The benchmark BSE Sensex today dropped by 300 points to close at a two-week low, extending its fall for the fourth straight session as metal, banking, oil &amp; gas and auto stocks slumped after the US president fuelled fears of a global trade war.

The 30-share barometer resumed lower and fell to a low of 33,653.41 in intra-day trade. The index settled at 33,746.78 down 300.16 points, or 0.88 per cent. The gauge had lost 398.81 in the previous three sessions.

This was the lowest closing since February 20 when it had finished at 33,703.59.

The 50-issue NSE Nifty too cracked below the 10,400-mark and hit a low of 10,323.90 before finishing 99.50 points, or 0.95 per cent down at 10,358.85.

Market sentiment was dampened as India&#39;s services sector contracted in February and fell to a six-month low, as new work orders suffered amid weak underlying demand conditions, says a monthly survey.

The seasonally adjusted Nikkei India Services Business Activity Index fell from 51.7 in January to 47.8 in February, its lowest level since August. 
Overseas, weakening trend in Asian bourses as the fallout from Trump&#39;s steel and aluminium tariffs continued to spook investors and dampen the market sentiment, brokers said.

The losses came even as Bharatiya Janata Party&#39;s strong showing in three Northeast states, they added.

The index settled at 33,746.78 down 300.16 points, or 0.88 per cent. The gauge had lost 398.81 in the previous three sessions.

The benchmark BSE Sensex today dropped by 300 points to close at a two-week low, extending its fall for the fourth straight session as metal, banking, oil & gas and auto stocks slumped after the US president fuelled fears of a global trade war. The 30-share barometer resumed lower and fell to a low of 33,653.41 in intra-day trade. The index settled at 33,746.78 down 300.16 points, or 0.88 per cent. The gauge had lost 398.81 in the previous three sessions. This was the lowest closing since February 20 when it had finished at 33,703.59. The 50-issue NSE Nifty too cracked below the 10,400-mark and hit a low of 10,323.90 before finishing 99.50 points, or 0.95 per cent down at 10,358.85. Market sentiment was dampened as India's services sector contracted in February and fell to a six-month low, as new work orders suffered amid weak underlying demand conditions, says a monthly survey. The seasonally adjusted Nikkei India Services Business Activity Index fell from 51.7 in January to 47.8 in February, its lowest level since August. Overseas, weakening trend in Asian bourses as the fallout from Trump's steel and aluminium tariffs continued to spook investors and dampen the market sentiment, brokers said. The losses came even as Bharatiya Janata Party's strong showing in three Northeast states, they added.

Sensex drops 300 points to 2-week low amid global trade war fears

The BSE Sensex fell 252 points to drop below the 34,000 mark and NSE Nifty shed over 90 points in opening trade today on heavy losses in metal, auto, oil and Gas, banking and PSU stocks after US President Donald Trump fuelled concerns of a global trade war.

Asian markets too turned negative as the fallout from Trump&#39;s steel and aluminium tariffs continued to spook investors and dampen market sentiment here, brokers said.

The 30-share barometer shed 251.56 points, or 0.73 per cent, to 33,795.38. The gauge had lost 398.81 in the previous three sessions.

The NSE Nifty was trading down by 90.40 points, or 0.86 per cent, at 10,367.95.

All sectoral indices led by metal, auto, oil &amp; gas banking and PSU stocks were trading in the negative terrain.

The laggards were Yes Bank, Tata Steel, Tata Motors, Coal India, Bharti Airtel, ONGC, HUL, Bajaj Auto, Dr Reddy&#39;s HDFC, Asian Paint, Power Grid, M&amp;M and SBI, falling up to 2.28 per cent.

Meanwhile, on a net basis, domestic institutional investors (DIIs) sold shares worth Rs 3.29 crore while foreign portfolio investors (FPIs) bought shares worth Rs 241.85 crore on Thursday, provisional data released by the stock exchanges showed.

In the Asian region, Hong Kong&#39;s Hang Seng fell 1.38 per cent, Japan&#39;s Nikkei shed 0.65 per cent, while Shanghai Composite Index down 0.35 per cent in their early deals.

The US Dow Jones Industrial Average ended 0.29 per cent lower on Friday.&nbsp;

 
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The downslide was caused by heavy losses in metal, auto, oil and Gas, banking and PSU stocks after US President Donald Trump fuelled concerns of a global trade war

The BSE Sensex fell 252 points to drop below the 34,000 mark and NSE Nifty shed over 90 points in opening trade today on heavy losses in metal, auto, oil and Gas, banking and PSU stocks after US President Donald Trump fuelled concerns of a global trade war. Asian markets too turned negative as the fallout from Trump's steel and aluminium tariffs continued to spook investors and dampen market sentiment here, brokers said. The 30-share barometer shed 251.56 points, or 0.73 per cent, to 33,795.38. The gauge had lost 398.81 in the previous three sessions. The NSE Nifty was trading down by 90.40 points, or 0.86 per cent, at 10,367.95. All sectoral indices led by metal, auto, oil & gas banking and PSU stocks were trading in the negative terrain. The laggards were Yes Bank, Tata Steel, Tata Motors, Coal India, Bharti Airtel, ONGC, HUL, Bajaj Auto, Dr Reddy's HDFC, Asian Paint, Power Grid, M&M and SBI, falling up to 2.28 per cent. Meanwhile, on a net basis, domestic institutional investors (DIIs) sold shares worth Rs 3.29 crore while foreign portfolio investors (FPIs) bought shares worth Rs 241.85 crore on Thursday, provisional data released by the stock exchanges showed. In the Asian region, Hong Kong's Hang Seng fell 1.38 per cent, Japan's Nikkei shed 0.65 per cent, while Shanghai Composite Index down 0.35 per cent in their early deals. The US Dow Jones Industrial Average ended 0.29 per cent lower on Friday.

Sensex falls 250 points; Nifty slips below 10,400 level

The BSE Sensex dropped by over 137 points or 0.40 per cent to close at 34,046.94 today to extend losses for the third day in a row as fiscal deficit worries and global sell-off triggered by US Fed rate hike fears continued to unsettle investors despite positive macro data.

Banking stocks, particularly state-run lenders were among the biggest laggards on unabated nervous off-loading by participants amid growing concerns over a spate of fraud cases.

Select auto stocks, however, were in some demand on the back of encouraging February sales numbers.

The 30-share benchmark opened higher and scaled a high of 34,278.63 in early deals after positive GDP data for the third quarter. According to the official data released after market hours yesterday, the GDP growth rate rose to a five-quarter high growth of 7.2 per cent in the October-December quarter on good showing by key sectors like manufacturing.

The core sector growth rate also picked up momentum to touch 6.2 per cent in January.

Stocks however slipped into the negative zone with the BSE Sensex touching a low of 34,015.79 due to continued selling in global markets.

The 30-share barometer settled at 34,046.94, down 137.10 points, or 0.40 per cent as its 20 constituents led by ICICI Bank and SBI ended in the red.

The 50-issue NSE Nifty too lost 34.50 points, or 0.33 at 10,458.35 after shuttling between 10,525.50 and 10,447.15.

For the week, the flagship Sensex recorded a fall of 95.21 points, or 0.27 per cent, while the NSE Nifty lost 32.70 points, or 0.31 per cent.

&quot;Markets traded dull and ended lower amid mixed local cues. Initially, participants took note of encouraging GDP figure and uptick in core sector data, which helped index to open higher despite weak global markets. However, further widening of fiscal deficit also dampened the sentiment to some extent and capped upside,&quot; said Jayant Manglik, President, Religare Broking Ltd.

Official data showed that fiscal deficit touched Rs 6.77 lakh crore at the end of January, 113.7 per cent of the target for the entire fiscal, on account of higher expenditure.

Analyst said the market was in &quot;sell on rise&quot; phase as investors preferred to book profits amid global uncertainty.

Asian markets broadly closed with losses, extending a global sell-off on US interest rate hike fears. US Fed chief Jerome Powell who painted a rosy picture about the US economy and hinted at future rate hikes before the Congress was set to speak on Capitol Hill again today.

In the sectoral terms, the BSE metal index fell by 0.95 per cent, bankex (0.85 per cent), realty (0.77 per cent), consumer durables (0.71 per cent), teck (0.65 per cent), healthcare (0.58 per cent), IT (0.53 per cent), power (0.48 per cent) and PSU (0.43 per cent).

In the Sensex pack, ICICI Bank suffered the most by 2.63 per cent, followed by country&#39;s largest state-run SBI 2.31 per cent.

Other laggards include Infosys, Power Grid, HDFC Bank, ITC Ltd, Axis Bank, RIL, Hero MotoCorp, Yes Bank, L&amp;T, Dr Reddy&#39;s, Adani Ports, Sun Pharma, NTPC, TCS an HDFC Ltd, falling up to 1.19 per cent.

In contrast, Coal India, IndusInd Bank, Hindustan Unilever, M&amp;M, Kotak Bank, ONGC, Tata Steel, Tata Motors and Maruti Suzui managed to end in the positive terrain and cushioned the fall.

The broader markets too were under selling pressure from investors with the BSE mid-cap index falling by 0.61 per cent, while small-cap index lost 0.24 per cent.

Globally, Japan&#39;s Nikkei fell 1.56 per cent, while Singapore shed 0.24 per cent. Shanghai Composite Index, however, was up 0.44 per cent and Hong Kong&#39;s Hang Seng rose 0.65 per cent.

