Sensex, Nifty Set To Open Lower; TCS In Focus Ahead Of Earnings Tata Consultancy Services will be in focus as it will report its March quarter and financial year 2021 earnings later in the day.
Updated: April 12, 2021 8:47 am IST
The Indian equity benchmarks are set to stage a gap down opening as indicated by the Nifty futures traded on the Singapore Exchange. Nifty futures on Singapore Exchange (SGX Nifty) fell 1.67 per cent or 249 points to 14,632, indicating that the markets will see a big fall in the opening deals. Rising Covid-19 cases is likely to hamper the economic recovery of the country and is weighing on the investors sentiment, analysts said.
Sensex Surges Over 400 Points, Nifty Above 15,000 Led By Metal, Banking Shares All the 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Metal index s 3.7 per cent gain
Updated: March 03, 2021 9:46 am IST
Overall market breadth was positive as 1,582 shares were advancing while 604 were declining on the BSE.
The Indian equity benchmarks extended gains to third straight session led by gains in State Bank of India, Reliance Industries, HDFC, HDFC Bank and ICICI Bank. The Sensex rose as much as 480 points and Nifty 50 index moved above its important psychological level of 15,000.
As of 9:25 am, the Sensex was up 362 points at 50,660 and Nifty 50 index advanced 114 points to 15,032.
The benchmark stock indexes hit multiple all-time highs in recent sessions as investors cheered last week's high-spending and growth-focused budget aimed at reviving the economy