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Equity benchmark indices rallied in early trade on Thursday, extending their winning run for the fourth day running, amid positive global market trends and fresh foreign fund inflows
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Sensex and Nifty closed flat after a volatile trade on Tuesday as investors booked profits amid concerns over potential rate hikes in the US and persistent foreign fund outflows
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Nifty ended higher on Monday aided by buying across metals, power and IT stocks, Deepak Jasani, Head of Retail Research, HDFC Securities
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Equity benchmark indices Sensex and Nifty closed higher on Monday after two days of decline, supported by buying in index majors Infosys, ITC and Bajaj Finance
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UltraTech Cement was the biggest gainer in the Sensex pack, rising 2.43 per cent, followed by NTPC, Tata Motors, Infosys, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Maruti, Wipro and SBI were the major gainers.
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Global headwinds are from the rising dollar index at 103.23 and spiking U.S. bond yields, he said. Consequently, FIIs are selling, taking their cash market sell figure in August, till 15th, to Rs 9,867 crore.
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Equity benchmark indices Sensex and Nifty bounced back from intra-day lows to settle in positive territory on Monday
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The trend in the domestic market remained weak post the RBI monetary policy and the unexpected announcement of reducing cash in the banking system
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The stock market on Tuesday witnessed a day of fluctuating trends as market indices closed in the red, reflecting a mixed bag
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Equity benchmark indices Sensex and Nifty snapped their three-session losing streak to close nearly 1 per cent higher on Friday.
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Bouncing back from a three-day decline, the 30-share BSE Sensex climbed 300.1 points to 65,540.78 in early trade. The NSE Nifty advanced 105.9 points to 19,487.55.
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Losses in ICICI Bank and HDFC Bank also added to the ongoing weak trend in the benchmark indices
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V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said "The resilience of the mother market US, where the rally is spreading to the broader market, is supporting global markets."
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Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares
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Extending its previous day's fall, the 30-share BSE Sensex went lower by 204.84 points to 66,061.98. The NSE Nifty declined 60.35 points to 19,599.55.
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Indian stock market indices closed in the red on Thursday in a volatile trading session
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Indices are expected to stay in the positive territory after the US Federal Reserve's move on interest rate hike came in on expected lines, traders said.
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The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.
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Some investors who recently accumulated gains were apparently booking their profits.
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Foreign fund outflows and elevated levels of crude oil prices also weighed on investor sentiment, traders said