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…

Shilpa Medicare shares rally over 5% after DRDO approves manufacture, sale of anti-Covid drug

Share of Shilpa Medicare rallied over five percent after the company received in-principle approval from the Defence Research & Development Organisation (DRDO) to manufacture and sale of 2-Deoxy-D-Glucose (2DG). The Drug Controller General of India (DCGI) had granted emergency approval to 2DG for COVID-19 patients…

Stocks To Watch; ONGC, Ashok Leyland, Bank of Maharashtra, Cadila Healthcare

The domestic stock markets are likely to start the last trading day of the week on a muted note, post the rally witnessed in the previous session. Trends on SGX Nifty indicate a flat opening for the index in India, with a 10-point gain. At 7:30 am, the Nifty futures were trading around 15,847, higher by 10 points, on…

Top stocks to watch out for on June 23

The Indian market is likely to open higher on Wednesday following a mixed trend in Asian peers. At 7:10 am, the SGX Nifty was trading 49.00 points or 0.31 percent higher at 15,819.00, indicating a positive start for the Sensex and Nifty50. HDFC Bank | The bank, along with its subsidiary HDFC Securities, will pick up a…

10 things you need to know before the opening bell on June 23

The Indian market is likely to open higher on Wednesday following a mixed trend in Asian peers. At 8:02 am, the SGX Nifty was trading 124 points or 0.79 percent higher at 15,881, indicating a positive start for the Sensex and Nifty50. 1. Wall Street: Stocks finished higher on Wall Street Tuesday, nudging the S&P…

10 things you need to know before the opening bell on June 21

The Indian market may open sharply lower on Monday amid weak global cues. At 7:35 am, the SGX Nifty was trading 185.00 points or 1.17 percent lower at 15,565.00, indicating a negative start for the broader index in India. 1. US stocks | All three main indices on Wall Street dropped Friday with investors wary of a more…

CNBC-TV18’s top stocks to watch out for on June 21

The Indian market is expected to open lower on Monday following losses in global peers. The trend on SGX Nifty also suggests a negative start for the broader index in India. The Nifty futures were trading 164.50 points or 1.04 percent lower at the 15,585.50 level on the Singaporean Exchange at 7:10 am. Telecom…

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…

Global Markets: Fed update weighs down Wall Street, adds fuel to the dollar

All three main indices on Wall Street dropped Friday with investors wary of a more hawkish stance from the US Federal Reserve, while the dollar posted the strongest gains in over a year and oil prices continued a steady climb. After starting the week near record highs, US stocks have steadily dropped since Fed…