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	<title>Kotak Mahindra Bank Archives - The Gulf Indians</title>
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		<title>Nifty closes above 13,000 points for first time</title>
		<link>http://thegulfindians.com/nifty-closes-above-13000-points-for-first-time/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 24 Nov 2020 11:19:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[Grasim]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[HDFC Life]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Mahindra]]></category>
		<category><![CDATA[Tata Steel]]></category>
		<category><![CDATA[Tech Mahindra]]></category>
		<category><![CDATA[Titan]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=18361</guid>

					<description><![CDATA[<p>The 50-share index Nifty rose above 13,000 points for the first time in history. The trade ended at this level. HDFC Bank, Adani Ports, Eicher Motors, Hindalco, Mahindra &#38; Mahindra, Kotak Mahindra Bank, Tech Mahindra, Tata Steel, Asian Paints, HDFC Life and Grasim were among the gainers. The stock market, which has been steadily rising,</p>
<p>The post <a href="http://thegulfindians.com/nifty-closes-above-13000-points-for-first-time/">Nifty closes above 13,000 points for first time</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The 50-share index Nifty rose above 13,000 points for the first time in history. The trade ended at this level. HDFC Bank, Adani Ports, Eicher Motors, Hindalco, Mahindra &amp; Mahindra, Kotak Mahindra Bank, Tech Mahindra, Tata Steel, Asian Paints, HDFC Life and Grasim were among the gainers.</p>
<p>The stock market, which has been steadily rising, set a new record. Banks, auto and pharma stocks were the main contributors to the stock market&#8217;s rise to new heights. The Nifty Bank Index was up 2.46 per cent, the Nifty Pharma Index was up 1.22 per cent and the Nifty Auto Index was up 1.71 per cent.</p>
<p>The Sensex closed above 44,500 and the Nifty closed above 13,000. The Nifty set a new record of 13,079. The Sensex was up by 445.87 points and the Nifty by 128.70 points.</p>
<p>The Sensex closed at 44,523.02 points and the Nifty at 13055.20 points. The Nifty traded down 200 points during the day. The day&#8217;s low was 12,978 points.</p>
<p>Adani Ports, Axis Bank, HDFC Bank, Eicher Motors and Hindalco were the top five gainers. Shares of Axis Bank, HDFC Bank, Aysher Motors and Hindalco gained over 3 per cent.</p>
<p>Most of the stocks in the Nifty gained. Out of the 50 stocks in the Nifty, 38 gained while 12 lost. Shares of Titan, HDFC, BPCL, Nestle India and GAIL lost ground.</p>
<p>The post <a href="http://thegulfindians.com/nifty-closes-above-13000-points-for-first-time/">Nifty closes above 13,000 points for first time</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market touches a new high</title>
		<link>http://thegulfindians.com/stock-market-touches-a-new-high/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 18 Nov 2020 12:28:13 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#L&T]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[Bajaj Finserv]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Divis Lab]]></category>
		<category><![CDATA[Dr. Reddy's Laboratories]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[Grasim Industries]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[HDFC Life]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Hindustan Unilever]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Mahindra & Mahindra]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<category><![CDATA[TCS]]></category>
		<category><![CDATA[Titan]]></category>
		<category><![CDATA[Ultratech Bank]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17961</guid>

