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Mumbai, Apr 9 (PTI) Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure to close with deep cuts on Thursday after investors pared exposure to financial, banking, and IT stocks as renewed tensions in West Asia faded the ceasefire-led optimism. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic market. Snapping its five-session winning run, the 30-share BSE Sensex dro ...Read More >
MUMBAI: Equity benchmark indices ended lower on Thursday, with the Sensex tumbling 931 points after a spectacular rally in the previous session, as renewed tensions in West Asia faded the ceasefire-led optimism. The ceasefire deal appeared to be at risk after Iran closed the Strait of Hormuz again in response to Israeli attacks on Lebanon. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic ma ...Read More >
Mumbai: Indian equity benchmarks declined on Thursday, snapping their five-day gaining streak, as rising oil prices and uncertainty around the US-Iran ceasefire weighed on investor sentiment. The Nifty closed 0.93 per cent lower, falling 222.25 points to settle at 23,775.10. The Sensex also slipped sharply, ending 1.20 per cent or 931.25 points down at 76,631.65. Commenting on Nifty technical outlook, experts said that the intraday charts showed price action remained range-bound with a slight ...Read More >
Mumbai, Apr 9 (PTI) Equity benchmark indices ended lower on Thursday, with the Sensex tumbling 931 points after a spectacular rally in the previous session, as renewed tensions in West Asia faded the ceasefire-led optimism. The ceasefire deal appeared to be at risk after Iran closed the Strait of Hormuz again in response to Israeli attacks on Lebanon. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the ...Read More >
Mumbai, Apr 9 (PTI) Equity benchmark indices Sensex and Nifty slumped on Thursday afternoon trade after an impressive rally in the previous session as fresh tensions in West Asia threatened the ceasefire reached between the US and Iran. Weak trends in Asian markets and unabated foreign fund outflows also drove the markets lower. The 30-share BSE Sensex dropped 938.55 points or 1.21 per cent to hit an intra-day low of 76,624.35. The 50-share NSE Nifty declined 237.9 points or 0.99 per cent to 2 ...Read More >
Mumbai, April 8: Equity benchmark indices Sensex and Nifty surged nearly 4 per cent on Wednesday, following an impressive rally in global markets and a drop in crude oil prices after the US and Iran announced a two-week ceasefire. The RBI decision to keep the policy repo rate unchanged, heavy buying across all sectors and a strengthening rupee against the US dollar also improved investor sentiment, traders said. Rallying for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 point ...Read More >
New Delhi, Apr 8 (PTI) Investors' wealth swelled by Rs 16.25 lakh crore on Wednesday, mirroring a sharp rally in the stock market where the BSE Sensex jumped nearly 4 per cent, after the US and Iran announced a two-week ceasefire. Rising for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 points or 3.95 per cent to settle at 77,562.90, registering its best trading day in five years. During the day, it surged 3,018.96 points or 4 per cent to 77,635.54. Thanks to the sharp rally ...Read More >
Mumbai, Apr 8 (PTI) Equity benchmark indices Sensex and Nifty surged nearly 4 per cent on Wednesday, following an impressive rally in global markets and a drop in crude oil prices after the US and Iran announced a two-week ceasefire. The RBI decision to keep the policy repo rate unchanged, heavy buying across all sectors and a strengthening rupee against the US dollar also improved investor sentiment, traders said. Rallying for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 po ...Read More >
Mumbai, Apr 8 (PTI) Equity benchmark indices Sensex and Nifty ended nearly 4 per cent higher on Wednesday, following an impressive rally in global markets and a drop in crude oil prices, after the US and Iran announced a two-week ceasefire. Rallying for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 points or 3.95 per cent to settle at 77,562.90. During the day, it surged 3,018.96 points or 4 per cent to 77,635.54. The 50-share NSE Nifty soared 873.70 points or 3.78 per cent t ...Read More >
Mumbai (PTI): Equity benchmark indices Sensex and Nifty were trading sharply higher on Wednesday afternoon trade in-tandem with an impressive rally in global markets and a drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,988.82 points or 4 per cent to 77,605.40. The 50-share NSE Nifty surged 890.35 points or 3.85 per cent to 24,014. From the 30-Sensex firms, InterGlobe Aviation jumped the most by nearly 10 per cent. Larsen & Toubro ...Read More >
