Stock Market
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Sensex, Nifty drop on foreign fund outflows, weak US markets
Mumbai: Benchmark equity indices Sensex and Nifty declined on Tuesday due to losses in index major Reliance Industries and HDFC Bank amid sustained foreign fund outflows and mixed global trends. The 30-share BSE…
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Narayana Murthy gifts Rs 240 cr Infosys stock to 4-month-old grandson
New Delhi: India has probably seen its youngest millionaire in Ekagrah Rohan Murty – the four-month-old grandson of Infosys founder N.R. Narayana Murthy. According to a regulatory filing, Narayana Murthy has gifted…
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Sensex down nearly 1,000 points after massive selloff in markets
Mumbai: Sensex is now down almost 1,000 points in a broad based massive selloff in the markets. BSE Sensex is trading at 72,691.46 points, down by 976.5 points or 1.33 per cent.…
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Markets trade firm on buying in bank stocks
Mumbai: Equity benchmark indices climbed in early trade on Tuesday amid buying in blue-chip stocks like HDFC Bank and ICICI Bank along with sustained foreign fund inflows. After a firm beginning, the…
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Markets break two-day rally on weak global trends; Sensex plunge over 600 points
Mumbai: Stock market benchmark Sensex declined by 616.75 points on Monday, snapping its two-day gaining streak due to selling in metal and banking shares amid weak trends in the global markets. Taking a…
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Small-cap index underperforms Nifty this week amid warnings of froth
New Delhi: The 3.7 per cent decline in the small-cap index this week when Nifty appreciated by 0.5 per cent is a big underperformance, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial…
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Sensex, Nifty hit fresh record peaks in early trade
Mumbai: Equity benchmark indices Sensex and Nifty hit their fresh record peaks in early trade on Thursday amid firm trend in the US markets and foreign fund inflows. The 30-share BSE Sensex…
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Small and mid cap stock indices fall sharply
New Delhi: Small cap stock index plunged on Tuesday as valuation concerns are mounting. BSE Small Cap Index was down 2.54 per cent much more than the benchmark Sensex which was down…
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Rupee rises 4 paise to 82.85 against US dollar in early trade
) The rupee appreciated 4 paise to 82.85 against the US dollar in early trade on Friday on the back of robust GDP data and massive inflow of foreign funds in the domestic…
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Sensex, Nifty soar in early trade on impressive GDP data, foreign fund inflows
Mumbai: Equity benchmark indices Sensex and Nifty jumped in early trade on Friday helped by impressive GDP data and fresh foreign fund inflows. Also, a rally in global markets added to the positive…
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Nifty 500 companies deliver strong performance in Q3
New Delhi: The Nifty 500 companies delivered strong performance and reported an earnings growth of 25 percent YoY in 3QFY24, as per a report by Motilal Oswal Financial Services. The earnings growth…
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Global rally in equities showing no signs of exhaustion
New Delhi: Global bull run in equities led by the US market is showing no signs of exhaustion, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. In the US, the…
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India’s market capitalisation will likely touch $10 trillion by 2030
New Delhi: India’s market cap is currently the 5th largest globally (US $4.5 trillion) but its weight in global indices is still low at 1.6% (10th rank), foreign brokerage, Jefferies said in…
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Nifty hit six new record highs this year indicating India’s bull market
New Delhi: This year alone, Nifty has set six new record highs during intraday trade and this is indicative of the strong momentum in the market, says V K Vijayakumar, Chief Investment…
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Nifty closes at all-time high, up for fifth straight session
Mumbai: Nifty ended higher for the fifth straight session on Monday after hitting an all-time high on the intra-day charts, said Deepak Jasani, Head of Retail Research at HDFC Securities. At close,…