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Tag: sensex

Stock Market Holiday: Sensex, Nifty To Remain Closed on April 17 on Account of Ram Navami
16Apr By adminNo Comments
Business

Stock Market Holiday: Sensex, Nifty To Remain Closed on April 17 on Account of Ram Navami

In the calendar year 2024, there will be 9 more holidays of BSE and NSE after the Ram Navami holiday (15 holidays in total this year).Equity, equity derivates, and SLB and currency segments will remain closed on April 17, WednesdayThe Indian equity markets, both BSE Sensex and NSE Nifty, will remain closed on Wednesday, April 17, on account of ‘Ram Navami’. According to the BSE’s website, equity, equity derivates, and SLB and currency segments will remain closed on Wednesday. The market will be opened on Thursday, April 18.The Multi Commodity Exchange (MCX) will remain closed on Wednesday.However, the commodity derivatives segment of the Sensex will be opened for trading on April 17 in the evening session at 5 pm.On Ram Navami, Indians celebrate the birthday of Lord Ram, and the devotees ...
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Stock Market LIVE: Sensex slips 300 pts, Nifty holds 22,200; Infosys, IndusInd Bank weigh | News on Markets
16Apr By adminNo Comments
Business

Stock Market LIVE: Sensex slips 300 pts, Nifty holds 22,200; Infosys, IndusInd Bank weigh | News on Markets

11:43 AMRBI to banks: Can't charge extra without mention in key fact statement The Reserve Bank of India (RBI) on Monday issued a directive that prohibits banks and other regulated entities from levying additional fees on loans that are not previously disclosed in the Key Fact Statement (KFS). The notification stipulates strict adherence to these guidelines for all new retail and MSME term loans sanctioned from October 1 onwards, including loans issued to existing customers. “Any fees, charges, etc., which are not mentioned in the KFS, cannot be charged by the REs to the borrower at any stage during the term of the loan, without explicit consent of the borrower,” the regulator said. Read more 11:22 AMSmall finance bank stocks are on an uptrend. Does the rally have more leg...
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Stock Market Live: Sensex off lows, down 200 pts as RIL rebounds; Broader indices firm | News on Markets
12Apr By adminNo Comments
Business

Stock Market Live: Sensex off lows, down 200 pts as RIL rebounds; Broader indices firm | News on Markets

11:54 AMLKP Securities initiates coverage with buy on Sansera Engg, stock jumps 4% Brokerage firm LKP Securities on Friday initiated coverage on automotive component manufacturers Sansera Engineering, with a 'buy' rating, with a target price of Rs 1,235, translating into an upside potential of 21 per cent. That said, Sansera Engineering’s shares have shown a robust performance, climbing 10.63 per cent in the past month, outpacing the S&P BSE SmallCap index by 2.81 per cent. Read more  11:46 AMVodafone Idea slides 5% after fixing price of FPO at Rs 18,000 crore Shares of Vodafone Idea slipped 5 per cent to Rs 12.23 on the BSE in Friday’s intra-day trade amid heavy volumes. This came the company fixed the floor price at Rs 10 per share for its proposed follow on of...
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Mutual funds SIP investments increase 28% to Rs 2 trillion in FY24 | Mutual Fund – Top Stories
11Apr By adminNo Comments
Business

Mutual funds SIP investments increase 28% to Rs 2 trillion in FY24 | Mutual Fund – Top Stories

Illustration: Binay Sinha3 min read Last Updated : Apr 11 2024 | 9:10 PM IST Buoyant economic outlook and increased market participation helped drive the inflows in the mutual fund industry through systematic investment plans or SIPs route to record Rs 2 lakh crore in 2023-24, marking a rise of 28 per cent year-on-year. In comparison, an inflow of 1.56 lakh crore was witnessed through this route in 2022-23, Rs 1.24 lakh in 2021-22 and Rs 96,080 crore in 2020-2021, data with the Association of Mutual Funds in India (Amfi) showed. Moreover, mutual fund SIP contribution has seen over four-fold rise during the last seven years. It was Rs 43,921 crore in 2016-17. Additionally, SIP book has also grown consistently from Rs 14,276 crore in March 2023 to an all-time hig...
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Stock Market Live: Sensex zooms 400 pts, Nifty above 22,700 in pre-open | News on Markets
10Apr By adminNo Comments
Business

Stock Market Live: Sensex zooms 400 pts, Nifty above 22,700 in pre-open | News on Markets

