Indian stock market: On Monday, domestic benchmark equity indices Sensex and Nifty 50 closed the session relatively unchanged, following mixed signals from global markets. However, by the afternoon, both indices had recovered their earlier losses and continued to climb, bolstered by positive trends in international stocks and fresh foreign investments. The 30-share BSE Sensex finished …
Indian stock market indices, Sensex and Nifty 50 succumbed to profit booking and traded lower on Thursday. The benchmark Nifty 50 fell below 22,300 level dragged by selling in realty, financials and pharma stocks. Brokerage firm Anand Rathi has suggested two stocks to buy in this market movement. According to the broking house, the current …
In the first quarter of FY25 (Q1FY25), companies within the Motilal Oswal Financial Services Limited (MOFSL) coverage universe are poised to showcase robust performance, driven by resilient demand trends and strategic initiatives across various sectors. MOFSL forecasts a notable year-on-year growth in revenue and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for its coverage …
Profit booking at higher levels took center stage as the Indian stock market benchmarks—the Sensex and the Nifty 50—ended their four-day winning streak with losses on Friday, June 28. Despite hitting fresh all-time highs during the session, both benchmarks succumbed to profit booking as investors took gains amid mixed global cues. The Nifty 50 reached …
On June 14, despite a sluggish start, the domestic benchmark equity indices Sensex and Nifty 50 closed higher, buoyed by gains in the auto and consumer durables sectors, while IT stocks saw profit booking, exerting downward pressure on the indices. The 30-share BSE Sensex ended the day up by 181.87 points or 0.24% at 76,992.77, …
There is much-needed optimism among market players as exit polls show a clear majority for the Modi government as India awaits the outcome of the historic election on June 4. The average of all exit polls indicates that the National Democratic Alliance (NDA), which had won 353 seats in 2019, is expected to win about …
Stock Market News: The Indian stock market benchmark indices, Sensex and Nifty 50, began the financial year 2024-2025 on a positive note. Both the frontline indices gained over a percent in the month of April. On Tuesday, the domestic equity indices succumbed to fag-end selloff and ended lower for the day. The benchmark Nifty 50 …
The company shares have been under pressure in recent sessions amid circulating reports of tax evasion allegations against the company. Against this backdrop, the stock witnessed a decline of 28.23% over the last six sessions, falling from ₹5,404 apiece to ₹3,878.45. Also Read: Polycab India share price cracks over 22% on reports of I-T raid …
Domestic equity benchmarks Sensex and Nifty 50 ended flat on the first trading of the new year 2024 while the second rung midcap and smallcap indices clocked healthy gains. Both indices had risen about 0.5 per cent each to record highs in the afternoon session, before surrendering gains in the closing minutes. During the trading …
Shares of One97 Communications, the parent entity of digital payment app Paytm, tumbled in today’s trade, locking at the lower circuit limit of 20%, reaching 650.45 apiece. This sharp fall came after the company announced plans to cut back small ticket loans amid regulatory changes. According to analysts, the company’s decision to shift focus away …