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Tag: Sensex

Sensex, Nifty hit fresh lifetime highs on buying in blue-chips HDFC Bank, Reliance

Posted on June 14, 2024 By admin
Sensex, Nifty hit fresh lifetime highs on buying in blue-chips HDFC Bank, Reliance

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” »

Business

Nifty hits fresh all-time high; Sensex climbs 150 points

Posted on June 12, 2024 By admin
Nifty hits fresh all-time high; Sensex climbs 150 points

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” »

Business

Nifty hits new all-time high level; Sensex jumps nearly 600 points

Posted on June 12, 2024 By admin
Nifty hits new all-time high level; Sensex jumps nearly 600 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” »

Business

Markets hold on to early gains after RBI monetary policy decision

Posted on June 7, 2024 By admin
Markets hold on to early gains after RBI monetary policy decision

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” »

Business

Rupee falls five paise to 83.49 against U.S. dollar

Posted on June 6, 2024 By admin
Rupee falls five paise to 83.49 against U.S. dollar

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…

Read More “Rupee falls five paise to 83.49 against U.S. dollar” »

Business

Stock markets extend rally to 2nd day on easing political worries

Posted on June 6, 2024 By admin
Stock markets extend rally to 2nd day on easing political worries

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” »

Business

Markets extend winning momentum to second day running

Posted on June 6, 2024 By admin
Markets extend winning momentum to second day running

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” »

Business

Investors become richer by ₹13.22 lakh crore as markets bounce back after rout

Posted on June 5, 2024 By admin
Investors become richer by ₹13.22 lakh crore as markets bounce back after rout

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” »

Business

Sensex plunges 5.7% as BJP fails to win majority on its own

Posted on June 4, 2024 By admin
Sensex plunges 5.7% as BJP fails to win majority on its own

Big fall: A man checks stock market news on the big screen as Sensex opened in the red when counting began on Tuesday. | Photo Credit: ANI India’s S&P BSE Sensex suffered its sharpest fall since the onset of the COVID-19 pandemic in March 2020, as the surprise outcome of the ruling Bharatiya Janata Party…

Read More “Sensex plunges 5.7% as BJP fails to win majority on its own” »

Business

Bloodbath on D-Street on vote counting day: Sensex suffers worst single-day retreat in 4 years

Posted on June 4, 2024 By admin
Bloodbath on D-Street on vote counting day: Sensex suffers worst single-day retreat in 4 years

In the biggest single-day fall in four years, benchmark stock indices Sensex and Nifty plunged by nearly 6 per cent on Tuesday as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Reversing its Monday’s sharp gains of over 3 per cent, the 30-share BSE Sensex nosedived…

Read More “Bloodbath on D-Street on vote counting day: Sensex suffers worst single-day retreat in 4 years” »

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