Private banks boost benchmarks ahead of F&O expiry: Key factors driving the market
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Analysts expect volatility as the monthly futures and options (F&O) contracts are set to expire later in the day.
Gains in private sector banks pushed the benchmark indices higher.
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NEW DELHI: Private bank stocks continued to see buying after the Finance Ministry lifted an embargo on the allotment of government business to them, which pushed benchmark indices higher on Thursday.
Positive global cues also supported the buying. However, analysts expect volatility as the monthly futures and options (F&O) contracts are set to expire later in the day.
Sensex rallies over 500 pts in early trade; Nifty tops 15,100 indiatvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatvnews.com Daily Mail and Mail on Sunday newspapers.
Sensex gains over 250 points to reclaim Mount 50K: Key factors driving the market
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A sharp spike in the volatility index VIX indicates a high level of uncertainty, and expectations of high ups and downs going forward.
The S&P BSE Sensex index rose 262.63 points to touch 50,014.04 at the highest level recorded in early deals.
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NEW DELHI: Reliance Industries along with bank and financial stocks saw some buying that pushed benchmark indices higher in the morning trade on Wednesday after the US Federal Reserve reiterated its pledge to support the world s largest economy.
A sharp spike in the volatility index VIX indicates a high level of uncertainty, and expectations of high ups and downs going forward. FIIs turning sellers is negative for the market, however, DIIs have turned buyers, partly compensating for the FII selling.
Sensex climbs 550 points: Key factors driving markets higher indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Mumbai, Feb 22 (PTI) Equity benchmark Sensex dropped over 200 points in opening trade on Monday tracking losses in index majors HDFC, ITC and L&T amid tepid