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June 6, 2024 1:01 PM

Sensex, Nifty open higher as PM Modi gears up for third term

Indian benchmark indices opened higher on Thursday, buoyed by the BJP-led NDA's unanimous announcement that Prime Minister Narendra Modi will lead a new coalition government for a third consecutive term. The Sensex surged 378.59 points, opening at 74,804.68, while the Nifty gained 105.65 points, starting the day at 22,726.00. Among the Nifty companies, 29 advanced while 21 declined. NTPC, SBI, ONGC, Coal India, and Power Grid were the top gainers, while Britannia, Hindustan Unilever, Cipla, Hi...

May 28, 2024 12:47 PM

Sensex, Nifty tread cautiously as Lok Sabha results near

After a stellar rally over the past few weeks, Indian benchmark indices have faced resistance in the past couple of sessions. On Tuesday, both the Sensex and Nifty traded flat with a downside bias. The NSE Nifty 50 was down 0.17% at 22,890.6 points, while the S&P BSE Sensex fell 0.18% to 75,258.55 points, as of 12:42 p.m. IST. According to market experts, any gain in the indices will depend on various macroeconomic data scheduled for later this week, including Q4 India GDP and US inflatio...

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