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Tag: indian stock market

Stock markets rebound after two days of fall amid global rally

Posted on November 2, 2023 By admin
Stock markets rebound after two days of fall amid global rally

Bombay Stock Exchange on Dalal Street. File | Photo Credit: Vivek Bendre Benchmark equity indices Sensex and Nifty rebounded nearly 1% on Thursday after a two-day decline, following a rally in global markets amid the U.S. Federal Reserve keeping rates unchanged. The 30-share BSE Sensex jumped 489.57 points or 0.77% to settle at 64,080.90. During…

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Business

Sensex sinks 550 points to slip below 66k on spike in crude oil prices, weak global trend

Posted on October 18, 2023 By admin
Sensex sinks 550 points to slip below 66k on spike in crude oil prices, weak global trend

Equity benchmark index Sensex tumbled 551 points to close below the 66,000 level on Wednesday due to profit-taking in banking, financial and energy stocks amid a sharp jump in global crude oil prices. A sluggish trend in global equity markets following lingering geopolitical worries also sapped the risk appetite of investors, traders said. After a…

Read More “Sensex sinks 550 points to slip below 66k on spike in crude oil prices, weak global trend” »

Business

Markets rebound after 2-day slump; L&T top boost

Posted on October 5, 2023 By admin
Markets rebound after 2-day slump; L&T top boost

Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: REUTERS Equity benchmark indices Sensex and Nifty rebounded sharply on Thursday after sliding for the past two sessions, propelled by bargain hunting in capital goods, banking, and IT stocks amid a sharp correction in global crude prices. The 30-share BSE Sensex climbed 405.53 points or…

Read More “Markets rebound after 2-day slump; L&T top boost” »

Business

Markets fall for 2nd day on unabated foreign fund outflows

Posted on October 4, 2023 By admin
Markets fall for 2nd day on unabated foreign fund outflows

The Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Equity benchmark indices ended lower on Wednesday, extending their previous day’s fall, due to unabated foreign fund outflows and weak trends in the U.S. and Asian markets. The 30-share BSE Sensex went lower by 286.06 points, or 0.44%, to settle at 65,226.04….

Read More “Markets fall for 2nd day on unabated foreign fund outflows” »

Business

Nifty hits fresh record; Sensex extends rally for 10th day

Posted on September 14, 2023 By admin
Nifty hits fresh record; Sensex extends rally for 10th day

The NSE benchmark Nifty advanced over 33 points to close at a fresh lifetime high of 20,103 while Sensex ticked higher for the tenth straight session on Thursday, helped by fag-end buying in oil & gas, metal and commodity stocks amid a largely firm trend in global equities. After swinging between gains and losses throughout…

Read More “Nifty hits fresh record; Sensex extends rally for 10th day” »

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, Nifty pare early gains to end on flat note

Posted on August 30, 2023 By admin
Sensex, Nifty pare early gains to end on flat note

Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark equity indices Sensex and Nifty closed on a flat note on Wednesday amid weak global cues. Shedding most of the gains made during the day, the 30-share BSE Sensex ended 0.02% or 11.43 points higher at 65,087.25 points. Similar trends were witnessed…

Read More “Sensex, Nifty pare early gains to end on flat note” »

Business

Stock markets close higher for 2nd day; power, metal shares lead gains

Posted on August 29, 2023 By admin
Stock markets close higher for 2nd day; power, metal shares lead gains

Benchmark stock indices Sensex and Nifty closed higher on Tuesday, marking their second straight day of gains as metal and power and select financial shares advanced. Losses in index majors Reliance Industries, ICICI Bank and Airtel, and foreign fund outflows restricted gains, analysts said. Rising for a second straight day, the BSE Sensex rose by…

Read More “Stock markets close higher for 2nd day; power, metal shares lead gains” »

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 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” »

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