In Europe, Frankfurt&#39;s DAX 30 fell 0.50 per cent, while Paris CAC 40 down 0.25 per cent in their early deals. London&#39;s FTSE too fell 0.18 per cent.&nbsp;

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The benchmark Sensex closed down 0.40 per cent at 34,046.94

The BSE Sensex dropped by over 137 points or 0.40 per cent to close at 34,046.94 today to extend losses for the third day in a row as fiscal deficit worries and global sell-off triggered by US Fed rate hike fears continued to unsettle investors despite positive macro data. Banking stocks, particularly state-run lenders were among the biggest laggards on unabated nervous off-loading by participants amid growing concerns over a spate of fraud cases. Select auto stocks, however, were in some demand on the back of encouraging February sales numbers. The 30-share benchmark opened higher and scaled a high of 34,278.63 in early deals after positive GDP data for the third quarter. According to the official data released after market hours yesterday, the GDP growth rate rose to a five-quarter high growth of 7.2 per cent in the October-December quarter on good showing by key sectors like manufacturing. The core sector growth rate also picked up momentum to touch 6.2 per cent in January. Stocks however slipped into the negative zone with the BSE Sensex touching a low of 34,015.79 due to continued selling in global markets. The 30-share barometer settled at 34,046.94, down 137.10 points, or 0.40 per cent as its 20 constituents led by ICICI Bank and SBI ended in the red. The 50-issue NSE Nifty too lost 34.50 points, or 0.33 at 10,458.35 after shuttling between 10,525.50 and 10,447.15. For the week, the flagship Sensex recorded a fall of 95.21 points, or 0.27 per cent, while the NSE Nifty lost 32.70 points, or 0.31 per cent. "Markets traded dull and ended lower amid mixed local cues. Initially, participants took note of encouraging GDP figure and uptick in core sector data, which helped index to open higher despite weak global markets. However, further widening of fiscal deficit also dampened the sentiment to some extent and capped upside," said Jayant Manglik, President, Religare Broking Ltd. Official data showed that fiscal deficit touched Rs 6.77 lakh crore at the end of January, 113.7 per cent of the target for the entire fiscal, on account of higher expenditure. Analyst said the market was in "sell on rise" phase as investors preferred to book profits amid global uncertainty. Asian markets broadly closed with losses, extending a global sell-off on US interest rate hike fears. US Fed chief Jerome Powell who painted a rosy picture about the US economy and hinted at future rate hikes before the Congress was set to speak on Capitol Hill again today. In the sectoral terms, the BSE metal index fell by 0.95 per cent, bankex (0.85 per cent), realty (0.77 per cent), consumer durables (0.71 per cent), teck (0.65 per cent), healthcare (0.58 per cent), IT (0.53 per cent), power (0.48 per cent) and PSU (0.43 per cent). In the Sensex pack, ICICI Bank suffered the most by 2.63 per cent, followed by country's largest state-run SBI 2.31 per cent. Other laggards include Infosys, Power Grid, HDFC Bank, ITC Ltd, Axis Bank, RIL, Hero MotoCorp, Yes Bank, L&T, Dr Reddy's, Adani Ports, Sun Pharma, NTPC, TCS an HDFC Ltd, falling up to 1.19 per cent. In contrast, Coal India, IndusInd Bank, Hindustan Unilever, M&M, Kotak Bank, ONGC, Tata Steel, Tata Motors and Maruti Suzui managed to end in the positive terrain and cushioned the fall. The broader markets too were under selling pressure from investors with the BSE mid-cap index falling by 0.61 per cent, while small-cap index lost 0.24 per cent. Globally, Japan's Nikkei fell 1.56 per cent, while Singapore shed 0.24 per cent. Shanghai Composite Index, however, was up 0.44 per cent and Hong Kong's Hang Seng rose 0.65 per cent. In Europe, Frankfurt's DAX 30 fell 0.50 per cent, while Paris CAC 40 down 0.25 per cent in their early deals. London's FTSE too fell 0.18 per cent.

Sensex, Nifty fall despite GDP upswing

The Sensex and Nifty fell for a second straight session on Wednesday with financials leading the decline, as fears of faster interest rate hikes in the United States hurt investor risk appetite.

The Nifty closed below 10,500 for the seventh time in nine sessions, ending 0.58 per cent lower at 10,492.85.

The Sensex closed down 0.47 per cent at 34,184.04.

Investors now await October-December gross domestic product data due later in the day for clues about the domestic economy.

The Sensex closed down 0.47 per cent at 34,184.04.

The Sensex and Nifty fell for a second straight session on Wednesday with financials leading the decline, as fears of faster interest rate hikes in the United States hurt investor risk appetite. The Nifty closed below 10,500 for the seventh time in nine sessions, ending 0.58 per cent lower at 10,492.85. The Sensex closed down 0.47 per cent at 34,184.04. Investors now await October-December gross domestic product data due later in the day for clues about the domestic economy.

Sensex, Nifty down over global cues

Indian shares ended lower on Tuesday, dragged by bank stocks as uncertainties around state-run banks hit risk appetite.

Punjab National Bank uncovered more fraudulent transactions, taking its overall prospective loss to nearly $2 billion, while the finance ministry announced a 15-day deadline for PSU lenders to improve oversight.

The benchmark BSE index closed down 0.29 percent at 34,346.39. The broader NSE index ended 0.27 percent lower at 10,554.3. Both indexes fell for the first time in three sessions.

The Nifty PSU Bank index closed 3.49 percent lower, with PNB ending 12.2 percent down.

PNB uncovered more fraudulent transactions

Indian shares ended lower on Tuesday, dragged by bank stocks as uncertainties around state-run banks hit risk appetite. Punjab National Bank uncovered more fraudulent transactions, taking its overall prospective loss to nearly $2 billion, while the finance ministry announced a 15-day deadline for PSU lenders to improve oversight. The benchmark BSE index closed down 0.29 percent at 34,346.39. The broader NSE index ended 0.27 percent lower at 10,554.3. Both indexes fell for the first time in three sessions. The Nifty PSU Bank index closed 3.49 percent lower, with PNB ending 12.2 percent down.

Sensex, Nifty end lower; PNB down 12 percent

Market benchmark Sensex spurted more than 300 points to close at a three-week high of 34,445.75 today on unabated buying by domestic institutional investors amid positive global leads. 
 
The wider NSE Nifty too went past the 10,550-level. 
 
A firming trend on Asian and European bourses following a good show by Wall Street on Friday bolstered sentiment. 
 
The 30-share BSE Sensex opened on a strong footing at 34,225.72 and maintained its upward trend to hit the day&#39;s high of 34,483.39 before ending at 34,445.75, up 303.60 points, or 0.89 per cent. 
 
This level was last seen on February 5, when the Sensex had closed at 34,757.16. 
 
The index had rallied 322.65 points in the previous session on Friday on value-buying by investors in recently-battered blue-chip stocks. 
 
The Nifty finished the day at 10,582.60, showing a hefty gain of 91.55 points, or 0.87 per cent, after shuttling between 10,592.95 and 10,520.20. 
 
Gains were led by realty, auto, capital goods, banking, infrastructure, metals, power, oil &amp; gas, PSU and consumer durables sectors, which rose up to 3.30 per cent. 
 
Domestic institutional investors (DIIs) net bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed. &nbsp; &nbsp; &nbsp; &nbsp; 
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The market benchmark spurted more than 300 points to close at a three-week high of 34,445.75 today on unabated buying by domestic institutional investors amid positive global leads

Market benchmark Sensex spurted more than 300 points to close at a three-week high of 34,445.75 today on unabated buying by domestic institutional investors amid positive global leads. The wider NSE Nifty too went past the 10,550-level. A firming trend on Asian and European bourses following a good show by Wall Street on Friday bolstered sentiment. The 30-share BSE Sensex opened on a strong footing at 34,225.72 and maintained its upward trend to hit the day's high of 34,483.39 before ending at 34,445.75, up 303.60 points, or 0.89 per cent. This level was last seen on February 5, when the Sensex had closed at 34,757.16. The index had rallied 322.65 points in the previous session on Friday on value-buying by investors in recently-battered blue-chip stocks. The Nifty finished the day at 10,582.60, showing a hefty gain of 91.55 points, or 0.87 per cent, after shuttling between 10,592.95 and 10,520.20. Gains were led by realty, auto, capital goods, banking, infrastructure, metals, power, oil & gas, PSU and consumer durables sectors, which rose up to 3.30 per cent. Domestic institutional investors (DIIs) net bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed.

Sensex soars 304 pts, Nifty reclaims 10,550-mark

The benchmark BSE Sensex rose over 134 points on Monday on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks.

Sentiments bolstered in all Asian markets following positive cues from Wall Street.

Also, continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said.

The BSE Sensex rose 133.78 points, or 0.39 per cent, to 34,275.93. All sectoral indices were trading higher, led by metals, auto, capital goods and banking stocks that gained up to 1.34 per cent.

The gauge had gained 322.65 points in the previous session on Friday.

The broader Nifty 50 index was also trading above the key 10,500-level at 10,529.10, a gain of 38.05 points, or 0.36 per cent.

Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26 per cent.

On a net basis, DIIs bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed.

Among Asian markets, Japan&#39;s Nikkei was trading higher by 0.82 per cent. Hong Kong&#39;s Hang Seng up 0.54 per cent and Shanghai Composite 0.31 per cent higher.

The US Dow Jones Industrial Average ended 1.39 per cent higher on Friday&#39;s trade.&nbsp;

Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26

The benchmark BSE Sensex rose over 134 points on Monday on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks. Sentiments bolstered in all Asian markets following positive cues from Wall Street. Also, continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said. The BSE Sensex rose 133.78 points, or 0.39 per cent, to 34,275.93. All sectoral indices were trading higher, led by metals, auto, capital goods and banking stocks that gained up to 1.34 per cent. The gauge had gained 322.65 points in the previous session on Friday. The broader Nifty 50 index was also trading above the key 10,500-level at 10,529.10, a gain of 38.05 points, or 0.36 per cent. Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26 per cent. On a net basis, DIIs bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed. Among Asian markets, Japan's Nikkei was trading higher by 0.82 per cent. Hong Kong's Hang Seng up 0.54 per cent and Shanghai Composite 0.31 per cent higher. The US Dow Jones Industrial Average ended 1.39 per cent higher on Friday's trade.

Sensex rises 134 points, Nifty tops 10,500 on global cues

Sensex and Nifty closed on a high due to gains in global equities, as investors bought shares of recent underperformers such as pharma and financials.

The BSE&nbsp;Sensex jumped 322.65 points to close at 34,142.15 ending 0.39 per cent higher for the week.&nbsp;

Nifty rose 108.35 pts to 10,491.05 gaining 0.37 per cent.

In addition, the rupee rising to to 64.76 against the US dollar (intra-day) and sustained pumping of funds by DIIs also supported the recovery.

The Sensex hit the session&#39;s high of 34,167.60, but finally, the gauge settled higher by 322.65 points, or 0.95 per cent, at 34,142.15, a level last seen on February 15.

The index had shed 25.36 points in the previous session.

The broader NSE Nifty also stayed in the positive zone and touched a high of 10,499.10 before closing 108.35 points, or 1.04 per cent, higher at 10,491.05.

For the week, the Sensex recorded 131.39 points, or 0.38 per cent; while Nifty gained 38.75 points, or 0.37 per cent.

Sensex jumped 322.65 points to close at 34,142.15

Sensex and Nifty closed on a high due to gains in global equities, as investors bought shares of recent underperformers such as pharma and financials. The BSE Sensex jumped 322.65 points to close at 34,142.15 ending 0.39 per cent higher for the week. Nifty rose 108.35 pts to 10,491.05 gaining 0.37 per cent. In addition, the rupee rising to to 64.76 against the US dollar (intra-day) and sustained pumping of funds by DIIs also supported the recovery. The Sensex hit the session's high of 34,167.60, but finally, the gauge settled higher by 322.65 points, or 0.95 per cent, at 34,142.15, a level last seen on February 15. The index had shed 25.36 points in the previous session. The broader NSE Nifty also stayed in the positive zone and touched a high of 10,499.10 before closing 108.35 points, or 1.04 per cent, higher at 10,491.05. For the week, the Sensex recorded 131.39 points, or 0.38 per cent; while Nifty gained 38.75 points, or 0.37 per cent.

Sensex, Nifty close on a high

The benchmark BSE Sensex rose over 107 points to 33,926.59 in early session today as the March derivatives series kicked off on a strong note amid positive Asian cues.

