The Indian market ended higher on Friday, with the Sensex and Nifty reversing an early lull as financial and auto stocks—typically sensitive to interest-rate moves—led the advance after the Reserve Bank of India cut its policy rate by 25 basis points. The S&P BSE Sensex climbed 447 points, or 0.52%, to close at 85,712.37, while…
The Indian market closed higher on Thursday, with the Sensex and Nifty snapping a four-session losing run, lifted by IT shares ahead of the Reserve Bank of India’s policy decision on Friday.The S&P BSE Sensex rose 158 points, or 0.19%, to close at 85,265.32, while the NSE Nifty 50 advanced 48 points, or 0.18%, to…
The Indian market ended weaker on Wednesday, with the Sensex and Nifty edging lower and extending their slide to a fourth session as investors stayed cautious near record levels. The mood on Dalal Street remained guarded ahead of the Reserve Bank of India’s interest-rate decision and policy cues due Friday and as persistent foreign outflows…
The Indian market ended lower on Tuesday, with the Sensex and Nifty retreating after briefly brushing record levels in the previous session, as investors locked in gains and foreign funds continued trimming exposure. A mix of profit-taking and external pressures kept the benchmarks under strain.The S&P BSE Sensex slipped 503.63 points, or 0.59%, to finish…
The Indian market closed flat with a slight negative bias on Friday, with the Sensex and the Nifty swinging between red and green as investors booked profits near record levels and assessed expectations of potential interest rate cuts in both the U.S. and India, alongside incoming domestic growth signals. The S&P BSE Sensex inched down…
D-Street witnessed a bunch of block deals involving top names such as Reliance Industries (RIL), HDFC Bank and Apollo Hospitals Enterprises. While Goldman Sachs sold shares in the RIL and HDFC Bank while BofA offloaded shares in Apollo. Goldman Sachs sold 3.98 lakh shares through its affiliate Goldman Sachs Bank Europe SE at a price…
The National Investment And Infrastructure Fund (NIIF) on Thursday divested nearly a 3 per cent stake in electric two-wheeler maker Ather Energy for Rs 541 crore through open market transactions. NIIF through its affiliate National Investment and Infrastructure Fund-II offloaded a little over 87.02 lakh equity shares in two tranches, representing a 2.28 per cent…
The Indian market ended higher on Monday, with the Sensex and Nifty mirroring gains across Asian markets amid optimism that Washington is nearing a resolution to the prolonged U.S. government shutdown. Investor sentiment also got a lift from stock-specific rallies after upbeat quarterly earnings. The S&P BSE Sensex climbed 0.38% to close at 83,535.35, up…
Over the last five trading sessions ending on October 17, the Nifty gained 1.7%, rising by 425 points to close at 25,710. The benchmark index ended in positive territory on three of the five days. Notably, during this rally, nine stocks from the Nifty500 index recorded gains in each of the five sessions. (Data Source:…
In less than five months, Ather Energy’s shares have climbed more than 66% from their listing price, while rival Ola Electric Mobility has shed nearly a quarter of its value since its debut last year. Both companies are racing to dominate India’s fast-growing electric two-wheeler market, but their diverging stock charts and financial results now…