Nifty 50

November 4, 2024 1:28 PM

Sensex crashes 1350 points, Nifty tanks by 1.83 %; US election adds fuel to FII selling

Indian stock markets faced yet another challenging session on Monday, as the BSE Sensex plunged by 1,350 points, or 1.69%, and the Nifty index dropped 445 points, or 1.83%, breaking below the 24,000 mark. As of midday, the Sensex hovered below 79,000, while the Nifty rested at 23,859.10, both experiencing their most significant losses since October’s market turbulence. Market analysts attribute these sharp declines to ongoing Foreign Institutional Investor (FII) selling, which has intensified...

October 28, 2024 10:24 AM

Nifty, Sensex begin week with gains; market uncertainty likely to persist until US election results

Indian stock markets opened the week with modest gains after last week's 2.5% decline across both key indices. The Nifty 50 index opened at 24,251.10, marking an increase of 70.30 points or 0.29%, while the BSE Sensex gained 251.38 points, starting the day at 79,653.67, reflecting a 0.32% rise. According to market experts, the outlook remains uncertain, with continued foreign institutional investor (FII) selling adding pressure to Indian markets. Banking and market analyst Ajay Bagga said that ...

October 18, 2024 11:08 AM

Sensex, Nifty open lower as foreign outflows persist

India’s benchmark indices declined for the fourth consecutive session on Friday, weighed down by continued selling from foreign institutional investors (FIIs). The Nifty fell 0.34%, or 84 points, to 24,664.95, while the BSE Sensex dropped 257 points, or 0.32%, to 80,749.26 in early trade. Despite the persistent FII outflows, market experts remain optimistic about a potential recovery in Indian equities over the coming weeks. Banking and market expert Ajay Bagga suggested that the indices are...

October 15, 2024 10:47 AM

Nifty and Sensex open higher amid positive global cues

The stock market opened on a positive note for the second consecutive day, reflecting optimism in early trading. On Tuesday, the benchmark indices saw the Nifty opening at 25,196.05, up 68 points or 0.27%, and the Sensex at 82,198.68, up 226 points or 0.28%. On the National Stock Exchange, most sectoral stocks were trading higher, except for Auto and Metal. Top performers in the initial trading session included Bharat Petroleum Corporation, Bajaj Finserv, Bharti Airtel, Infosys, and ICICI Bank....

September 20, 2024 11:26 AM

Sensex, Nifty surge as global markets rally after Fed rate cut

India’s benchmark indices surged on Friday, tracking a global market rally fueled by the U.S. Federal Reserve's decision to cut interest rates by 50 basis points. The Nifty 50 gained 110.15 points, or 0.43%, to open at 25,525.95, while the Sensex rose by 418.24 points, or 0.50%, to 83,603.04. Market experts attribute the rally to sustained support from domestic investors, which has helped offset selling pressure from foreign institutional investors (FIIs). "US markets rebounded strongly, wi...

September 13, 2024 4:35 PM

Sensex, Nifty end lower after record highs

India’s benchmark indices closed marginally lower on Friday, after reaching their record highs in the previous session. The Sensex dropped 71.77 points, or 0.09%, to settle at 82,890.94, while the Nifty slipped 32.40 points, or 0.13%, closing at 25,356.50. Market breadth remained positive, with 2,363 stocks advancing, 1,431 declining, and 102 remaining unchanged. Top gainers on the Nifty included Wipro, Bajaj Finance, Bajaj Finserv, Axis Bank, and IndusInd Bank. On the downside, major laggar...

September 16, 2024 3:25 PM

Sensex, Nifty open near record highs as global markets surge

India's benchmark indices hovered near record highs on Friday, driven by a rally in Asian markets as investors anticipated a 50-basis-point interest rate cut by the U.S. Federal Reserve. At the opening bell, the Nifty 50 climbed to 25,430.45, marking a gain of 41.55 points or 0.16 percent. Simultaneously, the BSE Sensex reached a staggering 83,091.55 points, up by 128.84 points or 0.16 percent. This remarkable performance comes against the backdrop of rallying global markets, spurred by antici...

September 12, 2024 4:56 PM

Sensex, Nifty hit fresh all-time highs amid broad-based rally

India’s benchmark indices surged to record highs on Thursday, driven by board-based buying across sectors and strong investor confidence. The Sensex soared 1,439.55 points to close at an all-time high of 82,962.71, while the Nifty jumped 395.40 points to end the session at 25,313.85. Of the Nifty50 companies, 49 posted gains, with only one stock finishing in the red. Key performers included Hindalco Industries, Bharti Airtel, NTPC, Shriram Finance, and Grasim. Hindalco was the top performer,...

September 11, 2024 4:51 PM

Sensex, Nifty decline on profit booking

India's benchmark indices closed lower on Wednesday, weighed down by profit booking and broad declines across key sectors such as media, metals, PSU banks, real estate, and oil and gas. The Sensex fell 398.13 points, or 0.49%, to 81,523.16, while the Nifty dropped 122.65 points, or 0.49%, ending at 24,918.45. "The domestic market experienced a minor consolidation, mirroring trends in Asian peers due to falling commodity prices," said Vinod Nair, Head of Research at Geojit Financial Services. ...

September 10, 2024 4:34 PM

Indian markets close higher following global rally

Indian equity indices surged on Tuesday, buoyed by positive global cues and fresh foreign fund inflows. The Nifty 50 rose by 104.70 points, closing at 25,041.10, while the Sensex climbed 361.75 points to 81,921.29. Top gainers at the National Stock Exchange (NSE) included Divis Lab, LTIMindtree, Bharti Airtel, Wipro, and HCL Tech. On the other hand, HDFC Life Insurance, SBI Life Insurance, Bajaj Finserv, Shriram Finance, and Bajaj Finance were among the top decliners. Throughout the trading da...