Stock market today: Despite mixed trends in the global markets, the Indian stock market ended higher on Friday. The Nifty 50 index finished 186 points higher at 24,502. The BSE Sensex shot up 622 points and closed at 80,519, whereas the Bank Nifty index ended marginally higher at 52,278. The rally in the Indian stock … Read more
Stock Market News: The market-leading Tata Consultancy Services’ earnings indicated early indications of recovery in the industry, and on Friday, IT stocks joined an over-month-long record-breaking surge that sent the domestic benchmark indexes, the Sensex and Nifty 50, to record closing highs. The Sensex gained 0.78% to close Friday’s session at 80,519.34, while the Nifty … Read more
Former HDFC AMC chief Prashant Jain’s 3P India Equity Fund 1 has comfortably beaten the Nifty 50 index in its first year, despite largely ignoring small and mid cap stocks. According to the latest data, as of 28 June, the category-3 alternative investment fund (AIF) delivered a 58.4% return since it was launched in May … Read more
Stock market today: Following weakness in the global markets, after the US Fed Jerome Powell did not offer any timeframe for the US Fed rate cut in 2024, the Indian stock market witnessed its worst session since 4th June 2024. The Nifty 50 index lost 108 points and closed at the 24,324 mark; the BSE … Read more
Stock market news: After the disappointing Lok Sabha Election results, the Indian stock market witnessed intense selling pressure. However, frontline Indian indices bounced back strongly in the following sessions. After a gap of one month post-Lok Sabha polls, the Nifty 50 index has registered its highest-ever monthly gain post-results. In one month, the Nifty 50 … Read more
Stock Market News: Although the domestic benchmark indices, Sensex and the Nifty 50, ended the Friday session in the red after rallying for four days, but they ended the month with their biggest gain in 2024 thanks to the return of foreign capital and the return of Prime Minister Narendra Modi to the fold. Nifty … Read more
Shares of Reliance Industries, India’s largest company by market capitalisation, reclaimed the ₹3,000 mark in today’s trading session after a 15-session gap, setting a new record high of ₹3,037.95 per share by gaining 4.50%. By the session’s close, the stock settled at ₹3,028, reflecting a significant 4.12% increase, marking its third-largest intraday gain in CY24 … Read more
In early trade, the 30-share BSE Sensex increased by 134.64 points to reach a new all-time high of 78,188.16. The Nifty increased to 23,749.50, up 28.2 points. Subsequently, though, both benchmark indices had volatile trends and fluctuated between highs and lows. Financial Services, IT, Media, and Private Banks were among the sectoral indices at the … Read more
The 30-share BSE Sensex opened higher by 495.48 points or 0.65% at 77,102.05 level while the Nifty 50 started off at 23,480.95 level, up 158 points or 0.68%. According to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, there is excellent news on inflation in both the US and India. In May, US … Read more
In the first week of June, investors will keenly eye the ongoing Lok Sabha election developments, the upcoming Monetary Policy Committee (MPC) meeting by the Reserve Bank of India (RBI), domestic and global macroeconomic indicators, auto sales figures, foreign fund inflow, crude oil prices, and global cues. Also Read: Bulls to reign on D-Street after … Read more