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

After a day's breather, benchmark Sensex Thursday resumed its record-setting spree by rallying 330 points on gains in index heavyweights RIL, HDFC and TCS amid expiry of May derivative contracts.

Moreover, sentiment was driven by renewed hopes from the new government as investors have been keenly awaiting the allocation of key portfolios to ministers. Narendra Modi and his council of ministers are all set to take oath at 1900 hours Wednesday.

After soaring over 400 points, the 30-share index ended 329.92 points, or 0.84 per cent, higher at 39,831.97 -- its fresh-closing high. The gauge hit an intra-day high of 39,911.92 and a low of 39,500.56.

The broader NSE Nifty also settled at a new closing peak at 11,945.90, gaining 84.80 points or 0.71 per cent.

NTPC was the top gainer in the Sensex pack, rallying 3.44 per cent. Bharti Airtel, Bajaj Finance, TCS, HDFC twins, Yes Bank and RIL too gained up to 2.33 per cent.

While, Sun Pharma, M&amp;M, ONGC, IndusInd Bank and Vedanta fell up to 2.39 per cent.

Foreign institutional investors (FIIs) sold equities worth Rs 304.27 crore on Wednesday and domestic institutional investors (DIIs) offloaded shares to the tune of Rs 189.58 crore, provisional data available with stock&nbsp; 
exchanges showed.

Asian bourses ended on a mixed note, while Europe was trading in the green in opening deals.

Meanwhile, the Indian rupee was trading 5 paise lower at 69.88 against the US dollar.

Brent crude, the global benchmark, slipped 0.06 per cent to 67.83 per barrel.&nbsp;

After a day's breather, benchmark Sensex Thursday resumed its record-setting spree by rallying 330 points on gains in index heavyweights RIL, HDFC and TCS amid expiry of May derivative contracts.

After a day's breather, benchmark Sensex Thursday resumed its record-setting spree by rallying 330 points on gains in index heavyweights RIL, HDFC and TCS amid expiry of May derivative contracts. Moreover, sentiment was driven by renewed hopes from the new government as investors have been keenly awaiting the allocation of key portfolios to ministers. Narendra Modi and his council of ministers are all set to take oath at 1900 hours Wednesday. After soaring over 400 points, the 30-share index ended 329.92 points, or 0.84 per cent, higher at 39,831.97 -- its fresh-closing high. The gauge hit an intra-day high of 39,911.92 and a low of 39,500.56. The broader NSE Nifty also settled at a new closing peak at 11,945.90, gaining 84.80 points or 0.71 per cent. NTPC was the top gainer in the Sensex pack, rallying 3.44 per cent. Bharti Airtel, Bajaj Finance, TCS, HDFC twins, Yes Bank and RIL too gained up to 2.33 per cent. While, Sun Pharma, M&M, ONGC, IndusInd Bank and Vedanta fell up to 2.39 per cent. Foreign institutional investors (FIIs) sold equities worth Rs 304.27 crore on Wednesday and domestic institutional investors (DIIs) offloaded shares to the tune of Rs 189.58 crore, provisional data available with stock exchanges showed. Asian bourses ended on a mixed note, while Europe was trading in the green in opening deals. Meanwhile, the Indian rupee was trading 5 paise lower at 69.88 against the US dollar. Brent crude, the global benchmark, slipped 0.06 per cent to 67.83 per barrel.

Sensex continues its record-setting spree, closes 330 points up

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.

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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 BSE Sensex fell over 150 points while Nifty was reduced by nearly 50 points on Wednesday as the former finance minister Arun Jaitley announced that he will not be part of Modi government's new cabinet.

After his announcement, the Sensex reduced by 170 points while the Nifty declined by 48 points.

Jaitley wrote a letter to Prime Minister Narendra Modi saying he does not want to be a minister in his new government due to health reasons.

He has not attended office for the last three weeks and has rarely been seen in public. He, however, has been writing blogs and tweeted on Modi's victory last week. He neither attended the Cabinet meeting called Friday that recommended dissolution of the 16th Lok Sabha, nor the Saturday meeting of the BJP parliamentary party that elected Modi as its leader.

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&nbsp;after losing nearly 25 points in morning trade.&nbsp;

&nbsp;

The BSE Sensex fell over 150 points while Nifty was reduced by nearly 50 points on Wednesday as the former finance minister Arun Jaitley announced that he will not be part of Modi government's new cabinet.

The BSE Sensex fell over 150 points while Nifty was reduced by nearly 50 points on Wednesday as the former finance minister Arun Jaitley announced that he will not be part of Modi government's new cabinet. After his announcement, the Sensex reduced by 170 points while the Nifty declined by 48 points. Jaitley wrote a letter to Prime Minister Narendra Modi saying he does not want to be a minister in his new government due to health reasons. He has not attended office for the last three weeks and has rarely been seen in public. He, however, has been writing blogs and tweeted on Modi's victory last week. He neither attended the Cabinet meeting called Friday that recommended dissolution of the 16th Lok Sabha, nor the Saturday meeting of the BJP parliamentary party that elected Modi as its leader. 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, Nifty falls after Jaitley announces his absence from new government

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

Continuing their record-setting spree for a third day in a row, domestic equity benchmarks Sensex and Nifty Tuesday hit fresh closing highs on sustained foreign fund inflows coupled with positive domestic cues.

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.

Yes Bank was the biggest gainer in the Sensex pack, rallying 4.06 per cent.&nbsp;

Other gainers were Coal India, Infosys, PowerGrid, Vedanta, Reliance, TCS, HUL, ONGC, HCL Tech, IndusInd Bank, HDFC Bank and Asian Paints, gaining up to 2.72 per cent.

On the other hand, Hero MotoCorp, Bajaj Auto, Bharti Airtel, L&amp;T, Bajaj Finance, M&amp;M, Tata Steel, HDFC, Kotak Bank and ITC were the major laggards, shedding up to 2.55 per cent.

The broader BSE midcap and smallcap indices closed up to 0.41 per cent higher.

A renewed sense of positivity has been dictating domestic bourses ever since the BJP-led National Democratic Alliance (NDA) won the general elections.

Positive cues from other Asian markets and sustained foreign fund inflows 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.

Meanwhile, the Indian rupee depreciated 20 paise to 69.71 against the US dollar.

Brent crude, the global benchmark, was trading 0.33 per cent higher at 69 per barrel.

Globally, bourses in Asia ended on a positive note, while those in Europe were trading in the red in their respective early deals.

