Defying the early morning trends, Sensex&nbsp;recovered and surged over 100 points.&nbsp;

In the early morning trade, the Sensex was down 867 points&nbsp;as the BJP began trailing&nbsp;in Gujarat election polls.

Nifty also slumped 258.45 points to 10,074.80 as early leads in Gujarat&nbsp;assembly polls began to trickle in.

<a href="http://www.wionews.com/india-news/2017himachal-pradesh-elections-himachal-poll-live-results-27015">Though the BJP took the lead immediately after the counting started,</a> the trend reversed with Congress closing the gap. However, the BJP established its lead in the polls and is now leading in more than 100 seats.&nbsp;

Meanwhile, Rupee tumbled&nbsp;68 paise to 64.72 against the dollar after early trends in Gujarat and Himachal Pradesh poll results.

&nbsp;

Rupee tumbled?68 paise to 64.72 against the dollar after early trends in Gujarat and Himachal Pradesh poll results

Defying the early morning trends, Sensex recovered and surged over 100 points. In the early morning trade, the Sensex was down 867 points as the BJP began trailing in Gujarat election polls. Nifty also slumped 258.45 points to 10,074.80 as early leads in Gujarat assembly polls began to trickle in. Though the BJP took the lead immediately after the counting started, the trend reversed with Congress closing the gap. However, the BJP established its lead in the polls and is now leading in more than 100 seats. Meanwhile, Rupee tumbled 68 paise to 64.72 against the dollar after early trends in Gujarat and Himachal Pradesh poll results.

Sensex recovers after early shock, surges over 100 points

The stock market maintained a steady line after a strong opening today as exit polls predicted that the BJP would win Gujarat and Himachal Pradesh assembly elections.

The 30-share BSE index came off its early high but was still up 269.51 points -- 0.81 per cent -- at 33,516.21 at 1128 hours.

For the 50-share Nifty, the reading was above the key 10,300-mark at 10,342.55, a gain of 90.45 points, or 0.88 per cent.

Coal India, which advanced 2.55 per cent, was in the lead. HDFC, Bajaj Auto, Adani Ports and L&amp;T too advanced.

Foreign portfolio investors (FPIs) net bought shares worth Rs 232.17 crore yesterday. But domestic institutional investors (DIIs) offloaded equities to the tune of Rs 374.21 crore.

Overseas, Asian markets edged lower, with Japanese and Hong Kong markets leading the decline after US markets closed in the red.

US stocks closed lower yesterday as a few Senators raised some concerns about the tax bill. PTI PAK ARD

The 30-share BSE index came off its early high, but was still up 269.51 points -- 0.81 per cent -- at 33,516.21 at 1128 hours.

The stock market maintained a steady line after a strong opening today as exit polls predicted that the BJP would win Gujarat and Himachal Pradesh assembly elections. The 30-share BSE index came off its early high but was still up 269.51 points -- 0.81 per cent -- at 33,516.21 at 1128 hours. For the 50-share Nifty, the reading was above the key 10,300-mark at 10,342.55, a gain of 90.45 points, or 0.88 per cent. Coal India, which advanced 2.55 per cent, was in the lead. HDFC, Bajaj Auto, Adani Ports and L&T too advanced. Foreign portfolio investors (FPIs) net bought shares worth Rs 232.17 crore yesterday. But domestic institutional investors (DIIs) offloaded equities to the tune of Rs 374.21 crore. Overseas, Asian markets edged lower, with Japanese and Hong Kong markets leading the decline after US markets closed in the red. US stocks closed lower yesterday as a few Senators raised some concerns about the tax bill. PTI PAK ARD

Sensex zooms over Gujarat, Himachal exit poll results

Indian shares rose on Thursday, rebounding from two days of losses, after the US&nbsp;Federal Reserve raised rates but kept its outlook unchanged, although caution lingered ahead of the release of exit polls from elections in Gujarat.

The benchmark BSE Sensex closed up 0.59 per cent at 33,246.7 while the broader NSE Nifty ended 0.58 per cent higher at 10,252.1. The indexes fell as much as 0.50 per cent each earlier in the day.

Caution lingered ahead of the release of exit polls from elections in Gujarat

Indian shares rose on Thursday, rebounding from two days of losses, after the US Federal Reserve raised rates but kept its outlook unchanged, although caution lingered ahead of the release of exit polls from elections in Gujarat. The benchmark BSE Sensex closed up 0.59 per cent at 33,246.7 while the broader NSE Nifty ended 0.58 per cent higher at 10,252.1. The indexes fell as much as 0.50 per cent each earlier in the day.

Sensex ends higher; Gujarat exit polls in focus

The stock market set the clock back today as the Sensex tumbled 228 points -- in a break with three sessions of gains -- after investor worry heightened over rising global oil prices ahead of inflation numbers.

Participants were at a crossroads as they had a clutch of macro pointers such as industrial production (IIP) and inflation in their sights, slated for release after market hours. Other Asian shares turned weak.

The Sensex closed at 33,227.99, down 227.80 points, or 0.68 per cent. The gauge had rallied 858.61 points in the previous three sessions.

The broader Nifty settled below the key 10,300-level, down 82.10 points, or 0.80 per cent, at 10,240.15.

&quot;With few cues to push ahead, the caution ahead of key macroeconomic release weighed on prices. Asian peers also offered little support with dollar&#39;s firmness ahead of key major central banks&#39; meetings. With pre-Budget talks under way, markets are also weighing the likelihood of the government levying taxes on long-term capital gains,&quot; said Anand James, Chief Market Strategist, Geojit Financial Services.

Realty, power and banking were in the grip of selling.

Global Brent crude oil prices jumped above the USD 65 a barrel for the first time since 2015, which could spoil any chance of rate reduction by the Reserve Bank, traders said.

Losses in oil marketers such as HPCL, BPCL and IOC stocks too weighed.

The Federal Reserve, which is scheduled to issue an interest rate policy update on Wednesday, kicks off its meeting. It is expected to lift rates by 0.25 per cent.

Back home, in the Sensex pack, Coal India tanked the most, losing 2.45 per cent, followed by Cipla, down 2.17 per cent, after participants took profit off the table.

Other major losers were Hero MotoCorp, TCS, Tata Steel, ITC and L&amp;T.

Dr Reddy&#39;s took a different trajectory, advancing the most by 2.83 per cent after the company said it has received Establishment Inspection Report (EIR) from the USFDA for its Hyderabad facility.

Adani Ports, ONGC, Lupin, Infosys, SBI and Maruti Suzuki too rose.

On the sectoral front, telecom fell by the widest margin of 2.12 per cent. Realty, power and FMCG lost too.

A weak trend also extended to the broader markets, with BSE mid-cap and small-cap indices retreating up to 1.01 per cent.

Foreign portfolio investors (FPIs) turned net sellers, diluting shares net Rs 185.60 crore yesterday while domestic institutional investors (DIIs) bought equities to the tune of Rs 108.94 crore, as per provisional data. PTI

The broader Nifty settled below the key 10,300 level, down 82.10 points, or 0.80%, at 10,240.15

The stock market set the clock back today as the Sensex tumbled 228 points -- in a break with three sessions of gains -- after investor worry heightened over rising global oil prices ahead of inflation numbers. Participants were at a crossroads as they had a clutch of macro pointers such as industrial production (IIP) and inflation in their sights, slated for release after market hours. Other Asian shares turned weak. The Sensex closed at 33,227.99, down 227.80 points, or 0.68 per cent. The gauge had rallied 858.61 points in the previous three sessions. The broader Nifty settled below the key 10,300-level, down 82.10 points, or 0.80 per cent, at 10,240.15. "With few cues to push ahead, the caution ahead of key macroeconomic release weighed on prices. Asian peers also offered little support with dollar's firmness ahead of key major central banks' meetings. With pre-Budget talks under way, markets are also weighing the likelihood of the government levying taxes on long-term capital gains," said Anand James, Chief Market Strategist, Geojit Financial Services. Realty, power and banking were in the grip of selling. Global Brent crude oil prices jumped above the USD 65 a barrel for the first time since 2015, which could spoil any chance of rate reduction by the Reserve Bank, traders said. Losses in oil marketers such as HPCL, BPCL and IOC stocks too weighed. The Federal Reserve, which is scheduled to issue an interest rate policy update on Wednesday, kicks off its meeting. It is expected to lift rates by 0.25 per cent. Back home, in the Sensex pack, Coal India tanked the most, losing 2.45 per cent, followed by Cipla, down 2.17 per cent, after participants took profit off the table. Other major losers were Hero MotoCorp, TCS, Tata Steel, ITC and L&T. Dr Reddy's took a different trajectory, advancing the most by 2.83 per cent after the company said it has received Establishment Inspection Report (EIR) from the USFDA for its Hyderabad facility. Adani Ports, ONGC, Lupin, Infosys, SBI and Maruti Suzuki too rose. On the sectoral front, telecom fell by the widest margin of 2.12 per cent. Realty, power and FMCG lost too. A weak trend also extended to the broader markets, with BSE mid-cap and small-cap indices retreating up to 1.01 per cent. Foreign portfolio investors (FPIs) turned net sellers, diluting shares net Rs 185.60 crore yesterday while domestic institutional investors (DIIs) bought equities to the tune of Rs 108.94 crore, as per provisional data. PTI

Caution on inflation puts stocks to test, Sensex slides 228 points

Indian shares rose on Monday, tracking Asian peers that climbed on positive US payrolls and Chinese trade data, with investors continuing to bet on a possible win for the country&#39;s ruling party in a key state election.&nbsp;

Markets are hoping for a big success by Prime Minister Narendra Modi and his ruling Bharatiya Janata Party in assembly elections in Gujarat, with tens of thousands voting in the first stage of the polls on Saturday.

A victory would help boost the government&#39;s re-election prospects during general elections in 2019 and reinforce its reform agenda, although analysts said it was already being priced into markets, making the margin of a win crucial to further boost shares.&nbsp;Three recent big polls have predicted a victory for Modi&#39;s party, but with a greatly reduced majority.&nbsp;

&quot;If BJP wins, it&#39;s definitely good for the markets, but unless they win by a landslide like they did in Uttar Pradesh and surprise everyone, markets (NSE index) should remain rangebound in the 10,000-10,500 levels&quot;, said R.K. Gupta, managing director at Taurus Asset Management Company.&nbsp;

The broader NSE Nifty was up 0.30 per cent at 10,296.35 as of 0619 GMT, while the benchmark BSE Sensex was 0.35 per cent higher at 33,365.35.

