Tag: share market

Sensex crosses 62,000 points twice on Wednesday, recedes

 The Sensex of BSE on Wednesday had a dalliance with 62,000 points and closed at 61,980.72 points. The Sensex opened at 61,708.63 points which were also the day's lowest point. It touched a high of 62,052.57 points during the day.

November 16, 2022

Sensex decline marginally on profit booking

At 9.57 am, Sensex traded at 61,782.52 points, down 90.47 points or 0.15 per cent, whereas Nifty traded at 18,380.55 points, down 22.85 points or 0.12 per cent. Notably, Sensex tasted a record high of 61,873 on Tuesday.

November 16, 2022

4 IPOs set to open next week

As companies try to bet on domestic equity markets with its more stable conditions, Five Star Business Finance, Archean Chemical Industries, Kaynes Technology India, and Inox Green Energy are among the stocks whose initial public offerings are set to open next week.

November 6, 2022

FPIs remain net buyers in India for third straight month, invests Rs 8,638 crore in sept

So far in September, FPIs bought Rs 8,638 crore worth of equities in India, the latest data available from National Securities Depository showed. In July and August, they infused Rs 4,989 crore and Rs 51,204 crore, respectively. September 2021 was the last time when foreign investors were net buyers.

September 25, 2022

Sensex tumbles 1021 points; over Rs 4 lakh cr investors’ wealth eroded

At close, Sensex was 1,020.80 points, or 1.73 per cent, down at 58,058.92, and Nifty closed 302.45 points, or 1.72 per cent, at 17,327.35. As many as 2,497 shares declined, 983 shares advanced, and 107 remained unchanged.

September 23, 2022

Mahindra Finance share crashed 14% as RBI bars it from using third-party recovery agents

The share price of Mahindra & Mahindra Financial Services Limited crashed by more than 14 per cent on Friday a day after the Reserve Bank of India (RBI) barred it from using third-party recovery agents.

September 23, 2022

Sensex slumps 337 points as US Fed hikes policy interest rates

The Indian stock market's benchmark Sensex fell 337 points on Thursday after the US Federal Reserve hiked interest rate by 75 basis points and signaled that the borrowing costs would be increased further in the coming months.

September 22, 2022

Sensex slips 263 points ahead of US Fed decision on policy rates

The Indian stock market's benchmark Sensex slipped 263 points on Wednesday ahead of the US Federal Reserve's monetary policy outcome.

September 21, 2022

Sensex closes 578 points higher amid rebound in global equities

The Indian stock market's key indices rallied by around one per cent on Tuesday led by broad-based gains amid a rebound in global equities. The 30 stock S&P BSE Sensex closed 578.51 points or 0.98 per cent higher at 59,719.74 points against its previous day's close at 59,141.23 points.

September 20, 2022

Indian economy resilient; accumulate stocks on correction: Report

The Indian economy is resilient and has shown strength despite weakness across the globe whereas any correction in its equity markets should be utilized as an opportunity to invest for the long-term, said financial services firm Emkay Wealth Management.

September 20, 2022

Ambuja Cements shares at all-time high after being acquired by Adani Group

Shares of Ambuja Cements jumped sharply on Monday to hit an all-time high after the formal acquisition of the cement maker by the Adani Group.

September 19, 2022

Share Market Today: Sensex up 456 points, Nifty soars past 18,000-points mark

The 30 stock S&P BSE Sensex surged 455.95 points or 0.76 per cent to 60,571.08 points against its previous day's close at 60,115.13 points. The Sensex started the day in the positive at 60,408.29 points and surged to a high of 60,635.28 points in the intra-day.

September 13, 2022

Indian stocks extend losses into third straight day

At 9.27 a.m., Sensex traded at 58,661.81 points, down 112.06 points or 0.19% per cent, whereas Nifty traded at 17,478.75 points, down 11.95 points or 0.068 per cent.

August 23, 2022

The Errant Market

The interest of FPIs in the Indian share market is surprising, because the profitability of Indian corporates is one of the lowest in the world; the combined net profit of BSE 500 companies in 2018-19 was US$ 63 billion, which is equivalent to 2.31 per cent of India's GDP, as against 6.1 per cent of the GDP in the US for the top 500 companies

September 8, 2020

Sensex lost early gains, closes 262 points down dragged by banks; Nifty falls at 9,205

Other gainers on the BSE chart included PowerGrid, ONGC and Reliance Industries were among the major gainers.

May 5, 2020

Rakesh Jhunjhunwala purchases Yes Bank Shares worth Rs. 87 crore

The investment in Yes Bank comes after it confirmed that it had received an offer worth $1.2 billion from potential global investors.

November 5, 2019

Yes Bank stock rallies 35% after receiving $1.2 billion investment

Since the beginning of the year, Yes Bank shares witnessed a hard time selling. In fact, its shares plunged as much as 84 per cent to hit an all-time low of Rs. 29.05 on October 1.

October 31, 2019