Sensex up 55 points in opening trade on Asian cues

Mumbai: The standard BSE Senses improved over 55 points in premature deal on Monday on the back of new buying by funds and sell investors amid optimistic cues from other Asian markets.

The 30-share indicator rose by 55.08 points, or 0.21 percent, to 26,181.83 with stocks of healthcare, capital goods, banking, metal and power sectors foremost the mending.

The catalog had lost over 145.10 points in Friday assembly after FIIs and marital funds took some revenue in current outperformers.

Similarly, the National Stock Exchange directory ingenious inspired up by 9.45 points, or 0.12 percent, to 7,799.90.

Sensex up 149 points after RBI eases infra financing norms

Mumbai: The standard BSE Sensex gained over 149 points in premature deal on Wednesday on augmented buying by funds and vends investors after the RBI peaceful financing norms for transportation expansion and reasonable lodging.

The 30-share indicator gained 149.34 points, or 0.59 percent, to 25,377.99 with stocks of real estate, banking, and transportation sectors foremost the rise, brokers said.

In the earlier meeting, the catalog had gone up by 221.67 points.

The countrywide Stock Exchange guide Nifty traded advanced by 44.70 points, or 0.59 percent, at 7,571.35.

Brokers said sentiments buoyed after the RBI the recent past exempted long-term bonds from obligatory rigid norms like CRR and SLR if the money raised is used for support of communications and reasonable housing projects.

Stocks of DLF Ltd, Unitech, IDFC, SBI, Axis Bank and ICICI Bank, Mahindra and Mahindra, Reliance Industries, Infosys and Larsen and Toubro were major gainers.

Among other Asian markets, Japan's Nikkei rose by 0.02 percent, while Hong Kong's Hang Seng up 0.05 percent in early trade on Wednesday.

The US Dow Jones manufacturing regular ruined 0.03 percent higher in Tuesday's deal.

Sensex hits new record high of 22,812; Nifty at 6,827 in opening trade

The benchmark   BSE Sensex on Tuesday soared to a innovative evidence towering of 22,812.36 in breach trade on continued foreign capital inflows and tracking helpful familial cues together with vigorous commercial earnings.

BSE Sensex down in premature deal unpaid to profit-booking by resources investors

 
The standard BSE  Sensex was trading in unhelpful ground and was down over 62 points in premature deal on Monday subsequent profit-booking by funds and vend investors after earlier assembly gains among a weak leaning in other Asian markets.
At 10.42 am, Sensex was behind 9 points at 20691.75 all through the same time. equally, Nifty was losing 4.90 points at 6150.55 through the same time.
Brokers said in addition a weak tendency in the Asian province, profit-booking by participants prejudiced the trading response.

BSE Sensex up in morning trade on funds buying

The standard BSE Sensex recovered in daybreak deal and was trading over 50 points up on Tuesday on the back of discriminating buying by finances and retailers among a firming leaning on other Asian bourses.
At 10.34 am, Sensex was up 51.06 points at 20385.33. equally, Nifty was up 10.35 points at 6063.80 through the same time.
Brokers said in addition a firming tendency in the Asian section which is in line with suddenly gains in the US markets, prospect of enhanced industrial production (IIP) data for December, mostly triggered buying by rites and trade investors.
The 30-share indicator, which had lost 42.29 points on Monday, improved by 63.95 points, or 0.31 per cent, to 20,398.22, led by gains in auto, tech, shopper durables and wealth goods sector stocks.
On alike lines, the National Stock Exchange directory Nifty moved up by 15.45 points, or 0.26 per cent, to 6,068.90.
Among other Asian markets, Hong Kong's Hang Seng was up by 0.21 per cent in premature trade. Japan's markets are congested on Tuesday for a public holiday.
The US Dow Jones manufacturing normal broken 0.05 per cent  superior on Monday.

Sensex falls below 21k level to two-week low

 
A sudden gust of profit-booking after mid-session due to weak European cues triggered by fall in China's manufacturing index, washed out initial gains, pulling the benchmark S&P BSE Sensex down by a whopping 252 points to close below 21K-mark at two-week low of 20,888.33.

Recently favoured second-line counters also suffered heavy losses on profit-booking by wary retail investors. As a result, the S&P BSE-Midcap and S&P BSE-Smallcap indices ended down by 1.77 per cent  and 2.03 per cent , underperforming the sensex.

