NIFTY

Sensex falls below 20,000, down 388 points

Mumbai: The BSE benchmark Sensex on Thursday lost 388 points to fall below 20,000 level on disappointing March quarter earnings from state-run lender State Bank of India, amid weak global trend after US Federal Reserve hinted at scaling down monetary stimulus. Extending losses for the fourth straight day, the 30-share index nosedived by 387.91 points, or 1.93 per cent, to close at 19,674.33, with all the sectoral indices, led by realty and capital goods stocks, in the negative zone. The index had lost nearly 224 points in the previous three sessions.

Similarly, the broad-based National Stock Exchange index, Nifty fell below 6,000 level by losing 127.45 points, or 2.09 per cent, to 5,993.90. MCX-SX flagship index SX40 also closed down by 178.75 points, or 1.51 per cent, at 11,682.3. Country's largest bank SBI on Thursday reported a 18.54 per cent decline in net profit at Rs 3,299 crore for the fourth quarter ended March 31, 2013 on account of lower interest income, causing its shares to plummet over 7 per cent to close at Rs 2,176.20 apiece on the BSE.

Federal Reserve Chairman Ben Bernanke signalling on Wednesday that monetary stimulus may be scaled back if the US economy improves further, triggered selling activity in the entire global region, traders said. Also, reports of manufacturing activity in China contracting in May for the first time in seven months further dampened the trading sentiment further, they added.

Ranbaxy slumped 8.80 per cent to Rs 393.15 after its Japanese 

Sensex at one-week low, down 49 points

Mumbai: Sliding for the third day, the BSE benchmark Sensex on Wednesday fell by 49 points to close at a fresh one-week low of 20,062.24, dragged down by over 5.5 per cent drop in L&T shares after its earnings failed to meet market expectations. The Bombay Stock Exchange 30-share barometer resumed better and moved in a range of 20,220.35 and 20,000.86, before concluding at 20,062.24, a fall of 49.37 points...  

Sensex sheds 112 points as share sales, Fed meet weigh

Mumbai: Benchmark indices fell for the second successive session on Tuesday, as the market is trying to digest the heady gains of the past few weeks. Brokers said share sales by promoters trying to meet the 25 per cent minimum public shareholding rule, and the US Federal Reserve meeting on Wednesday, made buyers cautious. The 30-share Sensex fell 112.37 points to close at 20111.61, and the 50-share Nifty ended at...  

Sensex ends lower; pharma stocks take a hit

Mumbai: Indian shares took a breather on Monday and closed marginally in red on profit booking after hitting fresh 2.5 year highs. Pharma companies dragged key equity benchmarks lower while major auto stocks ended in green. The Sensex closed at 20223.98, down 62 points or 0.31 per cent and the Nifty ended at 6156.90 down 30 points or 0.49 percent. About 1107 shares advanced, 1298 shares declined, and 141 shares...  

BSE Sensex ends flat; midcap stocks outperform

Mumbai: Key equity benchmarks consolidated on Thursday and managed to end in green after touching fresh multi-year highs in trade. Shares of banks, realty, auto, pharma and capital goods continued to see buying in trade and closed with smart gains. The Sensex closed at 20247.33, up 34.37 points or 0.17 per cent and the Nifty ended at 6169.90 up 23.15 points or 0.38 per cent. About 1183 shares advanced, 1270...  

Nifty, Sensex end at highest level since January 2011

Mumbai: The BSE benchmark Sensex on Wednesday rose over 158 points in early trade on sustained buying by funds and retail investors, mainly in realty, banking, auto and metal sector stocks. Also, the wide-based National Stock Exchange index Nifty, regained the 6,000 points level by surging 41.10 points, or 0.69 per cent, to 6,036.50. Rising for the second straight session, the BSE's 30-share barometer rose by 158.19 points, or 0.80...  

Sensex ends flat, shrugs off 41-month low inflation data

Mumbai: Major equity benchmarks consolidated in trade today and closed flat shrugging off 41-month low April WPI inflation number of 4.89 per cent, way below RBI's comfort zone. The Sensex closed at 19722.2 up 30.62 points and the Nifty ended at 5995.40, up 14.95 points. About 1162 shares advanced, 1206 shares declined and 146 shares were unchanged. Key gainers in the Nifty were Ranbaxy Labs, Bank of Baroda, Sun Pharma,...  

Sensex plunges as dollar firms up; ITC leads FMCG slide

Mumbai: Key equity benchmarks plunged 2 per cent on Monday, the biggest single day fall in more than a year, with brokers attributing the crash to profit taking after the recent run up. Signs of a recovery in the US economy also made investors jittery as they feel a portion of global liquidity flows could ease as the Federal Reserve starts tightening its monetary policy. The BSE Sensex closed at...  

Sensex ends 40 points up in special trading session

Mumbai: The BSE benchmark Sensex on Saturday gained 40 points in a special two-hour trading session as investors indulged in selective buying of bluechip stocks tracking gains in healthcare and metal sector shares. The 30-share index, which had regained 20,000 level after over three months on Friday, added another 39.70, or 0.20 per cent to settle at 20,122.32. Similarly, the broad-based National Stock Exchange index Nifty rose by 12,50 points,...  