Continuing their record-setting spree for a third day in a row, domestic equity benchmarks Sensex and Nifty Tuesday hit fresh closing highs on sustained foreign fund inflows coupled with positive domestic cues.

Continuing their record-setting spree for a third day in a row, domestic equity benchmarks Sensex and Nifty Tuesday hit fresh closing highs on sustained foreign fund inflows coupled with positive domestic cues. 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. Yes Bank was the biggest gainer in the Sensex pack, rallying 4.06 per cent. Other gainers were Coal India, Infosys, PowerGrid, Vedanta, Reliance, TCS, HUL, ONGC, HCL Tech, IndusInd Bank, HDFC Bank and Asian Paints, gaining up to 2.72 per cent. On the other hand, Hero MotoCorp, Bajaj Auto, Bharti Airtel, L&T, Bajaj Finance, M&M, Tata Steel, HDFC, Kotak Bank and ITC were the major laggards, shedding up to 2.55 per cent. The broader BSE midcap and smallcap indices closed up to 0.41 per cent higher. A renewed sense of positivity has been dictating domestic bourses ever since the BJP-led National Democratic Alliance (NDA) won the general elections. Positive cues from other Asian markets and sustained foreign fund inflows 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. Meanwhile, the Indian rupee depreciated 20 paise to 69.71 against the US dollar. Brent crude, the global benchmark, was trading 0.33 per cent higher at 69 per barrel. Globally, bourses in Asia ended on a positive note, while those in Europe were trading in the red in their respective early deals.

Sensex, Nifty clock fresh closing highs on fund inflows

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

Domestic equity benchmarks <a href="https://www.wionews.com/business-economy/sensex-jumps-over-100-points-nifty-nears-11900-221868">BSE Sensex and NSE Nifty Monday</a> closed at another record highs as investors continued to cheer the decisive mandate for the Narendra Modi's BJP in the national election.

After rallying nearly 400 points, the 30-share index ended 248.57 points, or 0.63 per cent, higher at 39,683.29 -- its all-time closing high. The gauge hit an intra-day high of 39,821.94 and a low of 39,353.16.

Likewise, the broader NSE Nifty jumped 80.65 points, or 0.68 per cent, to 11,924.75 -- a closing peak for the index. During the day, the bourse hit a high of 11,957.15 and a low of 11,812.40.

Tata Steel was the biggest gainer in the Sensex pack, rallying 5.78 per cent; followed by Yes Bank, NTPC, L&amp;T, Axis Bank, SBI, M&amp;M, HDFC twins, Vedanta, HUL, PowerGrid, ICICI Bank, Kotak Bank, HCL, TCS and ITC, gaining up to 3.79 per cent.

On the other hand, IndusInd Bank, RIL, Asian Paints, Bharti Airtel, ONGC, Maruti, Bajaj Auto, Tata Motors, Bajaj Finance, Coal India, Hero MotoCorp, Sun Pharma and Infosys ended in the red, shedding up to 2.37 per cent.

The broader BSE midcap and smallcap indices outperformed benchmarks, ending up to 1.77 per cent higher.

According to experts, the market is witnessing a board-based rally expecting better outlook for the economy in the next one to two quarters, experts said.

Domestic and foreign investors have been euphoric ever since Modi-led NDA registered a thumping victory in the Lok Sabha polls.

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.

Meanwhile, the Indian rupee depreciated marginally to 69.59 against the US dollar.

Brent crude, the global benchmark, was trading at 67.50 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.

Domestic equity benchmarks BSE Sensex and NSE Nifty Monday closed at another record highs as investors continued to cheer the decisive mandate for the Narendra Modi's BJP in the national election.

Domestic equity benchmarks BSE Sensex and NSE Nifty Monday closed at another record highs as investors continued to cheer the decisive mandate for the Narendra Modi's BJP in the national election. After rallying nearly 400 points, the 30-share index ended 248.57 points, or 0.63 per cent, higher at 39,683.29 -- its all-time closing high. The gauge hit an intra-day high of 39,821.94 and a low of 39,353.16. Likewise, the broader NSE Nifty jumped 80.65 points, or 0.68 per cent, to 11,924.75 -- a closing peak for the index. During the day, the bourse hit a high of 11,957.15 and a low of 11,812.40. Tata Steel was the biggest gainer in the Sensex pack, rallying 5.78 per cent; followed by Yes Bank, NTPC, L&T, Axis Bank, SBI, M&M, HDFC twins, Vedanta, HUL, PowerGrid, ICICI Bank, Kotak Bank, HCL, TCS and ITC, gaining up to 3.79 per cent. On the other hand, IndusInd Bank, RIL, Asian Paints, Bharti Airtel, ONGC, Maruti, Bajaj Auto, Tata Motors, Bajaj Finance, Coal India, Hero MotoCorp, Sun Pharma and Infosys ended in the red, shedding up to 2.37 per cent. The broader BSE midcap and smallcap indices outperformed benchmarks, ending up to 1.77 per cent higher. According to experts, the market is witnessing a board-based rally expecting better outlook for the economy in the next one to two quarters, experts said. Domestic and foreign investors have been euphoric ever since Modi-led NDA registered a thumping victory in the Lok Sabha polls. 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. Meanwhile, the Indian rupee depreciated marginally to 69.59 against the US dollar. Brent crude, the global benchmark, was trading at 67.50 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.

Sensex, Nifty close at record highs as rally continues on Modi's return

Indian shares jumped over 1.5% on Friday on hopes that Prime Minister Narendra Modi would pursue business-friendly policies following his party's thumping victory in the general election.

"Continuity is important because some of the underlying issues don't have quick fixes like IL&amp;FS and the NBFCs," said Rajeev Thakkar, chief investment officer at PPFAS Mutual Fund.

The broader NSE Nifty ended 1.60% higher at 11,844.1. It gained 3.84% for the week, its biggest since the five sessions to Nov. 2, 2018.

The benchmark BSE Sensex closed up 1.61% at 39,434.72, recording a 3.96% weekly gain.

Financials were top gainers with ICICI Bank Ltd closing 5.1% higher, while State Bank of India Ltd rose 3.84%.

JSW Steel Ltd ended 4.37% higher after reporting its March-quarter results.

Indian shares jumped over 1.5% on Friday on hopes that Prime Minister Narendra Modi would pursue business-friendly policies following his party's thumping victory in the general election.