(RTTNews) - Indian shares opened on an upbeat note on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, contingent on reopening the Strait of Hormuz, sending oil prices crashing. The benchmark BSE Sensex was up 2,758 points, or 3.7 percent, at 77,374 in early trade ahead of the RBI's monetary policy decision later in the day. The broader NSE Nifty index soared 802 points, or 3.5 percent, to 23,925. Airline IndiGo traded nearly 10 percent higher as crude prices plunged below $10 ...Read More >
New Delhi [India], April 8 (ANI): Indian benchmark indices opened with significant gains on Wednesday as global investor sentiment improved following the announcement of a ceasefire between the United States and Iran. BSE Sensex stood at 77,230.04 points, marking an increase of 2,613.46 points or 3.50 per cent at 9:15 am. Simultaneously, NSE Nifty 50 stood at 23,855.15 points, up by 731.50 points or 3.16 per cent. A key trigger for the rally was the sharp correction in crude oil prices, with Br ...Read More >
Mumbai, Apr 8 (PTI) Stock market benchmark indices Sensex and Nifty surged in early trade on Wednesday following a sharp rally in global peers and a significant drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,775.73 points or 3.71 per cent to 77,392.31 in early trade. The 50-share NSE Nifty surged 815.2 points or 3.52 per cent to 23,938.85. From the 30-Sensex firms, InterGlobe Aviation jumped the most by nearly 10 per cent. Larsen ...Read More >
(RTTNews) - Indian shares opened on a sluggish note on Tuesday as Iran rejected proposals for a temporary ceasefire and U.S. President Donald Trump expanded his threat against Iran to include all power plants and bridges before his Tuesday-night deadline. The benchmark BSE Sensex was down 480 points, or 0.7 percent, at 73,627 in early trade, while the broader NSE Nifty index dropped 139 points, or 0.6 percent, to 22,829. Selling was seen across the board, with SBI, ICICI Bank, Larsen & Toubro, ...Read More >
MUMBAI: Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as surging crude oil prices amid growing uncertainty about the fate of West Asia war dented investors' sentiment. Unabated foreign fund outflows also added to the gloom. The 30-share BSE Sensex tumbled 824.44 points to 73,282.41 in early trade. The 50-share NSE Nifty dropped 248.95 points to 22,719.30. From the 30-Sensex firms, InterGlobe Aviation, Eternal, Axis Bank, Mahindra & Mahindra, State Bank of ...Read More >
Mumbai: Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as surging crude oil prices amid growing uncertainty about the fate of West Asia war dented investors' sentiment. Unabated foreign fund outflows also added to the gloom. The 30-share BSE Sensex tumbled 824.44 points to 73,282.41 in early trade. The 50-share NSE Nifty dropped 248.95 points to 22,719.30. From the 30-Sensex firms, InterGlobe Aviation, Eternal, Axis Bank, Mahindra & Mahindra, State Bank of In ...Read More >
The Rail Infrastructure Development Company (Karnataka) Limited, or K-RIDE, has successfully encashed performance bank guarantees worth Rs 57 crore issued by Larsen & Toubro (L&T) through YES Bank, following an arbitration tribunal's rejection of L&T's plea to block the move. The guarantees were linked to civil works under Corridors 2 and 4 of the Bengaluru Suburban Rail Project (BSRP). K-RIDE completed the encashment on Saturday (April 4), after the tribunal upheld its position that L&T had de ...Read More >
MUMBAI: Benchmark indices Sensex and Nifty staged a sharp rebound on Monday after falling in early trade following a correction in crude oil prices amid reports of ceasefire efforts in the ongoing West Asia war. Besides, intense buying in bank stocks also supported investor sentiments. In a volatile session, the 30-share BSE Sensex jumped 787.30 points, or 1.07 per cent, to settle at 74,106.85. During the day, it surged 887.91 points, or 1.21 per cent, to 74,207.46. The 50-share NSE Nifty edg ...Read More >
Mumbai, Apr 6 (PTI) Benchmark indices Sensex and Nifty staged a sharp rebound on Monday after falling in early trade following a correction in crude oil prices amid reports of ceasefire efforts in the ongoing West Asia war. Besides, intense buying in bank stocks also supported investor sentiments. In a volatile session, the 30-share BSE Sensex jumped 787.30 points, or 1.07 per cent, to settle at 74,106.85. During the day, it surged 887.91 points, or 1.21 per cent, to 74,207.46. The 50-share N ...Read More >
The Rail Infrastructure Development Company (Karnataka) Limited, or K-RIDE, has successfully encashed performance bank guarantees worth Rs 57 crore issued by Larsen & Toubro (L&T) through YES Bank, following an arbitration tribunal's rejection of L&T's plea to block the move. The guarantees were linked to civil works under Corridors 2 and 4 of the Bengaluru Suburban Rail Project (BSRP). K-RIDE completed the encashment on Saturday (April 4), after the tribunal upheld its position that L&T had de ...Read More >
