The BSE 30-share Sensex declined 393 points to 61,787.77 levels and 50-share Nifty went down 112 points to 18,496.60 levels at 9.20 in the morning. Some of the gainers on BSE during morning trade were Hindustan Oil Exploration, Hikal and JP Associates. MTNL, Raymond, Glenmark and BirlaSoft w
The domestic markets snapped their four-day losing run and ended with gains, picking up cues from the Monetary Policy Committee's decision to slow down the hike of repo rates.
At the time of writing this report, Sensex traded at 61,519.68 points, up 100.72 points or 0.16 per cent, whereas Nifty traded at 18,275.75 points, up 31.55 points or 0.17 per cent.
The indices surged on Tuesday taking cues from the rally of global stocks on hopes that the US Federal Reserve would ease its aggressive policy stance. The ease in domestic inflation also helped the market sentiments.
In broad-based indexes, S&P BSE LargeCap went up 104 points to 7,110 points with stocks like Zomato, Naukri, Bajaj Finance as most active ones in the index. BSE MidCap moved up 130 points to 25,558.73 level as Godrej Properties and NHPC were gainers in the index.
Among the most active st
The bullish trend in Indian stock indices continued for the third straight week as the benchmark index Sensex breached 60,000 after several weeks on Monday. The majority of the Asian markets rallied and traded in the green as investors cheered the news that the Federal Reserve would go slow
The indices rose on Monday tracking gains from Friday's US markets amid hopes of slower interest rate hikes coupled with healthy corporate earnings back here in India and the seeming return of foreign funds during the past week. The rally in the markets was backed by stock-specific movements
BSE LargeCap rose 11.18 points to 6,909.22 with Maruti, Gail, Bosch, NTPC as active stocks on the index. BSE SmallCap declined 177.55 points to 28,688 while BSE MidCap went down 104.37 points to 25,047.34 level.