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 […]
Sensex, Nifty end with weekly gain as bank, finance stocks firm up
NEW DELHI:Domestic equity benchmarks eked out modest gains on Friday after a day’s pause as banking and finance stocks found firmer ground amid mixed global cues. The 30-share BSE Sensex ended 85.81 points or 0.20 per cent higher at 43,443. The broader NSE Nifty rose 29.15 points or 0.23 per cent to 12,719.95. Both the […]
Sensex ends 81 points lower; financial stocks drag
NEW DELHI: Benchmark Sensex gave up all its early gains to end 81 points lower on Monday, dragged by losses in financial stocks as lenders beefing up provisions against COVID-19 risks stoked slippages worry. Besides, spiking COVID-19 cases in the country and tepid cues from global markets weighed on investor sentiment. After gyrating over 800 […]
Sensex plummets 1,375 points; Nifty ends below 8,300
NEW DELHI: Equity benchmark Sensex plummeted over 1,375 points on Monday, tracking heavy losses in banking and auto stocks, amid an unsettling spike in Covid-19 cases. After plunging over 1,500 points during the day, the 30-share BSE barometer ended 1,375.27 points or 4.61 per cent lower at 28,440.32. Similarly, the NSE Nifty fell 379.15 points, […]
India cuts corporation tax to 25.17% for domestic firms; Sensex up 1200 points
NEW DELHI: In a major fiscal booster, the government of India on Friday slashed effective corporatIon tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies. Making the announcement, Finance Minister Nirmala Sitharaman said the new tax rate will be applicable from the current fiscal which began on April 1. Sitharaman […]
Sensex sinks 642 points as crude oil woes persist
NEW DELHI: Market benchmark BSE Sensex on Tuesday plummeted 642 points as investors weighed India’s fiscal worries due to soaring crude prices in the wake of growing geopolitical tensions in the Middle East. After nosediving 704 points, the 30-share index ended 642.22 points, or 1.73 per cent, lower at 36,481.09. The broader NSE Nifty too […]