Sensex ends 139 points higher; Nifty tops 15,850
NEW DELHI: Equity benchmark Sensex rose 139 points on Friday following gains in ICICI Bank, ITC and SBI amid a largely positive trend in global markets. The 30-share BSE index ended 138.59 points or 0.26 per cent higher at 52,975.80, while the broader NSE Nifty advanced 32 points or 0.20 per cent to 15,856.05. ICICI […]
Sensex drops 283 points; Nifty ends below 15,700
NEW DELHI: Equity benchmark Sensex gave up early gains and tumbled 283 points on Wednesday following losses in index heavyweights Reliance Industries, HDFC and ICICI Bank. The 30-share BSE index ended 282.63 points or 0.54 per cent lower at 52,306.08. Similarly, the broader NSE Nifty declined 85.80 points or 0.54 per cent to 15,686.95. Kotak […]
Seven of top-10 most valued firms add over Rs 1.15 lakh crore to m-cap; RIL lead gainer
NEW DELHI: Seven of the top-10 most valued companies together added Rs 1,15,898.82 crore in market valuation last week, with Reliance Industries grabbing the top spot. Last week, the 30-share BSE Sensex jumped 677.17 points or 1.31 per cent. Reliance Industries, HDFC Bank, Hindustan Unilever, HDFC, State Bank of India, Bajaj Finance and Kotak Mahindra […]
Maruti, Toyota, Mahindra & Mahindra remain bullish on long-term growth of used car business
NEW DELHI: Leading automakers Maruti Suzuki India (MSI), Mahindra & Mahindra and Toyota Kirloskar Motor are bullish on the long-term growth prospects of their respective used car verticals even as the second wave of COVID-19 continues to pose severe challenges to the business activities across the country. The companies remain a bit circumspect regarding the […]
Forex reserves near record high, jump $563 million to $590.028 billion
NEW DELHI: India’s foreign exchange reserves rose by USD 563 million to reach USD 590.028 billion in the week ended May 14, RBI data showed on Friday. The reserves had touched a lifetime high of USD 590.185 billion in the week ended January 29, 2021. In the previous week ended May 7, 2021, the reserves […]
India receives 1st consignment of 1.5 lakh Sputnik V Covid-19 vaccine doses from Russia
NEW DELHI: India on Saturday received the first consignment of 1.5 lakh doses of Sputnik V COVID-19 vaccine from Russia as the country embarked on the third phase of the vaccination drive against the infection. The Central Board of Indirect Taxes and Customs (CBIC) in a tweet said that the customs department cleared expeditiously the […]
Sensex, Nifty end marginally higher
MUMBAI: Equity benchmarks Sensex and Nifty ended marginally higher after a volatile session on Friday amid positive cues from global markets. The 30-share BSE Sensex ended 28.35 points or 0.06 per cent higher at 48,832.03. Similarly, the broader NSE Nifty rose 36.40 points or 0.25 per cent to 14,617.85. Asian Paints was the top gainer […]
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 […]
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 tanks 435 points; Nifty gives up 15K
NEW DELHI: Extending its losses for the fourth straight session, equity benchmark Sensex slipped below the 51,000-mark by tumbling 435 points on Friday, tracking losses in ICICI Bank, Axis Bank and SBI. The 30-share BSE index ended 434.93 points or 0.85 per cent lower at 50,889.76. Similarly, the broader NSE Nifty gave up the 15,000 […]
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 […]