Indian benchmark equity indices plunged across the board on Tuesday, posting their worst session in more than four years, as voting trends showed Prime Minister Narendra Modi’s alliance fell short of a predicted landslide victory. The NSE Nifty 50 sank 5.9% and the S&P BSE Sensex tumbled 5.7%, posting their steepest decline on an election …
Nifty ended Monday’s trading session 733 points higher with analysts saying that if the election results are better than expected on Tuesday the headline index can even cross the 24,000 mark. The bulls are in full control of the markets at the current juncture and are using every minor pullback to create long positions. Support …
Stock Market News: The domestic benchmark indices, bonds and the rupee are expected to rise during Monday’s trading session following exit polls that projected Prime Minister Narendra Modi’s party had won fairly in the general elections that ended on Saturday. The majority of polls estimate the Bharatiya Janata Party (BJP)-led alliance will win between 350 …
Stock Market News: Friday’s intraday trading saw the domestic benchmark indices, the Sensex and Nifty 50, reach record highs before ending slightly down as a result of profit-booking in the IT, FMCG, and healthcare sectors. Though the markets were supported by fresh inflows of foreign cash and steady prices of crude oil on international exchanges, traders …
SML Isuzu: Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) JK Lakshmi Cement: Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) Honasa Consumer: Net profit at Rs 30 cr vs loss …
After experiencing significant volatility, the Indian benchmark indices resumed their upward momentum last week, with both the Nifty 50 and Sensex achieving their second-best weekly gains in 2024, led by favorable domestic and global factors. The Nifty 50 closed the week with a gain of 2.03%, marking its most significant weekly increase since January 2024, …
With the Federal Reserve signalling potential rate cuts, the domestic market benchmark Nifty 50 recorded significant gains on Thursday, March 21. Despite these gains, the index has only risen by approximately one per cent for the calendar year 2024 (CY24). The timing and magnitude of potential rate cuts by the Fed remain uncertain, leaving questions …
The sell-off pressure observed in the mid- and small-cap stocks over the last few sessions amid regulatory concerns regarding excessive inflows has spread to the large-cap stocks. In today’s session, the Nifty 50 index experienced a significant decline of 1.51%, dropping below the 22,000 mark to reach 21,997 points. This marks the index’s third-largest intraday …
Indian shares rebounded in the final two hours of trade on Wednesday, led by a jump in public sector enterprises on the back of comfortable valuations while a drop in IT stocks after hot US inflation data capped the gains. The NSE Nifty 50 index rose 0.45% to 21,840, while the S&P BSE Sensex settled …
Stock Market News: Domestic equity benchmark indices, the Sensex and the Nifty 50, ended in green on Friday’s session led by by buying in financial, fast-moving consumer goods (FMCG), and pharma stocks. According to analysts, Nifty 50 stuck to rebound gains as the bulls regrouped at session lows indicating ‘lack of bearish conviction’. However, a …