Sensex, Nifty extend gains, Bharti Airtel, Tata Motors shares gain

Sensex Nifty up Sensex & Nifty opened on a higher note for the second straight day on Friday. The BSE Sensex was up 249.49 points at 33,198.70. The NSE Nifty 50 index was up 83.30 points at 10,250 in later morning hours.

Shares of Tata Motors rose 1.7%, Vedanta up 1.6%), Marut Suzuki up 1.4%, IndusInd Bank rose 1.36% and United Phosphorus Ltd gained 1.3% becoming the top gainers on Nifty50, whereas Infratel, Eicher Motors, Asian Paints, NTPC and Ambuja Cement were the top losers in today’s trade.
Shares of Jet Airways declined about 4% after the company posted a 91 percent fall in its July-September net profit to Rs.50.00 crore.

The shares of Bharti Airtel Limited gained over 7.10 percent to on BSE while it zoomed 7.24 percent to Rs 518.5 on NSE and it settled up 6.5 percent on BSE.

The stock of Bharti Airtel was among the major gainers on Sensex, which rose 1.3 percent after it zoomed more than 6 percent in yesterday’s trade.

The Indian rupee opened little changed against the dollar. It opened at 64.55 per dollar and was trading at 64.58 a dollar, down 0.02% from its Thursday’s close of 64.57.

Strong market breadth; Sensex gains nearly 230 points, Nifty reclaims 10,119

Sensex Nifty rise todaySensex & Nifty extended initial gains and hit new intraday high in morning session, on Thursday. At 10.50 am, the BSE Sensex jumped 236.72 points to hit the day’s high of 32,833.90 while NSE Nifty edged up 74.90 points to mark the day’s high at 10,119.00. Investors mostly felt to get a relief after macro-economic ridden week ended on Wednesday with RBI fifth bi-monthly monetary policy keeping the repo rate unchanged at 6 percent.

Metal mostly rose with Hindustan Copper (up 2.38%), SAIL (up 1.71%), JSW Steel (up 1.40%), Jindal Steel (up 1.36%), Tata Steel (up 1.23%), Bhushan Steel (up 0.98%), nalco (up 0.92%), among others.

All the sectoral stocks of NSE have traded in the green with Nifty Auto, Metal, Realty, and PSU Bank index leading the gains.

Shares of Tata Steel, NTPC, Hero MotoCorp, Maruti, L&T and Bajaj Auto were leading the charge while shares of Wipro, Sun Pharma, and RIL falling a little in the early trades.

The heavyweight shares of State Bank of India, L&T, Maruti Suzuki, ICICI Bank contributed the most to the Sensex gains.

5 Dec Tuesday Sensex, Nifty slip in early trade; RCom tanks 7%

sensex nifty downThe benchmark indices Sensex & Nifty opened moderately lower on Tuesday as most of the Asian shares slipped in the early morning led by the falls in I.T stocks.

At 10.48 am, the BSE Sensex shed 114.33 points to begin at 32,755.39 whereas NSE Nifty 50 started the day at 10,090.10, down by 37.65

Shares of Wipro Ltd, Adani Ports, Power Grid and NTPC were the top losers today followed Infosys and HDFC Bank which contributed the most to the Sensex fall, while the shares of Bharti Airtel, ICICI Bank, supported to reduce the losses.

Shares Reliance Communications (RCom) slipped 6.93 percent to hit the day’s low of Rs 10.74 while Reliance Naval dipped 4.22 percent to day’s low of Rs 34.

The Reserve Bank of India’s two-day monetary policy review starts today and the decision will be released by tomorrow. The RBI’s monetary policy committee is expected to keep the policy repo-rate unchanged in the upcoming monetary policy review owing to various factors.

Sensex gains, GDP growth hit a 3-quarter high

GDP Growth Sensex and Nifty recovered on Friday after falling deeply as India’s GDP growth hit a three-quarter high of 6.3% in Jul-September.

The Automobile stocks such as Tata Motors, Maruti Suzuki were among the major gainers on Sensex pack as auto companies announce their vehicle sales growth for the month of November.

The stock of Bharti Airtel lost the most among the Sensex stocks, down 1.2%. Shares of Oil and Natural Gas Corporation , Tata Motors, Larson & Toubro, Maruti Suzuki, ITC, TCS, Hero MotoCorp and Kotak Mahindra Bank gained up to 1.2 percent, while shares of Coal India, Bharti Airtel and HDFC were the major losers.

In Nifty Index, United Phosphorus Ltd, Tata Motors, Bosch, Zee Entertainment, and ONGC gained the most, while Hindalco, Bharti Airtel, Cipla, IOC and Coal India were the top losers.

Sensex, Nifty open marginally higher, Infosys shares rise

stock market up The key indices opened the session on a flat note since traders remained cautious ahead of Sept-quarter GDP data to be released on Thursday.

At 10.40 Am., the BSE index Sensex was up 31.91 points at 33,650.50 and the NSE Nifty 50 index was up 8.90 points at 10,379.15.

Shares of Oil and Natural Gas Corporation, Coal India, Reliance Industries, Dr Reddy’s Lab, ITC, NTPC, Infosys gained up to 1.7% while Axis bank and HDFC dragged the most, lost up to 1.2 percent each. The heavyweight shares of Reliance, ITC and Infosys contributed the most to the Sensex gains, whereas a fall in HDFC twins and Axis Bank cut off most of the gains.

Shares of SREI Infrastructure Finance Ltd rose 2.5 percent to Rs. 111.65 after its subsidiary SREI Equipment Finances files draft red herring prospects with regulator Sebi. The initial offer consists fresh issue of shares worth Rs. 1,100 crore and offer for sale of up to 43.86 lakh shares by SREI Infra.

The Indian rupee depreciated 10 paise to 64.51 against the USD in early trade. Earlier yesterday, it has gained 9 paise to conclude at a fresh two-month high against the US dollar.