Nifty, Sensex end losing streak but give up most of their intraday gains
LIC, Zomato, Dmart among largest firms in the list of 45 stocks
The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit. Forex traders said the USDINR pair has shown significant volatility in recent sessions, with the rupee inching closer to its all-time low of 84.40. This downward pressure is largely driven by global factors, particularly the Dollar Index's strengthening. At the interbank foreign exchange, the rupee opened at 84.40 against the greenback, registering a fall of 1 paisa over its previous close. On Tuesday, the rupee fell 1 paisa to a new lifetime low of 84.39 against the US dollar. "It appears that the rupee has established support around the current levels, with depreciation limited near 84.50," CR Forex Advisors MD Amit Pabari said. Pabari further added that the RBI stands tall as the depreciation in the rupee seems to be limited as the Reserve Bank of India (RBI) continues to se
IT firms, which generate significant revenues from the US, gain the most on optimism that potential corporate tax cuts by the new President will boost revenues
The benchmark index was down 1.18 per cent on Monday and closed at 78,782 compared to Friday's close of 79,724
Markets in India started November with a decline of nearly 2 per cent, plunging 1,500 points to 78,233.
Both the BSE Sensex and NSE Nifty 50 jumped over 1 per cent during intraday trade on October 28, before ending the week’s first trading session in positive territory, mirroring gains in Asian markets.
Stock Market Highlights: 26 out of 50 constituent stocks of Nifty50 ended in the green, led by Ultratech Cement, Shriram Finance, Grasim, Titan, and Mahindra & Mahindra
Gulshan Polyols has been awarded an order to supply 142,222 kiloliters of ethanol, with an estimated value of Rs 993.9 crore, to various oil marketing companies
Amber Enterprises reported a consolidated net profit of Rs 20.96 crore as compared to a loss of Rs 5.65 crore a year ago
The BSE Sensex crashed by over 900 points, while the NSE Nifty50 finished below 24,500. Watch to understand the reason behind the market correction on October 22.
Stock Market Today: Benchmark India equity indices were likely headed for a flat start with a slightly positive bias as indicated by GIFT Nifty futures at 7:10 AM
The BSE SmallCap index, the top loser among broader market indices, slipped 1,261 points or 2.3 per cent at 54,387, at 10:30 AM
Ambuja Cements will acquire a 46.8 per cent stake in Orient Cement. The transaction will happen at an equity value of Rs 8,100 crore, or Rs 395.4 per share
PNC Infratech plunged 18% to Rs 299 in intra-day trade on Tuesday, with a combined 7.25 million shares representing 2.82% of total equity having changed hands on the NSE and BSE till 09:42 AM
Brokerages predict that companies in the benchmark NSE Nifty 50 Index will either report flat or low single digits profit gains for the quarter ended September
The indices fell in the last two weeks amidst escalating tensions in the Middle East and sharp selloff by foreign portfolio investors
Stock market crash: The BSE Sensex crashed up to 962 points or 1.17 per cent to 80,726.06 levels, while NSE's Nifty50 fell 244 points or 0.97 per cent at 24,770 levels in intraday deals
On October 3, 2024, the Indian stock market saw Rs 10.56 lakh crore in value wiped out due to a mix of global and local factors. Here's what really went down and where to put your money next.
On Monday, the Sensex crashed by over 1200 points, and the Nifty dropped by over 300 points intraday. But why did this happen? Let’s break it down.