Indian equity markets dropped to one-month lows on Thursday as SEBI’s shell order continues to hurt the sentiments. The benchmark Sensex has lost over 1,000 points in last seven trading sessions to a one-month low of 31,422
The domestic markets opened at a new lifetime high continuing the record breaking rally as broader Nifty opened at 10,101.05 points and the benchmark Sensex opened above 32,550 points for the first time ever.
Indian markets closed at record highs on Monday ahead of the RBI’s third bi-monthly policy on 2 August where the Reserve Bank of India is expected to cut interest rates and the rally in SBI shares further pushed the indices
As the Indian markets make new records day after day, select stocks of automobile and auto ancillary companies have driven much ahead of the benchmark indices at a breakneck speed in the last one year, with some of those even
Yes Bank shares have risen as much as 5% in the morning trade after the private sector lender yesterday reported a 32% rise in net profit for the April-June quarter. The board also decided to split the stock in 1:5 ratio whic
Indian markets marked a historic moment on Tuesday as the broader Nifty 50 index clocked the most awaited five-digit figure of 10,000. Nifty rose 44 points from its previous close on Monday to breach the historical five-digit
Reliance Industries JioPhone, cable TV launch, late recovery in other stocks and Wipro’s share repurchase lead the domestic markets to close higher on Friday. BSE Sensex gained over 100 points to close above 32,000 while NS
Shares of telecom companies dive on Friday after Mukesh Ambani launched the JioPhone at the Reliance Industries Annual General Meeting 2017. Investors sentiment soured as there may be possibilities that the new JioPhone may d
The domestic market closed slightly lower on Thursday despite the earnings boost and positive global cues, as yesterday Wall Street stocks hit a fresh record high. BSE Sensex somehow managed to close above 31,900 but closed d
Sensex rallied over 240 points to close beyond 31,900 level while the broader Nifty 50 managed to end above 9,900. Cigarette maker ITC rebounded from yesterday’s share slump while the shares of domestic drug makers gained o
Domestic markets are trading higher today on the back of earnings optimism with the benchmark Sensex gaining over 200 points to climb above 31,900. First quarter corporate earnings boost the markets further with shares rising
Domestic markets fell sharply on Tuesday after rising for four consecutive trading sessions with the market benchmark Sensex closing down over 360 points while Nifty 50 ends 88 points lower but manages to close above 9,800.
The heavyweight IT companies TCS and Infosys have capped the previous two-day gains and are dragging the Nifty IT index ahead of the first quarter earnings. NSE’s Nifty IT index trade slightly under pressure, down 0.14% at
Traders who short sell a stock with an objective to gain from the intraday trade, but are unable to buy it back at the time of delivery, land up without shares at the end of the day to square off their positions. But the stoc
Aditya Birla Money shares again surged 10% today to make a new all-time high of Rs 62.95, hitting the upper circuit for the third time in last one week. The stock has more than doubled in the last one month, while has returne
Nifty Next 50, the index of the 50 stocks ranked immediately after those in the Nifty 50 index in terms of liquidity and market capitalisation, has vastly outperformed the benchmark indices over the last one year.
Real estate stocks are on a surge for the last one year and have returned stellar gains despite the sharp dip following demonetisation in November, with the major shares up as much as 45% from a year ago.
Realty stocks appreciated for the second consecutive day with the NSE Realty rising 0.91%, on the prospects massive fresh capital inflows into the sector reeling under a cash crunch following RBI’s decision to allow banks t
Indian benchmark equity indices recovered early trading losses and ended flat to marginally down after the Reserve Bank of India kept the policy repo rate unchanged at 6.25% in its bi-monthly monetary policy review today, jus
Bajaj Electricals shares are on a roll, with a stellar 80% return over the last one year. Today, the scrip made a new all-time high of Rs 387.85, rising 4.5% from the previous close. In the last six months too, the share has
Even as the benchmark indices have shone, helped by the foreign institutional investments into the Indian equities, which hit a 15-year high in the month of March, the performance of certain mid-cap stocks made the surge in S
All the major liquor manufacturing firm stocks fell today due to the Supreme Court ban on the sale of liquor within 500 meters from state and national highways. The ban is immediately effective from 2 April 2017.
With the financial year 2016-17 coming to a close today, the last trading week witnessed a healthy momentum in several share prices, particularly of Banking and Financial Services companies, with some hitting year highs and t
State Bank of India, the country’s largest bank by assets, touched Rs 293.75 before closing up 1.02% at Rs 291.05, while the country’s most valuable lender HDFC Bank hit Rs 1,479.95 and closed up 2.2% at Rs 1,466.20.