Indian equity markets ended higher for the fourth straight session, spurred by positive global sentiment, even as the verdict of the U.S. Presidential elections hangs in the balance.
The S&P BSE Sensex ended 1.8% - or 740 points higher at 41,355. The index turned positive for the year, surpassing the level of 41,253.
The NSE Nifty 50 index too ended 1.8% higher at 12,120. The 50 stock index is 48 points away from turning positive for 2020. The Sensex has gained 1,741 points while the Nifty has gained 478 points in the last four trading sessions.
48 out of the 50 Nifty constituents ended with gains. IndusInd Bank and Hindalco were the top gainers, ending with gains of over 6%. HDFC Life and Hero MotoCorp were the only laggards on the index, ending 0.2% and 0.6% lower respectively.
It was the day for Media and Metal stocks to shine in today's session. Both the respective sectoral indices ended with gains of over 4%.
The Nifty Bank index too ended higher for the fourth straight day, gaining over 2%. The index is up 2,417 points over the last four trading sessions. The PSU Bank index ended with gains of close to 3%.
The Nifty FMCG index ended 1.9% higher while the Nifty I.T. and Nifty Auto indices too posted gains of over 1% each.
The Realty index continues to underperform, ending 0.5% lower and down for the third straight day.
Broader Markets moved in tandem with the benchmark indices. Both Nifty Midcap and Nifty Smallcap index ended the day with gains of 1.7%.
India Volatility Index fell the most in over a month, ending 9.6% lower at 20.96.
1,347 stocks on the NSE ended with gains while 491 stocks posted losses.
- Benchmark indices set to turn positive for the year
- Nifty up 1.5% at 12,082
- Sensex up 1.5% at 41,217
- Nifty Bank up 2% at 26,264
- Nifty Midcap index up 1.4%
- Nifty Smallcap index up 1.6%
- India Volatility Index down 8.5% to 21.22
- Nifty Media and Nifty Metal remain the top sectoral gainers; up over 3.5% each
- Nifty PSU Bank index is up 2.8% while Nifty FMCG is up 1.7%
- State Bank of India remains the top Nifty gainer; up 5.5%
- 48 out of the 50 index constituents are advancing
- Hero MotoCorp remains the top Nifty laggard; down 0.8%
- 1,332 stocks on the NSE are trading with gains while 472 stocks are declining
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- Benchmark indices consolidate near the day's high
- Nifty up 1.3% at 12,064
- Sensex up 1.3% to 41,156
- Nifty Bank up 1.3% at 26,108
- Nifty Midcap index up 1.3%
- Nifty Smallcap index up 1.5%
- India Volatility Index down 8.2% to 21.3
- Nifty Media index is the top sectoral gainer; up 3.5%
- Nifty PSU Bank and Nifty Metal index gain 2.5% each
- Nifty FMCG and Nifty I.T. index up over 1.5% each
- State Bank of India remains the top Nifty gainer; up 5.3%
- 47 out of the 50 index constituents trade with gains
- Hero MotoCorp remains the top Nifty laggard; down 0.7%
- 1,302 stocks on the NSE trade with gains while 466 stocks decline
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- Benchmark indices gain for the fourth straight day
- Nifty up 1.3% at 12,068
- Sensex up 1.3% at 41,153
- Nifty Bank up 1.5% at 26,155
- Nifty Midcap index up 1%
- Nifty Smallcap index up 1.4%
- India Volatility Index down 8% to 21.3
- All sectoral indices trade with gains
- Nifty PSU Bank, Nifty Media and Nifty Metal gain over 2% each
- Nifty I.T. up 1.8% while Nifty FMCG gains 1.3%
- State Bank of India is the top Nifty gainer; up 5.2%
- 48 out of the 50 Nifty constituents advance
- Hero MotoCorp and Titan are the only two Nifty laggards
- 1,263 stocks on the NSE trade with gains while 400 decline
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Indian equity markets have begun the weekly options expiry session on a firm footing, opening higher for the fourth straight day.
The S&P BSE Sensex gained 1.2% to open at 41,112 while the NSE Nifty 50 index was back above the mark of 12,000 - opening 1.3% higher at 12,062.
All sectoral indices have opened with gains. The PSU Bank index has opened 2% higher, courtesy gains in State Bank of India, post brokerage upgrades.
Other indices like the Nifty Bank, Nifty Media have opened 1.5% higher while Nifty I.T., Nifty Auto and Nifty FMCG indices have opened with gains of 1% each.
Broader markets have opened largely in-line with benchmark indices. The Nifty Midcap index is up 0.8% while the Smallcap index has gained 1% at the start of trade.
1,200 stocks on the NSE are trading with gains while 373 stocks are declining.
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