The 30-share Sensex, which had lost 25.36 points in the previous session, was trading higher by 107.09 points, or 0.31 per cent, at 33,926.59.

All BSE sectoral indices were in the green, led by healthcare, bank, metal and realty stocks, rising by up to 1.33 per cent. 
The NSE Nifty50 recovered 39.85 points, or 0.38 per cent, to 10,422.55.

Brokers said investors were creating fresh positions at the start of March futures and options (F&amp;O) series, that led to a recovery in the market.

Major gainers include Sun Pharma, Tata Steel, Bharti Airtel, Dr Reddy&#39;s, Yes Bank, Tata Motors, SBI, Wipro and NTPC, rising up to 3.09 per cent.

Stocks of Punjab National Bank which had been under selling pressure since the massive fraud detection, however, edged 1.05 per cent higher.

Shares of Gitanjali Gems slumped for yet another session and slumped nearly 5 per cent to Rs 24.80.

A firm trend in Asian markets on positive cues from Wall Street pushed buying activity in bourses here, they added.

Hong Kong&#39;s Hang Seng gained 0.67 per cent, while Japan&#39;s Nikkei rose 0.36 per cent in early trade. China&#39;s Shanghai Composite Index too edged higher by 0.14 per cent.

The Dow Jones Industrial Average jumped 164.7 points, or 0.66 per cent, to close at 24,962.48 yesterday. The S&amp;P500 gained 2.63 points, or 0.10 per cent, to 2,703.96.

The 30-share Sensex, which had lost 25.36 points in the previous session, was trading higher by 107.09 points, or 0.31 per cent, at 33,926.59

The benchmark BSE Sensex rose over 107 points to 33,926.59 in early session today as the March derivatives series kicked off on a strong note amid positive Asian cues. The 30-share Sensex, which had lost 25.36 points in the previous session, was trading higher by 107.09 points, or 0.31 per cent, at 33,926.59. All BSE sectoral indices were in the green, led by healthcare, bank, metal and realty stocks, rising by up to 1.33 per cent. The NSE Nifty50 recovered 39.85 points, or 0.38 per cent, to 10,422.55. Brokers said investors were creating fresh positions at the start of March futures and options (F&O) series, that led to a recovery in the market. Major gainers include Sun Pharma, Tata Steel, Bharti Airtel, Dr Reddy's, Yes Bank, Tata Motors, SBI, Wipro and NTPC, rising up to 3.09 per cent. Stocks of Punjab National Bank which had been under selling pressure since the massive fraud detection, however, edged 1.05 per cent higher. Shares of Gitanjali Gems slumped for yet another session and slumped nearly 5 per cent to Rs 24.80. A firm trend in Asian markets on positive cues from Wall Street pushed buying activity in bourses here, they added. Hong Kong's Hang Seng gained 0.67 per cent, while Japan's Nikkei rose 0.36 per cent in early trade. China's Shanghai Composite Index too edged higher by 0.14 per cent. The Dow Jones Industrial Average jumped 164.7 points, or 0.66 per cent, to close at 24,962.48 yesterday. The S&P500 gained 2.63 points, or 0.10 per cent, to 2,703.96.

Sensex jumps 107 points as March F&O series opens strong

Around 9.17 a.m., the wider Nifty50 of the National Stock Exchange (NSE) rose by 36.85 points or 0.35 per cent to trade at 10,419.55 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which traded at 33,832 points, traded at 33,924.59 points -- up 105.09 or 0.31 per cent from its previous session`s close.

Both the indices closed marginally lower in the last session after Reserve Bank of India&rsquo;s (RBI) meeting minutes showed members of policy committee raised concerns of rising inflation.&nbsp; 
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Key Indian equity indices on Friday opened on a higher note with healthy buying in metals, consumer durables, banking and auto stocks

Around 9.17 a.m., the wider Nifty50 of the National Stock Exchange (NSE) rose by 36.85 points or 0.35 per cent to trade at 10,419.55 points. The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which traded at 33,832 points, traded at 33,924.59 points -- up 105.09 or 0.31 per cent from its previous session`s close. Both the indices closed marginally lower in the last session after Reserve Bank of India’s (RBI) meeting minutes showed members of policy committee raised concerns of rising inflation.

Sensex rises over 100 points, Nifty above 10400

The Benchmark <a href="http://www.wionews.com/india-news/sensex-slips-144-points-ahead-of-fo-expiry-33679">Sensex and the NSE Nifty</a> both ended down today over inflation fears.

Sensex closed 0.07 per cent down at 33,819.50 and the Nifty ended 0.14 per cent lower at 10,382.70.

The stocks witnessed a volatile session on Thursday ahead of the expiry of futures and options contract.

&nbsp;Bharat Petroleum Corp Ltd was the top percentage loser.

&nbsp;Shares of Gitanjali Gems continued to face selling pressure for the seventh straight session today, falling 58.5 per cent in the past one week.

The stock tanked 4.92 per cent to Rs 26.10 - its lowest trading permissible limit for the day - on BSE today.

On NSE, shares of the company lost 4.92 per cent to hit a low of Rs 26.05.

(With inputs from PTI)

The Gitanjali stock tanked 4.92 per cent to Rs 26.10 - its lowest trading permissible limit for the day - on BSE today.

The Benchmark Sensex and the NSE Nifty both ended down today over inflation fears. Sensex closed 0.07 per cent down at 33,819.50 and the Nifty ended 0.14 per cent lower at 10,382.70. The stocks witnessed a volatile session on Thursday ahead of the expiry of futures and options contract. Bharat Petroleum Corp Ltd was the top percentage loser. Shares of Gitanjali Gems continued to face selling pressure for the seventh straight session today, falling 58.5 per cent in the past one week. The stock tanked 4.92 per cent to Rs 26.10 - its lowest trading permissible limit for the day - on BSE today. On NSE, shares of the company lost 4.92 per cent to hit a low of Rs 26.05. (With inputs from PTI)

Sensex, Nifty close down; Gitanjali Gems stocks continue to slide

The benchmark BSE Sensex fell over 144 points in early trade as investors turned cautious ahead of February derivatives expiry amid sustained foreign fund outflows and mixed Asian cues.

The 30-share index, which had gained 141.27 points in the previous session, slipped 144.23 points, or 0.42 per cent, to 33,700.63.

Sectoral indices, led by oil &amp; gas, metal, auto, PSU and banks, slipped into the negative terrain to fall up to 0.99 per cent.

The NSE Nifty50 too fell by 56.80 points, or 0.54 per cent, to 10,340.65.

Squaring-up of positions by participants on the last trading session of February F&amp;O series contracts today and a weak trend in other Asian markets, after the US Federal Reserve minutes indicated a hike in interest rates, influenced sentiment here.

Major losers were ONGC, Asian Paints, Dr Reddy&#39;s, Tata Motors, Axis Bank, Maruti Suzuki, Hindustan Unilever, ITC, Coal India and M&amp;M falling by up to 1.82 per cent.

Meanwhile, Hong Kong&#39;s Hang Seng shed 1.09 per cent while Japan&#39;s Nikkei lost 1.18 per cent in early deals.

The US Dow Jones Industrial Average ended 0.67 per cent lower yesterday.

The 30-share index, which had gained 141.27 points in the previous session, slipped 144.23 points, or 0.42 per cent, to 33,700.63

The benchmark BSE Sensex fell over 144 points in early trade as investors turned cautious ahead of February derivatives expiry amid sustained foreign fund outflows and mixed Asian cues. The 30-share index, which had gained 141.27 points in the previous session, slipped 144.23 points, or 0.42 per cent, to 33,700.63. Sectoral indices, led by oil & gas, metal, auto, PSU and banks, slipped into the negative terrain to fall up to 0.99 per cent. The NSE Nifty50 too fell by 56.80 points, or 0.54 per cent, to 10,340.65. Squaring-up of positions by participants on the last trading session of February F&O series contracts today and a weak trend in other Asian markets, after the US Federal Reserve minutes indicated a hike in interest rates, influenced sentiment here. Major losers were ONGC, Asian Paints, Dr Reddy's, Tata Motors, Axis Bank, Maruti Suzuki, Hindustan Unilever, ITC, Coal India and M&M falling by up to 1.82 per cent. Meanwhile, Hong Kong's Hang Seng shed 1.09 per cent while Japan's Nikkei lost 1.18 per cent in early deals. The US Dow Jones Industrial Average ended 0.67 per cent lower yesterday.

Sensex slips 144 points ahead of F&O expiry

Indian shares ended higher on Wednesday, snapping three sessions of losses, as IT stocks such as HCL Technologies Ltd and ITC Ltd gained.

The benchmark Sensex closed up 0.42 percent at 33,844.86, while the broader Nifty ended 0.36 percent higher at 10,397.45.

HCL Technologies ended 3.9 percent higher and was the top percentage gainer on the Nifty.

The benchmark Sensex closed up 0.42 percent at 33,844.86

Indian shares ended higher on Wednesday, snapping three sessions of losses, as IT stocks such as HCL Technologies Ltd and ITC Ltd gained. The benchmark Sensex closed up 0.42 percent at 33,844.86, while the broader Nifty ended 0.36 percent higher at 10,397.45. HCL Technologies ended 3.9 percent higher and was the top percentage gainer on the Nifty.

Sensex, Nifty end higher after three losing sessions

Indian shares edged up on Wednesday after three straight sessions of falls, with IT stocks extending gains after an industry lobby group on Tuesday issued a cautiously optimistic outlook for the sector.

Revenue from software services exports will rise 7 percent-9 percent in constant currency terms in the fiscal year to March 2019, the National Association of Software and Services Companies forecast, as the industry continues to recover from what has been a tough year.

The Nifty IT index added 2 percent with Tech Mahindra climbing about 4 percent and HCL Technologies rising 3 percent.&nbsp;

&quot;IT stocks and ITC have given stability to markets at this level... Markets could remain range-bound today,&quot; said Madhumita Ghosh, head corporate solutions, Tasmac Global Education.

The Nifty was up 0.24 percent at 10,385.20 as of 0622 GMT, while the benchmark Sensex was 0.35 percent higher at 33,822.50. The India Volatility Index fell as much as 5.8 percent.

Among other top gainers, ITC rose as much as 1.4 percent after three straight sessions of declines.&nbsp;

Meanwhile, selloff continued in state-run lenders after a fraud at Punjab National Bank (PNB) shook the industry last week. The Nifty PSU bank index dropped nearly 1 percent and has declined 10 percent since last Wednesday.&nbsp;

The fall in public sector banks is expected to continue, said Ghosh.&nbsp;

PNB shares were trading half a percent lower after snapping a four-session losing streak in the previous session. They have shed nearly 28 percent in the past week after the lender unearthed fraudulent transactions worth $1.77 billion at a branch.&nbsp;

Pharma stocks also fell with the Nifty Pharma index down nearly 3 percent. Sun Pharmaceutical Industries dropped as much as 8.6 percent.

