Market update 9th June 2020. Pharma stocks surge, Dr Reddy’s Labs and IndusInd Bank top gainers.

Overall performance:

Today, Indian indices ended on a low note as sale of stocks was seen majorly in Banking and Auto sector. While, market was in favour of Pharma stocks. When market closed, SENSEX was down by 413.89 points or 1.20%, closing at 33,956.69 and NIFTY was down by 120.80 points or 1.19%, closing at 10,046.65. Almost all sectors ended on a negative note expect for Pharma and Healthcare.

In Broader markets, The S&P BSE midcap index was down by 26.11 points or 0.21%, closing at 12,557.50 and S&P BSE Small cap decreased by 119.28 points or 1.00%, closing at 11,846.05. While, NIFTY Midcap 100 closed at 14,168.65 down by 54.00 points or 0.38% and NIFTY Small cap 100 closed at 4,414.15 increased by 63.55 points or 1.42%.

Global indices, commodites and currency:

When Indian market closed, almost all other major indices was trading at a lower note. SGX Nifty was down by 151.60 points or 1.45% and trading at 10,011.50. NASDAQ was trading at 9,924.75 up by 110.67 points or 1.13% and CAC was trading at 5,068.96, decreased by 106.56 points or 1.06%. While, DAX was trading at 12,551.87 down by 267.72 points or 2.09%.

Currently, Gold is trading at 46,450.00 up by 349.00 points and 0.76%. Silver is trading at 48,187.00 up by 2.00 points and 0.01% and Crude oil is trading at 2,817.00 which decreased by 65.00 points or 2.22%.

At the time of closing of Indian indices, USD was trading at Rs 75.61, increased by 0.09%. EURO was trading at Rs 85.23, up by 0.13% and GBP was trading at Rs 95.69, down by 0.22%.

Sector wise performance:

Among the sectors, major gain was seen in Pharma sector and losses was seen in IT, Auto, Metal, Energy, Banking and Financial sector. The S&P BSE Auto index decreased by 88.82 points, S&P BSE IT was down by 71.86 points or 0.48%. While, BSE BANKEX was down by 556.90 points or 2.30%. When market closed today, NIFTY FMCG increased by 22.75 points or 0.08%, closing at 29,524.90 and NIFTY Pharma increased by 182.95 points or 1.84%, closing at 10,122.05. While, NIFTY Bank fell by 462.45 points or 2.18% and closed at 20,724.90.

Top 5 gainers:

Most of the gainers were from Pharma sector but some Auto stocks also performed well. Today, Dr Reddys Labs increased by 156.20 points or 3.94%, closing at Rs 4,123.80 and IndusInd Bank gained 12.30 points or 2.72% and closed at Rs 463.90. Sun Pharma shares increased by 11.75 points or 2.40%, closing at Rs 500.75, Mahindra and Mahindra was up by 7.90 points or 1.68%, closing at Rs 478.75 and Bharti Infratel shares was up by 2.80 points or 1.22% and closed at Rs 233.

Top 5 losers:

Today, shares which declined most were from the Banking and IT sector. Wipro declined by 8.10 points or 3.58%, closing at Rs 218.35. GAIL shares declined by 3.48% or 3.65 points, closing at Rs 101.10, Tata Motors shares were decreased by 4.00 points or by 3.46%, closing at Rs 111.45. Share price of BPCL fell by 12.60 points or 3.20%, closing at Rs 381.50 and ICICI Bank declined by 11.25 points or 3.13%, closing at Rs 348.55.

Stock in news:

Stocks which were active by volume includes were Vodafone idea, SBI, BHEL, RBL Bank, Tata Motors, PNB, Trident, Tata Powers, ICICI Bank, Federal Bank, Ashok Leyland and IDFC First Bank. Today, even when market ended on lower note, some stocks from Auto and Pharma sector gained around 2 to 4 percent. Mahindra and Mahindra was in news as their share price increased by 7.90 points, closing at Rs 478.75. Sun Pharma gained 11.75 points and Dr Reddys Labs gained 156.20 points and touched 52 week high, closing at Rs 4,123.80. ICICI Bank was in news because their shares price decreased by 11.25 points and closed at Rs 348.55 and banking stocks such as Kotak Mahindra, Axis Bank and HDFC Bank also fell around 2 to 3 percent.

