Tag: strong global cues

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

Friday, June 9, 2023
Opening Bell: Indian equity markets opened in positive territory in today's( trade, amidst solid global cues. Frontline indices the S&P BSE Sensex surged over 100 points to trade around 62,962 levels, whereas the NSE Nifty50 climbed over 30 points to trade above 18,650 levels. The strength also spread to broader markets, with Nifty Midcap 100 and Nifty Smallcap 100 indices rising 0.2 percent each to outperform benchmark indices. Read more

MARKET UPDATE: Sensex gained 155 points to 61,587, and Nifty50 edged 42 points higher to 18,172

Friday, May 19, 2023
OPENING BELL: Indian Equity benchmark indices opened with slim gains today(19 May 2023) tracking strength in global markets after US indices touched 9-month-highs overnight. The BSE Sensex gained 155 points to 61,587, and the NSE Nifty50 edged 42 points higher to 18,172. SBI, Tech M, Infosys, HCL Tech, Nestle, ICICI Bank, Ultratech Cement, and Pwer Grid led gains on the Sensex, rising 0.5-1.2 percent. The broader markets opened tepidly. The BSE MidCap was down 0.08 percent and the SmallCap index rose 0.13 percent. On the downside, Divi's Lab, Eicher Motors, UPL, Titan, Maruti, and Tata Steel were the top frontline laggards. Sectorwise, Nifty Auto, Metal, Realty, FMCG and Pharma indices declined, while the IT and PSB pockets were the top gainers. Among stocks, Bata India rose 4 percent on reporting a 4.5 percent YoY profit growth in Q4 to Rs 65.55 crore.

MARKET UPDATE: Sensex rose 330 points to 61,890, and Nifty50 gained 72 points to 18,266

Thursday, May 18, 2023
Indian equity benchmark indices held substantial gains in today's(18 May 2023) trade in line with strength in global equities in hopes that a deal to lift the US debt ceiling will soon be reached. The BSE Sensex rose 330 points to 61,890, and the NSE Nifty50 gained 72 points to 18,266. The broader markets opened in line with benchmarks. The BSE MidCap and SmallCap indices rose up to 0.5 percent. Read more

MARKET UPDATE: Sensex advanced over 400 points to trade around 58,078 levels while Nifty50 climbed over 100 points to trade above 17,100 levels

Friday, March 17, 2023
Indian markets were higher in today's( 17 March 2023) trade, amid strong global cues. Key indices Nifty50 climbed over 100 points to trade above 17,100 levels, whereas the S&P BSE Sensex advanced over 400 points to trade around 58,078 levels. Broader markets, too, edged higher in the trade as Nifty MidCap 100 and Nifty Smallcap 100 indices surged up to 0.9 percent. The volatility index, India VIX, meanwhile, slipped over 5 percent. Read more

MARKET UPDATE: Sensex rose over 150 points to trade at 61,292 levels and the Nifty50 climbed over 50 points to trade above 18,200 levels

Friday, December 30, 2022
Opening Bell: Indian markets opened higher in today's(30 December 2022) trade amid strong global cues. Key indices Nifty50 climbed over 50 points to trade above 18,200 levels, whereas the S&P BSE Sensex rose over 150 points to trade at 61,292 levels. Broader markets, too, inched higher as Nifty MidCap 100 and Nifty SmallCap 100 indices advanced up to 1 percent. Read more

MARKET UPDATE: Nifty50 surged over 250 points to trade above 18,300 levels and the Sensex advanced over 1,000 points to hit 52-week high of 61,685 levels

Friday, November 11, 2022
Opening Bell: Indian markets were driven higher by bulls in today's(11 November 2022) trade amid strong global cues coupled with a weaker dollar. Key indices Nifty50 surged over 250 points to trade above 18,300 levels and the S&P Sensex advanced over 1,000 points to hit a 52-week high of 61,685 levels. Broader markets, too, cheered in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed over 1 percent each. Volatility gauge, India VIX, meanwhile, slipped over 4 percent. All sectors swam in a sea of green, with the Nifty IT index leading at the forefront, up over 3 percent. Among individual stocks, shares of Zomato surged over 7 percent after the company's net loss narrowed to Rs 251 crore in Q2FY23. Read more

MARKET UPDATE: Sensex advanced over 150 points to trade above 61,350 levels and Nifty50 climbed over 50 points to trade above 18,250 levels

