BUSINESS
Sensex, Nifty open at record highs on the back of IT and FMCG stocks
On the technical front, Hardik Matalia, Derivative Analyst at Choice Broking, said that Nifty 50 is likely to face resistance at 26,050-26,100 levels and find support at 25,900, followed by 25,800.
BUSINESS
Sensex, Nifty hit record peaks after day-long lull; banking stocks on forefront of rally
The recent rally is fueled by optimism over the US Federal Reserve's aggressive rate cut last week and expectations of sustained foreign inflows. Gains in Nifty Bank, driven by the weekly expiry of Bank Nifty F&O contracts, further bolstered the Nifty's performance.
BUSINESS
Sensex, Nifty flat after four-day rally; analysts expect range-bound action
Rupak De, Senior Technical Analyst at LKP Securities said that while the short-term outlook remains positive, a decisive break above 26,000 is needed to extend the rally.
BUSINESS
Short Call | Will China's aggressive stimulus eclipse India's investment allure? Sapphire Foods, Ipca Labs in focus
Invest for the long haul. Don’t get too greedy and don’t get too scared. - Shelby M.C. Davis
BUSINESS
Sensex, Nifty reach new highs tracking global optimism; metal stocks lead gains
The renewed interest from Foreign Institutional Investors (FIIs) in September is expected to boost recovery in leading banking stocks. Nifty Bank gained for the ninth session today.
BUSINESS
Sensex, Nifty soar to new peaks; auto, banking stocks lead rally
The rally extended beyond the benchmarks, with the BSE Midcap index gaining 0.1 percent and the BSE Smallcap index up 0.6 percent. All 13 sectoral indices were in the green with Nify Auto, Pharma, and PSU Bank rising by over a percent.
BUSINESS
Sensex gains over 1,300 points, Nifty surpasses 25,800; banking, auto stocks lead charge
12 out of 13 sectoral indices flashed green, with Nifty FMCG, Auto, Realty, and Metal rising between 1-2 percent. The Nifty Bank index marked its seventh consecutive session of gains and hit a fresh high of 54,066.
BUSINESS
Indices hit record highs; Sensex above 84,000, Nifty surpasses 25,600
The Nifty Metal index gained 1.5 percent in early trade, breaking a three-day losing streak, following Macquarie's upgrades on ratings and price targets for several major players in the metal sector.
BUSINESS
Sensex, Nifty retreat from record highs as Fed rate cut sparks mixed reactions
The Fed's interest rate cut is a positive factor for Indian equities as it boosts global liquidity, potentially attracting more foreign funds. However, concerns over high valuations continue to loom large.
BUSINESS
Sensex, Nifty soared to fresh record highs on Fed rate cut euphoria; IT, banking lead gains
All 13 sectoral indices were trading in the green, with Nifty IT leading the charge. The IT index climbed 1.5 percent driven by gains in Infosys, TCS, and LTIMindtree. Nifty Bank also advanced nearly 1 percent, supported by HDFC Bank, Axis Bank, and ICICI Bank.
BUSINESS
Sensex, Nifty end 0.3% lower ahead of Fed meet outcome; IT stocks weigh down indices
Broader market indices underperformed the benchmarks, with the BSE Midcap and Smallcap indices declining by 0.7 percent and 0.5 percent, respectively. Meanwhile, volatility surged, with India VIX climbing over 6 percent to 13.4 points.
BUSINESS
Sensex, Nifty hit record highs ahead of FOMC outcome; banking stocks lead gains
The Nifty Bank index surged over a percent with HDFC Bank, ICICI Bank, and SBI leading the gains.
BUSINESS
Short Call | Is the 10-2 yield spread replaying old warnings of recession? Star Cement, Ola Electric in focus
There will be bear markets about twice every 10 years and recessions about twice every 10 or 12 years but nobody has been able to predict them reliably. So the best thing to do is to buy when shares are thoroughly depressed and that means when other people are selling. - John Templeton
BUSINESS
Sensex, Nifty end at record closing highs as telecom, auto stocks lead; Fed meet in focus
Sector-wise, Nifty Auto, Infra, and Realty led the gains, rising 0.2-0.6 percent, while Nifty Metal cooled off after a three-day rally and fell by 0.4 percent.
BUSINESS
Sensex, Nifty flat ahead of Fed meeting; auto and IT stocks slide, FMCG and healthcare gain
When it comes to sectoral indices, Nifty IT and Nifty Auto fell 0.3 percent and 0.7 percent, respectively, while Nifty Healthcare, Nifty Pharma, and Nifty FMCG saw gains of 0.2-0.7 percent.
BUSINESS
Sensex, Nifty scale new peaks tracking optimism in global markets on Fed rate cut hopes
Excluding Nifty FMCG, all 12 other sectoral indices posted gains. HUL, Varun Beverages, and Britannia weighed on the Nifty FMCG, pulling it down by 0.8 percent.
BUSINESS
Sensex, Nifty take breather but broader market continues to buzz
Although pharma and healthcare stocks recovered from earlier losses, FMCG continued to face selling pressure, weighed down by ITC, HUL, and Godrej Consumer Products. Nifty Energy and Nifty Infra were also down by half a percent.
BUSINESS
Sensex, Nifty off early lows, BSE Smallcap index hits record high
Banking, IT, and FMCG stocks were the hardest hit in today's market, while the Nifty Metal index gained over 1 percent, driven by strong performances from Tata Steel, Vedanta, and JSW Steel.
BUSINESS
Nifty makes new high in late surge on expiry day, closes above 25,350
All 13 major sectoral indices basked in gains, with Nifty Infra, Nifty Auto, and Nifty Energy rising over 2 percent each. IT companies which have significant revenue exposure to the US market rose by over a percent.
BUSINESS
Sensex, Nifty open higher tracking global markets; banking, IT drive market rally
After the much-awaited US CPI data was released on September 11, investors now await India's August CPI due to be released later today after market hours.
BUSINESS
Sensex, Nifty flat amid weakness in crude prices; Auto, banking shares weigh
In the broader market, the BSE Midcap index was flat, while the BSE Smallcap index gained 0.3 percent.
BUSINESS
Motilal Oswal sees end of IT sector's harsh winter, Nifty IT rises 2.5% led by Infosys, TCS
Motilal Oswal expects a new wave of growth for IT sector, driven by the continued expansion of Global Capability Centers (GCCs), opportunities in Generative AI, and cloud services.
BUSINESS
Short Call | What if Trump returns? HUL, Inox Wind in focus
With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future — Carlos Slim Helu
BUSINESS
Sell-off in auto, banking stocks drag Sensex, Nifty to flatline after positive open
In the broader market, both the BSE Midcap and BSE Smallcap indices rebounded, rising by 1 percent, after suffering losses in the previous session.
