Sensex | DD News

June 7, 2024 12:34 PM

Sensex, Nifty up ahead of RBI policy decision

The stock market kicked off the trading day on a positive note, witnessing a surge in both the Sensex and Nifty indices at the opening bell ahead of RBI monetary policy on Friday. The benchmark BSE Sensex opened higher by 81.57 points, reaching 75,156.08, while the NSE Nifty began the session with a gain of 38.50 points, opening at 22,859.90. This early positive momentum set a buoyant tone for investors and traders, reflecting a hopeful start to the trading session. Among the Nifty-listed com...

June 6, 2024 1:01 PM

Sensex, Nifty open higher as PM Modi gears up for third term

Indian benchmark indices opened higher on Thursday, buoyed by the BJP-led NDA's unanimous announcement that Prime Minister Narendra Modi will lead a new coalition government for a third consecutive term. The Sensex surged 378.59 points, opening at 74,804.68, while the Nifty gained 105.65 points, starting the day at 22,726.00. Among the Nifty companies, 29 advanced while 21 declined. NTPC, SBI, ONGC, Coal India, and Power Grid were the top gainers, while Britannia, Hindustan Unilever, Cipla, Hi...

June 5, 2024 9:57 AM

Asian stocks rise on rate-cut wagers; spotlight on India

Asian stocks rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up bets of an interest rate cut in September from the Federal Reserve ahead of a crucial payrolls report this week. Investor worries of a cooling U.S. economy, however, kept a lid on risk appetite, while the focus in Asia is on how Indian markets fare after stocks sank and the rupee slid on Tuesday following voting results that showed a slimmer-than-expected victory margin for Prime Mini...

June 4, 2024 5:10 PM

Sensex, Nifty plunge as BJP’s likely weaker win leads to policy worries

Indian stocks suffered their worst intraday fallsince March 2020 on Tuesday, as vote counting trends in the general election suggested Prime Minister Narendra Modi's alliance was unlikely to win the overwhelming majority predicted by exit polls. With about half the votes counted, Modi's own Bharatiya Janata Party (BJP) looked unlikely to secure a majority on its own in the 543-member lower house of parliament and would need allies in the National Democratic Alliance (NDA) to form the government...

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...