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Sensex jumps over 1,000 pts, Nifty breaches 17,200

Sensex jumps over 1,000 pts, Nifty breaches 17,200 : Rashtra News #Sensex #jumps #pts #Nifty #breaches Equity benchmark Sensex surged past the 57,000-mark by rallying over 1,000 points on Thursday, tracking an overall bullish trend in global equities despite the US Federal Reserve hiking rates. The 30-share BSE index closed 1,047.28 points or 1.84 per

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Bears return to D-Street after two-day rally; Sensex tumbles over 700 points, Nifty ends below 17,200

Bears return to D-Street after two-day rally; Sensex tumbles over 700 points, Nifty ends below 17,200 : Rashtra News #Bears #return #DStreet #twoday #rally #Sensex #tumbles #points #Nifty #ends Equity markets halted their two-day rally on Friday, with the Sensex tumbling 714.53 points amid weak global equities and selling in index majors Infosys, ICICI Bank,

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Sensex Today | Stock Market LIVE Updates: Sensex climbs 300 points, Nifty near 20,000; Adani group stocks soar up to 15%

Indian shares advanced on Wednesday, led by information technology (IT) stocks, after dovish commentary from a U.S. Federal Reserve official elevated bets of rate cuts by as early as March 2024.IT companies, which earn a significant share of their revenue from the U.S., rose 1.5% after Fed Governor Christopher Waller flagged the possibility of lowering the interest rate in the months ahead if inflation continued to come down.The odds of a 25 basis-point rate cut by March 2024 rose to 40.4% on Wednesday from 21.5% the day before, according to the FedWatch tool."Sentiment continues to be positive for Indian equities," said Anita Gandhi, founder and head of institution, Arihant Capital, citing the easing global rate outlook, return of foreign inflows and the recovery in rural demand.Foreign portfolio investors have turned net buyers of Indian equities after two months, adding shares worth 29.01 billion rupees, as of Nov. 28."The updates from the Supreme Court hearing on the Adani conglomerate have also given a boost to Adani stocks, aiding positive sentiment," Gandhi added.Adani group stocks rose between 0.4% and 17% on the day, extending the rally from Tuesday's session.Zomato jumped 4% after about 8.66 million shares of the food delivery company changed hands in 12 blocks as of 9:47 a.m. IST, according to LSEG data.China's Alipay launched a $400 million accelerated book build to sell its entire 3.44% stake in Zomato, according to the deal's term sheet.Aster DM Healthcare jumped 11% after agreeing to sell a majority stake in its Gulf business to Alpha GCC Holdings for $1.01 billion.

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Sensex Today: Opening Bell: Sensex falls 100 points, Nifty below 18,750; Varun Beverages jumps 4%, APL Apollo sheds 3%

Indian shares rose on Thursday, aided by an uptick in consumer and pharma stocks, after the U.S. Federal Reserve left rates unchanged as anticipated but hinted at the possibility of more hikes later this year.Both benchmarks were less than 1% below their all-time highs. The midcap index hit a new record high on Thursday, while the smallcap shares rose as much as 0.43% to post a fresh 52-week high."Not just the benchmarks, the smallcaps and midcaps have seen tremendous run-up in the recent weeks," said Saurabh Jain, assistant vice president for retail equities research at SMC Global Securities. "The markets are likely to take a pause, and a slight correction would only be healthy".Five of the 13 major sectoral indexes declined, with high-weightage IT index down over 0.5%.IT stocks, which are sensitive to interest rates in the U.S. due to the significant share of revenue earned from the country, fell after the Fed kept rates unchanged for the first time in 17 months but signaled the need for borrowing costs to rise.Fast moving consumer goods (FMCG) stocks advanced 0.6%.SMC Global's Jain said a gradual improvement in rural demand and a fall in prices of key raw materials like crude oil and soda ash have aided the rise of FMCG stocks.Pharma index climbed over 1%, with 11 of the 15 constituents logging gains.Among individual stocks, shares of Fortis Healthcare and Apollo Hospitals rose over 3% and 2%, respectively, after global brokerage JP Morgan initiated coverage on the stocks with "overweight" ratings.

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Hindenburg row: All about Wachtell, Adani's new legal firm that represented Twitter in Elon Musk's $44-bn deal

Wachtell was founded in 1965 by a small group of lawyers in New York.The firm has built a reputation for taking on complex corporate governance cases

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Markets gain for 2nd day; Sensex, Nifty climb nearly 1% amid firm global trends

The 30-share BSE Sensex advanced further by 462.26 points or 0.88 per cent to settle at 52,727.98. During the day, it rallied 644.15 points or 1.23 per cent to 52,909.87.

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Markets decline for 6th day; Sensex sheds 135 points, Nifty below 15,300

The BSE benchmark declined 135.37 points or 0.26 per cent to settle at 51,360.42. During the day, the benchmark faced volatility and tanked 574.57 points or 1.11 per cent to its one-year low of 50,921.22.

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Stock Market India: Sensex Crashes 1,546 Points, Extends Fall To Fifth Straight Session; Nifty Ends Below 17,150: 10 Points

The Indian equity benchmarks on Monday extended fall to the fifth straight session amid an across-the-board sell-off. The 30-share BSE Sensex crashed 1,546 points or 2.62 per cent to close at 57,492, while the broader NSE Nifty settled 468 points or 2.66 per cent lower at 17,149. During the day, the 30-share BSE index hit an intraday low of 56,984; and Nifty touched a low of 16,998. Sensex has plunged more than 3,800 points in the last five trading sessions. Both the domestic indexes have tumbled nearly 6 per cent, respectively.

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Share Market Updates: Sensex Rallies Over 1,100 Points A Day Ahead Of RBI's Policy Decision Led By Banks, Nifty Ends Above 17,200

ICICI Bank, HDFC Bank, HDFC, Infosys and Reliance Industries were among the top movers in the 30-share Sensex.

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Share Market LIVE Updates: Sensex, Nifty Seen Opening Lower Amid Weak Global Cues; Tata Motors In Focus

Tata Motors informed exchanges that its global wholesales in second quarter of current financial year including Jaguar Land Rover rose 24%.

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