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Sensex tumbles 486 pts on weak global cues

Sensex tumbles 486 pts on weak global cues
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Kalyan Jewellers India - India operations recover well - ICICI Securities

Kalyan Jewellers India - India operations recover well - ICICI Securities
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Sensex, Nifty end with minor gains; metal shares rally


The domestic equity benchmarks ended with minor gains after a volatile day on Thursday. Metal stocks surged while banks and financials corrected. The Nifty closed below the 14,900 mark.
As per provisional closing data, the barometer index, the S&P BSE Sensex, gained 84.45 points or 0.17% to 49,746.21. The Nifty 50 index rallied 56.70 points or 0.38% to 14,875.75.
The broader market rallied. The S&P BSE Mid-Cap index rose 0.60%. The S&P BSE Small-Cap index added 0.73%.
Buyers outnumbered sellers. On the BSE, 1873 shares rose and 1046 shares fell. A total of 166 shares were unchanged.
Investors risk appetite improved after the minutes of last month s meeting of the U.S. Federal Reserve suggested that Fed officials were united on the need to see more progress on economic recovery before scaling back their bond-buying program. ....

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Benchmarks rises for 3rd day, Nifty ends near 14,900; metal shares shine


The domestic equity benchmarks ended with minor gains on Thursday, rising for the third straight session. Metal stocks surged while banks and financials corrected. The Nifty closed below the 14,900 mark.
The barometer index, the S&P BSE Sensex, gained 84.45 points or 0.17% to 49,746.21. The Nifty 50 index rallied 54.75 points or 0.37% to 14,873.80.
The Sensex rose 1.19% and the Nifty climbed 1.61% in three consecutive sessions.
The broader market outperformed the benchmarks on Thursday. The BSE Mid-Cap index rose 0.60% and the BSE Small-Cap index added 0.73%.
The market breadth was strong. On the BSE, 1,857 shares rose and 1,061 shares fell. A total of 167 shares were unchanged.
Investors risk appetite improved after the minutes of last month s meeting of the U.S. Federal Reserve suggested that Fed officials were united on the need to see more progress on economic recovery before scaling back their bond-buying program. ....

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