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Tag: Stock Market

Surging markets: CJI Chandrachud advises SEBI, SAT to be cautious, pitches for more tribunal benches

Posted on July 4, 2024 By admin
Surging markets: CJI Chandrachud advises SEBI, SAT to be cautious, pitches for more tribunal benches

Chief Justice of India D.Y. Chandrachud with SEBI Chairperson Madhabi Puri Buch during the inauguration of new office premises of Securities Appellate Tribunal, in Mumbai, on July 4, 2024. | Photo Credit: PTI Chief Justice of India D.Y. Chandrachud on July 4 advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution…

Read More “Surging markets: CJI Chandrachud advises SEBI, SAT to be cautious, pitches for more tribunal benches” »

Business

Foreign portfolio investors invest ₹26,565 crore in Indian equities in June

Posted on June 30, 2024 By admin
Foreign portfolio investors invest ₹26,565 crore in Indian equities in June

FPIs also invested ₹14,955 crore in the debt market in June.  | Photo Credit: PTI After two months of net outflow, foreign investors turned buyers in June, infusing ₹26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. “Looking ahead, attention will gradually shift towards the Budget and Q1 FY25…

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Business

Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner

Posted on June 30, 2024 By admin
Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner

The BSE Sensex recorded the best monthly gain in June by climbing 7.14%. The Sensex breached the historic 79,000 mark on June 27. | Photo Credit: Reuters Nine of the top-10 most valued firms together added ₹2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a…

Read More “Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner” »

Business

Markets snap record-breaking rally as profit-booking hammers banking, finance stocks

Posted on June 28, 2024 By admin
Markets snap record-breaking rally as profit-booking hammers banking, finance stocks

In the past four trading days, the BSE benchmark jumped 2,033.28 points or 2.63%. File. | Photo Credit: ANI Market benchmarks Sensex and Nifty halted their three-day record-hitting rally to close with losses on June 28 as investors booked profit in banking, finance and tech stocks despite a positive trend in global equities. Snapping a…

Read More “Markets snap record-breaking rally as profit-booking hammers banking, finance stocks” »

Business

Markets on record rally; Sensex, Nifty settle at new all-time high levels

Posted on June 26, 2024 By admin
Markets on record rally; Sensex, Nifty settle at new all-time high levels

Among the 30 Sensex companies, Reliance Industries, Bharti Airtel, UltraTech Cement, Sun Pharma, Adani Ports, Axis Bank, NTPC and Bajaj Finance were the biggest gainers. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended at their fresh all-time high levels on June 26 in tandem with a rally in Asian peers and…

Read More “Markets on record rally; Sensex, Nifty settle at new all-time high levels” »

Business

Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade

Posted on June 21, 2024 By admin
Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade

Among the Sensex 30 companies, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, Wipro, Bajaj Finserv, Power Grid and IndusInd Bank were the biggest gainers. | Photo Credit: Reuters Benchmark equity indices rallied in early trade on June 21, with the NSE Nifty hitting a fresh all-time peak, helped by buying in IT stocks and…

Read More “Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade” »

Business

Sensex, Nifty scale fresh record high levels

Posted on June 20, 2024 By admin
Sensex, Nifty scale fresh record high levels

Among the 30 Sensex companies, JSW Steel, Tata Steel, Axis Bank, Reliance Industries, ICICI Bank, Hindustan Unilever, Kotak Mahindra Bank and Asian Paints were among the biggest gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty soared to new lifetime highs on June 20, fuelled by robust buying in market heavyweights Reliance, ICICI…

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Business

Sensex, Nifty end flat after hitting record high levels

Posted on June 19, 2024 By admin
Sensex, Nifty end flat after hitting record high levels

Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra and HCL Technologies were the gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty ended flat on June 19 after hitting new lifetime peaks during the session on the…

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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…

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