Stocks – Artifex.News https://artifex.news Stay Connected. Stay Informed. Wed, 29 Oct 2025 10:44:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png Stocks – Artifex.News https://artifex.news 32 32 Stock markets rally on U.S. Fed rate cut hopes, fresh foreign fund inflows https://artifex.news/article70216475-ece/ Wed, 29 Oct 2025 10:44:00 +0000 https://artifex.news/article70216475-ece/ Read More “Stock markets rally on U.S. Fed rate cut hopes, fresh foreign fund inflows” »

]]>

 The 30-share BSE Sensex climbed 368.97 points or 0.44% to settle at 84,997.13. During the day, it jumped 477.67 points or 0.56% to 85,105.83. File.
| Photo Credit: ANI

Stock market benchmark indices Sensex and Nifty settled in the positive territory on Wednesday (October 29, 2025), tracking a rally in global peers, amid hopes of a rate cut by the U.S. Federal Reserve and fresh foreign fund inflows.

The 30-share BSE Sensex climbed 368.97 points or 0.44% to settle at 84,997.13. During the day, it jumped 477.67 points or 0.56% to 85,105.83.

The 50-share NSE Nifty went up by 117.70 points or 0.45% to 26,053.90.

From the Sensex firms, Adani Ports, NTPC, Power Grid, HCL Tech, Tata Steel, Sun Pharma, Trent and Asian Paints were among the major gainers.

However, Bharat Electronics, Eternal, Mahindra & Mahindra and Maruti were among the laggards.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index settled higher.

Markets in Europe were trading mostly higher. U.S. markets ended in positive territory on Tuesday.

“The domestic market ended on a strong note, supported by positive cues from Asian markets and improved clarity on global trade dynamics. Optimism over potential progress in India–U.S. trade talks further lifted sentiment.

“The upcoming Fed decision remains a key event for global markets; although a 25-bps rate cut is widely anticipated, investors will closely track its commentary for further rate cuts, which will guide the future market trajectory,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

Foreign Institutional Investors (FIIs) bought equities worth ₹10,339.80 crore on Tuesday, according to exchange data.

Global oil benchmark Brent crude climbed 0.23% to $64.55 a barrel.

On Tuesday, the Sensex declined 150.68 points or 0.18% to settle at 84,628.16. The Nifty dipped 29.85 points or 0.11% to 25,936.20.



Source link

]]>
Sensex, Nifty slip amid profit-taking, weak Asian markets https://artifex.news/article70212415-ece/ Tue, 28 Oct 2025 12:14:00 +0000 https://artifex.news/article70212415-ece/ Read More “Sensex, Nifty slip amid profit-taking, weak Asian markets” »

]]>

Benchmark BSE Sensex declined by 150 points in a volatile session on Tuesday (October 28, 2025) due to profit-taking in IT, consumer durables and realty shares and weak trends in Asian markets.

In a see-saw trade, the 30-share BSE Sensex closed lower by 150.68 points or 0.18% at 84,628.16. The index opened strong but erased gains in the late morning as investors took profits.

The barometer tanked nearly 560 points to hit a low of 84,219.39 during the day, but buying support at lower levels helped it recover some losses in the final half hour of trade.

The 50-share NSE Nifty dipped 29.85 points or 0.11% to 25,936.20.

Among Sensex firms, Trent, ICICI Bank, Tech Mahindra, Bajaj Finserv, Mahindra & Mahindra, Power Grid, Tata Consultancy Services and Bajaj Finance were the major laggards.

However, Tata Steel, Larsen & Toubro, State Bank of India, Kotak Mahindra Bank were among the major gainers.

“The domestic market remained volatile in negative terrain and ended flat, weighed down by profit booking on monthly expiry and weak global cues,” Vinod Nair, Head of Research, Geojit Investments Limited said.

“Despite this, the metals sector gained on renewed optimism following China’s announcement to curb steel overcapacity and potential progress over U.S.- China Trade relations, while PSU banks outperformed amid reports of a potential increase in FII holding limits,” Mr. Nair added.

The BSE midcap gauge went up by 0.12% and smallcap index edged higher by 0.06%.

