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Brexit deal, divestment plans boost Sensex, Nifty
Posted on 19th October 2019
Equity market witnessed sixth consecutive session of gains with benchmark indices Sensex and Nifty-50 gaining over 0.6 per cent on positive global and domestic cues after Brexit deal and the Central government planning more PSU divestments to bridge the fiscal deficit gap.

Sensex gained 246.32 points or 0.63 per cent closing at 39,298.38 while the broader Nifty-50 gained 75.50 points or 0.65 per cent to close at 11,661.85.


Sensex rises over 100 points; HDFC Bank, RIL lead gains
Posted on 18th October 2019
Equity benchmark BSE Sensex rose over 100 points in early trade on Friday amid led by gains in index heavyweights HDFC Bank and RIL amid sustained foreign fund inflow.

The 30-share index was trading 122.21 points, or 0.31 per cent, higher at 39,174.27 in morning trade. The broader NSE Nifty advance 32.30 points, or 0.28 per cent, to 11,618.65.


Sensex gains 60 points in early trade led by gains in banking stocks
Posted on 17th October 2019
Equity benchmark BSE Sensex rose over 60 points in early trade on Thursday led by gains in banking stocks amid sustained foreign fund inflows.

Besides, easing global crude prices also helped buying sentiment, traders said.


Sensex rises over 150 points; Nifty nears 11,500
Posted on 16th October 2019
Equity benchmark BSE Sensex advanced over 150 points on Wednesday driven by gains in energy and banking stocks amid sustained fund inflow and positive cues from global equities.

The 30-share index was trading 158.41 points, or 0.41%, higher at 38,664.50 at 0930 hours. Similarly, the broader NSE Nifty rose 50.75 points, or 0.44%, to 11,479.05.


Sensex, Nifty seen steady, domestic macro data may weigh on sentiment
Posted on 15th October 2019
Indian stock markets may stay steady following global peers but domestic macro-economic data may weigh on sentiment on Tuesday. Asian stocks and Wall Street futures inched higher as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week.

Sensex, Nifty a tad higher as demand slowdown concerns kept gains in check
Posted on 14th October 2019
Mumbai: After a volatile opening, Indian markets on Monday rose nearly 0.5% led by gains in energy, auto and banking stocks. Sentiments were also improved after signs of progress in US-China trade negotiations.

At 12.12 pm, the benchmark Sensex Index rose 0.5% to 38306.29 points while Nifty advanced 0.5% to 11361.60 points.


11400 is immediate resistance to Nifty
Posted on 12th October 2019
Domestic benchmark indices Sensex and Nifty closed for the week with gains of over 0.6 per cent on mixed global and domestic cues.

Market sentiments turned positive after the US President Donald Trump signalled towards trade truce between US and China, analysts said. Trump hinted at completing part negotiation on day one.


Stocks gain fresh momentum: Sensex closes 646 points higher, Nifty at 11,313
Posted on 11th October 2019
Equity benchmark indices reversed early losses on Wednesday and surged upwards, led by banking and financial stocks ahead of the Q2 corporate earning results.

At the closing bell, the BSE S&P Sensex was up by 646 points or 1.72% at 38,178. The Nifty 50 wound up 187 points higher at 11,313. At the National Stock Exchange, all sectoral indices were in the positive zone except for IT.


Stocks gain fresh momentum: Sensex closes 646 points higher, Nifty at 11,313
Posted on 10th October 2019
Equity benchmark indices reversed early losses on Wednesday and surged upwards, led by banking and financial stocks ahead of the Q2 corporate earning results.

At the closing bell, the BSE S&P Sensex was up by 646 points or 1.72% at 38,178. The Nifty 50 wound up 187 points higher at 11,313. At the National Stock Exchange, all sectoral indices were in the positive zone except for IT.


Market reaction: Sensex sheds 433 points as growth concerns mount
Posted on 5th October 2019
The Sensex on Friday lost over 433 points, after the Reserve Bank of India (RBI) sharply lowered GDP growth estimates for the current fiscal to 6.1% from 6.9%. The market believes the latest round of rate cuts may not be enough to revive demand. Investor wealth of Rs 1.42 lakh crore was wiped out on Friday, taking the five-day erosion to Rs 5.3 lakh crore.

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