Closing: Sensex, Nifty end higher, Axis Bank rises, Maruti falls

Stocks market ended on higher note backed by strong global cues and robust buying in banking and capital goods shares. The BSE index Sensex was up 268.10 points at 34981.70, while the NSE Nifty was up 77.50 points at 10,695.30.

Shares of Axis Bank, SBI and ICICI Bank were notable gainers, whereas TCS, Maruti Suzuki, HCL Tech lost the most.

Trading sentiment was boosted on hopes for March-quarter corporate results driven by Reliance Industries Limited and Axis Bank, which have posted their fifth successive weekly gain on Friday. Shares of Axis Bank closed 8.97 percent up at Rs. 538.90.

Stocks of Reliance Industries Limited, which is expected to announce its quarterly earnings later in the day, rose a high of Rs 994.75 per share, up 1.99 percent on the BSE today.

Maruti Suzuki India Limited reported a record annual profit of Rs 77.21 billion for the year ended March 31, 2018. The Stock today closed at Rs. 8,777.95 down by 1.90 percent.

Shares of the PC Jeweller Ltd slumped 24.94 percent, at Rs.177.90 as the biggest intraday fall since it got listed, to Rs 156.50.

Commodity Gold: Gold price fell Rs 190 to Rs 32,210 per 10 gram on account of a weak overseas trend and falling demand from local jewellers. Silver also faced selling force and lost Rs.100 to Rs 40,450 per kilogram.

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Closing Updates- Sensex up 212 Pts, Nifty 47 pts high, Tomorrow trading tips

Nifty ended with April Future & Option Expiry on a higher note on Thursday,  as investors awaited March-quarter results from India's fourth largest private sector bank, Yes Bank together with Axis Bank.

The NSE Nifty 50 index settled at 10,618, up 47 points while the BSE Sensex ended at 34,714, up 212 points on closing. 

IT major Wipro Limited was among the biggest drags on the NSE index after its Q4 profit missed estimates and guidance for the first quarter failed to cheer investors. Wipro stocks ended about 2 percent lower both on BSE and NSE. 

Yes Bank was gained 10.12 percent on NSE, on the back of stellar fourth quarter results. Yes Bank’s net profit for the March quarter spiked 29% year-on-year to Rs 11.79 billion on account of strong net interest income growth and stable asset quality. 

Nifty Private bank Index ends 1.14 percent with Yes bank, Indusind bank, Kotak bank, Federal bank, RBL Bank, HDFC Bank. 

Top five Nifty gainers were YES Bank, Indsind Bank, Hindustan Unilever Ltd, ITC, Eicher Motors, while the major losers were Bharti Airtel, Lupin and Bharti Infratel.

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Closing Update- Sensex dips over 100 pts, Nifty lower on weak global cues

The BSE Sensex closed lower by 115.37 points or 0.33% at 34,501.27 and the Nifty of National Stock Exchange, ended down by 43.8 points or 0.41% at 10,570.55. Traders were also cautious ahead of April month derivatives expiry tomorrow, 25 April 2018. 

The Sensex began the move on a negative note, falling over 100 points intraday, while the Nifty shed below the 10,600-level, shedding 25.85 points, or 0.24% to 10,588.50. Except IT, TECK and realty, all other BSE sectoral indices ended in the negative territory. 

FMCG major Bajaj Corp. Ltd today reported a 5.22 percent rise in standalone net profit at Rs. 55.41 crore for the Q4 ended on 31 March, 2018. Shares of Bajaj Corp ended 5.52% lower at Rs 465.25 apiece on BSE. 

Top five Sensex gainers were Bharti Airtel Ltd (up 3.37%), Tata Consultancy Services (up 2.43%), Mahindra and Mahindra (up 1.88%) Infosys (up0.61%) and Power Grid (up 0.58%), while the major losers were Tata Steel, ICICI Bank, ONGC, Dr Reddy's and IndusInd Bank falling upto 2 percent.

Sensex Jumps 165.87, Nifty closed at 10,614.35, Tomorrow Stock Tips

The Benchmark indices ended higher amid high volatility, backed by stability in private sector banks, while weakness in IT stocks capped further gains. BSE Sensex jumps 165.87 points, or 0.48%, to close at 34,616.64, while the Nifty50 edged up 29.65 points, or 0.28%, to close at 10,614.35. 

BSE Energy index gained 2.39 percent whereas BSE Metal index was the top sectoral loser, down 1.8 percent. Financials and pharma stocks rose, while metal stock slipped on the back of a fall in aluminium prices. 