Indian shares jumped over 1.5% on Friday on hopes that Prime Minister Narendra Modi would pursue business-friendly policies following his party's thumping victory in the general election. "Continuity is important because some of the underlying issues don't have quick fixes like IL&FS and the NBFCs," said Rajeev Thakkar, chief investment officer at PPFAS Mutual Fund. The broader NSE Nifty ended 1.60% higher at 11,844.1. It gained 3.84% for the week, its biggest since the five sessions to Nov. 2, 2018. The benchmark BSE Sensex closed up 1.61% at 39,434.72, recording a 3.96% weekly gain. Financials were top gainers with ICICI Bank Ltd closing 5.1% higher, while State Bank of India Ltd rose 3.84%. JSW Steel Ltd ended 4.37% higher after reporting its March-quarter results.

Nifty, Sensex post best week since November over election

Get set, count! EC has begun with the process that would ultimately decide which party and alliance could form the next government in the country. Indian markets at all-time high level; Sensex touches 40,000 mark for the first time

Indian markets at all-time high level; Sensex touches 40,000 mark for the first time

With early trends in Lok Sabha polls counting indicating&nbsp;NDA win, markets opened on a strong&nbsp;note on Thursday with Sensex and Nifty scaling record&nbsp;highs.

The benchmark BSE Sensex jumped over 600 points in early trade. In similar movement, the broader NSE Nifty rose to 11, 900. 
 
IndusInd Bank was the top percentage gainer on the Nifty, rising 5%, while State Bank of India Ltd climbed 3.2% higher.&nbsp;Index heavyweights Reliance Industries Ltd was 2% higher while Housing Development Finance Corp Ltd climbed 2.5%.&nbsp;Only one stock was trading lower on the Nifty.&nbsp;

Exit polls have predicted a massive and comfortable win for Modi-led Bharatiya Janata Party in Lok Sabha polls 2019. The markets are expected to remain action-packed today.

Watch:&nbsp;Record high opening for Indian markets

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/lok-sabha-2019-results-record-high-opening-for-indian-markets-220794/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

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. 
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With early trends in Lok Sabha polls counting indicating NDA win, markets opened on a strong note on Thursday with Sensex and Nifty scaling record highs. The benchmark BSE Sensex jumped over 600 points in early trade.

With early trends in Lok Sabha polls counting indicating NDA win, markets opened on a strong note on Thursday with Sensex and Nifty scaling record highs. The benchmark BSE Sensex jumped over 600 points in early trade. In similar movement, the broader NSE Nifty rose to 11, 900. IndusInd Bank was the top percentage gainer on the Nifty, rising 5%, while State Bank of India Ltd climbed 3.2% higher. Index heavyweights Reliance Industries Ltd was 2% higher while Housing Development Finance Corp Ltd climbed 2.5%. Only one stock was trading lower on the Nifty. Exit polls have predicted a massive and comfortable win for Modi-led Bharatiya Janata Party in Lok Sabha polls 2019. The markets are expected to remain action-packed today. Watch: Record high opening for Indian markets 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.

Riding on early election trends, Sensex rises over 600 points; Nifty tops 11,900

The S&P BSE Sensex & Nifty 50 Indexes retreated from record highs hit earlier in the day despite the ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) winning a clear majority in the recently-concluded general elections. Analysts told NDTV that the investors booked profits at high levels as BJP's victory in the elections was factored in and shifted focus to global cues as concerns grew that the China-US trade conflict was fast turning into a technology cold war between the world's two largest economies.

Sensex Falls 1,314 Points From Day's High, Nifty Ends Near 11,650

MUMBAI: The benchmark BSE Sensex erased early gains to end 299 points lower Thursday as investors booked profits after stocks soared to record highs after BJP's strong showing in the Lok Sabha polls.

During the day, the Sensex hit the 40,000 mark while the Nifty crossed the 12,000-level for the first time ever.

However, the indices succumbed to profit booking towards the fag-end of the session.

The 30-share Sensex tumbled 298.82 points, or 0.76 per cent, to close at 38,811.39. Similarly, the broader NSE Nifty settled 80.85 points, or 0.69 per cent, lower at 11,657.05.

IndusInd Bank was the biggest gainer in the Sensex pack, rallying 5.23 per cent, followed by Hero MotoCorp, Coal India, Yes Bank, PowerGrid, ICICI Bank, HCL Tech, L&amp;T, Kotak Bank and Bharti Airtel, rising up to 1.56 per cent.

On the other hand, Vedanta, ITC, Tata Motors, HDFC twins, Bajaj Finance, Sun Pharma, Tata Steel, TCS, ONGC and Infosys fell up to 5.53 per cent.

Riding on a massive Modi wave sweeping through most parts of India, the BJP was set to return to power Thursday as it led in 298 seats while the Congress trailed far behind with 52, according to trends released by the Election Commission for all 542 seats that went to polls.

"Markets were initially enthused to see the election results falling in line with the exit polls. However, the run-up to the D-day was so sharp that it turned out to be a sell on news phenomenon," said Devang Mehta, Head Equity Advisory, Centrum Wealth Management.

Participants would now be keen to know the future course of action for bringing the economy back on track, solution to the liquidity situation, the union budget, onset and progress of monsoon in June and most importantly the earnings trajectory, he added.

According to traders, weak cues from other global markets and a depreciating rupee also weighed on investor sentiment.

The rupee depreciated 37 paise to 70.04 against the US dollar in afternoon trade.

Globally, bourses in Asia ended in the red. Indices in Europe were also trading on a negative note in early deals. 
Brent crude, the global oil benchmark, was trading 1.79 per cent lower at $69.72 per barrel.&nbsp;

 
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MUMBAI: The benchmark BSE Sensex erased early gains to end 299 points lower Thursday as investors booked profits after stocks soared to record highs after BJP's strong showing in the Lok Sabha polls.

