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Indian equity markets closed on a record-high note on Monday, with both the NSE Nifty 50 and the BSE Sensex reaching unprecedented levels.

Nifty hit highs, banks drive market up

June 25, 2024, 05:12 PM - 2 min read

Leading the charge in the Nifty 50 were Shriram Finance, Axis Bank, ICICI Bank, and both HDFC entities. Meanwhile, the Bank Nifty index also saw a remarkable rally, gaining over 1,000 points in a single day and reaching an all-time high of 52,746.50. The Bank Nifty closed 902 points or 1.74% higher from its previous close, at 52,606.

In a session marked by fluctuating intraday gains, the Indian stock market closed at record highs on Monday, with both the Nifty and Sensex reaching new milestones.

Nifty closes in green after hitting fresh record

June 13, 2024, 04:20 PM - 2 min read

Top gainers on the Nifty 50 included Shriram Finance, HDFC Life, Divis Labs, and M&M, each rising between 3 to 5 percent. On the other hand, HUL, Britannia, Axis Bank, and Eicher Motors were among the worst-performing stocks, experiencing declines ranging from 1 to 2 percent. Sector-wise, Nifty Realty and Nifty IT emerged as the major gainers, rising by 2 percent and 1 percent, respectively. Conversely, Nifty Media and Nifty FMCG experienced declines of 1 percent and 0.6 percent, respectively.

BSE companies hit ₹429.32 lakh crore record Mcap

June 12, 2024, 06:23 PM - 2 min read

The market capitalisation of BSE-listed firms stood at Rs 4,29,32,991.65 crore (USD 5.14 trillion) -- its lifetime high. The Sensex was on the back foot for the past two trading sessions.

Investors’ wealth up Rs 21 lakh cr in 2-day stock rally

Investors gains Rs 21 lakh cr in 2-day stock rally

June 6, 2024, 05:58 PM - 2 min read

Dalal Street investors saw their wealth increase by Rs 21 lakh crore over two days as the BSE Sensex surged 4% due to upbeat market sentiment following the NDA's majority win in parliamentary polls, with major gains in tech and finance stocks.

Sensex snaps 5-day slide, up 75 pts; Nifty gains 0.19%

Sensex snaps 5-day slide, gains 75 points

May 31, 2024, 04:46 PM - 2 min read

Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses.

Indian equity markets started on a positive note this Wednesday as both the BSE Sensex and Nifty50 opened higher.

Indian equity indices open in green, Sensex surges over 100 points

May 22, 2024, 03:52 PM - 2 min read

Among the top gainers on the NSE were Hindustan Unilever, Britannia, Tata Consumers, Coal India, and Reliance. However, some major losers included BPCL, Hero Motocorp, Hindalco, Apollo Hospitals, and Sun Pharma.

As the general elections loom on the horizon, investors are directing their attention towards quality midcap and smallcap stocks. On Monday, benchmark indices Nifty 50 and Sensex closed higher, primarily fueled by a robust buying interest in financial shares.

Pre elections rally boost market sentiment

April 29, 2024, 04:11 PM - 2 min read

Market participants are strategically focusing on quality mid and smallcap stocks, particularly those associated with government-backed sectors such as railways, defense, construction, rural development, and solar panels.

Domestic benchmark indices continued their downward trajectory for the fifth consecutive day on Friday, weighed down by escalating tensions in the Middle East, which soured investor sentiment worldwide.

Stocks extend losses for fifth day amid middle east tensions

April 19, 2024, 01:04 PM - 2 min read

All sectoral indices in India finished in the red, with realty and PSU bank stocks taking the hardest hits.

In early trade on Wednesday, benchmark equity indices Sensex and Nifty faced a downturn, influenced by weak global trends, escalated crude oil prices, and foreign fund outflows.

Equity markets decline amid global weakness and higher oil prices

April 3, 2024, 10:13 AM - 2 min read

Among the Sensex constituents, 22 stocks trended downwards, with Bharti Airtel, Nestle India, Sun Pharma, and IndusInd Bank being the prominent decliners. Conversely, Ultratech Cement, Tech Mahindra, Axis Bank, and Tata Steel managed to sustain positive momentum.

The Indian stock market witnessed a robust uptrend today, with both the benchmark indices, Nifty and Sensex, closing significantly higher.

Nifty surges past 22,000 mark, Sensex notches solid gains in broad-based rally

March 21, 2024, 05:23 PM - 2 min read

Financial and power stocks were among the top performers on Dalal Street, driving the market sentiment positively throughout the trading session. Notable gainers in the Nifty basket included NTPC, BPCL, Power Grid, Tata Steel, and Coal India, each posting gains ranging between 3 to 4 per cent. Conversely, stocks such as Bharti Airtel, HDFC Life, Maruti Suzuki, ICICI Bank, and ONGC faced losses.

On Tuesday, The Indian stock market witnessed a significant downturn with key indices plunging amidst a broad-based sell-off.

Nifty cracks below 21,850, Sensex falls 736 points amid broad-based sell-Off; IT stocks worst hit

March 19, 2024, 04:45 PM - 2 min read

During today's trading session, IT stocks experienced a significant downturn, particularly intensified by a sharp decline in Tata Consultancy Services (TCS) shares along with Fast Moving Consumer Goods (FMCG) stocks.

In sync with the downward trend in Asian markets and the recent outflow of foreign funds, India's benchmark equity indices, Sensex and Nifty, experienced a decline in early trading on Tuesday.

Sensex and Nifty plummet in early trading amidst weak asian markets and foreign fund withdrawals

March 19, 2024, 10:41 AM - 2 min read

Leading the downturn in the Sensex were prominent stocks like Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro, and NTPC. However, Tata Steel, Bajaj Finance, JSW Steel, and Bharti Airtel showed signs of improvement.