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The market has been driven primarily by foreign institutional investors in the last few months, as they have reallocated funds to emerging markets due to a drop in the dollar.
D-Street investors get richer by Rs 2.46 lakh crore as Sensex ends at record closing high SECTIONS D-Street investors get richer by Rs 2.46 lakh crore as Sensex ends at record closing highBy Share Synopsis The 30-share pack Sensex advanced 689.19 points or 1.43 per cent to 48,782.51. The index saw the biggest streak of weekly gains since 2009. Its broader peer, NSE Nifty climbed 209.90 points or 1.48 per cent to 13,347.25. Investors got richer by Rs 2.46 lakh crore as the total market cap of BSE-listed firms climbed to 195.64 lakh crore. Related NSE Explore Now NEW DELHI: Benchmark indices...
Sensex welcomes 2021 with longest weekly streak in a decade SECTIONS Share Synopsis The 30-share pack Sensex climbed 117.65 points, or 0.25 per cent, to 47,868.98 to extend the streak of weekly gains to 9, the longest since 2010. Getty Images Nifty closed above the 14,000 mark for the first time. NEW DELHI: IT and public sector banks were in demand on Friday as benchmark indices rallied for yet another day to close at fresh highs. Amid lack of global cues, domestic events boosted sentiments on Dalal Street. As the earning season is close by and analysts are expecting India Inc. to continue th...
Merry Christmas! Right Asset Allocation paved the way to be your own Santa this year The right dose of equity coupled with gold and debt products can turn things around in the next year and even in the future, thus helping you navigate choppy waters with ease. Rahul Jain Dhani Services Ltd. Identified as a potent tool for prosperity, financial advisors and planners have been advocating having the right ‘asset allocation’, since time immemorial. Another name for diversification, this core tenet of investing has a major impact on how you go abou...
Sensex recovers almost all of Monday's loss in 3 days: Key factors behind the rally Synopsis Indices are close to their record highs again and have virtually recovered all losses sustained at the beginning of the week. Broader markets have also seen buying but analysts cautioned against betting on penny stocks. Sensex leaps another 529 points, Nifty just a tad below 13,750; Sun Pharma, GSPL gain 3% each INSIGHTS NSE NEW DELHI: Reliance Industries and banking stocks were in demand on Thursday as benchmark indices extended gains after renewed hopes of a Brexit deal lifted risk appetite on Dal...