Market Commentary

  • Sensex rises 100 pts; Reliance hits multi-year high, IT drags

    Sensex rises 100 pts; Reliance hits multi-year high, IT drags  

    Reliance Industries rallied more than 7 percent, hitting nearly 8-year high as investors cheered the announcements made by chairman Mukesh Ambani for customers of Jio. It was the biggest contributors to the Nifty.

    22 Feb 2017, 10.00 am  |  Source: Moneycontrol.com

  • Nifty opens above 8900, Sensex higher; Reliance jumps 5%

    Nifty opens above 8900, Sensex higher; Reliance jumps 5%  

    Reliance Industries, Tata Motors, BHEL, ONGC, Axis Bank, BPCL and Bharti Infratel were early gainers while GAIL, Hero Motocorp, Tata Steel, Infosys, Wipro, Idea Cellular, Aurobindo Pharma and Eicher Motors were losers.

    22 Feb 2017, 9.15 am  |  Source: Moneycontrol.com

  • Banks, RIL push Nifty above 8900; Axis jumps 5%, Bharti dips 3%

    Banks, RIL push Nifty above 8900; Axis jumps 5%, Bharti dips 3%  

    Axis Bank shares surged 5 percent. Kotak Mahindra Bank is learned to have approached the government seeking a merger with country's third largest private sector lender Axis, sources have told CNBC-TV18.

    21 Feb 2017, 4.00 pm  |  Source: Moneycontrol.com

  • Nifty ends above 8900, Sensex rises 100 pts; Axis Bank jumps 5%

    Nifty ends above 8900, Sensex rises 100 pts; Axis Bank jumps 5%  

    Axis Bank surged 5 percent after sources told CNBC-TV18 that Kotak Mahindra Bank informally approached government seeking Axis Bank's hand.

    21 Feb 2017, 2.00 pm  |  Source: Moneycontrol.com

  • Sensex, Nifty continue to be sluggish; Tech Mah, Axis Bank up 2%

    Sensex, Nifty continue to be sluggish; Tech Mah, Axis Bank up 2%  

    The 30-share Sensex fell 44 points to 28616.63, while the Nifty fell around 11 points at 8867.95.

    21 Feb 2017, 1.00 pm  |  Source: Moneycontrol.com

  • Nifty holds 8850 amid volatility; Bharti Airtel, ITC drag

    Nifty holds 8850 amid volatility; Bharti Airtel, ITC drag  

    HDFC Bank and ITC dragged the Sensex lower as they were the top negative contributors to the Sensex, while ITC and Bharti Infratel were the top negative contributors on the Nifty.

    21 Feb 2017, 12.00 pm  |  Source: Moneycontrol.com

  • Sensex off day`s high; Bharti slips 2%, JSPL top midcap gainer

    Sensex off day's high; Bharti slips 2%, JSPL top midcap gainer  

    Jindal Steel retained its top position in buying list among midcap stocks, up 8 percent in addition to 8 percent rally in previous session.

    21 Feb 2017, 11.00 am  |  Source: Moneycontrol.com

  • Sensex, Nifty consolidate; Midcap outperforms; ITC dips

    Sensex, Nifty consolidate; Midcap outperforms; ITC dips  

    Tata Motors and Tata Steel were top gainers among Sensex, up 1.6 percent each after Natarajan Chandrasekaran has taken a responsibility of Tata Sons by becoming a chairman of the Group. TCS also gained a bit after rising 4 percent...

    21 Feb 2017, 10.00 am  |  Source: Moneycontrol.com

  • Sensex, Nifty open flat with positive bias; Infosys gains

    Sensex, Nifty open flat with positive bias; Infosys gains  

    Infosys gained 1 percent on hopes of share buyback. Reliance Industries, Axis Bank, ONGC and Sun Pharma were other gainers while HDFC Bank fell 0.6 percent on profit booking.

    21 Feb 2017, 9.15 am  |  Source: Moneycontrol.com

  • Sensex soars 193pts, Nifty Midcap at new closing high; TCS up 4%

    Sensex soars 193pts, Nifty Midcap at new closing high; TCS up 4%  

    TCS shares rallied 4 percent after the IT major has announced buyback of upto 5.6 crore equity shares (representing 2.85 percent of total paid up equity capital) at Rs 2,850 apiece, aggregating up to Rs 16,000 crore.