					<description><![CDATA[<p>The stock market continues to set records every day. On November 18 the market has reached new heights. The Sensex closed above 44,000 points for the first time. The Sensex was up 227 points and the Nifty 64 points. The Nifty closed above 12,900 for the first time. The Sensex closed at 44180.05 points and</p>
<p>The post <a href="http://thegulfindians.com/stock-market-touches-a-new-high/">Stock market touches a new high</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market continues to set records every day. On November 18 the market has reached new heights. The Sensex closed above 44,000 points for the first time. The Sensex was up 227 points and the Nifty 64 points. The Nifty closed above 12,900 for the first time.</p>
<p>The Sensex closed at 44180.05 points and the Nifty closed at 12938.30 points. The Nifty was down about 130 points during the day. The day’s low was 12,819 points. The Nifty had gone up to 12,948 points during the day.</p>
<p>Auto and bank stocks were the major contributors to the day’s gains. The Nifty Bank Index was up 1.95 per cent and the Nifty Auto Index was up 3.10 per cent.</p>
<p>Mahindra &amp; Mahindra, Tata Motors, Bajaj Finserv, L&amp;T and IndusInd Bank were the top five gainers. Mahindra &amp; Mahindra gained 10.65 per cent and Tata Motors gained 9.30 per cent. Shares of Bajaj Finserv, L&amp;T and IndusInd Bank gained over 6 per cent.</p>
<p>Mahindra &amp; Mahindra, Adani Ports, Eicher Motors, Hindalco, HDFC Bank, Kotak Mahindra Bank, Divis Lab, Grasim Industries, Ultratech Bank and HDFC Life were at the year’s highest during the day.</p>
<p>The majority of Nifty stocks traded higher. Of the 50 stocks in the Nifty, 26 gained while 24 lost. IT and pharma stocks fell. BPCL, Hindustan Unilever, Dr Reddy&#8217;s Laboratories, Titan and TCS were among the losers.</p>
<p>The post <a href="http://thegulfindians.com/stock-market-touches-a-new-high/">Stock market touches a new high</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Eight-day surge in market ends</title>
		<link>http://thegulfindians.com/eight-day-surge-in-market-ends/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 12 Nov 2020 11:57:54 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[#Coal India]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[#Sree Cements]]></category>
		<category><![CDATA[Grasim]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[Hindustan Unilever]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[NTPC]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17560</guid>

					<description><![CDATA[<p>Our Corrrespondent The stock market lost ground on November 12 after eight consecutive days of gains. The Sensex was down 236 points and the Nifty 58 points. The decline was due to high levels of profit booking. The Sensex closed at 43357.19 points and the Nifty 12690.80 points. The Nifty traded down 120 points during</p>
<p>The post <a href="http://thegulfindians.com/eight-day-surge-in-market-ends/">Eight-day surge in market ends</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Our Corrrespondent</strong></p>
<p>The stock market lost ground on November 12 after eight consecutive days of gains. The Sensex was down 236 points and the Nifty 58 points. The decline was due to high levels of profit booking.</p>
<p>The Sensex closed at 43357.19 points and the Nifty 12690.80 points. The Nifty traded down 120 points during the day. Nifty was down by 12,624 points. The Nifty had risen to 12,741 points during the day.</p>
<p>Shares of banks, which had made a major contribution in the past few days, fell. The Nifty Bank Index fell 1.73 per cent. All stocks in the Nifty Bank Index fell. Bank of Baroda and SBI fell more than 3%.<br />
At the same time, FMCG stocks rose. The Nifty FMCG index was up 1.28 per cent.</p>
<p>Hindustan Unilever, Grasim, Sree Cements, Hindalco and ITC were the top five gainers in the Nifty. Shares of Hindustan Unilever, Grasim and Shree Cements gained over 2 per cent.</p>
<p>The majority of Nifty stocks traded higher. Of the 50 stocks in the Nifty, 26 gained while 24 lost. Shares of SBI, Kotak Mahindra Bank, Coal India, IndusInd Bank and NTPC lost over 2 per cent.</p>
<p>The post <a href="http://thegulfindians.com/eight-day-surge-in-market-ends/">Eight-day surge in market ends</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market gains for the fifth day</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Fri, 06 Nov 2020 13:19:48 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[Bajaj Finserv]]></category>
		<category><![CDATA[Bharti Airtel]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[Indus Ind Bank]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Maruti Suzuki]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[Ultratech Cements]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17159</guid>

