Stock Market
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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,…
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BSE market cap hits record high of USD 4.7 trillion
Mumbai: The BSE market cap touching a record high of around $4.7 trillion reflects the strength of the ongoing bull run and the momentum in the market, said V.K. Vijayakumar, Chief Investment…