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The announcement of a hike in securities transaction tax and short term capital gains tax in the Budget for 2024-25, impacted markets’ sentiment negatively during the initial trade on July 25, 2024. Equity market benchmark indices Sensex and Nifty tumbled in early trade on July 25, continuing to decline for the fifth day running, dragged…
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Image for representational purposes only. | Photo Credit: PTI Benchmark BSE Sensex declined for the fourth day in a row on July 24 due to selling in financial and banking shares and the government’s move to hike securities transaction tax and short term capital gains tax. The 30-share BSE Sensex declined 280.16 points or 0.35%…
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People walk past the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: REUTERS Benchmark Sensex and Nifty settled marginally lower in volatile trade on Tuesday as the government proposed to hike securities transaction tax on futures & options in the budget for 2024-25. Recovering most of its intra-day losses of over 1,200 points,…
Read More “Sensex, Nifty settle marginally down in volatile trade on eventful Budget day” »
Image for representational purposes only. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty ended lower on July 22, dragged down by heavy selling pressure in Reliance Industries and Kotak Mahindra Bank ahead of the Budget. Besides, a weak trend in global equity markets also hit investors sentiment, traders said. Falling for the second…
Stock prices are displayed on a digital screen at the facade of the Bombay Stock Exchange building, in Mumbai. | Photo Credit: PTI Equity benchmark indices rebounded in early trade on July 11 amid a rally in global markets and continuous foreign fund inflows. Buying in IT stocks also added to the positive trend in…
Investors’ wealth went up ₹1.56 lakh crore on July 8. File | Photo Credit: Reuters The market capitalisation of BSE-listed firms on Kuly 8 hit a fresh lifetime high of ₹451.27 lakh crore on a day when the BSE Sensex reached a record closing level. The 30-share BSE benchmark climbed 391.26 points or 0.49% to…
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The 30-share BSE Sensex climbed 541.25 points to hit a fresh lifetime peak of 77,882.33 during the afternoon trade. The Nifty went up by 130.8 points to hit a new record high of 23,668.65. File Benchmark equity indices Sensex and Nifty hit their new all-time high levels on June 25 tracking firm trends in Asian…
Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI. Besides, heavy buying in capital goods, consumer durable and industrial stocks also helped the indices, traders said. Retail inflation continued its downward slide to reach a one-year low…
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Investors and brokers react after monitoring thestock prices on a digital screen. File photo | Photo Credit: ANI Benchmark equity indices Sensex and Nifty hit their fresh record high levels in early trade on Thursday, June 13, 2024, after retail inflation slipped to one-year low in May along with buying in IT stocks. The 30-share…
Read More “Stock Market Today: Sensex, Nifty hit fresh record high levels in early trade” »
Equity benchmark indices ended with gains on May 22 amid buying in blue-chips Reliance Industries and Infosys amid mixed cues from global markets. The 30-share BSE Sensex climbed 267.75 points or 0.36% to settle at 74,221.06. During the day, it jumped 354.48 points or 0.47% to 74,307.79. Similarly, the NSE Nifty advanced 68.75 points or…