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…

Explained: Why Adani Group shares fell sharply on stock market

Shares of Adani group companies plunged on stock exchanges to hit lower circuits after NSDL took action against three foreign funds that are among the top stakeholders in four of the conglomerate’s listed firms. hares of Adani Group companies fell sharply on the stock market after the National Securities…

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,…

Closing Bell: Sensex ends 334 points lower, Nifty below 15,650; auto, banks drag

The Sensex ended 334 points lower at 51,941 while the Nifty lost 105 points to settle at 15,635. Indian indices pared gains to ended lower on Wednesday as all key sectors witnessed broad-based selling with auto, banking and metals dragging the most. The Sensex ended 334 points lower at 51,941 while the Nifty lost 105…

Top stocks to watch out for on June 7

The Indian market is likely to open higher on Monday following gains in global markets. At 7:10 am, the SGX Nifty was trading 68.00 points or 0.43 percent higher at 15,777.00, indicating a positive start for the broader index in India. Maruti Suzuki | The company’s total production in May 2021 jumped to 40,924…

10 things you need to know before the opening bell on June 7

The Indian market may start Monday’s trading session at a fresh record high as the trend on SGX Nifty indicates a gap-up opening for the broader index in India. The Nifty futures were trading 26.00 points or 0.17 percent higher at the 15,735.00 level on the Singaporean Exchange at 7:45 am. 1. Wall Street | US…

Top stocks to watch out for on June 2

The Indian market is likely to open flat on Wednesday amid mixed global cues. At 7:05 am, the SGX Nifty was trading 7.00 points or 0.04 percent lower at 15,624.00, indicating a subdued start for the broader index in India. ITC | The company’s Q4FY21 standalone net profit fell 1.3 percent to Rs 3,748.4 crore from Rs…

Meme stocks AMC, GameStop poised to end strong week on a high

Shares of AMC Entertainment and GameStop gained on Friday, on track for a strong end to a spectacular week, which has already seen the movie theater chain’s market value double as retail traders stormed back into meme stocks. AMC’s shares were up 17.3% to $31.11 in U.S. premarket trading on Friday, while…