The Nifty was up 0.24 percent at 10,385.20

Indian shares edged up on Wednesday after three straight sessions of falls, with IT stocks extending gains after an industry lobby group on Tuesday issued a cautiously optimistic outlook for the sector. Revenue from software services exports will rise 7 percent-9 percent in constant currency terms in the fiscal year to March 2019, the National Association of Software and Services Companies forecast, as the industry continues to recover from what has been a tough year. The Nifty IT index added 2 percent with Tech Mahindra climbing about 4 percent and HCL Technologies rising 3 percent. "IT stocks and ITC have given stability to markets at this level... Markets could remain range-bound today," said Madhumita Ghosh, head corporate solutions, Tasmac Global Education. The Nifty was up 0.24 percent at 10,385.20 as of 0622 GMT, while the benchmark Sensex was 0.35 percent higher at 33,822.50. The India Volatility Index fell as much as 5.8 percent. Among other top gainers, ITC rose as much as 1.4 percent after three straight sessions of declines. Meanwhile, selloff continued in state-run lenders after a fraud at Punjab National Bank (PNB) shook the industry last week. The Nifty PSU bank index dropped nearly 1 percent and has declined 10 percent since last Wednesday. The fall in public sector banks is expected to continue, said Ghosh. PNB shares were trading half a percent lower after snapping a four-session losing streak in the previous session. They have shed nearly 28 percent in the past week after the lender unearthed fraudulent transactions worth $1.77 billion at a branch. Pharma stocks also fell with the Nifty Pharma index down nearly 3 percent. Sun Pharmaceutical Industries dropped as much as 8.6 percent.

Nifty, Sensex rise after three sessions of falls; IT stocks lead

The benchmark BSE Sensex opened 208 points higher today, snapping its three-day falling streak, as investors and domestic institutions widened their bets amid firm Asian cues.

Short-covering by speculators ahead of February F&amp;O expiry tomorrow added to the upward move.

NSE Nifty also reclaimed the 10,400-mark rising 65.70 points, or 0.63 per cent, to 10,426.10.

The BSE 30-share barometer gained 207.77 points, or 0.61 per cent, to 33,911.36. The gauge had lost 593.88 points in the previous three sessions.

Sectoral indices led by IT, tech, consumer durables and realty stocks were in the green, rising up to 0.91 per cent. 
 
Major gainers were Dr Reddy&#39;s, TCS, Infosys, HDFC, Bharti Airtel, ITC, Wipro and RIL, gaining up to 1.61 per cent.

Meanwhile, Coal India dropped 1.4 per cent in early trade on government decision to open the coal sector to private players.

Gitanjali Gems remained weak and cracked another 9.85 per cent, while Punjab National Bank traded higher by 1.24 per cent in early deals.

Brokers said fresh buying in select blue chip stocks, coupled with covering-up of outstanding short positions ahead of the February F&amp;O expiry tomorrow, had a positive impact on the market.

Sustained buying by domestic institutional investors (DIIs) and a firm trend in other Asian bourses with investors awaiting the release of minutes from the US Federal Reserve&#39;s policy meeting later today too influenced sentiments, they said.

On a net basis, DIIs bought shares worth Rs 1,437.24 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 850.35 crore yesterday, as per provisional data released by stock exchanges.

In the Asian region, Hong Kong&#39;s Hang Seng was up 1.15 per cent and Japan&#39;s Nikkei up 0.64 per cent in early trade, while Shanghai Composite index remained shut today.

The US Dow Jones Industrial Average ended lower by 1.01 per cent in yesterday&#39;s trade.&nbsp;

 
&nbsp;

Sectoral indices led by IT, tech, consumer durables and realty stocks were in the green, rising up to 0.91

The benchmark BSE Sensex opened 208 points higher today, snapping its three-day falling streak, as investors and domestic institutions widened their bets amid firm Asian cues. Short-covering by speculators ahead of February F&O expiry tomorrow added to the upward move. NSE Nifty also reclaimed the 10,400-mark rising 65.70 points, or 0.63 per cent, to 10,426.10. The BSE 30-share barometer gained 207.77 points, or 0.61 per cent, to 33,911.36. The gauge had lost 593.88 points in the previous three sessions. Sectoral indices led by IT, tech, consumer durables and realty stocks were in the green, rising up to 0.91 per cent. Major gainers were Dr Reddy's, TCS, Infosys, HDFC, Bharti Airtel, ITC, Wipro and RIL, gaining up to 1.61 per cent. Meanwhile, Coal India dropped 1.4 per cent in early trade on government decision to open the coal sector to private players. Gitanjali Gems remained weak and cracked another 9.85 per cent, while Punjab National Bank traded higher by 1.24 per cent in early deals. Brokers said fresh buying in select blue chip stocks, coupled with covering-up of outstanding short positions ahead of the February F&O expiry tomorrow, had a positive impact on the market. Sustained buying by domestic institutional investors (DIIs) and a firm trend in other Asian bourses with investors awaiting the release of minutes from the US Federal Reserve's policy meeting later today too influenced sentiments, they said. On a net basis, DIIs bought shares worth Rs 1,437.24 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 850.35 crore yesterday, as per provisional data released by stock exchanges. In the Asian region, Hong Kong's Hang Seng was up 1.15 per cent and Japan's Nikkei up 0.64 per cent in early trade, while Shanghai Composite index remained shut today. The US Dow Jones Industrial Average ended lower by 1.01 per cent in yesterday's trade.

Sensex rises 208 pts; Nifty tops 10,400-mark ahead of F&O expiry

Stocks staged a comeback in early trade with the BSE Sensex gaining over 157 points and the Nifty recapturing the 10,400-level on buying by investors in metal, capital goods, teck and IT stocks amid a mixed trend at other Asian Markets.

The 30-share Sensex recovered by 157.24 points, or 0.46 per cent, to 33,931.90 in opening trade. The index had lost 522.81 points in the previous two sessions.

Sectoral indices led by metal, capital goods, Teck and IT were trading in the green with gains of up to 0.75 per cent.

The broad-based NSE Nifty went up by 23.95 points or 0.23 per cent to 10,402.35.

Tata Steel rose up to 1.5 per cent in early trade after reports suggest the steel maker was leading bidder for debt-ridden Bhushan Steel.

IT stocks TCS, and Infosys also advanced up to 1.7 per cent on a weaker rupee.

Banking stocks ICICI Bank, Axis Bank and Yes Bank gained on value buying after recent losses.

Bharti Airtel, HDFC Ltd, L&amp;T, M&amp;M and ONGC also rose up to 1.4 per cent.

However, Punjab National Bank, embroiled in the Rs 11,300 crore scam, remained weak and shed another 3.31 per cent while Gitanjai Gems lost 9.91 per cent.

Brokers said buying by domestic institutional funds and investors amid a mixed trend at other Asian bourses improved the market sentiment.

Domestic institutional investors (DIIs) bought shares worth a net Rs 586.52 crore yesterday, as per provisional data.

Overseas, Asian stocks were trading mixed as Treasury yields climbed back toward recent four-year highs. Chinese markets will reopen on Thursday, 22 February. US markets remained closed yesterday, in observance of Presidents Day.

In the Asian region, Hong Kong&#39;s Hang Seng was up 0.66 per cent, while Japan&#39;s Nikkei was down 1.20 per cent in early trade today. Shanghai Composite remained closed for a public holiday.

The sensex had lost 522.81 points in the previous two sessions

Stocks staged a comeback in early trade with the BSE Sensex gaining over 157 points and the Nifty recapturing the 10,400-level on buying by investors in metal, capital goods, teck and IT stocks amid a mixed trend at other Asian Markets. The 30-share Sensex recovered by 157.24 points, or 0.46 per cent, to 33,931.90 in opening trade. The index had lost 522.81 points in the previous two sessions. Sectoral indices led by metal, capital goods, Teck and IT were trading in the green with gains of up to 0.75 per cent. The broad-based NSE Nifty went up by 23.95 points or 0.23 per cent to 10,402.35. Tata Steel rose up to 1.5 per cent in early trade after reports suggest the steel maker was leading bidder for debt-ridden Bhushan Steel. IT stocks TCS, and Infosys also advanced up to 1.7 per cent on a weaker rupee. Banking stocks ICICI Bank, Axis Bank and Yes Bank gained on value buying after recent losses. Bharti Airtel, HDFC Ltd, L&T, M&M and ONGC also rose up to 1.4 per cent. However, Punjab National Bank, embroiled in the Rs 11,300 crore scam, remained weak and shed another 3.31 per cent while Gitanjai Gems lost 9.91 per cent. Brokers said buying by domestic institutional funds and investors amid a mixed trend at other Asian bourses improved the market sentiment. Domestic institutional investors (DIIs) bought shares worth a net Rs 586.52 crore yesterday, as per provisional data. Overseas, Asian stocks were trading mixed as Treasury yields climbed back toward recent four-year highs. Chinese markets will reopen on Thursday, 22 February. US markets remained closed yesterday, in observance of Presidents Day. In the Asian region, Hong Kong's Hang Seng was up 0.66 per cent, while Japan's Nikkei was down 1.20 per cent in early trade today. Shanghai Composite remained closed for a public holiday.

Sensex recovers 157 points, Nifty above 10,400-mark

The BSE Sensex on Monday cracked below the 34,000-mark by plunging over 236 points to end at a nearly two-month low of 33,774.66 on sustained selling in PSU, metal and banking counters amid the <a href="http://www.wionews.com/india-news/pnb-scam-same-person-sent-requests-for-bank-guarantees-approved-them-33322">massive PNB fraud</a> weighing on investors&#39; sentiment.

Moreover, renewed concerns that a rebound in global crude oil prices will have an adverse impact on fiscal deficit too kept participants cautious.

Shares of Punjab National Bank (PNB) fell about eight per cent, extending the decline for a fourth straight session, following the Rs 11,400-crore fraud at its Brady Road branch, Mumbai. The stock has fallen nearly 31 per cent in four straight sessions since the bank detected the fraud.

Last Wednesday, the state-run lender said it had detected a fraud in which diamond jewellery designer Nirav Modi allegedly acquired fraudulent letters of undertaking (LoUs) from one of its branches for overseas credit from other Indian lenders, and the matter is being probed by the CBI and the Enforcement Directorate, among other agencies.

The 30-share Sensex barometer, which had lost 286.71 points in the previous session on Friday, plunged by 236.10 points, or 0.69 per cent, to end at 33,774.66 after touching a low of 33,554.37 intra-day. This is the weakest closing since December 21 last year when it had closed at 33,756.20.

Also, the broader Nifty too declined by 73.90 points, or 0.71 per cent, to end at 10,378.40. It stayed in the negative terrain through the session and a hit a low of 10,302.75.

Meanwhile, foreign portfolio investors (FPIs) continued selling on domestic bourses. On net basis, they sold shares worth Rs 1,065.99 crore, while domestic institutional investors (DIIs) made purchases to the tune of Rs 1,127.78 crore on Friday, provisional data showed.

