Domestic equity benchmark BSE Sensex rose over 150 points in early trade Wednesday tracking gains in index heavyweights ICICI Bank, L&amp;T and RIL, amid heavy foreign fund inflow.

After swinging over 200 points within the first 15 minutes of trade, the 30-share index pared opening losses to trade 111.08 points, or 0.28 per cent, higher at 39,546.02 at 0930 hours. Similarly, the broader NSE Nifty was quoting 32.60 points, or 0.28 per cent, up at 11,829.05.

In the previous session on Tuesday, the BSE gauge settled 311.98 points, or 0.80 per cent, higher at 39,434.94; and the Nifty rose 96.80 points, or 0.83 per cent, to 11,796.45.

Top gainers in the Sensex pack included PowerGrid, NTPC, Sun Pharma, L&amp;T, ICICI Bank, Axis Bank, Tata Motors, M&amp;M, Vedanta and ONGC, rising up to 2.26 per cent.

While, Tata Steel, Bajaj Finance, HUL, TCS, HDFC and IndusInd Bank fell up to 0.26 per cent.

According to experts, a positive momentum has been triggered in domestic stock market as monsoon swiftly progressed towards central and north India.

Despite weakness in global markets after US Fed chief Jerome Powell tempered expectations of aggressive rate cuts in the future, domestic investors were upbeat amid heavy foreign fund inflow ahead of the union budget next week as all eyes remain on what measure the current government will undertake to boost growth, traders said.

On a net basis, foreign institutional investors bought equities worth Rs 1,157.87 crore, and domestic institutional investors purchased shares to the tune of Rs 377.22 crore, provisional data available with stock exchanges showed Tuesday.

Meanwhile, Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading on a mixed note in their respective early sessions. 
On Wall Street, S&amp;P500 and Nasdaq ended in the red on Tuesday.

On the currency front, the Indian rupee depreciated 10 paise to 69.46 against the US dollar.

The global oil benchmark Brent crude futures rose 1.31 per cent to 65.12 per barrel.&nbsp;

Domestic equity benchmark BSE Sensex rose over 150 points in early trade Wednesday tracking gains in index heavyweights ICICI Bank, L&T and RIL, amid heavy foreign fund inflow.

Domestic equity benchmark BSE Sensex rose over 150 points in early trade Wednesday tracking gains in index heavyweights ICICI Bank, L&T and RIL, amid heavy foreign fund inflow. After swinging over 200 points within the first 15 minutes of trade, the 30-share index pared opening losses to trade 111.08 points, or 0.28 per cent, higher at 39,546.02 at 0930 hours. Similarly, the broader NSE Nifty was quoting 32.60 points, or 0.28 per cent, up at 11,829.05. In the previous session on Tuesday, the BSE gauge settled 311.98 points, or 0.80 per cent, higher at 39,434.94; and the Nifty rose 96.80 points, or 0.83 per cent, to 11,796.45. Top gainers in the Sensex pack included PowerGrid, NTPC, Sun Pharma, L&T, ICICI Bank, Axis Bank, Tata Motors, M&M, Vedanta and ONGC, rising up to 2.26 per cent. While, Tata Steel, Bajaj Finance, HUL, TCS, HDFC and IndusInd Bank fell up to 0.26 per cent. According to experts, a positive momentum has been triggered in domestic stock market as monsoon swiftly progressed towards central and north India. Despite weakness in global markets after US Fed chief Jerome Powell tempered expectations of aggressive rate cuts in the future, domestic investors were upbeat amid heavy foreign fund inflow ahead of the union budget next week as all eyes remain on what measure the current government will undertake to boost growth, traders said. On a net basis, foreign institutional investors bought equities worth Rs 1,157.87 crore, and domestic institutional investors purchased shares to the tune of Rs 377.22 crore, provisional data available with stock exchanges showed Tuesday. Meanwhile, Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading on a mixed note in their respective early sessions. On Wall Street, S&P500 and Nasdaq ended in the red on Tuesday. On the currency front, the Indian rupee depreciated 10 paise to 69.46 against the US dollar. The global oil benchmark Brent crude futures rose 1.31 per cent to 65.12 per barrel.

Sensex rises over 150 points; Nifty above 11,800

Domestic equity benchmark BSE Sensex fell over 150 points in early trade Tuesday tracking losses in IT stocks amid weak cues from other Asian markets.

The 30-share index was trading 124.41 points, or 0.32 per cent, lower at 38,998.55 at 0930 hours. Similarly, the broader NSE Nifty was quoting 35.25 points, or 0.30 per cent, down at 11,664.40.

In the previous session Monday, the BSE gauge settled 71.53 points, or 0.18 per cent, lower at 39,122.96, and the Nifty dropped 24.45 points, or 0.21 per cent, to 11,699.65.

Top losers in the Sensex pack included HCL Tech, Sun Pharma, Hero MotoCorp, Asian Paints, Tata Steel, TechM, TCS and IndusInd Bank, shedding up to 1.44 per cent.

On the other hand, Vedanta, ONGC, PowerGrid, RIL, NTPC, Maruti and Kotak Bank, rising up to 1.31 per cent.

Domestic markets opened on a negative note following weak trade in other Asian equities, traders said.

Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading significantly lower in their respective early sessions.

On Wall Street, S&amp;P500 and Nasdaq too ended in the red on Monday.

According to Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas, multiple factors such as slowing economic growth, rising crude oil prices due to US- Iran skirmish and delay in monsoons are keeping domestic investor sentiment tepid.

"Also, the upcoming union budget remains the key near term event in the market and the government efforts to revive the economy will be watched closely by market participants," he added.&nbsp;&nbsp; &nbsp;

Meanwhile, on a net basis, foreign institutional investors bought equities worth Rs 207.33 crore, and domestic institutional investors purchased shares to the tune of Rs 984.43 crore, provisional data available with stock exchanges showed Monday.

The global oil benchmark Brent crude futures fell 0.93 per cent to 63.58 per barrel.

On the currency front, the Indian rupee appreciated 6 paise at 69.28 against the US dollar.&nbsp;

Domestic equity benchmark BSE Sensex fell over 150 points in early trade Tuesday tracking losses in IT stocks amid weak cues from other Asian markets. The 30-share index was trading 124.

Domestic equity benchmark BSE Sensex fell over 150 points in early trade Tuesday tracking losses in IT stocks amid weak cues from other Asian markets. The 30-share index was trading 124.41 points, or 0.32 per cent, lower at 38,998.55 at 0930 hours. Similarly, the broader NSE Nifty was quoting 35.25 points, or 0.30 per cent, down at 11,664.40. In the previous session Monday, the BSE gauge settled 71.53 points, or 0.18 per cent, lower at 39,122.96, and the Nifty dropped 24.45 points, or 0.21 per cent, to 11,699.65. Top losers in the Sensex pack included HCL Tech, Sun Pharma, Hero MotoCorp, Asian Paints, Tata Steel, TechM, TCS and IndusInd Bank, shedding up to 1.44 per cent. On the other hand, Vedanta, ONGC, PowerGrid, RIL, NTPC, Maruti and Kotak Bank, rising up to 1.31 per cent. Domestic markets opened on a negative note following weak trade in other Asian equities, traders said. Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading significantly lower in their respective early sessions. On Wall Street, S&P500 and Nasdaq too ended in the red on Monday. According to Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas, multiple factors such as slowing economic growth, rising crude oil prices due to US- Iran skirmish and delay in monsoons are keeping domestic investor sentiment tepid. "Also, the upcoming union budget remains the key near term event in the market and the government efforts to revive the economy will be watched closely by market participants," he added. Meanwhile, on a net basis, foreign institutional investors bought equities worth Rs 207.33 crore, and domestic institutional investors purchased shares to the tune of Rs 984.43 crore, provisional data available with stock exchanges showed Monday. The global oil benchmark Brent crude futures fell 0.93 per cent to 63.58 per barrel. On the currency front, the Indian rupee appreciated 6 paise at 69.28 against the US dollar.

Sensex falls over 150 points; IT stocks drag

The key domestic stock market indices on Thursday opened lower after the US Federal Reserve has left interest rates unchanged.

While the Sensex is trading at 38,942.82, 170 points down from the last close, Nifty is at 11,651.25, down 40.20 points from the previous settlement.&nbsp;

Today, the Rupee opened higher at 69.48 per dollar against the previous close of 69.68 per dollar amid positive global cues.&nbsp;

The key domestic stock market indices on Thursday opened lower after the US Federal Reserve has left interest rates unchanged. While the Sensex is trading at 38,942.

The key domestic stock market indices on Thursday opened lower after the US Federal Reserve has left interest rates unchanged. While the Sensex is trading at 38,942.82, 170 points down from the last close, Nifty is at 11,651.25, down 40.20 points from the previous settlement. Today, the Rupee opened higher at 69.48 per dollar against the previous close of 69.68 per dollar amid positive global cues.

Sensex drops over 100 points, Nifty down by 40.20 points

<a href="https://www.wionews.com/business-economy/sensex-gains-over-300-points-nifty-past-11750-228541">The BSE Sensex</a> rallied 489 points Thursday, driven by gains in banking, healthcare and auto stocks, amid strong cues from the global markets after the US Federal Reserve hinted at a rate cut shortly.

After gyrating over 700 points during the day, the BSE gauge settled 488.89 points or 1.25 per cent, higher at 39,601.63. The index hit an intra-day high of 39,638.64 and a low of 38,933.78.

Similarly, the broader NSE Nifty closed 140.30 points or 1.20 per cent, higher at 11,831.75. During the day, the index touched a high of 11,843.50 and a low of 11,635.05.

Yes, Bank was the biggest gainer in the Sensex pack, rallying 10.94 per cent.

Other gainers included Sun Pharma, IndusInd Bank, L&amp;T, ICICI Bank, Maruti, Bajaj Auto, Tata Motors and ONGC, rallying up to 4.01 per cent.

HUL, HDFC Bank, ITC and NTPC were the only losers in the index, shedding up to 0.26 per cent.

Meanwhile, shares of Jet Airways witnessed a massive rebound, ending 93 per cent higher, after taking nearly 90 per cent in the past 13 sessions.

According to experts, domestic investors took cues from firm global markets that rallied after the US Federal Reserve's policy outcome. 
The US central bank Wednesday left the interest rates unchanged but indicated it will not hesitate to cut rates to boost the economy amid growing uncertainties.

Bourses in Shanghai, Hong Kong, Tokyo, and Seoul ended significantly higher. Equity markets in Europe too were trading in the green in early deals.

Hopes of a breakthrough in US-China trade talks too boosted global investor sentiment, traders said.

On the currency front, the Indian rupee appreciated 11 paise to 69.57 against the US dollar intra-day.

Brent crude futures, the global oil benchmark, rose 2.67 percent to USD 63.47 per barrel amid a flare-up in geopolitical tensions in the Middle East.&nbsp;

The BSE Sensex rallied 489 points Thursday, driven by gains in banking, healthcare and auto stocks, amid strong cues from the global markets after the US Federal Reserve hinted at a rate cut shortly.

The BSE Sensex rallied 489 points Thursday, driven by gains in banking, healthcare and auto stocks, amid strong cues from the global markets after the US Federal Reserve hinted at a rate cut shortly. After gyrating over 700 points during the day, the BSE gauge settled 488.89 points or 1.25 per cent, higher at 39,601.63. The index hit an intra-day high of 39,638.64 and a low of 38,933.78. Similarly, the broader NSE Nifty closed 140.30 points or 1.20 per cent, higher at 11,831.75. During the day, the index touched a high of 11,843.50 and a low of 11,635.05. Yes, Bank was the biggest gainer in the Sensex pack, rallying 10.94 per cent. Other gainers included Sun Pharma, IndusInd Bank, L&T, ICICI Bank, Maruti, Bajaj Auto, Tata Motors and ONGC, rallying up to 4.01 per cent. HUL, HDFC Bank, ITC and NTPC were the only losers in the index, shedding up to 0.26 per cent. Meanwhile, shares of Jet Airways witnessed a massive rebound, ending 93 per cent higher, after taking nearly 90 per cent in the past 13 sessions. According to experts, domestic investors took cues from firm global markets that rallied after the US Federal Reserve's policy outcome. The US central bank Wednesday left the interest rates unchanged but indicated it will not hesitate to cut rates to boost the economy amid growing uncertainties. Bourses in Shanghai, Hong Kong, Tokyo, and Seoul ended significantly higher. Equity markets in Europe too were trading in the green in early deals. Hopes of a breakthrough in US-China trade talks too boosted global investor sentiment, traders said. On the currency front, the Indian rupee appreciated 11 paise to 69.57 against the US dollar intra-day. Brent crude futures, the global oil benchmark, rose 2.67 percent to USD 63.47 per barrel amid a flare-up in geopolitical tensions in the Middle East.

