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File. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty closed lower on May 28 in highly volatile trade, extending their losing run to the third day in a row as investors opted for profit-taking amid uncertainty ahead of the results of Lok Sabha polls. After gyrating between gains and losses during the day,…
Read More “Stock markets decline for third day in volatile trade ahead of poll results” »
A recovery in rural stocks is also welcome news for India’s broader stock market (Representational) Stocks of Indian firms that earn a large chunk of their revenues from the nation’s hinterland are showing signs of a revival, as traders bet that bountiful monsoon rains will lead to better crop yields and boost rural demand. Motorcycle…
Read More “A Heavy Monsoon Season Is Great News For These Indian Stocks” »
File. | Photo Credit: PTI Equity benchmark indices climbed in early trade on May 14 amid buying in Reliance Industries, State Bank of India and as retail inflation eased to an 11-month low of 4.83% in April. The 30-share BSE Sensex climbed 225.92 points to 73,002.05 in early trade. The NSE Nifty went up by…
Read More “Stock Market News: Markets climb in early trade as retail inflation eases in April” »
The BSE benchmark Sensex tanked 609.28 points or 0.82% to settle at 73,730.16 on Friday. File. | Photo Credit: Reuters Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 level on April 29 on the back of buying in banking and infra shares and a global stocks rally. The…
Read More “Markets rebound sharply on buying in bank stocks firm global trends” »
Commuters walk in front of the Bombay Stock Exchange building. File. | Photo Credit: ANI Equity benchmark indices Sensex and Nifty ticked higher for the fourth straight session on April 24, helped by buying in metal and commodity stocks amid a positive trend in global equities. However, intense selling pressure on telecom, IT and tech…
Read More “Sensex, Nifty climb on firm trend in global markets” »
File. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty closed higher for the third session in a row on April 23, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. After rallying over 400 points, the 30-share BSE Sensex ended 89.83 points or 0.12% higher…
Read More “Markets climb for third day on firm global cues” »
Equity benchmark indices Sensex and Nifty faced heavy volatility on April 18 and ended lower, taking their losing streak to the fourth straight session, dragged by bank stocks and foreign fund outflows. Concerns over fading rate cut hopes and persisting FII fund exodus from domestic equities also dampened investors’ sentiment. The 30-share BSE Sensex declined…
Read More “Markets face heavy fluctuations; settle lower taking downtrend to 4th day” »
From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, and Larsen & Toubro were the major laggards. File. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty continued to slump on April 16 dragged down by heavy selling in IT stocks amid weak global…
Read More “Markets slump for third day on fears of escalating tensions in Middle East” »
Stock markets took a beating on April 15 with benchmark Sensex and Nifty tumbling over 1% as escalating conflict in the Middle East and weak trends from global markets unnerved investors. Falling for the second session in a row, the 30-share BSE Sensex tanked 845.12 points or 1.14% to settle at a more than two-week…
From the Sensex basket, ITC, Kotak Mahindra Bank, Bharti Airtel, State Bank of India, Asian Paints, Tech Mahindra, Reliance Industries and Nestle were the major gainers. File. Benchmark Sensex climbed 354 points to close above the record 75,000 mark for the first time while broader Nifty scaled a fresh lifetime high on Wednesday on gains…
Read More “Sensex settles above 75,000-mark for first time, Nifty closes at record high” »
