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September 16, 2024 3:25 PM

Sensex, Nifty surge as global markets rebound

Indian stock markets opened on a positive note Thursday, riding the wave of a global market rally triggered by easing inflation in the United States. The benchmark Nifty 50 index surged 0.57% or 141.20 points to 25,059.65, while the BSE Sensex climbed 0.5% or 407 points to 81,930.18 at the opening bell. This upbeat start comes in response to the latest US inflation data, which showed a moderation in August. The cooling inflation has fueled expectations of potential Federal Reserve rate cuts at...

September 16, 2024 3:33 PM

Nifty, Sensex upward trend continues, markets open with positive cues amid domestic inflows

Indian stock markets opened on a positive note in the final trading session of August, driven by a global rally in stocks following strong GDP numbers from the U.S. economy. The Nifty 50 gained 0.39% to open at 25,249.70, while the BSE Sensex rose 0.61% to 82,637.03 points.  "Indian markets are expected to record a two decades high successive positive days run rate today. GDP is expected to come a little soft this evening. A lower than expected GDP number could lead to markets seeking a rate ...

September 16, 2024 3:34 PM

Nifty, Sensex open flat amid decline in global indices

Indian stock markets opened with mixed signals on Thursday, reflecting the broader decline in global indices. The benchmark Nifty 50 index began trading down 17 points, or 0.07%, at 25,035.30, while the Sensex showed a marginal increase of 35 points, or 0.05%, opening at 81,822.56. The flat opening comes in the wake of pressure on global markets following Nvidia's quarterly results announcement. Despite strong financial performance, the tech giant's management guidance disappointed some investo...

September 16, 2024 4:34 PM

Sensex falls around 1,600 points & Nifty plunges 500 points as global markets sink

Indian markets experienced one of the worst falls on Monday with both the indices Nifty, and Sensex registering high losses during the opening trade. Indian stock markets followed the global bloodbath. The Nifty 50 index declined 414.85 points or 1.68 per cent to open at 24,302.85 points while the BSE Sensex slumped 2393.76 points or 2.96 per cent to open at 78,588.19 points. In the broad market indices, all indices including Nifty Next 50, Nifty 100, Nifty Midcap, and Nifty Small cap declined...

September 16, 2024 6:02 PM

Indian stock markets have given higher returns than gold and FDs in FY24

Indian stock markets have generated an impressive performance during the FY 2023-24. The Nifty 50 index delivered a substantial return of 29 percent in FY 24. According to the data shared by the National Stock Exchange (NSE), the growth of the Indian markets has marked the eighth consecutive year of positive returns. Notably, the last instance of negative returns in the Indian market dates back to 2015, highlighting the consistent upward trajectory of Indian equities. While the FDs (Fixed Depo...

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