    20 Feb 2017, 4.00 pm  |  Source: Moneycontrol.com

  • Sensex up 193 pts, Nifty ends above 8850; buyback lifts TCS 4%

    Sensex up 193 pts, Nifty ends above 8850; buyback lifts TCS 4%  

    The broader markets climbed over a percent on positive breadth. About 1719 shares advanced against 1151 declining shares on the BSE.

    20 Feb 2017, 2.11 pm  |  Source: Moneycontrol.com

  • Sensex up 100 points, Nifty touches 8850; HDFC Bank up 1%

    Sensex up 100 points, Nifty touches 8850; HDFC Bank up 1%  

    The market continued its positive momentum and was trading at day’s high. The bourses had seen a subdued opening, but reversed its losses in the first hour of trade.

    20 Feb 2017, 1.00 pm  |  Source: Moneycontrol.com

  • Sensex, Nifty, Midcap extend gains; metals, telecom stocks shine

    Sensex, Nifty, Midcap extend gains; metals, telecom stocks shine  

    Telecom stocks rallied after media reports indicated that Vodafone-Idea merger may be announced by end of current month. Idea Cellular, Reliance Communications, Bharti Airtel and Tata Teleservices were up 2-8 percent.

    20 Feb 2017, 12.00 pm  |  Source: Moneycontrol.com

  • Nifty inches towards 8850, Midcap outperforms; JSPL most active

    Nifty inches towards 8850, Midcap outperforms; JSPL most active  

    Idea Cellular shares rallied 3.6 percent as media reports suggested that Vodafone-Idea merger may be announced by end of the month. The rally also spilled over to other telecom stocks - Reliance Communications gained 6 percent and...

    20 Feb 2017, 11.00 am  |  Source: Moneycontrol.com

  • Sensex, Nifty turn positive after weak opening; Bharti, Idea up

    Sensex, Nifty turn positive after weak opening; Bharti, Idea up  

    Bharti Airtel, GAIL and TCS were the top gainers on the BSE, while HDFC, ITC and Maruti Suzuki were the top losers. Meanwhile, telecom stocks such as Idea Cellular and Bharti Airtel ruled the Nifty's top gainers list, while Hindal...

    20 Feb 2017, 10.08 am  |  Source: Moneycontrol.com

  • Sensex, Nifty open moderately lower; TCS, HUL lead gainers

    Sensex, Nifty open moderately lower; TCS, HUL lead gainers  

    TCS, HUL, GAIL, Wipro, Bharti Airtel, Idea Cellular, Kotak Mahindra Bank and HCL Technologies were early gainers while Maruti Suzuki, Tata Motors, HDFC Bank, ITC, Cipla, Tata Motors (DVR) and Eicher Motors were losers.

    20 Feb 2017, 9.15 am  |  Source: Moneycontrol.com

  • HDFC Bank, ICICI lift Sensex 167 pts, Nifty above 8800; IT dives

    HDFC Bank, ICICI lift Sensex 167 pts, Nifty above 8800; IT dives  

    The BSE Sensex shot up 425 points in opening led by private banking & financials - especially HDFC Bank - after RBI lifted the ban on FIIs investment; but erased more than half of gains due to some profit booking in banks and tech...

    17 Feb 2017, 4.09 pm  |  Source: Moneycontrol.com

  • Nifty ends at 8822, Sensex rises 167 pts; HDFC Bank gains 3.6%

    Nifty ends at 8822, Sensex rises 167 pts; HDFC Bank gains 3.6%  

    Sun Pharma, HDFC Bank, GAIL, ICICI Bank, Cipla and Tata Motors were top gainers while Infosys, Asian Paints, TCS, Hero Motocorp, Wipro, Bharti Infratel, Hindalco and Idea Cellular were under pressure.

    17 Feb 2017, 2.00 pm  |  Source: Moneycontrol.com

  • SEBI likely to allow mutual funds to trade in commodities soon

    SEBI likely to allow mutual funds to trade in commodities soon  

    The regulator is also in talks with the RBI to allow institutional investors like banks and Foreign Portfolio Investors to trade in the segment.

    17 Feb 2017, 1.50 pm  |  Source: PTI

  • Sensex gains 150 pts, Nifty holds 8800; HDFC Bank off day`s high

    Sensex gains 150 pts, Nifty holds 8800; HDFC Bank off day's high  

    Sun Pharma gained for second consecutive session, up 2.75 percent on hopes of early USFDA clearance to its Halol facility, especially after Cadila did not get any observations for its Moriaya facility. Wockhardt also rose 3 percen...

