Global News

[ad_1] Last Updated: June 13, 2023, 09:25 IST Sensex Today: Benchmark indices Sensex and Nifty started on a positive note on Tuesday ahead of the US CPI inflation report for May due later today. Global cues Asian markets were mixed this morning with Nikkei, Kospi rising up to 1.5 per cent. Strait times and Hang Seng fell 0.5 per cent each. Overnight in the US, the S&P 500 jumped 0.93 per cent to close at over a 13 month-high. The Dow gained 0.56 per cent and the Nasdaq zoomed 1.53 per cent. Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of News18.com. Among other things, financial market, economy and policies interest her ... Read More [ad_2] Source link https://worldnews2023.com/economy/stock-market-updates-sensex-gains-250-pts-nifty-above-18650-zee-ent-down-4/?feed_id=328649&_unique_id=6767ba652752f

[ad_1] Last Updated: March 10, 2023, 15:56 IST Sensex Today:  The market continued to witness a sell-off on March 10 as the equity benchmarks lost another 1 percent in the second consecutive session amid growing concern over an aggressive rate hike by the US Fed going ahead. The S&P BSE Sensex crashed 671 points, or 1.12 per cent, to close at 59,135. The Nifty50, meanwhile, gave up the 17,450-mark to end at 17,413, falling 177 points or 1 per cent. These indices hit intra-day lows of 58,885, and 17,324, respectively. Financial stocks were the worst hit today, amid near broad-based selling, with HDFC Bank (down 2.6 per cent), HDFC, SBI, IndusInd Bank, Bajaj Finserv, Axis Bank, ICICI Bank, Kotak Bank, and Bajaj Finance featuring among the top 15 laggards on the Sensex. Index-wise, the Nifty PSU Bank index declined 2.2 per cent, while the Nifty Bank and Private Bank indices fell 1.8 per cent each. Other large-cap laggards were RIL, L&T, M&M, and Asian Paints, down up to ...

[ad_1] Last Updated: May 19, 2023, 09:48 IST Sensex Today: Equity benchmark indices BSE Sensex and NSE Nifty started Friday on a positive note after three consecutive days of losses as Q4 earnings fail to lift Dalal Street amid fears of a US debt default. The BSE Sensex gained 155 points to 61,587, and the NSE Nifty50 edged 42 points higher to 18,172. SBI, Tech M, Infosys, HCL Tech, Nestle, ICICI Bank, Ultratech Cement and Pwer Grid led gains on the Sensex, rising 0.5-1.2 per cent. On the flip side, Divi’s Lab, Eicher Motors, UPL, Titan, Maruti and Tata Steel were the top frontline laggards. The broader markets opened tepid. The BSE MidCap was down 0.08 per cent and the SmallCap index rose 0.13 per cent. Sectorally, Nifty Auto, Metal, Realty, FMCG and Pharma indices declined, while the IT and PSB pockets were the top gainers. Besides, Gland Pharma sank 18 per cent after its Q4 profit dropped 72 per cent YoY on a 29 per cent decline in revenue. The net profit was also impacted by ...

[ad_1] Last Updated: April 05, 2023, 09:26 IST Sensex Today:  Domestic markets opened higher in Wednesday’s trade, despite mixed global cues. Key indices Nifty50 climbed over 40 points to trade above 17,400 levels, whereas the S&P BSE Sensex advanced over 150 points to trade around 59,281 levels. Broader markets, however, were mixed as Nifty Smallcap 100 index outperformed Nifty Midcap 100 index. Sectorally, Nifty Financial Services index gained the most - over 0.6 per cent. Nifty Metal, Nifty IT, and Nifty Healthcare indices, meanwhile, remain bogged down in trade. Global Cues Stocks struggled to make headway on Wednesday, the dollar nursed losses and bonds clung to gains, as signs of a slowing U.S. labour market made investors nervous about the economic outlook, while a bigger-than-expected rate hike lifted the kiwi dollar. Tokyo stocks opened lower Wednesday as weaker US jobs data drove down New York shares, while the yen’s strength also weighed on the market.The benchmark...

