Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Sensex Ends 428 Points Higher; Energy and Healthcare Stocks Witness Buying
Wed, 19 Feb Closing | Monish Vora, TM Team

Editor's note: Dear reader, we are now on Telegram! Get our latest views on stock markets and more, instantly. Join our Telegram channel here!


Indian share markets continued their momentum during closing hours and ended their trading session on a positive note today.

At the closing bell, the BSE Sensex stood higher by 428 points (up 1.1%) and the NSE Nifty closed higher by 137 points (up 1.2%).

The BSE Mid Cap index ended up by 1.3% and the BSE Small Cap index ended the day up by 1.4%.

All sectoral indices were trading in the green with healthcare sector and energy sector witnessing most of the buying interest.

Asian stock markets finished on a mixed note as of the most recent closing prices. The Hang Seng stood up by 0.46% and the Nikkei was trading up by 0.89%, while the Shanghai Composite was trading down by 0.32%.

European markets were trading on a positive note. The FTSE 100 was up by 0.77%. The DAX was trading up by 0.42%, while the CAC 40 was trading up by 0.62%.

The rupee was trading at 71.48 to the US$ at the time of writing.

--- Advertisement ---
Investing Legends are Quitting the Markets...

Yes, it's true. Several investing legends are quitting the market.

And we believe this has just triggered what could be the biggest investing opportunity of 2020.

Why do we say that?

How can you get in on this opportunity?

Read full details here...
------------------------------

Speaking of Indian share markets, Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from what she calls the Rebirth of India.

As per her, now is the right time to buy these stocks to profit from the Rebirth of India. You can read about them here.

In news from the commodity space, gold was witnessing buying interest today. The yellow metal held steady above the key US$ 1,600 mark today as an uptick in equities due to a drop in new coronavirus cases was offset by fears of an economic fallout.

The increase in the number of new virus cases slowed in China's Hubei province even as the death toll rose by 132 as of Tuesday. This was seen as a welcome breather and meant some gains for gold.

Market participants are now awaiting the minutes of the Federal Reserve's January 28-29 policy meeting to take cues on what effect it would have on gold prices.

We will keep you updated on all the upcoming news from this space. Stay tuned.

Speaking of gold, how lucrative has gold been as a long-term investment in India?

The chart below shows the annual returns on gold over the last 15 years...

Gold Has Been a Shining Long-Term Investment

As you can see, barring just two years - 2013 and 2015, gold has delivered positive returns in 13 of the last 15 years.

Here's what Ankit Shah wrote about this in one of the editions of The 5 Minute WrapUp...

  • In fact, gold has delivered double-digit gains in 10 of the last 15 years.

    During the entire 15-year period, gold has shot up 555% (compounded annual return of 12.1%).

    During the same period, the Sensex surged 511% (compounded annual return of 12.0%). If you include dividends, the Sensex returns would be higher than gold by a couple of percentage points.

    One must note that the Sensex returns are not representative of the broader market returns. Moreover, gold was a no-brainer. You didn't have to study financial statements, business models and forecast future earnings growth to get a double-digit return on your investment.

Meanwhile, Vijay Bhambwani talks about how gold has been relied upon by humankind for 3000 years in one of his videos.

If you consider street inflation, your fixed deposits are giving negative yields. In times like these, Vijay considers gold as a safe haven.

So, is it the time to buy gold?

Tune in to find out...

Moving on to news from the telecom sector, Vodafone Idea share price was in focus today. The stock of the company witnessed buying interest after reports stated that the government is unlikely to invoke the company's bank guarantees for now.

This is even as the officials of the telecom and finance ministries met Cabinet secretary Rajiv Gauba to discuss ways to ensure that the sector retains three private players.

As per the news, the government could consider postponing or staggering other payments due to it, in order to give some flexibility to telcos to cough up money towards AGR (adjusted gross revenue) dues.

How this pans out remains to be seen. Meanwhile, we will keep you updated on all the developments from this space.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Sensex Ends 428 Points Higher; Energy and Healthcare Stocks Witness Buying". Click here!

