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India's stock market capitalization crossed $4 trillion for the first time on Dec. 5, with about half of that coming in the past four years
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Nifty took a downturn of 243.30 points, kicking off at 21,786.00. Market sentiments were strongly bearish, reflecting concerns about the economic outlook.
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This surge propelled the benchmark to comfortably overcome significant obstacles, resulting in the formation of a long bull candle on the daily charts
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The Board of Directors of Life Insurance Corporation of India (LIC) approved and adopted the standalone and consolidated financial results for the quarter and half year ended September 2023.
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The ongoing tension between Israel and Gaza continues to weigh on investor sentiment, likely resulting in subdued market conditions.
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The Indian stock market began the day with modest gains as the Sensex opened 61.27 points higher at 66,478.35, while the Nifty exhibited a marginal rise of 1.05 points, opening at 19,813.05.
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The Sensex opened 494.23 points lower, commencing at 65,486.61. Simultaneously, the Nifty opened 161.45 points down, initiating trading at 19,492.05.
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The 30-share BSE Sensex climbed 364.06 points or 0.55 per cent to settle at 65,995.63. During the day, it jumped 464.24 points or 0.70 per cent to hit 66,095.81
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The Nifty continued the positive momentum it had initiated during the previous trading session. Market analysts emphasized the importance of the Nifty crossing the 19,767 level to confirm the sustainability of this bullish trend.
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The 30-share BSE Sensex climbed 287.32 points to 66,406.01 in early deals. The Nifty advanced 50.2 points to 19,766.65.
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Even after the recent correction, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
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The positive market sentiment reflects optimism among investors, with many keeping a watchful eye on key sectors that continue to drive growth in the Indian stock market.
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The Indian rupee experienced a decline due to the dollar index surpassing 103.5; however, likely intervention from the RBI offered a degree of support
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The Hyderabad Police said it has busted a fake Call centre in neighbouring Andhra Pradesh and arrested five persons for allegedly cheating many aspiring stock traders.
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Indian stock market indices closed in the red on Thursday in a volatile trading session
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The rupee had closed lower by 18 paise at 82.34 to a dollar on Wednesday. The forex market was closed on Thursday for Ram Navami.
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Hyderabad: Financial education has become integral in today’s dynamic world. Especially there has been a rise in the number of active participants investing in the stock market. As much as short-term traders are learning about the fundamentals of stock trading, a certain section of people has made the stock market a destination for long-term investments. […]
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Mumbai: The Indian stock markets’ key indices, Sensex and Nifty, jumped by nearly two per cent on Tuesday led by strong buying support in metal, energy and banking stocks. The 30 stock S&P BSE Sensex was trading 930.62 points or 1.76 per cent higher at 53,904.46 points at 12.44 pm, against its previous day’s close […]
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Hyderabad: Stock market in recent times has exhibited wide movements either ways. On days it rose, BSE was up about 800 to 1,000 points, aiding in wealth creation. On days it dived, it fell around 700 or more points, giving an opportunity for the existing investors to buy stocks at a lower price. The falls […]
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Hyderabad: Stock market is the new goldmine for many in Telangana, where there is a staggering increase of 82.81 per cent new investors in just one year. According to data from the Bombay Stock Exchange (BSE) website, last year, there were 14,35,030 investors trading from Telangana. By November 8, the number of registered accounts here […]
