Tag: Sensex

Seven of top 10 companies lose over Rs 1 trillion in market capitalisation

NEW DELHI: Seven of the 10 most valued domestic companies witnessed a combined erosion of Rs 1,07,566.64 crore from their market valuation last week, with Reliance Industries accounting for around half of the losses. Last week, the 30-share BSE benchmark Sensex declined 849.74 points or 1.70 per cent. Only Tata Consultancy Services (TCS), Hindustan Unilever […]

Sensex over 50K mark as Joe Biden, Budget fuel fast recovery hopes

NEW DELHI: Positive global cues and expectations of healthy quarterly results, along with that of a supportive Union Budget FY22, powered the ascent of India’s barometer index — the S&P BSE Sensex — to cross the 50,000 mark on Thursday. However, the barometer index dipped below the psychologically important mark due to profit booking at […]

FIIs turn net positive for 2020 with massive investment in November

NEW DELHI:With over Rs 55,000 crore net purchase of equities, foreign institutional investors (FIIs) have turned net buyers for the year 2020. So far in November, FIIs have made net purchase worth Rs 55,576.84 crore including Rs 24.20 crore on Wednesday, the highest ever in a month. Buoyed by the fund flow, both Sensex and […]

Sensex, Nifty close at record-high; bank and finance stocks lead rally

NEW DELHI: Equity indices rallied to all-time highs on Tuesday, driven by banking, finance and metal stocks, as encouraging data from another Covid-19 vaccine trial bolstered investor sentiment. A recovering rupee added to the buying momentum, traders said. After touching its lifetime peak of 44,161.16 during the session, the 30-share BSE Sensex settled 314.73 points […]

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