Benchmark Sensex spurted 418 points to settle at more than six-month high while Nifty closed above the 17,700 mark on Tuesday amid optimism in the global markets and positive domestic macroeconomic data points.

Buying in index majors Reliance Industries and ITC also added to the optimism in equities. Climbing for the second straight session, the 30-share BSE Sensex jumped 418.45 points or 0.67 per cent to settle at 63,143.16. During the day, it advanced 452.76 points or 0.72 per cent to 63,177.47.

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MUMBAI:

Benchmark indices were trading higher in the afternoon session with Nifty above 18400.The Sensex was up 369.32 points or 0.60 per cent at 62,397.22, and the Nifty was up 99.60 points or 0.54 per cent at 18,414.40. About 1,799 shares advanced, 1,422 shares declined, and 155 shares were unchanged.

Nifty Bank index rose 0.5% led by Bandhan Bank, Bank of Baroda, IDFC First Bank.

Asian stocks started cautiously on Monday as investors braced for a China policy rate decision and economic data this week, while awaiting a host of U.S. Federal Reserve officials to speak to vindicate market pricing of rate cuts this year.

Early action was sluggish following a report on Friday showed U.S. consumer sentiment slumped to a six-month low in May and long-term inflation expectations jumped to the highest since 2011, boosting the U.S. dollar and Treasury yields.

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MUMBAI:

After a day of trading in the negative, domestic indices NSE Nifty 50 and BSE Sensex trimmed their losses to end the session with mild gains. Nifty added 17.8 points to settle at 18,314.8, while Sensex closed at 62,027.9, higher by 123.4 points. Nifty gained over 100 points from the day’s low and Sensex added about 500 points from its intraday low to end in the green.

The broader markets were laggards, as Nifty Midcap 50 ended 0.5% down while Nifty Smallcap 50 lost 0.78%. Volatility gauge, India VIX sank 3.1%. Certain sectoral indices outperformed. Bank Nifty gained 0.8% by close, while Nifty Auto, Nifty PSU Bank, Nifty Consumer Durables all closed in the positive territory. Nifty Metal, however, crashed 1.8%; Nifty Media was lower by 1.08% and Nifty IT settled lower by 0.3%.

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The Bombay Stock Exchange (BSE) continued its strong rally on Friday on the first trading day this week. The stock market, which started with gains, has not lost ground at any stage on the day. Eventually the trade ended at the same level as it had started.

The Sensex is up 448 points. The Nifty gained 110 points.

The Sensex closed at 40,431 points. It had gone up to 40,519.48 points. Similarly, the Nifty, which had up to 11,898.25 points closed at 11,873 points.

Bank stocks were the main gainers on the day. The Nifty Bank Index was up 2.96 per cent. HDFC Bank’s strong second quarter results lead to a rise in banking stocks. Shares of Bank of Baroda, Federal Bank and ICICI Bank gained between 5% and 8%.

The upward trend was also seen in metal indices. The Nifty Metal Index was up 1.78 per cent. At the same time, auto, pharma and IT stocks came under selling pressure. The Nifty Pharma index lost 1.67 per cent.

The majority of Nifty stocks traded higher on the day. Out of the 50 stocks in the Nifty, 35 gained while 15 lost. ICICI Bank, Nestle India, Axis Bank, GAIL and SBI are the top five gainers in the Nifty on the day. ICICI Bank gained 5.12 per cent. Shares of Nestle India, Axis Bank, GAIL and SBI gained over 4 per cent.

Divis Lab, Acer Motors, Hero Motors, Cipla and Bajaj Auto were the top five losers in the Nifty. These stocks lost over 2 per cent.

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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.

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%.

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%.

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.

Kotak Mahindra Bank, Sun Pharma, Cipla, Britannia and Dr Reddy’s Laboratories were the top five losers in the Nifty. Shares of Kotak Mahindra Bank, Sun Pharma and Cipla fell more than 2%.

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Sensex rose 548 points on the day. The Sensex, which ended trading at 37,020 points had gained 37,125 points during trading

The shares of prominent pharma company Cipla and FMCG giant Britannia registered the highest prices in the last 52 weeks. Forty-two of the Nifty 50 Index registered gains on the day.
Energy shares led the bulls in the market surge,

The shares of the key energy company BPCL rose 12.43%. The shares of Hindustan Petroleum, Tata Power and ONGC rose above 5%.

Relieance Industries too aided the surge in the market on July 17. The shares of Reliance Industries rose 3.94%.
BPCL, ONGC, GAIL, Infratel and Reliance Industries are the Nifty shares that registered high gains

The shares of Hindalco, Britannia, Nestle India, TCS and Dr. Reddy’s faced losses on the day.

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The share market started with a loss on the first day of the trading week. The Sensex lost 209 points and the Nifty 70 points on June 29.
The Sensex crashed to 34,662.06 during trading and closed at 34,961.52. Nifty crashed to 10,223.60 during trading; it closed at 10312.40.
Only 12 shares in the Nifty 50 Index made some profits today. Britania, HDFC Bank, Cipla, Kotak Mahindra and ITC are the five Nifty shares that registered the highest gains today. Britania gained more than 2 per cent.
Coal India, Axis Bank, Tech Mahindra, Hindalco and SBI are the five Nifty shares that registered the biggest losses. Coal India ended trading with 5 per cent loss.
Banking shares faced strong losses. RBLBank, Bank of Baroda and Axis Bank lost more than 4 per cent. At the same time, pharma shares defended the crash and up a strong fight today. Shares such as that of Cipla and Aurobindo Pharma registered profits today.

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