Tag: Stock Market

CEO Pay Takes A Hit In 2023, Yet Stands At 290 Times Average Workers Salary

October 18, 2024 admin

The salary of Chief Executive Officers significantly declined in 2023 despite a robust stock market, according to a recent report. CEO pay was still astoundingly high-290 times higher than the ordinary worker-despite this drop. The Economic Policy Institute’s study revealed that in 2023, there was an almost 20% decline in the total compensation received by…

World

Stock markets close lower for 2nd day amid foreign fund outflows

October 16, 2024 admin

Benchmark Sensex falls 318 points due to foreign fund outflows and global market trends. File | Photo Credit: ANI Benchmark Sensex declined by 318 points on Wednesday (October 16, 2024) due to selling in IT and auto shares amid unabated foreign fund outflows and weak trends in global markets. Falling for the second day, the…

Business

Sensex, Nifty climb in early trade on buying in IT, bank stocks

October 15, 2024 admin

The BSE benchmark Sensex jumped 591.69 points or 0.73% to settle at 81,973.05 on Monday (October 14, 2024). File | Photo Credit: PTI Equity benchmark indices rallied in early trade on Tuesday (October 15, 2024) amid buying in IT and bank stocks along with a sharp cut in Brent crude oil prices. The BSE Sensex…

Business

Stock Market Today: Sensex, Nifty tumble in early trade

September 30, 2024 admin

Markets were dragged by decline in frontline stocks like ICICI Bank and Reliance Industries. File. | Photo Credit: PTI Benchmark indices declined in early trade on Monday (September 30, 2024) amid foreign fund outflows and a largely weak Asian markets where the Japan’s Nikkei index tanked nearly 5%. Markets were also dragged by decline in…

Business

Sensex, Nifty hit fresh record closing high levels on rate cut hopes

September 17, 2024 admin

File picture of Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time supported by firm global trends ahead of the much-awaited U.S. Fed’s decision on interest rates. Extending…

Business

Sensex declines by 398 points, Nifty ends below 25K on profit taking in Tata Motors, RIL

September 11, 2024 admin

Benchmark Sensex reversed its early gains to close lower by 398 points while broader Nifty slipped below the 25,000 mark due to selling in Tata Motors, Reliance Industries and L&T amid weak global trends. In a volatile trade, the 30-share BSE Sensex dropped 398.13 points or 0.49% to settle at 81,523.16. The index opened higher…

Business

Sensex, Nifty climb in early trade on rally in global markets, foreign fund inflows

September 10, 2024 admin

Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Equity benchmark indices climbed in early trade on Tuesday (September 10, 2024) tracking a rally in global markets and fresh foreign fund inflows. The 30-share BSE Sensex climbed 241.68 points to 81,801.22 in early trade. The NSE Nifty went up 78.4 points to…

Business

Sensex, Nifty hit fresh all-time high levels in early trade

September 2, 2024 admin

File, | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty hit their fresh all-time high levels in early trade on Monday (September 2, 2024) tracking foreign fund inflows and a rally in the US markets. Equity markets have been continuously rallying amid the US rate cut hopes gathering momentum and renewed foreign fund inflows….

Business

Markets turn flat amid profit-taking, weak trends in Asian peers

August 28, 2024 admin

File. | Photo Credit: PTI Stock market benchmark indices turned flat after beginning the trade on a positive note on Wednesday (August 28, 2024) amid profit-taking in line with weak trends in Asian peers. The 30-share BSE Sensex climbed 128.81 points to 81,840.57 in early trade. The NSE Nifty went up by 30.4 points to…

Business