The Indian market hit a fresh record high on Thursday amid short covering following RBI’s record dividend payout to the government that could lead to better fiscal position and softer bond yields. The S&P BSE Sensex rose nearly 1,200 points to hit a record high of 75,499 while the Nifty50 closed at 22,967. “There was … Read more
Equity markets will remain closed on Monday on account of the Mumbai elections, according to the market holiday calendar of BSE. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed tomorrow. The Multi-Commodity Exchange (MCX) will remain closed for the morning session but will be open for the … Read more
Indian market snapped 5-day winning streak on Friday to close in the red tracking muted global cues. The S&P BSE Sensex fell more than 600 points while the Nifty50 managed to hold on to 22,400 levels. Sectorally, buying was seen in healthcare, realty, public sector and consumer durable while selling was seen in capital goods, … Read more
Average returns by 27 stocks in the S&P BSE Capital Goods index are nearly three times higher than those given by S&P BSE Sensex in the financial year 2024 so far. Out of these, seven stocks have given multibagger returns of up to 458% during this period and yet trading at a nearly 30% discount … Read more
The Indian market closed higher for the fourth consecutive day in a row on Friday. The S&P BSE Sensex rose more than 800 points while the Nifty50 closed just a shade below 21,900 levels. Sectorally, buying was seen in IT, realty, oil & gas and public sector while selling was seen in healthcare, utilities and … Read more
Indian frontline indices S&P BSE Sensex and Nifty50 on Friday ended with modest weekly gains of nearly 0.10% amid mixed global cues. Amid a host of important domestic and global events lined up during this holiday-shortened week, know what lies ahead for the stock markets. On Monday, November 27, the domestic equity markets will remain … Read more
New Delhi: The semi annual rebalance of S&P BSE Sensex is scheduled for Friday, December 16. This will be in effect from Monday, December 19. The rebalance of the benchmark index happens twice a year, in every six months. In the latest round of rejig of the 30-share pack, Tata Group’s automobile arm will replace … Read more
The Indian market fell in morning trade on Tuesday tracking a muted trend seen in other Asian markets which were trading lower on recession fears. The Nifty50 slipped below 17,300 in the first 15-minutes of trade while the S&P BSE Sensex fell more than 100 points. Sectorally, buying was seen in FMCG, telecom, power, utilities, … Read more
By Moxy Ying, Abhishek Vishnoi and Ishika Mookerjee Even as traders in India fret over how much more pain the nation’s uncontrolled coronavirus surge will inflict on local stocks, some seasoned investors are getting ready to dip their toes back into the market. Concerns that a fresh round of lockdown-like rules triggered by the new … Read more
NEW DELHI: Eight of the top-10 most valued companies together added Rs 1,28,503.47 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys leading from the front. The valuation of Tata Consultancy Services (TCS) jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore, becoming the biggest gainer among the top-10 most … Read more