					<description><![CDATA[<p>Our Correspondent The stock market gained for the fifth day in a row on November 6. The prospect of Joe Biden becoming the United States President has raised the prospects of a new stimulus plan. This is the reason why the market is booming. The Sensex was up by 552 points and the Nifty by</p>
<p>The post <a href="http://thegulfindians.com/stock-market-gains-for-the-fifth-day/">Stock market gains for the fifth day</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Our Correspondent</strong></p>
<p>The stock market gained for the fifth day in a row on November 6. The prospect of Joe Biden becoming the United States President has raised the prospects of a new stimulus plan. This is the reason why the market is booming. The Sensex was up by 552 points and the Nifty by 143 points. The market has been on a bullish trend since November 6 morning.</p>
<p>The trading day started with gains. The Sensex remained above 41,000 points. The Sensex closed at 41,893 points. The Nifty rose again to 12,250 points. Nifty gained 143 points to 11,280. The day’s low was 12,131 points. The Nifty closed at 12,263 points.</p>
<p>The majority of Nifty stocks traded higher on the day. Of the 50 stocks in the Nifty, 32 gained while 18 lost. Bajaj Finserv, Reliance Industries, Indus Ind Bank, HDFC Bank and Kotak Mahindra Bank were the top five gainers today. These stocks gained over 3 per cent.</p>
<p>Banking and IT stocks were the biggest gainers on the day. The Nifty Bank Index was up 1.99 per cent. The Nifty IT index gained 1.02 per cent.</p>
<p>Maruti Suzuki, GAIL, Bharti Airtel, Ultratech Cements and Asian Paints were the top five losers in the Nifty. Maruti Suzuki fell 2.63 per cent.</p>
<p>The post <a href="http://thegulfindians.com/stock-market-gains-for-the-fifth-day/">Stock market gains for the fifth day</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market gains after fluctuation</title>
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		<pubDate>Tue, 27 Oct 2020 11:50:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Infosys]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Shree Cements]]></category>
		<category><![CDATA[TCS]]></category>
		<category><![CDATA[Wipro]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=16448</guid>

					<description><![CDATA[<p>The stock market on October 27 made up for the losses the day before. The Sensex was up by 376 points and the Nifty by 121 points. The market closed with gains after a sharp volatility. The morning trade started with a slight gain but then moved towards a loss. But since then there has</p>
<p>The post <a href="http://thegulfindians.com/stock-market-gains-after-fluctuation/">Stock market gains after fluctuation</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market on October 27 made up for the losses the day before. The Sensex was up by 376 points and the Nifty by 121 points. The market closed with gains after a sharp volatility.</p>
<p>The morning trade started with a slight gain but then moved towards a loss. But since then there has been a strong uptick in the market. The Nifty gained 175 points from a low.</p>
<p>The Sensex closed at 40,522 points. It was up 40,555 points. Today&#8217;s low was 39,978 points. There was strong support at 40,000 points.</p>
<p>The Nifty fell below 11,800 points on October 26 but rose above that level on October 27. Similarly, Nifty gained 121 points to 11,899. The Nifty closed at 11,889 points, after falling 1,723 points.</p>
<p>The majority of Nifty stocks traded higher. Of the 50 stocks involved in the Nifty, 32 gained while 18 lost. Kotak Mahindra Bank, Nestle India, Asian Paints, Shree Cements and Bajaj Finance were the top five gainers.</p>
<p>Kotak Mahindra Bank gained 11.70 per cent. During the July-September quarter, Kotak Mahindra Bank reported better-than-expected performance. This is what caused the stock price to soar. Shares of Nestle India, Asian Paints and Shree Cements gained over 5 per cent.</p>
<p>Bank stocks were the biggest gainers. The Nifty Bank Index was up 2.88 per cent. Kotak Mahindra Bank&#8217;s strong performance led to the rise of other bank stocks. At the same time, IT stocks lost ground.</p>
<p>HDFC, TCS, ONGC, Infosys and Wipro were the top five gainers in the Nifty. HDFC fell more than 2 per cent.</p>
<p>The post <a href="http://thegulfindians.com/stock-market-gains-after-fluctuation/">Stock market gains after fluctuation</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex up 629 points; Nifty above 11,400</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 01 Oct 2020 10:52:31 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[Bajaj Auto and ICICI Bank]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Bajaj Finserv]]></category>
		<category><![CDATA[Dr Reddy's Lab]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[NTPC]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Tech Mahindra]]></category>
		<category><![CDATA[Titan]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=14704</guid>

