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: 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: Market benchmark BSE Sensex dropped over 100 points and the NSE Nifty slipped below the 12,000 mark on Friday after Moody’s Investors Service lowered India’s credit rating outlook citing concerns over the country’s economic growth. The rupee also depreciated 30 paise against the US dollar to trade at 71.27 in early session. The 30-share […]
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: 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: 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 […]
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: 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: Equity benchmark BSE Sensex jumped over 100 points in early trade on Tuesday led by gains in Tata Motors, RIL and TCS, amid foreign fund inflow. After hitting a high of 39,393.12, the 30-share index was trading 106.37 points, or 0.27 per cent, higher at 39,356.57 in morning trade, and the broader NSE Nifty […]
Mumbai: Equity benchmark BSE Sensex rose 95 points on Wednesday, led by gains in IT and auto stocks, amid mixed cues from global markets. After swinging over 330 points in a choppy session, the 30-share BSE Sensex ended 94.99 points, or 0.24 per cent, higher at 39,058.83. It hit an intra-day high of 39,196.67 and […]
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: Indian markets gained during the early trade on Friday as investors bought company shares with significant business in Britain after EU and Britain reached a new Brexit. Sensex extended gains after it surpassed the 39,000 mark on Thursday. At 10.21 a.m., it was up 133.25 points higher at 39,185.31. It opened with marginal gains […]
Mumbai: Sensex and Nifty closed with sharp gains, most of which came during the second half of the trade session on Thursday after the Brexit uncertainty troubling the global markets seemed to have come to an end. Foreign media cited statements from British Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker according to […]
Mumbai: Indian markets opened higher on Wednesday led by gains in banks and financial sector stocks amid supportive global markets. At 9.45 a.m., the Sensex was trading 121.86 points higher at 38,627.95. It opened at 38,637.05 from its previous close of 38,506.09. The broader Nifty also gained 47 points to trade at 11,461.55 points in […]
Mumbai: Equity benchmark BSE Sensex rose over 150 points on Monday led by gains in HDFC Bank, ITC and HUL, amid positive global cues and foreign fund inflow. After opening on a volatile note, the 30-share index swung over 200 points in early trade. It was trading 105.79 points, or 0.28 per cent, higher at […]
Mumbai: Equity benchmark BSE Sensex rallied over 400 points on Friday following positive cues from global markets on hopes of a trade deal between the US and China. The 30-share index was trading 414.38 points, or 1.09 per cent, higher at 38,294.78 at 0940 hours. Similarly, the broader NSE Nifty jumped 116.15 points, or 1.03 […]
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: Equity benchmark BSE Sensex dropped over 150 points on Thursday tracking losses in banking stocks amid unabated foreign fund outflow. The 30-share index was trading 170.98 points, or 0.45 per cent, lower at 38,006.97 at 0930 hours. Similarly, the broader NSE Nifty fell 48.60 points, or 0.43 per cent, to 11,264.70. Top losers in […]
Mumbai: Equity benchmark BSE Sensex plummeted 434 points on Friday, dragged by heavy losses in banking stocks after the RBI slashed the country’s economic growth outlook for this fiscal. In its fourth bi-monthly policy review, the central bank also reduced its benchmark lending rate by 0.25 per cent to revive growth that has hit a […]
Mumbai: Equity benchmark BSE Sensex jumped over 250 points in early trade on Friday, driven by gains in banking and financial stocks ahead of the Reserve Bank’s bi-monthly policy review. The 30-share index was trading 258.60 points, or 0.68 per cent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 per […]
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 […]
Mumbai: The key Indian equity indices opened on a negative note on Monday, with the BSE Sensex trading over 300 points lower. The domestic stock market traded in tandem with the Asian markets following reports that the US was considering delisting Chinese companies from the American stock exchanges among other steps, thereby escalating the trade […]
Mumbai: India’s forex reserves declined by USD 388 million to USD 428.572 billion for the week ended September 20 due to a slide in core currency and gold assets, the Reserve Bank said on Friday. The overall reserves had declined by USD 649 million to USD 428.960 billion in the previous reporting week. They had […]
Mumbai: Market benchmark BSE Sensex zoomed 396 points on Thursday, driven by gains in index heavyweights ICICI Bank, RIL, L&T and Maruti as September series derivatives expired amid positive cues from global markets. After rallying 565 points during the day, the 30-share Sensex ended 396.22 points, or 1.03 per cent, higher at 38,989.74. The broader […]
