Tag: Indian Market

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 […]

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, […]

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 […]