Sensex Rallies Over 200 Points; Autos, Financials Lead Gains

The domestic stock markets have opened in the green on the back of positive global cues. Wall Street had closed at new highs on Friday and early trends on SGX Nifty had indicated a gap-up opening for the markets back home. At 9:20 am, the Sensex was trading at 52,710.63, higher by 222 points or 0.47 per cent and…

Sensex Rises Over 100 Points; Reliance Industries, SBI Top Gainers

The domestic stock markets have opened mildly in the green, extending the gains witnessed in Friday’s session,amid mixed global cues. At 9:18 am, the BSE Sensex is trading at 53,054.25, higher by 127.85 points or 0.27 per cent and the Nifty is at 15,898.75, up 31.10 points or 0.17 per cent. In the broader market…

The Week Ahead: Here are key events that will guide the market next week

The Indian equity benchmark indices, Sensex and Nifty ended lower for the week gone by, snapping a four-week gaining streak. The Nifty declined 0.7 percent, while the Sensex closed around 0.2 percent lower. Investor sentiment weakened after the US Federal Reserve hinted at interest rate hikes by 2023 and taper the…

Sensex Recovers 850 Points From Day’s Low, Snaps Two Day Losing Streak

The equity benchmarks staged a strong recovery from intraday lows and snapped their two-day losing streak as late buying in Reliance Industries, HDFC Bank, Bajaj Finance, Hindustan Unilever and Infosys helped negate selling pressure in State Bank of India, Mahindra & Mahindra, NTPC and ONGC. The Sensex…

Closing Bell: Sensex ends 178 points lower, Nifty below 15,700; banks, metal drag

Indian indices ended lower on Thursday, weighed by banks and financials after the US Federal Reserve pulled up the rate hike timeline to 2023 from 2024 earlier citing rising inflation. The Sensex ended 178 points lower at 52,323 while the Nifty fell 76 points to settle at 15,691. “Indian equities traded…

Closing Bell: Sensex, Nifty end at record closing highs led by financials, FMCG stocks

The Sensex ended 221 points higher at its new closing high of 52,773 while the Nifty rose 57 points to settle at its fresh closing high of 15,869. Indian shares rose to all-time highs on Tuesday led by gains in financials and FMCG stocks as investors await outcome of the U.S. Federal Reserve’s policy meeting…

Sensex, Nifty hit record highs as Asian peers gain; US Fed meeting in focus

Indian shares rose to all-time highs on Tuesday as gains in broader markets helped investors look past data that showed retail inflation hit a six-month-high, with the focus shifting to the outcome of the U.S. Federal Reserve’s policy meeting later this week. The blue-chip NSE Nifty 50 index rose 0.39% to…

Sensex, Nifty close at record highs as more states ease Covid curbs

The blue-chip NSE Nifty 50 index rose 0.39% to 15,799.35 and the benchmark S&P BSE Sensex closed 0.33% higher at 52,474.76. Indian shares ended at a record high on Friday, gaining for a fourth consecutive week as more states eased pandemic restrictions, with investors seeming confident that high U.S. inflation…

Sensex, Nifty off Record Highs; Banking Shares Decline, IT Stocks Gain

The Indian equity benchmarks came off record highs hit earlier in the session as banking, financial services and capital goods shares came under selling pressure. However, buying in information technology shares capped the downside for the benchmarks. Earlier in the session, Sensex rose as much as 341 points to hit…

Sensex rallies 359 pts to end at 52,300, Nifty closes at 15,738; Bajaj Finance surges 8%

Sensex and Nifty registered sharp gains led by broad-based buying across sectors on Thursday. At close, the Sensex was up 358.83 points or 0.69% at 52,300.47, and the Nifty was up 102.40 points or 0.65% at 15,737.80. About 2254 shares have advanced, 699 shares declined, and 116 shares are unchanged. Bajaj Finance,…