Indian benchmark equity indices Sensex and Nifty swung between gains and losses before ending flat on Tuesday, as profit booking, especially in energy stocks, offset gains in information technology firms. The Nifty 50 index shed 0.05% to 25,796.9, while the S&P BSE Sensex settled 0.04% lower at 84,266.29. They moved between 0.1% higher and 0.1%…
October 1, 2024October 1, 2024 Benchmark index Nifty 50 closed flat on Tuesday, struggling to hold the 25,800 level due to declines in major indices, primarily driven by heavyweights Reliance Industries (RIL) and IndusInd Bank. The Nifty 50 dropped 13.95 points to close at 25,796.90, while the Sensex fell…
September 30, 2024September 30, 2024 Today, benchmark index Nifty 50 fell below the critical 26,000 level, and the Sensex plummeted by over 1,000 points, largely due to significant profit-taking in financial and auto stocks. The Nifty fell by 368.10 points to close at 25,810.85, while the Sensex dropped 1,272.07…
Benchmark indices Sensex and Nifty50 hit record highs on Thursday, driven by a surge in commodity stocks amid expectations of China cutting mortgage interest rates to stimulate consumption. The Nifty ended 1.89% higher at 25,388, while the Sensex rose 1.77% to 82,962. Both the benchmarks also hit closing high levels during the session, which was…
The benchmark Nifty index broke its 14-day winning streak, closing in the red on Wednesday due to a global market downturn amid renewed concerns over a U.S. economic slowdown and caution ahead of key data that could impact the Federal Reserve’s interest rate decision. The Nifty 50 ended 0.32% lower at 25,198 points, while the…
Domestic headline equity indices closed higher in a highly volatile market on Wednesday, driven by gains in Consumer Durables stocks. The NSE Nifty 50 index rose 0.29% to 24,770, and the S&P BSE Sensex added 0.13% to 80,905. Investors await the minutes of the latest Fed policy meeting later in the day and Chair Jerome…
August 20, 2024August 20, 2024 The Sensex saw 39 stocks close higher today on Tuesday, August 20, boosted by heavyweights like HDFC Bank and Reliance Industries. The Nifty IT index hit a new high with positive global cues, propelling IT stocks forward. Led by heavyweight stocks, the Sensex surged…
Indian benchmark equity indices recovered most early losses to close marginally lower in a volatile market on Monday, largely ignoring concerns raised by a new Hindenburg report alleging misconduct by SEBI chief Madhabi Puri Buch. The BSE benchmark Sensex declined 57 points or 0.07% to settle at 79,648.9, while the broader NSE Nifty dropped 20.5…
Nifty formed a long-legged Doji candle on the daily charts to breach a 5-day losing streak, ending 42 points higher at 22,531. The 50-DMA is placed at around the 22,400 level, and a slip below this level could shift the test to the 22,300-22,260 zone. However, crossing 22,660 could resume the bullish trend, Om Mehra…