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Searched Tag: stock market
Stocks Gain With Nifty 71 And Sensex 102 Points Today.

Sensex and Nifty rise with FMCG and IT stocks leading

August 21, 2024, 04:54 PM - 2 min read

On August 21, the Indian stock market saw continued positive momentum, with the Nifty 50 index marking its fifth consecutive session of gains. The index closed at 24,770.20, up by 71 points or 0.29 percent. The Sensex also ended the day on a positive note, rising by 102 points or 0.13 percent to close at 80,905.30.

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Stocks Surge Nifty 50 and Sensex Close Higher Investors Benefit.

Nifty 50 and Sensex rise, investors gain over ₹2 Lakh Cr

August 20, 2024, 04:17 PM - 2 min read

On Tuesday, August 20, the Indian stock market experienced a notable boost, with the Sensex and Nifty 50 both closing significantly higher. The Sensex gained 378 points, or 0.47%, ending at 80,802.86. Similarly, the Nifty 50 rose by 126 points, or 0.51%, closing at 24,698.85. This upward trend was supported by positive global cues and market sentiment.

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Markets climb in early trade after two days of decline amid rally in US equities

Markets climb in early trade after two days of decline

August 14, 2024, 10:01 AM - 2 min read

The 30-share BSE Sensex climbed 144.92 points to 79,100.95 in early trade. The NSE Nifty went up 57.5 points to 24,196.50.

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Adani stocks in focus as Hindenburg stirs fresh controversy

August 12, 2024, 09:25 AM - 2 min read

The accusations, coupled with ongoing global concerns about a potential US recession, have market experts predicting heightened volatility.

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Sensex, Nifty drop nearly 1% after RBI holds policy rate

Sensex, Nifty drop nearly 1% after RBI holds policy rate

August 8, 2024, 04:38 PM - 2 min read

Equity indices Sensex and Nifty fell nearly 1% on Thursday after the RBI held the policy rate steady for the ninth consecutive time, citing persistent food inflation. Sensex dropped 581.79 points to 78,886.22, while Nifty declined 180.50 points to 24,117.

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Sensex drops 166 points, Nifty ends below 24,000 amid volatile trade

Sensex loses 166 pts; Nifty ends below 24,000 mark

August 6, 2024, 06:15 PM - 2 min read

The Sensex dropped 166 points to 78,593.07, and the Nifty fell 63.05 points to 23,992.55 due to late selling in banking and telecom stocks. Despite early gains from a rebound in Asian markets, weak US jobs data and upcoming RBI policy decisions contributed to the market's volatility and decline.

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Market's worst drop since June, investors lose ₹15 lakh cr

August 5, 2024, 05:38 PM - 2 min read

The sharp decline led to a staggering loss of over Rs 15 lakh crore for investors in just one day, marking a significant financial hit.

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Stock Market Peaks as Sensex and Nifty Set Fresh Records.

Sensex Nifty 50 hit new highs amid midcap losses

August 1, 2024, 05:47 PM - 2 min read

On August 1, the Indian stock market saw its key benchmarks, the Sensex and Nifty 50, hit new closing highs. This was a continuation of their recent gains, marking their fifth consecutive day of rising values. The Sensex closed at 81,867.55, up 126 points or 0.15 percent, while the Nifty 50 ended at 25,010.90, gaining 60 points or 0.24 percent.

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The Sensex and the Nifty 50—closed higher for the fourth consecutive session on Wednesday, July 31, buoyed by positive global cues following the Bank of Japan’s (BoJ) decision to raise interest rates.

Sensex and Nifty rally for fourth straight day

July 31, 2024, 06:21 PM - 2 min read

From the Sensex basket, the stars of the day included JSW Steel, Asian Paints, Maruti Suzuki India, NTPC, Bharti Airtel, and ITC. These companies basked in the glow of investor favor, contributing significantly to the overall market performance.

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Equity benchmark indices played a tantalizing game of peekaboo with investors on Tuesday. Early trade saw the 30-share BSE Sensex inch up by 46.5 points to 81,402.34, while the NSE Nifty nudged ahead by 13.15 points to 24,849.25.

Global markets sluggish, FIIs offload equities

July 30, 2024, 11:01 AM - 2 min read

PowerGrid Corp, NTPC, Tata Motors, Asian Paints, Titan, Bajaj Finserv, and Hindustan Unilever were the major gainers. On the other hand, UltraTech Cement, Sun Pharmaceuticals, Mahindra and Mahindra, Tata Consultancy Services, Adani Ports and Special Economic Zone, and Nestle India seemed to take a collective sigh, dragging their feet as the day's laggards.

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India's benchmark indices, Sensex and Nifty, hit unprecedented intra-day highs only to close almost flat by the end of Monday. 

Markets reach record high but close flat ahead Fed decision

July 29, 2024, 06:41 PM - 2 min read

Among the Sensex's top performers was Larsen and Toubro, which climbed 2.77% following news of significant new orders valued between Rs 2,500 crore to Rs 5,000 crore. UltraTech Cement also had a noteworthy day, rising 1.42% after announcing its acquisition of a 32.72% stake in India Cements for Rs 3,954 crore. Conversely, India Cements saw a decline of 0.65%.

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This week, stock markets are set to be influenced by several key factors including the US Federal Reserve's interest rate decision, ongoing quarterly earnings, macroeconomic data, and Foreign Institutional Investor (FII) trading activity, according to analysts.

US Fed decision, earnings to influence stocks this week

July 28, 2024, 11:54 AM - 2 min read

The US Federal Reserve is set to announce its interest rate decision on July 31, a crucial event as markets anticipate a potential rate cut later this year. "Additionally, other macroeconomic data from the US and China will be closely monitored. On the domestic front, Q1 earnings will remain a key trigger, with many large companies scheduled to report their results," Meena added. Among the companies set to announce their quarterly results this week are GAIL, Adani Power, Bank of Baroda, BHEL, Coal India, M&M, Maruti, Tata Steel, Adani Enterprises, and Tata Motors.

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