Realty dropped 1%, utilities (0.82%), BSE Focused IT (0.72%), consumer durables (0.64%) and IT (0.60%).

Metal jumped 1.30%, commodities climbed 0.55%, industrials (0.21%), bankex (0.06%) and financial services (0.03%).

“The Nifty-50 traded within a narrow 25,800–26,000 range for most of the day, reflecting cautious sentiment ahead of key global events such as the U.S. Federal Reserve’s policy outcome,” Ponmudi R., CEO of Enrich Money, an online trading and wealth tech firm, said.

“Market sentiment remained cautious ahead of key global central bank meetings and major U.S. tech earnings announcements. Additionally, muted activity by foreign institutional investors in the cash segment weighed on sentiment, though steady domestic inflows and a largely positive earnings season so far helped maintain an overall constructive tone,” Ajit Mishra – SVP, Research, Religare Broking Ltd., said.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng settled lower.

Markets in Europe were trading on a mixed note. U.S. markets ended in the positive territory on Monday (October 27).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹55.58 crore on Monday (October 27), according to exchange data. Domestic Institutional Investors (DIIs) however, bought stocks worth ₹2,492.12 crore in the previous trade.

Global oil benchmark Brent crude declined 1.78% to $64.42 a barrel.

On Monday (October 27), the 30-share BSE Sensex jumped 566.96 points or 0.67% to settle at 84,778.84. The Nifty climbed 170.90 points or 0.66% to 25,966.05.

Published – October 28, 2025 05:44 pm IST



Source link

]]>
Stock markets go south for eigth session on relentless foreign fund outflows; Sensex falls 97 points https://artifex.news/article70112514-ece/ Tue, 30 Sep 2025 10:57:00 +0000 https://artifex.news/article70112514-ece/ Read More “Stock markets go south for eigth session on relentless foreign fund outflows; Sensex falls 97 points” »

]]>

Giving up early gains, the 30-share BSE Sensex declined 97.32 points or 0.12% to settle at 80,267.62. File.
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty closed lower on Tuesday (September 30, 2025) after a volatile session, marking the eighth consecutive session of southward movement due to relentless foreign fund outflows and caution ahead of the RBI’s interest rate decision.

Giving up early gains, the 30-share BSE Sensex declined 97.32 points or 0.12% to settle at 80,267.62. During the day, it hit a high of 80,677.82 and a low of 80,201.15. In eight trading days, the Sensex has tanked 2,746.34 points or 3.30%.

The 50-share NSE Nifty fell by 23.80 points or 0.10% to 24,611.10.

Netal and banking stocks advanced while realty and consumer durables shares faced selling pressure.

Caution prevailed in the market ahead of the RBI’s interest rate decision on Wednesday (October 1), analysts said.

Among Sensex firms, ITC, Bharti Airtel, Trent, Bajaj Finserv, Titan and Reliance Industries were the major laggards.

However, UltraTech Cement, Adani Ports, Tata Motors, Bharat Electronics, Bajaj Finance and Hindustan Unilever were among the major gainers. In Asian markets, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng settled in positive territory, while South Korea’s Kospi and Japan’s Nikkei 225 index ended lower.

Markets in Europe were trading on a mixed note. U.S. markets ended higher on Monday.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,831.59 crore on Monday, while Domestic Institutional Investors (DIIs) bought stocks worth ₹3,845.87 crore, according to exchange data.

The Reserve Bank’s Monetary Policy Committee began its three-day deliberations on Monday. The RBI rate-setting panel’s decision will be announced on Wednesday.

Global oil benchmark Brent crude dropped 1% to $67.29 a barrel.



Source link

]]>
Stock markets fall for 3rd day as high tariffs, foreign fund outflows weigh on sentiment https://artifex.news/article69988708-ece/ Fri, 29 Aug 2025 11:06:00 +0000 https://artifex.news/article69988708-ece/ Read More “Stock markets fall for 3rd day as high tariffs, foreign fund outflows weigh on sentiment” »

]]>

 The 30-share BSE Sensex dropped 270.92 points or 0.34% to settle at 79,809.65. During the day, it declined 338.81 points or 0.42% to 79,741.76. File.
| Photo Credit: PTI

Equity benchmark indices Sensex and Nifty fell on Friday (August 29, 2025), extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.

