Nifty 50 | DD News

September 16, 2024 3:34 PM

Nifty, Sensex open flat amid decline in global indices

Indian stock markets opened with mixed signals on Thursday, reflecting the broader decline in global indices. The benchmark Nifty 50 index began trading down 17 points, or 0.07%, at 25,035.30, while the Sensex showed a marginal increase of 35 points, or 0.05%, opening at 81,822.56. The flat opening comes in the wake of pressure on global markets following Nvidia's quarterly results announcement. Despite strong financial performance, the tech giant's management guidance disappointed some investo...

August 27, 2024 4:45 PM

Sensex, Nifty end flat as global indices lose momentum

India's benchmark indices ended nearly flat on Tuesday, reflecting a day of mixed performance and volatility. Investors exercised caution as tensions in the Middle East dampened global indices, which had previously rallied on hopes of an imminent rate cut by the U.S. Federal Reserve. The Sensex closed slightly higher, gaining 13.65 points to reach 81,711.76, while the Nifty added 7.20 points to end at 25,017.80. The market witnessed a broad-based movement with 2,036 shares advancing, 1,746 sha...

August 23, 2024 5:06 PM

Indian stocks settle steady; markets now await Fed chair’s Jackson Hole address

The Indian stock market closed the week on a steady note after a volatile trading session, as investors remained cautious ahead of Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Economic Policy Symposium. In the final minutes before the market closed, BSE Sensex recorded a slight uptick of 80.12 points, settling at 81,133.31, while the Nifty rose by 11.70 points to end at 24,823.20. Over the course of the week, the Sensex gained 0.7%, and the Nifty saw a 0.9% increase...

August 20, 2024 10:59 AM

Indian stocks open strong; Experts predict market to push to new all-time highs

Indian benchmark indices opened with gains on Tuesday following the rally in the Asian and US markets. Experts stated that the rally could push markets to new all-time highs. The Nifty 50 index opened with a gain of 76.25 points or 0.31 per cent at 24,648.90 points, while the BSE Sensex surged by 297.86 points or 0.37 per cent to 80,722.54 points. "Global cues remain positive, setting a bullish tone for the Indian markets as well. US markets have now rallied for 8 days in a row, recovering ove...

August 16, 2024 5:08 PM

Markets close week on a high note: Sensex soars 1,330 points, Nifty jumps 397 points

Indian stock markets ended the week on a high, with the NSE Nifty 50 and the BSE Sensex recording impressive gains on Friday. The Nifty 50 climbed by 397.40 points, or 1.65%, closing at 24,541.15. Meanwhile, the Sensex saw a robust increase of 1,330.96 points, or 1.68%, ending the day at 80,436.85. Major contributors to this rally included banking giants ICICI Bank and HDFC Bank, which together accounted for nearly 25 per cent of the day's total gains. Additionally, tech heavyweights such as T...

August 16, 2024 3:00 PM

Sensex crosses 80,000 mark; Nifty up 350 points amid global stock rally

Indian stock markets surged on Friday, with both key indices gaining over 1% by midday, driven by a global stock rally and robust performances in key sectors such as IT and real estate. The Sensex soared by 953 points, or 1.24%, reaching a new milestone of 80,075 points. The Nifty 50 also made gains, rising 295 points, or 1.22%, to 24,445 points. The sharp uptick in Nifty IT and Nifty Realty, both of which surged over 2%, contributed to the market's upward momentum. Other major sectoral indices...

August 8, 2024 5:32 PM

Sensex and Nifty dip as RBI maintains unchanged repo rate at 6.5%

Indian equity markets closed on a weak note following the Reserve Bank of India's (RBI) decision to keep the policy repo rate unchanged at 6.5%. The benchmark indices opened lower and continued to trade in negative territory throughout the day. The BSE Sensex ended the session down 582 points, or 0.75%, at 78,873, while the NSE Nifty 50 fell 180 points, or 0.81%, to close at 24,100.50. Despite the broader market downturn, some stocks managed to close in the green. HDFC Life, Tata Mot...

August 5, 2024 2:55 PM

Sensex declines on Monday: a review of the five largest drops

India's benchmark stock index, opened with a sharp decline on Monday. This isn't the first time the index has experienced such drops, often triggered by major global and domestic economic events. Here, we take a look at the five biggest intraday falls in the history of the Sensex. 1. June 4, 2024: Post-Election Uncertainty The most recent decline occurred on June 4, 2024. On this day, the Sensex saw one of its steepest drops, plummeting to an intraday low of 70,234.43 points. The market had op...

July 22, 2024 12:49 PM

Sensex, Nifty open lower ahead of Economic Survey and Union Budget

Indian benchmark indices declined in early trade on Monday, weighed down by selling pressure ahead of the Economic Survey later in the day and the Union Budget, which will be presented on Tuesday. Markets were also tracking Asian shares, which slid despite Wall Street futures gaining strength following President Joe Biden's decision to withdraw from the election race. The Nifty 50 index dropped 100 points to 24,430, while the BSE Sensex fell by 250 points to 80,391. Across the broader market,...

July 16, 2024 10:58 AM

Nifty hits all-time high in early trade

Indian benchmark indices rallied in early trade on Tuesday, with the Nifty rising 0.26 percent to touch an all-time high of 24,650.05. It later trimmed the gains and was trading at 24,628.40, up 0.17%, as of 10:10 am. The Sensex, meanwhile, advanced 0.17 percent to 80,803.40. Major gainers on the Nifty included Bharti Airtel, Adani Enterprises, Coal India, M&M, and Tata Steel. Shares of Dr. Reddy's Labs, Hero MotoCorp, L&T, Divis Labs, and Nestle India saw declines. "Technical analysi...