Sensex, Nifty witness positive start to trade, PNB down

stock market upBenchmark indices carried onto trade higher in Friday with BSE Sensex rising over 200 points and NSE Nifty above 10,600 in early trade. The Indian rupee rose to hit a 2-week high against dollar, tracking gains in its Asian peers.

Shares of PNB continued to fall today also after the bank lender detected a fraud of Rs 11,400 crore. A continued rise in the shares of ICICI Bank, Infosys and TCS pushed the headline indices in the positive zone.

Apart from the Nifty 50 index, almost all the sectoral indices traded in green excluding Nifty PSU Bank index. Nifty Bank, Nifty Metal, Nifty FMCG, Nifty Fin Service, Nifty IT, Nifty Pharma, Nifty Pvt Bank, and Nifty Realty rose up to 0.9%.

L&T, ICICI Bank, Reliance Industries, HDFC Bank and ITC gained 0.3 to 0.6 percent iin early hours,

BSE Sensex traded higher by 0.13%, to 34,341.24, while the Nifty rose 16.80%, to 10,562.30 in later morning hours.

Ambuja Cement (+2.33%), HCL Tech (+2.30%) TCS (2.18%) Infosys (+2.04%), and Dr.Reddy’s (+1.51%) were the top gainers on Nifty50.

Eicher Motors, Tech Mahindra, Adani Ports, HDFC and were the top losers in today’s trade at a tune of 1.36% to 0.69 percent.

Live Market Update: Nifty slips near 11,100; HDFC, ONGC, GAIL rise

SEBI Registered stock advisory companyKey benchmark indices on Wednesday were trading nearly flat in early trade on Wednesday, with Nifty touching a new rise of 11,110 and fall under 11000 marks.

The BSE Sensex was up 20.61 points at 36,160.59. The NSE Nifty index was down 0.40 points at 11,083.30 in the later hours. The broader markets were also trading near flat as the BSE Mid-Cap and Small-Cap Index fell 0.50 percent each.

Indiabulls HF shares were down 1 percent today as the company reported a 55.4 percent rise in its consolidated net profit for the December quarter.

Shares of HDFC, ONGC and GAIL India gained the most in the morning, whereas Bharti Airtel, ICICI Bank, and Hindalco Industries lost the most

Shares of L&T Tech rose 7.5 percent after the company reported a net profit of Rs. 126 crore in Dec quarter.

Shares of United Spirits Ltd fell 5.7 percent to Rs. 3,535.90 after the company reported lower earnings.

On NSE Nifty-50, shares of GAIL India, HDFC, HCL Tech, TCS and ITC were the top gainers while Airtel, Hindalco, Tata Motors, ICICI Bank and Adani Ports were the top losers.

Market open higher, Reliance, ITC, HDFC Bank earnings in focus

Sensex nifty up Sensex, Nifty edged higher in early trade led by Asian stock’s firmness and the GST council in its last meet slashed the tax rate on 54 services and 29 items together easing the return filing process for businesses boosted sentiment. Q3 earnings heavy weight companies like HDFC Bank, ITC Ltd, Reliance Industries and Wirpro are also under focus. 

The BSE Sensex was trading at 35,384.30, up 124 points, while the broader Nifty 50 index was ruling at 10,843, up 25 points in later morning hours.

HDFC Bank, HCL Technologies, Reliance Industries Ltd, ITC Ltd, and Wipro Ltd are among the major companies that will be unveiling their Q3 results on Friday.

Major contributors to Sensex gain include Reliance Industries Limited, HDFC, Adani Ports, ITC Ltd, SBI and Larsen and Toubro.

Shares of HCL Technologies rose 0.4 percent after the company retained its full fiscal year revenue and margin growth guidance.

Private banking stocks were also among the major gainers with those of Yes Bank up 1.8 percent.
Bharti Airtel Ltd shares fell 1% and were the worst hit on Nifty50 index, since the company reported an 11 pct on-quarter decline in its consolidated net profit.

Monday high- Sensex jumps 209 pts, Nifty hits 10,700 for first time

Sensex Nifty highKey indices moved on a higher note on Monday with Sensex & Nifty hitting all-new record peaks on the back of Q3 earnings hopes and positive global cues.

The BSE Sensex spiked 238.64 points at 34,831.03 while NSE Nifty added 67.75 at 10,749 in the late morning, for the first time ever. It is hoped all through this week, the stock markets are expected to be guided by the third-quarter earnings of major companies like HDFC Bank, ITC Ltd, Wipro Ltd, Kotak Mahindra Bank, Bharti Airtel and Yes Bank etc.

The stock of ICICI Bank extended the gains rising 3.29% to the day’s high of Rs 328.05 while HDFC shares rose 2% to the day’s high of Rs 1,796.7 after the company approved raising up to Rs 13,000 crore in its banking arm.

Shares of ICICI Bank, HDFC, Power Grid, Wipro, TCS, RIL, and SBI were the major gainers IN Sensex while Bharti Airtel and IndusInd Bank traded a little lower.

Infosys shares rose 1.26 percent to a fresh 52-week high of Rs 1092.05 after the company on Friday reported a rise of 38.22 percent in the net profit to Rs 5129 crore for the Oct –Dec quarter for the current fiscal.

12 Jan (Friday) Sensex up 104 points, metal and capital goods shares rose

Sensex Nifty up Live Market- Sensex, Nifty edged higher in early trade Friday hitting new record highs on continued buying by retail investors amid strong global cues. Shares of Coal India, Axis Bank and ICICI Bank were top gainers, while Infosys, TCS and Power Grid fell in the early trading.

The BSE Sensex traded higher by 104.62 points to 34,608 levels, while the NSE Nifty-50 rose 30.80 points to 10,682 in later morning hours.

Except IT sector, all other BSE sectoral indices were moving in the green, out of the metal index gained the most by 0.71%, capital goods 0.61%, infrastructure 0.56% and banking stock 0.47%, however, IT index was down 0.1%.

Major Sensex gainers include ICICI Bank, HDFC, Larsen & Toubro, Kotak Mahindra Bank and Reliance Industries whereas the major losers were PowerGrid, IndusInd Bank, YES Bank and Infosys.

Shares of TCS fell 1.1 percent to Rs. 2762 after the company reported weaker earnings in its segments.

Shares of Infosys Ltd inched up 0.01 percent to Rs. 1,075.75 ahead of its Q3 earnings due later today.