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Sensex rebounded 329 points on Monday as IT and auto stocks led gains, driven by global optimism and hopes of a US Federal Reserve rate cut. Nifty rose 98 points, while midcap and smallcap indices showed mixed performance
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Benchmark indices rose in early trade, boosted by IT stock buying and global markets reacting to a potential US Federal Reserve rate cut. Sensex and Nifty gained, while Asian and US markets showed positive trends amid investor optimism.
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Following a lacklustre opening, the 30-share BSE benchmark Sensex recovered and rose by 219.05 points to reach 81,171.04, while the NSE Nifty advanced 111.2 points to 24,720.90.
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Investor sentiment was further buoyed by strong buying in blue-chip IT stocks. In early trade, the 30-share BSE Sensex surged 658.96 points to 80,254.55, while the NSE Nifty climbed 192.05 points to 24,359.30.
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The 30-share BSE benchmark Sensex dropped 362 points to 76,682.29 in early trade, while the NSE Nifty slipped 129.75 points to 23,307.45. Among the major laggards from the Sensex pack were HCL Tech, Tata Steel, Tech Mahindra, Tata Consultancy Services, Larsen & Toubro, and Titan.
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The 30-share BSE Sensex climbed 478.13 points to reach 75,927.18 in early trade, while the NSE Nifty advanced 149.1 points to 23,056.70. Among the top gainers from the Sensex pack were Infosys, Tata Consultancy Services, Bharti Airtel, HCL Tech, Zomato, Tech Mahindra, Titan, and Mahindra & Mahindra.
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Analysts say markets preparing to move into the New Year with caution due to high uncertainty
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The BSE Sensex dropped 156.72 points to 77,423.59 in early trade, while the NSE Nifty fell 64.25 points to 23,468.45. Key laggards from the 30-share Sensex included Infosys, Tech Mahindra, HCL Technologies, TCS, NTPC, Axis Bank, Tata Motors, and IndusInd Bank.
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Purchases in banking and IT stocks contributed to the positive market trend. The 30-share BSE Sensex rose by 123.45 points, or 0.15%, to reach 81,758.26 in early trade. Meanwhile, the NSE increased by 39.65 points, or 0.16%, to 25,052.80.
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New foreign fund inflows further boosted market optimism. In early trading, the BSE Sensex rose by 129.91 points to reach a record high of 85,966.03, while the NSE Nifty increased by 61.3 points, hitting an all-time peak of 26,277.35.
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The BSE Sensex surged 202.3 points to an all-time high of 85,372.17 in early trade, while the NSE Nifty rose 51.85 points, reaching a new record of 26,056. Among the 30 Sensex firms, the biggest gainers included Maruti, Nestle, Tata Motors, Infosys, Tech Mahindra, HCL Technologies, Bajaj Finserv, Tata Consultancy Services, ITC, and Bharti Airtel.
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Market analysts are anticipating insights from US Federal Reserve Chair Jerome Powell's remarks at the Jackson Hole Symposium. The 30-share BSE Sensex opened 37.32 points, or 0.05%, higher at 81,090.51, while the NSE Nifty rose by 18.25 points to 24,829.75.
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Equity benchmark indices Sensex and Nifty surged in early trade on Friday, driven by a global market rally and strong buying in IT stocks and Reliance Industries. The 30-share BSE Sensex climbed 805.96 points to 79,911.84, while the NSE Nifty rose 252.05 points to 24,395.80.
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Sensex jumps 379.68 points to hit a record peak of 79,855.87, Nifty climbs 94.4 points to reach lifetime high of 24,236.35
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Nifty witnessed minor profit booking and fell more than 100 points from day's high of 19726.
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Among other frontline stocks, Tech Mahindra rallied 4.51 per cent, Infosys climbed 4.40 per cent, HCL Technologies gained 3.80 per cent and Wipro advanced 2.69 per cent
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The 30-share index was trading 34.28 points or 0.05 per cent lower at 62,592.08 in early deals. Similarly, the Nifty slipped 14.55 points or 0.08 per cent to 18,628.20, mirroring sluggish investor sentiment in global markets.
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Mumbai: Equity indices jumped on Friday continuing their previous day rally, with the Sensex climbing 566 points in early trade, helped by buying in index heavyweight Reliance Industries and IT stocks amid firm global trends. The 30-share BSE Sensex was trading 565.66 points higher at 56,383.77. The broader NSE Nifty jumped 159.85 points to 16,787.85. […]
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Mumbai: The Indian stock market’s benchmark Sensex fell 786.31 points on Friday dragged by heavy selling pressure in the realty and Information Technology stocks. The 30 stock S&P BSE Sensex was trading 786.31 points or 1.41 per cent down at 54,915.92 points at 10:00 am. The broader Nifty 50 of the National Stock Exchange was […]
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Vinod Nair, Head of Research at Geojit Financial Services stated that Indian markets witnessed a highly volatile trade due to weak global market and reports of Indo-China border tension.