Benchmark indices ended higher, lifted by bank and metal stocks, for third consecutive trading session on Tuesday that also saw Sensex and Nifty reclaim the 40,000-mark and 12,000-mark, respectively, during intra-day trade although the indices settled at lower levels by the end.
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The Sensex, which had tumbled nearly 550 points in the past two sessions, moved up by 142.40 points to 8,921.57 in opening trade with banking, realty and metal sector indices leading the recovery. Similarly, the broader National Stock Exchange Nifty, rose by 38.70 points at 2,744.85.
Equity benchmark BSE Sensex advanced 264 points on Friday, propelled by gains in index heavyweights HDFC, ICICI Bank, HUL and ITC amid positive cues from the global markets. After gyrating 568 points during the day, the 30-share Sensex ended 263.86 points, or 0.71 per cent.
Employee Welfare Trusts held stocks. How weightage of stocks are calculated in Sensex 30? Sensex is calculated using free-float market capitalization of individual stocks. It means from year 1979 till 2019, Sensex has appreciated from 100 to 38,000 points (at rate of 16% p.a. in 40 years).
Domestic equity benchmark BSE Sensex dropped below the 37,000 level, plunging over 400 points, in early trade on Tuesday tracking heavy selling in financial and auto stocks amid weak domestic and global cues. The 30-share index was trading 403.87 points, or 1.08 per cent, lower at 36.
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Sensex is basically a Sensitive Index which senses the Indian Stock Market and tells us in which direction the Market is heading. So if someone says Sensex is up by X points then it simply mean that Indian Stock Market is moving in the positive direction.
At close, the Sensex was up 311.98 points at 39,434.94, while Nifty was up 96.80 points 11,796.50. JSW Steel, BPCL, Reliance Industries, Axis Bank and Tata Steel were among major gainers on the indices, while losers were Yes Bank, Bharti Infratel, Asian Paints, IndusInd Bank and.
BANK EXAMS 11:38:00 AM Banking related general awareness. The BSE Sensex and NSE Nifty opened on a weak note on Wednesday and touched their fresh 52-week lowfollowing weak global cues, soft rupee and falling crude oil price. Below are the reasons why Sensex fell over 400 points today
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Market opens at new record, Sensex climbs over 300 points, Nifty above 10,850. As many as 34 stocks in the Nifty basket were trading in the green, with Hero MotoCorp jumping 2 per cent, followed by HDFC Bank (up 1.85 per cent), State Bank of India (1.48 per cent), Axis Bank (1.46 per cent) and.