Both Sensex, and Nifty recorded their highest
level in 2019. The S&P BSE Sensex closed above 37000 for the first time
since September 19, 2018, while Nifty50 reclaimed 11,100 levels for the first
time since September 21.
Lok Sabha elections will begin on April 11 and polling would be held over seven
phases till May 19, followed by counting of all votes on May 23, the Election
Commission announced the dates over the weekend.
Monday, March 11, 2019
Friday, March 8, 2019
MARKET SUMMARY OF 08 MAR 2019
The Nifty50 closed listless session marginally lower on Friday, but
managed to hold 11,000 levels for third consecutive session despite sharp fall
in global peers on growth concerns.After opening
marginally lower at 11,038.85, remained in the range throughout the session but
did not break psychological 11,000 levels. The index touched an intraday high
of 11,049 and low of 11,008.95, before closing 22.80 points lower at 11,035.40.
Thursday, March 7, 2019
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Benchmark indices ended higher for the
fourth consecutive day with Nifty closed around 11,050 level.The Sensex was up
89.32 points at 36725.42, while Nifty was up 5.20 points at 11058.20. About
1287 shares have advanced, 1349 shares declined, and 159 shares are unchanged. Benchmark indices ended marginally higher on Thursday led by gains in
HDFC Bank, Larsen & Toubro (L&T), ITC, Axis Bank and RIL.Among
sectoral indices,
Wednesday, March 6, 2019
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The Nifty50 after a strong start above 11,000 levels remained
rangebound with a positive bias throughout the session on Wednesday and closed
at one-month high on follow-up buying. Select banking & financials, FMCG
and IT stocks led the market higher.Benchmark indices ended over half a per cent higher driven by
gains in RIL, ICICI Bank, HDFC, ITC and Bajaj Finance.Among sectoral indices, the Nifty Metal index ended 0.7 per cent higher with MOIL
and National Aluminium Company being the top gainers.
Friday, March 1, 2019
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The market snapped its three-day losing streak and closed half a
percent higher, but the broader markets staged smart show on strong breadth. The S&P BSE Sensex added 196 points
or 0.55 per cent to settle at 36,064, while the NSE's Nifty50 index closed at
10,863.50, up 71 points or 0.66 per cent.On a weekly basis, the 30-share index
Sensex rose 0.53 per cent while Nifty gained 0.66 per cent. About three shares advanced
for every share falling on the BSE.IndusInd Bank, ICICI Bank, HDFC,
L&T and Infosys were leading contributors
while Bharti Airtel, Axis Bank, UPL and Bajaj Auto were under
pressure.Among broader space, TVS Motor Company, Jet Airways, NALCO, Union
Bank, Vijaya Bank, SAIL, RCF, Wockhardt, Dish TV, Meghmani Organics
and OBC rallied 4-11 percent.Marico, Motherson Sumi and Havells
India were under pressure.
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