The Indian market extended its winning streak on Friday, supported by foreign inflows, easing U.S. bond yields, a stronger rupee, and festive optimism. The S&P BSE Sensex surged 484.53 points, or 0.58%, to close at 83,952.19, while the NSE Nifty 50 rose 124.55 points, or 0.49%, to 25,709.85. Here’s how analysts read the market pulse:…
The Indian stock market rebounded on Wednesday, buoyed by fresh foreign fund inflows and buying seen in the energy, commodities, and the PSE sectors. The benchmark S&P BSE Sensex gained 230.02 points or 0.29% to settle at 80,234.08, while the broader Nifty 50 index closed at 24,274.90, higher by 80.40 points or 0.33%. Here’s how…
While BSE 500 gained just 0.30% in the week gone by, 16 stocks gave double-digit returns as 229 others witnessed uptick in single digits and 250 stocks slipped into the red, dragging the index with them. CG Power and Industrial Solutions was the top gainer with returns of +19% followed by Triveni Turbine (+18%) and…
Indian equity indices closed marginally higher on Thursday, with gains in financial stocks offset by a decline in IT shares. The Nifty 50 inched up 0.07% to close at 24,998, while the S&P BSE Sensex gained 0.18%, settling at 81,611. Both indices had risen around 0.6% earlier in the session. Meanwhile, Friday’s trade may see…
Foreign Portfolio Investors (FPIs) bought Indian equities at a net worth over Rs 16,800 crore this week, taking the overall September tally to Rs 27,856 crore. The total investments by them now stand at Rs 70,737 crore, so far in 2024. In August, FPIs bought domestic shares worth Rs 7,322 crore which was down month-on-month…
The Indian benchmark Sensex closed over 1,000 points lower, while the Nifty50 ended below 24,900 on Friday, dragged down by banking and IT stocks amid uncertainty over Federal Reserve interest rate cuts. The 30-share BSE Sensex fell 1,017 points, or 1.24%, to settle at 81,183, while the broader NSE Nifty dropped 293 points, or 1.17%,…