					<description><![CDATA[<p>The stock market closed higher this week. The Sensex was up 629 points and the Nifty was up 169 points on October 1. Friday, Gandhi Jayanti Day, is a holiday for the stock market. The Sensex closed at 38,697 points. The day’s low was 38,410 points. After last week&#8217;s correction, this week&#8217;s the best performance.</p>
<p>The post <a href="http://thegulfindians.com/sensex-up-629-points-nifty-above-11400/">Sensex up 629 points; Nifty above 11,400</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market closed higher this week. The Sensex was up 629 points and the Nifty was up 169 points on October 1. Friday, Gandhi Jayanti Day, is a holiday for the stock market.</p>
<p>The Sensex closed at 38,697 points. The day’s low was 38,410 points. After last week&#8217;s correction, this week&#8217;s the best performance. The Nifty rose again to 11,400 points and ended at that level. The market started well and then continued to gain. The Nifty closed at 11,417.</p>
<p>On September 30, the central government introduced more restrictions on lockdowns to help the market. It is a reflection of the progress in the global market, which is also seen in the Indian market.</p>
<p>Bank stocks led the gains on the day. The Nifty Bank Index was up 3.70 per cent. IndusInd Bank was up 12.44 per cent on the day.</p>
<p>Most of the 50 stocks in the Nifty were gainers. Thirty-nine stocks gained while only 11 stocks lost. IndusInd Bank, Bajaj Finance, Axis Bank, Bajaj Auto and ICICI Bank were the top gainers. Shares of Bajaj Finance, Axis Bank, Bajaj Auto, ICICI Bank, Tech Mahindra, Adani Ports, Bajaj Finserv and Kotak Mahindra Bank gained over 3 per cent.</p>
<p>Dr Reddy’s Lab, ONGC, ITC, NTPC and Titan were the top five losers in the Nifty.</p>
<p>The post <a href="http://thegulfindians.com/sensex-up-629-points-nifty-above-11400/">Sensex up 629 points; Nifty above 11,400</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market sees strong fall</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 31 Aug 2020 12:48:13 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[un Pharma]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=12217</guid>

					<description><![CDATA[<p>The stock market fell sharply after a six-day rally on August 31. The Sensex was down 839.02 points and the Nifty was down 260.10 points. The Nifty closed below 11,400 points. The Sensex closed at 38628.29 points. Of the 48 stocks in the Nifty, only two gained. Sun Pharma, Zee Limited, SBI, Cipla and Sree</p>
<p>The post <a href="http://thegulfindians.com/stock-market-see-strong-fall/">Stock market sees strong fall</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market fell sharply after a six-day rally on August 31. The Sensex was down 839.02 points and the Nifty was down 260.10 points. The Nifty closed below 11,400 points. The Sensex closed at 38628.29 points.</p>
<p>Of the 48 stocks in the Nifty, only two gained. Sun Pharma, Zee Limited, SBI, Cipla and Sree Cements were the top five losers in the Nifty. Sun Pharma fell 7.42 per cent.</p>
<p>The market started from where it left off last week. Although the Nifty touched a low of 11,800 in the morning, the negative news of another clash on the Indo-China border sent the market down. The Nifty fell below 11,400 points. Strong selling pressure was seen in various stocks, including banking.</p>
<p>In the meantime, there are indications that the conflict is escalating, and India is watching cautiously. It is in this context that the stock market witnessed a sharp decline.</p>
<p>The Nifty is down over 400 points. Shares of pharma and banking stocks were under strong selling pressure. The Nifty Pharma index was down 4.67 per cent. The Bank Nifty index, which had gained more than four per cent on Friday, fell 3.14 per cent on August 31. Leading banks like SBI, IndusInd Bank, ICICI Bank and Kotak Mahindra Bank fell more than 5 per cent.</p>
<p>The post <a href="http://thegulfindians.com/stock-market-see-strong-fall/">Stock market sees strong fall</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex reaches above 39,000 points</title>
		<link>http://thegulfindians.com/sensex-reaches-above-39000-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 26 Aug 2020 11:18:14 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[Bharti Airtel]]></category>
		<category><![CDATA[HDFC Life]]></category>
		<category><![CDATA[Hero Motors]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Maruti Suzuki]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<category><![CDATA[Ultratech Cements]]></category>
		<category><![CDATA[Zee Limited]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=11944</guid>

