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Tag: Market

Sensex Nears Life-Time High Despite Stagflation Fears

Mumbai: India’s benchmark index Sensex traded near its life-time highs on Friday after signs of easing in US and China trade tension. The Sensex hit an intraday high of 41,030.92 — a little over 100 points away from a record high of 41,163.79. Global equities were trading on a firm note on Friday after reports […]

Sensex Opens Over 100 Points Higher, Yes Bank Jumps 5%

Mumbai: Sensex and Nifty opened higher on Tuesday over firm global cues and slightly better than expected earning results so far. Meanwhile, Yes Bank shares jumped nearly 5 per cent after marquee investor Rakesh Jhunjhunwala picked up nearly 1.3 core shares of the private bank. Sensex opened at 40,445.67, from its Monday’s close of 40,301.96 […]

80 Cracker Shops Sealed In Odisha For Flouting Safety Norms

Berhampur: In a major crackdown on illegal sale of cracker ahead of Diwali, local administration officials sealed as many as 80 shops at Balunkeswar cracker market in Berhampur. As per reports, the stringent action was taken by the administration on charges of flouting of rules laid out by the Supreme Court of India. The Fire […]

Sensex Drops 155 Pts, Nifty Slips Below 11,500

Mumbai: Equity benchmark Sensex fell over 155 points on Monday to close at 38,667.33 due to a massive sell-off in banking stocks as investors turned cautious on the financial services space. Likewise, the NSE gauge Nifty shed 38 points to close below the psychologically key 11,500-mark. Starting the session marginally higher, the 30-scrip Sensex soon […]

Markets open on a positive note

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 37,233.50 and touched a high of 37,250.07 and a low of 36,043.73 after closing at 36,958.16 on Saturday. It was trading at 37,094.31 up by 136.15 points or 0.37 per cent. On the other hand, […]

Sensex loses 580 points in early trade

Mumbai: The benchmark Sensex fell over 580 points on Monday over sustained outflow of foreign funds and poor global investor sentiments. Global markets came under further stress after China vowed to respond to the US tariffs it announced last week, sending shockwave across world financial markets. The Sensex was down 582.64 points to 36,535.58 during […]

Sensex opens flat, Yes Bank tanks 10%

Mumbai: Sensex traded slightly lower after opening on a flat note on Thursday. At 10.14 a.m., the Sensex was trading 55.45 points lower at 39,160.19. It opened at 39,204.47 from its Wednesday’s close 39,215.64. The Nifty was trading 20.10 points lower at 11,667.40. Yes Bank was the top loser, down over 10 per cent on the […]

Sensex opens tad higher as Wipro, Yes Bank, Mindtree results awaited

Mumbai: The Sensex on Wednesday opened slightly higher above the 39,000 mark as result of several corporate biggies were awaited. Corporate earnings of companies like Yes Bank, Wipro and Mindtree will be announced later in the result-heavy day. At 9.17 a.m., the Sensex was down 45.84 points at 39,085.20, while the broader Nifty was at […]

Sensex up 139 pts, Nifty above 11,540

Mumbai: The Sensex and Nifty opened higher on Thursday after US Federal Reserve Chairman Jerome Powell hinted at a rate cut. Earlier, owing to strong job data from the US had faded hope of an aggressive rate cut. Analysts said that a rate cut was positive for the emerging markets like India. At 10.08 a.m., the […]

Markets open in the red on Wednesday

Mumbai: The 30-scrip Sensitive Index (Sensex) opened on a negative note during the morning session of the trade on Wednesday. Opening at 39,379.13 points, the BSE Sensex touched a high of 39,413.14 points and a low of 39,319.64 points. On Tuesday, the Sensex closed at 39,434.94 points. The Sensex is trading at 39,426.74 down by […]

Sensex slips below 38K

Mumbai: Sensex on Friday opened on a firm note but shed most of its gains to trade just over 100 points higher. The Sensex at 10.40 a.m., was trading 113.41 points or 0.29 per cent higher at 38,924.80 after advancing by over 400 points earlier. The Nifty was up 31.25 points or 0.27 per cent […]

Elections 2019: What is the Indian stock market telling us?

With elections nearing, analysts and experts are busy making assessments about its outcome. But if markets were to be believed, it seems that the participants are factoring in a stable government and a clear majority. Markets were on a roll in the last week and gained on all five days even though Thursday’s gains could […]

Equity indices open in green, Sensex up 200 points

Mumbai: The key Indian equity indices opened on a positive note on Friday with the BSE Sensex gaining over 200 points, taking cues from the major Asian markets. Healthy buying in the banking and finance stocks also lifted the domestic equity indices. At 9.27 a.m., the Sensex traded at 37,958.97, higher by 204.08 points or 0.54 […]

Oil prices rise after sharp declines

New York: Oil prices continued to rise slightly on Friday after slumping over 2 per cent earlier this week. The West Texas Intermediate (WTI) for September delivery rose $0.45 to settle at $65.91 a barrel on the New York Mercantile Exchange, while Brent crude for October delivery rose $0.40 to close at $71.83 a barrel […]

Mallya barred from markets for three more years: Sebi

New Delhi: Market regulator Securities and Exchange Board of India (Sebi) on Friday ordered that absconding business tycoon Vijay Mallya shall continue to be restrained from accessing the securities market for a further three years. According to a Sebi order in “the matter of fund diversions and or improper transactions in United Spirits”, Mallya has […]

Markets open on a negative note on Wednesday

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. Later the Sensex move to a positive region. The Sensex of the BSE after opening at 36,161.62 points touched a high of 36,163.68 and a low of 36,085.68 points. On Tuesday the Sensex closed at 36,139.98 […]

Rupee movement, inflows of funds to guide Indian equities

Mumbai: Aiming to retain their psychologically- significant levels, key Indian equity indices will seek direction from the movement of the rupee, influx of foreign funds and global macro-economic data during the trade week starting March 20. “With no major domestic triggers or events in the coming week, investors should continue to keep an eye on global […]

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Markets head for positive opening on Tuesday following elections' outcome

Mumbai: Following the outcome of elections to five state assemblies, market analysts have predicted a positive opening for the Indian equity markets on Tuesday. With the BJP set to return to power in Uttar Pradesh (UP) after 15 years and the Congress gaining the lead in Punjab, market observers were of the view that the victory […]