Selling was seen mostly across-the-board as 11 out of 12 sectoral indices closed in the red between 0.42 per cent and 3.07 per cent, with realty, capital goods, power, banking, FMCG, consumer durable, refinery and metal segments suffering the most while only IT index closed in positive terrain on the back of rise in Infosys, TCS and Wipro due to fall in the rupee value and improvement in US economy.

The BSE 30-share barometer resumed better and rallied further to nearly three-week high of 21,331.32, showing a rise of over 190 points due to better Asian trends.

However, it surrendered all of its early gains after mid-session as European markets too washed out initial rise and showed a weak trend in late afternoon deals, falling back to settle at two-week low of 20,888.33, exhibiting a drop of 252.15 points or 1.19 pct.

Similarly, the NSE 50-issue CNX Nifty also tumbled by 80.50 points or 1.28 pct to 6,221.15.

Marginal fall in India's manufacturing sector in December also weighed on the market. The HSBC India Manufacturing Purchasing Managers' Index (PMI) -a measure of factory production- dropped slightly from 51.3 in November to 50.7 in December, despite manufacturing sector activity expanded for the second consecutive month. A PMI reading of above 50 differentiates growth from contraction.

Asian stocks ended mixed after gauges of manufacturing in China declined. Indices from China, South Korea closed in the red while from Hong Kong, Singapore and Taiwan ended with minor gains and Japan market was closed on Thursday.

European markets capitulated their early gains and were trading lower in late morning deals. The CAC was down by 0.73 pct, the DAX by 0.63 pct and the FTSE by 0.41 pct.

Mr. Jignesh Chaudhary, Head Of Research, Veracity Broking Services said,"Indian markets today closed in Red due to selling pressure and profit booking in the blue chip shares, after trading strong for the better part of the day. There were more shares which declined led by biggies like L&T, NTPC, ITC and other Oil and banking sector stocks. A weak Rupee which reacted sharply to the poor manufacturing PMI data also put pressure in the market during its closing hours."

In all, 25 out of 30 sensex-based scrips closed with losses while others finished with gains. Major losers were BHEL 3.42 pct, Tata Power 3.27 pct, Coal India 3.05 pct, L&T 3.04 pct, Bharti Airtel 2.81 pct, ONGC 2.38 pct, Cipla 2.19 pct, NTPC 2.17 pct, ITC 2.08 pct, Icici Bank 2.03 pct, HUL 1.58 pct, RIL 1.50 pct, Axis Bank 1.47 pct, Tata Steel 1.31 pct, Gail India 1.31 pct, SBI 1.29 pct, HDFC Bank 1.23 pct, M&M 1.22 pct and SSLT 1.09 pct.

Among the S&P BSE sectoral indices Realty dropped by 3.07 pct followed by CG 2.84 pct, Power 2.09 pct, Bankex 1.82 pct, FMCG 1.74 pct, CD 1.73 pct, Oil&Gas 1.72 pct and Metal 1.49 pct.

The market breadth turned negative 1,564 stocks declined, 1,038 stocks gained while 129 stocks ruled steady. Total turnover rose to Rs 2,636.11 crs from Rs 1,441.17 crore on Wednesday.

BSE Sensex down in morning trade on profit booking

 
The BSE benchmark Sensex wiped off its Monday's gains and was trading over 20 points down in morning trade on Tuesday as funds and retail investors booked profits after recent gains.

At 10.16 am, Sensex was down 25.66 points at 20872.35. Similarly, Nifty was down 10.10 points at 6207.75 during the same time.

Brokers said besides profit-booking by participants, a mixed trend at the Asian markets, influenced the sentiment.

The 30-share barometer, which had gained 477.75 points in the previous three sessions, moved down by 49.42 points, or 0.24 per cent, to 20,848.59 in early trade, led by the weakness in banking, FMCG, realty and power sector stocks.

Similarly, the wide-based National Stock Exchange index Nifty, moved down 14.85 points, or 0.24 per cent, to 6,203.00.

In the Asian region, Nikkei at the Japan stock market, was trading 0.59 per cent higher, while Hong Kong's Hang Seng index shed 0.63 per cent in early trade on Tuesday.

