New Delhi [India], Feb 1 : The market on Wednesday opened on a flattish note with the Budget day ahead.
The Sensex traded up 16.91 points at 27672.87 and the Nifty traded up 8.20 points at 8569.50.
Shares such as Lupin, SBI, Adani Ports, Hero Moto and Wipro were among the major gainers while ICICI Bank, Infosys, TCS and Sun Pharma were among the losers in the Sensex.
The Indian rupee gained in the opening trade. It opened higher by 22 paise at 67.65 per dollar against previous close 67.87.
With the final countdown of the Budget, all eyes today are on the Finance Minister Arun Jaitley, who is expected to project taxes and spending post demonetisation.
New Delhi [India], Jan 27 : The market on Friday opened February Futures and Options (F&O) series on a strong note with the Nifty above 8600. It traded up 22.05 points or 0.3 percent at 8624.80 while the Sensex traded up 122.76 points or 0.4 percent at 27830.90.
Shares such as GAIL, BHEL, ICICI Bank, TCS and Sun Pharma were top gainers while Wipro, Dr Reddy's Labs, Lupin and Tata Steel were losers in the Sensex.
The Indian rupee opened lower by 10 paise at 68.18 per dollar on Friday versus Wednesday's closing of 68.08.
According to the market analysts, the dollar index has recovered from seven week lows, so there is a possibility of the USD-INR to trade in a range of 68.05-68.25/dollar.
New Delhi [India], Jan 24 : The market on Tuesday opened flat with the Nifty above 8400. It traded up 23.65 points or 0.3 percent at 8415.15 while the Sensex traded up 73.91 points or 0.3 percent at 27191.25.
Shares such as GAIL, Adani Ports, HDFC Bank and SBI were among top gainers while Bharti, HUL, Infosys, Asian Painrs and Wipro were amongst the losers.
The Indian rupee opened higher by 12 paise at 68.08 per dollar on Tuesday against previous day's closing of 68.20 per dollar.
As per the market analysts, the rupee is likely to remain range bound within the range of Rs. 68-68.30 against the US dollar.
The dollar slumped to a seven-week low against a currency basket, weighed by concerns about the early days of Donald Trump's administration.
New Delhi [India], Jan 19 : The Bombay Stock Exchange (BSE) on Thursday announced its decision to delist 36 companies listed on its platform from January 20 as they have remained suspended for more than 13 years.
As per the circular released by the leading stock exchange, the step is in addition to over 250 firms already delisted by the exchange last year.
The securities of these firms have been under suspension for more than 13 years on account of non-compliance of various clauses of listing regulations.
"Trading-members of the exchange are hereby informed that 36 firms that have remained suspended for more than 13 years would be delisted from the platform of the exchange, with effect from January 20, 2017," read the BSE circular.
New Delhi [India], Jan 18 : The market on Wednesday opened higher amid the global uncertainty. The Sensex traded up 71.48 points or 0.3 percent at 27307.14 and the Nifty traded up 22.40 points or 0.3 percent at 8420.40.
Shares such as Tata Motors, HDFc, Axis Bank, Cipla and Tata Steel are top gainers while Coal India, ICICI Bank, Bajaj Auto, Lupin and HUL are losers in the Sensex.
The Indian rupee opened marginally higher at 67.93 per dollar on Wednesday versus previous close of 67.95 against the US dollar. The dollar fell to a four-week low, moving lower against all group of 10 currencies with sterling leading the charge.
After a soothing speech on Brexit from British Prime Minister Theresa May triggered the pound's largest one-day percentage gain since 2008.
New Delhi [India], Jan 12 : The market on Thursday opened higher with the Nifty nearing 8400 after US President-elect Donald Trump's speech did not give any specific policy details.
The Nifty traded up 10.35 points or 0.1 percent at 8391, while the Sensex traded up 49.61 points or 0.2 percent at 27190.02.
Shares such as Infosys, ONGC, Adani Ports, Tata Motors and Hero MotoCorp are top amongst the gainers while Dr Reddy's Labs, Sun Pharma, Lupin, Cipla and ITC are losers in the Sensex.
The Indian rupee gained in the early trade. It opened higher by 17 paise at 68.15 per dollar versus 68.32 Wednesday.
