The Nifty 50 closed 0.40 points lower to 17,624.05, while the S&P BSE Sensex rose 0.04% to 59,655.06. Both indexes lost over 1% this week
Overall, domestic institutional investors (DIIs), which include MFs, made a net investment of Rs 2.56 trillion in last financial year
Gains in index majors HDFC twins and Reliance Industries helped offset losses in IT, Power and FMCG stocks amid weak global trends
The expansion of India's services sector for the 20th straight month further boosted sentiment
With indices getting back on their feet, can stocks be far behind? Here is the list of 10 such stocks from BSE 100 with huge upside promise for investors willing to ride out any potential volatility
Share market holiday: According to the list of trading holidays on the website of BSE, apart from today's holiday, the stock market will remain closed for 11 more days in 2023
Extending gains to the third day, the broader NSE Nifty advanced 38.30 points or 0.22 per cent to close at 17,398.05 points
The US Federal Reserve (Fed) and the Reserve Bank of India (RBI) should hike once more by about 25 basis points each, says Rahul Arora CEO-institutional equities at Nirmal Bang
Three-month losing run ends; RIL, ICICI Bank lead charge
Sustained rate hikes by global central banks, Russia-Ukraine war, stubborn inflation and developed world banking crisis kept a leash on stock price performance
In a volatile trade, the 30-share BSE Sensex declined 398.18 points or 0.69 per cent to finish at 57,527.10, with 24 of its constituents posting losses
Fed Chair Jerome Powell last night said "rate cuts are not in our base case" for the remainder of 2023
The benchmark S&P BSE Sensex rose 445 points to end the session at 58,074 - a gain of 0.7 per cent
Analysts attribute fallout in domestic equities due to investors' fear of a domino effect after the collapse of big financial institutions in the US, and Europe
Nifty50 takes back 17K, brings down weekly loss to less than 2%from 3.5%
The domestic equity market on Thursday snapped the five-day losing streak as the benchmark Sensex recouped its lost ground and closed 78 points higher on fag-end value buying in banking, energy and financial stocks. A positive opening in the European market helped investor sentiments even as clouds hovered over the health of the global banking system amid Credit Suisse woes and bank failures in the US. Halting its five-day losing streak, the 30-share BSE benchmark rose 78.94 points or 0.14 per cent to close at 57,634.84 points, with 17 of its constituents ending in the green. During the session, it touched a high of 57,887.46 points and a low of 57,158.69 points. The 50-share NSE Nifty advanced 13.45 points or 0.08 per cent to settle at 16,985.60 points. As many as Nifty 32 stocks closed in the green. Equity benchmarks bounced back to end in the positive territory after trading lower for the most part of the volatile session. "With the turbulence at Credit Suisse and ahead of the
The only relief for investors on Wednesday was a rise in retail sales in China while factory output was fractionally lower than projected
Sensex, Nifty fall for 4th day to hit fresh five-month lows
Domestic equity investors' wealth eroded by more than Rs 4.43 lakh crore on Monday as fears of a financial contagion triggered by one of the biggest bank failures in the US roiled market sentiments. After a strong opening, Indian stocks went into a tailspin with the benchmark 30-share BSE Sensex tumbling nearly 900 points to close at 58,237.85 points -- sliding for the third straight trading session. The NSE Nifty too declined 258.60 points to end at 17,154.30 points. Reflecting the massive sell-off across sectors, the total market valuation of BSE-listed companies stood at Rs 2,58,56,295.60, leaving investors poorer by Rs 4,43,023.89 compared to the closing level on Friday. The total market valuation was at Rs 2,62,99,319.49 at the end of trading on Friday, when the key index had crashed more than 670 points. Out of the 3,757 stocks that traded on the BSE, as many as 2,915 closed in the red while 695 managed gains. A total of 219 stocks touched their 52-week low while 75 reached
Eight of the top 10 valued firms faced a combined erosion of Rs 1,03,732.39 crore in market valuation last week, with Reliance Industries and ICICI Bank taking the biggest hit amid an overall weak trend in equities. During the holiday-shortened week, the 30-share BSE Sensex declined 673.84 points or 1.12 per cent amid concerns over the quantum of the next interest rate hike by the US Federal Reserve. Barring Bharti Airtel and ITC, eight firms suffered erosion from their market capitalisation (mcap). The market valuation of Reliance Industries plummeted by Rs 41,878.37 crore to Rs 15,71,724.26 crore, the most among the top 10 firms. The mcap of ICICI Bank tumbled Rs 18,134.73 to Rs 5,88,379.98 crore. The valuation of HDFC Bank tanked by Rs 15,007.38 to Rs 8,86,300.20 crore, and that of State Bank of India eroded by Rs 12,360.59 to Rs 4,88,399.39 crore. HDFC's market valuation diminished by Rs 6,893.18 crore to Rs 4,77,524.24 crore. Tata Consultancy Services' (TCS) valuation slump