Stock Market

Sensex down more than 500 points

New Delhi: Equity benchmarks sank on Tuesday with selling emerging at higher levels. BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure. Ultratech Cement was down…
Nifty midcap100 up 44%, smallcap100 surges 54%

New Delhi: Domestic markets are ending the year 2023 on a buoyant note as Nifty scales above 21,500 mark while the Sensex crosses 71,000. Investor’s sentiments got a big boost in November…

Broader market rally cannot continue for long, warn analysts

New Delhi: The concern in the market now is the excessive valuations in the mid and small-cap segments, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Retail exuberance and sustained…
FIIs turn big buyers with Rs 20,000 cr of stocks in two weeks

New Delhi: FIIs, who have made a ‘U’ turn in their strategy, have turned big buyers having invested around Rs 20,000 crore, including bulk purchase, in the last two weeks, says V…
Markets continue to rally; Nifty hits fresh record high in early trade

Mumbai: Equity benchmark indices maintained their winning run in early trade on Tuesday, with the benchmark Nifty hitting its fresh all-time high level, amid an optimistic trend in global markets, continuous foreign…
Sensex smashes past historic 70,000 mark in morning trade

Mumbai: The Sensex smashed past the 70,000 mark for the fast time ever to scale a historic high, while the Nifty 50 zoomed to a record 21,019.80 points in morning trade on…
Pakistan stock market soars to all-time high

Karachi: The Pakistan Stock Exchange (PSX) wrapped up the trading week on a historic note as the benchmark KSE-100 index soared to an unprecedented all-time high above 66,000 points, a media outlet…

Nifty crosses 21000 mark, at new all-time high

New Delhi: The Nifty reached a new all-time high as the RBI Governor announced the monetary policy, surpassing the 21,000 mark, says Rupak De, Senior Technical analyst at LKP Securities. The RBI…
Post election results, ensuing rally has steam to continue

New Delhi: The results of five state elections have provided a major booster dose to the markets and saw them building on the rally which was already underway. The BSESENSEX in the…
Karnataka govt invites startups to provide tech solutions

Bengaluru: The Karnataka government on Wednesday invited startups to provide tech products and solutions for the government departments. “In tune with its policy to create innovation and collaboration opportunities for startups, the…
Market momentum pushes Sensex above 67K

New Delhi: The market momentum which pushed the Nifty up by 6 per cent in November is likely to be sustained since the incoming data and news are positive, says V.K. Vijayakumar,…
Markets await exit polls on Thursday

New Delhi: This week is likely to be volatile but a rally is likely soon. FIIs have already turned buyers. FII and DII money flows can trigger a large-cap led rally, says…
BSE 500 companies revenues flat but profits zoom

New Delhi: The 2QFY24 results of BSE-500 Index companies showed further weakness in revenues (0.7 per cent yoy decline ex-BFSI), even as earnings growth remained robust (47 per cent yoy), Kotak Institutional…
Markets decline in early trade amid foreign fund outflows

Mumbai: Equity benchmark indices fell in early trade on Monday, extending their previous day’s decline, amid fresh foreign fund outflows. The 30-share BSE Sensex declined 97.18 points to 65,697.55 after a muted…
Market expected to maintain positive momentum

New Delhi: Market is expected to maintain its positive momentum in the short term, supported by declining oil prices and moderating US yields, says Vinod Nair, Head of Research at Geojit Financial…