Sensex rises 124 points, Nifty50 ends near lifetime high


In a highly volatile session, the domestic equity market ended on a positive note with BSE Sensex just 40 points shy of its record high level and Nifty50 closing near its all-time high.

Sensex closed 124 points or 0.39 per cent higher at 32,020.89 while Nifty50 closed the day at 9,915.25, up 42 points or 0.42 per cent.

The 30-share pack had opened at 32,035.88 and touched an intraday high and low of 32,062.23 and 31,808.93, respectively, as index heavyweights WiproBSE 6.47 % (up 6.54 per cent) and Reliance (up 3.75 per cent) hogged the limelight.

BSE Midcap index gained 6 points or 0.04 per cent to 15,185.53 as shares of Adani Power, Bajaj Holdings and Bajaj Finserv surged up to 7 per cent.

On the other hand, BSE Small Cap index shed 7 points or 0.05 per cent to end the day at 15,992.63 as shares of Gujarat NRE Coke (down 6.55 per cent), Nucleus (down 6.07 per cent) and Dish Tv (down 5.85 per cent) capped gains.

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Sensex snaps 7-day losing streak on bargain hunting, ends 61 points higher on Friday


The benchmark indices on Friday settled higher thanks to early rollovers to January series and bargain hunting at lower levels after market witnessed seven straight sessions of losses. The S&P BSE Sensex finished at 26,040, up 61 points, while the broader Nifty50 closed at 7,985, up 6 points. The market breadth, indicating the overall health of the market, remained negative. On the BSE, 1,309 shares fell and 1,249 shares rose. A total of 174 shares were unchanged.

BSE Capital Goods and BSE Consumer durables were the top sectoral gainers and added nearly 1%.

Cipla was the top Sensex gainer and surged 4%, bouncing back 6.5% from intra-day low, after the pharmaceutical company said its flagship product Sereflo received final approval from UK health regulator.

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Markets end flat on Friday. SBI gains over 2% as banking stocks rally


Benchmark indices settled on a flat note tracking mixed cues from global peers after ECB unexpectedly reduced its monthly asset buys but pledged to keep its quantitative easing (QE) program beyond 2017, if needed. Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today’s session.

S&P BSE Sensex settled the day 53 points higher at 26,747 while Nifty50 gained 15 points to end at 8,262.  In broader markets, BSE Midcap gained 0.21% while BSE small cap was up 0.52%.

Banking sector gained after RBI reversed its order forcing lenders to surrender all their extra cash and place it under the cash reserve ratio.

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Markets end Samvat 2072 on a flat note; Midcaps outshine


Benchmark share indices on Friday ended higher, amid a choppy trading session, with Tata Motors gaining the most following a rebound in Tata Group shares while recovery in financials also aided sentiment.

The benchmark S&P Sensex closed at 27,942 level up 26 points or 0.1% whereas the Nifty50 index closed at 8,638 up 23 points. The broader markets outperformed the benchmark indices. The S&P BSE Midcap and Smallcap ended nearly 1% higher.

Top gainers from the Sensex pack were Tata Motors, Bajaj Auto, Coal India, Tata Steel and Dr Reddy’s Labs, all surging between 2%-3%. On the losing side, ICICI Bank, Cipla, Asian Paints, Bharti Airtel and ONGC were down 1%-2%.
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Sensex, Nifty consolidate; midcaps at record high, Tata Steel up


Markets consolidated with midcaps at record high. The Bank Nifty closed at its highest level in the last 17-months high. The Sensex was down 46.44 points or 0.2 percent at 28077 and the Nifty was down 6.35 points at 8666.90. About 1480 shares have advanced, 1237 shares declined, and 182 shares are unchanged.

In stock specific action SBI remained on buyers’ radar gained 4 percent as investors gave a thumbs up to its merger ratio. All SBI associates including State Bank of Mysore, State Bank of Travancore and State Bank of Bikaner and Jaipur jumped.

BHEL, Tata Steel, HUL and Cipla were other top gainers while Coal India, TCS, Lupin, Sun Pharma and M&M were losers in the Sensex.

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