Stock Markets

Sensex, Nifty extend record-breaking spree on global cues

Mumbai - Extending their bull run for the seventh straight session, the BSE Sensex scaled another peak of 29,389.18 and the NSE Nifty breached the 8,800-mark for the first time in opening trade, driven by positive global cues triggered by European Central Bank's stimulus measures.

The benchmark BSE Sensex climbed 383.16 points, or 1.32 percent, to trade at a new high of 29,389.18, breaking its previous record of 29,060.41 (intra-day) touched in yesterday's trade.

The benchmark index had gained 1,659.20 points in the previous six sessions.

Sensex breaches 29,000-mark; Nifty hits new peak of 8,754

Mumbai - Continuing their record-setting spree for the third straight session, the benchmark BSE Sensex crossed the 29,000-mark for the first time and the NSE Nifty hit a new peak of 8,754.65 in opening trade today on robust fund inflows amidst a firming trend overseas.

Besides, optimism among funds and retail investors over encouraging Q3 earnings by bluechip companies, so far, also buoyed trading sentiments, brokers said.

The 30-share index crossed the landmark 29,000-level for the first time by surging 124.02 points, or 0.42 percent, to hit yet another high of 29,012.88, breaking its previous record of 28,958.10 (intra-day) touched yesterday.

SpiceJet shares tank over 8% on fresh financial worries

SpiceJetMumbai: Shares of SpiceJet Wednesday settled over 8 percent lower after Mumbai Airport asked the budget carrier to immediately pay the pending dues of Rs 5 crore and provide a bank guarantee of Rs 15 crore.

After falling 8.69 percent to Rs 21 in intra-day trade at the BSE, shares of SpiceJet ended 8.26 percent lower at Rs 21.10.

The company's market capitalisation fell by Rs 101.56 crore to Rs 1,129.44 crore.

On the volume front, 120 lakh shares of the company changed hands at the BSE during the day.

Sensex hits fresh peak of 28,939.92; Nifty at 8,730.45

Mumbai - The BSE Sensex continued its record-setting spree and breached 28,900-mark and the NSE Nifty touched a new peak of 8,730.45 in early trade on Wednesday on sustained fund inflows, driven by the encouraging corporate earnings coupled with pre-budget optimism among participants.

Rising for the fifth straight day, the 30-share index rose by 155.25 points, or 0.53 percent, to hit a new peak of 28,939.92.

The gauge had gained almost 1,438 points in previous four sessions to close at a record high at 28,784.67 in yesterday's session. It had also touched an intra-day lifetime high of 28,829.29 in the previous session.

Sensex extends gains, surge 112 points in early trade

Mumbai - Maintaining its winning streak for the fourth straight day, the benchmark BSE Sensex rose by another 112 points in early trade today on sustained buying by funds and retail investors amid a firming Asian trend.

The 30-share index, which gained over 915 points in the previous three sessions, rose by 112.16 points, or 0.40 percent, to 28,374.17.

All sectoral indices, led by metal and IT, were trading in the positive zone with gains up to 0.62 percent.

Also, the National Stock Exchange index Nifty was trading higher by 38.35 points, or 0.45 percent, to 8,589.05.

Sensex rises 145 points in early trade on fund inflows

Mumbai - The benchmark BSE Sensex on Monday rose by over 145 points in early trade, extending its winning streak for the third straight session on sustained overseas fund inflows and better-than-expected quarterly earnings.

Besides, a mixed trend at other Asian markets influenced trading sentiments here.

The 30-share index rose by 145.92 points, or 0.52 percent, to 28,267.81 points. The gauge had gained 775.07 points in the previous two sessions.

The wide-based Nifty of the National Stock Exchange moved up by 35.20 points, or 0.41 percent, to 8,549.00.

Sensex falls 120 points in early trade on profit-booking

Mumbai - After its biggest single-day rally in over 5 years in Thursday's trade, the benchmark BSE Sensex fell over 120 points to slip below the 28,000 level in early trade today on profit-booking by participants despite the country's trade deficit falling to a 10-month low in December.

Besides, discouraging third quarter earnings by TCS and a weak trend in global market also dampened the sentiments.

The 30-share barometer fell by 120.18 points, or 0.43 percent, to 27,955.37 with stocks of realty, oil & gas, IT, metal, banking, auto, and FMCG sectors declining the most.

