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Sensex reclaims 29000, Bank Nifty surges; auto pharma up

SBI, M&M, TCS, Sun Pharma and Wipro are top gainers in the Sensex. Among the losers are BHEL, GAIL, ONGC, HDFC Bank and Infosys.

13:04

The News International Team

The market continues to surge as the Sensex is up 207.54 points at 29012.64. The Nifty is up 67.75 points at 8779.30.  About 1391 shares have advanced, 1209 shares declined, and 200 shares are unchanged. 

SBI, M&M, TCS, Sun Pharma and Wipro are top gainers in the Sensex. Among the losers are BHEL, GAIL, ONGC, HDFC Bank and Infosys.

Japan’s Nikkei share average fell on Friday, retreating from a 7.5-year closing high the previous day as investors took profits from gainers such as Fanuc Corp, but buying in cyclical stocks exposed to consumer demand limited the losses.

A ceasefire agreement between Russia and Ukraine also eased tensions in the market. The Nikkei shed 0.4 percent to 17,913.36, retreating from 17,979.72 marked on Thursday, the highest closing level since July 2007. For the week, the Nikkei gained 1.5 percent.

12:00

Nifty inches towards 8800, Sensex firm; SBI up 6% post Q3

Bank Nifty is up over 150 points led by State Bank of Bank. The PSU is up 6 percent after it announced December quarter earnings. Its Q3 profit rose 30.3 percent year-on-year to Rs 2910 crore. Profit was impacted by higher provisions but was supported by other income.

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11:00

Nifty hovers around 8750; ONGC, GAIL, HDFC laggardsRead More »

SBI, Sun Pharma, TCS, Wipro and Hero Motocorp are top gainers in the Sensex. Among the losers are BHEL, GAIL, ONGC, Tata Motors and HDFC.

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10:00

Sensex, Midcap trade higher; Cipla, Glenmark, Lupin jumpRead More »

The market remained higher for the fourth consecutive session today. The Sensex rose 106.78 points to 28911.88 and the Nifty climbed 42.25 points to 8753.80 led by metals, IT, auto, FMCG and select banks stocks.

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09:15

Sensex, Nifty open firm; SBI gains 2%, BHEL drags 5%Read More »

SBI is up 2 percent while ICICI Bank, Hero, Dr Reddy’s Labs, and Sun Pharma. BHEL is down 5 percent and Coal India, ONGC, Infosys and M&M are losers in the Sensex.

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