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Benchmark Sensex closed above the 77,000 level for the first time, and broader Nifty scaled a fresh peak on Tuesday as key equity indices stayed on the record-breaking run powered by a rally in index majors ICICI Bank, HDFC Bank and Infosys. Besides, renewed foreign fund inflows amid a firm trend in global equities boosted…
Read More “Markets continue record run; Sensex, Nifty climb to lifetime highs” »
A man walks past the logo of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty hit their new all-time high levels in early trade on Tuesday helped by firm trends in global markets, buying in IT stocks and fresh foreign fund inflows. Rising for…
Read More “Stock Market Today: Sensex, Nifty hit new all-time high levels in early trade” »
Benchmark equity indices Sensex and Nifty hit their new closing lifetime highs on Friday, following buying in market heavyweights HDFC Bank, Reliance Industries and Mahindra & Mahindra amid encouraging export data. However, foreign capital outflows amid lack of fresh triggers capped sharp gains, traders said. Rising for the third straight session, the 30-share BSE Sensex…
Read More “Sensex, Nifty hit fresh lifetime highs on buying in blue-chips HDFC Bank, Reliance” »
Benchmark equity indices ended higher on Wednesday, with the Nifty hitting its fresh record closing level, mainly due to buying in power, capital goods and industrial stocks amid a largely positive trend in global equities. Besides, a heavy rush on select index-heavyweight counters like HDFC Bank and Reliance Industries boosted investors’ sentiment, traders said. In…
Read More “Nifty hits fresh all-time high; Sensex climbs 150 points” »
Image used for representative purpose only. File. | Photo Credit: Reuters Benchmark equity indices climbed on June 12, with the Nifty hitting its fresh record high level and Sensex climbing nearly 600 points, amid buying in market blue-chip stocks HDFC Bank and Reliance Industries. Buying in IT stocks also propelled the rally in the markets….
Read More “Nifty hits new all-time high level; Sensex jumps nearly 600 points” »
Men watch stock news on a display screen as Sensex opens. File. | Photo Credit: ANI Benchmark equity indices jumped in late morning trade on June 7, extending their rally to the third straight session, after the RBI decided to keep the policy rate unchanged for the eighth time in a row, in line with…
Read More “Markets hold on to early gains after RBI monetary policy decision” »
On June 6, the Rupee settled seven paise higher at 83.44 against the dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to settle at 83.49 (provisional) against the U.S. dollar on June 6 due to foreign capital outflows and rising crude oil prices overseas. Forex traders said a weak American currency and…
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The Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty ended nearly 1% higher on Thursday, continuing their rally for the second straight day as Prime Minister Narendra Modi is poised to form the government for the third consecutive term. Regaining the 75,000 level, the 30-share BSE…
Read More “Stock markets extend rally to 2nd day on easing political worries” »
A man watches the display screen as Sensex opens in Mumbai. | Photo Credit: ANI Benchmark equity indices Sensex and Nifty began the trade on a buoyant note on June 6, continuing to rally for the second day running, after leaders of the BJP-led National Democratic Alliance (NDA) unanimously elected Narendra Modi as their leader….
Read More “Markets extend winning momentum to second day running” »
All the 30 Sensex companies ended in the green, with IndusInd Bank jumping nearly 8%. Tata Steel, Mahindra & Mahindra, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, HDFC Bank, Hindustan Unilever and JSW Steel also emerged big gainers. | Photo Credit: Reuters A day after facing massive erosion from their wealth, equity investors became richer…
Read More “Investors become richer by ₹13.22 lakh crore as markets bounce back after rout” »