The BSE Sensex ended 2.6 percent up on Thursday on good corporate results and robust economic data.

Data released on Thursday showed infrastructure output grew 6.5 percent in June while the Wholesale Price Index fell 1.17 percent in the 12 months to July 11.

The 30-share sensitive index swung from an intra-day low of 14,843 to an intra-day high of 15,264 and closed 388 points higher at 15,231.

The fifty-share Nifty ended 2.8 percent up to 4,523.

On the sectoral front, the BSE Realty Index rose 5.08 percent, followed by the Consumer Durable Index which ended 4.4 percent higher. All other indices ended the day in the green.

Bharti Airtel came out with forecast-beating 24 percent rise in quarterly profits, while Maruti Suzuki reported an unexpected 25 percent rise in quarterly net profits.

Shares in Bharti Airtel ended 1.09 percent down at 813, while Maruti Suzuki ended 6.4 percent higher at 1295 rupees.

On the global front too, investor sentiment remained strong on forecast-beating earnings from major firms which raised expectations for a global economic recovery.

Do you think the Sensex will continue upward on strong corporate earnings and positive economic data?

The BSE Sensex erased early morning gains of over 2 percent and ended 1.46 percent down on Wednesday as weak sentiments across Asia downplayed investor sentiments.

The 30-share sensitive index swung from an intra-day high of 15,369 to an intra-day low of 14,786 and closed 219 points lower at 14,843.

The fifty-share Nifty ended 1.57 percent down to 4398.

IT and capital goods stocks saw some heavy selling while most of the other sectors pared their early gains.

On the sectoral front, the BSE Capital Goods Index dropped 1.87 percent, followed by the Auto Index which ended 1.61 percent lower. All other indices ended the day in the red.

Wipro Ltd beat estimates with a 13 percent rise in quarterly profit but joined its bigger rivals in giving a cautious forecast due to uncertainty in the global economy.

Shares in Wipro ended 1.52 percent lower at 451 rupees on the muted outlook.

On the global front, some profit taking in European markets and a word of caution from U.S. Federal Reserve Chairman Ben Bernanke on the U.S. unemployment rate remaining high undermined consumer confidence.

Do you think the markets would fall further on fears of slowing economic recovery?

The BSE Sensex ended 0.85 percent down on Tuesday, as investors saw an opportunity to book profits after the market rallied 13.4 percent over the past five sessions.

The 30-share sensitive index swung from an intra-day high of 15,234 to an intra-day low of 14,955 and closed 128 points lower at 15,062.

The fifty-share Nifty ended 0.74 percent down to 4,469.

The fall in the Sensex was led by ICICI Bank, ITC and Infosys.

IT stocks felt some heat after a sharp rally triggered by better-than-expected Q1 June 2009 results by TCS, India’s top software services firm by sales.

The decline in IT stocks was led by TCS which fell 4.5 percent after surging over 15 percent on Monday. Infosys dropped 1.5 percent and Wipro was down 0.46 percent.

On the sectoral front, the BSE IT Index dropped 1.74 percent, followed by the Power Index which ended 1.7 percent lower. However, the BSE Metal Index closed 1.25 percent higher.

Shares in Tata Steel ended 5.2 percent higher while shares in Suzlon ended 3.9 percent lower after they launched global depositary share offers on Monday to raise a combined $702 million.

Do you think profit-taking would continue for the week as markets have rallied 13.4 percent over the past five sessions?

The BSE Sensex extended gains on Monday to cross the 15,000 mark as hopes of recovery in corporate earnings boosted confidence worldwide.

The 30-share sensitive index swung from an intra-day low of 14,854 to an intra-day high of 15,209 and closed  446 points higher at 15,191. The fifty-share Nifty ended 2.91 percent higher at 4502.

IT stocks rose on better-than-expected Q1 results by TCS, India’s largest IT exporter by sales, announced after trading hours on Friday. Shares in TCS ended 15.34 percent higher at 500.10 rupees.

On the sectoral front, the BSE IT Index rose 7.2 percent, followed by the Realty Index which ended 4.91 percent higher. However, the BSE FMCG Index closed 0.49 percent lower.

Shares in Reliance Industries, which challenged a lower court ruling to supply gas to Reliance Natural at below-market price, ended 5.03 percent higher, while Reliance Natural shares were down 2.6 percent.

Do you see the market uptrend continuing this week?

The BSE Sensex closed 3.5 percent higher on Friday, taking the week’s gains to over 1200 points as investors cheered the government’s talk of reforms.

Investor sentiments also had plenty of support from strong global markets.

The benchmark posted a near 500-points gain with stocks like ICICI, HDFC and ITC surging. The Nifty index rose by over 140 points.

The top Sensex gainers were Reliance Infra and M&M, both rising over 8 percent, and JP Associates which gained 7.2 percent.

The rally was broad-based and all sectoral indices ended in the positive. The auto index led the pack with an over 5 percent rise. Stocks like Tata Motors and Hero Honda gained over 6 percent each.

