Both benchmark indices — the Sensex and Nifty 50 — concluded trading on Friday, November 28, nearly unchanged as investors realized profits at elevated levels and maintained a cautious stance ahead of the Q2 GDP data. Conflicting signals from international markets contributed to a cautious sentiment. The Sensex declined by 14 points (0.02%), concluding at … Read more
The Indian stock market has reached a record high, fueled by optimism regarding possible interest rate cuts from the US Fed and the RBI in December, expectations for a resolution to the Russia-Ukraine conflict, a decline in the US dollar, and falling crude oil prices. The Nifty 50 achieved a record peak of 26,310.45 on … Read more
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On Wednesday, November 26, the Indian stock market exhibited significant gains, fueled by strong buying activity across various sectors and favorable signals from global markets. The Sensex experienced a significant rebound after three consecutive sessions of losses, increasing by 1,023 points (1.21%) to close at 85,609.51. The Nifty 50 experienced an upward movement, concluding the … Read more
The benchmark indices, Sensex and Nifty 50, experienced a decline for the third consecutive session on Tuesday, 25 November, influenced by mixed signals from global markets. The Sensex declined by 314 points (0.37%), concluding at 84,587, whereas the Nifty 50 decreased by 75 points (0.29%), finishing at 25,884.80. In contrast, broader markets performed more favorably, … Read more
The Indian stock market concluded the day on a downward note on Monday, November 24, as profit-taking across various sectors and mixed signals from global markets impacted investor sentiment. In a continuation of the downward trend, the Sensex experienced a decline of 331 points, equivalent to 0.39%, concluding at 84,900.71. Meanwhile, the Nifty 50 fell … Read more
India’s benchmark equity indices ended their two-day winning streak, falling by 0.5%. This decline was primarily driven by significant financial players such as HDFC Bank, ICICI Bank, SBI, and Bajaj Finance, which contributed to the market’s downturn in the context of a lackluster global sentiment. The Nifty 50 experienced a pullback following its ascent to … Read more
The primary benchmark indices of the Indian stock market, Sensex and Nifty 50, are anticipated to commence trading lower on Friday, reflecting the downturn observed in global markets. Asian markets experienced declines, and US equities also fell overnight, influenced by a sell-off in technology stocks. On Thursday, the Indian market exhibited robust performance, with both … Read more
The benchmark indices, Sensex and Nifty 50, continued their upward trajectory on Wednesday, November 19, buoyed by gains in certain IT and banking giants, even amidst mixed signals from global markets. The Sensex concluded the trading day at 85,186.47, reflecting an increase of 513 points or 0.61%. The Nifty 50 increased by 143 points, representing … Read more
The Indian benchmark indices, Sensex and Nifty, experienced a pullback following a six-day winning streak, as bulls struggled to regain record highs that remain slightly more than 1% away. The recent rally led to profit-taking, as investors shifted their attention to forthcoming US economic data for insights into the Fed’s rate-cut expectations. The 30-stock BSE … Read more