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Market wipes out losses to end flat; banks, financials slip May 03, 2021 Sensex down 64 points at close, Nifty below 14,700 The market recovered from its early losses to end flat on Monday, dragged down by bank stocks. The market opened on a negative note and remained volatile through the day as concerns related to the Covid-19 situation continued to weigh on investor sentiment. The BSE Sensex, after hitting an intra-day low of 48,028.07 in early trade, closed at.48,718.52, down 63.84 points or 0.13 per cent. In fact, the index recovered sharply to hit an intra-day high of 48,863.23 during...

The equity benchmark Sensex staged a smart recovery from the day's low to end with marginal losses on Monday, propped up by robust buying in FMCG and telecom counters. Reliance Industries and banking stocks accounted for most of the losses, while a rebounding rupee also provided support, traders said. After plunging over 750 points in early trade, the 30-share BSE index made a U-turn to finish 63.84 points or 0.13 per cent lower at 48,718.52. In similar movement, the broader NSE Nifty closed 3.05 points or 0.02 per cent higher at 14,634.15. Titan was the top laggard in the Sensex pack, sheddi...

Nifty to tumble over 130 points on weak global cues April 30, 2021 Spotlight will be on quarterly results and progress of Covid-19 vaccination Indian markets are expected to open slightly lower on Friday, amidst weak global cues emanated from Asian markets. The SGX Nifty, which currently rules at 14,770 at the Singapore Stock Exchange, indicates at least 130 points gap-down opening for Nifty futures, which on Friday closed at 14,901. According to analysts, the focus will be on progress in Covid pandemic and corporate results. Though the US market closed on strong note overnight, Asian mark...

Ambuja Cement Q1 results: Net profit jumps 71% to Rs 947 crore, beats analyst estimates SECTIONS Share Synopsis “India demand growth has been strong in the last quarter which has also helped the sales volume growth and commercial performance,” said Neeraj Akhoury, managing director of Ambuja Cements Ltd, in a statement on Thursday. Agencies Despite strong and continuing headwinds on input prices including coal, pet coke and diesel, Ambuja has made significant progress on efficiency improvement that has had a positive impact on cost evolution, said Akhoury Related NSE Explore Now Mumbai: A...

Sensex, Nifty end marginally higher on F&O expiry After gyrating 840 points during the day, the 30-share BSE index finishes 32.10 points higher Market benchmarks Sensex and Nifty ended marginally higher as monthly derivatives expired on Thursday amid a largely positive trend in global equities. After gyrating 840 points during the day, the 30-share BSE index finished 32.10 points or 0.06 per cent higher at 49,765.94. Similarly, the broader NSE Nifty advanced 30.35 points or 0.20 per cent to 14,894....