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August 19, 2024 5:14 PM

Indian stock indices witness a steady start to a new week; Sensex-Nifty largely flat

The Indian stock market started the week on a steady note, with the benchmark indices Sensex and Nifty closing nearly unchanged on Monday. Early trading showed promise, buoyed by the government's reduction of windfall tax on crude oil and positive global cues. However, the market lost steam by the end of the session. The Sensex ended the day slightly lower, dropping 12 points to close at 80,425, while the Nifty edged up by 31 points to settle at 24,573. Among sectoral indices, Nifty Bank declin...

August 9, 2024 4:14 PM

Indian indices rebound: Sensex jumps 820 points, Nifty above 24,350

The Indian equity markets made a strong recovery on August 9, erasing the losses from the previous session, as buying activity intensified across all sectors. The benchmark indices, Sensex and Nifty, both recorded a 1.04% gain by the close of trading. The BSE Sensex surged by 819.69 points to settle at 79,705.91, while the NSE Nifty rose by 250.50 points, ending the day at 24,367.50. The market opened on a positive note, buoyed by encouraging global cues, and maintained its upward momentum thro...

August 5, 2024 4:37 PM

Sensex, Nifty close in red amid global market turmoil

Indian indices experienced a sharp decline on Monday, mirroring widespread global trends. The Sensex plunged by 2,222.55 points, closing at 78,759.40, while the Nifty fell by 662.10 points, ending the day at 24,055.60. Only five Nifty companies advanced, while 45 declined, underscoring the market's bearish sentiment. Top gainers in the Nifty included Hindustan Unilever, Tata Consumer Products, Nestle India, Britannia, and HDFC Life. Conversely, Tata Motors, ONGC, Adani Ports, Tata Steel, and Hi...

July 25, 2024 12:06 PM

Indian stock market opens with major cuts following weak global cues

Indian stock market opened sharply lower on Thursday, following global market trends. The BSE Sensex opened 606.77 points lower, or 0.76%, at 79,542.10. The Nifty 50 at the National Stock Exchange (NSE) fell by 182.50 points, or 0.75%, to 24,232.00. The Nifty Midcap index also dropped, opening at 56,439.80, down 433 points, or 0.76%. Similarly, the Nifty Bank index opened lower at 50,762.30. Sectoral indices at NSE, including Bank, Financial Services, FMCG, IT, Metal, Pharma, PSU Banks, Priva...

July 11, 2024 11:29 AM

Nifty, Sensex open higher; experts suggest ‘buy-on-dips’ strategy

Indian benchmark indices gained in the opening trade on Thursday, tracking Asian markets which soared to record highs as traders hoped US inflation would ease, paving the way for rate cuts by the Federal Reserve in September. The Nifty 50 index opened at 24,396.55, gaining 67 points, while the BSE Sensex added 230 points to 80,170. Tata Steel, ICICI Bank, TCS, Hindalco Industries, and Titan Company were among the major gainers on the Nifty, while shares of ITC, HDFC Bank, M&M, Divis Labs, ...

July 8, 2024 10:48 AM

Sensex, Nifty open lower as banking stocks drag

Indian benchmark indices declined during the opening trade on Monday, with the NSE Nifty 50 index falling 30 points to 24,300 and the BSE Sensex dropping 150 points to 79,841. Among the sectoral indices, Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank, and Nifty Consumer Durables faced selling pressure during the opening trade. In the Nifty 50 list, the top gainers were Tata Motors, Cipla, Apollo Hospitals, Dr. Reddy's Laboratories, and Mahindra & Mahindra. Shares ...

July 5, 2024 5:35 PM

Stock market ends week flat after record highs

Indian benchmark indices ended flat on Friday after a record-breaking rally earlier in the week. The BSE Sensex closed 53.07 points lower at 79,996.60, falling just short of the 80,000 mark, while the NSE Nifty edged up 21.70 points to close at 24,323.85. This mixed closing reflected a day of cautious trading as investors weighed profit-taking against optimism from positive sectoral performances and key corporate announcements. Among the Nifty-listed companies, 34 reported gains, while 16 exp...

September 16, 2024 6:26 PM

Indian markets open flat, Nifty and Sensex maintain steady levels

The Indian stock markets started the first week of July on a calm note, with both major indices showing little change as they opened on Monday. The Nifty 50 index stayed above the 24,000 mark, trading at 24,022 after a slight gain of 14 points. Similarly, the BSE Sensex held steady above 79,000, opening with a modest increase of 40 points, reaching 79,086. "The second half of the year starts today after a strong market performance in H1 of Calendar year 2024. We expect large-cap strength with s...

September 16, 2024 4:15 PM

Indian shares rebound after volatile session

Indian benchmark indices rebounded after opening with a decline on Monday. The Sensex climbed 0.20 per cent to close at 72,809.67, while the NSE Nifty50 finished 0.29 per cent higher at 22,120.05 after dipping to a low of 21,821. Among the top gainers in the Nifty 50 were Cipla, Asian Paints, Divi's Lab, Adani Ports, and Adani Enterprises, while Tata Motors, BPCL, Shriram Finance, ONGC, and NTPC saw losses. "The Nifty has formed a hammer pattern on the daily chart, indicating a potential bulli...

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