BSE Sensex

November 4, 2024 1:28 PM

Sensex crashes 1350 points, Nifty tanks by 1.83 %; US election adds fuel to FII selling

Indian stock markets faced yet another challenging session on Monday, as the BSE Sensex plunged by 1,350 points, or 1.69%, and the Nifty index dropped 445 points, or 1.83%, breaking below the 24,000 mark. As of midday, the Sensex hovered below 79,000, while the Nifty rested at 23,859.10, both experiencing their most significant losses since October’s market turbulence. Market analysts attribute these sharp declines to ongoing Foreign Institutional Investor (FII) selling, which has intensified...

October 28, 2024 10:24 AM

Nifty, Sensex begin week with gains; market uncertainty likely to persist until US election results

Indian stock markets opened the week with modest gains after last week's 2.5% decline across both key indices. The Nifty 50 index opened at 24,251.10, marking an increase of 70.30 points or 0.29%, while the BSE Sensex gained 251.38 points, starting the day at 79,653.67, reflecting a 0.32% rise. According to market experts, the outlook remains uncertain, with continued foreign institutional investor (FII) selling adding pressure to Indian markets. Banking and market analyst Ajay Bagga said that ...

October 18, 2024 11:08 AM

Sensex, Nifty open lower as foreign outflows persist

India’s benchmark indices declined for the fourth consecutive session on Friday, weighed down by continued selling from foreign institutional investors (FIIs). The Nifty fell 0.34%, or 84 points, to 24,664.95, while the BSE Sensex dropped 257 points, or 0.32%, to 80,749.26 in early trade. Despite the persistent FII outflows, market experts remain optimistic about a potential recovery in Indian equities over the coming weeks. Banking and market expert Ajay Bagga suggested that the indices are...

October 16, 2024 5:04 PM

Sensex, Nifty close lower amid selling pressure, foreign outflows

India's benchmark indices fell on Wednesday, weighed down by selling pressure and foreign outflows. The BSE Sensex dropped 318 points to close at 81,501.36, while the Nifty declined by 86 points, ending at 24,971.30. Among the top gainers in the Nifty 50 were HDFC Life Insurance, Dr. Reddy's Laboratories, HDFC Bank, Bharti Airtel, and Grasim Industries. Major laggards included Trent, Mahindra & Mahindra, Infosys, Hero MotoCorp, and Adani Ports. Varun Aggrawal of Ideaprofit attributed the f...

October 15, 2024 10:47 AM

Nifty and Sensex open higher amid positive global cues

The stock market opened on a positive note for the second consecutive day, reflecting optimism in early trading. On Tuesday, the benchmark indices saw the Nifty opening at 25,196.05, up 68 points or 0.27%, and the Sensex at 82,198.68, up 226 points or 0.28%. On the National Stock Exchange, most sectoral stocks were trading higher, except for Auto and Metal. Top performers in the initial trading session included Bharat Petroleum Corporation, Bajaj Finserv, Bharti Airtel, Infosys, and ICICI Bank....

September 23, 2024 4:40 PM

Indian markets ended on a positive note on Monday

The stock market ended on a positive note on Monday, with both benchmark indices reaching record highs. The BSE Sensex surged by 384.30 points, closing at 84,928.61, while the NSE Nifty climbed 148.10 points to settle at 25,939.05. Gains in sectors such as auto, oil and gas, and financial services played a key role in driving the market upward. Out of the Nifty 50 companies, 34 stocks advanced, while 16 experienced declines. Bajaj Auto, Mahindra & Mahindra (M&M), ONGC, Hero Motocorp, an...

September 20, 2024 12:20 PM

Sensex breaches 84,000 mark for the first time; rises 1,000 points in just eight days

The BSE Sensex crossed the 84,000 mark for the first time on Friday, gaining 1,000 points in just eight days after touching 83,000 on September 12. Market experts attribute this strong rally in Indian markets to heightened investor optimism, spurred by expectations of a potential rate cut by the Reserve Bank of India (RBI) in response to the U.S. Federal Reserve’s larger-than-expected rate cut. Analysts suggest the Fed’s decision has increased liquidity flowing into emerging markets like I...

September 18, 2024 5:47 PM

Sensex, Nifty fall marginally ahead of Fed policy decision

India’s benchmark indices closed flat on Wednesday as investors awaited the US Federal Reserve's policy decision on a potential rate cut. The Nifty slipped 41 points, or 0.16%, ending at 25,377.55, after hitting an intraday high of 25,482.20. Similarly, the BSE Sensex lost 131.43 points, or 0.16%, closing at 82,948.23, down from its peak of 83,326.38 earlier in the day. Among the top gainers were Shriram Finance, Bajaj Finance, Bajaj Finserv, Nestle India, and ICICI Bank, while major tech st...

September 13, 2024 4:35 PM

Sensex, Nifty end lower after record highs

India’s benchmark indices closed marginally lower on Friday, after reaching their record highs in the previous session. The Sensex dropped 71.77 points, or 0.09%, to settle at 82,890.94, while the Nifty slipped 32.40 points, or 0.13%, closing at 25,356.50. Market breadth remained positive, with 2,363 stocks advancing, 1,431 declining, and 102 remaining unchanged. Top gainers on the Nifty included Wipro, Bajaj Finance, Bajaj Finserv, Axis Bank, and IndusInd Bank. On the downside, major laggar...

September 16, 2024 3:25 PM

Sensex, Nifty open near record highs as global markets surge

India's benchmark indices hovered near record highs on Friday, driven by a rally in Asian markets as investors anticipated a 50-basis-point interest rate cut by the U.S. Federal Reserve. At the opening bell, the Nifty 50 climbed to 25,430.45, marking a gain of 41.55 points or 0.16 percent. Simultaneously, the BSE Sensex reached a staggering 83,091.55 points, up by 128.84 points or 0.16 percent. This remarkable performance comes against the backdrop of rallying global markets, spurred by antici...