Thursday, December 19

Tag: bse sensex

Stock market today: BSE Sensex drops 250 points; Nifty50 below 22,700
12Apr By adminNo Comments
Business

Stock market today: BSE Sensex drops 250 points; Nifty50 below 22,700

Stock market today: BSE Sensex and Nifty, the Indian stock market benchmark indices, opened in red on Friday with the 30-share index dipping 250 points and Nifty50 going below 22,700. At 9:25 AM, BSE Sensex was trading at 74,882.02, down 156 points or 0.21%. Nifty50 was at 22,702.65, down 51 points or 0.22%.Equity markets continued their upward trend on Wednesday with active movements in individual stocks.Rajesh Bhosale, Technical Analyst at Angel One, advises caution amidst market uncertainty, suggesting disciplined stock-specific trades with proper exit strategies.The resistance and support levels are likely to be at 22,700-22,750 and 22,600 respectively, with a potential rally towards 23,000 in the short term.Markets will keenly watch the Consumer Price Index (CPI) inflation numbers an...
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HDFC Bank opens branch in Kavaratti island, 1st private lender to do so | Company News
10Apr By adminNo Comments
Business

HDFC Bank opens branch in Kavaratti island, 1st private lender to do so | Company News

HDFC Bank | Image credits: Bloomberg Largest private sector lender HDFC Bank on Wednesday inaugurated a branch in Lakshadweep's Kavaratti island. The bank becomes the first private sector lender to have a presence in Lakshadweep, according to a statement. The bank seeks to serve customers wherever they are and looks forward to serving the financial needs of individuals, families, and businesses in Lakshadweep, the bank's retail branch banking group head S Sampathkumar said. The branch was inaugurated by Captain Lovekesh Thakur, Commanding Officer, Indian Navy and K P Muthukoya, a well-known resident, in the presence of bank officials, the statement said.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest ...
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Sensex, Nifty End Lower Today After Hitting Record Peaks Intra-Day: Will Market Rally Continue?
10Apr By adminNo Comments
Business

Sensex, Nifty End Lower Today After Hitting Record Peaks Intra-Day: Will Market Rally Continue?

The domestic equity markets on Tuesday ended marginally after hitting record peaks, as the BSE Sensex breached the historic 75,000-mark and the Nifty climbed to its fresh peak. Experts said though the surge in indices during intra-day was on continued optimism regarding good earnings growth, a strong economy and total inflows, the fall towards the closing was due to the profit-booking.Putting a break on its record-breaking rally, the 30-share BSE Sensex declined 58.80 points or 0.08 per cent to settle at 74,683.70. During the day, it climbed 381.78 points or 0.51 per cent to reach the all-time peak of 75,124.28.The NSE Nifty dipped 23.55 points or 0.10 per cent to 22,642.75. During the day, it advanced 102.1 points or 0.45 per cent to hit the record peak of 22,768.40.Among the 30 shares o...
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Stock market today: BSE Sensex hits all time-high, crosses 75,000; Nifty50 above 22,750
9Apr By adminNo Comments
Business

Stock market today: BSE Sensex hits all time-high, crosses 75,000; Nifty50 above 22,750

Stock market today: BSE Sensex and Nifty50, the Indian benchmark equity indices, hit all time highs in opening trade on Tuesday. While BSE Sensex crossed the 75,000 milestone for the first time, Nifty50 too hit a high of 22,765.10. At 9:22 AM, BSE Sensex was trading at 74,840.76, up 98 points or 0.13%. Nifty50 was at 22,690.65, up 24 points or 0.11%.Equity markets opened the week on a positive note, registering a gain of over half a percent in response to favorable cues.Analysts suggest that amidst mixed global signals, short-term fluctuations may occur, presenting traders with opportunities to add quality stocks. A bullish momentum is expected to continue in the market, with the possibility of the rally extending to 23,000 levels. Nifty's immediate support levels are identified at 22,700...
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Sensex hits new high for 2nd day
6Apr By adminNo Comments
Business

Sensex hits new high for 2nd day

MUMBAI: The sensex registered marginal gains to hit a lifetime high of 74,248 on Friday after RBI maintained the status quo on interest rates amid a negative trend in global markets. On Thursday, the sensex had jumped 351 points to settle at an all-time high of 74,228. It rose 21 points further to settle at a fresh record of 74,248 in Friday's session.!(function(f, b, e, v, n, t, s) { function loadFBEvents(isFBCampaignActive) { if (!isFBCampaignActive) { return; } (function(f, b, e, v, n, t, s) { if (f.fbq) return; n = f.fbq = function() { n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments); }; if (!f._fbq) f._fbq = n; n.push = n; n.loaded = !0; n.version = '2.0'; n.queu...
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HCLTech announces alliance with Google Cloud to scale Gemini to global cos | Company News
3Apr By adminNo Comments
Business

HCLTech announces alliance with Google Cloud to scale Gemini to global cos | Company News

IT services firm HCL Technologies (HCLTech) on Wednesday said it has expanded alliance with Google Cloud to create industry solutions by using the US tech giant's multimodal large language AI model, Gemini. HCLTech will familiarise and train its 25,000 engineers on Gemini for Google Cloud to help mutual clients innovate and optimise their businesses with GenAI (generative AI), according to a release. With this, HCLTech can offer expertise and technical skill sets that customers require for deploying and managing GenAI projects. HCLTech will enable 25,000 engineers on Google Cloud's latest GenAI technology to support clients at various stage of their AI projects, including the development of new use cases and capabilities for HCLTech platforms and product offeri...
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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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Top wealth creating stocks in India: Reliance tops biggest wealth creator list; Adani Enterprises bags first spot as all-round stock
14Dec By adminNo Comments
Business

Top wealth creating stocks in India: Reliance tops biggest wealth creator list; Adani Enterprises bags first spot as all-round stock

ICICI Bank, Adani Enterprises, Varun Beverages, Capri Global and Grindwell Norton have been identified as consistent wealth creators during the period of 2018-2023, according to the Motilal Oswal Wealth Creation Study. Reliance Industries, TCS, ICICI Bank, Infosys, and Bharti Airtel were also recognized as noteworthy wealth creators during this period.Reliance Industries has secured its fifth consecutive spot as the largest wealth creator from 2018 to 2023, marking its tenth overall No.1 position in the last 17 five-year study periods.Top 10 Biggest Wealth Creators 2018-23One standout performer was Lloyds Metals, which emerged as the fastest wealth creator with a compounded return of 79% on their stock during this period. An investment of Rs 1 million in the top 10 Fastest Wealth Creators...
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