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Closing Bell: Sensex ends flat, Nifty below 10,400; midcaps see strong trade

Market at Close First session of November 2018 began on a subdued note, with the Nifty ending below 10,400-mark. 

Banks were the gainers during the session, while infrastructure and metals rose during trade as well. Pharmaceuticals, IT, and consumption names were the big losers in trade today. 

However, there was some outperformance in the broader markets, with the Nifty Midcap index rising a percent. 

At the close of market hours, the Sensex closed down 10.08 points or 0.03% at 34431.97, while the Nifty ended lower by 6.10 points or 0.06% at 10380.50. The market breadth is positive as 1,590 shares advanced, against a decline of 990 shares, while 124 shares were unchanged.

Yes Bank, Axis Bank, and Hindalco were the top gainers, while Infosys, NTPC, HCL Tech and Dr Reddy’s Labs lost the most. 

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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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