Unstructured Finance

Sensex gains in choppy trade

The Sensex fell more than 3 percent early on Tuesday paring yesterday’s gains, but got right back into action on strong domestic buying and closed 0.1 percent up with support from positive global cues.

The benchmark swung from 13,840 in early trade to an intra-day high of 14,930 and then closed at 14,302 on profit taking. The index had gained more than 17 percent on Monday. The Nifty declined to 4,318.45, down 4.7 points.


The rise in the benchmark was led by L&T, ICICI Bank, L&T and SBI.

On the sectoral front, the BSE Realty Index rose 12.8 percent, followed by the Banking Index which ended 6.8 percent higher. The BSE IT Index, however, ended lower at 10.1 percent on a firm rupee.

FIIs bought net $11.1 million in shares and $6.7 million in debt.

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Sensex gains in choppy trade; stress test results eyed

The BSE Sensex closed 1.37 percent higher on Thursday, tracking a rally in global markets on ebbing concerns about the health of the financial sector and the global economy.


Trade was volatile and the benchmark closed 164.19 points higher at 12,116.94, while the Nifty ended 1.62 percent higher at 3,683.90.

The rise in the Sensex was led by Reliance Industries, Sterlite Industries and HDFC.

Sensex falls 1.4 percent, led by ICICI

The BSE Sensex closed 1.4 percent lower on Wednesday as investors booked profits ahead of the fourth phase of India’s general elections on Thursday.

The benchmark closed 178.33 points down at 11,952.75 while the Nifty ended 1.01 percent lower at 3625.05.
INDIA-STOCKS/6PCTThe Sensex fall was led by ICICI Bank, HDFC, ITC and Tata Steel.

On the sectoral front, the BSE realty index shed nearly 3.7 percent. This was followed by the banking index which ended lower by 2.9 percent. All other indices also ended the day in red.

Market choppy on profit booking

The Sensex closed marginally lower after a choppy session on Tuesday, as investors booked profits after the market rose over 10 percent in the previous two sessions.INDIA-STOCKS/6PCT

The benchmark closed 3.6 points down at 12,131.08, while the Nifty ended 0.2 percent higher at 3,661.90.

Wipro, India’s No. 3 software services exporter, said it had won an outsourcing contract from telecoms firm Unitech Wireless. Shares in Wipro ended 1 percent higher at 368.40 rupees.

Sensex gains 2.9 pct, led by Reliance

The BSE Sensex closed 2.9 percent higher on Thursday as investors put aside worries about the world economy and returned to the market.

The benchmark closed 317.45 points higher at 11,134.99, while the Nifty ended 2.8 percent higher at 3423.70.MARKETS-SOUTHASIA-STOCKS/

The rise in the Sensex was led by Reliance Industries, Infosys and ICICI Bank.

On the sectoral front, the BSE IT Index gained nearly 5.22 percent. This was followed by the BSE Metal Index which was up 5.2 percent. However, the BSE Consumer Durable Index bucked the trend and ended 0.06 percent lower.

Sensex choppy on mixed bag of results

The BSE Sensex closed 0.74 percent lower on Wednesday as weak Asian markets dampened sentiments and investors booked profits for a third session.

The benchmark erased early gains and closed 80.57 points down at 10,817.54, while the Nifty ended 1.04 percent down at 3330.3.MARKETS-SOUTHASIA-STOCKS/

The fall in the Sensex was led by L&T, ONGC, BHEL and SBI.

On the sectoral front, the BSE Realty Index lost nearly 4.6 percent. This was followed by the BSE Consumer Durable Index which was down 3.9 percent. However, the BSE FMCG Index bucked the trend and gained 0.18 percent.

Sensex remains choppy despite rate cut

The BSE Sensex closed 0.74 percent lower on Tuesday, tracking weak Asian markets and a downward bias of growth forecast by the RBI.

The benchmark closed 81.39 points lower at 10,898.11, while the Nifty ended 0.35 percent down at 3,365.30.
INDIA-ECONOMY/RATESThe Sensex fall was led by ICICI Bank, L&T, Infosys and SBI.

The Reserve Bank of India (RBI) in its latest policy review slashed its repo and reverse repo rates by 25 basis points each, but left the cash reserve ratio unchanged at 5.0 percent.

Sensex rises amid choppy trade

The Sensex seesawed in early trade today but managed to close 0.57 percent higher, tracking gains in Asian and European markets.

The benchmark closed 61 points up at 10,803.86, with investors locking in gains ahead of the earnings season and national elections.MARKETS SOUTHASIA STOCKS

Reliance Industries, ICICI, L&T and Tata Steel led the benchmark. Tata Steel was also the top index gainer, closing 7.7 percent higher.

Sensex pares early losses to climb 1.97 pct

The Sensex closed nearly 2 percent higher after being down more than 3 percent in early trade.

The benchmark closed 207 points higher at 10,742.34, as short coverings and positive sentiments erased morning losses.

The Sensex took a hit early due to weak global cues as well data released by FICCI that showed exports could take a hit as demand contracts in key markets.
Reliance Industries, ITC, L&T and NTPC led the benchmark. Jaiprakash Associates was the top index gainer, closing 8.7 percent higher.

Reliance leads Sensex rally

The BSE Sensex today crossed the psychological mark of 10,000 and ended 446 points higher, its best close in nearly five months, guided by strong Asian and European markets.

The benchmark index ended at 10,348.83, while the 50-share Nifty ended 150.7 points higher at 3,211.05.
Reliance Industries surged more than 5 per cent on reports the company has started pumping gas from the KG basin, which at full throttle will nearly double India’s gas output.

The Sensex rise was led by Reliance Industries (up 5.2 percent), ONGC (up 8.2 percent) and L&T (up 6.6 percent).