Tag: firm global cues

Opening Bell: Indian markets opened flat in today's ( 28 February 2023) trading session, amid firm global cues. Key indices Nifty50 were flat below 17,400 levels, whereas the S&P BSE Sensex traded flat around 59,246 levels. Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices gained up to 0.3 percent. Read more

The Indian markets were trading with modest gains today(28th April 2022) tracking firm global cues. The BSE Sensex was up 200 points to 57,048, while the NSE Nifty climbed 75 points to 17,110. Among the Sensex-30 shares, HUL, Sun Pharma, M&M, IndusInd Bank, Asian Paints, Bajaj finserv, Axis Bank, L&T, and Tata Steel were the top gainers, rising up to 3 percent. On the Nifty, Divis labs, UPL, and Apollo hospitals were the additional top winners. Read more

The Indian benchmark indices opened with strong gains today(23 March 2022), extending yesterday's rally amid firm global cues. The BSE Sensex rose 400 points to 58,198 level, and the NSE Nifty50 gained 120 points to reach 17,440. On the Sensex, Tata Steel, HDFC Bank, Axis Bank, Ultratech Cement, SBI, M&M, Bajaj twins, IndusInd Bank and ICICI Bank were the frontrunners, with gains of up to 2 percent. Hindalco, Dr. Reddy's, SBI Life were the additional top gainers on the Nifty. Meanwhile, ITC, NTPC, and Bharti Airtel, meanwhile, were the only losers on Sensex, up to 1 percent lower. Coal India, Britannia, and BPCL were the top Nifty losers. Read more

Indian equities started higher today(24 Nov.2021), supported by firm global cues and buying in heavyweights such as Bharti Airtel, SBI, Axis Bank, and TCS. The benchmark S&P BSE Sensex advanced 47 points, or 0.08 percent, to quote at 58,711 in opening deals. The NSE Nifty50, on the other hand, added 30 points to hold the 17,550-mark. Among key movers in early trades, Bharti Airtel's shares moved up by 0.5 percent after Moody's Investors Service revised the company's and its subsidiary Bharti Airtel Int'l (Netherlands) BV's rating outlook to positive from stable. In the broader markets, the BSE SmallCap index is outperforming both, large-cap and mid-cap, indices. The index is up over 1 percent. Sectorally, select IT and auto stocks, including Coforge, Infosys, Tech M, Maruti Suzuki, Hero MotoCorp, and M&M, are trading with a negative bias. Meanwhile, the volatility index, India VIX, eased about 5 percent.

The Indian benchmark indices started nearly 0.5 percent higher today (15th Nov.2021) supported by firm global cues and broad-based buying back home. In early deals, the BSE Sensex quoted at 61,026 levels, up 339 points, while the Nifty50 was at 18,197 levels, up 94 points. Hero MotoCorp was among the top gainers on the Nifty index, up 3 percent, on a healthy operational performance in Q2. The company reported standalone Ebitda of Rs 1,156 crore, up from Rs 515 crore YoY, and higher than Street estimates of Rs 904 crore. Margins, meanwhile, came in at 13.5 percent, up from 9.4 percent YoY and Bloomberg estimate of 11.2 percent. In the broader markets, the BSE MidCap and SmallCap indices added up to 0.4 percent. Read more