Sensex zooms 600 points, Nifty above 8,400 on RBI rate cut

Mumbai - The benchmark BSE Sensex climbed over 600 points and the NSE Nifty regained the 8,400-mark in opening trade on Thursday as rate-sensitive stocks led rally after the RBI in a surprise move cut repo rate by 0.25 percent.

The 30-share index, which shed 238.45 points in the previous two sessions, rebounded by 600.77 points, or 2.19 percent, to trade at 27,947.59.

All the sectoral indices, led by banking and realty were trading in the positive terrain with gains up to 3.01 percent.

On similar lines, the National Stock Exchange index Nifty regained the psychological 8,400-mark by surging 176.05 points, or 2.12 percent to, 8,453.60.

Sensex up 85 pts in trade on encouraging IIP data

Mumbai - Rising for the fourth consecutive session, the benchmark BSE Sensex rose nearly 85 points in morning trade Tuesday, tracking improved industrial production figure at 3.8 percent for November amid mixed global cues.

However, the retail inflation moved up marginally to 5 percent in December.

The 30-share barometer moved up by 84.92 points, or 0.30 percent, to 27,670.19 with FMCG, healthcare, banking, capital goods, power and metal sector stocks leading the rally.

On similar lines, the National Stock Exchange index Nifty rose by 33.30 points, or 0.40 percent, to 8,356.30.

Market valuation: Top 6 Sensex firms lose Rs 52,781 crore

New Delhi - The combined market valuation of top six Sensex companies plunged by Rs 52,781 crore last week, with ICICI Bank and TCS taking the biggest hit.

Except, ONGC, Infosys, HDFC Bank and HUL, other six companies amongst the top 10 list including ITC, RIL and CIL suffered losses in market capitalisation (m-cap).

The m-cap of ICICI Bank fell by Rs 11,810.33 crore to Rs 1,98,130.31 crore, witnessing the biggest fall among the top 10 most valued Indian companies.

TCS saw its m-cap dropping by Rs 11,487.94 crore to Rs 4,92,071.64 crore, followed by SBI Rs 9,182.85 crore to Rs 2,26,435.62 crore and ITC Rs 9,154.77 crore to Rs 2,85,197.19 crore.

Sensex surges 226 points; Nifty regains 8,300-mark

Mumbai - The benchmark BSE Sensex spurted by over 226 points to 27,501.51 and the NSE Nifty regained the 8,300-mark in early trade on Friday on the back of gains in metal, healthcare and IT stocks amid a firming trend at other Asian markets.

The 30-share index, which had gained 365.89 points in the previous session, rallied by 226.80 points, or 0.83 percent, to 27,501.51.

All sectoral indices were trading in positive zone with gains up to 1.10 percent.

Also, the National Stock Exchange index Nifty reclaimed the 8,300-mark by jumping 68.70 points, or 0.83 percent, to 8,303.30.

Stability is returning back in stock market, say expert

Mumbai, Jan. 7 - The Market Expert Sunil Shah on Wednesday said that after a huge cut in the stock market yesterday, it seems like stability is returning back.

"After a huge cut yesterday, what we saw on capital stock markets of our country, today it seems like stability is returning back. As I am talking to you the BSE is in green, it is up by 45 points," Shah said.

"What we saw in the market is that even the Asian markets are also stable. There is no deep cut in any of the markets. I would say that stability is coming back to the global capital markets," he added.

Shah also said that the European market opening later in the day will also have a bearing on our markets.

Sensex regains 28,000-mark; Nifty above 8,400 level

Mumbai - The benchmark BSE Sensex reclaimed 28,000-level for the first time since December 9 and the NSE Nifty shot up by 22 points to trade above 8,400-mark in trade Monday on sustained fund inflows.

Rising for the seventh straight session, the 30-share index went past 28,000 mark after over three weeks by rising 122.45 points, or 0.44 percent, to 28,010.35.

The gauge had gained almost 680 points in the past six sessions.

All the sectoral indices, led by capital goods, metal and auto, were trading in positive zone with gains up to 1.18 percent.

On similar lines, the 50-share NSE Nifty gained 22.00 points, or 0.26 percent, to trade above the 8,400-level at 8,417.45.

Top nine Sensex cos add Rs 53,751.86 crore in market valuation

New Delhi - The combined market valuation of top nine Sensex companies surged by Rs 53,751.86 crore last week with TCS and HDFC emerging as the biggest gainers.

