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Sensex inches up 40 points in muted trading
Rediff· 2025-11-03 11:08
Market Performance - Benchmark indices Sensex and Nifty experienced slight gains, with Sensex up by 39.78 points (0.05%) to 83,978.49 and Nifty up by 41.25 points (0.16%) to 25,763.35, ending a two-day decline [1][3][4] - Sensex reached a high of 84,127 and a low of 83,609.54 during the trading session [4] Sector Performance - Mahindra & Mahindra was the top gainer among Sensex firms, increasing by 1.7% following positive October sales data, while Tata Motors Passenger Vehicles rose by 1.69% [4] - Other notable gainers included State Bank of India, Bharti Airtel, and Kotak Mahindra Bank [5] - Conversely, Maruti Suzuki saw the largest decline, dropping by 3.37%, with ITC, Tata Consultancy Services, Larsen & Toubro, Bharat Electronics, and Titan also among the major laggards [5] Institutional Activity - Foreign Institutional Investors (FIIs) sold equities worth ₹6,769.34 crore, while Domestic Institutional Investors (DIIs) purchased stocks worth ₹7,068.44 crore [5] Global Market Context - In Asian markets, indices such as South Korea's Kospi, Shanghai's SSE Composite, and Hong Kong's Hang Seng closed positively [6] - Global oil prices saw a minor decrease, with Brent crude falling by 0.14% to $64.71 per barrel [6]
Markets trade flat at midday as Shriram Finance leads gainers, Maruti drops
BusinessLine· 2025-11-03 07:43
Market Overview - Benchmark indices traded largely flat with the Sensex down 17.61 points or 0.02% at 83,921.10 and the Nifty up 17.30 points or 0.07% at 25,739.40 [1] Top Gainers - Shriram Finance was the top gainer on the Nifty, surging 5.30% to ₹788.60 [2] - Apollo Hospitals gained 1.92% to ₹7,828.50, Mahindra & Mahindra rose 1.58% to ₹3,542.30, State Bank of India added 1.17% to ₹948, and SBI Life Insurance climbed 1.09% to ₹1,977 [2] Top Losers - Maruti Suzuki was the worst performer, declining 3.35% to ₹15,644 [3] - ITC dropped 1.44% to ₹414.30, Tata Consultancy Services fell 1.23% to ₹3,020.50, Bharat Electronics shed 1.11% to ₹421.35, and Larsen & Toubro slipped 0.95% to ₹3,992.50 [3] Broader Market Performance - Broader markets outperformed benchmarks with Nifty Midcap 100 rising 0.55% to 60,150 and Nifty Next 50 gaining 0.80% to 70,384.30 [4] - Sectoral indices showed strength in banking and financial services, with Nifty Bank up 0.54% at 58,086.70 and Nifty Financial Services advancing 0.55% to 27,287.95 [4] Market Breadth - Market breadth remained positive on the BSE with 2,124 stocks advancing against 1,939 declining stocks out of 4,303 traded [5] - A total of 150 stocks hit their 52-week highs, while 70 touched 52-week lows [5] - Additionally, 212 stocks hit the upper circuit compared to 189 in the lower circuit [5]
Sensex drops 466 points on selling in pvt banking shares
Rediff· 2025-10-31 11:19
Market Performance - The BSE Sensex declined by 465.75 points or 0.55% to settle at 83,938.71, marking its second consecutive day of losses [3] - The NSE Nifty fell by 155.75 points or 0.60% to 25,722.10 [3] - During the trading day, the Sensex dropped as much as 498.8 points or 0.59% [3] Investor Sentiment - Foreign fund outflows, mixed corporate earnings, and uncertainty regarding the US Federal Reserve's future rate actions negatively impacted investor sentiment [4] - Foreign Institutional Investors (FIIs) sold equities worth Rs 3,077.59 crore, while Domestic Institutional Investors (DIIs) purchased equities worth Rs 2,469.34 crore [7] Sector Performance - Major laggards among Sensex firms included Eternal, NTPC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finserv, Power Grid, Trent, and HDFC Bank [4] - Gainers included Bharat Electronics, Larsen & Toubro, Tata Consultancy Services, ITC, and State Bank of India [4] Global Market Trends - Asian markets showed mixed results, with South Korea's Kospi and Japan's Nikkei 225 in positive territory, while Shanghai's SSE Composite index and Hong Kong's Hang Seng index ended lower [5] - European markets were trading in the red, and US markets closed negatively on Thursday [7] Commodity Prices - Global oil benchmark Brent crude decreased by 0.31% to $64.80 a barrel [7]
Sensex, Nifty end with modest gains in Muhurat trading
Rediff· 2025-10-21 10:31
