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Equity benchmark indices Sensex and Nifty hit fresh lifetime high levels on Tuesday before closing flat due to profit-taking in select banking and telecom shares amid concerns over rich valuations.

Sensex, Nifty hit highs, end flat amid profit-taking

July 2, 2024, 06:18 AM - 2 mins read

In the Sensex pack, Kotak Mahindra Bank, Bharti Airtel, IndusInd Bank, Tata Motors, ICICI Bank, Bajaj Finance, State Bank of India, and Titan were the biggest laggards. Conversely, Larsen & Toubro, Infosys, HDFC Bank, Tata Consultancy Services, HCL Technologies, and Tata Steel emerged as the top gainers.

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Indian stock markets experienced a notable dip today after opening at record highs. The S&P BSE Sensex, which hit an all-time high of 79,855.87 at the opening bell, fell 38.34 points to 79,437.85 around 10:17 am.

Brokerage stocks fall, drag markets down

July 1, 2024, 10:40 PM - 2 mins read

The slide in banking and financial services overshadowed a more than 1% gain in information technology stocks. Among the top gainers on the Nifty50 were Infosys, Coal India, LTIM, Wipro, and ONGC. On the flip side, the top losers included HDFC Life, Kotak Mahindra Bank, Shriram Finance, Bajaj Finance, and SBI Life.

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Both benchmark indices, Nifty and Sensex, were trading firmly in the green, buoyed by a strong performance in the IT sector on July 1. Four out of five gainers on the NSE Nifty were IT stocks, with Wipro witnessing the sharpest rise.

Nifty, Sensex rise with IT stocks

July 1, 2024, 12:37 AM - 2 mins read

At about 12 pm, the Sensex was up 0.45 percent at 79,387, while the Nifty was up 107 points at 24,118. Around 2,391 shares advanced, 1,031 shares declined, and 125 shares remained unchanged. India VIX, which measures near-term volatility, inched up by a percent to trade around 14 levels.

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The equity benchmark Sensex fell for the first time in seven days on Friday, ending it's winning streak

Sensex six-day winning run ends, drops by 210 pts

June 28, 2024, 07:32 AM - 2 mins read

The Nifty50 index also recorded its first loss in five days. Despite the day's decline, both indices reached new intraday record highs before closing lower.

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Indian benchmark indices, Sensex and Nifty, closed at fresh record highs on June 27, continuing their bullish run for the fourth consecutive day amid the monthly F&O expiry.

Bank, infra stocks lead as Sensex set records

June 27, 2024, 06:00 AM - 2 mins read

On the Nifty, top gainers included UltraTech Cement, Grasim Industries, LTIMindtree, Wipro, and NTPC. Conversely, Shriram Finance, L&T, Eicher Motors, Bajaj Auto, and Divis Lab were among the losers.

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The domestic benchmark indices, Sensex and Nifty 50, soared to fresh record highs for the third consecutive session on Thursday, propelled by key heavyweights.

Sensex crosses 79,000 mark

June 27, 2024, 12:25 AM - 2 mins read

Notable performers among the Nifty 50 constituents included UltraTech Cement, Grasim Industries, Reliance Industries, ICICI Bank, and Axis Bank, each hitting new 52-week highs. Cement stocks were particularly strong, with UltraTech Cement climbing 4.3% and Grasim Industries advancing 2.6%. Overall, 19 out of 50 Nifty constituents traded in the green, with gains ranging from 0.1% to 4.3%.

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 India's benchmark stock indices, the S&P BSE Sensex and the NSE Nifty50, kicked off Tuesday's trading session on a positive note as financial and banking stocks surged, while large caps remained in focus.

Indian markets open strong; banking stocks lead

June 25, 2024, 12:05 AM - 2 mins read

Among the top performers on the Nifty50, Axis Bank, Ultratech Cement, HDFC Bank, Britannia, and Hero MotoCorp led the gainers. Conversely, BPCL, HCLTech, Adani Ports, Asian Paints, and NTPC faced selling pressure and were the top losers.

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The Indian equity markets staged a notable recovery today, reversing early session losses to conclude the trading day on a positive note.

Sensex close higher despite early volatility

June 24, 2024, 03:24 AM - 2 mins read

The BSE Sensex rose by 131 points to settle at 77,341, showcasing a recovery after a subdued start to the day. Mahindra & Mahindra led the gainers on the Nifty, supported by Power Grid Corporation of India and Sun Pharmaceutical Industries. Conversely, IndusInd Bank and Tata Steel were among the prominent losers on the index.

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Benchmark equity indices Sensex and Nifty closed flat on Wednesday despite touching new lifetime peaks earlier in the session, as profit-taking emerged amid a lack of immediate market triggers.

Sensex, Nifty end flat amid volatile trade

June 19, 2024, 03:46 AM - 2 mins read

Sensex, Nifty hit peaks,close flat on profit-takingAmong the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra, and HCL Technologies were the top gainers. Conversely, Titan, Maruti, Bharti Airtel, Larsen & Toubro, NTPC, Reliance Industries, Bajaj Finance, and Power Grid were the prominent losers.

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Benchmark equity indices Sensex and Nifty soared to new lifetime peaks in early trade on Wednesday, buoyed by firm global market trends, robust buying in bank stocks, and significant foreign fund inflows.

Sensex, Nifty reach new peaks on bank stock buys

June 18, 2024, 11:30 PM - 2 mins read

Leading the gains among the 30 Sensex companies were IndusInd Bank, ICICI Bank, JSW Steel, Axis Bank, Kotak Mahindra Bank, Infosys, Tata Consultancy Services, and HDFC Bank. Conversely, Titan, NTPC, Power Grid, and Bajaj Finance were among the few laggards.

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TMC MPs meet SEBI, seek probe into stock market imbroglio

Opposition seeks probe into stock market imbroglio

June 18, 2024, 02:40 AM - 6 mins read

The delegation, comprising TMC MPs Kalyan Banerjee, Sagarika Ghose and Saket Gokhale, was joined by Shiv Sena (UBT) MP Arvind Sawant and former NCP (SP) MLC Vidya Chavan to meet SEBI.

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The Indian stock market soared to new heights in early trade today, with benchmark indices Sensex and Nifty hitting fresh record highs

Sensex,Nifty set new records, IT stocks lead gains

June 17, 2024, 11:22 PM - 2 mins read

Out of the 13 sectoral indices on the National Stock Exchange (NSE), only three were trading in the red. Among the top performers on the Nifty were Wipro, Adani Enterprises, Mahindra & Mahindra (M&M), Titan Company, and Adani Ports. These stocks saw the highest gains, driving the overall market uptrend.

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