All sectors were trading in green at open, as Nifty PSU Bank gained 1.49 per cent, Nifty Financial Services 25/50 rose 1.26 per cent, Nifty Private Bank climbed 1.15 per cent, and the realty index jumped 1.15 per cent.
The 30-share BSE Sensex climbed 193.64 points to 64,765.52 in early trade. The Nifty advanced 54.55 points to 19,336.30. Among the Sensex firms, JSW Steel, Tata Steel, HCL Technologies, Kotak Mahindra Bank, State Bank of India and Axis Bank were the major gainers. Sensex Climbs 193 Points to 64,765; Nifty at 19,336 As Markets Rebound in Early Trade.
Sensex Today | Stock Market LIVE Updates: Equity benchmark indices bounced back on Tuesday after three days of fall amid recovery in global markets and buying in HDFC Bank post its quarterly earnings. Among the Sensex firms, Power Grid, Bajaj Finance, Tata Steel, HDFC Bank, Tech Mahindra, Wipro, Bajaj Finserv and Titan were the major gainers.HDFC Bank traded nearly 1 per cent up after the company reported a consolidated net profit of Rs 16,811 crore for the September quarter, its maiden quarterly earnings announcement after merging parent HDFC with itself.Larsen & Toubro and Hindustan Unilever were the laggards.In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory.The US markets had ended with gains on Monday.Global oil benchmark Brent crude declined 0.01 per cent to USD 89.64 a barrel.Foreign Institutional Investors (FIIs) offloaded equities worth Rs 593.66 crore on Monday, according to exchange data.The Sensex had declined 115.81 points or
Sensex Today | Stock Market Live Updates: Indian shares fell on Friday dragged by a slide in information technology (IT) and bank stocks, while inflation concerns in the United States also weighed on investor sentiment.Eight of the 13 major sectoral indexes declined. High weightage IT index lost 0.75%, afterInfosys and HCLTech flagged weak client spending and cut their revenue forecast on Thursday.Infosys cut the upper end of its annual revenue forecast to 2.5% from 3.5% and HCLTech lowered its revenue outlook to 4%-5% from 6%-8%.Infosys tumbled as much as 4.5%, while HCLTech shares were volatile, rising 3.5% after losing 1.24% at the open.Bank index lost 0.85%, dragged by a fall in the largest state-owned lender State Bank of India and private lender Axis Bank after global brokerage UBS downgraded both.USB downgraded SBI to "sell" from "buy" and Axis Bank to "neutral" from "buy".While India s September retail inflation eased to a three-month lo
Sensex Today | Stock Market Live Updates: Benchmark indices Sensex and Nifty erased early gains to trade lower on Thursday as IT shares declined after TCS stated that headwinds continue for the sector amid a sluggish economic climate. Rate-sensitive stocks gained after US Federal Reserver s meeting minutes released on Wednesday suggested that the US central bank would not raise interest rates in the near future amid uncertain economic conditions.Among Sensex shares, IndusInd Bank, Axis Bank, SBI, Tata Motors, JSW Steel, ICICI Bank, Maruti, Tata Steel, and M&M advanced in early trade.However, the gains were negated by more than 1 per cent fall in IT major TCS which emerged as leading Sensex loser.The company has stated that the headwinds for the IT sector continue amid a sluggish economic climate. The country s largest software exporter TCS on Wednesday reported an 8.7 per cent increase in its September quarter net profit to Rs 11,342 crore.The Tata Group company also announced a Rs