					<description><![CDATA[<p>The stock market continued to rise. The Sensex closed above 39,000 points on August 26 and the Nifty closed above 11,500 points. The Sensex was up 230 points and the Nifty 77 points. Shares of automobiles and banks played a major role in the market surge. The Sensex ended at 39,073 points on the day.</p>
<p>The post <a href="http://thegulfindians.com/sensex-reaches-above-39000-points/">Sensex reaches above 39,000 points</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market continued to rise. The Sensex closed above 39,000 points on August 26 and the Nifty closed above 11,500 points. The Sensex was up 230 points and the Nifty 77 points. Shares of automobiles and banks played a major role in the market surge.</p>
<p>The Sensex ended at 39,073 points on the day. It was up 39,111 points during trading. The day’s low was 38,765 points.</p>
<p>On August 25, the US stock market set a new all-time high. The stock market continues to jump. This was also reflected in the boom in the Indian market. Right now, global indicators are mainly driving the Indian market.</p>
<p>Similarly, the Nifty closed at 11,549 points. The stock ended the day at 11,462 points.<br />
Thirty-two Nifty stocks gained while 18 stocks lost. Tata Motors, Hero Motors, IndusInd Bank, Zee Limited and Kotak Mahindra Bank were the top five gainers in the Nifty. Tata Motors was up 8.81 per cent and Hero Motors was up 6.49 per cent. IndusInd Bank and Zee Limited gained over 5 per cent.</p>
<p>The Nifty Bank Index was up 1.39 per cent and the Nifty Auto Index was up 1.46 per cent. The move to cut GST on two-wheelers has benefited companies in the sector. This is the main reason why Hero Motors jumped.</p>
<p>Bharti Airtel, Ultratech Cements, Asian Paints, Maruti Suzuki and HDFC Life were the top five losers in the Nifty. Bharti Airtel and Ultratech Cement fell more than two per cent.</p>
<p>The post <a href="http://thegulfindians.com/sensex-reaches-above-39000-points/">Sensex reaches above 39,000 points</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty closes above 11,450</title>
		<link>http://thegulfindians.com/nifty-closes-above-11450/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 24 Aug 2020 11:53:51 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Grasim]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[hindalco]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Mahindra & Mahindra]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Powergrid]]></category>
		<category><![CDATA[Zee Ltd]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=11797</guid>

					<description><![CDATA[<p>The stock market continues to surge. The market followed the surge at the end of last week. The Sensex was up by 364 points and the Nifty by 95 points. Bank and finance stocks paved the way for the market surge. The growth in the US market was also reflected in the Indian market. The</p>
<p>The post <a href="http://thegulfindians.com/nifty-closes-above-11450/">Nifty closes above 11,450</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market continues to surge. The market followed the surge at the end of last week. The Sensex was up by 364 points and the Nifty by 95 points. Bank and finance stocks paved the way for the market surge.</p>
<p>The growth in the US market was also reflected in the Indian market. The US stock market hit a new all-time high on August 21.</p>
<p>The Sensex ended at 38,799 points on August 24. The Sensex had gained over 38,894.94 points during trading. Similarly, Nifty closed at 11,466 points. The stock had gained 11,497.25 points during the trading session.</p>
<p>With the Nifty breaking the key support level of 11,377, the jump is likely to continue. The Nifty is the next strongest at 11,550 points.</p>
<p>Twenty-eight stocks in the Nifty gained while 22 stocks lost ground. Zee Ltd, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finance and HDFC Bank were the top five gainers in the Nifty. Zee Ltd. rose 4.76 per cent. Kotak Mahindra Bank, IndusInd Bank and Bajaj Finance gained over 3% each.</p>
<p>Similarly, Nifty Banking Index rose by 2.38 per cent. IDFC First Bank advanced 4.70 per cent. The Nifty Financial Services Index gained 2.07 per cent.</p>
<p>Powergrid, Mahindra &amp; Mahindra, Adani Ports, Hindalco and Grasim are the top five losers in the Nifty. Powergrid fell 2%.</p>
<p>The post <a href="http://thegulfindians.com/nifty-closes-above-11450/">Nifty closes above 11,450</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty closes above 11,400</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 19 Aug 2020 13:40:37 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Bajaj Auto]]></category>
		<category><![CDATA[Bank of Baroda]]></category>
		<category><![CDATA[Bharti Airtel]]></category>
		<category><![CDATA[Britannia Federal Bank]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Maruti Suzuki]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[RBL Bank]]></category>
		<category><![CDATA[United Phosphorus]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=11499</guid>

