Indian equities ended on a positive note on Thursday, despite weak global sentiment. The Nifty settled with a minor gain of 30 points at 19,465, while the Sensex added 137.5 points, ending at 65,539. Sectorally, the media, realty, and healthcare indices led, while the metal index ended with a decline of 0.94%. Investor sentiment has … Read more
Equity benchmark indices Sensex and Nifty fell by 1% on Wednesday on weak global market trends and continuous foreign fund outflows. Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades. The … Read more
India’s bluechip Nifty 50 index fell for the first time in nine sessions on Friday, succumbing to the persistent concerns of US rate hikes that have weighed on global equities. The Nifty 50 settled 0.85% lower at 19,331.80, while the 30-member S&P BSE Sensex fell 0.77% to 65,280.45. Both indexes hit record highs for the … Read more
Equity benchmarks Sensex and Nifty pared early gains to close lower on Monday as investors offloaded telecom, power and utility stocks amid a bearish trend in global markets and profit booking. Intense selling in private bank counters like ICICI Bank and Kotak Bank also dragged the indices down, brokers said. Indian equities ended the first … Read more
The continued bull run in the broader market saw 17 stocks on the BSE 500 register double-digit gains last week. This has further widened the premium gap of some of the companies to the industry valuation. The top performers were , , , , , and , having gained 14-28 per cent this week. Mishra … Read more
NEW DELHI: Mazagon Dock Shipbuilders’ 49 per cent listing gains disappointed many investors, who had been expecting it to make a debut with at least 80 per cent gain. The listing pop was nowhere near IRCTC’s 101 per cent seen during its October 2019 listing nor PowerGrid’s 63 per cent during its 2007 listing. It, … Read more