Tag Archives: gains

Market Live: Sensex gives up gains, Nifty around 11,000; Nifty pharma down 2%

2:55 pm WiFi Budget: Finance Minister Arun Jaitley has allocated Rs 10,000 crores in 2018-19 for phase two of BharatNet, the government’s ambitious scheme to connect the country’s villages with high-speed optical fibre network. Not part of phase I, the government now also aims to install 500,000 WiFi hotspots to provide broadband access to 50 million rural citizens. India Union Budget ... Read More »

Market Live: Sensex gains, Nifty above 10100; Reliance up 3%, pharma in focus

The benchmark indices are trading firm with Nifty trading above 10100 level. The Sensex was up 78.63 points at 32237.29, and the Nifty was up 15.50 points at 10108.55. About 1234 shares have advanced, 950 shares declined, and 115 shares are unchanged. Reliance Indistries, Sun Pharma, Dr Reddys Labs, M&M, BHEL, Tata Power and Bank of Baroda are top gainers ... Read More »

Market Live: Sensex gains 100 pts, Midcap outperforms Nifty; RIL goes ex-bonus

9:45 am Rupee gains: The Indian rupee traded higher by 6 paise at 64.04 per dollar versus previous close of 64.10. Mohan Shenoi of Kotak Mahindra Bank said the rupee has been trading in a very tight range for the past few weeks which is likely to continue. USD-INR trading range for the day is 63.90-64.20, according to him. The dollar lost ... Read More »

Sensex Ends 258 Points Higher, IOC Gains Over 4%

Indian shares witnessed sharp rebound on Wednesday tracking gains across other global indices. The Sensex rose 258 points to settle at 31,646.46 while the Nifty50 index closed 88 points higher at 9,884.40 after gaining over 100 points to 9,909.45 during intraday trade. Gains in the market were led by energy and banking stocks with their respective indices gaining 1.91 per ... Read More »

Sensex Extends Gains, Rises Over 300 Points; Energy Stocks Rally

The Sensex and Nifty rose more than 1 per cent on Wednesday, recouping most of the losses in the previous session, led by gains in financials such as Housing Development Finance Corp, while metal stocks climbed on higher prices for the commodity. Sentiment was also supported by a recovery in broader Asia as concerns stemming from North Korea’s firing of ... Read More »

Nasdaq, S&P eke out record close as stocks finish week with strong gains

Stocks closed mixed on Friday ahead of the Memorial Day holiday weekend and digested key economic data. “I think the market is just taking a breather to figure things out,” said Aaron Jett, vice president of global equity research at Bel Air Investment Advisors. But “I don’t think the market is going to make a significant move lower because the ... Read More »

Market Live: Sensex, Nifty extend gains from opening session, HCL Tech down 2%

Moneycontrol News 11:30 am Buzzing Stock: Shares of JHS Svendgaard Labs were higher by 5 percent intraday as investors cheered the conversion of warrants. The company on Tuesday converted 4,40,000 Warrants allotted on January 5, 2016 and January 8, 2016, into equivalent number of Equity Shares of face value of Rs. 10/- each, at an Issue Price of Rs. 11./- ... Read More »

Stocks close lower as Wall Street braces for French election, but post weekly gains

U.S. stocks closed lower in choppy trade Friday as investors looked ahead to the French election. Wall Street also digested falling oil prices and comments from the Trump administration on tax reform. The Dow Jones industrial average fell about 30 points with IBM contributing the most losses. The index briefly turned positive in afternoon trade after President Donald Trump told ... Read More »

Rupee good run continues, gains 4 paise against dollar

The rupee’s good run continued into the 8th straight session today as it firmed up by another 4 paise in early trade to 67.33 against the dollar after the US currency saw higher selling by exporters and banks amid foreign fund inflows. Forex dealers said the weakness in the greenback against other currencies overseas and a higher opening in the ... Read More »

Wall Street’s gains fade as Yellen questions economy’s resilience

U.S. stocks ended little changed on Friday, losing ground late after Federal Reserve Chair Janet Yellen’s comments on the economy unnerved investors. Financial shares finished up, giving the S&P 500 its biggest boost after stronger-than-expected bank results, but gave up most of their early gains. Healthcare shares led declines. Yellen, in a speech at a conference of policymakers and academics, ... Read More »