Sensex, Nifty rise on strong Q2FY22 GDP growth

Indian shares rose over 1% on Wednesday, boosted by metals, auto and banking stocks, after growth data showed India grew at a faster pace than any major economy in the September quarter. The blue-chip NSE Nifty 50 index was up 1.2% at 17,187.65 by 9:17 am, while the benchmark S&P BSE Sensex rose 1.11% to 57,696.68.…

Sensex, Nifty close higher as Reliance, Kotak Mahindra Bank gain

Indian shares recovered early losses to end higher on Monday, boosted by gains in Reliance, Kotak Mahindra Bank and technology stocks, while world markets were steady on hopes the new coronavirus variant would likely be mild. Earlier in the day, the benchmark indexes fell more than 1% to hit three-month lows. The…

Indian GDP likely boosted in July-Sept as lockdowns lifted: Report

India’s economic recovery likely strengthened in the previous quarter, boosted by services activity that recovered after pandemic-related mobility restrictions were eased, a Reuters poll of economists found. The Nov. 22-25 poll of 44 economists put the median year-on-year growth forecast at 8.4% in the…

Sensex at record high after gaining 400 points, Nifty tops 16,800 for 1st time

Indian shares jumped to record highs on Monday, boosted by automaker and metal stocks, while broader Asian peers’ rise on Federal Reserve Chair Jerome Powell’s speech last week also aided gains. The blue-chip NSE Nifty 50 index was up 0.67% at 16,817.40 by 9:22 am and headed for its sixth straight session…

WTC Final: Don’t think England Tests will give us huge advantage vs India, says New Zealand Coach Gary Stead

The Test series win against England has boosted New Zealand’s confidence ahead of the World Test Championship final, but head coach Gary Stead doesn’t feel it gives his team an advantage over India. HIGHLIGHTS It is a real privilege and pleasure to be part of the WTC final: Gary Stead New Zealand pace pack…