Category: Business News
-
Foreign investors sell Rs 7,769.73 crore in equities last week, experts cite high Indian market valuations
New Delhi [India], August 18 : Foreign investors have been significantly reducing their exposure to Indian equities by selling equities worth Rs 7,769.73 crore in just the last week (August 12 to 17). This activity has caused their net investment for August to turn negative, signaling a shift in the investment. Now the Foreign Portfolio…
-
Number of active investors on NSE surged by 13.9 pc in June: NSE report
Mumbai (Maharashtra) [India], August 14 : The number of active investors on the National Stock Exchange (NSE) surged by 13.9 per cent month-on-month, reaching 1.5 crore in June. This increase marks the third consecutive month of growth in active market users. According to a report by the NSE, the number of individuals trading at least…
-
Repo rate remains unchanged at 6.5 per cent for ninth consecutive time: RBI
Mumbai (Maharashtra) [India], August 8 : In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5 per cent. This marks the ninth consecutive time the central bank has opted for stability in its monetary policy. Governor Das stated,…
-
Indian stock market opens with major cuts following weak global cues
New Delhi, July 25 : The Indian stock market opens with a major cut, taking clues from global trends on Thursday. The BSE Sensex opened in the red with a cut of 606.77 points or 0.76 per cent at 79542.10 while the Nifty 50 at the National Stock Exchange (NSE) opened at 24232.00 dipping 182.50…
-
Stock markets remain volatile amid conservative growth forecast by Economic Survey
New Delhi , July 22 : Benchmark stock market indices experienced high volatility during trading session on Monday as the Economic Survey presented a conservative economic growth forecast for the Financial Year 2024-25. Both the indices faced selling pressure and closed with a marginal dip. The NSE Nifty 50 index closed with a decline of…
-
Nifty, Sensex decline amid weak global cues.
Mumbai : The Indian markets opened Thursday’s trading session with a marginal decline amid weak global cues. The Nifty 50 index dropped by 85 points, or 0.37 per cent, to 24,526, while the BSE Sensex fell by 304 points to 80,406 during early trade. In the broader market on the National Stock Exchange, all major…
-
Indian markets close at historic high, Sensex breaches 80,000.
Mumbai : The Indian markets gained to a historic high on Wednesday with Sensex breaching the 80,000 mark for the first time. By the close of the trading session, both the indices achieved new 52-week highs. The Sensex closed at an all-time high of 79,986.80 points, very near to the 80,000 milestone. Meanwhile, the Nifty…
-
Sensex crosses 80,000 in record opening; Nifty at 22,491.75 points on positive global cues.
Mumbai : Benchmark indices, Nifty and Sensex scaled fresh record highs on Wednesday, with Sensex surpassing 80,000 for the first time on the strength of banking and FMCG stocks. It was 80,013.77, up 572.32 points or 0.72 per cent at the time of filing this report. Nifty also opened at 24,291.75, up 168 points or…
-
Stock market closes in red amid intraday volatility.
Mumbai : After experiencing significant fluctuations throughout the trading session, the Indian stock market closed in negative territory on Tuesday. The BSE Sensex finished 34.73 points lower, settling at 79,441.45, while the NSE Nifty declined by 18.10 points to close at 24,123.85. The day began on a promising note as both benchmark indices opened at…
-
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points.
New Delhi : The Indian benchmark equity indices closed the trading session in red territory on June 28. The BSE Sensex fell 210 points or 0.27 per cent to close the day’s trading at 79,032.73, while the Nifty 50 closed 35 points or 0.15 per cent lower at 24,010. Bank Nifty closed in the red…