The market capitalisation of BSE-listed companies hit a record high of Rs 429.32 lakh crore on Wednesday as the BSE benchmark Sensex ended higher amid a largely positive trend in global equities. The 30-share BSE Sensex climbed 149.98 points or 0.20 per cent to settle at 76,606.57. During the day, it jumped 593.94 points or 0.77 per cent to 77,050.53. The BSE benchmark is just 28.51 points away from breaching its previous lifetime peak of 77,079.04. The market capitalisation of BSE-listed firms stood at Rs 4,29,32,991.65 crore (USD 5.14 trillion) -- its lifetime high. The Sensex was on the back foot for the past two trading sessions. Power Grid was the biggest gainer on the Sensex chart, rising 2.54 per cent, followed by Tech Mahindra, Bajaj Finance, NTPC, UltraTech Cement, Larsen & Toubro, Tata Steel, Bharti Airtel, Bajaj Finserv and HCL Technologies. In contrast, Hindustan Unilever, Mahindra & Mahindra, Infosys and Titan were among the laggards. In Asian markets, Seoul and ..
Trading was thinned in Asia with Australia, China, Hong Kong and Taiwan out for public holidays, but MSCI's broadest index of Asia-Pacific shares outside Japan still slumped 0.46 per cent
Stock Market Highlights on May 29, 2024: In the broader markets, the BSE SmallCap index was the only outperformer, rising 0.23 per cent
Stock Market Highlights on May 28, 2024: The losses were steeper in the broader markets where the BSE MidCap fell 0.63 per cent, and the BSE SmallCap slipped 1.09 per cent
European markets closed on a negative note, with Germany's DAX falling 0.22 per cent and the UK's FTSE dropping 0.09 per cent
Oil prices shot up following the news of Raisi's helicopter crash in Asian Markets; OPEC and its allies are expected to meet on June 1
The powerful rallies in Indian and Japanese equities as China's market has slumped have reset Asia's financial-market landscape
As regards rate cuts, analysts expect the global central banks, especially in Asia, to follow the Fed in rate cutting cycle
India stands to benefit most from increasing flows into index excluding China
The rupee was also helped by strength in its Asian peers amid a drop in US Treasury yields. The Korean won climbed 0.8 per cent and the Indonesian rupiah advanced 0.4 per cent
Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February
BIDEN BOUNCE VS TRUMP SLUMP: Nomura weighs in on the potential fallout for AxJ stocks
The return expectations are based on above-par earnings and supportive policy
The world's biggest exporter of onions banned shipments on Dec. 8 after domestic prices more than doubled in three months following a drop in production.
Valuations in India, he said in this interview, are pricing a lot more 'sentiment' premium than what fundamentals of the stocks can explain
Stock market live on October 23, 2023: At 7:15 am, the Gift Nifty futures were nearly flat at 19,520 levels
The Nifty gained 51.75 points to end at 19,716.45. It moved between a low of 19,554 and a high of 19,730.70 in day trading
External Affairs Minister S Jaishankar on Sunday said the West was not the "bad guy" as it was not flooding Asian and African markets with goods on a massive scale and that there was a need to get over the "syndrome" of seeing it in a negative way. Jaishankar, in an interview to Malayalam news channel Asianet, also made it clear that he was not batting for the West. He was in Thiruvananthapuram as part of the launch of the PM Vishwakarma scheme. "It is not the West which is flooding Asia and Africa with goods on a massive scale. I think we need to get over the syndrome of the past that the West is the bad guy and on the other side are the developing countries. The world is more complicated, the problems are much more complicated than that," the minister said. Former Indian diplomat T P Sreenivasan interviewed the minister for the channel. On being asked whether Chinese President Xi Jinping did not attend the G20 summit in New Delhi because it did not want India to be seen as leader
Indian markets, analysts believe, are an outlier and can still justify expensive valuations amid a likely recovery in corporate earnings going ahead
CLOSING BELL ON AUGUST 11, 2023: 14 out of the Sensex 30 stocks declined over a per cent each, while HCL Tech gained 3 per cent on Friday.