Sensex soars 489 points as dovish Fed lifts global markets

Domestic equity benchmark BSE Sensex and NSE Nifty on Wednesday opened higher in early trade on&nbsp;strong global cues.

At 09:35 am, the BSE S&amp;P Sensex was up 370 points at 39,417&nbsp;while the Nifty 50 climbed up 110 points to 11,802.&nbsp;

Asian share markets jumped today as investors hoped that the Federal Reserve could open the door to future rate cuts.

Yesterday, the benchmark indices Sensex and Nifty closed marginally higher snapping a four-day losing streak after a choppy day of trade.

The Sensex closed 85.55 points, or 0.22 per cent, higher at 39,046.34 while the Nifty closed 19.35 points, or 0.17 per cent, in the green.

Domestic equity benchmark BSE Sensex and NSE Nifty on Wednesday opened higher in early trade on strong global cues. At 09:35 am, the BSE S&P Sensex was up 370 points at 39,417 while the Nifty 50 climbed up 110 points to 11,802.

Domestic equity benchmark BSE Sensex and NSE Nifty on Wednesday opened higher in early trade on strong global cues. At 09:35 am, the BSE S&P Sensex was up 370 points at 39,417 while the Nifty 50 climbed up 110 points to 11,802. Asian share markets jumped today as investors hoped that the Federal Reserve could open the door to future rate cuts. Yesterday, the benchmark indices Sensex and Nifty closed marginally higher snapping a four-day losing streak after a choppy day of trade. The Sensex closed 85.55 points, or 0.22 per cent, higher at 39,046.34 while the Nifty closed 19.35 points, or 0.17 per cent, in the green.

Sensex gains over 350 points, Nifty past 11,750 mark

Jet Airways' shares faced massive drubbing Tuesday and tumbled nearly 41 per cent after State Bank of India-led consortium of lenders decided to send the grounded airline to the <a href="https://www.wionews.com/business-economy/banks-vote-to-send-jet-airways-for-bankruptcy-to-recover-dues-228085">National Company Law Tribunal</a>.

The scrip plummeted 40.78 per cent to close at Rs 40.45 on the BSE. During the day, it tanked 52.78 per cent to hit an all-time low of Rs 32.25.

On the National Stock Exchange (NSE), shares plunged 40.78 per cent to close at Rs 40.50 apiece. During the day, it dropped 53.72 per cent to a record low of Rs 31.65.

On the traded volume front, 60.53 lakh shares of the company were traded on the BSE and over four crore shares on the NSE during the day.

This the 12th consecutive trading day fall for Jet Airways and the scrip has plunged over 73 per cent during this time, wiping out Rs 1,253.5 crore from its market valuation, on the BSE.

Harried bankers Monday decided against an outright sale of Jet Airways to the lone bidder and instead voted to send it for bankruptcy to recover their Rs 8,000 crore dues.

The once-largest private sector airline, started over 25 years ago, stopped flying in April after it ran out of cash and the unpaid lessors took away most of its 100-odd operational aircraft.

After a meeting of the 26 lenders on Monday, SBI in a statement said that "after due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received".

The decision of the lenders to seek bankruptcy process through the NCLT came exactly two months after the airline stopped flying on April 17 after being on the fringe since last July.

The scrip has also been on a backfoot following announcement that stock exchanges will impose restrictions on trading in Jet Airways' shares from June 28 as part of preventive surveillance measures to curb excessive volatility, according to a circular issued last week. 
&nbsp;

Jet Airways' shares faced massive drubbing Tuesday and tumbled nearly 41 per cent after State Bank of India-led consortium of lenders decided to send the grounded airline to the National Company Law Tribunal.

Jet Airways' shares faced massive drubbing Tuesday and tumbled nearly 41 per cent after State Bank of India-led consortium of lenders decided to send the grounded airline to the National Company Law Tribunal. The scrip plummeted 40.78 per cent to close at Rs 40.45 on the BSE. During the day, it tanked 52.78 per cent to hit an all-time low of Rs 32.25. On the National Stock Exchange (NSE), shares plunged 40.78 per cent to close at Rs 40.50 apiece. During the day, it dropped 53.72 per cent to a record low of Rs 31.65. On the traded volume front, 60.53 lakh shares of the company were traded on the BSE and over four crore shares on the NSE during the day. This the 12th consecutive trading day fall for Jet Airways and the scrip has plunged over 73 per cent during this time, wiping out Rs 1,253.5 crore from its market valuation, on the BSE. Harried bankers Monday decided against an outright sale of Jet Airways to the lone bidder and instead voted to send it for bankruptcy to recover their Rs 8,000 crore dues. The once-largest private sector airline, started over 25 years ago, stopped flying in April after it ran out of cash and the unpaid lessors took away most of its 100-odd operational aircraft. After a meeting of the 26 lenders on Monday, SBI in a statement said that "after due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received". The decision of the lenders to seek bankruptcy process through the NCLT came exactly two months after the airline stopped flying on April 17 after being on the fringe since last July. The scrip has also been on a backfoot following announcement that stock exchanges will impose restrictions on trading in Jet Airways' shares from June 28 as part of preventive surveillance measures to curb excessive volatility, according to a circular issued last week.

Jet Airways shares plummet 41% as company lands in bankruptcy court

After ending in red on the previous close on Monday, the domestic stock market on Tuesday closed in green. While BSE Sensex went up 85.55 points to close at 39,046.34, NSE Nifty climbed 19.35 points at 11,691.50.

Sensex rebounded more than 150 points in the opening trade today morning and traded marginally higher at 38,969.76 at around 9.45 am. Nifty was trading slightly up at 11,678.25.

On Monday, BSE Sensex plunged 491.28 points to end at 38,960.79. Nifty, on the other hand, dropped 151.15 points to close at 11,672.15.

The stock market indices opened lower in early trade on Monday morning and continued to trade low this afternoon amid rising global crude oil prices and international trade tensions.

Meanwhile, the rupee gained 11 paise to 69.80 against the US dollar in opening trade.&nbsp;

(With inputs from agencies)&nbsp;

After ending in red on the previous close on Monday, the domestic stock market on Tuesday closed in green. While BSE Sensex went up 85.55 points to close at 39,046.

After ending in red on the previous close on Monday, the domestic stock market on Tuesday closed in green. While BSE Sensex went up 85.55 points to close at 39,046.34, NSE Nifty climbed 19.35 points at 11,691.50. Sensex rebounded more than 150 points in the opening trade today morning and traded marginally higher at 38,969.76 at around 9.45 am. Nifty was trading slightly up at 11,678.25. On Monday, BSE Sensex plunged 491.28 points to end at 38,960.79. Nifty, on the other hand, dropped 151.15 points to close at 11,672.15. The stock market indices opened lower in early trade on Monday morning and continued to trade low this afternoon amid rising global crude oil prices and international trade tensions. Meanwhile, the rupee gained 11 paise to 69.80 against the US dollar in opening trade. (With inputs from agencies)

Markets end in green; Sensex up by 85 points, Nifty at 11,691

The domestic stock market on Monday closed in red with BSE Sensex plunging 491.28 points to end at 38,960.79. Nifty, on the other hand, dropped 151.15 points to close at 11,672.15.

The stock market indices opened lower in early trade on Monday morning and continued to trade low this afternoon amid rising global crude oil prices and international trade tensions.

At 2 pm,&nbsp;Sensex was down over 350 points, it opened at 39,514.36 which was slightly higher from its Friday's close of 39,452.07. Nifty was down over 100 points, trading at 11,711.20 points this afternoon.

In its previous session on Friday, BSE Sensex settled 289.29 points, or 0.73 per cent, lower at 39,452.07. Nifty tumbled 90.75 points, or 0.76 per cent, to close at 11,823.30.

Meanwhile, the rupee traded flat at 69.79 per dollar against the previous close of 69.80 per dollar.&nbsp;

The domestic stock market on Monday closed in red with BSE Sensex plunging 491.28 points to end at 38,960.79. Nifty, on the other hand, dropped 151.15 points to close at 11,672.

The domestic stock market on Monday closed in red with BSE Sensex plunging 491.28 points to end at 38,960.79. Nifty, on the other hand, dropped 151.15 points to close at 11,672.15. The stock market indices opened lower in early trade on Monday morning and continued to trade low this afternoon amid rising global crude oil prices and international trade tensions. At 2 pm, Sensex was down over 350 points, it opened at 39,514.36 which was slightly higher from its Friday's close of 39,452.07. Nifty was down over 100 points, trading at 11,711.20 points this afternoon. In its previous session on Friday, BSE Sensex settled 289.29 points, or 0.73 per cent, lower at 39,452.07. Nifty tumbled 90.75 points, or 0.76 per cent, to close at 11,823.30. Meanwhile, the rupee traded flat at 69.79 per dollar against the previous close of 69.80 per dollar.

Sensex drops 491 points, markets close in red 

The domestic stock market indices Sensex and Nifty are trading lower on Monday afternoon amid rising global crude oil prices and international trade tensions.

At 2 pm, &nbsp;Sensex is down over 350 points, It opened at 39,514.36 slightly higher from its Friday's close of 39,452.07, extending losses after opening in red today on worries over rising crude oil prices and escalating global trade tensions. NSE Nifty is down over 100 points, trading at 11,711.20 points.

Besides, investors continued to watch developments in the Middle East after a pair of oil tankers were attacked near the Strait of Hormuz on June 13. The incident escalates tensions in the region, heightening fears of a potential US-Iran military confrontation and disruption in oil supplies. Crude futures climbed 0.5 per cent the very next day.

The Brent was trading at $62.20 per barrel, up by 0.3 per cent.

The rupee was trading flat at 69.79 per dollar against the previous close of 69.80 per dollar on Monday.

(With inputs from agencies)

The domestic stock market indices Sensex and Nifty are trading lower on Monday afternoon amid rising global crude oil prices and international trade tensions. At 2 pm, Sensex is down over 350 points, It opened at 39,514.

The domestic stock market indices Sensex and Nifty are trading lower on Monday afternoon amid rising global crude oil prices and international trade tensions. At 2 pm, Sensex is down over 350 points, It opened at 39,514.36 slightly higher from its Friday's close of 39,452.07, extending losses after opening in red today on worries over rising crude oil prices and escalating global trade tensions. NSE Nifty is down over 100 points, trading at 11,711.20 points. Besides, investors continued to watch developments in the Middle East after a pair of oil tankers were attacked near the Strait of Hormuz on June 13. The incident escalates tensions in the region, heightening fears of a potential US-Iran military confrontation and disruption in oil supplies. Crude futures climbed 0.5 per cent the very next day. The Brent was trading at $62.20 per barrel, up by 0.3 per cent. The rupee was trading flat at 69.79 per dollar against the previous close of 69.80 per dollar on Monday. (With inputs from agencies)

Sensex tumbles over 350 points, Nifty falls 1 per cent

<a href="https://www.wionews.com/business-economy/post-jet-crisis-indian-airfares-skyrocketing-210648">Shares of Jet Airways</a> continued the downward trend, plunging over 18 per cent Monday as stock exchanges, last week, decided to impose restrictions on its stock trading from June 28.

The scrip which has been tumbling for the 11th consecutive day further plummeted 18.28 per cent to hit a multi-year low of 67.05 on the BSE. 
At NSE, shares plunged 17.94 per cent to a multi-year low of Rs 67.

