Indian market opened higher on Monday despite muted global cues. The S&P BSE Sensex rallied more than 200 points to reclaim 59,000 mark while the Nifty50 also rose above 17,600 levels in the first 15-minutes of trade. Sectorally, buying was seen in metals, telecom, realty, banks and finance stocks while selling was seen in healthcare, … Read more
New Delhi: Domestic equity markets settled lower on Tuesday, tracking a dull mood in the global markets as investors cautiously awaited the US inflation data. Selling pressure in private lenders also weighed on the market mood. The 30-share pack Sensex shed 112 points or 0.19 per cent to close at 60,433. Its broader peer NSE … Read more
Gland Pharma made a strong debut on bourses during the week gone by, while aviation major SpiceJet and telecom player Vodafone Idea advanced up to 32 per cent. On the other hand, private lender Lakshmi Vilas Bank cracked more than 40 per cent after the government placed the bank under a one-month moratorium. Overall, heavy … Read more
NEW DELHI: Benchmark indices registered gains of one-and-a-half per cent during a week that saw tech stocks in the US plunging sharply but spectacular performance by Reliance Industries kept the market buoyant. Among the outperformers of this week, most names belonged to the internet, pharma and technology sectors while PSU sectors and multiplexes were among … Read more