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Equity benchmark indices Sensex and Nifty found firmer ground on Friday, propelled by a rally in market heavyweights Reliance Industries, ITC and Bharti Airtel amid a supportive trend overseas. Recovering from the sharp decline in the previous trade, the 30-share BSE Sensex climbed 260.30 points or 0.36% to settle at 72,664.47. During the day, it…
The Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark equity indices Sensex and Nifty tumbled about 1.5% on May 09 amid heavy foreign fund outflows and selling in HDFC Bank, Larsen & Toubro and Reliance Industries. Declining for the third day running, the 30-share BSE Sensex dropped 1,062.22 points or…
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An employee of a stock trading firm looking at share prices. File | Photo Credit: Vivek Bendre Equity benchmark Sensex plummeted over 700 points to sink below the 74,000 level and Nifty retreated from a record high on Friday as investors pared exposure to telecom, capital goods and tech stocks. Heavy selling pressure in Reliance…
Read More “Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record” »
A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550 level on April…
Read More “Markets extend gains for 5th session; Sensex revisits 74k” »
Equity benchmark indices tanked in early trade on April 19, taking their losing streak to the fifth day running, as escalating tensions in the Middle East weighed heavily on investors’ sentiment. Fresh foreign fund outflows, uptick in Brent crude oil prices and decline in IT stocks also added to the overall weak sentiment in equities….
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Equity benchmark indices Sensex and Nifty faced heavy volatility on April 18 and ended lower, taking their losing streak to the fourth straight session, dragged by bank stocks and foreign fund outflows. Concerns over fading rate cut hopes and persisting FII fund exodus from domestic equities also dampened investors’ sentiment. The 30-share BSE Sensex declined…
Read More “Markets face heavy fluctuations; settle lower taking downtrend to 4th day” »
The Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Equity benchmark index Sensex registered marginal gains to hit fresh lifetime high on April 05 after the Reserve Bank maintained the status quo on key interest rates amid a negative trend in global markets. The six-member rate-setting panel of the Reserve Bank…
Read More “Sensex gains marginally to scale new peak after RBI policy decision” »
Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on April 04, propped up by buying in IT, consumer durables and financial stocks amid expectations of a robust corporate performance. Besides, investors lapped up select banking stocks expecting a status quo in the interest rate decision of the RBI’s monetary policy…
Read More “Sensex, Nifty hit record highs as HDFC, TCS rise” »
A pedestrian walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark Sensex rebounded 335 points while Nifty closed above the 22,100 level on Thursday as buying in IT and capital goods shares helped broader markets recover from the previous day’s sharp losses. The 30-share BSE Sensex climbed 335.39…
Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Equity benchmark indices climbed in early trade on Thursday ahead of the Reserve Bank of India’s interest rate decision, amid a rally in global markets. The 30-share BSE Sensex jumped 321.42 points to 72,473.42 in early trade. The Nifty climbed 80.55 points to…
Read More “Markets climb in early trade ahead of RBI’s interest rate decision” »
