Sensex, Nifty Gain For Second Day; Nifty Bank Up Another 800 Points

Indian equity markets ended higher for the second straight day with banking stocks leading the charge yet again.

The S&P BSE Sensex ended 1.27% higher at 40,261 while the NSE Nifty 50 regained the mark of 11,800, ending 1.2% higher at 11,813.

After a 990 point surge on Monday, the Nifty Bank contributed another 3% or close to 800 points in today's session, taking the two-day tally to nearly 1,800 points.

Auto, Pharma and PSU Banks were the other outperformers in today's session, with the respective sectoral indices ending with gains of over 1.5% each.

The Nifty Realty index was the top laggard in today's session, ending 2.3% lower. Also ending lower was the Nifty Media index, with cuts of 0.4%.

Broader markets gave up most of the day's gains to end mixed. The Nifty Midcap index ended 0.6% higher while the Smallcap index ended little changed.

995 stocks on the NSE ended with gains while 831 posted losses.

• 70.8% growth in health supplements backed by ~2x sales of Dabur Chyawanprash and double-digit growth in Dabur Honey.
• Market share in Chyawanprash category up 190 basis points
• Pudin Hara Portfolio saw double-digit growth
• Hajmola portolio impacted due to restricted outdoor activity
• OTC business up 56.1% led by strong growth in Lal Tail and Shilajit
• Oral care business up 24.2%; Red toothpaste continues to see good momentum
• Toothpaste market share improved 90 basis points
• Hair oil business down 6.3% due to low CSD sales
• Market share in shampoo category up 80 bps; segment growth of 17.8%

• Benchmark indices continue to hold gains of over 1%
• Nifty up 1.1% at 11,803
• Sensex up 1.2% at 40,230
• Nifty Bank up 2.9% at 25,620
• Nifty Midcap index up 0.8%
• Nifty Smallcap index up 0.4%
• India Volatility Index down 4.7% to 24
• Nifty Realty remains the only sectoral laggard; down 2.5%
• Nifty Metal is the other major sectoral gainer; up 2.3%
• Nifty Auto up 1.7% while the PSU Bank index is up 1.3%
• ICICI Bank remains the top Nifty gainer; up 5.7%
• UPL remains the top Nifty laggard; down 5.7%
• 1,078 stocks on the NSE trade with gains while 698 are declining

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• Benchmark indices hold on to gains of over 1%
• Nifty up 1.2% at 11,805
• Sensex up 1.2% to 40,233
• Nifty Bank up 2.3% to 25,472
• Nifty Midcap index up 0.7%
• Nifty Smallcap index up 0.5%
• India Volatility Index down 2.4% to 24.6
• Nifty Metal index extends gains; up 2%
• Nifty Auto is the other major sectoral gainer; up 1.6%
• Nifty Realty is the top sectoral laggard; down 1.2%
• ICICI Bank remains the top Nifty gainer; up 4%
• UPL is the top Nifty laggard; down 5.7%
• 1,142 stocks on the NSE are trading with gains while 631 decline.

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• Benchmark indices trading with gains
• Nifty up 0.8% at 11,766
• Sensex up 0.8% at 40,086
• Nifty Bank up 1.6% at 25,286
• Nifty Midcap index up 0.8%
• Nifty Smallcap index up 0.7%
• India Volatility Index down 1.1% to 24.94
• Nifty Pharma is the top sectoral gainer; up 1.9%
• Nifty Metal, Nifty Auto gain over 1% each
• Nifty Realty is the only sectoral laggard; down 0.5%
• ICICI Bank is the top Nifty gainer; up 2.8%
• NTPC is the top Nifty laggard; down 2.6%
• 1,151 stocks on the NSE are trading with gains while 532 are declining

Indian equity markets have opened higher, after a volatile session on Monday, ahead of the U.S. Presidential elections.

The S&P BSE Sensex opened 0.6% higher at 39,990 while the NSE Nifty 50 index opened above the mark of 11,700 at 11,734 - up 0.56%.

The Nifty Bank is extending Monday's 990 point surge, opening with gains of 0.9%, while the PSU Bank index too has opened with gains of 0.7%.

The Nifty Media, Metal and Auto indices are also trading with gains of 0.7% at the start of trade. The realty index is the only laggard, opening 0.25% lower.

Broader markets have opened in-line with the benchmark indices. The Nifty Midcap is up 0.5% while the Smallcap index is up 0.6% after Monday's underperformance.

1,103 stocks on the NSE are trading with gains while 414 have opened with losses.