The gains also tracked a 0.4 per cent increase in Asia shares ex-Japan after strong US payrolls data and better-than-expected Chinese trade data on Friday.&nbsp;

The PSU bank index rose as much as 1.7 per cent, with constituent State Bank of India up as much as 2 per cent.

Private sector lenders Axis Bank and HDFC Bank were up about 0.5 per cent each.&nbsp;Property developer Unitech Ltd rose as much as 19.2 per cent after a court allowed the government to take over management control of the debt-laden company on Friday.

Banks such as State Bank of India, Axis Bank, and HDFC Bank saw a rise in share prices. BSE Sensex and NSE Nifty climbed on Monday

Indian shares rose on Monday, tracking Asian peers that climbed on positive US payrolls and Chinese trade data, with investors continuing to bet on a possible win for the country's ruling party in a key state election. Markets are hoping for a big success by Prime Minister Narendra Modi and his ruling Bharatiya Janata Party in assembly elections in Gujarat, with tens of thousands voting in the first stage of the polls on Saturday. A victory would help boost the government's re-election prospects during general elections in 2019 and reinforce its reform agenda, although analysts said it was already being priced into markets, making the margin of a win crucial to further boost shares. Three recent big polls have predicted a victory for Modi's party, but with a greatly reduced majority. "If BJP wins, it's definitely good for the markets, but unless they win by a landslide like they did in Uttar Pradesh and surprise everyone, markets (NSE index) should remain rangebound in the 10,000-10,500 levels", said R.K. Gupta, managing director at Taurus Asset Management Company. The broader NSE Nifty was up 0.30 per cent at 10,296.35 as of 0619 GMT, while the benchmark BSE Sensex was 0.35 per cent higher at 33,365.35. The gains also tracked a 0.4 per cent increase in Asia shares ex-Japan after strong US payrolls data and better-than-expected Chinese trade data on Friday. The PSU bank index rose as much as 1.7 per cent, with constituent State Bank of India up as much as 2 per cent. Private sector lenders Axis Bank and HDFC Bank were up about 0.5 per cent each. Property developer Unitech Ltd rose as much as 19.2 per cent after a court allowed the government to take over management control of the debt-laden company on Friday.

Nifty, Sensex gain in early trade

Market benchmark Sensex surged 301 points to close at 33,250.30 today on unabated buying by domestic institutional investors amid positive global leads.&nbsp;The wider NSE Nifty too went past the 10,250-level.&nbsp;

The 30-share BSE Sensex opened on a strong footing at 33,034.20 and maintained its upward trend to hit the day&#39;s high of 33,285.68 before ending at 33,250.30, up 301.09 points, or 0.91 per cent.&nbsp;The index had rallied 352.03 points in the previous session on value-buying by investors in recently-battered blue-chip stocks.

The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.&nbsp;

On a weekly basis, the Sensex gained 417.36 points, or 1.27 per cent, while the Nifty advanced 143.85 points or 1.42 per cent.

Most Asian and European markets rallied as investors awaited major economic data from China and the US amid overnight gains at Wall Street following reports that President Donald Trump is planning to unveil a big-spending public works plan.

Most Asian and European markets rallied as investors awaited major economic data from China and the US

Market benchmark Sensex surged 301 points to close at 33,250.30 today on unabated buying by domestic institutional investors amid positive global leads. The wider NSE Nifty too went past the 10,250-level. The 30-share BSE Sensex opened on a strong footing at 33,034.20 and maintained its upward trend to hit the day's high of 33,285.68 before ending at 33,250.30, up 301.09 points, or 0.91 per cent. The index had rallied 352.03 points in the previous session on value-buying by investors in recently-battered blue-chip stocks. The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25. On a weekly basis, the Sensex gained 417.36 points, or 1.27 per cent, while the Nifty advanced 143.85 points or 1.42 per cent. Most Asian and European markets rallied as investors awaited major economic data from China and the US amid overnight gains at Wall Street following reports that President Donald Trump is planning to unveil a big-spending public works plan.

Sensex soars 301 pts, reclaims 33,000-mark

Benchmark BSE Sensex regained the key 33,000 mark at the start of trading today after buying by retail investors and domestic institutions gathered momentum amid strong global cues.

The broader NSE Nifty too went past the 10,200-level.

The 30-share Sensex was trading higher by 190.36 points, or 0.57 per cent, at 33,139.57, with all sectoral indices in the green, led by consumer durables, bank, metal and auto.

The gauge had rallied 352.03 points yesterday.

The NSE Nifty too rose 60.65 points, or 0.59 per cent, at 10,227.35 in early trade today.

Brokers said unabated buying by retail and domestic institutional investors and a firm trend in other Asian markets influenced sentiment here.

Prominent gainers included Tata Motors, Bharti Airtel, Adani Ports, ICICI Bank, Axis Bank, Maruti Suzuki, ONGC, HDFC Bank, HDFC Ltd, Bajaj Auto, Wipro, TCS, Cipla and SBI, gaining up to 1.68 per cent.

Japan&#39;s Nikkei was up 1.22 per cent while Hong Kong&#39;s Hang Seng rose 0.57 per cent in early trade today. Shanghai Composite, however, shed 0.08 per cent.

The US Dow Jones Industrial Average ended 0.29 per cent higher in yesterday&#39;s trade.&nbsp;

Benchmark BSE Sensex regained the key 33,000 mark at the start of trading today after buying by retail investors and domestic institutions gathered momentum amid strong global cues.

Benchmark BSE Sensex regained the key 33,000 mark at the start of trading today after buying by retail investors and domestic institutions gathered momentum amid strong global cues. The broader NSE Nifty too went past the 10,200-level. The 30-share Sensex was trading higher by 190.36 points, or 0.57 per cent, at 33,139.57, with all sectoral indices in the green, led by consumer durables, bank, metal and auto. The gauge had rallied 352.03 points yesterday. The NSE Nifty too rose 60.65 points, or 0.59 per cent, at 10,227.35 in early trade today. Brokers said unabated buying by retail and domestic institutional investors and a firm trend in other Asian markets influenced sentiment here. Prominent gainers included Tata Motors, Bharti Airtel, Adani Ports, ICICI Bank, Axis Bank, Maruti Suzuki, ONGC, HDFC Bank, HDFC Ltd, Bajaj Auto, Wipro, TCS, Cipla and SBI, gaining up to 1.68 per cent. Japan's Nikkei was up 1.22 per cent while Hong Kong's Hang Seng rose 0.57 per cent in early trade today. Shanghai Composite, however, shed 0.08 per cent. The US Dow Jones Industrial Average ended 0.29 per cent higher in yesterday's trade.

Sensex reclaims 33,000-mark, up 190 points

Sensex surged nearly 400 points today with capital goods, auto, power, metal, banks, gas and telecom stocks leading the way on Thursday.

BSE Sensex ended 1.08 per cent higher at 32,949.21 ensuring biggest single-day rise since November 1.

The Nifty closed up 1.22 per cent at 10,166.70, the biggest single-day gain since May 25.

The NSE Nifty reclaimed the 10,000 level rising to 10,150 during the day.

Bharti Airtel rose over 5 per cent and Idea Cellular rose 4.5 per cent in intra-day trade.

State-run GAIL rose over 7 per cent with Mahanagar Gas, Indraprastha Gas and Petronet LNG leading the rally today.

The Nifty closed up 1.22 per cent at 10,166.70, the biggest single-day gain since May 25.

Sensex surged nearly 400 points today with capital goods, auto, power, metal, banks, gas and telecom stocks leading the way on Thursday. BSE Sensex ended 1.08 per cent higher at 32,949.21 ensuring biggest single-day rise since November 1. The Nifty closed up 1.22 per cent at 10,166.70, the biggest single-day gain since May 25. The NSE Nifty reclaimed the 10,000 level rising to 10,150 during the day. Bharti Airtel rose over 5 per cent and Idea Cellular rose 4.5 per cent in intra-day trade. State-run GAIL rose over 7 per cent with Mahanagar Gas, Indraprastha Gas and Petronet LNG leading the rally today.

Sensex surges over 350 points on auto, gas and bank stocks

The benchmark sensex staged a strong comeback in early trade today gaining over 149 points on widespread buying by participants amid positive Asian cues.

The 30-share index was trading higher by 149.05 points or 0.46 per cent at 32,746.23. All the sectoral indices led by capital goods, power, oil &amp; gas and PSU were trading in the green with gains of up to 1.20 per cent.

The gauge had lost 205 points yesterday following the Reserve Bank&#39;s decision to leave interest rates unchanged and raised the inflation forecast for the remainder of the current fiscal to 4.3-4.7 per cent.&nbsp;Also, the NSE Nifty recovered by 49.25 points or 0.49 per cent to 10,093.35.

Major gainers were Tata Steel, L&amp;T, Hero MotoCorp, Adani Ports, Bajaj Auto, Maruti Suzuki, Hindustan Unilever, Bharti Airtel, NTPC, Power Grid, Axis Bank, SBI, and ICICI Bank, rising up to 1.32 per cent.&nbsp;Brokers said buying by Domestic Institutional Investors (DIIs) and a firm trend in other Asian bourses improved the market sentiment.

DIIs had bought shares worth Rs 995.11 crore, while foreign funds sold shares to the tune of Rs 1,217.92 crore yesterday, the provisional exchange data showed.

