Some brisk buying in industry heavyweights such as Infosys, HDFC, ICICI Bank, Hindustan Unilever (HUL), and Bharti Airtel helped benchmark indices settle with decent gains on Friday. Additionally, positive global cues, too, boosted investor sentiment.
The S&P BSE Sensex added 247 points or 0.65 per cent to end at 38,127.08 levels, with Infosys (up 4 per cent) being the top gainer and YES Bank (down over 3 per cent) the biggest loser. During the session, the index hit a high and low of 38,345.41 and 37,737.85, respectively.
In the broader market, the S&P BSE MidCap index ended at 13,780.99 levels, up 33 points or 0.24 per cent and the S&P BSE SmallCap gained 49 points or 0.38 per cent to close at 12,772.07.
On the NSE, the headline index Nifty50 ended at 11,301.25 levels, up 67 points or 0.59 per cent.
Sectorally, barring media and private bank, all the indices on the NSE ended in the green. The Nifty Metal index ended at 2,335.20 levels, up 2.27 per cent.
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Source: https://stockarchitect.com/sector/Pharmaceuticals
Selling in banks, realty and metal counters dragged the domestic equity market lower on Thursday. The headline index, S&P BSE Sensex lost 135 points or 0.34 per cent to settle at 39,140, with YES Bank being the biggest loser and Reliance Industries (RIL) the top gainer.
Out of 30 components, 22 scrips ended in the red and rest eight in the green.
Market breadth remained in favour of declines as out of 2,727 securities traded on BSE, 1,671 declined and 888 advanced while 168 scrips remained unchanged.
The broader Nifty50 index of the National Stock Exchange (NSE) lost 34 points or 0.29 per cent to end at 11,753.
On a weekly basis, both the indices gained around 1 per cent.
In the broader market, the S&P BSE Midcap index slipped 138 points or nearly 1 0.89 per cent to close at 15,382.57 while the S&P BSE Smallcap index ended at 15,021, down around 150 points or 1 per cent.
All the sectoral indices ended in the negative territory with realty stocks taking the hardest knock, followed by media and PSU banks.
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Buying in select bluechip counters such as ITC, Maruti, ICICI Bank and Infosys helped benchmark indices to settle in the positive territory on Friday.
The S&P BSE Sensex recovered 212 points from day’s low to settle at 38,767, up 160 points or 0.41 per cent. FMCG major ITC emerged as the top gainer on the index with over 3 per cent gains while Tata Motors (down over 1 per cent) ened as the biggest loser.
The broader Nifty50 index of the National Stock Exchange (NSE) settled at 11,643.45, up 47 points or 0.40 per cent, with 27 constituents advancing and 23 declining.
On a weekly basis, Sensex lost 0.24 per cent while Nifty settled with 0.19 per cent decline.
In the broader market, the S&P BSE MidCap index gained 44 points or 0.29 per cent to end at 15,426 while the S&P BSE SmallCap index added 56 points or 0.37 per cent to end at 15,022.
Sectorally, all the indices ended in the green with media stocks gaining the most, followed by FMCG and auto. The Nifty Media index gained over 1 per cent to end at 2,443 level.
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The benchmark indices ended on a positive note on Friday after two consecutive sessions of losses, lifted by a sudden surge in the last 15 minutes on a day when the indices remained rangebound for the majority of the duration.
The S&P BSE Sensex ended at 38,862.23, up 177.51 points, or 0.46 per cent, with Tata Steel being the top gainer and State Bank of India being the biggest loser. About 1,500 shares advanced, 1,049 shares declined, and 165 shares remained unchanged.
The NSE’s Nifty50 index closed above 11,650 level at 11,665.95, up 68 points, or 0.59 per cent.
Metal stocks advanced the most, followed by realty and IT counters. The Nifty Metal index ended almost 2 per cent higher at 3,132.35.
On a weekly basis, the S&P BSE Sensex ended 0.49 per cent higher while the NSE Nifty 50 gained 0.36 per cent on a weekly basis.
In the broader market, the S&P BSE Midcap index surged 97 points or 0.63 per cent to close at 15,509. The S&P BSE SmallCap rose 108 points or 0.72 per cent to end at 15,046.
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Benchmark indices ended over 1 per cent lower on Friday, weighed by a sharp sell-off in the automobile and metal stocks.
The S&P BSE Sensex ended at 36,546, down 425 points or 1.15 per cent, while the broader Nifty50 index settled at 10,944, down 126 points or 1.14 per cent.
Among sectoral indices, the Nifty Auto index, the top loser of the day, settled 3.6 per cent lower as Tata Motors, MRF and Mahindra & Mahindra (M&M) lost considerable ground. Nifty Metal index ended 3.4 per cent lower with SAIL and Vedanta among the top losers.
