The Sensex closed at 44,077.15 points and the Nifty closed at 12926.50 points. The Nifty had fallen 140 points during the day. The day’s low is 12,825 points.

IT, metal and pharma stocks were the major contributors to the day’s gains. The Nifty Metal index was up 1.22 per cent, the Nifty Pharma index was up 1.83 per cent and the Nifty IT index was up 2.79 per cent.

The top five gainers were ONGC, IndusInd Bank, GAIL, Dr Reddy’s Laboratories and Infosys. ONGC rose 6.63 per cent. IndusInd Bank, GAIL, Dr Reddy’s Laboratories and Infosys gained over 3 per cent each.

The majority of Nifty stocks traded higher. Out of the 50 stocks in the Nifty, 36 gained while 14 lost. Shares of IOC, Hero Motors, HCL Tech, TCS and BPCL lost ground. The IOC fell 2.06 per cent.

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The Sensex closed at 43952.71 points and the Nifty at 12874.20 points. The Nifty traded down about 150 points during the day. The day’s low was 12,797 points. Similarly, the Nifty rose by 12,934 points.

Metal and bank stocks were the major contributors to the day’s gains. The Nifty Bank Index was up 2.05 per cent and the Nifty Metal Index was up 2.49 per cent.

The top five gainers were Tata Motors, Tata Steel, HDFC Life, SBI and Adani Ports. Tata Motors rose 6.15 per cent. Shares of Tata Steel, HDFC Life and SBI gained over 5 per cent.

The majority of Nifty stocks traded higher. Out of the 50 stocks in the Nifty, 30 stocks gained while 20 stocks lost. Shares of BPCL, Hero Motors, NTPC, ONGC and IOC lost ground.

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The market ended with a loss after strong fluctuations. The morning trade also started with a loss. At no point in the trade did the Nifty rise above October 21’s closing level.

The Sensex closed at 40,558 points. It was up 40,721 points but could not cross the 41,000 level. The day’s low was 40,309 points.

The Nifty had a strong resistance of 11,900 points. It rose to 11,939 points but failed to make gains. Similarly, the wide-based National Stock Exchange index Nifty fell by 11,823 points to close at 11,896 points.

Most of the Nifty stocks lost ground today. Out of the 50 stocks in the Nifty, 22 gained while 28 lost. NTPC, Tata Motors, Bharti Airtel, IOC and Bajaj Finance are the top five gainers in the Nifty today. NTPC gained 4.13%. Shares of Tata Motors, Bharti Airtel, IOC and Bajaj Finance gained over 2 per cent each.

Metal stocks gained. Bank and IT stocks, meanwhile, lost ground. Hero Motors, IndusInd Bank, ICICI Bank, Titan and Hindalco were the top five losers in the Nifty. Hero Motors fell 3.03 per cent.

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The stock market gained for the third day in a row. The three-day gains almost offset the losses of last Thursday’s sharp fall. The market started with a loss and then moved on to a gain. At the same time the market was volatile.

The Sensex was up 112 points on October 20 and the Nifty was up 23 points. The Sensex closed at 40,544 points. It had earlier climbed to 40,732.01 points. Similarly, Nifty closed at 11,896 points, up 11,949 points.

IT stocks were the main gainers on the day. The Nifty IT index was up 1.41 per cent. Shares of Mind Tree and HCL Tech gained over 4 per cent.

At the same time, public sector bank shares came under selling pressure. The Nifty Public Sector Bank Index lost 1.43 per cent.

The majority of Nifty stocks traded higher on the day. Out of the 50 stocks in the Nifty, 27 stocks gained while 23 stocks lost ground. HCL Tech, Tech Mahindra, Asian Paints, HDFC Bank and Bharti Airtel were the top five gainers. HCL Tech gained 4.27 per cent. Tech Mahindra and Asian Paints gained over 2 per cent each.

Britannia, ONGC, GAIL, IOC and UPL were the top five losers in the Nifty. These stocks lost over 2 per cent.

