Feedback | Tuesday, December 03, 2024

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December 3, 2024 4:51 PM

Indian indices end higher, Sensex surges by nearly 600 points

The Indian stock market closed on a positive note on December 3, 2024, with both the Sensex and Nifty posting substantial gains. The Sensex surged by 597.67 points, ending the session at 80,845.75, while the Nifty rose by 181.10 points, closing at 24,457.15. Out of the 50 companies on the Nifty, 41 saw gains, while nine experienced declines. Among the top performers were Adani Ports, NTPC, Adani Enterprises, Axis Bank, and State Bank of India (SBI). On the other hand, Bharti Airtel, Hero Motoco...

November 29, 2024 4:02 PM

Sensex jumps over 700 points ahead of Q2 GDP data release

Indian stock markets ended the week on a positive note, with major indices experiencing significant gains ahead of the release of Q2 GDP data. On Friday, the BSE Sensex surged by 702.50 points, closing at 79,746.24, while the Nifty index rose by 216.90 points, settling at 24,131.05. Investors were closely watching for economic updates, with a particular focus on the GDP figures for the July-September quarter.   Stock market performance has been volatile recently, driven by a combination of fu...

November 28, 2024 4:37 PM

Sensex and Nifty sink amid global and domestic pressures

Domestic stock markets faced selling pressure on Thursday due to declines in tech heavyweight stocks, a lack of major global cues, and weak performance in Asian markets. The Sensex dropped by 1,190.34 points, closing at 79,043.74, while the Nifty fell by 360.75 points to settle at 23,914.15. Both major indices recorded losses of over 1% during the day’s trading session. The downturn is attributed to a combination of domestic and international factors. Tech-heavy stocks led the decline, while...

November 27, 2024 11:15 AM

Sensex, Nifty open flat amid weak sentiment in Asian markets

India’s benchmark indices opened on a cautious note on Wednesday, reflecting the subdued sentiment in Asian markets. The Nifty rose by 10.30 points to start at 24,204.80, while the Sensex gained 122 points, opening at 80,121.03. In early trade, Coal India, Adani Enterprises, Mahindra & Mahindra, Adani Ports, and Kotak Mahindra Bank emerged as the top gainers, while IndusInd Bank, Cipla, Tata Consumer Products, Bharti Airtel, and UltraTech Cement were among the major laggards. Among sect...

November 26, 2024 5:05 PM

Sensex, Nifty end flat after two-day rally

Indian stock markets closed flat on Tuesday, pausing after a strong two-day rally that had boosted indices by nearly 4%. The Sensex ended the session at 80,004.06 points, slipping 105.79 points or 0.13%, while the Nifty settled at 24,194.50 points, down 27.40 points or 0.11%. Despite the gains from the recent uptrend, the Sensex remains about 6,000 points below its record high of 85,978 points. The recent rally helped recoup some earlier losses driven by fund outflows, weaker-than-expected Q2 ...

November 26, 2024 11:23 AM

Sensex, Nifty rise as realty gains and investor sentiment lift markets

India’s benchmark indices opened higher on Tuesday, driven by buying in the realty sector and positive momentum from the previous two sessions. The Sensex climbed 94.14 points, or 0.12%, to reach 80,203.9, while the Nifty advanced 31.20 points, or 0.13%, to 24,253.10 as of 9:53 AM. However, market analysts cautioned that the indices may not see sustained gains due to a subdued earnings season, which has tempered investor enthusiasm. The Nifty's recent performance has raised key support level...

November 25, 2024 4:40 PM

Sensex rallies 992 points; Adani Ports and L&T Lead Gainers

Indian equity markets closed in the green on Monday. At closing, Sensex was at 80,109, up 992 points, or 1.25 per cent, and Nifty was at 24,221, up 314 points or 1.32 per cent. In the last two trading sessions, Sensex added nearly 3,000 points. Banking stocks led the rally in the market. Nifty Bank closed at 52,207, up 1,072 points or 2.10 per cent. Along with largecaps, buying was also seen in midcap and smallcap stocks. Nifty Smallcap 100 index closed at 18,115, up 360 points or 2.03 per c...

November 22, 2024 4:39 PM

Sensex and Nifty surge over 2% in biggest rally since June

Indian stock markets rebounded sharply on Friday, with both the Sensex and Nifty surging over 2 percent. The gains, driven by strong US labor market data and a broad recovery from oversold levels, marked a significant recovery in Indian equities. The Sensex jumped 1,961.32 points, or 2.54%, to close at 79,117.11, while the Nifty gained 557.35 points, or 2.39%, to settle at 23,907.25. This remarkable bull run is the largest since June 5, when the Sensex surged 3.20% and the Nifty climbed 3.36%. ...

November 22, 2024 11:49 AM

Sensex, Nifty open higher amid rally in Asian stocks

India's benchmark indices opened higher on Friday, tracking a rally in Asian stocks.  The Nifty rose 61.90 points, or 0.27%, to 23,411.80, while the Sensex added 193.95 points, or 0.25%, to 77,349.74. Market experts said that investors remained cautious ahead of the Maharashtra election results over the weekend, which are expected to influence market sentiment.  Ajay Bagga, a banking and market expert, said, "The Indian stock markets are expected to show cautious movement today due to mixed...

November 21, 2024 11:53 AM

Sensex, Nifty decline as selling pressure drags markets into red after positive start

India’s benchmark indices fell on Wednesday after a positive start, with selling pressure pushing the markets into negative territory. The Nifty 50 opened with a gain of 64.70 points (0.28%) at 23,518.50, while the BSE Sensex added 132.73 points (0.17%) to start at 77,711.10. However, early optimism quickly faded as selling pressure dominated the session. By 9:43 a.m., the Sensex had dropped 610.10 points, or 0.79%, to 76,968.28, while the Nifty declined 209.65 points, or 0.89%, to 23,308.85...

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Last Updated: 3rd Dec 2024