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Tag: indian stock market

Sensex gains marginally to scale new peak after RBI policy decision

Posted on April 5, 2024 By admin
Sensex gains marginally to scale new peak after RBI policy decision

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” »

Business

Sensex, Nifty hit record highs as HDFC, TCS rise

Posted on April 4, 2024 By admin
Sensex, Nifty hit record highs as HDFC, TCS rise

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” »

Business

Sensex recovers 335 points, Nifty closes above 22,100 on buying in IT stocks, positive macro data

Posted on March 14, 2024 By admin
Sensex recovers 335 points, Nifty closes above 22,100 on buying in IT stocks, positive macro data

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…

Read More “Sensex recovers 335 points, Nifty closes above 22,100 on buying in IT stocks, positive macro data” »

Business

Markets climb in early trade ahead of RBI’s interest rate decision

Posted on February 8, 2024 By admin
Markets climb in early trade ahead of RBI’s interest rate decision

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” »

Business

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…

Read More “Stock markets rebound after two days of fall amid global rally” »

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” »

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