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Equity market ends in green; auto, metal stocks surge

Equity market ends in green; auto, metal stocks surge By IANS | 4 Views BSE Sensex above 50,000 on occasion celebration. Image Source: IANS News Mumbai, May 6 : The key Indian equity indices closed higher on Thursday, with healthy buying in auto and metal stocks. The BSE Sensex closed at 48,949.76, higher by 272.21 points or 0.56 per cent from its previous close of 48,677.55. It had opened at 48,877.78 and touched an intra-day high of 49,011.31 and a low of 48,614.11 points. The Nifty50 on the National Stock Exchange closed at 14,724.80, higher by 106.95 points or 0.73 per cent from its previous close. The top gainers on the Sensex were Tata Steel, Bajaj Auto and HDFC, while Power Grid, ONGC and Asian Paints lost the most.

Shrikant chouhanBajaj autoTata steelNational stock exchangeEquity technical research at kotak securitiesPower gridAsian paintsExecutive vice presidentEquity technical researchKotak securitiesஸ்ரீகாந்த் ச ou கான்பஜாஜ் ஆட்டோடாடா எஃகுதேசிய ஸ்டாக் பரிமாற்றம்பங்கு தொழில்நுட்ப ஆராய்ச்சி இல் கோட்டக் பத்திரங்கள்பவர் கட்டம்

Experts don t see heavy movement in key indices; traders may place stock-specific bets on pharma, FMCG

: Thursday, May 6, 2021, 4:43 PM IST Experts don t see heavy movement in key indices; traders may place stock-specific bets on pharma, FMCG Representative image Benchmark Indices closed on a positive note with Sensex up 0.56 percent and Nifty 50 rose 0.73 percent. Strong buying interest was seen in auto, IT and metal sector with Nifty IT up 1.83 percent, Nifty Auto 1.78 percent and Nifty Metal closing up 2.51 percent today. Coforge share jumped 17.4 percent to hit a new 52-week high on robust 4Q numbers. Selling pressure was seen in some of the Pharma and PSU bank stocks. #MarketAtClose | Market recovers from opening lows to close near dayÃ¢ÂÂs high

Nagaraj shettiMohit nigamBajaj finservSumeet bagadiaShrikant chouhanBank niftyPower grid corpTechnical research analystEquity technical research at kotak securitiesHem securitiesHero motocorpTechnical researchExecutive directorChoice brokingBullish harami candlestick patternDaily moving average

Indices decline for 3rd straight week; Sensex slips 202 pts, ends below 48K

Indices decline for 3rd straight week; Sensex slips 202 pts, ends below 48K
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Shrikant chouhanEquity technical research at kotak securitiesBinod modiEquity technical researchஸ்ரீகாந்த் ச ou கான்பங்கு தொழில்நுட்ப ஆராய்ச்சி இல் கோட்டக் பத்திரங்கள்பினோட் மோடிபங்கு தொழில்நுட்ப ஆராய்ச்சி

Sensex ends 260 points higher in volatile session: How to play the market going ahead

Sensex ends 260 points higher in volatile session: How to play the market going ahead After moving 877 points during the session, Sensex ended 259 points higher at 48,803 and Nifty rose 76.65 points to 14,581.45 BusinessToday.In | April 15, 2021 | Updated 17:02 IST TCS was the top Sensex gainer, rising around 4 per cent, followed by ONGC, ICICI Bank, HDFC Bank, Dr Reddy s, HDFC and HCL Tech. Benchmark indices managed to close higher after a highly volatile session on Thursday, led by gains in banking and metal stocks. After moving 877 points during the session, Sensex ended 259 points higher at 48,803 and Nifty rose 76.65 points to 14,581.45. BSE bankex ended 384 points higher and BSE metal index rose 234 points to 16,013. Auto stocks dragged the market lower with the BSE auto index falling 266 points to 21,870. TCS was the top Sensex gainer, rising around 4 per cent, followed by ONGC, ICICI Bank, HDFC Bank, Dr Reddy s, HDFC and HCL Tech.

Ruchit jainMaruti suzukiVinod nairShrikant chouhanHead of research at geojit financial servicesIndusind bankEquity technical research at kotak securitiesNestle indiaBajaj financeExecutive vice presidentEquity technical researchKotak securitiesSenior analystAngel brokingGeojit financial servicesருச்சிட் ஜெயின்

Banks shut for next 2 days: Will it impact your trades?

NEW DELHI: Two bank holidays and one market holiday are likely to impact how you trade this week. April 13 is a settlement holiday on account of Gudi Padwa, said brokers. A settlement holiday is a day when trading is possible but clearing and settlement are closed for the pay-in and pay-out of stocks and funds. On April 14, the financial market as well as banks will be closed on account of Ambedkar Jayanti. Hence, settlement will not take place on that day either. In short, investors purchasing shares on Monday will not be able to sell them the next day (even though the market is open).

Subash gangadharanShrikant chouhanEquity technical research at kotak securitiesDalal streetTarget priceAlkem labsSenior technicalDerivative analystTechnical researchKotak securitiesBank holidays this weekBanks shutRam navamiMarket holidaysAmbedkar jayantiBank holidays