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MARKET UPDATE:Sensex rose 800 points to 56,575, while Nifty jumped 230 points to 16,893 levels in early deals

MARKET UPDATE:Sensex rose 800 points to 56,575, while Nifty jumped 230 points to 16,893 levels in early deals

Wednesday, March 16, 2022

The Indian benchmark indices opened sharply higher today(16th march 2022), with a strong recovery from the previous session's losses. The BSE Sensex rose 800 points to 56,575, while the Nifty 50 jumped 230 points to 16,893 levels in early deals. The strong start for the indices comes amid upbeat global sentiment as US stocks rose significantly overnight and Asian shares were also seen staging recovery from their two-day losses. On the Sensex, HDFC, IndusInd Bank, Axis Bank, Maruti, ICICI Bank, Bajaj twins, HDFC Bank, M&M, Asian Paints, and Wipro were leading the upmove, trading up to 3.5 percent higher. Grasim and Tata Motors were the additional gainers on the Nifty50. Read more

MARKET UPDATE:Sensex rose around 200 points to 56,660, while NSE Nifty at 16,918, higher by 50 points

MARKET UPDATE:Sensex rose around 200 points to 56,660, while NSE Nifty at 16,918, higher by 50 points

Tuesday, March 15, 2022

The Indian benchmark indices started to trade on a higher note extending their strong rally to a sixth session amid a sharp fall in crude oil prices from their record highs. The BSE Sensex rose around 200 points to 56,660, while the NSE Nifty was at 16,918, higher by 50 points. Among the Sensex-30 shares, Asian Paints, M&M, Maruti, Ultractech Cement, Axis Bank, L&T, ICICI Bank, HDFC Bank, and SBI were the top gainers. On the Nifty, Tata Consumer, Cipla, Eicher Motors, and Tata Motors were the additional gainers, up to 2 percent higher. On the downside, Tata Steel, Reliance, Infosys, Kotak Bank, NTPC, Tech M, ONGC, Hindalco, JSW Steel, Indian Oil, and Coal India were the top losers on the bourses, down up to 4 percent. Read more

DB Realty shares hit 5% upper circuit as it wins legal case regarding Mumbai land parcel

DB Realty shares hit 5% upper circuit as it wins legal case regarding Mumbai land parcel

Wednesday, March 2, 2022

Shares of DB Realty hit the 5 percent upper circuit on Wednesday as the company informed the stock exchanges that the firm has won the title of land owned by it in Mumbai and will now develop a 2 million square feet office complex. The matter which was under the review of The Supreme Court through public interest litigation (PIL), was cleared by the apex court on February 28 in favor of the real estate developer. The court through its order has allowed the subsidiary of the company – Esteem Properties to develop this land in Mumbai. In a regulatory filing, D B Realty informed that its subsidiary Esteem Properties owns about 22,000 square meters of land at Andheri (East) in Mumbai and was the subject matter of Public Interest Litigation."The Company intends to develop the subject land into a 2.00 million sq feet (leasable area) grade A office space in the next 3 years." Read more

MARKET UPDATE:Sensex down 541 points at 58,496 and Nifty at 17,446, lower by 171 points

MARKET UPDATE:Sensex down 541 points at 58,496 and Nifty at 17,446, lower by 171 points

Monday, January 24, 2022

The Indian benchmark indices extended their opening losses amid broad-based selling today(24th January 2022). The BSE Sensex was down 541 points at 58,496 and the NSE Nifty was at 17,446, lower by 171 points. Bajaj Finance was the top loser on the Sensex, down 3 percent, followed by Tech M, Wipro, Bajaj Finserv, Titan, Asian Paints, Infosys, Tata Steel, Ultratech Cement, HCL Tech, Dr. Reddy's, Kotak Bank, Axis Bank, HDFC Bank, and TCS. On the Nifty, Divis Labs and Hindalco were the top losers, down 5 and 3 percent, respectively. Sectorally, the NiftyConsumer Durables, IT, Metals, and Realty were now down over 2 percent each. Financials, auto, and pharma were 1 percent lower. Read more

