Market Watch

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  • Indian shares gained for a second consecutive session on Tuesday, with the NSE Nifty hitting its highest in nearly 11 months, on the back of encouraging U.S. data and expectations of further monetary stimulus from global policymakers.
     
    The broader NSE Nifty ended up 0.63 percent at 8,521.05, after earlier reaching its highest level since Aug. 17, while the benchmark BSE Sensex closed 0.66 percent higher at 27,808.14.
     
    In the 50-share index, Tata Steel, ICICI Bank, Hindalco, Axis Bank and Maruti Suzuki gained betwee

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  • Indian stock markets rose nearly 2 percent to their highest level in nearly 11 months on Monday, tracking a rally in global markets after strong U.S. monthly jobs data reassured investors about the health of the world's largest economy.
     
    The U.S. economy added 287,000 jobs last month, the highest total in eight months, smashing the consensus forecast of 175,000.
     
    Investors now focus on corporate earnings, which they expect to be largely positive, for further direction. Blue chips Tata Consultancy Services Ltd a

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  • Indian shares swung between gains and losses on Thursday as markets took a breather after recent gains, but worries over global economic growth stagnation continued to weigh on investor sentiment.
     
    Indian shares had rallied for six out of seven sessions as of Tuesday despite Britain's vote to leave the European Union last month, given the optimism about the domestic economy and on expectations global central banks will expand their monetary easing.
     
    But concerns about instability in the EU remain, and market ex

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  • Benchmark indices BSE Sensex and NSE Nifty advanced for sixth consecutive trading session on Monday on account of buying in frontline blue chip counters. Market sentiments remained strong due to firm rupee, progress of monsoons and strong global cues.
     
    The Nifty ended up 0.51 percent at 8,370.70, after rising nearly 3 percent in the past five sessions. It hit its highest level since Aug. 20, 2015 earlier in the session.
     
    The Sensex closed 0.49 percent higher at 27,278.76, after rising as much as 0.89 percent earlie

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