Nifty | DD News

June 12, 2024 4:48 PM

Nifty, Sensex continue upward trend; mid and small caps surge 1 per cent

Indian markets continued their bull run during Wednesday's session. The Nifty touched an all-time high of 23,441 points during the day. However, both indices closed with marginal gains due to profit booking by investors. The benchmark Nifty gained 58 points to close at 23,322.95, while the Sensex closed marginally up by 149 points at 76,606. The top gainers on the Nifty 50 included Coal India, Power Grid, Eicher Motors, SBI Life, and Tech Mahindra. The top losers were Mahindra and Mahindra, Br...

September 16, 2024 6:09 PM

Indian stocks trade firm ahead of May inflation data release

Indian stock indices kicked off Wednesday's trading session on a positive note, with the Sensex and Nifty both up 0.3% and hovering just below their all-time highs. The bullish trend comes ahead of the highly anticipated release of India's May inflation data, as investors brace for potential market-moving revelations. After a largely stable Tuesday, the Indian equity markets continued their recent bull run, with most sectoral indices trading in the green. This upbeat sentiment follows Monday's ...

June 11, 2024 11:48 AM

Sensex, Nifty steady ahead of Fed decision, CPI data

The BSE Sensex and Nifty 50 were trading steady on Tuesday after a decline on Monday, pulling back from record highs reached during the day. As of 10:20 AM, the Sensex was up 0.20% at 76,644.79, while the Nifty gained 0.26% at 23,319. Market participants are awaiting the US May inflation data and the Federal Reserve's policy decision later this week. Additionally, they are closely monitoring India's inflation data and the policy decisions of the new government. India's retail inflation eased ...

September 16, 2024 6:38 PM

Market salutes PM Modi’s third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at the opening bell on Monday, a day after Prime Minister Narendra Modi and his Union Council of Ministers took oath to office. A smooth transition in the government formation seemed to have boosted market sentiments. At the opening bell, the Sensex surged to an all-time high of 76,960.96 points, while the Nifty touched a record 23,411.90 points. At the time of reporting, the Sensex was trading at 7...

June 7, 2024 4:39 PM

Sensex, Nifty end at record highs, erasing election-day losses

Indian stock markets surged for the third consecutive session on Friday, ending at record levels and erasing losses suffered on election day when the BJP lost its majority in the lower house of Parliament, securing far fewer seats than exit polls had predicted. The Nifty ended 2.05% higher at 23,290.15, while the Sensex closed up 2.16% at 76,693.36. Both indices were boosted by the Reserve Bank of India's (RBI) upward projection of GDP growth to 7.2% from 7% for 2024-25 and the prospects of pol...

June 7, 2024 12:34 PM

Sensex, Nifty up ahead of RBI policy decision

The stock market kicked off the trading day on a positive note, witnessing a surge in both the Sensex and Nifty indices at the opening bell ahead of RBI monetary policy on Friday. The benchmark BSE Sensex opened higher by 81.57 points, reaching 75,156.08, while the NSE Nifty began the session with a gain of 38.50 points, opening at 22,859.90. This early positive momentum set a buoyant tone for investors and traders, reflecting a hopeful start to the trading session. Among the Nifty-listed com...

June 6, 2024 1:01 PM

Sensex, Nifty open higher as PM Modi gears up for third term

Indian benchmark indices opened higher on Thursday, buoyed by the BJP-led NDA's unanimous announcement that Prime Minister Narendra Modi will lead a new coalition government for a third consecutive term. The Sensex surged 378.59 points, opening at 74,804.68, while the Nifty gained 105.65 points, starting the day at 22,726.00. Among the Nifty companies, 29 advanced while 21 declined. NTPC, SBI, ONGC, Coal India, and Power Grid were the top gainers, while Britannia, Hindustan Unilever, Cipla, Hi...

June 5, 2024 9:57 AM

Asian stocks rise on rate-cut wagers; spotlight on India

Asian stocks rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up bets of an interest rate cut in September from the Federal Reserve ahead of a crucial payrolls report this week. Investor worries of a cooling U.S. economy, however, kept a lid on risk appetite, while the focus in Asia is on how Indian markets fare after stocks sank and the rupee slid on Tuesday following voting results that showed a slimmer-than-expected victory margin for Prime Mini...

June 4, 2024 5:10 PM

Sensex, Nifty plunge as BJP’s likely weaker win leads to policy worries

Indian stocks suffered their worst intraday fallsince March 2020 on Tuesday, as vote counting trends in the general election suggested Prime Minister Narendra Modi's alliance was unlikely to win the overwhelming majority predicted by exit polls. With about half the votes counted, Modi's own Bharatiya Janata Party (BJP) looked unlikely to secure a majority on its own in the 543-member lower house of parliament and would need allies in the National Democratic Alliance (NDA) to form the government...

June 4, 2024 1:14 PM

Sensex, Nifty plunge as polls show BJP’s mandate slipping

Indian stocks tanked the most in four years on Tuesday, as vote counting suggested Prime Minister Narendra Modi's Bharatiya Janata Party (BJP)-led alliance is unlikely to win an overwhelming majority as predicted by exit polls. Modi's bloc looked set to secure a majority in early vote counting in the general election on Tuesday, but the numbers were well short of the landslide predicted in exit polls. The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a lo...