Sensex rises 327 points

Sensex rises 327 points: The S&P BSE Sensex rose 326.84 points (0.62 percent) to end at 53,234.77 and the Nifty 50 inched 83.30 points (0.53 percent) higher to settle at 15,835.35.

The topline equity indices on the BSE and National Stock Exchange (NSE) ended over 0.5 percent higher on Monday, July 4, 2022, led by gains in fast-moving consumer goods and banking stocks.

The S&P BSE Sensex rose 326.84 points (0.62 percent) to end at 53,234.77 and the Nifty 50 inched 83.30 points (0.53 percent) higher to settle at 15,835.35. Earlier in the day, both the indices had opened on a choppy note and traded in a narrow range through the bulk of the session but towards the last hour of trade, they extended their gains and ended higher.

Sensex rises 327 pts, Nifty ends above 15,800; banking, FMCG stocks lead gains

On the Sensex pack, Hindustan Unilever (HUL), IndusInd Bank, ITC, ICICI Bank, and Power Grid Corporation of India were the top gainers on Monday. In contrast, Tata Consultancy Services (TCS), Tata Steel, Mahindra & Mahindra (M&M), Dr. Reddy’s Laboratories, Tech Mahindra, and Wipro were the laggards.

Among the sectoral indices on NSE, the Nifty FMCG index was the top gainer on Monday rising 2.66 percent led by Godrej Consumer Products, HUL, and United Breweries. It was followed by the Nifty PSU Bank index 

Share Market update: Sensex rises 327 pts, Nifty above 15,800; HUL, IndusInd Bank top gainers

which climbed 1.66 percent aided by Central Bank, Indian Overseas Bank (IOB), and Punjab & Sind Bank. The Nifty Private Bank too rose 1.53 percent led by IDFC First Bank, IndusInd Bank, and ICICI Bank.

In the broader market, the S&P BSE MidCap index ended at 22,037.16, up 178.23 points (0.82 per cent) while the S&P BSE SmallCap settled at 24,954.54, up 146.80 points (0.59 per cent).

“Among sectors, Metals were the main loser while FMCG, banks, and capital goods indices rose the most. The advance-decline ratio was comfortably positive. Broad market indices i.e. Midcap and Small cap indices rose a little more than the Nifty. Shares were mixed in Asia on Monday. European equities advanced as bargain hunters stepped in after another week of declines, even as economic growth concerns continued to limit appetite for riskier assets. As expected, Nifty seems to have started its slow journey up. It can face resistance at 15,927 and then at 16,173. On falls, 15,662 remains support,” said Deepak Jasani, Head of Retail Research at HDFC Securities.

Share Market update: Sensex rises 327 pts, Nifty above 15,800; HUL, IndusInd Bank top gainers

Global market

Shares were mixed in Asia on Monday while US futures fell ahead of the July 4 holiday in the US. Benchmarks rose in Tokyo, Shanghai, and Sydney but fell in Hong Kong and Seoul.

Tokyo’s Nikkei 225 rose 0.6 percent to 26,106.29 on Monday while the Shanghai Composite index edged 0.1 percent higher, to 3,392.22. Australia’s S&P/ASX 200 climbed 1.2 percent to 6,616.30. Hong Kong’s Hang Seng index lost 0.6 percent to 21,726.39 and the Kospi in Seoul declined 0.6 percent to 2,292.07.

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Benchmark indices ended three sessions of a losing streak on Monday, tracking gains in global equity markets and buying in index majors ICICI Bank and Hindustan Unilever. Sensex gained 326.84 points to end at 53,234. Nifty closed 83.30 points higher at 15,835.35.

Hindustan Unilever, IndusInd Bank, ITC, ICICI Bank, Power Grid, and SBI were among the top Sensex gainers, rising to 4 percent.

TCS, Tata Steel, Mahindra & Mahindra, and Dr. Reddy were the top Sensex losers, falling up to 2.46 percent.

“As we step towards the new earnings season, the prime focus of the market will turn towards quarterly numbers and updated guidance for the new financial year,” said Vinod Nair, Head of Research at Geojit Financial Services.

Stock Market Highlights Today: Nifty50 stays in consolidation range; bias positive

BSE Midcap and Smallcap indices rose 178 and 143 points, respectively.

Banking stocks were the top sectoral gainers with their BSE index rising 415 pts to 39,041. BSE FMCG index too gained 350 points.

On the other hand, the BSE metal index was the top loser ending 232 points lower at 15,380.

Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas said, “Post a negative start on July 4, Nifty witnessed a brief consolidation in the range of Rs 15,650- Rs 15,800. Towards the end of the session, the bulls managed to cross the hurdle of 15,800. The hourly chart shows that the index is trading near a falling trendline beyond which the upside momentum will pick up further. Structurally, Nifty is inching towards 15,900-16,000 on the upside. The level of 16000, however, is a key barrier where the index can stumble again. On the other hand, 15,650 & 15,500 are the short-term supports to provide cushion on the downside.

Sensex closes 327 points higher at over 53,000, Nifty rises to 

https://www.hindustantimes.com › business › sensex-clo

9 hours ago — The BSE benchmark Sensex climbed 326.84 points on Monday, tracking gains in global equity markets and buying in index majors ICICI Bank and 

Stock Market: Sensex Snaps 3-Day Losing Run, Rises 327 

https://news.abplive.com › Business

7 hours ago — The 30-share BSE Sensex rose 327 points (0.62 per cent) lower to close at 53,235, while the broader NSE Nifty moved 83 points (0.53 per 

Latest News, Photos and Videos on Sensex Rises 327 Points

https://news.abplive.com › Topic

7 hours ago — SENSEX RISES 327 POINTS · Stock Market: Sensex Snaps 3-Day Losing Run, Rises 327 Points, Nifty Ends Above 15,800; Consumer Stocks Lead · Trending Topics.

Sensex Climbs 327 Points On Firm Global Market Trends

https://www.outlookindia.com › Busines

7 hours ago — The BSE benchmark Sensex climbed 326.84 points on Monday, tracking gains in global equity markets and buying in index majors ICICI Bank and

Stock Market Highlights: Sensex Ends 327 Pts Higher And …

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4 hours ago — Broader markets mirrored the gains in headline indices, with the Nifty Midcap 100 and the Nifty Smallcap 100 rising 0.7 percent and 0.6 percent

Sensex erases gains after rising 327 points early

https://www.thehindubusinessline.com › article65459269

25-May-2022 — Equity benchmark indices bounced back on Wednesday after declining for two days, with the Sensex climbing 327 points in early trade,

ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800

https://www.business-standard.com › Markets › News

8 hours ago — Led by FMCG and financials, the BSE Sensex gained 327 points, or 0.72 per cent, to settle at 53,235. The NSE Nifty50, on the other hand

Stock Market Today: Sensex rises 327 points, Nifty settles at 

https://indianexpress.com › Business › Market

8 hours ago — The S&P BSE Sensex rose 326.84 points (0.62 per cent) to end at 53,234.77 and the Nifty 50 inched 83.30 points (0.53 per cent) higher to settle

Sensex rises 327 pts, Nifty ends above 15800 – Business Today

https://www.businesstoday.in › MARKETS › Stocks

7 hours ago — Sensex gained 326.84 points to end at 53234 and Nifty closed 83.30 points higher at 15835.

Share Market update: Sensex rises 327 pts, Nifty above 

https://www.businesstoday.in › MARKETS › Stocks

15 hours ago — Sensex rises 327 points to 53234 and Nifty ends 83 points higher at 15835. On Friday, Sensex fell 111 points at 52908 and Nifty closed 28 

Sensex rises 100 points, Nifty nears 15,800 – TechStory

https://techstory.in › sensex-rises-100-points-nifty-nears

3 hours ago — Sensex rises 100 points, Nifty nears 15,800. Sensex gains 327 points on firm global markets and buying in index majors.

Sensex में 327 अंक की तूफानी तेजी, LIC ने भरी उड़ान

https://hindi.goodreturns.in › news › stocks

8 hours ago — On 4 July 2022, the Sensex closed with a gain of 327 points and the Nifty up 83 points.

Hindustan Times on Twitter: “Sensex closes 327 points higher 

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8 hours ago — Sensex closes 327 points higher at over 53,000, Nifty rises to end at nearly 16,000. 10:09 AM · Jul 4, 2022·TweetDeck.

Sensex rises 327 points on strong global trends, Nifty closes 

https://eng.bharattimes.co.in › General News

8 hours ago — The BSE benchmark Sensex climbed 326.84 points on Monday, tracking gains in global equity markets and buying in major indices ICICI Bank and 

Sensex, Nifty Snap 3-Day Losing Run As Consumer, Bank 

https://www.ndtv.com › Business › Market

9 hours ago — The 30-share BSE Sensex rose 327 points or 0.62 per cent lower to close at 53,235 today, while the broader NSE Nifty moved 83 points or 0.53

 

 

 

 

 

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