In a triumphant display of resilience, Indian benchmark indices powered through the current week, extending their bullish run for the fifth consecutive week, representing the longest weekly advance in CY24 so far. The recent indications of a potential rate cut by the US Federal Reserve, a rebound in FPI inflows, […]
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Stock market investors have shown a powerful response to Emcure Pharmaceuticals Limited’s initial public offering (IPO), with all three categories—Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors—displaying robust bidding figures on the third day of the offering. According to data from the Bombay Stock Exchange (BSE) website, the […]
Stock market today: The Indian stock market’s record-setting spree continued on Thursday, July 4, as did investors’ strategy of booking profits at higher levels. This was evidenced by the market benchmarks, the Sensex and the Nifty 50, which closed with nominal gains after rising half a per cent each and […]
Indian benchmark indices continued their record-high run on Thursday for the second straight session. The Sensex rose 406 points to its new high of 80,392.64 while the broader Nifty gained 114.5 points to its peak of 24,401. The Sensex reached the 80,000 mark for the first time on July 3. […]
Shares of MOIL, the country’s largest manganese ore producer, rose by 9% to reach ₹534.95 apiece in today’s early trade following the company’s Q1FY25 production update. In a filing on Tuesday, the company announced that it registered record quarterly sales and production since its inception, with a remarkable growth of […]
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 […]
June closed with a notable 6 percent gain for the Indian market, its highest monthly increase in 2024 and the largest since December 2023. This surge reflects strong investor confidence bolstered by positive economic signals, expectations of policy consistency, and renewed foreign investments. Looking forward, experts anticipate the bullish momentum […]
Stock market today: The Indian stock market benchmarks- the Nifty 50 and the Sensex – hit their fresh all-time highs in intraday trade but failed to hold gains and ended with mild losses amid weak global cues on Tuesday, July 2. Nifty 50 lost 18 points, or 0.07 per cent, […]
Companies in the broking industry experienced a sharp decline in their share values during today’s intraday session following an announcement from the Indian market regulator, SEBI. On Monday, SEBI in a circular stated that charges imposed by market infrastructure institutions—including stock exchanges, clearing corporations, and depositories—should be standardised and not […]
Following a stellar performance in June with a double-digit gain, the Nifty IT index kicked off July on a strong footing as investor expectations grew that the U.S. Federal Reserve would cut interest rates in September. Amid this optimism, the Nifty IT index jumped 2.6% to 37,093 points in today’s […]