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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…
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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…
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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…
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….
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…
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…
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” »
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…
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…
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The 30-share BSE Sensex climbed 290.46 points to 80,809.80 in early trade. The NSE Nifty rallied 95.85 points to hit a new record peak of 24,598. File. | Photo Credit: ANI Equity benchmark indices rallied in early trade on July 15, with the Nifty hitting its new all-time high and the Sensex climbing 290 points,…
Read More “Nifty hits fresh record high in early trade; Sensex climbs 290 points” »