ONGC rallied 4 percent ahead of board meeting for announcement of interim dividend today. Top private sector lender ICICI Bank surged 3.6 percent on value buying while rivals State Bank of India and HDFC Bank jumped 2 percent each followed by Axis Bank with 1 percent.
14:26
Moneycontrol BureauLive Market Commentary The market extended upmove in afternoon trade with the Nifty inching towards the 6600 level supported by banks, oil & gas and FMCG stocks.
The Sensex rose 294.90 points or 1.36 percent to 22050.22 and the Nifty climbed 90 points or 1.39 percent to 6583.2, but the broader markets underperformed benchmarks.
The BSE Midcap and Smallcap indices gained 0.2 percent each. Declining shares outnumbered advancing ones by a ratio of 1460 to 1226 on the BSE.
ONGC rallied 4 percent ahead of board meeting for announcement of interim dividend today.
Top private sector lender ICICI Bank surged 3.6 percent on value buying while rivals State Bank of India and HDFC Bank jumped 2 percent each followed by Axis Bank with 1 percent.
13:00
According to data available in NSE, FIIs net bought Rs 4222 crore in cash market and sold Rs 784 crore in F&O market on March 22. DIIs net sold net sell Rs 4077 crore in cash market. The Sensex is up 273.78 points at 22029.10, and the Nifty up 84.95 points at 6578.15.
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12:00
Banking and financials, oil & gas, auto and capital goods see buying interest while select healthcare, metals and IT stocks are under pressure.
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11:00
Financial stocks continue to lead the rally. Reliance is up 2 percent. The rupee has risen to a near-two week high against the US dollar on custodial inflows and tracking strength in domestic share indices. IT stocks weak.
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10:00
India's largest private sector lender ICICI Bank topped the buying list, rising over 3 percent followed by HDFC Bank, HDFC and Axis Bank with 2 percent.
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09:15
Banks are on gaining while Tata Power is up 1 percent. The rupee opened higher at 60.84 per dollar, up 5 paise from Friday's closing value of 60.89 a dollar.
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