In the Asian region, Hong Kong&#39;s Hang Seng was up 0.10 per cent while Japan&#39;s Nikkei gained 1.27 per cent in early trade today. Shanghai Composite Index, however, shed 0.52 per cent.&nbsp;The US Dow Jones Industrial Average ended 0.16 per cent down yesterday.&nbsp;

The sensex staged a strong comeback on widespread buying by participants amid positive Asian cues. Some of the major gainers were Tata Steel, L&T, Hero MotoCorp, Adani Ports and Bajaj Auto

The benchmark sensex staged a strong comeback in early trade today gaining over 149 points on widespread buying by participants amid positive Asian cues. The 30-share index was trading higher by 149.05 points or 0.46 per cent at 32,746.23. All the sectoral indices led by capital goods, power, oil & gas and PSU were trading in the green with gains of up to 1.20 per cent. The gauge had lost 205 points yesterday following the Reserve Bank's decision to leave interest rates unchanged and raised the inflation forecast for the remainder of the current fiscal to 4.3-4.7 per cent. Also, the NSE Nifty recovered by 49.25 points or 0.49 per cent to 10,093.35. Major gainers were Tata Steel, L&T, Hero MotoCorp, Adani Ports, Bajaj Auto, Maruti Suzuki, Hindustan Unilever, Bharti Airtel, NTPC, Power Grid, Axis Bank, SBI, and ICICI Bank, rising up to 1.32 per cent. Brokers said buying by Domestic Institutional Investors (DIIs) and a firm trend in other Asian bourses improved the market sentiment. DIIs had bought shares worth Rs 995.11 crore, while foreign funds sold shares to the tune of Rs 1,217.92 crore yesterday, the provisional exchange data showed. In the Asian region, Hong Kong's Hang Seng was up 0.10 per cent while Japan's Nikkei gained 1.27 per cent in early trade today. Shanghai Composite Index, however, shed 0.52 per cent. The US Dow Jones Industrial Average ended 0.16 per cent down yesterday.

Sensex rebounds 149 points in early trade

The benchmark BSE Sensex fell further by 100 points in early trade today due to selling in interest-sensitive stocks ahead of RBI&#39;s policy announcement later in the day.

The rupee&#39;s weakness against the dollar too dampened the overall mood.

The 30-share index fell 100.07 points, or 0.30 per cent, to 32,702.37, with sectoral indices of banking, auto, metal and PSU trading dropping up to 1.76 per cent.

The gauge had lost 67.28 points in the previous session.

The NSE Nifty too shed 39.15 points, or 0.38 per cent, to settle at 10,079.10.

Brokers said sentiment remained somewhat subdued as investors kept their positions at a low ebb amid expectation that the central bank may keep rates unchanged.

Major losers were SBI, ICICI Bank, HDFC Bank, Axis Bank, HDFC Ltd, Maruti Suzuki, Bajaj Auto, Hero MotoCorp, Tata Steel, ITC Ltd and Wipro.

Among the Asian bourses, Hong Kong&#39;s Hang Seng was down 1.12 per cent while Japan&#39;s Nikkei shed 0.90 per cent. Shanghai Composite Index too fell 0.61 per cent in early trade today.

The US Dow Jones Industrial Average ended 0.45 per cent lower yesterday.

The 30-share index fell 100.07 points, or 0.30 per cent, to 32,702.37

The benchmark BSE Sensex fell further by 100 points in early trade today due to selling in interest-sensitive stocks ahead of RBI's policy announcement later in the day. The rupee's weakness against the dollar too dampened the overall mood. The 30-share index fell 100.07 points, or 0.30 per cent, to 32,702.37, with sectoral indices of banking, auto, metal and PSU trading dropping up to 1.76 per cent. The gauge had lost 67.28 points in the previous session. The NSE Nifty too shed 39.15 points, or 0.38 per cent, to settle at 10,079.10. Brokers said sentiment remained somewhat subdued as investors kept their positions at a low ebb amid expectation that the central bank may keep rates unchanged. Major losers were SBI, ICICI Bank, HDFC Bank, Axis Bank, HDFC Ltd, Maruti Suzuki, Bajaj Auto, Hero MotoCorp, Tata Steel, ITC Ltd and Wipro. Among the Asian bourses, Hong Kong's Hang Seng was down 1.12 per cent while Japan's Nikkei shed 0.90 per cent. Shanghai Composite Index too fell 0.61 per cent in early trade today. The US Dow Jones Industrial Average ended 0.45 per cent lower yesterday.

Sensex down 100 points as RBI policy decision looms

The benchmark BSE Sensex fell over 108 points in opening trade following a cautious stance adopted by participants ahead of the RBI policy review amid weak Asian cues.

The 30-share index fell by 108.10 points, or 0.32 percent, to 32,761.62 as power, metal, infrastructure, capital goods, IT, tech, banking and auto stocks declined. 
 
The gauge had gained 36.78 points in the previous volatile session.

The NSE Nifty too was quoting 28.30 points, or 0.27 per cent, down at 10,099.45.

The RBI&#39;s two-day monetary policy review kicks off today and the decision is due tomorrow. This has led to selling by investors, which added to the negative mood. 
 
Weak Asian cues as technology stocks tracked a sell-off in their US counterparts that saw the Nasdaq tumbling over 1 per cent overnight, weighed on the sentiments, brokers said.

Major losers that dragged down the key indices include Adani Ports, NTPC, Tata Steel, Power Grid, Bajaj Auto, Wipro, Coal India, Hero MotoCorp, HDFC Bank, ONGC, L&amp;T, Dr Reddy&#39;s and SBI.

Among other Asian markets, Hong Kong&#39;s Hang Seng was down 0.39 percent while Japan&#39;s Nikkei shed 0.42 per cent in early session today. Shanghai Composite Index too shed 0.02 per cent. PTI

The NSE Nifty too was quoting 28.30 points, or 0.27%, down at 10,099.45

The benchmark BSE Sensex fell over 108 points in opening trade following a cautious stance adopted by participants ahead of the RBI policy review amid weak Asian cues. The 30-share index fell by 108.10 points, or 0.32 percent, to 32,761.62 as power, metal, infrastructure, capital goods, IT, tech, banking and auto stocks declined. The gauge had gained 36.78 points in the previous volatile session. The NSE Nifty too was quoting 28.30 points, or 0.27 per cent, down at 10,099.45. The RBI's two-day monetary policy review kicks off today and the decision is due tomorrow. This has led to selling by investors, which added to the negative mood. Weak Asian cues as technology stocks tracked a sell-off in their US counterparts that saw the Nasdaq tumbling over 1 per cent overnight, weighed on the sentiments, brokers said. Major losers that dragged down the key indices include Adani Ports, NTPC, Tata Steel, Power Grid, Bajaj Auto, Wipro, Coal India, Hero MotoCorp, HDFC Bank, ONGC, L&T, Dr Reddy's and SBI. Among other Asian markets, Hong Kong's Hang Seng was down 0.39 percent while Japan's Nikkei shed 0.42 per cent in early session today. Shanghai Composite Index too shed 0.02 per cent. PTI

Sensex slips 108 points ahead of RBI meet, on Asian cues

&nbsp;Indian stocks rose on Monday as Infosys Ltd rallied on hopes that the appointment of a new CEO would help the company move on from a feud between its board and founders that had pummelled shares.

Sentiment was also lifted by stronger Asian shares after the passage of a tax bill by the U.S. Senate on Saturday, although worries that the bill would lead to liquidity tightening in emerging markets weighed on investors.&nbsp;

Any gains in Indian shares are also likely to be capped ahead of the Reserve Bank of India`s policy meeting on Wednesday. Although the central bank is widely expected to keep rates on hold, investors will watch for any hints of a cut at the February meeting in its statement.&nbsp;

&quot;We had a positive opening in line with Asian peers. We also had some index heavyweights supporting positivity, putting a temporary stop to the negativity that we had seen late last week,&quot; said Anand James, chief market strategist, Geojit Financial Services.

However, markets still look a little hesitant going into the last month of the year, he added.

The broader NSE Nifty was up 0.27 percent at 10,149.25 as of 0635 GMT, while the benchmark BSE Sensex was 0.32 percent higher at 32,938.69. Both indexes were headed for their first session of gain in five.

Infosys shares rose as much as 4 percent after the IT services company on Saturday named Salil Parekh as its new chief executive, handing him the twin challenges of reviving growth and forging peace between its founders and board following a public spat.

Infosys led gains on the Nifty IT index, which rose as much as 1.4 percent.

Among other top gainers on the NSE index, Tata Motors Ltd gained as much as 3.1 percent after posting a 58 percent jump in domestic commercial and passenger vehicles sales in November.

Biocon Ltd hit a record high after the drugmaker and its partner Mylan NV received U.S. FDA approval for generic cancer drug Ogivri.

Infosys shares rose as much as 4 percent after the IT services company on Saturday named Salil Parekh as its new chief executive

Indian stocks rose on Monday as Infosys Ltd rallied on hopes that the appointment of a new CEO would help the company move on from a feud between its board and founders that had pummelled shares. Sentiment was also lifted by stronger Asian shares after the passage of a tax bill by the U.S. Senate on Saturday, although worries that the bill would lead to liquidity tightening in emerging markets weighed on investors. Any gains in Indian shares are also likely to be capped ahead of the Reserve Bank of India`s policy meeting on Wednesday. Although the central bank is widely expected to keep rates on hold, investors will watch for any hints of a cut at the February meeting in its statement. "We had a positive opening in line with Asian peers. We also had some index heavyweights supporting positivity, putting a temporary stop to the negativity that we had seen late last week," said Anand James, chief market strategist, Geojit Financial Services. However, markets still look a little hesitant going into the last month of the year, he added. The broader NSE Nifty was up 0.27 percent at 10,149.25 as of 0635 GMT, while the benchmark BSE Sensex was 0.32 percent higher at 32,938.69. Both indexes were headed for their first session of gain in five. Infosys shares rose as much as 4 percent after the IT services company on Saturday named Salil Parekh as its new chief executive, handing him the twin challenges of reviving growth and forging peace between its founders and board following a public spat. Infosys led gains on the Nifty IT index, which rose as much as 1.4 percent. Among other top gainers on the NSE index, Tata Motors Ltd gained as much as 3.1 percent after posting a 58 percent jump in domestic commercial and passenger vehicles sales in November. Biocon Ltd hit a record high after the drugmaker and its partner Mylan NV received U.S. FDA approval for generic cancer drug Ogivri.

Sensex rises; Infosys jumps as CEO appointment brings peace hopes

Markets nursed losses for the fourth straight session today as upbeat second-quarter GDP numbers failed to dispel concerns over a widening fiscal deficit.

The BSE benchmark Sensex dived 316 points to close below the 33,000-mark, while the broader Nifty declined 104.75 points to 10,121.80.

It was a forgettable week for both the key indices, with the Sensex recording a fall of 846.30 points, or 2.51 per cent and the NSE Nifty losing 267.90 points, or 2.57 per cent.

&quot;Despite data pointing to an improvement in the macro- economic environment, participants remained cautious and chose to sell stocks in the latter half of the trading day,&quot; said Karthikraj Lakshmanan, Senior Fund Manager, Equities, BNP Paribas Mutual Fund.