Core Points - The benchmark stock indices Sensex and Nifty ended slightly higher during the special one-hour Muhurat trading session, marking the beginning of the new Samvat Year 2082 positively amid strong global cues [1][4] - The BSE Sensex rose by 62.97 points (0.07%) to close at 84,426.34, while the NSE Nifty increased by 25.45 points (0.10%) to close at 25,868.60 [3][4] - In the previous Samvat Year 2081, the BSE Sensex increased by 4,974.31 points (6.26%) and the Nifty climbed by 1,637.8 points (6.76%) [5] Market Performance - During the Muhurat trading session, the BSE Sensex reached a high of 84,665.44 and a low of 84,286.40 [3] - Among the major gainers in the Sensex, Bajaj Finserv rose by 1.42%, followed by Axis Bank (0.80%), Infosys (0.72%), and others [7] - The broader markets also advanced, with BSE Midcap rising by 0.23% (106.95 points) to close at 46,787.20 and BSE SmallCap gaining 0.91% (486.81 points) to settle at 53,842.85 [8] Sector Performance - Sectoral indices showed positive movement, with Industrials rising by 0.53%, Telecommunication by 0.51%, and Commodities by 0.47% [8] - Conversely, Bankex and Realty sectors ended marginally lower [10] Institutional Activity - Foreign Institutional Investors (FIIs) purchased equities worth ₹790.45 crore, while Domestic Institutional Investors (DIIs) acquired shares worth ₹2,485.46 crore, indicating strong domestic buying [10]
Stock markets surge for fourth day; Sensex jumps over 411 points
The Hindu· 2025-10-20 11:43
Market Performance - Equity benchmark indices Sensex and Nifty ended higher on October 20, 2025, marking the fourth consecutive day of gains, driven by buying in blue-chip Reliance Industries and sustained foreign fund inflows [1][5] - The 30-share BSE Sensex increased by 411.18 points or 0.49% to settle at 84,363.37, with an intraday high of 84,656.56, a jump of 704.37 points or 0.83% [1] - The 50-share NSE Nifty surged by 133.30 points or 0.52% to reach 25,843.15 [1] Company Performance - Reliance Industries saw a rise of 3.52% after reporting a 9.6% year-on-year increase in net profit for the September quarter, attributed to strong performance in its retail and telecom sectors, along with a recovery in its oil-to-chemicals segment [2] - Other gainers included Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan, and Bharti Airtel [2] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹308.98 crore, while Domestic Institutional Investors (DIIs) bought stocks worth ₹1,526.61 crore on the same day [4] Global Market Influence - A sharp rally in global markets contributed to the optimism in the Indian markets, with Asian markets such as South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng all closing higher [3] - European markets were also trading positively, and U.S. markets ended in positive territory on the preceding Friday [3] Upcoming Events - The Indian market is expected to continue its upward trend with a special Muhurat trading session scheduled for Tuesday, which will be held between 1:45 p.m. and 2:45 p.m. [6]
Stock markets surge for 4th day; Sensex jumps over 411 points
BusinessLine· 2025-10-20 10:39
Market Performance - Equity benchmark indices Sensex and Nifty ended higher, marking the fourth consecutive day of gains, driven by buying in Reliance Industries and sustained foreign fund inflows [1][5] - The 30-share BSE Sensex increased by 411.18 points or 0.49% to close at 84,363.37, with an intraday high of 84,656.56 [1] - The 50-share NSE Nifty rose by 133.30 points or 0.52% to settle at 25,843.15 [1] Company Performance - Reliance Industries saw a 3.52% increase in stock price after reporting a 9.6% year-on-year rise in net profit for the September quarter, attributed to strong performance in retail, telecom, and a recovery in the oil-to-chemicals segment [2] - Other gainers included Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan, and Bharti Airtel [2] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹308.98 crore, while Domestic Institutional Investors (DIIs) bought stocks worth ₹1,526.61 crore on the same day [4] Global Market Influence - A sharp rally in global markets contributed to the optimism in the Indian markets, with Asian markets like South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng all closing higher [3] - The global oil benchmark Brent crude decreased by 0.29% to $61.11 per barrel [5] Upcoming Trading Events - A special Muhurat trading session is scheduled for Tuesday, with the market remaining closed for regular trading but open for a one-hour trading window [6][7]