New Delhi [India], Nov 8 : Wednesday morning witnessed a situation of blood bath on Dalal Street as nervous investors welcomed triggers with US elections outcome around the corner as Donald Trump leads in the US elections.
Also, the market apprehensions are on the rise as it welcomed government's decision to withdraw Rs. 500 and Rs. 1000 notes in an attempt to curb black money.
The Sensex witnessed a crash of 1584.19 points or 5.7 percent at 26006.95, while the Nifty witnessed a downfall of 474.00 points or 5.6 percent at 8069.55.
The dollar tumbled against the yen and euro while the Mexican peso fell off a cliff as polling results in the knife-edge US presidential race pointed to a strong showing by property mogul Donald Trump.
Blackberry has been facing downward spiral in its sales and many stock market experts have presented negative rating for the stock due to shrinking market share. This year, BlackBerry needs to achieve its target of $500 million in software revenue. However, the question is how this target will be achieved. After BlackBerry's fiscal first-quarter report Tuesday, concerns of investors increased even more.
The company crossed Wall Street's targets in every area with the exception of key software category. The company managed to earn $137 million for the quarter, whereas analysts were expecting it to be nearly $83 million.
A proposal to increase authorized shares of capital stock from 170 million to 5 billion was approved by the company's investors in an annual meeting on Tuesday in Los Gatos.
Shareholders also approved non-binding proposals to elect board members annually. The proposal, which has now been approved by the investors, would offer stockholders with 3% or more of the stock for three continuous years to nominate up to 25% of the board members.
In April, Company's CEP Reed Hastings said that he has planned to propose a stock split to the board. According to him, a lower price would make the stock more accessible. At that time, Netflix said that it didn't have any plans to issue shares for mergers or to raise money.
Shares of Avon Products Inc have gone up as much as 20% after an apparently non-existent firm incorporated in a remote archipelago in the Indian Ocean has offered to buy the cosmetics company for around three times its market value.
In an official statement, Avon said that it had not received any such offer.
On Thursday, the purported acquirer said in a US Securities and Exchange Commission filing that it would pay $18.75 per share for Avon. The purported acquirer identified itself as PTG Capital Partners.
Shares of Avon peaked at $8 and have ended up 6% at $7.07 even after a number of traders have doubted the veracity of the offer. After news of the filing broke, about 69.5 million shares changed hands on the stock's busiest day since March 20.
Shares of Red Hat increased as much as 5% in after-hours trading. The shares of the company soared after it posted strong quarterly results, which beat past Wall Street's expectations.
About 2,971,552 shares were traded during trading session, marking 130% from the earlier session's volume.
Red Hat reported $0.43 EPS for the quarter and with this, it beat the Thomson Reuters consensus estimate of $0.41 by $0.02. The company had generated revenue of $464.00 million for the quarter, compared to the consensus prediction of $456.80 million. It posted $0.39 earnings per share during the same quarter in the previous year.
Red Hat CEO and President Jim Whitehurst said that the company strategy and its movement towards open hybrid cloud technologies led to strong results.
On Monday, shares of Eli Lilly increased 1.32% to $77.12 in afternoon trading. The shares rose after announcement made by the company that it would carry out late-stage studies with Pfizer (PFE) for their drug, tanezumab. The decision was taken by the company after the Food and Drug Administration decided to lift the partial hold on the trials of these kinds of drugs.
The FDA stopped testing of the chronic pain treatment and also on the ones, which work by blocking a protein called nerve growth factor on account of nervous system complications. Researchers observed these issues while testing the drugs on animals.
Asian stocks, on Monday, have seen a collapse while the dollar has stayed firm after strong US jobs data fanned expectations that the US Federal Reserve may increase the interest rates earlier than previously thought.
Stock markets across Asia, including Japan's Nikkei, Australia, Malaysia and Indonesia have declined largely, with 1.2% drop in MSCI's broadest index of Asia-Pacific shares outside Japan.
European stock markets were also expected to do likewise, with financial spread betters expecting Britain's FTSE 100 to open down 0.5%, Germany's DAX off 0.5%, and France's CAC 40 to ease 0.4 %.