  

Stock Market Updates

DR. LAL PATHLABS LTD Surges by 5%; BSE HEALTHCARE Index Up 0.5% (Today's Market)

Mar 27, 2020 03:34 PM

DR. LAL PATHLABS LTD share price has surged by 5% and its current market price is Rs 1,571. The BSE HEALTHCARE is up by 0.5%. The top gainers in the BSE HEALTHCARE Index are DR. LAL PATHLABS LTD (up 5.2%) and AJANTA PHARMA (up 6.2%). The top losers are ALEMBIC PHARMA (down 0.1%) and DR. REDDYS LAB (down 0.2%).

TEAMLEASE SERVICES Plunges by 10%; BSE 500 Index Down 0.2% (Today's Market)

Mar 27, 2020 03:34 PM

TEAMLEASE SERVICES share price has plunged by 10% and its current market price is Rs 1,777. The BSE 500 is down by 0.2%. The top gainers in the BSE 500 Index are SHRIRAM TRANSPORT (up 12.6%) and MMTC LTD (up 12.2%). The top losers are TEAMLEASE SERVICES (down 10.2%) and MAHARASHTRA SEAMLESS (down 14.4%).

NESCO Plunges by 6%; BSE CAPITAL GOODS Index Down 0.3% (Today's Market)

Mar 27, 2020 03:30 PM

NESCO share price has plunged by 6% and its current market price is Rs 520. The BSE CAPITAL GOODS is down by 0.3%. The top gainers in the BSE CAPITAL GOODS Index are BHARAT ELECTRONICS (up 9.0%) and FINOLEX CABLES (up 6.6%). The top losers are NESCO (down 5.9%) and AIA ENGINEERING (down 5.3%).

SIEMENS Plunges by 5%; BSE CAPITAL GOODS Index Down 0.3% (Today's Market)

Mar 27, 2020 03:18 PM

SIEMENS share price has plunged by 5% and its current market price is Rs 1,165. The BSE CAPITAL GOODS is down by 0.3%. The top gainers in the BSE CAPITAL GOODS Index are BHARAT ELECTRONICS (up 8.7%) and FINOLEX CABLES (up 6.7%). The top losers is SIEMENS (down 5.1%).

PFIZER Plunges by 5%; BSE HEALTHCARE Index Down 0.4% (Today's Market)

Mar 27, 2020 03:12 PM

PFIZER share price has plunged by 5% and its current market price is Rs 4,000. The BSE HEALTHCARE is down by 0.4%. The top gainers in the BSE HEALTHCARE Index are GRANULES INDIA (up 10.6%) and CAPLIN POINT (up 7.4%). The top losers are PFIZER (down 5.2%) and APOLLO HOSPITALS (down 6.0%).

Indian Indices Erase Gains; Telecom Stocks Under Pressure (Today's Market)

Mar 27, 2020 12:30 pm

The BSE Sensex is trading up by 110 points, while the NSE Nifty is trading up by 76 points.

View More Indian Share Market News

Most Popular

This Crorepati Stock Could Be the Best Vaccine for Your Portfolio Against Coronavirus(Profit Hunter)

Mar 17, 2020

If there is one stock I had to recommend you amid Coronavirus outbreak, this would be it.

If I Were to Recommend One Stock Amid Coronavirus Outbreak, This Would be It.(Profit Hunter)

Mar 19, 2020

Coronavirus outbreak has made no impact on the long term prospects of my favourite smallcap. What it has indeed done is brought the company below my buy price, making it even more attractive investment at current price.

Why India Will Be the Biggest Winner in a Post-Coronavirus World(The 5 Minute Wrapup)

Mar 19, 2020

The way businesses operate will change in a major way post the coronavirus impact. Here's why India stands to benefit from this change...

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

The Real Long-Term Impact of the Coronavirus on India(The 5 Minute Wrapup)

Mar 18, 2020

My view on the impact of the Coronavirus on the Indian economy.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Mar 27, 2020 (Close)

MARKET STATS