Share markets in India continued to rally and finished on a strong note for third consecutive session on the back of positive quarterly results and strong global markets.

NSE Nifty closed up 126.95 points or 1.5 percent at 8602.75, while BSE Sensex was up 332.56 points or 1.2 percent at 27708.14.

Asian markets finished broadly higher today building on Wall Street’s overnight rally with shares in Japan leading the region. The Nikkei 225 is up 1.43% while Hong Kong’s Hang Seng is up 0.43% and China’s Shanghai Composite is up 0.22%. European markets are also higher today with shares in Germany leading the region. The DAX is up 1.23% while France’s CAC 40 is up 1.13% and London’s FTSE 100 is up 0.56%.

IT sector is still witnessing the pressure. Nifty IT closed at 10164.45 level losing 37.15 points or 0.36%. TCS outperformed the IT index to close in green, up by 1.67%.

Nifty Private Bank was leading the bunch of sectoral indices on NSE. The index closed at 10812.55 level, gaining 2.54%. Kotak Bank was the top gainer in the private banks. The stock closed at Rs 793.90 per share, up by Rs 50.55 per share or 6.80%.

BSE Finance emerged as top gainer in Wednesday’s session, and closed up by 2.59%. HDFC contributed 25% to the index gains and pushed the index to higher level.

IT, Telecom, Utilities, Power and Teck were showing weakness on BSE with Telecom being the top loser.

All the European major indices are currently trading in green. CAC 40 is trading up by 8.62 points and DAX is trading up by 49.18 points.

Siemens said the zero hour overhauling will be first of its kind in India and involves the overhaul of power turbines to zero hour status. Under the new concept of zero hour overhaul, the power turbine will perform almost as new and will be capable of a safe run of another 100,000 hours before the next overhaul. This will help in reducing down-time and increase in productivity.

Siemens share price finished the trading day up by 1% on the BSE.

In another development, BHEL in association with ABB, has bagged a project from Power Grid Corp. BHEL’s scope of work is valued at Rs 13.6 billion for setting up an 800 kV, 6,000 MW HVDC link between Western Region Grid (Raigarh, Chattisgarh) and Southern Region Grid (Pugalur, Tamil Nadu).

The rupee was trading at 68.07 per US dollar.

There were 874 advances, 589 declines; and 85 remained unchanged in Wednesday’s trading session, showing strong positive bias floating in the market.

Top 5 Nifty Gainers: HDFC (3.76%), Adani Ports & Sez (3.72%), Hero Motocorp (3.15%), Axis Bank (3.05%), and Coal India (2.42%).

Top 5 Nifty Losers: Wipro (-1.68%), Bharti Airtel (-1.50%), Infosys Ltd. (-1.06%), Reliance Ind. (-1.03%) and NTPC (-0.84%)

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Share markets in India finished on a strong note as buying activity intensified in the afternoon session amid strong global markets. At the closing bell, the BSE Sensex stood higher by 258 points, while the NSE Nifty finished up by 84 points. The S&P BSE Mid Cap & the S&P BSE Small Cap finished up by 1% and 0.9% respectively. Metal sector gained the most, followed by auto and power stocks.

NSE Nifty was up 84.30 points or 1 percent at 8475.80, while BSE Sensex closed up 258.24 points or 0.9 percent at 27375.58.

HDFC Bank remained top gainer in banking space with gains recorded at 2.02% and closing at Rs 1269.80 per share.

In what can be termed as a broad-based rally, all the major sectoral indices ended in green with BSE Metal gaining the most along with BSE Auto Index.

One day before the expiry, the market remained steady throughout the day witnessing some short covering in certain stocks like Page Industries Limited.

The European markets opened in green and aided the market sentiment locally for Indian markets.

BSE Oil & Gas, BSE Capital Goods and BSE Consumer Durables all closed in green gaining more than 1% on Tuesday.

Top Sensex gainers in today’s trade were Bajaj Auto, M&M & Adani Ports with each stock gaining more than 2.5%.

Ashok Leland, Motherson Sumi and BOSCH were all up by more than 2%.

IT stocks remained weak in today’s trade with Infosys closing in red.

Sugar and Paper stocks rallied in today trade.

Movers and Shakers in Tuesday’s market

Yes Bank: – The fifth largest private bank in India traded in red even as the major private banks traded in green. The company said that it has no immediate plans to raise capital via QIP. H Auto

HDFC Bank: – The stock as the top gainer in the NIFTY Bank index due to superior set of results.

Bajaj Auto: – The stock remained top auto gainer in today’s trade.

The rupee was trading at 68.14 per US dollar.

About 1572 shares have advanced, 1153 shares declined, and 305 shares were unchanged.

Top 5 Nifty Gainers: Bajaj Auto (3.42%), Adani Ports & Sez (2.72%), BHEL (2.41%), M&M (2.27%), and HDFC Bank (2.10%).

Top 5 Nifty Losers: Bharti Airtel (-1.00%), Infosys Ltd. (-0.76%), Hind. Unilever (-0.38%), ICICI Bank (-0.12%) and Wipro (-0.10%)

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Markets opened on weaker note on the first day of the week giving an impression of a tough week ahead. Within minutes of being down, markets recovered sharply with major indices recovering smartly in the early hours of the trade only to erase gains in the afternoon.

NSE Nifty gained 42.15 points at 8391.50, while BSE Sensex was up 82.84 points to close at 27117.34.

Markets in Europe were lower today after US President Donald Trump took office and promised to pursue a protectionist policy. France’s CAC, Germany’s DAX and Britain’s FTSE were up around 0.4 percent at the time of writing this article. Asia ended mixed.

GAIL remained the top gainer throughout the day with BSE Oil & Gas remaining one of the best sectoral performers.

Gail managed to close up by more than 2.4% at Rs 470 per share. Grasim, IDEA, Zee Entertainment were major index (Nifty) gainers. Larson & Toubro, Axis Bank, RIL and ICICI bank were the major Index losers on Monday.

BSE Metal Index remained the best performer with stocks like SAIL , Hindalco and Nalco closing up by more than 5%. Healthcare, Telecom and Capital Goods were the three sectors that underperformed in today’s trade.

Akshar Chem: The stock closes at its 52-w high even as the company announces major capex plans for coming

ICICI Bank: The stock reeled under selling pressure as the NPA provisioning is expected to take a toll on quarterly earnings for the bank.

Titan: The stock saw OI spurt and fresh long built up in positions.

Lupin gained 1.2 percent as the pharma major has received final approval for its Paroxetin extended release tablets that are used for the treatment of major depressive disorder, panic disorder, social anxiety disorder and premenstrual dysphoric disorder.

Hindustan Unilever was up 0.25 percent. After market hours, the company said profit in Q3 increased 7 percent year-on-year on one-time gain but margin and volume growth (at -4 percent) disappointed analysts.

The rupee was trading at 68.20 per US dollar.

The broader markets also traded in line with benchmarks. About 1610 shares advanced against 1137 declining shares on the BSE.

Top 5 Nifty Gainers: GAIL (2.23%), Tata Motors (1.88%), HDFC (1.88%), Hero Motocorp (1.55%), and Tata Steel (1.42%).

Top 5 Nifty Losers: ICICI Bank (-2.18%), L&T (-1.59%), Axis Bank (-1.22%), Sun Pharma (-1.08%) and Reliance Ind. (-0.70%)

To qualify NCFM Capital Market Dealers Module certification examination, register with Intelivisto.com and buy Capital Market comprehensive question bank which features mock test, chapter-wise and full length test as per NCFM standards. It also includes performance analysis tools to analyze the performance. For more information call on: +91-9891224488.