Among stocks, Maruti Suzuki, Asian Paints, ICICI Bank, Bajaj Auto, and HDFC Bank were the top five losers in the opening session, declining 3.8 per cent, 3.8 per cent, 3.7 per cent, 3.6 per cent, and 3.3 per cent, respectively.
Foreign institutional investors (FIIs) remained net sellers in the capital market, as they sold shares worth Rs 1,597.54 crore on Thursday, according to stock exchange data.
Equity benchmark Sensex tumbled over 300 points in early trade on Monday, tracking losses in index majors Infosys, HDFC Bank and ICICI Bank amid concerns over the spread of the Omicron variant in the country and weak cues from global markets.
According to Gaurav Garg, Head of Research, CapitalVia Global Research: "We witnessed a correction in the market and an attempt to hold the level above the Nifty50 Index level of 17,600. Our research suggests that it is going to be crucial for the short-term market scenario to sustain above the 17,450-17,550 Nifty50 Index support zone."
According to Likhita Chepa, senior Resaerch Analyst, CapitalVia Global Research: "Sentiments got boost as government has approved a big-bang relief package for the stressed telecom sector."
The 30-share Sensex closed 514.33 points or 0.90 per cent higher at 57,852.54, and Nifty surged 157.90 points or 0.92 per cent to 17,234.15.
Rising for the fourth session on the trot, the 30-share BSE Sensex soared 662.63 points or 1.16 per cent to its fresh record close of 57,552.39. It touched a lifetime high of 57,625.26 during the session.
The next 1,000 points-level was scaled in less than a week as the benchmark climbed the 56,000-peak for the first time in intra-day on August 18.
Tata Steel was the top gainer in the Sensex pack, rising around 1 per cent, followed by NTPC, L&T, HDFC, Nestle India, ICICI Bank and Bajaj Finserv.
The top gainers on the Sensex were Bharti Airtel, Tech Mahindra and Kotak Mahindra Bank.
The key Indian equity indices surged on Wednesday morning with the BSE Sensex crossing the 54,000-mark for the first time ever.
Notably, strong buying was seen in quality mid-cap and small-cap stocks after the recent fall, while volatility index contracted by 5 per cent.
The broader NSE Nifty inched 2.80 points or 0.02 per cent higher to close at 15,692.60. Meanwhile, gold on Monday dipped Rs 169 to Rs 46,796 per 10 gram.
Equity benchmark Sensex plunged nearly 600 points in early trade on Monday, tracking losses in index-heavyweights ICICI Bank, SBI and L&T amid a steep correction in global equities.
Including the current bull market rally which is on, India has had six bull markets over the past three decades.
The key Indian equity indices continued their record run on Tuesday.The BSE Sensex touched a fresh high of 52,836.31 and the Nifty50 on the National Stock Exchange hit an all-time high of 15,889.60 points.
Equity benchmark Sensex rose 77 points to close at its all-time high on Monday, while the 30-share BSE index ended 76.77 points or 0.15 per cent higher at 52,551.53. Meanwhile, gold plunged Rs 464 to Rs 47,705 per 10 grams.
Equity benchmark Sensex climbed 174 points to close at its all-time high on Friday. Meanwhile, gold prices rose Rs 441 to Rs 48,530 per 10 gram.
The Indian stock market reached new milestones on Friday morning with both the BSE Sensex and the Nifty50 on the National Stock Exchange touching fresh record highs.
Equity benchmark Sensex rallied 613 points to settle above the 50,000-mark on Tuesday. Meanwhile, gold rose by Rs 333 to Rs 47,833 per 10 gram
The 30-share BSE index ended 848.18 points or 1.74 per cent higher at 49,580.73, and the broader NSE Nifty soared 245.35 points or 1.67 per cent to 14,923.15.