New Delhi, Apr 5 (PTI) The combined market valuation of six of the top-10 most valued firms declined by Rs 64,734.46 crore in a holiday-shortened last week, with Bharti Airtel taking the biggest hit, reflecting the broader weakness in the equities market. Last week, the BSE benchmark Sensex declined 263.67 points, or 0.35 per cent, and the NSE Nifty fell 106.5 points, or 0.46 per cent. "Markets ended lower for the sixth consecutive week, declining by nearly half a per cent, reflecting heighten ...Read More >
Bhubaneswar/Jharsuguda: Mahanadi Coalfields Limited (MCL) and Bharat Coal Gasification and Chemicals Limited (BCGCL) have signed a significant land leasing agreement for a Coal-to-Ammonium Nitrate project at Lakhanpur in Jharsuguda district. The ambitious project, designed as a 2000 tonnes-per-day (TPD) Ammonium Nitrate facility, marks a historic milestone as India's first coal gasification initiative to deploy indigenously developed technology by Bharat Heavy Electricals Limited (BHEL). This d ...Read More >
Stock markets end lower for 6th straight week over West Asia conflict Mumbai: Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week. Sensex ended at 73,319.55 on Thursday, down 263.67 points or 0.35 per cent, compared to the previous Friday's close. Nifty 50 settled at 22,713.10, a decline of 106.50 points or 0.46 ...Read More >
New Delhi: In a significant push towards self-reliance in the energy and chemical sectors, Bharat Coal Gasification and Chemicals Limited (BCGCL) and Mahanadi Coalfields Limited (MCL) have signed a land leasing agreement for India's pioneering Coal to Ammonium Nitrate project at Lakhanpur in Odisha. The agreement was signed in New Delhi on Wednesday in the presence of Union Minister of Coal and Mines G Kishan Reddy. According to an official release, the project, over around 350 acres of MCL la ...Read More >
Mumbai (PTI): Equity benchmark indices Sensex and Nifty declined 2 per cent in early trade on Thursday amid rising geopolitical tensions following US President Donald Trump's warning of intensified military actions against Iran, driving crude oil prices higher. Unabated foreign fund outflows also added to the weakness in domestic equities. The 30-share BSE Sensex plummeted by 1,433.72 points, or 1.96 per cent, to 71,700.60. The 50-share NSE Nifty dived 445.70 points, or 1.97 per cent, to 22,23 ...Read More >
Mumbai, April 2 (SocialNews.XYZ) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict. Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours. All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among ...Read More >
New Delhi: VerSe Innovation has appointed P R Ramesh as an independent director on its board and named him chair of the audit committee, as the company looks to strengthen governance ahead of its next phase of growth. VerSe is the parent company of Dailyhunt, Josh, Magzter and NexVerse.ai. The company said Ramesh is a chartered accountant with more than 40 years of experience in financial oversight, corporate governance, regulatory advisory and board leadership. He is the former chairman of De ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday, tracking a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. The 30-share BSE Sensex jumped 1,899.53 points to 73,847.08 in early trade. The 50-share NSE Nifty surged 572.55 points to 22,903.95. All the 30-Sensex firms were trading higher, with Trent, Bharat Electronics, Adani Ports, Bajaj Finance, InterGlobe Aviation and Larsen & Toubro emerging as the majo ...Read More >
Mumbai, Apr 1 (PTI) Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday, tracking a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. The 30-share BSE Sensex jumped 1,899.53 points to 73,847.08 in early trade. The 50-share NSE Nifty surged 572.55 points to 22,903.95. All the 30-Sensex firms were trading higher, with Trent, Bharat Electronics, Adani Ports, Bajaj Finance, InterGlobe Aviation and Larsen & Toubro emergin ...Read More >
Nagpur: Maharashtra's last two left-wing extremism (LWE)-affected districts -- Gadchiroli and Gondia -- have shed the Red tag and were reclassified as legacy and thrust (L&T) districts by the Union home ministry through a mid-March circular, ahead of the March 31 deadline set by the central govt to make the country free of Naxalites.The L&T category is the final stage before full normalisation. It means the govt now only needs to consolidate its position to ensure further development and prevent ...Read More >
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