In 11 trading days, the scrip has tumbled over 55 per cent from Rs 150.85 on May 30.

Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28 as part of preventive surveillance measures to curb excessive volatility, according to a circular issued last week.

The cash-starved airline suspended operations in April.

In a circular on Wednesday, NSE said shares of the company would be shifted from "Rolling Segment to Trade for Trade Segment, wherein the settlement in the script will take place on a gross basis with 100 per cent upfront margin and 5 per cent price band".

There are restrictions in trading of shares that are under Trade for Trade Segment.&nbsp;

Shares of Jet Airways continued the downward trend, plunging over 18 per cent Monday as stock exchanges, last week, decided to impose restrictions on its stock trading from June 28.

Shares of Jet Airways continued the downward trend, plunging over 18 per cent Monday as stock exchanges, last week, decided to impose restrictions on its stock trading from June 28. The scrip which has been tumbling for the 11th consecutive day further plummeted 18.28 per cent to hit a multi-year low of 67.05 on the BSE. At NSE, shares plunged 17.94 per cent to a multi-year low of Rs 67. In 11 trading days, the scrip has tumbled over 55 per cent from Rs 150.85 on May 30. Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28 as part of preventive surveillance measures to curb excessive volatility, according to a circular issued last week. The cash-starved airline suspended operations in April. In a circular on Wednesday, NSE said shares of the company would be shifted from "Rolling Segment to Trade for Trade Segment, wherein the settlement in the script will take place on a gross basis with 100 per cent upfront margin and 5 per cent price band". There are restrictions in trading of shares that are under Trade for Trade Segment.

Jet Airways shares continue to face massive selling pressure; tumble over 18%

Extending its losses for the third straight session, benchmark BSE Sensex slumped 289 points Friday, dragged by banking stocks amid weak cues from global markets.

After cracking nearly 400 points during the day, the BSE gauge settled 289.29 points, or 0.73 per cent, lower at 39,452.07. The index hit an intra-day low of 39,363.45 and a high of 39,799.90.

Similarly. The broader NSE Nifty tumbled 90.75 points, or 0.76 per cent, to close at 11,823.30. During the day, the index touched a low of 11,797.70 and a high of 11,911.85.

Top losers in the Sensex pack included IndusInd Bank, Bharti Airtel, Tata Motors, Axis Bank, Kotak Bank, Bajaj Auto, Yes Bank, HCL Tech, HUL and Hero MotoCorp, falling up to 4.36 per cent.

Bucking the weak market trend, L&amp;T, Sun Pharma, Vedanta, PowerGrid and TCS rose up to 0.80 per cent.

According to experts, the domestic market ended significantly lower tracking weak cues from global markets amid continued uncertainty over US-China trade talks and escalating tensions between the US and Iran after attacks on two oil tankers in the Gulf of Oman on Thursday.

After spiking over 4 per cent over the past two days, Brent crude futures pared gains to trade 0.11 per cent lower at $61.24 per barrel.

Elsewhere in Asia, while Tokyo stocks ended in the green, bourses in Shanghai, Hong Kong and Seoul closed lower.

Exchanges in Europe were also trading in the red in early deals.

On the currency front, the Indian rupee depreciated 19 paise to 69.69 against the US dollar intra-day.&nbsp; 
&nbsp;

Extending its losses for the third straight session, benchmark BSE Sensex slumped 289 points Friday, dragged by banking stocks amid weak cues from global markets.

Extending its losses for the third straight session, benchmark BSE Sensex slumped 289 points Friday, dragged by banking stocks amid weak cues from global markets. After cracking nearly 400 points during the day, the BSE gauge settled 289.29 points, or 0.73 per cent, lower at 39,452.07. The index hit an intra-day low of 39,363.45 and a high of 39,799.90. Similarly. The broader NSE Nifty tumbled 90.75 points, or 0.76 per cent, to close at 11,823.30. During the day, the index touched a low of 11,797.70 and a high of 11,911.85. Top losers in the Sensex pack included IndusInd Bank, Bharti Airtel, Tata Motors, Axis Bank, Kotak Bank, Bajaj Auto, Yes Bank, HCL Tech, HUL and Hero MotoCorp, falling up to 4.36 per cent. Bucking the weak market trend, L&T, Sun Pharma, Vedanta, PowerGrid and TCS rose up to 0.80 per cent. According to experts, the domestic market ended significantly lower tracking weak cues from global markets amid continued uncertainty over US-China trade talks and escalating tensions between the US and Iran after attacks on two oil tankers in the Gulf of Oman on Thursday. After spiking over 4 per cent over the past two days, Brent crude futures pared gains to trade 0.11 per cent lower at $61.24 per barrel. Elsewhere in Asia, while Tokyo stocks ended in the green, bourses in Shanghai, Hong Kong and Seoul closed lower. Exchanges in Europe were also trading in the red in early deals. On the currency front, the Indian rupee depreciated 19 paise to 69.69 against the US dollar intra-day.

Sensex slumps 289 points; bank stocks drag

The domestic stock markets on Thursday ended on a tepid note as BSE Sensex settled 15.45 points lower at 39,741.36 while NSE Nifty inched up 7.85 points to close at 11,914.05.

In early trade, BSE Sensex fell over 100 points amid heavy foreign fund outflow and negative global cues.

Nifty was quoted 35.90 points, or 0.30 per cent, down at 11,870.30 in opening trade today. 
&nbsp; 
On Wednesday, Sensex and Nifty both ended in red snapping former's three-day rising streak.

While Sensex ended 194 points lower, Nifty fell 59.40 points, or 0.50 per cent, to close at 11,906.20.&nbsp;

The domestic currency on Thursday depreciated marginally to 69.37 against the US dollar.

Meanwhile, the global oil benchmark Brent crude futures were trading 0.08 per cent lower at 59.92 per barrel.

The domestic stock markets on Thursday ended on a tepid note as BSE Sensex settled 15.45 points lower at 39,741.36 while NSE Nifty inched up 7.85 points to close at 11,914.

The domestic stock markets on Thursday ended on a tepid note as BSE Sensex settled 15.45 points lower at 39,741.36 while NSE Nifty inched up 7.85 points to close at 11,914.05. In early trade, BSE Sensex fell over 100 points amid heavy foreign fund outflow and negative global cues. Nifty was quoted 35.90 points, or 0.30 per cent, down at 11,870.30 in opening trade today. On Wednesday, Sensex and Nifty both ended in red snapping former's three-day rising streak. While Sensex ended 194 points lower, Nifty fell 59.40 points, or 0.50 per cent, to close at 11,906.20. The domestic currency on Thursday depreciated marginally to 69.37 against the US dollar. Meanwhile, the global oil benchmark Brent crude futures were trading 0.08 per cent lower at 59.92 per barrel.

Sensex falls 15 points, Nifty inches up to close at 11,914.05

Snapping its three-day rising streak, domestic equity benchmark BSE Sensex ended 194 points lower Wednesday, dragged by losses in banking and auto stocks amid weak global cues.

Investors were also cautious ahead of the release of inflation and factory output numbers, traders said.

After slumping over 300 points during the day, the BSE gauge pared some losses to settle 193.65 points, or 0.48 per cent, lower at 39,756.81. The index hit an intra-day low of 39,623.53 and a high of 39,982.10.

Similarly, the broader NSE Nifty fell 59.40 points, or 0.50 per cent, to close at 11,906.20. During the day, the index touched a low of 11,866.35 and a high of 11,962.45.

Yes Bank was the worst performer in the Sensex pack, declining 3.34 per cent, after Moody's placed the private sector lender's ratings under review for a possible downgrade.

Other losers included Maruti, Kotak Bank, Hero MotoCorp, Bajaj Auto, IndusInd Bank and Bajaj Finance, that shed up to 1.79 per cent.

On the other hand, Tata Steel, ONGC, Vedanta, Sun Pharma, TCS, RIL, HUL and ITC bucked the weak market trend and gained up to 2.60 per cent.

According to experts, the market mood turned negative tracking weak cues from overseas markets after US President Donald Trump Tuesday said he was not interested in a trade deal with China unless it agreed to four-five major points.

Elsewhere in Asia, Shanghai Composite Index fell 0.56 per cent, Hang Seng ended 1.73 per cent lower, Nikkei slipped 0.35 per cent and Kospi shed 0.14 per cent.

Bourses in Europe were also trading in the red in their early deals.

On the currency front, the Indian rupee appreciated 10 paise to 69.34 against the US dollar intra-day.

Brent crude futures, the global oil benchmark, dived 2.57 per cent to $60.69 per barrel.

Snapping its three-day rising streak, domestic equity benchmark BSE Sensex ended 194 points lower Wednesday, dragged by losses in banking and auto stocks amid weak global cues.

Snapping its three-day rising streak, domestic equity benchmark BSE Sensex ended 194 points lower Wednesday, dragged by losses in banking and auto stocks amid weak global cues. Investors were also cautious ahead of the release of inflation and factory output numbers, traders said. After slumping over 300 points during the day, the BSE gauge pared some losses to settle 193.65 points, or 0.48 per cent, lower at 39,756.81. The index hit an intra-day low of 39,623.53 and a high of 39,982.10. Similarly, the broader NSE Nifty fell 59.40 points, or 0.50 per cent, to close at 11,906.20. During the day, the index touched a low of 11,866.35 and a high of 11,962.45. Yes Bank was the worst performer in the Sensex pack, declining 3.34 per cent, after Moody's placed the private sector lender's ratings under review for a possible downgrade. Other losers included Maruti, Kotak Bank, Hero MotoCorp, Bajaj Auto, IndusInd Bank and Bajaj Finance, that shed up to 1.79 per cent. On the other hand, Tata Steel, ONGC, Vedanta, Sun Pharma, TCS, RIL, HUL and ITC bucked the weak market trend and gained up to 2.60 per cent. According to experts, the market mood turned negative tracking weak cues from overseas markets after US President Donald Trump Tuesday said he was not interested in a trade deal with China unless it agreed to four-five major points. Elsewhere in Asia, Shanghai Composite Index fell 0.56 per cent, Hang Seng ended 1.73 per cent lower, Nikkei slipped 0.35 per cent and Kospi shed 0.14 per cent. Bourses in Europe were also trading in the red in their early deals. On the currency front, the Indian rupee appreciated 10 paise to 69.34 against the US dollar intra-day. Brent crude futures, the global oil benchmark, dived 2.57 per cent to $60.69 per barrel.

Sensex slumps 194 points; Yes Bank tumbles over 3%

The benchmark BSE Sensex rallied over 350 points and the NSE Nifty reclaimed the 11,900 level in early trade Monday driven by gains in IT and banking stocks amid positive global and domestic cues.

After hitting a peak of 39,979.48, the 30-share index was trading 272.07 points or 0.69 per cent, higher at 39,887.97. Similarly, the broader NSE Nifty spurted 76.25 points, or 0.64 per cent, to 11,946.90.

In the previous session on Friday, the Sensex settled 86.18 points or 0.22 per cent, higher at 39,615.90. Similarly, the broader NSE Nifty rose 26.90 points, or 0.23 per cent, to 11,870.65.

Top Sensex gainers in early session Monday include PowerGrid, Tata Steel, TCS, Yes Bank, L&amp;T, Infosys and IndusInd Bank, rising up to 2 per cent.

While, Kotak Bank, M&amp;M, HDFC, ONGC, Sun Pharma and Coal India fell up to 1 per cent.

Investors took positive cues from other Asian markets which were trading positive amid easing global trade war concerns after the United States dropped its threat to impose tariffs on Mexico.

Bourses in China, Japan and Korea were trading up to 2 per cent higher in their respective early sessions.

According to experts, the expectations of a normal monsoon and strong revival in earnings growth in FY20/FY21 driven by a turnaround in corporate banks and healthy growth in construction/infra companies would provide support to markets at higher levels.

On the currency front, the rupee appreciated marginally to 69.43 against the US dollar.

Brent crude futures, the global oil benchmark, were trading 0.52 per cent higher at 63.62 per barrel.

