Sensex rises for 2nd day, surges 1,223 pts; Nifty tops 16,300; RIL zooms 5%

CLOSING BELL: Ukrainian President Volodymyr Zelenskyy's reported statement that his country has cooled down on the question of a NATO membership calmed investor nerves

1:37 PM

China Feb factory inflation eases, spotlight on global commodities

China's factory inflation in February eased to the slowest annual pace in eight months, but analysts expect a pick-up in the coming months from surging prices of global commodities including oil, challenging policy-making to support the economy. Read the report. 

 

1:26 PM

EXPERT COMMENT :: Markets and Elections

>> The UP election is considered important from the market perspective as it is a major state to define the political situation.

>> Earlier, the market was a little doubtful about the majority of BJP in UP but now there is some confidence after exit polls.

>> The outcome of election results will have an impact for a day or two and we will see a positive reaction in the market if BJP comes in UP

>> But if the global situation doesn't improve, then we will see sell on rising in the market.

>> If BJP doesn't come in UP then we will see a knee-jerk reaction in the market towards the 15,500 level. After then the direction of the market will depend on the global situation.

Views by: Parth Nyati, Founder, Tradingo

1:26 PM

Asian Markets exhibit mixed trend in trades on Wednesday

1:15 PM

BSE IT index up over 2%, smallcaps IT outperform

1:13 PM

US futures firmly higher one day ahead of February inflation data release

 

1:00 PM

Top contributors to BSE Sensex 1,000-point rally

Reliance Industries was the top contibutor followed by Infosys and HDFC Bank. The trio cumulatively accounted for around 50 per cent of the gains on the BSE benchmark.

12:59 PM

Sensex heatmap: Only 5 out of 30 stocks sit in red

12:53 PM

Markets at day's high: Sensex jumps 1000 points, Nifty above 16,250

 

12:49 PM

Sunil Kataria joins Raymond as CEO of Lifestyle business; stock gains

12:44 PM

These two beaten-down Tata Group stocks freeze at 5% upper circuit

Shares of two Tata Group companies - Nelco and Tejas Network - were locked in the 5 per cent upper circuit on Wednesday after correcting up to 37 per cent from their respective 52-week highs on the BSE. READ MORE

12:35 PM

Top Gainers among BSE 500 so far

IOL Chemicals, MAS Financial Services zoomed over 10 per cent each.

12:34 PM

Most sectoral indices trade in green; Banks firm up while metals see profit-booking

12:31 PM

Reliance top Sensex contributor, soars above 3%

12:28 PM

Sensex at day's high, jumps over 700 points

12:26 PM

Nifty 50 reclaims 16,200 levels