The 30-share benchmark, after scaling a high of 33,300.81 in early deals, slipped into the negative zone to touch 32,797.78, before settling at 32,832.94, down 316.41 points, or 0.95 per cent.

This was its weakest closing since November 15, when it had finished at 32,760.44.

The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.

Reversing a five-quarter slide in Gross Domestic Product (GDP) growth, the economy bounced back from a three-year low to expand by 6.3 per cent in July-September as manufacturing revved up and businesses adjusted to the new GST tax regime, data released after market hours yesterday showed.

However, participants remained risk-averse as India&#39;s fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017-18, mainly due to lower revenue realisation and rise in expenditure.

Meanwhile, foreign portfolio investors sold shares worth net Rs 1,500.76 crore, while domestic institutional investors (DIIs) bought shares to the tune of Rs 1,202.57 crore yesterday, as per provisional data.

Small and mid-cap indices fell 1.16 per cent and 0.95 per cent in today&#39;s session, respectively.

The session saw buying in select auto stocks such as Maruti Suzuki, TVS Motor and Ashok Leyland, buoyed by encouraging sales data for November.

Among Sensex constituents, Adani Ports suffered the most by diving 3 per cent, followed by Bajaj Auto 2.99 per cent despite the company reporting a 21 per cent rise in total sales in November.

Other big losers were Bharti Airtel (2.74 per cent), Sun Pharma (2.59 per cent), SBI (2.47 per cent), Dr Reddy&#39;s (2.44 per cent), Tata Steel (2.08 per cent), HUL (1.71 per cent), Infosys (1.69 per cent), Power Grid (1.51 per cent), Coal India (1.43 per cent), RIL (1.38 per cent), Tata Motors (1.36 per cent), HDFC LTD (1.11 per cent) and Hero MotoCorp (0.97 per cent).

However, Kotak Bank rose 0.23 per cent followed by NTPC 0.14 per cent.

Among BSE sectoral indices, realty dropped by 1.99 per cent followed by metal 1.75 per cent, infrastructure 1.63 per cent, oil &amp; gas 1.47 per cent, PSU 1.46 per cent, teck 1.43 per cent, power 1.38 per cent, IT 1.29 per cent and auto 0.99 per cent.

Globally, other Asian markets traded mixed after investors shifted nervously as US President Donald Trump&#39;s much-hyped tax-cut plans hung in the balance after a plan to push them through hit unexpected hurdles.

Hong Kong&#39;s Hang Seng finished 0.35 per cent lower, while Korea fell 0.04 per cent. Japan&#39;s Nikkei, however, rose 0.41 per cent and Shanghai Composite Index edged up 0.01 per cent.

European shares were down in their early deals. Frankfurt&#39;s DAX was down 0.77 per cent and Paris CAC 40 lost 0.76 per cent. London&#39;s FTSE too fell 0.18 per cent.

Markets nursed losses for the fourth straight session today as upbeat second-quarter GDP numbers failed to dispel concerns over a widening fiscal deficit

Markets nursed losses for the fourth straight session today as upbeat second-quarter GDP numbers failed to dispel concerns over a widening fiscal deficit. The BSE benchmark Sensex dived 316 points to close below the 33,000-mark, while the broader Nifty declined 104.75 points to 10,121.80. It was a forgettable week for both the key indices, with the Sensex recording a fall of 846.30 points, or 2.51 per cent and the NSE Nifty losing 267.90 points, or 2.57 per cent. "Despite data pointing to an improvement in the macro- economic environment, participants remained cautious and chose to sell stocks in the latter half of the trading day," said Karthikraj Lakshmanan, Senior Fund Manager, Equities, BNP Paribas Mutual Fund. The 30-share benchmark, after scaling a high of 33,300.81 in early deals, slipped into the negative zone to touch 32,797.78, before settling at 32,832.94, down 316.41 points, or 0.95 per cent. This was its weakest closing since November 15, when it had finished at 32,760.44. The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80. Reversing a five-quarter slide in Gross Domestic Product (GDP) growth, the economy bounced back from a three-year low to expand by 6.3 per cent in July-September as manufacturing revved up and businesses adjusted to the new GST tax regime, data released after market hours yesterday showed. However, participants remained risk-averse as India's fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017-18, mainly due to lower revenue realisation and rise in expenditure. Meanwhile, foreign portfolio investors sold shares worth net Rs 1,500.76 crore, while domestic institutional investors (DIIs) bought shares to the tune of Rs 1,202.57 crore yesterday, as per provisional data. Small and mid-cap indices fell 1.16 per cent and 0.95 per cent in today's session, respectively. The session saw buying in select auto stocks such as Maruti Suzuki, TVS Motor and Ashok Leyland, buoyed by encouraging sales data for November. Among Sensex constituents, Adani Ports suffered the most by diving 3 per cent, followed by Bajaj Auto 2.99 per cent despite the company reporting a 21 per cent rise in total sales in November. Other big losers were Bharti Airtel (2.74 per cent), Sun Pharma (2.59 per cent), SBI (2.47 per cent), Dr Reddy's (2.44 per cent), Tata Steel (2.08 per cent), HUL (1.71 per cent), Infosys (1.69 per cent), Power Grid (1.51 per cent), Coal India (1.43 per cent), RIL (1.38 per cent), Tata Motors (1.36 per cent), HDFC LTD (1.11 per cent) and Hero MotoCorp (0.97 per cent). However, Kotak Bank rose 0.23 per cent followed by NTPC 0.14 per cent. Among BSE sectoral indices, realty dropped by 1.99 per cent followed by metal 1.75 per cent, infrastructure 1.63 per cent, oil & gas 1.47 per cent, PSU 1.46 per cent, teck 1.43 per cent, power 1.38 per cent, IT 1.29 per cent and auto 0.99 per cent. Globally, other Asian markets traded mixed after investors shifted nervously as US President Donald Trump's much-hyped tax-cut plans hung in the balance after a plan to push them through hit unexpected hurdles. Hong Kong's Hang Seng finished 0.35 per cent lower, while Korea fell 0.04 per cent. Japan's Nikkei, however, rose 0.41 per cent and Shanghai Composite Index edged up 0.01 per cent. European shares were down in their early deals. Frankfurt's DAX was down 0.77 per cent and Paris CAC 40 lost 0.76 per cent. London's FTSE too fell 0.18 per cent.

Sensex shrugs off GDP rebound, sinks 316 points

Indian shares edged lower on Friday as economic growth data came in largely as expected, failing to boost a market weighed down by concerns about the country`s fiscal deficit and global risk factors such as rising crude prices. 
 
Data late on Thursday showed India`s gross domestic product grew 6.3 percent in July-September, in line with expectations, as businesses started to overcome troubles after the bumpy launch of a national sales tax.

The data failed to lift sentiment after India reported its fiscal deficit reached 96 percent of the budgeted target for the fiscal year ending in March 2018, sending shares sharply lower on Thursday. The Reserve Bank of India (RBI) is also meeting next week at a time of rising concern about a rally in crude prices, which rose following OPEC`s decision to extend production curbs.

Nearly all analysts expect the central bank to keep rates on hold.&nbsp;

&quot;Since there was a sharp run-up in the markets last week, there is a bit of profit-booking. Even though the GDP number is along expected lines, there is concern building up on the fiscal deficit front,&quot; said Hitesh Agarwal, EVP &amp; Head &ndash; Retail Research, Religare Securities Ltd.

The broader NSE Nifty was down 0.15 percent at 10,211.40 as of 0644 GMT, while the benchmark BSE Sensex was 0.12 percent lower at 33,108.34. Both indexes were down around 1.7 percent for the week, heading for their biggest weekly loss since late September.

Indiabulls Housing Finance Ltd led losses on the NSE index, falling as much as 2.1 percent. The stock had gained in the last five sessions. Banking stocks weighed on both indexes ahead of the RBI meeting. State Bank of India fell as much as 0.9 percent while ICICI Bank Ltd lost 0.8 percent.

However, the Nifty auto index gained about 1 percent as automakers reported sales for November. A private survey on Friday showed factory activity accelerated last month to the fastest pace since late last year, driven by a surge in new orders.

Maruti Suzuki India Ltd rose 1.1 percent after posting a 14 percent rise in November sales. Tata Motors Ltd, expected to report later in the day, rose as much as 1.4 percent.

Data late on Thursday showed India`s gross domestic product grew 6.3 percent in July-September

Indian shares edged lower on Friday as economic growth data came in largely as expected, failing to boost a market weighed down by concerns about the country`s fiscal deficit and global risk factors such as rising crude prices. Data late on Thursday showed India`s gross domestic product grew 6.3 percent in July-September, in line with expectations, as businesses started to overcome troubles after the bumpy launch of a national sales tax. The data failed to lift sentiment after India reported its fiscal deficit reached 96 percent of the budgeted target for the fiscal year ending in March 2018, sending shares sharply lower on Thursday. The Reserve Bank of India (RBI) is also meeting next week at a time of rising concern about a rally in crude prices, which rose following OPEC`s decision to extend production curbs. Nearly all analysts expect the central bank to keep rates on hold. "Since there was a sharp run-up in the markets last week, there is a bit of profit-booking. Even though the GDP number is along expected lines, there is concern building up on the fiscal deficit front," said Hitesh Agarwal, EVP & Head – Retail Research, Religare Securities Ltd. The broader NSE Nifty was down 0.15 percent at 10,211.40 as of 0644 GMT, while the benchmark BSE Sensex was 0.12 percent lower at 33,108.34. Both indexes were down around 1.7 percent for the week, heading for their biggest weekly loss since late September. Indiabulls Housing Finance Ltd led losses on the NSE index, falling as much as 2.1 percent. The stock had gained in the last five sessions. Banking stocks weighed on both indexes ahead of the RBI meeting. State Bank of India fell as much as 0.9 percent while ICICI Bank Ltd lost 0.8 percent. However, the Nifty auto index gained about 1 percent as automakers reported sales for November. A private survey on Friday showed factory activity accelerated last month to the fastest pace since late last year, driven by a surge in new orders. Maruti Suzuki India Ltd rose 1.1 percent after posting a 14 percent rise in November sales. Tata Motors Ltd, expected to report later in the day, rose as much as 1.4 percent.

