The Nifty50 index rose to a new all-time high of 26,310.45 during Thursday’s trading session, supported by strong buying interest among heavyweights in financial, IT, infrastructure and consumption-related stocks.The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage gains. […]
Indian shares fell for the third time in a row on Tuesday, November 25, after a volatile derivative expiry dragged the Sensex and Nifty lower, with heavyweights ICICI Bank, HDFC Bank, Infosys, ITC, L&T and Kotak Mahindra Bank weighing on the indices.The S&P BSE Sensex fell 314 points, or 0.37%, to close at 84,587, while […]
After a lackluster 2024, Reliance Industries is enjoying one of the sharpest rebounds since the Covid year of 2020, with a wide range of triggers across the energy, telecom and retail sectors fueling a strong revaluation. The Nifty heavyweight has risen over 26% in 2025, adding Rs 4.4 lakh crore to its valuation and taking […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 1,28,281.52 crore last week, with Reliance Industries and Bharti Airtel emerging as the biggest gainers, in line with a positive trend in equities.Last week, the benchmark BSE rose 669.14 points or 0.79 percent. While Reliance Industries, HDFC Bank, Bharti […]
Indian markets remain choppy, but investor opportunities continue to emerge in banking, auto, consumer and select digital stocks, said Sudip Bandyopadhyay, group chairman, Inditrade Capital. In an interview with ET Now, he outlined where he sees clear value – and where caution is needed. IndusInd Bank: Buy now, but wait a year Bandyopadhyay remains bullish […]
MUMBAI: Strong gains by index heavyweights Reliance Industries and HDFC Bank on Thursday pushed sensex within half a percentage point of its all-time high of 85,978 points recorded almost 14 months ago. Sensex ended the session 446 points ahead at 85,633 points, its fourth straight day of gains. At the end of Thursday, while Sensex […]
The Indian market ended the session just shy of record highs on Thursday, with shares of Reliance Industries leading the way, while a strong quarterly earnings report revived investor confidence in the prospects for a broader market recovery.The S&P BSE Sensex rose 446 points (0.52%) to close at 85,632.68, while the NSE Nifty 50 gained […]
The Indian rupee closed slightly weaker on Thursday, pressured by the dollar’s broad-based strength following an aggressive reassessment of policy easing by the Federal Reserve, while modest portfolio inflows helped limit the currency’s decline.The rupee closed at 88.7050 against the US dollar, down around 0.1% on the day. The dollar index held above the 100 […]
D-Street has witnessed a number of block deals involving top names like Reliance Industries (RIL), HDFC Bank and Apollo Hospitals Enterprises. While Goldman Sachs sold shares in RIL and HDFC Bank, while BofA sold shares in Apollo.Goldman Sachs sold 3.98 lakh shares through its subsidiary Goldman Sachs Bank Europe SE at a price of Rs […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 2,05,185.08 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers.Last week, the BSE Sensex rose 1,346.5 points or 1.62 percent and the NSE Nifty rose 417.75 points or 1.64 percent. Markets staged a strong […]