Mumbai: Markets ended in the red for the second straight day as the benchmark BSE Sensex slipped by about 44 points to end at 25,775.74 on offloading of positions by participants amid a mixed trend in Asia and a lower opening in Europe. Besides, caution before the expiry of November series contracts in the derivatives segment on Thursday had a bearing on mood.

Mumbai: The benchmark Sensex on Monday recorded its first drop in three sessions after fluctuations for better part of the session, falling over 49 points as caution prevailed ahead of derivatives expiry during a holiday-shortened week. Furthermore, a weak closing in Asia, subdued commodity prices on the back of a rising dollar and concerns over Chinese demand and a lower opening in European markets kept investors on edge.

After three consecutive weeks of downfall and a loss of nearly 7 per cent in this period, the domestic benchmark indices witnessed some buying at lower levels that helped BSE Sensex and NSE Nifty clock a gain of over 1 per cent during the week ended November 20. According to market experts, value buying at lower levels and upbeat global cues supported the market sentiment this week.

The BSE Sensex and NSE Nifty advanced 257.96 points and 94.30 points to 25,868.49 and 7,856.55, respectively, for the week ended November 20.

After a lower opening, markets have gained momentum led by buying in the technology stocks as rekindled hopes of an interest rate hike by the US Federal Reserve in the month of December is likely to result in strengthening of dollar.

From the IT space, Infosys, TCS, Wipro, Mindtree, Intellect Design Arena and Mastek have gained between 2-12%.

MUMBAI: The benchmark BSE sensex rebounded by over 184 points in early trade on Thursday following a flurry of buying by investors amid positive Asian cues.

A strong reading in the rupee, rising by over 20 paise against the dollar in early trade, also supported the gains.

Mumbai: Rising for the second day in a row, the benchmark BSE Sensex on Tuesday jumped over 104 points to 25,864.47, helped by value-buying in beaten-down stocks and a firm global trend after concerns about impact of Paris attacks receded.

Covering-up of short positions by speculators added to the gains, traders said. Sentiment took a turn for the better after Asian and European stocks rose across the board following a strong close on Wall Street overnight as investors covered up losses following last week’s deadly Paris terror attacks.

Markets have made a smart recovery from day’s low and are trading firm after the announcement of WPI numbers for the month of October which came in at -3.8%.

Further, buying demand among banks and capital goods has also helped the indices to maintain the trend.

The benchmark BSE Sensex fell by over 228 points and the NSE Nifty dipped below the crucial 7,800 mark in early trade on Friday as investors offloaded their positions on disappointing macro data and weak trend in Asian markets.

At 1015 hours was trading down 226.47 points, or 0.88% at 25,640.48.

Indian equity, forex, money and commodity markets will remain closed today on account of Diwali Balipratipada.

On Wednesday, special ‘Muhurat’ trading session was held for an hour to mark the beginning of Samvat 2072, the Hindu New Year.

Shares of refinery companies are under pressure with the S&P BSE Oil & Gas index falling nearly 4% in late noon trades.

Hindustan Petroleum Corporation Limited (HPCL), Oil & Natural Gas Corporation (ONGC) and Cairn India have plunged more than 5% each, while Indian Oil Corporation (IOC), Reliance Industries and Bharat Petroleum Corporation (BPCL) down 3%-4% on the BSE.

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