Thursday, December 19

Tag: Bombay Stock Exchange

Nifty, Sensex Close At Record Highs: Experts Decode Factors To Watch Out For In Markets This Week
8Apr By adminNo Comments
Business

Nifty, Sensex Close At Record Highs: Experts Decode Factors To Watch Out For In Markets This Week

The share market will remain closed on Thursday. The experts opined that the foreign investors' trading activity, and currency fluctuations in the rupee and dollar, would also affect investor sentiments and market trends. On Monday, the Nifty 50 and Sensex hit record highs, boosted by global market trends and a surge in large-cap auto stocks and major players like Reliance Industries. The Sensex was up by 494.28 points at 74,742.50, while the Nifty 50 rose by 152.60 points to 22,666.30. Leading gainers included Mahindra & Mahindra and Maruti Suzuki, with Wipro and Adani Ports among the top losers. The Nifty Bank index soared to a historic high, crossing 48,700 points for the first time.Now, this week the share market will remain closed on Thursday to celebrate the festival of Eid...
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Stock market today: Why BSE Sensex climbed over 900 points from day’s low – top reasons for recovery
21Dec By adminNo Comments
Business

Stock market today: Why BSE Sensex climbed over 900 points from day’s low – top reasons for recovery

Stock market today: BSE Sensex and Nifty50, the Indian benchmark indices, witnessed a strong recovery today, bouncing back from the day's low due to increased buying activity in banks, auto, and IT sectors. Reliance Industries (RIL), a heavyweight in the market, also saw its shares rise by over 1%, contributing to the overall upward movement of the stock market benchmarks.BSE Sensex closed the trading day on Thursday at 70,865.10, up over 350 points or 0.51%.Nifty50 closed the day at 21,255.05, up over 100 points or 0.50%.The S&P BSE Sensex surged by more than 900 points from its intra-day low of 69,920, while the Nifty climbed by 300 points to reach a high of 21,288. HDFC Bank and RIL were the top contributors to the index, followed by Infosys.Nifty Bank, the banking indicator, concl...
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BSE Sensex, Nifty50 hit new highs as Dalal Street continues party into year-end
20Dec By adminNo Comments
Business

BSE Sensex, Nifty50 hit new highs as Dalal Street continues party into year-end

BSE Sensex, Nifty50 in party mode! Indian benchmark equity indices have hit new record highs on Wednesday, following gains in Asian markets. This came after China and Japan decided to keep interest rates unchanged. At 11:03 AM, BSE Sensex was up over 350 points at 71,796.77, up 0.50%. Nifty50 was up over 120 points or 0.57% at 21,574.75. BSE Sensex has till 11:00 AM hit an intraday high of 71,913, while Nifty50 has hit an intraday high of 21,593.The Bank of Japan's decision to maintain its dovish policy guidance and keep interest rates steady also contributed to the positive sentiment. Furthermore, strong domestic macroeconomic data, lower oil prices, sustained inflows from mutual fund investors, record foreign purchases, and an improving US rate outlook have supported the stock market ra...
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BSE Sensex scales new peak; closes above 71,000 with 970 points rally, Nifty50 above 21,450
15Dec By adminNo Comments
Business

BSE Sensex scales new peak; closes above 71,000 with 970 points rally, Nifty50 above 21,450

BSE Sensex & Nifty50 scale new peaks! Continuing their record breaking rally, the Indian markets on Friday closed the day at all time record highs. While BSE Sensex closed at 71,483, up 970 points, Nifty50 was at 21,456, up over 270 points. Sensex hit an intraday high of 71,605 with a 1,000 point rally and Nifty50 hit a high of 21,492. Both the Indian equity benchmark indices rallied over 1% The stock market rally has come on the back of a dovish stance by the US Federal Reserve, which has signalled around three rate cuts in the coming years.The combined market value of all BSE-listed companies surged by Rs 2.76 lakh crore on Friday, marking an overall increase of Rs 8.55 lakh crore for the week, reaching Rs 357.78 lakh crore.Among the Sensex constituents, HCL Tech, TCS, and Infosys w...
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BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore
11Nov By adminNo Comments
Business

BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore

Leading stock exchange BSE has reported a four-fold jump in net profit at Rs 118.4 crore for the quarter ended in September 2023. In comparison, the exchange had posted a net profit of Rs 29.4 crore in the year-ago period, BSE said in a statement. The bourse's revenue rose 53 per cent to a record Rs 367 crore in the July-September quarter of the current financial year (FY24), from Rs 240 crore in the year-ago period. "We shall continue to invest in development of human resources, new products, technology infrastructure, etc, and thus pursue long-term growth shareholders and deliver on our mission of Vibrant BSE 2025," the exchange's MD & CEO, Sundararaman Ramamurthy, said. The exchange's average daily turnover in the equity segment increased to Rs 5,...
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