Tag: Nifty

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

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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…

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Rupee rises 2 paise to 82.61 against US dollar

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At the interbank foreign exchange, the domestic unit opened at 82.58, then touched the lowest level of 82.62. File | Photo Credit: Special Arrangement The rupee appreciated by 2 paise to 82.61 against the US dollar in early trade on Tuesday amid a weak American currency against major rivals overseas and positive domestic equity markets. Retreating…

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Markets bounce back after two days of decline on firm global trends

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The scene outside the Bombay Stock Exchange on Dalal Street. | Photo Credit: VIVEK BENDRE Equity benchmark indices climbed on Monday after two days of fall, tracking strength in global markets and buying in HDFC Bank. The BSE Sensex climbed 110.09 points or 0.17% to settle at 64,996.60. During the day, it jumped 326.94 points…

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Markets climb in early trade on firm global trends

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Representational image only. | Photo Credit: Reuters Equity benchmark indices began the trade on an optimistic note on August 22, extending their previous day’s rally amid a firm trend in global markets. The 30-share BSE Sensex climbed 92.83 points to 65,308.92 in early trade. The NSE Nifty gained 35.5 points to 19,429.10. From the Sensex…

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Markets snap 2-day winning run; Sensex slumps nearly 390 points on weak global cues

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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…

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

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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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Markets fall post RBI monetary policy decision

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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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Benchmark Equity Indices Fall in Early Trade on August 9 | BSE Sensex, NSE Nifty, FIIs Outflows

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The 30-share BSE Sensex fell 158.2 points to 65,688.30, extending its previous day’s weak trend. File | Photo Credit: PTI Benchmark equity indices declined in early trade on August 9 amid weak global market trends and continuous foreign fund outflows. Caution also prevailed in the markets ahead of the major events — RBI’s monetary policy and…

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