Benchmark indices continued to gain in the after-noon trade tracking global markets cues on upbeat economic data and rise in oil prices as investors were optimistic ahead of corporate earnings and Union Budget 2017.

Sensex hit its highest in nearly two months, while the broader NSE Nifty hit a near one-month high in today’s session led by gains in metal, oil & gas, banking and auto sectors.

Mumbai: Market traded sideways and ended lower on Wednesday, hit by selling by foreign investors towards the close of the session amid a subdued trend in Europe.

The Sensex succumbed to the pressure, before ending down 10.11 points, or 0.04%, at 26,633.13. The gauge had gained 47.79 points in the previous session. NSE Nifty also closed in negative territory with a minuscule fall of 1.75 points, or 0.02%, at 8,190.50.

Markets regulator Securities and Exchange Board of India (Sebi) has given the BSE a go-ahead to launch its IPO, paving the way for Asia's largest bourse to list its shares on the National Stock Exchange. The stock exchange is looking to raise Rs 13,000 crore from the markets

The BSE had filed its Draft Red Herring Prospectus (DRHP) in September and has completed its road shows abroad for the IPO.

MUMBAI: Stock markets opened on a subdued note on the first trading day of 2017, with the benchmark BSE Sensex falling over 132 points in early trade on profit-booking after recent gains.

The 30-share index, which had gained 415.78 points in the previous two sessions, fell 132.37 points, or 0.50 per cent, to 26,494.09 in early trade on Monday.

Mumbai: Stocks signed off 2016 on a cheerful note, with the Sensex surging over 260 points on Friday to close at over a fresh two-week high of 26,626 on the final trading session of the year, amid positive Asian cues. The beginning of January 2017 series of futures and options made investors upbeat.

With the deadline for depositing banned notes ending today and ahead of the approaching Union budget, investors accelerated buying activity with hopes that the government might come up with a series of steps to boost the economy.

Stock market got off to a positive start in the final trading session of 2016, with the benchmark Sensex surging 211 points to 26,577 on widespread gains amid further strength in the rupee.

In addition, the beginning of January series in the futures and options (F&O) space accelerated buying by participants, which supported the upside.

Mumbai: A sudden spurt in buying at the fag end of the trading lifted markets higher on Thursday as the Sensex rebounded over 155 points to end at almost two-week high of 26,366 as December derivatives contracts expired amid recovery in the rupee.

The broader NSE Nifty,too, regained the key 8,100-mark. The rupee strengthened by 18 paise against the dollar at 68.06 (intra-day), which helped sentiment improve. Marked by volatility, the rally was supported by gains, mainly in consumer durables, oil and gas, metal, auto, power, IT and PSU stocks, which turned attractive at current levels after recent losses.

The Sensex wiped off all its gains on Wednesday to end in the red with a minuscule fall at 26,211 as cautious investors took profit at higher levels ahead of the monthly derivatives expiry amid a mixed trend overseas. Besides, the rupee depreciated 18 paise intra-day against the dollar, to 68.24, which had a negative impact too. But volumes were thin during the session as most foreign investors are away on a vacation in a year-end holiday season and other participants chose not to widen their bets.

The benchmark BSE Sensex firmed up further by 117 points in late morning trade on sustained buying in consumer durables, healthcare, IT, and energy stocks.

The Sensex opened higher at 25,815.43 and hovered in a range of 25,954.81 points to 25,803.19 points in morning trade. At 1145 hrs, the 30-share barometer was higher by 117 points, or 0.46%, at 25,924.80 points with 24 of the index constituents trading in the green.

The benchmark BSE Sensex dropped by 248 points in early trade on Monday due to profit booking by investors amid weak Asian cues.

Brokers said Prime Minister Narendra Modi favouring increasing tax contribution from various market participants in a “fair, efficient and transparent way”, too triggered selling in early trade.

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