The 30-share BSE Sensex dropped 270.92 points or 0.34% to settle at 79,809.65. During the day, it declined 338.81 points or 0.42% to 79,741.76.

The 50-share NSE Nifty edged lower by 74.05 points or 0.30% to 24,426.85.

The U.S. has imposed a steep 50% tariff on Indian goods entering America from August 27. This high duty is expected to impact exports of certain labour-intensive sectors like textiles and leather and footwear and shrimp.

From the Sensex firms, Mahindra&Mahindra fell by 2.96%, followed by Reliance Industries which lost 2.21%. Infosys, NTPC, Tata Motors and Tech Mahindra were also among the laggards.

However, ITC, Bharat Electronics, Trent, and Larsen&Toubro were among the major gainers.

Meanwhile, Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday announced the launch of Reliance Jio’s initial public offering in the first half of 2026.

Addressing the 48th Annual General Meeting of RIL, Ambani announced that Jio will now expand its operations overseas and develop its own artificial intelligence technology.

On Thursday, the Sensex tanked 705.97 points or 0.87% to settle at 80,080.57. The Nifty dived 211.15 points or 0.85 per cent to 24,500.90.

In the past three trading days, the BSE benchmark has plummeted 1,826.26 points or 2.23%, and the Nifty tumbled 540.9 points or 2.16%.

“Investor sentiment remained cautious as markets attempted to digest the full impact of the U.S. tariff. The persistence of this issue is likely to heighten the future competitiveness of India’s exports in some areas.

“Equity benchmarks underperformed, with mid and smallcap segments particularly affected by risk aversion and stretched valuations,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

In Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index settled lower while Shanghai’s SSE Composite index and Hong Kong’s Hang Seng ended in positive territory.

Markets in Europe were trading lower.

The U.S. markets ended higher on Thursday.

Global oil benchmark Brent crude declined 0.80% to $68.07 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,856.51 crore on Thursday, while Domestic Institutional Investors (DIIs) bought stocks worth ₹6,920.34 crore, according to exchange data.



Source link

]]>
Markets end marginally lower after a day’s breather amid foreign fund outflows https://artifex.news/article69233620-ece/ Tue, 18 Feb 2025 10:43:00 +0000 https://artifex.news/article69233620-ece/ Read More “Markets end marginally lower after a day’s breather amid foreign fund outflows” »

]]>

The 30-share BSE benchmark Sensex ended 29.47 points or 0.04% lower at 75,967.39. Intra-day, it dropped 465.85 points or 0.61% to 75,531.01
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty ended marginally lower on Tuesday (February 18, 2025) as uninterrupted foreign fund outflows and slowdown in corporate earnings continued to hit investors’ sentiment.

After a day’s breather, the 30-share BSE benchmark Sensex ended 29.47 points or 0.04% lower at 75,967.39. Intra-day, it dropped 465.85 points or 0.61% to 75,531.01.

The NSE Nifty dipped 14.20 points or 0.06% to settle at 22,945.30.

From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, UltraTech Cement, Hindustan Unilever, Sun Pharma, Tata Consultancy Services, ITC and Asian Paints were among the biggest laggards.

NTPC, Zomato, Tech Mahindra, Power Grid, Kotak Mahindra Bank and HCL Tech were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,937.83 crore on Monday, according to exchange data.

“On Tuesday, the Indian blue-chip equity indices, Sensex and Nifty-50, closed with a slight decline, primarily due to a slowdown in earnings and concerns over ongoing foreign selling, which affected market sentiment,” Ameya Ranadive, Chartered Market Technician, CFTe, Sr Technical Analyst, StoxBox, said.

In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while Shanghai ended lower.

European markets were quoting mostly lower.

U.S. markets were closed on Monday in observance of ‘President’s Day’.

Global oil benchmark Brent crude climbed 0.73% to $75.77 a barrel.

