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[ad_1] Last Updated: January 18, 2023, 09:29 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 Today: Key benchmarks opened on a positive note today. Sensex Today: Key benchmarks opened on a positive note today. Quarterly results, coupled with global trends, oil prices, and foreign fund flow, are expected to guide investors in Wednesday’s trade. The S&P BSE Sensex was quoting at 60,708 levels in early deals, up 2 points or 0.09 per cent. The Nifty50, meanwhile, was at 18,076 levels. In the broader markets, the BSE MidCap and SmallCap indices outrun frontline indices by gaining up to 0.2 per cent. Among sectors, the Nifty Metal index led from the front, advancing 0.8 per cent on the National Stock Exchange (NSE). On the flipside, the Nifty Realty index fell 0.5 per cent to trade as the top dragging index on the exchange. Global Cu

[ad_1] The US market ended in the negative territory on Tuesday. (Representational) New Delhi: Equity benchmark indices began the trade on a weak note on Wednesday following a bearish trend in the global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes. Halting a three-day rally, the 30-share BSE Sensex fell 251.26 points to 61,730.53. The NSE Nifty declined 78.3 points to 18,269.70. Among the Sensex firms, ICICI Bank, HDFC Bank, HDFC, Mahindra & Mahindra, Bajaj Finserv, UltraTech Cement, Asian Paints and Tata Motors were the major laggards. Power Grid, Kotak Mahindra Bank, Maruti Suzuki India, Tech Mahindra, ITC and NTPC were among the winners. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower. The US market ended in the negative territory on Tuesday. Market participants are waiting for the release of the FOMC meeting minutes, scheduled for Wednesday. Meanwhile

[ad_1] Last Updated: June 21, 2023, 09:36 IST Market Today: Domestic markets began on a positive note on Wednesday morning. S&P BSE Sensex was 175 points higher to quote at 63,503 levels in early deals on Wednesday. The Nifty50 was at 18,854 levels, rising 38 points. HDFC Life, Hero MotoCorp, Ultratech Cement, Wipro, TCS, Bajaj Auto, M&M, DR Reddy’s Labs, and HDFC Bank were the top large-cap winners on the bourses as they advanced up to 1.7 per cent. Meanwhile, the broader market party extended its winning ways with the S&P BSE MidCap and SmallCap indices rising 0.97 per cent and 0.7 per cent, respectively. Individually, shares of Shriram Finance were locked in the 10 per cent upper circuit after over 8 per cent equity changed hands in early deals via block deals. Those of Piramal Enterprises were also locked in the 10 per cent upper circuit which is the likely seller of its entire stake in Shriram Finance. Global Cues Tokyo stocks opened lower on Wednesday after the t

[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] New Delhi:  Nine of the 10 most valued firms faced a combined erosion of Rs 1,87,808.26 crore in market valuation last week, with HDFC Bank and Reliance Industries taking the biggest hit amid an overall weak trend in equities. Last week, the BSE benchmark tumbled 1,538.64 points or 2.52 per cent amid concerns that the US Federal Reserve might raise interest rates further to curb inflation. Fresh foreign fund outflows also dented investor sentiments. Barring ITC, all 10 firms, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, were the laggards. HDFC Bank's valuation declined by Rs 37,848.16 crore to Rs 8,86,070.99 crore at close on Friday. The market valuation of Reliance Industries fell by Rs 36,567.46 crore to Rs 16,14,109.66 crore. The valuation of TCS tumbled Rs 36,444.15 crore to Rs 12,44,095.76 crore and that of HDFC tanked Rs 20,871.15 crore to Rs 4,71,365.94 crore. The market capitalisation (mcap) of ICICI Bank fell by R

[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] MUMBAI: The Indian rupee inched down on Thursday to a nearly eight-week low on the back of higher U.S. bond yields and a firmer dollar as risk sentiment improved on hopes of an imminent debt ceiling deal. The rupee was down at 82.4750 against the U.S. dollar, compared to its previous close of 82.38. It hit its lowest since March 24 at 82.4825. "The recent breakout of the U.S. dollar is giving a directional move in USD/INR and oil has also swung back, which is adding some pressure to the rupee," said Anand James, chief market strategist at Geojit Financial Services. "Rupee is moving to a consolidation zone after the recent weakness," James added. Meanwhile, U.S. Treasury yields rose overnight and the dollar index surged to an over seven-week high in the wake of positive signs on the debt ceiling negotiations and upbeat housing data. April housing starts data showed a surprise increase of 2.2% month-on-month. "At 1.40 million, the annualised level

[ad_1] Budget 2023, Stock Market, Sensex The Finance Minister of India will present the Union Budget for FY23-24 on 1st Feb 2023, the last full-year Budget before the Union Election 2024 The Finance Minister of India will present the Union Budget for FY23-24 on 1st Feb 2023, the last full-year Budget before the Union Election 2024. With the government undertaking most of the reforms outside the Union Budget purview, its impact on the equity market has reduced over the past few years. Nonetheless, the market participants continue to view it as a critical catalyst that stimulates the growth of the Indian economy and, thereby, the Indian market. What Do Historical Trends Say? In the last 8 budget sessions of the current government, Nifty closed positively on 5 occasions on the budget day while closing on a negative note for the remaining 3. This time, the Union budget has gained utmost importance as the tightening monetary policy and elevated inflation have challenged the purchasi

