Market Watch

  • Indian shares rose on Tuesday as the good progress of monsoon rains lifted consumer goods makers such as Hindustan Unilever that depend on the rural economy, though trading volumes were thin due to continued concerns about the Brexit fallout.
     
    The Nifty ended 0.41 percent higher at 8,127.85, while the Sensex closed 0.46 percent higher at 26,524.55.
     
    Shares of ITC Ltd rose as much as 2.84 percent to their highest since February 2015, while Hindustan Unilever gained up to 3.62 percent.
     
  • Indian shares rose slightly in choppy trade on Monday as forecast of an extended monsoon season sent cement makers and agriculture-related firms higher, offsetting lingering concerns from Britain's vote to leave the European Union.
     
    The Nifty ended up 0.08 percent at 8,094.70, after falling as much as 4.15 percent in the previous session, its biggest single-day percentage fall since Feb. 11.
     
    The Sensex closed 0.02 percent higher at 26,402.96.
     
    Cement makers were among the to

    >> Read More

  • Market benchmark indices BSE Sensex and NSE Nifty plunged over 2 per cent on Friday as UK’s vote to exit European Union sent financial markets into a tailspin.
     
    Sensex closed 604.51 points, or 2.24 per cent, down at 26397.71, while Nifty index settled 193.90 points, or 2.34 per cent, down at 8,076.55
     
    On the other hand, Tata Motors, Tata Motors DVR, Tata Steel, Hindalco and Larsen & Toubro slid 8.25 per cent, 7.50 per cent, 6.59 per cent, 5.73 per cent and 4.82 per cent, respectively.
     

    >> Read More

  • Indian shares reversed two sessions of losses to close higher on Thursday as poll booths opened for Britons to vote on a referendum about whether or not to exit the European Union.
     
    The benchmark BSE index ended 0.88 percent higher at 27,002.22, while the broader NSE Nifty rose 0.81 percent to 8,270.45.
     
    Markets opened on a cautious note on Thursday. However, sentiment improved with a firming trend in other Asian markets and a higher opening in European shares as Britain began voting in a historic referendum on its

    >> Read More

  • Indian shares fell for a second consecutive session on Wednesday, a day ahead of the Brexit referendum, with Tata Motors declining on worries its unit Jaguar Land Rover would be hit if Britain leaves the European Union.
     
    The BSE Sensex ended 0.18 percent lower at 26,765.65, while the broader NSE Nifty closed down 0.2 percent at 8,203.70.
     
    Losses however remained capped with an UNCTAD report stating that India’s foreign direct investment (FDI) is likely to cross $60 billion this year on favourable policy envir

    >> Read More