Benchmark indices Nifty 50 and Sensex opened on a positive note, as traders were optimistic on the upcoming summit with U.S. President Donald Trump and Chinese President Xi Jinping.
The better-than-expected earnings show from the quarter ended September, coupled with strong DII inflows have maintained the market's strength.
Bajaj Finserv, Power Grid, ONGC, Coal India and Trent were among major losers on the Nifty, while gainers were Tata Steel, SBI Life Insurance, JSW Steel, HDFC Life and L&T. BSE Midcap and smallcap indices ended flat. On the sectoral front, metal and PSU Bank indices rose 1.2 percent each, while IT, pharma, FMCG and realty shed 0.5-1%.
After opening higher, Sensex and Nifty extended gains on hopes of further rate cut by the US Fed and a growing confidence over a potential US-China trade in the offing.
Benchmark indices Nifty 50 and Sensex settled higher by 0.7 percent each on October 27, as positive global cues lifted investor sentiment.
Dalal Street's frontline indices Nifty 50 and Sensex saw a positive open in trade on October 27, as positive global cues lifted investor sentiment.
GIFT Nifty hints at bullish start for Sensex and Nifty 50 on Monday amind easing U.S.–China trade tensions and Fed rate cut hopes.
BSE Midcap index added 0.7% and smallcap index rose 0.5%. SBI Life Insurance, Bharti Airtel, Reliance Industries, SBI, Eternal were among top gainers on the Nifty, while losers were Bharat Electronics, Kotak Mahindra Bank, Infosys, Adani Ports, Bajaj Finance. Except media, pharma, all other sectoral indices ended in the green with metal, PSU Bank, oil & gas, realty index up 1-2%.
Cipla, HUL, Adani Ports, Max Healthcare, UltraTech Cement were among top losers on the Nifty, while gainers were Hindalco, Bharti Airtel, ONGC, Shriram Finance, ICICI Bank.
Benchmark indices ended lower as profit-taking in banking and consumer stocks halted a six-session winning streak, with traders turning cautious amid uncertainties.
Indian equities opened flat on Friday, despite positive global cues, as investor sentiment turned cautious on October 24.
Indian equity benchmarks may open flat on October 24, with GIFT Nifty futures trading near the flatline, though positive global cues could lend some early support.
Cipla, HUL, Kotak Mahindra Bank, Max Healthcare, UltraTech Cement were among top losers on the Nifty, while gainers were Hindalco, Bharti Airtel, Shriram Finance, ICICI Bank. On the sectoral front, metal index up 1%, while FMCG, PSU Bank, pharma, private bank, IT, consumer durable down 0.5-1%. BSE Midcap and Smallcap indices are trading flat.
More than 200 stocks touched their 52-week high on the BSE, including Bank of India, IDFC First Bank, City Union Bank, Shriram Finance, Axis Bank, Indian Bank, AU Small Finance Bank, Titan Company, Bajaj Finance, Hindalco Industries, L&T, SBI, HDFC Bank, Maruti Suzuki, PNB, Bajaj Finserv, Ceat, Federal Bank, Grasim Industries, among others.
After staging an impressive open, the benchmark indices Nifty 50 and Sensex erased their wins to settle at the flatline on October 23.
Dalal Street's mood remains positive and optimistic as the U.S. reportedly plans to slash tariffs on Indian imports, supporting the markets.
Despite weak global cues, the benchmark indices Nifty 50 and Sensex may be poised for a strong start in trade on October 23.
BSE Midcap index down marginally, while smallcap index shed 0.4%. Infosys, HCL Technologies, TCS, Shriram Finance, Axis Bank were among top gainers on the Nifty, while losers were Eternal, Interglobe Aviation, Bharti Airtel, Tata Consumer, Eicher Motors. On the sectoral front, IT index rose 2%, Private Bank index up 0.5%, while oil & gas index down 0.6%.
To sustain rupee-based trade, India has asked Russia to ease exports to narrow the widening trade deficit
Biggest Nifty gainers were Cipla, Bajaj Finserv, Axis Bank, Infosys, Grasim, while losers included Kotak Mahindra Bank, ICICI Bank, HCL Technologies, Max Healthcare, Asian Paints. Among sectors, metal, media, telecom up 0.3% each. The BSE midcap index rose 0.2 percent and smallcap index added nearly 1 percent.
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The short-term silver borrowing rates in London eased by Friday from record highs seen on October 10.
Dalal Street's headline indices are likely to extend their winning streak to the fourth consecutive session in trade on October 20.
Reliance Industries, Shriram Finance, Bajaj Finserv, Cipla, Dr Reddy's Labs were among major gainers on the Nifty, while losers were ICICI Bank, Eternal, Adani Ports, JSW Steel, M&M. BSE Midcap index added 0.7%, and smallcap index rose 0.6%. On the sectoral front, PSU bank index up 3%, oil & gas, telecom up 1% each, while pharma, realty, metal, IT up 0.5% each.
US PMI readings, in particular, will be closely watched for early signals on economic momentum and labor market health, as further softness may reinforce expectations of rate cuts by the Fed.
