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

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

  • MyStocks


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

Strong start to the week
Mon, 22 Jun Closing

Indian markets continued to rally upwards during the last hours of trade. The Sensex ended higher by 414 points or 1.5%, while the NSE-Nifty closed higher by 128 points or 1.6%. Sectoral indices closed the day on a mixed note with Banking and Power stocks leading the gains. The BSE Mid Cap index ended higher by 1.5%, while the BSE Small Cap index ended up by 1.4%.

At the time of writing, the Indian Rupee was trading at 63.52 to the US dollar. Stocks in Europe were trading in the green at the time of writing, while Asian stocks were trading mixed.

Stocks in the automobile sector are trading on a mixed note with Maharashtra Scooters and Escorts witnessing maximum buying interest. As per a leading financial daily, Maruti Suzuki has sold 22,595 units of Alto, the mini car, for the month of May. This is a jump of 30.5% over the year ago period. With this, Alto has emerged as the country's top selling car for a fifth straight month. This was supported by a strong demand in rural areas. On a separate note, from the top ten passenger cars, six representatives were from Maruti Suzuki. Rival Honda's sedan city was placed at seventh position. The stock of Maruti Suzuki ended up by 0.9%.

Engineering stocks are also trading mixed with Jyoti Structure and Shanthi Gears bearing the maximum brunt of profit booking. Air-conditioning and commercial refrigeration major, Blue Star has launched the next generation, 100% inverter variable refrigerant flow (VRF) air-conditioning (AC) system named Blue Star VRF IV Plus. After this announcement the stock of the company surged in today's trade. Also backed by the confidence in this product, the company is planning to increase its exports by three-fold by 2018. The stock of Blue Star ended up by 1.2%.

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 "Strong start to the week". Click here!


Views on News

The Best Stocks in a Volatile Market podcast (Views On News)

Mar 5, 2021

Rahul Shah on the qualities that make for a good investment in an up and down market.

A New Super Cycle in Metals? (Fast Profits Daily)

Mar 5, 2021

In this video, I'll tell you if there is huge money to be made in metals or if there is more to the super cycle story.

Mirae Asset Corporate Bond Fund: Aiming for Growth with Focus on Quality and Liquidity (Outside View)

Mar 5, 2021

PersonalFN analyses the features of Mirae Asset Corporate Bond Fund and explains the potential this fund has to offer to its investors.

Charge Your Portfolio with this Smallcap Proxy Play on India's EV Revolution (Profit Hunter)

Mar 5, 2021

This could be the biggest wealth creator of the decade.

Inflation & Your Investments (Fast Profits Daily)

Mar 4, 2021

Inflation is the buzz word in the world of finance these days. It impacts all of us. Here's how it affects your investments.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market (Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

The Hidden Tesla in My Great Indian Wealth Project (Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Mar 5, 2021 (Close)