X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
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?  

Indian markets recover sharply
Mon, 2 Mar 03:30 pm

BSE Sensex and NSE-Nifty gained momentum in the second half of the trading session after remaining flattish for most part of the trading day. While BSE Sensex gained 0.41% or 120 points, the NSE Nifty gained 0.71% or 66 points. BSE Mid Cap and BSE Small Cap clearly outperformed the market today. The midcap and smallcap indices gained 1.6% and 1% respectively. Precious metals, gold and silver retreated from their day highs and are now trading with a gain of about 0.70% each. While gold is trading at Rs 26,659 per 10 grams, silver is trading at Rs 36,965 per kilogram. The value of Indian Rupee against the U.S. Dollar has increased 0.20% to 61.95.

Like the Asian stock markets Germany's DAX and FTSE too are trading in the green with gains of 0.30% and 0.35%, respectively. While the Asian markets closed in the green as China decided to cut the primary interest rates, European markets are trading positively because of the stimulus measures are just days ahead.

Automobile sector witnessed a sell-off owing to weak numbers revealed by a major automobile company. Shares of Bajaj Auto fell nearly 4% after the company said that the sale volumes of motorcycles for the month of February declined by 21% YoY. The sales figure of the company stood at 216,077 units for the month of February. Furthermore, the company also said that it export figures have fallen by 20% YoY to 112,909.

Construction sector remained flat during today's session. However, stock price of GMR Infrastructure crashed by as much as 7% as the board members of GMR decided to raise capital to the tune of Rs 14 bn via rights issue. The issue price of the shares has been decided at Rs 15 per share with a Face Value of Re 1. In July last year, the company had raised capital of about Rs 14.8 bn via a different route.

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

Equitymaster requests your view! Post a comment on "Indian markets recover sharply". Click here!

  

Views on News

Two Meetings That Nailed the Idea of Owning Brilliant Smallcaps Without Buying Them (The 5 Minute Wrapup)

Mar 22, 2018

Certain blue chips hold the potential of delivering returns comparable to small-cap stocks. With these stocks, you can get the best of both worlds.

What They Forgot to Tell You About Sensex at One Lakh (Profit Hunter)

Nov 29, 2017

Stocks that could beat Sensex returns in the long term.

Is Your Bank Gambling With Your Money? These Banks Should be Declared Dangerous... (Profit Hunter)

Jul 17, 2018

Tanushree Banerjee bets you would not want to leave your money with these unsafe banks...

Your Rescue Plan from the Cave of Poor Quality Stocks (The 5 Minute Wrapup)

Jul 17, 2018

And there will be no getting trapped with Amtek, Vakrangee, or Manpasand like stocks.

2019 Lok Sabha Elections and the Perils of Populism (Vivek Kaul's Diary)

Jul 17, 2018

Evidence from around the world shows that populism can only lead to more populism and this is clearly not good news for the Indian economy.

More Views on News

Most Popular

The Real Truth About India's FDI, Beyond WhatsApp(Vivek Kaul's Diary)

Jul 4, 2018

The FDI numbers do not look very impressive once we adjust for repatriations as well as the overall growth in the economy.

How to Avoid a 90% Loss Suffered by This Super Investor(The 5 Minute Wrapup)

Jul 12, 2018

Blindly following super investors is a dangerous game to play. Here's how you can avoid such mistakes.

The Answer to Your Wealth Worries: Small Caps (Especially Now)(Profit Hunter)

Jul 10, 2018

If you're worried about the markets - you are on the wrong track. This is opportunity - put your wealth-building hat on, instead - Richa shows you how...

New Fund Offer - ICICI Prudential Pharma Healthcare and Diagnostics Fund - Should You Invest?(Outside View)

Jul 6, 2018

ICICI AMC launches an open -ended equity fund following Pharma, Healthcare, Diagnostic and allied theme.

When Disappointment Panda is Around. Buy Quality Stock like This!(Chart Of The Day)

Jul 6, 2018

Buy Companies that can fight all kinds of Pandas and Bears in the long run.

More

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Jul 17, 2018 02:51 PM

MARKET STATS