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Indices erase morning gains as Nifty trades below 10,400; bank stocks outshine

It’s a strong start, in line with pre-opening trends, on the market on Thursday morning. The Nifty has surpassed 10,400, while the Sensex is higher by over 150 points. 

At 09:15 hrs IST, the Sensex is up 160.97 points or 0.47% at 34603.02, while the Nifty is higher by 38.60 points or 0.37% at 10425.20.

Among sectors, automobiles, infrastructure, energy and metal names are trading in the green, while IT names along with pharmaceuticals are trading lower. The Nifty Midcap index is higher by 0.4 percent.  

Shares of Larsen & Toubro are higher by 5 percent after the company reported strong numbers for September quarter. 

Market Update: The benchmark indices erased all morning gains as Nifty is trading below 10,400 mark.

At 11:13 hrs IST, the Sensex is down 62.64 points or 0.18% at 34379.41, while Nifty down 26.30 points or 0.25% at 10360.30. About 1417 shares have advanced, 682 shares declined, and 1557 shares are unchanged. 

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Source: https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-indices-erase-morning-gains-as-nifty-trades-below-10400-bank-stocks-outshine-3114581.html

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Sensex ends 550 points higher, Nifty closes at 10,386; midcaps up 2%

Market at Close Wednesday’s session has ended on a strong note, with the Sensex soaring over 500 points, while the Nifty closed above 10,350-mark. A strong surge in financials along with IT names were responsible for pushing the indices higher. 

Pharmaceuticals joined the bandwagon as well and a combination of all these factors boosted the market. 

Automobiles, consumption, infrastructure, and PSU banks were the other big gainers. In the broader markets, the Nifty Midcap index rose around 2 percent. 

At the close of market hours, the Sensex ended up 550.92 points or 1.63% at 34,442.05, while the Nifty was higher by 188.20 points or 1.85% at 10,386.60. The market breadth is positive as 1,593 shares advanced, 946 shares declined, while 1,114 shares were unchanged.

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Source: https://www.moneycontrol.com/news/business/markets/closing-bell-stock-market-updates-nse-bse-sensex-ends-550-points-higher-nifty-closes-at-10386-midcaps-up-2-3107201.html

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Selling grips indices as Sensex falls over 200 points; Nifty gives up 10,150

It’s a higher start for the market on Tuesday morning. The Nifty is above 10,200-mark. 

The Sensex is up 136.70 points or 0.40% at 34027.83, while the Nifty is higher by 40.50 points or 0.40% at 10238.90. The market breadth is positive as 566 shares advanced, against a decline of 281 shares, while 2,795 shares were unchanged.

Shares of Cummins India are up around 12 percent on the back of robust Q2 numbers. Bank of Baroda is higher by 3 percent ahead of its September quarter results announcement. 

Yes Bank, HDFC, and Indiabulls Housing are the top gainers, while Coal India, Tata Steel, and Dr Reddy’s are the top losers. 

Market Update Sudden selling has gripped D-Street as the Sensex is trading over 200 points lower. The Nifty has given up 10,150.

The Sensex is down 214.93 points or 0.63% at 33676.20, while the Nifty is down 75.60 points or 0.74% at 10122.80. The market breadth is negative as 789 shares advanced, against a decline of 870 shares, while 1,983 shares were unchanged.

Shares of Infosys, HDFC, and Indiabulls Housing are the top gainers, while Tata Steel, Coal India and Dr Reddy’s Laboratories have lost the most. 

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Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-selling-grips-indices-as-sensex-falls-over-200-points-nifty-gives-up-10150-3107201.html

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