MUMBAI: The benchmark BSE Sensex erased early gains to end 299 points lower Thursday as investors booked profits after stocks soared to record highs after BJP's strong showing in the Lok Sabha polls. During the day, the Sensex hit the 40,000 mark while the Nifty crossed the 12,000-level for the first time ever. However, the indices succumbed to profit booking towards the fag-end of the session. The 30-share Sensex tumbled 298.82 points, or 0.76 per cent, to close at 38,811.39. Similarly, the broader NSE Nifty settled 80.85 points, or 0.69 per cent, lower at 11,657.05. IndusInd Bank was the biggest gainer in the Sensex pack, rallying 5.23 per cent, followed by Hero MotoCorp, Coal India, Yes Bank, PowerGrid, ICICI Bank, HCL Tech, L&T, Kotak Bank and Bharti Airtel, rising up to 1.56 per cent. On the other hand, Vedanta, ITC, Tata Motors, HDFC twins, Bajaj Finance, Sun Pharma, Tata Steel, TCS, ONGC and Infosys fell up to 5.53 per cent. Riding on a massive Modi wave sweeping through most parts of India, the BJP was set to return to power Thursday as it led in 298 seats while the Congress trailed far behind with 52, according to trends released by the Election Commission for all 542 seats that went to polls. "Markets were initially enthused to see the election results falling in line with the exit polls. However, the run-up to the D-day was so sharp that it turned out to be a sell on news phenomenon," said Devang Mehta, Head Equity Advisory, Centrum Wealth Management. Participants would now be keen to know the future course of action for bringing the economy back on track, solution to the liquidity situation, the union budget, onset and progress of monsoon in June and most importantly the earnings trajectory, he added. According to traders, weak cues from other global markets and a depreciating rupee also weighed on investor sentiment. The rupee depreciated 37 paise to 70.04 against the US dollar in afternoon trade. Globally, bourses in Asia ended in the red. Indices in Europe were also trading on a negative note in early deals. Brent crude, the global oil benchmark, was trading 1.79 per cent lower at $69.72 per barrel.

Markets turn negative after touching record highs; Sensex ends 299 points lower

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

Shares rose for a fourth session to record highs on Tuesday, led by heavyweights including Reliance Industries Ltd, as expectations of a stable government ran high after exit polls on Sunday projected Prime Minister Narendra Modi winning a second term.

Expert's view: Sensex crosses 39,500 mark for first time

The Maha Exit poll 2019 of Zee Media Network predicts National Democratic Alliance (NDA) to win more than 300 seats in Lok Sabha election 2019, and that is a massive victory. Indian market react to Exit-Polls; Sensex jumps more than 890 points on opening

Indian market react to Exit-Polls; Sensex jumps more than 890 points on opening

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.

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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 

The benchmark BSE Sensex jumped over 200 points and the NSE Nifty reclaimed the 11,300 level in early trade Friday amid value-buying in banking, IT and metal stocks.

The 30-share index was trading 201.24 points, or 0.54 per cent, higher at 37,594.72. The broader NSE Nifty was also trading 57.20 points, or 0.51 per cent, up at 11,314.30.

In the previous session on Thursday, the BSE bourse closed 278.60 points, or 0.75 per cent, higher at 37,393.48; and the Nifty rose 100.10 points, or 0.90 per cent, to settle at 11,257.10.

Top gainers in the Sensex pack include Yes Bank, Bajaj Finance, Coal India, HDFC, M&amp;M, IndusInd Bank, HUL, TCS and Maruti, rising up to 3.96 per cent. 
On the other hand, Tata Motors, Infosys, NTPC, Tata Steel, ONGC and HCL Tech fell up to 0.91 per cent.

According to traders, value buying in recently battered stocks lifted key indices.

However, volatility may increase ahead of election results, amid continued tensions between the US and China and sustained foreign fund outflow, experts said.

Foreign institutional investors sold equity worth Rs 953.23 crore on Thursday, while domestic institutional investors purchased shares to the tune of Rs 948.00 crore, provisional data available with stock exchanges showed.

Bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions; while, Wall Street indices ended in the green on Thursday.

On the currency front, rupee depreciated 16 paise to 70.20 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, were trading 0.30 per cent higher at USD 72.84 per barrel.

The benchmark BSE Sensex jumped over 200 points and the NSE Nifty reclaimed the 11,300 level in early trade Friday amid value-buying in banking, IT and metal stocks.

The benchmark BSE Sensex jumped over 200 points and the NSE Nifty reclaimed the 11,300 level in early trade Friday amid value-buying in banking, IT and metal stocks. The 30-share index was trading 201.24 points, or 0.54 per cent, higher at 37,594.72. The broader NSE Nifty was also trading 57.20 points, or 0.51 per cent, up at 11,314.30. In the previous session on Thursday, the BSE bourse closed 278.60 points, or 0.75 per cent, higher at 37,393.48; and the Nifty rose 100.10 points, or 0.90 per cent, to settle at 11,257.10. Top gainers in the Sensex pack include Yes Bank, Bajaj Finance, Coal India, HDFC, M&M, IndusInd Bank, HUL, TCS and Maruti, rising up to 3.96 per cent. On the other hand, Tata Motors, Infosys, NTPC, Tata Steel, ONGC and HCL Tech fell up to 0.91 per cent. According to traders, value buying in recently battered stocks lifted key indices. However, volatility may increase ahead of election results, amid continued tensions between the US and China and sustained foreign fund outflow, experts said. Foreign institutional investors sold equity worth Rs 953.23 crore on Thursday, while domestic institutional investors purchased shares to the tune of Rs 948.00 crore, provisional data available with stock exchanges showed. Bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions; while, Wall Street indices ended in the green on Thursday. On the currency front, rupee depreciated 16 paise to 70.20 against the US dollar in early trade. Brent crude futures, the global oil benchmark, were trading 0.30 per cent higher at USD 72.84 per barrel.

Sensex rises over 200 points; Nifty reclaims 11,300

The domestic stock market on Friday ended in green with BSE Sensex rallying 537.29 points to finish at 37,930.77. NSE Nifty soared 150.05 points to close at 11,407.15.&nbsp;

In early trade, Sensex jumped over 200 points while Nifty reclaimed the 11,300 level today morning.&nbsp;

The rupee depreciated 16 paise to 70.20 against the US dollar in early trade today.&nbsp;

Meanwhile, global oil benchmark Brent crude was trading 0.26 per cent higher at $72.81 per barrel.

On Thursday, Sensex closed 278.60 points higher at 37,393.48 while Nifty went up by 100.10 points to settle at 11,257.10.

The domestic stock market on Friday ended in green with BSE Sensex rallying 537.29 points to finish at 37,930.77. NSE Nifty soared 150.05 points to close at 11,407.

The domestic stock market on Friday ended in green with BSE Sensex rallying 537.29 points to finish at 37,930.77. NSE Nifty soared 150.05 points to close at 11,407.15. In early trade, Sensex jumped over 200 points while Nifty reclaimed the 11,300 level today morning. The rupee depreciated 16 paise to 70.20 against the US dollar in early trade today. Meanwhile, global oil benchmark Brent crude was trading 0.26 per cent higher at $72.81 per barrel. On Thursday, Sensex closed 278.60 points higher at 37,393.48 while Nifty went up by 100.10 points to settle at 11,257.10.