MARKET UPDATE:BSE Sensex 115 points higher at 61,265, while the NSE Nifty 37 points up at 18,250

MARKET UPDATE:BSE Sensex 115 points higher at 61,265, while the NSE Nifty 37 points up at 18,250

Thursday, January 13, 2022

In the Indian markets, benchmark indices today (13th January 2021)steadily held opening gains in early morning trade. The BSE Sensex was 115 points higher at 61,265, while the NSE Nifty was 37 points up at 18,250. On the Sensex, Tata Steel and PowerGrid were the leading gainers, up 3 percent each, followed by Sun Pharma, NTPC, ITC, L&T, and RIL. On the flip side, Wipro was the biggest loser, down 5 percent, after the company fell short of market expectation, as it’s net profit was up 1.3 percent on a quarter on quarter (QoQ) basis at Rs 2,969 crore for the third quarter ended December 2021 (Q3FY22). READ HERE. HDFC Bank, HCL Tech, M&M, Titan, Asian Paints, Axis Bank, and IndusInd Bank were the other notable losers. Read more

MARKET UPDATE:Sensex at 57,957 level, up 697 points while Nifty hovered above 17,250-mark, up 200 points

MARKET UPDATE:Sensex at 57,957 level, up 697 points while Nifty hovered above 17,250-mark, up 200 points

Tuesday, November 30, 2021

Indian benchmark indices today (30th Nov.2021) extended their gains and were trading near the day's high level, lifted by realty, IT, and PSU Bank stocks. The S&P BSE Sensex was at 57,957 level, up 697 points or over 1 percent. The Nifty50, on the other hand, hovered above the 17,250-mark, up 200 points. The Nifty Realty index is up 4 percent; IT index 2.2 percent; PSB Index 1.8 percent. Shares of Go Fashion clocked a solid listing on the bourses today, debuting at 91 percent premium on the BSE. The shares are listed at Rs 1,316 per share compared with the issue price of Rs 690. On the NSE, the shares debuted at Rs 1,310 apiece.

CLOSING BELL: Sensex snaps 4-day losing run, index rises 145 pts; Nifty ends at 18,125

CLOSING BELL: Sensex snaps 4-day losing run, index rises 145 pts; Nifty ends at 18,125

Monday, October 25, 2021

After a volatile start, the benchmark indices gained ground to trade on a firm footing amid gains in banking stocks. A firm start for the European markets also helped the market sentiments. The BSE Sensex reclaimed the 61,000 mark and was up 291 points or 0.48 percent at 61,113. Meanwhile, NSE Nifty traded at 18,169, 55 points or 0.3 percent higher. ICICI Bank, Axis Bank, and SBI were the top Sensex contributors. The broader markets, on the other hand, languished with the BSE Midcap and Smallcap indices down over 1 percent each. The Nifty Bank hit a fresh 52-week high. Realty and IT counters were off day's low but still down 1 percent and worst losers. The BSE index after touching a low of 60,450, bounced back into the positive zone as ICICI Bank and select banking shares extended gains. The Sensex finally snapped its 4-day losing streak and ended 145 points higher at 60,967. Read more

MARKET UPDATE:Sensex dropped over 100 points to trade below the 60,000 while Nifty trading near the 17,800-mark at 17,921

MARKET UPDATE:Sensex dropped over 100 points to trade below the 60,000 while Nifty trading near the 17,800-mark at 17,921

Tuesday, September 28, 2021

The Indian benchmark indices opened in the negative territory today(28th Sept.2021) amid tepid Asian cues. The BSE Sensex dropped over 100 points to trade below the 60,000-mark at 59,943. The Nifty50, meanwhile, was trading near the 17,800-mark at 17,921. Coal India, NTPC, UltraTech Cement, ONGC were among the top gainers in the 50-pack index. The top laggards were in the IT sector, namely HCL Tech, Infosys, Tech Mahindra, and Wipro. On the sectoral front, most indices were in the red with Nifty Realty falling 2 percent. Other losers were Nifty IT, Media, and Pharma. the only gainers were PSU Bank up 1 percent, Nifty Metal, and FMCG.

