Stock Market
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IT stocks at crossroads, says Kotak Securities report
Chennai: Information technology (IT) stocks are at crossroads with valuations declining, but this seems to be fair given the demand slowdown, Kotak Securities Ltd in a sectoral research report. According to the…
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Sensex, Nifty rise for 2nd day as banking, metal shares shine
Mumbai: Benchmark stock indices Sensex and Nifty closed higher for a second straight day on Tuesday on gains in banking, IT and metal shares following a firm trend in the global markets.…
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Sensex, Nifty settle at fresh lifetime highs; maintain winning momentum for 6th day
Mumbai: The Sensex and Nifty ended at fresh lifetime peaks on Tuesday amid a largely firm trend in other Asian markets and continuous foreign fund inflows. The 30-share BSE Sensex gained 177.04…
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Markets hit fresh all-time highs; rally for 5th day
Mumbai: Benchmark indices ended at fresh lifetime highs on Monday amid foreign fund inflows, a decline in crude oil prices and buying in index major Reliance Industries. Rallying for the fifth day…
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Gold falls by Rs 61; silver sheds Rs 146
New Delhi: Gold price slipped by Rs 61 to Rs 52,822 per 10 gram in the national capital on Monday amid a fall in prices of the precious metal overseas, according to…
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Sensex, Nifty scale fresh lifetime highs as Reliance, Wipro advance
Mumbai: Benchmark Sensex and Nifty advanced further to settle at record highs for the second day in a row on Friday, helped by intense buying in index majors Reliance Industries, Wipro and…
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Rupee falls 26 paise to 81.93 against USD on forex outflows
Mumbai: The rupee depreciated 26 paise to close at 81.93 against the US currency on Wednesday due to dollar buying by banks on behalf of importers and rising crude oil prices in…
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Sensex rebounds after 3 days of fall as RIL, IT stocks spurt
Mumbai: Equity indices staged a pullback on Tuesday after three days of declines as investors scooped up IT, metal and consumption stocks amid a largely positive trend overseas. A recovery in the…
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Gold gains Rs 45; silver advances by Rs 316
New Delhi: Gold price rose by Rs 45 to Rs 53,220 per 10 gram in the national capital on Friday following gains in prices of the precious metal in the international market,…
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Sensex settles at fresh life-time high; Nifty ekes out marginal gains
Mumbai: Equity benchmark indices ended the trade in the positive territory on Wednesday, with the BSE Sensex closing at its fresh life-time high of 61,980.72, helped by buying in banking counters. After…
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Rupee gains 37 paise to close at 80.91 against US dollar
Mumbai: The rupee appreciated by 37 paise to close at 80.91 against the US dollar on Tuesday, on encouraging inflation data and weak American currency. Forex traders said a firm trend in…
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Gold gains Rs 294; silver climbs Rs 366
New Delhi: Gold rallied by Rs 294 to Rs 53,275 per 10 gram in the national capital on Tuesday amid rise in prices of the metal in international market, according to HDFC…
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Sensex rises 248 points to close at lifetime high; Nifty above 18,400
Mumbai: Market benchmark Sensex climbed 248 points to close at its all-time high of 61,872 on Tuesday, propped up by robust fag-end buying in banking and energy stocks amid a positive trend…
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Rupee rises 45 paise to 81.47 against US dollar
Mumbai: The rupee appreciated by 45 paise to close at 81.47 against the US dollar on Wednesday amid fall in crude oil prices, dollar weakness and sustained foreign fund inflows. At the…
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Gold gains Rs 81; silver drops Rs 244
New Delhi: Gold price in the national capital gained Rs 81 to Rs 51,201 per 10 grams on Monday, according to HDFC Securities. In the previous trade, the precious metal had settled…