The Sensex climbed 57.65 points or 0.08% to settle at 75,996.86 on Monday, ending an eight-day losing run. The Nifty rebounded 30.25 points or 0.13% to 22,959.50.



Source link

]]>
Markets slump in early trade amid Trump’s fresh tariffs threat, foreign fund outflows https://artifex.news/article69201464-ece/ Mon, 10 Feb 2025 04:54:37 +0000 https://artifex.news/article69201464-ece/ Read More “Markets slump in early trade amid Trump’s fresh tariffs threat, foreign fund outflows” »

]]>

Declining for the fourth day running, the 30-share BSE benchmark Sensex dropped 343.83 points to 77,516.36 in early trade. File.
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty declined in early trade on Monday (February 10, 2025) amid fresh tariffs concerns and unabated foreign fund outflows.

Declining for the fourth day running, the 30-share BSE benchmark Sensex dropped 343.83 points to 77,516.36 in early trade. The NSE Nifty declined 105.55 points to 23,454.40.

From the 30-share blue-chip pack, Tata Steel, Power Grid, NTPC, Zomato, Sun Pharma and Bajaj Finance were among the major laggards. Tata Steel and JSW Steel fell about 4% each, topping the list of Nifty 50 laggards.

Twelve of the 13 major sectors declined. The more domestically focussed smallcaps and midcaps fell about 1% each.

Bharti Airtel, Hindustan Unilever, State Bank of India and Nestle were among the gainers.

Metal stocks led losses in Indian shares after President Donald Trump said he would impose new tariffs on all steel and aluminium imports into the U.S., in addition to further reciprocal tariffs.

The metals index declined 3% after the U.S. President said on Sunday (February 9, 2025) that he would impose 25% duties on steel and aluminium imports, on top of existing metals levies, along with reciprocal tariffs on all countries to match their tariffs.

The risk of fresh U.S. tariffs also fuelled losses in the rupee, which dropped to a lifetime low on Monday (February 10, 2025).

In Asian markets, Seoul and Tokyo were trading lower while Shanghai and Hong Kong quoted in the positive territory.

U.S. markets ended lower on Friday (February 7, 2025).

Ameya Ranadive, Chartered Market Technician, CFTe, Sr Technical Analyst, StoxBox, said, “Wall Street ended sharply lower on Friday, with benchmark Treasury yields climbing in response to a mixed US payrolls report, disappointing consumer sentiment data, and renewed trade war concerns. US futures declined after President Trump announced he would reveal new steel and aluminum tariffs on Monday, along with reciprocal tariffs aimed at other countries.” Foreign Institutional Investors (FIIs) offloaded equities worth Rs 470.39 crore on Friday, according to exchange data.

“With the dollar index above 108 and the 10-year US bond yield above 4.4%, FIIs will continue to sell the rally, restricting any potential upside.

“It is important to understand that valuations in India continue to be on the higher side, particularly in the broader market. The market needs fundamental triggers like indications on GDP growth and earnings rebound. Until then the market is likely to move only in a range,” V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

Global oil benchmark Brent crude climbed 0.56% to $75.08 a barrel.

Registering its third day of decline on Friday (February 7, 2025), the BSE bellwether gauge dropped 197.97 points or 0.25% to settle at 77,860.19. The Nifty declined 43.40 points or 0.18% to 23,559.95.



Source link

]]>
Markets trade higher in early trade driven by surge in L&T, rally in U.S. equities https://artifex.news/article69162556-ece/ Fri, 31 Jan 2025 06:00:59 +0000 https://artifex.news/article69162556-ece/ Read More “Markets trade higher in early trade driven by surge in L&T, rally in U.S. equities” »

]]>

B-68, MUM-030302, MARCH 03, 2008: Mumbai: BSE Sensex showing certain indices in Mumbai on Monday. Sensex was down 570 points on Monday.
| Photo Credit: PTI

Benchmark indices Sensex and Nifty rallied in early trade on Friday (January 31, 2025) helped by buying in Larsen & Toubro post its earnings announcement and a firm trend in the U.S. markets.