The US Dow Jones Industrial Average ended 0.48 per cent down in Monday's trade.

BSE Sensex gains in morning trade on GDP data

 
The BSE benchmark Sensex continued its rising streak for the third straight day on Monday and was trading over 50 points up in morning trade on sustained buying by funds as the economy grew by a higher-than-expected 4.8 per cent in the September quarter amid a mixed trend at other Asian bourses.

At 10.06 am, Sensex was up 68.41 points at 20860.34. Similarly, Nifty was up 24.60 points at 6200.70 during the same time.

Brokers said sentiments buoyed after the economy grew by 4.8 per cent in the September quarter on an uptick in agriculture and factory output and a mixed trend in the Asian region.

The 30-share barometer surged 70.67 points, or 0.34 per cent, to 20,862.60 in early trade. The index had gained nearly 372 points in the previous two sessions.

Stocks of banking, realty, capital goods and healthcare sectors led the rally.

On similar lines, the National Stock Exchange index Nifty moved up by 24.55 points, or 0.40 per cent, to 6,200.65.

Among other Asian markets, Hong Kong's Hang Seng index rose by 0.23 per cent, while Japan's Nikkei shed 0.12 per cent in early trade on Monday.

Sensex drops over 100 points; Tech Mahindra up 4% post Q2 results

NEW DELHI: The S&P BSE Sensex slipped over 100 points in morning trade on Friday, weighed down by losses in realty, consumer durables, banks and power stocks. Tracking the muted momentum, the 50-share Nifty index was trading close to its crucial psychological support level of 6150 levels.

Tech Mahindra rallied as much as 3.78 per cent in morning trade after the IT major surprised analysts on Thursday by reporting better than anticipated revenue growth in dollar terms. Revenue came at $758 million increased by 4.7% sequentially, higher than the expectation of 2.7-3% increase.

At 09:20 a.m.; the 50-share index was at 6163, down 23 points or 0.38 per cent. It touched a high of 6,173.75 and a low of 6,139.85 in early trade today.

The S&P BSE Sensex was trading at 20,762, down 61 points or 0.3 per cent. It touched a high of 20,792.30 and a low of 20,645.64 in trade today.

The S&P BSE Midcap Index was down 1.07 per cent and BSE S&P Smallcap Index edged lower by 1.1 per cent.

Among the sectoral indices, the BSE Consumer Durable Index was down 1.03 per cent, followed by the S&P BSE Auto Index which dropped 0.68 per cent and the S&P BSE Capital Goods Index was trading 0.62 per cent.

The BSE IT index was trading 0.3 per cent higher, followed by the BSE Metal index which was up 0.29 per cent, BSE HealthCare index was trading flat with positive bias.

Tata SteelBSE 1.32 % (1.3 per cent), Wipro (0.9 per cent), Cipla (0.66 per cent), Infosys (0.47 per cent) and Sesa Goa (0.15 per cent) were among the major Sensex gainers.

Sun Pharma (1.78 per cent), ONGC (1.73 per cent), BHELBSE 0.86 % (1.34 per cent), GAIL (1.3 per cent) and Maruti SuzukiBSE -1.02 % (1.32 per cent) were among the index losers.

Asian shares slumped to a three-week low after U.S. stocks suffered their biggest fall in more than two months, weighed down by GDP data and surprise interest rate cut by the European Central Bank.

Japan's Nikkei 225 index was trading 0.9 per cent lower at 14,097.50 and Hong Kong's Hang Seng index was trading 0.4 per cent lower at 22,788.12.

South Korea's Kospi index was trading 0.3 per cent lower at 1,997. China's Shanghai index was trading 0.3 per cent lower at 2,122.

Rupee down 27 paise to Rs 61.79 against dollar in early trade

Extending its Monday's losses, the rupee lost 27 paise to Rs 61.79 against the US dollar in early trade on Tuesday on the Interbank Foreign Exchange due to appreciation of the Greenback against other overseas currencies.

Dealers attributed the fall in rupee to gains made by US dollar against the euro and other overseas currencies ahead of US jobs data and a lower opening in the domestic equity market.

Increased demand for the dollar from importers and banks also put pressure on the local currency.

The rupee weakened by 25 paise to close at Rs 61.52 against the dollar in Monday's trade on persistent demand from importers and banks as the US currency strengthened overseas.

