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Nifty gains 23 points on select buying; Infosys hogs limelight
Posted on 13th June 2014
Equities bounced back and posted modest gains today after overnight fall on the NSE led by select blue-chips ahead of key economic data on a day when top level changes at IT giant Infosys dominated the market.

Firm buying in healthcare, FMCG, auto, financial and technology counters supported the recovery, but selling in index-heavyweights Infosys, which got its first outsider CEO in Vishal Sikka, Bharti Airtel and ICICI Bank capped gains.


Nifty holds 7,650 mark; Infosys zooms 5%
Posted on 11th June 2014
Benchmark indices continue to trade in a narrow range with positive bias led by IT shares.

At 10:10 AM, the 30-share Sensex was up 18 points at 25,601 and the 50-share Nifty was up 4 points at 7,660.

On the global front, the euro came under mounting pressure on Wednesday as the European Central Bank's liquidity package encouraged flows out of the zone, while Asian shares consolidated near recent highs following a flat finish on Wall Street.


Sensex scales above 25600, Nifty hits 7600; top ten stocks in focus
Posted on 9th June 2014
NEW DELHI: The S&P BSE Sensex rallied over 200 points in trade on Monday to touch its fresh lifetime high of 25604.33, while Nifty also managed to hit its crucial psychological level of 7600 in trade today.

Benchmark indices hit record all-time high led by gains in capital goods, oil & gas, realty and power sectors as foreign institutional investors continued to pump in dollars on hopes of a reformist budget. The indices are likely to move higher in the trade taking cues from supportive Asian markets as well.


Sensex conquers Mt 25k, finally
Posted on 6th June 2014
After two failed attempts on earlier occasions, the BSE benchmark Sensex on Thursday closed above the 25,000 mark, for the first time ever, on continued optimism about a turnaround in the domestic economy with a stable government at the centre.

The market got a boost from metal and mining stocks, which surged for a third straight session after positive manufacturing data from China earlier this week aided sentiment.


Sensex trades flat after RBI leaves repo rate unchanged
Posted on 3rd June 2014
Mumbai: The 30-share bellwether BSE Sensex on Tuesday was trading flat after the Reserve Bank of India (RBI) opted to keep its key lending rate unchanged.

RBI retained the repo rate, at which it lends short-term funds to banks, at 8% but reduced the statutory liquidity ratio (SLR) to 22.5% from 23%, effective the fortnight starting 14 June.


Sensex up over 350 points, Nifty above 7,300
Posted on 2nd June 2014
MUMBAI: The Sensex began the week on a promising note, snapping two-day losing streak. It gained over 350 points, led by gains in capital goods, oil & gas and power.

The next trigger for the market will be any positive surprise from the Reserve Bank of India at its policy meet tomorrow, say analysts. However, the central bank is likely to keep interest rates unchanged tomorrow, says ET poll.


Markets near day's lows; Nifty slips below 7,300
Posted on 29th May 2014
Markets were trading near their day's lows after the first hour of trade weighed down by sell-off in Infosys after after B G Srinivas, President and Board member tendered his resignation from the company. This was the 10th high level exit from the company.

At 10:45AM, the 30-share Sensex was down 145 points at 24,411 and the 50-share Nifty was down 35 points at 7,294.


Sensex again retreats from Mt 25K
Posted on 27th May 2014
The BSE benchmark Sensex on Monday again retreated from the 25,000 mark due to profit-taking in several blue-chip stocks, after a sharp rally this month.

In an extremely volatile trading session, certain stocks, especially of capital goods and realty companies, fell as much as 30 per cent from their day’s highs, as investors judged recent gains excessive.


Sensex regains 25k mark ahead of Modi’s swearing-in
Posted on 26th May 2014
The benchmark BSE Sensex regained the 25,000 mark by soaring 344 points in opening trade on Monday on increased buying by foreign funds and retail investors ahead of swearing-in of Narendra Modi as the 15th Prime Minister of India.

Rising for the third straight session, the 30-share Sensex shot up by 344.19 points, or 1.39 per cent, to trade at 25,037.54 with all the sectoral indices, led by power, PSUs, capital goods, auto, realty and banking sectors, trading in positive zone and rising up to 2.13 per cent.


Indian equities top Asian charts in CY14 as Sensex, Nifty climb further
Posted on 24th May 2014
Benchmark equity indices advanced for the second consecutive session on Friday as better-than-expected results by State Bank of India (SBI), the country's largest lender, saw overseas funds participate in share purchases of banks and cyclical stocks after previous two straight sessions of profit booking.

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