Market update 8th June 2020. Bank and IT sector help Indices to close with minor gains.

Market update 8th June 2020. Bank and IT sector help Indices to close with minor gains.

Overall performance:

Today, Indian indices witnessed a volatile trade but ended on a positive note majorly supported by IT, Bank, Metal, Energy and Infra sector stocks. When market closed, SENSEX increased by 83.34 points or 0.24%, closing at 34,370.58 and NIFTY was up by 25.30 points or 0.25%, closing at 10,167.50. The S&P BSE midcap index was up by 29.45 points or 0.23%, closing at 12,583.61. S&P BSE Small cap increased by 110.16 points or 0.93%, closing at 11,965.33. While, NIFTY Midcap 100 closed at 14,222.65 up by 64.60 points or 0.46% and NIFTY Small cap 100 closed at 4,477.70, increased by 54.60 points or 1.23%.

Global indices and commodities:

When Indian market closed, almost all the global indices were trading at a negative note. DAX was down by 70.18 points or 0.55% and trading at 12,777.50. SGX Nifty was trading at 10,163.00 down by 1.00 points or 0.01% and CAC was trading at 5,169.24 decreased by 0.55% or 28.55 points. While, NASDAQ was trading at 9,814.08 up by 198.27 points or 2.06%.

Currently, Gold is trading at 45,985.00 up by 274 points or 0.60%, Silver is trading at 48,189.00 up by 838.00 points and 1.77% and Crude oil is trading at 3,012.00 which is increased by 22 points or 0.74%.

Currency:

At the closing time of Indian indices, almost all the currencies were trading at a negative note. USD was trading at Rs 75.54, decreased by 0.06%. EURO was trading at Rs 85.20, down by 0.10% and GBP was trading at Rs 95.51, down by 0.29%.

Sector wise performance:

Among the sectors, major jump was seen in Banking, IT, Finance and Energy sector. The S&P BSE IT index increased by 246.33 points or 1.69% and S&P BSE BANKEX was up by 157.75 points or 0.66%. BSE Auto was down by 49.24 points or 0.33%. At closing, NIFTY BANK increased by 152.85 points or 0.73%, closing at 21,187.35 and NIFTY IT was up by 267.15 points or 1.83%. While, NIFTY FMCG decreased by 39.85 points or 0.13%, closing at 29,502.15 and NIFTY Auto fell by 18.20 points.

Top 5 gainers:

Share price of GAIL increased by 6.90 points or 7.05%, closing at Rs 104.75, IndusInd Bank gained 29.25 points or 6.93% and closed at Rs 451.60. BPCL shares increased by 24.50 points or 6.63%, closing at Rs 394.10. Axis Bank was up by 24.50 points or 6.63%, closing at Rs 430.25 and Bajaj Finance shares was increased by 116.90 points or 4.89% and closed at Rs 2,507.25.

Top 5 losers:

Today, Shares of Zee Entertainment declined by 9.15 points or 4.44%, closing at Rs 197.05. Shree Cements declined by 4.11% or 908.70 points, closing at Rs 21,180.90. Eicher Motors decreased by 600.50 points or by 3.43%, closing at Rs 16,894.85. Share price of Mahindra and Mahindra fell by 13.35 points or 2.76%, closing at Rs 470.85 and Bharti Infratel declined by 6.05 points or 2,43%, closing at Rs 230.20.

Stock in news:

Most active stocks in terms of volume were Vodafone idea, SBI, PNB, Tata Motors, Ashok Leyland, India Bulls Hsg, Bank of Baroda, NCC, SAIL, Axis Bank, RBL Bank and IDFC First Bank. AstraZeneca was in news after its parent company announced a plan for merger with Gilead Sciences and hit 52 week high, closing at Rs 3,363.70. Among all the sectors ,major gain was seen in Banking and Finance sector today.

