Nifty ends at 8421, Sensex flat; Bajaj Auto up 7%, ITC weak

Equity trading tips: Nifty ends at 8421, Sensex flat; Bajaj Auto up 7%, ITC weak

Bajaj Auto Q4 net falls 18.5% on weak volume; expenses hurt

SBI Q4 net seen up 14%; NII growth, slippages eyed: Poll

Strides Arcolab to buy Aspen's generic biz in Australia

Tata Steel tanks 5% on dismal Q4 nos; analyst cut target

M&M to buy stake in Mitsubishi Heavy's farm machinery unit

The market ended on a tepid note. The Sensex ended down 27.86 points or at 27809.35 and the Nifty slipped 2.25 points at 8421.00. About 1180 shares advanced, 1513 shares declined and 182 shares were unchanged.

Tata Steel ended with 5 percent loss. Vedanta fell 3 percent while Cipla, ICICI Bank and ITC were major laggards. Bajaj Auto was up 7 percent while Coal India, Axis Bank, L&T and HUL were gainers.

The stock markets have entered a consolidation mode, keenly awaiting the June 2 monetary policy review by the RBI, which is widely expected to ease lending rates in the backdrop of weak factory output growth and a benign inflation scenario. The benchmark indices opened the session with gains, but slipped into the red soon after as FMCG, metals, oil and gas sector shares came under selling pressure.

They traded in a very narrow range throughout the session, with the broader Nifty cutting losses to claw its way back past the crucial 8400 levels.

Forecasts of a timely monsoon have also strengthened hopes that the central bank would cut rate on June 2 to spur investment and consumption.

Sensex closes 192 pts up, Nifty above 8,400 mark

Equity trading tips: Sensex closes 192 pts up, Nifty above 8,400 mark

Rupee hits day's low of 63.87 against US dollar

Bharat Forge takes sudden plunge post Q4 show

Nikkei back to 15-year highs, above 20100 level

Libor rigging: UBS to settle probe, pay $545 mn

Gold slides to 1-week low | Brent crude @ $64

Value buying by investors and foreign funds, who had been selling Indian equities over the past several sessions, helped the markets close with handsome gains. After days of extreme volatility, markets finally appear to be consolidating.

Markets now await the monetary policy review of the RBI, which meets on June 2, for a definitive directional cue. The central bank is widely anticipated to ease rates on the back of weaker industrial output growth and benign inflation scenario.

The broader Nifty, too, gained over 70 points, but the key indices pared some gains as the trading session progressed. The gains were mostly led by technology and banking shares.

Sensex @ 27,837.21, up 191.68 points. Nifty @ 8,423.25, up 57.60 points.

BUZZING STOCKS:

 Man Infra spiked nearly 4% after reports it may sell stake in realty project to Dilip Shanghvi.

Nifty ends day in red after reclaiming 8,400 in intraday deals

Equity trading tips: Nifty ends day in red after reclaiming 8,400 in intraday deals

Tata Power Q4 net seen at Rs 91 cr led by Mundra 13

See double-digit growth in infra sector ahead: CMIE

Colgate Palmolive Q4 net up 23.7% at Rs 163.6 cr 5

Exiting wind biz to focus on other projs: Techno Electric

Vodafone returns to quarterly sales growth

Indian markets ended the day in the red after flip-flopping between red and green zones through the day in an about 100-point range. The broader 50-share Nifty reclaimed 8,400 for the first time since April 24 in intraday trade, but ended the day below that psychological mark.

Sensex @ 27,645.53; down 41.77 points.

Nifty @ 8,365.65; down 8.00 points.

BUZZING STOCKS

HOEL rallies over 9% intraday as Oil Ministry and DGHC approve commerciality of Dirok block in Assam

NBCC gains over 5% intraday after the company undertook the task of developing four Waqf Board properties as institutional and commercial projects, with an estimated cost of Rs 398 cr

Premier Explosives surges over 5% intraday as the company has received Industrial Licenses from the DIPP for manufacturing of certain ammunition.

Sensex gains 363pts, Nifty ends above 8350; DRL, HDFC surge

Equity trading tips: Sensex gains 363pts, Nifty ends above 8350; DRL, HDFC surge

Asian Paints Q4 lower than estimates, net up 19% at Rs 341 cr

NSE to auction government debt worth Rs 2,684 crore today

Tata Coffee surges 11%, Q4 net jumps 2-fold on sales growth

FPIs pull out Rs 17,000-crore in two weeks on MAT worries

EPC contribution to revenue at Rs 40-50 cr: Gammon Infra

The Indian markets saw heavy buying towards the end of the trade, ending the day with second consecutive session of gains. Blue-chips rose after forecast of a timely monsoon raised hopes that the Reserve Bank would lower interest rates in June.