Globally, in the Asian region, Japan&#39;s Nikkei rose 1.33 per cent, while markets in Hong Kong and China remained shut today on account of a public holiday. European markets were higher in their early deals.

Punjab National Bank fell for the fourth straight day and closed 8.3 per cent lower

The BSE Sensex on Monday cracked below the 34,000-mark by plunging over 236 points to end at a nearly two-month low of 33,774.66 on sustained selling in PSU, metal and banking counters amid the massive PNB fraud weighing on investors' sentiment. Moreover, renewed concerns that a rebound in global crude oil prices will have an adverse impact on fiscal deficit too kept participants cautious. Shares of Punjab National Bank (PNB) fell about eight per cent, extending the decline for a fourth straight session, following the Rs 11,400-crore fraud at its Brady Road branch, Mumbai. The stock has fallen nearly 31 per cent in four straight sessions since the bank detected the fraud. Last Wednesday, the state-run lender said it had detected a fraud in which diamond jewellery designer Nirav Modi allegedly acquired fraudulent letters of undertaking (LoUs) from one of its branches for overseas credit from other Indian lenders, and the matter is being probed by the CBI and the Enforcement Directorate, among other agencies. The 30-share Sensex barometer, which had lost 286.71 points in the previous session on Friday, plunged by 236.10 points, or 0.69 per cent, to end at 33,774.66 after touching a low of 33,554.37 intra-day. This is the weakest closing since December 21 last year when it had closed at 33,756.20. Also, the broader Nifty too declined by 73.90 points, or 0.71 per cent, to end at 10,378.40. It stayed in the negative terrain through the session and a hit a low of 10,302.75. Meanwhile, foreign portfolio investors (FPIs) continued selling on domestic bourses. On net basis, they sold shares worth Rs 1,065.99 crore, while domestic institutional investors (DIIs) made purchases to the tune of Rs 1,127.78 crore on Friday, provisional data showed. Globally, in the Asian region, Japan's Nikkei rose 1.33 per cent, while markets in Hong Kong and China remained shut today on account of a public holiday. European markets were higher in their early deals.

Sensex ends day 236 points down, weakest closing since December 21

The benchmark BSE Sensex slipped below the 34,000-mark, falling close to 700 points in trade today, extending Friday&#39;s losses as investors cut bets amid weak domestic sentiment and absence of Asian cues.

The drop was led by falls in Tata Steel, SBI, Reliance Industries and L&amp;T. The gauge had lost 286.71 points on Friday.

The Nifty50 index also fell 223 points. Brokers said investors trimmed positions on distinctly weak sentiment since the detection of a massive Rs 11,400-crore fraud at state-run Punjab National Bank (PNB). PNB shares fell 2.1 percent after declining 21 percent over the previous two sessions.

Other laggards were Tata Steel, SBI, L&amp;T, IndusInd Bank, Adani Ports, M&amp;M, Hindustan Unilever, Bharti Airtel, Asian Paint, Bajaj Auto, Yes Bank, ONGC, Coal India and Reliance Industries, falling up to 3.22 per cent.

Meanwhile, foreign portfolio investors (FPIs) continued selling on domestic bourses. On net basis, they sold shares worth Rs 1,065.99 crore, while domestic institutional investors (DIIs) made purchases to the tune of Rs 1,127.78 crore on Friday, provisional data showed.

Globally, in the Asian region, Japan&#39;s Nikkei rose 1.33 per cent, while markets in Hong Kong and China remained shut today on account of a public holiday.

The US Dow Jones Industrial Average ended 0.08 per cent higher on Friday.&nbsp;

The 30-share barometer had opened at 34,411.24; it fell 677 points

The benchmark BSE Sensex slipped below the 34,000-mark, falling close to 700 points in trade today, extending Friday's losses as investors cut bets amid weak domestic sentiment and absence of Asian cues. The drop was led by falls in Tata Steel, SBI, Reliance Industries and L&T. The gauge had lost 286.71 points on Friday. The Nifty50 index also fell 223 points. Brokers said investors trimmed positions on distinctly weak sentiment since the detection of a massive Rs 11,400-crore fraud at state-run Punjab National Bank (PNB). PNB shares fell 2.1 percent after declining 21 percent over the previous two sessions. Other laggards were Tata Steel, SBI, L&T, IndusInd Bank, Adani Ports, M&M, Hindustan Unilever, Bharti Airtel, Asian Paint, Bajaj Auto, Yes Bank, ONGC, Coal India and Reliance Industries, falling up to 3.22 per cent. Meanwhile, foreign portfolio investors (FPIs) continued selling on domestic bourses. On net basis, they sold shares worth Rs 1,065.99 crore, while domestic institutional investors (DIIs) made purchases to the tune of Rs 1,127.78 crore on Friday, provisional data showed. Globally, in the Asian region, Japan's Nikkei rose 1.33 per cent, while markets in Hong Kong and China remained shut today on account of a public holiday. The US Dow Jones Industrial Average ended 0.08 per cent higher on Friday.

Dragged down by bank stocks, Sensex falls close to 700 points

The Sensex and Nifty fell on Friday as gains in IT stocks were offset by losses in financials, with <a href="http://www.wionews.com/india-news/pnb-stocks-continue-to-slide-for-third-consecutive-day-33043">Punjab National Bank plummeting further</a> in a selloff triggered by a $1.77 billion fraud reported by the state-run lender earlier this week.

Shares of Punjab National Bank declined for a third straight session and were down as much as 5.7 percent at their lowest in over a year on concerns over the potential liability from the scam.

Global index provider MSCI had earlier in the day asked the country&#39;s main stock exchanges to reconsider their anti-competitive measures which restrict the accessibility of the Indian equity market to foreign exchanges.&nbsp;

The Nifty PSU bank index fell as much as 2.4 per cent, with Bank of India shedding 3 per cent and Union Bank of India and Bank of Baroda dropping over 2 per cent each.

&quot;Movement is erratic in many shares ... impact on PNB stock may be done, but if other banks have exposure to the same group, then it could become an issue,&quot; said Jayant Manglik, President-Retail Distribution, Religare Broking.

The broader NSE index was down 0.31 per cent at 10,512.45 and the benchmark BSE index was 0.32 per cent lower at 34,186.50 as of 0611 GMT.&nbsp;

Both the indexes are poised to end the week higher after two weeks of losses.

Auto stocks fell, with Maruti Suzuki and Eicher Motors figuring among the top percentage losers on the NSE index. 
The Nifty IT index traded 0.8 per cent higher.

Market heavyweights Infosys Ltd and Tata Consultancy Services rose as much as 2.5 per cent.&nbsp; 
&nbsp;

The Sensex and Nifty fell on Friday as gains in IT stocks were offset by losses in financials, with Punjab National Bank plummeting further in a selloff triggered by a $1.77 billion fraud

The Sensex and Nifty fell on Friday as gains in IT stocks were offset by losses in financials, with Punjab National Bank plummeting further in a selloff triggered by a $1.77 billion fraud reported by the state-run lender earlier this week. Shares of Punjab National Bank declined for a third straight session and were down as much as 5.7 percent at their lowest in over a year on concerns over the potential liability from the scam. Global index provider MSCI had earlier in the day asked the country's main stock exchanges to reconsider their anti-competitive measures which restrict the accessibility of the Indian equity market to foreign exchanges. The Nifty PSU bank index fell as much as 2.4 per cent, with Bank of India shedding 3 per cent and Union Bank of India and Bank of Baroda dropping over 2 per cent each. "Movement is erratic in many shares ... impact on PNB stock may be done, but if other banks have exposure to the same group, then it could become an issue," said Jayant Manglik, President-Retail Distribution, Religare Broking. The broader NSE index was down 0.31 per cent at 10,512.45 and the benchmark BSE index was 0.32 per cent lower at 34,186.50 as of 0611 GMT. Both the indexes are poised to end the week higher after two weeks of losses. Auto stocks fell, with Maruti Suzuki and Eicher Motors figuring among the top percentage losers on the NSE index. The Nifty IT index traded 0.8 per cent higher. Market heavyweights Infosys Ltd and Tata Consultancy Services rose as much as 2.5 per cent.

Sensex, Nifty fall; PNB slumps for third session

The Sensex and Nifty rose on Thursday tracking global markets, but Punjab National Bank fell for a second consecutive session after saying it unearthed $1.77 billion in fraudulent transactions, dragging down other state-run lenders.

The benchmark BSE Sensex closed up 0.41 percent at 34,297.47.&nbsp;

The broader NSE Nifty ended 0.42 percent higher at 10,545.50, its highest close in a week.

Punjab National Bank shares ended 12.9 percent lower, hitting their lowest close since Oct. 23, after falling as much as 14.2 percent on Wednesday.

The Nifty PSU bank index lost 1.1 percent.

Punjab National Bank shares ended 12.9 percent lower, hitting their lowest close since Oct. 23, after falling as much as 14.2 percent on Wednesday

The Sensex and Nifty rose on Thursday tracking global markets, but Punjab National Bank fell for a second consecutive session after saying it unearthed $1.77 billion in fraudulent transactions, dragging down other state-run lenders. The benchmark BSE Sensex closed up 0.41 percent at 34,297.47. The broader NSE Nifty ended 0.42 percent higher at 10,545.50, its highest close in a week. Punjab National Bank shares ended 12.9 percent lower, hitting their lowest close since Oct. 23, after falling as much as 14.2 percent on Wednesday. The Nifty PSU bank index lost 1.1 percent.

Sensex, Nifty end higher; PNB slumps for second day

India&#39;s annual wholesale price inflation eased in January for the second straight month after touching an eight-month high in November, helped by a softer rise in food and fuel prices, government data showed on Thursday.

Annual wholesale price inflation last month slowed to 2.84 percent from a year earlier, from a provisional 3.58 percent rise in December.

Wholesale food prices in January rose 1.65 percent year-on-year, compared with a 2.91 percent rise a month earlier, the data showed.

Wholesale food prices in January rose 1.65 percent year-on-year, compared with a 2.91 percent rise a month earlier, the data showed.

India's annual wholesale price inflation eased in January for the second straight month after touching an eight-month high in November, helped by a softer rise in food and fuel prices, government data showed on Thursday. Annual wholesale price inflation last month slowed to 2.84 percent from a year earlier, from a provisional 3.58 percent rise in December. Wholesale food prices in January rose 1.65 percent year-on-year, compared with a 2.91 percent rise a month earlier, the data showed.

Inflation falls in January on softer food, fuel prices

The BSE benchmark <a href="http://www.wionews.com/business-economy/rupee-at-2-week-high-in-opening-trade-32928">Sensex surged over 167 points</a>, staging a strong recovery in early trade today on firm cues from global markets.

A stronger rupee against the dollar also influenced market sentiment.

The 30-share index was trading higher by 167.12 points, or 0.48 per cent, at 34,323.07. The gauge had lost 144.52 points in the previous session.&nbsp;The NSE Nifty gained 47.45 points, or 0.45 per cent, to 10.548.35.