Bajaj Finance was in news as their share Price gained more than 116 points and closed at Rs 2,507.25. Axis Bank and IndusInd Bank also gained around 6 to 7 percent. Other than these stocks, today GAIL gained more than 7 percent and closed at Rs 104.75. FMCG stocks were in news as today almost all the stocks ended on negative note. Nestle fell by 260.65 points and Britannia decreased by 39.90 points.

Weekly market update (1st June – 5th June).

Market update 5th June 2020. Market ends week in a positive way.

Overall performance:

Today, Indian indices ended on a positive note majorly supported by Banking, Auto, Metal and Infra sector stocks. When market closed, SENSEX increased by 306.54 points or 0.90%, closing at 34,287.24 and NIFTY was up by 113.05 points or 1.13%, closing at 10,142.15. Almost all the sectors ended on positive note expect FMCG. The S&P BSE midcap index was up by 220.87 points or 1.79%, closing at 12,554.16 and S&P BSE Small cap increased by 290.38 points or 2.51%, closing at 11,855.17. While, NIFTY Midcap 100 closed at 14,158.05 up by 245.25 points or 1.76% and NIFTY Small cap 100 closed at 4,423.10, increased by 144.55 points or 3.38%.

Global indices and commodities:

When Indian market closed, almost all the global indices were trading at a positive note. SGX Nifty was up by 123 points or 1.23% and trading at 10,147.50. NASDAQ was trading at 9,615.81 down by 67.10 points or 0.69% and CAC was trading at 5,109.45 increased by 1.94% or 97.47 points. While, DAX was trading at 12,616.18 up by 185.62 points or 1.49%.

Currently, Gold is trading at 46,285.00 down by 411 points and 0.91% and Silver is trading at 48,233.00 down by 578 points and 1.18%. Crude oil is trading at 2,897.00 which increased by 80 points or 2.84%.

Currency:

At the closing time of Indian indices, USD was trading at Rs 75.58, increased by 0.01%. EURO was trading at Rs 58, up by 0.07% and GBP was trading at Rs 95.44, up by 0.45%.

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, Metal and Energy sector. The S&P BSE Auto index increased by 261.22 points. S&P BSE BANKEX was up by 640.71 points or 2.73% while, BSE IT was down by 110.44 points or 0.75%. At closing, NIFTY BANK increased by 644.05 points or 3.16%, closing at 21,034.50 and NIFTY Auto was up by 117.40 points. While, NIFTY FMCG decreased by 79.55 points or 0.27%, closing at 29,542.

Top 5 gainers:

Share price of Tata Motors increased by 12.25 points or 12.44%, closing at Rs 110.75, Bharti Infratel gained 17.35 points or 7.93% and closed at Rs 236.25. Shares of State bank of India increased by 13.75 points or 7.90%, closing at Rs 187.80. Tata Steel was up by 19 points or 5.94%, closing at Rs 338.95 and Hindalco shares increased by 6.60 points or 4.63% and closed at Rs 149.25.

Top 5 losers:

Today, TCS Shares declined by 43.30 points or 2.07%, closing at Rs 2,048.25. HUL declined by 1.56% or 33.00 points, closing at Rs 2,087.60. Cipla decreased by 9.65 points or by 1.46%, closing at Rs 650.90. Share price of Bajaj Auto fell by 40.95 points or 1.45%, closing at Rs 2,776.30 and Infosys declined by 4.20 points or 0.59%, closing at Rs 703.55.

Stock in news:

Most active stocks in terms of volume were Vodafone idea, SBI, PNB, Tata Motors, Ashok Leyland, Tata Powers, Bank of Baroda, NCC, SAIL, Axis Bank, RBL Bank and IDFC First Bank. Among all the sectors, major gain was seen in Auto and Banking sector today. Tata Motors was in news as their share price gained more than 12 percent and closed at Rs 110.75. SBI also gained around 8 percent. Other than these stocks, Shree Cements gained 692.95 points and closed at Rs 22,089.60. FMCG stocks were in news as today almost all the stocks ended on negative note. Nestle fell by 99.75 points and HUL decreased by 33 points.

