Feedback | Tuesday, December 03, 2024

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December 3, 2024 10:48 AM

Indian stock market shows resilience amid economic concerns

Indian stock markets opened on a positive note on Tuesday, shrugging off recent GDP growth slowdown concerns. The Nifty 50 index opened at 24,367.50 points, marking a gain of 91.45 points, or 0.38%, while the BSE Sensex opened at 80,529.20 points, up by 281.12 points, or 0.35%. Ajay Bagga, a banking and market expert, said that the government's removal of the windfall tax on crude oil, ATF, petrol, and diesel exports is likely to boost oil and energy heavyweights. He added that market sentiment...

November 29, 2024 10:34 AM

Share market opens in green, media and pharma stocks shine

The Indian stock market opened in green on Friday as buying was seen in the Media and Pharma sector in early trade. At around 09.44 a.m., the Sensex was trading at 79,369.57 after gaining 325.83 points or 0.41 per cent, while the Nifty was trading at 24,019 after rising 104.85 points or 0.44 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1345 stocks were trading in the green, while 876 stocks were in the red. Nifty Bank was up 224.45 points or 0.43 per cen...

November 27, 2024 11:15 AM

Sensex, Nifty open flat amid weak sentiment in Asian markets

India’s benchmark indices opened on a cautious note on Wednesday, reflecting the subdued sentiment in Asian markets. The Nifty rose by 10.30 points to start at 24,204.80, while the Sensex gained 122 points, opening at 80,121.03. In early trade, Coal India, Adani Enterprises, Mahindra & Mahindra, Adani Ports, and Kotak Mahindra Bank emerged as the top gainers, while IndusInd Bank, Cipla, Tata Consumer Products, Bharti Airtel, and UltraTech Cement were among the major laggards. Among sect...

November 25, 2024 10:05 AM

Markets rally as BJP secures Maharashtra win; experts predict short-term gains

Indian stock markets opened on a strong note on Monday following the BJP-led alliance's decisive victory in the Maharashtra state elections. The Nifty 50 index surged by 1.45%, gaining 346.30 points to reach 24,253.55, while the BSE Sensex rose 1,076 points or 1.36% to 80,193.47 during the morning session. Ajay Bagga, a banking and market expert, noted that the BJP's landslide win is likely to provide a short-term boost to markets, which had been underperforming in recent weeks. He highlighted ...

November 19, 2024 11:19 AM

Nifty, Sensex bounce back on Tuesday reversing the selling trend

Indian stock markets opened on a positive note on Tuesday, reversing the recent trend of weakness as both indices gained in the opening session. At around 9:40 am, Sensex was up by 766.58 points (0.99%) at 78,105.59, while the Nifty climbed 236.50 points (1.01%) to 23,690.3. The market breadth remained positive as 2,022 stocks were trading in green, while 248 stocks were trading in red. In the Sensex pack, NTPC, Tata Motors, Mahindra & Mahindra, Adani Ports, Infosys, and UltraTech Cement ...

November 14, 2024 4:54 PM

Indian stock market extends losses for 6th consecutive session

India's benchmark stock indices slumped for the sixth consecutive session, closing at multi-month lows as persistent market pressures weighed on investor sentiment. The Sensex dropped by 110.64 points, or 0.14%, closing at 77,580.31, while the Nifty fell by 26.35 points, or 0.11%, ending the day at 23,532.70. Sectoral performance was mixed, with indices for Nifty Bank, Auto, and Media showing gains, while FMCG, Pharma, and PSU Bank sectors were in the red. HUL, BPCL, Tata Consumer, Nestle, Bri...

November 13, 2024 10:45 AM

Indian stock market opens in red as selling pressure persists across sectors

The Indian stock market opened on a weak note on Wednesday, with benchmark indices Sensex and Nifty50 slipping in early trade. Persistent global concerns, cyclical earnings slowdown, and foreign fund outflows weighed heavily on investor sentiment, marking the fourth consecutive day of declines for Indian equities. In the opening session, the BSE Sensex fell by 414 points, trading at 78,260, while the NSE Nifty slipped 167 points to trade at 23,706. The overall market sentiment remained subdued,...

November 12, 2024 4:20 PM

Markets close lower: Sensex drops 821 points, broad-based selling hits Nifty

Indian equity markets ended on a weak note on Tuesday, with the Nifty slipping below the 23,900 mark as broad-based selling hit various sectors. The Sensex closed down by 820.97 points, or 1.03%, at 78,675.18, while the Nifty dropped 257.80 points, or 1.07%, to settle at 23,883.50. The session saw widespread declines, with 2,641 shares closing in the red, while 1,155 shares advanced, and 93 remained unchanged. Key laggards on the Nifty included Britannia Industries, HDFC Bank, NTPC, Asian Pain...

November 11, 2024 5:23 PM

Sensex, Nifty end flat amid continued volatility

India's benchmark indices closed flat on Monday, as market sentiment remained subdued due to disappointing quarterly earnings and ongoing foreign outflows. The Nifty slipped marginally by 0.03% to 24,141.3 points, while the Sensex edged up by just 0.01% to 79,496.15 points. Despite the market’s indecision, Systematic Investment Plans (SIPs) showed resilience, with monthly contributions rising to Rs 25,323 crore in October from Rs 24,509 crore in September, reflecting sustained investor confi...

November 11, 2024 10:02 AM

Indian stock markets decline on earnings downgrades and foreign outflows

Indian stock markets continued their downward momentum on Monday as earnings downgrades and foreign fund outflows weighed on investor sentiment. The Nifty 50 index opened down by 60 points (0.25%) at 24,087.25, while the Sensex started the day with a decline of 174 points (0.22%) at 79,312.13. Experts said that Indian markets may continue to see outflows as the U.S. markets have become an attractive destination for investment following Trump's return. Trump's pro-business policies are driving t...

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