Mumbai: Optimism over Prime Minister Narendra Modi’s new cabinet drove the markets near its peak on Friday led by IT, banking and financial companies. At 9.54 a.m., the S&P BSE Sensex was trading 273.74 points or 0.69 per cent higher at 40,105.71. The Nifty was 87.40 points or 0.73 per cent up at 12,033.30. On […]
Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher but immediately on commencement of trading, both the indices were quoting in red, ahead of the Reserve Bank of India’s bi-monthly monetary policy announcement. The Sensitive Index (Sensex) of the BSE, which had closed at 40,083.54 on Tuesday, […]
Mumbai: The key Indian equity indices opened on a positive note ahead of the presentation of the Economic Survey in Parliament. The Economic Survey will show the situation of the country’s economy and its several segments and talk about the issues it may face in future. At 9.35 a.m., the BSE Sensex traded at 39,917.74, […]
Mumbai: The key Indian equity indices opened on a positive note on Friday with the BSE Sensex trading over 260 points. The gains were led by healthy buying in banking and auto stocks. Rise in the global markets also supported the global sentiments. At 9.29 a.m., the Sensex traded at 37,588.33, higher by 260.97 points […]
Mumbai: Investor panic over the country’s lower than expected GDP growth figure of 5 per cent in the first quarter ending June, released last week, led the key market indices to decline by over 2 per cent on Tuesday. Consequently, the India ‘VIX’, or the volatility index — the market expectation of volatility over the […]
Mumbai: Equity benchmark BSE Sensex plummeted 504 points on Wednesday tracking heavy losses in banking and auto stocks as investors turned jittery over geopolitical uncertainties and global slowdown concerns. After sinking 586 points during the day, the 30-share index ended 503.62 points, or 1.29 per cent, lower at 38,593.52. The broader NSE Nifty plunged 148 […]
Mumbai: Equity benchmarks BSE Sensex and NSE Nifty stared on a tepid note on Wednesday amid weak cues from global markets and foreign fund outflow. The 30-share index was trading flat at 38,963.28 in morning trade, and the broader NSE Nifty slipped 3.40 points, or 0.02 per cent, to 11,584.95. Other losers in the Sensex […]
Mumbai: Equity benchmark Sensex surged nearly 530 points to scale a new closing peak of 40,889.23 on Monday, buoyed by renewed optimism over US-China trade deal and government’s divestment measures to curb the fiscal deficit. Further, reconstruction of Sensex indices and hopes of a rate cut by the Reserve Bank in the upcoming monetary policy […]
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: 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 […]
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