Meanwhile, the BSE benchmark Sensex fell 31.74 points, or 0.15 per cent, to 20,862.15 in early trade on Tuesday.

BSE Sensex trades flat during pre-noon trade

The BSE benchmark index was trading flat and was down over 30 points in Tuesday's trade on selling pressure. At 12.17 pm, Sensex was down 32.51 points at 20861.38. Similarly, Nifty was down 9.35 points at 6195.60 during the same time.

Good buying was observed in IT, metal and public sector undertakings (PSU) sectors; while selling pressure was seen in fast moving consumer goods (FMCG) sector.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,863.15 points, was trading at 20,893.70 points in the early morning session, down 0.19 points or 0.00 percent from previous day's close at 20,893.89 points.

The Sensex touched a high of 20,948.91 points and a low of 20,849.78 points during trade so far.

The S&P BSE IT index gained 20,849.78 points, metal index inched up by 46.92 points and PSU index moved up by 39.65 points; however, FMCG index dipped by 12.80 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading down by 0.30 points or 0.00 percent at 6,204.65 points.

BSE Sensex fails to maintain initial gains, turns negative

 
New Delhi: The S&P BSE benchmark Sensex failed to maintain initial gains and was quoted lower in afternoon trade Monday on selling pressure mainly in consumer durables and IT counters.

The 30-share index opened higher at 20,915.76 and moved up to 20,970.92 on buying in capital goods, auto and realty shares on the back persistent capital inflows from foreign funds coupled with higher global cues.

However, it later dropped to 20,787.56 and was quoted at 20,810, showing a loss of 72.74 points, from its last weekend's level.

Similarly, the 50-share NSE benchmark Nifty moved lower by 7.70 points, to 6,182.

Foreign institutional investors (FIIs) bought shares worth Rs 1752.98 crore on last Friday, according to provisional data from the stock exchanges.

Asian markets rose as traders continued buying spree that began last week on bets that US Federal Reserve will continue its monetary stimulus for the world's largest economy.

Key benchmark indices in Singapore, Hong Kong, China, Indonesia and Japan rose between 0.1 percent and 1.13 percent, while indices in South Korea and Taiwan fell between 0.12 percent and 0.21 percent.

BSE Sensex up in morning trade on sustained buying, Jet Airways shares gain

The BSE benchmark Sensex continued its rising sreak and was trading over 100 points in morning trade on Friday on sustained buying by funds as well as retail investors, ignoring a weak trend on the other Asian boures.

At 10.38 am, Sensex was up 93.11 points at 19995.18. Similarly, Nifty was up 33.95 points at 5943.65 during the same time.

The 30-share index gained 60.89 points, or 0.31 per cent, to trade at 19,962.96 points in early trade with auto, consumer durables, IT and realty sector stocks leading the rise. It had rallied over 522 points in the past two sessions.

On the similar lines, the wide-based National Stock Exchange index Nifty moved up 12.00 points, or 0.20 per cent, to 5,921.70.

Brokers said sustained buying by funds as well as retail investors took place as the partial US government shutdown eased fears about the Federal Reserve tapering its monetary stimulus programme soon.

Stocks of Jet Airways turned buyers' fancy and shot up by 3.60 per cent to Rs 400.50 after the Union Cabinet on Thursday night cleared its proposed sale of 24 per cent equity to Abu Dhabi-based Etihad.

In the Asian region, the Japan's Nikkei fell 0.90 per cent, while Hong Kong's Hang Seng shed 0.72 per cent in early trade.

The US Dow Jones Industrial Average ended 0.90 per cent lower in Thursday's trade.

BSE Sensex edges higher; IT stocks lead

The BSE Sensex rose on Tuesday, led by gains in technology stocks including Tata Consultancy Services which rose tracking weakness in the rupee and as recent underperformance of the sector made short-term valuations attractive.
Tata Consultancy Services Ltd (TCS.NS) provisionally rose 2.2 percent, Infosys Ltd (INFY.NS) gained 0.8 percent, while Wipro Ltd (WIPR.NS) surged 4.9 percent.
The Sensex rose 0.34 percent, while the broader Nifty ended 0.18 percent higher after slipping below its 200-day moving average for a brief period earlier in the day.