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Tag: Stock Market

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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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….

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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

Stock Market today: Sensex, Nifty hit record high levels as exit polls predict massive win for BJP-led NDA

Posted on June 3, 2024 By admin
Stock Market today: Sensex, Nifty hit record high levels as exit polls predict massive win for BJP-led NDA

All the 30 Sensex companies were trading in the green. Power Grid, NTPC, State Bank of India, Larsen & Toubro, Mahindra & Mahindra, IndusInd Bank and Axis Bank were the biggest gainers from the Sensex pack. | Photo Credit: Reuters Investors’ wealth jumped ₹12.48 lakh crore in morning trade on June 3 as the benchmark…

Read More “Stock Market today: Sensex, Nifty hit record high levels as exit polls predict massive win for BJP-led NDA” »

Business

Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

Posted on May 30, 2024 By admin
Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

From the Sensex firms, Tata Steel, JSW Steel, Power Grid, Titan, Nestle India and Bajaj Finserv were the biggest laggards. | Photo Credit: Reuters Benchmark equity indices plunged in early trade on May 30, continuing to fall for the fifth day running, in line with weak global trends and unabated foreign fund outflows. The 30-share…

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Business

Stock markets fall for fourth day on profit taking; Sensex down 667 points

Posted on May 29, 2024 By admin
Stock markets fall for fourth day on profit taking; Sensex down 667 points

The BSE benchmark hit its all-time peak of 76,009.68 on May 27. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined nearly 1% on June 29, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls. The 30-share BSE Sensex declined 667.55 points…

Read More “Stock markets fall for fourth day on profit taking; Sensex down 667 points” »

Business

Stock markets decline for third day in volatile trade ahead of poll results

Posted on May 28, 2024 By admin
Stock markets decline for third day in volatile trade ahead of poll results

File. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty closed lower on May 28 in highly volatile trade, extending their losing run to the third day in a row as investors opted for profit-taking amid uncertainty ahead of the results of Lok Sabha polls. After gyrating between gains and losses during the day,…

Read More “Stock markets decline for third day in volatile trade ahead of poll results” »

Business

Rupee rises 17 paise to close at 83.33 against US dollar

Posted on May 17, 2024 By admin
Rupee rises 17 paise to close at 83.33 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.50 and touched an intraday high of 83.32 and a low of 83.50. | Photo Credit: The Hindu Rupee appreciated 17 paise to close at 83.33 (provisional) against the U.S. dollar on May 17, on positive domestic markets and expectations of some fresh foreign…

Read More “Rupee rises 17 paise to close at 83.33 against US dollar” »

Business

Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally

Posted on May 16, 2024 By admin
Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally

In a highly volatile trade, the 30-share BSE Sensex climbed 676.69 points or 0.93% to settle at 73,663.72. During the day, it hit a high of 73,749.47 and a low of 72,529.97.  | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty shot up nearly 1% on May 16, driven by buying in HDFC Bank…

Read More “Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally” »

Business

Stock Market Today: Markets rebound in early trade on firm global trends

Posted on May 16, 2024 By admin
Stock Market Today: Markets rebound in early trade on firm global trends

Among the Sensex components, Bharti Airtel, Infosys, Tech Mahindra, HCL Technologies, Mahindra & Mahindra, Reliance Industries and Tata Consultancy Services were the major gainers. | Photo Credit: Reuters Equity benchmark indices rallied in early trade on May 16 amid firm global market trends and buying in Reliance Industries and Tata Consultancy Services. The 30-share BSE…

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