October 23, 2024 5:06 PM

Sensex, Nifty end lower amid continued foreign outflows and lackluster earnings

Indian benchmark indices declined for the third straight session on Wednesday, weighed down by lackluster corporate earnings and sustained foreign outflows. The Nifty dropped 36 points to close at 24,435.50, while the Sensex fell 138 points, ending at 80,081.98. Top gainers included Bajaj Finance, Tech Mahindra, Tata Consumer Products, Bajaj Auto, and HDFC Bank. Mahindra & Mahindra, Sun Pharma, Eicher Motors, Shriram Finance, and PowerGrid were among the major losers. Sector-wise, Bank, A...

October 22, 2024 11:45 AM

Sensex, Nifty open flat amid weak global sentiment

The stock market opened on a subdued note on Tuesday, reflecting weak global sentiment and carrying forward the impact of Monday's drop. The benchmark indices saw a marginal rise at the opening, with the Sensex gaining 183.87 points to start at 81,335.14, while the Nifty inched up by 31.55 points to open at 24,812.65. In the early trading hours, the Nifty index displayed a mixed trend, with 22 companies advancing while 27 declined. Shriram Finance, Tech Mahindra, ICICI Bank, HCL Technologies, ...

October 21, 2024 5:18 PM

Sensex, Nifty end lower amid profit booking

India's benchmark indices declined on Monday as investors engaged in profit booking. The Sensex fell by 73.48 points, closing at 81,151.27, while the Nifty dropped 72.95 points to settle at 24,781.10. Of the companies listed on the Nifty, only 12 recorded gains, while 37 stocks closed in the red. Leading the gainers were Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors. Conversely, Tata Consumer Products, Kotak Bank, Bajaj Finserv, Bharat Petroleum Corp...

October 21, 2024 11:43 AM

Indian stock markets start week strong: Nifty and Sensex rally

Indian stock markets started the fresh week with gains as both the indices, Nifty and Sensex, surged on Monday. The Nifty 50 index opened at 24,956.15 points, climbing 0.41% or 102.10 points. Meanwhile, the BSE Sensex surged by 545 points, or 0.67%, to start the day at 81,770.02 points. Experts said that the quarterly announcements of financial results and the continued activity by foreign investors will remain in focus this week. Ajay Bagga, Banking and Market Expert said, "The focus for Ind...

October 16, 2024 10:09 AM

Sensex, Nifty decline on foreign outflows, domestic investors provide support

India’s benchmark indices opened lower on Wednesday as continued selling pressure from foreign institutional investors (FIIs) weighed on the market. The Nifty 50 fell by 48.80 points, or 0.19%, to 25,008.55, while the Sensex dropped 173 points, or 0.21%, to 81,646. Despite foreign outflows, domestic institutional investors (DIIs) stepped in to support the market, helping Nifty hold above the critical 25,000 mark. "The primary driver of the bull run in India has been sustained domestic flows...

October 14, 2024 6:47 PM

Sensex, Nifty close higher as IT, banking sectors drive gains

The stock market wrapped up Monday on a positive note, with benchmark indices posting strong gains. The Sensex surged by 591.69 points to close at 81,973.05, while the Nifty climbed 163.70 points, finishing at 25,127.95. Among the Nifty 50 stocks, Wipro, Tech Mahindra, HDFC Life Insurance, L&T, and HDFC Bank emerged as the top performers of the day. In contrast, ONGC, Maruti Suzuki, Tata Steel, Bajaj Finance, and UltraTech Cement saw declines, slightly tempering the overall market gains. S...

October 11, 2024 11:00 AM

Stock market opens flat, experts predict continued volatility in the short term

Stock market opens flat, experts predict continued volatility in the short term The stock market opened flat on Friday, with both the Sensex and Nifty experiencing declines during the initial trading session. The Sensex started the day down 185.20 points at 81,426.21, while the Nifty fell 51.30 points to 24,947.15. Among the Nifty 50 companies, 18 stocks gained, while 32 saw losses, indicating mixed market sentiment. HCL Technologies, Hindalco, JSW Steel, Wipro, and Bajaj Auto were the top gai...

October 10, 2024 9:31 AM

Indian stock markets open strong on Thursday, reflecting positive momentum

Indian stock markets opened on a positive note on Thursday, reflecting a boost in investor confidence. The Nifty 50 index opened at 25,067.05 points, up by 0.34%, while the BSE Sensex rose by 365.56 points to start at 81,832.66. According to market experts, volatility remains, and a level-based trading strategy is recommended for traders. Positive sentiment has also been influenced by the Reserve Bank of India's shift to a neutral stance, as indicated on Wednesday. "Technically, after a rally...

October 9, 2024 4:45 PM

Sensex, Nifty slip as RBI keeps interest rates unchanged

Benchmark indices Sensex and Nifty50 reversed their earlier gains on Wednesday, closing the session in the red after the Reserve Bank of India (RBI) announced no changes to interest rates. The Sensex ended the day 167.71 points lower at 81,467.10, while the Nifty50 declined by 31.20 points, finishing at 24,981.95. Out of the Nifty companies, 31 showed advances and 19 recorded declines. Top gainers were Cipla, Trent, Tata Motors, SBI, and Tech Mahindra, which helped the index from a steeper fal...

October 8, 2024 10:30 AM

Nifty, Sensex open flat amid Middle East tensions, FII selling pressure

Indian stock markets opened on a mixed note on Tuesday, continuing to face selling pressure in line with trends observed across Asian markets. The Nifty 50 index saw a modest gain of 36 points, or 0.15%, opening at 24,832.20 points, while the Sensex opened at 80,826.56 points, a decline of 223.44 points or 0.28%. Market analysts attributed the downturn to geopolitical tensions in the Middle East and the ongoing shift of foreign investments from India to China, adding pressure on Indian equities...