Markets

Sensex hits 85,000 for first time, Nifty trades at all-time high

Sensex crosses 85,000-mark first time, Nifty trades at all-time high

In the Sensex pack, Tata Steel, JSW Steel, Nestle, Tata Motors, Power Grid, HDFC Bank, Sun Pharma, Bharti Airtel, Asian Paints and NTPC were the top gainers.

Sep 24, 2024

Sensex, Nifty trade at all-time high, Bharti Airtel and SBI top gainers

In early trade, Sensex and Nifty made a new all-time high of 84,862 and 25,911 respectively.

Sep 23, 2024

Market outlook: Futures and options expiry, FII data and global cues key factors next week

The stock market witnessed a sharp rally last week driven by the US Fed Reserve's rate cut. Next week's market outlook depends upon several factors like foreign institutional investors (FIIs) activities, futures and options (F&O) monthly expiry, crude oil prices and global macroeconomic data.

Sep 22, 2024

September set to be busiest month for IPOs in 14 years: RBI

RBI Forecasts Record-Breaking IPO Activity in September

As Indian stock markets remain resilient amid global challenges, September is set to be the busiest month for initial public offerings (IPOs) in 14 years, with over 28 companies entering the market so far, according to the Reserve Bank of India (RBI).

Sep 21, 2024

Oyo's $525M Acquisition: A New Chapter in Global Hospitality

Boosting its international presence, Indian hospitality major Oyo's parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the investment company Blackstone in a $525 million cash deal, the US firm said on Friday.

Sep 21, 2024

Fed Rate Decision sends Indian markets high on trajectory, bullish momentum to continue

The ongoing bullish momentum is like to take Nifty towards 25,900-26,000 levels. On the upside, 26,000 will act as an immediate hurdle for Nifty.

Sep 21, 2024

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Sensex closes at all-time high, Nifty near 25,800

At closing, Sensex was up 1,359 points, or 1.63 per cent, at 84,544 and Nifty was up 375 points, or 1.48 per cent, at 25,790. Nifty Bank was up 755 points, or 1.42 per cent, at 53,793.

Sep 20, 2024

Sensex, Nifty close at all-time high, led by metal and auto shares

Stock Market: Sensex crosses 84,000 for first time, Nifty hits record high

India front-line indices were trading at an all-time high on Friday in mid-session following positive sentiments in the market after the US Fed rate cut.

Sep 20, 2024

Sensex trades higher on positive global cues

Sensex trades higher echoing Asian, US market cues

Indian equity indices opened in green on Friday following positive cues from Asian and US markets.

Sep 20, 2024

Sensex closes up by 236 pts, NTPC and Kotak Mahindra Bank top gainers

Indian frontline equity indices closed in green on Thursday, buoyed by the US Federal Reserve's decision to cut interest rates by 50 basis points, exceeding market expectations.

Sep 19, 2024

Sensex, Nifty jump to hit record high as IT stocks rally after Fed Rate cut

IT stocks, benefiting from U.S. revenue exposure, led gains, with the Nifty IT index up 1.6%. All 13 sectors advanced, with small- and mid-caps climbing 0.6%.

Sep 19, 2024

Fed kicks off Interest Rate cut with 50-basis-points, Harris and Trump react

The Fed had maintained its policy rate in the 5.25%-5.50% range since July 2022, ending an 18-month period of rate hikes designed to combat a 40-year high inflation surge.

Sep 19, 2024

Sensex closes above 83,000; Bharti Airtel, NTPC top gainers

Indian equity indices closed with marginal gains as market investors shifted their focus to the US Federal Open Market Committee's policy meeting, starting later in the day on Tuesday.

Sep 17, 2024

Mixed cues dominate markets, Sensex, Nifty trade flat

At 9.42 a.m., Sensex was up 21 points or 0.03 per cent at 83,010 and Nifty was up 15 points or 0.06 per cent at 25,397

Sep 17, 2024

Bajaj Housing Finance debuts at Rs 150 with premium of 114 pc over issue price

Shares of the Bajaj Housing Finance Limited listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) at Rs 150 per share each with a premium of 114 per cent against its issue price of Rs 70 per share.

Sep 16, 2024