Pace Research Morning Bell : Sensex Opens At Record High & Nifty Hits 10,400

Equity benchmarks as well as Nifty Bank started off Wednesday's trade with record highs. The 30-share BSE Sensex was up 209.28 points or 0.63 percent at 33,422.41 and the 50-share NSE Nifty rose 61.20 points or 0.59 percent to 10,396.50. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774 

Pace Research Closing Bell : Sensex, Nifty Ends Marginally Lower

Benchmark indices ended marginally lower on Tuesday, retreating from record highs hit in the previous session, as recent out performers such as State Bank of India fell, while Infosys Ltd dropped after going ex-dividend.

The S&P BSE Sensex ended the day at 33,213, down 53 points while the broader Nifty50 index settled at 10,340, down 23 points. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

Sensex, Nifty Continue To Trade Subdued

Benchmark indices continued to trade mildly lower, with range bound move continuing through the first hour of the afternoon as well.

The Sensex was down 27.41 points at 33238.75, while the Nifty was down 13.50 points at 10350.20. The market breadth was narrow as 1,308 shares advanced against a decline of 1,158 shares, while 131 shares were unchanged.

Axis Bank and ONGC were the top gainers on both indices, while Infosys, Tata Steel, Vedanta and Hindalco lost the most. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

Nifty Holds 10,350, Midcap Continues To Outperform

Equity benchmarks continued to consolidate ahead of Federal Reserve's two-day policy meeting that will begin tonight, and corporate earnings.
The 30-share BSE Sensex was up 0.06 points at 33,266.22 and the 50-share NSE Nifty fell 9.30 points to 10,354.40.
The BSE Midcap index was up 0.3 percent and Smallcap gained 0.5 percent. Axis Bank, Tata Steel, Bharat Electronics (BEL), PNB and Graphite India were most active shares on the NSE. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Sensex Opens Flat, Nifty 10,350 On Negative Global Cues

Equity benchmarks opened flat with a negative bias, led by some profit booking as investors looked for more earnings for cues.
The 30-share BSE Sensex was down 33.60 points at 33,232.56 and the 50-share NSE Nifty fell 11.50 points to 10,352.20.
The Indian rupee opened marginally higher at 64.83 per dollar on Tuesday versus previous close 64.85.
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Pace Research Closing Bell : Sensex, Nifty End Flat Post Range Bound Move

The Nifty50 index pared gains to end in negative after hitting record high earlier in the session, as Yes Bank slumped nearly 10% on concerns over bad loans. The Sensex ended flat but at new closing high for the day. 
The S&P BSE Sensex ended at 33,157, up 10 points while the broader Nifty50 index ended at 10,323, down 20 points.For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Maruti Suzuki Reports 3.4% YoY Rise In Q2 Net Profit At Rs 2,484 Crore

The country’s largest carmaker Maruti Suzuki BSE 1.01 % on Friday reported a rise of 3.44 per cent in profit after (PAT) tax at Rs 2,484.3 crore for the quarter ended September 30. The profit was higher than ET Now poll of Rs 2,277 crore. 
The company had reported a profit of Rs 2,401.5 crore in the corresponding quarter last year. The company said it expects a double-digit growth for the remainder of the financial year. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Sensex, Nifty Volatile Ahead Of ITC, ICICI Bank, Maruti Suzuki Earnings

Equity benchmarks continued to consolidate in afternoon after hitting record highs. Investors looked for more earnings for further cues.
The 30-share BSE Sensex was up 84.32 points at 33,231.45 and the 50-share NSE Nifty fell 0.60 points to 10,343.20. About 1,390 shares advanced against 1,065 declining shares on the BSE.
ITC rallied 2.5 percent, ICICI Bank gained 0.7 percent and Maruti Suzuki was up 1.5 percent ahead of earnings later today. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Sensex, Nifty Hit Fresh Record High; Bharti Twins Drop, Adani Ports Up 4%

Benchmark indices made record high levels at the opening bell, led by strong positive momentum seen on daily charts and better-than-expected rollovers to November futures and options series contracts. At 9.22 am, the BSE Sensex was trading 67.19 points, or 0.20 per cent, higher at 33,214.32. The index hit a all-time high of 33270.62 in the opening trade. The Nifty50 was trading at 10,347.50, up 3.70 points, or 0.04 per cent. The index hit a all-time high of 10,366.15 in early trade. Bharti Airtel and Bharti Infratel plunged 4-6 percent.

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Dow, S&P Gain But Nasdaq Dips As Healthcare Lags

The Dow and S&P 500 advanced on Thursday after a round of positive corporate earnings announcements, but gains were curbed and the Nasdaq lost ground on a drop in the healthcare sector.

DowDuPont was up 2.8 percent as the biggest boost to the S&P 500. It forecast third-quarter profit well above Wall Street’s expectations ahead of the combined company’s first earnings report next week.

