The rupee appreciated 16 paise to 70.09 against the US dollar in opening trade Friday, driven by positive opening in domestic equities and weakening greenback in overseas markets.

The rupee opened strong at 70.12 at the interbank forex market, then gained further ground to touch 70.09 per dollar, displaying gains of 16 paise against the greenback.

Forex dealers said, easing crude prices, sustained foreign fund inflows and selling of the American currency by exporters supported the rupee.

On Thursday, the rupee had settled at 70.25 against the US dollar.

Foreign funds infused Rs 3,785.73 crore in capital market on a net basis, while domestic institutional investors sold shares worth Rs 4,069.98 crore Thursday, provisional data showed.

The benchmark BSE Sensex was trading with gains of 150.56 points, or 0.39 per cent, at 38,864.41; while the NSE Nifty was trading at 11,692.05, up 50.25 points, or 0.43 per cent.

Meanwhile, brent crude, the global benchmark, was trading at 74.14 per barrel lower by 0.28 per cent.&nbsp;

The rupee appreciated 16 paise to 70.09 against the US dollar in opening trade Friday, driven by positive opening in domestic equities and weakening greenback in overseas markets.

The rupee appreciated 16 paise to 70.09 against the US dollar in opening trade Friday, driven by positive opening in domestic equities and weakening greenback in overseas markets. The rupee opened strong at 70.12 at the interbank forex market, then gained further ground to touch 70.09 per dollar, displaying gains of 16 paise against the greenback. Forex dealers said, easing crude prices, sustained foreign fund inflows and selling of the American currency by exporters supported the rupee. On Thursday, the rupee had settled at 70.25 against the US dollar. Foreign funds infused Rs 3,785.73 crore in capital market on a net basis, while domestic institutional investors sold shares worth Rs 4,069.98 crore Thursday, provisional data showed. The benchmark BSE Sensex was trading with gains of 150.56 points, or 0.39 per cent, at 38,864.41; while the NSE Nifty was trading at 11,692.05, up 50.25 points, or 0.43 per cent. Meanwhile, brent crude, the global benchmark, was trading at 74.14 per barrel lower by 0.28 per cent.

Rupee rises 16 paise to 70.09 vs US dollar in early trade

Equity benchmark BSE Sensex jumped over 150 points in early trade Friday led by banking stocks amid unabated foreign fund inflow.

The 30-share index was trading 152.41 points or 0.39 per cent higher at 38,883.27, and the NSE Nifty rose 50.90 points or 0.44 per cent to 11,692.70.

In the previous session, the BSE bourse slumped 323.82 points, or 0.83 per cent, to close at 38,730.86, while the Nifty declined 84.35 points, or 0.72 per cent, to 11,641.80.

Tata Steel was the biggest gainer in the Sensex pack, rising 4.31 per cent, after the company Thursday reported a rise consolidated revenue to Rs 1,59,089.57 crore, up from Rs 1,24,990.79 crore.

The company, which after many years of being the No 2 to JSW Steel, became the largest alloy maker with an annual output of close to 20 MT in FY19.

It, however, reported a sharp 84.37 per cent fall in consolidated net income at Rs 2,295.25 crore for the three months to March due to high base last year.

The company had booked a net income of Rs 14,688.02 crore in the corresponding quarter of the previous fiscal, boosted by an "exceptional" gain of Rs 11,376 crore.

Axis Bank too rose 1.77 per cent after the private lender Thursday reported a net profit of Rs 1,505 crore for the March quarter of 2018-19, driven by a significant decline in provisioning and higher interest income.

Other gainers in morning session were HCL Tech, Coal India, Bharti Airtel, Sun Pharma, PowerGrid, NTPC, ITC, L&amp;T, TCS, RIL and SBI, rising up to 1.53 per cent.

On the other hand, Tata Motors, Maruti, IndusInd Bank, Hero MotoCorp, Kotak Bank, HDFC and Vedanta were among the top losers, shedding up to 2.62 per cent.

Meanwhile, Hero MotoCorp Yes Bank, HDFC AMC and HDFC Life Insurance are among the companies that are scheduled to announce their March quarter results on Friday.&nbsp;

According to traders, investor sentiment was buoyed by firm buying on banking counters. Sustained foreign fund inflows too lifted market mood.

Foreign institutional investors (FIIs) purchased equity worth Rs 3,785.73 crore on Thursday, while domestic institutional investors (DIIs) sold shares to the tune of Rs 4,069.98 crore, provisional data available with stock exchanges showed.

The rupee appreciated 12 paise to 70.13 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, were trading 0.24 per cent lower at $74.17 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading on a negative note in early trade.

On Wall Street, Dow Jones Industrial Average ended in the red on Thursday.&nbsp;

Equity benchmark BSE Sensex jumped over 150 points in early trade Friday led by banking stocks amid unabated foreign fund inflow. The 30-share index was trading 152.

Equity benchmark BSE Sensex jumped over 150 points in early trade Friday led by banking stocks amid unabated foreign fund inflow. The 30-share index was trading 152.41 points or 0.39 per cent higher at 38,883.27, and the NSE Nifty rose 50.90 points or 0.44 per cent to 11,692.70. In the previous session, the BSE bourse slumped 323.82 points, or 0.83 per cent, to close at 38,730.86, while the Nifty declined 84.35 points, or 0.72 per cent, to 11,641.80. Tata Steel was the biggest gainer in the Sensex pack, rising 4.31 per cent, after the company Thursday reported a rise consolidated revenue to Rs 1,59,089.57 crore, up from Rs 1,24,990.79 crore. The company, which after many years of being the No 2 to JSW Steel, became the largest alloy maker with an annual output of close to 20 MT in FY19. It, however, reported a sharp 84.37 per cent fall in consolidated net income at Rs 2,295.25 crore for the three months to March due to high base last year. The company had booked a net income of Rs 14,688.02 crore in the corresponding quarter of the previous fiscal, boosted by an "exceptional" gain of Rs 11,376 crore. Axis Bank too rose 1.77 per cent after the private lender Thursday reported a net profit of Rs 1,505 crore for the March quarter of 2018-19, driven by a significant decline in provisioning and higher interest income. Other gainers in morning session were HCL Tech, Coal India, Bharti Airtel, Sun Pharma, PowerGrid, NTPC, ITC, L&T, TCS, RIL and SBI, rising up to 1.53 per cent. On the other hand, Tata Motors, Maruti, IndusInd Bank, Hero MotoCorp, Kotak Bank, HDFC and Vedanta were among the top losers, shedding up to 2.62 per cent. Meanwhile, Hero MotoCorp Yes Bank, HDFC AMC and HDFC Life Insurance are among the companies that are scheduled to announce their March quarter results on Friday. According to traders, investor sentiment was buoyed by firm buying on banking counters. Sustained foreign fund inflows too lifted market mood. Foreign institutional investors (FIIs) purchased equity worth Rs 3,785.73 crore on Thursday, while domestic institutional investors (DIIs) sold shares to the tune of Rs 4,069.98 crore, provisional data available with stock exchanges showed. The rupee appreciated 12 paise to 70.13 against the US dollar in early trade. Brent crude futures, the global oil benchmark, were trading 0.24 per cent lower at $74.17 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading on a negative note in early trade. On Wall Street, Dow Jones Industrial Average ended in the red on Thursday.

Sensex jumps over 150 points; Nifty above 11,000

The <a href="https://www.wionews.com/business-economy/sensex-jumps-over-150-points-nifty-above-11000-213588">BSE Sensex</a> rallied 336 points to reclaim the 39,000 mark Friday, propelled by gains in banking, oil and gas, metal and IT stocks amid easing global crude oil prices.

After hitting an intra-day high of 39,103.16, the Sensex settled 336.47 points or 0.87 per cent, higher at 39,067.33.

The NSE Nifty too ended 112.85 points, or 0.97 per cent, up at 11,754.65 after scaling a high of 11,762.90 during the day.

Tata Steel and Axis Bank were among the top gainers in the Sensex pack, surging up to 6.67 per cent following their March quarter results.

ICICI Bank, TCS, SBI, RIL, Infosys, HDFC twins, Kotak Bank, HUL, NTPC, IndusInd Bank, Sun Pharma, HCL Tech, Bajaj Finance L&amp;T and ITC were the other gainers, rising up to 3.05 per cent.

On the other hand, Tata Motors, Bajaj Auto, Maruti, Bharti Airtel, Coal India, M&amp;M and Vedanta fell up to 2.84 per cent.

Hero MotoCorp and Yes Bank ended up to 0.51 per cent lower ahead of their quarterly earnings.

According to traders, fall in crude oil prices and unabated foreign fund inflows have boosted investor sentiment.

Brent crude futures, the global oil benchmark, slipped 1.28 per cent to $73.41 per barrel.

The rupee rebounded 25 paise to 70 against the US dollar intra-day.

Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 3,785.73 crore on Thursday, while domestic institutional investors (DIIs) sold shares to the tune of

Rs 4,069.98 crore, provisional data available with stock exchanges showed.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul ended on a negative note. European equites were also weak in early trade.

The BSE Sensex rallied 336 points to reclaim the 39,000 mark Friday, propelled by gains in banking, oil and gas, metal and IT stocks amid easing global crude oil prices.

The BSE Sensex rallied 336 points to reclaim the 39,000 mark Friday, propelled by gains in banking, oil and gas, metal and IT stocks amid easing global crude oil prices. After hitting an intra-day high of 39,103.16, the Sensex settled 336.47 points or 0.87 per cent, higher at 39,067.33. The NSE Nifty too ended 112.85 points, or 0.97 per cent, up at 11,754.65 after scaling a high of 11,762.90 during the day. Tata Steel and Axis Bank were among the top gainers in the Sensex pack, surging up to 6.67 per cent following their March quarter results. ICICI Bank, TCS, SBI, RIL, Infosys, HDFC twins, Kotak Bank, HUL, NTPC, IndusInd Bank, Sun Pharma, HCL Tech, Bajaj Finance L&T and ITC were the other gainers, rising up to 3.05 per cent. On the other hand, Tata Motors, Bajaj Auto, Maruti, Bharti Airtel, Coal India, M&M and Vedanta fell up to 2.84 per cent. Hero MotoCorp and Yes Bank ended up to 0.51 per cent lower ahead of their quarterly earnings. According to traders, fall in crude oil prices and unabated foreign fund inflows have boosted investor sentiment. Brent crude futures, the global oil benchmark, slipped 1.28 per cent to $73.41 per barrel. The rupee rebounded 25 paise to 70 against the US dollar intra-day. Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 3,785.73 crore on Thursday, while domestic institutional investors (DIIs) sold shares to the tune of Rs 4,069.98 crore, provisional data available with stock exchanges showed. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul ended on a negative note. European equites were also weak in early trade.

Sensex soars 336 points to close above 39,000-mark; Tata Steel rallies 7%

Equity benchmark indices opened on a flat note on Thursday with most sectoral indices showing mixed results.

At 10:15 am, the BSE S&amp;P Sensex was up 46 points at 39,101 while the NSE Nifty gained 27 points to 11,753.

At the National Stock Exchange, some sectoral indices like FMCG, financial services, pharma and realty were in the green.

But auto, IT, metal and PSU banks were in the negative zone during early hours of trading. Among stocks, Yes Bank, Grasim, Ultra Cement, Bharat Petroleum and Power Grid gained some ground.

However, Maruti, Bajaj Auto, Infosys, ONGC and Bharti Infratel dropped.

Meanwhile, Asian shares slipped after a surprise slide in German and South Korean economic data rekindled fears of slowing global growth.

Investors were also cautious after the United States told countries buying Iranian oil to stop purchases by May 1 or face economic sanctions.

That has pushed Brent crude futures above 74.50 dollars per barrel.

Equity benchmark indices opened on a flat note on Thursday with most sectoral indices showing mixed results. At 10:15 am, the BSE S&P Sensex was up 46 points at 39,101 while the NSE Nifty gained 27 points to 11,753.

