Category: Business News
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Stock market closes in green amid broad-based gains.
Mumbai (Maharashtra): The stock market closed on a positive note on Friday, with the BSE Sensex and NSE Nifty both registering gains. The Sensex climbed 138.59 points to end the day at 76,949.49, while the Nifty rose by 55.00 points, closing at 23,453.90. The trading session saw mixed performances among the Nifty firms, with 28…
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Indian stocks open at record highs Thursday, backed by moderation in inflation.
New Delhi : Indian stock indices touched their fresh lifetime highs briefly after the opening bell Thursday, continuing their uptrend from the previous session, primarily due to a moderation in inflation in May – both in India and the US. Other domestic economic parameters too are robust. At the time of filing this report, Sensex…
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Indian stock market closes in red after touching all-time high, most IT stocks suffer.
Mumbai : The stock indices closed with a marginal dip after both indices touched an all-time high during Monday’s session. The Sensex touched a record high of 77,079 and the Nifty 50 reached 23,411 points. The Nifty 50 concluded with a decline of 0.13 percent at 23,259 and the Sensex declined 0.27 per cent at…
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Sensex touches all-time high, Nifty up 2 per cent on announcement of PM Modi taking oath
Mumbai (Maharashtra) [India], June 7 : Indian markets continued their upward trend and Sensex touched all-time high after the Reserve Bank of India (RBI) announced on Friday that it would keep policy rates unchanged at 6.5 percent and it became clear that Narendra Modi will again take oath as Prime Minister of India. The BSE…
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Bloodbath in India stocks as trends show below par show by BJP-led NDA; Sensex slumps over 4,000 points.
Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, where incumbent BJP performed below par and seems it may fall short of exit poll predictions and the majority mark on its own. The BJP-led National Democratic Alliance is leading in nearly 300 seats while the INDIA alliance is…
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Bulls push markets to historic highs, experts give positive outlook for future.
The stock market opened on Monday at a record high, following the exit polls predictions giving the BJP-led NDA a third term with a comfortable majority. Markets experts see further upswings after the formation of the government, allocation of portfolios to ministers and announcements in the upcoming July budget. Madhusudan Kela, Founder of MK Ventures,…
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Bharti Airtel appoints Sharat Sinha as CEO of Airtel Business.
Bharti Airtel (“Airtel”) has appointed Sharat Sinha as the CEO of Airtel Business effective 3rd June 2024. In this role, Sharat will report to Gopal Vittal and will be a part of the Airtel Management Board. Sharat joins Airtel Business from Checkpoint Software Technologies Limited, where he served as President of Asia Pacific. A seasoned…
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Indian markets correct sharply as election enters its final phase.
Mumbai (Maharashtra): Indian benchmark indices saw a sharp correction on Wednesday’s trading session amid selling pressure ahead of the final phase of elections. The Nifty 50 index declined by 0.80 percent, or 183 points, to close at 22,704.70, while the BSE Sensex fell by 667 points, or 0.89 percent, settling at 74,502.90. “Weak global cues…
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Nifty-Sensex continue to rally, election result uncertainty reducing rapidly.
Mumbai (Maharashtra): Indian indices Nifty and Sensex opened flat on Friday, near the record closing of the previous day. The Nifty Index opened at 22,930 points, very close to the 23,000 mark. The Sensex also sustained Thursday’s rally and opened near 75,335, close to the 75,500 mark. “The net inflow number by FIIs on Thursday…
