Stock Market News: Following a global sell-off sparked by weaker-than-expected US data, the domestic benchmark indices, the Sensex and the Nifty 50, ended a weeks-long winning run on Friday, led by information technology (IT) and auto companies. The Sensex lost 1.08% to 80,981.95, marking the first drop in six sessions, […]
ICICI Securities
Stock Market News: The five-day losing run was ended on Friday by the domesticbenchmark indices, the Sensex, which gained 1,293 points, and the Nifty 50, which reached a record high thanks to strong value buying at lower prices and a surge in blue-chip companies like Infosys, Airtel, and Reliance Industries. […]
Stock Market News: The domesticbenchmark indices, the Sensex and the Nifty 50, plummeted on Friday as investors scrambled to book profits following a four-day record-breaking rise and a global sell-off spurred by an IT breakdown that caused gadgets to collapse worldwide. Drop in blue-chip Reliance Industries also plunged the benchmarks. […]
Stock Market News: The market-leading Tata Consultancy Services’ earnings indicated early indications of recovery in the industry, and on Friday, IT stocks joined an over-month-long record-breaking surge that sent the domestic benchmark indexes, the Sensex and Nifty 50, to record closing highs. The Sensex gained 0.78% to close Friday’s session […]
In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a […]
Stock Market News: The domestic benchmark indices, Sensex and Nifty 50, finished Friday’s session on a bleak note since they were unable to recover their losses. In the last hour of trading, Nifty 50 managed to close above the dotted lines despite a lackluster day’s progress. Gains in energy stocks helped the […]
Stock Market News: Although the domestic benchmark indices, Sensex and the Nifty 50, ended the Friday session in the red after rallying for four days, but they ended the month with their biggest gain in 2024 thanks to the return of foreign capital and the return of Prime Minister Narendra […]
Stock Market News: Profit-booking took centre stage on Friday’s session, prompting the domestic benchmark indices, the Nifty 50 and Sensex, to give up early morning gains and remain in the negative throughout the day’s trading. Market experts noted that the market breadth too favoured the bears as only 18 stocks in […]
In May, the Indian market reversed its upward trend of three consecutive months, experiencing a downturn. This shift is attributed to several factors, including rising US bond yields, continued foreign investor outflows, and investor apprehension over global uncertainties amidst the Lok Sabha elections. Amid the uncertainties domestic brokerage house ICICI […]
On Friday, the 30-share BSE Sensex closed at 73,878.15 level, down 732.96 points, or 0.98%. The NSE Nifty 50 ended at 22,475.85, down 172.35 points, or 0.76%. Analysts said that sentiment, fundamentals, and overbought technical situations were in conflict. Excessive optimism, overbought technical conditions, and the revelation that FIIs were […]