India Markets Tuesday Wrap-Up: Late Surge Bolsters Indices

By Equitymaster: At the end of what was a rather volatile trading session, the Indian equity markets closed marginally above the dotted line. The indices began on a positive note.

Equitymaster submits: Indian indices had a largely volatile trading session today as they oscillated to either side of yesterday’s close. While the morning session saw the indices trading above the dotted line, in the afternoon session the indices were pushed into the red. However, buying activity intensified in the later hours as a result of which markets closed well into the positive.

By Equitymaster: Indian equity markets had a rather volatile trading session today. The indices began on a weak note and languished in the red throughout the morning session. Buying activity did pick up post noon and pushed the indices into the green. However, this was brief as profit booking at higher levels once again took toll. There was no respite in the final trading hour either and the indices closed below the dotted line.

By Equitymaster: Indian stock markets languished in the red for the larger part of the trading session today on the back of relentless selling pressure across index heavyweights. However, the afternoon session saw buying activity picking pace. Sustained buying in the later hours ensured a positive close for the indices. While the BSE-Sensex closed higher by around 82 points (up 0.5%), the NSE-Nifty closed higher by around 27 points (up 0.5%).

By Equitymaster: Indian stock markets had a volatile session today on account of apprehension about poll results in few states. Indices opened in the red. However they moved higher mid-session. But, towards the close of today's session, the indices lost momentum and closed in the red due to profit booking in index heavyweights. High crude prices, with brent crude at US$ 123.9 a barrel, also left a bad taste in investor's mouths.

Equitymaster submits: Although in the positive, the Indian indices remained range bound for the larger part of the trading session today. However, buying activity intensified in the final hours and helped the indices to close well above the dotted line. While the BSE Sensex closed higher by around 235 points (up 1.3%), the NSE Nifty gained around 69 points (up 1.3%). The BSE Midcap and the BSE Smallcap also did well to notch gains of 2% each. Gains were largely seen in metals, IT and oil & gas stocks.

By Equitymaster: The Indian stock market traded in the positive throughout Friday's trading session, although alternate bouts of buying and selling restricted them within a range. Some profit booking was witnessed in the final hours, but the indices managed to close above the dotted line.

Equitymaster submits: The Indian stock market began the day's proceedings on a strong note before profit booking at higher levels erased some gains. However, the markets managed to trade above the dotted line throughout the trading session, although trading remained range bound from the afternoon session onwards including the final hour. While the BSE-Sensex closed higher by around 52 points (up 0.3%), the NSE-Nifty closed higher by around 23 points (up 0.4%).