Nifty | DD News

May 24, 2024 10:52 AM

Nifty-Sensex continue to rally, election result uncertainty reducing rapidly

Indian indices Nifty and Sensex opened flat on Friday, near the record closing of the previous day. The Nifty Index opened at 22,930 points, very close to the 23,000 mark. The Sensex also sustained Thursday's rally and opened near 75,335, close to the 75,500 mark. "The net inflow number by FIIs on Thursday is Rs 4670 crores. The key factor to watch will be if this FII buying sustains going into the May 31st market close, which will be the last trading day before the Exit Polls of June 1st. We e...

September 16, 2024 6:42 PM

Sensex-Nifty touch all-time high as PM Modi predicts historic win for BJP alliance

The consistent bull run in Indian stock indices - Sensex and Nifty -- continued through Thursday, and touched fresh highs yet again, reacting to Prime Minister Narendra Modi's assertion that BJP-led alliance is on track to form the government for a record third term. The prime minister also predicted that the margin of victory would be even broader. In an interview with the Economic Times, PM Modi said his party's election outcome will result in a record running streak on the country's stock e...

September 16, 2024 5:56 PM

Nifty, Sensex open flat; DIIs sustain market momentum

Indian benchmark indices opened cautiously on Wednesday, with buying by Domestic Institutional Investors (DIIs) offsetting selling by Foreign Institutional Investors (FIIs). The Nifty 50 index rose by 20 points to reach 22,549.70 from the previous close of 22,529.05, while the Sensex also gained 91 points to reach 74,044.53 after closing at 73,953.31 on Tuesday. "One inference that can be drawn from institutional activity this month is that there is no excessive concern regarding the much-talk...

May 21, 2024 10:55 AM

Nifty, Sensex open flat; experts predict gains ahead of poll results

Indian benchmark indices began Tuesday's trading session flat amid mixed global cues. The Nifty 50 index was at 22,458 after losing 40 points, while the Sensex shed 206 points to 73,801 at the time of this report. In the Nifty 50 index, 20 stocks opened with gains, 29 declined, and one remained unchanged. "We believe that as long as the market trades above 22,300/73,300, the bullish sentiment is likely to continue, and the market could move up to 22,550-22,650/74,200-74,500," said Shrikant Cho...

September 16, 2024 6:17 PM

Nifty, Sensex dip in early trade

Indian benchmark indices started Friday's trading session on a muted note, influenced by global cues. The Nifty 50 index declined by 29 points to 22,374.20 in the early trade while the BSE Sensex lost 149 points to 73,548 at the time of filing this report. Ajay Bagga, Banking and Market Expert, said "Selling by FIIs moderated on Thursday. As and when FIIs liquidate their huge short positions in the derivatives markets, the Indian indices will witness an upsurge". Mahindra & Mahindra surged...

September 16, 2024 6:07 PM

Indian stocks continue to remain buoyant after recent sell-off

Indian stock indices started off Wednesday's session marginally higher, extending gains for the fourth consecutive session. The upbeat start was fueled by positive overnight cues from US markets. At 9:27 am, the benchmark Sensex was trading at 73,193.81, up 89.20 points or 0.12%, while the Nifty rose 37.35 points or 0.17% to 22,255.20. All major sectoral indices, barring Nifty financial services and Nifty private bank, opened higher. Over the last week, indices had slumped consistently, which ...

September 16, 2024 6:07 PM

Indian stocks in green for second day after heavy sell-off

Indian equity markets opened marginally higher on Tuesday, extending gains from the previous session, primarily driven by fresh buying after the recent dip. At 9.19 am, the Sensex was trading at 72,979.48 points, up 203.34 points or 0.28 percent, while the Nifty was at 22,177.15 points, up 73.10 points or 0.33 percent. All sectoral indices, except for the Nifty Pharma and Nifty Healthcare indices, were in the green at the time of writing. Over the past week, the indices had witnessed consisten...

May 9, 2024 5:25 PM

Sensex plunges 1000 points, Nifty closes below 22,000

The BSE Sensex and Nifty closed Thursday’s trading session sharply lower. The Nifty slumped 1.55% to 21,957.50 points, while the Sensex fell 1.45% to 72,404.17 at the close. Several sectoral indices faced sharp declines, with Nifty Oil & Gas being the top loser, falling by 2.7%. Other sectors such as FMCG, Realty, Pharma, and Metal also witnessed declines ranging from 2% to 2.3%. However, Nifty Auto managed to rise by 1%. Hero Moto continued its upward trend following a profitable perfor...

May 3, 2024 5:28 PM

Sensex, Nifty decline amid selling pressure on large caps

The BSE Sensex and Nifty fell on Friday as selling pressure in index heavyweights after the Nifty hit a record high dragged the indices into negative territory. Additionally, market sentiment was dampened by rumors circulating about potential tax changes in the upcoming Union Budget of July 2024. The Sensex lost 732.96 points, closing at 73,878.15, while the Nifty dropped 172.35 points, ending the day at 22,475.85. Notable gainers included Coal India, Bajaj Finance, Grasim, Tata Consumer Serv...

May 2, 2024 11:01 AM

Sensex, Nifty open marginally higher; Godrej shares rise after split in conglomerate

Indian stock indices maintained their upward trajectory on Thursday morning, rising marginally after witnessing mild losses in the previous session. The positive momentum could be attributed to the record Goods and Services Tax (GST) collection in April, coupled with overall stability in the economy. At 9.33 am, the Sensex and Nifty were 0.1-0.2 percent higher each, with most sectoral indices trading in the green. The stock exchanges were closed on Wednesday on account of Maharashtra Day, wit...