Markets hit new record highs — 26,325.80 on the Nifty and 86,159 on the Sensex — on Friday before giving up gains to close marginally lower as weakness in pharma and financial stocks outweighed support from the auto and IT sectors. The Nifty settled at 26,175.75, down 27.20 points (0.10%), while the Sensex fell 64.77 […]
The Indian market ended Thursday’s session in green after both the Sensex and Nifty briefly hit new all-time highs before paring back gains at the end of the day. Optimism around possible US and domestic interest rate cuts next month continued to support risk appetite and attract new purchases.The S&P BSE Sensex rose 110.87 points, […]
The Indian market ended higher on Wednesday, with the Sensex and Nifty paring early losses, as renewed foreign inflows and a recovery in IT big names kept sentiment steady. Infosys led the charge, anticipating its Rs 18,000 crore share buyback that will start on Thursday.The S&P BSE Sensex rose 513 points, or 0.61%, to close […]
India’s automotive sector recorded 30 transactions worth $4.6 billion in the September quarter, the strongest in more than a year, boosted by Tata Motors’ $3.8 billion acquisition of Iveco SPA, Grant Thornton Bharat said on Wednesday. Excluding the Tata Motors-Iveco deal, values ​​fell 36 percent in the June quarter, indicating that big strategic bets continue […]