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The Sensex ended 664 points higher at 38,840 points. The day’s low was 38,367 points. The Nifty rose above 11,450 points at one point. The stock closed at 11,449.25 points. The Nifty rose by 140 points on the day from its lowest level.

The Indian stock market opened higher on the back of gains in the US stock market on September 9. At no point in the trade did the indices lose ground.

Shares of Reliance Industries, which had not had a significant impact on the market over the past few weeks, surged, giving the market a boost. The news that Reliance is in talks to invest Amazon in retail has led to a rise in stock prices.

Thirty stocks in the Nifty rose while 19 stocks declined. There was no change in the share price. Reliance Industries, BPCL, Asian Paints, IOC and Axis Bank were the top five gainers. Reliance gained 7.29 per cent and BPCL 6.02 per cent. Shares of Asian Paints, IOC, Axis Bank and Grasim Industries gained more than 3 per cent each.

Shares of Public Sector Banks were the main gainers on the day. Metal stocks, meanwhile, faced selling pressure.

Infratel, Hindalco, Tata Steel, Bharti Airtel and Dr Reddy’s Lab were the biggest losers in the Nifty. Infratel fell 4.78 percent. Hindalco and Tata Steel lost more than 2% each. The Nifty Metal Index lost 1.14 per cent.

Banking stocks rose on the day as the Supreme Court adjourned its hearing on a petition seeking a waiver of interest during the moratorium to September 28. Shares, which have been selling in recent days, rose.

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The Sensex ended 171 points lower at 38,194 points. Similarly, Nifty declined by 39 points to close at 11,278 points. The Nifty was down by 11,185 points during the day.

The Indian stock market started with a loss following the fall in the US stock market on September 8. At no point in the trade did the indices returned a profit.

Whiles 25 shares in Nifty were up 24 shares were down. There was no change in the share price. Tata Steel, Zee Limited, Cipla, Reliance Industries and Grasim Industries were the top five gainers in the Nifty. Tata Steel rose 3.57 per cent. Pharma and metal stocks were the main gainers of the day. The decline was visible in other areas. Bank stocks fell sharply.

SBI, GAIL, Bajaj Finserv, Axis Bank and IOC were the biggest losers in the Nifty. SBI fell 4.90 per cent. Shares of GAIL, Bajaj Finserv, Axis Bank and IOC lost more than 2 per cent each.

The Nifty Bank Index lost 2.1 per cent. The market is mainly looking at a petition before the Supreme Court seeking a waiver of interest during the moratorium period. Concerns over whether the verdict in the case would be adverse led to a fall in bank shares.

The Nifty Pharma Index gained 1.9 per cent. Shares of Biocon, Cipla, Arbindo Pharma, Lupine and Torrent Pharma gained more than 2 per cent each.

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Similarly, the Nifty ended 110 points lower at 11,102 points. Nifty was up by 11,299.95 points during trading. From there it dropped about 200 points. The Nifty is under strong pressure at 11,300. It couldn’t break through and booking of profits was noticed in the market.

Dr Reddy’s, Sun Pharma, Wipro, Vedanta and Maruti Suzuki are the top five gainers in the Nifty. Dr. Reddy’s gained 4.60 per cent. The stock hit a 52-week high, setting a new record.

Pharma stocks helped keep the market afloat on the day. Divis Lab was up 5.67% and Sun Pharma was up 3.37%. Similarly, the Nifty gained 3.11 per cent on July 30.

IT stocks also gained today. IT stocks including Infosys, Wipro and pharma stocks such as Sun Pharma and Cipla also recorded a 52-week high.

BPCL, IndusInd Bank, IOC, HDFC and Axis Bank were the top five losers in the Nifty. BPCL lost 8 per cent today. IOC fell 4 per cent.

Bank stocks lost ground on July 30. The Nifty Bank Index fell by 2 per cent. IndusInd Bank fell 5 per cent.

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The Nifty closed at 11,150 points. The Nifty, which had surged 140 points, ended trading at 11,162 points. Nifty had climbed till 11,179.55 points during trading.

