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Equities steady in morning session, ONGC top gainer
Thursday's decline was due to profit booking by investors after sizable gains earlier in the week. At 09.37 a.m., Sensex traded at 58,790 points, Nifty at 17,565 points, both largely steady from the previous close. The ONGC, Tata Steel, Hindalo, JSW Steel, and Grasim Industries were among the top gainers, while Titan, Hero Motocorp, Tata Consumers, Eicher Motors, and Bajaj Auto were the top losers, NSE data showed.
Equity settles in red, Nifty IT top losers; sugar stocks gain
Among the sectoral indices, Nifty IT, realty and financial services tanked the most on Thursday, while Nifty auto and consumer durable traded in the green, the NSE data showed. On the specific stocks front, HDFC, ONGC, SBI Life, Grasim Industries, Infosys were the top losers, while Hero Motocorp, Bajaj Auto, Divi's Labs, Maruti Suzuki, and ITC the top runners.
Budget FY23, global cues lift equity indices; realty stocks jump
The Sensex closed the day's session at 59,558.33 points, up by 695.76 points or 1.18 per cent from its previous close. Similarly, Nifty made gains on Wednesday, rising by 203.15 points or 1.16 per cent to 17,780 points. Globally, markets seem set for their biggest four-day rally since November 2020 as companies from the US to Europe reported better-than-expected earnings while dip-buying returned to technology shares.
Banking indices outperform broader markets, rise 10-20% in Jan
In the past one-month period, Nifty bank index rose nearly 11 per cent to 39,330 points. Just on Wednesday, it gained over 2 per cent. "Payment activity continues to be strong. Loan growth saw some signs of revival as it climbed up to 8 per cent YoY led by retail and MSMEs. The interest rate environment seems to be turning, accompanied by a narrowing of term spreads and credit spreads," said brokerage house Kotak Securities.
Fiscal Push: Budget FY23, value buying lift equity indices
Initially, the domestic equity market opened higher and remained in the green without any major correction. Globally, shares rose in Europe on Wednesday as investor sentiment continued to steady after a rout last month. Amongst sectors Realty, Consumer Durables, Banks, IT and healthcare indices rose the most. Consequently, the Sensex closed at 59,558.33 points, up by 695.76 points or 1.18 per cent.
Markets cheer higher capex outlay; Sensex rises over 800 pts
Initially, the market opened gap up, rose in the early part of the day's trade but fell sharply post the Budget speech. Nevertheless, it recovered to close to intra-day high. At the end of the day, Sensex settled at 58,862 points, up 1.5 per cent, whereas Nifty settled at 17,576 points, up 1.4 per cent, from their previous close.
Equities settle high as Eco Survey shows several positive growth indicators
Sensex settled at 58,014 points, up 1.4 per cent or 813 points, whereas Nifty at 17,339 points, up 1.4 per cent or 237 points. "Indian markets tried to bounce back on Friday, but due to weak global cues it couldn't sustain and lost momentum in the last hour of trade. As the market has seen some correction from the top and also, we have a budget lined up this week, there could be a bounce back in the indices," said Rajesh Bhatia -- MD and CIO -- ITI Long Short Equity Fund.
Equities settle marginally low, Nifty bank, auto top losers
The losses in the indices continue from the previous session because the US Fed's Federal Open Market Committee, in its latest meeting held on Wednesday, said it was ready to tighten monetary policy. The Federal Open Market Committee kept its policy interest rate "near zero" and stated its expectation that an increase in this rate would "soon be appropriate."
Indian equities rebound sharply; Sensex, Nifty rise 1%
On Thursday, the sharp losses were because the US Fed's Federal Open Market Committee in its latest meeting held on Wednesday said it was ready to tighten monetary policy. The Federal Open Market Committee kept its policy interest rate "near-zero" and stated its expectation that an increase in this rate would "soon be appropriate". At 10.36 a.m., Sensex traded at 57,888 points, up 1.1 percent or 611 points from the previous close of 57,276 points. It opened at 57,795 points.
Sensex, Nifty settle 1% low; US Fed's policy guidance weighs
In its meeting on Wednesday, the Federal Open Market Committee kept its policy interest rate "near zero" and stated its expectation that an increase in this rate would "soon be appropriate". Accordingly, Sensex settled at 57,276 points, down 1 per cent or 581 points from its previous close, whereas Nifty settled at 17,110 points, down 1 per cent or 167 points from its previous close.
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