RBI steps up offshore forex defence to shield rupee
The central bank has built up short dollar positions of at least $15 billion in the non-deliverable forwards market over the past two to three weeks
Nifty and Sensex open higher as pharma stocks lift sentiment; all eyes on TCS earnings
Analysts adivse traders to 'buy-on-dips', and fresh long positions should be considered only if the Nifty sustains above the 25,250 mark.
Nifty, Sensex may open in green on positive global cues, key levels to watch on October 9
According to analysts, while global cues will remain influential, market focus is expected to shift toward domestic earnings and the festive season momentum.
Closing Bell: Sensex up 398 pts, Nifty near 25,200; IT, metal, pharma gain
On the sectoral front, pharma, oil & gas, realty, metal, PSU Bank IT added 0.5-1 percent. BSE Midcap index jumped 0.75%, while smallcap index ended flat. Biggest Nifty gainers were HCL Technologies, JSW Steel, Tata Steel, SBI Life Insurance, Interglobe Aviation, while losers were Tata Consumer, Axis Bank, Maruti Suzuki, Titan Company and Bharti Airtel.
Taking Stock: Market snaps 4-day gains; Nifty below 25,100, Sensex drags 153 pts
Among sectors, except consumer durables (up 0.7), IT (up 1.5%) all other sectoral indices ended in the red with realty, telecom, pharma, oil & gas, media, PSU Bank, auto down 0.3-2%.
Nifty closes under 25,100, Sensex snaps 4-session winning streak in a volatile session
Domestic equity benchmark indices Nifty 50 and 30-share Sensex erased their morning gains to settle with losses for the October 8 session.
Silver rate today: Silver hits fresh all-time highs; check latest prices in your city on October 8
Silver rate today: Silver futures with December expiry on MCX hit an all-time high level of Rs 1,48,724 per kilogram today.
Gold rate today: Yellow metal at fresh lifetime highs; check latest prices in your city on October 8
Gold rate today: Gold futures on MCX with December expiry hit an all-time high level of Rs 1,22,780 per 10 grams today.
Nifty slips under 25,100, Sensex erases morning gains as investors book profits amid weak global cues
Domestic equity benchmark indices Nifty 50 and 30-share Sensex erased their morning gains to trade with losses in the afternoon session on October 8.
Gold Dec futures hit new record high of Rs 1.22 lakh/10 gm; analysts decode near-term trend for precious metal
Analysts however advise caution, suggesting that investors may resort to profit booking at these elevated levels, resulting in some consolidation in short-term.
Closing Bell: Sensex down 153 pts, Nifty below 25,050; IT shines ahead of TCS earnings
BSE Midcap index shed 0.7% and Smallcap indices declined 0.4%. Among sectors, except consumer durables, IT all other sectoral indices ended in the red with realty, telecom, pharma, realty, oil & gas, media, PSU Bank, auto down 0.3-2%. Tata Motors, UltraTech Cement, Jio Financial, ONGC, NTPC were among major losers on the Nifty, while gainers were Titan Company, Infosys, TCS, Tech Mahindra and Bharti Airtel.
Taking Stock: Market gains extend on 4th day; Nifty above 25,100, Sensex rises
Jio Financial, Bharti Airtel, Eternal, Eicher Motors, HCL Technologies were among major gainers on the Nifty, while losers included Trent, Tata Motors, Axis Bank, Tata Consumer and HUL.
Nifty settles above 25,100 on weekly expiry, Sensex rises for fourth day even as FMCG drags
Dalal Street maintained its upward momentum for the fourth consecutive session. The Nifty index climbed to an intraday high of 25,220, but encountered some profit booking.
Gold rate today: Yellow metal extends rally to hit fresh record highs; check latest prices in your city on October 7
Gold rate today: Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on October 7.
Nifty holds above 25,100 on weekly expiry, Sensex gains 300 points as banking, auto stocks rise
Despite persistent FII selling, the Nifty 50 and Sensex have risen for four consecutive sessions, driven by strong DII buying and hope for improving earnings growth.
Nifty tops 25,100, Sensex gains for fourth session as metal stocks outshine
Despite persistent FII selling, experts advise investors to buy-on-dips as the bulls remain in control, despite the volatility.
Will Nifty extend gains to fourth session to hold above 25,000? Key levels to watch on October 7
As long as Nifty holds above 24,950 and Bank Nifty sustains above 55,700, dips are expected to attract buying interest, keeping the broader uptrend intact, noted analysts .
Closing Bell: Nifty at 25,100, Sensex up 137 points; realty, telecom shine
Among sectors, energy, oil & gas, pharma, telecom, consumer durables rose 0.3-2%. BSE Midcap index added 0.4% and smallcap index was ended marginally lower. Jio Financial, Bharti Airtel, Eternal, Eicher Motors, HCL Technologies were among major gainers on the Nifty, while losers included Trent, Tata Motors, Axis Bank, Tata Consumer and HUL.
Taking Stock: Nifty rises for a third day to reclaim 25,000, Sensex higher on IT, pharma, banking rally
Nearly 200 stocks touched their 52-week high on the BSE, including KIOCL, Fortis Healthcare, Nykaa, Poonawalla Fincorp, Bank of Baroda, Muthoot Finance, Canara Bank, Hindustan Copper, Indian Bank, Aditya Birla Capital, Nippon Life India Asset Management, L&T Finance, among others.
Gold rate today: Yellow metal at fresh record highs; check latest prices in your city on October 6
Gold rate today: Check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on October 6.
Sensex surges 250 pts, Nifty extends gain to 3rd day led by banking stocks; all eyes on twin mega IPOs
Indian markets continued their winning streak for a third session on October 6, driven by financials and positive Q2 updates. Investors shifted focus to two major IPOs — Tata Capital and LG Electronics India — even as attention turns to TCS results kicking off this week.
Closing Bell: Nifty above 25,000, Sensex rises 583 pts led by IT, financials
Biggest Nifty gainers were Max Healthcare, Shriram Finance, Apollo Hospitals, TCS, Tech Mahindra, while losers included Tata Steel, Adani Ports, Power Grid Corp, ITC and NTPC. Among sectors, IT index rose 2 percent, healthcare index rose 1 percent, private bank index up 1.2 percent, oil & gas index up 0.7 percent and PSU Bank index was up 0.4 percent, while metal, media, FMCG, down 0.3-0.9 percent. The BSE midcap index rose 0.7 percent, while smallcap index ended marginally lower.
Bullion poised to extend record-breaking rally amid likely extension of US shutdown
Most importantly, with no weekend votes expected, the Senate's failure to pass funding bills on Friday means the shutdown will enter its sixth day on Monday. The ongoing data blackout, including the non-release of the official jobs report, clouds the Fed’s monetary policy outlook.
RBI bid to globalize rupee to test India’s market depth
The path to internationalize the rupee is fraught with challenges, according to experts