[ad_1] MUMBAI: Benchmark indices declined in initial trade on Thursday after eight days of rally amid weak trends in the US equity markets triggered by fresh concerns over recession. IT counters took a beating in the morning trade which resulted in weak trend in the benchmark indices. The 30-share BSE Sensex fell 164.66 points to 60,228.11 in early trade. The broader NSE Nifty declined 44.45 points to 17,767.95. Among the Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Wipro , NTPC, Kotak Mahindra Bank and Tata Steel were among the major laggards. The country's largest IT services exporter TCS on Wednesday reported a 14.8 per cent increase in March quarter net profit at Rs 11,392 crore but flagged worries from its key market of North America. Power Grid, Bajaj Finserv , Hindustan Unilever, Nestle, State Bank of India and Maruti were among the gainers. In Asian markets, Seoul, Japan and Shanghai were trading in the green, while Hong Kong ...

[ad_1] Last Updated: August 16, 2023, 09:44 IST Sensex Today: Equity markets were off to a weak start in Wednesday’s trade, led by losses in banking and financial names. Frontline indices the S&P BSE Sensex declined 350 points to 65,032 levels, whereas Nifty50 lost over 100 points to slip below 19,350-mark. Broader markets, too, witnessed selling pressure as Nifty Midcap 100 and Nifty Smallcap 100 indices declined up to 0.5 per cent. Sectorally, Nifty Financial Services index was the worst hit (down 1 per cent), followed by Nifty Bank (down 0.9 per cent), and Nifty Metal indices (down 0.8 per cent). On the flipside, Nifty FMCG, Nifty Media, and Nifty IT indices outperformed the benchmark indices, surging up to 0.7 per cent. Among individual stocks, shares of ITC gained 1 per cent in a weak market after the conglomerate’s consolidated net profit rose 16.29 per cent YoY in the June-ended quarter. Besides, shares of Infosys rose 1 per cent after the IT services company signed a ...

[ad_1] Last Updated: July 18, 2023, 15:47 IST Sensex Today:  Benchmark indices settled off record highs on Tuesday as profit booking at higher levels capped the market rally. The S&P BSE Sensex closed at 66,795 levels, up 205 points or 0.31 per cent, after hitting an all-time high of 67,007 during the day. The broader Nifty50, on the other hand, settled 38 points, or 0.19 per cent, higher at at 19,749 levels, cooling off from record peak of 19,819. Infosys, HCL Tech, Reliance Industries, Hero MotoCorp, Bajaj Auto, ICICI Bank, Wipro, Bajaj Finserv, and Adani Enterprises were some of the notable gainers, rising in the range of 0.3 per cent to 4 per cent. On the downside, LTIMindtree, Britannia, HDFC Life, SBI, Titan Company, Grasim, and Bajaj Finance fell over 1 per cent each. In the broader market, the BSE MidCap and SmallCap indices ended in the negative zone, down up to 0.47 per cent. Among sectors, the Nifty IT index was the only decent winner with 1 per cent gain. The Nifty...

[ad_1] Last Updated: August 01, 2023, 15:40 IST Sensex Today:  The benchmark indices swung between gains and losses on Tuesday as stock-specific action guided market moves. The S&P BSE Sensex gyrated 270 points during the day before closing at 66,459, down 68 points or 0.10 per cent. The Nifty50, too, stayed within a 90-point range before shutting shop at 19,734, down 20 points or 0.1 per cent. Power Grid, Hero MotoCorp, Apollo Hospitals, IndusInd Bank, Bajaj Finserv, SBI, Adani Ports, Reliance Industries, Divis Labs, Asian Paints, and Maruti Suzuki were the top large-cap laggards on the exchanges, down between 1 per cent and 5 per cent. On the upside, Coal India, Tech M, NTPC, LTIMindtree, Eicher Motors, HCL Tech, M&M, Britannia, TCS, Hindalco, Infosys, and Dr Reddy’s Labs gained up to 4.5 per cent. Meanwhile, in the broader market, the BSE MidCap index slipped 0.2 per cent, while the BSE SmallCap index added 0.54 per cent. Global Cues Globally, Asia-Pacific markets were ...