Wednesday, November 9, 2022
Opening Bell: Indian equity markets edged higher in today's(9 November 2022) trade amid strong global cues. Key indices like Nifty50 climbed over 50 points to trade above 18,250 levels and the S&P BSE Sensex advanced over 150 points to trade above 61,350 levels. Broader markets, however, were mixed as Nifty SmallCap 100 index slipped marginally to underperform the Nifty MidCap 100 index. All sectors started to trade on a positive note, with Nifty Pharma and Nifty Realty indices gaining up to 1 percent. Among individual stocks, shares of PB Fintech surged over 5 percent after the company saw losses narrow to Rs 186.64 crore in Q2FY23. Besides, shares of BLS International soared over 5 percent after the company's net profit jumped 83.3 percent YoY to Rs 50.37 crore in Q2FY23.

MARKET UPDATE: Nifty50 climbed over 150 points to trade above 17,950 levels and the Sensex advanced over 600 points to hit a high of 60,606 levels

Monday, October 31, 2022
Indian equity markets edged higher in today's(31 October 2022) intra-day trade amid strong global cues and steady foreign flows. Key indices Nifty50 climbed over 150 points to trade above 17,950 levels and the S&P BSE Sensex advanced over 600 points to hit a high of 60,606 levels. The strength spilled across broader markets too, as Nifty MidCap 100 and Nifty SmallCap 100 surged up to 0.6 percent. Sectorally, Nifty IT and Nifty Auto indices were at the forefront as they rose over 1 percent each. Nifty Metal and Nifty PSU Bank, indices, however, slipped up to 0.3 percent. Read more

MARKET UPDATE:Sensex climbed over 250 points to trade at 60,048 levels, while rose over 50 points to trade above 17,900 levels

Monday, September 12, 2022
Opening Bell: Indian markets opened on a positive note today(12 September 2022) amid strong global cues. Frontline indices Nifty50 rose over 50 points to trade above 17,900 levels and the S&P BSE Sensex climbed over 250 points to trade at 60,048 levels. Broader markets, too, were upbeat in trade as Nifty Midcap 100 and Nifty Smallcap 100 rose up to 1 percent. Tech Mahindra, Bajaj Finserv, M&M, Dr. Reddy's, and Infosys were top contributors to the benchmark indices. Meanwhile, Hindustan Unilever, HDFC, Asian Paints, and Kotak Bank weighed on the indices. All sectors opened in a positive territory with Nifty Media and Nifty IT indices leading the pack. Read more

MARKET UPDATE: Sensex climbed over 450 points to trade at 59,513 levels and the Nifty50 rose 100 points to trade above 17,700 levels

Thursday, September 8, 2022
Opening Bell: Indian markets opened positively in today's (8 September 2022) trade amid firm global cues. Frontline indices Nifty50 rose 100 points to trade above 17,700 levels and the S&P BSE Sensex climbed over 450 points to trade at 59,513 levels. Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 1 percent. Tech Mahindra, Asian Paints, IndusInd Bank, ICICI Bank, and Infosys were the top contributors to the benchmark indices. All sectors opened in positive territory with Nifty IT and Nifty PSU Bank indices leading the trade. Among individual stocks, shares of NDTV hit a 5 percent lower circuit for the second consecutive day. Besides, shares of Max Ventures and Industries gained 2 percent after the company planned to buy Acreage Builders for Rs 322.5 crore.

MARKET UPDATE:Sensex climbed over 250 points at 59,326 levels and the Nifty50 rose over 50 points to trade above 17,650 levels

Thursday, August 25, 2022
Opening Bell: Indian markets opened on a positive note in today's(25 august 2022) trade on the BSE amid strong global cues. Frontline indices Nifty50 rose over 50 points to trade above 17,650 levels and the S&P BSE Sensex climbed over 250 points at 59,326 levels. Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.7 percent. All sectors turned in the green zone. Nifty Media, Nifty Realty, and Nifty IT lead the charge. Bharti Airtel, Tata Steel, Titan, and HUL were top contributors to the benchmark indices. Meanwhile, Asian Paints and Nestle India weighed on the indices. Among individual stocks, shares of NHPC gained 2 percent after the subsidiary signed MoU with the government of Rajasthan. Besides, shares of RBL Bank soared over 23 percent in three days after the board cleared the Rs 3,000 crore fundraising.