Meanwhile, foreign institutional investors sold equity worth Rs 478.84 crore on Friday, while domestic institutional investors purchased shares to the tune of Rs 179.79 crore, provisional data available with stock exchanges showed.&nbsp;

The benchmark BSE Sensex rallied over 350 points and the NSE Nifty reclaimed the 11,900 level in early trade Monday driven by gains in IT and banking stocks amid positive global and domestic cues.

The benchmark BSE Sensex rallied over 350 points and the NSE Nifty reclaimed the 11,900 level in early trade Monday driven by gains in IT and banking stocks amid positive global and domestic cues. After hitting a peak of 39,979.48, the 30-share index was trading 272.07 points or 0.69 per cent, higher at 39,887.97. Similarly, the broader NSE Nifty spurted 76.25 points, or 0.64 per cent, to 11,946.90. In the previous session on Friday, the Sensex settled 86.18 points or 0.22 per cent, higher at 39,615.90. Similarly, the broader NSE Nifty rose 26.90 points, or 0.23 per cent, to 11,870.65. Top Sensex gainers in early session Monday include PowerGrid, Tata Steel, TCS, Yes Bank, L&T, Infosys and IndusInd Bank, rising up to 2 per cent. While, Kotak Bank, M&M, HDFC, ONGC, Sun Pharma and Coal India fell up to 1 per cent. Investors took positive cues from other Asian markets which were trading positive amid easing global trade war concerns after the United States dropped its threat to impose tariffs on Mexico. Bourses in China, Japan and Korea were trading up to 2 per cent higher in their respective early sessions. According to experts, the expectations of a normal monsoon and strong revival in earnings growth in FY20/FY21 driven by a turnaround in corporate banks and healthy growth in construction/infra companies would provide support to markets at higher levels. On the currency front, the rupee appreciated marginally to 69.43 against the US dollar. Brent crude futures, the global oil benchmark, were trading 0.52 per cent higher at 63.62 per barrel. Meanwhile, foreign institutional investors sold equity worth Rs 478.84 crore on Friday, while domestic institutional investors purchased shares to the tune of Rs 179.79 crore, provisional data available with stock exchanges showed.

Sensex rallies over 350 points; Nifty above 11,900 mark

Shares closed lower on Tuesday as investors awaited the central bank's policy meeting decision later this week, weighed down by technology stocks. 
The broader Nifty fell 0.55 per cent to 12,021.65, while the benchmark Sensex settled 0.46 per cent&nbsp;lower at 40,083.54.

Tata Consultancy Services fell 2.6 per cent, dragging the Nifty IT index 1.6 per cent&nbsp;lower.

Country's economy grew at its slowest pace in more than four years in the January-March period, raising prospects of a rate cut by the Reserve Bank of India on Thursday.

On&nbsp;Monday, shares rose about 1.5 per cent&nbsp;to record close as weak economic growth data raised prospects of a rate cut by the central bank at its policy meeting scheduled later this week.

Both the broader NSE Nifty and the benchmark BSE Sensex gained 1.39 per cent&nbsp;each, settling above the 12,000 and 40,000 levels, respectively, for the first time ever.

Hero MotoCorp Ltd advanced about 6 per cent&nbsp;and was the top gainer on both the indexes. The Nifty Auto index rose over 2 per cent.&nbsp;

Indian markets are closed on Wednesday for a holiday.

Shares closed lower on Tuesday as investors awaited the central bank's policy meeting decision later this week, weighed down by technology stocks. The broader Nifty fell 0.

Shares closed lower on Tuesday as investors awaited the central bank's policy meeting decision later this week, weighed down by technology stocks. The broader Nifty fell 0.55 per cent to 12,021.65, while the benchmark Sensex settled 0.46 per cent lower at 40,083.54. Tata Consultancy Services fell 2.6 per cent, dragging the Nifty IT index 1.6 per cent lower. Country's economy grew at its slowest pace in more than four years in the January-March period, raising prospects of a rate cut by the Reserve Bank of India on Thursday. On Monday, shares rose about 1.5 per cent to record close as weak economic growth data raised prospects of a rate cut by the central bank at its policy meeting scheduled later this week. Both the broader NSE Nifty and the benchmark BSE Sensex gained 1.39 per cent each, settling above the 12,000 and 40,000 levels, respectively, for the first time ever. Hero MotoCorp Ltd advanced about 6 per cent and was the top gainer on both the indexes. The Nifty Auto index rose over 2 per cent. Indian markets are closed on Wednesday for a holiday.

Sensex closes lower ahead of RBI policy decision

The key Indian equity indices created new benchmarks on Monday with the Sensex hitting a record high level of 40,283.54 points.

The Nifty50 on the National Stock Exchange touched its fresh all-time high of 12,081.85 points.

Both the broader NSE Nifty and the benchmark BSE Sensex gained 1.39% each, settling above the 12,000 and 40,000 levels, respectively, for the first time ever.

Hero MotoCorp Ltd advanced about 6% and was the top gainer on both the indexes. The Nifty Auto index rose over 2%.

Top Sensex gainers include Hero MotoCorp, Bajaj Auto, Asian Paints, IndusInd Bank, HUL, Maruti, Coal India, HDFC twins, RIL and TCS, rallying up to 5 per cent.

While, ITC, L&amp;T and NTPC slipped up to 0.29 per cent.

According to traders, investors are lapping up stocks amid expectations of an interest rate cut by Reserve Bank of India (RBI) this week.

The RBI may go for another round of rate cut, third in a row, on Thursday to prop up the economic growth which dropped to a five-year low in the final quarter of 2018-19, experts said.

The RBI's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy Thursday. The central bank had cut the short-term lending rate (repo rate) by 25 basis points each in its last two policy reviews. 
The MPC headed by RBI Governor Shaktikanta Das will meet for three days beginning June 3 to firm up the second bi-monthly monetary policy of the fiscal.

Meanwhile, foreign institutional investors bought equity worth Rs 676.15 crore on Friday, and domestic institutional investors purchased shares to the tune of Rs 394.09 crore, provisional data available with stock exchanges showed.

Elsewhere in Asia, bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions.

On the currency front, the rupee also appreciated 43 paise to 69.26 against the US dollar.

Brent crude futures, the global oil benchmark, were trading 0.31 per cent lower at 61.83 per barrel.

(With inputs from agencies)

The key Indian equity indices created new benchmarks on Monday with the Sensex hitting a record high level of 40,283.54 points. The Nifty50 on the National Stock Exchange touched its fresh all-time high of 12,081.

The key Indian equity indices created new benchmarks on Monday with the Sensex hitting a record high level of 40,283.54 points. The Nifty50 on the National Stock Exchange touched its fresh all-time high of 12,081.85 points. Both the broader NSE Nifty and the benchmark BSE Sensex gained 1.39% each, settling above the 12,000 and 40,000 levels, respectively, for the first time ever. Hero MotoCorp Ltd advanced about 6% and was the top gainer on both the indexes. The Nifty Auto index rose over 2%. Top Sensex gainers include Hero MotoCorp, Bajaj Auto, Asian Paints, IndusInd Bank, HUL, Maruti, Coal India, HDFC twins, RIL and TCS, rallying up to 5 per cent. While, ITC, L&T and NTPC slipped up to 0.29 per cent. According to traders, investors are lapping up stocks amid expectations of an interest rate cut by Reserve Bank of India (RBI) this week. The RBI may go for another round of rate cut, third in a row, on Thursday to prop up the economic growth which dropped to a five-year low in the final quarter of 2018-19, experts said. The RBI's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy Thursday. The central bank had cut the short-term lending rate (repo rate) by 25 basis points each in its last two policy reviews. The MPC headed by RBI Governor Shaktikanta Das will meet for three days beginning June 3 to firm up the second bi-monthly monetary policy of the fiscal. Meanwhile, foreign institutional investors bought equity worth Rs 676.15 crore on Friday, and domestic institutional investors purchased shares to the tune of Rs 394.09 crore, provisional data available with stock exchanges showed. Elsewhere in Asia, bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions. On the currency front, the rupee also appreciated 43 paise to 69.26 against the US dollar. Brent crude futures, the global oil benchmark, were trading 0.31 per cent lower at 61.83 per barrel. (With inputs from agencies)

Stock markets close at record high: Sensex surges 553 points, Nifty ends above 12,000 for first time

The benchmark BSE Sensex rallied over 500 points on Monday as it&nbsp;traded above 40,000 mark.

By 2:30 pm today, Sensex&nbsp;was trading at&nbsp;40,216&nbsp;while Nifty was at&nbsp;12,068.70 up by over 146&nbsp;points.

Equities have been on a high since Prime Minister Narendra Modi won a massive mandate in the recent general elections, with traders hoping for the economy to be on a growth path with a stable government.

Except for metal, pharma and PSU bank, all sectoral indices at the National Stock Exchange were in the positive zone.

Among the early gainers was Hero MotorCorp which gained 3.8 per cent at Rs 2,782 per share.

Bajaj Auto was up nearly two&nbsp;per cent at Rs 2,984 apiece.

However, ONGC dipped over two per cent.

The others which lost marginally were Tech Mahindra, Hindalco, Tata Motors and JSW Steel.

Meanwhile, Asian share markets slipped following intensifying US-China trade tensions and Washington's new tariff threats against Mexico.

Beijing implemented tariff hikes on Saturday and announced it will take action against 'unreliable'&nbsp;foreign companies.

Investors believe these developments could tip the global economy into a recession. Hong Kong opened flat on Monday while China and Korea eked out gains.&nbsp;

(With inputs from agencies)

The benchmark BSE Sensex rallied over 500 points on Monday as it traded above 40,000 mark. By 2:30 pm today, Sensex was trading at 40,216 while Nifty was at 12,068.

The benchmark BSE Sensex rallied over 500 points on Monday as it traded above 40,000 mark. By 2:30 pm today, Sensex was trading at 40,216 while Nifty was at 12,068.70 up by over 146 points. Equities have been on a high since Prime Minister Narendra Modi won a massive mandate in the recent general elections, with traders hoping for the economy to be on a growth path with a stable government. Except for metal, pharma and PSU bank, all sectoral indices at the National Stock Exchange were in the positive zone. Among the early gainers was Hero MotorCorp which gained 3.8 per cent at Rs 2,782 per share. Bajaj Auto was up nearly two per cent at Rs 2,984 apiece. However, ONGC dipped over two per cent. The others which lost marginally were Tech Mahindra, Hindalco, Tata Motors and JSW Steel. Meanwhile, Asian share markets slipped following intensifying US-China trade tensions and Washington's new tariff threats against Mexico. Beijing implemented tariff hikes on Saturday and announced it will take action against 'unreliable' foreign companies. Investors believe these developments could tip the global economy into a recession. Hong Kong opened flat on Monday while China and Korea eked out gains. (With inputs from agencies)

Sensex jumps over 500 points; Nifty at 12,069

On the day of <a href="https://www.wionews.com/india-general-elections-2019/narendra-modi-ushers-in-second-term-as-prime-minister-222608">Narendra Modi's swearing-in ceremony</a> as the prime minister, the domestic stock markets on Thursday opened on a positive note with BSE Sensex rising over 150 points to record 39,653.63 in early trade.

NSE Nifty inched up to 11,900.75, up by 39.65 points from its Wednesday close.

Meanwhile, the domestic currency appreciated by 12 paise to 69.71 against the US dollar in opening trade.

The rupee opened strong at 69.76 at the interbank forex market then gained further ground to touch 69.71 per dollar amid positive opening in domestic equities, displaying gains of 12 paise against the greenback.

On Wednesday, the rupee had settled at 69.83 against the US dollar.

Snapping its three-day rising streak, the BSE Sensex dropped 248 points yesterday while Nifty lost 67.65 points to finish at 11,861.10.

On the day of Narendra Modi's swearing-in ceremony as the prime minister, the domestic stock markets on Thursday opened on a positive note with BSE Sensex rising over 150 points to record 39,653.

