Indian stock market

December 18, 2024 4:49 PM

Indian stock market opens flat ahead of US Fed rate decision

The Indian stock market opened flat on Wednesday as investors await the US Federal Reserve's interest rate decision. At around 9:33 am, Sensex was trading at 80,651.44 after declining 33.01 points or 0.04 per cent, while the Nifty was trading at 24,328.75 after declining 7.25 points or 0.03 per cent. The market trend remained negative. On the National Stock Exchange (NSE), 882 stocks were trading in green, while 1,306 stocks were in red. The focus of global markets will be the Fed decision on...

December 16, 2024 4:33 PM

Sensex Ends Lower, Nifty Bank Flat as Investors Await Fed Decision

The Indian stock market closed lower on Monday amid mixed global cues. At closing, the Sensex settled at 81,748.57, down by 384.55 points, or 0.47 percent, and the Nifty ended at 24,668.25, down by 100.05 points, or 0.40 percent. The national market traded in a range-bound manner, while the realty sector outperformed in expectation of growing demand and a potential rate cut cycle in 2025, market experts said. A rise in manufacturing and service PMI suggests a positive turnaround in H2 FY25 ear...

November 23, 2024 3:11 PM

With state elections over, Indian stock market heads for stability

Most of the state elections are now over, and the market may find stability as government spending will improve in the coming months to meet the FY25 capex target, market experts said on Saturday. The Indian benchmark indices recouped the current week’s losses on Friday with a strong bounce back as investors used the bargain opportunity to accumulate beaten-down stocks. Sensex closed at 79,117.11 this week after gaining 1,961.32 points, or 2.54 per cent, and Nifty closed at 23,907.25 with a ...

September 30, 2024 10:09 AM

Investors under 30 years dominate Indian stock market, participation from 60 plus age group dips: NSE

Indian stock market is now dominated by the young investors of age below 30 years, highlighted official data by the National Stock Exchange. As per the data, the number of young investors have surged rapidly in the Indian stock markets. It highlighted that between March 2018 and August 2024, there has been a remarkable increase in the share of investors under 30 years old. In March 2018, this age group made up only 22.9 per cent of the total investor base. However, by August 2024, their share ...

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...

September 16, 2024 6:03 PM

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...