The Dow Jones Industrial Average rose 71.61 points, or 0.31 percent, to 23,401.07, the S&P 500 gained 3.26 points, or 0.13 percent, to 2,560.41 and the Nasdaq Composite dropped 7.12 points, or 0.11 percent, to 6,556.77.
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Pace Research Morning Bell : Sensex, Nifty Hit Record Highs At Open

The market started off last day of the week on a positive note as equity benchmarks hit fresh record highs but Nifty Bank fell over half a percent due to weak earnings from Yes Bank.

The 30-share BSE Sensex was up 83.71 points at 33,230.84 and the 50-share NSE Nifty rose 15.10 points or to 10,358.90. The Indian rupee declined in the early trade on Friday. It has opened lower by 20 paise at 65.02 per dollar versus 64.82 Thursday. 
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Pace Research Closing Bell : Nifty Ends October Series Above 10,300, Sensex Gains 105 pts

Benchmark indices rose in the last leg of the trade to ended the day at fresh highs at October expiry with Nifty50 surpassing 10,350-mark. The broader markets ended at fresh high too.
S&P BSE Sensex settled at new high of 33,147, up 104 points for the day. Nifty50, on the other hand, also achieved new milestone, ending at fresh closing high of 10,334, up 39 points. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Sensex Hits Record High, Midcap Outperforms Nifty

Equity benchmarks extended gains amid volatility in afternoon, with the Sensex hitting fresh record high of 33,151.26.
The 30-share BSE Sensex was up 84.36 points at 33,126.86 and the 50-share NSE Nifty rose 35.40 points to 10,330.80.
The NSE Midcap and Smallcap indices gained 0.7 percent each, outperforming benchmarks. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Sensex, Nifty Remain Dull; IB Housing Finance, HCL Tech Top Drags

Equity benchmarks Nifty50 and Sensex were trading in the negative territory in Thursday's early trade. Weak Asian cues and selling in IT, FMCG and private bank stocks kept the bourses under pressure. Investors appeared cautious ahead of October derivatives contracts expiry today. 
The Nifty50 index was trading 16 points lower at 10,280, while the 30-share Sensex was 108 points down at 32,934. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Asian Stocks Stall On Wall Street Pullback, Euro Gains Before ECB

Asian stocks stalled on Thursday, weighed as Wall Street shares pulled back from record highs, while the euro stretched gains ahead of a European Central Bank policy meeting at which it could take a major step away from accommodative policy.

MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.05 percent. Australian stocks dipped 0.2 percent while South Korea’s KOSPI lost 0.1 percent.

Japan’s Nikkei , which had snapped a 16-day winning run the previous day, rose 0.35 percent.
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Pace Research Morning Bell : Nifty Opens Flat, Sensex Hovers Around 33K

Equity benchmarks started off the trade on a flat note Thursday, ahead of expiry of October futures & options contracts later today.
The 30-share BSE Sensex was down 47.50 points at 32995.00 and the 50-share NSE Nifty fell 16 points to 10,279.40.
The Indian rupee opened higher by 10 paise at 64.79 per dollar on Thursday versus previous close 64.89. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Pace Research Closing Bell : Market Ends At Record Closing High

Benchmark indices ended at record closing high on Wednesday, backed by banks and infrastructure stocks after recapitalisation and highway projects boost.

The 30-share BSE Sensex was up 435.16 points or 1.33 percent at 33,042.50 and the 50-share NSE Nifty rose 87.70 points or 0.86 percent to 10,295.40. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

Reliance Nippon Life IPO Oversubscribed 1.5 Times In Just 1 Hour Of Issue Opening

The IPO (initial public offering) of Reliance Nippon Life Asset Management Ltd which opened for subscription on Wednesday was fully subscribed within minutes of opening. The public offer of Anil Ambani group’s asset management company was lapped up by QIBs (qualified institutional buyers) and NIIs (non-institutional investors) which led to the such a high subscription in such a short time. The total subscription of the IPO stood at 2.44 times as at 11:00 am. The IPO will remain open for three days starting today till 27 October 2017. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774

SBI, PNB, PSU Bank Stocks Rally Up To 40% On Modi Government’s Rs 2.11 Lakh Crore Recapitalisation

Shares of PSU banks rallied heavily on Wednesday following Modi government’s plan to recapitalise the lenders with a huge capital size of Rs 2.11 lakh crore. The stocks of all the listed state-run banks on the PSU bank index of NSE traded in green today with a maximum rise of up to 40%. About Rs 7,300 crore worth of shares exchanged hands on the Nifty PSU Bank index within an hour trade which is Rs 2,300 crore (approx) short of Rs 9,600 crore turnover of Nifty as at 10:17 am. India’s largest bank by asset size and loan book State Bank of India
jumped as much as 24.56% to hit the 52-week high of Rs 316.95.
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Pace Research Morning Bell : Banks Lift Benchmarks To Record High; Nifty Above 10,300

Equity benchmarks hit historic highs in opening trade on Wednesday, driven by banks after the government announced Rs 2.11 lakh crore recapitalisation for PSU banks on asset quality worries.
The 30-share BSE Sensex was up 456.55 points or 1.40 percent at 33,063.89 and the 50-share NSE Nifty rose 104.80 points or 1.03 percent to 10,312.50. Visit Our Website : www.paceresearchindia.com and Call : 8817774774