Market Wrap: Sensex and Nifty close higher with Auto sector in the spotlight!
Market Wrap: Sensex and Nifty close higher with Auto sector in the spotlight!
In May, foreign portfolio investors (FPIs) recorded a 9-month high investment of Rs 43,838 crore, driven by a robust domestic macro-outlook and attractive valuations.
On Monday, it is expected that the market will open slightly higher based on the indication from the SGX Nifty. The broader index is anticipated to begin with a positive note, showing a gain of 88.5 points after initiating the session at 18,715.
Market Wrap: Sensex and Nifty 50 end on a higher note!
In the March quarter of 2022-23, the GDP grew by 6.1 per cent, pushing the annual growth rate to 7.2 per cent. With the economy now at USD 3.3 trillion, India is on track to achieve its USD 5 trillion target in the near future.
Based on the SGX Nifty's indication of a positive start for the broader index, with a gain of 70.5 points, it is expected that the market will open slightly higher on June 2. The SGX Nifty opened the session at 18,622.
Market Wrap: Sensex and Nifty end on a lower note!
On May 31, the Ministry of Statistics and Programme Implementation announced that India's GDP growth rate increased to 6.1 per cent in the January-March period, marking the first rise in three quarters.
Wednesday’s trading frenzy was fueled by a delightful influx of MSCI-related flows, injecting a cool USD 550 million into the market.
Market Wrap: Nifty and Sensex ends lower; Nifty Realty and Pharma shines!
Ahead of the final trading day of May, stock futures remained steady on Tuesday evening as investors closely monitored the federal debt ceiling discussion in Washington.
Ahead of the final trading day of May, stock futures remained steady on Tuesday evening as investors closely monitored the federal debt ceiling discussion in Washington.
Market Wrap: Nifty ends higher by 0.19 per cent; Sensex ends higher by 0.2 per cent!
India has regained its position in the global stock market tally, securing the 5th spot with a valuation of $3.31 trillion.
Tuesday's market is expected to have a slight positive opening as indicated by the SGX Nifty, which shows a small positive start for the broader index. The SGX Nifty initially opened the session at 18,689 and is currently up by 15.5 points.
Nifty and Sensex close higher, surpassing levels of 18,500 and 62,800 respectively!
Following a weekend agreement by US President Joe Biden and congressional Republican Kevin McCarthy to suspend the government's debt ceiling, Asian shares and US stock futures experienced an uptick. This deal brings an end to a months-long stalemate and alleviates concerns among investors.
Stocks rallied on Friday as traders grew hopeful of a US debt ceiling deal, avoiding a default. The Dow Jones climbed 1 per cent to 33,093.34, the S&P 500 gained 1.3 per cent to 4,205.45, and the Nasdaq Composite advanced 2.2 per cent to 12,975.69.
Nifty closed around day’s high, Sensex jumped more than 600 points; Reliance industries emerged as the star performer
S&P BSE Sensex jumped nearly 208 points higher and closed at 62,501.69 level. Nifty Midcap 100 and Nifty Small cap 100 ended strong around 0.81 per cent and 0.53 per cent respectively
Nifty witnessed strong follow-up buying after the strong recovery of last trading session. It closed 178.20 points higher at 18,499.35 level. Shree cements, Reliance industries and Sun pharma were the top gainers while ONGC, Grasim and Bajaj-Auto were the top losers amongst Nifty 50 stocks.
Markets recovered strongly from the support level of 18,200; Realty and Consumption stocks contributed the most
Bajaj-Auto, Bharti Airtel and ITC are the top gainers while Wipro, UPL and Tata Motors were the top losers amongst Nifty 50 stocks
Nifty witnessed some selling pressure in the morning session but later it recovered from the support level of 18,200 and rallied higher above the opening levels and made new day's high. It closed 35.75 points higher at 18,321.15 level.
Markets traded volatile for the day; Pharma, Media and FMCG sector traded strong
Sun Pharma, Dr Reddy’s and ITC were the top gainers while Shree Cement, Adani Ports and Tata Motors were the top losers amongst Nifty 50 stocks
Nifty witnessed a roller coaster ride throughout the day as it rallied higher after the gap down opening. Somehow, it lost all gains in the afternoon session to close around the opening levels. It dropped 62.60 points to close at 18,285.40 level.
Nifty closes at 18,350 level; Sensex ends marginally higher, Adani stocks shine
Divi’s Laboratories, Bajaj Finserv and Eicher Motors were also among the top gainers from Nifty 50 stocks
Indices traded higher throughout the day, except for slight profit booking in the last half hour of Tuesday’s trading session. NSE Nifty 50 closed at 18,350 levels while S&P BSE Sensex gained 18.11 points.
Markets ended strongly around day’s high; Adani group stocks emerged as star performers of the day
Sector's like Metal and IT traded strong while Private Banks remained weak for the day
Nifty witnessed follow-up buying after the strong recovery of last trading session. It rallied 111 points to close at 18,314 level. S&P BSE Sensex rose 95.99 points and closed at 61,734 level. Nifty Midcap 100 and Nifty Small cap 100 also rallied strongly and closed 0.63 per cent and 0.55 per cent higher respectively.
Markets witnessed strong recovery from lower levels; Adani Ports and Tata Motors emerged as star performers
Nifty rebounded strongly from lower levels to close around day’s high. It recovered more than 150 points from day’s low and closed 73 points to close at 18,203 level
S&P BSE Sensex also jumped 295.99 points and closed at 61,734 level. Nifty Midcap 100 and Nifty Small cap 100 also recovered strongly and closed nearly flat 0.06 per cent and 0.48 per cent, respectively.