Benchmark Indices

Market Close Highlights, Sept 23: Sensex adds 384 pts; Nifty ends near 25,950; PSB index soars 3%

Stock Market Highlights: 34 out of 50 constituent stocks on Nifty50 ended higher with gains led by Bajaj Auto, Mahindra & Mahindra, ONGC, Hero MotoCorp, and SBI Life Insurance

Market Highlights, Sept 20: Sensex up 1360pts, ends above 84,500; Nifty near 25,800 amid broad gains

Stock Market Highlights: Indian equity benchmark indices ended the week's last trading session at record high closing levels

Global trends, trading activity of FPIs key factors to drive mkt sentiments

Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data. Key indicators like manufacturing PMI, non-farm payrolls, and unemployment rate will be released this week, all of which could significantly influence market sentiment. "Institutional flows will play a critical role," said Santosh Meena, Head of Research, Swastika Investmart Ltd. The primary driver behind the bullish momentum in the domestic market is the growing anticipation of a rate cut in the United States and buying support from domestic investors. Auto stocks woul

Stock market future trajectory depends on new govt's policies, GDP growth

Future trajectory of stock market hinges on the new government's economic policies, with factors like GDP growth, inflation, and global conditions playing a key role, experts said on Tuesday. With the BJP-led NDA still looking to form a government, though with the important support of coalition partners, markets look jittery about the prospects of strong decision making. In fact, experts cautioned investors to be prepared for volatility due to currently high valuations and suggested adopting a diversified approach. Benchmark equity indices Sensex and Nifty tanked over 8 per cent in intra-day on Tuesday and later ended nearly 6 per cent lower, suffering their worst decline in four years, as trends showed the ruling BJP is short of clear majority in the Lok Sabha elections. Sensex crashed 4,389.73 points to settle at 72,079.05 and Nifty tanked 1,379.40 points to 21,884.50. However, markets jumped sharply on Monday after exit polls predicted a massive win for the BJP-led NDA in the Lo

Benchmarks fall for third day amid poll jitters; Vix hits fresh 2-year high

Indian equities have been jittery amidst the ongoing elections and selling by foreign portfolio investors

Everything has come together at the right time: BSE MD & CEO Ramamurthy

'Nobody expected the elephant to dance. People had doubts, but I didn't have any doubts. I also didn't expect it (turnaround) to be so fast.'

Sensex, Nifty indices extend winning run; Vix dips after 13-day rise

Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses

Markets log biggest drop in 4 months; Sensex ends 1,062 points lower

The index finished below its 100-day moving average (DMA), seen as a critical support, for the first time since November 13, 2023

Investors' wealth eroded by Rs 7.34 trn as Sensex tanks over 1,000 points

Investors' wealth on Thursday eroded by Rs 7.34 lakh crore as markets took a heavy beating, with the BSE Sensex tumbling 1,062.22 points. Declining for the third day running, the 30-share BSE benchmark dropped 1,062.22 points or 1.45 per cent to settle at 72,404.17. During the day, it tanked 1,132.21 points or 1.54 per cent to 72,334.18. The market capitalisation of BSE-listed companies eroded by Rs 7,34,513.48 crore to Rs 3,93,34,896.14 crore (USD 4.71 trillion). On May 2, the mcap of BSE-listed firms reached an all-time peak of Rs 4,08,49,767.90 crore. "Markets buckled under relentless selling pressure as investors turned risk averse in the ongoing poll season and further lightened their equity exposure to avoid being caught off guard. As the election season is heating up, investors are trimming their equity exposure at a faster pace, which can be seen from the drubbing that mid and small-caps received," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. From the Se

BSE to increase transaction charges on two options contracts from May 13

BSE increased charges across various turnover slabs by 24% to 32%

Indices snap 5-day winning run: Sensex ends over 600 points lower

The combined market capitalisation of all BSE-listed firms stood at Rs 404 trillion

BSE likely to shell out more as regulatory fee on options volume

The market regulator on Friday directed the exchange to pay regulatory fee on 'notional value' of annual turnover

Mcap of BSE-listed companies jumped to lifetime peak of Rs 404.18 trillion

Investors' wealth climbed Rs 11,29,363.01 crore in the past five days to reach a record high of Rs 4,04,18,411.32 crore (USD 4.87 trillion) on Thursday

Nifty likely to reach 25,810 by December 2024: Prabhudas Lilladher

The NSE benchmark Nifty is likely to reach the 25,800 level by December 2024 as stable economic policies and normal monsoon will boost demand growth, Prabhudas Lilladher said in a report on Thursday. The index is currently trading at 22,570.35 level. Going by the prediction of Prabhudas Lilladher, the Nifty is expected to climb another 3,239.65 points or 14.35 per cent from its current level by December-end this year. "Recently, the Nifty reached its all-time peak, but subsequently experienced a correction of around 4 per cent attributed to escalating geopolitical tensions, fluctuations in crude oil and commodity prices, and differing perspectives on the anticipated interest rate adjustments by the US Federal Reserve," Amnish Aggarwal, Head of Institutional Research, Prabhudas Lilladher, said. The Nifty is expected to scale up to 25,810 levels by December 2024, Aggarwal added. "The upward mobility in Nifty is attributed to the continuation of the NDA government and La Nina led norm

Sensex closes above 75,000 mark for first time, RIL and ITC gains

But hotter-than-expected US inflation may put brakes on the rally

BSE, NSE declare May 20 as trading holiday on account of polling in Mumbai

India will elect a new parliament in seven phases between April 19 and June 1. Votes will be counted on June 4

China's stock correlation with India reaches record all-time low

The Chinese gauge has more than doubled gains in the Indian measure since February with a push from Beijing's stimulus, while India's rally has cooled on valuation concerns

Strong showing: Markets end year of records on a high, Nifty rises 29%

Despite the recent selloff, the Nifty Smallcap 100 and the Nifty Midcap 100 indices gained 70 per cent and 60 per cent, respectively

Strong economy, steady inflows power Nifty to best fiscal since 2021

India's growth has also outpaced its Asian peers, with the domestic economy speeding towards growth of 7.6% in fiscal 2024, the fastest among large economies

Markets feel weight of TCS stake sale; Sensex YTD returns turn negative

The Sensex fell 736 points, or 1.01 per cent, to close at 72,012