Sensex slips as fiscal deficit concerns weigh; banks fall

The benchmark BSE Sensex recovered by about 68 points in early trade today on the back of fresh gains in blue-chips like Reliance Industries, ITC and Infosys.

The 30-share index recovered 67.90 points, or 0.20 per cent, to 33,686.49, with sectoral indices led by PSU, consumer durables, infrastructure, capital goods, healthcare and IT advancing up to 0.42 per cent.

The barometer had lost 105.85 points in the previous session.

Also, the NSE Nifty was up 21.65 points, or 0.20 per cent, at 10,391.90.

Brokers said a fresh spell of buying triggered by a mixed trend in some other Asian bourses following overnight gains in the US markets buoyed the sentiment.

Besides, covering-up pending short positions by speculators ahead of November series expiry in the derivatives segment supported the upmove, they said.

Major gainers were Coal India, ONGC, Dr Reddy&#39;s, Reliance Industries, NTPC, Cipla, L&amp;T, Tata Motors, ITC Ltd, Infosys, Bajaj Auto and SBI, gaining up to 2.11 per cent.

Elsewhere in Asia, Japan&#39;s Nikkei rose 0.40 per cent in early trade today, shrugging off North Korea&#39;s latest launch of an intercontinental ballistic missile that splashed down in Japan&#39;s exclusive economic zone. Shanghai Composite index, however, shed 0.49 per cent and Hong Kong&#39;s Hang Send down 0.36 per cent.

The US Dow Jones Industrial Average closed higher by 1.09 per cent in yesterday.&nbsp;

The Nifty was also up 21.65 points to 10,391.90

The benchmark BSE Sensex recovered by about 68 points in early trade today on the back of fresh gains in blue-chips like Reliance Industries, ITC and Infosys. The 30-share index recovered 67.90 points, or 0.20 per cent, to 33,686.49, with sectoral indices led by PSU, consumer durables, infrastructure, capital goods, healthcare and IT advancing up to 0.42 per cent. The barometer had lost 105.85 points in the previous session. Also, the NSE Nifty was up 21.65 points, or 0.20 per cent, at 10,391.90. Brokers said a fresh spell of buying triggered by a mixed trend in some other Asian bourses following overnight gains in the US markets buoyed the sentiment. Besides, covering-up pending short positions by speculators ahead of November series expiry in the derivatives segment supported the upmove, they said. Major gainers were Coal India, ONGC, Dr Reddy's, Reliance Industries, NTPC, Cipla, L&T, Tata Motors, ITC Ltd, Infosys, Bajaj Auto and SBI, gaining up to 2.11 per cent. Elsewhere in Asia, Japan's Nikkei rose 0.40 per cent in early trade today, shrugging off North Korea's latest launch of an intercontinental ballistic missile that splashed down in Japan's exclusive economic zone. Shanghai Composite index, however, shed 0.49 per cent and Hong Kong's Hang Send down 0.36 per cent. The US Dow Jones Industrial Average closed higher by 1.09 per cent in yesterday.

BSE Sensex gains 68 points in early trade on global cues

Indian shares rose for a fourth consecutive session on Tuesday, boosted by Reliance Industries Ltd after Goldman Sachs raised its target price on the stock.

Goldman Sachs raised the target price on Reliance by 26 percent to 1,205 rupees and added the stock to its &lsquo;conviction list&rsquo; with a &lsquo;buy&rsquo; rating. The investment bank also expects the company&rsquo;s core earnings to double over the next three years. Reliance shares gained as much as 2 per cent.

The broader NSE Nifty was up 0.41 per cent at 10,341.05 as of 0637 GMT, while the benchmark BSE Sensex was 0.44 per cent higher at 33,507.26.

The Nifty Pharma index rose 2.2 per cent with Dr. Reddy&rsquo;s Laboratories Ltd gaining 9.65 per cent after the company got Establishment Inspection Report from the U.S. FDA for its Duvvada facility at Vishakapatnam.

Broader Asian markets were trading higher after strong German economic data boosted sentiment.

MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan was up 0.8 per cent.

&ldquo;Markets are riding on momentum and though there could be profit-booking by derivatives expiry next week, I expect Nifty to cross 10,500,&rdquo; said Krish Subramanyam, co-head - equity advisor at Altamount Capital.

Logistics firms gained after the government granted infrastructure status to the sector to help enable easy access to loans. Allcargo Logistics Ltd rose as much as 3.8 per cent.

Quess Corp Ltd surged as much as 9.5 percent after agreeing to buy a 51 per cent stake in Tata Business Support Services Ltd.

Among losers, L&amp;T Finance Holdings Ltd fell 3.9 percent after IFR reported that Citigroup is selling a 2.15 per cent stake in the company.

Indian shares rose for a fourth consecutive session on Tuesday, boosted by Reliance Industries Ltd after Goldman Sachs raised its target price on the stock

Indian shares rose for a fourth consecutive session on Tuesday, boosted by Reliance Industries Ltd after Goldman Sachs raised its target price on the stock. Goldman Sachs raised the target price on Reliance by 26 percent to 1,205 rupees and added the stock to its ‘conviction list’ with a ‘buy’ rating. The investment bank also expects the company’s core earnings to double over the next three years. Reliance shares gained as much as 2 per cent. The broader NSE Nifty was up 0.41 per cent at 10,341.05 as of 0637 GMT, while the benchmark BSE Sensex was 0.44 per cent higher at 33,507.26. The Nifty Pharma index rose 2.2 per cent with Dr. Reddy’s Laboratories Ltd gaining 9.65 per cent after the company got Establishment Inspection Report from the U.S. FDA for its Duvvada facility at Vishakapatnam. Broader Asian markets were trading higher after strong German economic data boosted sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.8 per cent. “Markets are riding on momentum and though there could be profit-booking by derivatives expiry next week, I expect Nifty to cross 10,500,” said Krish Subramanyam, co-head - equity advisor at Altamount Capital. Logistics firms gained after the government granted infrastructure status to the sector to help enable easy access to loans. Allcargo Logistics Ltd rose as much as 3.8 per cent. Quess Corp Ltd surged as much as 9.5 percent after agreeing to buy a 51 per cent stake in Tata Business Support Services Ltd. Among losers, L&T Finance Holdings Ltd fell 3.9 percent after IFR reported that Citigroup is selling a 2.15 per cent stake in the company.

Sensex rises for fourth day; Reliance, pharma lead

The benchmark The benchmark surged <a href="http://www.wionews.com/world/moodys-upgrades-indias-credit-rating-first-time-since-2004-24407">414 points in early trade as Moody&#39;s upgraded</a> India&#39;s credit ratings.

Nifty also rallied climbing to 10,339.15 in opening trade.&nbsp;

Moody&rsquo;s said the goods and services tax(GST) will &quot;promote productivity&quot;, also forecasting India&#39;s GDP growth to grow at of 6.7 per cent for the fiscal year ended March 2018, with 7.5 per cent in 2019 and &quot;similarly robust&quot; levels from 2019 onward.

The credit agency also raised India&rsquo;s long-term foreign-currency bond ceiling to Baa1 from Baa2, and the long-term foreign-currency bank deposit ceiling to Baa2 from Baa3.&nbsp; 
&nbsp;

Nifty also rallied climbing to 10,339.15 in opening trade.?

The benchmark The benchmark surged 414 points in early trade as Moody's upgraded India's credit ratings. Nifty also rallied climbing to 10,339.15 in opening trade. Moody’s said the goods and services tax(GST) will "promote productivity", also forecasting India's GDP growth to grow at of 6.7 per cent for the fiscal year ended March 2018, with 7.5 per cent in 2019 and "similarly robust" levels from 2019 onward. The credit agency also raised India’s long-term foreign-currency bond ceiling to Baa1 from Baa2, and the long-term foreign-currency bank deposit ceiling to Baa2 from Baa3.

Sensex surges over 400 points after Moody's India upgrade

The benchmark BSE Sensex gained 103 points in early trade, extending gains for the third day on Monday as the government unveiled its new GST rates on Friday evening.

The NSE Nifty was up 11.25 points at 10,333 points.

On Friday, the GST Council had slashed the list of items in the top 28 per cent GST slab to 50 from 228 with the effect clearly seen in the markets on Monday.

As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, except five-star hotels.

&nbsp;M&amp;M, Axis Bank, Hindustan Unilever, TCS, SBI and NTPC, rose&nbsp;by up to 2.10 per cent in early trade.

However, Anil Ambani-controlled Reliance Communications Ltd&#39;s(RCom) shares slumped for the fourth day today after the company posted fourth straight quarterly loss.&nbsp;

RCom shares fell as much as 12.1 per cent in morning trade. 
&nbsp;

The NSE Nifty was up 11.25 points at 10,333 points.

The benchmark BSE Sensex gained 103 points in early trade, extending gains for the third day on Monday as the government unveiled its new GST rates on Friday evening. The NSE Nifty was up 11.25 points at 10,333 points. On Friday, the GST Council had slashed the list of items in the top 28 per cent GST slab to 50 from 228 with the effect clearly seen in the markets on Monday. As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, except five-star hotels. M&M, Axis Bank, Hindustan Unilever, TCS, SBI and NTPC, rose by up to 2.10 per cent in early trade. However, Anil Ambani-controlled Reliance Communications Ltd's(RCom) shares slumped for the fourth day today after the company posted fourth straight quarterly loss. RCom shares fell as much as 12.1 per cent in morning trade.

Sensex rises 103 points, RCom slumps

The BSE Sensex fell by over 97 points in early trade today, retreating from its record highs, on profit booking in metal, oil &amp; gas, banking, teck and PSU stocks after a recent rally.

Besides, capital outflows by foreign funds and a mixed trend at other Asian bourses and caution ahead of earnings from some more bluechip companies this week influenced the sentiment, brokers said.

The 30-share index retreated by 97.19 points or 0.28 per cent to 33,588.37 points as against Friday&#39;s record close of 33,685.56. It also touched an all-time high (intra-day) of 33,733.71.

The gauge had gained 1,121.34 in the previous session on Friday.

Sectoral indices led by metal, oil &amp; gas, banking, teck, and PSU were trading in the red, falling up to 0.95 per cent.

The NSE Nifty too slipped from a record by falling 31.10 points, or 0.29 per cent to 10,421.40. It had closed at record high of 10,452.50 after scaling an intra-day record of 10,461.70 on Friday.

