Tag: Stock Market

Markets extend gains on buying in FMCG, consumer stocks; Sensex rises 100 points

Posted on By admin
Markets extend gains on buying in FMCG, consumer stocks; Sensex rises 100 points

In a range-bound trade, the 30-share BSE Sensex gained for the second day in a row, rising 102.44 points or 0.13% to close at 80,905.30.  | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty closed higher on Wednesday (August 21, 2024), helped by gains in FMCG, consumer durables and health-care stocks amid strong buying…

Read More “Markets extend gains on buying in FMCG, consumer stocks; Sensex rises 100 points” »

Business

Sensex rebounds 370 points; bank, finance stocks spurt

Posted on By admin
Sensex rebounds 370 points; bank, finance stocks spurt

Representational photo | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty soared on Tuesday (August 20, 2024), propelled by robust buying in banking, financial and auto stocks amid a largely firm trend in global equities. The 30-share BSE Sensex rebounded 378.18 points or 0.47% to settle at 80,802.86. During the day, the benchmark…

Read More “Sensex rebounds 370 points; bank, finance stocks spurt” »

Business

Sensex, Nifty settle almost flat in lacklustre trade

Posted on By admin
Sensex, Nifty settle almost flat in lacklustre trade

Benchmark equity indices Sensex and Nifty ended on a flat note in a lacklustre trade on Monday (August 19, 2024), as investors preferred to remain on the sidelines awaiting further triggers. Participants also booked profits in select blue-chip stocks amid high valuation concerns, according to experts. In a range-bound trade, the 30-share BSE Sensex slipped…

Read More “Sensex, Nifty settle almost flat in lacklustre trade” »

Business

Markets set to open flat as SEBI asks investors to remain calm amid fresh Hindenburg allegations

Posted on By admin
Markets set to open flat as SEBI asks investors to remain calm amid fresh Hindenburg allegations

Indian shares logged gains on Friday, narrowing their weekly losses, as a bigger-than-expected drop in U.S. unemployment claims allayed fears of a recession in the world’s top economy. File. | Photo Credit: ANI Indian shares are likely to open flat on Monday (August 12, 2024), with the Securities and Exchange Board of India (SEBI) asking…

Read More “Markets set to open flat as SEBI asks investors to remain calm amid fresh Hindenburg allegations” »

Business

Markets rebound in early trade; Sensex jumps 1,046 points; Nifty surges above 24,300-level

Posted on By admin
Markets rebound in early trade; Sensex jumps 1,046 points; Nifty surges above 24,300-level

File. | Photo Credit: ANI Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Wednesday (August 7, 2024) after three days of massive decline in-tandem with a rally in global peers. The 30-share BSE Sensex jumped 1,046.13 points to 79,639.20 in early trade. The NSE Nifty surged 313.9 points to 24,306.45….

Read More “Markets rebound in early trade; Sensex jumps 1,046 points; Nifty surges above 24,300-level” »

Business

Stock Market Today: Sensex, Nifty bounce back sharply in early trade amid rally in Asian peers

Posted on By admin
Stock Market Today: Sensex, Nifty bounce back sharply in early trade amid rally in Asian peers

People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File. | Photo Credit: PTI Equity market benchmark indices Sensex and Nifty bounced back sharply in early trade on August 6 after facing a severe drubbing in the previous trade tracking a smart rebound in Asian peers. The 30-share BSE Sensex jumped 1,092.68 points…

Read More “Stock Market Today: Sensex, Nifty bounce back sharply in early trade amid rally in Asian peers” »

Business

Stock markets crash nearly 3% amid global equity rout, investors lose ₹15 lakh crore in single day

Posted on By admin
Stock markets crash nearly 3% amid global equity rout, investors lose ₹15 lakh crore in single day

Stock markets crashed nearly 3% on August 5 due to across-the-board selling in banking, IT, metal and oil & gas shares following a global equity rout, wiping out more than ₹15 lakh crore of investor money in a single day. The 30-share BSE Sensex plummeted 2,222.55 points or 2.74% to settle at over a month’s…

Read More “Stock markets crash nearly 3% amid global equity rout, investors lose ₹15 lakh crore in single day” »

Business

Rupee recovers from all-time low, rises 9 paise to 83.69/$ in early trade

Posted on By admin
Rupee recovers from all-time low, rises 9 paise to 83.69/$ in early trade

File. | Photo Credit: Reuters The rupee recovered from its all-time low level and appreciated 9 paise to 83.69 against the US dollar in early trade on Friday, amid a positive trend in domestic equities. Forex traders said foreign fund outflows from Indian equities following the government’s decision to hike the tax rate on capital…

Read More “Rupee recovers from all-time low, rises 9 paise to 83.69/$ in early trade” »

Business

Economic Survey 2023-24 cautions against significant increase in retail investors in stock market

Posted on By admin
Economic Survey 2023-24 cautions against significant increase in retail investors in stock market

The Economic Survey 2023-24 on July 22 cautioned against significant increase in retail participation in the stock market, saying expectation of higher returns without real market conditions is a matter of concern. At the same time, it also mentioned that enhanced participation of retail investors lends stability to the capital market and noted the increasing…

Read More “Economic Survey 2023-24 cautions against significant increase in retail investors in stock market” »

Business

Sensex, Nifty close at record high levels on gains in PSU banks

Posted on By admin
Sensex, Nifty close at record high levels on gains in PSU banks

Among Sensex shares, State Bank of India, NTPC, UltraTech Cement, Mahindra & Mahindra, Bajaj Finance, Tata Motors, Maruti and ITC were the biggest winners. | Photo Credit: Reuters Benchmark Sensex and Nifty closed at new record high levels on July 15 helped by fresh foreign fund inflows and buying in State Bank of India. The…

Read More “Sensex, Nifty close at record high levels on gains in PSU banks” »

Business