The Bankex gained 4.7 percent. Canara Bank rose 7.7 percent while ICICI ended 6.8 percent higher. India’s largest public sector bank, SBI, was up 4.1 percent.

The benchmark has ended the week at 14,745, having recovered most of its post-budget losses. Do you think the uptrend will continue into next week and push the Sensex over 15,000?

It was a lacklustre day for the Sensex which ended three points lower at 14,250 as investors booked profits after a two-day rally.

Engineering and construction firm Larsen & Toubro fell 3.6 percent and was the main stock that pushed the benchmark lower. Earlier in the day the company had announced its Q1 net profit had risen to 15.98 billion rupees.

Top listed firm Reliance Industries posted a smart rise of 3.1 percent to close at 1934 rupees.

The top Sensex losers included Sterlite Industries, which was down over 6 percent, and Reliance Infra which ended nearly 4 percent lower.

Sectorally, the auto index topped the space with a 1.95 percent rise. TVS Motors gained more than 10 percent while Maruti Suzuki and Hero Honda gained over 3 percent each.

The BSE capital goods, metals, banking and realty indices ended the day in negative territory.

Do you think the benchmark will post decent gains on Friday and end the week on a high note?

It was another good day on Dalal Street with the benchmark gaining 400 points to close at 14,253, as investor confidence was boosted by strong results by two U.S firms.

The Nifty index rallied 122 points to close above the 4,200 mark.

Reliance Industries led the benchmark’s rise with a 3.5 percent jump. L&T’s rise of 4.1 percent also gave support.

The top Sensex gainers were Hindalco Industries (up 8.2 percent) and JP Associates (up 7.7 percent). Infosys (down 0.8 percent) was the only index component to close in the red.

All sectors ended with decent gains on BSE, with the realty index adding 8 percent and the metal index gaining 5.6 percent.

Top realty firm DLF gained over 7 percent while Unitech rose nearly 5 percent. Bhushan Steel rallied over 22 percent and was the top metal index performer.

With Wednesday’s rise, the Sensex has added over 850 points in two sessions. Do you think this trend will continue?

Investors breathed a sigh of relief on Tuesday as the Sensex jumped 453 points to 13,854, regaining some ground after losing over 1500 points in the past six sessions.

The stock market took cues from strong global markets and upbeat economic data from some regions.

ICICI Bank rose over 7 percent, Reliance Industries gained 3.6 percent while HDFC ended 7.2 percent higher.

HDFC Bank announced its quarterly numbers on Tuesday and was the only stock in the benchmark to close in the red.

All sectors ended with smart gains with the realty index leading the pack with a 9.3 percent rise. DLF, the top Sensex gainer on Tuesday, was up over 11 percent. Unitech rose 8.6 percent.

Among other sectors, metal and consumer durables indices rose over 5 percent each.

Prominent among mid-caps were SREI Infra (up 20 percent) and 3i Infotech (up 11.4 percent).

Do you think the gains from Tuesday’s rally are sustainable and we can recover further?

The Sensex clawed back from mid-day losses on Monday but still closed 103 points lower at 13400, adding to last week’s slide of over 1400 points.

Worries about the global economy and corporate results weighed on investor sentiments throughout trade, which saw the benchmark hitting the day’s low of 13,220.

The fall in the index was led by Reliance Industries, which lost 1.7 percent, and L&T which dropped 2.1 percent. Reliance Infra was the top index loser with a slump of over 6 percent.

The BSE Info Tech index bucked the trend and gained 1.7 percent with stocks such as HCL Tech and Infosys adding 2.8 and 2.4 percent respectively.

On the other hand, the BSE Consumer Durables Index was the worst hit with losses of 5.6 percent, followed by the realty and metal indices, both dropping over 3.5 percent.

Gammon Infra was down over 17 percent at one point after a Delhi Metro bridge the contractor was working on collapsed on Sunday. Its shares recovered later and closed 2.73 percent higher.

The mid-cap index lost 2.8 percent, with stocks such as SREI Infra dropping 17.8 percent and Bajaj Hindustan losing 12.7 percent.

The Sensex has begun the week on a downward trend. Do you see any signs of a bounce back soon?

After the stock market’s thumbs down to the budget on Monday, the weakness continued all week with the Sensex registering a drop of over 1400 points in five sessions.

On Friday the benchmark closed 253 points lower at 13,504 on worries over the monsoon and global economy.

Reliance Industries led the fall, dropping nearly 4 percent, whereas losses in HDFC, SBI and L&T also pushed the benchmark lower.

Infosys shares gained nearly 3 percent after it declared better than expected Q1 numbers.

Gains in Infosys helped the BSE Info Tech index gain over 2 percent, but all other sectors closed in the red.

The oil & gas index was the worst hit, with losses of 3.2 percent. Indices for power, capital goods and  realty shed over 2 percent each.

It has been a bad week for the stock market with the Sensex posting its worst weekly drop in 2009. Do you think the uncertainties will continue, pulling the market further down?