Equity benchmark indices opened on a flat note on Thursday with most sectoral indices showing mixed results. At 10:15 am, the BSE S&P Sensex was up 46 points at 39,101 while the NSE Nifty gained 27 points to 11,753. At the National Stock Exchange, some sectoral indices like FMCG, financial services, pharma and realty were in the green. But auto, IT, metal and PSU banks were in the negative zone during early hours of trading. Among stocks, Yes Bank, Grasim, Ultra Cement, Bharat Petroleum and Power Grid gained some ground. However, Maruti, Bajaj Auto, Infosys, ONGC and Bharti Infratel dropped. Meanwhile, Asian shares slipped after a surprise slide in German and South Korean economic data rekindled fears of slowing global growth. Investors were also cautious after the United States told countries buying Iranian oil to stop purchases by May 1 or face economic sanctions. That has pushed Brent crude futures above 74.50 dollars per barrel.

Stock markets drift on a flat note, Sensex above 39,000 mark

Indian shares erased early gains to settle lower on Thursday due to volatility around the expiry of April derivative contracts, with financial stocks accounting for a majority of the losses.

The broader Nifty closed 0.72 per cent lower at 11,641.8, while the benchmark Sensex ended down 0.83 per cent at 38,730.86.

Index heavyweight Reliance Industries Ltd retreated from record highs hit earlier in the session to close 1.2 per cent lower, while Bharti Infratel Ltd extended losses to end 10.2 per cent lower a day after the telecom tower operator missed expectations for quarterly profit.

Housing Development Finance Corp Ltd fell 1.3 per cent, while private-sector lender ICICI Bank Ltd slipped 1.4 per cent.

Maruti Suzuki India Ltd ended 1.6 per cent lower after the company forecast a weak rate of growth for the current fiscal year amid an industry-wide weakening of demand.

Meanwhile, cement stocks joined a rally led by UltraTech Cement Ltd after the country`s largest cement maker posted a better-than-expected quarterly profit.

Indian shares erased early gains to settle lower on Thursday due to volatility around the expiry of April derivative contracts, with financial stocks accounting for a majority of the losses.

Indian shares erased early gains to settle lower on Thursday due to volatility around the expiry of April derivative contracts, with financial stocks accounting for a majority of the losses. The broader Nifty closed 0.72 per cent lower at 11,641.8, while the benchmark Sensex ended down 0.83 per cent at 38,730.86. Index heavyweight Reliance Industries Ltd retreated from record highs hit earlier in the session to close 1.2 per cent lower, while Bharti Infratel Ltd extended losses to end 10.2 per cent lower a day after the telecom tower operator missed expectations for quarterly profit. Housing Development Finance Corp Ltd fell 1.3 per cent, while private-sector lender ICICI Bank Ltd slipped 1.4 per cent. Maruti Suzuki India Ltd ended 1.6 per cent lower after the company forecast a weak rate of growth for the current fiscal year amid an industry-wide weakening of demand. Meanwhile, cement stocks joined a rally led by UltraTech Cement Ltd after the country`s largest cement maker posted a better-than-expected quarterly profit.

Sensex reverses course to end lower as financials drag

The rupee Wednesday declined 23 paise to 69.85 against the US dollar in early trade due to higher demand for the greenback from importers amid foreign fund outflows.

A strengthening US dollar against major global currencies also affected rupee's trading pattern, forex dealers said.

However, lower crude prices and a higher opening of the domestic equity markets restricted fall of the domestic currency to some extent, they added.

At the Interbank Foreign Exchange (forex) market, the rupee opened sharply lower at 69.80 against the US dollar, and further fell to quote at 69.85, a decline of 23 paise over its previous close.&nbsp;

On Tuesday, the rupee had appreciated by 5 paise to settle at 69.62 against the US dollar.

Foreign institutional investors (FIIs) emerged as net sellers in capital markets, pulling out Rs 237.47 crore on Tuesday, provisional exchange data showed.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 97.66.

The BSE Sensex was trading 75.37 points or 0.20 per cent higher at 38,640.25 in early trade. The NSE Nifty too rose 21.15 points or 0.18 per cent to 11,597.10.

Meanwhile, global benchmark Brent crude declined by 0.54 per cent to $74.11 per barrel.&nbsp;

The rupee Wednesday declined 23 paise to 69.85 against the US dollar in early trade due to higher demand for the greenback from importers amid foreign fund outflows.

The rupee Wednesday declined 23 paise to 69.85 against the US dollar in early trade due to higher demand for the greenback from importers amid foreign fund outflows. A strengthening US dollar against major global currencies also affected rupee's trading pattern, forex dealers said. However, lower crude prices and a higher opening of the domestic equity markets restricted fall of the domestic currency to some extent, they added. At the Interbank Foreign Exchange (forex) market, the rupee opened sharply lower at 69.80 against the US dollar, and further fell to quote at 69.85, a decline of 23 paise over its previous close. On Tuesday, the rupee had appreciated by 5 paise to settle at 69.62 against the US dollar. Foreign institutional investors (FIIs) emerged as net sellers in capital markets, pulling out Rs 237.47 crore on Tuesday, provisional exchange data showed. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 97.66. The BSE Sensex was trading 75.37 points or 0.20 per cent higher at 38,640.25 in early trade. The NSE Nifty too rose 21.15 points or 0.18 per cent to 11,597.10. Meanwhile, global benchmark Brent crude declined by 0.54 per cent to $74.11 per barrel.

Rupee slips 23 paise to 69.85 against US dollar on fund outflows

The benchmark BSE Sensex jumped over 100 points in early trade Wednesday tracking record gains on Wall Street amid easing crude prices.

After hitting an intra-day high of 38,701.52, the 30-share index was trading 75.37 points or 0.20 per cent higher at 38,640.25. The NSE Nifty too rose 21.15 points or 0.18 per cent to 11,597.10.

In the previous session, the BSE bourse settled 80.30 points, or 0.21 per cent, lower at 38,564.88 and the broader NSE Nifty too slipped 18.50 points, or 0.16 per cent, to close at 11,575.95.

Top gainers in the Sensex pack were ONGC, IndusInd Bank, HDFC twins, Reliance, PowerGrid, Asian Paints, L&amp;T, Bajaj Finance, HCL Tech and Yes Bank, rising up to 2.90 per cent.

On the other hand, Tata Motors, Hero MotoCorp, Vedanta, Maruti, Tata Steel, Sun Pharma, Kotak Bank, SBI, Bajaj Auto and ITC were among the top losers, shedding up to 1.86 per cent.

According to traders, market sentiment turned positive as investor took positive cues from US equities and easing crude oil prices.

Brent crude futures, the global oil benchmark, were trading 0.50 per cent lower at $74.14 per barrel.

On Wall Street, the S&amp;P 500 index and the Nasdaq ended at record highs on Tuesday amid a slew of better-than-expected earnings reports.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade.

Meanwhile, foreign institutional investors (FIIs) sold equity worth Rs 237.47 crore on Tuesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 198.35 crore, provisional data available with stock exchanges showed.

The rupee, however, depreciated 15 paise to 69.77 against the US dollar in early trade.&nbsp;

The benchmark BSE Sensex jumped over 100 points in early trade Wednesday tracking record gains on Wall Street amid easing crude prices. After hitting an intra-day high of 38,701.

The benchmark BSE Sensex jumped over 100 points in early trade Wednesday tracking record gains on Wall Street amid easing crude prices. After hitting an intra-day high of 38,701.52, the 30-share index was trading 75.37 points or 0.20 per cent higher at 38,640.25. The NSE Nifty too rose 21.15 points or 0.18 per cent to 11,597.10. In the previous session, the BSE bourse settled 80.30 points, or 0.21 per cent, lower at 38,564.88 and the broader NSE Nifty too slipped 18.50 points, or 0.16 per cent, to close at 11,575.95. Top gainers in the Sensex pack were ONGC, IndusInd Bank, HDFC twins, Reliance, PowerGrid, Asian Paints, L&T, Bajaj Finance, HCL Tech and Yes Bank, rising up to 2.90 per cent. On the other hand, Tata Motors, Hero MotoCorp, Vedanta, Maruti, Tata Steel, Sun Pharma, Kotak Bank, SBI, Bajaj Auto and ITC were among the top losers, shedding up to 1.86 per cent. According to traders, market sentiment turned positive as investor took positive cues from US equities and easing crude oil prices. Brent crude futures, the global oil benchmark, were trading 0.50 per cent lower at $74.14 per barrel. On Wall Street, the S&P 500 index and the Nasdaq ended at record highs on Tuesday amid a slew of better-than-expected earnings reports. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade. Meanwhile, foreign institutional investors (FIIs) sold equity worth Rs 237.47 crore on Tuesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 198.35 crore, provisional data available with stock exchanges showed. The rupee, however, depreciated 15 paise to 69.77 against the US dollar in early trade.

Sensex rises over 100 points; Nifty tests 11,600

After two days of consecutive negative close, domestic stock markets on Wednesday closed in green with BSE Sensex rallying 489.80 points to finish at 39,054.68, Nifty, on the other hand, jumped 150.20 points to close at 11,726.15.&nbsp;

The benchmark BSE Sensex jumped over 100 points in <a href="https://www.wionews.com/business-economy/sensex-rises-over-100-points-nifty-tests-11600-213140">early trade on Wednesday</a> tracking record gains on Wall Street amid easing crude prices.

After hitting an intra-day high of 38,701.52, the 30-share index was trading 75.37 points or 0.20 per cent higher at 38,640.25. The NSE Nifty too rose 21.15 points or 0.18 per cent to 11,597.10.

According to traders, market sentiment turned positive as investor took positive cues from US equities and easing crude oil prices.

The rupee, however, depreciated 15 paise to 69.77 against the US dollar in early trade.&nbsp;

Brent crude futures, the global oil benchmark, were trading 0.50 per cent lower at $74.14 per barrel today.

On Wall Street, the S&amp;P 500 index and the Nasdaq ended at record highs on Tuesday amid a slew of better-than-expected earnings reports.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade.

After two days of consecutive negative close, domestic stock markets on Wednesday closed in green with BSE Sensex rallying 489.80 points to finish at 39,054.68, Nifty, on the other hand, jumped 150.

After two days of consecutive negative close, domestic stock markets on Wednesday closed in green with BSE Sensex rallying 489.80 points to finish at 39,054.68, Nifty, on the other hand, jumped 150.20 points to close at 11,726.15. The benchmark BSE Sensex jumped over 100 points in early trade on Wednesday tracking record gains on Wall Street amid easing crude prices. After hitting an intra-day high of 38,701.52, the 30-share index was trading 75.37 points or 0.20 per cent higher at 38,640.25. The NSE Nifty too rose 21.15 points or 0.18 per cent to 11,597.10. According to traders, market sentiment turned positive as investor took positive cues from US equities and easing crude oil prices. The rupee, however, depreciated 15 paise to 69.77 against the US dollar in early trade. Brent crude futures, the global oil benchmark, were trading 0.50 per cent lower at $74.14 per barrel today. On Wall Street, the S&P 500 index and the Nasdaq ended at record highs on Tuesday amid a slew of better-than-expected earnings reports. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade.

Markets end in green, Sensex jumps 489 points to close at 39,054.68

The benchmark BSE Sensex rebounded over 180 points in early trade Tuesday led by gains in index heavyweights RIL, HDFC Bank and ITC, amid unabated foreign fund inflow.

The 30-share index was trading 152.78 points or 0.40 per cent higher at 38,797.96. The NSE Nifty too rose to 40.35 points or 0.35 per cent to 11,634.80.

In the previous session, the BSE bourse settled 495.10 points, or 1.26 per cent, lower at 38,645.18; while the broader Nifty tumbled 158.35 points, or 1.35 per cent, to close at 11,594.45.

Equities took a beating Monday as macroeconomic worries resurfaced. The Trump administration decided not to renew waiver that let countries like India buy Iranian oil without facing US sanctions.

However, investor sentiment turned positive in early trade Tuesday on reports that India has lined up alternate sources to make up for the likely shortfall in supplies after the US decided not to give waiver from its sanctions for buying oil from the Persian Gulf nation, traders said.

Top gainers leading the gains on Sensex were ONGC, Yes Bank, Hero MotoCorp, RIL, Sun Pharma, ITC, HDFC Bank, ICICI Bank, Coal India, ITC and Bajaj Finance, rising up to 1.97 per cent.

On the other hand, L&amp;T, TCS, NTPC, Tata Motors, PowerGrid and Tata Steel were the top losers, shedding up to 1.36 per cent.

"As we head into the week, Q4FY19 numbers will be watched closely by market participants," said Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas, adding that 2019 general election continues to remain the crucial near term event for the market.

