Nifty, Sensex swing between gains and losses in volatile session while IT, FMCG indices fall
Experts noted that the high valuations even amidst geopolitical and tariff-related headwinds helped bears to accumulate short positions in the market.
Nifty, Sensex fail to sustain momentum as IT, FMCG stocks see sharp sell-off
Experts noted that the high valuations even amidst geopolitical and tariff-related headwinds helped bears to accumulate short positions in the market.
Sensex, Nifty extend rally as GST 2.0 sparks buying momentum; auto stocks in fast lane
Sensex and Nifty extended gains for a second day on September 5, driven by optimism around GST 2.0 reforms. Auto stocks led the rally while midcaps and smallcaps outperformed, signaling broad-based market strength.
Sensex, Nifty set to extend gains to second day - Key levels to track on September 5
Sensex and Nifty are expected to open higher on Friday, buoyed by GST 2.0 reforms and steady global cues. While FIIs remained minor sellers, strong DII inflows and support for consumer-facing sectors are keeping investor sentiment upbeat
Closing Bell: Sensex, Nifty flat amid volatility; FMCG, IT drag, auto, metals shine
On the sectoral front, realty, FMCG, IT indices down 1 percent each, while auto index up 1.3 percent and media, metal up 0.5 percent each. M&M, Eicher Motors, Maruti Suzuki, Dr Reddy's Laboratories and Power Grid are among major gainers on the Nifty, while losers are ITC, TCS, Cipla, HCL Technologies, Cipla. BSE Midcap and Smallcap indices is trading flat.
'Things will go back to normal...': Piyush Goyal on rupee hitting all-time low against dollar
Piyush Goyal on Thursday said the government expects tax revenues to rise, not fall, following the rationalisation of GST rates, as higher demand will offset any rate cuts.
Taking Stock: Market fails to cheer GST reforms; Sensex, Nifty off day’s high
Nearly 140 stocks touched their 52-week highs on the BSE, including M&M, Zydus Wellness, Maharashtra Scooters, Muthoot Finance, Nuvoco Vistas, Cummins India, Eicher Motors, Nykaa, TVS Motor, Lemon Tree Hotels, Marico, L&T Finance, Dalmia Bharat, MRF, UltraTech Cement, India Cements, Maruti Suzuki, Paytm, among others.
Gold rate today: Yellow metal drops after rally, check latest prices in your city on Sept 4
Gold rate today: Yellow metal's October contracts on the MCX opened at Rs 1,06,500 per 10 grams today.
Nifty takes U-turn from day's high, Sensex erases gains as GST boom fizzes out
Even as investors are optimistic on the GST reforms, Dalal Street's optimism fizzled out in trade on Thursday, September 4.
Sensex retreats 600 pts from day's high on first Thursday expiry, Nifty holds 24,750
Sensex and Nifty continued to trade in positive territory on September 4, though both indices were off the day’s highs as investors booked profits following the GST relief announcements.
GST 2.0 boost fizzles: Sensex falls 700 pts from day's high, Nifty below 24,750; key factors behind market decline
Mixed global cues and profit booking weighed on markets as they pared gains from day's high
Closing Bell: Market fails to hold on to GST cut gains; mid, smallcaps down
M&M, Bajaj Finance, Bajaj Finserv, Apollo Hospitals, Nestle are among top gainers on the Nifty, while losers are HDFC Life, Tata Consumer, Wipro, Bharat Electronics, IndusInd Bank. Among sectors, auto index up nearly 1 percent, FCMG index up 0.3 percent, while IT, media, metal, oil & gas, realty, power, PSU Bank down 0.5-1 percent. BSE Midcap and smallcap indices shed 0.6 percent each.
Markets likely to react positively to GST booster dose for FMCG, auto, insurance, consumer durables and MSMEs, say experts
Experts say that the decision of merging GST rates into 5% and 18% -- while reserving 40% for sin goods -- will benefit many sectors like FMCG, auto, insurance, consumer durables and MSMEs among others ahead of the festive season.
Gold rate today: Yellow metal crosses Rs 1.06 lakh-mark on MCX, check latest prices in your city on Sept 3
Gold rate today: 'Gold extended its rally in the global market to fresh highs, reflecting investor caution amid persistent concerns over prolonged US tariffs and their potential impact on global growth and geopolitical change,' said Vinod Nair from Geojit Investments.
Nifty tops 24,700 after choppy session, Sensex gains 400 points as metal stocks shine
With global uncertainty on the rise, analysts noted that the domestic market also is going to experience high volatility.
Sensex up 400 pts, Nifty above 24,700: Rally in metal stocks among key factors behind market rise
On September 3, Nifty Metal index closed 3% higher and was the top sectoral gainer on China tightening supply and weaker dollar
Nifty sees choppy trade, Sensex flat while metal stocks rally, investors eye GST meet
With global uncertainty on the rise, analysts noted that the domestic market also is going to experience high volatility.
Sensex, Nifty start on a muted note amid weak global cues; All eyes on GST meeting
Metals and autos gained in early trade, while IT stocks extended losses. Broader markets outperformed slightly, with India VIX steady near 11
Closing Bell: Sensex surges over 550 pts from day's low; Nifty reclaims 24,700
Closing Bell: Nifty staged a sharp rebound from the day’s lows, reclaiming the 24,700 mark with triple-digit gains, while midcaps continued their upward momentum. Market breadth remained strong, with the NSE advance-decline ratio at 2:1. Metals shone brightly, marking a third consecutive day of gains
Sensex, Nifty brace for a tepid start ahead of GST meeting - Key levels to watch on September 3
Sensex and Nifty are poised for a weak opening on September 3 amid sluggish global cues, with GIFT Nifty indicating a 30-point drop. All eyes are on the GST Council meeting, which may unveil a revamped tax structure—potentially reshaping consumption-led sectors
Gold races to all-time high above $3,500 on US rate cut prospects
Spot gold was steady at $3,476.48 per ounce as of 0947 GMT, after hitting a record high of $3,508.50 earlier in the session. Bullion has gained 32% so far this year
Nifty slips on first Tuesday expiry, Sensex dives 700 points from day's high as banks drag
Nifty 50 and Sensex gave up their morning gains as investors sold off their banking stocks; ICICI Bank, HDFC Bank and Kotak Mahindra Bank were among the top losers.
Nifty trades higher on first Tuesday expiry, Sensex gains while all sectors shine in green
Investors should wait and watch for developments to unfold amid global uncertainties, noted experts, adding that investments can be focused on domestic consumption plays.
Sensex, Nifty extend gains to second day as volatility eases; Sugar stocks sweeten trade
Sensex and Nifty rose for the second straight session on September 2 as easing volatility and strong moves in Reliance and sugar stocks supported sentiment. Sugar shares surged up to 12 percent after the government allowed ethanol production from sugarcane and sugar syrup