According to the US non-farm payrolls (NFP) data released on Friday, the unemployment rate has hit a 6-1/2-year low of 5.5% in February.
iPhone and Mac giant Apple will be shortly added to the 30-stock Dow Jones Industrial Average index on March 19. The move will mean exit of AT&T from the index. In order to balance the impact of technology sector on the index, the Cupertino, California-based technology major Apple will be added.
The 119-year old stock market barometer has been holding AT&T for almost 100 years. AT&T has been kicked out of the index a few times in the past as well. AT&T has not commented on the move announced by the index manager S&P.
Dow Jones is currently hovering around its all time high and the current move to change AT&T by Apple won’t have a big impact on the index. Apple stock ended marginally higher at $126.6 on Friday.
American Eagle Outfitters (AEO) is among the apparel retailers in the United States who have struggled to drive store traffic over the last few years. On Wednesday, the clothing company reported its fourth quarter performance for fiscal year of 2014. The company has beaten the revenue expectations of analysts.
According to reports, the stock of the company has risen about 7.69% at $15.96 at the closing bell. The soared shares have surprised the market with good earnings in the fourth quarter. The company has posted revenue of about $1.07 billion, which was up by 3%. Earlier, analysts had predicted revenue of about $1.06 billion for the fourth quarter of 2014.
Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Saturday surged 213.71 points or 0.73 percent in the early session ahead of the Union Budget.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 56.85 points or 0.64 percent up at 8,901.45 points.
The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,411.33 points, was trading at 29,433.83 points (at 9.15 a. m.) in the early session, up 213.71 points or 0.73 percent from the previous day`s close at
The Sensex touched a high of 29,437.59 points and a low of 29,406.10 points in the trade so far.
All the sectors were trading in green. The rally was led by banking, capital goods and consumer durables sectors.--PTI
New Delhi, Feb. 28 - Markets witnessed a surge ahead of the presentation of the Union Budget 2015-16 as the Sensex shot up 250 points to reach 29476 and the Nifty was up 70 points at 8916.
The Sensex at the Bombay Stock Exchange had yesterday shot up 473 points to close at 29,220, a day before the presentation of the Union Budget.
The Nifty at the National Stock Exchange also surged 161 points, or 1.9 percent, to 8,845 on Friday.
Finance Minister Arun Jaitley is going to present his first full-year Budget in Parliament at 11 am today, seeking to put the country on a path of 7-8 percent growth over the next two years. (ANI)
Mumbai: The benchmark BSE Sensex rose over 228 points in early trade today amid a firming global trend and hopes of a growth-oriented Budget.
Further, covering-up of short positions by speculators ahead of tomorrow's monthly expiry in the derivatives segment, supported the upside.
Rising for the second straight session, the 30-share barometer spurted by 228.67 points, or 0.79 percent, to 29,233.33.
The index had gained 29.55 points in yesterday's session.
All sectoral indices, led by oil & gas, metal, realty and banking were trading in positive zone with gains up to 1.03 percent.
Similarly, the National Stock Exchange index Nifty was trading above the 8,800-mark by gaining 60.10 points, or 0.69 percent, to 8,822.20.
Mumbai: The benchmark BSE Sensex was trading above the 29,000-mark by rising over 79 points in early trade on Tuesday as participants made selective buying ahead of monthly expiry in the derivatives segment on Thursday and the Union Budget on Saturday.
The 30-share barometer gained 79.71 points, or 0.27 percent, to 29,054.82. The index had lost 487.16 points in the previous two sessions.
Sectoral indices led by realty, FMCG, consumer durables, capital goods and healthcare were trading in positive zone with gains up to 1.06 percent.
Similarly, the wide-based National Stock Exchange Nifty index edged higher by 13.10 points, or 0.15 percent, to 8,768.05.
Mumbai: Continuing its rising streak for the seventh straight session, the BSE Sensex rose 114 points and the NSE Nifty regained the 8,900-level in early trade Thursday as participants indulged in enlarging positions ahead of Budget.
The 30-share barometer spurted by 114.65 points, or 0.39 percent, to trade at 29,434.91 with consumer durables, realty, auto, oil & gas and banking sector stocks, leading the rise.
The gauge had rallied by 1,092.84 points in previous six sessions.
Similarly, the National Stock Exchange index Nifty regained the 8,900-mark after three weeks by rising 32.60 points, or 0.36 percent, to 8,901.70.