Widespread buying was seen in metal, healthcare and realty counters. Major gainers were Adani ports, HDFC, ICICI Bank, SBI, Dr Reddy&#39;s, Tata Motors, Yes Bank, Reliance Industries and Maruti Suzuki, rising up to 2.17 per cent.

Punjab National Bank dropped sharply by 8.47 per cent following the Rs 11,400 crore scam at one of its Mumbai branches.

Gitanjali Gems plunged nearly 19 per cent on reports over its involvement in the PNB fraud case.

Brokers said a firm trend at other Asian markets boosted investor sentiment, following overnight gains on Wall Street as investors shrugged off stronger-than-expected inflation data.

Meanwhile, Hong Kong&#39;s Hang Seng was up 1.69 per cent and Shanghai Composite Index by rose 0.45 per cent in early trade. Japan&#39;s Nikkei also gained 1.33 per cent. The US Dow Jones Industrial Average ended 1.03 per cent higher yesterday.

The 30-share index was trading higher by 167.12 points, or 0.48 per cent, at 34,323.07

The BSE benchmark Sensex surged over 167 points, staging a strong recovery in early trade today on firm cues from global markets. A stronger rupee against the dollar also influenced market sentiment. The 30-share index was trading higher by 167.12 points, or 0.48 per cent, at 34,323.07. The gauge had lost 144.52 points in the previous session. The NSE Nifty gained 47.45 points, or 0.45 per cent, to 10.548.35. Widespread buying was seen in metal, healthcare and realty counters. Major gainers were Adani ports, HDFC, ICICI Bank, SBI, Dr Reddy's, Tata Motors, Yes Bank, Reliance Industries and Maruti Suzuki, rising up to 2.17 per cent. Punjab National Bank dropped sharply by 8.47 per cent following the Rs 11,400 crore scam at one of its Mumbai branches. Gitanjali Gems plunged nearly 19 per cent on reports over its involvement in the PNB fraud case. Brokers said a firm trend at other Asian markets boosted investor sentiment, following overnight gains on Wall Street as investors shrugged off stronger-than-expected inflation data. Meanwhile, Hong Kong's Hang Seng was up 1.69 per cent and Shanghai Composite Index by rose 0.45 per cent in early trade. Japan's Nikkei also gained 1.33 per cent. The US Dow Jones Industrial Average ended 1.03 per cent higher yesterday.

Sensex rises 167 points in early trade

The rupee gained another 14 paise to trade at a two-week high of 63.95 against the US dollar in opening trade today on dollar selling by exporters and banks amid firm equities.

The dollar&#39;s weakness against other currencies overseas also supported the rupee sentiment, a currency dealer said.

The rupee moved between 63.98 per dollar and 63.93 per dollar at the interbank forex market in early trade.

The dollar fell further against the yen to hit a 15-month low in Asian trade while the euro gained after a firm German growth.

Yesterday, the rupee had gained 23 paise to close at 64.09 a dollar on sustained selling of the American currency by exporters and banks.

Meanwhile, the benchmark BSE Sensex rose by 167.12 points, or 0.48 per cent, to trade at 34,323.07 in morning trade.

The dollar fell further against the yen to hit a 15-month low in Asian trade while the euro gained after a firm German growth.

The rupee gained another 14 paise to trade at a two-week high of 63.95 against the US dollar in opening trade today on dollar selling by exporters and banks amid firm equities. The dollar's weakness against other currencies overseas also supported the rupee sentiment, a currency dealer said. The rupee moved between 63.98 per dollar and 63.93 per dollar at the interbank forex market in early trade. The dollar fell further against the yen to hit a 15-month low in Asian trade while the euro gained after a firm German growth. Yesterday, the rupee had gained 23 paise to close at 64.09 a dollar on sustained selling of the American currency by exporters and banks. Meanwhile, the benchmark BSE Sensex rose by 167.12 points, or 0.48 per cent, to trade at 34,323.07 in morning trade.

Rupee at 2-week high in opening trade

The benchmark BSE Sensex gained 173 points to 34,473.43 in early trade today, rising for the second straight session on back of positive macroeconomic data and sustained buying by domestic institutional investors (DIIs) amid appreciating rupee.

 
Besides, a mixed trend in other Asian markets following positive lead from Wall Street buoyed sentiment here.

 
The 30-share barometer rose 172.96 points, or 0.50 per cent, to 34,473.43 in opening session. All sectoral indices were trading in the green, with realty, metal, capital goods and oil &amp; gas rising up to 1.65 per cent.&nbsp;The NSE index Nifty climbed 41.50 points, or 0.39 per cent, to 10,581.25.

 
Brokers said buying picked up on positive economic data. Industrial output grew by 7.1 per cent in December and retail inflation eased in January to 5.07 per cent.

 
DIIs bought shares worth Rs 1,342.70 crore on net basis, while foreign portfolio investors (FPIs) sold shares worth Rs 814.11 crore on net basis on Monday, provisional data showed.

 
Major gainers were Bharti Airtel, HDFC, Adani Ports, Wipro, RIL, Dr Reddy&#39;s, L&amp;T, HDFC Bank, Infosys, Tata Steel, M&amp;M, Yes Bank and Coal India, gaining up to 1.92 per cent.

 
Among other Asian markets, Hong Kong&#39;s Hang Seng was up 0.73 per cent and Singapore edged up 0.05 per cent, while Japan&#39;s Nikkei fell 0.64 per cent and China&#39;s Shanghai Composite index slipped 0.32 per cent.

 
The US Dow Jones Industrial Average, however, closed 0.16 per cent higher in yesterday&#39;s trade.

The 30-share barometer rose 172.96 points, or 0.50 per cent, to 34,473.43 in opening session

The benchmark BSE Sensex gained 173 points to 34,473.43 in early trade today, rising for the second straight session on back of positive macroeconomic data and sustained buying by domestic institutional investors (DIIs) amid appreciating rupee. Besides, a mixed trend in other Asian markets following positive lead from Wall Street buoyed sentiment here. The 30-share barometer rose 172.96 points, or 0.50 per cent, to 34,473.43 in opening session. All sectoral indices were trading in the green, with realty, metal, capital goods and oil & gas rising up to 1.65 per cent. The NSE index Nifty climbed 41.50 points, or 0.39 per cent, to 10,581.25. Brokers said buying picked up on positive economic data. Industrial output grew by 7.1 per cent in December and retail inflation eased in January to 5.07 per cent. DIIs bought shares worth Rs 1,342.70 crore on net basis, while foreign portfolio investors (FPIs) sold shares worth Rs 814.11 crore on net basis on Monday, provisional data showed. Major gainers were Bharti Airtel, HDFC, Adani Ports, Wipro, RIL, Dr Reddy's, L&T, HDFC Bank, Infosys, Tata Steel, M&M, Yes Bank and Coal India, gaining up to 1.92 per cent. Among other Asian markets, Hong Kong's Hang Seng was up 0.73 per cent and Singapore edged up 0.05 per cent, while Japan's Nikkei fell 0.64 per cent and China's Shanghai Composite index slipped 0.32 per cent. The US Dow Jones Industrial Average, however, closed 0.16 per cent higher in yesterday's trade.

Sensex extends rally, rises 173 points in opening trade

The benchmark Sensex drew back from its initial record highs to turn range bound in late morning deals, up by 112.27 points or 0.32 per cent on buying in energy, capital goods, realty IT and auto sectors.

Caution crept in ahead of the quarterly result to be released later which include key names like Axis Bank and Asian Paints.

Profit-booking was witnessed in telecom, metal, utilities and power segments which restricted the index gains.

However, sustained foreign funds inflows, better than expected quarterly result in index heavyweight Reliance Industries sustaining the stock momentum.

The benchmark BSE Sensex trading higher 112.27 points or 0.32 per cent to trade at 35,623.85 at 1140 hrs. Earlier it marked fresh all-time peak at 35,700.72.

The broader Nifty trading above the key 10,900 level at 10,905.40, up by 10.70 points or 0.10 per cent. It marked all time fresh peak at 10,929.85 earlier in the session.

Major gainers were ONGC 4.03 per cent, Reliance 2.44 per cent, TCS 1.58 per cent, Yes Bank 1.41 per cent and HDFC Bank 1.29 per cent.

Losers include Asian Paint 2.29 per cent, Bharti Airtel 1.66 per cent and ICICI 1.40 per cent.

Foreign portfolio investors (FPIs) bought shares worth Rs 988.25 crore on net basis while domestic institutional investors (DIIs) also bought equities to the tune of Rs 209.86 crore last Friday, provisional data showed.

Most Asian markets were trading higher as investors kept an eye on political developments in the US after a government shutdown began last week.

US stocks finished higher on last Friday, with both the S&amp;P 500 and the Nasdaq ending at records as optimism over corporate earnings outweighed the US government shutdown. 
-- Rupee trades down 4 paise vs US dollar --

The rupee was trading lower by 4 paise at 63.88 against the US dollar on some dollar demand by importers and banks amid recovering greenback overseas.

The rupee opened lower at 63.88 per dollar as against last Friday&#39;s closing level of 63.84 at the inter-bank foreign exchange here.

Later it fell further to 64.00 on persistent dollar demand in morning trade, it was quoting at 63.88 per dollar at 1145 hrs.

The US dollar regained some footing against a basket of currencies in early Asian trade, after slipping earlier on a US government shutdown.&nbsp;

The benchmark Sensex drew back from its initial record highs to turn range bound in late morning deals, up by 112.27 points or 0.32 per cent on buying in energy, capital goods, realty IT and auto sectors. Caution crept in ahead of the quarterly result to be released later which include key names like Axis Bank and Asian Paints. Profit-booking was witnessed in telecom, metal, utilities and power segments which restricted the index gains. However, sustained foreign funds inflows, better than expected quarterly result in index heavyweight Reliance Industries sustaining the stock momentum. The benchmark BSE Sensex trading higher 112.27 points or 0.32 per cent to trade at 35,623.85 at 1140 hrs. Earlier it marked fresh all-time peak at 35,700.72. The broader Nifty trading above the key 10,900 level at 10,905.40, up by 10.70 points or 0.10 per cent. It marked all time fresh peak at 10,929.85 earlier in the session. Major gainers were ONGC 4.03 per cent, Reliance 2.44 per cent, TCS 1.58 per cent, Yes Bank 1.41 per cent and HDFC Bank 1.29 per cent. Losers include Asian Paint 2.29 per cent, Bharti Airtel 1.66 per cent and ICICI 1.40 per cent. Foreign portfolio investors (FPIs) bought shares worth Rs 988.25 crore on net basis while domestic institutional investors (DIIs) also bought equities to the tune of Rs 209.86 crore last Friday, provisional data showed. Most Asian markets were trading higher as investors kept an eye on political developments in the US after a government shutdown began last week. US stocks finished higher on last Friday, with both the S&P 500 and the Nasdaq ending at records as optimism over corporate earnings outweighed the US government shutdown. -- Rupee trades down 4 paise vs US dollar -- The rupee was trading lower by 4 paise at 63.88 against the US dollar on some dollar demand by importers and banks amid recovering greenback overseas. The rupee opened lower at 63.88 per dollar as against last Friday's closing level of 63.84 at the inter-bank foreign exchange here. Later it fell further to 64.00 on persistent dollar demand in morning trade, it was quoting at 63.88 per dollar at 1145 hrs. The US dollar regained some footing against a basket of currencies in early Asian trade, after slipping earlier on a US government shutdown.

