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 […]
sensex
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) […]
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 […]
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%. […]
On a day when several stocks hit the lower circuit triggering a trading halt, there were some fast-moving consumer goods and auto names that stood tall. This hints at investors fleeing to defensive bets in a highly volatile market. On Tuesday, India VIX jumped 28%. Shares of Hindustan Unilever Ltd, […]
In today’s session, Indian markets experienced a dramatic reversal, undoing the gains seen on Monday, as indications from the Lok Sabha election results diverged from the optimistic forecasts of exit polls. This unexpected turn of events sent shockwaves through the investor community, leading to a panic-driven selloff that wiped out […]
Zomato, Paytm, Nykaa, Delhivery, among other new-age tech stocks plunged up to 10% on Tuesday amid overall stock market meltdown. Dalal Street witnessed a bloodbath as the Sensex and Nifty 50 crashed 8% each after the trends in election results 2024 indicates a slim majority for the ruling NDA, falling […]
The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,570 level, a premium of nearly 160 points from the Nifty futures’ previous close. The counting of votes for the Lok Sabha Elections 2024 will begin soon with Prime […]
After the Nifty and Sensex ended with the biggest gains in 39 months, experts pointed to a likely encore on Tuesday – If the final results match pollsters’ predictions, that is. On Monday, the Nifty rallied 808 points or 3.58% to the day’s high of 23338.70, before closing 3.25% up […]
The majority of polls estimate the Bharatiya Janata Party (BJP)-led alliance will win between 350 and 400 seats overall, which is far more than the 272 seats needed for a majority in the 543-seat lower house of parliament. The alliance took home 352 in 2019. On Tuesday, the votes will […]