    17 Feb 2017, 1.00 pm  |  Source: Moneycontrol.com

  • Sensex maintains momentum; Cadila Health, Biocon hit new high

    Sensex maintains momentum; Cadila Health, Biocon hit new high  

    Pharma stocks were in news today. Cadila Healthcare continued to gain after yesterday's strong run, up more than 5 percent as brokerages raised their target prices and earnings forecast on the stock.

    17 Feb 2017, 12.00 pm  |  Source: Moneycontrol.com

  • Nifty holds 8800, Sensex strong; IT stocks down on profit taking

    Nifty holds 8800, Sensex strong; IT stocks down on profit taking  

    Cadila Healthcare extended its rally, up 4 percent on top of 20 percent surge in previous session as its Moriaya facility did not receive any observations from USFDA post inspection.

    17 Feb 2017, 11.00 am  |  Source: Moneycontrol.com

  • Sensex off day`s high; Nifty Bank hits record high; Infosys dips

    Sensex off day's high; Nifty Bank hits record high; Infosys dips  

    HDFC Bank jumped 6 percent after the Reserve Bank of India has withdrawn the limit for purchase of bank's shares. The rally also spilled over to HDFC that was up 1.3 percent.

    17 Feb 2017, 10.00 am  |  Source: Moneycontrol.com

  • Sensex jumps 400 pts, Nifty near 8900; HDFC Bank zooms 9%

    Sensex jumps 400 pts, Nifty near 8900; HDFC Bank zooms 9%  

    HDFC Bank surged 8.41 percent as RBI says restrictions placed on purchase of bank shares by foreign portfolio investors withdrawn immediately.

    17 Feb 2017, 9.15 am  |  Source: Moneycontrol.com

  • IT, pharma stocks help Sensex rebound 146pts; Midcap outperforms

    IT, pharma stocks help Sensex rebound 146pts; Midcap outperforms  

    The broader markets outperformed benchmarks, with the BSE Midcap and Smallcap indices climbed 1.3 percent each on strong breadth. About two shares gained for every share falling on bourses.

    16 Feb 2017, 4.01 pm  |  Source: Moneycontrol.com

  • Sensex snaps 2-day losses, Nifty ends above 8750; pharma shines

    Sensex snaps 2-day losses, Nifty ends above 8750; pharma shines  

    Sun Pharma, Infosys, Maruti Suzuki, Tata Steel, GAIL, Aurobindo Pharma and Tata Motors (DVR) gained 2-4 percent while ITC, L&T, ICICI Bank, Asian Paints, Coal India, Bharti Infratel, Bosch and BPCL were under pressure.

    16 Feb 2017, 2.00 pm  |  Source: Moneycontrol.com

  • Sensex, Nifty higher; IT & auto stocks support, FMCG declines

    Sensex, Nifty higher; IT & auto stocks support, FMCG declines  

    TCS shares gained 1.4 percent as the company will consider share buyback on February 20. Infosys rose 2.7 percent as hopes increased that the company would follow suit.

    16 Feb 2017, 1.00 pm  |  Source: Moneycontrol.com

  • Sensex rises over 100 pts again, Nifty above 8750; Infosys leads

    Sensex rises over 100 pts again, Nifty above 8750; Infosys leads  

    Infosys continued to be leading contributor to Sensex's gains, up more than 2 percent on hopes that the management might consider share buyback. Hopes raised after its peer TCS announced that its board of directors will consider s...

    16 Feb 2017, 12.00 pm  |  Source: Moneycontrol.com

  • Sensex, Nifty consolidate but Midcap, Smallcap outperform

    Sensex, Nifty consolidate but Midcap, Smallcap outperform  

    The BSE Midcap and Smallcap indices gained half a percent each on positive breadth. About 1376 shares advanced against 877 declining shares on the BSE.

    16 Feb 2017, 11.00 am  |  Source: Moneycontrol.com

  • Sensex, Nifty off day`s high; ICICI & ITC drag, Sun Pharma up 2%

    Sensex, Nifty off day's high; ICICI & ITC drag, Sun Pharma up 2%  

    Dr Reddy's Laboratories shares fell 2 percent after it got an unfavourable ruling in a US court regarding a patent infringement case over anti-nausea injection Aloxi.

    16 Feb 2017, 10.00 am  |  Source: Moneycontrol.com

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