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Market rises for 3rd day, Nifty tops 14,800; metal shine

Domestic indices ended with decent gains on Friday amid positive global cues. The Nifty managed to close above the 14,800 mark after slipping below that level in intraday trade. PSU banks corrected while metals stocks extended rally on improved sectoral outlook. The S&P BSE Sensex, rose 256.71 points or 0.52% to 49,206.27. The Nifty 50 index gained 98.35 points or 0.67% to 14,823.15. The Sensex has risen 1.97% and the Nifty has climbed 2.25% in three consecutive sessions. Global stock market advanced as investors welcomed an encouraging private jobs report from the United States that reinforced optimism that the world s top economy is well on the recovery track. The White House s support for a global waiver on patent protections for Covid-19 vaccines also cheered investors.

India generalUnited statesUnited kingdomWhite houseDistrict of columbiaJoe bidenLabor department bureau of statisticsProcter gamble healthInternational monetary fundJibun bank japan servicesHindalco industriesMinistry of healthA labor departmentWelspun corpExchange board of india sebiTata steel

Market rises for 3rd day, Nifty tops 14,800; metal stocks shine

Domestic indices ended with decent gains on Friday amid positive global cues. The Nifty managed to close above the 14,800 mark after slipping below that level in intraday trade. PSU banks corrected while metals stocks extended rally on improved sectoral outlook. The S&P BSE Sensex, rose 256.71 points or 0.52% to 49,206.27. The Nifty 50 index gained 98.35 points or 0.67% to 14,823.15. The Sensex has risen 1.97% and the Nifty has climbed 2.25% in three consecutive sessions. Global stock market advanced as investors welcomed an encouraging private jobs report from the United States that reinforced optimism that the world s top economy is well on the recovery track. The White House s support for a global waiver on patent protections for Covid-19 vaccines also cheered investors.

India generalUnited statesUnited kingdomWhite houseDistrict of columbiaJoe bidenLabor department bureau of statisticsProcter gamble healthInternational monetary fundJibun bank japan servicesHindalco industriesMinistry of healthA labor departmentWelspun corpExchange board of india sebiTata steel

Sensex tumbles 465 pts, Nifty slides below 14,500; PSU banks rally

The domestic equity indices ended with steep losses on Tuesday as mixed global cues and rising COVID-19 cases weighed on investors sentiment. The Nifty closed below the 14,500 mark after hitting a high of 14,723.40 in early trade. Strength in public sector banks was offset by weakness in pharma and auto stocks. The barometer index, the S&P BSE Sensex, fell 465.01 points or 0.95% at 48,253.51. The Nifty 50 index declined 137.65 points or 0.94% at 14,496.50. Reliance Industries (down 2.18%), HDFC bank (down 1.74%), HDFC (down 1.73%) and Infosys (down 1.65%) were major drags. The market breadth was negative. The BSE Mid-Cap index lost 0.50% and the BSE Small-Cap index slipped 0.57%. Among the sectoral indices on the BSE, the S&P BSE Oil & Gas index (up 0.72%), the S&P BSE Utilities index (up 0.19%) and the S&P BSE Capital Goods index (up 0.06%) outperformed the S&P BSE Sensex. The S&P BSE Healthcare index (down 1.50%), the S&P BSE Energy index (down 1.36%) and the S&P BSE Telecom

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Benchmarks end almost flat amid volatility; Nifty ends near 14,900

The domestic equity indices advanced for the fourth trading session on Thursday. The Nifty closed a tad below 14,900 level after briefly crossing the 15,000 mark in early trade. Trading was volatile due to expiry of monthly derivatives contracts on the NSE today. Metal stocks continued to outshine other sectors on strong outlook. Global stock markets were positive after the US Federal Reserve pledged to maintain easy monetary policy to aid economic recovery. The barometer index, the S&P BSE Sensex, rose 32.10 points or 0.06% at 49,765.94. The Nifty 50 index added 30.35 points or 0.20% at 14,894.90. Both these indices jumped about 3.9% in four straight sessions. Bajaj Finserve (up 6.60%), Bajaj Finance (up 3.89%), Axis Bank (up 1.65%) and Reliance Industries (up 1.36%) supported the indices.

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Indices decline after choppy trade; Nifty ends below 14,350

Indices decline after choppy trade; Nifty ends below 14,350
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