Voting began Tuesday for 116 Lok Sabha seats, including all constituencies in Gujarat and Kerala, with BJP president Amit Shah, Congress chief Rahul Gandhi and several Union ministers among prominent candidates in the fray.

Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 73.08 crore on Monday, while domestic institutional investors (DIIs) sold shares to the tune of Rs 68.16 crore, provisional data available with stock exchanges showed.

The rupee appreciated 9 paise to 69.58 against the US dollar in early trade. 
Brent crude futures, the global oil benchmark, was 0.36 per cent higher at USD 74.31 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading on a mixed note in early trade.&nbsp;

The benchmark BSE Sensex rebounded over 180 points in early trade Tuesday led by gains in index heavyweights RIL, HDFC Bank and ITC, amid unabated foreign fund inflow.

The benchmark BSE Sensex rebounded over 180 points in early trade Tuesday led by gains in index heavyweights RIL, HDFC Bank and ITC, amid unabated foreign fund inflow. The 30-share index was trading 152.78 points or 0.40 per cent higher at 38,797.96. The NSE Nifty too rose to 40.35 points or 0.35 per cent to 11,634.80. In the previous session, the BSE bourse settled 495.10 points, or 1.26 per cent, lower at 38,645.18; while the broader Nifty tumbled 158.35 points, or 1.35 per cent, to close at 11,594.45. Equities took a beating Monday as macroeconomic worries resurfaced. The Trump administration decided not to renew waiver that let countries like India buy Iranian oil without facing US sanctions. However, investor sentiment turned positive in early trade Tuesday on reports that India has lined up alternate sources to make up for the likely shortfall in supplies after the US decided not to give waiver from its sanctions for buying oil from the Persian Gulf nation, traders said. Top gainers leading the gains on Sensex were ONGC, Yes Bank, Hero MotoCorp, RIL, Sun Pharma, ITC, HDFC Bank, ICICI Bank, Coal India, ITC and Bajaj Finance, rising up to 1.97 per cent. On the other hand, L&T, TCS, NTPC, Tata Motors, PowerGrid and Tata Steel were the top losers, shedding up to 1.36 per cent. "As we head into the week, Q4FY19 numbers will be watched closely by market participants," said Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas, adding that 2019 general election continues to remain the crucial near term event for the market. Voting began Tuesday for 116 Lok Sabha seats, including all constituencies in Gujarat and Kerala, with BJP president Amit Shah, Congress chief Rahul Gandhi and several Union ministers among prominent candidates in the fray. Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 73.08 crore on Monday, while domestic institutional investors (DIIs) sold shares to the tune of Rs 68.16 crore, provisional data available with stock exchanges showed. The rupee appreciated 9 paise to 69.58 against the US dollar in early trade. Brent crude futures, the global oil benchmark, was 0.36 per cent higher at USD 74.31 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading on a mixed note in early trade.

Sensex rebounds over 180 points; Nifty above 11,600

Domestic stock markets on Tuesday closed in red for the second consecutive day in a row with Sensex slipping 80.30 points at 38,564.88 and Nifty shedding 18.50 points to close at 11,575.95.

The benchmark BSE Sensex rebounded over 180 points in early trade Tuesday led by gains in index heavyweights RIL, HDFC Bank and ITC, amid unabated foreign fund inflow.

The 30-share index was trading 152.78 points or 0.40 per cent higher at 38,797.96. The NSE Nifty too rose to 40.35 points or 0.35 per cent to 11,634.80.

The domestic currency appreciated 9 paise to 69.58 against the US dollar in early trade.

Domestic stock markets on Tuesday closed in red for the second consecutive day in a row with Sensex slipping 80.30 points at 38,564.88 and Nifty shedding 18.50 points to close at 11,575.

Domestic stock markets on Tuesday closed in red for the second consecutive day in a row with Sensex slipping 80.30 points at 38,564.88 and Nifty shedding 18.50 points to close at 11,575.95. The benchmark BSE Sensex rebounded over 180 points in early trade Tuesday led by gains in index heavyweights RIL, HDFC Bank and ITC, amid unabated foreign fund inflow. The 30-share index was trading 152.78 points or 0.40 per cent higher at 38,797.96. The NSE Nifty too rose to 40.35 points or 0.35 per cent to 11,634.80. The domestic currency appreciated 9 paise to 69.58 against the US dollar in early trade.

Markets end in red, Sensex sheds 80 points to close at 38,564.88

The benchmark BSE Sensex cracked over 300 points in early trade Monday tracking losses in index heavyweights RIL, HDFC and ICICI Bank, amid weak global cues, sinking rupee and soaring crude oil prices.

The 30-share index was trading 309.56 points or 0.79 per cent lower at 38,830.72. The NSE Nifty too plunged to 101.80 points, or 0.87 per cent, to 11,651.

In the previous session Thursday, the BSE bourse settled 135.36 points, or 0.34 per cent, lower at 39,140.28. The broader Nifty slipped 34.35 points, or 0.29 per cent, to 11,752.80.

The stock market was closed Friday on account of Good Friday.

Yes Bank and Reliance Industries were the biggest losers in the Sensex pack, dropping up to 2.66 per cent, followed by IndusInd Bank, Bharti Airtel, Asian Paints, Kotak Bank, Tata Motors, Axis Bank, ICICI Bank, HDFC, Maruti, M&amp;M, Bajaj Finance and SBI, shedding up to 1.72 per cent.

Bucking the weak market trend, TCS, PowerGrid, HCL Tech, Infosys, HDFC Bank and NTPC rose up to 1.31 per cent.

"After a period of significant momentum ahead of the general elections, the market may take a pause in some kind of an interim profit booking," said Joseph Thomas-Head Research, Emkay Wealth Management.

The accelerating scenario of a slowdown in global growth as also the definitive prospects of higher fuel prices and a weaker currency may also be working on the minds of the market participants at this juncture, he added.

Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 1,038.46 crore on Thursday, and domestic institutional investors (DIIs) sold shares to the tune of Rs 337.59 crore, provisional data available with stock exchanges showed.

The rupee depreciated nearly 50 paise to 69.84 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, was 2.06 per cent higher at USD 73.84 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade.

The benchmark BSE Sensex cracked over 300 points in early trade Monday tracking losses in index heavyweights RIL, HDFC and ICICI Bank, amid weak global cues, sinking rupee and soaring crude oil prices.

The benchmark BSE Sensex cracked over 300 points in early trade Monday tracking losses in index heavyweights RIL, HDFC and ICICI Bank, amid weak global cues, sinking rupee and soaring crude oil prices. The 30-share index was trading 309.56 points or 0.79 per cent lower at 38,830.72. The NSE Nifty too plunged to 101.80 points, or 0.87 per cent, to 11,651. In the previous session Thursday, the BSE bourse settled 135.36 points, or 0.34 per cent, lower at 39,140.28. The broader Nifty slipped 34.35 points, or 0.29 per cent, to 11,752.80. The stock market was closed Friday on account of Good Friday. Yes Bank and Reliance Industries were the biggest losers in the Sensex pack, dropping up to 2.66 per cent, followed by IndusInd Bank, Bharti Airtel, Asian Paints, Kotak Bank, Tata Motors, Axis Bank, ICICI Bank, HDFC, Maruti, M&M, Bajaj Finance and SBI, shedding up to 1.72 per cent. Bucking the weak market trend, TCS, PowerGrid, HCL Tech, Infosys, HDFC Bank and NTPC rose up to 1.31 per cent. "After a period of significant momentum ahead of the general elections, the market may take a pause in some kind of an interim profit booking," said Joseph Thomas-Head Research, Emkay Wealth Management. The accelerating scenario of a slowdown in global growth as also the definitive prospects of higher fuel prices and a weaker currency may also be working on the minds of the market participants at this juncture, he added. Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 1,038.46 crore on Thursday, and domestic institutional investors (DIIs) sold shares to the tune of Rs 337.59 crore, provisional data available with stock exchanges showed. The rupee depreciated nearly 50 paise to 69.84 against the US dollar in early trade. Brent crude futures, the global oil benchmark, was 2.06 per cent higher at USD 73.84 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade.

Sensex cracks over 300 points; Nifty below 11,700

Domestic stock markets on Monday closed in red with BSE Sensex crashing 495.10 points to close at 38,645.18. Nifty, on the hand, sank 158.35 points to close at 11,594.45.

The benchmark BSE Sensex cracked over 300 points in early trade Monday tracking losses in index heavyweights RIL, HDFC and ICICI Bank, amid weak global cues, sinking rupee and soaring crude oil prices.

The 30-share index was trading 309.56 points or 0.79 per cent lower at 38,830.72. The NSE Nifty too plunged to 101.80 points, or 0.87 per cent, to 11,651.

In the previous session Thursday, the BSE bourse settled 135.36 points, or 0.34 per cent, lower at 39,140.28. The broader Nifty slipped 34.35 points, or 0.29 per cent, to 11,752.80.

The stock market was closed Friday on account of Good Friday.

Domestic stock markets on Monday closed in red with BSE Sensex crashing 495.10 points to close at 38,645.18. Nifty, on the hand, sank 158.35 points to close at 11,594.

Domestic stock markets on Monday closed in red with BSE Sensex crashing 495.10 points to close at 38,645.18. Nifty, on the hand, sank 158.35 points to close at 11,594.45. The benchmark BSE Sensex cracked over 300 points in early trade Monday tracking losses in index heavyweights RIL, HDFC and ICICI Bank, amid weak global cues, sinking rupee and soaring crude oil prices. The 30-share index was trading 309.56 points or 0.79 per cent lower at 38,830.72. The NSE Nifty too plunged to 101.80 points, or 0.87 per cent, to 11,651. In the previous session Thursday, the BSE bourse settled 135.36 points, or 0.34 per cent, lower at 39,140.28. The broader Nifty slipped 34.35 points, or 0.29 per cent, to 11,752.80. The stock market was closed Friday on account of Good Friday.

Markets end in red, Sensex tanks nearly 500 points

The benchmark BSE Sensex extended its record run by rising over 200 points in early trade Thursday led by gains in index heavyweight RIL ahead of its earnings.

Investor sentiment was also boosted by unabated foreign fund inflow, experts said.

After hitting a lifetime high (intra-day) of 39,487.45, the 30-share index was trading 136.38 points or 0.35 per cent higher at 39,412.02. The NSE Nifty too soared to another record high of 11,856 in early session.

In the previous session Tuesday, the BSE bourse marked its lifetime closing high of 39,275.64. Similarly, the broader Nifty too settled at a new record closing level of 11,787.15.

According to Sunil Sharma, Chief Investment Officer at Sanctum Wealth Management, robust foreign inflows have been the primary reason behind a steep rally in Indian markets over the last few weeks. "Earnings growth and election outcome will be key monitorables going forward."

Foreign institutional investors (FIIs) purchased equity worth Rs 1,038.58 crore on Tuesday, and domestic institutional investors (DIIs) bought equities to the tune of Rs 37.22 crore, provisional data available with stock exchanges showed.

Shares of RIL rallied over 2.30 per cent, adding more that 100 points to the gains on Sensex. The company is scheduled to release its Q4 results later in the day.

Other gainers in the Sensex pack include Tata Motors, Asian Paints, Hero MotoCorp, HDFC, ICICI Bank, Axis Bank, Maruti, TCS, HDFC Bank and HCL Tech, rising up to 2.04 per cent.

On the other hand, Yes Bank, Vedanta, SBI, Tata Steel, Bharti Airtel, IndusInd Bank and Infosys were the top losers, shedding up to 2.38 per cent.

Jet&nbsp;Airways shares sank 34 per cent on Thursday in a sign investors were sceptical about a revival, even as lenders to the carrier said they are "reasonably hopeful" the bidding process for the grounded Indian airline will end successfully.

Meanwhile, the rupee appreciated marginally to 69.60 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, was 0.08 per cent lower at US$ 71.56 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade.&nbsp;

The benchmark BSE Sensex extended its record run by rising over 200 points in early trade Thursday led by gains in index heavyweight RIL ahead of its earnings. Investor sentiment was also boosted by unabated foreign fund inflow, experts said.

