IBT Business Desk

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Indian stock market opens higher as investors cheer NDA's Bihar win; Bank Nifty hits new record

Stock market snaps 6-day gaining momentum amid profit booking

Sensex closed at 84,673.02, down 277.93 points or 0.33 per cent. The 30-share index started the session flat at 85,042.37 against last session's closing of 84,950.95. Later, the index dragged into negative territory as selling pressure gripped the market sentiment. 5 days ago
Gold, silver tumble as hopes of December Fed Rate cut fade

Gold, silver tumble as hopes of December Fed Rate cut fade

Gold and silver prices dropped sharply in the domestic futures market on Tuesday morning as hopes of a US Federal Reserve rate cut in December faded and concerns over US tariffs eased. This reduced the appeal of safe-haven assets like bullion. 6 days ago
Sensex, Nifty snap 6-day winning streak amid US-China trade probe concerns

Sensex, Nifty open lower on weak global cues

The Sensex dropped 195 points to trade at 84,756 in early deals, while the Nifty fell 64 points to 25,949. Most heavyweight stocks were under pressure, dragging the indices down. 6 days ago
Stock market rallies for 6th straight session, Nifty tops 26,000

Stock market rallies for 6th straight session, Nifty tops 26,000

Sensex ended the session at 84,950.95, up 388.17 points or 0.46 per cent. The 30-share index opened with a decent gap-up at 84,700.50 against the previous session's closing of 84,562.78. The index remained in positive territory throughout the session, touching an intra-day high at 84,988.09 and an intraday low at 84,581.08 6 days ago
Gold, silver hit record highs as global uncertainty fuels demand

Gold, silver prices decline as stronger dollar weighs on demand

Silver prices also slipped, with MCX Silver December contracts down 0.38 per cent at Rs 1,55,424 per kg. "Gold has support at $4035-4000 while resistance at $4115-4140. Silver has support at $50.30-49.85 while resistance is at $51.25-51.50," market experts said. 7 days ago
Sensex, Nifty open higher amid mixed global cues

Eight of India's top 10 firms add over Rs 2 lakh crore in value last week

The recent corrective phase came to an end, and the week concluded on a solid note as the NSE Nifty rose 417.75 points (1.64 per cent) and the BSE Sensex advanced 1,346.50 points (1.62 per cent). Meanwhile, the two industries that contributed most to the creation of wealth were telecom and energy. 8 days ago
Indian media and entertainment sector

Indian Media, Entertainment Market Projected to Top $100 Billion by 2030

"Recognised by the government as a high-potential segment within the services economy, the sector is projected to grow at a compound annual rate of about 7 per cent, reaching approximately Rs 3,067 billion by 2027. The national outlook envisions this ecosystem scaling up to $100 billion by 2030, signalling a decisive shift from a content-consuming nation to a global creator and exporter of intellectual property," said the government in an official statement. 8 days ago
Gold prices rise to 3-month high on back of safe-haven demand

Gold prices see further drop as safe haven buying eases

Gold futures contracts on the Multi-Commodity Exchange (MCX) opened firmly in red and stayed under pressure throughout the session. The December futures contract of gold dropped by Rs 1,186, or 0.94 per cent, settling at Rs 1,25,573 per 10 grams. 9 days ago
Sensex, Nifty extend winning streak for 6th day, led by IT stocks

Stock market ends on positive note over NDA's huge victory in Bihar polls

Sensex settled at 84,562.78, up 84.11 points or 0.10 per cent. The share index started the session at 84,060.14, falling over 400 points against last day's closing of 84,478.67 amid caution ahead of Bihar election results. However, the index jumped over 550 points from the day's low to close in green. 9 days ago
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Indian equity indices close flat amid profit booking ahead of Bihar poll results

Sensex ended the session at 84,478.67, up 12.16 points or 0.01 per cent. Continuing the previous day's rally, the 30-share index started trading higher at 84,525.89 against last session's closing of 84,466.51. However, the index traded volatile during the session and closed flat amid profit booking post the last three days ' rally. 10 days ago