Foreign portfolio investors (FPIs) sold shares worth a net Rs 9,690.84 crore on Friday, according to provisional data released by stock exchanges.

Laggards that pulled down the key indices from the record were Bharti Airtel, Reliance Industries, Asian paint, Tata Steel, Kotak Bank, NTPC, Axis Bank, ICICI Bank, Dr Reddy&#39;s, L&amp;T, Infosys and Tata Motors with losses of up to 2.24 per cent.

ONGC, Mahindra and Mahindra and Adani Ports rose up to 1.69 per cent. Gains of up to 1 per cent in HDFC Bank, ITC and Hindustan Unilever capped the Sensex losses.

Other Asian markets were mixed with Hong Kong&#39;s Hang Seng dropping 1.13 per cent while Japan&#39;s Nikkei moving up by 0.05 per cent in early trade. The Shanghai Composite Index shed 0.18 per cent.

The US Dow Jones Industrial Average ended 0.10 per cent higher in Friday&#39;s trade.

Besides, capital outflows by foreign funds and a mixed trend at other Asian bourses and caution ahead of earnings from some more bluechip companies this week influenced the sentiment, brokers said

The BSE Sensex fell by over 97 points in early trade today, retreating from its record highs, on profit booking in metal, oil & gas, banking, teck and PSU stocks after a recent rally. Besides, capital outflows by foreign funds and a mixed trend at other Asian bourses and caution ahead of earnings from some more bluechip companies this week influenced the sentiment, brokers said. The 30-share index retreated by 97.19 points or 0.28 per cent to 33,588.37 points as against Friday's record close of 33,685.56. It also touched an all-time high (intra-day) of 33,733.71. The gauge had gained 1,121.34 in the previous session on Friday. Sectoral indices led by metal, oil & gas, banking, teck, and PSU were trading in the red, falling up to 0.95 per cent. The NSE Nifty too slipped from a record by falling 31.10 points, or 0.29 per cent to 10,421.40. It had closed at record high of 10,452.50 after scaling an intra-day record of 10,461.70 on Friday. Foreign portfolio investors (FPIs) sold shares worth a net Rs 9,690.84 crore on Friday, according to provisional data released by stock exchanges. Laggards that pulled down the key indices from the record were Bharti Airtel, Reliance Industries, Asian paint, Tata Steel, Kotak Bank, NTPC, Axis Bank, ICICI Bank, Dr Reddy's, L&T, Infosys and Tata Motors with losses of up to 2.24 per cent. ONGC, Mahindra and Mahindra and Adani Ports rose up to 1.69 per cent. Gains of up to 1 per cent in HDFC Bank, ITC and Hindustan Unilever capped the Sensex losses. Other Asian markets were mixed with Hong Kong's Hang Seng dropping 1.13 per cent while Japan's Nikkei moving up by 0.05 per cent in early trade. The Shanghai Composite Index shed 0.18 per cent. The US Dow Jones Industrial Average ended 0.10 per cent higher in Friday's trade.

Sensex slips from record level, down 97 points

The Sensex surged 112 points to end at a fresh high of&nbsp;33,686 on Friday. The Nifty too hit reached a record of 10,452.50 after rising 29 points.

The 30-stock benchmark had opened at a record high in the morning too&nbsp;as financials gained, while healthcare and energy stocks edged lower as investors took a breather after a prolonged rally.

Investor sentiment has been upbeat in India with the government&rsquo;s recent announcement of a recapitalisation plan for banks.

Shares of Bharti Airtel Ltd surged as much as four per cent during the day to their highest level in over a decade. The stock has risen nearly 78 per cent this year as of Thursday&rsquo;s close.&nbsp;

Among losers, Glenmark Pharmacueticals Ltd fell as much as three per cent as a fall in second-quarter profit and sequential rise in debt concerned analysts.

The Sensex surged 112 points to end at a fresh high of 33,686 on Friday. The Nifty too hit reached a record of 10,452.50 after rising 29 points.

The Sensex surged 112 points to end at a fresh high of 33,686 on Friday. The Nifty too hit reached a record of 10,452.50 after rising 29 points. The 30-stock benchmark had opened at a record high in the morning too as financials gained, while healthcare and energy stocks edged lower as investors took a breather after a prolonged rally. Investor sentiment has been upbeat in India with the government’s recent announcement of a recapitalisation plan for banks. Shares of Bharti Airtel Ltd surged as much as four per cent during the day to their highest level in over a decade. The stock has risen nearly 78 per cent this year as of Thursday’s close. Among losers, Glenmark Pharmacueticals Ltd fell as much as three per cent as a fall in second-quarter profit and sequential rise in debt concerned analysts.

Sensex rises 112 points to end at fresh high

It was a trail-blazing show by stock markets on Wednesday after the Nifty bolted past 10,400 for the first time and the Sensex hit yet another record 33,451 on the back of India&#39;s jump on <a href="http://www.wionews.com/photos/indias-rise-in-world-banks-ease-of-doing-business-rankings-521">Ease of Doing Business list</a>.

India went up by 30 notches to 100 on the <a href="http://www.wionews.com/business-economy/what-is-ease-of-doing-business-23242">World Bank ranking</a>, released yesterday.

Also, eight core sectors growing to a six-month high of 5.2 per cent in September and positive leads from global market made investors bolder.

The 50-issue Nifty crossed the 10,400-level for the first time by gaining 67.85 points, or 0.65 per cent, to trade at a fresh life-time high of 10,403.15, surpassing its previous intra-day high of 10,384.50 touched on October 30.

The benchmark BSE Sensex too climbed 238.16 points, or 0.71 per cent, to trade at new record of 33,451.29, breaking its previous such reading of 33,340.17 reached on October 30.

Reflecting the market&#39;s bullish mood, all the sectoral indices led by banking and FMCG were trading in the positive zone, with gains of up to 1.36 per cent.

Big gainers included Bharti Airtel, ICICI Bank, Axis Bank, SBI and Reliance Industries, rising by up to 3.69 per cent

Hong Kong&#39;s Hang Seng was up 0.66 per cent while Japan&#39;s Nikkei rose 1.42 per cent in their early trading. Shanghai Composite edged up 0.28 per cent.

The US Dow Jones Industrial Average ended 0.12 per cent higher yesterday.

India went up by 30 notches to 100 on the World Bank ranking, released yesterday.

It was a trail-blazing show by stock markets on Wednesday after the Nifty bolted past 10,400 for the first time and the Sensex hit yet another record 33,451 on the back of India's jump on Ease of Doing Business list. India went up by 30 notches to 100 on the World Bank ranking, released yesterday. Also, eight core sectors growing to a six-month high of 5.2 per cent in September and positive leads from global market made investors bolder. The 50-issue Nifty crossed the 10,400-level for the first time by gaining 67.85 points, or 0.65 per cent, to trade at a fresh life-time high of 10,403.15, surpassing its previous intra-day high of 10,384.50 touched on October 30. The benchmark BSE Sensex too climbed 238.16 points, or 0.71 per cent, to trade at new record of 33,451.29, breaking its previous such reading of 33,340.17 reached on October 30. Reflecting the market's bullish mood, all the sectoral indices led by banking and FMCG were trading in the positive zone, with gains of up to 1.36 per cent. Big gainers included Bharti Airtel, ICICI Bank, Axis Bank, SBI and Reliance Industries, rising by up to 3.69 per cent Hong Kong's Hang Seng was up 0.66 per cent while Japan's Nikkei rose 1.42 per cent in their early trading. Shanghai Composite edged up 0.28 per cent. The US Dow Jones Industrial Average ended 0.12 per cent higher yesterday.

Nifty, Sensex ride on World Bank ranking, hit new high

The BSE Sensex edged lower on Tuesday as investors booked profits in recent gainers, but posted its biggest monthly gain since March 2016 after the government announced a plan last week to inject capital into state-run lenders.

The benchmark Sensex closed down 0.16 per cent at 33,213.13, but gained 6.2 percent for the month, its biggest such gain since March 2016.

The broader NSE Nifty ended 0.27 per cent lower at 10,335.30. It gained 5.6 percent for the month, its biggest monthly gain in three.

The BSE Sensex edged lower on Tuesday as investors booked profits in recent gainers

The BSE Sensex edged lower on Tuesday as investors booked profits in recent gainers, but posted its biggest monthly gain since March 2016 after the government announced a plan last week to inject capital into state-run lenders. The benchmark Sensex closed down 0.16 per cent at 33,213.13, but gained 6.2 percent for the month, its biggest such gain since March 2016. The broader NSE Nifty ended 0.27 per cent lower at 10,335.30. It gained 5.6 percent for the month, its biggest monthly gain in three.

Sensex falls, but posts biggest monthly gain since March 2016

Indian markets found itself on a fresh high for the fourth session today, with the Sensex jumping 109 points as state-owned lenders extended their&nbsp;rally.

The Nifty closed above 10,350.

The PSB stocks have been on a roll, especially since last week, driven by the government&#39;s mega Rs 2.11 lakh crore recapitalisation plan and encouraging quarterly earnings by more blue chip companies.

<a href="http://www.wionews.com/business-economy/stocks-scale-fresh-records-as-november-fo-series-opens-strong-23008">The BSE 30-share Sensex continued its upward march to touch a new all-time intra-day high of 33,340.17</a>, surpassing its previous high of 33,286.51 recorded on October 27.

But it lost ground due to profit-booking and settled at a new closing peak of 33,266.16, up 108.94 points, or 0.33 per cent. The Sensex surpassed its previous record of 33,157.22 touched on October 27.

In six days, the index has gained 876.19 points.

Similarly, the broader 50-issue NSE Nifty hit a new intra-day high of 10,384.50, bettering its record of 10,366.15 hit on October 27. However, due to profit-taking at record levels, it closed at 10,363.65, still a new high, up by 40.60 points or 0.39 per cent. It broke the previous record of 10,343.80 reached on October 26.

Traders said sentiment was upbeat in domestic energy stocks with Brent crude soaring to hit its highest level since July 2015 after Saudi Arabia agreed to support the extension of a global oil production cut agreement.&nbsp;

The PSB stocks have been on a roll, especially since last last week, driven by the government's mega Rs 2.11 lakh crore recapitalisation plan and encouraging quarterly earnings by more blue chip companies.

