The Indian market ended higher on Monday, with the Sensex and Nifty snapping a six-day winning streak, as investors locked in gains after benchmarks hovered near record highs. The pause followed a rally fuelled by optimism over easing global trade tensions and expectations of a rebound in corporate earnings. The S&P BSE Sensex declined 0.67%…
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 market ended lower on Monday, with IT stocks leading the laggards, as renewed trade tensions between the U.S. and China dented risk appetite. The selloff followed U.S. President Donald Trump’s escalation of tariff threats after Beijing tightened curbs on rare earth exports. The S&P BSE Sensex declined 173.77 points, or 0.21%, to finish…
Shares of Anil Ambani-led Reliance companies tumbled up to 10.5% in morning deals on Monday, October 13, after the Times of India reported that the Enforcement Directorate arrested senior Reliance Power executive Ashok Kumar Pal in the alleged fake bank guarantee and fake invoicing case on Saturday. Reliance Power shares cracked over 10% to their…
The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed foreign portfolio investor (FPI) inflows over the past three sessions. Optimism ahead of the quarterly earnings season added to the upbeat sentiment, although Tata Consultancy Services (TCS) capped broader gains after reporting weaker-than-expected September-quarter results. The S&P BSE Sensex rose 328.72…
The Indian market eased on Wednesday, snapping a four-session winning run, as investors booked profits, with financial shares leading losses. The weakness in banks outweighed gains in IT stocks ahead of the quarterly results. The S&P BSE Sensex fell 153 points, or 0.19%, to close at 81,773.66, while the NSE Nifty 50 declined 62 points,…
India’s benchmark indices, the Nifty and Sensex, snapped an eight-day losing streak, driven by gains in private banks, auto, and IT stocks. The Nifty rose 225.20 points, or 0.92%, to close at 24,836.30, while the Sensex added 715.69 points, or 0.89%, settling at 80,983.31. Indian stock markets remain closed today for Dussehra and Gandhi Jayanti….
The Indian market fell for a fifth straight session on Thursday, with the Sensex and Nifty dragged lower by financial and IT shares as persistent foreign outflows and worries over U.S. visa curbs weighed on sentiment. The S&P BSE Sensex dropped 555.95 points, or 0.7%, to close at 81,159.68, while the NSE Nifty 50 shed…
The Indian market ended higher on Thursday after the government trimmed levies on a range of goods in a Goods and Services Tax (GST) overhaul aimed at spurring consumption ahead of the festive season and offsetting pressure from steep U.S. tariffs. The NSE Nifty advanced 19.25 points, or 0.08%, to finish at 24,734.30, while the…
Private lender Yes Bank on Saturday said the Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% of the bank’s paid-up share capital and voting rights. Importantly, RBI has clarified that following this acquisition, SMBC will not be classified as a promoter of Yes Bank. The bank…