Indian equity benchmarks logged strong gains on December 13 buoyed by positive global sentiment as hopes of an orderly Brexit grew stronger after a landslide election victory for British Prime Minister Boris Johnson. Positive signals due to the US-China trade deal also influenced the mood. Sensex settled 428 points, or 1.05 percent, higher at 41,009.71 while Nifty closed the day with a gain of 115 points, or 0.96 percent, at 12,086.70. Midcaps and Smallcaps, too, witnessed decent gains but underperformed the benchmark Sensex. BSE Midcap closed 0.92 percent up and the Smallcap index settled 0.82 percent up. “Many positive triggers came together today to keep the market up. Possible development around the US-China trade deal, UK election results, likely inflows from Essar Steel case and a strong uptick in global indices were among the factors that boosted the sentiment,” said Rusmik Oza, Senior VP & Head of Fundamental Research at Kotak Securities. As many as 24 stocks ended in the green in the 30-share pack Sensex. Axis Bank, Vedanta, State Bank of India, Maruti Suzuki and IndusInd Bank emerged as the top gainers in the Sensex index. On the other hand, Bharti Airtel, Kotak Mahindra Bank, Bajaj Auto, Asian Paints, HDFC Bank and Hindustan Unilever ended as the losers in the Sensex kitty. For the week, both Sensex and Nifty climbed 1.4 percent. Top Nifty gainers – Axis Bank, Vedanta and Hindalco Industries Top Nifty losers – Dr. Reddy’s Laboratories, Bharti Airtel and Zee Entertainment Enterprises Stocks and sectors
Breaking News
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- Corp Affairs Ministry reviews ILFS resolution progress [...]
- Bond Report: Treasury yields slip while awaiting U.S. – China trade deal confirmation, after rising in past week [...]
- Vegetable oil imports down marginally to 11.28 lakh tonne in November [...]
- Technical View: Nifty forms bullish candle, new highs in sight [...]
- Euro vs USD Forecast: EUR/USD Gears up to 1.1200 Handle – What’s Next? [...]
- Crude Oil Price Analysis: Positive US-China Trade Talk Powers Rally [...]
- In-Depth | When onion made India cry: How onion price rise affects politics, business and the common man [...]
- Boris Johnson’s massive victory leaves Brexit uncertainty hanging over U.K. economy [...]
⚏Today\'s Market
- Taking Stock: Market rises for 3rd day in a row on positive global cues
- India Pre Market News : 13 Dec 2019
- Taking Stock: Bulls charge D-St! Ujjivan Small Finance up 50% on listing day
- India Pre Market News : 12 Dec 2019
- Taking Stock: Late recovery helps Sensex settle 172 pts higher; Yes Bank share price down 15%
⚏India
- Technical View: Nifty forms bullish candle, new highs in sight
- Technical View: Nifty forms bullish candle, a close above 13-day EMA points to positive trend ahead
- Technical View: Nifty forms bullish candle, lower volatility could boost buying
- Technical View: Nifty forms bearish candle, may test 50-day SMA if selling pressure continues
- Technical View: Nifty forms Doji pattern, negative market breadth suggests selling pressure
- #39;Bullish sentiments for Nifty, Bank Nifty in medium to long term#39;
- RSI pullback in SBI suggests buying opportunity
- Time to hedge positions; Kotak Bank, Infosys among 5 stocks that may see upside
- Construct #39;covered call in Ujjivan Financial#39; for getting benefit of USFB IPO listing in coming week
- #39;Nifty may move towards 12,200 in coming days; bet on these 3 stocks for double-digit returns#39;
⚏Economy
⚏Stocks
- In-Depth | When onion made India cry: How onion price rise affects politics, business and the common man
- NHFC crisis poses more bad loan risks for banks: Report
- SoftBank-backed Paytm raises $660 million
- Maruti to add BS-VI diesel variants of Ciaz, Ertiga, S Cross, Vitara Brezza: Report
- Gold shines in 2019; Axis Securities sees yellow metal touching Rs 39,500/10 gm by March
⚏Commodities & Bullion
- Imports of rough diamonds up by 11.11% to $15.5-bn in Apr-Jan period: GJEPC
- Finished steel exports dip 30% in Jan, imports decline 44%: JPC report
- Gold price hits a 15-month high since demonetisation in November 2016
- Crude oil consumption of Indian refineries to grow at 4.5% CAGR: Report
- India shifts export focus to processed fruits, vegetables for better gains
⚏Currencies
- US Dollar Breaking – GBP/USD, EUR/USD Charts for Next Week & More
- Euro vs USD Forecast: EUR/USD Gears up to 1.1200 Handle – What’s Next?
- Crude Oil Price Analysis: Positive US-China Trade Talk Powers Rally
- Rupee trades higher at 70.68 per dollar
- USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jun 26 when USD/CHF traded near 0.98.
⚏Market Outlook
- Here#39;s why Nomura feels 3 road infra companies are a good bet
- Market Headstart: Nifty is seen opening higher; HDFC Life, Avanti Feeds top buys
- Initiating coverage: HDFC AMC and MM among 10 stocks that could return 10-40% in 2020
- Smart money is moving into market ahead of Budget 2020: Atul Suri
- #39;FPIs continue to dominate Indian Equities; mid small-cap stocks to be in limelight#39;
- Market Headstart: Nifty likely to open higher on Fed status quo; Ujjivan Small Finance Bank eyed
- Robust listing: Ujjivan Small Finance Bank debuts with 56% premium at Rs 58
- Ujjivan Small Finance Bank IPO subscribed 1.62 times on Day 1, retail portion by 8.6x
- Subscribe to Ujjivan Small Finance Bank: Nirmal Bang
- Ujjivan Small Finance Bank IPO subscribed 166 times on final day, receives Rs 76,000 cr worth of bids
- Subscribe to Ujjivan Small Finance Bank: LKP Research
⚏Results
No posts were found
⚏World
- Wall Street hits records on news of US-China trade deal
- Central bankers debate tackling climate change
- Asian stocks see brighter world as trade, UK clouds lift
- Asian shares rise as Fed cheer offsets trade, UK angst
- SP 500, Nasdaq higher ahead of Fed meet; Dow hit by Boeing, Home Depot
- Wall Street slips as tariff deadline closes in
- Asian shares adrift as tariff deadline looms
- The perils and rewards of economies in rehab
- Created to democratise credit, P2P lenders are going after big money
- Wall Street falls as Apple, health shares drag, tariff deadline looms
⚏United States
- Boris Johnson’s massive victory leaves Brexit uncertainty hanging over U.K. economy
- Trump congratulates Boris Johnson and calls for ‘massive’ U.S.-U.K. trade deal
- Steak ta-ta? We need to reach ‘peak meat’ in 10 years to combat climate change
- Boris Johnson is heading for the biggest election win since Margaret Thatcher, exit poll predicts
- Pound surges as U.K. exit poll predicts strong Boris Johnson victory
⚏Europe