India's IT sector shows signs of demand recovery as clients warm up to AI projects
Yahoo Finance· 2025-10-16 10:45
Core Insights - Indian IT firms Infosys, Wipro, and LTIMindtree exceeded quarterly revenue estimates, indicating improving demand as clients are more willing to invest in AI projects [1][2][4] - The positive results from these firms follow strong performance by Tata Consultancy Services, suggesting a recovery in the $283 billion IT sector after recent struggles due to reduced discretionary spending [2][5] Company Performance - Infosys reported better-than-expected profit and revenue for the second quarter, projecting full-year revenue growth of 2-3%, an increase from the previous forecast of 1-3% [4] - Wipro anticipates a revenue range of a 0.5% decline to a 1.5% increase for the third quarter, benefiting from clients' increasing interest in AI projects [4][5] - LTIMindtree also reported strong second-quarter revenue, particularly driven by the banking sector [6] Market Trends - There is a notable shift in client priorities towards AI and digital acceleration, with companies looking to implement AI solutions rather than just testing concepts [3][5] - Analysts view the recent quarterly results as a sign that the IT sector is stabilizing and regaining traction, particularly due to increased spending from financial services firms [5][6]
Stock markets surge in early trade tracking rally in global peers
The Hindu· 2025-10-16 05:00
Market Performance - Equity benchmark indices Sensex and Nifty experienced significant gains in early trade on October 16, 2025, driven by a rally in global markets and optimism surrounding potential U.S. Fed rate cuts [1][3] - The BSE Sensex rose by 407.67 points to reach 83,013.10, while the NSE Nifty increased by 104 points to 25,427.55 [1] - On the previous day, the Sensex had already climbed 575.45 points or 0.70% to settle at 82,605.43, and the Nifty had gained 178.05 points or 0.71% to close at 25,323.55 [4] Sector Performance - Among the gainers in the Sensex firms were Axis Bank, which climbed 3% following its September quarter earnings announcement, as well as Adani Ports, Titan, Eternal, Kotak Mahindra Bank, Tata Motors, and Bharat Electronics [1][2] - Conversely, Infosys, Tata Steel, Tata Consultancy Services, and Sun Pharma were identified as laggards in the market [2] Global Market Influence - Asian markets showed positive performance, with South Korea's Kospi, Japan's Nikkei 225, and Shanghai's SSE Composite index trading higher, while Hong Kong's Hang Seng index was lower [2] - U.S. markets ended mostly higher on October 15, 2025, contributing to the positive sentiment in the Indian markets [2] Foreign Investment Activity - Foreign Institutional Investors (FIIs) purchased equities worth ₹68.64 crore on October 15, while Domestic Institutional Investors (DIIs) bought equities worth ₹4,650.08 crore [4] Economic Outlook - The International Monetary Fund (IMF) raised India's FY26 GDP forecast to 6.6%, which is expected to boost market sentiment ahead of the Deepavali festival [3]
Sensex down 297 points on foreign fund outflows
Rediff· 2025-10-14 11:51
Market Performance - Benchmark stock indices Sensex and Nifty ended lower due to weak trends in Asian and European markets and fresh foreign fund outflows [1] - The 30-share BSE Sensex declined by 297.07 points or 0.36% to settle at 82,029.98, with an intraday drop of 545.43 points or 0.66% to 81,781.62 [3] - The 50-share NSE Nifty decreased by 81.85 points or 0.32% to 25,145.50 [3] Sector Performance - Major laggards among Sensex stocks included Bajaj Finance, Bharat Electronics, Tata Steel, Tata Consultancy Services, NTPC, Trent, Asian Paints, and Axis Bank [4] - Gainers in the market included Tech Mahindra, ICICI Bank, Power Grid, Hindustan Unilever, and Reliance Industries [6] Market Sentiment - The equity markets experienced broad-based profit-booking amid a lack of fresh domestic triggers, influenced by weak cues from Asian and European peers [6] - Renewed US-China trade tensions have reignited risk aversion, leading to a shift towards safe-haven assets such as gold and US Treasury bonds, while equities faced pressure due to escalating global trade uncertainty [7] Foreign Investment - Foreign Institutional Investors (FIIs) offloaded equities worth ₹240.10 crore on Monday, indicating a trend of foreign fund outflows [8] Global Market Influence - Asian markets, including South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite Index, and Hong Kong's Hang Seng, ended lower, contributing to the negative sentiment in the Indian markets [7] - Global oil benchmark Brent crude dropped by 1.82% to $62.17 a barrel, reflecting broader market trends [7]
