Market Update: Sensex closes 224 points up, Nifty ends at 13,740
HDFC, Bajaj Finance, HDFC Bank, IndusInd Bank, Power Grid Corporation of India and Reliance Industries Ltd (RIL), were the top gainers among others.
Bull run continued at the bourses on Thursday as investors lapped up blue-chip stocks. Heavyweights like HDFC, Bajaj Finance, HDFC Bank, and Reliance ended between 0.5 per cent and 3 per cent higher on the S&P BSE Sensex being the top contributors towards the index s rally.
Domestic equity market benchmarks BSE Sensex and Nifty 50 Indian share market benchmarks ended at record closing highs.
BSE Sensex jumped 224 points or 0.48 per cent to end at 46,890 while the broader Nifty 50 ended at 13,740, up 58 points or 0.42 per cent.
FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 50.61 points or 0.4% at 12585.92 at 13:48 IST. Among the components of the S&P BSE FMCG Sector index, Waterbase Ltd (down 2.47%), Gujarat Ambuja Exports Ltd (down 1.31%),Associated Alcohols & Breweries Ltd (down 1.22%),Avanti Feeds Ltd (down 1.18%),Apex Frozen Foods Ltd (down 1.04%), were the top losers. Among the other losers were Hindustan Unilever Ltd (down 1.02%), Tasty Bite Eatables Ltd (down 0.74%), EID Parry (India) Ltd (down 0.66%), G M Breweries Ltd (down 0.52%), and Eveready Industries India Ltd (down 0.48%). On the other hand, AVT Natural Products Ltd (up 6.85%), Parag Milk Foods Ltd (up 3.69%), and S H Kelkar & Company Ltd (up 3.6%) turned up.
Market Commentary - Dec 15, 2020 - Bonanza Portfolio
Posted On:
Mr. Vishal Wagh, Research Head
On Tuesday Indian equity benchmarks made a negative start tracking weakness in global peers. Markets are trading lower with the cut of around half a percent due to selling in Oil & Gas, Energy and PSU stocks. In the afternoon session, Indian equity benchmarks managed to cut some of their losses with Sensex and Nifty trading above 46,200 and 13,500 levels.
Asian markets were trading lower on Tuesday, following the mixed cues from Wall Street as optimism about coronavirus vaccines was offset by concerns about the impact of new lockdown measures due to the surging coronavirus cases in the U.S.
FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index falling 142.5 points or 1.12% at 12570.13 at 13:48 IST. Among the components of the S&P BSE FMCG Sector index, Waterbase Ltd (down 5.56%), S H Kelkar & Company Ltd (down 5.37%),Bajaj Hindusthan Sugar Ltd (down 3.12%),Heritage Foods Ltd (down 2.62%),Eveready Industries India Ltd (down 2.4%), were the top losers. Among the other losers were Nath Bio-Genes (India) Ltd (down 2.02%), Jyothy Labs Ltd (down 2%), Uttam Sugar Mills Ltd (down 1.85%), L T Foods Ltd (down 1.72%), and Hindustan Unilever Ltd (down 1.71%). On the other hand, Advanced Enzyme Technologies Ltd (up 2.78%), Kaveri Seed Company Ltd (up 2.3%), and Bajaj Consumer Care Ltd (up 1.9%) moved up.
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Share Market Highlights: Sensex ends 154 points higher, Nifty at 13,558; L&T, ONGC, NTPC, Titan top gainers
India Stock Market Highlights Today: ONGC followed by Tata Steel, L&T, Sun Pharma, M&M, ICICI Bank and NTPC were among the top gainers in the Sensex pack
BusinessToday.In | December 14, 2020 | Updated 16:09 IST
Share Market Highlights: Here s a look at the updates of the market action on BSE and NSE today
Sensex, Nifty Highlights on December 14: Market indices closed on a bullish note on Monday, after hitting record highs at opening bell, amid positive global equities. Sensex was rising 154 points higher at 46,253 and Nifty gained by 44 points to 13,558. During today s early session, Sensex hit an all-time high of 46,373 and Nifty too logged a record high of 13,597. Global equities were mixed today as concerns over slow progress on fiscal stimulus overshadowed positive reaction on the approval of Pfizer s Covid-19 vaccine in the US. Last Friday, Sensex ended 139 poi