Sensex weak; Tata Motors slips 4%, ITC Reliance support
Top private sector lender ICICI Bank lost 0.8 percent whereas its rivals HDFC Bank and State Bank of India gained 0.35 percent each.
BSE Sensex choppy; TCS falls 3%, Axis Bank up 2% on Q2 nos
Bajaj Auti, ONGC, Bharti Airtel, Reliance and ITC are top gainers in the Sensex. Tata Motors, TCS, LT, NTPC and Cipla are among the laggards today.
Nifty struggles at 6100; Reliance, Bajaj Auto, Bharti up 2%
Petrochemical major Reliance Industries rallied 2 percent and its rival ONGC gained nearly 3 percent on a media report that state-run oil gas explorer has found rich reserves in KG basin block with reserves seen at 100mt which is four times earlier than estimate.
Sensex under pressure; ONGC up 3% on discovery in KG basin
ONGC jumps 3 percent after reports indicate it has found rich reserves in KG basin block with reserves seen at 100mt which is four times earlier than estimate.
Sensex volatile; TCS, Tata Motors plunge on profit booking
Shares of TCS and Tata Motors fell nearly a 3 percent in morning trade on profit booking. TCS had rallied 12 percent in past 15 days ahead of earnings that was higher than analysts' forecast. The stock may have discounted earnings.
BSE Sensex flat; Bajaj Auto up 2%, TCS weak post Q2 nos
In the US, senate leaders announced a long-awaited compromise to raise the debt ceiling and put an end to the government shutdown. The agreement came just one day before the treasury was expected to exhaust its ability to borrow more money.
Sensex snaps 5-day winning streak; financials drag, IT firm
Gautam Trivedi of Religare Capital Markets recommends long-term investors to be cautious because he feels that the market has run ahead of its fundamentals.
Nifty ends below 6100; IT gains, Hero HDFC Bank fall 2%
HDFC Bank's second quarter (July-September) net profit rose 20 percent -- higher-than-expected -- to Rs 1,982 crore, compared to a year ago period led by higher other income. However, NPAs of the bank increased during the quarter.
BSE Sensex, Nifty flat; ITC, Tata Power, GAIL laggards
Fortis Healthcare gains 3 percent as the company will sell stake in its Hong Kong unit, Quality Healthcare Medical Services, to British Medical Services group Bupa for USD 355 million.
Sensex, Nifty weak; Bharti Wipro rally 3%, IndusInd slips
Gautam Trivedi of Religare Capital Markets recommends long-term investors to be cautious because he feels that the market has run ahead of its fundamentals.
Nifty below 6100; banks drag, IT up ahead of TCS Q2 nos
Banks, capital goods and realty stocks are under selling pressure. However, technology stocks are leading the indices with Wipro and TCS gaining 1-2 percent each.
Sensex extends losses; ICICI, HDFC Bank, ITC drag
Citi Investment is not very upbeat about the Indian market currently. John Woods of Citi Investment feels that the market is still looking for important structural reforms.
Sensex, Nifty firm; Reliance up 3% on Q2 nos, Hindalco weak
Indian rupee edged higher by 30 paise at 61.25 per dollar in early trade Tuesday as against previous day's closing of 61.55 per dollar.
Nifty ends above 6100, snubs inflation data; TCS surges 4%
There may be a brief correction, in between the trigger could be the US shutdown or it can be anything else but markets are oversold, says independent market analyst Satish Ramanathan.
Sensex ends firm; TCS up 4% ahead of Q2 results, banks gain
Private sector lender IndusInd Bank pleased the street with the second quarter (July-September) net profit rising 31.9 percent higher-than-expected year-on-year to Rs 330 crore due to fall in provisions.
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