Shares of Reliance Industries Limited gained nearly 4 percent in trade to end at Rs 970 levels. Shares of Hindalco plunged about 9.3%, its biggest intraday percentage loss. Shares of Vedanta fell 5.5% in intraday to end 2.4% lower, while NALCO was down 7%.  

Nifty IT index falls 1.99%. Wipro, Infosys, Tech Mahindra, HCL Technologies, KPIT Tech were top losers of Nifty IT Index. 

Nifty Metal Index ended 1.92% lower with National Aluminium, Hindalco, WelspunCorp, and Vedanta falling upto 7 percent. 

Closing Bell Gainers on NSE: Reliance Industries Ltd (+3.64%), Yes Bank (+3.50%), Bajaj Finserv (+2.52%), while Losers include Hindalco (-7.37%), Wipro (-3.50%) and Infosys (-2.80%)

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Sensex, Nifty end higher; Top Stocks to buy and Sell Tomorrow

Sensex and the Nifty ended higher for a third straight session on Monday, driven by gains in IT and financial stocks, with TCS crossing USD 100 billion in the M-Cap. 

The BSE Index closed up 0.1% at 34,450.77, while the NSE Nifty ended 0.2% higher at 10,584.70. IndusInd Bank and Mahindra & Mahindra, Sun Pharma, Asian Paints, Yes bank, Adani were the top five gainers, while HDFC Bank, Coal India, Hero MotoCorp, ICICI Bank, Tata Motors and ONGC were the top losers. 

TCS shares ended down 0.26% after hitting a record high earlier in the session. Shares of HDFC Bank were down 1.42% at Rs 1,933.05 on BSE. Following the fall in the share prices, the stock of HDFC Bank alone erased about 58 points from Sensex. 

Nifty IT index gained 0.74 percent with Tata Elxsi, Mindtree, HCL Tech, KIPT, and Infosys, while Wiwpro, Infibeam, Oracle Financial Services, TCS and Tech Mahindra fell in Nifty IT index. 

Meanwhile, gold price fell by Rs 140 to Rs 32,310 per ten grams at the bullion market, New Delhi. Besides, price of crude oil dipped a little on the back of rising U.S borrowing costs.

Closing Updates- Market gains for the 8th day ahead of IMD monsoon forecast

Equity benchmark indices clocked modest gains on Monday led by index heavyweights HDFC and ITC. The BSE Sensex, rose 112.78 points or 0.33% at 34,305.43. The Nifty-50 index was up 47.80 points or 0.46% at 10,528.40. The indices advanced for the eight successive days ahead of the release of first forecast for 2018 monsoon rains by IMD. 

Shares of Cipla, Grasim Industries and UPL Ltd rallied up to 5%, while shares of Tata Motors were down 4.96 percent and Infosys ended with a loss of 3 percent. 

Shares of Kotak Mahindra Bank ended about 2% at Rs 1,174 on closing. The bank topped a market capitalization of Rs 2,23,732.67 crore on the day’s high price and Rs 2,22,970.40 crore on the basis of the closing price of Rs on BSE. On the other hand, SBI commands Aa M-Cap of Rs 2,22,489.97 crore. 

Closing Bell Gainers on NSE: Cipla (+5.32%), Grasim Industries (+2.90%), Hero MotoCorp (+2.18%). On the other hand, losers were Tata Motors (-4.78%), Infyosis (-3.15%), Wipro (-1.675%).

Closing Updates- Markets end volatile session higher, Tomorrow Stock Tips

Equity benchmarks have ended the day and week on a positive note in what was a volatile trading session, with the Nifty closing near 10,500-level. The BSE barometer Sensex rose 91.52 points or 0.27% at 34,192.65. The Nifty 50 index jumped 21.95 points or 0.21% to 10,480.60, led by Reliance Industries, Kotak Mahindra Bank and Infosys Limited. 

The benchmarks registered third weekly gain. For the week, Nifty climbed 1.44 percent and Sensex gained 1.68 percent. Most of the sectoral indices complied by the BSE, ended higher led by the BSE Metal index's 1 percent gain, while BSE Capital Goods index was the top loser sectorally, down 0.7 percent. Shares of the IT major pared gains as traders await March quarter earnings, expected to announce after market hours today. 

The shares of Infosys rose 0.58 percent to Rs 1,169.00 Adani Ports, Wipro, Kotak bank, Coal India, Dr. Reddy and Reliance were the top Sensex gainers, while SBI, Axis Bank, Yes Bank lost the most.

Closing Updates- Tata Motors reported its sales figure up 18 pc; Stock rises

Sensex closed higher 0.47%, Nifty-50 rose 0.40%, to close at 10,458.65 on Thursday. 

