The Indian market ended higher on Monday, with the Sensex and Nifty recouping some of the losses recorded during Sunday’s special session, as investors digested the impact of the federal budget on markets and capital flows. The recovery came despite proposals to increase transaction taxes on derivatives and the absence of new measures aimed at […]
The Indian market ended lower on Friday, with benchmark indices Sensex and Nifty retreating from recent highs as investors turned defensive this weekend ahead of the Union Budget.By the end of the session, benchmarks had pared some losses with the Sensex down 296.59 points or 0.36% to 82,269.78, while the Nifty fell 98 points or […]
The Indian market ended higher on Thursday, with the Sensex and Nifty paring early losses after a volatile session, as investors weighed continued trading optimism against increasing caution ahead of the Union Budget this weekend.At the close, sentiment recovered with the Sensex adding 222 points, or 0.27%, to 82,566.37, and the Nifty gaining 76 points, […]
Shares of Hindustan Zinc have fallen 2% in the past two trading sessions even as silver prices rose sharply to hit a new all-time high of Rs 4 lakh, highlighting the disconnect between commodity prices and stock performance. The stock’s weakness is not related to fundamentals or operational concerns but is mainly driven by promoter […]
The Indian market ended higher on Wednesday, with Sensex and Nifty extending their gains from the previous day, after a landmark trade deal between India and the European Union lit the flames of risk appetite and pushed the benchmark indices deeper into record territory. A supportive global backdrop amplified this move, causing investors to rush […]
Hindustan Zinc’s Offer for Sale (OFS) saw strong interest from institutional investors on the first day of the offering with 142.02% subscribed to the non-retail portion, reflecting healthy demand at the price levels offered.The OFS, launched by promoter Vedanta, opened for non-retail investors on Wednesday. The issue is being offered at a floor price of […]
A dramatic tripling in silver prices over the past year has propelled Hindustan Zinc Ltd to the top of India’s metals pack in terms of market capitalization. The rally has boosted the company’s valuation to around Rs 3.2 lakh crore, helping it overtake several major competitors, including its parent company, Anil Agarwal-led Vedanta.Shares of Hindustan […]
The Indian market ended higher on Thursday with the Sensex and Nifty posting a three-day losing run, supported by global risk-on sentiment that revived buying interest across sectors. Both benchmarks had gained nearly 1% in early trade with the Sensex surging over 800 points while the Nifty 50 regained the 25,400-point mark before posting some […]
The Indian market ended lower for the third straight session on Wednesday, deepening a sharp market rout that has wiped out nearly Rs 14 lakh crore of investor wealth. The sell-off, triggered by global unrest and uneven corporate earnings, saw the benchmark Sensex fall over 1,660 points in three sessions, while the Nifty 50 fell […]
The Indian market closed sharply lower on Tuesday after a late morning sell-off dragged benchmark indices to their lowest levels in more than two months. At the end of the session, the BSE Sensex fell 1,065.7 points or 1.28% to close at 82,180.47, while the NSE Nifty 50 fell 353 points or 1.38% to 25,232.50. […]