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Bengaluru : Bajaj Allianz Life, one of India's leading private life insurers, has announced the launch of its New Fund Offer (NFO) - Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund. Offered under the Company's ULIP products, this fund is designed to track the Nifty 500 Multifactor MQVLv 50 Index, providing investors with exposure to a multifactor based equity index while also offering life cover. Bajaj Allianz Life ULIP products with underlying Bajaj Allianz Life Nifty 500 Multifactor 50 ...Read More >
New Delhi [India], May 2 : Indian stock indices extended their positive momentum from the past week and opened in the green on Tuesday, largely due to firm GST collections and continued foreign fund inflows in April. At 9.33 am, benchmark indices Sensex and Nifty traded up in the 0.5-0.6 per cent range. On Monday, there was no movement on the Indian stock exchanges as they were shut for Maharashtra Day. The gross GST collection in April 2023 was at its all-time high of Rs 187,035 crore, Rs 19, ...Read More >
Mumbai (Maharashtra) [India], June 27 (ANI): Domestic stock indices opened with gains for the fourth straight session on Friday, supported by positive global cues, like hints of extending the July 9 tariff deadline. The White House hinted that the tariff deadline may be pushed back, and President Donald Trump said a 'great deal' is coming up with India, boosting investor sentiment. The Nifty 50 index opened at 25,576.65, up by 27.65 points or 0.11 per cent. The BSE Sensex also opened higher at ...Read More >
New Delhi [India], June 6 (ANI): The Indian stock indices ended on a strong note and surged after the larger-than-expected policy rate cut, reflecting elevated optimism among the market participants on the last trading day of the week. At the end of the trading on Friday, the BSE Sensex was at 82,188.99, up 746.95 points or 0.92 per cent, and the Nifty 50 was up 252.15 points or 1.02 per cent. The market analysts say that the RBI's decision to cut the repo rate exceeds expectations and gives a ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The domestic benchmark indices surged on Friday after the Reserve Bank of India (RBI) reduced repo rate by 50 basis points to 5.50 per cent and cash reserve ratio (CRR) by 100 basis points (in four tranches). Sensex gained 746.95 points or 0.92 per cent at 82,188.99 and the Nifty rose 252.15 points or 1.02 percent to close at 25,003.05. The rise was led by banking stocks. Nifty Bank closed at 56,578.40, up 817.55 points or 1.47 per cent. During the day, Bank Nif ...Read More >
Mumbai: Benchmark stock indices Sensex and Nifty rebounded nearly 2 per cent on Tuesday in line with a recovery in Asian peers after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81 per cent to settle at a month's high of 78,583.81. During the day, it surged 1,471.85 points or 1.90 per cent to 78,658.59. The NSE Nifty soared 378.20 points or 1.62 per cent to 23,739.25, a level not seen since January 3. From the ...Read More >
Mumbai, Feb 4 (PTI) Benchmark stock indices Sensex and Nifty rebounded nearly 2 per cent on Tuesday in line with a recovery in Asian peers after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81 per cent to settle at a month's high of 78,583.81. During the day, it surged 1,471.85 points or 1.90 per cent to 78,658.59. The NSE Nifty soared 378.20 points or 1.62 per cent to 23,739.25, a level not seen since January 3 ...Read More >
Mumbai, Feb 3 (PTI) Benchmark stock indices Sensex and Nifty closed lower on Monday tracking weak global markets amid concerns over US President Donald Trump imposing tariffs on some of its trading partners. The 30-share BSE Sensex declined 319.22 points or 0.41 per cent to settle at 77,186.74, snapping its five-day rally. Intra-day, it tumbled 749.87 points or 0.96 per cent to 76,756.09. The NSE Nifty declined 121.10 points or 0.52 per cent to 23,361.05. From Sensex shares, Larsen & Toubro, T ...Read More >
New Delhi [India], January 10 (ANI): Indian stock indices settled in the red for the third straight day on Friday, the last session of the current week, due to looming uncertainties around President Donald Trump-elect's likely actions post his inauguration. The Indian equity markets underperformed most global markets. The Sensex and Nifty index declined by 2 per cent this week, said Shrikant Chouhan, Head of Equity Research at Kotak Securities. Besides, consistent selling by foreign investors ...Read More >
(Reuters) -Wall Street's main indexes edged lower on Tuesday as investors anxiously awaited key inflation reports that could influence the Federal Reserve's interest rate decision next week. Among the S&P 500's 11 major industry sectors, communication services, up 2.5%, was the biggest gainer with a strong boost from Google-parent Alphabet, whose shares rose 5.3% after it unveiled a new-generation chip. The weakest sectors were rate-sensitive real estate, down 1.4%, and technology, down 1%. Te ...Read More >
Mumbai, December 5: Indian stock indices staged a strong recovery on Thursday after a slow start, driven by optimism surrounding a potential rate cut in the ongoing Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted: "FIIs turning buyers is positive for markets, particularly for large caps. The strength in banking stocks has the potential to take Bank Nifty towards all-time highs, which could als ...Read More >
Mumbai (Maharashtra) [India], December 5 (ANI): The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts. The Nifty 50 index surged 165 points or 0.67 per cent to 24,628.80 points at the time of filing this report, while the BSE Sensex gained 600 points or 0.74 per cent to 81,560.61 points. Also Read | 'Animal' Actress Triptii Dimri is IMDb's Most Popular Indian Star of 2024, ...Read More >
Mumbai (Maharashtra) [India], December 5 (ANI): The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts. The Nifty 50 index surged 165 points or 0.67 per cent to 24,628.80 points at the time of filing this report, while the BSE Sensex gained 600 points or 0.74 per cent to 81,560.61 points. Experts noted that the markets are gaining as investors anticipate a rate cut in the M ...Read More >
The European share index dropped as investors reacted to France's political unrest and the abrupt resignation of Stellantis' CEO. The STOXX 600 fell 0.1%, while the CAC 40 underperformed. France's borrowing costs increased, and sectors like automobiles and tech faced challenges, although some companies saw gains. Europe's primary share index experienced a decline on Monday as investors offloaded French stocks amidst growing political uncertainty in the country. The resignation of Stellantis' CE ...Read More >
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