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...

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...