[ad_1] Stock Market India: Sensex, Nifty open in the red Indian equity benchmarks extended losses for the second straight session on Thursday as rising Covid cases in China alarmed investors who had anticipated the world's second-largest economy to pick up steam following the easing of strict restrictions.  After closing marginally lower in the previous session, the BSE Sensex index fell 300.33 points to 60,609.95 in early trade on Thursday, and the broader NSE Nifty index opened in the red, reflecting a fall in wider Asian share markets along with oil prices. As traders try to settle their futures and options (F&)) contracts for the December derivatives, the last series of 2022, the expiry on Thursday could cause a spike in volatility. "Markets are likely to see a bearish opening on Thursday in view of weak global cues after US markets slumped overnight amidst rising bond yields over fears that inflation could pick up on China's reopening," said Prashanth Ta...

[ad_1] Last Updated: August 07, 2023, 09:40 IST Indian equities started steady on Monday with Q1FY24 earnings in focus, and despite the weak global cues. The benchmark S&P BSE Sensex was quoting around 65,867 levels in early deals, up 145 points or 0.22 per cent. The Nifty50, on the other hand, stayed above the 19,550-mark. In the broader markets, the BSE MidCap and SmallCap indices added 0.3 per cent and 0.6 per cent, respectively. Menawhile, among sectoral indices, all but the Nifty FMCG index edged higher. The Nifty IT index was the top performer, rising half a per cent. Shares of the fintech company jumped 9 per cent after the company said Vijay Shekhar Sharma will purchase 10.30 per cent stake in Paytm from Antfin (Netherlands) Holding B.V. for $628 million. Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of News18.com. Among other things, financial market, economy and policies interest her ... Read More [ad_2] Source link https://worldn...

[ad_1] Last Updated: July 17, 2023, 09:27 IST Sensex Today:  S&P BSE Sensex advanced around 120 points or 0.2 per cent to touch new all-time high of 66,188 levels in early deals. The upswing was on the back of gains in large-cap stocks like Power Grid, Adani Enteprises, Adani Ports, Britannia, Bajaj Auto, Wipro, Bajaj Finance, and Maruti Suzuki. The NSE benchmark Nifty50 index notched a fresh record high level of 19,612.15 on Monday as it rallied around 50 points in the opening deals. In the broader markets, the BSE MidCap and SmallCap indices, too, hit new lifetime highs of 29,509 and 33,926.7, rising up to 0.6 per cent. HDFC Bank will announce first quarterly result since its merger with HDFC Ltd on July 1 Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of News18.com. Among other things, financial market, economy and policies interest her ... Read More [ad_2] Source link https://worldnews2023.com/economy/stock-market-updates-sensex-nifty-at...

[ad_1] Last Updated: May 12, 2023, 09:26 IST FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex and Nifty started on a tepid note on Friday ahead of the April consumer inflation and March IIP data, slated to be released today. Sensex Today: Benchmark indices Sensex and Nifty on a tepid note on Friday ahead of the April consumer inflation and March IIP data, slated to be released after market hours. The BSE Sensex fell 190 points to 61,717, and the NSE Nifty50 slipped 55 points to 18,242. Asian Paints, Tata Steel, L&T, HCL Tech, Sun Pharma, HDFC led losses on the Sensex, while Divi’s Lab, Hindalco and JSW Steel were the top Nifty losers. On the flip side, Tata Motors, Titan, M&M, Maruti, Eicher Motors, Hero Moto were the among the few frontline gainers. The broader markets were mixed. The BSE MidCap index was flat but the SmallCa...