In the broader market, the S&P BSE MidCap index ended 203 points or 1.40 per cent lower at 14,328, while S&P BSE SmallCap index settled at 13,656, down 122 points or 0.89 per cent.
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After witnessing a rangebound session throughout the day, the domestic equity market ended with marginal gains on Friday, led by buying in telecom, IT and energy stocks. The S&P BSE Sensex added 33 points or 0.1 per cent to settle at 35,963, with Bharti Airtel (up 5 per cent) being the top gainer and HDFC (down nearly 2 per cent) the worst laggard. The broader Nifty50 index of National Stock Exchange (NSE) closed the day at 10,805, up 14 points or 0.13 per cent. Out of 50 constituents, 29 ended in the green while 21 in the red.
A total of 2,704 companies traded on BSE, out of which 1,260 advanced and 1,300 declined while 144 stocks remained unchanged.
Among the sectoral indices, the Nifty Pharma index is trading around 0.5 per cent lower weighed by Aurobindo Pharma and Divi’s Laboratories.
The broader market indices are moving in line with benchmarks. S&P BSE Midcap index is trading 0.16 per cent lower at 15,139 levels, while S&P BSE SmallCap is ruling 0.1 per cent lower at 14,483 levels.
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The benchmark indices ended over 2 per cent higher on Friday after the rupee rose against US dollar amid firm Asian markets.
The S&P BSE Sensex ended at 34,734, up 732 points (2.15 per cent), while the broader Nifty50 index settled at 10,472, up 238 points (2.32 per cent).
The rupee strengthened against the US dollar on Friday, rising 53 paise to 73.58 against the greenback in intra-day trade.
Among sectoral indices, the Nifty Auto index settled 4 per cent higher led by a rally in shares of Mahindra & Mahindra and Maruti Suzuki India. The Nifty Bank index, too, rose 2.5 per cent led by IndusInd Bank and ICICI Bank.
However, the Nifty IT index slipped 1 per cent lower led by a fall in Tata Consultancy Services (TCS), which fell 3 per cent to Rs 1,920 on the NSE after the company reported a lower than expected revenue growth of 3.7 per cent in constant currency (CC) terms in September quarter on the sequential basis. The Street was estimating revenue growth of 4 per cent in CC terms for the quarter.
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The markets trimmed their day’s losses and ended flat on Friday amid weakness in their Asian peers, that wobbled on Friday as investors braced for US tariffs against China.
The S&P BSE Sensex ended at 35,622, up 22 points while the broader Nifty50 index settled at 10,818, up 10 points.
Among sectoral indices, the Nifty Pharma index ended over 2% higher led by rise in the shares of Dr. Reddy’s Laboratories, Cipla and Piramal Enterprises.
Shares of Tata Consultancy Services (TCS) hit a new high of Rs 1,849 per share, up 3% on the BSE after the company said its board approved a proposal of buyback upto 76.19 million equity shares at price of Rs 2,100 per share through tender offer. The stock surpassed its previous high of Rs 1,840 recorded on June 14, 2018.
Manpasand Beverages was locked in lower circuit of 5% at Rs 158 on the BSE after the exchange placed shares of the company under ASM (Additional Surveillance Measure) framework effective from today, June 15, 2018. The BSE shifted Manpasand Beverages and Sai Baba Investment and Commercial Enterprises under enhanced surveillance measures where 100% margins will be applicable from June 16, 2018.
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The benchmark BSE Sensex slumped 206 points in a see-saw trade on Wednesday to close below the 33,000-mark in the last trading session of 2017-18, but finished the year with a gain of 11.30 %.
The broader 50-share Nifty also ended 70 points lower at 10,113.70. The Sensex has gained 3,348.18 points, or 11.30 %, in 2017-18. The index had gained 16.88 % in the previous fiscal year.
Investors saw wealth addition of Rs 20.70 trillion during 2017-18. The market capitalisation of all firms listed on the BSE was at Rs 142.24 trillion against Rs 121.54 trillion as on March 31, 2017.
The broader Nifty closed the fiscal year with gains of 939.95 points, or 10.25 %. During the previous year, it scored gains of 1,435.55 points or 18.55 %.
For the day, the BSE Sensex snapped its two-session winning streak to end lower by 205.71 points, or 0.62 % at 32,968.68. Intra-day, it hovered between 33,104.11 and 32,917.66. The gauge had rallied 577.85 points in the past two sessions. The NSE Nifty, too, ended the day 70.45 points, or 0.69 % lower at 10,113.70 after shuttling between 10,158.35 and 10,096.90.
On a weekly basis, the Sensex rose 372.14 points, or 1.14 %, while the Nifty gained 115.65 points or 1.16 %. This was their first gain in five weeks.
Stock exchanges will remain closed on Thursday and Friday on account of Mahavir Jayanti and Good Friday, respectively.
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