The broader markets fell in today’s trade thus underperforming their larger peers. A day after bloodbath, the benchmark BSE Sensex on Friday managed to end 34 points higher at 22,986.12, but logged its biggest weekly fall in over six years as fears of a global slowdown and disappointing quarterly numbers of blue-chips, especially banks, hammered stocks during the week. Investors are fleeing risky assets and running to safe havens like gold and bonds. Both the indexes recorded their ... Rediff.com, 2 months ago
Sensex and Nifty finished the session at 2016 closing high on sustained buying interest amid rise in crude oil prices and appreciating rupee. Meanwhile, investors are keenly awaiting policy decision from the US Federal Reserve later today and the expiry of April derivative contracts on Thursday. The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points to close at 7,980. Chandan Taparia, Derivative Analyst at Anand Rathi says “Nifty levels is ...Rediff.com, 6 days ago
Prospects of an interest rate cut by the RBI at its forthcoming monetary policy review spurted buying across the board. Markets rebounded to end with strong gains amid a rally in global stocks after US Federal Reserve chair Janet Yellen indicated that the central bank would move cautiously in regards with interest rate hike. Also, prospects of an interest rate cut by the RBI at its forthcoming monetary policy review spurted buying across the board. The S&P BSE Sensex closed at 25,339, up by ...Rediff.com, 1 month ago
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The local markets are expected to react to global triggers until the government announces the Union Budget for the fiscal year 2016/17. Markets fell for the second straight session after Japanese equities posted its biggest daily drop in nearly three years amid strengthening yen. Meanwhile, weakness in IT shares after Cognizant’s weak guidance for the three months ending March 2016 further dented the sentiments. The S&P BSE Sensex closed 266 points lower at 24,021 and the ...Rediff.com, 2 months ago
The S&P BSE Sensex ended higher by 278 points to end at 24,617 while Nifty50 settled down at 7,489, up by 85 points after hitting the psychological mark of 7,500 during intraday. Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings. The broad based buying across the board on account of stabilization in oil prices also aided the rally. The S&P BSE Sensex ended higher by 278 points to end at 24,617 while Nifty50 settled down at 7,489, ...Rediff.com, 2 months ago
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