Barring RIL, rest of the nine companies, including ONGC, ITC, CIL, SBI and HDFC Bank saw rise in their market capitalisation (m-cap).

TCS' m-cap soared by Rs 12,800.28 crore to Rs 5,03,559.58 crore, the most among the top 10 most valued Indian firms.

HDFC added Rs 9,078.62 crore to Rs 1,84,213.31 crore in its valuation and that of Infosys surged by Rs 7,246.86 crore to Rs 2,31,239.16 crore.

Stock markets gain over 2% this week on hopes of more reforms

Mumbai - The benchmark BSE Sensex settled at a four-week high while NSE Nifty surged to near 8,400 levels this week on hopes of much-awaited sectoral reforms and encouraging manufacturing output data for December.

Only two-days of the week witnessed a tepid trading hindered by weak-sentiment over political uncertainty in Greece as well as liquidity drench following lack of major foreign funds inflow due to New Year holidays in most of the global market.

However, investors sentiments underpinned by optimism over the government growth oriented economic reforms, which was safeguarded by cabinet approval of taking ordinance route to acquire land in key sectors.

Sensex rallies over 325 points, Nifty reclaims 8,350 level

Mumbai - The benchmark BSE Sensex rallied over 325 points and Nifty reclaimed the 8,350 level in morning trade on across the board buying, led by banking, oil, metal and auto stocks.

Positive economic data amid hopes of more reforms fueled the buying by funds and retail investors, brokers said.

Stocks from midcap and smallcap companies also joined the rally along with key private financials like HDFC bank, ICICI and Axis Banks.

The Sensex resumed higher at 27,521.28 and surged to 27,832.60 points at 1100 hrs, a gain of 325.06 points or 1.18 percent over the previous close.

The 50-issue Nifty of NSE crossed the 8,300 level by rising over 95 points in morning trade.

Sensex begins New Year on a weak note

Mumbai - Stock markets opened on a subdued note on the first trading day of 2015 with the benchmark BSE Sensex falling by over 83 points in early trade on profit booking after recent gains.

The 30-share index which had gained 290.81 points in previous four straight sessions, fell 83.84 points, or 0.30 percent, to 27,415.58 in early trade Thursday.

Stocks of banking, oil & gas, metal, FMCG and power sector led the fall.

HDFC, HDFC Bank, ICICI Bank, Infosys, NTPC and Coal India fell up to 1.03 percent in early trade.

Reliance, Sesa Sterlite, Gail, Hindalco, Dr Reddy's were also among major losers.

Sensex gains 82 points to 27,478 in early trade

Mumbai - The benchmark BSE Sensex rose over 82 points in early trade on Tuesday on increased buying by funds and retail investors amid acceleration in economic reforms after the government recommended promulgation of an ordinance making significant changes in the Land Acquisition Act.

Rising for the third straight session, the BSE 30-share barometer rose by 82.57 points, or 0.30 percent, to 27,478.30.

The National Stock Exchange index Nifty also edged higher by 21.95 points, or 0.26 percent, to 8,268.25.

Brokers said sentiments remained firm over optimism on the growth front and the government's resolve to use the ordinance route to push more economic reforms.

Sensex snaps two-session losing streak; gains 102 points to 27,311

Mumbai - Snapping its two-session losing streak, the benchmark BSE Sensex recovered over 102 points to 27,311 in early trade on Friday as the January series in derivatives segment commenced on fresh buying by participants.

The 30-share index, which had lost 493.18 points in the previous two sessions, rose by 102.83 points, or 0.38 percent, to trade at 27,311.44 with power, capital goods, infrastructure, banking and metal sector stocks leading the rise.

On similar lines, the National Stock Exchange index Nifty surged by 44.85 points, or 0.55 percent, to 8,218.95.

Sensex gains over 6,000 pts; gears for best rally in 5 years

Mumbai - Riding high on the sentiments, the stock market is gearing up for its best performance in five years with a rally of over 6,000 points in the benchmark Sensex in 2014 -- which also saw the investors' wealth hitting Rs 100 trillion level for the first time in history.

With just four days of trading left this year, the Sensex has rallied by nearly 29 percent so far in 2014 with a gain of 6,038 points -- the highest annual gain since the year 2009 when the bluechip index had rallied by 7,817 points.



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