Indian headline indices ended with gains on Friday led by strong action in IT, auto and metal stocks though weakness in banks and financials capped the gains. The broader Nifty rose 112.35 points, or 0.49%, to close at 23,114.50, while the 30-share Sensex gained 325.72 points, or 0.44%, to settle at 74,532.96. Meanwhile, the volatility…
The combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore last week, with the State Bank of India taking the biggest hit, in tandem with a weak trend in equities. Last week, the BSE benchmark tanked 2,368.29 points, or 2.91 per cent. “Markets ended the holiday-shortened week with steep…
The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,06,250.95 crore last week, with Bajaj Finance and Reliance Industries emerging as the biggest gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark jumped 901.11 points, or 1.12 per cent, and the Nifty climbed 314.15 points,…
Foreign Institutional Investors (FIIs) are net buyers so far in May, buying Indian equities worth Rs 13,835 crore. The week gone by saw heavy selling from them as they off-loaded shares worth Rs 11,591 crore. The FII selling comes on the back of a choppy trade through the week. The week started with reaction to…
Foreign portfolio investors (FPIs) recorded net equity inflows of Rs 21,789 crore in December so far, marking a significant reversal after months of heavy outflows. With this surge in December, FPIs have experienced a total net inflow of Rs 6,770 crore in 2024, compared to outflows of Rs 15,019 crore at the end of November….