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The BSE Sensex rose nearly 1 percent on Thursday after seven sessions of losses, as rate-sensitive stocks including lenders surged on the RBI's announcement of open market operations, while easing fears of tapering by the U.S. Fed also helped.
India's stock markets managed to hold on to its gains despite the wholesale price index touching an eight-month high in October.
Gains were driven by banking stocks, with Bank Nifty (the NSE's banking index) rising over 3 per cent. The rise in banking stocks came after Dr Rajan said the RBI will buy bonds worth Rs 8,000 crore via open market operations (OMO) on Monday.
Indian stock markets rallied today after seven days of losses, tracking positive global cues following dovish comments from Federal Reserve Vice Chair Janet Yellen and higher rupee after RBI chief Raghuram Rajan stepped in to calm markets.
Indian stock markets moved higher today, boosted by dovish comments from Federal Reserve Vice Chair Janet Yellen and higher rupee after RBI chief Raghuram Rajan stepped in to calm markets.
The BSE Sensex fell for a sixth straight session on Tuesday to mark its longest losing streak since late July, a turbulent period marked by the slump in the rupee, as profit-taking continued after the benchmark index's record high earlier this month.
The BSE Sensex fell for a sixth straight session on Tuesday to mark its longest losing streak since late July, a turbulent period marked by the slump in the rupee, as profit-taking continued after the benchmark index's record high earlier this month.
The BSE Sensex fell for a second consecutive day on Wednesday, retreating further from a record high, as recent outperformers such as ICICI Bank continued to be hit by profit-taking.
The IT stocks were among the gainers after strong earnings reported by Cognizant. TCS and Wipro were up over 1 percent while Infosys edged up 0.7 percent.
Helped by rally in the market value of Coal India Ltd and Bharti Airtel, top-eight Sensex-listed companies saw their total market valuation climb by a cumulative Rs 47,381 crore last week.
Indian stocks markets were lower today with recent outperformers coming under selling pressure.
BHEL has been the worst performer on the Sensex since November 2010. The stock has shed 71 per cent of its value in a clear reflection of the sharp slowdown in the Indian economy.
The BSE Sensex fell on Wednesday, on profit-taking after rising to its highest since November 2010 earlier in the week.
The stock index fell sharply on profit-taking after rising to its highest since November 2010 earlier in the week.
IT stocks fell on profit-taking. The NSE index for IT shares is up 45.4 percent in 2013 compared with Nifty returns of 4.6 percent.
Indian stocks markets pared early gains and moved into the negative territory as traders booked in stocks that had recently outperformed the markets.
The BSE Sensex saw some profit-taking after rising near the psychological 21,000 mark in its early trade.
IndusInd Bank (up 5 per cent) and Axis Bank (up 4.2 per cent) were among the top Nifty gainer today. ICICI Bank, India's biggest private lender, traded 3.5 per cent higher.
Indian stock markets rebounded sharply today to hit a new three year high, boosted by strong Asian markets and gains in banking and metal stocks.
Among the Nifty stocks, ICICI Bank, Bank of Baroda and IndusInd bank were up between 1.5 percent and 2 percent.
Indian stock markets ended lower today amid a choppy trade, dragged down by software exporters. The Sensex closed 132 points at 20,415 while Nifty was off 43 points at 6,045.
At its day's high, the stock benchmark had hit nearly three year high of 20,759.58.
The BSE Sensex edges up on the back of gains in IT stocks after Infosys raised the lower end of fiscal 2014 revenue outlook.
IT stocks saw strong buying interest after Infosys raised its revenue guidance for the fiscal year
Indian stocks markets moved higher today, boosted by upgraded guidance from Infosys and strong global cues.
According to the global financial services major, a combination of weak economy, election uncertainty and concern over the reversal of foreign equity/debt flows make us cautious on India.
Tata Motors' shares rose 4.9 per cent after unit Jaguar Land Rover Ltd said in a statement that its September retail sales were up 17 per cent, which dealers said were above expectations.
