May 28, 2024 12:47 PM

Sensex, Nifty tread cautiously as Lok Sabha results near

After a stellar rally over the past few weeks, Indian benchmark indices have faced resistance in the past couple of sessions. On Tuesday, both the Sensex and Nifty traded flat with a downside bias. The NSE Nifty 50 was down 0.17% at 22,890.6 points, while the S&P BSE Sensex fell 0.18% to 75,258.55 points, as of 12:42 p.m. IST. According to market experts, any gain in the indices will depend on various macroeconomic data scheduled for later this week, including Q4 India GDP and US inflatio...

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 27, 2024 10:32 AM

Investors bet on Indian stocks expecting PM Modi’s return to office, indices at fresh high

Indian stock indices continued their rally, reaching yet another fresh lifetime high on Monday tracking strong global market cues, hopes of Prime Minister Narendra Modi's comfortable return to office, besides other strong macroeconomic fundamentals. At 9.19 am, at the time of filing this report, Sensex was 0.2 per cent higher at 75,585 points, after touching an all-time high of 75,679 points soon after the opening bell. Similarly, Nifty too remained around its all-time high of 23,000 points. ...

May 24, 2024 5:51 PM

Market fails to hold record high, ends flat amid volatility

In a rangebound trading session on May 24, India's benchmark indices reached fresh record highs, with the Nifty surpassing the 23,000 mark for the first time. Despite the early gains, the indices failed to maintain higher levels and ended the day with minimal change. At the close of trading, the Sensex had decreased by 7.65 points, or 0.01 percent, to 75,410.39, while the Nifty had declined by 10.55 points, or 0.05 percent, to 22,957.10. For the week, both the BSE Sensex and Nifty50 indices rec...

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 ...