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Tag: Bombay stock exchange

Markets log gains for 3rd day on buying in Reliance, Infosys

Posted on September 5, 2023 By admin
Markets log gains for 3rd day on buying in Reliance, Infosys

Equity benchmark indices Sensex and Nifty closed higher for the third straight day on Tuesday on gains in market heavyweights ITC, Reliance Industries and Infosys amid a bearish trend in global equities. Besides, robust domestic macroeconomic data added to the positive momentum, traders said. The BSE benchmark index climbed 152.12 points or 0.23% to settle…

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Business

Sensex, Nifty rise in early trade

Posted on September 1, 2023 By admin
Sensex, Nifty rise in early trade

Representational image only. | Photo Credit: Reuters Equity benchmark indices Sensex gained more than 140 points and Nifty rose 57 points in early trade on September 1 as investors seemed to be relatively cautious amid mixed global cues. Economic growth of 7.8% in the three months ended June, the highest in the past four quarters,…

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Business

Sensex falls 256 points due to selling in banking, FMCG shares on F&O expiry

Posted on August 31, 2023 By admin
Sensex falls 256 points due to selling in banking, FMCG shares on F&O expiry

Bombay Stock Exchange, Mumbai. File | Photo Credit: Arunangsu Roy Chowdhury Benchmark Sensex closed lower by around 256 points in a volatile trade on Thursday, snapping its three-day gaining streak due to selling in banking, FMCG and oil and gas shares amid weak Asian cues. The BSE barometer fell by 255.84 points or 0.39% to…

Read More “Sensex falls 256 points due to selling in banking, FMCG shares on F&O expiry” »

Business

Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns

Posted on August 25, 2023 By admin
Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns

Bombay Stock Exchange in Mumbai. File | Photo Credit: Vivek Bendre Benchmark Sensex declined by 365 points and Nifty settled below the 19,300 level in a volatile trade on Friday as financials, IT and oil shares took a hit amid concerns over potential rate hikes and weak trend in global markets. Falling for a second…

Read More “Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns” »

Business

Markets climb in early trade on firm global trends

Posted on August 22, 2023 By admin
Markets climb in early trade on firm global trends

Representational image only. | Photo Credit: Reuters Equity benchmark indices began the trade on an optimistic note on August 22, extending their previous day’s rally amid a firm trend in global markets. The 30-share BSE Sensex climbed 92.83 points to 65,308.92 in early trade. The NSE Nifty gained 35.5 points to 19,429.10. From the Sensex…

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Business

Markets snap 2-day winning run; Sensex slumps nearly 390 points on weak global cues

Posted on August 17, 2023 By admin
Markets snap 2-day winning run; Sensex slumps nearly 390 points on weak global cues

The bull statue at Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Snapping their two-day winning run, equity benchmarks Sensex and Nifty closed in the negative territory on Thursday, tracking losses in index majors Reliance Industries, ITC, and HDFC bank amid a weak trend in global markets. The 30-share BSE Sensex…

Read More “Markets snap 2-day winning run; Sensex slumps nearly 390 points on weak global cues” »

Business

Markets trade lower on weak global trends

Posted on August 17, 2023 By admin
Markets trade lower on weak global trends

Benchmark equity indices began the trade on a muted note on August 17 and fell further in line with weak trend in global markets. | Photo Credit: PTI Benchmark equity indices began the trade on a muted note on August 17 and fell further in line with weak trend in global markets. The 30-share BSE…

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Business

Stock markets decline for second day on losses in private banks, weak global trends

Posted on August 11, 2023 By admin
Stock markets decline for second day on losses in private banks, weak global trends

Benchmark equity indices Sensex and Nifty declined for a second straight day on Friday due to losses in HDFC Bank and ICICI Bank and a negative trend in Asian and European markets. The trend in the domestic market remained weak post the RBI monetary policy and the unexpected announcement of reducing cash in the banking…

Read More “Stock markets decline for second day on losses in private banks, weak global trends” »

Business

Markets fall post RBI monetary policy decision

Posted on August 10, 2023 By admin
Markets fall post RBI monetary policy decision

Benchmark equity indices declined on Thursday post the RBI monetary policy, dragged down by banking counters, after the unexpected announcement of reducing cash in the financial system. Investors also remained on the sidelines ahead of the U.S. inflation data announcement. The Reserve Bank of India (RBI) on Thursday left its key interest rates unchanged for…

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Business

Markets trade lower in early trade on August 8

Posted on August 8, 2023 By admin
Markets trade lower in early trade on August 8

Representational image only. | Photo Credit: Reuters Benchmark equity indices fell in early trade on August 8 despite a firm beginning as investors preferred to remain on the sidelines ahead of the key events — Reserve Bank of India (RBI’s) monetary policy and the U.S. inflation data — due later this week. Continuous foreign fund…

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