Stocks listed on BSE's main board will be assessed for index eligibility from FTSE's March 2027 review, the index provider said
In intraday deals, Sensex surged 699.86 points or 0.90 per cent to 77,609.54. Its NSE counterpart, Nifty 50, rose 187 points or 0.77 per cent to 24,265.15, led by gains in banking and IT stocks.
BSE share price today: Today's decline marked the fifth straight session of losses for BSE, during which the stock has fallen 10 per cent.
Analysts said the key factor restraining a market rally was the strengthening Brent crude price, which once again has moved above $89 per barrel in the absence of a peace deal between the US and Iran.
The dropout rate of companies in index surged in post-liberalisation economy, even as Indian equities joined the global asset pool, with the entry of foreign institutional investors in the late 1990s
In the last 11 years, the Sensex has ended August higher 6 times, with an average gain of 3.42 per cent, and lower 5 times, with an average decline of 2.71 per cent.
BSE barometer Sensex jumped 827 points or 1.07 per cent in intraday deals to a high of 77,593. Its NSE counterpart, Nifty 50, added 218 points or 0.90 per cent to touch 24,203.
VK Vijayakumar of Geojit Investments said that the attack on Saudi tankers by the Iran-backed Houthis in the Red Sea is the main reason for the recent sharp spike in oil prices.
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.3 per cent and 0.53 per cent higher, respectively.
Amid the ongoing West Asia linked supply issues the company has initiated pricing interventions and operating cost optimisation measures to mitigate operational pressures.
BSE barometer Sensex lost as much as 690 points or 0.88 per cent to hit the day's low of 77,445. At the same time, the Nifty 50 index briefly slipped below the 24,150 mark.
Buying interest extended to broader markets as well, with the Nifty Midcap 100 and Nifty Smallcap 100 indices settled higher by 0.45 per cent and 0.75 per cent, respectively
Technical analysts at SBI Securities and Choice Broking expect the Nifty to retest record highs around 26,350, and Sensex to rally toward 89,000 in an optimistic scenario.
July has also been traditionally good for foreign inflows, which aided market performance. According to data compiled from the NSDL, FPIs have been net buyers of Indian stocks in 9 out of 12 years.
Technical analysts believe that the Nifty can potentially surge to 24,600 from here if it clears hurdles at 23,800 and 24,200-24,300 levels.
A Bloomberg report said that the US and Iran are edging closer to signing an agreement to reopen the Strait of Hormuz as the Group of Seven world leaders are set to meet next week.
DOMS Industries shares jumped after the company entered into an asset purchase agreement with Reynolds Pens India
According to data compiled by Bloomberg, 4.49 million shares changed hands in GNG Electronics through multiple block deals in the pre-opening session
The ₹2,300 crore fund will be raised in one or more phases/tranches to boost the strategic and business initiatives. Further, the board decided to deliberate further on options for raising funds
Vascon Engineers has received a letter of intent from the Central Public Works Department (CPWD), Guwahati, for the demolition and redevelopment of RBI quarters