In a remarkable display of resilience and strength, Indian benchmark indices reached another record high in today’s session, continuing their bullish momentum for the eighth consecutive trading day (excluding a minor 0.14% dip on Friday). The resurgence in foreign portfolio investor (FPI) inflows, coupled with robust retail participation through mutual […]
Indian stock market latest news
Indian auto stocks gained sharply in Tuesday’s trading session, with the Nifty Auto index gaining 5% to touch a fresh record high of 24,347 points. Two-wheeler stocks like Bajaj Auto, HeroMoto Corp., and TVS Motor Company, attained fresh record highs during the session, with gains ranging between 4% and 6.5%. […]
This move is attributed to multiple factors, including high valuations in the Indian market, a shift in investment focus towards China and Hong Kong due to their comparatively lower valuations, delays in anticipated interest rate cuts by the US Federal Reserve, rising US bond yields, heightened tensions in the Middle […]
The Nifty 50 closed the week with a gain of 2.03%, marking its most significant weekly increase since January 2024, while the Sensex also ended the week with a gain of 1.85%, its highest since January. Several factors contributed to this upward movement. Firstly, there were expectations of a rate […]
Shares of NMDC, the country’s largest iron ore producer, continued their upward trajectory for the third consecutive trading day on Monday, surging by 1% to reach a 14-year peak of ₹271.70 per share. The last time the stock reached this level was in 2010. NMDC’s shares have been on an […]