Sensex Ends 56 Pts Up; Banks

Jul 22, 2014 at 17:15 | Source: CNBC-TV18
Reliance Industries and HDFC were the leaders in trade today, up 3 percent each in addition to 2-3 percent rally in previous session post first quarter earnings. Private sector lender HDFC Bank recouped its losses, up 1.4 percent while its rivals State Bank of India and ICICI Bank closed flat.
Jul 21, 2014 at 14:00 | Source:
HDFC was up 3 percent, Reliance , ITC, Axis Bank and HUL saw agressive banking on the Sensex. On the losing side were Tata Power, GAIL, SBI, BHEL and Sesa Sterlite.
Jul 18, 2014 at 17:00 | Source: CNBC-TV18
With the major event of Budget out of the way, the market will likely continue to focus on issues like monsoons, global economy and quarterly results in the short term, said Dipen Shah, Head- Private Client Group Research, Kotak Securities, adding the market will also look forward to the rate action from RBI in its next policy.
Jul 18, 2014 at 14:00 | Source:
Private sector lender HDFC Bank rebounded with marginal gains while its rivals ICICI Bank and Axis Bank extended gains to 1.7 percent and 1 percent, respectively. Housing finance company HDFC gained 1 percent.
Jul 16, 2014 at 16:57 | Source: CNBC-TV18
Strong rally was led by short covering and long build-up as well as value buying in realty, banks, capital goods and metals stocks after the RBI issued guidelines for infrastructure lending, say experts, adding the Nifty may remain rangebound 7500 on downside and 7700 on upside - till the policy announcement (RBI policy on August 5).
Jul 16, 2014 at 14:00 | Source:
ICICI Bank rallied 5 percent. Hindalco, Axis Bank, Sesa Sterlite and BHEL were other top gainers in the Sensex. Among losers were Bajaj Auto, GAIL, Cipla, Dr Reddy's and Wipro.
Jul 16, 2014 at 09:15 | Source:
IDFC is up 4 percent as ina big push to infrastructure as the Reserve Bank of India has relaxed infra financing rules. Banks are exempted from SLR and CRR requirement for long-term infrastructure bonds. Priority sector lending norms are also eased. Affordable housing has got infrastructure status.
Jul 15, 2014 at 16:40 | Source:
The 30-share BSE Sensex surged 221.67 points to 25228.65 and the 50-share NSE Nifty reclaimed 7500 level, up 72.50 points to close at 7526.65. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices climbing over 2 percent each.
Jul 15, 2014 at 09:15 | Source:
The market ended the choppy session on a higher note. The Sensex is up 221.67 points or 1 percent at 25228.65, and the Nifty is up 72.50 points or 1 percent at 7526.65. About 1843 shares have advanced, 1084 shares declined, and 104 shares are unchanged. Both SBI and BHEL were up 4 percent each.
Jul 11, 2014 at 14:00 | Source:
Banks, capital goods, metals and realty stocks were beaten out of shape in today's trade. BHEL was down 9 percent, Hindalco lost 6 percent while SBI, L&T and Tata Steel were other losers in the Sensex. Both midcaps and smallcaps which had seen robust rally in the run up to the Budget saw massive selling today.
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