On the day of Narendra Modi's swearing-in ceremony as the prime minister, the domestic stock markets on Thursday opened on a positive note with BSE Sensex rising over 150 points to record 39,653.63 in early trade. NSE Nifty inched up to 11,900.75, up by 39.65 points from its Wednesday close. Meanwhile, the domestic currency appreciated by 12 paise to 69.71 against the US dollar in opening trade. The rupee opened strong at 69.76 at the interbank forex market then gained further ground to touch 69.71 per dollar amid positive opening in domestic equities, displaying gains of 12 paise against the greenback. On Wednesday, the rupee had settled at 69.83 against the US dollar. Snapping its three-day rising streak, the BSE Sensex dropped 248 points yesterday while Nifty lost 67.65 points to finish at 11,861.10.

Ahead of Modi's swearing-in, stock market registers gains in opening trade

The domestic stock market on Wednesday opened in red with BSE Sensex dropping around 100 points and NSE Nifty struggling to maintain 11,900 mark after losing nearly 25 points in morning trade.&nbsp;

Sensex and Nifty hit fresh closing highs on sustained foreign fund inflows coupled with positive domestic cues on Tuesday, continuing to exhibit their record-setting spree for a third day in a row.

After swinging over 300 points in a highly volatile session, the 30-share index ended 66.44 points, or 0.17 per cent, higher at 39,749.73 - its all-time closing high. The gauge hit an intra-day high of 39,828.65 and a low of 39,498.65.

Likewise, the broader NSE Nifty inched 4 points, or 0.03 per cent, higher to 11,928.75 -- another closing peak for the index. During the day, the bourse hit a high of 11,958.55 and a low of 11,864.90.&nbsp;

Meanwhile, the rupee Tuesday declined by 18 paise to close at 69.69 against the US currency, weighed down by month-end dollar demand from importers and rising crude oil prices.

.

The domestic stock market on Wednesday opened in red with BSE Sensex dropping around 100 points and NSE Nifty struggling to maintain 11,900 mark after losing nearly 25 points in morning trade.

The domestic stock market on Wednesday opened in red with BSE Sensex dropping around 100 points and NSE Nifty struggling to maintain 11,900 mark after losing nearly 25 points in morning trade. Sensex and Nifty hit fresh closing highs on sustained foreign fund inflows coupled with positive domestic cues on Tuesday, continuing to exhibit their record-setting spree for a third day in a row. After swinging over 300 points in a highly volatile session, the 30-share index ended 66.44 points, or 0.17 per cent, higher at 39,749.73 - its all-time closing high. The gauge hit an intra-day high of 39,828.65 and a low of 39,498.65. Likewise, the broader NSE Nifty inched 4 points, or 0.03 per cent, higher to 11,928.75 -- another closing peak for the index. During the day, the bourse hit a high of 11,958.55 and a low of 11,864.90. Meanwhile, the rupee Tuesday declined by 18 paise to close at 69.69 against the US currency, weighed down by month-end dollar demand from importers and rising crude oil prices. .

Sensex sheds around 100 points; Nifty maintains 11,900 mark

Snapping its three-day rising streak, the BSE Sensex dropped 248 points Wednesday led by losses in banking, metal and auto stocks amid weak cues from global markets.

After slumping over 300 points, the 30-share index ended 247.68 points, or 0.62 per cent, lower at 39,502.05. The gauge hit an intra-day low of 39,420.50 and a high of 39,767.93.

Likewise, the broader NSE Nifty shed 67.65 points, or 0.57 per cent, to finish at 11,861.10. During the day, the bourse hit a low of 11,836.80 and a high of 11,931.90.

SBI was the biggest loser in the Sensex pack, tumbling 3.29 per cent, followed by Tata Steel, ICICI Bank and Maruti, which shed up to 2.76 per cent.

On the other hand, Sun Pharma, TCS, HCL Tech and HUL were the top gainers, rising up to 2.41 per cent.

According to traders, the market turned choppy tracking weak cues from global markets and fresh selling of equities by foreign institutional investors (FIIs).

FIIs net sold shares worth Rs 501.11 crore on Tuesday, while domestic institutional investors (DIIs) purchased equities to the tune of Rs 269.22 crore, provisional data available with stock exchanges showed.

Global markets plunged Wednesday after the European Central Bank said a growth slump that could be caused by rising trade tensions is the biggest risk to financial stability in the eurozone.

Bourses elsewhere in Asia ended in the red, and those in Europe were also trading significantly lower in their early deals.

Meanwhile, the Indian rupee depreciated 18 paise to 69.87 against the US dollar.

Brent crude, the global benchmark, dropped 2.16 per cent to 67.19 per barrel.

Snapping its three-day rising streak, the BSE Sensex dropped 248 points Wednesday led by losses in banking, metal and auto stocks amid weak cues from global markets.

Snapping its three-day rising streak, the BSE Sensex dropped 248 points Wednesday led by losses in banking, metal and auto stocks amid weak cues from global markets. After slumping over 300 points, the 30-share index ended 247.68 points, or 0.62 per cent, lower at 39,502.05. The gauge hit an intra-day low of 39,420.50 and a high of 39,767.93. Likewise, the broader NSE Nifty shed 67.65 points, or 0.57 per cent, to finish at 11,861.10. During the day, the bourse hit a low of 11,836.80 and a high of 11,931.90. SBI was the biggest loser in the Sensex pack, tumbling 3.29 per cent, followed by Tata Steel, ICICI Bank and Maruti, which shed up to 2.76 per cent. On the other hand, Sun Pharma, TCS, HCL Tech and HUL were the top gainers, rising up to 2.41 per cent. According to traders, the market turned choppy tracking weak cues from global markets and fresh selling of equities by foreign institutional investors (FIIs). FIIs net sold shares worth Rs 501.11 crore on Tuesday, while domestic institutional investors (DIIs) purchased equities to the tune of Rs 269.22 crore, provisional data available with stock exchanges showed. Global markets plunged Wednesday after the European Central Bank said a growth slump that could be caused by rising trade tensions is the biggest risk to financial stability in the eurozone. Bourses elsewhere in Asia ended in the red, and those in Europe were also trading significantly lower in their early deals. Meanwhile, the Indian rupee depreciated 18 paise to 69.87 against the US dollar. Brent crude, the global benchmark, dropped 2.16 per cent to 67.19 per barrel.

Sensex sheds 248 points; banking stocks drag

The benchmark BSE Sensex advanced over 100 points in early trade Tuesday amid positive domestic and global cues and unabated foreign fund inflow.

The 30-share index was trading 98.04 points or 0.25 per cent, higher at 39,781.33. Similarly, the broader NSE Nifty rose 24.75 points, or 0.21 per cent, to 11,949.50.

In the previous session on Monday, the BSE gauge ended 248.57 points or 0.63 per cent higher at 39,683.29 -&nbsp;a new closing high for the index. While, the broader Nifty gained 80.65 points or 0.68 per cent to settle at 11,924.75 - a fresh closing peak for the NSE barometer.

Top Sensex gainers include Yes Bank, Vedanta, Coal India, Sun Pharma, Bajaj Auto, IndusInd Bank, PowerGrid, Tata Steel, Axis Bank, L&amp;T, Reliance Industries and Tata Motors, rising up to 3.75 per cent.

While, HDFC, Hero MotoCorp, SBI, HUL, Kotak Bank, Bharti Airtel, Bajaj Finance, HCL Tech, ICICI Bank and ITC fell up to 1.02 per cent.

Market mood has been euphoric since the BJP-led National Democratic Alliance (NDA) won the general elections.

According to Sunil Sharma, Chief Investment Officer, Sanctum Wealth Management, this past week's events reinforce a positive view on markets in the longer term.

"Given the large amount of groundwork already in place, we expect the next five years to surprise to the upside on earnings, once remaining PSU bank issues are resolved," he said.

Positive cues from global markets and sustained foreign fund inflow too boosted investor sentiment here, traders said.

Foreign institutional investors bought equity worth Rs 1,215.36 crore on Monday, while domestic institutional investors sold shares to the tune of Rs 327.86 crore, provisional data available with stock exchanges showed.

Elsewhere in Asia, bourses in China, Japan and Korea were trading on a positive note in their respective early sessions.

Benchmarks on Wall Street too ended in the green in Monday's session.

On the currency front, the rupee depreciated 21 paise to 69.72 against the US dollar.

Brent crude, the global benchmark, slipped 0.15 per cent to 68.67 per barrel.&nbsp;

The benchmark BSE Sensex advanced over 100 points in early trade Tuesday amid positive domestic and global cues and unabated foreign fund inflow. The 30-share index was trading 98.

The benchmark BSE Sensex advanced over 100 points in early trade Tuesday amid positive domestic and global cues and unabated foreign fund inflow. The 30-share index was trading 98.04 points or 0.25 per cent, higher at 39,781.33. Similarly, the broader NSE Nifty rose 24.75 points, or 0.21 per cent, to 11,949.50. In the previous session on Monday, the BSE gauge ended 248.57 points or 0.63 per cent higher at 39,683.29 - a new closing high for the index. While, the broader Nifty gained 80.65 points or 0.68 per cent to settle at 11,924.75 - a fresh closing peak for the NSE barometer. Top Sensex gainers include Yes Bank, Vedanta, Coal India, Sun Pharma, Bajaj Auto, IndusInd Bank, PowerGrid, Tata Steel, Axis Bank, L&T, Reliance Industries and Tata Motors, rising up to 3.75 per cent. While, HDFC, Hero MotoCorp, SBI, HUL, Kotak Bank, Bharti Airtel, Bajaj Finance, HCL Tech, ICICI Bank and ITC fell up to 1.02 per cent. Market mood has been euphoric since the BJP-led National Democratic Alliance (NDA) won the general elections. According to Sunil Sharma, Chief Investment Officer, Sanctum Wealth Management, this past week's events reinforce a positive view on markets in the longer term. "Given the large amount of groundwork already in place, we expect the next five years to surprise to the upside on earnings, once remaining PSU bank issues are resolved," he said. Positive cues from global markets and sustained foreign fund inflow too boosted investor sentiment here, traders said. Foreign institutional investors bought equity worth Rs 1,215.36 crore on Monday, while domestic institutional investors sold shares to the tune of Rs 327.86 crore, provisional data available with stock exchanges showed. Elsewhere in Asia, bourses in China, Japan and Korea were trading on a positive note in their respective early sessions. Benchmarks on Wall Street too ended in the green in Monday's session. On the currency front, the rupee depreciated 21 paise to 69.72 against the US dollar. Brent crude, the global benchmark, slipped 0.15 per cent to 68.67 per barrel.

Sensex rises over 100 points; Nifty above 11,900

The benchmark BSE Sensex jumped over 100 points in early trade Monday driven by gains in banking stocks amid unabated foreign fund inflow.

The 30-share index was trading 128.27 points or 0.33 per cent, higher at 39,562.99. Similarly, the broader NSE Nifty spurted 28.75 points, or 0.24 per cent, to 11,872.85.

Top Sensex gainers include NTPC, Tata Steel, Yes Bank, SBI, PowerGrid, L&amp;T, M&amp;M, ITC, HDFC Bank, Maruti, Axis Bank, Infosys, HDFC twins and ICICI Bank, rising up to 4.53 per cent.

While, Bharti Airtel, Asian Paints, IndusInd Bank, RIL, Tata Motors, ONGC and Sun Pharma fell up to 1.63 per cent.

In the previous session on Friday, the Sensex shot up 623.33 points, or 1.61 per cent, to end at 39,434.72, while the broader NSE Nifty surged 187.05 points, or 1.60 per cent, to 11,844.10.

The market is witnessing a board-based rally expecting the better outlook for the economy in the next one-two quarter, experts said.

Domestic and foreign investors have been euphoric ever since Prime Minister Narendra Modi on Thursday led Bharatiya Janata Party (BJP) to a thumping victory for the second term in office.

Foreign institutional investors bought equity worth Rs 2,026.33 crore on Friday, while domestic institutional investors sold shares to the tune of Rs 195.35 crore, provisional data available with stock exchanges showed.

Elsewhere in Asia, bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions.

On the currency front, the rupee also appreciated 11 paise to 69.41 against the US dollar.