Market update 4th June 2020. Market declines marginally after six sessions of gains.

Market update 4th June 2020. Market declines marginally after six sessions of gains.

Overall performance:

Today, Indian indices ended on low note and broke the six consecutive days streak to close on a positive note. Mostly dragged by banking sector stocks like Bajaj Finance, IndusInd Bank, HDFC Bank and Kotak Mahindra Bank. When market closed, SENSEX was down by 128.84 points or 0.38%, closing at 33,980.70 and NIFTY was down by 32.40 points or 0.32%, closing at 10,029.10. All the sectors ended on positive note expect Banking and Finance.

The S&P BSE midcap index was down by 7.36 points or 0.06%, closing at 12,333.29 and S&P BSE Small cap decreased by 5.86 points or 0.05%, closing at 11,564.79. While, NIFTY Midcap 100 closed at 13,912.80 down by 11.50 points or 0.08% and NIFTY Small cap 100 closed at 4,278.55, increased by 0.40 points or 0.01%.

Global indices, Commodities and Currency:

When Indian market closed, almost all other major indices was trading at a low note. SGX Nifty was down by 65.50 points or 0.65% and trading at 10,024.50. NASDAQ was trading at 9,682.91 up by 74.53 points or 0.78% and CAC was trading at 4,999.41, decreased by 0.46% or 14.78 points. While, DAX was trading at 12,410.39 down by 76.97 points or 0.62%.

Currently, Gold is trading at 46,600 up by 501.00 points and 1.09%, Silver is trading at 48,568 up by 114 points and 0.24%. Crude oil is trading at 2,779.00 which is decreased by 1.00 points or 0.04%.

At the time of closing of Indian indices, USD was trading at Rs 75.58, increased by 0.15%. EURO was trading at Rs 84.58, down by 0.01% and GBP was trading at Rs 94.64, down by 0.07%.

Sector wise performance:

Among the sectors major gain was seen in FMCG, Auto, IT and Pharma sector and losses was seen in banking and financial sector. The S&P BSE Auto index increased by 30.37 points, S&P BSE IT was up by 267.66 points or 1.86%. While, BSE BANKEX was down by 651.32 points or 2.70%. When market closed today, NIFTY IT increased by 265.75 points or 1.85%, closing at 14,627.45 and NIFTY Pharma increased by 213.80 points or 2.17%, closing at 10,077.85. NIFTY Bank fell by 550.25 points or 2.63% and closed at 20,390.45.

Top 5 gainers:

Most of the gainers were from Pharma and IT sector. Today, Vedanta increased by 7.70 points or 7.96%, closing at Rs 104.40 and Tech Mahindra gained 28.85 points or 5.21% and closed at Rs 582.10. Zee Entertainment shares increased by 9.90 points or 5.60%, closing at Rs 205.60, Sun Pharma was up by 18.70 points or 3.93%, closing at Rs 494.85 and Bharti Airtel shares was up by 20.80 points or 3.77% and closed at Rs 572.45.

Top 5 losers:

Today, shares which declined most were from the Banking and Finance sector. Asian Paints declined by 82.80 points or 4.82%, closing at Rs 1,633.75. Bajaj Finance shares declined by 4.10% or 98.85 points, closing at Rs 2,313.05, IndusInd Bank shares decreased by 17.30 points or by 4.00%, closing at Rs 415.05. Share price of HDFC Bank fell by 71.35 points or 3.89%, closing at Rs 1,764.30 and Kotak Mahindra declined by 52.15 points or 3.71%, closing at Rs 1,334.40.

Stock in news:

Stocks which were active by volume includes were Vodafone idea, SBI, Tata Motors, PNB, Trident, Tata Powers, ICICI Bank, Federal Bank, Ashok Leyland and IDFC First Bank. Today, even when market ended on lower note some stocks from IT and Pharma sector gained around 4 to 6 percent. Tech Mahindra was in news as their shares price increased by 28.85 points closed at Rs 96.50. Sun Pharma gained 18.70 points and Cipla gained 19.35 points, closing at Rs 660.55. Asian Paints was in news because their shares price decreased by 82.80 points and closed at Rs 1,633.75 and banking stocks such as Kotak Mahindra, Axis Bank and HDFC Bank also fell around 3 to 5 percent.

