Tag Archives: points

MARKET WRAP: Sensex slips 215 points, HDFC Bank falls 3%; Realty stocks hit

Benchmark indices ended lower on Monday led by losses in banking sector and real estate sector. The S&P BSE Sensex ended at 35,012, down 215 points while the broader Nifty50 index settled at 10,628, down 68 points. HDFC Bank was among the yop losers, slipping over 3 per cent to Rs 2,045 levels. Realty stocks came under selling pressure with the Nifty Realty index ... Read More »

Closing Bell: Sensex ends 300 points higher, Nifty around 10,600; auto gains big

3:30 pm Market at Close: The market ended the day on a strong note, marking a continuity in its upward trend for March series, but the Nifty ended below 10,600. The Sensex is up 303.60 points or 0.89% at 34445.75, while the Nifty is up 91.60 points or 0.87% at 10582.60. The market breadth is narrow as 1606 shares advanced, against ... Read More »

Sensex soars 301 points, reclaims 33,000-mark

  Market benchmark Sensex surged 301 points to close at 33,250.30 on Friday on unabated buying by domestic institutional investors amid positive global leads. The wider NSE Nifty too went past the 10,250-level. The 30-share BSE Sensex opened on a strong footing at 33,034.20 and maintained its upward trend to hit the day’s high of 33,285.68 before ending at 33,250.30, ... 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 »

Sensex Rises Over 200 Points On GST Boost, Global Rebound

Indian equity markets rebounded on Wednesday tracking positive global markets which rose as concerns about North Korea’s firing of a missile over Japan ebbed. The Sensex gained as much as 235 points to 31,624 while the NSE benchmark Nifty rose as much as 80 points to trade firm above the 9,850 level. Meanwhile, markets also got a boost from GST ... Read More »

Sensex Rebounds 235 Points, DLF Surges 16%

  The BSE Sensex and Nifty rebounded sharply on Monday, snapping a five-session selloff. The Sensex ended 235 points higher at 31,449 while Nifty settled at 9,794, up  83 points. Midcap and smallcap stocks which had seen sharper losses in the recent selloff bounced back strongly. The BSE midcap and smallcap indices on the BSE surged nearly 2.5 per cent. ... Read More »

GDP Data Today, India To Remain Fastest Growing Economy: 10 Points

India likely remained the fastest growing major economy in the world last quarter. HIGHLIGHTS Lower interest rates have helped support economic growth, say economists Economists predict Indian economy grew 7.1% annually in March quarter Factory and services activity expanded for most of the first quarter of 2 India likely remained the fastest growing major economy in the world last quarter, ... Read More »

M&S says Laura Wade-Gery won’t return after maternity leave

One of British retailer Marks & Spencer’s most senior directors is to leave the firm following a year out of the business on maternity leave. The clothing and food group said on Monday Laura Wade-Gery, executive director, multi-channel, will not return following her period of maternity leave and will officially leave the company on Sept. 30 after five years at ... Read More »

OPEC points to larger 2017 oil surplus as rivals keep pumping

OPEC raised its forecast of oil supplies from non-member countries in 2017 as new fields come online and U.S. shale drillers prove more resilient than expected to cheap crude, pointing to a larger surplus in the market next year. Demand for crude from the Organization of the Petroleum Exporting Countries will average 32.48 million barrels per day (bpd) in 2017, ... Read More »