October 7, 2024 10:32 AM

Sensex, Nifty gain in opening trade amid cautious optimism

India’s benchmark indices opened higher on Monday, rebounding after a five-session losing streak. The Nifty 50 climbed 69.50 points, or 0.28%, to 25,084.10, while the BSE Sensex advanced 163.56 points, or 0.20%, to 81,852.01, following a 4% drop in the previous week. Sectorally, the Nifty IT index led the gains, rising over 1% as major IT firms, including TCS, gear up to release their quarterly earnings later this week. The Nifty Metal index also rallied, posting gains of over 0.9%. Among t...

October 4, 2024 5:30 PM

Sensex and Nifty extend losses, drop nearly 1% on Friday

India's stock markets closed the week with further losses as both the Sensex and Nifty ended Friday in the red. The Sensex dropped by 703.95 points, or 0.85 percent, finishing at 81,793.16, while the Nifty slipped by 200.25 points, or 0.79 percent, closing at 25,049.85. Out of the 50 companies listed on the Nifty, 13 managed to post gains, while 37 saw declines. Leading the list of gainers were Infosys, ONGC, HDFC Life, Tata Motors, and Wipro, which managed to withstand the broader market downt...

September 30, 2024 3:54 PM

Equity markets close lower on Monday

Indian equity markets closed on a weaker note on Monday, with the Nifty slipping below 25,850. The Sensex plunged 1,272.07 points, or 1.49%, to settle at 84,299.78, while the Nifty declined 368.20 points, or 1.41%, finishing at 25,810.80. In terms of market breadth, 1,757 shares advanced, 2,107 shares fell, and 148 shares remained unchanged. The Metal and Media sectors were the only gainers, each rising by 1%, while all other sectoral indices closed lower. Auto, banking, IT, telecom, pharma, a...

September 26, 2024 5:08 PM

Sensex, Nifty hit record highs for sixth consecutive session

India's benchmark indices continued their upward momentum, with both the Sensex and Nifty reaching record highs for the sixth consecutive session on Thursday, driven by gains in auto and banking stocks. The Sensex surged 666.25 points, or 0.78 percent, to close at 85,836.12, while the Nifty added 211.80 points, or 0.81 percent, to settle at 26,216. Market breadth was mixed, with 1,603 shares advancing, 2,200 shares declining, and 102 remaining unchanged. Among the top performers on the Nifty ...

September 25, 2024 4:46 PM

Sensex, Nifty soar to new record highs

India’s benchmark indices continued their record-breaking run on Wednesday, with the Nifty closing above the 26,000 mark for the first time, buoyed by strong gains in energy, metal, and media stocks. The Sensex added 255.83 points, or 0.30 percent, to end at 85,169.87, while the Nifty gained 63.75 points, or 0.25 percent, finishing at 26,004.15. Both indices touched fresh intraday highs, with the Sensex hitting 85,247.42 and the Nifty reaching 26,032.80. Although the market started on a weak...

September 24, 2024 4:48 PM

Sensex, Nifty hit fresh highs amid global rate cuts

India’s benchmark indices extended their rally, reaching record highs for the fourth consecutive session on Tuesday. The Nifty crossed the 26,000 mark for the first time, while the Sensex surged past 85,000. At the close of trading, the Sensex settled at 84,914.04 points, a slight dip of 14.57 points or 0.017 percent, while the Nifty ended marginally higher at 25,940.40 points, gaining 1.35 points or 0.0052 percent. Among the sectoral indices, Nifty Metal led the gains, surging 2.97 percent....

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...