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November 19, 2024 11:19 AM

Nifty, Sensex bounce back on Tuesday reversing the selling trend

Indian stock markets opened on a positive note on Tuesday, reversing the recent trend of weakness as both indices gained in the opening session. At around 9:40 am, Sensex was up by 766.58 points (0.99%) at 78,105.59, while the Nifty climbed 236.50 points (1.01%) to 23,690.3. The market breadth remained positive as 2,022 stocks were trading in green, while 248 stocks were trading in red. In the Sensex pack, NTPC, Tata Motors, Mahindra & Mahindra, Adani Ports, Infosys, and UltraTech Cement ...

November 12, 2024 4:20 PM

Markets close lower: Sensex drops 821 points, broad-based selling hits Nifty

Indian equity markets ended on a weak note on Tuesday, with the Nifty slipping below the 23,900 mark as broad-based selling hit various sectors. The Sensex closed down by 820.97 points, or 1.03%, at 78,675.18, while the Nifty dropped 257.80 points, or 1.07%, to settle at 23,883.50. The session saw widespread declines, with 2,641 shares closing in the red, while 1,155 shares advanced, and 93 remained unchanged. Key laggards on the Nifty included Britannia Industries, HDFC Bank, NTPC, Asian Pain...

November 11, 2024 10:02 AM

Indian stock markets decline on earnings downgrades and foreign outflows

Indian stock markets continued their downward momentum on Monday as earnings downgrades and foreign fund outflows weighed on investor sentiment. The Nifty 50 index opened down by 60 points (0.25%) at 24,087.25, while the Sensex started the day with a decline of 174 points (0.22%) at 79,312.13. Experts said that Indian markets may continue to see outflows as the U.S. markets have become an attractive destination for investment following Trump's return. Trump's pro-business policies are driving t...

November 6, 2024 4:56 PM

Sensex, Nifty surge as global markets react to Trump’s projected win

India’s benchmark indices surged on Wednesday, buoyed by the projected victory of former U.S. President Donald Trump in the 2024 U.S. presidential election, which sparked a wave of optimism among global investors. The BSE Sensex climbed 901.50 points to close at 80,378.13, while the Nifty 50 gained 270.75 points, ending at 24,484.05. During intraday trading, the Sensex briefly rallied by over 1,000 points, and the Nifty touched 24,500 before both indices pared some gains. Top gainers on the ...

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...

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