Indian shares slipped on Friday, as investors locked in profits after major indexes hit record highs in the previous session and as a global rally took a breather, while the focus turned to Reliance Industries’ quarterly earnings later in the day. The blue-chip NSE Nifty 50 index fell 0.2% to […]
Sensex scales 50,000 on recovery hopes, foreign inflows
Indian shares rose to a record high on Thursday, with the benchmark Sensex scaling the 50,000 level for the first time, on hopes of an economic recovery and positive cues from the new Biden administration. The blue-chip NSE Nifty 50 index rose 0.6% to 14,735 and the S&P BSE Sensex […]
Sensex rises over 250 points; L&T, Axis Bank rally 3%
Market benchmark Sensex rose over 250 points on Thursday tracking gains in L&T, Axis Bank and Infosys, despite massive sell-off in global equities. The 30-share BSE index was trading 233.92 points or 0.57 per cent higher at 41,349.30. Similarly, the broader NSE was trading 60.80 points, or 0.50 per cent, […]
Sensex rallies over 500 points; Nifty reclaims 12K
Equity benchmark BSE Sensex rallied over 500 points in opening session on Thursday as global markets rebounded after the US offered to embrace peace with the Iranian leadership in a bid to de-escalate tensions in the Middle East. After hitting a peak of 41,318.18, the 30-share BSE index was trading […]
Sensex tanks over 350 points on US-Iran conflict; Nifty below 12K
Equity benchmark BSE Sensex slumped over 350 points in opening session on Wednesday as tensions in the Middle East escalated after Iran fired missiles at US military bases in Iraq. After hitting a low of 40,476.55, the 30-share BSE index pared some losses to trade 193.98 points or 0.47 per […]
Sensex recovers 500 points in opening trade; Nifty above 12,100
Equity benchmark BSE Sensex rebounded nearly 500 points in opening session on Tuesday as global investors calmed on no further escalation in the mid-east tensions. After hitting a high of 41,135.47, the 30-share BSE index was trading 450 points or 1.11 per cent higher at 41,126.63. Similarly, the broader NSE […]
Sensex slumps over 350 points amid tensions in the Middle East
Equity benchmark BSE Sensex sank over 350 points in opening session on Monday as escalation in tensions in the Middle East fuelled volatility in global equities. The 30-share BSE index was trading 376.66 points or 0.91 per cent lower at 41,087.95. Similarly, the broader NSE Nifty cracked 109.60 points or […]
Sensex and Nifty open marginally higher; heavyweights decline in early trade
Sensex and Nifty opened marginally higher on Tuesday and traded flat as index heavyweights like Reliance Industries, SBI, Infosys and Axis Bank declined during the early trade. Most IT companies such as TCS, Infosys, Tech Mahindra and HCL occupied the bottom positions in the Nifty50 table. At 9.48 a.m., the […]
Sensex drops over 150 points in opening session, Nifty slides below 12,260
Equity benchmark BSE Sensex turned volatile on Monday, dropping over 150 points in opening session amid stock-specific action after a rejig of its constituents. Yes Bank, Vedanta, Tata Motors and Tata Motors DVR have exited the index to make way for Titan Company, UltraTech Cement and Nestle India. The 30-share […]
Sensex, Nifty turn choppy on tepid global cues
Equity benchmarks Sensex and Nifty started on a choppy note on Thursday as global investors turned cautious over US President Donald Trump’s impeachment. Retreating from its record high, the 30-share BSE index was trading 24.89 points or 0.06 per cent lower at 41,533.68 in opening session. Similarly, the broader NSE […]
Sensex rallies 175 points to hit record high in opening session; Nifty tests 12,100
Market benchmark BSE Sensex jumped over 175 points to hit its record high of 41,185.03 in opening session on Monday tracking global euphoria over the US-China trade deal. After starting significantly higher, the 30-share index pared gains to trade 15.33 points or 0.04 per cent up at 41,025.04. Similarly, the […]
Sensex gains 74 points in early trade as crude oil eases
Market benchmark BSE Sensex on Wednesday climbed 74 points backed by gains in select private bank, financial and metal stocks amid easing global crude prices. The appreciating rupee and mixed leads from other Asian markets too influenced sentiment, traders said. The 30-share index was trading 74.04 points or 0.18 per […]
Sensex, Nifty edge lower as investors lock in profits
Shares inched lower on Tuesday, led by losses in information technology stocks, as investors locked in profits in overbought shares towards the year end. The NSE Nifty 50 index was down 0.14% at 11,920.95 and the benchmark BSE Sensex fell 0.12% to 40,435.71 by 0417 GMT. “Valuations are higher than […]
Sensex falls 70 pts in early trade, dragged by losses in financial, banking stocks
Equity benchmark BSE Sensex on Monday fell over 70 points in early trade, dragged mainly by losses in financial and banking stocks amid persistent foreign fund outflows. The 30-share index was trading 73.38 points or 0.18 per cent lower at 40,371.77 in morning trade; while the broader Nifty was trading […]
Sensex, Nifty open on positive note as investors look beyond domestic factors
Equity benchmarks Sensex and Nifty nudged higher in opening deals on Friday as investors looked beyond domestic factors to focus on positive global sentiment. The BSE gauge Sensex moved 103.13 points higher to trade at 40,882.72 in opening deals; while the NSE barometer Nifty added 22.50 points to 12,040.90. On […]