Indian stock market

March 31, 2025 10:34 AM

Indian markets closed for Eid; Asian equities hit by heavy sell-off

Indian stock markets remained closed on Monday for Eid-ul-Fitr, while major Asian markets grappled with heavy selling pressure amid heightened investor concerns. Japan's Nikkei 225 dropped 4%, Taiwan's Weighted Index declined 2.97%, and South Korea's benchmark index slipped over 2.5%, reflecting widespread market jitters. On Friday, Indian markets ended in the red, with the Nifty closing at 23,519 points after shedding 72 points, while the Sensex declined by 0.25 percent to settle at 77,414. ...

January 30, 2025 2:13 PM

Indian stock market opens flat as US Fed pauses rate cut cycle

Indian benchmark indices opened flat on Thursday as the US Federal Reserve meeting voted unanimously to pause the rate cut cycle, which started last September and has delivered 100 bps of cut to date. The Sensex was marginally up 49 points or 0.065 per cent at 76,582.44, and the Nifty was up 43 points or 0.18 per cent at 23,197.20. About 1,539 shares advanced, 701 shares declined and 128 shares unchanged. The FOMC in the US paused rates at 4.25-4.5 per cent. Fed has promised to be data depende...

January 29, 2025 2:05 PM

Indian stock market opens higher, Nifty above 23,000

The domestic benchmark indices opened higher on Wednesday for the second day in a row, as investors look forward to positive cues in the upcoming Union Budget 2025–26. As of 9.33 a.m., Sensex was up 195 points or 0.29 per cent at 76,122 while Nifty 50 was up 65 points or 0.29 per cent at 23,025. According to market watchers, the US Federal Reserve’s decision on Wednesday (US time) is unlikely to influence the market since no change in policy is expected from the meeting. On Tuesday, the b...

January 27, 2025 11:41 AM

Sensex, Nifty fall amid weak Q3 earnings, slump in Asian shares

India’s benchmark indices opened lower on Monday, pressured by disappointing third-quarter corporate earnings and a sharp decline in Asian shares, which weighed heavily on investor sentiment. The Sensex dropped 433 points, or 0.57 percent, to 75,756.52, while the Nifty 50 declined by 128.45 points, or 0.56 percent, to 22,963.75 as of 9:32 AM. Top gainers on the Nifty included Britannia, HUL, ICICI Bank, and Dr. Reddy's Labs, while HDFC Bank, Infosys, NTPC, Bharat Electronics, Hindalco, Trent...

January 22, 2025 10:35 AM

Sensex, Nifty open higher as US tariff concerns ease

India’s benchmark indices opened higher on Wednesday, recovering from the previous day’s sharp decline triggered by concerns over U.S. President Donald Trump’s trade tariffs. By 9:15 a.m., the Nifty rose 0.23 percent to 23,079.6 points, while the Sensex climbed 0.27 percent to 76,046.42 points. Top gainers in early trading included Wipro, Infosys, Sun Pharma, TCS, and ITC, while BEL, Tata Motors, Power Grid, Adani Enterprises, and HDFC Life led the list of laggards. Ajay Bagga, a bankin...

January 21, 2025 10:13 AM

Indian stock market trades flat as new US President avoids tariffs on Day 1

Indian benchmark indices traded almost flat on Tuesday morning, tracking gains in Asia, after Donald Trump took over as the 47th US President and did not immediately impose trade tariffs as widely expected. The Nifty 50 was up 0.25 per cent while the 30-stock BSE Sensex was higher by 0.09 per cent, as of 9:18 a.m. At pre-open, the S&P BSE Sensex Index was up 188 points, or 0.24 per cent, at 77,261 while the NSE Nifty 50 was 76 points or 0.33 per cent higher at 23,421. According to mark...

January 16, 2025 12:44 PM

Indian stock market opens higher amid positive global cues

The Indian stock market opened higher on Thursday amid positive global cues, including hope of an end to the conflict in Gaza, as buying was seen in the PSU bank and financial service sectors. At around 9.22 am, Sensex was trading at 77,157.74 after rising 433.66 points or 0.57 per cent, while Nifty was trading at 23,349.15 after climbing 135.95 points or 0.59 per cent. On the National Stock Exchange (NSE), 1,175 stocks were trading in green, while 139 stocks were in red. Nifty Bank was up 52...

January 14, 2025 10:39 AM

Sensex, Nifty open higher; HCLTech shares plunge 9 percent

India’s benchmark indices opened higher on Tuesday, with the Nifty 50 gaining 113.60 points to 23,199.55 and the Sensex adding 370.21 points to 76,700.22 by 9:16 AM. However, shares of HCLTech tumbled 9 percent in early trade after its Q3 earnings report failed to meet expectations, prompting brokerage firm Nuvama to downgrade the stock from “buy” to “hold.” Market experts indicated that broader market valuations remain stretched, with concerns about a potential sharp correction. Th...

January 8, 2025 11:53 AM

Sensex, Nifty open flat amid selling pressure from FIIs

India’s benchmark indices opened on a cautious note on Wednesday, with marginal gains dampened by selling pressure from Foreign Institutional Investors (FIIs). The Nifty rose by 38.75 points, or 0.16 percent, to open at 23,746.65, while the Sensex added 120.45 points, or 0.15 percent, starting at 78,319.56. Experts suggest that the market is unlikely to see a significant recovery in the near term, although corporate earnings and the upcoming Union Budget could offer some support. Ajay Bagga...

January 3, 2025 5:12 PM

Indian stock market leads global IPO boom in 2024, NSE raises record $19.5 billion

The Indian stock market witnessed an initial public offering (IPO) boom in 2024 as compared to any other global stock exchange, with the National Stock Exchange's (NSE) Rs 1.67 lakh crore ($19.5 billion) capital raised through them becoming the highest in the world, according to a report by the exchange on Friday. The 268 successful IPOs across mainboard (90) and SME (178) raised Rs 1.67 lakh crore, and were also the highest number of IPOs within Asia. The 268 IPOs are also the highest figure ...