Automobile major Tata Motors Limited announced its global wholesale figures for March 2018 on Wednesday, posting an 18% increase in its global wholesales for March 2018 at 1, 53,156 in comparison with the sales of March 2017. Recently, Tata Motors Limited recorded a hike in JLR sales in spite of a dampened market in both the U.K and Europe.

According to the Company, the global wholesales of all the Tata Motors’ commercial vehicles and Tata Daewoo range increased by 33 percent at 56,399 nos in March 2018 on Y-o-Y basis, while, the global wholesales of all passenger vehicles jumped by over 11 percent at 96,757 nos, on Y-o-Y.

Shares of Tata Motors ended at Rs. 358.05 per share, higher by 2.75 percent on BSE on Thursday. It opened at Rs. 359.30 and touched a high of Rs. 363.95 and a Low of Rs, 356.85 on BSE. On NSE, Tata Motors shares ended at Rs. 202.05 up by 0.65% against previous close of Rs. 200.75.

The BSE Sensex closed higher by 160.69 points to 34,101.13, while the NSE Nifty-50 rose 41.50 points to close at 10,458.65.

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Closing Update: Sensex, Nifty Up supported by Metal, IT stocks

Benchmark indices ended with moderate gains, supported by gains in metal, IT stocks, following mixed global cues. The BSE Sensex rose 60.19 points to 33,940.44, while the NSE Nifty-50 up 11.95 points. Huge selling in bank shares capped gains in key indices. Shares of PSU oil marketing companies slumped following crude price rise. 

HDFC mutual fund has loaded shares of India’s third-largest private sector lender Axis Bank in its portfolio taking the stake to more than 1 percent in Axis Bank the financial year 2017-18 among one of the changes in the share-holding pattern in the last fiscal. 

Shares of Axis Bank have managed to return about 5 percent in the Financial year 2018 while the benchmark index Nifty Bank has jumped around 15 percent with HDFC Bank, Kotak Mahindra Bank and Indus

Ind Bank returning 25 to 35 percent.

Index heavyweights gave support with TCS (+2.46%) and Reliance Industries (+1.6%) higher. 

Shares of Oil marketing companies were the major losers due to a surge in crude prices and on account of report from the govt asking the companies to bear the trouble and not raise the retail diesel and petrol prices leading to a loss of about Rs 1.00 per litre. 

Gainers and Losers: Vedanta Ltd (+4.59%), Tata Consultancy Services Limited (+2.46%), Sun Pharma (+2.31%). On the other hand losers were oil companies such as BPCL (-7.92%), HPCL (-7.88%), IOC (-6.72%).

Sensex closed higher 577 pts, Nifty above 10,300, Option Future Tomorrow

Closing Update- The BSE Sensex closed higher by 577.73 points to 33,596.80, whereas the NSE Nifty gained 196.75 points to close at 10,325.15. BSE MidCap rose 1.88% and BSE SmallCap 1.87%, each.

All the sectoral indices jumped led by metal, which was up 4.14 percent, followed by basic materials (up 3.18%), bankex (up 2.78%), realty (up 2.55%) and finance (up 2.39%).

Among the sectoral indices on BSE, the Metal index (up 4.14%), Basic Materials index (up 3.18%), the Bankex (up 2.78%), the Realty index (up 2.55%), the Finance index (up 2.39%).

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Closing Updates- Sensex Up 115 points, Nifty closed at 10,245, Tomorrow stock tips

The benchmark indices ended higher with the BSE Sensex closed up by 115.27 points or 0.35% at 33,370.63 and the NSE Nifty ended up 33.2 points or 0.33% at 10,245, on heavy buying in sectors such as power, infrastructure, PSU and bank stocks amid weak global signals. 

Among BSE sectoral indices, power, infrastructure, PSU and banking remained investors' choice, whereas consumer durables, Information Technology and TECk stocks continued to selling momentum. 

Top five Sensex gainers were ICICI Bank, Mahindra and Mahindra, YES Bank, PowerGrid and Bharti Airtel Limited. Ono the flip side, the major losers include Wipro, ONGC, Adani Ports, HDFC Bank and Larsen and Toubro. 

All the sectoral indices of NSE ended in green except the Nifty IT index with PSU banking index rising the most. 

The shares of ICICI Bank rose 3.49 percent to a day’s high of Rs 271.05 before settling up 2.94 percent at Rs 269.60 while the stock of concluded 2.92 percent higher at Rs 769.40. ICICI Bank and SBI led the gains after the RBI’s decision to permit lenders to spread their bond trading losses, in a step that will probably boost the profitability of banks. 

Shares of Indiabulls HF, Bajaj Finserv, HPCL, IOC, BHPC, BHEL, Cummins India, SunTV, Bosch, SAIL India, MRF, ICICI Prudential also gained during the day.