Overcoming a choppy start, the Sensex ended 138.59 points or 0.26 per cent higher at 52,975.80. On similar lines, the broader Nifty advanced 32 points or 0.20 per cent to finish at 15,856.05
Sectorally, the Nifty Bank index declined over 2 per cent, led by losses in HDFC Bank (down over 3 per cent)
After surging to its new all-time high of 53,290.81 in early trading, the Sensex ended 18.79 points, or 0.04 per cent, lower at 53,140.06
The mid- and small-cap indices meanwhile, outperformed and ended over 0.4 per cent higher each
HCL Tech (up over 5 per cent), L&T, Tech M, Hindalco, Wipro, UPL, HDFC Bank, and ITC were the top gainers
Equity gauges Sensex and Nifty firmed up gains on Wednesday as a result of intense buying mainly in IT shares amid expectations of robust quarterly earnings and favourable economic data. At close, the BSE Sensex quoted 134.32 points or 0.25 per cent higher at 52,904.05 recovering from its early losses to mark its second straight session of gains. Likewise, the broader NSE Nifty advanced 41.60 points or 0.26 per cent to end at 15,853.95 the third straight session of gains for the index. On the Sensex chart, top three performers were IT firms, with Tech Mahindra gaining the most by rising 2.69 per cent, followed by HCL Tech and Infosys. Other notable winners were L&T, Tata Steel, ITC and TCS. On the other hand, Maruti, HUL, Nestle India, Dr Reddy's and Reliance were among the laggards. Sectorally, BSE IT, teck, capital goods, healthcare, and metal indices ended up to 2.25 per cent higher, while realty, oil and gas, energy and auto indices closed in the red. Broader midcap and ...
In the primary market, the Rs 9,300-crore initial public offer (IPO) of Zomato was subscribed 57 per cent till 3:30 PM on the first day of the issue
ICICI Bank (up 2.7 per cent), HDFC, Axis Bank, Sun Pharma, and NTPC were the top gainers on the frontline S&P BSE Sensex
Propelled by this, the BSE SmallCap index hit a new high of 26,168 in the intraday trade on Monday, but closed at 26,068.
The broader markets, on the flipside, outperformed the benchmarks with the BSE MidCap and SmallCap indices rallying 0.40 per cent and 0.75 per cent, respectively
A depreciating rupee and lacklustre global cues further weighed on sentiment, traders said
After a range-bound trading through the day, the BSE Sensex ended 166.07 points or 0.32 per cent higher at 52,484.67
The 30-share BSE Sensex ended 164.11 points or 0.31 per cent lower at 52,318.60. Similarly, the broader NSE Nifty shed 41.50 points or 0.26 per cent to close at 15,680
The traders and investors are cautious of heavy profit booking in the indices. However, there aren't any major technical signals to support this view
A weakening rupee and the fiscal impact of the government's new stimulus measures also sapped risk appetite, traders said
With the markets trading at above fair valuations, investors should eschew risky bets
Global equities marched higher after US senators agreed on a bipartisan infrastructure deal, with investors wagering on more stimulus measures in the coming months
The Sensex rose 393 points, or 0.75 per cent, to end at 52,699, while the 50-share Nifty gained 104 points, or 0.7 per cent, to close at 15,790
On Friday, the benchmark S&P BSE Sensex tumbled as much as 722 points in intra-day deals
At the closing bell, the 30-share BSE index quoted 221.52 points or 0.42 per cent higher at 52,773.05