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Tag: Foreign Institutional Investors

Rupee rises 5 paise to 83.45 against US dollar in early trade

Posted on July 5, 2024 By admin
Rupee rises 5 paise to 83.45 against US dollar in early trade

The rupee appreciated 5 paise to 83.45 against the US dollar in early trade on Friday, July 5, 2024, as the American currency retreated from its elevated levels and was supported by significant foreign fund inflows. At the interbank foreign exchange market, the local unit opened at 83.48 and gained further to 83.45 against the…

Read More “Rupee rises 5 paise to 83.45 against US dollar in early trade” »

Business

Sensex hits historic 80,000-mark; Nifty reaches fresh lifetime high in early trade

Posted on July 3, 2024 By admin
Sensex hits historic 80,000-mark; Nifty reaches fresh lifetime high in early trade

Brokers react after the Sensex surge in early morning trade. File photo | Photo Credit: ANI Equity benchmark indices started the trade on an optimistic note on Wednesday, July 3, 2024, with the Sensex breaching the historic 80,000-mark for the first time ever and the Nifty hitting its fresh lifetime high, amid heavy buying in…

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Business

Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner

Posted on June 30, 2024 By admin
Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner

The BSE Sensex recorded the best monthly gain in June by climbing 7.14%. The Sensex breached the historic 79,000 mark on June 27. | Photo Credit: Reuters Nine of the top-10 most valued firms together added ₹2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a…

Read More “Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner” »

Business

Markets on record rally; Sensex, Nifty settle at new all-time high levels

Posted on June 26, 2024 By admin
Markets on record rally; Sensex, Nifty settle at new all-time high levels

Among the 30 Sensex companies, Reliance Industries, Bharti Airtel, UltraTech Cement, Sun Pharma, Adani Ports, Axis Bank, NTPC and Bajaj Finance were the biggest gainers. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended at their fresh all-time high levels on June 26 in tandem with a rally in Asian peers and…

Read More “Markets on record rally; Sensex, Nifty settle at new all-time high levels” »

Business

Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade

Posted on June 21, 2024 By admin
Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade

Among the Sensex 30 companies, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, Wipro, Bajaj Finserv, Power Grid and IndusInd Bank were the biggest gainers. | Photo Credit: Reuters Benchmark equity indices rallied in early trade on June 21, with the NSE Nifty hitting a fresh all-time peak, helped by buying in IT stocks and…

Read More “Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade” »

Business

Sensex, Nifty scale fresh record high levels

Posted on June 20, 2024 By admin
Sensex, Nifty scale fresh record high levels

Among the 30 Sensex companies, JSW Steel, Tata Steel, Axis Bank, Reliance Industries, ICICI Bank, Hindustan Unilever, Kotak Mahindra Bank and Asian Paints were among the biggest gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty soared to new lifetime highs on June 20, fuelled by robust buying in market heavyweights Reliance, ICICI…

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Business

Sensex, Nifty end flat after hitting record high levels

Posted on June 19, 2024 By admin
Sensex, Nifty end flat after hitting record high levels

Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra and HCL Technologies were the gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty ended flat on June 19 after hitting new lifetime peaks during the session on the…

Read More “Sensex, Nifty end flat after hitting record high levels” »

Business

Rupee falls five paise to 83.49 against U.S. dollar

Posted on June 6, 2024 By admin
Rupee falls five paise to 83.49 against U.S. dollar

On June 6, the Rupee settled seven paise higher at 83.44 against the dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to settle at 83.49 (provisional) against the U.S. dollar on June 6 due to foreign capital outflows and rising crude oil prices overseas. Forex traders said a weak American currency and…

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Business

Investors become richer by ₹13.22 lakh crore as markets bounce back after rout

Posted on June 5, 2024 By admin
Investors become richer by ₹13.22 lakh crore as markets bounce back after rout

All the 30 Sensex companies ended in the green, with IndusInd Bank jumping nearly 8%. Tata Steel, Mahindra & Mahindra, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, HDFC Bank, Hindustan Unilever and JSW Steel also emerged big gainers. | Photo Credit: Reuters A day after facing massive erosion from their wealth, equity investors became richer…

Read More “Investors become richer by ₹13.22 lakh crore as markets bounce back after rout” »

Business

Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

Posted on May 30, 2024 By admin
Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

From the Sensex firms, Tata Steel, JSW Steel, Power Grid, Titan, Nestle India and Bajaj Finserv were the biggest laggards. | Photo Credit: Reuters Benchmark equity indices plunged in early trade on May 30, continuing to fall for the fifth day running, in line with weak global trends and unabated foreign fund outflows. The 30-share…

Read More “Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows” »

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