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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.

Sensex loses for fourth successive session
Posted on 4th October 2019
The Sensex continued its losing streak on Thursday. The benchmark has given up over 800 points in the last four sessions as the Dow lost 800 points over two days over investors remaining worried over slowing growth globally. India markets, too, remained weak for both domestic and global concerns. While the Sensex gave up 198.54 points, or 0.52%, to end the session at 38,106.87 points, the broader Nifty50 settled at 11,314 points, down 45.90 points.

Stock market echoes weak global cues: Sensex slips over 200 points, Nifty at 11,305
Posted on 3rd October 2019
Equity indices were in the negative territory during early hours on Thursday amid weak global cues.

At 11:10 am, the BSE S&P Sensex was down by over 200 points at 38,093 while the Nifty 50 slipped by 54.85 points to 11,305.05.


Rate sensitives plunge on panic selling in banks; YES Bank tumbles 30%
Posted on 1st October 2019
Shares of rate sensitive sectors like banking, real estate and automobile companies came under heavy selling pressure on Tuesday, falling by up to 30 per cent on the National Stock Exchange (NSE).

The Nifty PSU Bank index tumbled 8 per cent in intra-day deals to 2,118, its lowest level since May 2016. Nifty Realty, too, slipped 6 per cent to 241, while Nifty Private Bank and Nifty Auto indexes down 3 per cent and 2 per cent, respectively. In comparison, the benchmark Nifty 50 index down 1.75 per cent at 11,273 points.


Sensex dips 300 points, Nifty down led by fall in private banks
Posted on 30th September 2019
Mumbai: Benchmark equity indices fell another 300 points on Monday, led by a fall in shares of private banks and steel companies. Investors exercised caution ahead of the release of the government’s borrowing plan for the second half of the fiscal year and fiscal deficit data, due later in the day.

Sensex surges over 400 points; bank stocks rally
Posted on 26th September 2019
Mumbai: Equity benchmark BSE Sensex rallied over 400 points in early session on Thursday, led by gains in banking stocks, tracking positive cues from global markets.

After hitting a high of 39,008.83, the 30-share index was trading 384.54 points, or 1 per cent, higher at 38,978.06 at 0945 hours, while the broader Nifty rose 120.75 points, or 1.06 per cent, to 11,560.95.


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