June 4, 2024 10:00 AM

Sensex, Nifty fall 2% as Lok Sabha vote counting begins

The BSE Sensex and Nifty fell on Tuesday after a sharp rally in the previous session as early vote-counting trends showed the Bharatiya Janata Party-led NDA alliance leading in over 272 seats, but the extent of the victory was unclear. The Nifty 50 was down 2.2% to 22,779 as of 9:15 a.m. IST, and the Sensex fell 1.8% to 75,163. Both Sensex and Nifty rallied more than 3% on Monday, hitting record highs and logging their best session in nearly 40 months after exit polls projected that the NDA wo...

June 3, 2024 5:17 PM

Sensex, Nifty close at record highs as exit polls predict big win for NDA

Indian benchmark indices closed at record highs on Monday, driven by fresh buying from investors after exit polls indicated a comfortable majority for the NDA government. The Nifty 50 index jumped by 733.20 points, ending at 23,263.90, while the BSE Sensex rallied by 2507.47 points, reaching a closing level of 76,468.78. During the trading session, the Nifty touched an all-time high of 23,338.70, and the Sensex hit a new peak at 76,738.89. The Bank Nifty Index also touched a new all-time high...

May 31, 2024 6:21 PM

Sensex, Nifty end with marginal gain; Adani Group stocks soar nearly 10 percent

The BSE Sensex and Nifty concluded the trading week on a positive note, breaking a five-day losing streak with both benchmark indices registering marginal gains. The Sensex gained 75.71 points, closing at 73,961.31, while the Nifty added 42.05 points, reaching 22,530.70. The upbeat sentiment was reflected in the performance of Nifty-listed companies, with advances outnumbering declines. Among the Nifty firms, notable gainers included Adani Enterprises, Adani Ports, Shriram Finance, Coal India,...

May 31, 2024 11:25 AM

Sensex, Nifty open higher; investors turn cautious ahead of poll results

Indian stock indices opened higher on Friday, June 1, following five consecutive trading sessions of losses. The gains were primarily driven by fresh buying from investors after the recent dip. Analysts believe that investors are likely to adopt a cautious approach ahead of the Lok Sabha election results scheduled for June 4. At the time of this report, the Sensex was trading 0.7% higher at 74,389.35, and the Nifty was up 0.7% at 22,641.85. US stocks closed lower on Thursday, June 30, with t...

May 30, 2024 5:31 PM

Nifty falls below 22,500 on F&O expiry, Sensex drops 617 points

Indian benchmark indices continued their losing streak for the fifth consecutive session on Thursday. The Nifty closed below 22,500 on the May F&O (Futures & Options) expiry day, indicating the bearish sentiment prevailing on Dalal Street. The Sensex dropped by 617.30 points, or 0.83%, to close at 73,885.60, while the Nifty fell by 216 points, or 0.95%, to 22,488.70. Over the course of May, the Nifty50 index has lost 0.4%. The market opened weak, and losses deepened throughout the day,...

May 28, 2024 5:30 PM

Sensex sheds 220 pts, Nifty closes below 22,900

After reaching record highs in the previous session, Indian benchmark indices consolidated on May 28. At closing, the Sensex fell by 220.05 points (0.29%) to 75,170.45, and the Nifty dropped by 44.30 points (0.19%) to 22,888.15. The market started positively but fluctuated between gains and losses throughout the day. However, a sell-off in the last hour pushed the indices to their lowest points of the day. The biggest losers on the Nifty were Adani Ports, Power Grid Corp, Coal India, Adani Ent...

May 28, 2024 12:47 PM

Sensex, Nifty tread cautiously as Lok Sabha results near

After a stellar rally over the past few weeks, Indian benchmark indices have faced resistance in the past couple of sessions. On Tuesday, both the Sensex and Nifty traded flat with a downside bias. The NSE Nifty 50 was down 0.17% at 22,890.6 points, while the S&P BSE Sensex fell 0.18% to 75,258.55 points, as of 12:42 p.m. IST. According to market experts, any gain in the indices will depend on various macroeconomic data scheduled for later this week, including Q4 India GDP and US inflatio...

May 27, 2024 5:43 PM

Sensex, Nifty touch record highs before closing flat

India's benchmark indices surged to record highs on Monday, propelled by gains in private banking stocks. The Sensex breached the 76,000-mark for the first time, hitting 76,010, while the NSE Nifty50 scaled a new summit at 23,111 before retracting into negative territory. At the end of Monday's trading session, the Nifty50 closed at 22,932.55, down 0.11%, and the BSE Sensex closed at 75,364.60, marking a dip of 0.06%. Top Nifty gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtre...

May 27, 2024 10:32 AM

Investors bet on Indian stocks expecting PM Modi’s return to office, indices at fresh high

Indian stock indices continued their rally, reaching yet another fresh lifetime high on Monday tracking strong global market cues, hopes of Prime Minister Narendra Modi's comfortable return to office, besides other strong macroeconomic fundamentals. At 9.19 am, at the time of filing this report, Sensex was 0.2 per cent higher at 75,585 points, after touching an all-time high of 75,679 points soon after the opening bell. Similarly, Nifty too remained around its all-time high of 23,000 points. ...

May 24, 2024 5:51 PM

Market fails to hold record high, ends flat amid volatility

In a rangebound trading session on May 24, India's benchmark indices reached fresh record highs, with the Nifty surpassing the 23,000 mark for the first time. Despite the early gains, the indices failed to maintain higher levels and ended the day with minimal change. At the close of trading, the Sensex had decreased by 7.65 points, or 0.01 percent, to 75,410.39, while the Nifty had declined by 10.55 points, or 0.05 percent, to 22,957.10. For the week, both the BSE Sensex and Nifty50 indices rec...