					<description><![CDATA[<p>The stock market rose for the third day in a row. The Nifty traded lower by 65 points during trading. The market has never been lower on August 19 than it was the day before. The fact that US stock market is at an all-time high has aided Indian market too. The Sensex was up</p>
<p>The post <a href="http://thegulfindians.com/nifty-closes-above-11400/">Nifty closes above 11,400</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market rose for the third day in a row. The Nifty traded lower by 65 points during trading. The market has never been lower on August 19 than it was the day before. The fact that US stock market is at an all-time high has aided Indian market too.</p>
<p>The Sensex was up by 86 points and the Nifty by 23 points. The Nifty closed above 11,400 points, indicating that the stock market will continue to rise. 11,377 is the key pressure level of the Nifty. The market is gaining strength on the back of two consecutive days of trading above this level.</p>
<p>The Sensex ended at 38,614 points. The Sensex had gained 38,788.51 points in the morning trade. Similarly, the Nifty closed at 11,408 points. The Nifty is currently trading at its highest level of 11,460 points.</p>
<p>Twenty eight stocks in the Nifty gained while 22 stocks lost ground. Bharti Airtel, Maruti Suzuki, ICICI Bank, United Phosphorus and Indian Oil Corporation were the top five gainers in the Nifty. These stocks gained over one per cent.</p>
<p>Bank and metal stocks were the main gainers on the day. Punjab National Bank rose 4.41 per cent. Federal Bank, Bank of Baroda and RBL Bank gained over 2% each. Leading metal major National Aluminum rose 70 per cent. Metal stocks have been steadily gaining over the past few days.</p>
<p>Bajaj Auto, ONGC, Nestle India, Kotak Mahindra Bank and Britannia were the top five losers in the Nifty. Bajaj Auto fell 1.20 per cent.</p>
<p>The post <a href="http://thegulfindians.com/nifty-closes-above-11400/">Nifty closes above 11,400</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Slight loss in stock market</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 12 Aug 2020 10:30:40 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#bse]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Dr. Reddy's Laboratories]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[HCL Tech]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<category><![CDATA[Tech Mahindra]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=10918</guid>

					<description><![CDATA[<p>The stock market on August 11 ended with a slight loss. The Nifty lost slightly after surging for six consecutive days. It closed above 11,300. The Sensex was down 37 points and the Nifty was down 14 points on August 11. The Sensex closed at 38,369 points. The Sensex had lost 38,125 points during trading.</p>
<p>The post <a href="http://thegulfindians.com/slight-loss-in-stock-market/">Slight loss in stock market</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market on August 11 ended with a slight loss. The Nifty lost slightly after surging for six consecutive days. It closed above 11,300.</p>
<p>The Sensex was down 37 points and the Nifty was down 14 points on August 11. The Sensex closed at 38,369 points. The Sensex had lost 38,125 points during trading. The Nifty closed at 11,308. It had lost close to 11,242 points during the trading session.</p>
<p>While 23 stocks in the Nifty gained, 27 stocks declined. The top five gainers were HCL Tech, SBI, Tech Mahindra, Eicher Motors and Tata Motors. HCL Tech gained 4.66%.</p>
<p>Shares of public sector banks were the main gainers on the day. The Nifty PSU Bank Index gained 2.70%. Shares of SBI rose 4.33%. Shares of Indian Overseas and Punjab National Bank also gained over 3%.</p>
<p>At the same time, profit booking was seen among pharma stocks. The Nifty Pharma index was down 1.55%. Profit booking on high price caused pharma stocks to fall.</p>
<p>Kotak Mahindra Bank, Sun Pharma, Cipla, Britannia and Dr Reddy&#8217;s Laboratories were the top five losers in the Nifty. Shares of Kotak Mahindra Bank, Sun Pharma and Cipla fell more than 2%.</p>
<p>The post <a href="http://thegulfindians.com/slight-loss-in-stock-market/">Slight loss in stock market</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Crash in the stock market continues</title>
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		<pubDate>Fri, 31 Jul 2020 11:11:20 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[Aurbindo Pharma]]></category>
		<category><![CDATA[Bajaj Auto]]></category>
		<category><![CDATA[Cadila Healthcare]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[Grasim]]></category>
		<category><![CDATA[HDFC Bank]]></category>
		<category><![CDATA[JSW Steel]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[Sun Pharma]]></category>
		<category><![CDATA[Torrent Pharma]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=9578</guid>