Q2 results, Tata stocks and gold-silver rush among 10 factors that'll steer D-St this week
The Economic Times· 2025-10-12 15:57
Market Overview - Indian benchmark indices ended the week with gains of 1.6%, supported by strength in IT and healthcare stocks. The Nifty closed 103.55 points, or 0.41%, higher at 25,285.35, breaking out of a recent consolidation range [1][19]. Earnings Reports - Over 200 BSE-listed companies are set to announce their September quarter results this week, including major players like HCL Technologies, Tech Mahindra, Axis Bank, HDFC Life Insurance, Infosys, Nestle India, Wipro, JSW Steel, Reliance Industries, HDFC Bank, ICICI Bank, and UltraTech Cement [2][19]. - Non-Nifty companies such as IDFC First Bank, Yes Bank, Indian Railway Finance Corporation (IRFC), IndusInd Bank, and HDB Financial Services are also expected to report results [5][19]. - The market will react to DMart's earnings announced on Saturday [6][19]. Market Influences - U.S. President Donald Trump's threat to impose additional 100% tariffs on China may impact Asian markets, including India, following China's aggressive export curbs on rare earth minerals [7][19]. - U.S. equities fell sharply on Friday, with the Dow Jones Industrial Average down 878.82 points (1.90%), the S&P 500 down 182.60 points (2.71%), and the Nasdaq Composite down 820.20 points (3.5%) [8][19]. IPO Activity - The primary market is expected to remain quiet, with only one new mainboard IPO, Midwest, opening for subscription. Bidding will conclude for three ongoing mainboard issues and three SME offerings [9][19]. - Anticipated listings include Tata Capital and LG Electronics, scheduled for Monday and Tuesday, respectively, along with eight other companies set to debut during the week [9][19]. Corporate Actions - Key corporate actions include the record date for the 1:10 stock split of Tata Investment Corporation and the rights issue of Utkarsh Small Finance Bank on October 14, and the interim dividend of Rs 11 per share for Tata Consultancy Services (TCS) on October 15 [10][19]. Institutional Activity - Foreign institutional investors (FIIs) were net buyers last week, purchasing equities worth Rs 3,603 crore over five sessions, with Friday's purchases totaling Rs 459.20 crore [11][19]. - Domestic institutional investors (DIIs) also turned net buyers at Rs 8,391.2 crore for the week, with Friday's purchases amounting to Rs 1,707.83 crore [11][19]. Technical Analysis - Nifty formed a sizable bullish candle with a higher high and higher low on the weekly chart, indicating a continuation of the uptrend. The index closed above its short-term moving averages, retracing over 80% of its previous decline [12][19]. - The index is expected to maintain a positive bias, potentially heading towards 25,450, with further upside towards the June 2025 high of 25,670 if it moves above 25,450 [13][19]. Currency and Commodities - The Indian rupee closed stronger at 88.6850 against the U.S. dollar, compared to 88.7825 in the previous session, aided by RBI intervention [14][19]. - Brent and U.S. crude futures fell sharply, with U.S. WTI crude settling at $58.24 (down $3.27 or 5.32%) and Brent futures around $62.73 (down $3.13 or 4.80%) [16][19]. Investment Trends - With Diwali approaching, there is rising investor interest in gold and silver, while equities have seen pressure, with net inflows into equity mutual funds declining for a second straight month to Rs 30,422 crore in September, a 9% drop from August [17][19]. - In contrast, record sums were poured into gold exchange-traded funds (ETFs), with inflows rising fourfold to Rs 8,363 crore, marking the highest-ever monthly inflow for the category [18][19].