Tag: Indian Market

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]