Markets close in green; Sensex surges over 500 points, Nifty settles above 11,400 

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a tepid note Thursday tracking mixed cues from global markets amid sustained foreign fund outflows.

The 30-share index was trading 8.25 points, or 0.02 per cent, higher at 37,123.13. The broader NSE Nifty was also trading 2.05 points, or 0.02 per cent, up at 11,159.05.

In the previous session on Wednesday, the BSE bourse settled 203.65 points, or 0.55 per cent, lower at 37,114.88; and the Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157.

Top gainers in the Sensex pack include Tata Motors, Vedanta, Infosys, Bajaj Finance, PowerGrid, Yes Bank, Axis Bank, Reliance Industries, ICICI bank, NTPC, Tata Steel, Hero MotoCorp, HUL, HCL Tech and Asian Paints, rising up to 3.39 per cent.

On the other hand, Kotak Bank, M&amp;M, L&amp;T, IndusInd Bank, Coal India ITC and HDFC twins fell up to 0.71 per cent.

According to traders, sustained foreign fund outflow kept weighing on investor sentiment here.

Foreign institutional investors (FIIs) sold equity worth Rs 1,142.44 crore on Wednesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 671.77 crore, provisional data available with stock exchanges showed.

A mixed trend in global equities too kept market mood subdued on Dalal Street, traders said.

Bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions; while, Wall Street indices ended in the green on Wednesday.

On the currency front, rupee appreciated marginally to 70.31 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, were trading 0.56 per cent higher at USD 72.17 per barrel.

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a tepid note Thursday tracking mixed cues from global markets amid sustained foreign fund outflows.

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a tepid note Thursday tracking mixed cues from global markets amid sustained foreign fund outflows. The 30-share index was trading 8.25 points, or 0.02 per cent, higher at 37,123.13. The broader NSE Nifty was also trading 2.05 points, or 0.02 per cent, up at 11,159.05. In the previous session on Wednesday, the BSE bourse settled 203.65 points, or 0.55 per cent, lower at 37,114.88; and the Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157. Top gainers in the Sensex pack include Tata Motors, Vedanta, Infosys, Bajaj Finance, PowerGrid, Yes Bank, Axis Bank, Reliance Industries, ICICI bank, NTPC, Tata Steel, Hero MotoCorp, HUL, HCL Tech and Asian Paints, rising up to 3.39 per cent. On the other hand, Kotak Bank, M&M, L&T, IndusInd Bank, Coal India ITC and HDFC twins fell up to 0.71 per cent. According to traders, sustained foreign fund outflow kept weighing on investor sentiment here. Foreign institutional investors (FIIs) sold equity worth Rs 1,142.44 crore on Wednesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 671.77 crore, provisional data available with stock exchanges showed. A mixed trend in global equities too kept market mood subdued on Dalal Street, traders said. Bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions; while, Wall Street indices ended in the green on Wednesday. On the currency front, rupee appreciated marginally to 70.31 against the US dollar in early trade. Brent crude futures, the global oil benchmark, were trading 0.56 per cent higher at USD 72.17 per barrel.

Sensex, Nifty start on a tepid note

The BSE Sensex rebounded 279 points while the NSE Nifty reclaimed the 11,250 level Thursday, propelled by gains in IT and financial stocks amid mixed global cues.

Both the key indices rallied in the last hour of trade after trading on a tepid note through most part of the day.

The 30-share <a href="https://www.wionews.com/business-economy/sensex-nifty-start-on-a-tepid-note-219066">BSE benchmark</a> closed 278.60 points or 0.75 per cent, higher at 37,393.48. It hit an intra-day high of 37,518.94 and a low of 37,052.30.

Similarly, the broader Nifty rose 100.10 points, or 0.90 per cent, to settle at 11,257.10. During the day, it hit a high of 11,281.55 and a low of 11,143.35. 
Bajaj Finance was the biggest gainer in the Sensex pack, spurting 3.64 per cent, after the company reported a jump of 50 per cent in standalone net profit at Rs 1,114 crore for the March quarter.

Tata Motors, Infosys, Vedanta, ONGC, PowerGrid, NPTC, Axis Bank, ICICI Bank, Kotak Bank, SBI, HDFC Bank, Tata Steel, TCS and RIL too rose up to 3.48 per cent.

On the other hand, Yes Bank was the top loser, cracking 4.07 per cent, followed by Bharti Airtel, IndusInd Bank, Coal India, ITC, M&amp;M, HDFC, Maruti and Asian Paints, shedding up to 1.87 per cent.

Foreign institutional investors (FIIs) net sold shares worth Rs 1,142.44 crore on Wednesday, while domestic institutional investors (DIIs) purchased equities to the tune of Rs 671.77 crore, provisional data available with stock exchanges showed.

Bourses in China, Japan and Korea ended on a mixed note after US slapped sanctions on Chinese telecom major Huawei. European stocks opened in the red.

Meanwhile, the Indian rupee appreciated by 27 paise to 70.07 against the US dollar intra-day.

Global oil benchmark Brent crude was trading 0.56 per cent higher at $72.17 per barrel.&nbsp;

The BSE Sensex rebounded 279 points while the NSE Nifty reclaimed the 11,250 level Thursday, propelled by gains in IT and financial stocks amid mixed global cues.

The BSE Sensex rebounded 279 points while the NSE Nifty reclaimed the 11,250 level Thursday, propelled by gains in IT and financial stocks amid mixed global cues. Both the key indices rallied in the last hour of trade after trading on a tepid note through most part of the day. The 30-share BSE benchmark closed 278.60 points or 0.75 per cent, higher at 37,393.48. It hit an intra-day high of 37,518.94 and a low of 37,052.30. Similarly, the broader Nifty rose 100.10 points, or 0.90 per cent, to settle at 11,257.10. During the day, it hit a high of 11,281.55 and a low of 11,143.35. Bajaj Finance was the biggest gainer in the Sensex pack, spurting 3.64 per cent, after the company reported a jump of 50 per cent in standalone net profit at Rs 1,114 crore for the March quarter. Tata Motors, Infosys, Vedanta, ONGC, PowerGrid, NPTC, Axis Bank, ICICI Bank, Kotak Bank, SBI, HDFC Bank, Tata Steel, TCS and RIL too rose up to 3.48 per cent. On the other hand, Yes Bank was the top loser, cracking 4.07 per cent, followed by Bharti Airtel, IndusInd Bank, Coal India, ITC, M&M, HDFC, Maruti and Asian Paints, shedding up to 1.87 per cent. Foreign institutional investors (FIIs) net sold shares worth Rs 1,142.44 crore on Wednesday, while domestic institutional investors (DIIs) purchased equities to the tune of Rs 671.77 crore, provisional data available with stock exchanges showed. Bourses in China, Japan and Korea ended on a mixed note after US slapped sanctions on Chinese telecom major Huawei. European stocks opened in the red. Meanwhile, the Indian rupee appreciated by 27 paise to 70.07 against the US dollar intra-day. Global oil benchmark Brent crude was trading 0.56 per cent higher at $72.17 per barrel.

