Sensex adds 1564pts, Nifty tops 17750 in broad-based rally; financials lead

CLOSING BELL: Benchmark indices clocked their biggest intra-day gain since May 20 as broad-based buying emerged across sectors

10:29 AM

Dollar sags below 20-year peak as euro reinvigorated by ECB bets

By comparison, bets for a 75 bps increase by the Fed on Sept. 21, while higher at 70%, have receded from as much as 75% on Monday. Read more

10:16 AM

New growth opportunities, high debt risk: How analysts interpret RIL's AGM

 Analysts said that though the company is set to embark the journey of new growth opportunities in telecom, and new energy areas, it may lead to increase in near-term debt, and weaken the return ratios. Read here

10:00 AM

COMMENT | Near-term weakness likely; valuation worries call for caution

Compared to the sell-off in US markets last Friday the correction in Indian market yesterday was relatively mild.

This is a reflection of the resilience of the Indian market. However, it is important to appreciate the fact that valuations in India are high.

Nifty is trading around 20 times forward earnings. MSCI India is trading at 100% premium to emerging market rivals.

This calls for some caution. There is possibility of further correction in the market in the near-term.

Financials, capital goods, autos, telecom and FMCG are strong segments attracting investment.

Views by V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

9:55 AM

MARKET CHECK | Sensex firmly extends gains, up 500 pts

 

 

9:50 AM

KIIMS adds 2%; to buy majority stake in SPANV Medisearch Lifesciences

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9:46 AM

BLS International soars 12%; Nomura picks up 0.5% stake in co

9:42 AM

Ugro Capital gains 2%; co to raise Rs 50 crore via NCDs

9:38 AM

IRCTC in green; clarifies not aware of govt's plan to drop OFS

9:31 AM

NIFTY LOSERS | Bharti Airtel sole laggard

9:26 AM

NIFTY GAINERS | Bajaj twins, IndusInd Bank lead winners

9:24 AM

BROADER MARKETS | Small-caps firmly outperform benchmarks

9:22 AM

SECTORS | All pockets in green; Metals, PSBs lead gainers

9:20 AM

SENSEX HEATMAP | RIL, Airtel among handful of index losers

9:18 AM

OPENING BELL | Nifty moves above 17,400

9:17 AM

OPENING BELL | Gap-up open for Sensex, opens 400 pts up