HCL Tech (up over 5 per cent), L&T, Tech M, Hindalco, Wipro, UPL, HDFC Bank, and ITC were the top gainers
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
The broader markets, on the flipside, settled about half a per cent higher.
Sectorally, all but IT index closed in the red with the Nifty Metal and PSU Bank indices leading the list of losers, down over 2 per cent each
Realty and metal indices rose 2 per cent each while auto index ended in the red
In the broader markets, the BSE MidCap index settled 0.12 per cent higher while the BSE SmallCap index closed 0.26 per cent lower
Sectorally, all, except the IT and Pharma indices, ended in the green. Of these, the Nifty Realty index was the top gainer, up nearly 3 per cent.
Equity benchmark indices traded over half a per cent higher during early hours on Monday amid favourable global cues.At 10:15 am, the BSE S & P Sensex was up by 296 points or 0.56 per cent at 52,781 and the Nifty 50 ticked higher by 82 points or 0.52 per cent to 15,804.All sectoral indices at the National Stock Exchange were in the positive terrain with Nifty realty gaining by 1.6 per cent, private bank by 0.9 per cent and FMCG by 0.6 per cent.Among stocks, Eicher Motors gained by 1.7 per cent to Rs 2,706 per share. The other which added gains were Larsen & Toubro, Bajaj Auto, Hindalco, HDFC Bank and Grasim.However, those which lost marginally were HDFC Life, Tech Mahindra, Titan, Dr Reddy's, Cipla and Wipro.Meanwhile, most Asian stocks gained, extending the rally that took global equities to a record high after a US jobs report signalled the economic recovery remained intact.Japanese markets, however, bucked the trend with the Nikkei falling 0.5 per cent following a surge ..
Sectorally, the Nifty Pharma index was the top gainer, up 0.6 per cent, followed by the Nifty Bank index, up 0.4 per cent
Despite an overall slowed down momentum in the markets, investors rewarded auto stocks as the June sales figures showed healthy year-on-year recovery
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
Sectorally, all but the Nifty IT index ended 0.6 per cent higher. All other indices settled lower with the Nifty Media index down 0.8 per cent and the Nifty Bank index down 0.7 per cent
HSBC said on Tuesday that the valuation of Indian stock market has become a concern now after a sharp run up from their March 2020 low
Among notable steps, FM Sitharaman announced Rs 1.1-trillion loan guarantee for Covid-affected sectors. Health sector, she said, will receive attention for scaling up infrastructure on cities and town
With the markets trading at above fair valuations, investors should eschew risky bets
In the broader market, the BSE MidCap and SmallCap indices advanced 1 per cent and 0.4 per cent, respectively
The Nifty sectoral indices were mixed, with the Nifty IT index, up 2.79 per cent, leading the gainers, while the Nifty PSU Bank index, down 1.4 per cent, bled the most
In the mid-, and small-cap segment, PNB Housing Finance, Central Bank of India, United Breweries, Adani Enterprises, PNB Gilts, Dhanlaxmi Bank, and Indian Overseas Bank dragged the broader markets
Retail participation in the stock market, the report said, increased during the pandemic, especially in the second half of fiscal 2021-22
Maruti Suzuki, up 5 per cent, on the NSE was the biggest gainer on the Nifty today after the company decided to hike vehicle prices in the July-September quarter (Q2FY22) to pass on higher input costs