Page 12 - Bse Sensex

Benchmarks eke out slim gains; Nifty at new peak ahead of RBI decision

After scaling an all-time intra-day peak of 44,953.01, the 30-share BSE Sensex pared some gains to end 14.61 points or 0.03 per cent higher at 44,632.65

SpiceJet stock flies high on Boeing 737 MAX return, increasing air travel

Higher passenger traffic, load factors helped the stock gain 44 per cent in November

Sensex, Nifty end higher as banks return to gains after early sell-off

Gains among banking stocks have helped the main Nifty index rise over 19% so far this month

Sensex touches 43,000-mark for first time; NSE Nifty tops 12,600

Extending its winning streak for the seventh straight session, equity benchmark Sensex soared 680 points to scale another lifetime high on Tuesday, tracking a global market rally driven by Pfizer's COVID-19 vaccine trials data. After touching its lifetime peak of 43,316.44 during the day, the 30-share BSE index ended 680.22 points or 1.60 per cent higher at 43,277.65. The broader NSE Nifty too touched a fresh intra-day high of 12,643.90. It ended at 12,631.10, up 170.05 points or 1.36 per cent. Bajaj Finance was the top gainer in the Sensex pack, surging around 9 per cent, followed by IndusInd Bank, L&T, Bajaj Finserv, HDFC, SBI, ICICI Bank, HDFC Bank, ONGC and Axis Bank. On the other hand, Tech Mahindra, HCL Tech, Infosys, Nestle India, Sun Pharma and TCS closed in the red. "Announcements by BioNTech and Pfizer about successful phase 3 trial of COVID-19 vaccine instilled confidence among investors and possibility of sustained economic recovery led sharp buying in beaten down ...

Top headlines: Passenger vehicles sales dip; Finance Commission report out

The Bombay High Court refused to grant interim bail to TV journalist Arnab Goswami.

Markets in 'deep hole' as growth fears escalate; Sensex falls 1,115 points

FIIs pull out Rs 8,000 crore in 4 sessions

Contrasting tales: Economy is down, but markets have defied fears

In the past six months, Nifty has gained 52 per cent in rupee terms and 58 per cent in dollar value - making India one of the best-performing markets globally

Market sentiment to remain strong till Nifty stays above 10,750-10,800

The domestic market continued to trade weak amid a global sell-off triggered by concerns about rising Covid-19 cases and news reports on suspicious transactions involving international banks.

Larsen & Toubro hits over three-month low; stock declines 13% in one month

L&T sees prospects in the areas of government buildings, data centres, etc. It is uncertain, however, of the timelines when these projects will take off.

Global trends, F&O expiry, geo-politics to move stocks this week: Analysts

With no major macroeconomic domestic data to be announced this week, global trends, geo-political worries and F&O expiry on Thursday are likely to move stock markets this week, analysts said. Markets may witness volatility amid derivatives expiry on Thursday, they said. Benchmark index Sensex pared gains to close almost flat last week as the US Federal Reserve's guidance triggered a rout in global equities.The US Fed did not unveil any additional stimulus measures at its policy meet, even though it hinted at the key interest rate staying close to zero at least through 2023. Federal Reserve Chairman Jerome Powell also said the economic outlook is "highly uncertain", stoking fears of more pain in store for businesses. "Markets have been trading with uncertainty and the clear lack of direction to either side was visible in the last week's trades. Due to lack of any fresh triggers for the market, the current uncertainty is expected to continue. But any news with regards to the border .

Pidilite Industries: Investors advised to wait for better entry point

Focus on increasing share of premium products and on high growth segments is positive for earnings

Look past the near-term pain in IRCTC for its monopoly in Railways

While FY21 likely to be washout for IRCTC, the firm appears to have all the ingredients in place to see strong earnings growth over next 2-3 years, say analysts

HCL Tech surprises street with strong revenue outlook, robust deal book

Demand to improve as IT spending is expected to increase across sectors

Street signs: Derivatives unwinding scare, Sebi's FPI division, and more

Sebi has directed the NSE to divest its entire holding in CAMS. Once that happens, it remains to be seen if CAMS would later opt to list on the bigger exchange

Paint stocks' valuations dicey, investors should await better entry point

Gains from expected business recovery and benign input costs already priced in Asian Paints and Berger Paints' scrips

Brokerages likely to tap into clients' appetite for overseas trading

At least three major brokerages are looking at making such offerings available to their clients

Indiabulls Housing Finance up 3% after Q1 nos; other group stocks gain too

For the quarter under review, Indiabulls Housing Finance reported a 65.9 per cent fall in its consolidated net profit at Rs 272.84 crore

Market recovery fragile; unwise to go for risky gains: Motilal Oswal MD

Raamdeo Agrawal of Motilal Oswal Financial Services cautions the day the market realises that earnings won't come back in a hurry, they will go sideways, or may correct

Market Wrap, August 5: Here's all that happened in the markets today

BSE Sensex today ended 25 points or 0.07 per cent lower at 37,663 levels while NSE's Nifty settled at 11,102, up 6 points or 0.06 per cent

'Markets may remain volatile and directionless in next couple of months'

Some sectors like telecom, FMCG, select consumer durables, two-wheelers, IT, and select financials etc. are likely to recover faster, Jain said