Markets

Market This Week: PMI data, budget and auto sales to be key triggers

Indian equity indices closed with gains last week despite mixed cues from global peers. Frontline indices both Sensex and Nifty posted gains of more than 2 per cent making their fourth consecutive week of growth.

Jun 30, 2024

India is now world's 3rd largest domestic aviation market, next to US, China

India has now become the world's third-largest domestic aviation market after the U.S. and China, as airlines such as IndiGo and Air India have expanded their fleet size to cater to the surge in air passengers, according to data compiled by aviation analytics firm OAG.

Jun 28, 2024

Sensex at all-time high, nearing 80K as largecaps lead the way

At 10 a.m., Sensex was at 79,558, up 314 points or 0.40 per cent and Nifty was up 93 points or 0.39 per cent, at 24,137.

Jun 28, 2024

Sensex trades flat on negative global cues

At 9:45 a.m., Sensex was up 20 points at 78,694 and Nifty was up 9 points at 23,877. Midcap and smallcap stocks are outperforming compared to largecaps.

Jun 27, 2024

5G data consumption 4 times faster than 4G in India

5G subscriptions to reach 840 million in India by 2029 end: Report

5G subscriptions are projected to reach around 840 million in India by the end of 2029, accounting for 65 per cent of mobile subscriptions in the region, a new report showed on Wednesday.

Jun 26, 2024

After reaching peak, Sensex opens flat amid selling in midcap stocks

At 9:42 a.m., Sensex was up 49 points or 0.06 per cent, at 78,103 and Nifty was down 11 points or 0.05 per cent, at 23,709.

Jun 26, 2024

Sensex jumps more than 1,000 points on impressive GDP numbers (Ld)

Indian stock market at all-time high, bank stocks lead sharp rally

Driven by the financial sector, the Indian stock market saw a sharp rally to close at an all-time high on Tuesday, with the Bank Nifty index breaking above the resistance of 52,000 for the first time.

Jun 25, 2024

Sensex jumps 212 points, Nifty up 53 points as markets open on positive global cues

At 9:55 a.m., Sensex was up 212 points or 0.27 per cent, at 77,553 and Nifty was up 53 points or 0.23 per cent, at 23,591.

Jun 25, 2024

NSE warns investors against so-called experts or entities promising assured returns in stock market

The National Stock Exchange (NSE) issued an advisory on Monday cautioning investors of certain individuals and entities operating schemes that offer securities market tips and assured returns on stock market investments.

Jun 25, 2024

Markets: Sensex, Nifty trade lower, IndusInd Bank and Tata Steel top losers

At 9:41 am, Sensex was down 430 points or 0.56 per cent, 76,779, and Nifty was down 134 points or 0.57 per cent, 23,366

Jun 24, 2024

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Biocon Biologics gets EMA nod to manufacture cancer drug in India

Bangalore-based Biocon to manufacture biosimilar Bevacizumab in India

Jun 24, 2024

Sensex finds grip, trades higher led by IT stocks

At 9:40 a.m., Sensex was up 222 points or 0.28 per cent at 77,700 and Nifty was up 71 points or 0.30 per cent at 23,638.

Jun 21, 2024

Sensex down 28 points after opening in green, Nifty down 16 points

At 9.50 a.m., Sensex was down 28 points or 0.04 per cent, at 77,309 and Nifty was down 16 points or 0.07 per cent at 23,499.

Jun 20, 2024

Amazon fined about $6 million for violating labour laws in US

E-commerce giant Amazon has been fined nearly $6 million for violating labour laws in the state of California in the US.

Jun 19, 2024

Indian Public Sector Banks Outshine Private Counterparts Amid Global Uncertainties

The Indian banking sector has demonstrated remarkable resilience amidst global uncertainties, according to a recent study conducted by the State Bank of India (SBI). The study revealed that public sector banks (PSBs) in India have outperformed their private and foreign counterparts in terms of efficiency.

Jun 19, 2024