India’s benchmark indices rose on Monday after the US Supreme Court struck down President Donald Trump’s sweeping global tariffs on Friday. The 30-share Sensex rose over 670 points to hit an intraday high of 83,486 before paring gains at 83,294.66, up 480 points or 0.6%. The Nifty also advanced 142 points to close at 25,713.Meanwhile, […]
The India-US trade deal provided a strong boost to domestic equities, with benchmark indices ending the session with broad gains across sectors. Financial, auto, real estate and chemicals sectors emerged as the best performers, while Reliance Industries and HDFC Bank were the largest individual contributors to the frontline indices. The Nifty closed at 25,727.55, up […]
The Indian market closed lower on Monday, with the Sensex and Nifty witnessing an intraday decline of up to 1%, as investors locked in gains from small and midcap stocks and widened their selling into major blue chips. Continued withdrawals from foreign funds and a cautious mood ahead of the Federal Reserve’s midweek policy decision […]
BSE Index Services has announced a major overhaul of the BSE 500 index, which will see the addition of 32 new stocks to replace as many scrips. The changes will come into effect on December 22 and are part of the six-monthly reconstruction based on, among other things, the market capitalization, free float and liquidity […]
NSE Indices announced a recasting of his benchmark indices on Friday as part of his half-yearly assessment. Budget Carrier Indigo and Max Healthcare Institute will be included in the Nifty Index, to replace Hero Motocorp and Indusind Bank. The changes will take effect from September 30. Indigo had an average exemption market capitalization of RS […]