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June 28, 2024 7:49 PM

Market Update: India’s Equity indices extend their rally to fresh all-time highs

India's Equity Indices extended their rally to fresh all-time highs during the session today. However, selling at higher levels erased all the day’s gains to end with losses snapping their four-day winning run.   At close, the 30-share pack hit a fresh record high of 79,672 but eventually ended with a loss of 210 points, or 0.27 per cent, at 79,033. The Nifty 50 hit a fresh record high of 24,174 during the session but failed to hold altitude and ended 34 points, or 0.14 per cent, lowe...

June 24, 2024 6:58 PM

Market Update: Sensex rises 131 pts; Nifty climbs 37 pts

Indian benchmark indices ended higher in a volatile session today. At close, the 30-stock index, Sensex was up 131 points or 0.17 percent at 77,341 and the Nifty climbed 37 points or 0.16 percent at 23,538.   In the broader market at the BSE, the Mid-Cap index was up by 0.37 percent while the Small-cap index gained 0.27 percent.   19 out of 30 companies registered gains in the Sensex index. The top three gainers today were Mahindra & Mahindra 2.69 percent, Powergrid 2.23 percent and...

June 23, 2024 8:18 PM

FPIs inject Rs 12,170 crore into market following general election results

Foreign investors have surged back into Indian equities this month, injecting a robust Rs 12,170 crore into the market following the latest general election results. According to National Securities Depository Ltd (NSDL) data, the total debt inflows stand at ₹10,575 crore till the third week of June. The influx is primarily motivated by optimistic forecasts of ongoing policy reforms and steady economic expansion.   FPIs had been largely on the sidelines awaiting the election outcomes....

June 20, 2024 8:20 PM

Market Update: Major Asian indices end mixed; Indian rupee closes at Rs 83.64

Major Asian indices ended mixed today. South Korea's Kospi climbed 0.37 percent and Japan's Nikkei added 0.16 percent. While Hong Kong's Hang Seng slipped 0.52 percent, China's Shanghai Composite Index fell 0.42 percent and Singapore's Straits Times decreased 0.12 percent.   In the European market, major indices are trading in green today. France’s CAC gained 0.91 percent, Germany’s DAX added 0.66 percent and London’s FTSE was higher by 0.17 percent, when the reports last came in. ...

June 13, 2024 6:42 PM

Market Update: Sensex rises 204 pts; Nifty settles at 23,399

India's Equity Benchmark Indices ended in Green today amid mixed global cues. The Sensex rose 204 points, or 0.27 percent, to close at 76,811. Nifty gained 76 points, or 0.33 percent, to settle at 23,399.   In the broader market at the BSE, the Mid-Cap indices up by 0.79 percent and the Small-cap indices climbed 0.89 percent. In the Sensex index, 20 out of 30 companies registered gains.   The top three gainers today were Mahindra and Mahindra 2.73 percent, Titan 2.68 percent and L...