The benchmark BSE Sensex extended its record run by rising over 200 points in early trade Thursday led by gains in index heavyweight RIL ahead of its earnings. Investor sentiment was also boosted by unabated foreign fund inflow, experts said. After hitting a lifetime high (intra-day) of 39,487.45, the 30-share index was trading 136.38 points or 0.35 per cent higher at 39,412.02. The NSE Nifty too soared to another record high of 11,856 in early session. In the previous session Tuesday, the BSE bourse marked its lifetime closing high of 39,275.64. Similarly, the broader Nifty too settled at a new record closing level of 11,787.15. According to Sunil Sharma, Chief Investment Officer at Sanctum Wealth Management, robust foreign inflows have been the primary reason behind a steep rally in Indian markets over the last few weeks. "Earnings growth and election outcome will be key monitorables going forward." Foreign institutional investors (FIIs) purchased equity worth Rs 1,038.58 crore on Tuesday, and domestic institutional investors (DIIs) bought equities to the tune of Rs 37.22 crore, provisional data available with stock exchanges showed. Shares of RIL rallied over 2.30 per cent, adding more that 100 points to the gains on Sensex. The company is scheduled to release its Q4 results later in the day. Other gainers in the Sensex pack include Tata Motors, Asian Paints, Hero MotoCorp, HDFC, ICICI Bank, Axis Bank, Maruti, TCS, HDFC Bank and HCL Tech, rising up to 2.04 per cent. On the other hand, Yes Bank, Vedanta, SBI, Tata Steel, Bharti Airtel, IndusInd Bank and Infosys were the top losers, shedding up to 2.38 per cent. Jet Airways shares sank 34 per cent on Thursday in a sign investors were sceptical about a revival, even as lenders to the carrier said they are "reasonably hopeful" the bidding process for the grounded Indian airline will end successfully. Meanwhile, the rupee appreciated marginally to 69.60 against the US dollar in early trade. Brent crude futures, the global oil benchmark, was 0.08 per cent lower at US$ 71.56 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading in the red in early trade.

Sensex extends record run, jumps over 200 points; RIL up 2%

Sensex fell 135.36 points to finish at 39,140.28 on Thursday with the Nifty slipping 34.35 pts to close at 11,752.80 dragged down by banking and Jet Airways stocks.

<a href="https://www.wionews.com/business-economy/jet-airways-employees-seek-pm-modis-intervention-to-help-them-out-211447">Jet Airways' shares had nosedived</a> 34 per cent in early trade to its lowest in 10 years after it halted all flight operations indefinitely on Wednesday night as lenders rejected its plea for emergency funds.

This was the stock's worst-ever intraday drop.

The Nifty PSU Bank index fell as much as 2.4 per cent to its lowest over three weeks, with SBI dropping 2.4 per cent.

Yes Bank Ltd, which is also a lender to Jet, fell by as much as 4.7 per cent in its sharpest intraday drop since February 18.

The benchmark indices had closed at record highs on Tuesday on earnings optimism and forecast of a near-normal monsoon. Markets were closed Wednesday for Mahavir Jayanti.

Top losers in the Sensex pack included Yes Bank, Vedanta, IndusInd Bank, Tata Steel, L&amp;T, SBI, NTPC, Kotak Bank, HDFC, HDFC Bank, PowerGrid, Infosys and ITC, falling up to 4.18 per cent. 
On the other hand, RIL was the biggest gainer on the index, rising 2.79 per cent ahead of its Q4 results.

Earlier in the morning, the benchmark index was 200 points up in early trade, extending gains ahead of RIL's earnings which is due on Thursday.

After hitting a lifetime intra-day high of 39,487.45 on Thursday morning, the 30-share index traded 136.38 points or 0.35 per cent higher at 39,412.02. The NSE Nifty too soared to another record high of 11,856 in early session.

Shares of RIL rallied over 2.30 per cent, adding more that 100 points to the gains on Sensex. The company is scheduled to release its Q4 results after the markets close.

Gainers in the Sensex on Thursday included include Tata Motors, Asian Paints, Hero MotoCorp, HDFC, ICICI Bank, Axis Bank, Maruti, TCS, HDFC Bank and HCL Tech, rising up to 2.04 per cent.

Sensex fell 135.36 points to finish at 39,140.28 on Thursday with the Nifty slipping 34.35 pts to close at 11,752.80 dragged down by banking and Jet Airways stocks.

Sensex fell 135.36 points to finish at 39,140.28 on Thursday with the Nifty slipping 34.35 pts to close at 11,752.80 dragged down by banking and Jet Airways stocks. Jet Airways' shares had nosedived 34 per cent in early trade to its lowest in 10 years after it halted all flight operations indefinitely on Wednesday night as lenders rejected its plea for emergency funds. This was the stock's worst-ever intraday drop. The Nifty PSU Bank index fell as much as 2.4 per cent to its lowest over three weeks, with SBI dropping 2.4 per cent. Yes Bank Ltd, which is also a lender to Jet, fell by as much as 4.7 per cent in its sharpest intraday drop since February 18. The benchmark indices had closed at record highs on Tuesday on earnings optimism and forecast of a near-normal monsoon. Markets were closed Wednesday for Mahavir Jayanti. Top losers in the Sensex pack included Yes Bank, Vedanta, IndusInd Bank, Tata Steel, L&T, SBI, NTPC, Kotak Bank, HDFC, HDFC Bank, PowerGrid, Infosys and ITC, falling up to 4.18 per cent. On the other hand, RIL was the biggest gainer on the index, rising 2.79 per cent ahead of its Q4 results. Earlier in the morning, the benchmark index was 200 points up in early trade, extending gains ahead of RIL's earnings which is due on Thursday. After hitting a lifetime intra-day high of 39,487.45 on Thursday morning, the 30-share index traded 136.38 points or 0.35 per cent higher at 39,412.02. The NSE Nifty too soared to another record high of 11,856 in early session. Shares of RIL rallied over 2.30 per cent, adding more that 100 points to the gains on Sensex. The company is scheduled to release its Q4 results after the markets close. Gainers in the Sensex on Thursday included include Tata Motors, Asian Paints, Hero MotoCorp, HDFC, ICICI Bank, Axis Bank, Maruti, TCS, HDFC Bank and HCL Tech, rising up to 2.04 per cent.

Sensex, Nifty fall as Jet Airways stocks bleed

The BSE benchmark Sensex jumped over 200 points in early trade Tuesday led by gains in banking, metal, oil and gas, telecom and auto stocks, amid unabated foreign fund inflows and positive global cues.

The 30-share index was trading 239.11 points or 0.61 per cent higher at 39,144.95, and the NSE Nifty was trading 63.35 points, or 0.54 per cent, up at 11,753.70 in early session.

In the previous session, the BSE index settled 138.73 points, or 0.36 per cent, higher at 38,905.84, while the broader Nifty rose 46.90 points, or 0.40 per cent, to close at 11,690.35.

According to Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas, Q4FY19 earnings season will remain crucial for further upside in the market.

"The rally in the market has been mainly due to aggressive buying by the FIIs; and for valuations to sustain, there needs to be an uptick in earnings growth this quarter," he said.

Foreign institutional investors (FIIs) purchased equity worth Rs 713.22 crore on Monday, and domestic institutional investors (DIIs) bought equities to the tune of Rs 581.36 crore, provisional data available with stock exchanges showed.

Top gainers in early trade include ICICI Bank, Vedanta, Coal India, M&amp;M, Asian Paints, Hero MotoCorp, Maruti, IndusInd Bank, Sun Pharma, RIL and HCL Tech, rising up to 2.67 per cent.

On the other hand, Bharti Airtel, Infosys, Tata Motors, Tata Steel and HUL were the only losers in the Sensex pack, shedding up to 0.65 per cent.

Meanwhile, the rupee depreciated marginally to 69.49 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, was 0.25 per cent lower at USD 71 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were positive in early trade.

The BSE benchmark Sensex jumped over 200 points in early trade Tuesday led by gains in banking, metal, oil and gas, telecom and auto stocks, amid unabated foreign fund inflows and positive global cues.

The BSE benchmark Sensex jumped over 200 points in early trade Tuesday led by gains in banking, metal, oil and gas, telecom and auto stocks, amid unabated foreign fund inflows and positive global cues. The 30-share index was trading 239.11 points or 0.61 per cent higher at 39,144.95, and the NSE Nifty was trading 63.35 points, or 0.54 per cent, up at 11,753.70 in early session. In the previous session, the BSE index settled 138.73 points, or 0.36 per cent, higher at 38,905.84, while the broader Nifty rose 46.90 points, or 0.40 per cent, to close at 11,690.35. According to Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas, Q4FY19 earnings season will remain crucial for further upside in the market. "The rally in the market has been mainly due to aggressive buying by the FIIs; and for valuations to sustain, there needs to be an uptick in earnings growth this quarter," he said. Foreign institutional investors (FIIs) purchased equity worth Rs 713.22 crore on Monday, and domestic institutional investors (DIIs) bought equities to the tune of Rs 581.36 crore, provisional data available with stock exchanges showed. Top gainers in early trade include ICICI Bank, Vedanta, Coal India, M&M, Asian Paints, Hero MotoCorp, Maruti, IndusInd Bank, Sun Pharma, RIL and HCL Tech, rising up to 2.67 per cent. On the other hand, Bharti Airtel, Infosys, Tata Motors, Tata Steel and HUL were the only losers in the Sensex pack, shedding up to 0.65 per cent. Meanwhile, the rupee depreciated marginally to 69.49 against the US dollar in early trade. Brent crude futures, the global oil benchmark, was 0.25 per cent lower at USD 71 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were positive in early trade.

Sensex jumps over 200 points; Nifty above 11,750

The stock <a href="https://www.wionews.com/business-economy/markets-hit-record-highs-sensex-surges-over-450-points-nifty-crosses-11800-210875">market&nbsp;on Tuesday</a> ended on a positive note with BSE Sensex zooming 369.80 points to close at the record high of 39,275.64. Nifty, on the other hand, closed 96 points up at 11,787.15.

The domestic stock market earlier in the day hit record highs. Sensex surged over 450 points and Nifty crossed the 11,800-mark.&nbsp;

Market experts attributed the surge to index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign investors, news agency ANI reported.

Investors were also optimistic as the earnings season got off to a good start and the state-run weather office forecast average monsoon rains this year.

The broader NSE Nifty was up 115 points at 11,805.75 as of 02:40 pm and the benchmark BSE Sensex was up 455 points at 39,361.52.

The stock market on Tuesday ended on a positive note with BSE Sensex zooming 369.80 points to close at the record high of 39,275.64. Nifty, on the other hand, closed 96 points up at 11,787.

The stock market on Tuesday ended on a positive note with BSE Sensex zooming 369.80 points to close at the record high of 39,275.64. Nifty, on the other hand, closed 96 points up at 11,787.15. The domestic stock market earlier in the day hit record highs. Sensex surged over 450 points and Nifty crossed the 11,800-mark. Market experts attributed the surge to index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign investors, news agency ANI reported. Investors were also optimistic as the earnings season got off to a good start and the state-run weather office forecast average monsoon rains this year. The broader NSE Nifty was up 115 points at 11,805.75 as of 02:40 pm and the benchmark BSE Sensex was up 455 points at 39,361.52.

Markets end in green; Sensex closes at record high, zooms over 350 points

Indian shares extended gains to record highs on Tuesday, led by index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign investors.

Investors were also optimistic as the earnings season got off to a good start and the state-run weather office forecast average monsoon rains this year.

The rally in Indian stocks is not across the board - mid-caps are not moving, which is an indication that foreign institutional investors are in the market and are driving it higher, said R K Gupta, managing director at Taurus Asset Management.

Foreign investors bought shares worth a net $420.2 million in the last three sessions, taking the total purchase for the month to $2.01 billion.

Average monsoon rains this year would help to reduce bad loan levels at banks, and improve GDP, according to Gupta.

The broader NSE Nifty was up 115 points at 11,805.75 as of 02:40pm and the benchmark BSE Sensex was up 455 points at 39,361.52.

Meanwhile, Asian stocks kept below a nine-month high after disappointing bank earnings stalled Wall Street, though recent signs that the global economy is likely to avoid a sharper downturn helped limit the losses.

ICICI Bank rose as much as 3.3 per cent in its sharpest intraday gain in five weeks and was the top boost to both indexes, after reports that Goldman Sachs raised its target price to Rs 492 from Rs 451.

Reliance Industries rose 1.5 per cent to its highest since April 5, while SpiceJet Ltd surged as much as 8.1 per cent to its highest since May 2018 after the low-cost carrier said it would expand its Bombardier fleet by inducting five more Q400 aircraft.

