May 30, 2024, 03:54 AM - 3 mins read
The 30-share BSE Sensex plummeted by 617.30 points or 0.83 percent to settle at 73,885.60, hitting a day's low of 73,668.73 due to substantial selling in blue-chip stocks.
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May 24, 2024, 03:46 AM - 1 min read
Among the Nifty 50, major gainers included HDFC Bank, Bharti Airtel, L&T, BPCL, and UltraTech Cement. The laggards were Adani Ports, Tech Mahindra, Mahindra & Mahindra, JSW Steel, and Titan.
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May 15, 2024, 11:26 PM - 3 mins read
Analysts have attributed the pressure on the markets to persistent selling by Foreign Institutional Investors (FIIs) and elevated levels of India VIX, the volatility index. Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial, expressed his anticipation of the market consolidating within a broader range as election polling progresses and the results season approaches its conclusion.
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May 8, 2024, 01:09 AM - 3 mins read
The fear looms that a weakened performance by the BJP could disrupt the continuity of economic reforms and policy initiatives, unsettling the markets. Speculation regarding the electoral ramifications of low voter turnout has been a driving force behind market sentiments, as initial reports indicate a decline compared to previous elections.
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May 5, 2024, 10:19 PM - 2 mins read
Kotak Mahindra Bank spearheaded the charge, witnessing a remarkable 4 percent surge following the announcement of its March quarter results. The bank reported a significant 25 percent growth in net profit, reaching Rs 5,302 crore.
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April 29, 2024, 03:41 AM - 3 mins read
Market participants are strategically focusing on quality mid and smallcap stocks, particularly those associated with government-backed sectors such as railways, defense, construction, rural development, and solar panels.
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April 26, 2024, 04:51 AM - 2 mins read
Several heavyweight stocks contributed to the downward trajectory of Sensex, with Bajaj twins, IndusInd Bank, Nestle, Kotak Bank, M&M, and JSW Steel emerging as the top losers. Among the 30 Sensex stocks, 22 ended the day in the red. Conversely, Tech Mahindra, Wipro, ITC, Ultratech Cement, Titan, and Axis Bank managed to buck the trend, recording gains of up to 7.34 percent.
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April 22, 2024, 10:27 PM - 2 mins read
Several key stocks contributed to the rally, with Bharti Airtel, Titan Company, HCL Technologies, Mahindra & Mahindra, Bajaj Finserv, and Tata Motors emerging as major gainers. However, Power Grid, Larsen & Toubro, JSW Steel, and Axis Bank experienced some downward pressure.
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April 22, 2024, 04:19 AM - 2 mins read
In global markets, positive trends were observed in Seoul, Tokyo, and Hong Kong, while Shanghai closed lower. European markets were also trading with gains, following a mixed performance on Wall Street last Friday.
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April 22, 2024, 12:33 AM - 2 mins read
Major gainers in the Sensex basket included UltraTech Cement, Axis Bank, Bajaj Finance, Larsen & Toubro, Tata Steel, and Tata Motors, contributing to the bullish sentiment. However, HDFC Bank, JSW Steel, Mahindra & Mahindra, and ITC emerged as laggards.
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April 19, 2024, 12:34 AM - 2 mins read
All sectoral indices in India finished in the red, with realty and PSU bank stocks taking the hardest hits.
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April 18, 2024, 05:01 AM - 2 mins read
Leading the downturn in the Sensex were companies like Nestle, which saw a decline of over 3 per cent amidst reports of higher sugar content in its infant milk products sold in less developed countries. On the flip side, Bharti Airtel, Power Grid, Infosys, and Larsen & Toubro managed to buck the trend and emerged as gainers.
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