Sensex rises for 3rd day; Nifty Auto, Realty gain;IT tumbled 2.88 per cent

Sensex rises for 3rd day; Nifty Auto, Realty gain;IT tumbled 2.88 per cent

Monday, September 27, 2021

The benchmark indices managed to eke out gains, amid buying in index heavyweight RIL, bank, and auto stocks in a high volatility session. Even as the global market setup remained firm, investors were jittery with the markets hovering at all-time high levels and amid steep valuations. Overall, the BSE Sensex gyrated 525 points and settled the day 29 points higher at 60,078. Meanwhile, the NSE Nifty shut shop at 17,855, up only 2 points. During the day, the BSE Sensex managed to log a fresh record high of 60,412. In the 30-pack index, Maruti, M&M, Bajaj Auto, and NTPC were the top gainers, up between 2-6 percent while HCL Tech, Tech Mahindra, Bajaj Finserv, and Infosys were the top losers, down up to 4 percent. Read more

MARKET UPDATE:BSE up 351.37 points at 59,278.70 while Nifty 115.10 points higher at 17,661.80

MARKET UPDATE:BSE up 351.37 points at 59,278.70 while Nifty 115.10 points higher at 17,661.80

Thursday, September 23, 2021

The Indian benchmark indices opened on a strong footing today (23rd Sept.2021) after the US Fed signaled that tapering could begin earlier than what market participants expect, but the committee remained equally split on interest rate lift-off. The Sensex was up 351.37 points at 59,278.70, and the Nifty was 115.10 points higher at 17,661.80. The top gainers on the 50-pack index included Coal India, Tata Motors, Axis Bank, and Tata Steel, while the only laggards were Tech Mahindra, Titan, and TCS. The broader indices, too, opened firm, rising around 1 percent each. Sectorally, all indices were trading positively, led by the Nifty Realty (up over 4 percent). Besides, the Nifty Bank, Media, and Metal indices also gained by 1 percent each.

MARKET UPDATE:BSE Sensex at 55,357 levels, down 81 points and Nifty down 23 points at 16.505 levels

MARKET UPDATE:BSE Sensex at 55,357 levels, down 81 points and Nifty down 23 points at 16.505 levels

Monday, August 16, 2021

Indian benchmark equities were slipped today(16th August 2021), in line with Asian markets. The benchmark S&P BSE Sensex was at 55,357 levels, down 81 points or 0.15 percent, while the Nifty50 defended 16,500-mark, down 23 points at 16.505 levels. The Nifty Metal and Auto indices were the only indices in the green. In the broader market, the BSE MidCap and SmallCap indices were down 0.1 percent and 0.2 percent, respectively. Globally, Japan's Nikkei slipped 2 percent, Australia's ASX 200 fell 0.4 percent, and MSCI's broadest index of Asia-Pacific shares outside Japan traded flat. South Korea’s markets are closed on Monday for a holiday. Read more

MARKET UPDATE: Sensex trading at 53,230 levels, up 280 points and Nifty hit fresh record peak of 15,975, up 90 points

MARKET UPDATE: Sensex trading at 53,230 levels, up 280 points and Nifty hit fresh record peak of 15,975, up 90 points

Tuesday, August 3, 2021

Indian equities rallied today(3rd August 2021), bucking weak Asian trend, amid gains in realty, FMCG, pharma, and IT stocks. The frontline S&P BSE Sensex was trading at 53,230 levels, up 280 points while the Nifty50 index hit a fresh record peak of 15,975, up 90 points. The index is only 25 points shy of the 16,000-mark. In the broader markets, too, the BSE Mid- and SmallCap indices hit new peaks, advancing up to 0.5 percent, in intra-day trade. about seventy companies are looking to release their quarterly earnings, including Adani Ports, Adani Enterprises, Bharti Airtel, Barbeque Nation, Dabur, Inox Leisure, and Tata Consumer Products. In regards to Airtel, analysts believe the company may report stable ARPU sequentially and nearly flat revenue growth. Further global cues will continue to sway market sentiments.

Tag: realty

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