Feedback | Thursday, May 23, 2024

May 22, 2024 12:14 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...

May 17, 2024 12:22 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...

May 15, 2024 10:49 AM

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 ...

May 14, 2024 12:01 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 9, 2024 11:22 AM

Sensex, Nifty see second consecutive day of decline; Hero MotoCorp surges 4.6%, L&T dips 4.3%

The Indian stock market saw a downturn for the second day in a row on Thursday. The Sensex dropped by 0.64 percent to 73,003, while the Nifty fell by 0.61 percent to 22,162 as of 10:25 am. Hero MotoCorp emerged as the top performer with a significant surge of 4.6 percent. Following closely were M&M with a gain of 1.98% and Bajaj Auto with an uptick of 2.28%. Eicher Motors and Tata Motors also showcased positive momentum, registering gains of 0.78% and 1.05%, respectively. On the flip side,...

May 8, 2024 10:52 AM

BSE Sensex Slips 390 Points, Nifty50 Near 22,200

Today, the Indian equity benchmark indices, BSE Sensex and Nifty50, opened in the red, indicating a cautious start to the trading session on Wednesday. While the BSE Sensex experienced a decline of around 300 points, the Nifty50 hovered near the 22,200 mark. As of 10:38 AM, the BSE Sensex was trading at 73,118.28, down by 393.57 points or 0.54%, while the Nifty50 stood at 22,211.00, down by 91.50 points or 0.41%. The previous trading session on Tuesday witnessed volatility in the Indian stock m...

May 3, 2024 12:22 PM

Nifty 50 opens at record high as Indian indices track Asian peers

Nifty 50 opens at record high as Indian indices track Asian peers India’s benchmark indices witnessed sharp gains during the opening session on Friday, with the Nifty 50 surging to a record high, buoyed by a positive trend in global markets. The Nifty rose by 0.61 percent to a record high of 22,785.45 points, while the Sensex gained 0.63 percent to 75,080.05. Bajaj Finance, Bajaj Finserv, Shriram Finance, Hindalco, and ICICI Bank were among the major gainers on the Nifty, while shares of Po...

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...

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