Indian markets found itself on a fresh high for the fourth session today, with the Sensex jumping 109 points as state-owned lenders extended their rally. The Nifty closed above 10,350. The PSB stocks have been on a roll, especially since last week, driven by the government's mega Rs 2.11 lakh crore recapitalisation plan and encouraging quarterly earnings by more blue chip companies. The BSE 30-share Sensex continued its upward march to touch a new all-time intra-day high of 33,340.17, surpassing its previous high of 33,286.51 recorded on October 27. But it lost ground due to profit-booking and settled at a new closing peak of 33,266.16, up 108.94 points, or 0.33 per cent. The Sensex surpassed its previous record of 33,157.22 touched on October 27. In six days, the index has gained 876.19 points. Similarly, the broader 50-issue NSE Nifty hit a new intra-day high of 10,384.50, bettering its record of 10,366.15 hit on October 27. However, due to profit-taking at record levels, it closed at 10,363.65, still a new high, up by 40.60 points or 0.39 per cent. It broke the previous record of 10,343.80 reached on October 26. Traders said sentiment was upbeat in domestic energy stocks with Brent crude soaring to hit its highest level since July 2015 after Saudi Arabia agreed to support the extension of a global oil production cut agreement.

Sensex, Nifty scale new peak, PSB stocks extend rally

The Bombay Stock Exchange (BSE) Sensex climbed as much as 1.6 per cent to a record high of 33,117.33, buoyed by a surge in prices of banking shares after the Cabinet nod to a $32.43 billion plan to recapitalise state banks over the next two years.

State Bank of India, the biggest lender, rose more than 20 per cent. Punjab National Bank, the second biggest public sector lender, surged more than 33 per cent.

Bonds, however, fell, given the injection will be funded with debt, Reuters reported.

The benchmark NSE Nifty rose as much as 1.3 per cent to a record high of 10,340.55.

Bonds fell, with the benchmark 10-year bond yield up 3 basis points to 6.81 percent from its previous close. 
&nbsp;

The BSE Sensex climbed as much as 1.6% to a record high of 33,117.33

The Bombay Stock Exchange (BSE) Sensex climbed as much as 1.6 per cent to a record high of 33,117.33, buoyed by a surge in prices of banking shares after the Cabinet nod to a $32.43 billion plan to recapitalise state banks over the next two years. State Bank of India, the biggest lender, rose more than 20 per cent. Punjab National Bank, the second biggest public sector lender, surged more than 33 per cent. Bonds, however, fell, given the injection will be funded with debt, Reuters reported. The benchmark NSE Nifty rose as much as 1.3 per cent to a record high of 10,340.55. Bonds fell, with the benchmark 10-year bond yield up 3 basis points to 6.81 percent from its previous close.

Sensex at record high, bank shares soar on recapitalisation plan

The Sensex and Nifty rose for a second consecutive session on Tuesday, as expectations of good earnings lifted industry heavyweights such as HDFC Bank Ltd and Infosys Ltd ahead of their results later in the day.

Shares of HDFC Bank and Infosys gained 0.4 per cent each. Earnings so far for the July-September quarter have proved to be solid, lifting indexes to record highs earlier this month.

Investors have been eagerly awaiting the last quarter&#39;s results after strong gains in share markets this year pushed valuations for the NSE index&#39;s price-to-earnings (PE) ratio to 21.3, well above the historic five-year average of 16.8.

The results also come at a time when the economy has slowed to a more than three-year low due&nbsp;to the lingering impact of a ban on high-value currency notes late last year and the rollout of a national goods and services tax.

&quot;People are expecting earnings to match the valuations this quarter,&quot; said Jayant Manglik, president, Religare Securities.

&quot;This will be a litmus test for financial stocks to see the final effect of demonetisation.&quot;

The Nifty was up 0.35 per cent at 10,220.85 as of 0539 GMT, driven by HDFC Bank and ICICI Bank Ltd.

The Sensex was 0.33 per cent higher at 32,614.44.

Oil and Natural Gas Corp. Ltd was the top percentage gainer on the NSE index, rising as much as 3.2 per cent to its highest in over four months.

The Nifty PSU bank index was trading 1.1 per cent higher, having fallen 1.4 per cent this month, up to Monday&#39;s close.

Indiabulls Housing Finance Ltd&#39;s shares rose as much as 2.1 per cent after its second-quarter profit jumped nearly 26 pct and at least two brokerages raised their target price.

The results also come at a time when the economy has slowed to a more than three-year low due to the lingering impact of a ban on high-value currency notes late last year and the rollout of a national goods and services tax

The Sensex and Nifty rose for a second consecutive session on Tuesday, as expectations of good earnings lifted industry heavyweights such as HDFC Bank Ltd and Infosys Ltd ahead of their results later in the day. Shares of HDFC Bank and Infosys gained 0.4 per cent each. Earnings so far for the July-September quarter have proved to be solid, lifting indexes to record highs earlier this month. Investors have been eagerly awaiting the last quarter's results after strong gains in share markets this year pushed valuations for the NSE index's price-to-earnings (PE) ratio to 21.3, well above the historic five-year average of 16.8. The results also come at a time when the economy has slowed to a more than three-year low due to the lingering impact of a ban on high-value currency notes late last year and the rollout of a national goods and services tax. "People are expecting earnings to match the valuations this quarter," said Jayant Manglik, president, Religare Securities. "This will be a litmus test for financial stocks to see the final effect of demonetisation." The Nifty was up 0.35 per cent at 10,220.85 as of 0539 GMT, driven by HDFC Bank and ICICI Bank Ltd. The Sensex was 0.33 per cent higher at 32,614.44. Oil and Natural Gas Corp. Ltd was the top percentage gainer on the NSE index, rising as much as 3.2 per cent to its highest in over four months. The Nifty PSU bank index was trading 1.1 per cent higher, having fallen 1.4 per cent this month, up to Monday's close. Indiabulls Housing Finance Ltd's shares rose as much as 2.1 per cent after its second-quarter profit jumped nearly 26 pct and at least two brokerages raised their target price.

Sensex, Nifty gain in early trade, sentiment positive ahead of HDFC Bank, Infosys results

The BSE Sensex fell over 100 points to 32,508.42 at the start of the last trading session of the Samvat year 2073 on Wednesday, hit by muted quarterly earnings by some bluechips and profit booking by participants at record levels.

The trend remained mixed in global markets.

The 30-share index fell by 100.74 points, or 0.31 per cent, to 32,508.42, with banking, PSU, capital goods, auto, healthare and oil &amp; gas stocks dropping up to 6.6 per cent.

The broad-based Nifty slipped from record by falling 29.30 points, 0.29 per cent, to 10,205.15.

Brokers said sentiment turned bearish on unabated foreign fund outflows and lower-than-expected Q2 earnings by some bluechip companies amid profit-booking in recent gainers.

Markets will conduct a special &#39;Muhurat&#39; trading session on Thursday between 1830 hrs and 1930 hrs on the auspicious occasion of Diwali.

Private sector lender Axis Bank plunged 6.64 per cent after it reported spike in the dud loan portfolio due to newer surprises, including an under-reporting found by the Reserve Bank. The bank posted a 38 per cent rise in September quarter net profit at Rs 432 crore on low base effect.

Other losers were ICICI Bank, SBI, Cipla, Lupin, Bajaj Auto, Bharti Airtel, Asian Paint, Tata Motors, Infosys, Sun Pharma and Coal India.

Investors were cautious with today being the last session of Hindu Samvat Year 2073.

Hong Kong&#39;s Hang Seng was down 0.09 per cent while Japan&#39;s Nikkei rose 0.13 per cent in early trade today. Shanghai Composite gained 0.27 per cent.

The US Dow Jones Industrial Average ended 0.18 per cent higher on Tuesday.

The trend remained mixed in global markets.

The BSE Sensex fell over 100 points to 32,508.42 at the start of the last trading session of the Samvat year 2073 on Wednesday, hit by muted quarterly earnings by some bluechips and profit booking by participants at record levels. The trend remained mixed in global markets. The 30-share index fell by 100.74 points, or 0.31 per cent, to 32,508.42, with banking, PSU, capital goods, auto, healthare and oil & gas stocks dropping up to 6.6 per cent. The broad-based Nifty slipped from record by falling 29.30 points, 0.29 per cent, to 10,205.15. Brokers said sentiment turned bearish on unabated foreign fund outflows and lower-than-expected Q2 earnings by some bluechip companies amid profit-booking in recent gainers. Markets will conduct a special 'Muhurat' trading session on Thursday between 1830 hrs and 1930 hrs on the auspicious occasion of Diwali. Private sector lender Axis Bank plunged 6.64 per cent after it reported spike in the dud loan portfolio due to newer surprises, including an under-reporting found by the Reserve Bank. The bank posted a 38 per cent rise in September quarter net profit at Rs 432 crore on low base effect. Other losers were ICICI Bank, SBI, Cipla, Lupin, Bajaj Auto, Bharti Airtel, Asian Paint, Tata Motors, Infosys, Sun Pharma and Coal India. Investors were cautious with today being the last session of Hindu Samvat Year 2073. Hong Kong's Hang Seng was down 0.09 per cent while Japan's Nikkei rose 0.13 per cent in early trade today. Shanghai Composite gained 0.27 per cent. The US Dow Jones Industrial Average ended 0.18 per cent higher on Tuesday.

Sensex drops 100 points on muted earnings, profit booking

Indian shares&nbsp;hit&nbsp;record&nbsp;closing&nbsp;highs&nbsp;on Monday as investors were encouraged by recent economic data which showed the country&#39;s merchandise exports surged in September, pushing the trade deficit to a seven-month low.

The broader NSE&nbsp;Nifty&nbsp;ended 0.62 per cent higher at 10,230.85, after rising to a&nbsp;record&nbsp;high earlier in the session.

The benchmark BSE&nbsp;Sensex&nbsp;closed up 0.62 per cent at 32,633.64, after&nbsp;hitting an all-time high early in the day.

Federal Bank Ltd gained about 7 percent after posting an upbeat second-quarter profit.

The broader NSE?Nifty?ended 0.62 per cent higher at 10,230.85, after rising to a?record?high earlier in the session

Indian shares hit record closing highs on Monday as investors were encouraged by recent economic data which showed the country's merchandise exports surged in September, pushing the trade deficit to a seven-month low. The broader NSE Nifty ended 0.62 per cent higher at 10,230.85, after rising to a record high earlier in the session. The benchmark BSE Sensex closed up 0.62 per cent at 32,633.64, after hitting an all-time high early in the day. Federal Bank Ltd gained about 7 percent after posting an upbeat second-quarter profit.