Sensex surges 279 points; IT, finance stocks shine

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a positive note Wednesday tracking firm cues from global markets after US President Donald Trump hinted at the possibility of a trade deal with China in the future.

After surging over 200 points in early session, the 30-share index was trading 98.07 points, or 0.26 per cent, higher at 37,416.60. The broader NSE Nifty was also trading 21.65 points, or 0.19 per cent, up at 11,243.70.

In the previous session on Tuesday, the BSE bourse settled at 37,318.53, gaining 227.71 points or 0.61 per cent; and the Nifty ended at 11,222.05, 73.85 points or 0.66 per cent higher.

Top gainers in the Sensex pack include Yes Bank, Tata Motors, Sun Pharma, Coal India, NTPC, Hero MotoCorp, Bajaj Auto, HUL, Bharti Airtel, Asian Paints, ONGC and HDFC, shedding up to 3.04 per cent.

On the other hand, HCL Tech, Tata Steel, M&amp;M, PowerGrid, Vedanta, RIL and TCS were the major gainers, rising up to 1.79 per cent.

According to traders, investors took cues for other Asian bourses which were trading higher after US President Trump hinted at the possibility of a trade deal with China, in a series of tweets.

"When the time is right we will make a deal with China... Respect and friendship with President Xi is unlimited," he wrote.

"We can make a deal with China tomorrow, before their companies start leaving so as not to lose USA business" he added.

Sustained foreign fund outflow, however, weighed on investor sentiment here, capping the gains on key bourses, traders said.

Foreign institutional investors (FIIs) sold equity worth Rs 2,011.85 crore on Tuesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 2,242.91 crore, provisional data available with stock exchanges showed.

According to experts, investors are not very aggressive in the market as every rally will be used as an opportunity to book profit. Market is watchful of quarter earnings and election verdict too.

Meanwhile, on the currency front, rupee appreciated 18 paise to 70.26 against the US dollar.

Brent crude futures, the global oil benchmark, were trading 0.31 per cent lower at USD 71.02 per barrel.&nbsp;

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a positive note Wednesday tracking firm cues from global markets after US President Donald Trump hinted at the possibility of a trade deal with China in the future.

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a positive note Wednesday tracking firm cues from global markets after US President Donald Trump hinted at the possibility of a trade deal with China in the future. After surging over 200 points in early session, the 30-share index was trading 98.07 points, or 0.26 per cent, higher at 37,416.60. The broader NSE Nifty was also trading 21.65 points, or 0.19 per cent, up at 11,243.70. In the previous session on Tuesday, the BSE bourse settled at 37,318.53, gaining 227.71 points or 0.61 per cent; and the Nifty ended at 11,222.05, 73.85 points or 0.66 per cent higher. Top gainers in the Sensex pack include Yes Bank, Tata Motors, Sun Pharma, Coal India, NTPC, Hero MotoCorp, Bajaj Auto, HUL, Bharti Airtel, Asian Paints, ONGC and HDFC, shedding up to 3.04 per cent. On the other hand, HCL Tech, Tata Steel, M&M, PowerGrid, Vedanta, RIL and TCS were the major gainers, rising up to 1.79 per cent. According to traders, investors took cues for other Asian bourses which were trading higher after US President Trump hinted at the possibility of a trade deal with China, in a series of tweets. "When the time is right we will make a deal with China... Respect and friendship with President Xi is unlimited," he wrote. "We can make a deal with China tomorrow, before their companies start leaving so as not to lose USA business" he added. Sustained foreign fund outflow, however, weighed on investor sentiment here, capping the gains on key bourses, traders said. Foreign institutional investors (FIIs) sold equity worth Rs 2,011.85 crore on Tuesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 2,242.91 crore, provisional data available with stock exchanges showed. According to experts, investors are not very aggressive in the market as every rally will be used as an opportunity to book profit. Market is watchful of quarter earnings and election verdict too. Meanwhile, on the currency front, rupee appreciated 18 paise to 70.26 against the US dollar. Brent crude futures, the global oil benchmark, were trading 0.31 per cent lower at USD 71.02 per barrel.

Sensex, Nifty start on a positive note amid firm global cues

The BSE Sensex ended 203.65 points lower after a volatile session Wednesday as investors took money off the table amid mixed global cues.

After gyrating over 500 points, the 30-share BSE benchmark closed 203.65 points, or 0.55 per cent, lower at 37,114.88. The index hit an intra-day low of 37,047.87 and a high of 37,559.67.

Similarly, the broader NSE Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157. During the day, the gauge hit a low of 11,136.95 and a high of 11,286.80.

Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.

IndusInd Bank, Coal India, Sun Pharma, PowerGrid, Bharti Airtel, Axis Bank, Tata Steel, HUL, Maruti, L&amp;T, M&amp;M, ICICI Bank, HDFC and RIL too ended in the red, shedding up to 3.66 per cent.

On the other hand, Bajaj Finance was the top gainer, spurting 4.11 per cent, followed by ITC, Kotak Bank, Infosys and TCS, ending up to 1.05 per cent higher.

According to experts, investors are not very aggressive as every rally is being used as an opportunity to book profits. Market is also watchful of quarterly earnings and election verdict.

Sustained foreign fund outflow too weighed on investor sentiment, they added.

Foreign institutional investors net sold equities worth Rs 2,011.85 crore on Tuesday, while domestic institutional investors purchased shares to the tune of Rs 2,242.91 crore, provisional data available with stock exchanges showed.

Bourses in China, Japan and Korea ended in the green after US President Donald Trump hinted at the possibility of a trade deal with China.

European stocks, however, opened on a weak note.

Meanwhile, the Indian rupee appreciated by 11 paise to 70.33 against the US dollar intra-day.

Global oil benchmark Brent crude was trading 0.66 per cent lower at USD 70.77 per barrel.&nbsp;

The BSE Sensex ended 203.65 points lower after a volatile session Wednesday as investors took money off the table amid mixed global cues. After gyrating over 500 points, the 30-share BSE benchmark closed 203.