Sensex marks new high, Nifty above 10,900

I was talking to my friend and he worried about the steep valuations with the Sensex touching 35798 and he was confused pertaining to the avenues where he can invest his money. I am sure there would be many who would in the same boat as my friend.

Most of us, the middle class, want to have the safety in terms of our principal while enjoying the high returns of the equity market.&nbsp;

Is this possible, if yes, then how?

The strategy involves investing in a less risky product and using its returns to invest in a SIP (Systematic investment plan) of an equity mutual fund. This is most suited for people who are worried about the high valuation and would like to have some safety as well.

In this structure, investors put money into a non-convertible debenture(NCD) or an equity savings or arbitrage mutual fund.&nbsp;

Interest or dividend or capital appreciation from them are then invested every month into an equity mutual fund SIP. Using this strategy, the capital is protected, and the investor earns a higher post-tax return at the end of the tenure. Simply using the interest earned, there is a possibility of generating higher post-tax returns with lower risk.

For example, investors could put money into the NCD&rsquo;s of SREI Equipment finance, which are available for subscription from July 17. Investors can opt for the monthly income option to earn 9.5% for a tenure of 10 years. So, if an investor puts in 1.25 lakhs into this NCD, he earns a monthly interest of approximately 1000/-. This interest earned could be invested in the equity mutual fund SIP for 10 years and if it grows at 12%, the corpus could be worth Rs 2.3 lakhs. Adding the original principal and the growth in equity due to SIP, an investor could potentially get back Rs 3.55 lakh, which translates into a CAGR return of 11% per annum.

&nbsp;

(Disclaimer: The opinions expressed above are the personal views of the author and do not reflect the views of ZMCL)&nbsp;&nbsp;

&nbsp;

With the Sensex breaching 36,000 mark, many investors will be worried where to invest money.

I was talking to my friend and he worried about the steep valuations with the Sensex touching 35798 and he was confused pertaining to the avenues where he can invest his money. I am sure there would be many who would in the same boat as my friend. Most of us, the middle class, want to have the safety in terms of our principal while enjoying the high returns of the equity market. Is this possible, if yes, then how? The strategy involves investing in a less risky product and using its returns to invest in a SIP (Systematic investment plan) of an equity mutual fund. This is most suited for people who are worried about the high valuation and would like to have some safety as well. In this structure, investors put money into a non-convertible debenture(NCD) or an equity savings or arbitrage mutual fund. Interest or dividend or capital appreciation from them are then invested every month into an equity mutual fund SIP. Using this strategy, the capital is protected, and the investor earns a higher post-tax return at the end of the tenure. Simply using the interest earned, there is a possibility of generating higher post-tax returns with lower risk. For example, investors could put money into the NCD’s of SREI Equipment finance, which are available for subscription from July 17. Investors can opt for the monthly income option to earn 9.5% for a tenure of 10 years. So, if an investor puts in 1.25 lakhs into this NCD, he earns a monthly interest of approximately 1000/-. This interest earned could be invested in the equity mutual fund SIP for 10 years and if it grows at 12%, the corpus could be worth Rs 2.3 lakhs. Adding the original principal and the growth in equity due to SIP, an investor could potentially get back Rs 3.55 lakh, which translates into a CAGR return of 11% per annum. (Disclaimer: The opinions expressed above are the personal views of the author and do not reflect the views of ZMCL)

Opinion: How to invest safely and ensure high returns

The Sensex breached the 36,000 mark for the first time Tuesday, following closely in the footsteps of the Nifty which crossed the 11,000 mark for the first time in early-morning trade Tuesday.&nbsp;

The Nifty opened at 10,997.40, quickly going on to hit a high of 11,023.&nbsp;

The Sensex meanwhile opened at 35,868.19, and then went on to hit an all-time high of 36,024.07.&nbsp;

The Sensex has been on a bull run of late, clocking in a number of record-setting sessions. It took only 17 sessions to get from the 34,000 mark to the 35,000 mark.&nbsp;

Uninterrupted foreign fund inflows amid strong corporate earnings and positive global leads drove the benchmark indices to fresh life time highs.

Trading sentiment remained extremely bullish backed by sustained capital inflows by foreign funds and widespread buying by retail investors, driven by strong earnings by some more bluechip companies that helped key indices to scale new peaks, brokers said.

Moreover, record closing on Wall Street as lawmakers&nbsp;agreed a budget deal to reopen the US government and a firming trend at other Asian markets too bolstered trading sentiment s here, they added.&nbsp;

(With inputs from PTI)

The Nifty opened at 10,997.40, quickly going on to hit a high of 11,023

The Sensex breached the 36,000 mark for the first time Tuesday, following closely in the footsteps of the Nifty which crossed the 11,000 mark for the first time in early-morning trade Tuesday. The Nifty opened at 10,997.40, quickly going on to hit a high of 11,023. The Sensex meanwhile opened at 35,868.19, and then went on to hit an all-time high of 36,024.07. The Sensex has been on a bull run of late, clocking in a number of record-setting sessions. It took only 17 sessions to get from the 34,000 mark to the 35,000 mark. Uninterrupted foreign fund inflows amid strong corporate earnings and positive global leads drove the benchmark indices to fresh life time highs. Trading sentiment remained extremely bullish backed by sustained capital inflows by foreign funds and widespread buying by retail investors, driven by strong earnings by some more bluechip companies that helped key indices to scale new peaks, brokers said. Moreover, record closing on Wall Street as lawmakers agreed a budget deal to reopen the US government and a firming trend at other Asian markets too bolstered trading sentiment s here, they added. (With inputs from PTI)

Sensex breaches 36,000 mark, Nifty 11,000 for first time

The benchmark BSE Sensex opened lower today after a five-session record-setting spree as investors cashed profits in metal, capital goods, consumer durables, power and banking shares ahead of January month expiry in the derivatives segment tomorrow.

The BSE 30-share barometer dropped by 54.30 points or 0.15 per cent to 36,085.68 in opening trade as index major Reliance Industries, ICICI Bank and Bharti Airtel declined.

The gauge had rallied 1,368.93 points in the previous five back-to-back record-setting sessions on sustained foreign fund inflows. It had <a href="http://www.wionews.com/india-news/sensex-closes-at-36140-nifty-ends-above-11000-mark-30507" target="_blank">closed at a record high</a> of 36,139.98 yesterday after touching an intra-day high of 36,170.83.

The NSE Nifty index too retreated, falling by 26.45 points, or 0.23 per cent, at 11,057.25. Yesterday, it had closed at record high of 11,083.70 points after scaling an all-time high (intra- nay) of 11,092.90.

Brokers said investors turned cautious and preferred to log gains at record levels ahead of tomorrow&#39;s January expiry in the derivatives segment, pulling down the key indices from record highs.

Besides, a weak trend at most of other Asian markets too weighed on the sentiments here, they added.

The laggards were Bharti Airtel, ICICI Bank, Tata Motors, Coal India, Adani Ports, Tata Steel, Asian Paint, Reliance Industries, Infosys, L&amp;T and M&amp;M, falling up to 3.18 per cent.

Meanwhile, foreign portfolio investors (FPIs) continued their buying activity on the domestic bourses here. They bought shares worth a net Rs 1,229.35 crore, while domestic institutional investors (DIIs) made purchases to the tune of Rs 169.03 crore yesterday, provisional data showed.

Globally, in the Asian region, Japan&#39;s Nikkei fell 0.56 per cent, while Hong Kong&#39;s Hang Seng shed 0.35 per cent in their early deals. Shanghai Composite Index, however, was up 0.09 per cent.

The US Dow Jones Industrial Average also ended a shade lower in yesterday&#39;s trade.

The Sensex had closed at a record high of 36,139.98 Tuesday after touching an intra-day high of 36,170.83

The benchmark BSE Sensex opened lower today after a five-session record-setting spree as investors cashed profits in metal, capital goods, consumer durables, power and banking shares ahead of January month expiry in the derivatives segment tomorrow. The BSE 30-share barometer dropped by 54.30 points or 0.15 per cent to 36,085.68 in opening trade as index major Reliance Industries, ICICI Bank and Bharti Airtel declined. The gauge had rallied 1,368.93 points in the previous five back-to-back record-setting sessions on sustained foreign fund inflows. It had closed at a record high of 36,139.98 yesterday after touching an intra-day high of 36,170.83. The NSE Nifty index too retreated, falling by 26.45 points, or 0.23 per cent, at 11,057.25. Yesterday, it had closed at record high of 11,083.70 points after scaling an all-time high (intra- nay) of 11,092.90. Brokers said investors turned cautious and preferred to log gains at record levels ahead of tomorrow's January expiry in the derivatives segment, pulling down the key indices from record highs. Besides, a weak trend at most of other Asian markets too weighed on the sentiments here, they added. The laggards were Bharti Airtel, ICICI Bank, Tata Motors, Coal India, Adani Ports, Tata Steel, Asian Paint, Reliance Industries, Infosys, L&T and M&M, falling up to 3.18 per cent. Meanwhile, foreign portfolio investors (FPIs) continued their buying activity on the domestic bourses here. They bought shares worth a net Rs 1,229.35 crore, while domestic institutional investors (DIIs) made purchases to the tune of Rs 169.03 crore yesterday, provisional data showed. Globally, in the Asian region, Japan's Nikkei fell 0.56 per cent, while Hong Kong's Hang Seng shed 0.35 per cent in their early deals. Shanghai Composite Index, however, was up 0.09 per cent. The US Dow Jones Industrial Average also ended a shade lower in yesterday's trade.

Sensex opens 54 points lower on profit booking

Stocks staged a strong comeback in early trade with the BSE Sensex gaining over 260 points and the Nifty recapturing the 10,500-level on continued buying by domestic funds ahead of inflation data to be released after market hours today.

Asian markets were also trading in the green after a late-day rally on Wall Street on Friday.

The 30-share Sensex recovered by 260.12 points, or 0.76 per cent, to 34,265.88 in opening trade. The index had lost 407.40 points or 1.18 per cent to settle at one month low of 34,005.76 on Friday.

All the sectoral indices led by metal, realty and infrastructure were trading in the green with gains up to 1.44 per cent.

The broad-based NSE Nifty went up by 81.65 points or 0.78 per cent to 10,536.60.

Major gainers were ONGC, Tata Steel, Sun Pharma, Bharti Airtel, Adani Ports, L&amp;T, HeromotoCorp and Axis Bank.

