of 15 stocks registered a fresh 52-week high in trade today, while 64 stocks touched a new 52-week low on the NSE. The BSE #Midcap Index is trading down 0.46% at 15,342, whereas BSE #Smallcap Index is trading down 0.54% at 15,817. Some buying activity is seen in Energy, IT and Metal while Finance, Telecom, Auto are showing weakness on BSE. Hindalco, IOC, Vedanta, NTPC, State Bank of India are among the gainers, while Aurobindo Pharma, Sun Pharma, Dr Reddy’s, ICICI Bank and Tata Motors are losing sheen on NSE in the first trading hour.
The S&P #BSE #Sensex is trading at 32,291 up 62 points, while #Nifty is trading at 9985 up 20 points. A total of 45 stocks registered a fresh 52-week high in trade today, while 13 stocks touched a new 52-week low on the #NSE. The BSE #Midcap Index is trading up 0.47% at 15,384 while BSE #Smallcap Index is trading up 0.58% at 16,147. All sectorial indices on BSE are trading on positive territory excluding BSE Teck index. Vedanta, Tata Steel and Eicher Motors are among the gainers while Bharti Infratel, Axis Bank and Asian Paints are losing on the NSE.
The market remained in a consolidation mode ahead of January-March quarter earnings that will be kicked off with TCS and IndusInd Bank numbers on April 16. The Sensex rose 19.64 points to 28899.02 while the Nifty declined 1.25 points to 8779.10.
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