Taking Stock: Weak global cues drag Nifty below 15,150, Sensex falls 379 points

Weak global cues weighed heavy on Indian shares that came under selling pressure for the third consecutive day on February 18, dragging the Nifty below the crucial 15,150-mark. At close, the Sensex was down 379.14 points or, 0.73 percent, at 51,324.69 and the Nifty was down 89.90 points, or 0.59 percent, at 15,119. “The market remained […]

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Taking Stock: Sensex claims 52K, Nifty breaches 15,300 for the 1st time; realty, financials stocks fuel the rally

After a week of consolidation, Indian market resumed its bullish momentum gaining over 1 percent to hit fresh record highs on February 15. The 30-share Sensex claimed 52,000 and the 50-share Nifty crossed 15,300 for the first time fuelled by realty and financials stocks. At close, the Sensex was up 609.83 points or 1.18% at 52,154.13, and the […]

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Taking Stock | Bulls maintain grip on D-Street for 6th straight session as Sensex, Nifty end 1% higher

The market continued its upward march for the sixth consecutive session on February 8 with benchmark indices logging over 1 percent gains. At close, the Sensex was up 617.14 points or 1.22 percent at 51,348.77 and the Nifty was up 191.50 points or 1.28 percent at 15,115.80. “Next target was Nifty is 15,200 and if the rally sustains, we could head towards 15,500 […]

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Taking Stock | Winning streak continues for 5th straight day on supportive RBI policy; Nifty crosses 15K intraday

The economy-supportive policy action by Reserve Bank of India (RBI) added fuel to the growth-oriented Budget rally on the fifth consecutive day on February 5 with indices hitting fresh record highs. At close, Sensex was up 117.34 points or 0.23% at 50,731.63, and Nifty was up 28.60 points or 0.19% at 14,924.30. Reserve Bank of […]

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Taking Stock | Budget euphoria takes Sensex to 50K; Bank Nifty at record high

The Indian market continued its upward march for the second session on February 2, a day after Finance Minister Nirmala Sitharaman presented the Union Budget. The announcements revitalised bulls as they took Sensex to 50,000 and Bank Nifty to a record high. Positive macro data further bolstered the already surging benchmark indices. In January 2021, exports grew 5.37 percent YoY […]

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Taking Stock | Market gives a thumbs up to Budget 2021 as Sensex breaks 6-day losing streak to jump 2,300 pts

A historical Budget saw an equally historic rise! Indian market snapped six-day losing streak to rise nearly 5 percent as investor cheered Budget proposals made by Finance Minister Nirmala Sitharaman on February 1. At close, the Sensex was up 2,314.84 points or 5 percent at 48600.61, and the Nifty was up 646.60 points or 4.74 percent at 14281.20. […]

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Market cheers Budget 2021 as Sensex rises 2,315 points, IndusInd, ICICI Bank among top gainers

The market snapped its six-day losing streak, as the BSE Sensex surged more than 2,300 points after Finance Minister Nirmala Sitharaman spelled out the Modi government’s plan for economic recovery in her Budget 2021 tabled in Parliament on February 1. The banking, auto, financial services, metal and realty indices gained 4-8 percent as the minister announced […]

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Market cheers Budget 2021 as Sensex rises 1,700 points, IndusInd, ICICI Bank among top gainers

The market snapped its six-day losing streak, as the BSE Sensex surged more than 1,700 points after Finance Minister Nirmala Sitharaman spelled out the Modi government’s plan for economic recovery in her Budget 2021 tabled in Parliament on February 1. The banking, auto, financial services, metal and realty indices gained 3-5 percent as the minister […]

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Taking Stock | Nifty ends below 14K, Sensex plunges over 900 pts as bears continue to dominate

Market witnessed selling pressure for the fourth consecutive day on January 27. Sensex fell over 1,000 points and Nifty slipped below 13,950 level on an intraday basis. At close, the Sensex was down 937.66 points or 1.94% at 47,409.93, and the Nifty was down 271.40 points or 1.91% at 13,967.50. “Markets witnessed a 2 percent cut […]

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Taking Stock | Profit-booking drags Nifty below 14,400, Sensex plunges over 700 pts

Axis Bank, Asian Paints, JSW Steel, Hindalco Industries and SBI were among major losers on the Nifty, while gainers included Bajaj Auto, Hero MotoCorp, Eicher Motors, HUL and TCS. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { […]

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