National Stock Exchange

August 30, 2024 10:50 AM

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 ...

ONGC reports highest-ever standalone profit in FY24

ONGC reported its highest-ever standalone net profit of Rs 40,526 crore in FY24 on Monday. In a stock exchange filing, ONGC announced that its consolidated net profit for FY24 reached an all-time high of Rs 57,101 crore, positioning itself as a frontrunner in the energy sector. The company's crude oil production also witnessed a surge of 2.4 percent on a quarterly basis, reaching 5.359 million metric tonnes (MMT) in the fourth quarter of FY24. However, ONGC's standalone gross revenue declined ...