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Ahead of Budget, Sensex opens 600 points higher, Nifty over 17.5k

Mumbai: Hours before Finance Minister Nirmala Sitharaman presented her fourth General Budget on Tuesday, the stock market showed signs of excitement, with Sensex opening over 600 points higher and Nifty over 17,500 points. Among the stocks that went up were banking, realty and IT. The Economic Survey has projected the GDP growth rate at 8-8.5...

Sensex crosses 60,000 mark for the first time

Mumbai: Friday was a historic day for the domestic stock xmarket, with Sensex crossing the mark of 60,000 for the first time in its history. Nifty was around 17,900. The BSE benchmark climbed 359 points on Friday to touch 60,245 in the opening session. Strong buying was seen in Infosys, HCL Tech, TCS, Asian Paints,...

Sensex opens at record high; crosses 56k-mark

Mumbai: The benchmark indices of the domestic stock market opened on a strong note on Wednesday, with Sensex crossing the mark of 56,000 points for the first time. At 9.26 am, the Sensex gained 294 points, reaching 56,086.50 points. Banks and financial service stocks led the gains. Bajaj UltraTech Cement and Bajaj Finance were the...

Sensex, Nifty surges over 2%

The Indian benchmark equity indices Sensex and Nifty surged by over 2 per cent on Tuesday due to strong gains in information technology, metals and pharma stocks. The Sensex settled above the 50,000-mark for the first time since March 23 at 50,136 levels. It was up 1,128 points or 2.33 per cent. On the other...

Sensex tanks 938 points ahead of Union Budget

The BSE benchmark index Sensex on Wednesday crashed 938 points to end the day at 47,409—a decline of 1.94%, whereas the Nifty slipped 271.40 points to touch 13,967.  The Indian stock markets are falling due to massive selling across sectors and in the past four trading sessions, Sensex has declined 4.78% or 2,382 points. The...

Sensex tanks 1,066 points over weak global cues

Investors in India on Thursday lost over Rs 2.7 lakh crore within a few hours as the Sensex tanked by over 1,000 points. The downfall almost wiped out most the gains achieved during the past 10 days when the markets witnessed consecutive gains. The decline in the stock market is attributed to the selling pressure...

Sensex plunges over 1000 points over economic package disappointment

Sensex plunged by 1,068.75 points to close at 30,028.98 on Monday amid a sharp decline in banking and financial stocks. Media reports said the decline was a result of investors seeing the government measures to aid the economic recovery following the lockdown as inadequate. Hero MotoCorp, Housing Development Finance Corporation (HDFC), Axis Bank, State Bank...

Share markets end in green amid expectations of a fresh stimulus package from Centre

Domestic share markets registered a six-week closing high on Thursday, boosted by gains in heavyweight banking and IT stocks on expectations of a fresh stimulus package from the government to soften the damage from the coronavirus pandemic. The NSE Nifty 50 index ended 1.38 per cent higher at 9,313.90, and the leaner S&P BSE Sensex...

Sensex, Nifty goes up as investors hopeful of a second stimulus package from government

Indian markets on Thursday rebounded strongly as investors remain hopeful of another government stimulus to aid small industries to tackle COVID-19 pandemic. BSE Sensex ended the day’s trading session higher by 1,265 points or over 4 per cent at 31,159.62. NSE Nifty was up 354 points or 4 per cent at 9,102. Some of the...
Sensex rallies 2,476 points in biggest single-day gains since 2009

Sensex rallies 2,476 points in biggest single-day gains since 2009

Firing on all cylinders, the bulls made a terrific comeback on Tuesday with the benchmark indices posting their biggest single-day gain since May 18, 2009. Supportive global cues and hopes that coronavirus spread may have peaked in key global centres, boosted investor sentiment. The S&P BSE Sensex today reclaimed the crucial psychological level of 30,000....
Sensex down 674 points, Nifty ends at 8,084 amid heavy selling in financial stocks

Sensex down 674 points, Nifty ends at 8,084 amid heavy selling in financial stocks

Continuing their downward trend, the benchmark indices settled with over 2 per cent loss on Friday as coronavirus cases showed no signs of abating. Globally, confirmed cases surpassed 1 million on Thursday with more than 52,000 deaths. Back home, an ongoing 21- day lockdown has already brought the economy to a standstill. The S&P BSE...

Markets crash amid coronavirus scare on Day 1 of new financial year

The S&P BSE Sensex and NSE Nifty 50 indexes crashed on the first day of the financial year 2020-21 on Wednesday as the number of coronavirus cases continues to rise in the country amid 21-day lockdown. Intense selling pressure in banking, financial services, and information technology shares led to sharp losses on Dalal Street. The...