Market update 3rd June 2020. Financials lead the way for another positive day for Indian market.

Market update 3rd June 2020. Financials lead the way for another positive day for Indian market.

Overall performance:

Indian stock market continued to gain for the sixth straight day, while today major gain was seen in Bank, Auto, Pharma and FMCG sector. When market closed, SENSEX increased by 284.01 points or 0.84%, closing at 34,109.54 and NIFTY was up by 82.40 points or 0.83%, closing at 10,061.50 and almost all the sectors ended on positive note expect IT. The S&P BSE midcap index was up by 37.96 points or 0.31%, closing at 12,340.65 and S&P BSE Small cap increased by 142.24 points or 2.07%, closing at 11,570.65. While, NIFTY Midcap 100 closed at 13,924.30 up by 53.90 points or 0.39% and NIFTY Small cap 100 closed at 4,278.15, increased by 49.70 points or 1.17%.

Global indices and commodities:

When Indian market closed, all the global indices were trading at a positive note. SGX Nifty was up by 111 points or 1.11% and trading at 10,090.00. NASDAQ was trading at 9,608.38 up by 56.33 points or 0.59% and CAC was trading at 4,962.37 increased by 2.13% or 103.40 points. While, DAX was trading at 12,314.46 up by 293.18 points or 2.44%.

Currently, Gold is trading at 46,650.00 down by 146 points and 0.31%. Silver is trading at 49,150.00 up by 70.00 points and 0.14% and Crude oil is trading at 2,786.00 which is increased by 40 points or 1.46%.

Currency:

At the time of closing of Indian indices, USD was trading at Rs 75.46, increased by 0.13%. EURO was trading at Rs 84.51, up by 0.78% and GBP was trading at Rs 94.91, up by 0.72%.

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, and FMCG sector. The S&P BSE Auto index increased by 50.02 points, S&P BSE BANKEX was up by 488.75 points or 2.07% while, BSE IT was down by 61.51 points or 0.42%. At closing, NIFTY BANK increased by 410.50 points or 2.00%, closing at 20,940.70 and NIFTY Auto was up by 27.35 points. While, NIFTY IT decreased by 60.70 points or 0.42%, closing at 14,361.70.

Top 5 gainers:

Share price of Mahindra and Mahindra increased by 22.25 points or 4.81%, closing at Rs 485.10, Kotak Mahindra gained 43.65 points or 3.25% and closed at Rs 1,386.55. Shares of Bajaj Finance increased by 65.70 points or 2.80%, closing at Rs 2,411.90. SBI was up by 4.65 points or 2.73%, closing at Rs 174.90 and ICICI Bank shares was increased by 8.45 points or 2.43% and closed at Rs 356.85.

Top 5 losers:

Today, NTPC declined by 2.05 points or 2.12%, closing at Rs 94.70. Wipro shares declined by 2.08% or 4.50 points, closing at Rs 211.35. Bharti Infratel decreased by 4.25 points or by 1.09%, closing at Rs 219.00. Share price of Zee Entertainment fell by 3.25 points or 1.63%, closing at Rs 195.70 and UPL declined by 5.60 points or 1.32%, closing at Rs 419.10.

Stock in news:

Most active stocks in terms of volume were Vodafone idea, SBI, Tata Powers, PNB, Tata Motors, South Ind Bk, Adani Powers, Bank of Baroda, Axis Bank, RBL Bank and IDFC First Bank. Among all the sectors, major gain was seen in Auto sector today, stocks like Tata Motors, Mahindra and Mahindra, Tata Motors DVR, and Escorts gained around 2 percent to 5 percent and Mahindra and Mahindra was one of major gainer of the day, increased by 22.25 points and closed at Rs 485.10. While, almost all stocks in IT sector declined which includes Infosys, Wipro, Tata Elxsi and Hex aware Tech.

