Indian stock market rallied on Wednesday, with the benchmark Sensex surpassing 77,000-mark and the Nifty 50 index hitting record high above 23,440 level. Broader markets outperformed, as the Nifty Smallcap 100 and the Nifty Midcap 100 index were trading over a percent higher each. Barring Nifty Realty and Nifty FMCG, […]
Nifty
Sensex Today Live | Share Market updates: Indian stock market benchmark indices, Sensex and Nifty 50, are anticipated to open lower on Wednesday, reflecting mixed global market signals. Trends in Gift Nifty also suggest a subdued start for the Indian benchmark indices. On Tuesday, Indian stock market indices ended flat […]
Asian markets traded mixed, while the US stock market ended mostly higher with the S&P 500 and Nasdaq settling at record closing highs. Markets have dialed back expectations for the Fed’s first rate cut happening in September, now pricing in about a 50% chance, according to the CME’s FedWatch tool, […]
On Monday, both headline indices—Nifty 50 and Sensex—hit record highs during the day at 23,411.90 and 77,079.04 points, respectively. “The record market highs indicate the markets’ confidence in the ongoing economic reforms and policy stability,” said Soumya Rajan, founder and CEO, Waterfield Advisors. Reduced majority Even with the BJP’s reduced […]
Eight of India’s ten most valued companies collectively gained ₹3.28 lakh crore in market valuation last week, according to a PTI report. Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries (RIL) were the top performers. Overall, RIL maintained its position as the most valued company, followed by TCS, […]
Top News India’s foreign exchange reserves (Forex) increased by USD 4.83 billion to reach USD 651.5 billion for the week ending May 31, 2024. The IPO of Kronox Lab Sciences got oversubscribed by 117.25 times. Sundaram AMC has launched the NFO for Sundaram Business Cycle Fund. The NFOs closes on […]
Benchmarks and broader market indices on Friday largely recouped their losses from earlier this week, when the markets saw their steepest crash in four years spooked by a narrower mandate for the Bharatiya Janata Party and the National Democratic Alliance in the Lok Sabha election. Foreign investors bought cash shares […]
Asian markets traded in the green following overnight gains in the US stock market after soft economic data raised hopes of interest rate cuts by the Federal Reserve. Sentiment in the Indian markets improved after the National Democratic Alliance (NDA) leaders pledged support to Narendra Modi’s Bharatiya Janata Party (BJP) […]
While the focus on the existing reforms related to domestic manufacturing, infrastructure development, etc. are likely to continue, there could be an incremental shift of focus to support employment generation and domestic consumption, especially rural consumption, highlighted Milind Muchhala, executive director, Julius Baer India. Pace of reforms may ease Market […]
The National Stock Exchange (NSE) made a world record by processing 1,971 crore transactions in a single day, according to its MD and CEO Ashishkumar Chauhan. “@nseindia handled the highest ever – world record – number of transactions in a single day today on June 5, 2024, in a 6 […]