Benchmark indices BSE Sensex and NSE Nifty extended their rally in the holiday-truncated week with gains of over 0.50 per cent as market sentiment remained bullish after slower than expected US jobs data in August dimmed hopes of interest rate hike by the US Federal Reserve this month. For the week ended September 9, the 30-share index advanced 265.14 points, or 0.93 per cent to 28,797.25 from 28,532.11 on September 2.

A rangebound movement was witnessed as key benchmark indices languished in negative zone in morning trade. At 11:10 AM, the barometer index, the S&P BSE Sensex, was up 40 points at 28,967. The Nifty 50 index was currently up 9 points at 8,926.

The Sensex fell 71.80 points or 0.25% at the day's low of 28,854.56 at onset of the trading session, its lowest level since 6 September 2016. The barometer index rose 27.27 points or 0.09% at the day's high of 28,953.63 in early trade. The Nifty lost 21.95 points or 0.25% at the day's low of 8,896 at onset of the trading session, its lowest level since 6 September 2016.

Mumbai: The CNX Nifty hit the 8,900 mark for the first time in 18 months led by gains in auto and banking stocks after weaker-than-expected US non-payroll data reduced investor fears of a Federal Reserve rate hike in the near term. Continuous inflow from foreign and domestic institutional investors also helped.

In intra-day trading, Nifty touched a high of 8,905.10, a level last seen on 5 March 2015, and gained as much as 1.08% from its previous close. India’s benchmark Sensex index touched a high of 28,843.48, a level last seen on 16 April 2015, and gained as much as 1.1%. Both indices gained in five out of the last six trading sessions.

Bengaluru: Shares closed higher on Friday, with the benchmark BSE Sensex recording its biggest weekly gain in nine weeks, as strong August sales data of companies such as Hero MotoCorp Ltd and Tata Motors Ltd lifted investor sentiments.

The NSE Nifty gained 2.36% in the week, its biggest gain in seven weeks, and closed up 0.4 percent at 8,809.65.

Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth over Rs 7,000 crore on September 6.

The auction will be conducted on NSE’s ‘e-bid’ platform from 1530 hours to 1730 hours, after the close of market hours.

MUMBAI: The benchmark BSE Sensex spurted over 66 points to 28,518.53 and NSE Nifty reclaimed the 8,800-mark in early trade on Thursday on continued buying by foreign funds and retail investors even as economic growth slowed to 7.1 per cent in the April-June quarter.

The 30-share index, which had gained 669.92 points in the previous three sessions, was up by 66.36 points, or 0.23 per cent, to 28,518.53 with the sectoral indices led by auto, FMCG and banking were trading in positive zone.

The benchmark Sensex surged nearly 420 points at the pre-close session on sustained buying by investors coupled with fresh round of buying by foreign as well as domestic financial institutions amid firm global cues.

Higher Asian cues and sustained FII buying also supported the market sentiment.

MUMBAI: The benchmark BSE Sensex recovered by nearly 85 points and the Nifty reclaimed 8,600-mark in early trade on Friday on fresh buying by investors as the September derivative contracts started on a solid note amid mixed Asian cues.

However, investors have been cautious for the past few sessions awaiting US Federal Reserve Chair Janet Yellen's speech on Friday that will give indication about the US rate hikes going ahead.

Markets finished the session on a marginally higher note amid choppy session as investors turned cautious ahead of August F&O expiry and signals on key policy rates from US Federal Reserve Chair Janet Yellen at a meeting scheduled this week.

The S&P BSE Sensex ended up 70 points at 28,060 and the Nifty50 rose 18 points to settle at 8,650. In the broader market, the BSE Midcap and Smallcap indices ended up nearly 1%, outperforming the benchmark indices.

The National Stock Exchange is following the steps of the BSE, and moving towards launching an IPO to list its shares.

In a press release from the stock exchange, the bourse said, that the NSE Board had held a meeting on August 22, to appoint investment bankers for its IPO.

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