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Sensex rises 145 points to scale fresh peak, Nifty ends above 16,550

Equity benchmark Sensex jumped 145 points to end at a fresh high on Monday tracking gains in index majors Reliance Industries, Bajaj Finance and Tata Steel. Despite opening on a choppy note, the 30-share index ended 145.29 points or 0.26 per cent higher at a new peak of 55,582.58. It touched a record intra-day high of 55,680.75. Similarly, the broader NSE Nifty advanced 33.95
Soult Ukpyolsi South Korea Hong Kong Bajaj Finserv Bajaj Auto Tata Steel

Markets reach new peak as Sensex scales above 55,000, Nifty ends above 16,500

Equity benchmark Sensex rallied 593 points to end above the 55,000-mark for the first time on Friday, propelled by gains in index heavyweights TCS, Reliance Industries and HDFC twins. The 30-share index rose 593.31 points or 1.08 per cent to its new all-time high of 55,437.29. It touched an intra-day record of 55,487.79. Similarly, the broader NSE Nifty breached the 16,500
Soult Ukpyolsi South Korea Hong Kong Bharti Airtel Bajaj Auto Indusind Bank

Sensex, Nifty soar to fresh lifetime highs

Equity benchmark Sensex surged 318 points to end at its new lifetime high on Thursday, tracking gains in ICICI Bank, L&T and Tech Mahindra. The 30-share index ended 318.05 points or 0.58 per cent higher at its all-time peak of 54,843.98. The broader NSE Nifty advanced 82.15 points or 0.26 per cent to record 16,325.15. PowerGrid was the top gainer in the Sensex pack, rallying
Soult Ukpyolsi South Korea Hong Kong Axis Bank Indusind Bank Reliance Industries

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Market outlook: Macro data, RBI policy to influence indices this week

Market outlook: Macro data, RBI policy to influence indices this week PTI Global trends and the pace of vaccination would also guide the local equities, they added. โ€œIn the week ahead, the key event in the domestic market will be the announcement of RBIโ€™s monetary policy decision. To give a view on economic recovery, the market awaits the release of manufacturing and service PMI data,โ€ said Vinod Nair, Head of Research at Geojit Financial Services. Among major earnings annou...
New Delhi Nirali Shah Rahul Sharma Bharti Airtel Vinod Nair Head Of Research At Geojit Financial Services

Sensex crosses 54,000 for first time; Nifty soars past 16,200

595 Mumbai, August 4 Equity benchmark Sensex rallied 546 points to finish above the 54,000-mark for the first time on Wednesday, tracking strong gains in financial stocks amid positive cues from global markets. After scaling its lifetime peak of 54,465.91 during the session, the 30-share index ended 546.41 points or 1.02 per cent higher at a record 54,369.77.ย  Similarly, the broader NSE Nifty surged 128.05 points or 0.79 per cent to its all-time peak of 16,246.85. It touched a lifetime intra-d...
Soult Ukpyolsi South Korea Hong Kong Bharti Airtel Tata Steel Reliance Industries

Textile industry: Textile cos rally as Street bets on gains from US-China tiff

Investors are also cheering the governmentโ€™s efforts to revive growth in the domestic textile industry. To provide a level playing field to exporters and make products globally competitive, the government recently extended the Rebate of State and Central Taxes and Levies (RoSCTL) scheme on exports of garments and made-ups till March 31, 2024. Some companies told analysts recently that they have been operating at a higher capacity. Capacity utilisation is expected to sustain at healthy levels ...
United States Republic Of Bangladesh General Kaustubh Pawaskar Biplab Debbarma Welspun India

Sensex jumps over 150 points to fresh high; Nifty crosses 15,900

Sensex jumps over 150 points to fresh high; Nifty crosses 15,900 PTI Mumbai | Updated on ร— Sharp fall in daily caseload, ramp-up in vaccination overshadow worries related to higher crude prices, weakening rupee Equity benchmarks Sensex and Nifty scaled fresh intra-day records in opening trade on Monday, tracking gains in heavyweights Reliance Industries, ICICI Bank and HDFC. After touching a lifetime high of 53,126.73, the 30-share BSE index was trading 142.85 points or 0.27 per cent higher a...
Soult Ukpyolsi South Korea Sun Pharma Bharti Airtel Axis Bank Kotak Bank

Macroeconomic data, pace of vaccination, global trends to dictate stock markets: Analysts

URL copied Image Source : PTI Macroeconomic data, the pace of vaccination and global trends would be the major drivers for the domestic equity markets this week, analysts said. Macroeconomic data, the pace of vaccination and global trends would be the major drivers for the domestic equity markets this week, analysts said. Besides, the progress of monsoon will also be monitored. "This week marks the beginning of the new month also, so participants will be eyein...
Nirali Shah Ajit Mishra Vinod Nair Head Of Research At Geojit Financial Services Vp Research Head Of Equity Research

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