The stock market on Tuesday ended in red as NSE benchmark Nifty50 closed at 23,883.45 with a drop of 257.85 points or 1.07 per cent. Sensex also traced a similar path ending at 78,675.18 with a decline of 820.97 points or 1.03 per cent.The early market presented a ray of hope as benchmark indices saw…
This is a representational image (Pic credit: Lexica) MUMBAI: A feel-good rally on the back of Donald Trump winning the US presidential election helped the sensex close above the 80K mark again on Tuesday with the index up 902 points or 1.1% at 80,378 points. Software and metal stocks led the rally that was backed…
Stock market today: Indian stock markets ended a five-day losing streak on Monday as upbeat quarterly results from ICICI Bank and other lenders powered gains in banking stocks, despite ongoing foreign selling and lackluster corporate earnings. The BSE Sensex climbed 0.76 per cent or 602.75 points to close at 80,005.04, while the Nifty50 rose 0.65…
As the market’s focus shifts from momentum to quality and FII outflows persist, the trading strategy has changed from buying on dips to selling on rallies. No fireworks from Sensex this Diwali! The Indian stock market has been experiencing a significant downturn, with the Nifty falling nearly 6% and the Sensex losing over 4,800 points…
Stock Market Today: The Indian equity benchmark indices, BSE Sensex and Nifty50, faced significant losses on Tuesday due to a massive outflow of foreign funds from the capital markets and weak global equities.The BSE Sensex dropped 930.55 points or 1.15 per cent to settle at 80,220.72, while the Nifty50 declined 309 points or 1.25 per…
CLSA believes that China presents the most significant self-help opportunity among emerging markets. (AI image) India vs China stock markets: The Chinese government’s aggressive measures to revive its markets and economy have captured the attention of foreign investors. Global brokerage firm CLSA has increased its exposure to China, reducing its overweight position in Indian equities…
Having recently surpassed the 85,000 mark, the Sensex is now edging closer to the highly anticipated 1 lakh milestone. (AI image) The Sensex, India’s primary stock market index, has delivered remarkable returns of 850 times to investors over the past 45 years, compounding wealth at an impressive CAGR of around 16%. To put it in…
The sensex and Nifty scaled new life-highs in Tuesday’s session, with the former rallying past the 85,000 mark for the first time and the Nifty scaling the 26k peak, before both indices closed barely changed.While the sensex ended the day at 84,914 – down 15 points – Nifty ended at 25,940, up just 1 point….
MUMBAI: In volatile trades on Monday, the sensex closed a marginal 57-point lower at 79,649 points as investors on Dalal Street mostly discounted US short-seller Hindenburg Research‘s report that alleged conflict of interest on part of Sebi chief Madhabi Puri Buch while investigating alleged wrongdoings by Adani Group.While the latest Hindenburg report didn’t have much…
MUMBAI: Adani Enterprises, the flagship of the Adani Group, plans to launch a $1-billion share sale by mid-Sept, Reuters reported.The offering of existing shares will mark Adani Enterprises’ return to the capital market after it withdrew a $2.5-billion follow-on offering in Feb last year after US short seller Hindenburg Research accused the conglomerate of improper…