Energy stocks aided the surge in the market on the day. Three of the five stocks that registered gains were energy stocks. Powergrid, IOC and BPCL registered gains of more than 5%. The Nifty Energy Index rose 3.5% on the day.

Powergrid, IOC, BPCL Eicher Motors and HDFC were the five shares that registered gains on the day. Powergrid rose 6.42%.

Even IT stocks surged on July 21. HCL Tech and Wipro registered their highest price on the day. Reliance Industries, which had faced losses after the AGM last week, on July 21 returned to the path of gain. Reliance registered 2.79% gain. Thirty-two of the 51 of the Nifty shares gained at the markets on the day.

Bank shares too made good gains. The share of ICICI Bank climbed 4.34%. Nifty Banking Index registered 2% gain on the day. Bajaj Finance, Bajaj Finserv, Britannia, Asian Paints and Infratel were the Nifty stocks that registered much losses on the day. Bajaj Finance faced 4% loss.

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Sensex rose 419 points on July 16. Sensex, which closed at 36,471 points, had gone up to 36,524 points during trading,
Nifty rose 121 points. At one point Nifty had touched 10,755.30 points and it ended trading at 10,739.95 points.

It was IT shares that helped prop up the market on the day. Infosys was the top Nifty gainer, rising to Rs.955.50 before the stock closed 9.51 per cent higher at Rs.910.
Infosys reported only a 2 per cent decline in the June quarter profit at Rs 4,233 crore on strong operating performance. During the same period last year, the company’s profit was Rs.3,798 crore

Infosys, BPCL, Cipla, Mahindra & Mahindra and Britania were the Nifty shares that registered the highest earnings. BPCL rose 6.9% and Cipla 5.55%.

Infratel, Tech Mahindra, ITC, ZEE Limited and IOC faced huge loses. Infratel saw 7% crash.
The good performance of Infosys helped boost other IT stocks. Nifty IT Index rose 2.83%. Pharma stocks too gained on July 16. The Nifty Pharma Index rose 1.8%.

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Diesel price on June 21 hit a fresh record high after rates were hiked by 60 paise a litre while petrol price was up 35 paise, taking the cumulative increase in rates in 15 days to Rs.8.88 a litre and Rs.7.97 respectively.
Petrol price in Delhi was hiked to Rs.79.23 a litre from Rs.78.88, while diesel rates were increased to Rs.78.27 a litre from Rs.77.67, according to a price notification of state oil marketing companies.
Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.
Taxes make up for nearly two-thirds of the retail selling price. As much as Rs.50.69 per litre, or 64 per cent, in petrol price is due to taxes – Rs.32.98 is the central excise duty and Rs.17.71 is local sales tax or VAT.
Over 63 per cent of the retail selling price of diesel is taxes. Out of the total tax incidence of Rs.49.43 a litre, Rs.31.83 is by way of central excise and Rs.17.60 is VAT.
Petrol in Mumbai costs Rs.86.04 a litre and diesel is priced at Rs.76.69.
The 15th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to fresh highs. Petrol price too is at a two-year high.
Prior to the current rally, the peak diesel rates had touched was on October 16, 2018 when prices had climbed to Rs.75.69 a litre in Delhi. The highest-ever petrol price was on October 4, 2018 when rates soared to Rs.84 a litre in Delhi.
When rates had peaked in October 2018, the government had cut excise duty on petrol and diesel by Rs.1.50 per litre each. State-owned oil companies were asked to absorb another Re.1 a litre to help cut retail rates by Rs.2.50 a litre.
Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs.2 a litre.
The 82-day freeze in rates this year was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.
The government on March 14 hiked excise duty on petrol and diesel by Rs.3 a litre each and then again on May 5 by a record Rs.10 a litre in case of petrol and Rs.13 on diesel. The two hikes gave the government Rs.2 lakh crore in additional tax revenues.
Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), instead of passing on the excise duty hikes to customers, adjusted them against the fall in the retail rates that was warranted because of a decline in international oil prices to two-decade lows.
International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them. In 15 hikes, petrol price has gone up by Rs.7.97 a litre and diesel by Rs.8.88 a litre.

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