Tag: stock markets

Stock markets rebound on gains in index heavyweights, firm global trends

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Stock markets rebound on gains in index heavyweights, firm global trends

Image for representational purposes only. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty rebounded on February 27 following buying in index major Tata Consultancy Services, Tata Motors and Sun Pharma amid mostly firm global markets. The 30-share BSE Sensex climbed 305.09 points or 0.42% to settle at 73,095.22. The index was hit by…

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Stock markets tumble 1% after RBI monetary policy decision; bank stocks drag

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Stock markets tumble 1% after RBI monetary policy decision; bank stocks drag

Benchmark stock indices Sensex and Nifty tanked around 1% on Thursday dragged by selling in banking and auto shares due to increased uncertainty about the timing of interest rate cuts after the RBI’s monetary policy decision. Erasing all its early gains, the 30-share BSE Sensex fell by 723.57 points or 1% to settle at 71,428.43….

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Sensex tumbles 900 points amid broad-based selloff; slips below 64,000

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Sensex tumbles 900 points amid broad-based selloff; slips below 64,000

A share broker reacts as Sensex and Nifty prices plummet. File | Photo Credit: ANI Sliding for the sixth straight session, equity benchmark Sensex on Thursday plunged about 900 points to crash below the 64,000 level due to an across-the-board selloff amid heightened tension in the Middle East. Besides sluggish trends in global markets, deep…

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Sensex slides 341 points in early trade amid negative global cues

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Sensex slides 341 points in early trade amid negative global cues

Image used for representative purpose only. | Photo Credit: REUTERS Domestic equities started on a negative note on Friday, with benchmark Sensex tumbling 341 points as negative global cues and concerns over the quarterly financial performance of IT companies hit investor sentiments. The broader Nifty too declined in early trade while Asian markets fell amid…

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Stock markets rally after RBI keeps repo rate unchanged

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Stock markets rally after RBI keeps repo rate unchanged

Benchmark equity indices Sensex and Nifty rallied for a second straight session on Friday after the Reserve Bank maintained the status quo on policy rates, resulting in gains for rate-sensitive sectors like financial, realty and auto. A firm trend in Asian and European markets also bolstered the investors’ sentiment, traders said. The 30-share BSE Sensex…

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Stock markets extend gains for fifth day; Sensex revisits 66,000 mark

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Stock markets extend gains for fifth day; Sensex revisits 66,000 mark

Stock brokers watch the markets, at a brokerage in Kolkata. Representational image. | Photo Credit: ANI Equity benchmark Sensex climbed over 385 points to reclaim the 66,000 mark on Thursday (September 7), propelled by robust buying in index majors HDFC Bank, L&T and SBI amid a weak trend in global equities. A decline in crude…

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Markets climb in early trade on firm global trends, encouraging domestic macroeconomic data

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Markets climb in early trade on firm global trends, encouraging domestic macroeconomic data

Representational image | Photo Credit: PTI Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data. Fresh foreign fund inflows also added to the optimistic trend in the domestic equity market. Extending its previous day’s rally, the BSE benchmark Sensex climbed 243.69 points…

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Sensex, Nifty rally around 1% on strong macro data, global cues; metal, power shares lead gains

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Sensex, Nifty rally around 1% on strong macro data, global cues; metal, power shares lead gains

Representational image | Photo Credit: PTI Equity benchmark Sensex on Friday rallied around 556 points, logging its best single day in two months, while Nifty closed above the 19,400 level on value-buying in power, metal and oil stocks following strong domestic macro data and global cues. The BSE barometer closed higher by 555.75 points or…

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Most Adani Group Stocks Rise As Markets Shrug Off OCCRP Allegations

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Most Adani Group Stocks Rise As Markets Shrug Off OCCRP Allegations

Most Adani Group stocks were trading higher at around 1 p.m. on Friday. Indian stock markets shrugged off the allegations raised by the OCCRP report alleging “opaque” trading by Adani Group.  After the initial reaction on the day the report was released, there was no follow through selling in the Adani group stocks. The general…

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