INSUBCONTINENT EXCLUSIVE:
points - or 0.85 per cent - to 12,968.85 -- both all-time highs
Strong buying interest in IT, pharmaceutical and energy shares supported the markets, however selling pressure in select banking and
points - or 0.44 per cent - higher at 44,077.15 and the Nifty settled at 12,926.45, up 67.40 points - or 0.52 per cent - from its previous
The VIX is a volatility index, which guages the expectation of market volatility in the near term
A low VIX number is necessary for continuation of the ongoing momentum.European Markets Open Higher On Vaccine Hopes European stocks have
opened in the green on hopes that coronavirus vaccines will be available soon
Pfizer and BioNTech applied for emergency use authorization from the U.S
Food and Drug Administration, on Friday, for their coronavirus vaccines
The UK's FTSE index gained 0.5 per cent, while French CAC and German DAX added 1 per cent each in early trading.Market LIVE: IT, Pharma
Shares Support Markets; Select Financial Stocks Drop Strong buying interest in IT, pharmaceutical, energy, real estate and private bank
shares supported the markets
On the other hand, selling pressure in non-banking financial companies, led by the heavyweight HDFC, limited the upside.Market LIVE Updates:
Mid-cap, Small-cap Shares Support MarketsGains were broad-based with mid- and small-cap shares supporting the markets
The S-P BSE Midcap and Smallcap indices were last seen trading 1.17 per cent and 1.25 per cent higher having climbed up as much as 1.35 per
cent and 1.42 per cent respectively earlier on Monday.Sensex Gains Over 250 Points, Nifty Hovers Near 12,950The S-P BSE Sensex index bounced
back 399 points from an intraday low of 43,747.22 to trade at 44,438.99 in afternoon deals, , up 256.74 points or 0.59 per cent from its
The broader NSE Nifty 50 benchmark traded up 87.80 points or 0.68 per cent at 12,946.85.IndusInd Bank, Dr Reddy's Laboratories, GAIL,
Reliance Industries and ONGC topped the BSE charts, with gains of between 3 per cent and 5.6 per cent
All of the BSE's sectoral indices traded in the green, except the consumer goods index.Sensex Gains Over 100 Points, Nifty Holds 12,900At
1:03 pm, the Sensex traded 127.78 points - or 0.29 per cent - higher at 44,010.03, while the Nifty was up 46.80 points - or 0.36 per cent -
trading between 2.72 per cent and 4.54 per cent higher
On the other hand, HDFC, Titan, M-M, ICICI Bank and Bharti Airtel - down 1.28-3.90 per cent each - were the worst hit among 18 laggards in
the index."RBI Working Group Norms A Step In Right Direction""The recommendations are a step in the right direction and would help bring in
uniformity vis-a-vis licensing conditions for private banks
Suggestions like hiking the cap on promoters' stake from 15-26 per cent will help ensure that promoters remain committed to the welfare and
potential benefits of future licensing guidelines should be passed on to existing banks is a welcome step."A Reserve Bank of India working
group has recommended a series of changes that could transform the country's banking landscape by paving the way for large industrial
conglomerates to set up banks
The proposals could also allow large non-banking finance companies and niche payment banks to convert into lenders.In a report made public
on Friday, the committee recommended that banking regulations be amended to allow large industrial houses to act as so-called bank
promoters, meaning they could take a significant stake in a lender, something the central bank has strongly resisted in the past.Centre
of the current financial year ending in March 2021, mainly led by a fall in imports, the chief economic adviser at the ministry of finance
said on Monday.Reliance Industries Rises As Fair Trade Regulator Clears Future Group DealReliance Industries - India's most valuable public
company - advanced about 2 per cent after the Competition Commission its deal to buy Future Group's retail assets.Nifty IT Gains Nearly 2%
Infotech: 4.67%Coforge : 2.58%Mindtree: 2.29%Tech Mahindra: 2.04%TCS: 1.93%Infosys: 1.76%Naukri: 1.56%Wipro: 1.39%HCL Tech: 1.07%MPhasis:
