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Brokers react as Sensex ends above 79k, Nifty 50 surpasses 24,000 for the first time, in Kolkata on Thursday. (ANI Photo) | Photo Credit: ANI Benchmark indices Sensex and Nifty hit intra-day record high levels before closing almost flat on July 29 due to profit-taking in FMCG and IT shares by cautious investors ahead of…
The logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai. File photo | Photo Credit: REUTERS Equity market benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Monday, July 29, 2024, in-tandem with a rally in global peers and fresh foreign fund inflows. The 30-share BSE…
Read More “Sensex jumps 416 points to hit new record peak in early trade” »
Tech Mahindra saw its revenues decline by 1.2% to ₹13,005 crore during the reporting quarter. | Photo Credit: Reuters Shares of IT services firm Tech Mahindra slumped nearly 6% on July 26 after the company’s revenues declined by 1.2% during the June quarter. The stock tanked 5.52% to ₹1,445.50 on the Bombay Stock Exchange (BSE)….
Read More “Tech Mahindra shares tank nearly 6% after announcement of earnings” »
People walk past the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Equity market benchmark indices Sensex and Nifty rebounded in early trade on July 26 after staying on the back foot for the past five straight sessions, helped by value buying at lower levels and rally in blue-chips Infosys, Tata…
Read More “Markets rebound in early trade after five days of slump” »
The announcement of a hike in securities transaction tax and short term capital gains tax in the Budget for 2024-25, impacted markets’ sentiment negatively during the initial trade on July 25, 2024. Equity market benchmark indices Sensex and Nifty tumbled in early trade on July 25, continuing to decline for the fifth day running, dragged…
Read More “Sensex, Nifty tumble in early trade on weak global cues” »
Image for representational purposes only. | Photo Credit: PTI Benchmark BSE Sensex declined for the fourth day in a row on July 24 due to selling in financial and banking shares and the government’s move to hike securities transaction tax and short term capital gains tax. The 30-share BSE Sensex declined 280.16 points or 0.35%…
Read More “Stock markets fall for 4th day on selling in banking shares, STT hike” »
People walk past a display screen telecasting the Union Budget 2024-25 presentation by Union Finance Minister Nirmala Sitharaman at the Parliament House, outside the BSE in Mumbai on July 23, 2024. | Photo Credit: ANI Indian benchmarks were little changed on July 24, with sentiment still sour a day after the government raised the tax…
Mumbai: Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options. Foreign fund outflows and a weak trend in global markets also played spoilsport for the domestic markets. After a weak beginning, the 30-share…
Read More “Sensex, Nifty Open Lower Day After Budget Announcements” »
People walk past the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: REUTERS Benchmark Sensex and Nifty settled marginally lower in volatile trade on Tuesday as the government proposed to hike securities transaction tax on futures & options in the budget for 2024-25. Recovering most of its intra-day losses of over 1,200 points,…
Read More “Sensex, Nifty settle marginally down in volatile trade on eventful Budget day” »
Image for representational purposes only. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty ended lower on July 22, dragged down by heavy selling pressure in Reliance Industries and Kotak Mahindra Bank ahead of the Budget. Besides, a weak trend in global equity markets also hit investors sentiment, traders said. Falling for the second…