Indian markets rally for the fourth consecutive week, IPOs steal the spotlight

Indian markets retained their positive trajectory, closing the last week in the green, marking the fourth straight weekly gain. Despite this upward move, markets exhibited a confined trading range with an optimistic undertone. Analysts attribute this trend to the prevalence of profit booking, driven by a notable shift in investor attention towards the primary market, …

Read more

Markets decline in early trade due to weak global cues and foreign fund outflows, Rupee falls against dollar

Image Source : PTI/FILE Stock markets update (September 6) Due to weak global cues and foreign fund outflows, equity benchmark indices declined in early trade on Wednesday. The BSE Sensex declined 45.66 points to 65,734.60 in early trade. The Nifty slipped 12.75 points to 19,562.15. However, later both the benchmark indices rebounded and were trading in …

Read more

Markets experience significant decline in early trade, following all-time highs; Rupee weakens against dollar

Image Source : PTI/FILE Stock markets update Stock markets: Equity benchmark indices began the week on a downward trend, pulled down by Reliance Industries whose weak performance in the oil-to-chemicals (O2C) business caused them to miss street estimates. This marks the second consecutive session of corrections from their all-time highs. Foreign fund outflows and crude …

Read more

Early trade witnesses markets sliding after a continuous record-breaking rally; Rupee weakens against the dollar

Image Source : PTI Stock markets update Stock markets: The equity benchmark indices took a hit in early trade on Friday following a non-stop record-breaking rally, with IT giant Infosys leading the decline after slashing its FY24 growth outlook. Reliance Industries and Tata Consultancy Services also contributed to the bearish trend by experiencing a decline …

Read more

Foreign Fund Inflows Drive Stock Markets Sensex and Nifty to All-Time High, But Rupee Weakens Against Dollar

Image Source : PTI Stock markets update Stock markets: The equity benchmark indices Sensex and Nifty continued their impressive performance on Wednesday, reaching record-high levels in early trade. This upward trend can be attributed to foreign fund inflows and optimism in the US markets. The markets also received a boost from buying in index majors …

Read more

Sensex and Nifty Surge to Record Highs in the Early Trading Session; Rupee Strengthens Against the Dollar

Image Source : PTI Stock markets update Stock markets: Following a rally in global markets and moderating US CPI inflation data, the Sensex and Nifty reached their all-time high levels, resulting in a rebound for the benchmark equity indices in early trade on Thursday. Furthermore, buying in Tata Consultancy Services, a market heavyweight, contributed to …

Read more

Equity Markets Surge in Early Trading Following Influx of Foreign Funds; Rupee Strengthens against Dollar

Image Source : PTI Stock markets update Stock markets: The benchmark equity indices have extended their rally for the third consecutive day due to continuous foreign fund inflows and buying in Reliance Industries. The US market rally on Tuesday has also contributed to the positive momentum. The BSE Sensex, which consists of 30 major stocks, …

Read more