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Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI. Besides, heavy buying in capital goods, consumer durable and industrial stocks also helped the indices, traders said. Retail inflation
Nifty Auto and Nifty Metal have shown strong performance in 2024 YTD, outperforming the benchmark. Experts favor auto over metals for long-term investment due to growth potential, innovation, and less impact from global factors.
Indian shares fell for a fifth straight session on Thursday, pressured by weakness in global peers, while some investors trimmed positions ahead of federal election results. The NSE...
Experts predict Nifty 50 may test support at 22,650 and 22,400 levels before Lok Sabha election results, with cautious bullish trends.
Get latest articles and stories on India at LatestLY. Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Wednesday, continuing their losing streak for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls and weak global trends. The 30-share BSE Sensex declined 667.55 points or 0.89 per cent to settle at 74,502.90. The index declined below the 75,000 mark to hit the day's low of 74,454.55, plunging 715.9 points or 0.95 per cent. The BSE benchmark hit its all-time peak of 76,009.68 on May 27. T...