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,…

Cryptocurrency Prices on June 10: Bitcoin crosses $37k; Ether, Dogecoin soar

The cryptocurrency market was broadly trading in the green on Thursday. Bitcoin, the world’s largest cryptocurrency by market cap, jumped 13 percent after El Salvador voted to adopt Bitcoin as a legal tender. Alternative digital coins, or altcoins, were also trading higher. The price rise comes despite the rising…

GameStop names Amazon veteran as CEO; sales accelerate

GameStop, the video-game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it brought on a pair of Amazon veterans as its new chief executive and chief financial officer to aid in its much anticipated digital turnaround. Matt Furlong, who most recently oversaw Amazon’s…

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…

Top stocks to watch out for on June 1

The Indian market is likely to open higher on Tuesday as the trend on SGX Nifty indicates a positive start for the broader index in India. The Nifty futures were trading 72.50 points or 0.47 percent higher at the 15,652.50 level on the Singaporean Exchange at 7:10 am. Auto stocks | The automobile companies will…

10 things you need to know before the opening bell on May 31

The Indian market may open lower on Monday amid mixed global cues as the trend on SGX Nifty indicates a negative start for the broader index in India. The Nifty futures were trading 56.00 points or 0.36 percent lower at the 15,436.50 level on the Singaporean Exchange at 7:45 am. 1. Wall Street | US stocks climbed on…

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…

Stocks To Watch: Grasim Industries, Panacea Biotec, SBI Cards

Grasim Industries reported a 35.7 per cent rise in net profit at ₹ 480.2 crore for the quarter ended March 2021 from ₹ 353.8 crore in the same quarter last year. The domestic stock markets are likely to open in the green, extending the gains witnessed in the previous session, as trends on SGX Nifty…