Among losers, Wipro Ltd fell as much as 0.9 per cent after the IT services firm said it was investigating a potential breach of some of its employee accounts due to an advanced phishing campaign.

The company is due to release its fourth-quarter results today.

Indian shares extended gains to record highs on Tuesday, led by index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign investors.

Indian shares extended gains to record highs on Tuesday, led by index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign investors. Investors were also optimistic as the earnings season got off to a good start and the state-run weather office forecast average monsoon rains this year. The rally in Indian stocks is not across the board - mid-caps are not moving, which is an indication that foreign institutional investors are in the market and are driving it higher, said R K Gupta, managing director at Taurus Asset Management. Foreign investors bought shares worth a net $420.2 million in the last three sessions, taking the total purchase for the month to $2.01 billion. Average monsoon rains this year would help to reduce bad loan levels at banks, and improve GDP, according to Gupta. The broader NSE Nifty was up 115 points at 11,805.75 as of 02:40pm and the benchmark BSE Sensex was up 455 points at 39,361.52. Meanwhile, Asian stocks kept below a nine-month high after disappointing bank earnings stalled Wall Street, though recent signs that the global economy is likely to avoid a sharper downturn helped limit the losses. ICICI Bank rose as much as 3.3 per cent in its sharpest intraday gain in five weeks and was the top boost to both indexes, after reports that Goldman Sachs raised its target price to Rs 492 from Rs 451. Reliance Industries rose 1.5 per cent to its highest since April 5, while SpiceJet Ltd surged as much as 8.1 per cent to its highest since May 2018 after the low-cost carrier said it would expand its Bombardier fleet by inducting five more Q400 aircraft. Among losers, Wipro Ltd fell as much as 0.9 per cent after the IT services firm said it was investigating a potential breach of some of its employee accounts due to an advanced phishing campaign. The company is due to release its fourth-quarter results today.

Markets hit record highs; Sensex surges over 450 points, Nifty crosses 11,800

Domestic equity benchmarks started on a positive note Monday led by gains in IT bellwether TCS, amid sustained foreign fund inflow and positive global cues.

After rising over 100 points in the early session, the 30-share index was trading 67.91 points or 0.18 per cent higher at 38,835.02. The NSE Nifty was trading 21.20 points, or 0.18 per cent, up at 11,664.65 in the early session.

During the past week, the Sensex fell 95.12 points or 0.24 per cent, while the Nifty shed 22.5 points or 0.19 per cent.

Top gainers in the Sensex pack include Tata Motors, TCS, Coal India, HCL Tech, Vedanta, Tata Steel, Hero MotoCorp, ITC, Kotak Bank, Asian Paints, IndusInd Bank and Axis Bank, rising up to 4.12 per cent.

TCS led the gains in early trade after the company Friday reported a 17.7 per cent growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter.

According to Rajesh Gopinathan, chief executive officer and managing director at TCS, this is the strongest revenue growth that the firm have had in the last fifteen quarters.

On the other hand, Infosys was the top loser, shedding 2.73 per cent on BSE. The IT major Friday posted a 10.5 per cent rise in consolidated net profit at Rs 4,078 crore for the March 2019 quarter and guided towards 7.5-9.5 per cent growth in revenue for FY 2019-20.

Bharti Airtel, Sun Pharma, M&amp;M, ONGC and Maruti were among the other losers on Sensex.

Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 897.45 crore on Friday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 15.99 crore, provisional data available with stock exchanges showed.

The rupee appreciated marginally to 69.17 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, was 0.13 per cent lower at $71.46 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were positive in early trade.&nbsp;

Domestic equity benchmarks started on a positive note Monday led by gains in IT bellwether TCS, amid sustained foreign fund inflow and positive global cues. After rising over 100 points in the early session, the 30-share index was trading 67.

Domestic equity benchmarks started on a positive note Monday led by gains in IT bellwether TCS, amid sustained foreign fund inflow and positive global cues. After rising over 100 points in the early session, the 30-share index was trading 67.91 points or 0.18 per cent higher at 38,835.02. The NSE Nifty was trading 21.20 points, or 0.18 per cent, up at 11,664.65 in the early session. During the past week, the Sensex fell 95.12 points or 0.24 per cent, while the Nifty shed 22.5 points or 0.19 per cent. Top gainers in the Sensex pack include Tata Motors, TCS, Coal India, HCL Tech, Vedanta, Tata Steel, Hero MotoCorp, ITC, Kotak Bank, Asian Paints, IndusInd Bank and Axis Bank, rising up to 4.12 per cent. TCS led the gains in early trade after the company Friday reported a 17.7 per cent growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter. According to Rajesh Gopinathan, chief executive officer and managing director at TCS, this is the strongest revenue growth that the firm have had in the last fifteen quarters. On the other hand, Infosys was the top loser, shedding 2.73 per cent on BSE. The IT major Friday posted a 10.5 per cent rise in consolidated net profit at Rs 4,078 crore for the March 2019 quarter and guided towards 7.5-9.5 per cent growth in revenue for FY 2019-20. Bharti Airtel, Sun Pharma, M&M, ONGC and Maruti were among the other losers on Sensex. Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 897.45 crore on Friday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 15.99 crore, provisional data available with stock exchanges showed. The rupee appreciated marginally to 69.17 against the US dollar in early trade. Brent crude futures, the global oil benchmark, was 0.13 per cent lower at $71.46 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were positive in early trade.

Sensex, Nifty start on a positive note; TCS jumps over 3%

Indian shares closed higher on Monday, buoyed by gains in IT major Tata Consultancy Services Ltd, which reported a record profit for the final quarter of the year on Friday and heralded the start of corporate earnings season.

The benchmark BSE Sensex closed up 0.36 per cent at 38,905.84, while the broader NSE Nifty ended 0.4 per cent higher at 11,690.35 - its best close in nearly two weeks.

Shares of TCS, India`s biggest software exporter which also posted its best revenue in 15 quarters, ended up 4.9 per cent.

Tata Motors Ltd climbed 7.3 per cent to its highest close since September 26, and was the top percentage gainer on the indexes.

Infosys was the biggest drag, finishing down 2.7 per cent after it failed to impress investors with its operating margin forecast for fiscal 2020. 
&nbsp;

Indian shares closed higher on Monday, buoyed by gains in IT major Tata Consultancy Services Ltd, which reported a record profit for the final quarter of the year on Friday and heralded the start of corporate earnings season.

Indian shares closed higher on Monday, buoyed by gains in IT major Tata Consultancy Services Ltd, which reported a record profit for the final quarter of the year on Friday and heralded the start of corporate earnings season. The benchmark BSE Sensex closed up 0.36 per cent at 38,905.84, while the broader NSE Nifty ended 0.4 per cent higher at 11,690.35 - its best close in nearly two weeks. Shares of TCS, India`s biggest software exporter which also posted its best revenue in 15 quarters, ended up 4.9 per cent. Tata Motors Ltd climbed 7.3 per cent to its highest close since September 26, and was the top percentage gainer on the indexes. Infosys was the biggest drag, finishing down 2.7 per cent after it failed to impress investors with its operating margin forecast for fiscal 2020.

Sensex end higher, Nifty registers best close in nearly two weeks

Benchmark equity indices ended marginally higher after choppy trade Thursday as voting began in the first phase of the Lok Sabha elections.

The 30-share BSE Sensex inched up 21.66 points, or 0.06 per cent, to close at 38,607.01. The broader NSE Nifty settled 12.40 points, or 0.11 per cent, higher at 11,596.70.

Vedanta was the top loser in the Sensex pack, dropping 3.72 per cent. Axis Bank, Sun Pharma, Infosys, PowerGrid, ICICI Bank, TCS, HCL Tech, Tata Steel, Kotak Bank, HDFC, IndusInd Bank and Maruti too fell up to 1.46 per cent.

On the other hand, Bharti Airtel, Bajaj Finance, Bajaj Auto, Reliance Industries, Tata Motors, SBI, HUL, NTPC, ONGC, ITC and Asian Paints rose up to 2.19 per cent.

Sectorally, BSE energy, telecom and oil and gas indices rose up to 1.11 per cent, while BSE metal, IT and teck indices dropped up to 1.18 per cent.

Traders said market mood was cautious as polling began in 91 constituencies spread across 18 states and two union territories in the first phase of Lok Sabha elections.

Meanwhile, foreign institutional investors (FIIs) purchased equity worth a net Rs 1,429.92 crore on Wednesday, while domestic institutional investors (DIIs) sold shares to the tune of Rs 461.29 crore, provisional data available with stock exchanges showed.

Elsewhere in Asia, markets in Japan, China and Korea ended on a mixed note.

In Europe, bourses in Germany, France and UK were trading in the positive terrain in early deals.

The benchmark Brent crude futures fell 0.44 per cent to US $71.29 per barrel.

Meanwhile, the rupee appreciated 11 paise to 69 against the US dollar intra-day.&nbsp;

Benchmark equity indices ended marginally higher after choppy trade Thursday as voting began in the first phase of the Lok Sabha elections. The 30-share BSE Sensex inched up 21.

Benchmark equity indices ended marginally higher after choppy trade Thursday as voting began in the first phase of the Lok Sabha elections. The 30-share BSE Sensex inched up 21.66 points, or 0.06 per cent, to close at 38,607.01. The broader NSE Nifty settled 12.40 points, or 0.11 per cent, higher at 11,596.70. Vedanta was the top loser in the Sensex pack, dropping 3.72 per cent. Axis Bank, Sun Pharma, Infosys, PowerGrid, ICICI Bank, TCS, HCL Tech, Tata Steel, Kotak Bank, HDFC, IndusInd Bank and Maruti too fell up to 1.46 per cent. On the other hand, Bharti Airtel, Bajaj Finance, Bajaj Auto, Reliance Industries, Tata Motors, SBI, HUL, NTPC, ONGC, ITC and Asian Paints rose up to 2.19 per cent. Sectorally, BSE energy, telecom and oil and gas indices rose up to 1.11 per cent, while BSE metal, IT and teck indices dropped up to 1.18 per cent. Traders said market mood was cautious as polling began in 91 constituencies spread across 18 states and two union territories in the first phase of Lok Sabha elections. Meanwhile, foreign institutional investors (FIIs) purchased equity worth a net Rs 1,429.92 crore on Wednesday, while domestic institutional investors (DIIs) sold shares to the tune of Rs 461.29 crore, provisional data available with stock exchanges showed. Elsewhere in Asia, markets in Japan, China and Korea ended on a mixed note. In Europe, bourses in Germany, France and UK were trading in the positive terrain in early deals. The benchmark Brent crude futures fell 0.44 per cent to US $71.29 per barrel. Meanwhile, the rupee appreciated 11 paise to 69 against the US dollar intra-day.

Sensex, Nifty end marginally higher as Lok Sabha polls begin

The domestic equity market indices ended with sharp losses following broad-based selling pressure from institutions and traders.

At the end of trading today, Sensex was down 353.87 points at 38585.35, and the Nifty was down 87.65 points at 11,584.30.&nbsp;

About 1134 shares have advanced, 1369 shares declined, and 173 shares are unchanged.&nbsp;

Among the Sensex stocks, HDFC twins, TCS, Asian Paints and Bharti Airtel were among the top losers. HDFC Bank, HDFC, TCS and Asian Paints fell nearly 2% each while Bharti Airtel lost 3%.&nbsp;

Meanwhile, Asian shares also slipped from eight-month highs today as the International Monetary Fund lowered its global growth outlook and as the United States and Europe locked horns over tariffs in a fresh escalation of trade tensions.

MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.1 per cent, a day after it hit its highest since August 1. The Shanghai Composite Index fell 0.4 per cent and Japan’s Nikkei lost 0.7 per cent.

(With inputs from agencies)

The domestic equity market indices ended with sharp losses following broad-based selling pressure from institutions and traders. At the end of trading today, Sensex was down 353.

The domestic equity market indices ended with sharp losses following broad-based selling pressure from institutions and traders. At the end of trading today, Sensex was down 353.87 points at 38585.35, and the Nifty was down 87.65 points at 11,584.30. About 1134 shares have advanced, 1369 shares declined, and 173 shares are unchanged. Among the Sensex stocks, HDFC twins, TCS, Asian Paints and Bharti Airtel were among the top losers. HDFC Bank, HDFC, TCS and Asian Paints fell nearly 2% each while Bharti Airtel lost 3%. Meanwhile, Asian shares also slipped from eight-month highs today as the International Monetary Fund lowered its global growth outlook and as the United States and Europe locked horns over tariffs in a fresh escalation of trade tensions. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.1 per cent, a day after it hit its highest since August 1. The Shanghai Composite Index fell 0.4 per cent and Japan’s Nikkei lost 0.7 per cent. (With inputs from agencies)

Sensex falls 354 points on weak global cues, Nifty ends at 11,584

Domestic stock market saw a sudden plunge, sending the benchmark indices tumbling which were till then trading flat after a start in the red zone.

