Sensex sheds 155 points; Nifty slips below 14,850
MUMBAI: Equity benchmark Sensex dropped 155 points on Friday, tracking losses in index heavyweights ICICI Bank, Reliance Industries and HDFC Bank amid largely negative cues from global markets. The 30-share BSE index ended 154.89 points or 0.31 per cent lower at 49,591.32. Similarly, the broader NSE Nifty slipped 38.95 points or 0.26 per cent to […]
Sensex tumbles 871 points; Nifty tanks below 14,650
NEW DELHI: Equity benchmark Sensex tanked 871 points on Monday, dragged by a selloff in financial stocks as spiking COVID-19 cases spooked investors and fanned concerns over economic recovery. After plunging over 1,400 points earlier in the day, the 30-share BSE index pared some losses to finish at 49,159.32, down 870.51 points or 1.74 per […]
Sensex tanks 627 points; Nifty ends below 14,700
MUMBAI: Equity benchmark Sensex tanked 627 points on Wednesday, dragged by losses in index majors HDFC twins, Reliance Industries, and Infosys amid a negative trend in global markets. The 30-share BSE index ended 627.43 points or 1.25 per cent lower at 49,509.15, and the broader NSE Nifty slumped 154.40 points or 1.04 per cent to […]
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 rallies 568 points; Nifty reclaims 14,500 level
NEW DELHI: Equity benchmark Sensex rallied 568 points and Nifty reclaimed the 14,500 mark on Friday, tracking gains in index majors HDFC twins, HUL and ICICI Bank amid a positive trend in global markets. The 30-share BSE index ended 568.38 points or 1.17 per cent higher at 49,008.50. The broader NSE Nifty surged 182.40 points […]
Sensex ends 280 points higher; Nifty tops 14,800
MUMBAI: Equity benchmark Sensex jumped 280 points on Tuesday following gains in index majors HDFC Bank, ICICI Bank and Reliance Industries despite a weak trend in global markets. The 30-share BSE index ended 280.15 points or 0.56 per cent higher at 50,051.44. The broader NSE Nifty advanced 78.35 points or 0.53 per cent to 14,814.75. […]
Sensex tanks 562 points; Nifty cracks below 14,800
NEW DELHI: Dropping for the fourth straight session, equity benchmark Sensex tumbled 562.34 points on Wednesday following losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a weak trend in global markets ahead of the US Federal Reserve’s policy outcome. After a volatile session, the 30-share BSE index tanked 562.34 points or […]
Sensex, Nifty slip for 3rd day; financial stocks drag
MUMBAI: Equity benchmarks Sensex and Nifty gave up early gains to end marginally lower on Tuesday, tracking losses in financial stocks despite a firm trend in global markets. A weakening rupee and selling by foreign investors also weighed on Dalal Street, traders said. Falling for the third session on the trot, the 30-share BSE Sensex […]
Sensex tanks 487 points; Nifty slips below 15,100
NEW DELHI: Snapping its three-session rising streak, equity benchmark Sensex tumbled 487 points on Friday, tracking losses in financial and auto stocks. After gyrating 1,283 points during the day, the 30-share BSE index ended 487.43 points or 0.95 per cent lower at 50,792.08. The broader NSE Nifty tanked 143.85 points or 0.95 per cent to […]
Sensex sheds 379 points; Nifty ends below 15,200
NEW DELHI: Equity benchmark Sensex tumbled 379 points on Thursday, tracking losses in index heavyweights HDFC twins, ICICI Bank and Reliance Industries amid a weak trend in global markets. The 30-share BSE index ended 379.14 points or 0.73 per cent lower at 51,324.69. Similarly, the broader NSE Nifty dropped 89.95 points or 0.59 per cent […]
Sensex rallies 458 points to end above 50K for first time; Nifty tops 14,750
MUMBAI:Extending its Budget bull run for the third day, the Sensex rallied 458 points to end above the 50,000 mark for the first time ever on Wednesday, led by broad-based gains amid positive cues from global markets. After touching a record intra-day high of 50,526.39, the 30-share index ended at 50,255.75, up 458.03 points or […]
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 […]
TCS’ market valuation crosses Rs 12 trillion-mark helped by rally
NEW DELHI: The market valuation of Tata Consultancy Services (TCS) crossed Rs 12 trillion-mark at close of trade on Thursday, helped by a rally in its share price. TCS topped the gainers’ chart on Sensex, rising 2.89 per cent to close at Rs 3,250.15 on the BSE. During the day, it jumped 3.42 per cent […]
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 […]
Muhurat trading: Sensex, Nifty jump to lifetime highs
NEW DELHI: Market benchmark BSE Sensex rallied 381 points to a fresh lifetime high in the opening trade of the special Muhurat session on Saturday to mark the beginning of Hindu Samvat year 2077. The 30-share index was trading higher by 380.76 points, or 0.88 per cent, at 43,823.76 in the first few minutes of […]