The 30-share BSE benchmark Sensex rallied 188.11 points to 76,947.92 in early trade, a day before the Union Budget. The NSE Nifty climbed 68.6 points to 23,318.10.

Also Read | Parliament Budget Session Day 1 LIVE: Innovation, Inclusion and Investment have been the foundation of our economic roadmap, says PM Modi

From the 30-share blue-chip pack, Larsen & Toubro climbed over 3% after the infrastructure and engineering major reported a 14% rise in consolidated profit after tax to ₹3,359 crore for the December quarter on the back of higher revenue from operations.

Titan, Maruti, Adani Ports, Nestle and Power Grid were the other major gainers.

ITC Hotels, Bharti Airtel, Bajaj Finserv and Bajaj Finance were among the laggards.

“The Budget – expectations and actuals – will influence the market today and tomorrow. Since we are going into the Budget without a pre-Budget rally, the probability of a rally, post Budget, will be high if the Budget delivers on growth stimulating initiatives like cuts in personal income tax.

“But it is important to understand that the impact of the Budget will last only for a few days, at best. The medium to long-term trend of the market will be dictated by GDP and earnings growth,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

In Asian markets, Tokyo traded in positive territory, while Seoul quoted lower. Markets in Shanghai and Hong Kong were closed due to holidays.

U.S. markets ended in the positive zone on Thursday (January 30, 2025).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,582.95 crore on Thursday (January 30, 2025), according to exchange data.

Global oil benchmark Brent crude climbed 0.83% to $77.51 a barrel.

The 30-share BSE benchmark advanced 226.85 points or 0.30% to settle at 76,759.81 on Thursday (January 30, 2025). The Nifty went up by 86.40 points or 0.37% to 23,249.50.



Source link

]]>
Sensex, Nifty rise in early trade on buying in IT stocks, firm global market trends https://artifex.news/article69153592-ece/ Wed, 29 Jan 2025 05:42:54 +0000 https://artifex.news/article69153592-ece/ Read More “Sensex, Nifty rise in early trade on buying in IT stocks, firm global market trends” »

]]>

image for representative purposes
| Photo Credit: The Hindu

Stock market benchmark indices Sensex and Nifty advanced in early trade on Wednesday (January 29, 2025) amid a rally in global peers and buying in IT stocks.

The 30-share BSE benchmark Sensex rose 355.87 points to 76,257.28 in early trade. The NSE Nifty went up by 92.8 points to 23,050.05.

From the 30-share blue-chip pack, Infosys, Zomato, Tata Consultancy Services, Tech Mahindra, HCL Tech, Tata Steel, Tata Motors and Kotak Mahindra Bank were the biggest gainers.

Hindustan Unilever, Nestle, ITC and Asian Paints were among the laggards.

In Asian markets, Seoul and Tokyo were trading in the positive territory. Markets in Shanghai and Hong Kong were closed due to holidays.

U.S. markets ended higher on Tuesday (January 28, 2025).

“The recovery in the market witnessed on Tuesday (January 28, 2025) can continue with resilience in fairly priced financials. However, a sharp rally is unlikely since FIIs will sell at higher levels.

“The market will be looking forward to positive cues in the Budget. The Fed decision is unlikely to influence the market since no change in policy is expected from this meeting,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,920.69 crore on Tuesday (January 28, 2025), according to exchange data.

Global oil benchmark Brent crude dipped 0.15% to $77.37 a barrel.

“The focus is now on the Federal Reserve’s rate decision and the upcoming Union Budget 2025, where measures to boost consumption and growth are expected,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

On Tuesday (January 28, 2025), the BSE benchmark Sensex climbed 535.24 points or 0.71% to settle at 75,901.41. The Nifty went up by 128.10 points or 0.56% to 22,957.25.



Source link

]]>
Sensex, Nifty climb in early trade on global markets rally https://artifex.news/article69134970-ece/ Fri, 24 Jan 2025 05:13:25 +0000 https://artifex.news/article69134970-ece/ Read More “Sensex, Nifty climb in early trade on global markets rally” »

]]>

FIIs offloaded equities worth ₹5,462.52 crore on Thursday (January 23, 2025), according to exchange data File
| Photo Credit: Reuters

Stock market benchmark indices Sensex and Nifty climbed in early trade on Friday (January 24, 2025), tracking a firm trend in global markets.