Sensex, Nifty close at record high

The Nifty touched a fresh high on Friday after data showed inflation unexpectedly held steady in September, while <a href="http://www.wionews.com/business-economy/tatas-to-merge-telecom-business-with-bharti-airtel-22355" target="_blank">Bharti Airtel surged on its deal to buy the Tata conglomerate&#39;s consumer mobile business.</a>

The NSE Nifty ended up 0.7 per cent at 10,167.45, its highest close ever, after having hit a record high of 10,191.90 intraday. The index was up 1.81 per cent for the week.

The benchmark BSE Sensex ended 0.78 per cent higher at 32,432.69. It rose 1.94 per cent for the week, its biggest such gain since the week ended July 14.

Bharti Airtel jumped 7.7 per cent.

Bharti Airtel surged on its deal to buy the Tata conglomerate's consumer mobile business

The Nifty touched a fresh high on Friday after data showed inflation unexpectedly held steady in September, while Bharti Airtel surged on its deal to buy the Tata conglomerate's consumer mobile business. The NSE Nifty ended up 0.7 per cent at 10,167.45, its highest close ever, after having hit a record high of 10,191.90 intraday. The index was up 1.81 per cent for the week. The benchmark BSE Sensex ended 0.78 per cent higher at 32,432.69. It rose 1.94 per cent for the week, its biggest such gain since the week ended July 14. Bharti Airtel jumped 7.7 per cent.

Nifty scales new peak, Bharti Airtel stocks surge

Driven by strong IIP numbers and an unchanged inflation, the Sensex on Friday rallied over 211 points to 32,393, reflecting interrupted buying by domestic institutional investors.

 
The rupee appreciating 19 paise to 64.89 against the dollar today gave a leg to the rally.

 
The rest of Asia logged a mixed trend.

 
The 30-share barometer pushed higher by 211.04 points, or 0.66 per cent, to 32,393.26. The gauge had leapt 348 points in the previous session.

 
Sectoral indices turned green across the board, with metal, realty and FMCG posting sizeable gains of up to 1.90 per cent.

The NSE index Nifty was trading up by 43.25 points, or 0.42 per cent, at 10,139.65.

Buying activity picked up momentum on positive economic data after industrial production grew to a 9-month high of 4.3 per cent in August while retail inflation came in at 3.28 per cent in September, unchanged from August.

Stocks of Bharti Airtel zoomed 6.94 per cent to Rs 427.80 after the company announced that the consumer mobile business of (CMB) of Tata Teleservices Ltd and Tata Teleservices Maharashtra will merge with it in a cash-free, debt-free deal.

Stock of TCS, India&#39;s largest software services, rose 1.08 per cent to Rs 2,576.15 even as the company&#39;s net profit fell 2.1 per cent in the September quarter.

Reliance Industries shot up by 1.15 per cent to Rs 882.50 as participants raised their bets ahead of earnings, to be released later in the day.

Japan&#39;s Nikkei rose 0.23 per cent while Shanghai Composite rose up 0.09 per cent in their early deals. Hong Kong&#39;s Hang Seng, however, was down 0.16 per cent.

The US Dow Jones Industrial Average had closed 0.14 per cent lower on Thursday.

The rupee appreciating 19 paise to 64.89 against the dollar today gave a leg to the rally.

Driven by strong IIP numbers and an unchanged inflation, the Sensex on Friday rallied over 211 points to 32,393, reflecting interrupted buying by domestic institutional investors. The rupee appreciating 19 paise to 64.89 against the dollar today gave a leg to the rally. The rest of Asia logged a mixed trend. The 30-share barometer pushed higher by 211.04 points, or 0.66 per cent, to 32,393.26. The gauge had leapt 348 points in the previous session. Sectoral indices turned green across the board, with metal, realty and FMCG posting sizeable gains of up to 1.90 per cent. The NSE index Nifty was trading up by 43.25 points, or 0.42 per cent, at 10,139.65. Buying activity picked up momentum on positive economic data after industrial production grew to a 9-month high of 4.3 per cent in August while retail inflation came in at 3.28 per cent in September, unchanged from August. Stocks of Bharti Airtel zoomed 6.94 per cent to Rs 427.80 after the company announced that the consumer mobile business of (CMB) of Tata Teleservices Ltd and Tata Teleservices Maharashtra will merge with it in a cash-free, debt-free deal. Stock of TCS, India's largest software services, rose 1.08 per cent to Rs 2,576.15 even as the company's net profit fell 2.1 per cent in the September quarter. Reliance Industries shot up by 1.15 per cent to Rs 882.50 as participants raised their bets ahead of earnings, to be released later in the day. Japan's Nikkei rose 0.23 per cent while Shanghai Composite rose up 0.09 per cent in their early deals. Hong Kong's Hang Seng, however, was down 0.16 per cent. The US Dow Jones Industrial Average had closed 0.14 per cent lower on Thursday.

Sensex climbs 211 points on positive economic data points

India&#39;s benchmark Sensex shot up 348 points to end at 32,182 on the back surge in oil &amp; gas, healthcare, FMCG and auto stocks

The broader National Stock Exchange(NSE Nifty) regained the 10k mark ending up 1.12 per cent to close at 10,096.40 - &nbsp;recording its biggest single-day gain since May 25. &nbsp;

Intra-day, the NSE had scaled a high 10,104.45.

The Sensex surge was its best single-session gain since July 10 when it jumped 355.01 points.

The Sensex was buoyed over the announcement of quarterly results by several big players including Tata Consultancy Services(TCS) and Reliance Industries(TCS).

TCS stocks gained about 2 per cent while Reliance Industries stocks climbed 4 per cent ahead of its quarterly results tomorrow.

The Sensex surge was its best single-session gain since July 10 when it jumped 355.01 points.

India's benchmark Sensex shot up 348 points to end at 32,182 on the back surge in oil & gas, healthcare, FMCG and auto stocks The broader National Stock Exchange(NSE Nifty) regained the 10k mark ending up 1.12 per cent to close at 10,096.40 - recording its biggest single-day gain since May 25. Intra-day, the NSE had scaled a high 10,104.45. The Sensex surge was its best single-session gain since July 10 when it jumped 355.01 points. The Sensex was buoyed over the announcement of quarterly results by several big players including Tata Consultancy Services(TCS) and Reliance Industries(TCS). TCS stocks gained about 2 per cent while Reliance Industries stocks climbed 4 per cent ahead of its quarterly results tomorrow.

Sensex, Nifty zoom ahead of results by TCS, Reliance Industries

Indian shares nudged up on Thursday, after having ended lower in the previous session, with Sun Pharmaceutical Industries Ltd jumping to an over-two-month high after the US health regulator closed the inspection of the drug-maker&#39;s Dadra plant. 
 
However, gains were muted ahead of key corporate results including that of Tata Consultancy Services Ltd which will report later in the day. The stock was trading up 1.2 per cent. 
 
&quot;Market has been witnessing a broad-based consolidation mode for a few months now which will continue for a while. This earnings season is critical as the first quarter was disappointing and hopes are now pinned to see a recovery in the second quarter,&quot; said Rakesh Tarway, head of research at Reliance Securities. 
 
Meanwhile, India&#39;s inflation data for September will be released later in the day. Consumer inflation is forecast to have risen to 3.60 per cent in the month, above August&#39;s 3.36 per cent, according to a Reuters poll. 
 
The broader NSE Nifty was up 0.45 per cent at 10,029.5 as of 0539 GMT, while the benchmark BSE Sensex was 0.41 per cent higher at 31,966.22. 
 
Sun Pharmaceutical Industries Ltd rose as much as 3.6 per cent to its highest since July 31. The stock led gains on both indexes and was also the top percentage gainer on the Nifty Pharma index, which was up 1 per cent.&nbsp; 
 
The Nifty Realty index was trading up 1.16 per cent, boosted mainly by Indiabulls Real Estate Ltd which rose as much as 8 percent after the company said its unit would buy out the remaining stake of Indiabulls Properties Investment Trust and delist the company. 
 
Reliance Industries Ltd gained as much as 1.4 per cent ahead of its quarterly results slated for Friday. Analysts expect to see higher earnings from the company&#39;s core petrochemicals business, while also pointing to a possible benefit for Reliance&#39;s Jio arm due to lower interconnection charges. 
&nbsp;

Sun Pharmaceutical Industries Ltd jumping to an over-two-month high after the US health regulator closed the inspection of the drug-maker's Dadra plant

Indian shares nudged up on Thursday, after having ended lower in the previous session, with Sun Pharmaceutical Industries Ltd jumping to an over-two-month high after the US health regulator closed the inspection of the drug-maker's Dadra plant. However, gains were muted ahead of key corporate results including that of Tata Consultancy Services Ltd which will report later in the day. The stock was trading up 1.2 per cent. "Market has been witnessing a broad-based consolidation mode for a few months now which will continue for a while. This earnings season is critical as the first quarter was disappointing and hopes are now pinned to see a recovery in the second quarter," said Rakesh Tarway, head of research at Reliance Securities. Meanwhile, India's inflation data for September will be released later in the day. Consumer inflation is forecast to have risen to 3.60 per cent in the month, above August's 3.36 per cent, according to a Reuters poll. The broader NSE Nifty was up 0.45 per cent at 10,029.5 as of 0539 GMT, while the benchmark BSE Sensex was 0.41 per cent higher at 31,966.22. Sun Pharmaceutical Industries Ltd rose as much as 3.6 per cent to its highest since July 31. The stock led gains on both indexes and was also the top percentage gainer on the Nifty Pharma index, which was up 1 per cent. The Nifty Realty index was trading up 1.16 per cent, boosted mainly by Indiabulls Real Estate Ltd which rose as much as 8 percent after the company said its unit would buy out the remaining stake of Indiabulls Properties Investment Trust and delist the company. Reliance Industries Ltd gained as much as 1.4 per cent ahead of its quarterly results slated for Friday. Analysts expect to see higher earnings from the company's core petrochemicals business, while also pointing to a possible benefit for Reliance's Jio arm due to lower interconnection charges.

Sensex inches up, Sun Pharma rises

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