Indian stock market

June 25, 2024 11:44 AM

Indian stock market opens higher; Bank Nifty at all-time high

Indian benchmark indices opened higher on Tuesday, with the Sensex starting at 77,507.32, up 166.24 points, and the Nifty rising by 41.55 points to reach 23,579.40. Among the Nifty companies, 44 stocks gained while 5 declined in early trade. The Bank Nifty index surged over 200 points to hit a new all-time high. Sectoral indices such as banks, auto, financial services, media, metal, and pharma saw gains, while FMCG, IT, and realty sectors opened in the red. Nifty's top losers were BPCL, ONGC,...

May 24, 2024 10:52 AM

Nifty-Sensex continue to rally, election result uncertainty reducing rapidly

Indian indices Nifty and Sensex opened flat on Friday, near the record closing of the previous day. The Nifty Index opened at 22,930 points, very close to the 23,000 mark. The Sensex also sustained Thursday's rally and opened near 75,335, close to the 75,500 mark. "The net inflow number by FIIs on Thursday is Rs 4670 crores. The key factor to watch will be if this FII buying sustains going into the May 31st market close, which will be the last trading day before the Exit Polls of June 1st. We e...

May 6, 2024 10:58 AM

Indian stock market surges in early trading

The Indian equity market started the week on a positive note as the benchmark indices, Sensex and Nifty, bounced back in early trade. The BSE Sensex climbed 328.54 points to reach 74,206.69, while the NSE Nifty advanced by 93.45 points, settling at 22,569.30. Among the major gainers in the Sensex basket were TCS, JSW Steel, IndusInd Bank, ICICI Bank, Wipro, and Axis Bank. Notably, Kotak Mahindra Bank saw a remarkable jump of over 4 percent after announcing a substantial 25 percent growth in its...

May 5, 2024 11:17 AM

Foreign portfolio investors return as buyers in Indian stock market

Foreign portfolio investors (FPIs) have resumed their role as net buyers in the Indian stock market in May, marking a turnaround from their selling spree in April. According to data from the National Securities Depository Limited (NSDL), FPIs purchased equities worth Rs 1,156 crore in India up to May 3. In April, FPIs turned net sellers in Indian stocks, as the ongoing geopolitical crisis in the Middle East then likely pushed investors to take money off their portfolios. FPIs, who cont...