Realty and auto stocks have driven the 9-session rally, bringing some cheer to investors. The Sensex closed the week at 60,431 points on Thursday, as it clocked gains of 2,817 points, or 4.89%, during the period. The Nifty zoomed 876 points, or 5.17%, to close at 17,828. Foreign institutional investors (FIIs) pumped in a net […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices end their first trading week of CY23 in the red. On Friday, Nifty tumbled 132.70 points or 0.75% at 17,859.45 while Sensex settled at 59,900, down 450 points. The bulls did attempt a recovery in the last hour of trade, with Nifty rising […]
Oil prices stabilised on Tuesday after falling early in the previous session on investor worries that recent banking-sector problems would weigh on the global economy and limit demand for crude. Brent crude futures for May settlement gained 5 cents and traded at $73.84 per barrel by 0049 GMT. U.S. West Texas Intermediate (WTI) crude futures […]
Fees collected by investment bankers in 2022 from activities related to the equity capital market has more than halved from the previous year amid a decline in public share sales. Fees for ECM underwriting stood at $203.1 million, down 54% from a year ago, data from Refinitiv, a financial markets data tracker, showed. Forty companies […]
At the virtual investor meet last week, the management at Voltas highlighted that given above-normal temperatures in the country ahead of the summer season, primary room air conditioner (RAC) sales to channel partners have been good from Feb-23. While the company’s secondary market share in Jan-23 remained stable at 19%, management expects improvement to earlier […]
Domestic indices opened flat on Tuesday. The NSE Nifty 50 rose 14.15 pts or 0.08% to 17,406.85 and BSE Sensex climbed 48.31 pts or 0.08% to 59,336.66. The top gainers on Nifty 50 were Mahindra & Mahindra (up 2.35%), Bajaj Auto (up 1.68%), Tech Mahindra (up 1.61%), TCS (up 1.52%) and Eicher Motors (up 1.04%) […]
A day after the Supreme Court sought a report from the government by Monday on whether the country’s capital markets regulations need strengthening in the wake of the crash of the Adani Group stocks, finance minister Nirmala Sitharaman on Saturday reiterated that India’s regulators are ‘very experienced’ and are ‘fairly seized’ of the matter. The […]
By Shivangi Sarda The Nifty 50 index opened flat to positive yesterday but failed to surpass 18450 zones and broke its immediate support levels. Bears took over the index and it fell sharply towards 18200 zones to finally close with losses of around 150 points. It formed a Bearish candle on the daily scale and […]
SGX Nifty traded in the red, indicating a lower start for the domestic Indian equity markets at 17,589, down 36 points. On Wednesday, markets extended their gaining streak, as Nifty rose 0.91% to 17,557, while Sensex added 582 points to settle at 59,689. “The domestic market is displaying resilience, unaffected by the weaker global peers, […]
By Shrikant Chouhan The benchmark indices BSE Sensex and Nifty 50 witnessed a robust rally. On Tuesday, despite tepid cues, the Nifty/Sensex held the 17640/59350 support level, and in the late afternoon, it finally cleared the intraday resistance of 17725/59630. After the intraday breakout, the Nifty/Sensex rallied over 100/400 points. Among sectors, buying was seen […]
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