					<description><![CDATA[<p>The crash in the stock market continued on July 31. The Sensex was down 129 points. The Sensex, which had declined for three consecutive days, fell by about 900 points during the day. The Sensex, which had touched a high of 37,897.78 in the morning trade, fell to 37,431.68. It closed at 37,606.89 points. Similarly,</p>
<p>The post <a href="http://thegulfindians.com/crash-in-the-stock-market-continues/">Crash in the stock market continues</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The crash in the stock market continued on July 31. The Sensex was down 129 points. The Sensex, which had declined for three consecutive days, fell by about 900 points during the day.</p>
<p>The Sensex, which had touched a high of 37,897.78 in the morning trade, fell to 37,431.68. It closed at 37,606.89 points.</p>
<p>Similarly, the Nifty ended trade 29 points lower at 11,073. The Nifty was up by 11,150.40 points during trading. It fell to 11,026.65 at one point. The Nifty is under strong pressure at 11,300. It&#8217;s not able to cross that as booking of profits was seen.<br />
Pharma stocks were the main gainers today. The top five gainers on the Nifty were Sun Pharma, Cipla, JSW Steel, Grasim and UPL. Sun Pharma gained 5.46%. The stock hit a 52-week high, setting a new record.</p>
<p>Similarly, the Nifty Pharma Index gained 3.56% on the day. Torrent Pharma gained 9.18%, Aurbindo Pharma 6.67% and Cadila Healthcare 6.66 %.</p>
<p>The top five losers in the Nifty were Eicher Motors, Reliance Industries, HDFC Bank, Bajaj Auto and Kotak Mahindra Bank.</p>
<p>The post <a href="http://thegulfindians.com/crash-in-the-stock-market-continues/">Crash in the stock market continues</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty crosses 11,300 points</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 28 Jul 2020 10:50:30 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Nestle India]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[Grasim Industries]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[Infratel]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Mahindra & Mahindra]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Tata Motors]]></category>
		<category><![CDATA[TCS]]></category>
		<category><![CDATA[Ultratech Cement]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=9133</guid>

					<description><![CDATA[<p>On July 28, the stock market rose sharply after falling yesterday. The market witnessed the Nifty rise above 11,300 points. At the close of trading, the Sensex was up 558 points. The Sensex, which had gained over 38,554 points during trading session, closed at 38,492 points. Similarly, the wide-based National Stock Exchange Index Nifty closed</p>
<p>The post <a href="http://thegulfindians.com/nifty-crosses-11300-points/">Nifty crosses 11,300 points</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>On July 28, the stock market rose sharply after falling yesterday. The market witnessed the Nifty rise above 11,300 points.</p>
<p>At the close of trading, the Sensex was up 558 points. The Sensex, which had gained over 38,554 points during trading session, closed at 38,492 points.</p>
<p>Similarly, the wide-based National Stock Exchange Index Nifty closed 168 points higher at 11,300 points. The Nifty was up by 11,317.75 points.</p>
<p>Ultratech Cement, TCS, Tata Motors, Grasim Industries and Kotak Mahindra Bank were the top gainers. Ultratech Cement gained 7.07 per cent.<br />
Auto stocks led the market on the day. Similarly, the Nifty rose by 3.37 per cent. Mahindra &amp; Mahindra gained 5.26%. This stock hit a 52-week high on the day.</p>
<p>IT stocks helped the market with strong gains. TCS rose 4.57 per cent. HCL Tech and Infosys hit 52-week highs today. The Nifty IT index was up 2.51 per cent.</p>
<p>The top five losers in the Nifty were Infratel, Nestle India, ICICI Bank, ONGC and Asian Paints.</p>
<p>The post <a href="http://thegulfindians.com/nifty-crosses-11300-points/">Nifty crosses 11,300 points</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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