Adani Group stocks report sharp losses as election trends defy exit poll predictions
Jun 04, 2024, at 07:20 pm
Mumbai: Adani Group stocks witnessed a massive drop of nearly 18 percent on Tuesday, taking a big hit after experiencing substantial gains in the last couple of trading sessions.
Sensex, Nifty down 2% each at open as counting of votes for Lok Sabha polls begins
Jun 04, 2024, at 03:35 pm
Mumbai/IBNS: Indian benchmark indices opened in the red on Tuesday (June 4) as the counting of votes for Lok Sabha election begins with BJP-led NDA taking lead in the early trend, reports said.
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.
FPIs may cut bearish bets, releasing bulls on D-Street today following BJP’s exit poll surge
Jun 03, 2024, at 08:29 pm
Mumbai/IBNS: Traders and experts predict that overseas investors, known as Foreign Portfolio Investors (FPIs), will reduce their negative bets on the stock market on Monday (June 3) after the exit polls released on Saturday (June 2) indicated a strong performance by the Bharatiya Janata Party (BJP) in the national elections, reports said.
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.
Jun 02, 2024, at 11:45 pm
Mumbai: Market veteran Sushil Kedia, who has been bullish on a third term for NDA, feels that the actual poll verdict might surpass the predictions and anticipates an "explosion" in the market, with almost all stocks rallying, but opines that the subsequent phase would be driven by stocks that have underperformed so far, media reported.
Lok Sabha polls: How share market may react under 3 possible elections outcome
May 31, 2024, at 06:25 pm
Mumbai/IBNS: The six-week long Lok Sabha elections have reached its final stage with the Election Commission of India (ECI) going to hold the last phase of polls on Saturday (June 1), and the financial markets are eagerly waiting for the national polls' verdic, which is scheduled to be counted on June 4.
BJP's decisive win may send stock market into a strong bull run, says FM Nirmala Sitharaman: Report
May 31, 2024, at 04:55 am
New Delhi: Finance Minister Nirmala Sitharaman has stated that a decisive mandate in favour of the BJP-led NDA government on June 4 would send a positive signal to the stock market, and may drive it into a 'solid bull market'.
Stock Market: Nifty falls below 22,700 for fourth consecutive day; Sensex drops 668 points
May 29, 2024, at 10:30 pm
Mumbai: The Indian equity market extended its losing streak to a fourth consecutive session on Wednesday (May 29), with the Nifty closing at 22,700 amid selling pressure in oil & gas, IT, realty, and banking sectors.
Three Stocks that Look Attractive in Today's Market Environment
May 29, 2024, at 06:01 pm
Large-cap tech stocks often provide a stable yet progressive investment avenue in the dynamic market, known for their solid market position, innovative capabilities, and potential for consistent growth. Even amidst market volatility and economic headwinds, certain tech giants stand out with solid fundamentals, strategic vision, and adaptability that prime them for outperformance. Here are three such large-cap tech stocks that are set to thrive in today's market environment.
Adani Ports to replace Wipro in BSE Sensex on June 24
May 25, 2024, at 04:54 am
Mumbai: Adani Ports and Special Economic Zone Ltd (APSEZ) will replace Wipro Ltd in the 30-stock blue-chip S&P BSE Sensex starting June 24, according to an announcement made by the index operator on Friday, reported Reuters.
May 24, 2024, at 07:03 pm
Mumbai/IBNS: Godrej Properties has suffered a jolt in the stock market after the Defence Ministry objected to its residential venture in Mumbai capable of producing revenue of Rs. 7,000, media reports said.
SEBI revises method to calculate market capitalisation of listed companies
May 21, 2024, at 10:53 pm
New Delhi: The markets regulator SEBI has revised the method for calculating the market capitalisation of listed companies under the Listing Obligations and Disclosure Requirements (LODR) rules.
Indian stock markets open today as NSE, BSE hold special trading session
May 18, 2024, at 07:39 pm
Mumbai/IBNS: Indian stock markets are open today (Saturday, May 18) as both the benchmark indices -- National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) -- are holding a special trading session.
Market Update: Nifty opens flat, holds above key moving average; bank nifty gains momentum
May 17, 2024, at 10:31 pm
Mumbai: Nifty opened flat on Friday in line with global cues. After an initial knee-jerk reaction, the index traded in the positive zone and settled at 22,466 levels.
May 15, 2024, at 10:10 pm
Mumbai: The domestic benchmark indices opened positively on Wednesday, driven by strong global cues.
Rulka Electricals Limited IPO opens May 16; price band fixed at Rs 223-235
May 15, 2024, at 06:07 am
Mumbai: Integrated electrical services company Rulka Electricals Ltd will launch its initial public offering (IPO) will open on Thursday, May 16, 2024.
May 10, 2024, at 10:39 pm
Mumbai: Domestic benchmark indices opened higher on Friday, buoyed by strong global cues.
Stock market update: Sensex drops 380 points, Nifty hovers just above 22,300 mark
May 07, 2024, at 10:52 pm
Mumbai: The Indian stock market benchmarks Nifty 50 and Sensex closed in negative territory on Tuesday despite positive global cues, experiencing a widespread selloff.
Sebi rejects NSE's market trading hour extension proposal citing lack of consensus
May 07, 2024, at 07:09 pm
Mumbai/IBNS: The Securities and Exchange Board of India (Sebi) has rejected the proposal of the National Stock Exchange (NSE) to extend the trading hours due to a lack of consensus among stockbrokers, reports said.
Market Update: IPO performance, economic trends, and global Insights
May 04, 2024, at 08:11 pm
Mumbai: In this week's market update, we delve into the latest developments in the primary market, the Indian market, and the global market landscape, analysing trends in auto sales, banking, and real estate, and providing insights into various sectors.
Sensex crashes over 1,000 points, Nifty drops over 200 points
May 03, 2024, at 10:47 pm
Mumbai/IBNS: The Indian benchmark indices dropped on Friday afternoon due to profit-booking and a decline in the share prices of blue-chip Reliance Industries, wiping out gains made in initial trading.
Stock market opens in green with Nifty near 22,600
Apr 26, 2024, at 04:28 pm
Mumbai/IBNS: The Indian benchmark indices, led by positive cues from global peers, opened in the green on Friday (Apr 26).
Stock market opens in red, Kotak Mahindra Bank shares plunge 10% on RBI curbs
Apr 25, 2024, at 04:28 pm
Mumbai/IBNS: The Indian benchmark indices opened on a negative note on Thursday (Apr 25), following global peers down as a rout in tech stocks dragged the US benchmark indices down after disappointing forecasts by Facebook's parent Meta.
NSE launches Derivatives on the Nifty Next 50 Index today
Apr 25, 2024, at 04:02 am
Mumbai/IBNS: National Stock Exchange of India Ltd (NSE) on Wednesday launched futures and options contracts on the Nifty Next 50 Index.
Stock market opens in green with Sensex 200 points up, Nifty atop 22,400
Apr 24, 2024, at 03:48 pm
Mumbai/IBNS: The Indian benchmark indices opened in the green on Wednesday (Apr 24) following global cues.
Stock market opens in green with Nifty above 22,400, Sensex near 73,900
Apr 23, 2024, at 03:37 pm
Mumbai/IBNS: The Indian benchmark indices opened in the green on Tuesday (Apr 23), following Asian peers higher as investors' focus shifted to companies results for the quarter (Q4) ended March 31.