Sensex Today – Why is Sensex up today?: Stock Market Live Updates: Sensex soars …

Nifty Bank gains 2%, led by HDFC Bank, ICICI Bank, Axis Bank

Price as on 08 Feb, 2021 10:32 AM, Click on company names for their live prices.

Banking, financial services, energy shares push markets higher

Volatility gauge India Vix climbs 2.6% to 24.03

M&M surges 10%, pushes Nifty Auto up 3%

OPENING BELL: Sensex climbs over 500 points to hit fresh high of 51,280; Nifty above 15,050

Pre-open session: Sensex rises 385 points, Nifty nears 15,100

SGX Nifty signals gap-up start

Nifty futures on the Singapore Exchange traded 95 points, or 0.64 per cent, higher at 15,037.50 in signs that Dalal Street was headed for a gap-up start on Monday.

Tech View: Nifty forms Doji candle

Nifty50 climbed over 9 per cent during the week gone by, but signs of fatigue were visible, especially on the daily charts where the index formed an indecisive candle on Friday. If Nifty closes below 14,864 level on Monday, the weakness shall be confirmed, and upsides, if any, may remain capped, analysts said.

Brent nears $60 a barrel on supply cuts

Oil prices rose on Monday, with Brent futures nearing $60 a barrel, boosted by supply cuts among key producers and hopes for further US economic stimulus measures to boost demand. Brent crude for April touched a high of $59.95 a barrel and was at $59.85, up 51 cents, or 0.9 per cent. Front-month prices last hit $60 on February 20, 2020.

Asian shares near all-time peak

Asian shares hovered near record highs on Monday on hopes a $1.9 trillion Covid-19 aid package will be passed by US lawmakers as soon as this month just as coronavirus vaccines are being rolled out globally. MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.2 per cent at 717.2, not far from last week’s record high of 730.6. Japan’s Nikkei climbed 0.3 per cent while Australian shares advanced 0.5 per cent. E-mini futures for the S&P 500 rose 0.3 per cent.

Q3 results today

BPCL, Godrej Consumer, Torrent Pharma, Balkrishna Industries, NMDC, Sun TV, Aditya Birla Fashion, AstraZeneca Pharma and Redington India are among companies which will announce their December quarter results on Monday.

FIIs buy Rs 1,462 crore worth stocks

Net-net, foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 1,461.71 crore, data available with NSE suggested. DIIs were net sellers to the tune of Rs 1,418.65 crore, data suggests.

US stocks settled higher on Friday

Wall Street stocks scaled new heights Friday as a lackluster US jobs report was seen as bolstering the case for US President Joe Biden’s $1.9-trillion stimulus plan.The Dow Jones Industrial Average index rose 0.3 per cent to close at 31,148.24. The S&P500 index added 0.4 per cent to 3,886.83. The Nasdaq Composite index advanced 0.6 per cent to 13,856.30.

Rupee rises 3 paise to 72.93 post RBI rate decision

The rupee gained 3 paise to settle at 72.93…