The BSE Sensex ended 203.65 points lower after a volatile session Wednesday as investors took money off the table amid mixed global cues. After gyrating over 500 points, the 30-share BSE benchmark closed 203.65 points, or 0.55 per cent, lower at 37,114.88. The index hit an intra-day low of 37,047.87 and a high of 37,559.67. Similarly, the broader NSE Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157. During the day, the gauge hit a low of 11,136.95 and a high of 11,286.80. Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent. IndusInd Bank, Coal India, Sun Pharma, PowerGrid, Bharti Airtel, Axis Bank, Tata Steel, HUL, Maruti, L&T, M&M, ICICI Bank, HDFC and RIL too ended in the red, shedding up to 3.66 per cent. On the other hand, Bajaj Finance was the top gainer, spurting 4.11 per cent, followed by ITC, Kotak Bank, Infosys and TCS, ending up to 1.05 per cent higher. According to experts, investors are not very aggressive as every rally is being used as an opportunity to book profits. Market is also watchful of quarterly earnings and election verdict. Sustained foreign fund outflow too weighed on investor sentiment, they added. Foreign institutional investors net sold equities worth Rs 2,011.85 crore on Tuesday, while domestic institutional investors purchased shares to the tune of Rs 2,242.91 crore, provisional data available with stock exchanges showed. Bourses in China, Japan and Korea ended in the green after US President Donald Trump hinted at the possibility of a trade deal with China. European stocks, however, opened on a weak note. Meanwhile, the Indian rupee appreciated by 11 paise to 70.33 against the US dollar intra-day. Global oil benchmark Brent crude was trading 0.66 per cent lower at USD 70.77 per barrel.

Sensex tumbles 204 points, Nifty ends below 11,200

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Tuesday tracking downbeat global market sentiment and foreign fund outflows.

The BSE gauge Sensex fell 61.88 points to trade at 37,028 in early deals, while the NSE Nifty declined 18.45 points to 11,129.75. 
On Monday, Indian bourses registered losses for the ninth consecutive session.

In the last nine sessions, the Sensex has lost 1,940.73 points and the Nifty has given away nearly 600 points.

Top gainers in the early session were Vedanta, Sun Pharma, RIL, ICICI Bank, Tata Motors, IndusInd Bank, ITC, Bharti Airtel, PowerGrid rising up to 2.85 per cent.

On the other hand, Bajaj Auto, Asian Paints, Tata Steel, ONGC, Infosys, HCL Tech, HDFC, Coal India, Yes Bank, TCS, Bajaj Finance, NTPC, Axis Bank, were among the top losers, shedding up to 1.74 per cent.

Indian bourses are facing headwinds both on the domestic and global front as weak macroeconomic scenario, concerns over the health of NBFC sector, US-China trade tensions and uncertainty over Lok Sabha poll outcome have been keeping investors jittery for past many sessions, according to market experts.

Meanwhile, the Indian rupee was trading five paise higher at 70.46 against the US dollar in opening deals Tuesday.

In Asia, all leading bourses witnessed mild to heavy sell-offs on Tuesday after US-China trade war further intensified.

In a retaliatory move, China on Monday said it would raise tariffs on US goods worth nearly USD 60 billion.

Brent Futures, global crude oil benchmark, traded higher at USD 70.30 per barrel, up 0.10 per cent, on concerns about supply disruptions in view of geopolitical tensions in the crucial oil-producing region of the Middle East.

In recent months, the country's financial system has been grappling with multiple woes in the wake of the turmoil at diversified IL&amp;FS group as well as default by some other large entities.

Sunil Sharma, Chief Investment Officer, Sanctum Wealth Management, said, "apart from global concerns, Indian markets are also worried about the liquidity crunch on the ground affecting both, investments and consumption in the country."

Foreign institutional investors (FIIs) net sold equities worth Rs 1,056.01 crore on Monday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 1,057.91 crore, as per provisional data.

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Tuesday tracking downbeat global market sentiment and foreign fund outflows. The BSE gauge Sensex fell 61.

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Tuesday tracking downbeat global market sentiment and foreign fund outflows. The BSE gauge Sensex fell 61.88 points to trade at 37,028 in early deals, while the NSE Nifty declined 18.45 points to 11,129.75. On Monday, Indian bourses registered losses for the ninth consecutive session. In the last nine sessions, the Sensex has lost 1,940.73 points and the Nifty has given away nearly 600 points. Top gainers in the early session were Vedanta, Sun Pharma, RIL, ICICI Bank, Tata Motors, IndusInd Bank, ITC, Bharti Airtel, PowerGrid rising up to 2.85 per cent. On the other hand, Bajaj Auto, Asian Paints, Tata Steel, ONGC, Infosys, HCL Tech, HDFC, Coal India, Yes Bank, TCS, Bajaj Finance, NTPC, Axis Bank, were among the top losers, shedding up to 1.74 per cent. Indian bourses are facing headwinds both on the domestic and global front as weak macroeconomic scenario, concerns over the health of NBFC sector, US-China trade tensions and uncertainty over Lok Sabha poll outcome have been keeping investors jittery for past many sessions, according to market experts. Meanwhile, the Indian rupee was trading five paise higher at 70.46 against the US dollar in opening deals Tuesday. In Asia, all leading bourses witnessed mild to heavy sell-offs on Tuesday after US-China trade war further intensified. In a retaliatory move, China on Monday said it would raise tariffs on US goods worth nearly USD 60 billion. Brent Futures, global crude oil benchmark, traded higher at USD 70.30 per barrel, up 0.10 per cent, on concerns about supply disruptions in view of geopolitical tensions in the crucial oil-producing region of the Middle East. In recent months, the country's financial system has been grappling with multiple woes in the wake of the turmoil at diversified IL&FS group as well as default by some other large entities. Sunil Sharma, Chief Investment Officer, Sanctum Wealth Management, said, "apart from global concerns, Indian markets are also worried about the liquidity crunch on the ground affecting both, investments and consumption in the country." Foreign institutional investors (FIIs) net sold equities worth Rs 1,056.01 crore on Monday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 1,057.91 crore, as per provisional data.

Sensex, Nifty open lower on weak domestic, global cues

Indian equities Tuesday reversed their nine-session losing streak, with the BSE Sensex recovering over 227 points and the NSE Nifty regaining nearly 74 points, helped by gains in pharma, banking and energy stocks.

Sensex heavyweights Reliance Industries, ITC and SBI were mainly responsible for the recovery.