At 2:21 PM, the S&amp;P BSE Sensex had slumped 290 points, or 0.75 per cent, to trade around 38,649, dragged down by the HDFC duos, TCS, ITC, and ICICI Bank. The Nifty50, too, dropped 75 points, or 0.64 per cent, to hover around 11,597.

Asian shares also slipped from eight-month highs&nbsp;today as the International Monetary Fund lowered its global growth outlook and as the United States and Europe locked horns over tariffs in a fresh escalation of trade tensions.

MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.1 per cent, a day after it hit its highest since August 1. The Shanghai Composite Index fell 0.4 per cent and Japan’s Nikkei lost 0.7 per cent.

Earlier in the day, the equity benchmark indices opened on a weak note on a day before the first round of polling for Lok Sabha elections, as investors awaited corporate earnings for 2018-19.

Renewed concern about a global economic slowdown and escalation in trade tensions contributed to the dull sentiment.

At 10:15 am, the BSE S&amp;P Sensex was down 48 points at 38,890 while the NSE Nifty 50 slipped 9 points to 11,663.

At the National Stock Exchange, most sectoral indices were in the green except IT and financial services.

Among early gainers were Cipla, Indiabulls Housing Finance, ONGC, Coal India and Kotak Mahindra Bank.

Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 1,212.35 crore on Tuesday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 688.65 crore, provisional data available with stock exchanges showed.

The rupee appreciated 17 paise to 69.12 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, was quoting marginally higher at USD 70.63 per barrel. 
 
(With inputs from agencies)

Domestic stock market saw a sudden plunge, sending the benchmark indices tumbling which were till then trading flat after a start in the red zone. At 2:21 PM, the S&P BSE Sensex had slumped 290 points, or 0.

Domestic stock market saw a sudden plunge, sending the benchmark indices tumbling which were till then trading flat after a start in the red zone. At 2:21 PM, the S&P BSE Sensex had slumped 290 points, or 0.75 per cent, to trade around 38,649, dragged down by the HDFC duos, TCS, ITC, and ICICI Bank. The Nifty50, too, dropped 75 points, or 0.64 per cent, to hover around 11,597. Asian shares also slipped from eight-month highs today as the International Monetary Fund lowered its global growth outlook and as the United States and Europe locked horns over tariffs in a fresh escalation of trade tensions. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.1 per cent, a day after it hit its highest since August 1. The Shanghai Composite Index fell 0.4 per cent and Japan’s Nikkei lost 0.7 per cent. Earlier in the day, the equity benchmark indices opened on a weak note on a day before the first round of polling for Lok Sabha elections, as investors awaited corporate earnings for 2018-19. Renewed concern about a global economic slowdown and escalation in trade tensions contributed to the dull sentiment. At 10:15 am, the BSE S&P Sensex was down 48 points at 38,890 while the NSE Nifty 50 slipped 9 points to 11,663. At the National Stock Exchange, most sectoral indices were in the green except IT and financial services. Among early gainers were Cipla, Indiabulls Housing Finance, ONGC, Coal India and Kotak Mahindra Bank. Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 1,212.35 crore on Tuesday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 688.65 crore, provisional data available with stock exchanges showed. The rupee appreciated 17 paise to 69.12 against the US dollar in early trade. Brent crude futures, the global oil benchmark, was quoting marginally higher at USD 70.63 per barrel. (With inputs from agencies)

Sensex falls over 300 points, Nifty breaks 11,600

Domestic equity benchmarks &nbsp;edged lower on Wednesday as investors traded with caution after the International Monetary Fund (IMF) lowered global economic growth outlook.

On Tuesday, the IMF reduced its global economic growth outlook by 0.2 percentage points to 3.3 per cent, citing the US-China trade war and a potential disorderly British exit from the European Union as key risks.&nbsp;

It also warned of high chances of further cuts to the outlook.

Losses in financials also weighed on the main board.&nbsp;

Asian shares slipped on the IMF downgrade, while the US President Donald Trump`s threat to impose tariffs on $11 billion worth of European Union products added to investor woes.&nbsp;

"While India maybe among the fastest-growing economies of the world, a slowdown in global growth would definitely hurt (the markets) along with factors like higher crude prices," said Siddhartha Khemka, head of retail research at Motilal Oswal Securities.

"Strong FII inflows over the last couple of months, which lifted domestic markets, could reduce and we could also see profit-booking."

The broader NSE Nifty was down 0.18 per cent at 11,651.45 as of 0633 GMT, while the benchmark BSE Sensex was 0.20 per cent lower at 38,859.83.

Cautious sentiment prevailed ahead of March-quarter earnings beginning later this week. Research firms Nomura and Jefferies forecast a weak quarter for Indian auto and oil and gas companies, citing weak volume growth and refining/petchem margins.

Nomura is optimistic on the pharmaceutical sector, saying prescription volumes have increased for most companies year-on-year as they gained market share. The index was up 0.7 per cent.

Among financials, index heavyweight HDFC Bank Ltd lead the decline. The private-sector lender was down 1.3 per cent.&nbsp;

Aluminium producer Hindalco Industries Ltd fell to its lowest in over a month after reporting a spillage at its Jharkhand plant. Stock fell as much as 3.45 per cent.

Among gainers, Reliance Industries Ltd and Oil and Natural Gas Corp Ltd rose over 1 per cent each, taking the energy index 0.2 per cent higher.

Domestic equity benchmarks edged lower on Wednesday as investors traded with caution after the International Monetary Fund (IMF) lowered global economic growth outlook.

Domestic equity benchmarks edged lower on Wednesday as investors traded with caution after the International Monetary Fund (IMF) lowered global economic growth outlook. On Tuesday, the IMF reduced its global economic growth outlook by 0.2 percentage points to 3.3 per cent, citing the US-China trade war and a potential disorderly British exit from the European Union as key risks. It also warned of high chances of further cuts to the outlook. Losses in financials also weighed on the main board. Asian shares slipped on the IMF downgrade, while the US President Donald Trump`s threat to impose tariffs on $11 billion worth of European Union products added to investor woes. "While India maybe among the fastest-growing economies of the world, a slowdown in global growth would definitely hurt (the markets) along with factors like higher crude prices," said Siddhartha Khemka, head of retail research at Motilal Oswal Securities. "Strong FII inflows over the last couple of months, which lifted domestic markets, could reduce and we could also see profit-booking." The broader NSE Nifty was down 0.18 per cent at 11,651.45 as of 0633 GMT, while the benchmark BSE Sensex was 0.20 per cent lower at 38,859.83. Cautious sentiment prevailed ahead of March-quarter earnings beginning later this week. Research firms Nomura and Jefferies forecast a weak quarter for Indian auto and oil and gas companies, citing weak volume growth and refining/petchem margins. Nomura is optimistic on the pharmaceutical sector, saying prescription volumes have increased for most companies year-on-year as they gained market share. The index was up 0.7 per cent. Among financials, index heavyweight HDFC Bank Ltd lead the decline. The private-sector lender was down 1.3 per cent. Aluminium producer Hindalco Industries Ltd fell to its lowest in over a month after reporting a spillage at its Jharkhand plant. Stock fell as much as 3.45 per cent. Among gainers, Reliance Industries Ltd and Oil and Natural Gas Corp Ltd rose over 1 per cent each, taking the energy index 0.2 per cent higher.

Nifty, Sensex fall on concerns of softening global growth

Domestic equity benchmarks opened on a flat note Tuesday ahead of the beginning of the earnings season and general elections amid lacklustre global cues.

The BSE Sensex was trading 35.69 points or 0.09 per cent higher at 38,736.22. The gauge had ended 161.70 points lower at 38,700.53 in the previous session.

Similarly, the NSE benchmark Nifty was trading 5.65 points or 0.05 per cent, higher at 11,598.85 in the early session.

Top gainers in the Sensex pack include HCL Tech, Tata Motors, Vedanta, Reliance, TCS, Coal India, L&amp;T, ICICI Bank, ITC and Bajaj Auto, rising up to 1.87 per cent.

On the other hand, Asian Paints Bharti Airtel, Kotak Bank, Bajaj Finance, SBI, Tata Steel and HDFC fell up to 1.72 per cent.

According to experts, investors have turned cautious on rise&nbsp;in oil prices and sharp rally in the last couple of months leading to a premium valuation of key indices. Additionally, general elections and the start of Q4 earnings season are adding to the cautiousness.

The market may see some profit booking in the near-term given sharp run-up in markets, they added.

Foreign institutional investors (FIIs) purchased Rs 329.60 crore Monday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 623.81 crore, provisional data available with stock exchanges showed.

Meanwhile, the rupee depreciated by 8 paise to 69.73 against the US dollar in early trade Tuesday on increased demand for the US currency from importers.

Brent crude futures, the global oil benchmark, fell 0.13 per cent to trade at $71.19 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading flat.&nbsp;

Domestic equity benchmarks opened on a flat note Tuesday ahead of the beginning of the earnings season and general elections amid lacklustre global cues. The BSE Sensex was trading 35.

Domestic equity benchmarks opened on a flat note Tuesday ahead of the beginning of the earnings season and general elections amid lacklustre global cues. The BSE Sensex was trading 35.69 points or 0.09 per cent higher at 38,736.22. The gauge had ended 161.70 points lower at 38,700.53 in the previous session. Similarly, the NSE benchmark Nifty was trading 5.65 points or 0.05 per cent, higher at 11,598.85 in the early session. Top gainers in the Sensex pack include HCL Tech, Tata Motors, Vedanta, Reliance, TCS, Coal India, L&T, ICICI Bank, ITC and Bajaj Auto, rising up to 1.87 per cent. On the other hand, Asian Paints Bharti Airtel, Kotak Bank, Bajaj Finance, SBI, Tata Steel and HDFC fell up to 1.72 per cent. According to experts, investors have turned cautious on rise in oil prices and sharp rally in the last couple of months leading to a premium valuation of key indices. Additionally, general elections and the start of Q4 earnings season are adding to the cautiousness. The market may see some profit booking in the near-term given sharp run-up in markets, they added. Foreign institutional investors (FIIs) purchased Rs 329.60 crore Monday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 623.81 crore, provisional data available with stock exchanges showed. Meanwhile, the rupee depreciated by 8 paise to 69.73 against the US dollar in early trade Tuesday on increased demand for the US currency from importers. Brent crude futures, the global oil benchmark, fell 0.13 per cent to trade at $71.19 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading flat.

Sensex, Nifty start on a cautious note

Equity benchmark indices experienced extreme swings on Tuesday as investors awaited corporate earnings for the previous fiscal year and the country heads for general elections beginning on Thursday.

Banking, auto, realty and metal stocks moved sharply in the positive zone two hours before the closing bell.

The BSE S&amp;P Sensex closed 237 points higher at 38,939 while the NSE Nifty 50 moved up 67 points at 11,672.

Among the prominent gainers were Yes Bank, ICICI Bank, Wipro, Tata Motors, Coal India and Vedanta.

Those which lost included Indiabulls Housing Finance, Asian Paints, Bharti Airtel, Infosys and Dr Reddy Labs.

Shares of Panacea Biotec gained 10 per cent after India Resurgence Fund and affiliates announced an investment of Rs 992 crore in the company.

Firstsource Solutions closed 6 per cent up after reports said Rakesh Jhunjhunwala has increased his stake during the March quarter from 2.89 to 3.26 per cent, as the stock was available cheaper in terms of valuations.

Meanwhile, Asian shares were mostly in the positive zone as investors braced for the upcoming crucial Brexit summit.

Market experts said the outcome of China`s trade talks with the United States and the European Union could add to some volatility to markets.

Equity benchmark indices experienced extreme swings on Tuesday as investors awaited corporate earnings for the previous fiscal year and the country heads for general elections beginning on Thursday.

