Share market opens flat, Bharti Airtel and ICICI Bank among top gainers
The Indian stock market opened flat on Tuesday as buying was seen in realty, media, IT, PSU bank, financial services, and pharma sectors in early trade. The Sensex was trading at 79,584.29 after rising 88.14 points or 0.11 percent. At the same time,
Indian stock market opens flat, all eyes on US election
The Indian stock market opened flat on Tuesday as buying was seen in metal, auto, IT, PSU bank, and pharma sectors during early trade, with investors turning their attention to the closely fought US election. The Sensex was trading at 78,714.02 after slipping
Long-Term Outlook for Indian Stock Market Remains Strong Despite Geopolitical Risks
Despite continued selling pressure from foreign institutional investors (FIIs) amid geopolitical tensions, experts maintain that the long-term outlook for the Indian stock market remains strong, driven by stable growth and an uptick in capital expenditure. This week, the market faced headwinds from heavy
Sensex Drops 318 Points as Infosys and JSW Steel Lead Declines
Indian benchmark indices closed lower on Wednesday, with auto, IT, and PSU banks facing significant pressure. The BSE Sensex ended at 81,501.36, down 318.76 points or 0.39%. The NSE Nifty finished at 24,971.30, down 86.05 points or 0.34%. The Nifty Midcap 100 index
Sensex Rises on Positive Global Cues
Indian equity indices opened higher on Thursday, buoyed by positive signals from US and Asian markets. By 9:50 a.m., the Sensex was up 93 points, or 0.11%, reaching 81,560, while the Nifty gained 29 points, or 0.12%, to hit 25,011. Early trading showed
RBI Maintains Repo Rate at 6.5% and Projects 7.2% GDP Growth for FY25
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5%, while maintaining its forecast for India’s real GDP growth at 7.2% for FY25. RBI Governor Shaktikanta Das noted that inflation is expected to
RBI MPC Set to Maintain Status Quo; Focus on Repo Rate
As the Reserve Bank of India (RBI) prepares to announce the outcome of its Monetary Policy Committee (MPC) meeting on October 9, industry experts anticipate that the central bank will keep policy interest rates unchanged. They suggest that if food inflation continues to
Sensex Trades Higher Amid Positive Global Cues
Indian equity indices opened higher on Monday, buoyed by positive signals from US and Asian markets. As of 9:51 a.m., the Sensex was up 193 points, or 0.24 percent, trading at 81,882, while the Nifty gained 36 points, or 0.15 percent, reaching 25,051.
Middle East Crisis Hits Indian Investors Hard: Rs 14 Lakh Crore Loss in Two Days
The Indian equity market experienced a significant downturn, closing deep in the red due to escalating conflicts in the Middle East. Investors have collectively lost over Rs 14 lakh crore in just two trading sessions, with the total market capitalization of listed companies
Sensex and Nifty hit record highs, with Maruti Suzuki and Wipro leading the gains.
Indian benchmark indices soared to record highs on Thursday, buoyed by positive global cues. As of 9:46 a.m., the Sensex was up 144 points (0.17%) at 85,314, while the Nifty gained 36 points (0.14%) to reach 26,040. Early trading saw both indices hit
Sensex Flat, Power Grid and M&M Lead Gains
Indian equity markets were trading flat on Wednesday, influenced by mixed global cues. At 9:55 a.m., the Sensex was up by 21 points, or 0.02 percent, at 84,935, while the Nifty slipped 4 points, or 0.02 percent, to 25,934. The early trading showed
FIIs invest ₹14,064 crore in the Indian equity market this week, with buying expected to persist.
Foreign institutional investors (FIIs) have ramped up their buying this week, pouring ₹14,064 crore into the cash market as Indian markets demonstrate resilience amid strong economic performance, data released on Saturday revealed. As of September 20, total FII investments reached ₹33,699 crore, bringing
Sensex surpasses 84,000 for the first time, while Nifty reaches a new record high.
India’s leading stock indices hit all-time highs on Friday during mid-session trading, buoyed by positive market sentiment following the US Federal Reserve’s rate cut. The Sensex and Nifty achieved new peaks of 84,213 and 25,716, respectively, marking the first time the Bombay Stock
Indian Startup Ecosystem Sees 13 Major Funding Rounds in 2024
In 2024, the Indian startup ecosystem has marked a significant milestone with 13 major funding rounds, underscoring a robust and dynamic investment landscape. These funding rounds reflect growing confidence and interest in the Indian startup sector, showcasing a broad range of industries and
India’s Fintech Startups Have Grown Fivefold in the Past Three Years
India’s fintech sector has experienced remarkable growth, with the number of startups increasing fivefold from 2,100 in 2021 to 10,500 in 2024, according to a new report. JM Financial highlights that India now boasts 26 fintech unicorns, with a combined market value of
Sensex trades flat while FMCG stocks see gains
Indian equity indices remained largely unchanged on Tuesday amid mixed market sentiments. As of 9:51 a.m., the Sensex was down 76 points, or 0.09%, at 82,483, while the Nifty fell 17 points, or 0.07%, to 25,261. The broader market exhibited a positive trend.
Sensex trades higher, TCS and Wipro lead gains
Mumbai, Aug 20 – Indian equity benchmarks opened in the green on Tuesday due to positive action in heavyweight tech stocks like TCS and Wipro. At 9:50 a.m., Sensex was 364 points or 0.44 per cent at 80,774 and Nifty was 108 points
Stable investment environment, FPIs pump around Rs 65,000 crore over 12 months
New Delhi, Aug 16 – Foreign Portfolio Investors (FPIs) invested Rs 64,824 crore in the last 12 months (August 2023 to August 2024-till now) in the Indian share market. According to depositories data, FPIs total investment was Rs 1,82,965 crore, and a total
Tokyo stocks end higher tracking Wall Street gains
Tokyo, Aug 14 – Tokyo stocks closed higher on Wednesday as confidence was bolstered by gains of stocks in the US market overnight. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 209.92 points, or 0.58 per cent, from Tuesday
WPI inflation eases to 3-month low of 2.04 pc in July
New Delhi, Aug 14 – India’s wholesale price inflation slowed to a 3-month low of 2.04 per cent in July compared to the same month last year, mainly due to a decline in vegetable prices, according to figures released by the Commerce Ministry