[ad_1] Sensex Today:  The benchmarks snapped their 6-day winning run as as a weak Q1FY24 report card by IT bellwether Infosys triggered a rout in the IT stocks. That apart, profit booking in Reliance Industries, HUL, and private banks weighed on the sentiment. Investors lost nearly Rs 2 trillion in wealth today. The S&P BSE Sensex plunged 888 points, or 1.3 per cent, to settle the session at 66,684. In the intra-day trade, it tanked over 1,000 points to hit a low of 66,534. On the NSE, the Nifty50 closed at 19,745, sinking 234 points or 1.17 per cent, It touched a low of 19,700 during the day. Shares of Infosys crashed as much as 7.7 per cent as the company’s sharp downward revision in its growth guidance took most brokerages by surprise. In line with the cut in its FY24 revenue guidance (cc) to 1-3.5 per cent, brokerages have unanimously reduced FY24 EPS estimates for the company in the range of 2-4 per cent, though the Street is likely fearing even further downside, they say...

[ad_1] Last Updated: July 18, 2023, 15:47 IST Sensex Today:  Benchmark indices settled off record highs on Tuesday as profit booking at higher levels capped the market rally. The S&P BSE Sensex closed at 66,795 levels, up 205 points or 0.31 per cent, after hitting an all-time high of 67,007 during the day. The broader Nifty50, on the other hand, settled 38 points, or 0.19 per cent, higher at at 19,749 levels, cooling off from record peak of 19,819. Infosys, HCL Tech, Reliance Industries, Hero MotoCorp, Bajaj Auto, ICICI Bank, Wipro, Bajaj Finserv, and Adani Enterprises were some of the notable gainers, rising in the range of 0.3 per cent to 4 per cent. On the downside, LTIMindtree, Britannia, HDFC Life, SBI, Titan Company, Grasim, and Bajaj Finance fell over 1 per cent each. In the broader market, the BSE MidCap and SmallCap indices ended in the negative zone, down up to 0.47 per cent. Among sectors, the Nifty IT index was the only decent winner with 1 per cent gain. The Nifty...

[ad_1] Last Updated: July 17, 2023, 09:27 IST Sensex Today:  S&P BSE Sensex advanced around 120 points or 0.2 per cent to touch new all-time high of 66,188 levels in early deals. The upswing was on the back of gains in large-cap stocks like Power Grid, Adani Enteprises, Adani Ports, Britannia, Bajaj Auto, Wipro, Bajaj Finance, and Maruti Suzuki. The NSE benchmark Nifty50 index notched a fresh record high level of 19,612.15 on Monday as it rallied around 50 points in the opening deals. In the broader markets, the BSE MidCap and SmallCap indices, too, hit new lifetime highs of 29,509 and 33,926.7, rising up to 0.6 per cent. HDFC Bank will announce first quarterly result since its merger with HDFC Ltd on July 1 Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of News18.com. Among other things, financial market, economy and policies interest her ... Read More [ad_2] Source link https://worldnews2023.com/economy/stock-market-updates-sensex-nifty-at...

[ad_1] Last Updated: July 12, 2023, 15:48 IST Sensex Today: The frontline indices succumbed to aggressive selling in late deals, mainly in IT ahead of TCS and HCL Technologies Q1 earnings. The S&P BSE Sensex dropped to a low of 65,320 – down nearly 500 points when compared to the day’s high of 65,812. The Sensex eventually ended with a loss of 224 points at 65,394. The NSE Nifty swung in a range of near about 150 points, before settling 55 points lower at 19,384. Several brokerages have warned of a muted quarter for the IT sector as clients in the United States and Europe cut spending. “The upside in markets is limited from here on because of the continuous rally," said Samrat Dasgupta, chief executive officer at Esquire Capital Investment Advisors. “It will be good if the market consolidates for some time, especially on concerns that inflation may rise again due to uneven monsoon and rise in food prices." The Nifty 50 and Sensex have both risen nearly 12% so far in ...

