Nifty | DD News

December 19, 2024 5:09 PM

Sensex drops 964 points after US Fed’s hawkish stance on rate cuts

Indian equity markets faced a steep decline on Thursday, closing in the red amid weak global cues. The sell-off was primarily triggered by the US Federal Reserve's hawkish stance on interest rates, which led to a major shift in expectations for 2025. The Federal Open Market Committee (FOMC) slashed the number of rate cuts anticipated for next year, fueling concerns about the economic outlook. At the close of trading, the Sensex stood at 79,218.05, down by 964.15 points, or 1.20 percent. The Nif...

December 18, 2024 5:25 PM

Sensex, Nifty end lower ahead of US Fed rate decision

India’s benchmark indices declined on Wednesday as cautious investor sentiment prevailed ahead of the US Federal Reserve’s policy decision later in the day. The Sensex dropped 502.25 points, or 0.62 percent, to close at 80,182.20, while the Nifty fell 137.15 points, or 0.56 percent, to settle at 24,198.85. On the Bombay Stock Exchange (BSE), 1,447 shares ended in the green, while 2,558 declined, and 94 remained unchanged. In the Sensex pack, the top gainers included TCS, Sun Pharma, Tech ...

December 13, 2024 5:38 PM

Sensex, Nifty end week strong, led by FMCG and private banks

The Indian stock markets experienced a sharp rebound on Friday, reversing early-day losses to end the week on a positive note with modest gains. The Sensex surged by 843.16 points, or 1.04%, closing at 82,133.12 points, while the Nifty rose by 219.60 points, or 0.89%, to settle at 24,768.30 points. Among the sectoral indices, FMCG (Fast-Moving Consumer Goods), private banking, and consumer durables emerged as the top performers. On the other hand, sectors like media, metal, and pharma lagged be...

December 11, 2024 5:11 PM

Stock market ends flat amid year-end consolidation; eyes on US CPI data

The Indian stock market witnessed a subdued trading session on Wednesday, closing nearly flat as investors opted for caution in the lead-up to year-end. The BSE Sensex slipped by 13.34 points, ending at 81,496.70, while the NSE Nifty declined by 20.25 points to close at 24,630.30. Market sentiment was mixed on the Nifty 50 index, with 26 stocks advancing and 23 declining. Among the top gainers were Trent, Bajaj Finance, Britannia, Shriram Finance, and Hero Motocorp, which attracted notable buyi...

December 10, 2024 5:05 PM

Sensex, Nifty end flat ahead of key inflation data

India’s benchmark indices closed flat on Tuesday as investors remained cautious ahead of the release of key CPI inflation data from both the US and India. The Sensex inched up 1.59 points to 81,510.05, while the Nifty dipped 8.95 points to close at 24,610.05. Out of the Nifty's 50 constituents, 23 stocks advanced, while 27 declined. Leading the gains were Shriram Finance, Bajaj Finserv, HCL Technologies, Wipro, and Infosys, while Bharti Airtel, Dr. Reddy's Laboratories, Adani Ports, Adani En...

December 9, 2024 5:04 PM

Indian stock market ends lower amid subdued trading

The Indian stock market closed red on Monday, with key indices showing little movement. The Sensex fell by 177.12 points, settling at 81,531.99, while the Nifty dropped 52.05 points to close at 24,625.75. Among Nifty firms, 19 advanced, 30 declined, and one remained unchanged. Wipro, L&T, SBI Life, Tata Steel, and BPCL were among the top gainers, while Tata Consumer Products, Hindustan Unilever, Tata Motors, Nestle, and Asian Paints saw the largest declines. Vinod Nair, Head of Research at...

December 4, 2024 5:22 PM

Stock market ends higher, outlook remains positive

Indian indices closed higher on Wednesday, with gains in defence stocks and robust growth in the services sector providing support. The Sensex surged by 110.58 points to end at 80,956.33, while the Nifty rose marginally by 2.35 points, settling at 24,461.25. Despite these gains, market breadth was negative, as 19 Nifty companies recorded advances while 31 declined. In the Nifty index, HDFC Life, HDFC Bank, NTPC, Apollo Hospital, and Bajaj Finserv were among the top gainers. Meanwhile, Bharti Ai...

December 4, 2024 10:08 AM

Indian stock market opens higher, Nifty above 24,500

Indian stock market opens higher, Nifty above 24,500 The Indian stock market started on a positive note on Wednesday, with early gains driven by public sector enterprise (PSE) and information technology (IT) stocks. At 9:36 am, the Sensex climbed 248.37 points, or 0.31%, to 80,094.12, while the Nifty rose 76.90 points, or 0.31%, to 24,534.05. The market trend remained positive. On the National Stock Exchange (NSE), 1,851 stocks were trading in green, while 409 stocks were in red. Ajay Bagga, ...

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...