Amid mixed global cues, Indian equity indices Sensex and Nifty opened slightly higher on Wednesday, driven by gains in auto and energy stocks. The BSE Sensex was up 89 points, or 0.11%, at 81,799, while the Nifty50 rose 19 points, or 0.08%, to 25,036—just 42 points shy of its all-time high—around 9:22 am. From the … Read more
Indian Railway Finance Corporation Share Price 217.43 03:49 PM | 12 Jul 2024 11.46(5.56%) One97 Communications Share Price 465.95 03:48 PM | 12 Jul 2024 -14.31(-2.98%) YES Bank Share Price 25.6 03:48 PM | 12 Jul 2024 -0.23(-0.9%) ITC Share Price 459.05 03:48 PM | 12 Jul 2024 0.41(0.09%) HDFC Bank Share Price 1622.7 03:48 … Read more
Benchmark Sensex and Nifty closed marginally down in a volatile session on Thursday as investors booked profits in heavyweights ahead of quarterly results. Stocks that were in focus include names like TCS, which fell 0.18%, Hindalco, which gained 0.25%, and Shipping Corp, whose shares Jumped 20% on Thursday. Here’s what Riyank Arora, Technical Analyst at … Read more
The sensex hit 80,000 intraday on Wednesday, while Nifty is well over 24,000 points. Both flagship indices have returned nearly 25% over the last one year, creating wealth for investors and making India one of the hottest markets in the world. Keeping that on one side, the market is currently trading at 24.7x trailing earnings … Read more
Having compounded at a healthy CAGR of 15.85% since inception in 1949, Sensex scaled the 75,000 peak this week with bulls predicting that the 1 lakh milestone will come within the next five years. Market guru Raamdeo Agrawal has even predicted that the headline index should touch 1.5 lakh by 2029. Describing Sensex as the … Read more
India’s heartbeat index Sensex, which crossed the 75,000 milestone in Tuesday’s session, had broken the 25,000 barrier 10 years ago on May 16, 2014, when Prime Minister Narendra Modi won the Lok Sabha elections. This translates into a return of three times on the index itself. The market capitalisation of all BSE-listed stocks on that … Read more
