Sensex, Nifty see profit booking: Infosys, L&T, ICICI Bank drag

The broader markets also turned lower with the BSE Midcap and Smallcap indices falling 0.3-0.5 percent. The market breadth was weak too as about two shares declined for every share rising on the Bombay Stock Exchange. The government has rolled back its Budget decision to apply 1 percent tax on cash purchase of gold jewellery. … More Sensex, Nifty see profit booking: Infosys, L&T, ICICI Bank drag

Nifty holds 8150 amid consolidation: M&M rebounds, Hero gains 3%

Infosys, Tata Motors, TCS, SBI, ICICI Bank, Hero Motocorp, Coal India and Dr Reddy’s Labs gained 1-4 percent while HDFC, ITC, Asian Paints, Sun Pharma and Adani Ports fell 1-1.5 percent. BHEL plunged 4.5 percent. The Sensex rose 70.93 points to 26724.53 and the Nifty increased 21.70 points to 8178.35. The market breadth was negative … More Nifty holds 8150 amid consolidation: M&M rebounds, Hero gains 3%

Nifty eyes 8150, Sensex firm: Sun Pharma soars 4%, ITC down

Sun Pharma surged 4 percent after Taro earnings. Its subsidiary’s profit declined 24.5 percent but operational performance was strong due to a 16.4 percent fall in R&D cost. Operating margin expanded by 400 basis points at 69 percent YoY. Oil prices dipped in Asia today, pulling back further from the psychological USD 50 level as … More Nifty eyes 8150, Sensex firm: Sun Pharma soars 4%, ITC down

Nifty hits 8000 for 1st time since Nov 2015, Sensex up 250 pts

market gathered more steam in afternoon trade with the Nifty reclaiming 8000 level for the first time since November 6, 2015. In fact, it is trading at fresh 2016 high. The market gathered more steam in afternoon trade with the Nifty reclaiming 8000 level for the first time since November 6, 2015. In fact, it … More Nifty hits 8000 for 1st time since Nov 2015, Sensex up 250 pts

Sensex, Nifty climb over 1% : ICICI Bank leads, Cipla tanks 7%

Cipla plunged 7 percent after disappointing set of earnings. Net profit in Q4 dropped 68.8 percent to Rs 80.9 crore while revenue increased only 5.6 percent to Rs 3,266.5 crore compared to year-ago period. The 30-share BSE Sensex surged 318.23 points or 1.26 percent to 25623.70 and the 50-share NSE Nifty rallied 104.55 points or … More Sensex, Nifty climb over 1% : ICICI Bank leads, Cipla tanks 7%

Nifty ends at 7749, Sensex up 75 pts : Sun Pharma, TCS fall 2%

Jubilant Foodworks was the most active stock on exchanges after CSR report saying the bread available in India could be laced with toxic chemicals and may have toxic chemicals that can lead to thyroid disorders and cancer. The Sensex closed 75.11 points or 0.3 percent at 25305.47 and the Nifty was up 17.80 points or … More Nifty ends at 7749, Sensex up 75 pts : Sun Pharma, TCS fall 2%

Sensex, Nifty erase early gains :Infosys, HDFC, Sun Pharma drag

Infosys, HDFC and Sun Pharma fell more than 1 percent while ITC continued to be top gainer with 4 percent rally. ICICI Bank, Tata Motors, HUL, Bharti Airtel and Adani Ports gained over a percent. Local search engine Just Dial reported 25.08 percent decline in net-profit at Rs 35.33 crore for the quarter ended March … More Sensex, Nifty erase early gains :Infosys, HDFC, Sun Pharma drag

Sensex falls for 2nd day, Nifty ends below 7750,Lupin tanks 9%

Lupin was the leading contributor to Sensex’s fall, crashing more than 9 percent despite a strong quarterly earnings report. The 30-share BSE Sensex slipped 97.82 points to 25301.90 and the 50-share NSE Nifty dropped 33.70 points to 7749.70. The market breadth was also negative as about two shares declined for every share rising on the … More Sensex falls for 2nd day, Nifty ends below 7750,Lupin tanks 9%

Sensex, Nifty still weak; Sun TV tanks 11% as DMK likely to lose

Sun TV tanks 11 percent as DMK is unlikely to return to power in Tamil Nadu. The AIADMK crossed halfway mark and is all set to form government in Tamil Nadu for the second consecutive time. The Sensex is down 81.75 points or 0.32% at 25622.86, and the Nifty down 22.95 points or 0.29% at … More Sensex, Nifty still weak; Sun TV tanks 11% as DMK likely to lose

Sensex loses further, Nifty holds 7800 amid weakness ,SBI gains

Equity benchmarks extended losses in noon trade due to further selling in index heavyweights HDFC, HDFC Bank, Infosys and ITC that fell more than 1 percent. SBI and ONGC outperformed with more than 1 percent upside. State-run Punjab National Bank (PNB) has posted net loss of Rs 5,367.14 crore in January-March crore, which is the … More Sensex loses further, Nifty holds 7800 amid weakness ,SBI gains