Larsen and Toubro rose by 1 per cent after it announced a Rs 2,200 crore order win by its wholly-owned arm L&amp;T Hydrocarbon Engineering from Abu Dhabi-based Al Dhafra Petroleum Operations Company Limited.

SBI, however, dropped 2.85 per cent following poor quarterly results. The PSU lender on Friday posted a net loss of Rs 1,886.57 crore after a massive under-reporting of dud assets in the past fiscal and reverses in treasury operations.

Brokers said sustained buying by domestic institutional investors amid a firm trend at other Asian bourses improved the market sentiment.

Domestic institutional investors bought shares worth a net Rs 588.42 crore while foreign portfolio investors sold shares worth a net Rs 1351.70 crore on Friday, provisional data showed.

In the Asian region, Hong Kong&#39;s Hang Seng was up 0.64 per cent and Shanghai Composite Index by 0.39 per cent in early trade. The US Dow Jones Industrial Average ended 1.38 per cent higher on Friday.

Asian markets were also trading in the green after a late-day rally on Wall Street on Friday

Stocks staged a strong comeback in early trade with the BSE Sensex gaining over 260 points and the Nifty recapturing the 10,500-level on continued buying by domestic funds ahead of inflation data to be released after market hours today. Asian markets were also trading in the green after a late-day rally on Wall Street on Friday. The 30-share Sensex recovered by 260.12 points, or 0.76 per cent, to 34,265.88 in opening trade. The index had lost 407.40 points or 1.18 per cent to settle at one month low of 34,005.76 on Friday. All the sectoral indices led by metal, realty and infrastructure were trading in the green with gains up to 1.44 per cent. The broad-based NSE Nifty went up by 81.65 points or 0.78 per cent to 10,536.60. Major gainers were ONGC, Tata Steel, Sun Pharma, Bharti Airtel, Adani Ports, L&T, HeromotoCorp and Axis Bank. Larsen and Toubro rose by 1 per cent after it announced a Rs 2,200 crore order win by its wholly-owned arm L&T Hydrocarbon Engineering from Abu Dhabi-based Al Dhafra Petroleum Operations Company Limited. SBI, however, dropped 2.85 per cent following poor quarterly results. The PSU lender on Friday posted a net loss of Rs 1,886.57 crore after a massive under-reporting of dud assets in the past fiscal and reverses in treasury operations. Brokers said sustained buying by domestic institutional investors amid a firm trend at other Asian bourses improved the market sentiment. Domestic institutional investors bought shares worth a net Rs 588.42 crore while foreign portfolio investors sold shares worth a net Rs 1351.70 crore on Friday, provisional data showed. In the Asian region, Hong Kong's Hang Seng was up 0.64 per cent and Shanghai Composite Index by 0.39 per cent in early trade. The US Dow Jones Industrial Average ended 1.38 per cent higher on Friday.

Sensex recovers 260 points, Nifty above 10,500-mark

The bloodbath on <a href="http://www.wionews.com/business-economy/wall-street-crash-dow-jones-plunges-to-historic-low-sp-500-nasdaq-hit-31929">Wall Street continued on Thursday </a>as the Dow nosedived again going down over 1,000 points as it repeated the feat when it plunged in&nbsp;similar manner on Monday.

Dow Jones Industrial Average dived 4.2 per cent to 23,860.46.

S&amp;P 500 also took a hit sinking &nbsp;3.8 per cent to 2,581.00, while the Nasdaq Composite Index plunged 3.9 per cent to 6,777.16.

Boeing and Caterpillar lost around five per cent, with Amazon and Facebook losing ground. Several companies listed on the Dow took a similar hit.

Just like Monday&#39;s fall, markets on Thursday fell due to treasury bond with investors concerned that the US Federal Reserve may accelerate rate hikes if inflation rises suddenly.

On Monday, both the Dow and S&amp;P went down in a similar fashion as the Dow fell &nbsp;4.6 per cent in a matter of hours.

The Dow had closed &nbsp;24,345.75 ending down 1,175.21 points with the S&amp;P 500 index losing 113.19 points, or 4.10 per cent, to end at 2,648.94.

Dow Jones Industrial Average dived 4.2 per cent to 23,860.46

The bloodbath on Wall Street continued on Thursday as the Dow nosedived again going down over 1,000 points as it repeated the feat when it plunged in similar manner on Monday. Dow Jones Industrial Average dived 4.2 per cent to 23,860.46. S&P 500 also took a hit sinking 3.8 per cent to 2,581.00, while the Nasdaq Composite Index plunged 3.9 per cent to 6,777.16. Boeing and Caterpillar lost around five per cent, with Amazon and Facebook losing ground. Several companies listed on the Dow took a similar hit. Just like Monday's fall, markets on Thursday fell due to treasury bond with investors concerned that the US Federal Reserve may accelerate rate hikes if inflation rises suddenly. On Monday, both the Dow and S&P went down in a similar fashion as the Dow fell 4.6 per cent in a matter of hours. The Dow had closed 24,345.75 ending down 1,175.21 points with the S&P 500 index losing 113.19 points, or 4.10 per cent, to end at 2,648.94.

Wall Street bloodbath: Dow plunges over 1,000 points, S&P sinks

Stocks tripped over the growing worries about rise in interest rates and a global rout in equities on Friday, with the benchmark Sensex falling over one per cent to close at a one-month low and the broader Nifty crashing below the 10,500 level.

The 30-share Sensex closed lower by 407.40 points or 1.18 per cent at 34,005.76. This is the weakest closing since January 4 when it had ended at 33,969.64.

The broad-based Nifty fell by 121.90 points or 1.15 per cent to end at 10,454.95.

On weekly basis, the BSE Sensex recorded a steep fall of 1,060.99 points or 3.02 per cent while the broader Nifty lost 305.65 points or 2.84 per cent - their worst weekly fall since August.

&quot;Trend in global interest rates and the subsequent impact on inflation, global economic growth as well as flow of funds, influenced investor sentiment through the week,&quot; Karthikraj Lakshmanan, Senior Fund Manager Equities, BNP Paribas Mutual Fund.

&quot;A second straight weekly decline in jobless claims in the US pointed to a strong job growth momentum in the economy, thus perpetuating fears of higher inflation and consequently faster rate hikes in the US.&quot;

Rising global rates are likely to impact the flow of funds to riskier assets like emerging markets, experts said.

The sell-off followed another battering for Wall Street, where the benchmark Dow suffered its second-biggest daily points fall.

Banking and financials stocks took a beating on emerging concerns over interest rate hike following rise in bond yields. Both BSE Bankex and Nifty Bank indices dropped up to 1.76 per cent.

Yes Bank and ICICI Bank plunged by 2.84 per cent and 2.33 per cent, respectively.

Other laggards were HDFC Ltd, Infosys, Axis Bank, Kotak Bank, Bharti Airtel, SBI, Wipro, Tata Motors, HDFC Bank, Adani Ports, L&amp;T, IndusInd Bank, Hero MotoCorp, Maruti Suzuki, Bajaj Auto, ITC Ltd, RIL, M&amp;M, ONGC and NTPC which dropped up to 2.13 per cent.

In contrast, Tata Steel, Asian Paint, Dr Reddy&#39;s, TCS, Hindustan Unilever and Coal India emerged gainers by surging up to 1.83 per cent.

Sector-wise, the BSE banking index declined the most, losing 1.75 per cent, followed by finance 1.54 per cent, telecom 1.15 per cent, auto 0.95 per cent, teck 0.90 per cent, IT 0.77 per cent, capital goods 0.73 per cent, oil &amp; gas 0.72 per cent, infrastructure 0.60 per cent and PSU 0.50 per cent.

While metal, realty, power and consumer durables ended higher.

Broader markets, however depicted a mixed trend as the mid-cap index fell 0.09 per cent, while small-cap up 0.23 per cent.

In the Asian region, Japan&#39;s Nikkei down 2.55 per cent, Hong Kong&#39;s Hang Seng fell 1.09 per cent, while Shanghai Composite Index up 0.73 per cent.

The benchmark BSE Sensex fell 1.18% to 34,005.76, falling 3% on the week

Stocks tripped over the growing worries about rise in interest rates and a global rout in equities on Friday, with the benchmark Sensex falling over one per cent to close at a one-month low and the broader Nifty crashing below the 10,500 level. The 30-share Sensex closed lower by 407.40 points or 1.18 per cent at 34,005.76. This is the weakest closing since January 4 when it had ended at 33,969.64. The broad-based Nifty fell by 121.90 points or 1.15 per cent to end at 10,454.95. On weekly basis, the BSE Sensex recorded a steep fall of 1,060.99 points or 3.02 per cent while the broader Nifty lost 305.65 points or 2.84 per cent - their worst weekly fall since August. "Trend in global interest rates and the subsequent impact on inflation, global economic growth as well as flow of funds, influenced investor sentiment through the week," Karthikraj Lakshmanan, Senior Fund Manager Equities, BNP Paribas Mutual Fund. "A second straight weekly decline in jobless claims in the US pointed to a strong job growth momentum in the economy, thus perpetuating fears of higher inflation and consequently faster rate hikes in the US." Rising global rates are likely to impact the flow of funds to riskier assets like emerging markets, experts said. The sell-off followed another battering for Wall Street, where the benchmark Dow suffered its second-biggest daily points fall. Banking and financials stocks took a beating on emerging concerns over interest rate hike following rise in bond yields. Both BSE Bankex and Nifty Bank indices dropped up to 1.76 per cent. Yes Bank and ICICI Bank plunged by 2.84 per cent and 2.33 per cent, respectively. Other laggards were HDFC Ltd, Infosys, Axis Bank, Kotak Bank, Bharti Airtel, SBI, Wipro, Tata Motors, HDFC Bank, Adani Ports, L&T, IndusInd Bank, Hero MotoCorp, Maruti Suzuki, Bajaj Auto, ITC Ltd, RIL, M&M, ONGC and NTPC which dropped up to 2.13 per cent. In contrast, Tata Steel, Asian Paint, Dr Reddy's, TCS, Hindustan Unilever and Coal India emerged gainers by surging up to 1.83 per cent. Sector-wise, the BSE banking index declined the most, losing 1.75 per cent, followed by finance 1.54 per cent, telecom 1.15 per cent, auto 0.95 per cent, teck 0.90 per cent, IT 0.77 per cent, capital goods 0.73 per cent, oil & gas 0.72 per cent, infrastructure 0.60 per cent and PSU 0.50 per cent. While metal, realty, power and consumer durables ended higher. Broader markets, however depicted a mixed trend as the mid-cap index fell 0.09 per cent, while small-cap up 0.23 per cent. In the Asian region, Japan's Nikkei down 2.55 per cent, Hong Kong's Hang Seng fell 1.09 per cent, while Shanghai Composite Index up 0.73 per cent.

Sensex crashes 400 points on global rout, Nifty ends below 10,500

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