Markets remained rangebound with positive bias after gains in IT majors ahead of their second quarter earnings helped capped further downside.

At 12:35pm, the S&P BSE Sensex was up 74 points at 28,135 and the Nifty50 was up 31 points at 8,728. In the broader market, the BSE Midcap and Smallcap indices were up 0.2%-0.5% each. Market breadth was positive with 1680 gainers and 917 losers on the BSE.

MUMBAI: BSE benchmark Sensex rebounded from last week's sharp tumble, ending the current week with modest gains by 195.18 points at 28,061.14, while broader Nifty garnered 86.45 points to finish at 8,697.60.

The surprise 0.25 per cent rate cut by the new RBI Governor Urjit Patel in its first monetary policy review somewhat sidelined the escalating domestic geo-political tensions due to last week's surgical strike by Indian Army, while global bounce-back following easing worries about future of German giant Deutsche Bank as well as firming oil price gave fresh flip to the market sentiment.

Markets continued to trade in negative terrain with IT majors leading the decline ahead of September US jobs data to be released later today.

At 12:30pm the S&P BSE Sensex was down 67 points at 28,039 and the Nifty50 was down 22 points at 8,688. In the broader markets, the BSE Midcap and Smallcap indices were trading with marginal losses. Market breadth was weak with 1214 gainers and 1207 losers on the BSE.

The benchmark Sensex rebounded almost 104 points today after investors lapped up select blue-chips, tracking a firm trend in rest of Asia.

The 30-share index was trading higher by 103.56 points, or 0.36%, at 28,324.54, with sectoral indices led by oil and gas, capital goods, consumer durables and healthcare leading the charge.

Adding gains for the fourth day on the trot, the Sensex jumped over 143 points and the Nifty retook the 8,800 level in early trade amid foreign capital inflows driven by a higher growth projection for India by IMF. However, the 30-share Sensex and its 50-share counterpart soon gave up the gains and were trading slightly below the red line.

MUMBAI: The Sensex surged by over 159 points on Tuesday as interest-sensitive stocks took the centrestage ahead of RBI's announcement of its policy decision later in the day amid firm Asian cues.

The rupee gained more against the dollar, buoying the overall mood.

Market built on its early gains and scaled higher on buying pick-up, buoyed by manufacturing PMI for September that came in above the 50 mark for the ninth straight month signalling expansion.

The benchmark Sensex rallied 331 points led by realty, auto, energy and industrials.

MUMBAI: Market benchmark Sensex surged over 181 points and the NSE Nifty reclaimed the 8,800-mark on Thursday after global markets cheered a surprise deal by OPEC to cut oil production for the first time in eight years.

Short-covering of bets with Thursday being the last session of September expiry in the derivatives segment kept the momentum on.

The National Stock Exchange (NSE) has extended its concession scheme – NSE MORE – in the transaction charges for the currency derivative segment till November 30.

Earlier, the scheme was available for a period of three months from July 1 to September 30.

India is a promising market for initial public offerings with two of its premier stock exchanges, BSE and NSE, registering the maximum number of IPOs in the Europe, Middle East, India and Africa (EMEIA) region worth $1.8 billion, says an EY report.

According to the quarterly EY Global IPO Trends: 2016, the surge in IPO activity was largely being driven by higher investor confidence in the Indian economy and continuing regulatory reforms.

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