Mumbai: The key Indian equity indices declined on Friday with the BSE Sensex plummeting around 750 points. Heavy selling pressure was witnessed in banking and finance stocks. Around 2.35 p.m.,…
Mumbai: Extending its losses the BSE Sensex declined over 1,500 points in line with global selloff. Around 11.33 a.m., Sensex was trading at 49,517.48, lower by 1,521.83 points or 2.98 per cent from the previous close of 51,039.31. It opened at 50,256.71 and has touched an intra-day high of 50,400.31 and a low of 49,507.46 […]
Mumbai: The BSE Sensex soared over 2,000 points on Monday afternoon after Finance Minister Nirmala Sitharaman completed her first digital presentation of the Union Budget for FY21-22. Around 1.50 p.m., Sensex was trading at 48,346.88, higher by 2,061.11 points or 4.45 per cent from its previous close of 46,285.77 points. The Nifty50 on the National […]
Mumbai: The Nifty50 on the National Stock Exchange (NSE) crossed the psychological mark of 14,500 points for the first time, amid a largely choppy trade on Tuesday. The indices largely traded on a flat note during the day. The Nifty has touched an all-time high of 14,510.05 points. The BSE Sensex also hit an all-time […]
Mumbai: Indian equity markets posted healthy recovery after an intra-day slide as investors took the opportunity to ‘buy on decline’. In the intra-day, market opened with a ‘gap up’ as positive macro indicators and vaccine advances in India buoyed sentiments. Consequently, the S&P BAE Sensex crossed the 48,000-mark. However, the market could not sustain itself […]
Mumbai: Extending its winning run to the sixth session, equity benchmark Sensex advanced 70 points to end at a new record on Friday following gains in Infosys, ICICI Bank, TCS and Reliance Industries. After opening at its lifetime intra-day high of 47,026.02, the 30-share BSE index pared some gains to finish at 46,960.69, up 70.35 […]
Mumbai: Optimism over the introduction of an Civod-19 vaccine in India along with continued foreign fund inflows boosted the Indian stock markets on Tuesday. In terms of global cues, positive development over US President-elect Joe Biden’s team getting a formal go-ahead to begin the transition process boosted investor sentiments. Back home, broad based buying took […]
Mumbai: The BSE Sensex and the Nifty50 on the National Stock Exchange (NSE) hit fresh all-time highs on Wednesday, before settling at record closing levels. Sensex touched an all-time intra-day high of 44,215.49 points during the fag end of the trade as the market rebound after a choppy first half. It closed above the 44,000-mark […]
Mumbai: Indian equity indices, BSE Sensex and NSE Nifty50 ended the day with record closing highs after touching fresh intra-day highs on Tuesday, driven by banking, finance and metal stocks, as encouraging data from another COVID-19 vaccine trial bolstered investor sentiment. A recovering rupee added to the buying momentum, traders said. After touching its lifetime […]
Mumbai: BSE Sensex crossed the psychological 43,000-mark for the first time on Tuesday as bull run continued on the Indian indices in line with a positive trend in the global markets, after pharmaceutical major Pfizer said its experimental Covid-19 vaccine was more than 90 per cent effective based on initial trial results. Healthy buying was […]
Mumbai: Snapping its 10-session winning run, equity benchmark Sensex plunged 1,066.33 points on Thursday as investors pressed the exit button amid a massive selloff in global markets. The 30-share BSE index plummeted 1,066.33 points or 2.61 per cent to end at 39,728.41. The broader NSE Nifty crashed 290.70 points or 2.43 per cent to 11,680.35. […]
Mumbai: Domestic equity benchmark Sensex rallied 364 points on Monday, driven by strong buying in financial counters amid a positive trend in global equities and sustained foreign fund inflows. The BSE Sensex ended 364.36 points or 0.95 per cent higher at 38,799.08. The NSE Nifty jumped 94.85 points or 0.83 per cent to 11,466.45. Kotak […]
Mumbai: Domestic equity benchmark Sensex tumbled over 300 points in early trade on Thursday tracking selloff in global markets after US Fed’s gloomy economic outlook spooked investors. The BSE Sensex was trading 344.53 points or 0.89 per cent lower at 38,270.26; while NSE Nifty was down 92.80 points or 0.81 per cent at 11,315.60. ICICI […]
Mumbai: The Indian share market plunged on Thursday with the BSE Sensex falling over 800 points and the NSE Nifty50 falling below the 9,200 mark. The initial announcements under the Rs 20 lakh crore economic package failed to boost the investor sentiments. Further, weakness in the global markets also weighed on the domestic indices, analysts […]
Mumbai: The key Indian equity indices opened on a positive note on Monday, with the BSE Sensex increasing over 500 points, to trade over the psychological 32,000-mark. The surge in the domestic market was in line with the Asian indices. Market sentiments have been boosted on hopes of reopening of the global economies. At 10.09 […]
Mumbai: Indian stock market witnessed a freefall on Tuesday with both the BSE Sensex and the Nifty50 closing below the psychological levels of 31,000 and 9,000, respectively. The Sensex lost over 1,000 points by the end of the day’s trade. Weakness in the domestic indices was in line with the bear run across the global […]
Mumbai: Freefall in the Indian stock markets resumed on Friday as both Nifty50 on the National Stock Exchange and the BSE Sensex hit their lower circuit and trading was halted for the next 45 minutes. The BSE Sensex fell over 3,000 points to trade at below the 30,000 mark. The index is currently at 29,687.52, lower […]
Mumbai: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points. The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic. Stocks of Reliance Industries registered the biggest fall in […]
Mumbai: The Indian equity indices slumped on Friday morning, with the BSE Sensex falling over 1,450 points. The slump across the sectoral indices was led by the finance and banking stocks as the Reserve Bank of India on Thursday superseded the board of directors of Yes Bank and placed it under moratorium. Persistent fears of […]
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