Brent crude, the global benchmark, was trading flat at 67.46 per barrel.

The benchmark BSE Sensex jumped over 100 points in early trade Monday driven by gains in banking stocks amid unabated foreign fund inflow. The 30-share index was trading 128.

The benchmark BSE Sensex jumped over 100 points in early trade Monday driven by gains in banking stocks amid unabated foreign fund inflow. The 30-share index was trading 128.27 points or 0.33 per cent, higher at 39,562.99. Similarly, the broader NSE Nifty spurted 28.75 points, or 0.24 per cent, to 11,872.85. Top Sensex gainers include NTPC, Tata Steel, Yes Bank, SBI, PowerGrid, L&T, M&M, ITC, HDFC Bank, Maruti, Axis Bank, Infosys, HDFC twins and ICICI Bank, rising up to 4.53 per cent. While, Bharti Airtel, Asian Paints, IndusInd Bank, RIL, Tata Motors, ONGC and Sun Pharma fell up to 1.63 per cent. In the previous session on Friday, the Sensex shot up 623.33 points, or 1.61 per cent, to end at 39,434.72, while the broader NSE Nifty surged 187.05 points, or 1.60 per cent, to 11,844.10. The market is witnessing a board-based rally expecting the better outlook for the economy in the next one-two quarter, experts said. Domestic and foreign investors have been euphoric ever since Prime Minister Narendra Modi on Thursday led Bharatiya Janata Party (BJP) to a thumping victory for the second term in office. Foreign institutional investors bought equity worth Rs 2,026.33 crore on Friday, while domestic institutional investors sold shares to the tune of Rs 195.35 crore, provisional data available with stock exchanges showed. Elsewhere in Asia, bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions. On the currency front, the rupee also appreciated 11 paise to 69.41 against the US dollar. Brent crude, the global benchmark, was trading flat at 67.46 per barrel.

Sensex jumps over 100 points; Nifty nears 11,900

The benchmark BSE Sensex rallied nearly 400 points early trade on Friday after a historic mandate won by the PM Narendra Modi government Lok Sabha polls 2019.

Election commission data showed Modi’s National Democratic Alliance has secured 350 seats, with BJP alone winning 303 seats in the 2019 general elections.&nbsp;

In 2014, the party won 282 seats, the NDA had won 336. It was the first time in more than three decades that a single party won the majority on its own.

At 9:20 am, the Sensex was up 285 points at 39,096, and the Nifty50 was trading 73 points higher at 11,731.

Yesterday, BSE Sensex surged over 1,000 points to touch the 40,000-mark for the first time ever following the BJP's thumping electoral show, but could not sustain the euphoria as investors chose to cash in on the gains.

In similar movement, the broader NSE Nifty ad crossed the historic 12,000-level after early trends gave the BJP a comfortable majority in the Lok Sabha, but succumbed to profit booking towards the fag-end of the session.

Foreign institutional investors to believe that a stable government will lead to decisive governance and continuing reforms in the world`s fastest-growing economy.

Meanwhile, Asian stocks traded in the red as investor concerns grew over the escalating US-China trade tensions. Shares fell in the negative territory in Sydney, Tokyo, Hong Kong, Shanghai, and Seoul.&nbsp; 
 
(With inputs from agencies)

The benchmark BSE Sensex rallied nearly 400 points early trade on Friday after a historic mandate won by the PM Narendra Modi government Lok Sabha polls 2019. Election commission data showed Modi’s National Democratic Alliance has secured 350 seats, with BJP alone winning 303 seats in the 2019 general elections.

The benchmark BSE Sensex rallied nearly 400 points early trade on Friday after a historic mandate won by the PM Narendra Modi government Lok Sabha polls 2019. Election commission data showed Modi’s National Democratic Alliance has secured 350 seats, with BJP alone winning 303 seats in the 2019 general elections. In 2014, the party won 282 seats, the NDA had won 336. It was the first time in more than three decades that a single party won the majority on its own. At 9:20 am, the Sensex was up 285 points at 39,096, and the Nifty50 was trading 73 points higher at 11,731. Yesterday, BSE Sensex surged over 1,000 points to touch the 40,000-mark for the first time ever following the BJP's thumping electoral show, but could not sustain the euphoria as investors chose to cash in on the gains. In similar movement, the broader NSE Nifty ad crossed the historic 12,000-level after early trends gave the BJP a comfortable majority in the Lok Sabha, but succumbed to profit booking towards the fag-end of the session. Foreign institutional investors to believe that a stable government will lead to decisive governance and continuing reforms in the world`s fastest-growing economy. Meanwhile, Asian stocks traded in the red as investor concerns grew over the escalating US-China trade tensions. Shares fell in the negative territory in Sydney, Tokyo, Hong Kong, Shanghai, and Seoul. (With inputs from agencies)

Sensex opens 300 points higher as India gives NDA a bigger mandate than 2014

The benchmark BSE Sensex jumped over 150 points in early trade Wednesday, led by gains in oil and gas, banking and IT stocks, ahead of the general election results.

The 30-share index was trading 157.51 points or 0.40 per cent, higher at 39,127.31.

In similar movement, the broader NSE Nifty rose 30.90 points, or 0.26 per cent, to 11,740.

In the previous session, the Sensex ended 382.87 points, or 0.97 per cent, lower at 38,969.80, and the Nifty plunged 119.15 points, or 1.01 per cent, to 11,709.10.

Top Sensex gainers in morning trade include Sun Pharma, Bharti Airtel, ICICI Bank, RIL, HDFC twins, Tata Motors, ONGC, Infosys, Maruti and Kotak Bank, rising up to 1.38 per cent.

On the other hand, Yes Bank, IndusInd Bank, ITC, HUL, Bajaj Finance and Tata Steel fell up to 2.84 per cent.

According to experts, investor sentiment turned positive this week after most exit polls forecast a win for Narendra Modi-led NDA. The results of the seven-phase polls will come out Thursday.

Continued foreign fund inflow too buoyed market mood here, traders said.

Foreign institutional investors bought equity worth Rs 1,185.44 crore on Tuesday, while domestic institutional investors sold shares to the tune of Rs 1,090.32 crore, provisional data available with stock exchanges showed.

Elsewhere in Asia, bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions.

Benchmarks on Wall Street ended in the green on Tuesday.

On the currency front, the rupee appreciated 4 paise to 69.67 against the US dollar in opening trade Wednesday.

Brent crude, the global benchmark, was trading at 71.81 per barrel, lower by 0.51 per cent.

The benchmark BSE Sensex jumped over 150 points in early trade Wednesday, led by gains in oil and gas, banking and IT stocks, ahead of the general election results.

The benchmark BSE Sensex jumped over 150 points in early trade Wednesday, led by gains in oil and gas, banking and IT stocks, ahead of the general election results. The 30-share index was trading 157.51 points or 0.40 per cent, higher at 39,127.31. In similar movement, the broader NSE Nifty rose 30.90 points, or 0.26 per cent, to 11,740. In the previous session, the Sensex ended 382.87 points, or 0.97 per cent, lower at 38,969.80, and the Nifty plunged 119.15 points, or 1.01 per cent, to 11,709.10. Top Sensex gainers in morning trade include Sun Pharma, Bharti Airtel, ICICI Bank, RIL, HDFC twins, Tata Motors, ONGC, Infosys, Maruti and Kotak Bank, rising up to 1.38 per cent. On the other hand, Yes Bank, IndusInd Bank, ITC, HUL, Bajaj Finance and Tata Steel fell up to 2.84 per cent. According to experts, investor sentiment turned positive this week after most exit polls forecast a win for Narendra Modi-led NDA. The results of the seven-phase polls will come out Thursday. Continued foreign fund inflow too buoyed market mood here, traders said. Foreign institutional investors bought equity worth Rs 1,185.44 crore on Tuesday, while domestic institutional investors sold shares to the tune of Rs 1,090.32 crore, provisional data available with stock exchanges showed. Elsewhere in Asia, bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions. Benchmarks on Wall Street ended in the green on Tuesday. On the currency front, the rupee appreciated 4 paise to 69.67 against the US dollar in opening trade Wednesday. Brent crude, the global benchmark, was trading at 71.81 per barrel, lower by 0.51 per cent.

Sensex rises over 150 points; Nifty tests 11,700

Stock market will reach a new record high by end-year, a Reuters poll of strategists showed, building on an election-driven rally in which investors have bet the ruling party will retain power and continue current economic policies.&nbsp;

The <a href="https://www.wionews.com/business-economy/after-witnessing-eventful-day-stock-market-close-at-record-high-sensex-surges-over-1400-points-220115">BSE Sensex index rose</a> by its biggest amount in one day since September 2013 on Monday after exit polls showed the National Democratic Alliance (NDA) party led by <a href="https://www.wionews.com/india-general-elections-2019/at-nda-meeting-pm-modi-expresses-concern-over-needless-controversy-over-evms-by-opposition-220526">Prime Minister Narendra Modi</a> will retain power for a second consecutive term.

Final results are due on Thursday.

Having gained 8% so far this year, the index is forecast to add another 2.6% by end-2019, touching an all-time high of 40,000 from Tuesday’s close of 38,969, the poll of nearly 50 strategists taken May 14-21 showed.

All but one of the equity strategists who answered an additional question said they have factored in either the BJP winning a majority or a victory of the BJP-led NDA into their forecasts.&nbsp;

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/experts-view-sensex-crosses-39500-mark-for-first-time-220374/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

“I feel a stable government and more policy action to come will definitely give a boost to the economy and that will act positive for the market,” said B.V. Rudramurthy, managing director at Vachana Investments.

Still, the predicted rise is much smaller than the 15% per cent stock market surge in the first six months after Modi came to power in 2014, suggesting some investors are less optimistic about the NDA administration than they were then.

The benchmark index is forecast to hit another fresh high of 42,250 by end-2020. Similar gains are predicted for the broader NSE Nifty.

The overall optimism among investors lines up with a separate Reuters poll of mostly financial sector economists conducted last month, which concluded that the BJP winning a majority or a BJP-led NDA government would be best for the economy.

“As per the exit polls, NDA led by BJP (Bharatiya Janata Party) is likely to easily cross the half-way mark. Markets will have a big sigh of relief as it favours continuity and familiarity in terms of roll-out of policies,” said Ajay Bodke, CEO at Prabhudas Lilladher.&nbsp;

The Reserve Bank of India cut interest rates twice before the elections. Like most major central banks, it is not expected to tighten policy any time soon, another factor that has kept share prices around the world well-bid this year.

However, not all respondents were optimistic.

Nearly one in three contributors forecast the index to decline from the current level by end of this year, including four participants predicting a correction - a decline of 10% or more.

“We do expect weakness in global equities throughout the rest of the year as the global economy disappoints,” said Shilan Shah, senior India economist at Capital Economics.

“For India, especially with the recent rally, they (stocks) look extremely stretched...It is one of the reasons to think the rally probably can’t continue for much longer.”

Shah has predicted a decline of nearly 12% by end-2019 with one of the most pessimistic calls at 34,250.&nbsp;

Although stocks have risen about 65% since Modi first took office in 2014, that was significantly less compared to the previous two terms of the Congress party-led UPA (United Progressive Alliance) between 2004-2014.

The reason for lagging was largely due to weak corporate earnings, which fell about 4% annually during Modi’s tenure after gaining nearly 12% under the prior government.

This is also reflected by a higher average price-to-earnings ratio and lower dividend yield under Modi’s tenure.

“At present stocks are defying gravity. With the price-to-earnings ratio at a historic high of 28, the market is too expensive. My fear is if earnings don’t pick up soon, the chances of a correction are high,” said Milind Vasudev, senior equity analyst at Arihant Capital Markets.&nbsp;

Stock market will reach a new record high by end-year, a Reuters poll of strategists showed, building on an election-driven rally in which investors have bet the ruling party will retain power and continue current economic policies.