Equity benchmark indices experienced extreme swings on Tuesday as investors awaited corporate earnings for the previous fiscal year and the country heads for general elections beginning on Thursday. Banking, auto, realty and metal stocks moved sharply in the positive zone two hours before the closing bell. The BSE S&P Sensex closed 237 points higher at 38,939 while the NSE Nifty 50 moved up 67 points at 11,672. Among the prominent gainers were Yes Bank, ICICI Bank, Wipro, Tata Motors, Coal India and Vedanta. Those which lost included Indiabulls Housing Finance, Asian Paints, Bharti Airtel, Infosys and Dr Reddy Labs. Shares of Panacea Biotec gained 10 per cent after India Resurgence Fund and affiliates announced an investment of Rs 992 crore in the company. Firstsource Solutions closed 6 per cent up after reports said Rakesh Jhunjhunwala has increased his stake during the March quarter from 2.89 to 3.26 per cent, as the stock was available cheaper in terms of valuations. Meanwhile, Asian shares were mostly in the positive zone as investors braced for the upcoming crucial Brexit summit. Market experts said the outcome of China`s trade talks with the United States and the European Union could add to some volatility to markets.

Stock markets volatile but close with Sensex 237 points up at 38,939

The BSE gauge Sensex was trading above crucial 39,000-level and the NSE Nifty was heading towards 11,700-mark in early trade on Monday, led by gains in metal, IT and capital goods stocks tracking robust Asian cues.

The 30-share Sensex opened higher at 38,993.60 against the Friday's close of 38,862.23. It was trading at 39,013.22, up 150.99 points or 0.39 per cent, in early deals.

Similarly, the broader NSE Nifty started on a positive note at 11,704.35 and rose further to 11,691.45, 25.50 points or 0.22 per cent higher in early trade.&nbsp;&nbsp; &nbsp;

Meanwhile, the Indian rupee was trading lower by 27 paise at 69.50 against the US dollar in early trade on Monday.

Asian markets opened mostly higher on Monday on the back of better-than-expected US jobs data and signs of progress in trade talks between Washington and Beijing.

On Friday, the BSE Sensex had logged 177.51 points or 0.49 per cent gains to close at 38,862.23; while the broader NSE Nifty rose 67.95 points, or 0.59 per cent, to 11,665.95.

During the week, the Sensex saw 182.32 points or 0.48 per cent rise; and the Nifty gained 42.05 points or 0.36 per cent.

Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 797.90 crore Friday, as per provisional data.

The BSE gauge Sensex was trading above crucial 39,000-level and the NSE Nifty was heading towards 11,700-mark in early trade on Monday, led by gains in metal, IT and capital goods stocks tracking robust Asian cues.

The BSE gauge Sensex was trading above crucial 39,000-level and the NSE Nifty was heading towards 11,700-mark in early trade on Monday, led by gains in metal, IT and capital goods stocks tracking robust Asian cues. The 30-share Sensex opened higher at 38,993.60 against the Friday's close of 38,862.23. It was trading at 39,013.22, up 150.99 points or 0.39 per cent, in early deals. Similarly, the broader NSE Nifty started on a positive note at 11,704.35 and rose further to 11,691.45, 25.50 points or 0.22 per cent higher in early trade. Meanwhile, the Indian rupee was trading lower by 27 paise at 69.50 against the US dollar in early trade on Monday. Asian markets opened mostly higher on Monday on the back of better-than-expected US jobs data and signs of progress in trade talks between Washington and Beijing. On Friday, the BSE Sensex had logged 177.51 points or 0.49 per cent gains to close at 38,862.23; while the broader NSE Nifty rose 67.95 points, or 0.59 per cent, to 11,665.95. During the week, the Sensex saw 182.32 points or 0.48 per cent rise; and the Nifty gained 42.05 points or 0.36 per cent. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 797.90 crore Friday, as per provisional data.

Sensex above 39,000, Nifty near 11,700-level in early deals

Equity benchmarks Sensex and Nifty were hit by volatility and registered losses on Monday as investors turned cautious ahead of the start of corporate earnings season and polling for the general elections.

The BSE gauge Sensex ended lower by 161.70 points at 38,700.53, while the NSE Nifty lost 61.45 points to settle the day at 11,604.50.

Losses mainly in financial, metal and energy stocks dragged the Sensex into the red.

Oil stocks came under pressure due to constant rise in global crude oil prices.

International benchmark Brent was trading at 70.81 per barrel, up 0.67 per cent.

Among the Sensex constituents, Yes Bank emerged as the biggest laggard with 2.66 per cent drop in share price. Other top losers were Bajaj Finance, Vedanta, Tata Motors, Reliance Industries and SBI -- dropping as much as 2.57 per cent.

On the other hand, Infosys, Mahindra and Mahindra, ONGC, TCS, PowerGrid and NTPC closed with significant gains on the Sensex chart.

Of the 30 Sensex shares, 20 witnessed losses and 10 saw gains.

The 30-share gauge opened higher at 38,993.60 against the previous close of 38,862.23. Intra-day, it hit a high of 39,041.25 and a low of 38,520.96, swinging over 520 points. The BSE benchmark finally settled at 38,700.53, losing 161.70 points or 0.42 per cent.

Similarly, the 50-share NSE Nifty started off on a positive note at 11,704.35 against the Friday's close of 11,665.95. The index traded in the range of 11,549.10 and 11,710.30 during the day. It swung over 161 points during the session. The NSE barometer finally closed at 11,604.50, up 61.45&nbsp; 
points or 0.53 per cent.

Market analysts believe that the upcoming corporate results season along with beginning of polling for general elections will drive trading sentiments over the next few weeks as investors will be keenly watching such developments.

The country's top two software exporters TCS and Infosys will announce their quarterly earnings on Friday.

Lok Sabha elections will begin on April 11 and will be held over seven phases followed by counting of votes on May 23.

Asian markets closed mixed on Monday, helped by better-than-expected US jobs data and signs of progress in US-China trade talks.

South Korea's KOSPI gained nearly 1 per cent and Hong Kong's Hang Seng index rose 0.41 per cent. While Japan's Nikkei slipped 0.21 per cent and China's Shanghai Composite index edged lower by 0.05 per cent.

In Europe, major market indices were trading mostly lower on Monday.

Meanwhile, the Indian rupee has started feeling the heat of rising crude prices and was trading 44 paise lower at 69.67 to the US dollar.

Besides, the strengthening US dollar on account of a rebound in payrolls data further impacted the rupee sentiment.

On Friday, the BSE Sensex had logged 177.51 points or 0.49 per cent gains to close at 38,862.23; while the broader NSE Nifty rose 67.95 points, or 0.59 per cent, to 11,665.95.

During the week, the Sensex saw 182.32 points or 0.48 per cent rise; and the Nifty gained 42.05 points, or 0.36 per cent.&nbsp;

Equity benchmarks Sensex and Nifty were hit by volatility and registered losses on Monday as investors turned cautious ahead of the start of corporate earnings season and polling for the general elections.

Equity benchmarks Sensex and Nifty were hit by volatility and registered losses on Monday as investors turned cautious ahead of the start of corporate earnings season and polling for the general elections. The BSE gauge Sensex ended lower by 161.70 points at 38,700.53, while the NSE Nifty lost 61.45 points to settle the day at 11,604.50. Losses mainly in financial, metal and energy stocks dragged the Sensex into the red. Oil stocks came under pressure due to constant rise in global crude oil prices. International benchmark Brent was trading at 70.81 per barrel, up 0.67 per cent. Among the Sensex constituents, Yes Bank emerged as the biggest laggard with 2.66 per cent drop in share price. Other top losers were Bajaj Finance, Vedanta, Tata Motors, Reliance Industries and SBI -- dropping as much as 2.57 per cent. On the other hand, Infosys, Mahindra and Mahindra, ONGC, TCS, PowerGrid and NTPC closed with significant gains on the Sensex chart. Of the 30 Sensex shares, 20 witnessed losses and 10 saw gains. The 30-share gauge opened higher at 38,993.60 against the previous close of 38,862.23. Intra-day, it hit a high of 39,041.25 and a low of 38,520.96, swinging over 520 points. The BSE benchmark finally settled at 38,700.53, losing 161.70 points or 0.42 per cent. Similarly, the 50-share NSE Nifty started off on a positive note at 11,704.35 against the Friday's close of 11,665.95. The index traded in the range of 11,549.10 and 11,710.30 during the day. It swung over 161 points during the session. The NSE barometer finally closed at 11,604.50, up 61.45 points or 0.53 per cent. Market analysts believe that the upcoming corporate results season along with beginning of polling for general elections will drive trading sentiments over the next few weeks as investors will be keenly watching such developments. The country's top two software exporters TCS and Infosys will announce their quarterly earnings on Friday. Lok Sabha elections will begin on April 11 and will be held over seven phases followed by counting of votes on May 23. Asian markets closed mixed on Monday, helped by better-than-expected US jobs data and signs of progress in US-China trade talks. South Korea's KOSPI gained nearly 1 per cent and Hong Kong's Hang Seng index rose 0.41 per cent. While Japan's Nikkei slipped 0.21 per cent and China's Shanghai Composite index edged lower by 0.05 per cent. In Europe, major market indices were trading mostly lower on Monday. Meanwhile, the Indian rupee has started feeling the heat of rising crude prices and was trading 44 paise lower at 69.67 to the US dollar. Besides, the strengthening US dollar on account of a rebound in payrolls data further impacted the rupee sentiment. On Friday, the BSE Sensex had logged 177.51 points or 0.49 per cent gains to close at 38,862.23; while the broader NSE Nifty rose 67.95 points, or 0.59 per cent, to 11,665.95. During the week, the Sensex saw 182.32 points or 0.48 per cent rise; and the Nifty gained 42.05 points, or 0.36 per cent.

Sensex, Nifty end lower in volatile trade; financial, metal stocks weigh

The BSE benchmark Sensex jumped over 200 points in early trade Friday led by gains in realty, metal, oil and gas and banking stocks amid positive global cues on hopes of a trade deal between the US and China.

The BSE gauge Sensex was trading 200.69 points, or 0.52 per cent, higher at 38,885.41. The 30-share Sensex index settled 192.40 points, or 0.49 per cent, lower at 38,684.72 in its previous session.

Similarly, the NSE benchmark Nifty rose 60.45 points, or 0.52 per cent, to 11,658.45 in the early session.

Top gainers in the Sensex pack include IndusInd Bank, Yes Bank, Infosys, TCS, Vedanta, M&amp;M, Kotak Bank, M&amp;M, Sun Pharma, ONGC and ICICI Bank, rising up to 1.60 per cent.

On the other hand, Asian Paints, Hero MotoCorp, Bharti Airtel, PowerGrid, HUL, Maruti and SBI were the top losers, falling up to 0.74 per cent.

According to traders, investors followed cues from other Asian markets which were trading on a positive note US President Donald Trump on Friday said the United States and China are close to entering into a trade agreement and something very "monumental" could be announced in next four weeks.

Top Chinese and US officials are meeting in Washington to reach an agreement after the world's two biggest economies entered into a trade war and imposed tariffs on more than USD 360 billion in two-way trade.

Investors were cautious about the downward revision in GDP growth to 7.2 per cent for FY20 by the Reserve Bank of India, while premium valuation and concerns over monsoon further impacted the sentiment. However, dovish view by global central banks and likely better results in Q4FY19 can stabilise the market in the near future, experts said.

Meanwhile, foreign institutional investors (FIIs) pulled out Rs 226.19 crore Thursday, and domestic institutional investors (DIIs) bought equities to the tune of Rs 1,206.16 crore, provisional data available with stock exchanges showed.

On the macro front, the rupee appreciated 10 paise to trade at 69.07 to the US dollar in early trade on Friday.

Brent crude futures, the global oil benchmark, fell 0.22 per cent to trade at USD 69.25 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading positively.

The BSE benchmark Sensex jumped over 200 points in early trade Friday led by gains in realty, metal, oil and gas and banking stocks amid positive global cues on hopes of a trade deal between the US and China.