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: Market benchmark BSE Sensex skyrocketed by 1,075 points to close at more than two-month high on Monday, extending its bull run for a second straight day on the back of gains in financial, banking and FMCG stocks after the tax booster by the government. The broader NSE Nifty zoomed by 326 points or 2.89 […]
Mumbai: Bull run in the domestic stock markets continued for the second straight day as the BSE Sensex rose over 1,200 points on Monday. The corporate tax cut rate announced on Friday that was dubbed as mother of all measures to combat slowdown continued to boost the investor sentiments. At 12.37 p.m., the Sensex was […]
Mumbai: Domestic equity benchmark BSE Sensex skyrocketed over 1600 points in morning session on Friday after Finance Minister Nirmala Sitharaman announced a slew of measures to revive the ailing economy. In a major booster to the market, the government has decided to not levy the enhanced surcharge introduced in the Budget on capital gain arising […]
New Delhi: The key Indian equity indices slumped over 1 per cent on Thursday with the BSE Sensex closing 470 points lower, owing to heavy selling in oil, metal and IT stocks amidst mixed global cues. Selling acitivity was witnessed across sectors and the key indices remained in the red throughout the day. Stock-wise, Yes […]
Mumbai: Domestic equity benchmark BSE Sensex jumped over 100 points in early session on Friday, driven by by gains in IT and auto stocks, amid positive domestic and global cues. After touching a high of 37,244.34, the 30-share index pared most gains to trade 9.23 points, or 0.02 per cent, higher at 37,113.51 at 0950 […]
Mumbai: Domestic equity benchmark BSE Sensex advanced 150 points in early session on Thursday, driven by gains in banking, metal and energy stocks, ahead of key macroeconomic data releases. After touching a high of 37,421.13, the 30-share index was trading 129.68 points, or 0.35 per cent, higher at 37,400.50 at 0940 hours, while the broader […]
Mumbai: The Sensex on Monday fell by 175 points during the early trade after it opened marginally lower. The decline was led by automobile companies, however, FMCG and pharma stocks gained. At 9.19 a.m., the Sensex traded 175.19 points lower at 36,806.58, from its Friday’s close of 36,981.77. The broader Nifty traded 41.80 points lower […]
Mumbai: Domestic equity benchmark BSE Sensex advanced over 200 points in early session on Friday, led by gains in index heavyweights Infosys and RIL, amid positive cues from global markets. After rising 223 points, the 30-share index was trading 164.05 points, or 0.45 per cent, higher at 36,808.47 at 0930 hours, while the broader Nifty […]
Mumbai: The Sensex opened over 100 points higher on Thursday, lifted by relatively positive global cues. At 9.55 a.m., the Sensex was trading at 36,848.19, higher by 123.45 points after the benchmark index opened at 36,821.71 from its previous close of 36,724.74. The Nifty was trading at 10,897.55, higher by 52.90 points. Meanwhile, Foreign Institutional […]
Mumbai: Sensex and Nifty turned choppy after opening slightly higher on Wednesday. The benchmark Sensex opened at 36,575.24 from its Tuesday’s close of 36,562.91. At 10.01 a.m., the Sensex was up 34.25 points or 0.09 per cent at 36,597.16. The Nifty was up 4.90 points or 0.05 per cent at 10,802.80. Nifty PSU Bank and […]
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: Domestic equity benchmark BSE Sensex jumped over 200 points and the Nifty reclaimed the 11,000 level in early trade on Friday led by gains in financial and energy stocks amid positive global cues. The 30-share index was trading 205.70 points, or 0.55 per cent, higher at 37,274.63 at 0930 hours, while the broader Nifty […]
Mumbai: Benchmark indices nursed losses for the second straight session on Thursday, dragged by heavy selling in banking and financial stocks, as August series derivatives expired amid tepid global cues. After a highly volatile session, the 30-share BSE Sensex ended 382.91 points, or 1.02 per cent, lower at 37,068.93. Similarly, the broader NSE Nifty shed […]
Mumbai: Domestic equity benchmark BSE Sensex opened over 150 points higher on Tuesday led by gains in index heavyweights L&T, ICICI Bank, SBI and HDFC Bank amid positive domestic and global cues. The 30-share index was trading 123.95 points, or 0.33 per cent, up at 37,618.07 at 0930 hours, while the broader Nifty rose 43.45 […]
Mumbai: Benchmark stock indices Sensex and Nifty saw their best day in over three months on Monday, buoyed by the government move to withdraw additional surcharge on foreign investors and initiate measures to revive the economy. The BSE gauge Sensex settled with a gain of 2.16 per cent or 792.96 points; while the NSE Nifty […]
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