Stock market will reach a new record high by end-year, a Reuters poll of strategists showed, building on an election-driven rally in which investors have bet the ruling party will retain power and continue current economic policies. The BSE Sensex index rose by its biggest amount in one day since September 2013 on Monday after exit polls showed the National Democratic Alliance (NDA) party led by Prime Minister Narendra Modi will retain power for a second consecutive term. Final results are due on Thursday. Having gained 8% so far this year, the index is forecast to add another 2.6% by end-2019, touching an all-time high of 40,000 from Tuesday’s close of 38,969, the poll of nearly 50 strategists taken May 14-21 showed. All but one of the equity strategists who answered an additional question said they have factored in either the BJP winning a majority or a victory of the BJP-led NDA into their forecasts. “I feel a stable government and more policy action to come will definitely give a boost to the economy and that will act positive for the market,” said B.V. Rudramurthy, managing director at Vachana Investments. Still, the predicted rise is much smaller than the 15% per cent stock market surge in the first six months after Modi came to power in 2014, suggesting some investors are less optimistic about the NDA administration than they were then. The benchmark index is forecast to hit another fresh high of 42,250 by end-2020. Similar gains are predicted for the broader NSE Nifty. The overall optimism among investors lines up with a separate Reuters poll of mostly financial sector economists conducted last month, which concluded that the BJP winning a majority or a BJP-led NDA government would be best for the economy. “As per the exit polls, NDA led by BJP (Bharatiya Janata Party) is likely to easily cross the half-way mark. Markets will have a big sigh of relief as it favours continuity and familiarity in terms of roll-out of policies,” said Ajay Bodke, CEO at Prabhudas Lilladher. The Reserve Bank of India cut interest rates twice before the elections. Like most major central banks, it is not expected to tighten policy any time soon, another factor that has kept share prices around the world well-bid this year. However, not all respondents were optimistic. Nearly one in three contributors forecast the index to decline from the current level by end of this year, including four participants predicting a correction - a decline of 10% or more. “We do expect weakness in global equities throughout the rest of the year as the global economy disappoints,” said Shilan Shah, senior India economist at Capital Economics. “For India, especially with the recent rally, they (stocks) look extremely stretched...It is one of the reasons to think the rally probably can’t continue for much longer.” Shah has predicted a decline of nearly 12% by end-2019 with one of the most pessimistic calls at 34,250. Although stocks have risen about 65% since Modi first took office in 2014, that was significantly less compared to the previous two terms of the Congress party-led UPA (United Progressive Alliance) between 2004-2014. The reason for lagging was largely due to weak corporate earnings, which fell about 4% annually during Modi’s tenure after gaining nearly 12% under the prior government. This is also reflected by a higher average price-to-earnings ratio and lower dividend yield under Modi’s tenure. “At present stocks are defying gravity. With the price-to-earnings ratio at a historic high of 28, the market is too expensive. My fear is if earnings don’t pick up soon, the chances of a correction are high,” said Milind Vasudev, senior equity analyst at Arihant Capital Markets.

Nifty, Sensex to climb a bit more if PM Modi wins decisively: Poll

The stock markets on Wednesday ended in green with BSE Sensex jumping 140.41 points to close at 39,110.21. NSE Nifty rose 28.80 points to end at 11,737.90.

In early trade today morning, Sensex jumped over 150 points led by gains in oil and gas, banking and IT stocks, ahead of the general election results.

NSE Nifty rose 30.90 points, or 0.26 per cent, to 11,740.

<a href="https://www.wionews.com/india-general-elections-2019/nifty-sensex-to-climb-a-bit-more-if-pm-modi-wins-decisively-poll-220553">Analysts suggest the stock markets soar further if PM Modi makes a comeback</a> for the second term. Exit polls have predicted a massive and comfortable win for Modi-led Bharatiya Janata Party in Lok Sabha polls 2019, the results of which are due on Thursday.&nbsp;

The BSE Sensex index rose by its biggest amount in one day since September 2013 on Monday after exit polls showed the National Democratic Alliance (NDA) party led by Prime Minister Narendra Modi will retain power for a second consecutive term.

The stock markets on Wednesday ended in green with BSE Sensex jumping 140.41 points to close at 39,110.21. NSE Nifty rose 28.80 points to end at 11,737.90. In early trade today morning, Sensex jumped over 150 points led by gains in oil and gas, banking and IT stocks, ahead of the general election results.

The stock markets on Wednesday ended in green with BSE Sensex jumping 140.41 points to close at 39,110.21. NSE Nifty rose 28.80 points to end at 11,737.90. In early trade today morning, Sensex jumped over 150 points led by gains in oil and gas, banking and IT stocks, ahead of the general election results. NSE Nifty rose 30.90 points, or 0.26 per cent, to 11,740. Analysts suggest the stock markets soar further if PM Modi makes a comeback for the second term. Exit polls have predicted a massive and comfortable win for Modi-led Bharatiya Janata Party in Lok Sabha polls 2019, the results of which are due on Thursday. The BSE Sensex index rose by its biggest amount in one day since September 2013 on Monday after exit polls showed the National Democratic Alliance (NDA) party led by Prime Minister Narendra Modi will retain power for a second consecutive term.

Markets close in green; Sensex jumps 140 points

Benchmark equity indices logged record opening highs on Tuesday after witnessing their biggest single-day gain on Monday since September 10, 2013.&nbsp;

At 9:30 am, Sensex was trading 188.29 points, or 0.48 per cent, higher at 39,540.96. In similar movement, the broader NSE Nifty was trading 49.60 points, or 0.42 per cent, up at 11,877.85.

Top gainers in the Sensex pack in morning trade include HDFC twins, Bajaj Finance, Coal India, RIL, Bajaj Auto, HUL, IndusInd Bank, Sun Pharma, Vedanta, Axis Bank and Asian Paints, rising up to 2.21 per cent.

On the other hand, Tata Motors, Yes Bank, Bharti Airtel, Tata Steel, SBI, Infosys, ONGC and TCS fell up to 3.18 per cent.

"Market has given a thumbs-up to exit poll numbers. Sentiments have turned around drastically and the benchmark indices can gain 5-8 per cent more from here over the next few weeks if the final election outcome is in line or even better than exit polls," said Gaurav Dua, Senior VP, Head Strategy and Investments, Sharekhan by BNP Paribas.&nbsp;

Meanwhile, Rupee trades flat at 69.80 against the dollar after a 1 per cent gain on Monday over exit poll results cheer.

Yesterday, Indian equities posted their biggest single-day gains in over six years, the rupee saw its best day in two months and government bond prices surged after exit polls predicted a clear mandate for the Narendra Modi-led NDA in the Lok Sabha elections.

The BSE Sensex vaulted 1,422 points to close at a record 39,352.67 -- the biggest one-day rise in the last six years.

The NSE Nifty surged over 421 points to log its best single day gains in over 10 years. 
 
(With inputs from PTI)

Benchmark equity indices logged record opening highs on Tuesday after witnessing their biggest single-day gain on Monday since September 10, 2013. At 9:30 am, Sensex was trading 188.

Benchmark equity indices logged record opening highs on Tuesday after witnessing their biggest single-day gain on Monday since September 10, 2013. At 9:30 am, Sensex was trading 188.29 points, or 0.48 per cent, higher at 39,540.96. In similar movement, the broader NSE Nifty was trading 49.60 points, or 0.42 per cent, up at 11,877.85. Top gainers in the Sensex pack in morning trade include HDFC twins, Bajaj Finance, Coal India, RIL, Bajaj Auto, HUL, IndusInd Bank, Sun Pharma, Vedanta, Axis Bank and Asian Paints, rising up to 2.21 per cent. On the other hand, Tata Motors, Yes Bank, Bharti Airtel, Tata Steel, SBI, Infosys, ONGC and TCS fell up to 3.18 per cent. "Market has given a thumbs-up to exit poll numbers. Sentiments have turned around drastically and the benchmark indices can gain 5-8 per cent more from here over the next few weeks if the final election outcome is in line or even better than exit polls," said Gaurav Dua, Senior VP, Head Strategy and Investments, Sharekhan by BNP Paribas. Meanwhile, Rupee trades flat at 69.80 against the dollar after a 1 per cent gain on Monday over exit poll results cheer. Yesterday, Indian equities posted their biggest single-day gains in over six years, the rupee saw its best day in two months and government bond prices surged after exit polls predicted a clear mandate for the Narendra Modi-led NDA in the Lok Sabha elections. The BSE Sensex vaulted 1,422 points to close at a record 39,352.67 -- the biggest one-day rise in the last six years. The NSE Nifty surged over 421 points to log its best single day gains in over 10 years. (With inputs from PTI)

Stock markets hit record opening high, Sensex crosses 39,500 mark for first time

Benchmark indices took U-turn from <a href="https://www.wionews.com/business-economy/stock-markets-hit-record-opening-high-sensex-crosses-39500-mark-for-first-time-220279">record high levels touched during early trade on Tuesday</a>, with the BSE Sensex tripping nearly 383 points and the NSE Nifty shedding over 119 points as investors hurried up to book profits.

An intense selling was seen, barring initial hours, across sectors after market participants sensed that exit polls euphoria over BJP's likely win in the general election has already been factored in appropriately.&nbsp;

After hitting an intra-day record high of 39,571.73, the 30-share index ended 382.87 points, or 0.97 per cent, lower at 38,969.80. The gauge hit the day's low of 38,884.85. 
In a similar movement, the broader NSE Nifty plunged 119.15 points, or 1.01 per cent, to 11,709.10.

Tata Motors was the biggest loser in the Sensex pack, dipping 7.05 per cent, a day after the company posted a 49 per cent decline in March quarter profit.

Maruti, IndusInd Bank, M&amp;M, Bharti Airtel, SBI, PowerGrid, Hero MotoCorp, Tata Steel, ICICI Bank, Infosys, Yes Bank and TCS too fell up to 3.25 per cent.

On the other hand, RIL, HUL and Bajaj Finance ended in the green, rising up to 1.08 per cent.

The broader BSE midcap and smallcap indices ended in the red in line with benchmarks, falling up to 0.84 per cent.

Traders believe that though a profit-booking emerged at higher levels but election rally may continue if the election results come as per exit polls prediction.

On Monday, the 30-share index skyrocketed 1,421.90 points, or 3.75 per cent, to 39,352.67, and the Nifty soared 421.10 points, or 3.69 per cent, to 11,828.25.

The rally came after a majority of exit polls forecast another term for Prime Minister Narendra Modi. The results of the seven-phase polls will be announced on May 23.

Meanwhile, the Indian rupee was trading marginally lower at 69.76 against the US dollar.

Brent crude, the global benchmark, was trading at 72.01 per barrel, higher by 0.04 per cent.

Globally, bourses in Asia ended on a mixed note, while those in Europe were trading in the green in their respective early deals.

Benchmark indices took U-turn from record high levels touched during early trade on Tuesday, with the BSE Sensex tripping nearly 383 points and the NSE Nifty shedding over 119 points as investors hurried up to book profits.

Benchmark indices took U-turn from record high levels touched during early trade on Tuesday, with the BSE Sensex tripping nearly 383 points and the NSE Nifty shedding over 119 points as investors hurried up to book profits. An intense selling was seen, barring initial hours, across sectors after market participants sensed that exit polls euphoria over BJP's likely win in the general election has already been factored in appropriately. After hitting an intra-day record high of 39,571.73, the 30-share index ended 382.87 points, or 0.97 per cent, lower at 38,969.80. The gauge hit the day's low of 38,884.85. In a similar movement, the broader NSE Nifty plunged 119.15 points, or 1.01 per cent, to 11,709.10. Tata Motors was the biggest loser in the Sensex pack, dipping 7.05 per cent, a day after the company posted a 49 per cent decline in March quarter profit. Maruti, IndusInd Bank, M&M, Bharti Airtel, SBI, PowerGrid, Hero MotoCorp, Tata Steel, ICICI Bank, Infosys, Yes Bank and TCS too fell up to 3.25 per cent. On the other hand, RIL, HUL and Bajaj Finance ended in the green, rising up to 1.08 per cent. The broader BSE midcap and smallcap indices ended in the red in line with benchmarks, falling up to 0.84 per cent. Traders believe that though a profit-booking emerged at higher levels but election rally may continue if the election results come as per exit polls prediction. On Monday, the 30-share index skyrocketed 1,421.90 points, or 3.75 per cent, to 39,352.67, and the Nifty soared 421.10 points, or 3.69 per cent, to 11,828.25. The rally came after a majority of exit polls forecast another term for Prime Minister Narendra Modi. The results of the seven-phase polls will be announced on May 23. Meanwhile, the Indian rupee was trading marginally lower at 69.76 against the US dollar. Brent crude, the global benchmark, was trading at 72.01 per barrel, higher by 0.04 per cent. Globally, bourses in Asia ended on a mixed note, while those in Europe were trading in the green in their respective early deals.