Sensex ends above 20,000, Nifty at 2013-high on FII buying

Mumbai: The Bombay Stock Exchange (BSE) benchmark Sensex on Friday closed above the much-awaited 20,000 mark after a gap of 100 days and the NSE Nifty closed at its highest level in 2013 on heavy buying in auto, consumer durables, FMCG and banking shares amid improvement in IIP suggesting pick-up in growth. After a better start, the 30-share Sensex ended higher by 143.58 points, or 0.73 per cent to 20,082.62,...  

Sensex snaps 3-day rise; falls 51 points on profit-booking

Mumbai: The BSE benchmark Sensex on Thursday retreated from over three-month high levels by losing 51 points on profit-booking in recent outperformers such as Reliance Industries, Sun Pharma and HDFC Bank ahead of key industrial production data release tomorrow. After gaining over 400 points in past three sessions, the Sensex on Thursday declined by 51.14 points, or 0.26 per cent, to close at 19,939.04. The gauge had hit the crucial...  

Sensex hits 3-month high, rises 215 points

Mumbai: The BSE benchmark Sensex on Tuesday rose over 215 points to close at three-month of 19,888.95 and Nifty regained 6,000-point mark on sustained buying by FIIs in banking, FMCG, realty and auto sector stocks. The Sensex rose by 215.31 points, or 1.09 per cent, to 19,888.95, a level last seen on January 31. The index had gained 98 points in the previous session. The gauge had touched the day's...  

Sensex near three-month high; IT, metal stocks rise

Mumbai: The BSE Sensex closed near a three-month high hit on Thursday, led by gains in stocks beaten down earlier, such as TCS which was up on short covering, and Hindalco, following copper's more than 6 per cent gain on Friday. Among technology shares, Tata Consultancy Services Ltd provisionally rose 3.3 per cent, while in metals, Hindalco Industries Ltd ended 3.7 per cent higher. The BSE Sensex provisionally gained 0.47...  

Sensex declines 160 points on RBI's 'hawkish' policy stance

Mumbai: In a highly volatile trade, the BSE benchmark Sensex on Friday fell by 160 points on profit-booking in interest-sensitive banking, auto and realty stocks as RBI adopted a "hawkish" stance in its monetary policy 2013-14 that overshadowed its 0.25 per cent cut in repo rate. Snapping three days of gains, the Sensex fell by 160.13 points, or 0.81 per cent, to 19,575.64. The index had gained 449 points in...  

Sensex hits 6-week high; rises 117 points led by HUL

Mumbai: The BSE benchmark Sensex on Tuesday rose 117 points to close at a six-week high of 19,504.18 on funds buying in blue chips led by FMCG stocks such as Hindustan Unilever after its parent company Unilever Plc announces open offer to hike stake in its Indian arm to 75 per cent. The Sensex rose by 116.68 points, or 0.60 per cent, to 19,504.18, a level last seen on March...  

Nifty ends 100 points up; ITC hits life high, IT stocks gain

Mumbai: Key equity benchmarks closed in green after consolidating for most part of the day. The action was by and large limited around the stocks that had declared their results. Positive regional shares helped the Nifty to close above 5900 mark once again. Broking house Religare expects to see some correction in Indian stocks in May due to macroeconomic headwinds. The May selloff is likely despite the satisfactory January-March corporate...  

Sensex closes 120 points down; banks, realty stocks take a breather

Mumbai: Key equity benchmarks closed in red on the first day of the new derivatives expiry.Indices have gained over 6 per cent in the last fortnight and seems like traders have lightened their positions in the realty and banking stocks ahead of the monetary policy review on May 3. IT stocks were biggest laggards this week. The Sensex closed at 19286.72 down 120 points and the Nifty ended at 5871.45...  

Sensex ends 227 points up; auto, pharma do well

Mumbai: Key equity benchmark indices closed with hefty gains on expiry day. The Nifty closed at one-month high led by index heavyweights like GAIL, Tata Motors, Dr. Reddys, Axis Bank and NTPC. The Nifty gained close to 4 per cent in the April series. Midcap and smallcap stocks also performed well. Bank Nifty was the star performer with massive 12 per cent gains in this series. The hopes of rate...  

Sensex ends flat on profit-booking ahead of RBI monetary policy

Mumbai: The BSE benchmark Sensex on Tuesday ended flat with a small rise of 10 points as cautious investors indulged in profit-booking ahead of the monthly settlement in derivatives segment and the RBI monetary policy meet on May 3. Trading sentiment further influenced on a weakening Asian trend but better opening in Europe supported the market to end in a positive zone for the third straight day. The Sensex rose...  

Sensex up 153 points to one-month high

Mumbai: The BSE benchmark Sensex on Monday climbed 153 points to close at one-month high level of 19,170 on funds buying in financial and interest sensitive stocks as slowing inflation and lower commodity prices raised hopes of a rate cut by RBI, amid a firming global trend. The Sensex rose 153.37 points, or 0.81 per cent, to close at 19,169.83, a level matching with March 18, led by buying in...