The 30-share BSE benchmark Sensex climbed 282.35 points to 76,802.73 in early trade. The NSE Nifty went up by 86.7 points to 23,292.05.

From the 30-share blue-chip pack, Power Grid, UltraTech Cement, NTPC, Tata Steel, Asian Paints and Axis Bank were the major gainers.

Tata Motors, Sun Pharma, Zomato and Kotak Mahindra Bank were among the laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory.

U.S. markets ended higher on Thursday (January 23, 2025).

U.S. President Donald Trump on Thursday (January 23, 2025) addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the U.S. while threatening them with tariffs if they don’t.

Addressing the forum’s Annual Meeting here through video conferencing, Mr. Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.

“Throughout the world, food prices went through the roof,” he said, and he took immediate action to control inflation in America.

“I promise to eliminate 10 old regulations for every new regulation… I am going to pass the largest tax cuts in American history to help our people,” he said.

“The strength of the U.S. market with S&P 500 setting yet another record high and the 10-year U.S. bond yield remaining strong around 4.65% will continue to weigh on the Indian market,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,462.52 crore on Thursday (January 23, 2025), according to exchange data.

Global oil benchmark Brent crude dipped 0.19% to $78.14 a barrel.

The BSE benchmark index Sensex rose 115.39 points or 0.15% to settle at 76,520.38 on Thursday (January 23, 2025). The Nifty went up by 50 points or 0.22% to end at 23,205.35.



Source link

]]>
Stock markets rally on firm global trends, spike in Kotak Bank https://artifex.news/article69119205-ece/ Mon, 20 Jan 2025 11:34:15 +0000 https://artifex.news/article69119205-ece/ Read More “Stock markets rally on firm global trends, spike in Kotak Bank” »

]]>

Zomato, Adani Ports, Tata Consultancy Services, Mahindra & Mahindra, Maruti and Tata Motors were among the laggards. File
| Photo Credit: PTI

Benchmark Sensex spurted by 454 points and Nifty closed above 23,300 on Monday (January 20, 2025) following gains in banking stocks, mainly Kotak Mahindra Bank, and firm global trends.

The 30-share BSE Sensex jumped 454.11 points or 0.59% to settle at 77,073.44. Intra-day, it surged 699.61 points or 0.91% to 77,318.94.

The NSE Nifty climbed 141.55 points or 0.61% to 23,344.75 with 29 of its constituents ending higher.

Among Sensex shares, Kotak Mahindra Bank jumped over 9% after the firm posted a 10% growth in its consolidated net profit at ₹4,701 crore, aided by the performance of capital markets-linked arms.

Bajaj Finance, Bajaj Finserv, NTPC, State Bank of India, Power Grid, HDFC Bank, Tech Mahindra and Asian Paints were the other gainers.

However, Zomato, Adani Ports, Tata Consultancy Services, Mahindra & Mahindra, Maruti and Tata Motors were among the laggards.

In Asian markets, Tokyo, Shanghai and Hong Kong settled in the positive territory while Seoul ended lower. Markets in Europe were trading higher. U.S. markets ended in the green on Friday (January 17, 2025).

“A strong positive sentiment from Asian markets bolstered domestic markets, starting the week on a healthy note. Further, a robust initial set of earnings from the banking and financial sectors triggered a broad-based rally, driven by the likelihood of improved earnings in the near future.”

“However, uncertainties surrounding Donald Trump’s policies continue to linger, with investors eagerly waiting for more clarity,” Vinod Nair, Head of Research, Geojit Financial Services, said.

Global oil benchmark Brent crude dipped 0.36% to $80.50 a barrel.

Foreign institutional investors (FIIs) offloaded equities worth ₹3,318.06 crore on Friday (January 17, 2025), according to exchange data.

The BSE benchmark declined 423.49 points or 0.55% to settle at 76,619.33 on Friday (January 17, 2025). The Nifty dropped 108.60 points or 0.47% to 23,203.20.



Source link

]]>