Stock market updates on April 10, 2024: Indian equities are looking at a positive start on Wednesday after erasing its intraday gains in Tuesday’s close. At 07:15 AM, the Gift Nifty futures were quoting 80 points higher than Nifty 50 futures at 22,815.  Overnight in the US major indices traded flattish with Dow Jones Industrial Average ending slightly below the flat line, while the S&P 500 notched up by 0.14 per cent, and the Nasdaq Composite gained 0.34 per cent. In Asia, this morning the sentiment among investors remained mixed, with Japan’s Nikkei 225 falling 0.34 per cent in early trade, while the broad-based Topix fell by 0.20 per cent. In Australia, the S&P/ASX 200 began the day with a modest increase of 0.29 per cent. Hong Kong’s Hang Seng inde...
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Stock Market Updates: Sensex Hits Fresh High, Tops 75,000 For the First Time; Nifty Above 22,750
9Apr By adminNo Comments
Business

Stock Market Updates: Sensex Hits Fresh High, Tops 75,000 For the First Time; Nifty Above 22,750

Last Updated: April 09, 2024, 09:59 ISTEquity benchmark indices opened in green on Tuesday with the BSE Sensex rising 200 points to 75,051 and the NSE Nifty50 advancing by 54 points to 22,720.Nestle India, UltraTech Cement, Tata Motors, TCS, Infosys, Wipro, ICICI Bank led the gains on the Sensex, while Tech Mahindra and IndusInd Bank were among the top losers.On other hand, Shriram Fin, Dr Reddy’s and Adani Ports were among top five gainers on NSE Nifty 50 while Tata Consumer, Divis labs, HUL and ONGC were among the top five losers on NSE Nifty 50The broader markets opened with gains yet again with the BSE MidCap up 0.17 per cent and the SmallCap index 0.43 per cent higher.Views by: V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.Nifty Auto, Nifty Realty, and Nifty...
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Reliance Industries and earnings optimism propel markets to new peaks | News on Markets
8Apr By adminNo Comments
Business

Reliance Industries and earnings optimism propel markets to new peaks | News on Markets

Gains in Reliance Industries (RIL), automotive (auto) majors, and earnings optimism propelled the benchmark Sensex to new highs for a third consecutive day. Meanwhile, the Nifty finised at a new high for a second time in three days.  The S&P BSE Sensex ended the session at 74,743, marking a gain of 494 points, or 0.7 per cent, while the National Stock Exchange Nifty concluded at 22,666, up by 153 points, or 0.7 per cent. RIL, which saw a rise of 1.75 per cent, contributed the most to the gains in both the Sensex and Nifty, followed by Larsen & Toubro, which increased by 1.9 per cent, and Mahindra & Mahindra, which rose by 3.2 per cent. Analysts attribute the bullish sentiment in domestic equity markets to robust purchasing managers’ index numbers an...
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Stock market LIVE: Gift Nifty suggests slim gains on bourses, Titan, Adani Green Energy eyed | News on Markets
8Apr By adminNo Comments
Business

Stock market LIVE: Gift Nifty suggests slim gains on bourses, Titan, Adani Green Energy eyed | News on Markets

Stock market updates on April 08, 2024: The Indian equities market is looking to open with slim gains on Monday, tracking mixed global peers. The Gift Nifty futures were quoting 57 points higher than Nifty 50 futures at 22,652.  In Asia, this morning markets remained a mixed bag, with Japan’s Nikkei 225 crossing the 39,000 mark with a gain of 1.01 per cent in early trade, while the broad-based Topix rose by 0.77 per cent. South Korea’s Kospi declined by 0.17 per cent, whereas the small-cap Kosdaq experienced a larger loss of 0.76 per cent. In Australia, the S&P/ASX 200 began the day with a modest increase of 0.15 per cent. While Hong Kong’s Hang Seng index was quoting 0.44 per cent lower in early trade.  On Friday, the S&P 500 index and Nasdaq ...
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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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Stock Market Live: Gift Nifty signals gap-down open; Nikkei slides 2% after BoJ hints rate hike | News on Markets
5Apr By adminNo Comments
Business

Stock Market Live: Gift Nifty signals gap-down open; Nikkei slides 2% after BoJ hints rate hike | News on Markets

Stock market updates on April 05, 2024: Benchmark indices may start Friday's trading session on a tepid note amid weak cues from global peers. The focus, however, will be on the RBI policy announcement at 10 AM. At 08:20 am, Gift Nifty futures quoted around 22,525, suggesting a likely gap-down of 100-odd points on the Nifty 50. Overnight, the US market reversed course and ended with sharp losses as Fed officials cautioned on expecations of early rate cuts, and stressed that inflation needs to be closely watched. The focus now shifts on the job report due tonight. The S&P 500, Dow Jones and Nasdaq dropped over 1 per cent each. Meanwhile, the US 10-year bond yield contiunued to hover around elevated levels of 4.30 per cent. Brent Crude Oil futures topped th...
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