Stock Market: Markets close at record high levels on expectation of Modi govt's return; Nifty, Sensex jump over 3%, Bank Nifty crosses 50,000 mark

Jun 03, 2024, at 11:09 pm

Mumbai: Monday's trading session concluded with the benchmark equity indices recording gains. The NSE Nifty 50 surged by 733.20 points or 3.25% to settle at 23,263.90, while the BSE Sensex soared by 2507.47 points or 3.39% to 76,468.78.

State Bank of India becomes 7th Indian listed company with market cap of Rs 8 lakh cr

Jun 03, 2024, at 09:34 pm

Mumbai: State-run lender State Bank of India has become the seventh Indian listed company to surpass a market capitalization of Rs 8 lakh crore.

Nifty, Sensex rise over 3%; Volatility Index falls to 20%

Jun 03, 2024, at 08:33 pm

Mumbai: Markets rode a wave of optimism with both Nifty and Sensex rising over 3 percent around noon on June 3. The rally in the Indian markets kicked in after exit polls on June 1 predicted a decisive win for the NDA government, media reported.

Investor wealth shoots by Rs 12.48 trillion in Monday morning trading sessions

Jun 03, 2024, at 07:16 pm

Mumbai: Investors saw their wealth swell by Rs 12.48 trillion during Monday morning's trading session as the benchmark equity index, Sensex, reached an all-time high, reported media.

Adani Group stocks surge, adding Rs 2.6 lakh crore in two sessions

Jun 03, 2024, at 06:39 pm

Mumbai: Adani Group stocks continued their upward momentum for the second straight session on Monday, reflecting the bullish trend in Indian equities, following exit polls predicting the return of Narendra Modi as Prime Minister of India.

Jaishankar urges businesses to partner with govt to revive manufacturing for USD 30 trillion economy by 2047

May 15, 2024, at 02:24 am

Kolkata: Emphasising the goal of 'Viksit Bharat' (developed India) by 2047, as envisioned by Prime Minister Narendra Modi, External Affairs Minister S Jaishankar on Tuesday urged business associations to partner with the government to ensure the revival of the country's manufacturing sector with the target of surpassing USD 30 trillion GDP.

Indian stocks to attract increased foreign investment after 2024 LS polls: Report

Mar 21, 2024, at 04:53 am

Mumbai: Indian stocks will attract more foreign fund inflow after the general elections, encouraged by the country's positive economic growth outlook and United States central bank Federal Reserve's interest rate cuts, a media report said citing JPMorgan Chase & Co.

Electoral bonds to be sold at authorised branches of SBI

Apr 01, 2023, at 05:29 am

New Delhi/IBNS: The Finance Ministry on Friday announced that the State Bank of India (SBI) will distribute and redeem electoral bonds through its 29 authorised branches from April 3 to April 12.