SBI, HDFC Bank The Nifty Bank index - which tracks stocks of 12 major lenders in the country - slumped as much as 1.31 per cent, having
risen as much as 0.88 per cent earlier
PrabhakarMaharashtra could take a decision on a fresh lockdown within 8-10 days, the state's deputy chief minister reportedly said,
according to news agency Reuters, citing a possible risk from large social gatherings during the just concluded festive season."If there's a
lockdown, even in a small way, it cannot be a positive
India cannot afford more restrictions," said AK Prabhakar, head of research at IDBI Capital.India, the world's second worst-hit nation by
COVID-19, is likely to see its deepest economic contraction on record this fiscal year as businesses and incomes are hit by the
pandemic.Markets Turn Volatile Amid Selling Pressure In Financial Shares The markets reversed direction with the emergence of selling
16.25 points - or 0.13 per cent - at 12,842.80
Emergence of selling pressure in bank and financial services shares pushed the benchmark indices into negative territory.Bharti Infratel
Subdued After Completing Merger With Indus TowerBharti Infratel shares edged lower by 0.65 per cent to Rs 481.45 on the BSE after the
completion of its merger with Indus Towers to create a mega tower company
Vodafone Group will hold a 28.12 per cent stake in the merged entity, while the holding of Airtel Group will be about 36.7 per cent.BEML
additional 12 trainsets of six cars each (total 72 cars) to operate on line 2B and 7 of Mumbai metro project
The order is valued at Rs 501 crore, taking the total contract value to to Rs 4,318 crore.Reliance Industries Gains Over 2% After Gaining
CCI Approval For Future DealReliance Industries shares gained 2.3 per cent to Rs 1,943.10 after the Competition Commission of India (CCI)
trade regulator announced its decision in a tweet on Friday, with details likely to be made public later.Market LIVE Updates: Reliance
Industries, Infosys, TCS Top Boosts For SensexReliance Industries, Infosys, Tata Consultancy Services and Bajaj Finance were the biggest
the country - rose as much as 0.88 per cent to 29,492.30 at the strongest level recorded in morning deals, compared to its previous close of
29,236.00.Sensex Up Over 200 Points, Nifty Holds 12,900 At 9:27 am, the Sensex traded 210.83 points - or 0.48 per cent - higher at
Mahindra: -1.10%HDFC: -0.97%Asian Paints: -0.97%Coal India: -0.91%Bharti Airtel, M-M and HDFC were the worst hit among 14 losers in the
index.Sensex Hits Record High In Early Deals, Nifty Inches From All-Time HighThe S-P BSE Sensex index climbed up 388.9 points - or 0.89 per
cent - to touch an all-time high of 44,271.15 in early deals, The broader NSE Nifty 50 benchmark climbed to as high as 12,962.10, up 103.05
Nifty At 12,960 Amid Broad-Based GainsThe S-P BSE Sensex index opened 281.92 points - or 0.64 per cent - higher at 44,164.17 and the Nifty
started the day at 12,960.30, up 101.25 points - or 0.79 per cent - from its previous close
shares will be in focus in today's session, after the private sector telecom major said it would acquire a 5.2 per cent stake in solar power
company Avaada MHBuldhana for Rs 4.55 crore
Avaada MHBuldhana is a new company, developing a captive generating solar power plant in Maharashtra which will become operational by March
It is a subsidiary of Avaada Energy
(Read More On Stocks To Watch Today)Asian Stock Markets Edge Higher To Hit Record HighsEquity markets elsewhere in Asia moved higher with
MSCI's broadest index of Asia-Pacific shares outside Japan was last seen trading 0.38 per cent higher.Trading activity was thin in early
deals, with Japanese markets closed for a holiday
Japan's Nikkei futures added 0.16 per cent, and South Korea's Kospi was up 0.84 per cent.SGX Nifty Futures Touch 13,000 For First TimeThe
touch 13,000.50 at the strongest level recorded ahead of the opening of Indian markets
CuesDomestic share markets are set to start the week on a positive note, after closing near record highs in the previous session, as hopes
morning amid coronavirus vaccines hopes, but worries over the impact of economic lockdowns and uncertainty over US stimulus capped gains.
