Sensex | DD News

September 20, 2024 11:26 AM

Sensex, Nifty surge as global markets rally after Fed rate cut

India’s benchmark indices surged on Friday, tracking a global market rally fueled by the U.S. Federal Reserve's decision to cut interest rates by 50 basis points. The Nifty 50 gained 110.15 points, or 0.43%, to open at 25,525.95, while the Sensex rose by 418.24 points, or 0.50%, to 83,603.04. Market experts attribute the rally to sustained support from domestic investors, which has helped offset selling pressure from foreign institutional investors (FIIs). "US markets rebounded strongly, wi...

September 16, 2024 3:29 PM

Indian stock markets close lower on Thursday

Indian equity markets ended in the red on September 5, with the Nifty slipping below the 25,150 mark. The Sensex closed 151.48 points lower, or 0.18 percent, at 82,201.16, while the Nifty dropped by 53.60 points, or 0.21 percent, settling at 25,145.10. Market breadth was mixed, with 2,185 shares advancing, 1,585 shares declining, and 99 remaining unchanged. Leading the Nifty's gainers were Titan Company, LTIMindtree, Wipro, BPCL, and ITC. Meanwhile, Coal India, Britannia Industries, Cipla, Dr....

September 4, 2024 4:56 PM

Sensex, Nifty close lower as global markets stumble

India’s benchmark indices fell on Wednesday, as concerns over a potential slowdown in the U.S. triggered declines in global equities and shares of IT companies. The Sensex dropped 202.80 points, or 0.25%, to settle at 82,352.64, while the Nifty fell 81.10 points, or 0.32%, to close at 25,198.70. Market breadth was negative, with 1,935 shares declining, 1,852 shares advancing, and 90 shares remaining unchanged. Top gainers on the Nifty included Asian Paints, Grasim Industries, Hindustan Unil...

September 2, 2024 6:14 PM

Sensex and Nifty close higher, boosted by IT stocks

India's benchmark indices ended Monday on a positive note, buoyed by gains in IT, FMCG, and banking stocks. Investors remained optimistic about a potential rate cut by the U.S. Federal Reserve. The Sensex rose 194.07 points, or 0.24 percent, to settle at 82,559.84, while the Nifty added 42.80 points, or 0.17 percent, to close at 25,278.70. Market breadth was negative, with 1,684 shares advancing and 2,191 shares declining, while 133 shares remained unchanged. Top performers on the Nifty includ...

August 30, 2024 5:04 PM

Sensex, Nifty reach new record highs; markets await Q1 GDP data

India’s benchmark indices closed at fresh all-time highs on Friday, fueled by sustained buying from foreign portfolio investors (FPIs) and hopes of an imminent U.S. interest rate cut. The Nifty 50 rose 0.33% to reach 25,235.9, while the Sensex climbed 0.28% to 82,365.77. According to data from the National Securities Depository Limited, FPIs, who had previously been net sellers in Indian markets, have resumed accumulating shares. Among the sectoral indices, the pharma, realty, and healthcar...

September 16, 2024 3:33 PM

Nifty, Sensex upward trend continues, markets open with positive cues amid domestic inflows

Indian stock markets opened on a positive note in the final trading session of August, driven by a global rally in stocks following strong GDP numbers from the U.S. economy. The Nifty 50 gained 0.39% to open at 25,249.70, while the BSE Sensex rose 0.61% to 82,637.03 points. "Indian markets are expected to record a two decades high successive positive days run rate today. GDP is expected to come a little soft this evening. A lower than expected GDP number could lead to markets seeking a rate ...

August 29, 2024 4:51 PM

Sensex, Nifty close near record highs as Reliance Industries fuels rally

India’s benchmark indices soared to record highs on Thursday, driven by a surge in Reliance Industries shares following the company's announcement of a 1:1 bonus issue for equity shareholders and a Rs 75,000 crore investment in New Energy. The company shares rallied 1.55 percent after the announcement. The Sensex climbed 349.05 points, or 0.43 percent, to close at 82,134.61, while the Nifty gained 99.70 points, or 0.40 percent, ending at 25,152. Market activity was mixed, with 1,348 stocks a...

September 16, 2024 3:34 PM

Nifty, Sensex open flat amid decline in global indices

Indian stock markets opened with mixed signals on Thursday, reflecting the broader decline in global indices. The benchmark Nifty 50 index began trading down 17 points, or 0.07%, at 25,035.30, while the Sensex showed a marginal increase of 35 points, or 0.05%, opening at 81,822.56. The flat opening comes in the wake of pressure on global markets following Nvidia's quarterly results announcement. Despite strong financial performance, the tech giant's management guidance disappointed some investo...

August 22, 2024 4:25 PM

Sensex, Nifty end higher as banking, metal and realty sectors gain

Indian benchmark indices gained on Thursday, tracking positive sentiment in Asian shares. The U.S. Federal Reserve's latest policy meeting, which signaled a potential rate cut in September, boosted investor confidence. The Sensex rose by 147.89 points, or 0.18%, to settle at 81,053.19, while the Nifty added 41.30 points, or 0.17%, to finish at 24,811.50. Market breadth was positive, with over 2,100 stocks closing higher and over 1,200 ending lower. Among the top Nifty performers were Grasim In...

August 21, 2024 5:27 PM

Indian shares edge higher, led by FMCG, media stocks

India's benchmark indices held onto their early gains on Wednesday, closing the day in positive territory. The Sensex gained 102.44 points, or 0.13 percent, to 80,905.30, while the Nifty added 71.35 points, or 0.29 percent, to end at 24,770.20. Support from FMCG, media, and consumer durable stocks helped the indices remain steady throughout the day. The upbeat performance of U.S. markets, which have rallied for over a week, also provided a lift to Indian stocks. U.S. markets have recovered ov...