Key indices were facing selling pressure at higher levels after a strong opening. Realty, metals and power stocks pared gains but were still the top performing sectors while banking space showed weakness. “US markets were positive and other Asian markets are positive. Our GDP numbers came at 5.8% which was way above market expectation and [...]

The rupee on Monday gained 13 paise against the dollar in early trade, on the back of losses in the US unit against major currencies and Forex Converter Convert Rs.To hopes of an increased capital inflow by foreign funds as markets may open higher following strong Asian cues. At the Interbank Foreign Exchange (Forex) market, [...]

The rally on Dalal Street is likely to continue on Monday in line with its Asian peers. Stocks across Asia picked up steam buoyed by encouraging manufacturing data from China. The Nikkei rose 0.75 per cent, Topix added 0.95 per cent, Hang Seng picked up 1.53 per cent and Straits Times climbed 1.23 per cent. [...]

Equities opened sharply higher on Monday on the back of advances across Asia and US. All sectoral indices were trading with massive gains, with realty and metal stocks leading the pack Bombay Stock Exchange’s Sensex was at 14847, up 221 points while National Stock Exchange’s Nifty was trading at 4517, higher by 68.6 points. Stocks [...]

Stocks were trading on a firm footing shrugging off the weakness across global markets. Realty and technology stocks continued to attract BSE investor interest. “The market is likely to remain volatile ahead of derivatives expiry for May series and weak global markets may put pressure on domestic indices. However, presence of strong bullish sentiment may [...]

Asian markets were gains modest by trading The key benchmark indices advanced in the early deals on Thursday led by gains in realty, IT and capital goods stocks. While Wall Street ended lower, The benchmark Sensex was up 132 points at 14,241 levels and the Nifty was up 30 points at 4,306 levels. The underlying [...]

Bharti Airtel has a very big salling pressure that shares eased on Wednesday, but the stock figured among the laggards on a day when the market rose nearly 4%. The stock closed at Rs 768.90, down Rs 1.50 over the previous close, and has shed nearly 11% in the past three trading sessions after declaring [...]

Equities opened flat-to-positive Thursday on the day of the settlement of the derivatives contracts for May. Metals and realty posted BSE modest gains while banking stocks appeared soft. Secondline stocks were trading higher as well. Bombay Stock Exchange’s Sensex was at 14134, up 24.52 points while National Stock Exchange’s Nifty was trading at 4283, higher [...]

Key indices bounced back Monday after initial bout of profit booking as index heavyweights pared losses. Rally in sectoral indices was led by realty and FMCG space while oil&gas space was a little subdued. Tier II, III stocks continued to outperform the benchmarks. Sudued global markets also kept the markets under check. “If Nifty maintains [...]

Key indices were moving in a narrow range with a negative bias on Monday while the broader markets were rallying on sustained buying activity. Traders booked profits in frontline stocks after gains in previous trade and as subdued global markets dented sentiments. “US markets closed in the red and other Asian markets are down. Asian [...]