Mumbai: India’s benchmark indices ended nearly 1% higher on Thursday, in a late surge, driven by short covering ahead of the expiry of Nifty’s weekly futures and options contracts. NSE’s Nifty rose 203.3 points or 0.92% to close at 22,403.85. BSE’s Sensex rose 676.69 points or 0.93% to end at 73,663.72. Both indices fell as … Read more
Equity markets declined in a volatile trade on Wednesday. The 30-share Sensex declined 117 points to settle at 72,987 and the broader Nifty dipped 17 points to close at 22,200. Stocks that were in focus include names like Siemens India, which rose 6.33%, Oil India, which jumped 1.98%, and LIC, whose shares increased 6.82% on … Read more
Domestic markets declined on Tuesday dragged by concerns over rich valuations. The 30-share BSE Sensex fell 383 points to settle at 73,511 and Nifty declined 140 points to 22,302. Stocks that were in focus include names like Dabur, which rose 5.11%, Inox Wind, which was down 6.06%, and Zomato, whose shares declined 1.89% on Tuesday. … Read more
Equity indices retreated from a record high on Friday as investors resorted to profit booking. The 30-share Sensex dropped 733 points to settle at 73,878 and Nifty declined 172 points to 22,475. Stocks that were in focus include names like CEAT, which fell 2.93%, Coforge, which was down 10.03%, and ABFRL, whose shares dropped 3.43% … Read more
Equity indices ended lower on Tuesday as a fag-end sell-off wiped out early gains amid a mixed trend in global markets. The 30-share Sensex declined 188 points to settle at 74,482 and the Nifty dipped 38 points to finish at 22,604. Stocks that were in focus include names like Star Health, which rose 1.69%, M&M, … Read more
Nifty ended April derivative series higher by 1.1% in which market-wide rollovers were marginally higher as compared to the previous month and stood at 93.2% vs 92.9% last expiry. Thursday’s session saw Kotak Mahindra Bank shares ending 11% lower at Rs 1,643 on NSE while Hitachi Energy India shares ended nearly 14% up at Rs … Read more
Equity indices ticked higher for the fourth straight session on Wednesday, helped by positive trend in global equities. The 30-share Sensex climbed 114 points to settle at 73,852 and the Nifty advanced 34 points. Stocks that were in focus included names like SAIL, which rose 7.36%, MCX, which was down 4.63%, and HUL, whose shares … Read more
Tracking the Asian peers, equity indices climbed nearly 1% each on Monday. The 30-share Sensex climbed 560 points to settle at 73,648 and the Nifty went up 189 points to 22,336. Stocks that were in focus included names like TVS Motor, which rose 2.22%, Berger Paint, which increased 0.7%, and Tata Communication, whose shares declined … Read more
Equity indices continued to slump on Tuesday, dragged down by weak global trends and fears of escalating tensions in the middle east. Stocks that were in focus included names like SBI, which fell 0.62%, Lotus Chocolate, which rose 12%, and Exide Industries, whose shares rose 15% on Tuesday. Here’s what Viral Chheda, Sr Technical Analyst, … Read more
Mumbai: Access to Dalal Street is no longer the exclusive preserve of Mumbai’s richer neighbourhoods or old-money Kolkata. Discount brokers, which began democratising equity exposure a decade ago, have since harnessed the mobile data revolution to tell India’s eye-popping growth story to ordinary savers in Madurai, Moradabad or Mangaluru – and wrest a three-fifths share … Read more
