Bombay Stock Exchange (BSE). File. | Photo Credit: Reuters Halting their record-breaking rally, equity benchmark indices Sensex and Nifty buckled under selling pressure as investors pared exposure to oil & gas, capital goods and FMCG stocks amid a bearish trend in global markets. Snapping its six-day rally, the 30-share BSE Sensex declined 269.03 points or…
The rupee witnessed range-bound trading against the U.S. dollar in early trade on Monday, amid a negative trend in the domestic equity market. | Photo Credit: Reuters The rupee witnessed range-bound trading against the U.S. dollar in early trade on Monday, amid a negative trend in the domestic equity market. Forex traders said the strength…
A view of Bombay Stock Exchange (BSE) in Mumbai. | Photo Credit: REUTERS Benchmark equity indices tumbled in early trade on Monday, June 24, 2024, amid weak trends from global markets and fresh foreign fund outflows. Profit-taking after a record-breaking rally also put pressure on the benchmark indices. The 30-share BSE Sensex declined 463.96 points…
The 30-share BSE Sensex climbed 541.25 points to hit a fresh lifetime peak of 77,882.33 during the afternoon trade. The Nifty went up by 130.8 points to hit a new record high of 23,668.65. File Benchmark equity indices Sensex and Nifty hit their new all-time high levels on June 25 tracking firm trends in Asian…
After an initial peak, both the benchmark indices encountered volatile trends and were trading between highs and lows. | Photo Credit: REUTERS Stock market benchmark indices climbed in early trade on Wednesday, June 26, 2024, with the Sensex hitting its fresh all-time high level, but soon equities faced volatile trends and were trading flat amid…
State Bank of India (SBI) said it had raised ₹10,000 crore at a coupon rate of 7.36% through its fifth infrastructure bond issuance. “The issue attracted overwhelming response from investors with bids in excess of ₹19,884 crore and was oversubscribed by around four times against the base issue size of ₹5,000 crore,” the bank said…
Among the 30 Sensex companies, Reliance Industries, Bharti Airtel, UltraTech Cement, Sun Pharma, Adani Ports, Axis Bank, NTPC and Bajaj Finance were the biggest gainers. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended at their fresh all-time high levels on June 26 in tandem with a rally in Asian peers and…
On Tuesday, the Rupee appreciated four paise and settled at 83.43 against the greenback. The Rupee depreciated 17 paise against the U.S. dollar and settled at 83.60 (provisional) on June 26, weighed down by the strength of the American currency in the overseas market and elevated crude oil prices. “However, a firm trend in domestic…
Magnificent 7: Tech stocks are responsible for a big chunk of U.S. stock market gains. | Photo Credit: Reuters Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value. Early last week, Nvidia overtook Microsoft as Wall Street’s most valuable public company. Then…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices rebounded after falling in early trade on June 27, with the Sensex breaching the historic 79,000-mark for the first time and the Nifty hitting its fresh record high, amid buying in blue-chip stocks. The 30-share BSE Sensex jumped 339.51 points…
