Nifty 50 index

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...