Indices off record highs; Sensex slumps 383 points on profit booking

Domestic stock markets opened higher on Monday after exit polls of the <a href="https://www.wionews.com/india-general-elections-2019/exit-polls-2019-pm-modi-returning-to-power-with-300-plus-seats-say-pollsters-219927">2019 Lok Sabha elections</a> projected BJP-led National Democratic Alliance (NDA) to win a comfortable majority.&nbsp;

At 10:30 AM, the S&amp;P BSE Sensex had gained a whopping 972.43 points, or 2.55 per cent, to trade at 38,903.31 levels, with Maruti, State Bank of India, Larsen &amp; Toubro, ICICI Bank, and Reliance Industries among the top gainers. The broader Nifty50, had gained 285.05 points, or 2.49 per cent, to trade at 11,691.

The exit polls are predicting that Prime Minister Narendra Modi-led NDA is coming back to power at the Centre with close to 300 seats.

The Indian rupee also gained in the early trade on Monday. It opened higher by 73 paise at 69.49 per dollar on Monday versus previous close 70.22.

Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years. 
 
Exit polls have been used for years to provide the pulse of India's political climate once voting is over. They try to give a sense of how voters may have exercised their franchise and which political party or alliance of parties stand the best chance of forming the next government.

Domestic stock markets opened higher on Monday after exit polls of the 2019 Lok Sabha elections projected BJP-led National Democratic Alliance (NDA) to win a comfortable majority.

Domestic stock markets opened higher on Monday after exit polls of the 2019 Lok Sabha elections projected BJP-led National Democratic Alliance (NDA) to win a comfortable majority. At 10:30 AM, the S&P BSE Sensex had gained a whopping 972.43 points, or 2.55 per cent, to trade at 38,903.31 levels, with Maruti, State Bank of India, Larsen & Toubro, ICICI Bank, and Reliance Industries among the top gainers. The broader Nifty50, had gained 285.05 points, or 2.49 per cent, to trade at 11,691. The exit polls are predicting that Prime Minister Narendra Modi-led NDA is coming back to power at the Centre with close to 300 seats. The Indian rupee also gained in the early trade on Monday. It opened higher by 73 paise at 69.49 per dollar on Monday versus previous close 70.22. Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years. Exit polls have been used for years to provide the pulse of India's political climate once voting is over. They try to give a sense of how voters may have exercised their franchise and which political party or alliance of parties stand the best chance of forming the next government.

Sensex rises 950 points as BJP-led NDA sweeps exit polls, rupee jumps against US dollar

The domestic stock market on Monday closed at a historic high after <a href="https://www.wionews.com/india-general-elections-2019/sensex-surges-over-1000-points-may-cross-40000-as-exit-poll-predict-nda-win-220058">witnessing an eventful day of rallying</a> after exit polls predicted an easy win for the Bharatiya Janata Party-led National Democratic Alliance (NDA) in Lok Sabha 2019 polls.&nbsp;

BSE Sensex scaled 1,422 points to close at a record high of 39,353 while NSE Nifty surged 421 points to close at an all-time high of 11,828.&nbsp;

Sensex surged over 1000 points during the trade hours, and the rupee appreciated 79 paise against the US dollar. Domestic benchmark indices continued to extend their rally later in the day with the BSE Sensex climbing 1,300 points and Nifty touching 11,800 mark.

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/sensex-jumps-over-1000-points-after-exit-polls-predict-nda-win-220065/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

The 30-share index was trading 1,341 points close to the session end, higher at 39,271.77 points. In similar movement, Nifty soared 393.95 points, or 3.45 per cent, to 11,801.10.&nbsp;

Most exit polls Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that BJP-led NDA will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha.

Pollsters predicted the <a href="https://www.wionews.com/india-general-elections-2019/bjp-in-countrys-hindi-heartland-exit-polls-spell-thumping-victory-for-party-in-madhya-pradesh-4-other-states-219985">BJP to make a clean sweet in the Hindi heartland</a> of the nation in states like Madhya Pradesh, Uttar Pradesh, Maharashtra, Bihar, Rajasthan, Gujarat and the national capital.&nbsp;

The results of the seven-phase polls will come out Thursday.

Meanwhile, European stocks slipped on Monday as concerns about an escalating fallout from a US crackdown on China's Huawei Technologies offset a slightly more positive tone on trade, news agency Reuters reported.&nbsp;

Asian shares managed to reverse some of last week's heavy losses on Monday after the United States said it would lift tariffs in North America, as investors cheered apparent wins by incumbent parties in elections in Australia and India.&nbsp;

Oil prices jumped after Saudi Energy Minister Khalid al-Falih said that there was a consensus among the members of the Organization of the Petroleum Exporting Countries to maintain production cuts to "gently" reduce inventories.

Both US crude and Brent crude jumped more than 1.1% on Monday, with West Texas Intermediate fetching $63.5 a barrel and Brent crude at $73.04 per barrel, Reuters reported.&nbsp;

(With inputs from Reuters)&nbsp;

 
&nbsp;

The domestic stock market on Monday closed at a historic high after witnessing an eventful day of rallying after exit polls predicted an easy win for the Bharatiya Janata Party-led National Democratic Alliance (NDA) in Lok Sabha 2019 polls.

The domestic stock market on Monday closed at a historic high after witnessing an eventful day of rallying after exit polls predicted an easy win for the Bharatiya Janata Party-led National Democratic Alliance (NDA) in Lok Sabha 2019 polls. BSE Sensex scaled 1,422 points to close at a record high of 39,353 while NSE Nifty surged 421 points to close at an all-time high of 11,828. Sensex surged over 1000 points during the trade hours, and the rupee appreciated 79 paise against the US dollar. Domestic benchmark indices continued to extend their rally later in the day with the BSE Sensex climbing 1,300 points and Nifty touching 11,800 mark. The 30-share index was trading 1,341 points close to the session end, higher at 39,271.77 points. In similar movement, Nifty soared 393.95 points, or 3.45 per cent, to 11,801.10. Most exit polls Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that BJP-led NDA will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha. Pollsters predicted the BJP to make a clean sweet in the Hindi heartland of the nation in states like Madhya Pradesh, Uttar Pradesh, Maharashtra, Bihar, Rajasthan, Gujarat and the national capital. The results of the seven-phase polls will come out Thursday. Meanwhile, European stocks slipped on Monday as concerns about an escalating fallout from a US crackdown on China's Huawei Technologies offset a slightly more positive tone on trade, news agency Reuters reported. Asian shares managed to reverse some of last week's heavy losses on Monday after the United States said it would lift tariffs in North America, as investors cheered apparent wins by incumbent parties in elections in Australia and India. Oil prices jumped after Saudi Energy Minister Khalid al-Falih said that there was a consensus among the members of the Organization of the Petroleum Exporting Countries to maintain production cuts to "gently" reduce inventories. Both US crude and Brent crude jumped more than 1.1% on Monday, with West Texas Intermediate fetching $63.5 a barrel and Brent crude at $73.04 per barrel, Reuters reported. (With inputs from Reuters)

After witnessing eventful day, stock markets close at record high; Sensex surges over 1,400 points 

Indian domestic stock markets cheered on Monday after <a href="https://www.wionews.com/india-general-elections-2019/exit-polls-2019-pm-modi-returning-to-power-with-300-plus-seats-say-pollsters-219927">exit poll results</a> showed that the BJP-led NDA is likely to win the Lok Sabha polls 2019.

BSE Sensex surged over 1000 points during the trade hours, and the rupee appreciated 79 paise against the US dollar. Domestic benchmark indices continued to extend their rally later in the day with the BSE Sensex climbing 1,300 points, Nifty touched 11,800 mark.

The 30-share index was trading 1,341 points or 3.54 per cent, higher at 39,271.77 points.

In similar movement, the broader NSE Nifty soared 393.95 points, or 3.45 per cent, to 11,801.10.&nbsp;

Top gainers in the Sensex pack include Maruti, L&amp;T, SBI, ICICI Bank, RIL, M&amp;M, IndusInd Bank, Axis Bank, Yes Bank and Vedanta, rising up to 4 per cent.

On the other hand, Bajaj Auto, Infosys and HCL Tech slipped up to 2 per cent.

Most exit polls Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that BJP-led NDA will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha.

The results of the seven-phase polls will come out Thursday.

"The exit polls have been better than market expectations, with the ruling party getting a comfortable majority. The market is likely to rally further, but the rally may not be significant as there are challenges of not so encouraging earnings growth, lower liquidity, slowing economy and global challenges," said Naveen Kulkarni, Head of Research, Reliance Securities.

There could be a sector-specific rally. Infrastructure and banking stocks could do well, he added.

Meanwhile, market regulator Sebi and stock exchanges have beefed up their surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane election-related events lined up.

Foreign institutional investors sold equity worth Rs 1,057.82 crore on Friday, while domestic institutional investors purchased shares to the tune of Rs 1,809.76 crore, provisional data available with stock exchanges showed.

Elsewhere in Asia, bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions.

On the currency front, the rupee appreciated by 79 paise to 69.44 against the US dollar in opening trade Monday.

Brent crude, the global benchmark, was trading at 73.28 per barrel, higher by 1.48 per cent. 
 
(With inputs from agencies)

Indian domestic stock markets cheered on Monday after exit poll results showed that the BJP-led NDA is likely to win the Lok Sabha polls 2019. BSE Sensex surged over 1000 points during the trade hours, and the rupee appreciated 79 paise against the US dollar.

Indian domestic stock markets cheered on Monday after exit poll results showed that the BJP-led NDA is likely to win the Lok Sabha polls 2019. BSE Sensex surged over 1000 points during the trade hours, and the rupee appreciated 79 paise against the US dollar. Domestic benchmark indices continued to extend their rally later in the day with the BSE Sensex climbing 1,300 points, Nifty touched 11,800 mark. The 30-share index was trading 1,341 points or 3.54 per cent, higher at 39,271.77 points. In similar movement, the broader NSE Nifty soared 393.95 points, or 3.45 per cent, to 11,801.10. Top gainers in the Sensex pack include Maruti, L&T, SBI, ICICI Bank, RIL, M&M, IndusInd Bank, Axis Bank, Yes Bank and Vedanta, rising up to 4 per cent. On the other hand, Bajaj Auto, Infosys and HCL Tech slipped up to 2 per cent. Most exit polls Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that BJP-led NDA will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha. The results of the seven-phase polls will come out Thursday. "The exit polls have been better than market expectations, with the ruling party getting a comfortable majority. The market is likely to rally further, but the rally may not be significant as there are challenges of not so encouraging earnings growth, lower liquidity, slowing economy and global challenges," said Naveen Kulkarni, Head of Research, Reliance Securities. There could be a sector-specific rally. Infrastructure and banking stocks could do well, he added. Meanwhile, market regulator Sebi and stock exchanges have beefed up their surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane election-related events lined up. Foreign institutional investors sold equity worth Rs 1,057.82 crore on Friday, while domestic institutional investors purchased shares to the tune of Rs 1,809.76 crore, provisional data available with stock exchanges showed. Elsewhere in Asia, bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions. On the currency front, the rupee appreciated by 79 paise to 69.44 against the US dollar in opening trade Monday. Brent crude, the global benchmark, was trading at 73.28 per barrel, higher by 1.48 per cent. (With inputs from agencies)

As exit polls predict NDA win, Sensex surges over 1,300 points; inches up to touch 39,271

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