In percentage terms, however, Sun Pharma topped the chart with 5.87 per cent. Other major gainers include Bharti Airtel, Vedanta, Indusind Bank, SBI and RIL -- rising as much as 5.40 per cent.

On the flip side, TCS, HCL Tech, Bjaja Finance, Bajaj Auto and Infosys were among the top losers on the 30-share index.

The gauge started off the session on a slightly positive note at 37,146.58 against the previous close of 37,090.82. Intra-day, the index touched a high of 37,572.70 and a low of 36,956.10. It finally settled the day at 37,318.53, gaining 227.71 points or 0.61 per cent.

Similarly, the NSE gauge Nifty opened higher at 11,151.65 and touched a high of 11,294.75 and low of 11,108.30 during the session. It finally ended at 11,222.05, 73.85 points or 0.66 per cent higher.

On Monday, Indian bourses had registered losses for the ninth consecutive session.

In the last nine sessions, the Sensex had lost 1,940.73 points and the Nifty has given away nearly 600 points.

The Tuesday's trade, mainly the first half of the session, was marked by intense volatility as investors appeared cautious weighing a host of headwinds like concerns on macro-economic front, US-China trade war tensions and uncertainty over election outcome.

Meanwhile, the Indian rupee staged a mild recovery, trading 13 paise higher at 70.38 against the US dollar in intra-day.

In Asia, all leading bourses witnessed mild to heavy sell-offs on Tuesday after US-China trade war further intensified.

In a retaliatory move, China on Monday said it would raise tariffs on US goods worth nearly $60 billion.

Brent Futures, global crude oil benchmark, traded higher at USD 70.89 per barrel, up 0.94 per cent, on concerns about supply disruptions in view of geo-political tensions in the crucial oil producing region of the Middle East.

The escalating trade war between the US and China is causing more market volatility around the world.&nbsp;

Indian equities Tuesday reversed their nine-session losing streak, with the BSE Sensex recovering over 227 points and the NSE Nifty regaining nearly 74 points, helped by gains in pharma, banking and energy stocks.

Indian equities Tuesday reversed their nine-session losing streak, with the BSE Sensex recovering over 227 points and the NSE Nifty regaining nearly 74 points, helped by gains in pharma, banking and energy stocks. Sensex heavyweights Reliance Industries, ITC and SBI were mainly responsible for the recovery. In percentage terms, however, Sun Pharma topped the chart with 5.87 per cent. Other major gainers include Bharti Airtel, Vedanta, Indusind Bank, SBI and RIL -- rising as much as 5.40 per cent. On the flip side, TCS, HCL Tech, Bjaja Finance, Bajaj Auto and Infosys were among the top losers on the 30-share index. The gauge started off the session on a slightly positive note at 37,146.58 against the previous close of 37,090.82. Intra-day, the index touched a high of 37,572.70 and a low of 36,956.10. It finally settled the day at 37,318.53, gaining 227.71 points or 0.61 per cent. Similarly, the NSE gauge Nifty opened higher at 11,151.65 and touched a high of 11,294.75 and low of 11,108.30 during the session. It finally ended at 11,222.05, 73.85 points or 0.66 per cent higher. On Monday, Indian bourses had registered losses for the ninth consecutive session. In the last nine sessions, the Sensex had lost 1,940.73 points and the Nifty has given away nearly 600 points. The Tuesday's trade, mainly the first half of the session, was marked by intense volatility as investors appeared cautious weighing a host of headwinds like concerns on macro-economic front, US-China trade war tensions and uncertainty over election outcome. Meanwhile, the Indian rupee staged a mild recovery, trading 13 paise higher at 70.38 against the US dollar in intra-day. In Asia, all leading bourses witnessed mild to heavy sell-offs on Tuesday after US-China trade war further intensified. In a retaliatory move, China on Monday said it would raise tariffs on US goods worth nearly $60 billion. Brent Futures, global crude oil benchmark, traded higher at USD 70.89 per barrel, up 0.94 per cent, on concerns about supply disruptions in view of geo-political tensions in the crucial oil producing region of the Middle East. The escalating trade war between the US and China is causing more market volatility around the world.

Sensex recovers over 227 points; Nifty up 73 points at 11,222.05

BSE Sensex on Monday dropped 372.17 points to close at 37,090.82. NSE Nifty slumped 130.70 points to close at 11,148.20.&nbsp;

The domestic <a href="https://www.wionews.com/business-economy/stock-markets-open-in-red-on-weak-global-cues-218250">stock markets today opened in red</a> trailing weak global cues.&nbsp;

At 9.33 am, the Nifty50 on the National Stock Exchange traded at 11,256.55, lower by 22.35 points or 0.20 per cent from the previous close of 11,278.90 points.

The BSE Sensex traded at 37,454.25, lower by 8.74 or 0.02 per cent, from the previous close of 37,462.99 points.

It opened at 37,491.30 and has so far touched an intra-day high of 37,505.66 and a low of 37,319 points.&nbsp;

The rupee depreciated by 26 paise to 70.18 against the US dollar in early trade today amid US-China trade-related concerns and rising crude oil prices.

The domestic currency fell sharply by 59 paise to close at nearly two-and-a-half-month-low of 70.51 against the US currency due to persistent foreign fund outflows and renewed worries over rising crude oil prices.

BSE Sensex on Monday dropped 372.17 points to close at 37,090.82. NSE Nifty slumped 130.70 points to close at 11,148.20. The domestic stock markets today opened in red trailing weak global cues.

BSE Sensex on Monday dropped 372.17 points to close at 37,090.82. NSE Nifty slumped 130.70 points to close at 11,148.20. The domestic stock markets today opened in red trailing weak global cues. At 9.33 am, the Nifty50 on the National Stock Exchange traded at 11,256.55, lower by 22.35 points or 0.20 per cent from the previous close of 11,278.90 points. The BSE Sensex traded at 37,454.25, lower by 8.74 or 0.02 per cent, from the previous close of 37,462.99 points. It opened at 37,491.30 and has so far touched an intra-day high of 37,505.66 and a low of 37,319 points. The rupee depreciated by 26 paise to 70.18 against the US dollar in early trade today amid US-China trade-related concerns and rising crude oil prices. The domestic currency fell sharply by 59 paise to close at nearly two-and-a-half-month-low of 70.51 against the US currency due to persistent foreign fund outflows and renewed worries over rising crude oil prices.

Markets end in red; Sensex drops over 350 points, Nifty closes at 11,148.20

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