Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in trade on Thursday as the market reacted positively to the NDA forming the government in the coming days. While BSE Sensex moved above 75,000, Nifty50 was over 22,800. At 10:30 AM, BSE Sensex was trading at 75,106.91, up 725 points or…
Stock market ideas: The stock market witnessed a significant surge on Monday, with Nifty soaring by approximately 3% and Sensex skyrocketing by 2,778 points. This remarkable rally was seemingly driven by heavy short-covering by Foreign Institutional Investors (FIIs), following the exit polls that caught the market off guard by forecasting a resounding victory for the…
Modi’s midas touch for PSU stocks? Since the beginning of the Lok Sabha election on April 19, Dalal Street investors have been accumulating PSU stocks in substantial quantities, confident that ‘Aayega to Modi hi’. The market capitalization of the BSE PSU index has risen by nearly Rs 7 lakh crore during this period, with shares…
