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Tag: NSE

Sensex closes flat, Nifty slips on profit-taking by investors

Posted on May 6, 2024 By admin
Sensex closes flat, Nifty slips on profit-taking by investors

BSE SENSEX on May 6, 2024 | Photo Credit: PTI GRAPHICS Benchmark Sensex closed almost flat in a range-bound trade on Monday as investors booked profits in index heavyweights amid high valuation concerns. The 30-share BSE Sensex edged up 17.39 points or 0.02% to settle at 73,895.54. The barometer hit a high of 74,359.69 and…

Read More “Sensex closes flat, Nifty slips on profit-taking by investors” »

Business

Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record

Posted on May 3, 2024 By admin
Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record

An employee of a stock trading firm looking at share prices. File | Photo Credit: Vivek Bendre Equity benchmark Sensex plummeted over 700 points to sink below the 74,000 level and Nifty retreated from a record high on Friday as investors pared exposure to telecom, capital goods and tech stocks. Heavy selling pressure in Reliance…

Read More “Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record” »

Business

Markets trade firm on global rally, fresh foreign fund inflows

Posted on April 30, 2024 By admin
Markets trade firm on global rally, fresh foreign fund inflows

From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Motors, UltraTech Cement, HCL Technologies and Nestle were the major gainers. | Photo Credit: Reuters Equity benchmark indices extended their rally in early trade on April 30, following optimism in global markets and fresh foreign fund inflows. The 30-share BSE Sensex climbed 152.31 points to 74,823.59…

Read More “Markets trade firm on global rally, fresh foreign fund inflows” »

Business

Markets rebound sharply on buying in bank stocks firm global trends

Posted on April 29, 2024 By admin
Markets rebound sharply on buying in bank stocks firm global trends

The BSE benchmark Sensex tanked 609.28 points or 0.82% to settle at 73,730.16 on Friday. File. | Photo Credit: Reuters Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 level on April 29 on the back of buying in banking and infra shares and a global stocks rally. The…

Read More “Markets rebound sharply on buying in bank stocks firm global trends” »

Business

Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper

Posted on April 28, 2024 By admin
Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper

A RBI working paper has found that equity markets are affected more by the changes in the market’s expectations of future monetary policy than the policy rate surprise. File | Photo Credit: Reuters Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement…

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Business

Markets rally for sixth day running on firm Asian peers; Tech Mahindra jumps more than 12%

Posted on April 26, 2024 By admin
Markets rally for sixth day running on firm Asian peers; Tech Mahindra jumps more than 12%

From the Sensex basket, Tech Mahindra jumped more than 12.50%. | Photo Credit: Reuters Equity benchmark indices climbed in early trade on April 26, extending their rally for the sixth day running, on heavy buying in Tech Mahindra and firm trends in Asian markets. The 30-share BSE Sensex climbed 176.47 points to 74,515.91 in early…

Read More “Markets rally for sixth day running on firm Asian peers; Tech Mahindra jumps more than 12%” »

Business

Markets extend gains for 5th session; Sensex revisits 74k

Posted on April 25, 2024 By admin
Markets extend gains for 5th session; Sensex revisits 74k

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550 level on April…

Read More “Markets extend gains for 5th session; Sensex revisits 74k” »

Business

Markets decline in early trade; Kotak Mahindra Bank tanks over 12%

Posted on April 25, 2024 By admin
Markets decline in early trade; Kotak Mahindra Bank tanks over 12%

Image used for representative purpose only | Photo Credit: Reuters Equity benchmark indices declined in early trade on April 25, giving up their gains of last four days, amid heavy selling in Kotak Mahindra Bank and foreign fund outflows. The 30-share BSE Sensex declined 296.79 points to 73,556.15. The NSE Nifty dipped 97.15 points to…

Read More “Markets decline in early trade; Kotak Mahindra Bank tanks over 12%” »

Business

Sensex, Nifty climb in early trade on firm global market trends

Posted on April 24, 2024 By admin
Sensex, Nifty climb in early trade on firm global market trends

From the Sensex basket, Tata Steel, JSW Steel, Nestle, UltraTech Cement, Tata Motors and HDFC Bank were the major gainers.  | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty climbed in early trade on April 24, taking their winning momentum to the fourth day running, amid a rally in global markets. The 30-share BSE…

Read More “Sensex, Nifty climb in early trade on firm global market trends” »

Business

Markets climb for third day on firm global cues

Posted on April 23, 2024 By admin
Markets climb for third day on firm global cues

File. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty closed higher for the third session in a row on April 23, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. After rallying over 400 points, the 30-share BSE Sensex ended 89.83 points or 0.12% higher…

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