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Tag: Indian Market

Startup Venture
75% Of Indian Startups Recovering After Lockdown: Report

New Delhi: India’s startup ecosystem is recovering faster than expected as a new report on Wednesday said that investor interest is quickly getting back to pre-Covid levels while 75 per cent of start-ups are gradually, but steadily, recovering. This is despite the fact that the Covid-19 jolted the India startup ecosystem across multiple dimensions and […]

Sensex crashes over 1,100 pts on global rout; Rs 5 lakh cr investor wealth wiped off

Mumbai: Market benchmark Sensex plummeted over 1,100 points, wiping off over Rs 5 lakh crore investor wealth, in opening session on Friday amid a massive selloff in global equities as rising coronavirus cases outside China stoked fears of a pandemic that could dent world growth. The 30-share index sank 1,100.27 points, or 2.77 per cent, […]

Sensex Slips 106 Points On Inflation, Coronavirus Worries

Mumbai: Indian markets closed lower on Thursday along with major world indices over a sharp rise in coronavirus-related deaths in China. Increase in retail inflation and prices of LPG cylinder also dampened the investors’ mood further. China’s Hubei province, the epicentre of the coronavirus outbreak, reported 242 new deaths, double the previous day’s toll. The […]

Sensex Opens Over 150 Pts Higher On First Day Of 2020; RIL Top Gainer

Mumbai: Equity benchmark BSE Sensex jumped over 150 points in the opening session on the first day of 2020, tracking buying in index heavyweights Reliance Industries, HDFC twins, ICICI Bank, L&T and Axis Bank. After rising 164 points in early trade on Wednesday, the 30-share BSE index was quoting 131.47 points or 0.32 per cent […]

Sensex Tops 41,800, Hits New High

Mumbai: The benchmark Sensex touched a record high of 41,809.96. It was the fourth consecutive session on Friday when the Dalal Street recorded a fresh high. The BSE Sensex opened over 100 points higher. At 11.15 a.m., it traded at 41,737.34, higher by 63.42 points. The Nifty advanced 23.15 points to 12,282.85. Sensex opened at […]

Sensex Slips Over 126 Pts; Metal Stocks Drag

Mumbai: The BSE benchmark Sensex on Tuesday fell over 126 points, dragged mainly by losses in metal stocks, tracking weak global sentiments in the wake of slapping of tariffs by the US on imports from Brazil and Argentina. The 30-share BSE gauge settled at 40,675.45, down 0.31 per cent or 126.72 points. The index swung […]

Sensex, Nifty Open At Record Peaks Ahead Of F&O Expiry

Mumbai: Domestic equities opened at their record peaks as BSE Sensex jumped over 143 points to 41,164 in early trade on Thursday tracking gains in index-heavyweights TCS, ICICI Bank and L&T ahead of November derivatives expiry. After hitting its life-time high, the 30-share index pared some gains to trade 52.93 points or 0.13 per cent, […]

Sensex Tops 41K Mark For The First Time

Mumbai: The benchmark Sensex on Tuesday surpassed the 41,000 mark during the early trade and touched a lifetime high of 41,120.28. At 10.18 a.m., the Sensex was up 67.87 points at 40,957.10 while the Nifty traded 21.65 higher at 12,095.40. The broader Nifty logged an intra-day high of 12,132.45. Zee Entertainment traded over 6 per […]

Sensex, Nifty Open On A Cautious Note; IT Stocks Fall

Mumbai: Domestic equity benchmarks opened on a cautious note on Friday tracking weakness in index-heavyweight IT stocks amid mixed global cues. After opening on a positive note, the 30-share index turned choppy to trade 15.89 points, or 0.04 per cent, lower at 40,559.28. Similarly, the broader Nifty slipped 20.45 points, or 0.17 per cent, to […]

Sensex Ends Marginally Higher Amid Volatility

Mumbai: Domestic stock markets continued its ups and downs this week, albeit Sensex closed with a slight gain. However, Nifty remained below last week’s closing. The softening in Wholesale Price Index (WPI) has raised the possibility that the Reserve Bank of India (RBI) may cut key interest rates further, leading to a rebound in the […]

Sensex Rises Over 200 Pts On Firm Global Cues

Mumbai: Equity benchmark BSE Sensex jumped over 200 points in early trade on Friday tracking gains in banking, auto and energy stocks amid positive cues from global markets. The 30-share index was trading 206.79 points, or 0.51 per cent, higher at 40,493.27, while the broader NSE Nifty rose 55.05 points, or 0.46 per cent, to […]

Sensex, Nifty End At Record Levels; Realty Stocks Up

Mumbai: Despite weakness in the Indian economy, the equity markets continued to hit record levels in expectation of a revival. Nifty Realty index jumped by 0.88 per cent after Finance Minister Nirmala Sithraman, announced a Rs 25,000 crore fund relief fund for distressed homebuyers. The benchmark Sensex closed at record level while the Nifty closed […]

