The benchmark BSE Sensex firmed up further by 117 points in late morning trade on sustained buying in consumer durables, healthcare, IT, and energy stocks.

The Sensex opened higher at 25,815.43 and hovered in a range of 25,954.81 points to 25,803.19 points in morning trade. At 1145 hrs, the 30-share barometer was higher by 117 points, or 0.46%, at 25,924.80 points with 24 of the index constituents trading in the green.

The benchmark BSE Sensex dropped by 248 points in early trade on Monday due to profit booking by investors amid weak Asian cues.

Brokers said Prime Minister Narendra Modi favouring increasing tax contribution from various market participants in a “fair, efficient and transparent way”, too triggered selling in early trade.

MUMBAI: The BSE benchmark Sensex marked biggest loss not seen since five weeks, dropping 448.86 points to finish at 26,040.70, while the broader Nifty dipped below the psychological 8,000-level.

Bearishness tagged the trading momentum from day-one of the week, borne by cascading effect of demonitization, it was further restricted by mute sentiment across the globe due to long Christmas and New Year holidays.

Mumbai: Breaking a seven-day losing pattern, the Sensex on Friday reclaimed the key 26,000-mark by recovering 61 points, helped by gains in pharma, auto and capital goods.

For the week, the Sensex lost 448.86 points, or 1.69%, while the broader NSE Nifty dropped 153.70 points, or 1.88%. This is their biggest weekly in five, which is since the week ended 18 November. Domestic investors backed up and covering-up of short positions gave equities a push too.

The National Stock Exchange (NSE) will introduce new interest rate futures (IRF) contracts from December 30 on six-year government bonds maturing in 2022.

The IRF contract is based on 6.84% central government security maturing on December 19, 2022, will be made available for trading from December 30, this year, NSE said in a circular. An IRF contract is an agreement to buy or sell a debt instrument at a specified future date at a pre-determined price.

Stock markets upheld their negative tone for the seventh consecutive session and shed nearly a percent on Thursday. Feeble cues from Asian markets were weighing on sentiments in early trade, which further deteriorated with a slide in select index majors as the day progressed.

Besides, participants were maintaining cautious approach ahead of the beginning of the two-day GST Council meet. Most sectoral indices ended lower in line with benchmark, wherein metal and PSU banks lost the maximum. The Nifty eventually closed with a cut of a percent at 7979.

The Nifty settled marginally lower in a dull trading session on Wednesday, in the absence of any major cue. After a flat start, it hovered in a narrow range till late, but a slide in the last one hour of the trade pushed it into negative territory. The Nifty finally closed 21.10 points lower at 8,061. Most sectoral indices also followed suit and closed on a flat note.

Market experts said that the boredom continues in the market for the fifth consecutive session as the participation from strong hands seems missing towards the fag end of the calendar year.

After a four-day fall, the benchmark Sensex recovered over 53 points on fresh buying by investors in blue-chip stocks despite a weak trend in Asia.

The 30-share index, which had lost 323.12 points in the previous four sessions, recovered 53.28 points, or 0.20 per cent, at 26,427.98.

Falling for the fourth straight session, the benchmark BSE Sensex surrendered another 82 points to quote at 26,406.99 in early trade today on sustained selling by investors and funds amid weak Asian cues. The 30-share barometer was down 82.04 points, or 0.31%, to 26,406.99 in early trade, with sectoral indices led by consumer durables, auto, realty and banking trading lower.

Stocks: The BSE benchmark Sensex fell to mark biggest weekly loss in a month, falling 257.62 points to finish at 26,489.56, while the broader Nifty fell below the crucial 8,150-level.

The market began the week on negative note with dismal IIP data, US president-elect Trumps blunt talk on visas and surging crudeoil affecting the stocks, however, immense caution focused on two day US Fed Reserve policy meeting.

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