The BSE Sensex rose on Thursday to its highest close in nearly three weeks, as Tata Motors surged to a record high on unit Jaguar Land Rover's sales while Infosys also edged up ahead of its July-September results on Friday.
Software services exporters extended gains on expectations of strong results for the July-September quarter, given a recovery in the sector's core markets, analysts said. Tata Consultancy Services ended up 2.8 per cent after touching a record high of...
Helped by a smart surge in the market value of IT major Tata Consultancy Services (TCS), seven Sensex companies - including TCS - added a combined Rs 34,875 crore in market capitalisation in the week ended October 4.
The BSE Sensex ended flat on Friday after a HSBC survey showing an index of activity at domestic services companies fell at its fastest pace in more than four years cut short a rally this week that had sent indices to their highest in nearly two week...
Banking stocks rose after the RBI said it would buy up to 100 billion rupees of bonds via open market operations on October 7, sparking gains in bonds.
Bank shares rose after the Reserve Bank said it would buy up to Rs 10,000 crore of bonds via open market operations on October 7, sparking gains in bonds. Lenders are the biggest holders of government bonds and the RBI's rate hike last month had rais...
Rate sensitive stocks, which have been under pressure ever since the RBI hiked repo rate on September 20, led the decline. The Sensex has now shed over 1,200 points since the RBI action.
Banking stocks fell on worries about higher non-performing loans and the possibility of RBI raising rates one more time with its new found focus on inflation, dealers said.
The m-cap of RIL slumped Rs 13,697 crore to Rs 2,71,430 crore, while ONGC took a hit of Rs 13,560 crore to Rs 2,34,848 crore.
The benchmark BSE index fell 0.84 per cent, or 166.58 points, to end at 19,727.27, also falling 2.6 per cent for the week, marking its first weekly fall in five.
Indian stock markets gave up their early gains to move lower as banking stocks came under renewed selling pressure.
The BSE Sensex fell on Wednesday, led by declines in blue chip shares like Reliance Industries on caution ahead of equity derivatives expiry.
Eight blue-chip companies added a combined Rs 54,737 crore in market capitalisation (m-cap) in the past week, with the value of FMCG major ITC alone swelling by Rs 18,881 crore.
Banking stocks led the rally in domestic markets. Private lenders Axis Bank, IndusInd Bank and ICICI Bank were the top three gainers on the Nifty.
The Bank Nifty rose 1.6 per cent as private lenders such as IndusInd Bank (2.9 per cent) and Axis Bank (2.4 per cent) gained sharply. Public sector lenders such as Bank of Baroda (2.4 per cent) and State Bank of India (2.35 per cent) also rose sharpl...
The partially convertible rupee was down 0.33 per cent at 64.05 per dollar as against Tuesday's close of 63.84. Analysts expect easing geopolitical tensions in Syria and the consequent cooling of global crude oil prices to help the rupee.
Among recently beaten down blue chip shares, Reliance Industries Ltd gained 3.9 per cent while ICICI Bank Ltd was up 3.4 per cent.
Indian stock markets extended their gains for the fourth session in a row, helped by a rally in FMCG, oil & gas and metal stocks.
Indian stocks markets opened higher on Monday, boosted by oil stocks after the fuel prices were hiked over the weekend.
Tata Consultancy Services Ltd was up 2.6 per cent after earlier hitting an all-time high of 2,007 rupees, while Wipro Ltd gained 3.4 per cent after touching a 52-week high at Rs. 490.05.
IT stocks led the rebound with the BSE IT benchmark gaining 2.3 per cent tracking the weakness in the Indian rupee. Tata Consultancy Services rose 3.8 per cent, Infosys gained 1.4 per cent, while Wipro traded 3.5 per cent.
Indian stock markets gave up nearly all its gains in the afternoon trade as rupee extended its loss. A flat opening in most of the European markets and profit-taking after sharp gains on Thursday and Friday also weighed on the Sensex.
Larsen & Toubro Ltd gained 2.2 per cent after Barclays upgraded the stock to "overweight", citing a potential recovery in earnings and valuations.

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