Nifty 50 index

December 6, 2024 3:13 PM

FII selling slows in November 2024 as Indian markets stabilize after October fall: report

Foreign Institutional Investor (FII) outflows from Indian markets saw a significant reduction in November 2024, following a steep market correction in October. The Nifty 50 index had experienced a sharp 6 percent decline in October, closing 8 percent lower than its all-time highs. According to a report by JM Financials, this slowdown in FII selling indicates a stabilization in Indian markets. November proved to be a calmer month for trading, with the benchmark index largely remaining flat. FII ...

November 21, 2024 4:46 PM

Sensex, Nifty slip as Russia-Ukraine tensions weigh on markets

India’s benchmark indices fell on Thursday as escalating tensions between Russia and Ukraine dampened investor sentiment. The Sensex dropped 422 points, or 0.54 percent, to close at 77,155, while the Nifty declined 168 points, or 0.72 percent, ending at 23,349. Market breadth was negative, with 2,735 stocks in the red, 1,235 gaining, and 95 unchanged. The Nifty Midcap 100 index lost 162 points, or 0.30 percent to close at 54,385, while the Nifty Smallcap 100 dropped 80 points, or 0.46 percent...

September 23, 2024 4:40 PM

Indian markets ended on a positive note on Monday

The stock market ended on a positive note on Monday, with both benchmark indices reaching record highs. The BSE Sensex surged by 384.30 points, closing at 84,928.61, while the NSE Nifty climbed 148.10 points to settle at 25,939.05. Gains in sectors such as auto, oil and gas, and financial services played a key role in driving the market upward. Out of the Nifty 50 companies, 34 stocks advanced, while 16 experienced declines. Bajaj Auto, Mahindra & Mahindra (M&M), ONGC, Hero Motocorp, an...

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...