The BSE benchmark Sensex jumped over 200 points in early trade Friday led by gains in realty, metal, oil and gas and banking stocks amid positive global cues on hopes of a trade deal between the US and China. The BSE gauge Sensex was trading 200.69 points, or 0.52 per cent, higher at 38,885.41. The 30-share Sensex index settled 192.40 points, or 0.49 per cent, lower at 38,684.72 in its previous session. Similarly, the NSE benchmark Nifty rose 60.45 points, or 0.52 per cent, to 11,658.45 in the early session. Top gainers in the Sensex pack include IndusInd Bank, Yes Bank, Infosys, TCS, Vedanta, M&M, Kotak Bank, M&M, Sun Pharma, ONGC and ICICI Bank, rising up to 1.60 per cent. On the other hand, Asian Paints, Hero MotoCorp, Bharti Airtel, PowerGrid, HUL, Maruti and SBI were the top losers, falling up to 0.74 per cent. According to traders, investors followed cues from other Asian markets which were trading on a positive note US President Donald Trump on Friday said the United States and China are close to entering into a trade agreement and something very "monumental" could be announced in next four weeks. Top Chinese and US officials are meeting in Washington to reach an agreement after the world's two biggest economies entered into a trade war and imposed tariffs on more than USD 360 billion in two-way trade. Investors were cautious about the downward revision in GDP growth to 7.2 per cent for FY20 by the Reserve Bank of India, while premium valuation and concerns over monsoon further impacted the sentiment. However, dovish view by global central banks and likely better results in Q4FY19 can stabilise the market in the near future, experts said. Meanwhile, foreign institutional investors (FIIs) pulled out Rs 226.19 crore Thursday, and domestic institutional investors (DIIs) bought equities to the tune of Rs 1,206.16 crore, provisional data available with stock exchanges showed. On the macro front, the rupee appreciated 10 paise to trade at 69.07 to the US dollar in early trade on Friday. Brent crude futures, the global oil benchmark, fell 0.22 per cent to trade at USD 69.25 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading positively.

Sensex rises over 200 points amid positive global cues on US-China trade deal

The BSE Sensex ended 178 points higher Friday led by gains in metal, realty and IT stocks amid positive cues from the global markets on optimism over the US-China trade talks.

The 30-share Sensex index jumped 177.51 points, or 0.49 per cent, to close at 38,862.23, while the broader NSE Nifty rose 67.95 points, or 0.59 per cent, to 11,665.95.

Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&amp;M and ITC.

On the other hand, SBI, PowerGrid, Hero MotoCorp, NTPC, Sun Pharma, HUL, HCL Tech, Yes Bank and Asian Paints were among the top losers, shedding up to 1.46 per cent.

The market ended on a positive note with broad-based gains post two days of consolidation supported by favourable global cues on account of progress in US-China trade talks, said Vinod Nair, Head of Research, Geojit Financial Services.

US President Donald Trump on Friday said the United States and China are close to a trade agreement and something very "monumental" could be announced in the next four weeks.

Top Chinese and US officials are meeting in Washington to reach an agreement after the world's two biggest economies imposed tariffs on goods worth more than $360 billion.

"Metals and IT index outperformed given improvement in global investor sentiment and dollar strength. Mid and small caps were outperforming on account of relative value buying opportunities compared to large caps. Going ahead, investors focus will be on Q4 results season starting next&nbsp; 
week," Nair added.

The BSE metal, realty, Teck, IT, basic materials, finance and oil and gas indices ended in the green, gaining up to 2.03 per cent.

Broader indices too ended on a positive note, with the BSE Midcap and Smallcap rising up to 0.72 per cent.

Meanwhile, foreign institutional investors (FIIs) pulled out a net Rs 226.19 crore Thursday, while domestic institutional investors (DIIs) net bought equities to the tune of Rs 1,206.16 crore, provisional data available with stock exchanges showed.

In Asia, Korea's Kospi inched up 0.14 per cent, Japan's Nikkei climbed 0.38 per cent and Topix gained 0.35 per cent.

In Europe, Frankfurt's DAX was down 0.16 per cent, while Paris CAC 40 rose 0.07 per cent, and London's FTSE moved up 0.07 per cent in early deals. 
On the macro front, the benchmark Brent crude futures slipped 0.30 per cent to $69.19 per barrel.

The rupee depreciated 7 paise to 69.24 against the US dollar intra-day.&nbsp;

The BSE Sensex ended 178 points higher Friday led by gains in metal, realty and IT stocks amid positive cues from the global markets on optimism over the US-China trade talks.

The BSE Sensex ended 178 points higher Friday led by gains in metal, realty and IT stocks amid positive cues from the global markets on optimism over the US-China trade talks. The 30-share Sensex index jumped 177.51 points, or 0.49 per cent, to close at 38,862.23, while the broader NSE Nifty rose 67.95 points, or 0.59 per cent, to 11,665.95. Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC. On the other hand, SBI, PowerGrid, Hero MotoCorp, NTPC, Sun Pharma, HUL, HCL Tech, Yes Bank and Asian Paints were among the top losers, shedding up to 1.46 per cent. The market ended on a positive note with broad-based gains post two days of consolidation supported by favourable global cues on account of progress in US-China trade talks, said Vinod Nair, Head of Research, Geojit Financial Services. US President Donald Trump on Friday said the United States and China are close to a trade agreement and something very "monumental" could be announced in the next four weeks. Top Chinese and US officials are meeting in Washington to reach an agreement after the world's two biggest economies imposed tariffs on goods worth more than $360 billion. "Metals and IT index outperformed given improvement in global investor sentiment and dollar strength. Mid and small caps were outperforming on account of relative value buying opportunities compared to large caps. Going ahead, investors focus will be on Q4 results season starting next week," Nair added. The BSE metal, realty, Teck, IT, basic materials, finance and oil and gas indices ended in the green, gaining up to 2.03 per cent. Broader indices too ended on a positive note, with the BSE Midcap and Smallcap rising up to 0.72 per cent. Meanwhile, foreign institutional investors (FIIs) pulled out a net Rs 226.19 crore Thursday, while domestic institutional investors (DIIs) net bought equities to the tune of Rs 1,206.16 crore, provisional data available with stock exchanges showed. In Asia, Korea's Kospi inched up 0.14 per cent, Japan's Nikkei climbed 0.38 per cent and Topix gained 0.35 per cent. In Europe, Frankfurt's DAX was down 0.16 per cent, while Paris CAC 40 rose 0.07 per cent, and London's FTSE moved up 0.07 per cent in early deals. On the macro front, the benchmark Brent crude futures slipped 0.30 per cent to $69.19 per barrel. The rupee depreciated 7 paise to 69.24 against the US dollar intra-day.

Sensex ends 178 points higher, Nifty tops 11,600

Domestic equity benchmarks opened on a cautious note Thursday ahead of the outcome of Reserve Bank of India's first bi-monthly monetary policy review for fiscal 2019-20.

The BSE gauge Sensex was trading a tad above the psychological 39,000-level in early deals, up 24.13 points or 0.06 per cent at 38,901.25. The 30-share index had settled 179.53 points, or 0.46 per cent lower, at 38,877.12 in the previous session.

Similarly, the NSE benchmark Nifty was trading 15.70 points, or 0.13 per cent, higher at 11,659.65 in early session.

Top gainers in the Sensex pack include Bharti Airtel, Asian Paints, Axis Bank, Tata Motors, PowerGrid, Hero MotoCorp, Bajaj Finance, HUL, Maruti and Bajaj Auto, rising up to 2.33 per cent.

On the other hand, HCL Tech, Yes Bank, Tata Steel, ONGC, Infosys, Vedanta and ITC were among the top losers, shedding up to 2.82 per cent.

Investors were cautious ahead of RBI's bi-monthly monetary policy review, scheduled to be announced before noon on Thursday.

The RBI's Monetary Policy Committee (MPC) is holding a three-day meeting between April 2-4 for the first policy statement for financial year 2019-20.

According to experts, RBI is expected to cut rates by 25 basis points and adopt a pro-growth stance. However, expectation of poor rainfall and already slow economic growth alongside subdued inflation may pressurise RBI to go for a higher rate cut.

Market sentiment was also subdued after foreign investors turned net sellers in the previous trading session, traders said.

Foreign institutional investors (FIIs) pulled out Rs 1,040.48 crore Wednesday, and domestic institutional investors (DIIs) sold equities to the tune of Rs 80.83 crore, provisional data available with stock exchanges showed.

Meanwhile, the rupee depreciated 20 paise to trade at 68.61 to the US dollar in early trade on Wednesday.

Brent crude futures, the global oil benchmark, fell 0.06 per cent to trade at USD 69.27 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading positive.&nbsp;

Domestic equity benchmarks opened on a cautious note Thursday ahead of the outcome of Reserve Bank of India's first bi-monthly monetary policy review for fiscal 2019-20.

Domestic equity benchmarks opened on a cautious note Thursday ahead of the outcome of Reserve Bank of India's first bi-monthly monetary policy review for fiscal 2019-20. The BSE gauge Sensex was trading a tad above the psychological 39,000-level in early deals, up 24.13 points or 0.06 per cent at 38,901.25. The 30-share index had settled 179.53 points, or 0.46 per cent lower, at 38,877.12 in the previous session. Similarly, the NSE benchmark Nifty was trading 15.70 points, or 0.13 per cent, higher at 11,659.65 in early session. Top gainers in the Sensex pack include Bharti Airtel, Asian Paints, Axis Bank, Tata Motors, PowerGrid, Hero MotoCorp, Bajaj Finance, HUL, Maruti and Bajaj Auto, rising up to 2.33 per cent. On the other hand, HCL Tech, Yes Bank, Tata Steel, ONGC, Infosys, Vedanta and ITC were among the top losers, shedding up to 2.82 per cent. Investors were cautious ahead of RBI's bi-monthly monetary policy review, scheduled to be announced before noon on Thursday. The RBI's Monetary Policy Committee (MPC) is holding a three-day meeting between April 2-4 for the first policy statement for financial year 2019-20. According to experts, RBI is expected to cut rates by 25 basis points and adopt a pro-growth stance. However, expectation of poor rainfall and already slow economic growth alongside subdued inflation may pressurise RBI to go for a higher rate cut. Market sentiment was also subdued after foreign investors turned net sellers in the previous trading session, traders said. Foreign institutional investors (FIIs) pulled out Rs 1,040.48 crore Wednesday, and domestic institutional investors (DIIs) sold equities to the tune of Rs 80.83 crore, provisional data available with stock exchanges showed. Meanwhile, the rupee depreciated 20 paise to trade at 68.61 to the US dollar in early trade on Wednesday. Brent crude futures, the global oil benchmark, fell 0.06 per cent to trade at USD 69.27 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading positive.

Sensex, Nifty start on a cautious note ahead of RBI policy outcome

The rupee appreciated by 9 paise to 68.65 against the US dollar in opening trade Wednesday, driven by the weakening of the greenback in overseas markets and sustained foreign inflows.

The rupee opened at 68.72 at the interbank forex market, then gained further ground and touched a high of 68.56. The local unit, however, pared some gains and was quoted at 68.65 against the American currency at 0926 hrs, displaying gains of 9 paise over its last close.

On Tuesday, the rupee had settled at 68.74 against the US dollar.

Forex dealers said, selling of the American currency by exporters, fresh foreign fund inflows and positive opening in domestic equities supported the rupee.

Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 543.36 crore on a net basis Tuesday, as per provisional data.

Brent crude futures, the global oil benchmark, rose 0.49 per cent to $69.71 per barrel.

Meanwhile, the BSE benchmark Sensex was quoted above 39,200-level and the NSE Nifty went past the key 11,700-mark in early deals Wednesday.

The rupee appreciated by 9 paise to 68.65 against the US dollar in opening trade Wednesday, driven by the weakening of the greenback in overseas markets and sustained foreign inflows.

The rupee appreciated by 9 paise to 68.65 against the US dollar in opening trade Wednesday, driven by the weakening of the greenback in overseas markets and sustained foreign inflows. The rupee opened at 68.72 at the interbank forex market, then gained further ground and touched a high of 68.56. The local unit, however, pared some gains and was quoted at 68.65 against the American currency at 0926 hrs, displaying gains of 9 paise over its last close. On Tuesday, the rupee had settled at 68.74 against the US dollar. Forex dealers said, selling of the American currency by exporters, fresh foreign fund inflows and positive opening in domestic equities supported the rupee. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 543.36 crore on a net basis Tuesday, as per provisional data. Brent crude futures, the global oil benchmark, rose 0.49 per cent to $69.71 per barrel. Meanwhile, the BSE benchmark Sensex was quoted above 39,200-level and the NSE Nifty went past the key 11,700-mark in early deals Wednesday.

Rupee rises 9 paise to 68.65 against US dollar in early trade

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