The volatility index (VIX) ended the day @ 17.90. The index slumped over 15% in intraday trade to hit a low of 16.77.

On May 13, India VIX rose as high as 21.4, its highest since February 25 with no major event in sight.

Last time VIX came closer to 21 was ahead of last Budget. It rose to 39.3 in May 2014 ahead of Modi's landslide election win.

Sensex @ 27,687; up 363 points.

Nifty @ 8,373; up 111 points.

Petrol price hiked by Rs 3.13 a litre, diesel Rs 2.71/L

Equity trading tips: Petrol price hiked by Rs 3.13 a litre, diesel Rs 2.71/L

India ready to enter into bilateral pact with Swiss after

Former employee sues Wipro in US on wage issues

India, China sign 24 key agreements

Indian economy to grow at 8.1% in 2015-16: UN report 5

JSW Steel Q4 misses estimates, net tanks 87% at Rs 62 cr

The uptrend is very sluggish. it lacks some strength. Furthermore if you look at the options data — the way put options positions are shaping up — there is no aggressive writing or put options happening. Hence, though the drift is on the upside with the slow movement, we should be good to keep a tighter stop loss in this kind of a scenario.

Therefore, 8,220 on Nifty would be the level, which I would watch out for. In case, Nifty gets past 8,340-8,325 then you might see momentum coming.

But for the time being, it is not a very convincing. We are having long bias on stock-specific calls, but in the next one-two days, it will be wise to exit longs on Nifty in case the index starts breaking below 8,200-8,220. Look at more of shorting opportunities. For the time being to me, it still appears the market which might trade in a range between 8,100 and 8,350.

Equity trading tips: Nifty ends above 8200 amid pressure

Equity trading tips: Nifty ends above 8200 amid pressure; Hindalco, SBI gain 3%

Man Industries soars 15% on export orders worth Rs 510 cr

Tepid debut: UFO Moviez lists at Rs 600 on bourses

OBC Q4 net loss at Rs 178 cr, asset quality stable

Lupin falls 6%, analysts revise target post weak Q4 results

Bond-yield rise driven by lack of liquidity: ANZ Research

Trades in the stock markets were extremely volatile on Thursday, with the Sensex opening with gains of over 250 points, before slipping in the red. At one point, the Sensex plunged 300 points, but staged a recovery in the late session, as the wholesale price index for April came in at (-2.65 per cent) - a sixth straight month of decline - strengthening hopes of an interest rate cut by the RBI.

The WPI data came on the back of weak IIP and CPI inflation data.

The volatility in benchmark indices mirrored weakness in the European peers as investors remain edgy regarding the tightness in liquidity as bond prices are falling and, consequently, yields are rising.

The cloud over local equities linger on worries over disappointing quarterly results, controversial MAT levy and delay in passage of key bills like GST and land acquisition, besides, of course, the subdued monsoon forecast.

Sensex @ 27,206.06, down 45 points;

Nifty @ 8,224.2, down 11 points.

Sensex, Nifty end 1.3% higher; bank sparks, auto & infra up

Equity trading tips: Sensex, Nifty end 1.3% higher; bank sparks, auto & infra up

HSBC downgrades Indian equities to underweight

Lupin Q4 net slips 1% at Rs 547 cr, revenue flat

Hindalco slips 3% on arm Novelis weak Q4 nos; analysts wary

CCEA gives go ahead for 5% divestment in NTPC, 10% in IOC

Monsoon failure a risk, GDP to average 7.5%: Moody's

The market swayed in indecision on Wednesday, slipping in and out of the green during large parts of the trading session, before the benchmark Sensex made up its mind to sweep past the 27000 levels, with closing gains of over 373 points.

The markets, smarting from the recent persistent batterings, rose more than 1 per cent on Wednesday in a volatile session, led by gains in financial stocks after soft inflation and industrial output data fuelled hopes of an interest rate cut by the RBI.

The BSE Sensex had surged over 400 points in early trade, but gave up entire gains and slipped in the red after global investment bank HSBC downgraded Indian equities to "underweight" from overweight earlier on earnings growth concerns.

Markets @ close

Sensex 27,251.10, up 373.62 points

Nifty 8,235.45, up 108.50 points