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Tag: indian stock market

Markets extend gains on fag-end buying; Infosys, L&T shine

Posted on August 16, 2023 By admin
Markets extend gains on fag-end buying; Infosys, L&T shine

Benchmark equity indices Sensex and Nifty pared early losses to close higher for a second straight session on Wednesday, supported by fag-end buying in index majors Infosys, L&T and M&M amid a mixed trend in global markets. In a volatile trade, the 30-share BSE Sensex climbed 137.50 points or 0.21% to settle at 65,539.42. During…

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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…

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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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