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Rakesh Patil

Senior Data Analyst

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Closing Bell: Nifty ends above 9,300 on afternoon gains, Sensex jumps 995 pts as banks outperform

BUSINESS

Closing Bell: Nifty ends above 9,300 on afternoon gains, Sensex jumps 995 pts as banks outperform

Among Sectors, Nifty Bank rose 7 percent followed by IT, metal and energy space, while pharma index ended marginally lower.

Rupee ends higher at 75.66 per dollar

BUSINESS

Rupee ends higher at 75.66 per dollar

On Monday the currency market was shut on account of Ramzan Id.

Closing Bell: Nifty manages to close above 9K amid volatility; IT, pharma under pressure, metals shine

BUSINESS

Closing Bell: Nifty manages to close above 9K amid volatility; IT, pharma under pressure, metals shine

Among sectors, IT and pharma witnessed selling pressure, while metal index rose over 2.5 percent followed by auto, bank and FMCG. BSE Midcap and Smallcap indices ended with a gain of 0.6-1.2 percent.

Slideshow | Reliance Securities bets on these 5 stocks for 11-68% returns

BUSINESS

Slideshow | Reliance Securities bets on these 5 stocks for 11-68% returns

Reliance Securities bet on Bharti Airtel, Granules India, Aurobindo Pharma, Escorts and Alembic Pharma with an upside of 11-68 percent.

BSE, NSE shut today on account of Ramzan Id

BUSINESS

BSE, NSE shut today on account of Ramzan Id

On May 22, the Sensex ended 260.31 points lower or 0.84 percent at 30,672.59, while Nifty fell 67 points or 0.74 percent at 9,039.25.

Slideshow | Market slips for third straight week amid global cues, RBI policy; Rupee falls

BUSINESS

Slideshow | Market slips for third straight week amid global cues, RBI policy; Rupee falls

Last week Nifty Pharma outperformed other indices with a gain of 5.5 percent.

Closing Bell: Sensex falls 260 pts, Nifty settles below 9,050; banks, financials suffer

BUSINESS

Closing Bell: Sensex falls 260 pts, Nifty settles below 9,050; banks, financials suffer

Sensex closed the day 260 points, or 0.84 percent, lower at 30,672.59 while Nifty finished with a loss of 67 points, or 0.74 percent, at 9,039.25. Broader BSE Midcap and Smallcap indices closed 0.83 percent and 0.23 percent down, respectively. Among the sectors, BSE Finance and BSE Bankex lost 3 percent and 2.44 percent, respectively. On the other hand, IT and Teck indices rose 1.68 percent and 1.44 percent, respectively.

Slideshow | Gainers & Losers: Here are stocks that moved the most on May 21

BUSINESS

Slideshow | Gainers & Losers: Here are stocks that moved the most on May 21

Benchmark indices managed to close in positive territory on May 21 despite final hour profit booking erases some of intraday gains.

Closing Bell: Nifty ends above 9,100, Sensex jumps 114 pts as auto, metal stocks gain

BUSINESS

Closing Bell: Nifty ends above 9,100, Sensex jumps 114 pts as auto, metal stocks gain

ITC, Hindalco Industries, Asian Paints, Hero MotoCorp and Maruti Suzuki were among major gainers on the Nifty, while losers were Bajaj Finserv, IndusInd Bank, NTPC, Bajaj Finance and Adani Ports.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a flat to negative opening for the index in India.

Rupee ends lower at 75.79 per dollar

BUSINESS

Rupee ends lower at 75.79 per dollar

Cases in India have risen exponentially, and fiscal deficit concerns surrounding the stimulus package will weigh on the appetite going forward, says Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking.

Rupee ends near day's high at 75.64 per dollar

BUSINESS

Rupee ends near day's high at 75.64 per dollar

Going ahead, the trend remains skewed to the downside as risk sentiment will further worsen in case it closes beyond the 76 mark, which will then drive it lower towards 76.50 levels, says Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking.

Closing Bell: Nifty ends near 8,900, Sensex up 167 pts; Bharti Airtel gains 11%, UPL top loser

BUSINESS

Closing Bell: Nifty ends near 8,900, Sensex up 167 pts; Bharti Airtel gains 11%, UPL top loser

Bharti Airtel, Adani Ports, ONGC, Bharti Infratel and UltraTech Cement were among major gainers on the Nifty, while losers were UPL, Vedanta, IndusInd Bank, Reliance Industries and L&T.

Slideshow | Cipla, ABB, Escorts among 10 buying ideas for up to 49% upside

BUSINESS

Slideshow | Cipla, ABB, Escorts among 10 buying ideas for up to 49% upside

Here are the 10 buying ideas by brokerages which could give up to 49 percent upside:

Rupee ends 34 paise lower at 75.91 per dollar

BUSINESS

Rupee ends 34 paise lower at 75.91 per dollar

The crucial support lies at 75-75.25 zone, a break of which will take USD/INR spot towards 74.85, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services.

Slideshow | Rangebound market ended lower last week amid stimulus package; rupee flat

BUSINESS

Slideshow | Rangebound market ended lower last week amid stimulus package; rupee flat

Foreign institutional investors sold equities worth Rs 5,951.15 crore last week, while domestic institutional investors bought equities worth of Rs 1,074.94 crore.

Slideshow | Bandhan Bank and Maruti among 10 buying ideas for 10-39% returns

BUSINESS

Slideshow | Bandhan Bank and Maruti among 10 buying ideas for 10-39% returns

Brokerages bet on these 10 stocks for 10-39 percent return.

Rupee ends flat at 75.57 per dollar

BUSINESS

Rupee ends flat at 75.57 per dollar

The Dollar index has moved near its previous supply line. If it retraces towards 100 again, EM curries will see a pullback, says ICICIdirect.

Closing Bell: Sensex, Nifty end flat after volatile trade; bank, auto slip, metal shines

BUSINESS

Closing Bell: Sensex, Nifty end flat after volatile trade; bank, auto slip, metal shines

On sectoral front, auto, bank, IT, pharma remained under pressure, while metal, energy and infra witnessed buying.

Rupee ends lower at 75.56 per dollar

BUSINESS

Rupee ends lower at 75.56 per dollar

If 75.25 breaks expect prices to fall towards 75 and then 74.85 zone, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services.

Closing Bell: Nifty ends below 9,150, Sensex falls 885 pts; IT, bank worst hit

BUSINESS

Closing Bell: Nifty ends below 9,150, Sensex falls 885 pts; IT, bank worst hit

Among sectors, except pharma and FMCG other indices ended lower. BSE Midcap and Smallcap indices down 0.3-0.7 percent.

Closing Bell: Stimulus announcement pushes Nifty above 9,350, Sensex up 637 pts; banks rally

BUSINESS

Closing Bell: Stimulus announcement pushes Nifty above 9,350, Sensex up 637 pts; banks rally

Among sectors, except FMCG and pharma other indices ended positive with Bank Nifty rose over 4 percent followed by auto, metal, infra, energy and IT.

Rupee ends near day's high at 75.50 per dollar

BUSINESS

Rupee ends near day's high at 75.50 per dollar

The USD-INR pair is likely to move higher as Covid-19 cases are increasing, says ICICIdircet.

Closing Bell: Indices ends lower amid volatility, Sensex falls 190 pts; metals shine

BUSINESS

Closing Bell: Indices ends lower amid volatility, Sensex falls 190 pts; metals shine

Vedanta, NTPC, ITC, Bharti Airtel and Bharti Infratel were among major gainers on the Nifty, while losers included Reliance Industries, GAIL, Asian Paints, Cipla and Kotak Mahindra Bank.

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