[ad_1] Stock market update. (Representative image) The domestic equity markets fell due to heavy selling in banking and oil stocks in tandem with weak global trends ahead of the US Federal Reserve's interest rate decision Benchmark indices BSE Sensex and NSE Nifty on Wednesday fell about 796 points or over 1 per cent to 66,800.84, due to heavy selling in banking and oil stocks in tandem with weak global trends ahead of the US Federal Reserve’s interest rate decision. The rupee, however, rebounded 23 paise to close at 83.09 (provisional) against the US dollar. Falling for the second day running, the 30-share BSE Sensex tumbled 796 points or 1.18 per cent to settle at 66,800.84. During the day, it tanked 868.7 points or 1.28 per cent to 66,728.14. The NSE Nifty declined 231.90 points or 1.15 per cent to end below the 20,000 mark at 19,901.40. US bond yields surging to 16-year high levels and fears of high crude oil prices fueling commodity inflation also hit the investor sentime

[ad_1] The BSE Sensex opened about 320 points lower at 59,902.25, while the NSE Nifty was 84 points down at 17,627.30. On the BSE, 24 out 30 companies on the Sensex were trading in the red in the early trade Domestic bourses on Wednesday opened in the red. The BSE Sensex opened about 320 points lower at 59,902.25, while the NSE Nifty was 84 points down at 17,627.30. The rupee also fell 37 paise to 82.29 against US dollar in the early trade. On the BSE, 24 out 30 companies on the Sensex were trading in the red in the early trade. Among the top losers were Infosys (down 1.36 per cent), Tech Mahindra (minus 1.34 per cent), Bajaj Finserv (down 1.25 per cent), Sun Pharma (down 1.09 per cent), and HCL Tech (down 1.05 per cent). On the BSE, the companies there were in the green were L&T, NTPC, Tata Steel, Maruti, UltraTech Cement and HDFC Bank, trading higher by up to 0.52 per cent. V K Vijayakumar, chief investment strategist at Geojit Financial Services, said, “The dominant trigge

[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] Why is Sensex Rising today? Domestic markets extended gains in Monday’s intra-day trade, as improved global cues and low-level buying pushed indices higher, which led to short covering, which, in turn, aided more buying. Furthermore, investor focus also turned to corporate health as earnings season kicks off today with TCS results. The BSE Sensex was trading 951 points or 1.59 per cent higher at 60,851. Nifty50 was trading at 18,131, up 271 points or 1.52 per cent at around 11.35 am. Investors, meanwhile, turned richer by Rs 3.55 lakh crore amid broad-based buying as bulls returned to Dalal Street after three-day hiatus. Frontline stocks such as Infosys, Tata Consultancy Services and Reliance Industries contributed to the climb. As many as 101 stocks hit their 52-week lows today. BSE stocks such as Abbott India, IDBI Bank and Jindal Steel and 98 other stocks hit their respective one-year high levels. That said, 24 stocks touched their one-year low levels today. Here are th

[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] Last Updated: October 11, 2023, 09:24 IST Sensex Today: Frontline indices started Wednesday’s trade on a positive note tracking strong cues from the global peers, as US yields dipped to 4.65 per cent from a 16-year record high of 4.86 per cent last week. The S&P BSE Sensex opened almost 300 points higher at 66,376, and was quoting around 66,390. The NSE Nifty was seen atop the 19,750 level – up 95 points. In the broader market, the BSE MidCap and the SmallCap indices advanced around 0.8 per cent. SBI, Tata Motors, Titan, IndusInd Bank and JSW Steel were the top gainers among the Sensex 30. Back home, shares of IT companies are likely to be in focus as TCS kicks-off the Q2 earnings season, and the board will also be considering a proposal for share buyback. Watch IT sector Q2 preview. Global Cues Nearer home tracking gains on the Wall Street, Hang Seng rallied 1.5 per cent, Kospi zoomed over 2 per cent, and Taiwan jumped 0.8 per cent. Nikkei was up 0.5 per cent today. Ov

[ad_1] Sensex Today:  Headline indices scaled new highs for a second day at Friday’s open, tracking strength across global markets. The BSE Sensex index gained 250 points to 67,774 and the Nifty50 index edged 55 points higher to 20,173. M&M, JSW Steel, Wipro, Tata Steel, HDFC Bank, HCL Tech, Bajaj Auto and Hindalco were the frontline winners across Sensex and Nifty, gaining up to 2 per cent. On the flip side, HUL, Asian Paints, Nestle, Adani Ports, and HDFC Life were among the top losers. The broader markets kept the lead over benchmarks. The BSE MidCap and SmallCap indices rose up to 0.7 per cent. “Positive opening could be seen in local indices owing to optimism across the global equities, as fear of recession appears bleak after the recent policy measures by central banks across key economies. However, intra-day volatility will continue given the uncertainty around global markets. As long as the Nifty is trading above 20,000, the bullish sentiment is likely to continue, wit

[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] Mahindra & Mahindra, ITC, Reliance Industries and Wipro were among the gainers. Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid foreign fund outflows and weak trends in the US markets. Extending its previous day's fall, the 30-share BSE Sensex went lower by 204.84 points to 66,061.98. The NSE Nifty declined 60.35 points to 19,599.55. From the Sensex pack, Axis Bank, Bajaj Finserv, NTPC, HDFC Bank, Tata Consultancy Services, JSW Steel, Tech Mahindra, ICICI Bank and Kotak Mahindra Bank were the major laggards. Mahindra & Mahindra, ITC, Reliance Industries and Wipro were among the gainers. In Asian markets, Seoul, Shanghai and Hong Kong were trading in the green while Tokyo quoted lower. The US markets had ended in the negative territory on Thursday. Meanwhile, global oil benchmark Brent crude was trading 0.40 per cent lower at USD 83.90 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,979.44 cr

[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