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The 30-share Sensex was trading 929.54 points or 2.01 per cent higher at 47,215.31; and the broader Nifty surged 260.05 points or 1.91 per cent at 13,894.65.
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Benchmark equity indices BSE Sensex and NSE Nifty opened higher on Monday ahead of the Union Budget 2021.
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Market is awaiting key reforms that could push growth and kickstart the capex cycle in the economy.
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Benchmark equity indices BSE Sensex and NSE Nifty are likely to stay volatile on the budget day on February 1.
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Benchmark equity indices extended their losses for the sixth session on January 29 as the pre-Budget Economic Survey failed to cheer market participants
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Benchmark equity indices witnessed a sharp fall during the week ended 29th January. The mood in the market was fragile as investors became wary of risks due to upcoming budget and heavy selling by FIIs.
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We feel the next support is at 13,500 and a breach of the same might force the index towards 13,131 in case of any negative surprises from the Budget 2021.
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This week witnessed a sharp correction in domestic bourses while the global peers followed. The abrupt fall coincided with the monthly expiry which acted as a double whammy leading to a sharp bruise in the highly run-up stock prices. In fact, it is the weaker bets that have moved out of the markets before the […]
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Union Budget 2021, RBI monetary policy outcome, December quarter earnings and auto sales figures for the month of January will drive the market next week. Market is awaiting key reforms that could push growth and kickstart the capex cycle in the economy. The Union Budget 2021-22 would be presented on February 1. The Parliament session […]
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After a gap up opening, the BSE Sensex and BSE Nifty ended Friday’s volatile session more than 1% lower, dragged by heavy selling in IT and auto stocks. Maruti Suzuki, Bajaj Auto, Infosys, Bharti Airtel, and Bajaj Finserv, down between 5% and 2.5%, were the top losers. On the flipside, IndusInd Bank, Sun Pharma, HDFC […]