Stock Market Made Strong Closing

The market made a strong closing. The Sensex ended up 219.39 points or 0.8 percent at 27396.38 and the Nifty was up 71.80 points or 0.9 percent at 8285.60.  About 1650 shares advanced, 1086 shares declined and 146 shares were unchanged.

Banks made a superb comeback led by ICICI Bank (up 8 percent), Axis Bank and SBI (both up 2 percent). Maruti, BHEL, NTPC and Tata Motors are top gainers in the Sensex. Among the losers were ITC, Coal India, Infoys, Reliance and HUL.
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Stock Market Open in Negative Terrain

Nifty breaks 8200, Sensex in red; ICICI up 3%, Bharti drags
The market has opened in negative terrain as the Nifty breaks the 8200-level. The 50-share index is down 25.95 points at 8187.85. The Sensex is up 10.10 points at 27187.09.  About 217 shares have advanced, 226 shares declined, and 79 shares are unchanged. Bharti, Cipla, Vedanta, M&M and Coal India are major losers while Maruti, ICICI, HDFC, ONGC and Tata Power are top gainers in the Sensex. 

The Indian rupee has opened with marginal gains, up 13 paise at 63.35 per dollar against previous day's closing value of 63.48 a dollar.

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Stock Market Closing Bell

Dragged sharply by oil & gas, pharma, FMCG and banking stocks the market ended with severe losses. The Sensex closed down 260.95 points or 0.9 percent at 27176.99 and the Nifty ended at 8213.80, down 91.45 points or 1 percent at 8213.80. About 667 shares have advanced, 2063 shares declined, and 144 shares are unchanged.

SBI, Bharti Airtel, Dr Reddy's Labs, BHEL and HDFC fell around 3 percent each. Maruti gained over 3 percent after posting firm March quarter results while Vedanta, Wipro, Bajaj Auto and Tata Motors were top gainers in the Sensex.

BSE Midcap index slipped over 2 percent from previous close.
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Stock Market Down Selling Pressure on Market

Nifty drifts below 8250, Sensex slips; SBI falls, ITC up
Selling pressure mounts on the market. The Nifty is down 74.10 points or 0.9 prcent at 8231.15 as the the 50-share index is below its 200-day moving average for the first time in nearly 15 months. The Sensex is down 190.69 points or 0.7 percent at 27247.25. About 432 shares have advanced, 1719 shares declined, and 123 shares are unchanged.

Dr Reddy's Labs, Cipla, BHEL, Sun Pharma and SBI are major losers in the Sensex. Among the gainers are NTPC, Vedanta, ITC, Tata Motors and Bharti Airtel.

Asian shares scaled seven-year highs following stellar earnings from a few US hi-tech giants, but investors were cautious ahead of central bank meetings this week in the US and Japan and on deadlock in creditors' talks with Greece. Red-hot mainland Chinese shares soared, with Shanghai composite index rising 2.1 percent to seven-year highs on hopes of more monetary stimulus and launch of infrastructure projects linked to China's "Modern Silk Road" plan.
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Stock Market Close Sensex down

Sensex tanks over 300 pts, Nifty below 8300 post Infosys Q4
 

The market has slipped further after Infosys announced lower-than-expected March quarter results. The Sensex is down 310.70 points or 1 percent at 27424.32 and the Nifty is down 102.65 points or 1 percent at 8295.65. 

 About 657 shares have advanced, 2014 shares declined, and 146 shares are unchanged.

Infosys is down over 5 percent while Cipla, Vedanta, HDFC and Hindalco are top losers. ITC is still down 2 percent, followed by ONGC, Maruti, Tata Motors and Bajaj Auto.
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