Sensex Rallies 200 Points To Hit Fresh High; Nifty Above 12,000

Mumbai: Market benchmark BSE Sensex jumped over 200 points to hit its lifetime high of 40,676 in early session on Thursday led by gains in index heavyweights HDFC, ITC and RIL, as positive domestic cues boosted investor sentiment. The 30-share index was trading 202.93 points, or 0.50 per cent, higher at 40,672.71. Similarly, the broader […]

Sensex Hits Record Peak Of 40,435; Nifty Nears 12K

Mumbai: Market benchmark BSE Sensex rallied over 269 points to hit its intra-day peak of 40,434.83 in early trade on Monday led by gains in ICICI Bank, RIL, ITC, TCS and HDFC Bank amid positive global cues and unabated foreign fund inflow. Similarly, the broader NSE Nifty advanced 75.85 points to 11,966.45, inching closer to […]

Sensex hits record intra-day high at 40,390 pts; IT stocks up

Mumbai: A massive inflow of foreign funds on the back of positive global cues along with expectations of further economic reforms like reduction in certain taxes and healthy quarterly results lifted the S&P BSE Sensex to touch a new intra-day record high of over 40,300 points on Thursday. The Sensex touched a record intra-day high […]

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai
Sensex falls 298 points, HDFC Bank, SBI down over 2%

Mumbai: The benchmark Sensex settled 298 points lower, dragged by heavweight banks — State Bank of India and HDFC Bank — which lost over 2 per cent ahead of the start of the second quarter result season on Thursday. The Sensex closed 297.55 points lower at 37,880.40 while the Nifty ended at 11,234.55 lower by […]

India Inc. Double Cheers Govt's Rs 1.45L Cr Stimulus

New Delhi: India Inc. on Friday double cheered the government’s Rs 1,45,000 crore stimulus, which includes slashing corporate tax to 22 per cent for domestic companies, lower tax of 15 per cent for new manufacturing firms and measures to boost the capital market. “We welcome the Finance Minister’s proposition of slashing corporate tax, scrapping surcharge […]

BSE Sensex
Sensex Rises 83 Pts; Energy, Metal Stocks Climb

Mumbai: Market benchmark BSE Sensex rose 83 points on Wednesday, led by gains in energy, metal and power stocks as global crude oil prices eased and rupee recovered against the dollar. After a rangebound session, the 30-share index ended 82.79 points, or 0.23 per cent, higher at 36,563.88. The index hit an intra-day high of […]

Sensex Falls Over 100 Pts; Bank, Energy, IT Stocks Drag

Mumbai: Domestic equity benchmark BSE Sensex dropped over 100 points in early session on Tuesday, dragged by banking, energy and IT stocks, amid weak global cues. The 30-share index was trading 147.66 points, or 0.40 per cent, lower at 36,975.65 at 0930 hours, while the broader Nifty fell 43.30 points, or 0.39 per cent, to […]

Market Starts On A Tepid Note; Nifty Slips Below 11,000

Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a negative note on Wednesday as investors remained risk averse due to uncertainties over economic growth. The 30-share index was trading 65.72 points, or 0.18 per cent, lower at 37,262.29. The broader Nifty dropped below the 11,000 level, falling 19 points, or 0.17 per […]

Markets range-bound over weak global cues

Mumbai: Key equity indices opened marginally higher but turned range-bound on Tuesday over weak global cues and increasing nervousness owing to the ongoing general elections. Markets saw a lack of participation owing to the heightened US-China trade tension. China on Monday retaliated with $60 billion tariffs against $200 billion worth of tariffs that US slapped […]

India is YouTube's fastest growing market: Pichai

San Francisco: India offers great potential for Google-owned YouTube’s growth and the latest in the journey is YouTube Music that has been downloaded more than 15 million times in the country, CEO Sundar Pichai has said. Admitting that recent ad product changes in YouTube and Search are hurting its top-line growth, the company sounded bullish […]

YouTube reaches 265 million users in India

Mumbai: Google-owned YouTube on Tuesday announced that India was its largest and fastest growing audience in the world with more than 265 million monthly active users. “India is now both our biggest audience and one of our fastest growing audiences in the world. YouTube today has become the first stop for users to consume content, […]

Amazon unveils new Echo smart home devices in India

New Delhi: Amazon on Thursday refreshed its line-up of Echo smart home devices and also introduced an Echo companion device for the Indian market. The new Echo devices are currently available for pre-order on Amazon.in and can be experienced first-hand, exclusively at the “Amazon Festive Home”. Amazon Echo devices are smart speakers designed around users’ […]

Zebra Technologies unveils new scanner

New Delhi: Zebra Technologies on Wednesday unveiled a new scanner for grocers, discount chains and warehouse clubs to accelerate checkout lines for the Indian market. Starting at $1,795 (about Rs 1,18,000), “MP7000” — multi-plane 1D/2D imager — is an intelligent illumination system which, on an average, consumes up to 60 per cent less power than […]