Indian equity markets have been on a dream run this year and there are no signs of the momentum fading as benchmark indices hit fresh record highs on Friday. S&P BSE Sensex crossed 60,000 for the first time as investors remain optimistic about the future of the domestic stock markets. At 9:23 am, Sensex was trading…
Indian shares opened lower on Monday after four straight weeks of gains, weighed down by metal and auto stocks, while investors waited for cues from the U.S. Federal Reserve on its pandemic-era stimulus measures. The blue-chip NSE Nifty 50 index was down 0.3% to 17,526.9 by 9:31 am, and the benchmark S&P BSE Sensex…
Indian shares hit record highs for a second straight session on Tuesday, boosted by technology stocks and telecom firm Bharti Airtel, with investors focusing on economic growth data due later in the day. The blue-chip NSE Nifty 50 index was up 0.18% at 16,960.75 by 9:17 am and the benchmark S&P BSE Sensex rose…
Indian shares opened at record highs on Wednesday, boosted by heavyweight HDFC Bank after the country’s central bank relaxed restrictions on the private-sector lender for sourcing new credit cards. By 9:19 am, the blue-chip NSE Nifty 50 index was 0.39% higher at 16,678.95, while the benchmark S&P BSE Sensex…
Indian shares hit a record high on Friday, with banking and financial stocks leading gains, as the country’s retail inflation eased on improved supplies and government assured support to tide over economic strain caused by the pandemic. By 9:19 am, the blue-chip NSE Nifty 50 index was up 0.35% at 16,427 and the…
Indian shares hit record highs on Wednesday, led by financial and metals sectors, as June-quarter corporate earnings momentum boosted investor sentiment. By 9:17 am, the blue-chip NSE Nifty 50 index climbed 0.6% to 16,235 and the benchmark S&P BSE Sensex rose 0.7% to 54,187.97. The Nifty Financial Services Index…