140 stocks touched their 52-week high on the BSE, including City Union Bank, MRPL, Asahi India, Delhivery, Titan Company, Bharti Airtel, BPCL, IOC, Laurus Labs, SBI. HPCL, eClerx Services, L&T Finance, Shriram Finance, SBI Life Insurance, Bank of India, MCX India, among others.
Indian markets opened flat on November 4, with Nifty and Sensex trading flat amid cautious global sentiment and muted Q2 earnings.
Biggest Nifty losers were Power Grid Corp, Coal India, Tata Motors Passenger Vehicles, Bajaj Auto, Eternal, while gainers included Titan Company, Bharti Airtel, Bajaj Finance, HDFC Life, M&M. Except consumer durable and telecom, all other sectoral indices ended in the red with IT, auto, FMCG, metal, power, realty, PSU indices down 0.5-1%. BSE midcap index fell 0.2% and smallcap index shed 0.7%.
Shriram Finance, M&M, Apollo Hospitals, SBI, Tata Consumer were among major gainers on the Nifty, while losers included Maruti Suzuki, ITC, TCS, Bharat Electronics, L&T.
The dollar index was at 99.76, hovering near its highest level in three months, while Asian currencies were flat to modestly weaker on the day
BSE Midcap index rose 0.6 percent and smallcap index added 0.7 percent. On the sectoral front, pharma, telecom, realty, PSU Bank indices added 1-2 percent. Shriram Finance, M&M, Apollo Hospitals, SBI, Tata Consumer were among major gainers on the Nifty, while losers included Maruti Suzuki, ITC, TCS, Bharat Electronics, L&T.
Among sectors, PSU Bank index rose 1.5%, while power, metal, media shed 1% each and IT, private bank, healthcare index down 0.5% each.
On October 31, benchmark indices Nifty 50 and Sensex ettled on a muted noted as investors took some profits off the table.
The sharp flows into physical commodity funds may lead to strong outperformance in Indian metal stocks,
Indian markets opened lower on October 31 amid weak global cues, FII selling. The Nifty 50 opened under 25,900, while the Sensex flat in the red.
GIFT Nifty hinted at a flat-to-positive start for Indian markets on Friday, with investors eyeing global cues, rupee movement, and key Q2 earnings.
Bharat Electonics, Eicher Motors, Shriram Finance, L&T, TCS were among major gainers on the Nifty, while losers were Cipla, Eternal, Max Healthcare, NTPC, Interglobe Aviation. Among sectors, PSU Bank index rose 1.5%, while power, metal, media shed 1% each and IT, private bank, healthcare index down 0.5% each. BSE Midcap index slipped 0.5% and Smallcap indices down 0.4%.
Indian equities closed lower on October 30, with Nifty slipping below 26,000 and Sensex falling nearly 600 points as cautious global cues.
Stock Market LIVE Updates: Among sectoral indices, Nifty Private Bank was the biggest loser, down 0.7 percent, followed by Nifty Pharma, Nifty IT, and Nifty Bank, which fell 0.6 percent each. Nifty Metal, PSU Bank, Auto, and FMCG indices were also down 0.5 percent each.
The exchange rate does not serve as a policy tool in a market where its level is determined by market forces, RBI's Poonam Gupta said at an event in Mumbai
More than 170 stocks touched their 52-week high on the BSE, including SAIL, Graphite India, IOC, M&M Financial, HPCL, JSW Steel, Tata Steel, SBI Life Insurance, Jindal Stainless, Grasim Industries, among others.
Adani Enterprises, Power Grid Corp, NTPC, Adani Ports, JSW Steel were among biggest gainers on the Nifty, while losers included Dr Reddy's Labs, Maruti Suzuki, Eternal, M&M, Coal India. BSE Midcap index added 0.7 percent and smallcap index rose 0.6%. Among sectors, except auto (down 0.7%), all other indices ended in the green with media, metal, oil & gas up 1-2%.
The rupee closed at 88.2650 against the US dollar, nearly flat compared to its close at 88.2450 in the previous session
Nearly 160 stocks touched their 52-week high on the BSE, including City Union Bank, Tata Steel, JSW Steel, Indian Bank, SBI Life Insurance, Laurus Labs, HBL Engineering, Hindalco Industries, PNB, Federal Bank, Bank of Baroda, Bank of India, SBI, Bharti Airtel, Canara Bank, Paytm, Grasim Industries, Cummins India, among others.
Benchmark index Nifty 50 recovered most of its losses to settle at 25,936, lower by 30 points or 0.1 percent, on its monthly expiry session.
Analysts expect further downside in gold prices in November and December as seasonal demand tapers off after the festive period.
Experts at Moneycontrol’s Mutual Fund Summit said global investing helps mitigate currency risk while offering access to high-growth global themes absent in India.
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%.