Live: Sensex Up 200 Points, Infosys, TCS Among Top Movers

The Sensex rose over 200 points while the broader Nifty was firm above its crucial psychological level of 9,400 led by gains in bluechip stocks such as Infosys, TCS, Larsen & Toubro, ICICI Bank, HDFC, and Reliance Industries. Analysts say the Sensex and Nifty are witnessing buying interest after a brief phase of consolidation. Meanwhile, futures and options (derivative) contracts for the month of May are set to expire later in the day. In the last six trading sessions, the Indian markets have faced selling pressure wherein the broader markets…

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Sensex, Nifty Edge Lower on Profit-Taking After Four-Day Rally

Mumbai: Indian stock markets edged lower on Tuesday for the first time in five days as investors booked profits in banking shares such as State Bank of India amid cautious trading ahead of major central bank meetings. Asian stock markets also wobbled, after they hit a two-month high in the previous session, ahead of the European Central Bank’s policy review on Thursday and U.S. Federal Reserve’s policy meeting next week. “It’s a retracement that we are seeing after last week’s rally,” said AK Prabhakar, head of research at IDBI Capital.…

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Sensex Ends Rangebound Session on a Flat Note

The Sensex and Nifty ended Tuesday’s rangebound session on a flat note as losses in banking and IT stocks offset the gains registered in metal and oil & gas stocks. The Sensex ended 13 points higher at 24,659 and Nifty ended slightly unchanged at 7,485 against its previous close. In the intraday deals, the Sensex touched high of 24,793 and low of 24,509. While, the Nifty moved in a band of 85 points. Buying was visible in metal and oil & gas stocks on the back of sustained rally in…

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