Market update 2nd June 2020. Indian Market witness gains for 5th successive session.

Market update 2nd June 2020. Indian Market witness gains for 5th successive session.

Overall performance:

Indian indices ended positive for the fifth consecutive day, mainly due to the slow restart of business activities post lock down as government has given permission with certain regulations. Today SENSEX gained more than 500 points while, NIFTY was close to touch the 10,000 mark. When market closed, SENSEX was up by 522.01 points or 1.57%, closing at 33,825.53 and NIFTY was up by 152.95 points or 1.56%, closing at 9,979.10. All the sectors ended on positive note expect FMCG.

The S&P BSE midcap index was up by 145.29 points or 1.20%, closing at 12,302.69 and S&P BSE Small cap increased by 205.65 points or 1.83%, closing at 11,428.41. While, NIFTY Midcap 100 closed at 13,870.40 up by 185.75 points or 1.36% and NIFTY Small cap 100 closed at 4,228.65, increased by 97.55 points or 2.36%.

Global indices, Commodities and Currency:

When Indian market closed, all major indices was trading at a positive note. SGX Nifty was up by 145 points or 1.45% and trading at 9,979.00, NASDAQ was trading at 9,552.05 up by 62.18 points or 0.66% and CAC was trading at 4,865.22, increased by 2.15% or 102.44 points. While, DAX was trading at 12,050.82 up by 463.97 points or 4.00%.

Currently, Gold is trading at 46,975.00 down by 108 points and 0.23%, Silver is trading at 50,374 down by 108 points and 0.47%. Crude oil is trading at 2,745.00 which increased by 76 points or 2.85%.

At the time of closing of Indian indices, USD was trading at Rs 75.36, down by 0.18%. EURO was trading at Rs 83.88, down by 0.22% and GBP was trading at Rs 94.37, up by 0.06%.

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, IT and Pharma sector. The S&P BSE Auto index increased by 123.78 points, S&P BSE Health care was up by 106.43 points or 0.68% and BSE BANKEX was gained 743.05 points or 3.25%. When market closed today, NIFTY BANK increased by 570.30 points or 2.86%, closing at 20,530.20 and NIFTY IT increased by 115.30 points or 0.81%, closing at 14,422.40. While, NIFTY FMCG fell by 211.45 points.

Top 5 gainers:

For the second consecutive day, shares of Bajaj Finserv and Bajaj Finance hiked. Today, Bajaj Finserv increased by 421.50 points or 8.85%, closing at Rs 5184.70 and Bajaj Finance gained 185.35 points or 8.58% and closed at Rs 2,346.20. Tata Motor’s shares increased by 6.95 points or 7.76%, closing at Rs 96.50, Kotak Mahindra was up by 94.50 points or 7.57%, closing at Rs 1,342.90 and Zee Entertainment shares was up by 13.05 points or 7.02% and closed at Rs 198.95.

Top 5 losers:

Today, shares which declined most were from the FMCG and Pharma sector. Coal India declined by 5.15 points or 3.47%, closing at Rs 143.40. Maruti Suzuki shares declined by 1.79% or 103.50 points, closing at Rs 5,690.10. ITC shares decreased by 3.30 points or by 1.65%, closing at Rs 197.25. Share price of Dr Reddy’s Labs fell by 58.25 points or 1.47%, closing at Rs 3,895.30 and BPCL declined by 4.70 points or 1.36%, closing at Rs 341.60.

Stock in news:

Stocks which were active by volume includes Vodafone idea, SBI, Tata Motors, Mother Son Sumi, NCC, Tata Powers, ICICI Bank, Federal Bank, Ashok Leyland and IDFC First Bank. Today, Tata Motors was in news as their shares price increased around 8%, after they resumed operations at all the plants including Jamshedpur Plant which recently got approval to start operations and its share price closed at Rs 96.50. Kotak Mahindra was also in news after MD of the company decided to sell stake in private sector lender to settle agreement with RBI. Today, their shares gained around 8% and closed at Rs 1,342.50.

