Carnage contiues on D-St on Brexit woes: wild moves in currency

Tata Motors, Tata Steel, ICICI Bank, Axis Bank and L&T are losers in the Sensex. Nifty recovered 90 points from day’s low while Sensex recovered 280 points from day’s low. The Sensex is down 840.89 points or 3.1 percent at 26161.33, and the Nifty down 263.40 points or 3.2 percent at 8007.05. About 318 shares … More Carnage contiues on D-St on Brexit woes: wild moves in currency

Nifty reclaims 8200, Sensex up 300 pts: SBBJ, SBI, SBT up 5-20%

State Bank of India surged nearly 5 percent after the Cabinet has approved merger of five subsidiary banks with itself. State Bank of Bikaner and Jaipur, State Bank of Mysore and State Bank of Travancore rallied 20 percent each. Equity benchmarks rallied further in late trade. The Sensex surged 307.38 points or 1.16 percent to … More Nifty reclaims 8200, Sensex up 300 pts: SBBJ, SBI, SBT up 5-20%

Sensex, Nifty, Midcap under pressure:rupee slips below 67/$

The broader markets were down 0.7 percent as about 1526 shares declined against 891 advancing shares on Bombay Stock Exchange. European stocks traded sharply lower as investors look ahead to crucial central bank decisions from the US and Japan this week and uncertainty over “Brexit” shook markets. The pan-European STOXX 600 was down 1.18 percent. … More Sensex, Nifty, Midcap under pressure:rupee slips below 67/$

Sensex falls 100 pts, Nifty below 8200

Equity benchmarks continued to fall. The Sensex fell 133.64 points to 26629.82 and the Nifty slipped 35.80 points to 8167.80. Equity benchmarks remained under pressure in afternoon trade with the Sensex falling 104.75 points to 26658.71 and the Nifty declining 28.35 points to 8175.25. The broader markets too were marginally lower after the breadth turned … More Sensex falls 100 pts, Nifty below 8200

Sensex falls over 150 pts, Nifty breaks 8250

Equity benchmarks remained under pressure with the Sensex falling 148.47 points to 26872.19 and the Nifty declining 39.10 points to 8233.95. However, the market breadth was positive as about 1108 shares advanced against 902 declining shares on BSE. The Nifty is likely to see a sharp upmove to 8,700-8,800 levels if two key events — … More Sensex falls over 150 pts, Nifty breaks 8250

Sensex, Nifty still flat: ICICI & BHEL up, Infosys down 1%

ICICI Bank, BHEL, Bharti Airtel, ONGC and Hero MotoCorp are top gainers in the Sensex while Asian Paints, Infosys, HDFC Bank, TCS and Coal India are losers.   The market is still unable to budge from the levels seen in early trade. The Sensex is up 43.36 points or 0.2 percent at 27053.03, and the … More Sensex, Nifty still flat: ICICI & BHEL up, Infosys down 1%

Bulls wait & watch ahead of RBI policy; SBI & BHEL gain 1%

M&M, GAIL, SBI, Cipla and BHEL are top gainers while Maruti, Adani Ports, Bharti Airtel, Axis Bank and Coal India are major losers in the Sensex.   The market is flat ahead of RBI monetary policy review on June 7. The Sensex is up 0.02 points at 26843.05, and the Nifty down 2.10 points at … More Bulls wait & watch ahead of RBI policy; SBI & BHEL gain 1%

Nifty holds 8250, Sensex strong as bulls gear up for monsoons

Axis Bank, Bajaj Auto, Hero MotoCorp, Tata Steel and ICICI Bank are top gainers while Bharti Airtel, Lupin, GAIL, Dr Reddy’s Labs and BHEL are losers in the Sensex. The market is still holding gains as the Nifty is still above 8250 as bulls seem to be gearing up for monsoon. The 50-share index is … More Nifty holds 8250, Sensex strong as bulls gear up for monsoons