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Domestic equity benchmarks Nifty50 and Sensex surrendered most gains on Friday, May 24, after hitting record highs for the second consecutive session.

Nifty, Sensex rally pauses as IT stocks slide

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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Shares of Adani Enterprises Ltd, the flagship company of Gautam Adani’s group, have fully recovered the more than $30 billion in losses incurred after a short-seller report was released in early 2023.

Adani enterprises bounces back, gains $30 Billion

May 23, 2024, 11:50 PM - 2 mins read

The stock rebounded as the conglomerate reduced its debt and secured major projects, helping it bounce back after US-based Hindenburg Research accused the group of widespread corporate malfeasance and share-price manipulation in January 2023.

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Equity markets in India surged for the fifth consecutive session, with the Sensex crossing the 74,000 mark and the Nifty closing above 22,550 on Thursday

Sensex hits 74,000 mark after heavy buying in banking and metal stocks

April 25, 2024, 05:38 AM - 2 mins read

In the broader market, the BSE midcap index rose by 0.71%, and small-cap stocks advanced by 0.54%. Sector-wise, services, metal, healthcare, power, and energy sectors showed gains, while consumer durables and realty lagged.

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In the opening session of trading on Wednesday, benchmark stock indices in India surged, propelled by robust performances in the metals and auto sectors.

Stock indices gain momentum on positive earnings outlook

April 23, 2024, 10:39 PM - 2 mins read

The positive trend extended beyond Indian markets, with Asian shares also advancing in early trading, mirroring the optimistic sentiment observed in US markets.

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On April 23, the Indian market relinquished the majority of its day's gains during last-hour selling, yet managed to conclude with modest increases, marking the third consecutive session of upward movement.

Sensex inches up amidst market jitters

April 23, 2024, 03:54 AM - 2 mins read

Market sentiment initially turned bullish, with positive global cues and a decrease in tensions in West Asia fueling optimism. A sharp decline in volatility further buoyed investor confidence.

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Indian equity benchmark indices Sensex and Nifty witnessed significant gains in early trade on Monday, propelled by a rally in Asian markets, a drop in Brent crude oil prices, and robust buying activity by foreign investors.

Sensex and Nifty surge in early trade amid global rally and oil price dip

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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Sensex and Nifty indices extended their losing streak for the fourth consecutive session, primarily due to a significant downturn in bank stocks and sustained foreign fund outflows.

Sensex and Nifty experience fourth consecutive decline in a day of volatility

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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The Indian stock market kicked off the trading session with a promising gap-up opening today, signaling a rise in sentiment following the closure in observance of Ram Navami yesterday.

Indian markets rally post-holiday: Stocks see bullish trend

April 17, 2024, 10:31 PM - 2 mins read

Among the constituents of the Nifty, 40 companies witnessed advances, demonstrating a broad-based rally, while 10 experienced declines. Noteworthy gainers in the morning session included BPCL, Power Grid, HDFC Life, Hero MotoCorp, and Adani. Conversely, HCL Tech, NTPC, Nestle India, Apollo Hospital, and Axis Bank were among the top losers.

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The BSE Sensex shattered the monumental 75,000-point barrier for the very first time during early trading hours, while the Nifty soared to reach a remarkable new pinnacle.

BSE Sensex Surges Past 75,000 Mark while Nifty Hits Fresh High

April 8, 2024, 10:21 PM - 2 mins read

Key contributors to the Sensex rally included prominent names such as Infosys, Tech Mahindra, Tata Consultancy Services, HCL Technologies, Tata Motors, Wipro, ICICI Bank, and Nestle, which witnessed significant gains. While, JSW Steel, Kotak Mahindra Bank, Reliance Industries, and Larsen & Toubro found themselves among the underperformers.

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The Indian equity markets closed at record highs on April 8, with both the Nifty and the Sensex reaching significant milestones.

Sensex and Nifty reach all time highs with bullish momentum

April 8, 2024, 05:09 AM - 2 mins read

Leading the charge among Nifty gainers were prominent names such as Mahindra & Mahindra, Eicher Motors, Maruti Suzuki, and Reliance Industries. Whereas some stocks experienced losses, including Wipro, LTIMindtree, Adani Ports, Nestle India, and Apollo Hospitals.

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In a bullish start to the week, benchmark equity indices surged on Monday, with both the Sensex and Nifty hitting unprecedented levels, buoyed by positive sentiment in global markets and robust foreign fund inflows.

Equity indices reach record highs on Monday amid global optimism

April 7, 2024, 10:55 PM - 2 mins read

Among the major gainers from the Sensex basket were Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank, and JSW Steel. However, Wipro and HDFC Bank witnessed declines.

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After experiencing two consecutive days of decline, benchmark equity indices rebounded on Thursday, reaching record highs as investors engaged in value-buying across bellwether stocks ahead of quarterly earnings announcements amidst mixed global market trends.

Equity indices rally to new highs as investors eye Quarterly results

April 3, 2024, 09:32 PM - 2 mins read

Among the constituents of the Sensex, 28 stocks were trading positively, with HDFC Bank, NTPC, PowerGrid, Tata Steel, and Axis Bank leading the gains, while IndusInd Bank and ICICI Bank were the sole decliners. On the NSE Nifty, 46 shares were in the positive territory.

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