Market update 1st June 2020. Indian indices continue their positive streak.

Market update 1st June 2020. Indian indices continue their positive streak.

Overall performance:

For the 4th consecutive session, Indian indices ended on a higher note, as government has relaxed certain lock down norms and is ready to start some operations in specific areas (with certain regulations) to revive the economy. When market closed, SENSEX increased by 879.42 points or 2.71%, closing at 33,303.52 and NIFTY was up by 245.85 points or 2.57%, closing at 9,826.15. All the sectors ended on positive note. The S&P BSE midcap index was up by 314.18 points or 2.65%, closing at 12,157.40 and S&P BSE Small cap increased by 330.16 points or 3.03%, closing at 11,222.76 While, NIFTY Midcap 100 closed at 13,684.65 up by 411.65 points or 3.10% and NIFTY Small cap 100 closed at 4,131.10, increased by 128.30 points or 3.21%.

Global indices, Commodities and Currency:

When Indian market closed, SGX Nifty was up by 320 points or 3.36% and trading at 9,834.00, NASDAQ was trading at 9,489.87 up by 320 points or 3.36% and CAC was trading at 4,753.87, increased by 1.24% or 58.43 points. While, DAX was trading at 11,586.85 down by 194.28 points or 1.65%.

Currently, Gold is trading at 46,774.00 up by 120 points and 0.26% and Silver is trading at 50,298 up by 180 points and 0.36%. Crude oil is trading at 2,667.00 which is increased by 100 points or 3.90%.

At the time of closing of Indian indices, USD was trading at Rs 75.54, down by 0.10%. EURO was trading at Rs 83.90, down by 0.03% and GBP was trading at Rs 93.51, up by 0.29%.

Sector wise performance:

Among the sectors, major jump was seen in Banking, Auto, IT and FMCG sector. The S&P BSE Auto index increased by 450.39 points, S&P BSE Energy was up by 148.52 points or 3.21% and BSE BANKEX was up by 721.13 points or 3.26%. At closing, NIFTY BANK increased by 662.65 points or 3.43%, closing at 19,959.90 while, NIFTY IT increased by 296.60 points or 2.12%, closing at 14,307.10.

Top 5 gainers:

Share price of Bajaj Finance increased by 207.20 points or 10.61%, closing at Rs 2160.85, Bajaj Finserv gained 358.30 points or 8.13% and closed at Rs 4,763.20, shares of Titan Company increased by 68.90 points or 7.74%, closing at Rs 958.90. Tata Steel was up by 20 points or 6.78%, closing at Rs 315.20 and Mahindra and Mahindra shares was up by 24.75 points or 5.67% and closed at Rs 461.10.

Top 5 losers:

Today, shares which declined the most are from the Pharma sector. Dr Reddys Labs declined by 117.70 points or 2.89%, closing at Rs 3,953.55. Bharti Infratel shares declined by 2.48% or 5.70 points, closing at Rs 224.25. Ultra Tech Cement decreased by 89.15 points or by 2.28%, closing at Rs 3,815.70. Share price of Nestle fell by 357.35 points or 2.04%, closing at Rs 17,183.45 and Sun Pharma declined by 8.85 points or 1.87%, closing at Rs 465.40.

Stock in news:

Many stocks today locked in the upper circuit which includes shoppers shop, IDBI Bank, Canara Bank, HEG, Adani Green Energy and KEI industries. Bajaj Finance and Bajaj Finserv were in news as share price of their company increased by 10.61 percent and 8.13 percent, closing at Rs 2160.85 and Rs 4,763.20 respectively. Also, Titan Company gained today more than 68 points, closing at Rs 958.90. While, major decline was seen in stocks such as Dr Reddy Labs and Ultra Tech cement. Other than these stocks, most active stocks in terms of volume were Vodafone idea, SBI, Tata Powers, PNB, NCC, Adani Powers, Bank of Baroda, Axis Bank, Ashok Leyland and IDFC First Bank.

Trends transforming the automotive industry.