[ad_1] Last Updated: July 14, 2023, 15:50 IST Sensex Today:  The S&P BSE Sensex scaled a fresh summit at 66,160, and eventually ended with a gain of 502 points at 66,061. The NSE Nifty50 hit a new high at 19,595, and finished 151 points stronger at 19,565. In the process, the benchmark indices signed-off the week 1.2 per cent higher, respectively. Among the Sensex 30 shares, TCS soared 5 per cent as the Q1 earnings driven rally continued for the second straight trading session. Tech Mahindra and Infosys also vaulted 4.5 per cent each. HCL Technologies and Wipro were up around 3 per cent each. Tata Steel, Nestle, Hindustan Unilever, Asian Paints, ICICI Bank and Larsen & Toubro were the other prominent gainers. On the other hand, Mahindra & Mahindra and PowerGrid Corporation slipped over a per cent each. In the broader market, the BSE MidCap index jumped 1 per cent, while the SmallCap index spurted 1.1 per cent. The overall breadth too was fairly positive, with nearly tw...

[ad_1] Last Updated: July 04, 2023, 15:53 IST Key benchmark indices remained volatile, but settled at record closing highs yet again on Tuesday, as banking and IT stocks lifted the market mood. The S&P BSE Sensex swung in a range of 502 points, hitting an all-time high of 65,673 in the intra-day trade. It, eventually, settled 274 points, or 0.42 per cent, higher at 65,479. The broader Nifty50, too, closed 66 points, or 0.34 per cent, higher at 19,389. It hit a lifetime high of 19,434 during the day. The benchmarks were supported by a steep rally in Bajaj Finance (up 7 per cent), Bajaj Finserv, Hero Moto, Tech M, TCS, Wipro, Sun Pharma, Kotak Bank, Infosys, Cipla, HCL Tech, SBI, HDFC twins, and ICICI Bank. In the broader market, the Nifty MidCap 100 and SmallCap 100 ended the day on a mixed note with the former slipping 0.23 per cent. Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said: “The unabated surge in FPI inflows will keep the market resi...

[ad_1] Last Updated: July 03, 2023, 09:38 IST Sensex Today:  Key benchmark indices opened with firm gains on Monday and scaled new all-time highs for the third straight day tracking strength in global equities. The BSE Sensex rose 300 points to its new high of 65,017 and the NSE Nifty50 jumped 80 points to 19,278. M&M, Ultratech Cement, HDFC twins, Tata Motors, SBI led gains on the Sensex, rising 1-3 per cent, while JSW Steel was the additional winner on Nifty. On the flip side, Power Grid, Sun Pharma, Axis Bank and Tech were among the few frontline drags. The broader markets outperformed benchmarks. The BSE MidCap and SmallCap indices rose up to 0.8 per cent. Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said: “The ongoing rally in global stock markets is primarily driven by the surprising and unexpected strength of the U.S. economy ( 2% GDP growth in Q1 23), in spite of the savage 500bp rate hike by the Fed. Global markets which had discounte...

[ad_1] Last Updated: June 30, 2023, 15:46 IST Sensex Today: Sensex, Nifty   rallied to record highs for the second straight trading session on the back of all-round buying. IT, Auto and Capital Goods shares in particular logged smart gains. The S&P BSE Sensex started the day with a 100-odd point gap-up, and went on to extend gains as the day progressed. The BSE benchmark scaled a high of 64,768.58 towards the fag end of the trading session, and finally ended with a solid gain of 803 points at 64,719. In the process, the BSE benchmark index ended the week with a gain of 1,740 points or 2.8 per cent; June month with a gain 2,097 points or 3.4 per cent, and was up a solid 9.7 per cent or 5,727 points for the first quarter of fiscal year 2023-24. The NSE Nifty 50 breached the 19,200-level for bit as the index registered its summit at 19,201.70, and settled 217 points stronger at 19,189. Similarly, the NSE Nifty 50 was up 2.8 per cent for the week, and 3.5 per cent for the month. T...