Sensex Gains Nearly 2,300, Nifty Up Over 600 Points This Week

Indian equity markets continued their march towards record high levels, ending higher for the fifth straight day, thereby registering weekly gains.

The S&P BSE Sensex ended 1.3% higher at 41,893. The index is 380 points away from its all-time high of 42,273, which it made in January this year.

The NSE Nifty 50 turned positive for 2020 in today's trading session, ending 1.2% higher at 12,263. The index is 167 points away from its all-time high of 12,430.

For the week, the Sensex has gained 2,279 points, while the Nifty has surged 621 points.

Reliance Industries was the top gainer as well as the top point contributor to the gains on the Nifty 50, ending 3.6% higher. Maruti Suzuki India was the top Nifty laggard, ending 2.9% lower.

Among the sectoral indices, private banks continued their march for the week, with the Nifty Bank ending with gains of 1.8%. The index gained 2,895 points for the week.

The Nifty realty was the other major sectoral gainer, ending 1% higher. The Nifty I.T., Nifty Metal and Nifty PSU Bank index ended with gains of 0.5% each.

Broader markets underperformed in today's session but ended the day with gains. The Nifty Midcap index ended 0.7% higher while the Smallcap index gained 0.6%.

India Volatility Index ended 2.2% lower at 20.49.

1,107 stocks on the NSE ended with gains while 710 stocks declined.

Voltas Q2 Results: Revenue Jumps 13%, Higher Expenses Dent Margin

• Markets set for weekly gains
• Nifty up 1.2% at 12,261
• Sensex up 1.3% at 41,872
• Nifty Bank up 1.8% at 26,784
• Nifty Midcap index up 1%
• Nifty Smallcap index up 1%
• India Volatility Index down 0.8% to 20.8
• Nify Realty and Nifty PSU Bank index up over 1% each
• Nifty Auto and Nifty Media index up 0.5% each
• Bajaj Finserv is the top Nifty gainer; up 4.5%
• Maruti Suzuki is the top Nifty laggard; down 2%
• 1,135 stocks on the NSE are trading with gains while 627 are declining

Birla Corp’s Shares Surge On Capacity Expansion Plans, Q2 Results Beat

• Benchmark indices trading with steady gains
• Nifty up 0.6% at 12,193
• Sensex up 0.7% at 41,625
• Nifty Bank up 0.5% at 26,453
• Nifty Midcap index up 0.7%
• Nifty Smallcap index up 1%
• India Volatility Index down 2.4% to 20.45
• Most sectoral indices are off the day's high
• Nifty Realty remains the top sectoral gainer; up 1%
• Nifty Pharma, Nifty I.T. decline 0.5% each
• Reliance Industries remains the top Nifty gainer; up 3.5%
• Maruti Suzuki remains the top Nifty laggard; down 1.9%
• 1,157 stocks on the NSE are trading with gains while 560 decline

The company informed the exchanges that it will consider its first interim dividend for FY21 at its board meeting on November 12.

It will also be declaring its quarterly results that day.

Shares gained as much as 3.8% to Rs 21,800, post the announcement. The stock is up for the fourth day in a row.

Container Corp.’s Shares Fall The Most In Three Months Low Despite Returning To Profit In Q2

• Benchmark indices gain for the fifth straight day
• Nifty turns positive year-to-date; up 0.6% at 12,195
• Sensex up 0.7% at 41,621
• Nifty Bank up 0.6% at 26,469
• Nifty Midcap index up 0.9%
• Nifty Smallcap index up 1.2%
• India Volatility Index down 3.3% to 20.26
• Nifty Realty is the top sectoral gainer; up 1.2%
• Nifty PSU Bank is the other sectoral gainer; up 0.8%
• Other sectoral indices trade flat
• Nifty Pharma is the only sectoral laggard; down 0.2%
• Reliance Industries is the top Nifty gainer; up 2.5%
• Maruti Suzuki is the top Nifty laggard; down 1.4%
• 1,227 stocks on the NSE are trading with gains while 456 are declining

From 12,168 To 7,511 & Back: Mapping The Nifty’s Journey In 2020

Indian equity markets opened higher but with a positive bias after ending with gains for the fourth straight day on Thursday.

The S&P BSE Sensex is up 0.3% at 41,457 while the NSE Nifty 50 is 10 points away from erasing all the losses for the year, up 0.3% at 12,158.

The Nifty Bank index has opened 0.4% lower in today's session after a 2,400 point rally over the last four days.

The Nifty Media index is the top sectoral gainer, up 1.1% while the Nifty Auto index is up 0.6%.

Broader markets have opened higher. The Nifty Midcap index is up 0.4% while the Smallcap index is up 0.7% - outperforming the benchmarks.

India Volatility Index is down another 5%, below the mark of 20 at 19.91.

1,011 stocks on the NSE have opened with gains while 505 are declining.