NSE

September 30, 2024 10:09 AM

Investors under 30 years dominate Indian stock market, participation from 60 plus age group dips: NSE

Indian stock market is now dominated by the young investors of age below 30 years, highlighted official data by the National Stock Exchange. As per the data, the number of young investors have surged rapidly in the Indian stock markets. It highlighted that between March 2018 and August 2024, there has been a remarkable increase in the share of investors under 30 years old. In March 2018, this age group made up only 22.9 per cent of the total investor base. However, by August 2024, their share ...

September 27, 2024 6:17 PM

Indian stocks slip amid profit booking after hitting record highs

Indian stock indices ended the week with slight losses after reaching new peaks, likely due to profit booking by investors. The Sensex, which briefly neared the 86,000 mark, closed at 85,571.85, down by 264.27 points or 0.31 per cent. Similarly, the Nifty finished the day at 26,175.15, down 40.90 points or 0.16 per cent. According to NSE data, sectors including banking, financial services, media, and real estate were among the biggest laggards. "After a recent strong rally, the benchmark indic...

August 1, 2024 11:29 AM

Nifty hits all-time high, surpassing 25,000

India's benchmark index Nifty 50 opened at a record high on Thursday, crossing the 25,000 milestone for the first time. The Nifty gained 92.15 points to 25,030.95, while the Sensex added 208.34 points, or 0.25 percent, to 81,949.68. Maruti Suzuki, JSW Steel, Hindalco Industries, Coal India, and Tata Motors emerged as top performers, while Mahindra & Mahindra, BPCL, Infosys, Ultratech Cement, and Sun Pharmaceutical Industries were among the laggards. Broad market indices on the NSE maintain...

June 5, 2024 5:09 PM

Stock market revives and closes above Friday’s high

Indian stock markets experienced a significant surge of over 3 percent by the closing session on Wednesday, bouncing back from the losses incurred during the election results. The NSE Nifty 50 index soared by 3.36 percent, settling at 22,620.35, while the BSE Sensex saw a robust increase of 3.20 percent, closing at 74,382.24. Both indices surpassed their closing levels from the previous Friday, when the Nifty index closed at 22,531 points. On the day of the election results, the Nifty had plun...

May 29, 2024 6:03 PM

Indian equity market slumps for fourth consecutive session

The Indian equity market experienced its fourth consecutive day of losses on May 29. The Nifty ended at 22,704.70, down 183.50 points or 0.80 percent, while the Sensex dropped 667.55 points or 0.89 percent, closing at 74,502.90. The market opened negatively, influenced by mixed global cues, and continued to decline throughout the day. Both the Sensex and Nifty fell below critical levels of 74,500 and 22,700, respectively. The biggest losers on the Nifty included HDFC Life, SBI Life Insurance, ...

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 21, 2024 8:31 PM

BSE Market Cap Hits $5 Trillion Milestone

The market capitalisation of companies listed on the Bombay Stock Exchange (BSE) has reached a historic $5 trillion as of May 21, marking a fresh high. This achievement is attributed to the ongoing rally in the Indian stock markets, bolstered by firm support from various sectoral indices and positive economic indicators. Indian stock indices have shown resilience with minimal volatility over recent sessions. The conclusion of the five-phase general elections has bolstered investor confidence, w...